Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
Earnings for Methode Electronics, Inc. (MEI)
Earnings in 2024 (TTM): $-128,100,000
According to Methode Electronics, Inc.'s latest financial reports the company's current earnings (TTM) are $-128,100,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Methode Electronics, Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2024 | $-128,100,000 | $-123,300,000 |
| 2023 | $90.1 M | $77.1 M |
| 2022 | $118.5 M | $102.2 M |
| 2021 | $134.9 M | $122.3 M |
| 2020 | $148.7 M | $123.4 M |
| 2019 | $103.6 M | $91.6 M |
| 2018 | $123.8 M | $57.2 M |
| 2017 | $115.9 M | $92.9 M |
| 2016 | $110.9 M | $84.6 M |
| 2015 | $120.8 M | $101.1 M |
| 2014 | $75.9 M | $96.1 M |
| 2013 | $37.95 M | $40.74 M |
| 2012 | $11.37 M | $8.38 M |
| 2011 | $14.46 M | $19.5 M |
| 2010 | $7.82 M | $13.66 M |
| 2009 | $-110,803,000 | $-112,483,000 |
| 2008 | $49.48 M | $39.75 M |
| 2007 | $35.78 M | $26.08 M |
| 2006 | $32.37 M | $17.05 M |
| 2005 | $38.45 M | $25.53 M |
| 2004 | $28.51 M | $19.68 M |
| 2003 | $31.96 M | $21.87 M |
| 2002 | $2.61 M | $3.81 M |
| 2001 | $19.2 M | $19.35 M |
| 2000 | $46.99 M | $30.89 M |
| 1999 | $50.7 M | $32.8 M |
| 1998 | $53.6 M | $35.3 M |
| 1997 | $58.4 M | $37.2 M |
| 1996 | $51 M | $32.4 M |
| 1995 | $40.8 M | $26.1 M |
| 1994 | $33.5 M | $21 M |
| 1993 | $22.5 M | $15.4 M |
| 1992 | $13.6 M | $4.6 M |
| 1991 | $12 M | $7.9 M |
| 1990 | $8.6 M | $5.1 M |
| 1989 | $3.6 M | $2.2 M |
| 1988 | $8.2 M | $5.1 M |
| 1987 | $5.9 M | $2.9 M |
| 1986 | $10.6 M | $5.9 M |