Methode Electronics Inc
NYSE:MEI
Income Statement
Earnings Waterfall
Methode Electronics Inc
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-930.7m
USD
|
Gross Profit
|
207.7m
USD
|
Operating Expenses
|
-191.6m
USD
|
Operating Income
|
16.1m
USD
|
Other Expenses
|
-74m
USD
|
Net Income
|
-57.9m
USD
|
Income Statement
Methode Electronics Inc
Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Jan-2015 | May-2015 | Aug-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Feb-2020 | May-2020 | Aug-2020 | Oct-2020 | Jan-2021 | May-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
696
N/A
|
773
+11%
|
824
+7%
|
863
+5%
|
879
+2%
|
881
+0%
|
866
-2%
|
845
-2%
|
824
-3%
|
809
-2%
|
798
-1%
|
799
+0%
|
810
+1%
|
817
+1%
|
826
+1%
|
847
+3%
|
879
+4%
|
908
+3%
|
931
+2%
|
964
+4%
|
983
+2%
|
1 000
+2%
|
1 047
+5%
|
1 040
-1%
|
1 079
+4%
|
1 024
-5%
|
945
-8%
|
988
+5%
|
998
+1%
|
1 088
+9%
|
1 185
+9%
|
1 180
0%
|
1 176
0%
|
1 164
-1%
|
1 158
0%
|
1 179
+2%
|
1 167
-1%
|
1 180
+1%
|
1 187
+1%
|
1 159
-2%
|
1 138
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(555)
|
(616)
|
(650)
|
(670)
|
(669)
|
(662)
|
(644)
|
(632)
|
(620)
|
(596)
|
(584)
|
(581)
|
(586)
|
(598)
|
(606)
|
(620)
|
(645)
|
(668)
|
(686)
|
(709)
|
(721)
|
(729)
|
(760)
|
(758)
|
(785)
|
(741)
|
(691)
|
(719)
|
(735)
|
(809)
|
(881)
|
(890)
|
(889)
|
(897)
|
(902)
|
(917)
|
(911)
|
(915)
|
(930)
|
(924)
|
(931)
|
|
Gross Profit |
142
N/A
|
157
+11%
|
173
+11%
|
192
+11%
|
210
+9%
|
219
+4%
|
222
+1%
|
213
-4%
|
204
-4%
|
213
+4%
|
213
+0%
|
218
+2%
|
224
+3%
|
218
-3%
|
220
+1%
|
227
+3%
|
234
+3%
|
240
+3%
|
245
+2%
|
256
+4%
|
263
+3%
|
271
+3%
|
287
+6%
|
282
-2%
|
294
+4%
|
283
-4%
|
254
-10%
|
269
+6%
|
263
-2%
|
279
+6%
|
304
+9%
|
289
-5%
|
287
-1%
|
266
-7%
|
256
-4%
|
261
+2%
|
256
-2%
|
265
+3%
|
257
-3%
|
236
-8%
|
208
-12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(81)
|
(81)
|
(86)
|
(92)
|
(92)
|
(96)
|
(100)
|
(99)
|
(104)
|
(103)
|
(108)
|
(110)
|
(108)
|
(108)
|
(108)
|
(110)
|
(110)
|
(115)
|
(119)
|
(133)
|
(146)
|
(149)
|
(170)
|
(154)
|
(151)
|
(136)
|
(128)
|
(125)
|
(124)
|
(143)
|
(151)
|
(152)
|
(153)
|
(151)
|
(154)
|
(159)
|
(159)
|
(166)
|
(184)
|
(189)
|
(192)
|
|
Selling, General & Administrative |
(32)
|
(80)
|
(83)
|
(89)
|
(88)
|
(94)
|
(95)
|
(94)
|
(99)
|
(101)
|
(105)
|
(107)
|
(105)
|
(105)
|
(105)
|
(106)
|
(104)
|
(110)
|
(112)
|
(124)
|
(133)
|
(133)
|
(137)
|
(130)
|
(131)
|
(117)
|
(110)
|
(106)
|
(105)
|
(124)
|
(131)
|
(133)
|
(134)
|
(132)
|
(135)
|
(140)
|
(140)
|
(148)
|
(164)
|
(168)
|
(169)
|
|
Depreciation & Amortization |
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
(1)
|
(2)
|
(4)
|
(6)
|
(7)
|
(10)
|
(13)
|
(16)
|
(19)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(20)
|
(21)
|
(23)
|
|
Other Operating Expenses |
(48)
|
0
|
(4)
|
(4)
|
(4)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
61
N/A
|
75
+23%
|
87
+15%
|
100
+15%
|
118
+18%
|
123
+4%
|
122
-1%
|
114
-7%
|
101
-12%
|
110
+9%
|
106
-3%
|
109
+3%
|
116
+7%
|
111
-5%
|
112
+1%
|
117
+4%
|
124
+6%
|
125
+1%
|
126
+1%
|
123
-3%
|
117
-5%
|
122
+5%
|
117
-5%
|
128
+10%
|
144
+12%
|
147
+2%
|
126
-15%
|
144
+15%
|
139
-4%
|
136
-2%
|
153
+12%
|
137
-10%
|
134
-2%
|
115
-14%
|
103
-11%
|
102
0%
|
97
-5%
|
98
+1%
|
74
-25%
|
46
-37%
|
16
-65%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(5)
|
(8)
|
(11)
|
(12)
|
(11)
|
(13)
|
(12)
|
(11)
|
(10)
|
(5)
|
(5)
|
(3)
|
(2)
|
(2)
|
(1)
|
(2)
|
1
|
4
|
2
|
(2)
|
(10)
|
|
Non-Reccuring Items |
(4)
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(7)
|
(7)
|
(7)
|
(5)
|
(12)
|
(15)
|
(15)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
1
|
3
|
5
|
8
|
6
|
6
|
9
|
7
|
7
|
(2)
|
1
|
(56)
|
(56)
|
|
Total Other Income |
(1)
|
3
|
3
|
3
|
4
|
0
|
0
|
1
|
2
|
1
|
0
|
2
|
2
|
5
|
4
|
2
|
5
|
6
|
7
|
7
|
8
|
5
|
5
|
6
|
6
|
15
|
15
|
15
|
9
|
1
|
1
|
(2)
|
(0)
|
(2)
|
0
|
3
|
(6)
|
(11)
|
(11)
|
(13)
|
(7)
|
|
Pre-Tax Income |
55
N/A
|
76
+38%
|
89
+18%
|
103
+15%
|
122
+19%
|
121
-1%
|
123
+2%
|
116
-6%
|
103
-11%
|
111
+8%
|
107
-4%
|
111
+4%
|
118
+7%
|
116
-2%
|
114
-2%
|
112
-2%
|
121
+8%
|
124
+2%
|
127
+3%
|
116
-9%
|
104
-10%
|
104
-1%
|
111
+7%
|
122
+10%
|
139
+13%
|
149
+7%
|
129
-13%
|
146
+13%
|
138
-5%
|
135
-3%
|
154
+14%
|
141
-9%
|
138
-2%
|
119
-14%
|
110
-8%
|
110
+0%
|
100
-10%
|
90
-9%
|
65
-28%
|
(24)
N/A
|
(57)
-141%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
3
|
20
|
15
|
7
|
1
|
(20)
|
(20)
|
(17)
|
(15)
|
(26)
|
(24)
|
(25)
|
(26)
|
(23)
|
(22)
|
(21)
|
(21)
|
(13)
|
(13)
|
(11)
|
(6)
|
(17)
|
(20)
|
(22)
|
(23)
|
(25)
|
(13)
|
(15)
|
(17)
|
(13)
|
(23)
|
(21)
|
(21)
|
(16)
|
(15)
|
(15)
|
(14)
|
(13)
|
(9)
|
(3)
|
(1)
|
|
Income from Continuing Operations |
58
|
96
|
104
|
110
|
123
|
101
|
103
|
98
|
88
|
85
|
82
|
86
|
92
|
93
|
92
|
92
|
100
|
111
|
114
|
105
|
98
|
87
|
91
|
101
|
116
|
123
|
116
|
131
|
121
|
122
|
131
|
120
|
117
|
102
|
95
|
95
|
85
|
77
|
57
|
(26)
|
(58)
|
|
Income to Minority Interest |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
58
N/A
|
96
+65%
|
104
+8%
|
110
+6%
|
123
+11%
|
101
-18%
|
103
+2%
|
98
-5%
|
89
-10%
|
85
-4%
|
82
-3%
|
86
+5%
|
92
+8%
|
93
+1%
|
92
-1%
|
92
-1%
|
44
-52%
|
57
+31%
|
60
+6%
|
51
-16%
|
106
+108%
|
92
-13%
|
96
+5%
|
105
+10%
|
116
+10%
|
123
+6%
|
116
-6%
|
131
+13%
|
121
-7%
|
122
+1%
|
131
+7%
|
120
-8%
|
117
-2%
|
102
-13%
|
95
-7%
|
95
+0%
|
85
-10%
|
77
-10%
|
57
-27%
|
(26)
N/A
|
(58)
-119%
|
|
EPS (Diluted) |
1.53
N/A
|
2.51
+64%
|
2.7
+8%
|
2.78
+3%
|
3.09
+11%
|
2.57
-17%
|
2.64
+3%
|
2.5
-5%
|
2.31
-8%
|
2.2
-5%
|
2.19
0%
|
2.28
+4%
|
2.46
+8%
|
2.48
+1%
|
2.46
-1%
|
2.44
-1%
|
1.16
-52%
|
1.53
+32%
|
1.6
+5%
|
1.34
-16%
|
2.8
+109%
|
2.42
-14%
|
2.55
+5%
|
2.79
+9%
|
3.07
+10%
|
3.26
+6%
|
3.05
-6%
|
3.43
+12%
|
3.17
-8%
|
3.19
+1%
|
3.41
+7%
|
3.12
-9%
|
3.12
N/A
|
2.7
-13%
|
2.54
-6%
|
2.57
+1%
|
2.32
-10%
|
2.1
-9%
|
1.55
-26%
|
-0.74
N/A
|
-1.64
-122%
|