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.

Methode Electronics, Inc.

Methode Electronics designs and manufactures custom engineered products across multiple sectors, focusing on technologies in areas such as user interfaces, LED lighting, sensors, and signal/power distribution solutions.

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Methode Electronics | 93,896 followers on LinkedIn. Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, LED lighting system, power distribution and sensor applications.

Vice President Finance

Hubert Cartier

Linux geek

Josh Harding

Vice President, Strategy and M&A at Methode Electronics

Damian Olesnycky

Walid Ahmed

Methode (Southfield MI) is looking for a Launch Manager 1 to join our team! You will oversee Core Team activities to ensure program launch success requirements are met, including safety, quality, delivery, cost, and profitability goals. Methode will provide a thorough onboarding experience, mentorship, and career development to prepare high-potential candidates for a successful career in automotive product launch management. With regular engagement with your leader, you'll be able to advance your expertise and skills to take your career to the next level. Don't miss this opportunity to grow your career with a leading automotive company. #NowHiring #MethodeCareers #MethodeIsPossibilities #programmanagement #automotivemanufacturing #automotivecareers

Last week, our CFO, Laura Kowalchik , had the chance to visit our finance teams in Mexico. Connecting face-to-face was invaluable in building relationships and understanding the team’s strengths and contributions. Laura and the team reviewed current projects, discussed challenges and opportunities, and exchanged ideas on how we can enhance our financial practices. Abraham Muñoz , Viviana Villalobos , Melva Susana Talancón Guerra , Cinthia Guajardo , Tricia Lopez , Joel Alvarez Moreno , Linda De La Rosa , Dalila Garcia , Hubert Cartier #LeadershipInAction #FinanceTeam #Teamwork

Our colleagues at Methode India are bringing the spirit of Diwali to life with vibrant traditions. From wearing beautiful ethnic attire to sharing sweet and savory treats and exchanging gifts, the festivities have been filled with joy and togetherness. The Festival of Lights is a time to reflect, renew, and look forward to a bright future. Wishing our entire Methode family and partners around the world a bright and prosperous Diwali! #HappyDiwali #FestivalofLights #MethodeIndia

We’re seeking a Product Development Engineer to join our team. You’ll be at the forefront of industry developments, contributing to high voltage component design like busbars, BDUs/junction boxes, and interconnect boards. Your responsibilities will include managing multiple projects, supporting department goals, and collaborating with global engineering teams in China, India, and Mexico. Under the guidance of our Director of Advanced Engineering & Product Planning, you’ll have the autonomy to excel and present to internal and customer management. Ready to make an impact? Join us and create your success story! #NowHiring #MethodeCareers #MethodeIsPossibilities #AutomotiveIndustry #BEV #EngineeringJobs #EngineeringRecruitment #EngineeringJob

Our dedicated team at Procoplast - A Methode Electronics Company in Belgium recently participated in a charity jogging event for the Association ELA . They came together for a meaningful cause, raising funds for medical research aimed at combating leukodystrophies, a group of rare and debilitating genetic disorders that affect the nervous system. We are incredibly proud of our colleagues who contributed to advancing ELA’s cause! #Procoplast #LeukodystrophySupport #ELA

Methode is seeking a Key Account Manager to develop and nurture Ford North American business opportunities within our EV power and LED lighting portfolios. Reporting to the Sales Operations Manager, you’ll enhance profitability, optimize cost recovery, and support Methode’s reputation and customer relationships. The role includes a comprehensive 90-day onboarding program with product training, a visit to our Mexico manufacturing plant, and customer introductions. We offer a competitive base salary, sales incentive plan, and a full benefits package. If you’re passionate about the automotive industry and eager to make an impact, we want to hear from you! #NowHiring #MethodeCareers #MethodeIsPossibilities #AutomotiveIndustry #Sales

Thank you for sharing, Anna Urbańska ! From attracting top talent to fostering a positive and inclusive work culture, we are proud of the outstanding contributions of our HR teams around the world. #Teamwork #WorkCulture #HRExcellence

Methode (Southfield MI) is looking for a Launch Manager 1 to join our team! You will oversee Core Team activities to ensure program launch success requirements are met, including safety, quality, delivery, cost, and profitability goals. Methode will provide a thorough onboarding experience, mentorship, and career development to prepare high-potential candidates for a successful career in automotive product launch management. With regular engagement with your leader, you'll be able to advance your expertise and skills to take your career to the next level. Don't miss this opportunity to grow your career with a leading automotive company. #NowHiring #MethodeCareers #automotivecareers #programmanagement #MethodeIsPossibilities #automotivemanufacturing

And that’s a wrap on The Battery Show 2024! From busbars to sensors to cell interconnect boards, our team of experts showcased cutting-edge solutions that are driving the future of electrification. Our engineers and sales teams made valuable connections, and visitors to our booth learned how our battery solutions enable higher performance and improved efficiency for electric vehicles. #MethodePowerSolutions #EVs #BatterySolutions

I recently had the chance to meet Methode colleagues in China for the first time. A big thank you to our teams in Dongguan, Shanghai and Suzhou for hosting such productive and insightful visits. I left feeling energized by the team's capabilities and the exceptional quality of the facilities. I’m excited to see what this team will accomplish next! #SiteVisits #OurPeople #MethodeChina

	May '14	May '15	Apr '16	Apr '17	Apr '18	Apr '19	May '20	May '21	Apr '22	Apr '23	Apr '24
revenue	772.80M -	881.10M 14.01%	809.10M 8.17%	816.50M 0.91%	908.30M 11.24%	1.00B 10.13%	1.02B 2.36%	1.09B 6.26%	1.16B 6.95%	1.18B 1.38%	1.11B 5.52%
cost of revenue	616.10M -	662.30M 7.50%	596.20M 9.98%	598.20M 0.34%	668.70M 11.79%	734.50M 9.84%	741M 0.88%	813.90M 9.84%	898.70M 10.42%	915.50M 1.87%	908.40M 0.78%
gross profit	156.70M -	218.80M 39.63%	212.90M 2.70%	218.30M 2.54%	239.60M 9.76%	265.80M 10.93%	282.90M 6.43%	274.10M 3.11%	264.90M 3.36%	264.10M 0.30%	206.10M 21.96%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	81.40M -	94M 15.48%	103.20M 9.79%	107.50M 4.17%	115.70M 7.63%	142.90M 23.51%	116.80M 18.26%	126.90M 8.65%	134.10M 5.67%	154.90M 15.51%	155.90M 0.65%
research and development expenses											49.10M -
other expenses	2.60M -	200K 92.31%	500K 150%	4.70M 840%	6.40M 36.17%	5.10M 20.31%	19M 272.55%	19.30M 1.58%	19.10M 1.04%	18.80M 1.57%	-500K 102.66%
cost and expenses	697.50M -	757.80M 8.65%	699.40M 7.71%	705.70M 0.90%	790M 11.95%	893.50M 13.10%	876.80M 1.87%	960.10M 9.50%	1.05B 9.56%	1.09B 3.55%	1.11B 2.27%
operating expenses	81.40M -	95.50M 17.32%	103.20M 8.06%	107.50M 4.17%	121.30M 12.84%	159M 31.08%	135.80M 14.59%	146.20M 7.66%	153.20M 4.79%	173.70M 13.38%	205.50M 18.31%
interest expense	300K -	700K 133.33%	700K 0%	400K 42.86%	-900K 325%	-8.30M 822.22%	10.10M 221.69%	5.20M 48.51%	3.50M 32.69%	2.70M 22.86%	16.70M 518.52%
ebitda	101.80M -	150.10M 47.45%	133.60M 10.99%	135.10M 1.12%	146.40M 8.36%	150.10M 2.53%	207.10M 37.97%	191.60M 7.48%	174.60M 8.87%	142.30M 18.50%	58.50M 58.89%
operating income	73.60M -	112.20M 52.45%	109.70M 2.23%	110.80M 1.00%	118.30M 6.77%	106.80M 9.72%	147.10M 37.73%	127.90M 13.05%	111.70M 12.67%	90.40M 19.07%	600K 99.34%
depreciation and amortization	23.90M -	23.40M 2.09%	23.90M 2.14%	24.30M 1.67%	28.10M 15.64%	43.30M 54.09%	60M 38.57%	63.70M 6.17%	62.90M 1.26%	51.90M 17.49%	57.90M 11.56%
total other income expenses net	900K -	-3.20M 455.56%	500K 115.63%	4.70M 840%	6.40M 36.17%	5.10M 20.31%	1.60M 68.63%	7M 337.50%	6.80M 2.86%	-300K 104.41%	-128.70M 42,800%
income before tax	75.90M -	120.80M 59.16%	110.90M 8.20%	115.90M 4.51%	123.80M 6.82%	103.60M 16.32%	148.70M 43.53%	134.90M 9.28%	118.50M 12.16%	90.10M 23.97%	-128.10M 242.18%
income tax expense	-20.30M -	19.80M 197.54%	26.30M 32.83%	23M 12.55%	66.60M 189.57%	12M 81.98%	25.30M 110.83%	12.60M 50.20%	16.30M 29.37%	13M 20.25%	-4.80M 136.92%
net income	96.10M -	101.10M 5.20%	84.60M 16.32%	92.90M 9.81%	57.20M 38.43%	91.60M 60.14%	123.40M 34.72%	122.30M 0.89%	102.20M 16.43%	77.10M 24.56%	-123.30M 259.92%
weighted average shs out	37.97M -	38.69M 1.88%	38.33M 0.91%	37.28M 2.74%	37.28M 0.00%	37.41M 0.33%	37.57M 0.45%	38.04M 1.23%	37.23M 2.12%	36.03M 3.24%	35.47M 1.55%
weighted average shs out dil	38.22M -	39.27M 2.75%	38.47M 2.03%	37.49M 2.56%	37.54M 0.15%	37.67M 0.34%	37.84M 0.46%	38.31M 1.22%	37.82M 1.28%	36.71M 2.92%	35.47M 3.39%
eps	2.53 -	2.61 3.16%	2.21 15.33%	2.49 12.67%	1.54 38.15%	2.45 59.09%	3.28 33.88%	3.22 1.83%	2.74 14.91%	2.14 21.90%	-3.48 262.62%
epsdiluted	2.51 -	2.57 2.39%	2.20 14.40%	2.48 12.73%	1.52 38.71%	2.43 59.87%	3.26 34.16%	3.19 2.15%	2.70 15.36%	2.10 22.22%	-3.48 265.71%

COM:METHODE

Methode Electronics

Last Close

9.72

22/11 21:00

Market Cap

334.09M

Beta: -

Volume Today

340.76K

Avg: -

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