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Methode Electronics, Inc.

Methode Electronics, Inc.

NYSE•MEI
CEO: Ms. Andrea Jean Barry
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 1982-10-20
Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The company supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The company also manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, commercial vehicles, data centers, industrial equipment, power conversion, military, telecommunications, and transportation markets. Further, it provides high-speed digital communication over copper media solutions for data center and broadband markets; and interface panel solutions for appliance market. Its solutions include copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
Contact Information
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, 60631-3518, United States
708-867-6777
www.methode.com
Market Cap
$250.71M
P/E (TTM)
-4.0
43
Dividend Yield
5.6%
52W High
$13.51
52W Low
$5.08
52W Range
24%
Rank40Top 31.7%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q2 2026 Data

Revenue

$246.90M-15.62%
4-Quarter Trend

EPS

-$0.28+520.84%
4-Quarter Trend

FCF

-$11.60M-80.14%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Operating Cash Flow Rebounds Net cash provided by operations reached $17.7M for six months, reversing $37.1M used previously.
Industrial Segment Income Growth Industrial segment operating income increased 35.4% to $55.8M for the six months ended November 1, 2025.
Gross Margin Stability Maintained Gross profit margin held steady at 18.7% for six months, compared to 18.6% last year.
Credit Facility Commitment Reduced Revolving credit facility commitment reduced from $500M to $400M via Third Amendment in July 2025.

Risk Factors

Automotive Sales Volume Drop Automotive segment net sales fell 22.7% (ex-FX) over six months due to lower sales volumes.
Net Loss Slightly Increased Six-month net loss widened to ($20.2M) compared to ($19.9M) in the prior comparable period.
Covenant Breach Acknowledged Non-compliance with restricted payments covenant occurred in Q3 2025, resolved by Waiver Letter.
Ongoing Litigation Exposure Stockholder actions and SEC investigation continue, posing uncertain costs and potential liabilities requiring resources.

Outlook

Liquidity Sufficient Next Year Liquidity position expected sufficient to fund operations and commitments for at least next twelve months.
Share Buyback Authorization Intact $200.0M share buyback authorization remains fully available for purchases through June 17, 2026, no purchases made.
Tax Disclosure Updates Planned Company plans to adopt ASU 2023-09 regarding income tax disclosures in fiscal 2026 10-K.
Interest Rate Swap Management Interest rate swaps manage variable rate exposure; cash flow hedge effectiveness assessed quarterly for immaterial ineffectiveness.

Peer Comparison

Revenue (TTM)

Unisys CorporationUIS
$1.92B
-4.9%
Methode Electronics, Inc.MEI
$984.40M
-9.5%
8x8, Inc.EGHT
$718.65M
-0.1%

Gross Margin (Latest Quarter)

8x8, Inc.EGHT
64.8%
-3.2pp
Stem, Inc.STEM
35.5%
+14.4pp
A2Z Cust2Mate Solutions Corp.AZ
34.0%
-2.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
OCFT$8.60B-3.0-25.5%0.6%
FRGE$611.43M-8.9-31.9%5.5%
SMRT$378.16M-5.2-26.7%1.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.0%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Mar 3, 2026
|
EPS:-
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q2 2026

    Period End: Nov 1, 2025|Filed: Dec 3, 2025|
    Revenue: $246.90M-15.6%
    |
    EPS: $-0.28+520.8%
    Miss
  • Form 10-Q - Q1 2026

    Period End: Aug 2, 2025|Filed: Sep 9, 2025|
    Revenue: $240.50M-7.0%
    |
    EPS: $-0.29-44.2%
    Beat
  • Form 10-K - FY 2025

    Period End: May 3, 2025|Filed: Jul 9, 2025|
    Revenue: $1.05B-6.0%
    |
    EPS: $-1.76+49.4%
    Miss
  • Form 10-Q - Q3 2025

    Period End: Feb 1, 2025|Filed: Mar 5, 2025|
    Revenue: $239.90M-7.6%
    |
    EPS: $-0.41+24.2%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Nov 2, 2024|Filed: Dec 5, 2024|
    Revenue: $292.60M+1.6%
    |
    EPS: $-0.05-97.1%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Jul 27, 2024|Filed: Sep 5, 2024|
    Revenue: $258.50M-10.8%
    |
    EPS: $-0.52-2163.5%
    Miss
  • Form 10-K - FY 2024

    Period End: Apr 27, 2024|Filed: Jul 11, 2024|
    Revenue: $1.11B-5.5%
    |
    EPS: $-3.48-262.6%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Jan 27, 2024|Filed: Mar 7, 2024|
    Revenue: $259.50M-7.4%
    |
    EPS: $-0.33-158.9%
    Miss