Methode Electronics

Methode Electronics is a leading developer of custom-engineered and application-specific products and solutions utilizing the latest technologies. From biometric identification utilizing the unique characteristics of human skin structure; to magnetic signature sensing of mechanical and electrical properties; to the revolutionary solid-state touch sensitive switches used in today's appliances and automobiles, Methode's extensive toolbox of technical solutions help our customers differentiate their products. Our regional design and customer support centers, coupled with manufacturing campuses in the Americas, Europe, and Asia allow Methode to bring a total business solution to customers worldwide. We leverage the talents of our 2,800 employees to serve a diversified group of customers in four market areas: User Interfaces, Sensor and Switches, Power and Data. Methode helps customers win in their end markets by providing an unmatched combination of customer focus, differentiated technology, problem solving and world -class manufacturing.
Company Growth (employees)
Chicago, US
Size (employees)
4,464 (est)+3%
Methode Electronics was founded in 1946 and is headquartered in Chicago, US

Methode Electronics Office Locations

Methode Electronics has an office in Chicago
Chicago, US (HQ)
7401 W Wilson Ave
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Methode Electronics Financials and Metrics

Methode Electronics Financials

Methode Electronics's revenue was reported to be $816.5 m in FY, 2017

Revenue (FY, 2017)

816.5 m

Revenue growth (FY, 2016 - FY, 2017), %


Gross profit (FY, 2017)

218.3 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

92.9 m

EBIT (FY, 2017)

110.8 m

Market capitalization (22-Dec-2017)

1.5 b

Cash (29-Jul-2017)

297.9 m


1.3 b
Methode Electronics's current market capitalization is $1.5 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017


772.8 m881.1 m809.1 m816.5 m

Revenue growth, %


Cost of goods sold

616.1 m662.3 m596.2 m598.2 m

Gross profit

156.7 m218.8 m212.9 m218.3 m
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2014Q1, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


190.9 m189.8 m229.7 m218.1 m203.3 m206 m208.4 m184.6 m191.9 m209.3 m195.6 m201.2 m

Cost of goods sold

149.5 m151.3 m169.5 m167.6 m149.7 m149.8 m157.5 m137 m137.8 m153.7 m142.2 m145.6 m

Gross profit

41.4 m38.5 m60.2 m50.5 m53.6 m56.2 m50.9 m47.6 m54.1 m55.6 m53.4 m55.6 m

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016FY, 2017


116.4 m168.1 m227.8 m294 m

Accounts Receivable

14.6 m


71.6 m70.9 m66.2 m57.9 m

Current Assets

381.7 m438.3 m496.2 m530.3 m
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2014Q1, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


87.8 m96.8 m144.2 m135.7 m167.9 m167.8 m186.6 m202.3 m249.3 m249.6 m268.8 m297.9 m

Accounts Receivable

147.5 m134.9 m172.4 m156.7 m159.7 m145.2 m165.2 m146.6 m155.8 m172 m153.8 m164.5 m


64.8 m

Current Assets

317.6 m325 m412.8 m385.5 m427.1 m415.1 m450.4 m453.7 m487.9 m497.1 m499.1 m546.9 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

96.2 m101 m84.6 m92.9 m

Depreciation and Amortization

1.8 m1.5 m2.4 m2.3 m

Accounts Receivable

(50 m)


(11 m)
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2014Q1, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

19.8 m14.6 m26 m21.4 m23.5 m27.1 m21.2 m17.2 m

Accounts Receivable

172.4 m156.7 m159.7 m145.2 m165.2 m146.6 m155.8 m172 m153.8 m

Accounts Payable

82.4 m79.5 m68 m74.3 m71.2 m64.3 m69.3 m75.9 m67.7 m
USDY, 2017


11.5 x


185.4 k

Financial Leverage

1.3 x
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Methode Electronics Operating Metrics

Methode Electronics's Backlog was reported to be $203.2 m in FY, 2017
FY, 2015FY, 2016Nov, 2016FY, 2017


$150 m$137.5 m$203.2 m

Patents Issued


Switches Produced Annually

40 m
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Methode Electronics Market Value History

Methode Electronics Revenue Breakdown

Methode Electronics Median Salaries

Source: 19 public H-1B filings from Methode Electronics

Methode Electronics's Web-traffic and Trends

Methode Electronics Online and Social Media Presence

Methode Electronics Company Life and Culture

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