Methode Electronics market cap is $1.7 b, and annual revenue was $1.09 b in FY 2021

Methode Electronics Gross profit (Q3, 2022)69.1 M

Methode Electronics Gross profit margin (Q3, 2022), %23.7%

Methode Electronics Net income (Q3, 2022)29.4 M

Methode Electronics EBIT (Q3, 2022)29.8 M

Methode Electronics Cash, 29-Jan-2022153.1 M

Methode Electronics EV1.7 B

Methode Electronics revenue was $1.09 b in FY, 2021 which is a 6.3% year over year increase from the previous period.

Methode Electronics revenue breakdown by geographic segment: 8.0% from Mexico, 46.9% from U.S., 17.8% from China, 15.9% from Malta and 11.3% from Other

USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|

## Revenue | 1.0b | 1.0b | 1.1b |

| 10% | 2% | 6% |

## Cost of goods sold | 734.5m | 741.0m | 813.9m |

## Gross profit | 265.8m | 282.9m | 274.1m |

| 27% | 28% | 25% |

## General and administrative expense | 142.9m | 116.8m | 126.9m |

## Operating expense total | 159.0m | 135.8m | 146.2m |

## Depreciation and amortization | 16.1m | 19.0m | 19.3m |

## EBIT | 106.8m | 147.1m | 127.9m |

| 11% | 14% | 12% |

## Interest expense | 8.3m | 10.1m | 5.2m |

## Pre tax profit | 103.6m | 148.7m | 134.9m |

## Income tax expense | 12.0m | 25.3m | 12.6m |

## Net Income | 91.6m | 123.4m | 122.3m |

## EPS | 2.4 | 3.3 | 3.2 |

USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 270.2m | 257.2m | 285.9m | 190.9m | 300.8m | 295.3m | 287.8m | 295.5m | 291.6m |

## Cost of goods sold | 194.4m | 188.6m | 206.6m | 145.8m | 220.0m | 222.7m | 216.1m | 226.3m | 222.5m |

## Gross profit | 75.8m | 68.6m | 79.3m | 45.1m | 80.8m | 72.6m | 71.7m | 69.2m | 69.1m |

| 28% | 27% | 28% | 24% | 27% | 25% | 25% | 23% | 24% |

## General and administrative expense | 32.4m | 33.2m | 33.0m | 26.6m | 30.8m | 32.4m | 32.8m | 31.2m | 34.5m |

## Operating expense total | 37.2m | 37.9m | 37.8m | 31.3m | 35.8m | 37.2m | 37.6m | 31.2m | 39.3m |

## Depreciation and amortization | 4.8m | 4.7m | 4.8m | 4.7m | 5.0m | 4.8m | 4.8m | 4.8m | 4.8m |

## EBIT | 38.6m | 30.7m | 41.5m | 13.8m | 45.0m | 35.4m | 34.1m | 33.2m | 29.8m |

| 14% | 12% | 15% | 7% | 15% | 12% | 12% | 11% | 10% |

## Interest expense | 2.9m | 2.7m | 2.4m | 1.6m | 1.4m | 1.3m | 1.1m | 1.1m | 700.0k |

## Pre tax profit | 35.6m | 29.0m | 44.0m | 15.6m | 46.2m | 36.5m | 34.8m | 33.0m | 33.5m |

## Income tax expense | 7.3m | 5.2m | 2.8m | (5.1m) | 7.6m | 4.6m | 5.7m | 5.5m | 4.1m |

## Net Income | 28.3m | 23.8m | 41.2m | 20.7m | 38.6m | 31.9m | 29.1m | 27.5m | 29.4m |

## EPS | 0.8 | 0.6 | 1.1 | 0.5 | 1.0 | 0.8 | 0.8 | 0.7 | 0.8 |

USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|

## Cash | 83.2m | 217.3m | 233.2m |

## Accounts Receivable | 219.3m | 188.5m | 282.5m |

## Prepaid Expenses | 20.0m | 15.9m | 22.6m |

## Inventories | 116.7m | 131.0m | 124.2m |

## Current Assets | 453.5m | 565.6m | 674.0m |

## PP&E | 191.9m | 201.9m | 204.0m |

## Goodwill | 233.3m | 231.6m | 235.6m |

## Total Assets | 1.2b | 1.4b | 1.5b |

## Accounts Payable | 91.9m | 73.8m | 122.9m |

## Short-term debt | 15.7m | 20.8m | 21.0m |

## Current Liabilities | 180.9m | 143.8m | 222.7m |

## Long-term debt | 276.9m | 357.2m | 242.7m |

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

## Total Debt | 292.6m | 378.0m | 263.7m |

## Total Liabilities | 587.2m | 549.0m | |

## Common Stock | 19.2m | 19.2m | 19.8m |

## Additional Paid-in Capital | 150.4m | 150.7m | 157.6m |

## Retained Earnings | 545.2m | 651.9m | 746.0m |

## Total Equity | 689.7m | 783.4m | 918.0m |

## Debt to Equity Ratio | 0.4 x | 0.5 x | 0.3 x |

## Debt to Assets Ratio | 0.2 x | 0.3 x | 0.2 x |

## Financial Leverage | 1.8 x | 1.7 x | 1.6 x |

USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|

## Net Income | 91.6m | 123.4m | 122.3m |

## Depreciation and Amortization | 43.3m | 48.3m | 51.5m |

## Accounts Receivable | 1.5m | 27.4m | (81.9m) |

## Inventories | (3.9m) | (15.8m) | 11.3m |

## Accounts Payable | (23.1m) | (47.5m) | 59.5m |

## Cash From Operating Activities | 102.0m | 140.6m | 179.8m |

## Purchases of PP&E | (49.8m) | (45.1m) | (24.9m) |

## Cash From Investing Activities | (470.8m) | (44.5m) | (24.8m) |

## Long-term Borrowings | (120.5m) | (99.1m) | (117.2m) |

## Dividends Paid | (16.3m) | (16.3m) | (17.4m) |

## Cash From Financing Activities | 217.4m | 41.7m | (142.9m) |

## Net Change in Cash | (162.9m) | 134.1m | 15.9m |

## Interest Paid | 8.8m | 9.9m | 5.3m |

## Income Taxes Paid | 27.8m | 21.1m | 16.0m |

USD | FY, 2019 |
---|---|

## EV/EBIT | 12.1 x |

## EV/CFO | 12.7 x |

## Revenue/Employee | 161.7k |

## Debt/Equity | 0.4 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 1.8 x |

## P/E Ratio | 12.1 |