Methode Electronics market cap is $1.2 b, and annual revenue was $1 b in FY 2019

Methode Electronics Gross profit (Q3, 2020)79.3 M

Methode Electronics Gross profit margin (Q3, 2020), %27.7%

Methode Electronics Net income (Q3, 2020)41.2 M

Methode Electronics EBIT (Q3, 2020)41.5 M

Methode Electronics Cash, 01-Feb-202079.9 M

Methode Electronics EV1.4 B

Methode Electronics revenue was $1 b in FY, 2019

Methode Electronics revenue breakdown by business segment: 80.3% from Automotive, 12.8% from Interface, 7.0% from Power Products and 0.0% from Other

Methode Electronics revenue breakdown by geographic segment: 53.7% from U.S., 12.9% from China, 20.3% from Malta, 6.0% from Canada and 7.2% from Other

USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|

## Revenue | 465.1m | 519.8m | 772.8m | 881.1m | 809.1m | 816.5m | 908.3m | 1.0b |

| 14% | (8%) | 1% | 11% | ||||

## Cost of goods sold | 382.0m | 428.2m | 616.1m | 662.3m | 596.2m | 598.2m | 668.7m | 734.5m |

## Gross profit | 83.1m | 91.6m | 156.7m | 218.8m | 212.9m | 218.3m | 239.6m | 265.8m |

| 18% | 18% | 20% | 25% | 26% | 27% | 26% | 27% |

## R&D expense | 23.7m | |||||||

## General and administrative expense | 69.9m | 66.3m | 100.8m | 105.2m | 115.7m | 142.9m | ||

## Operating expense total | 71.8m | 52.5m | 103.2m | 107.5m | 121.3m | 159.0m | ||

## Depreciation and amortization | 1.8m | |||||||

## EBIT | 11.4m | 39.2m | 73.6m | 112.2m | 109.7m | 110.8m | 118.3m | 106.8m |

| 2% | 8% | 10% | 13% | 14% | 14% | 13% | 11% |

## Interest expense | 272.0k | 1.3m | 900.0k | |||||

## Interest income | 700.0k | 400.0k | ||||||

## Pre tax profit | 11.4m | 38.0m | 75.9m | 110.9m | 115.9m | 123.8m | 103.6m | |

## Income tax expense | 3.2m | (2.5m) | (20.3m) | 19.8m | 26.3m | 23.0m | 66.6m | 12.0m |

## Net Income | 8.4m | 40.7m | 96.2m | 101.0m | 84.6m | 92.9m | 57.2m | 91.6m |

- Source: SEC Filings

USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q2, 2014 | Q1, 2014 | Q1, 2015 | Q3, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 110.8m | 115.9m | 112.0m | 118.7m | 129.8m | 123.0m | 167.3m | 190.9m | 189.8m | 229.7m | 218.1m | 203.3m | 206.0m | 208.4m | 184.6m | 191.9m | 209.3m | 195.6m | 201.2m | 230.1m | 223.4m | 264.0m | 246.9m | 270.2m | 257.2m | 285.9m |

## Cost of goods sold | 90.8m | 95.0m | 92.7m | 97.3m | 107.5m | 102.9m | 133.3m | 149.5m | 151.3m | 169.5m | 167.6m | 149.7m | 149.8m | 157.5m | 137.0m | 137.8m | 153.7m | 142.2m | 145.6m | 168.1m | 163.3m | 193.2m | 182.6m | 194.4m | 188.6m | 206.6m |

## Gross profit | 20.0m | 20.9m | 19.3m | 21.5m | 22.3m | 20.0m | 34.0m | 41.4m | 38.5m | 60.2m | 50.5m | 53.6m | 56.2m | 50.9m | 47.6m | 54.1m | 55.6m | 53.4m | 55.6m | 62.0m | 60.1m | 70.8m | 64.3m | 75.8m | 68.6m | 79.3m |

| 18% | 18% | 17% | 18% | 17% | 16% | 20% | 22% | 20% | 26% | 23% | 26% | 27% | 24% | 26% | 28% | 27% | 27% | 28% | 27% | 27% | 27% | 26% | 28% | 27% | 28% |

## General and administrative expense | 18.6m | 18.3m | 16.8m | 17.3m | 15.2m | 15.8m | 18.9m | 19.6m | 22.1m | 25.4m | 22.2m | 23.2m | 21.5m | 24.5m | 26.1m | 27.4m | 26.5m | 24.3m | 29.6m | 31.2m | 29.5m | 48.0m | 32.4m | |||

## Operating expense total | 18.6m | 18.3m | 16.8m | 17.3m | (4.8m) | 15.8m | 18.9m | 19.6m | 22.1m | 25.4m | 22.2m | 23.2m | 21.5m | 24.5m | 26.1m | 27.4m | 26.5m | 24.3m | 29.6m | 32.3m | 31.4m | 51.7m | 38.3m | 37.2m | 37.9m | 37.8m |

## Depreciation and amortization | 1.1m | 1.9m | 3.7m | 5.5m | 4.8m | 4.7m | 4.8m | |||||||||||||||||||

## EBIT | 1.4m | 2.6m | 2.4m | 4.2m | 27.1m | 4.3m | 15.1m | 21.7m | 16.4m | 34.8m | 28.3m | 30.4m | 34.7m | 26.4m | 21.5m | 26.7m | 29.1m | 29.1m | 25.4m | 29.7m | 28.7m | 19.1m | 26.0m | 38.6m | 30.7m | 41.5m |

| 1% | 2% | 2% | 4% | 21% | 3% | 9% | 11% | 9% | 15% | 13% | 15% | 17% | 13% | 12% | 14% | 14% | 15% | 13% | 13% | 13% | 7% | 11% | 14% | 12% | 15% |

## Interest expense | 43.0k | 194.0k | 615.0k | 117.0k | 88.0k | 2.9m | ||||||||||||||||||||

## Pre tax profit | 1.5m | 2.4m | 2.0m | 4.3m | 26.5m | 4.1m | 14.9m | 21.2m | 16.0m | 34.7m | 28.4m | 30.9m | 35.2m | 26.9m | 22.7m | 26.7m | 31.1m | 30.3m | 24.8m | 29.1m | 28.2m | 17.6m | 27.7m | 35.6m | ||

## Income tax expense | 22.0k | 2.2m | 1.2m | 430.0k | 3.2m | 855.0k | 1.3m | 1.4m | 1.4m | 8.7m | 7.0m | 7.4m | 8.1m | 5.7m | 5.5m | 5.5m | 6.2m | 6.6m | 4.3m | 4.9m | 4.5m | 3.0m | (3.0m) | 7.3m | 5.2m | 2.8m |

## Net Income | 1.5m | 311.0k | 809.0k | 3.9m | 23.4m | 3.3m | 13.6m | 19.8m | 14.6m | 26.0m | 21.4m | 23.5m | 27.1m | 21.2m | 17.2m | 20.5m | 24.2m | 23.7m | 14.6m | 30.7m | 28.3m | 23.8m | 41.2m |

- Source: SEC Filings

USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|

## Cash | 86.8m | 65.8m | 116.4m | 168.1m | 227.8m | 294.0m | 246.1m | 83.2m |

## Accounts Receivable | 98.4m | 119.8m | 165.3m | 202.6m | 219.3m | |||

## Prepaid Expenses | 12.5m | 14.8m | 20.0m | |||||

## Inventories | 43.6m | 59.9m | 71.6m | 70.9m | 66.2m | 57.9m | 84.1m | 116.7m |

## Current Assets | 240.4m | 258.7m | 381.7m | 438.3m | 496.2m | 530.3m | 550.0m | 453.5m |

## PP&E | 77.2m | 98.4m | 101.2m | 93.3m | 93.0m | 90.6m | 162.2m | 191.9m |

## Goodwill | 16.4m | 12.9m | 13.0m | 1.7m | 1.7m | 1.6m | 59.2m | 233.3m |

## Total Assets | 403.6m | 434.9m | 575.5m | 605.8m | 655.9m | 704.0m | 915.9m | 1.2b |

## Accounts Payable | 54.8m | 61.5m | 82.0m | 70.1m | 68.2m | 75.3m | 89.5m | 91.9m |

## Short-term debt | 26.0m | 4.4m | 29.6m | |||||

## Current Liabilities | 91.9m | 90.5m | 119.1m | 130.6m | 117.9m | 124.4m | 157.0m | 180.9m |

## Long-term debt | 48.0m | 43.5m | 48.0m | 5.0m | 57.0m | 27.0m | 53.4m | 276.9m |

## Non-Current Liabilities | 361.1m | |||||||

## Total Debt | 48.0m | 69.5m | 48.0m | 5.0m | 57.0m | 27.0m | 57.8m | 306.5m |

## Total Liabilities | 542.0m | |||||||

## Common Stock | 19.2m | 19.2m | 19.1m | 19.1m | 19.2m | |||

## Additional Paid-in Capital | 77.7m | 81.5m | 89.8m | 102.2m | 112.3m | 132.2m | 136.5m | 150.4m |

## Retained Earnings | 154.0m | 184.4m | 269.2m | 356.5m | 358.6m | 427.0m | 472.0m | 545.2m |

## Total Equity | 255.2m | 289.6m | 392.2m | 459.0m | 470.1m | 541.1m | 630.0m | 689.7m |

## Debt to Equity Ratio | 0.1 x | 0 x | 0.1 x | 0 x | 0.1 x | |||

## Debt to Assets Ratio | 0.1 x | 0 x | 0.1 x | 0 x | 0.1 x | |||

## Financial Leverage | 1.6 x | 1.5 x | 1.5 x | 1.3 x | 1.4 x | 1.3 x | 1.5 x | 1.8 x |

- Source: SEC Filings

USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q2, 2014 | Q1, 2014 | Q1, 2015 | Q3, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 84.4m | 75.5m | 76.8m | 85.1m | 77.0m | 73.4m | 73.4m | 87.8m | 96.8m | 144.2m | 135.7m | 167.9m | 167.8m | 186.6m | 202.3m | 249.3m | 249.6m | 268.8m | 297.9m | 258.6m | 304.0m | 228.5m | 110.9m | 73.7m | 73.8m | 95.6m | 79.9m |

## Accounts Receivable | 84.0m | 96.1m | 86.1m | 94.7m | 107.9m | 94.4m | 135.6m | 147.5m | 134.9m | 172.4m | 156.7m | 159.7m | 145.2m | 165.2m | 146.6m | 155.8m | 172.0m | 153.8m | 164.5m | 215.4m | 181.1m | 229.8m | 211.5m | 233.1m | 205.3m | 227.9m | |

## Prepaid Expenses | 15.9m | 15.9m | 21.7m | 22.5m | 18.7m | 20.3m | |||||||||||||||||||||

## Inventories | 40.4m | 40.6m | 44.0m | 47.4m | 50.8m | 53.8m | 69.0m | 64.8m | 78.4m | 88.5m | 118.3m | 124.0m | 126.1m | ||||||||||||||

## Current Assets | 222.7m | 225.9m | 219.8m | 240.2m | 248.7m | 233.5m | 292.2m | 317.6m | 325.0m | 412.8m | 385.5m | 427.1m | 415.1m | 450.4m | 453.7m | 487.9m | 497.1m | 499.1m | 546.9m | 568.9m | 523.9m | 491.1m | 446.4m | 461.3m | 465.4m | 463.9m | |

## PP&E | 61.9m | 67.0m | 69.2m | 81.4m | 89.9m | 93.4m | 100.3m | 117.4m | 126.9m | 165.3m | 187.9m | 189.1m | 196.4m | 198.1m | 497.9m | ||||||||||||

## Goodwill | 16.4m | 16.4m | 16.4m | 16.4m | 17.2m | 17.3m | 12.9m | 13.0m | 12.9m | 12.9m | 12.9m | 1.6m | 12.8m | 1.6m | 1.6m | 1.7m | 1.6m | 1.6m | 18.0m | 66.8m | 58.8m | 233.9m | 236.8m | 233.6m | 233.2m | ||

## Total Assets | 361.2m | 370.2m | 368.0m | 405.5m | 422.4m | 411.1m | 473.9m | 502.5m | 507.2m | 593.5m | 575.7m | 587.8m | 587.6m | 609.9m | 612.6m | 656.1m | 666.5m | 667.0m | 783.4m | 898.3m | 892.8m | 1.3b | 1.2b | 1.3b | 1.3b | 1.3b | |

## Accounts Payable | 37.8m | 40.7m | 41.7m | 54.0m | 56.7m | 46.5m | 76.2m | 78.4m | 70.9m | 82.4m | 79.5m | 68.0m | 74.3m | 71.2m | 64.3m | 69.3m | 75.9m | 67.7m | 81.2m | 99.3m | 79.0m | 105.6m | 88.6m | 90.7m | 97.1m | 88.8m | |

## Short-term debt | 25.0m | 24.9m | 25.4m | 26.4m | 2.3m | 3.9m | 15.3m | 15.2m | 15.4m | 15.2m | 15.1m | ||||||||||||||||

## Current Liabilities | 64.8m | 66.6m | 68.7m | 89.8m | 89.6m | 78.9m | 103.3m | 106.6m | 98.9m | 130.0m | 119.0m | 104.0m | 125.2m | 111.5m | 109.3m | 105.2m | 113.9m | 111.2m | 126.5m | 152.3m | 136.8m | 192.2m | 176.4m | 180.8m | 184.3m | 163.6m | |

## Long-term debt | 27.0m | 36.5m | 39.5m | 56.5m | 46.0m | 40.0m | 52.5m | 51.5m | 50.0m | 30.0m | 38.0m | 2.0m | 20.0m | 22.0m | 55.0m | 54.0m | 49.0m | 37.0m | 47.6m | 105.5m | 116.0m | 49.2m | 342.3m | 287.7m | 288.3m | 22.8m | 263.8m |

## Non-Current Liabilities | 373.8m | 365.8m | 345.8m | ||||||||||||||||||||||||

## Total Debt | 27.0m | 36.5m | 39.5m | 81.5m | 70.9m | 65.4m | 78.9m | 51.5m | 50.0m | 30.0m | 38.0m | 2.0m | 20.0m | 22.0m | 55.0m | 54.0m | 49.0m | 37.0m | 47.6m | 107.8m | 116.0m | 53.1m | 357.6m | 302.9m | 303.7m | 38.0m | 278.9m |

## Total Liabilities | 194.0m | 291.5m | 260.6m | 627.2m | 552.1m | 554.6m | 550.1m | 509.4m | |||||||||||||||||||

## Common Stock | 19.2m | 19.2m | 19.2m | 19.2m | 19.2m | 19.2m | 19.3m | 19.1m | 19.2m | 19.2m | 19.2m | 19.2m | 19.2m | 19.2m | |||||||||||||

## Additional Paid-in Capital | 74.0m | 75.6m | 76.7m | 78.6m | 79.4m | 80.1m | 83.7m | 85.6m | 88.7m | 95.7m | 92.8m | 106.2m | 96.9m | 108.7m | 111.5m | 117.1m | 121.2m | 125.2m | 136.3m | 139.4m | 138.5m | 147.3m | 148.2m | 152.9m | 154.4m | ||

## Retained Earnings | 154.9m | 152.6m | 150.8m | 155.3m | 176.1m | 176.8m | 195.4m | 212.6m | 224.5m | 309.7m | 287.1m | 376.5m | 333.3m | 364.1m | 341.6m | 376.2m | 387.2m | 407.2m | 446.6m | 467.4m | 490.0m | 500.0m | 526.7m | 568.9m | 588.5m | 625.6m | |

## Total Equity | 259.4m | 257.1m | 250.6m | 250.6m | 277.8m | 283.1m | 305.3m | 330.2m | 342.1m | 422.6m | 407.9m | 470.0m | 430.9m | 464.7m | 437.1m | 485.9m | 492.8m | 507.9m | 589.4m | 606.8m | 632.2m | 643.3m | 674.1m | 714.3m | 732.6m | 772.9m | |

## Debt to Equity Ratio | 0.2 x | 0.1 x | 0.1 x | 0.1 x | 0 x | 0 x | 0 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | |||||||||||||||

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0 x | 0 x | 0 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | |||||||||||||||

## Financial Leverage | 1.4 x | 1.4 x | 1.5 x | 1.6 x | 1.5 x | 1.5 x | 1.6 x | 1.5 x | 1.5 x | 1.4 x | 1.4 x | 1.3 x | 1.4 x | 1.3 x | 1.4 x | 1.4 x | 1.4 x | 1.3 x | 1.3 x | 1.5 x | 1.4 x | 2 x | 1.8 x | 1.8 x | 1.8 x | 1.7 x |

- Source: SEC Filings

USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|

## Net Income | 8.4m | 40.7m | 96.2m | 101.0m | 84.6m | 92.9m | 57.2m | 91.6m |

## Depreciation and Amortization | 14.3m | 18.8m | 1.8m | 1.5m | 23.9m | 24.3m | 28.1m | 43.3m |

## Accounts Receivable | (13.5m) | (21.2m) | (50.0m) | (6.0m) | 5.6m | 2.8m | 1.5m | |

## Inventories | (3.3m) | (16.1m) | (11.0m) | 4.5m | 7.4m | (7.2m) | (3.9m) | |

## Accounts Payable | 25.2m | 1.7m | 36.8m | (11.3m) | 11.1m | 39.8m | (23.1m) | |

## Cash From Operating Activities | 24.8m | 33.2m | 72.4m | 51.7m | 110.7m | 145.2m | 117.8m | 102.0m |

## Purchases of PP&E | (25.7m) | (38.6m) | (29.0m) | (23.2m) | (22.4m) | (47.7m) | (49.8m) | |

## Cash From Investing Activities | (32.1m) | (40.0m) | (22.9m) | (21.6m) | (21.7m) | (179.0m) | (470.8m) | |

## Short-term Borrowings | (4.0m) | (41.5m) | (120.5m) | |||||

## Long-term Borrowings | (19.0m) | (30.0m) | (79.4m) | |||||

## Dividends Paid | (10.4m) | (10.4m) | (13.5m) | (13.7m) | (14.7m) | (16.3m) | ||

## Cash From Financing Activities | 37.9m | (14.3m) | (1.4m) | (28.7m) | (47.0m) | (12.7m) | 217.4m | |

## Net Change in Cash | 29.4m | (21.0m) | 59.7m | 66.2m | (47.9m) | (162.9m) | ||

## Interest Paid | 8.8m | |||||||

## Income Taxes Paid | 5.9m | 27.8m |

- Source: SEC Filings

- Source: SEC Filings

USD | Q1, 2012 |
---|---|

## Financial Leverage | 1.4 x |