Methode Electronics market cap is $1.5 b, and annual revenue was $1.02 b in FY 2020

Methode Electronics Net income (Q2, 2021)38.6 M

Methode Electronics Cash, 31-Oct-2020242.3 M

Methode Electronics EV1.6 B

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 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 465.1m | 519.8m | 772.8m | 881.1m | 809.1m | 816.5m | 908.3m | 1.0b | 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 | 116.8m | ||

## Operating expense total | 71.8m | 52.5m | 103.2m | 107.5m | 121.3m | 159.0m | 135.8m | ||

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

## EBIT | 11.4m | 39.2m | 73.6m | 112.2m | 109.7m | 110.8m | 118.3m | 106.8m | 147.1m |

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

## 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 | 148.7m | |

## Income tax expense | 3.2m | (2.5m) | (20.3m) | 19.8m | 26.3m | 23.0m | 66.6m | 12.0m | 25.3m |

## Net Income | 8.4m | 40.7m | 96.2m | 101.0m | 84.6m | 92.9m | 57.2m | 91.6m | 123.4m |

- 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 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## 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 | 190.9m | 300.8m |

## 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 | 145.8m | |

## 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 | 45.1m | |

| 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% | 24% | |

## 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 | 26.6m | 30.8m | |||

## 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 | 31.3m | 30.8m |

## Depreciation and amortization | 1.1m | 1.9m | 3.7m | 5.5m | 4.8m | 4.7m | 4.8m | 4.7m | 7.6m | |||||||||||||||||||

## 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 | 13.8m | |

| 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% | 7% | |

## Interest expense | 43.0k | 194.0k | 615.0k | 117.0k | 88.0k | 2.9m | 1.6m | |||||||||||||||||||||

## 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 | 15.6m | 46.2m | ||

## 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 | (5.1m) | 7.6m |

## 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 | 20.7m | 38.6m |

- Source: SEC Filings

USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 86.8m | 65.8m | 116.4m | 168.1m | 227.8m | 294.0m | 246.1m | 83.2m | 217.3m |

## Accounts Receivable | 98.4m | 119.8m | 165.3m | 202.6m | 219.3m | 188.5m | |||

## Prepaid Expenses | 12.5m | 14.8m | 20.0m | 15.9m | |||||

## 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 | 565.6m |

## PP&E | 77.2m | 98.4m | 101.2m | 93.3m | 93.0m | 90.6m | 162.2m | 191.9m | 201.9m |

## Goodwill | 16.4m | 12.9m | 13.0m | 1.7m | 1.7m | 1.6m | 59.2m | 233.3m | 231.6m |

## Total Assets | 403.6m | 434.9m | 575.5m | 605.8m | 655.9m | 704.0m | 915.9m | 1.2b | 1.4b |

## Accounts Payable | 54.8m | 61.5m | 82.0m | 70.1m | 68.2m | 75.3m | 89.5m | 91.9m | 73.8m |

## Short-term debt | 26.0m | 4.4m | 29.6m | 20.8m | |||||

## Current Liabilities | 91.9m | 90.5m | 119.1m | 130.6m | 117.9m | 124.4m | 157.0m | 180.9m | 143.8m |

## Long-term debt | 48.0m | 43.5m | 48.0m | 5.0m | 57.0m | 27.0m | 53.4m | 276.9m | 357.2m |

## Non-Current Liabilities | 361.1m | 443.4m | |||||||

## Total Debt | 48.0m | 69.5m | 48.0m | 5.0m | 57.0m | 27.0m | 57.8m | 306.5m | 378.0m |

## Total Liabilities | 542.0m | 587.2m | |||||||

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

## Additional Paid-in Capital | 77.7m | 81.5m | 89.8m | 102.2m | 112.3m | 132.2m | 136.5m | 150.4m | 150.7m |

## Retained Earnings | 154.0m | 184.4m | 269.2m | 356.5m | 358.6m | 427.0m | 472.0m | 545.2m | 651.9m |

## Total Equity | 255.2m | 289.6m | 392.2m | 459.0m | 470.1m | 541.1m | 630.0m | 689.7m | 783.4m |

## 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 | 1.7 x |

- Source: SEC Filings

- Source: SEC Filings

USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 8.4m | 40.7m | 96.2m | 101.0m | 84.6m | 92.9m | 57.2m | 91.6m | 123.4m |

## Depreciation and Amortization | 14.3m | 18.8m | 1.8m | 1.5m | 23.9m | 24.3m | 28.1m | 43.3m | 48.3m |

## Accounts Receivable | (13.5m) | (21.2m) | (50.0m) | (6.0m) | 5.6m | 2.8m | 1.5m | 27.4m | |

## Inventories | (3.3m) | (16.1m) | (11.0m) | 4.5m | 7.4m | (7.2m) | (3.9m) | (15.8m) | |

## Accounts Payable | 25.2m | 1.7m | 36.8m | (11.3m) | 11.1m | 39.8m | (23.1m) | (47.5m) | |

## Cash From Operating Activities | 24.8m | 33.2m | 72.4m | 51.7m | 110.7m | 145.2m | 117.8m | 102.0m | 140.6m |

## Purchases of PP&E | (25.7m) | (38.6m) | (29.0m) | (23.2m) | (22.4m) | (47.7m) | (49.8m) | (45.1m) | |

## Cash From Investing Activities | (32.1m) | (40.0m) | (22.9m) | (21.6m) | (21.7m) | (179.0m) | (470.8m) | (44.5m) | |

## Short-term Borrowings | (4.0m) | (41.5m) | (120.5m) | (98.4m) | |||||

## Long-term Borrowings | (19.0m) | (30.0m) | (79.4m) | (700.0k) | |||||

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

## Cash From Financing Activities | 37.9m | (14.3m) | (1.4m) | (28.7m) | (47.0m) | (12.7m) | 217.4m | 41.7m | |

## Net Change in Cash | 29.4m | (21.0m) | 59.7m | 66.2m | (47.9m) | (162.9m) | 134.1m | ||

## Interest Paid | 8.8m | 9.9m | |||||||

## Income Taxes Paid | 5.9m | 27.8m | 21.1m |

- Source: SEC Filings

- Source: SEC Filings

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

## Financial Leverage | 1.4 x |