Business Description
Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies comprising PowerRail solutions, high-current high-voltage flexible power cabling systems, and powder-coated busbars that are used in various markets and applications, including aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation. The Interface segment provides a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market; and solutions, including copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. The company serves end markets of transportation, including automotive, commercial vehicle, e-bike, aerospace, bus, and rail; and cloud computing infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -1.76
Total Equity: $693.30M
Shares: 35,494,664
Total Debt: $317.60M
Cash: $103.60M
EBITDA: $31.10M
Total Debt: $317.60M
Cash: $103.60M
Revenue: $1.05B
Shares: 35,494,664
Revenue: $1.05B
Revenue: $1.05B
Revenue: $1.05B
Total Equity: $693.30M
Tax Rate: -25.0%
Equity: $693.30M
Total Debt: $317.60M
Cash: $103.60M
Current Liabilities: $233.20M
Long-Term Debt: $317.40M
Total Debt: $317.60M
Total Equity: $693.30M
Shares: 35,494,664
Shares: 35,494,664
CapEx: -$41.60M
Shares: 35,494,664
Stock Price: $19.16
Net Income: -$62.60M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 24, 2026 3:24am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.2B | $1.1B | $1.0B |
| Cost of Revenue | $813.9M | $898.7M | $915.5M | $935.7M | $884.7M |
| Gross Profit | $274.1M | $264.9M | $264.1M | $180.5M | $163.4M |
| Operating Expenses | $146.2M | $153.2M | $173.7M | $292.5M | $187.3M |
| Operating Income | $127.9M | $111.7M | $90.4M | -$112.0M | -$23.9M |
| Net Income | $122.3M | $102.2M | $77.1M | -$123.3M | -$62.6M |
| EBITDA | $191.6M | $174.6M | $142.3M | -$53.5M | $31.1M |
| EPS | $3.22 | $2.74 | $2.14 | $-3.48 | $-1.76 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 3:24am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $233.2M | $172.0M | $157.0M | $161.5M | $103.6M |
| Total Current Assets | $674.0M | $629.0M | $664.4M | $637.7M | $559.9M |
| Total Assets | $1.5B | $1.4B | $1.6B | $1.4B | $1.3B |
| Current Liabilities | $222.7M | $188.6M | $228.0M | $231.4M | $233.2M |
| Long-Term Debt | $225.2M | $197.5M | $303.6M | $330.7M | $317.4M |
| Total Liabilities | $549.0M | $475.3M | $626.2M | $637.5M | $612.5M |
| Total Equity | $918.0M | $913.8M | $941.8M | $766.0M | $693.3M |
| Retained Earnings | $746.0M | $763.9M | $772.7M | $612.3M | $524.2M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 3:24am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $179.8M | $98.8M | $132.8M | $47.5M | $26.4M |
| Capital Expenditure | -$24.9M | -$38.0M | -$42.0M | -$50.2M | -$41.6M |
| Free Cash Flow | $154.9M | $60.8M | $90.8M | -$2.7M | -$15.2M |
| Acquisitions (net) | $100,000 | $600,000 | -$114.6M | $10.4M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$6.7M | -$64.5M | -$48.1M | -$13.7M | -$1.6M |
| Net Change in Cash | $15.9M | -$61.2M | -$15.0M | $4.5M | -$57.9M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 2:43am (6h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$1.0B $1.0B – $1.0B
|
$959.6M $933.1M – $983.4M
|
$951.9M $925.6M – $975.5M
|
$991.7M $964.3M – $1.0B
|
| EBITDA |
$45.2M $44.8M – $45.6M
|
$42.4M $41.2M – $43.4M
|
$42.0M $40.9M – $43.1M
|
$43.8M $42.6M – $44.9M
|
| Net Income |
-$27.0M -$28.0M – -$26.1M
|
-$43.0M -$44.3M – -$41.4M
|
-$7.4M -$7.7M – -$7.2M
|
$3.4M $3.2M – $3.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 3:24am (3d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +6.9% | +1.4% | -5.5% | -6.0% |
| Gross Profit Growth | -3.4% | -0.3% | -31.7% | -9.5% |
| Operating Income Growth | -12.7% | -19.1% | -223.9% | +78.7% |
| Net Income Growth | -16.4% | -24.6% | -259.9% | +49.2% |
| EBITDA Growth | -8.9% | -18.5% | -137.6% | +158.1% |
Dividend History (Last 20)
Last updated: Jun 24, 2026 3:24am (3d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-17 | $0.05 | 2026-06-10 | 2026-07-17 | 2026-07-31 |
| 2026-04-17 | $0.05 | 2026-03-18 | 2026-04-17 | 2026-05-01 |
| 2026-01-16 | $0.05 | 2025-12-17 | 2026-01-16 | 2026-01-30 |
| 2025-10-29 | $0.05 | 2025-10-17 | 2025-10-29 | 2025-10-31 |
| 2025-07-21 | $0.07 | 2025-07-09 | 2025-07-21 | 2025-08-01 |
| 2025-04-17 | $0.14 | 2025-03-20 | 2025-04-18 | 2025-05-02 |
| 2025-01-17 | $0.14 | 2024-12-12 | 2025-01-17 | 2025-01-31 |
| 2024-10-18 | $0.14 | 2024-09-11 | 2024-10-18 | 2024-11-01 |
| 2024-07-12 | $0.14 | 2024-06-13 | 2024-07-12 | 2024-07-26 |
| 2024-04-11 | $0.14 | 2024-03-14 | 2024-04-12 | 2024-04-26 |
| 2024-01-11 | $0.14 | 2023-12-06 | 2024-01-12 | 2024-01-26 |
| 2023-10-12 | $0.14 | 2023-09-13 | 2023-10-13 | 2023-10-27 |
| 2023-07-13 | $0.14 | 2023-06-15 | 2023-07-14 | 2023-07-28 |
| 2023-04-13 | $0.14 | 2023-03-16 | 2023-04-14 | 2023-04-28 |
| 2023-01-12 | $0.14 | 2022-12-15 | 2023-01-13 | 2023-01-27 |
| 2022-10-13 | $0.14 | 2022-09-14 | 2022-10-14 | 2022-10-28 |
| 2022-07-14 | $0.14 | 2022-06-16 | 2022-07-15 | 2022-07-29 |
| 2022-04-13 | $0.14 | 2022-03-17 | 2022-04-14 | 2022-04-29 |
| 2022-01-13 | $0.14 | 2021-12-09 | 2022-01-14 | 2022-01-28 |
| 2021-10-14 | $0.14 | 2021-09-15 | 2021-10-15 | 2021-10-29 |
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