Methode Electronics, Inc.

NYSE MEI

Methode Electronics, Inc. Revenue for the Trailing 12 Months (TTM) ending November 02, 2024: USD 1.09 B

Methode Electronics, Inc. Revenue is USD 1.09 B for the Trailing 12 Months (TTM) ending November 02, 2024, a -6.13% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Methode Electronics, Inc. Revenue for the Trailing 12 Months (TTM) ending October 28, 2023 was USD 1.16 B, a -1.66% change year over year.
  • Methode Electronics, Inc. Revenue for the Trailing 12 Months (TTM) ending October 29, 2022 was USD 1.18 B, a -0.08% change year over year.
  • Methode Electronics, Inc. Revenue for the Trailing 12 Months (TTM) ending October 30, 2021 was USD 1.18 B, a 19.37% change year over year.
  • Methode Electronics, Inc. Revenue for the Trailing 12 Months (TTM) ending October 31, 2020 was USD 988.20 M, a -5.01% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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NYSE: MEI

Methode Electronics, Inc.

CEO Mr. Jonathan B. DeGaynor
IPO Date Oct. 20, 1982
Location United States
Headquarters 8750 West Bryn Mawr Avenue
Employees 7,500
Sector Consumer Discretionary
Industries
Description

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.

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StockViz Staff

January 15, 2025

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