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.
Revenue of Methode Electronics, Inc. (MEI)
Revenue in 2024 (TTM): $1.11 B
According to Methode Electronics, Inc.'s latest financial reports the company's current revenue (TTM) is $1.11 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Methode Electronics, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2024 | $1.11 B | $178.8 M | $-52,799,999 | $-128,100,000 | $-123,300,000 |
| 2023 | $1.18 B | $264.1 M | $151.6 M | $90.1 M | $77.1 M |
| 2022 | $1.16 B | $264.9 M | $174.6 M | $118.5 M | $102.2 M |
| 2021 | $1.09 B | $274.1 M | $191.6 M | $134.9 M | $122.3 M |
| 2020 | $1.02 B | $282.9 M | $207.1 M | $148.7 M | $123.4 M |
| 2019 | $1 B | $265.8 M | $169 M | $103.6 M | $91.6 M |
| 2018 | $908.3 M | $239.6 M | $152.8 M | $123.8 M | $57.2 M |
| 2017 | $816.5 M | $218.3 M | $135.1 M | $115.9 M | $92.9 M |
| 2016 | $809.1 M | $212.9 M | $133.6 M | $110.9 M | $84.6 M |
| 2015 | $881.1 M | $218.8 M | $149.8 M | $120.8 M | $101.1 M |
| 2014 | $772.8 M | $156.7 M | $99.2 M | $75.9 M | $96.1 M |
| 2013 | $519.84 M | $91.64 M | $56.76 M | $37.95 M | $40.74 M |
| 2012 | $465.1 M | $83.11 M | $27.52 M | $11.37 M | $8.38 M |
| 2011 | $428.22 M | $89.17 M | $31.7 M | $14.46 M | $19.5 M |
| 2010 | $377.65 M | $79.94 M | $27.73 M | $7.82 M | $13.66 M |
| 2009 | $428.85 M | $72.35 M | $-73,367,000 | $-110,803,000 | $-112,483,000 |
| 2008 | $552.95 M | $124.6 M | $77.84 M | $49.48 M | $39.75 M |
| 2007 | $450.02 M | $90.11 M | $58.84 M | $35.78 M | $26.08 M |
| 2006 | $422.69 M | $86.28 M | $53.57 M | $32.37 M | $17.05 M |
| 2005 | $394.45 M | $87.83 M | $58.08 M | $38.45 M | $25.53 M |
| 2004 | $361 M | $73.2 M | $28.94 M | $28.51 M | $19.68 M |
| 2003 | $364.08 M | $74.4 M | $33.07 M | $31.96 M | $21.87 M |
| 2002 | $321.6 M | $54.02 M | $254 K | $2.61 M | $3.81 M |
| 2001 | $362.14 M | $65.72 M | $9.76 M | $19.2 M | $19.35 M |
| 2000 | $422.15 M | $119.54 M | $56.1 M | $46.99 M | $30.89 M |
| 1999 | $403.7 M | $121.6 M | $62.5 M | $50.7 M | $32.8 M |
| 1998 | $379.3 M | $119 M | $67.9 M | $53.6 M | $35.3 M |
| 1997 | $343.1 M | $113.5 M | $69.2 M | $58.4 M | $37.2 M |
| 1996 | $307.5 M | $99.9 M | $60.3 M | $51 M | $32.4 M |
| 1995 | $270.7 M | $85.6 M | $49.5 M | $40.8 M | $26.1 M |
| 1994 | $213.3 M | $69.9 M | $41.4 M | $33.5 M | $21 M |
| 1993 | $172 M | $55.2 M | $29.7 M | $22.5 M | $15.4 M |
| 1992 | $148.1 M | $44 M | $20.8 M | $13.6 M | $4.6 M |
| 1991 | $149.4 M | $41.9 M | $17.5 M | $12 M | $7.9 M |
| 1990 | $132.8 M | $35.3 M | $14.1 M | $8.6 M | $5.1 M |
| 1989 | $122.2 M | $29.4 M | $8.8 M | $3.6 M | $2.2 M |
| 1988 | $112.7 M | $32.9 M | $12.9 M | $8.2 M | $5.1 M |
| 1987 | $95.7 M | $27.9 M | $10.2 M | $5.9 M | $2.9 M |
| 1986 | $96 M | $30.5 M | $13.8 M | $10.6 M | $5.9 M |