Methode Electronics (MEI) stock price, revenue, and financials

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

$1.7 B

MEI Mkt cap, 13-May-2022

$291.6 M

Methode Electronics Revenue Q3, 2022
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
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Methode Electronics Revenue

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

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Methode Electronics Revenue Breakdown

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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

Methode Electronics Income Statement

Annual

USDFY, 2019FY, 2020FY, 2021

Revenue

1.0b1.0b1.1b

Revenue growth, %

10%2%6%

Cost of goods sold

734.5m741.0m813.9m

Gross profit

265.8m282.9m274.1m

Gross profit Margin, %

27%28%25%

General and administrative expense

142.9m116.8m126.9m

Operating expense total

159.0m135.8m146.2m

Depreciation and amortization

16.1m19.0m19.3m

EBIT

106.8m147.1m127.9m

EBIT margin, %

11%14%12%

Interest expense

8.3m10.1m5.2m

Pre tax profit

103.6m148.7m134.9m

Income tax expense

12.0m25.3m12.6m

Net Income

91.6m123.4m122.3m

EPS

2.43.33.2

Methode Electronics Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

83.2m217.3m233.2m

Accounts Receivable

219.3m188.5m282.5m

Prepaid Expenses

20.0m15.9m22.6m

Inventories

116.7m131.0m124.2m

Current Assets

453.5m565.6m674.0m

PP&E

191.9m201.9m204.0m

Goodwill

233.3m231.6m235.6m

Total Assets

1.2b1.4b1.5b

Accounts Payable

91.9m73.8m122.9m

Short-term debt

15.7m20.8m21.0m

Current Liabilities

180.9m143.8m222.7m

Long-term debt

276.9m357.2m242.7m

Non-Current Liabilities

361.1m

Total Debt

292.6m378.0m263.7m

Total Liabilities

587.2m549.0m

Common Stock

19.2m19.2m19.8m

Additional Paid-in Capital

150.4m150.7m157.6m

Retained Earnings

545.2m651.9m746.0m

Total Equity

689.7m783.4m918.0m

Debt to Equity Ratio

0.4 x0.5 x0.3 x

Debt to Assets Ratio

0.2 x0.3 x0.2 x

Financial Leverage

1.8 x1.7 x1.6 x

Methode Electronics Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

91.6m123.4m122.3m

Depreciation and Amortization

43.3m48.3m51.5m

Accounts Receivable

1.5m27.4m(81.9m)

Inventories

(3.9m)(15.8m)11.3m

Accounts Payable

(23.1m)(47.5m)59.5m

Cash From Operating Activities

102.0m140.6m179.8m

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

217.4m41.7m(142.9m)

Net Change in Cash

(162.9m)134.1m15.9m

Interest Paid

8.8m9.9m5.3m

Income Taxes Paid

27.8m21.1m16.0m

Methode Electronics Ratios

USDFY, 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

Methode Electronics Operating Metrics

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

Backlog

$150 m$137.5 m$203.2 m

Patents Issued

370

Switches Produced Annually

40 m

Methode Electronics Employee Rating

3.2174 votes
Culture & Values
3.2
Work/Life Balance
3.4
Senior Management
3
Salary & Benefits
3.3
Career Opportunities
2.9
Source