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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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to April
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 36.05 | 20.99 | 22.64 | 21.76 | 37.25 | 33.91 | 20.46 | 8.54 | 5.08 | 4.88 |
Analyst estimates 2027–2029 Powerpack |
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| High | 48.44 | 45.45 | 41.70 | 39.58 | 50.20 | 50.39 | 51.38 | 22.74 | 13.31 | 20.38 | |||||
| People | |||||||||||||||
| People | Employees | 4,464 | 5,056 | 6,187 | 6,044 | 7,200 | 7,000 | 6,700 | 7,500 | 6,500 | 6,650 | ||||
| Revenue/emp, $m | 0.18 | 0.18 | 0.16 | 0.17 | 0.15 | 0.17 | 0.18 | 0.15 | 0.16 | 0.15 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 817 | 908 | 1,000 | 1,024 | 1,088 | 1,164 | 1,180 | 1,115 | 1,048 | 1,019 | ||||
| Gross margin, % | 26.74 | 26.38 | 26.57 | 27.63 | 25.19 | 22.77 | 22.39 | 16.04 | 15.59 | 19.84 | |||||
| EBT | 116 | 124 | 104 | 149 | 135 | 119 | 90 | (128) | (50) | (11) | |||||
| EBT margin, % | 14.19 | 13.63 | 10.36 | 14.52 | 12.40 | 10.18 | 7.64 | (11.49) | (4.78) | (1.05) | |||||
| Net income | 93 | 57 | 92 | 123 | 122 | 102 | 77 | (123) | (63) | (36) | |||||
| Depreciation | 24 | 28 | 44 | 49 | 52 | 53 | 50 | 165 | 60 | 60 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 21.90 | 24.36 | 26.74 | 27.25 | 28.60 | 31.25 | 32.75 | 31.42 | 29.67 | 28.69 | ||||
| Earnings | 2.49 | 1.54 | 2.45 | 3.28 | 3.22 | 2.74 | 2.14 | (3.48) | (1.77) | (1.01) | |||||
| Cash flow | 3.89 | 3.16 | 2.73 | 3.74 | 4.73 | 2.65 | 3.69 | 1.34 | 0.75 | 1.07 | |||||
| Capex | (0.60) | (1.30) | (1.33) | (1.20) | (0.65) | (1.00) | (1.07) | (0.81) | (1.02) | (0.05) | |||||
| Free cash flow | 3.29 | 1.86 | 1.40 | 2.54 | 4.07 | 1.65 | 2.62 | 0.52 | (0.27) | 1.02 | |||||
| Book value | 14.51 | 16.90 | 18.44 | 20.85 | 24.13 | 24.54 | 26.15 | 21.60 | 19.62 | 19.07 | |||||
| Shares, m | 37 | 37 | 37 | 38 | 38 | 37 | 36 | 35 | 35 | 36 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 17.93 | 25.91 | 12.04 | 9.15 | 13.95 | 16.14 | 19.26 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 2.04 | 1.64 | 1.10 | 1.10 | 1.57 | 1.42 | 1.26 | 0.39 | 0.21 | 0.28 | |||||
| P/B | 3.08 | 2.36 | 1.60 | 1.44 | 1.86 | 1.80 | 1.58 | 0.56 | 0.32 | 0.42 | |||||
| EV/Sales | 1.71 | 1.43 | 1.31 | 1.23 | 1.58 | 1.45 | 1.39 | 0.54 | 0.42 | 0.46 | |||||
| EV/FCF | 11.38 | 18.53 | 25.16 | 13.22 | 11.07 | 27.44 | 17.33 | 32.35 | (45.37) | 13.03 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 145 | 118 | 102 | 141 | 180 | 99 | 133 | 48 | 26 | 38 | ||||
| Capex | (22) | (48) | (50) | (45) | (25) | (37) | (38) | (29) | (36) | (2) | |||||
| Free cash flow | 123 | 69 | 52 | 96 | 155 | 61 | 94 | 19 | (10) | 36 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 406 | 393 | 273 | 422 | 451 | 440 | 436 | 406 | 327 | 347 | ||||
| Total debt | 27 | 58 | 293 | 352 | 240 | 211 | 307 | 331 | 318 | 325 | |||||
| Net debt | (267) | (188) | 209 | 135 | 7 | 39 | 150 | 169 | 214 | 185 | |||||
| Shareholders’ equity | 541 | 630 | 690 | 783 | 918 | 914 | 942 | 766 | 693 | 678 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 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 | |||||
| ROE | 18.37 | 9.77 | 13.88 | 16.75 | 14.38 | 11.16 | 8.31 | (14.44) | (8.58) | (5.21) | |||||
Negative figures in brackets.
Fiscal years to Apr 2026 · latest quarter Jul 2026
Charts ten years each
Methode Electronics, Inc. vs peers in Electronic Components (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CTS CTS Corporation | $1.6B | 22.7× | 26.1× | +7.00% (above 0%: growing) | +8.06% (above 0%: growing) | +15.11% (above 0%: growing) | 41.48% | 18.51% | Compare |
| DAKT Daktronics, Inc. | $878.7M | 18.4× | 16.2× | +7.12% (above 0%: growing) | +17.65% (above 0%: growing) | +24.97% (above 0%: growing) | 30.52% | 10.63% | Compare |
| LYTS LSI Industries Inc. | $754.7M | 28.6× | 20.2× | +51.30% (above 0%: growing) | −29.63% (below 0%: shrinking) | +14.69% (above 0%: growing) | 24.47% | 6.18% | Compare |
| KOPN Kopin Corporation | $707.2M | 74.1× | — (loss-making) | +50.62% (above 0%: growing) | n/m | −66.44% (below 0%: shrinking) | 48.27% | (27.51%) | Compare |
| LPTH LightPath Technologies, Inc. | $574.3M | — (loss-making) | — (loss-making) | +73.32% (above 0%: growing) | n/m | −171.87% (below 0%: shrinking) | 39.44% | (20.31%) | Compare |
| MEI Methode Electronics, Inc. | $510.1M | — (loss-making) | — (loss-making) | +10.35% (above 0%: growing) | n/m | −156.48% (below 0%: shrinking) | 17.97% | (1.47%) | |
| MPTI M-tron Industries, Inc. | $293.3M | 22.6× | 37.4× | +13.76% (above 0%: growing) | −16.36% (below 0%: shrinking) | +35.44% (above 0%: growing) | 41.21% | 11.38% | Compare |
| RELL Richardson Electronics, Ltd. | $282.3M | 30.7× | 41.5× | +18.89% (above 0%: growing) | +112.38% (above 0%: growing) | +1,121.05% (above 0%: growing) | 34.64% | 7.88% | Compare |
| OPTX Syntec Optics Holdings, Inc. | $279.1M | — (loss-making) | — | +26.14% (above 0%: growing) | n/m | −96.13% (below 0%: shrinking) | 25.90% | 3.88% | Compare |
| Median of peers | $640.8M | 25.6× | 26.1× | +22.52% | +8.06% | +14.90% | 37.04% | 7.03% |
Methode Electronics, Inc. (MEI) key facts
- Concern: Methode Electronics, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $1.0 billion, down 2.76% from fiscal 2025.
- Concern: Methode Electronics, Inc. reported a net loss of $35.7 million, or a loss of $1.01 per share, for fiscal 2026.
- Methode Electronics, Inc. (MEI) is an Electronic Components company in the Technology sector, listed on the New York Stock Exchange.
- As of October 16, 2026, MEI traded at $13.33, a market capitalization of $510.1 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.5× sales.
- Methode Electronics, Inc. pays an annual dividend of $0.25 per share, a yield of 1.88%.
- Return on equity was −5.21% and debt-to-equity 0.47.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.91 (grey zone) for fiscal 2026.