Saturday 17 October 2026
Export MEI’s income statement to Excel — free account
Methode Electronics, Inc.
MEI Technology Electronic Components
Methode Electronics, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $1.0 billion, down 2.76% from fiscal 2025. In the quarter to July 2026, revenue grew 10.4%, EPS fell 10.3%, free cash flow fell 156.5% and total debt fell 3.99%, each against the same quarter a year earlier.
13.33
0.98
−6.85%
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| Apr '17 | Apr '18 | Apr '19 | Apr '20 | Apr '21 | Apr '22 | Apr '23 | Apr '24 | Apr '25 | Apr '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
8 | 4 | 5 | 6 | 4 | 6 | 4 | 3 | 5 | 5 |
P/E ratio |
17.93 | 25.91 | 12.04 | 9.15 | 13.95 | 16.14 | 19.26 | 0.00 | 0.00 | 0.00 |
P/S ratio |
2.04 | 1.64 | 1.10 | 1.10 | 1.57 | 1.42 | 1.26 | 0.39 | 0.21 | 0.28 |
Altman Z-Score |
9.34 | 5.78 | 3.21 | 3.29 | 3.98 | 4.35 | 3.34 | 1.90 | 1.82 | 1.91 |
P/FCF ratio |
13.56 | 21.22 | 21.15 | 11.81 | 11.03 | 26.82 | 15.74 | 23.25 | 0.00 | 7.89 |
Altman Z″-Score (non-manufacturers) |
10.30 | 7.68 | 4.81 | 5.69 | 6.02 | 6.43 | 5.34 | 4.05 | 4.02 | 4.11 |
Beneish M-Score |
(2.77) | (2.19) | (2.19) | (2.67) | (2.21) | (2.42) | (2.53) | (3.20) | (2.76) | (2.85) |
P/Operating CF |
43.24 | 48.45 | 29.28 | 19.45 | 47.47 | 39.20 | 30.30 | 17.36 | 6.26 | 58.14 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 31 |
P/B ratio |
3.08 | 2.36 | 1.60 | 1.44 | 1.86 | 1.80 | 1.58 | 0.56 | 0.32 | 0.42 |
Price to Tangible BV |
3.12 | 2.92 | 5.76 | 3.67 | 3.77 | 3.48 | 3.87 | 1.27 | 0.79 | 1.00 |
EV/Sales |
1.71 | 1.43 | 1.31 | 1.23 | 1.58 | 1.45 | 1.39 | 0.54 | 0.42 | 0.46 |
EV/EBITDA |
10.35 | 8.87 | 8.72 | 6.44 | 9.53 | 10.21 | 11.62 | 11.44 | 12.20 | 6.80 |
EV/Operating CF |
9.63 | 11.03 | 12.87 | 8.98 | 9.54 | 17.05 | 12.31 | 12.67 | 16.50 | 12.38 |
EV/FCF |
11.38 | 18.53 | 25.16 | 13.22 | 11.07 | 27.44 | 17.33 | 32.35 | (45.37) | 13.03 |
Quick Ratio |
3.69 | 2.87 | 1.75 | 2.91 | 2.37 | 2.41 | 2.12 | 1.85 | 1.50 | 1.58 |
Current Ratio |
4.26 | 3.50 | 2.51 | 3.93 | 3.03 | 3.34 | 2.91 | 2.76 | 2.40 | 2.37 |
Net Debt/EBITDA |
(1.98) | (1.29) | 1.39 | 0.69 | 0.04 | 0.23 | 1.07 | 3.22 | 5.99 | 2.68 |
Debt/Assets |
3.84% | 6.31% | 23.76% | 25.69% | 16.37% | 15.15% | 19.43% | 23.58% | 24.32% | 24.88% |
Debt/Equity |
0.05 | 0.09 | 0.42 | 0.45 | 0.26 | 0.23 | 0.33 | 0.43 | 0.46 | 0.48 |
Asset Turnover |
1.20 | 1.12 | 0.93 | 0.79 | 0.77 | 0.81 | 0.79 | 0.75 | 0.77 | 0.78 |
Operating CF/Net income |
1.56 | 2.06 | 1.11 | 1.14 | 1.47 | 0.97 | 1.72 | (0.39) | (0.42) | (1.06) |
Capex/Depreciation |
(0.92) | (1.72) | (1.14) | (0.92) | (0.48) | (0.70) | (0.77) | (0.18) | (0.60) | (0.03) |
Interest Coverage |
— | 131.44 | 12.87 | 14.56 | 24.60 | 31.91 | 33.48 | (6.71) | (1.09) | 0.38 |
| 18.37% | 9.77% | 13.88% | 16.75% | 14.38% | 11.16% | 8.31% | (14.44%) | (8.58%) | (5.21%) | |
| 13.66% | 7.06% | 8.53% | 9.48% | 8.62% | 7.16% | 5.20% | (8.27%) | (4.62%) | (2.73%) | |
ROIC |
25.26% | 16.74% | 7.42% | 10.01% | 8.64% | 7.33% | 5.18% | (7.48%) | (1.65%) | 0.64% |
Return on Tangible Assets |
18.71% | 10.30% | 19.72% | 19.79% | 18.66% | 16.03% | 11.74% | (19.94%) | (11.42%) | (6.42%) |
Average Days of Receivables |
73.89 | 82.38 | 85.24 | 71.80 | 98.63 | 88.33 | 101.24 | 87.31 | 85.36 | 93.29 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
12.88% | 12.74% | 14.29% | 11.41% | 11.66% | 11.52% | 13.13% | 14.44% | 15.64% | 16.71% |
Intangible Assets out of Total Assets |
0.01 | 0.13 | 0.40 | 0.35 | 0.32 | 0.32 | 0.35 | 0.30 | 0.31 | 0.30 |
Share Based Compensation of Revenue |
1.52% | 0.44% | 1.40% | 0.03% | 0.63% | 1.01% | 0.97% | 0.32% | 0.71% | 0.83% |
Graham Net Nets |
0.22 | 0.18 | (0.08) | (0.02) | 0.07 | 0.09 | 0.02 | 0.00 | (0.24) | (0.10) |
Graham Number |
28.52 | 24.20 | 31.88 | 39.23 | 41.81 | 38.90 | 35.48 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
5.58% | 3.86% | 8.30% | 10.93% | 7.17% | 6.20% | 5.19% | (28.55%) | (28.39%) | (12.59%) |
Free Cash Flow Yield |
7.38% | 4.71% | 4.73% | 8.47% | 9.07% | 3.73% | 6.35% | 4.30% | (4.33%) | 12.67% |
Revenue per Share |
21.90 | 24.36 | 26.74 | 27.25 | 28.60 | 31.25 | 32.75 | 31.42 | 29.67 | 28.69 |
Operating CF per Share |
3.89 | 3.16 | 2.73 | 3.74 | 4.73 | 2.65 | 3.69 | 1.34 | 0.75 | 1.07 |
Capex per Share |
(0.60) | (1.30) | (1.33) | (1.20) | (0.65) | (1.00) | (1.07) | (0.81) | (1.02) | (0.05) |
Free Cash Flow per Share |
3.29 | 1.86 | 1.40 | 2.54 | 4.07 | 1.65 | 2.62 | 0.52 | (0.27) | 1.02 |
Cash per Share |
7.89 | 6.60 | 2.22 | 5.78 | 6.13 | 4.62 | 4.36 | 4.55 | 2.93 | 3.93 |
Shareholders Equity per Share |
14.51 | 16.90 | 18.44 | 20.85 | 24.13 | 24.54 | 26.15 | 21.60 | 19.62 | 19.07 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
14.51 | 16.90 | 18.44 | 20.85 | 24.13 | 24.54 | 26.15 | 21.60 | 19.62 | 19.07 |
Free Cash Flow |
122.80 | 69.40 | 52.20 | 95.50 | 155.00 | 61.40 | 94.30 | 18.60 | (9.60) | 36.10 |
Working Capital |
405.90 | 393.00 | 272.60 | 421.80 | 451.30 | 440.40 | 436.40 | 406.30 | 326.70 | 346.50 |
Capital Expenditures |
(22.40) | (48.40) | (49.80) | (45.10) | (24.80) | (37.40) | (38.50) | (28.90) | (36.00) | (1.90) |
Net Current Asset Value |
367.40 | 264.10 | (88.50) | (21.60) | 125.00 | 153.70 | 27.10 | 0.20 | (52.60) | (28.60) |
EV/EBIT |
12.61 | 10.98 | 12.30 | 8.58 | 13.42 | 15.08 | 18.08 | 0.00 | 0.00 | 53.44 |
Capex to Sales |
0.03 | 0.05 | 0.05 | 0.04 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 |
Price to Operating Income |
15.02 | 12.57 | 10.34 | 7.67 | 13.36 | 14.74 | 16.42 | 0.00 | 0.00 | 32.37 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.27 | 0.17 | 0.23 | 0.24 | 0.26 | 0.27 | 0.23 | 0.78 | 0.27 | 0.29 |
Cash ROIC |
14.24% | 7.43% | 4.90% | 7.06% | 11.14% | 4.74% | 6.71% | 1.48% | (0.86%) | 3.16% |
Accounts Receivable Turnover |
4.79 | 4.91 | 4.56 | 4.71 | 4.39 | 4.04 | 3.88 | 3.75 | 4.10 | 4.03 |
Accounts Payable Turnover |
8.34 | 8.12 | 8.10 | 8.94 | 8.28 | 7.77 | 7.41 | 6.90 | 6.85 | 6.28 |
Inventory Turnover |
9.64 | 9.42 | 7.32 | 5.98 | 6.38 | 6.36 | 5.75 | 5.41 | 4.65 | 4.38 |
Average Days of Payables |
45.95 | 48.85 | 45.67 | 36.35 | 55.12 | 44.07 | 55.30 | 51.65 | 51.94 | 59.91 |
Days of Inventory on Hand |
35.33 | 45.90 | 57.99 | 64.53 | 55.70 | 64.37 | 63.67 | 72.63 | 80.08 | 79.84 |
Average Receivables |
170.40 | 185.15 | 219.30 | 217.50 | 247.70 | 287.80 | 304.40 | 296.90 | 255.85 | 252.80 |
Average Payables |
71.75 | 82.40 | 90.70 | 82.85 | 98.35 | 115.70 | 123.60 | 135.55 | 129.15 | 130.00 |
Average Inventory |
62.05 | 71.00 | 100.40 | 123.85 | 127.60 | 141.35 | 159.10 | 172.95 | 190.15 | 186.40 |
Average Assets |
679.95 | 809.95 | 1,073.80 | 1,301.15 | 1,418.80 | 1,428.05 | 1,484.10 | 1,491.30 | 1,354.65 | 1,305.95 |
Average Common Equity |
505.60 | 585.55 | 659.85 | 736.55 | 850.70 | 915.90 | 927.80 | 853.90 | 729.65 | 685.40 |
Columns are period end dates