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Methode Electronics

Stock Price

$10.2

2024-06-21

Market Capitalization

$361.7 M

2024-06-21

Revenue

$1.2 B

FY, 2023

Methode Electronics Summary

Company Summary

Overview
Methode Electronics is a company that designs, engineers, and produces mechatronic products for OEMs utilizing a range of technologies for user interface, LED lighting system, power distribution, and sensor applications. The company operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment offers electronic and electro-mechanical devices and related products to automobile OEMs. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, etc. The Interface segment provides a variety of copper based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets. The Medical segment develops a technology for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures.
Type
Public
Status
Active
Founded
1946
HQ
Chicago, IL, US | view all locations
Website
https://methode.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Donald W. Duda

    Donald W. Duda, Director, President & CEO

    • Ronald L.G. Tsoumas

      Ronald L.G. Tsoumas, Chief Financial Officer

    • Andrea Barry

      Andrea Barry, Chief Administrative Officer

    • Robert Cherry

      Robert Cherry, Vice President, Investor Relations

    Operating MetricsView all

    Facilities

    37
    15.6%

    FY, 2023

    Business Areas

    4

    FY, 2023

    LocationsView all

    22 locations detected

    • Chicago, IL HQ

      United States

      8750 W Bryn Mawr Ave #1000

    • Rolling Meadows, IL

      United States

      1700 Hicks Rd

    • San Jose, CA

      United States

      2025 Gateway Pl suite 235

    • Southfield, MI

      United States

      25650 W Eleven Mile Rd #100

    • Oklahoma City, OK

      United States

    • Lontzen, Wallonia

      Belgium

    and 16 others

    Methode Electronics Financials

    Summary Financials

    Revenue (Q3, 2024)
    $259.5M
    Gross profit (Q3, 2024)
    $37.0M
    Net income (Q3, 2024)
    ($11.6M)
    Cash (Q3, 2024)
    $122.9M
    EBIT (Q3, 2024)
    ($3.0M)
    Enterprise value
    $596.4M

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