Methode Electronics Inc (MEI)

Name: Methode Electronics Inc Financial Statements
Creator: Quarter Results

Technology | Hardware Equipment Parts

Latest reporting period: 2025-11-01

Latest Quarter

2025-11-01

Revenue

$247M

Net Income

-$9.9M

Operating Margin

1.2%

Free Cash Flow

-$15.2M

Debt / Assets

46.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Methode Electronics Inc (MEI).
Income Statement (Quarterly)	2025-11-01	2025-08-02	2025-02-01	2024-11-02
Revenue	246,900,000	240,500,000	239,900,000	292,600,000
Cost of Revenue	199,200,000	197,000,000	198,600,000	234,700,000
Gross Profit	47,700,000	43,500,000	41,300,000	57,900,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	39,000,000	36,600,000	37,700,000	42,600,000
Operating Expenses	44,800,000	42,400,000	43,500,000	48,500,000
Operating Income	2,900,000	1,100,000	-2,200,000	9,400,000
Interest Expense	5,700,000	5,900,000	5,500,000	6,200,000
Income Before Tax	-4,200,000	-6,100,000	-8,200,000	1,600,000
Income Tax Expense	5,700,000	4,200,000	6,200,000	3,200,000
Net Income	-9,900,000	-10,300,000	-14,400,000	-1,600,000
Per Share
EPS	-0.28	-0.29	-0.41	-0.05
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Methode Electronics Inc (MEI).
Income Statement (Annual)	2025-05-03	2025-04-30	2024-04-27	2023-04-30	2023-04-29
Revenue	1,048,099,999	1,048,099,999	1,114,500,000	1,179,600,000	1,179,600,000
Cost of Revenue	884,699,999	884,699,999	935,700,000	915,500,000	915,500,000
Gross Profit	163,400,000	163,400,000	178,800,000	264,100,000	264,100,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	163,900,000	163,900,000	155,900,000	154,900,000	154,900,000
Operating Expenses	187,300,000	187,300,000	292,500,000	173,700,000	173,700,000
Operating Income	-23,900,000	-23,900,000	-112,000,000	90,400,000	90,400,000
Interest Expense	22,700,000	22,700,000	16,700,000	2,700,000	2,700,000
Income Before Tax	-50,100,000	-50,100,000	-128,100,000	90,100,000	90,100,000
Income Tax Expense	12,500,000	12,500,000	-4,800,000	13,000,000	13,000,000
Net Income	-62,600,000	-62,600,000	-123,300,000	77,100,000	77,100,000
Per Share
EPS	-1.76	-1.76	-3.48	2.14	2.14
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Methode Electronics Inc (MEI).
Balance Sheet (Quarterly)	2025-05-03	2025-04-30	2024-04-27	2023-04-30
Assets
Cash and Cash Equivalents	103,600,000	103,600,000	161,500,000	157,000,000
Short Term Investments	0	0	0	0
Net Receivables	245,100,000	245,100,000	266,600,000	327,200,000
Inventory	194,100,000	194,100,000	186,200,000	159,700,000
Total Current Assets	559,900,000	559,900,000	637,700,000	664,400,000
Property Plant Equipment	245,300,000	245,300,000	238,800,000	248,700,000
Goodwill and Intangibles	411,100,000	411,100,000	426,600,000	558,600,000
Total Assets	1,305,800,000	1,305,800,000	1,403,500,000	1,579,100,000
Liabilities
Account Payables	125,900,000	125,900,000	132,400,000	138,700,000
Short Term Debt	7,600,000	7,600,000	6,900,000	10,000,000
Total Current Liabilities	233,200,000	233,200,000	231,400,000	228,000,000
Long Term Debt	335,600,000	335,600,000	351,300,000	325,400,000
Total Liabilities	612,500,000	612,500,000	637,500,000	637,300,000
Shareholders Equity
Retained Earnings	524,200,000	524,200,000	612,300,000	772,700,000
Total Shareholders Equity	693,300,000	693,300,000	766,000,000	941,800,000

Balance sheet annual history for Methode Electronics Inc (MEI).
Balance Sheet (Annual)	2025-05-03	2025-04-30	2024-04-27	2023-04-30	2023-04-29
Assets
Cash and Cash Equivalents	103,600,000	103,600,000	161,500,000	157,000,000	157,000,000
Short Term Investments	0	0	0	0	1,600,000
Net Receivables	245,100,000	245,100,000	266,600,000	327,200,000	314,300,000
Inventory	194,100,000	194,100,000	186,200,000	159,700,000	159,700,000
Total Current Assets	559,900,000	559,900,000	637,700,000	664,400,000	664,400,000
Property Plant Equipment	245,300,000	245,300,000	238,800,000	248,700,000	248,700,000
Goodwill and Intangibles	411,100,000	411,100,000	426,600,000	558,600,000	558,600,000
Total Assets	1,305,800,000	1,305,800,000	1,403,500,000	1,579,100,000	1,579,100,000
Liabilities
Account Payables	125,900,000	125,900,000	132,400,000	138,700,000	138,700,000
Short Term Debt	7,600,000	7,600,000	6,900,000	10,000,000	10,000,000
Total Current Liabilities	233,200,000	233,200,000	231,400,000	228,000,000	228,000,000
Long Term Debt	335,600,000	335,600,000	351,300,000	325,400,000	325,400,000
Total Liabilities	612,500,000	612,500,000	637,500,000	637,300,000	637,300,000
Shareholders Equity
Retained Earnings	524,200,000	524,200,000	612,300,000	772,700,000	772,700,000
Total Shareholders Equity	693,300,000	693,300,000	766,000,000	941,800,000	941,800,000

Cash flow quarterly history for Methode Electronics Inc (MEI).
Cash Flow Statement (Quarterly)	2025-05-03	2025-04-30	2024-04-27	2023-04-30
Operating Activities
Net Income	-62,600,000	-62,600,000	-123,300,000	77,100,000
Depreciation & Amortization	58,500,000	58,500,000	57,900,000	49,500,000
Stock Based Compensation	7,400,000	7,400,000	3,600,000	11,500,000
Change in Working Capital	3,700,000	3,700,000	23,800,000	-3,500,000
Operating Cash Flow	26,400,000	26,400,000	47,500,000	132,800,000
Investing Activities
Capital Expenditure	-41,600,000	-41,600,000	-50,200,000	-42,000,000
Investments	-41,600,000	-41,600,000	-50,200,000	-42,000,000
Investing Cash Flow	-32,900,000	-32,900,000	-17,500,000	-153,100,000
Financing Activities
Debt Repayment	-32,600,000	-32,600,000	30,500,000	-271,400,000
Common Stock Issued/Repurchased	-1,600,000	-1,600,000	-13,700,000	298,100,000
Dividends Paid	-20,400,000	-20,400,000	-19,900,000	-19,800,000
Financing Cash Flow	-58,900,000	-58,900,000	-18,900,000	3,200,000
Summary
Free Cash Flow	-15,200,000	-15,200,000	-2,700,000	90,800,000
Net Change in Cash	-57,900,000	-57,900,000	4,500,000	-15,000,000

Cash flow annual history for Methode Electronics Inc (MEI).
Cash Flow Statement (Annual)	2025-05-03	2025-04-30	2024-04-27	2023-04-30	2023-04-29
Operating Activities
Net Income	-62,600,000	-62,600,000	-123,300,000	77,100,000	77,100,000
Depreciation & Amortization	58,500,000	58,500,000	57,900,000	49,500,000	49,500,000
Stock Based Compensation	7,400,000	7,400,000	3,600,000	11,500,000	11,500,000
Change in Working Capital	3,700,000	3,700,000	23,800,000	-3,500,000	-3,500,000
Operating Cash Flow	26,400,000	26,400,000	47,500,000	132,800,000	132,800,000
Investing Activities
Capital Expenditure	-41,600,000	-41,600,000	-50,200,000	-42,000,000	-42,000,000
Investments	-41,600,000	-41,600,000	-50,200,000	-42,000,000	-42,000,000
Investing Cash Flow	-32,900,000	-32,900,000	-17,500,000	-153,100,000	-153,100,000
Financing Activities
Debt Repayment	-32,600,000	-32,600,000	30,500,000	-271,400,000	-271,400,000
Common Stock Issued/Repurchased	-1,600,000	-1,600,000	-13,700,000	298,100,000	298,100,000
Dividends Paid	-20,400,000	-20,400,000	-19,900,000	-19,800,000	-19,800,000
Financing Cash Flow	-58,900,000	-58,900,000	-18,900,000	3,200,000	3,200,000
Summary
Free Cash Flow	-15,200,000	-15,200,000	-2,700,000	90,800,000	90,800,000
Net Change in Cash	-57,900,000	-57,900,000	4,500,000	-15,000,000	-15,000,000