Methode Electronics (MEI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.1B
Gross Profit
178.8M
16.04%
Operating Income
-6.1M
-0.55%
Net Income
-123.3M
-11.06%
EPS (Diluted)
-$3.48
Balance Sheet Metrics
Total Assets
1.4B
Total Liabilities
637.5M
Shareholders Equity
766.0M
Debt to Equity
0.83
Cash Flow Metrics
Operating Cash Flow
-65.7M
Free Cash Flow
-2.7M
Revenue & Profitability Trend
Methode Electronics Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.1B | 1.2B | 1.2B | 1.1B | 1.0B |
| Cost of Goods Sold | 935.7M | 915.5M | 898.7M | 813.9M | 741.0M |
| Gross Profit | 178.8M | 264.1M | 264.9M | 274.1M | 282.9M |
| Operating Expenses | 160.9M | 154.9M | 134.1M | 126.9M | 116.8M |
| Operating Income | -6.1M | 90.4M | 111.7M | 127.9M | 147.1M |
| Pre-tax Income | -128.1M | 90.1M | 118.5M | 134.9M | 148.7M |
| Income Tax | -4.8M | 13.0M | 16.3M | 12.6M | 25.3M |
| Net Income | -123.3M | 77.1M | 102.2M | 122.3M | 123.4M |
| EPS (Diluted) | -$3.48 | $2.10 | $2.70 | $3.19 | $3.26 |
Income Statement Trend
Methode Electronics Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 637.7M | 664.4M | 629.0M | 674.0M | 565.6M |
| Non-Current Assets | 765.8M | 914.7M | 760.1M | 793.0M | 805.0M |
| Total Assets | 1.4B | 1.6B | 1.4B | 1.5B | 1.4B |
| Liabilities | |||||
| Current Liabilities | 231.4M | 228.0M | 188.6M | 222.7M | 143.8M |
| Non-Current Liabilities | 406.1M | 398.2M | 286.7M | 326.3M | 443.4M |
| Total Liabilities | 637.5M | 626.2M | 475.3M | 549.0M | 587.2M |
| Equity | |||||
| Total Shareholders Equity | 766.0M | 952.9M | 913.8M | 918.0M | 783.4M |
Balance Sheet Composition
Methode Electronics Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -123.3M | 77.1M | 102.2M | 122.3M | 123.4M |
| Operating Cash Flow | -65.7M | 156.9M | 94.5M | 160.0M | 168.1M |
| Investing Activities | |||||
| Capital Expenditures | -50.2M | -42.0M | -38.0M | -24.8M | -45.1M |
| Investing Cash Flow | -17.5M | -153.1M | -37.4M | -24.8M | -44.5M |
| Financing Activities | |||||
| Dividends Paid | -19.9M | -19.8M | -20.4M | -17.4M | -16.3M |
| Financing Cash Flow | -18.9M | 1.7M | -115.1M | -143.7M | 41.7M |
| Free Cash Flow | -2.7M | 90.8M | 60.8M | 154.9M | 95.5M |
Cash Flow Trend
Methode Electronics Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.37
Forward P/E
12.93
Price to Book
0.54
Price to Sales
0.35
PEG Ratio
12.93
Profitability Ratios
Profit Margin
-8.57%
Operating Margin
-0.92%
Return on Equity
-11.90%
Return on Assets
-0.29%
Financial Health
Current Ratio
2.84
Debt to Equity
51.10
Beta
0.97
Per Share Data
EPS (TTM)
-$2.59
Book Value per Share
$19.75
Revenue per Share
$30.24
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mei | 378.5M | 14.37 | 0.54 | -11.90% | -8.57% | 51.10 |
| Amphenol | 117.8B | 47.28 | 11.44 | 27.53% | 15.57% | 69.10 |
| TE Connectivity | 51.8B | 38.09 | 4.30 | 11.22% | 8.67% | 46.48 |
| Knowles | 1.6B | 67.22 | 2.11 | 2.68% | -43.86% | 27.76 |
| Benchmark | 1.4B | 27.76 | 1.31 | 4.84% | 2.03% | 36.22 |
| Rogers | 1.4B | 81.50 | 1.07 | 1.34% | 2.09% | 2.62 |
Financial data is updated regularly. All figures are in the company's reporting currency.