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Methode Electronics Inc

MEI NYSE Electronic Connectors Financials FY2017–FY2026

Revenue Total sales reported in the income statement.
$1.0B
2.8% vs prior year
Operating margin Operating income as a share of revenue.
0.9%
3.1 pts
Net income Profit after all expenses, interest and tax.
βˆ’$35.7M
Free cash flow Cash from operations minus capital spending.
$15.6M
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
0.8%
2.9 pts
Market cap Last close times the latest diluted share count, so it is approximate.
β€”
P/E Last close divided by diluted earnings per share over the last four quarters.
β€”
On βˆ’$1.04 EPS (TTM)

What Methode Electronics Inc does

No business description yet.

Legal name
METHODE ELECTRONICS INC
Fiscal year ends
May 2, 2026
Latest annual report
10-K Β· Jun 24, 2026
Accession Β· CIK
0000065270-26-000031
0000065270

Revenue and margins

Methode Electronics Inc had $1.0B of revenue in fiscal 2026, down 2.8% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

Loss periods are shown in red.

Net income
Net income
Diluted EPS
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was $15.6M in fiscal 2026, 1.5% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Methode Electronics Inc returned $8.3M to shareholders in fiscal 2026, 53% of free cash flow. The diluted share count rose 0.5%.

Dividends and buybacks
Dividends Buybacks
Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Balance sheet

Cash, debt and the ratios that show how comfortably Methode Electronics Inc can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY22FY23FY24FY25FY26
Cash and short-term investments $172M$157M$162M$104M$140M
Debt incl. finance leases $211M$307M$331M$318M$325M
Net debt / EBITDA 0.2x1.1xβ€”6.2x2.7x
Debt / equity 0.2x0.3x0.4x0.5x0.5x
Current ratio 3.3x2.9x2.8x2.4x2.4x
Quick ratio 2.5x2.2x2.0x1.6x1.7x
Total assets $1.4B$1.6B$1.4B$1.3B$1.3B
Total liabilities $475M$626M$638M$613M$629M
Shareholders' equity $914M$942M$766M$693M$678M
Net debt (βˆ’ = net cash) $39.3M$150M$170M$215M$185M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$0.0M

0 insiders

Sold, 12 months

$0.0M

0 insiders

Of sales under plans

β€”

$0.0M

No open-market insider trades in the last 12 months.

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

TestFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Net income is positive βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ• βœ• βœ•
Cash from operations is positive βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“
Return on assets rose β€” βœ• βœ“ βœ“ βœ• βœ• βœ• βœ• βœ“ βœ“
Cash from operations exceeds net income βœ“ βœ“ βœ“ βœ“ βœ“ βœ• βœ“ βœ“ βœ“ βœ“
Debt fell relative to assets β€” βœ• βœ• βœ• βœ“ βœ“ βœ• βœ• βœ• βœ•
Current ratio rose β€” βœ• βœ• βœ“ βœ• βœ“ βœ• βœ• βœ• βœ•
Share count didn't rise β€” βœ• βœ• βœ• βœ• βœ“ βœ“ βœ“ βœ“ βœ•
Gross margin rose β€” βœ• βœ“ βœ“ βœ• βœ• βœ• βœ• βœ• βœ“
Revenue rose relative to assets β€” βœ• βœ• βœ• βœ• βœ“ βœ• βœ“ βœ“ βœ•
F-score β€” / 33 / 95 / 96 / 94 / 96 / 94 / 94 / 95 / 94 / 9
Accruals ratio βˆ’7.4%βˆ’7.5%βˆ’1.0%βˆ’1.3%βˆ’4.1%0.2%βˆ’3.8%βˆ’11.5%βˆ’6.6%βˆ’5.6%
Altman Z'' 10.307.684.815.696.026.435.374.054.024.11

10 years of figures

US$ millions unless stated. Hover a ratio's name for its definition.

Download CSV
Fiscal yearFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Income statement
Revenue $817M $908M $1.0B $1.0B $1.1B $1.2B $1.2B $1.1B $1.0B $1.0B
Net interest income $0.4M βˆ’$0.9M βˆ’$8.3M βˆ’$10.1M βˆ’$5.2M βˆ’$3.5M βˆ’$2.7M βˆ’$16.7M βˆ’$22.0M βˆ’$23.3M
Gross profit $218M $240M $266M $283M $274M $265M $264M $179M $163M $202M
Research and development $27.8M $37.9M $41.2M $34.9M $35.7M $35.7M $35.0M $49.1M $41.8M $37.5M
Operating income $111M $118M $107M $147M $128M $112M $90.4M βˆ’$112M βˆ’$23.9M $8.8M
Pretax income $116M $124M $104M $149M $135M $119M $90.1M βˆ’$128M βˆ’$50.1M βˆ’$10.7M
Income tax $23.0M $66.6M $12.0M $25.3M $12.6M $16.3M $13.0M βˆ’$4.8M $12.5M $25.0M
Net income $92.9M $57.2M $91.6M $123M $122M $102M $77.1M βˆ’$123M βˆ’$62.6M βˆ’$35.7M
Diluted EPS β€” $1.52 $2.43 $3.26 $3.19 $2.70 $2.10 βˆ’$3.48 βˆ’$1.77 βˆ’$1.01
Diluted shares 0.04B 0.04B 0.04B 0.04B 0.04B 0.04B 0.04B 0.04B 0.04B 0.04B
Cash flow
Cash from operations $145M $118M $102M $141M $180M $98.8M $133M $47.5M $26.4M $38.0M
Capital expenditure $22.4M $47.7M $49.8M $45.1M $24.9M $38.0M $42.0M $50.2M $41.6M $22.4M
Free cash flow $123M $70.1M $52.2M $95.5M $155M $60.8M $90.8M βˆ’$2.7M βˆ’$15.2M $15.6M
Depreciation and amortization $24.3M $28.1M $43.3M $48.3M $51.5M $52.6M $49.5M $57.9M $58.5M $58.8M
Stock-based compensation $12.4M $4.0M $14.0M $0.3M $6.8M $11.8M $11.5M $3.6M $7.4M $8.5M
Acquisitions $0.0M $131M $422M β€” β€” β€” $115M β€” β€” β€”
Share buybacks $9.8M $0.0M $0.0M β€” $6.7M $64.5M $48.1M $13.7M $1.6M $0.0M
Dividends paid $13.7M $14.7M $16.3M $16.3M $17.4M $20.4M $19.8M $19.9M $20.4M $8.3M
Dividends and buybacks $23.5M $14.7M $16.3M $16.3M $24.1M $84.9M $67.9M $33.6M $22.0M $8.3M
Balance sheet
Cash and short-term investments $294M $246M $83.2M $217M $233M $172M $157M $162M $104M $140M
Total debt $27.0M $57.8M $308M $352M $240M $211M $307M $331M $318M $325M
Finance lease liabilities β€” β€” β€” $1.4M $1.0M $0.8M $0.6M $0.5M $0.5M β€”
Current assets $530M $550M $454M $566M $674M $629M $664M $638M $560M $600M
Current liabilities $124M $157M $181M $144M $223M $189M $228M $231M $233M $254M
Inventory $57.9M $84.1M $117M $131M $124M $159M $160M $186M $194M $179M
Property and equipment, net $90.6M $162M $192M $202M $204M $197M $220M $212M $222M $209M
Goodwill $1.6M $59.2M $233M $232M $236M $233M $302M $170M $173M $175M
Intangible assets $6.6M $61.0M $265M $245M $229M $208M $257M $257M $238M $219M
Total assets $704M $916M $1.2B $1.4B $1.5B $1.4B $1.6B $1.4B $1.3B $1.3B
Total liabilities $163M $286M $542M $587M $549M $475M $626M $638M $613M $629M
Shareholders' equity $541M $630M $690M $783M $918M $914M $942M $766M $693M $678M
Margins
Gross margin 26.7% 26.4% 26.6% 27.6% 25.2% 22.8% 22.4% 16.0% 15.6% 19.8%
Operating margin 13.6% 13.0% 10.7% 14.4% 11.8% 9.6% 7.7% βˆ’10.0% βˆ’2.3% 0.9%
EBITDA margin 16.5% 16.1% 15.0% 19.1% 16.5% 14.1% 11.9% βˆ’4.9% 3.3% 6.6%
Net margin 11.4% 6.3% 9.2% 12.1% 11.2% 8.8% 6.5% βˆ’11.1% βˆ’6.0% βˆ’3.5%
FCF margin 15.0% 7.7% 5.2% 9.3% 14.2% 5.2% 7.7% βˆ’0.2% βˆ’1.5% 1.5%
Net interest share of revenue 0.0% βˆ’0.1% βˆ’0.8% βˆ’1.0% βˆ’0.5% βˆ’0.3% βˆ’0.2% βˆ’1.5% βˆ’2.1% βˆ’2.3%
Returns
Return on capital 32.4% 17.4% 10.3% 13.3% 12.5% 10.1% 7.1% βˆ’9.5% βˆ’2.1% 0.8%
Return on capital employed 19.1% 15.6% 10.2% 12.0% 10.3% 9.3% 6.7% βˆ’9.6% βˆ’2.2% 0.8%
Return on equity 17.2% 9.8% 13.9% 16.8% 14.4% 11.2% 8.3% βˆ’14.4% βˆ’8.6% βˆ’5.2%
Return on assets 13.2% 7.1% 8.5% 9.5% 8.6% 7.2% 5.2% βˆ’8.3% βˆ’4.6% βˆ’2.7%
Return on tangible equity 17.4% 11.2% 47.8% 40.2% 27.0% 21.6% 20.1% βˆ’36.3% βˆ’22.2% βˆ’12.6%
Growth
Revenue growth β€” 11.2% 10.1% 2.4% 6.3% 6.9% 1.4% βˆ’5.5% βˆ’6.0% βˆ’2.8%
Net income growth β€” βˆ’38.4% 60.1% 34.7% βˆ’0.9% βˆ’16.4% βˆ’24.6% βˆ’259.9% β€” β€”
EPS growth β€” β€” 59.9% 34.2% βˆ’2.1% βˆ’15.4% βˆ’22.2% βˆ’265.7% β€” β€”
FCF growth β€” βˆ’42.9% βˆ’25.5% 83.0% 62.2% βˆ’60.7% 49.3% βˆ’103.0% β€” β€”
Share count change β€” 0.1% 0.3% 0.5% 1.2% βˆ’1.3% βˆ’2.8% βˆ’3.5% βˆ’0.4% 0.5%
Financial health
Net debt / EBITDA βˆ’2.0x βˆ’1.3x 1.5x 0.7x 0.0x 0.2x 1.1x β€” 6.2x 2.7x
Debt / equity 0.0x 0.1x 0.4x 0.4x 0.3x 0.2x 0.3x 0.4x 0.5x 0.5x
Current ratio 4.3x 3.5x 2.5x 3.9x 3.0x 3.3x 2.9x 2.8x 2.4x 2.4x
Quick ratio 3.8x 3.0x 1.9x 3.0x 2.5x 2.5x 2.2x 2.0x 1.6x 1.7x
Capital allocation
Capex / revenue 2.7% 5.3% 5.0% 4.4% 2.3% 3.3% 3.6% 4.5% 4.0% 2.2%
Stock comp / revenue 1.5% 0.4% 1.4% 0.0% 0.6% 1.0% 1.0% 0.3% 0.7% 0.8%
Payouts / FCF 19.1% 21.0% 31.2% 17.1% 15.6% 139.6% 74.8% β€” β€” 53.2%
Quality scores
Piotroski F-score β€” 3.0 5.0 6.0 4.0 6.0 4.0 4.0 5.0 4.0
Altman Z'' 10.3 7.7 4.8 5.7 6.0 6.4 5.4 4.0 4.0 4.1
Accruals ratio βˆ’7.4% βˆ’7.5% βˆ’1.0% βˆ’1.3% βˆ’4.1% 0.2% βˆ’3.8% βˆ’11.5% βˆ’6.6% βˆ’5.6%

Source: SEC EDGAR XBRL filings (CIK 0000065270). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β€” not investment advice. Check the original filings before relying on any figure.

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