MEI on NYSE

Methode Electronics

American manufacturing company

Methode Electronics (NYSE: MEI ) is an American multinational company headquartered in Southfield, Michigan, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$1.0BRevenue, fiscal 20265
-$35.7MNet income, fiscal 20265
1946Founded1

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  • TickerMEI on NYSE1
  • Industryelectronics1
  • HeadquartersIllinois1
  • Websitemethode.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address25650 West Eleven Mile Road, Southfiled, Mi 480346
  • Filer categoryAccelerated filer6
  • LEI529900VM413LGLUS3F074
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressc/o THE CORPORATION TRUST COMPANY, CORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 6404184

Methode Electronics (NYSE: MEI ) is an American multinational company headquartered in Southfield, Michigan, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

19.8%Gross margin5
0.9%Operating margin5
-3.5%Net margin5
-2.8%Revenue growth, 20265
-5.3%Return on equity5
0.48×Debt to equity5
$15.6MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Industrial brought in 54% of the revenue Methode Electronics broke down this way in fiscal 2026.

  1. Industrial$583.6M554%up 11% from 2025
  2. Automotive$467.7M543%down 8% from 2025
  3. Interface$27.2M53%down 47% from 2025
Business segments by year
Business segments202420252026
Industrial$493.4M$527.1M$583.6M
Automotive$598.2M$508.9M$467.7M
Interface$53.9M$51.8M$27.2M

Regions

EMEA brought in 22% of the revenue Methode Electronics broke down this way in fiscal 2026.

  1. EMEA$457.6M522%up 10% from 2025
  2. North America$399.5M520%down 15% from 2025
  3. United States$378.3M519%down 15% from 2025
  4. MT$204.2M510%up 1% from 2025
  5. Asia$162.1M58%down 0% from 2025
  6. EG$124.9M56%up 25% from 2025
  7. [China [Member]]$124.3M56%down 1% from 2025
  8. Other Countries$118.4M56%up 1% from 2025
  9. FI$69.1M53%up 19% from 2025
Regions by year
Regions202420252026
EMEA$390.4M$417.3M$457.6M
North America$507.9M$468.2M$399.5M
United States$475.6M$445.2M$378.3M
MT$179.5M$202.0M$204.2M
Asia$216.2M$162.6M$162.1M
EG$73.5M$99.9M$124.9M
[China [Member]]$196.3M$125.9M$124.3M
Other Countries$123.1M$116.9M$118.4M
FI$66.5M$58.2M$69.1M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue78¢$817.0M
  • Research and development4¢$37.5M
  • Selling, general and admin16¢$170.3M
  • Income tax2¢$25.0M

Out of $1.0B in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending59¢$22.4M
  • Dividends paid22¢$8.3M
  • Kept or used elsewhere19¢$7.3M

Out of $38.0M of cash from operations.5

Financial statements

Revenue9101112135$1.0B in 2026+2% since 2019
0$500.0M$1.0B$1.5B2019: $1.0B$1.0B20192020: $1.0B$1.0B2020+2%2021: $1.1B$1.1B2021+6%2022: $1.2B$1.2B2022+7%2023: $1.2B$1.2B2023+1%2024: $1.1B$1.1B2024−6%2025: $1.0B$1.0B2025−6%2026: $1.0B$1.0B2026−3%
Gross profit9101112135$202.2M in 2026−24% since 2019
0$100.0M$200.0M$300.0M2019: $265.8M$265.8M20192020: $282.9M$282.9M2020+6%2021: $274.1M$274.1M2021−3%2022: $264.9M$264.9M2022−3%2023: $264.1M$264.1M2023−0%2024: $178.8M$178.8M2024−32%2025: $163.4M$163.4M2025−9%2026: $202.2M$202.2M2026+24%
Operating income9101112135$8.8M in 2026−92% since 2019
-$200.0M-$100.0M0$100.0M$200.0M2019: $106.8M$106.8M20192020: $147.1M$147.1M2020+38%2021: $127.9M$127.9M2021−13%2022: $111.7M$111.7M2022−13%2023: $90.4M$90.4M2023−19%2024: -$112.0M-$112.0M20242025: -$23.9M-$23.9M2025−79%2026: $8.8M$8.8M2026
Net income9101112135-$35.7M in 2026
-$200.0M-$100.0M0$100.0M$200.0M2019: $91.6M$91.6M20192020: $123.4M$123.4M2020+35%2021: $122.3M$122.3M2021−1%2022: $102.2M$102.2M2022−16%2023: $77.1M$77.1M2023−25%2024: -$123.3M-$123.3M20242025: -$62.6M-$62.6M2025−49%2026: -$35.7M-$35.7M2026−43%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-04-302025-04-302024-04-30
Net sales$1.0B$1.0B$1.1B
Cost of products sold$817.0M$884.7M$935.7M
Gross profit$202.2M$163.4M$178.8M
Selling and administrative expenses$170.3M$163.9M$160.9M
Goodwill impairment$0$0$105.9M
Amortization of intangibles$23.1M$23.4M$24.0M
Income (loss) from operations$8.8M-$23.9M-$112.0M
Interest expense, net$23.3M$22.0M$16.7M
Other expense (income), net-$3.8M$4.2M-$600.0K
Pre-tax income (loss)-$10.7M-$50.1M-$128.1M
Income tax expense (benefit)$25.0M$12.5M-$4.8M
Net income (loss) attributable to Methode-$35.7M-$62.6M-$123.3M
Basic-$1.01-$1.77-$3.48
Diluted-$1.01-$1.77-$3.48
Cash dividends per share$0.22$0.56$0.56

Compare Methode Electronics with another company

Corporate structure

Methode Electronics sits at the top of its group. 47 entities, 15 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Methode Electronics

  • Methode Electronics Chicago, Illinois, United States
    • Montana BidCo Oy Subsidiary · 100% · Pietarsaari, Finland
    • Advanced Molding and Decoration S.A. de C.V. Subsidiary · Mexico
    • Alsentis LLC Subsidiary · Michigan, United States
    • BMAC Limited Subsidiary · United Kingdom
    • Dabir Surfaces, Inc. Subsidiary · Delaware, United States
    • Grakon BMAC Holdings, Limited Subsidiary · United Kingdom
    • Grakon Europe B.V. Subsidiary · Netherlands
    • Grakon Hamsar Holdings, Ltd. Subsidiary · Canada
    • Grakon International (Hong Kong), Ltd. Subsidiary · Hong Kong
    • Grakon Mexico, S.A. de C.V. Subsidiary · Mexico
    • Grakon Vehicle Components (Donggaun) Co., Ltd. Subsidiary · China
    • Grakon, LLC Subsidiary · Delaware, United States
    • Hetronic International, Inc. Subsidiary · Delaware, United States
    • Hetronic Italy S.R.L. Subsidiary · Italy
    • Hetronic Swiss AG Subsidiary · Switzerland
    • Hetronic USA, Inc. Subsidiary · Delaware, United States
    • IRU Resources S.A. De C.V. Subsidiary · Mexico
    • KBA, Inc. Subsidiary · Delaware, United States
    • M Aviation LLC Subsidiary · Delaware, United States
    • M Aviation Real Estate LLC Subsidiary · Delaware, United States
    • M Real Estate, LLC Subsidiary · Delaware, United States
    • Methode Development Company Subsidiary · Delaware, United States
    • Methode Electronics (Shanghai) Co. Ltd. Subsidiary · China
    • Methode Electronics (Suzhou) Co. Ltd. Subsidiary · China
    • Methode Electronics Asia Pte, Ltd. Subsidiary · Singapore
    • and 21 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Methode Electronics reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$593.8M5 May 2, 2026$580.0M5 May 3, 2025+2.4%
Accumulated depreciation$384.5M5 May 2, 2026$358.4M5 May 3, 2025+7.3%
Property and equipment, net$209.3M5 May 2, 2026$221.6M5 May 3, 2025−5.6%
Finance-lease assets$400.0K5 May 2, 2026$500.0K5 May 3, 2025−20.0%
Operating-lease assets (leased space)$20.5M5 May 2, 2026$23.7M5 May 3, 2025−13.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$139.6M5 May 2, 2026$103.6M5 May 3, 2025+34.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$174.9M5 May 2, 2026$172.7M5 May 3, 2025+1.3%
Intangible assets, net (excluding goodwill)$218.9M5 May 2, 2026$238.4M5 May 3, 2025−8.2%
Finite-lived intangibles, gross$393.0M5 May 2, 2026$388.3M5 May 3, 2025+1.2%
Accumulated amortization$175.9M5 May 2, 2026$151.7M5 May 3, 2025+16.0%
Finite-lived intangibles, net$217.1M5 May 2, 2026$236.6M5 May 3, 2025−8.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$178.7M5 May 2, 2026$194.1M5 May 3, 2025−7.9%
Raw materials$129.8M5 May 2, 2026$158.0M5 May 3, 2025−17.8%
Work in process$22.9M5 May 2, 2026$20.7M5 May 3, 2025+10.6%
Finished goods$52.9M5 May 2, 2026$44.3M5 May 3, 2025+19.4%

Properties, in its own words

Our corporate headquarters is located in Southfield, Michigan. As of May 2, 2026, we leased or owned 30 operating facilities. We believe our facilities are in good condition and adequate to meet our current and reasonably anticipated future needs. The following table provides details regarding our significant properties as of May 2, 2026:

Location · Segment(s) · Use · Owned/Leased · ApproximateSquare Footage

The rest of Item 2

Lontzen, Belgium · Automotive and Industrial · Manufacturing and Warehousing · Owned · 135,500

Dongguan, China · Automotive and Industrial · Manufacturing · Leased · 324,000

Shanghai, China · Automotive and Industrial · Manufacturing · Leased · 50,000

Suzhou, China · Automotive and Industrial · Manufacturing · Leased · 376,000

Cairo, Egypt · Automotive and Industrial · Manufacturing · Leased · 330,000

McAllen, Texas · Automotive, Industrial and Interface · Warehousing · Leased · 230,000

Mriehel, Malta · Automotive and Industrial · Manufacturing · Leased · 383,000

Monterrey, Mexico · Automotive, Industrial and Interface · Manufacturing · Leased · 379,000

Santa Catarina Nuevo Léon, Mexico · Automotive · Manufacturing · Leased · 158,000

Southfield, Michigan · Other · Corporate Headquarters · Owned · 63,000

Item 2 of the 10-K filed Jun 24, 2026.19

Leadership

Who has led Methode Electronics, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (47)

Products and brands

  • electronic component

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Advanced Molding and Decoration S.A. de C.V. Mexico7
  • Alsentis LLC Michigan7
  • BMAC Limited United Kingdom7
  • Dabir Surfaces, Inc. Delaware7
  • Grakon BMAC Holdings, Limited United Kingdom7
  • Grakon Europe B.V. Netherlands7
  • Grakon Hamsar Holdings, Ltd. Canada7
  • Grakon International (Hong Kong), Ltd. Hong Kong7
  • Grakon Mexico, S.A. de C.V. Mexico7
  • Grakon Vehicle Components (Donggaun) Co., Ltd. China7
  • Grakon, LLC Delaware7
  • Hetronic International, Inc. Delaware7
  • Hetronic Italy S.R.L. Italy7
  • Hetronic Swiss AG Switzerland7
  • Hetronic USA, Inc. Delaware7
  • IRU Resources S.A. De C.V. Mexico7
  • KBA, Inc. Delaware7
  • M Aviation LLC Delaware7
  • M Aviation Real Estate LLC Delaware7
  • M Real Estate, LLC Delaware7
  • Methode Development Company Delaware7
  • Methode Electronics (Shanghai) Co. Ltd. China7
  • Methode Electronics (Suzhou) Co. Ltd. China7
  • Methode Electronics Asia Pte, Ltd. Singapore7
All 46 listed subsidiaries
  • Methode Electronics India, Private Ltd. India7
  • Methode Electronics International GmbH Germany7
  • Methode Electronics Malta Holdings Ltd. Malta7
  • Methode Electronics Malta Ltd. Malta7
  • Methode Electronics Malta Mriehel Limited Malta7
  • Methode Electronics Mediterranean Company Ltd. Malta7
  • Methode Electronics U.K. Ltd. United Kingdom7
  • Methode Malta American Financial Co Ltd. Malta7
  • Methode Malta European Financial Co Ltd. Malta7
  • Methode Mexico, S.A. de C.V. Mexico7
  • Methode Power Solutions Group (Mexico), S.A. de C.V. Mexico7
  • Methode Surface Treatment (Zhenjiang), Co., Ltd. China7
  • Montana Bidco Oy Finland7
  • Nordic Lights Oy Finland7
  • Pacific Insight Electronics Corp. Canada7
  • Pacific Insight Electronics USA Corp. Michigan7
  • Pacific Insight Mexico S.A. de C.V. Mexico7
  • Proco-Immo S.A. Belgium7
  • Procoplast S.A. Belgium7
  • TouchSensor Technologies, L.L.C. Delaware7
  • Translec Limited United Kingdom7
  • Universal Resources de Mexico, S.A. de C.V. Mexico7

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

In 1962, Methode acquired Carter Precision Electric Co., Inc., expanding its position into automotive controls and switches.

In October 2017, Methode acquired Pacific Insight Electronics Corp., a Canada-based designer and manufacturer of automotive and commercial vehicle lighting and electronics.

The transaction, valued at approximately US $114 million, expanded Methode’s position with North American OEMs and added development resources and manufacturing capacity in Canada and Mexico.

On August 20, 2018, Methode announced it had entered a definitive agreement to acquire Grakon Parent, Inc., a global supplier of interior and exterior lighting systems, controls, and trim components for commercial vehicle OEMs, including heavy truck, bus, rail, and powersports manufacturers. The acquisition closed later in 2018 at a purchase price of approximately US $420 million, representing Methode’s largest acquisition to date and significantly expanding its footprint in the heavy-duty and specialty vehicle lighting market.

From Wikipedia’s article on Methode Electronics, shared under CC BY-SA 4.0.8

Former names

  • METHODE ELECTRONICS INCFeb 14, 1994 to Oct 5, 20266

Timeline

  1. Sep 25, 20268-K Executive or director change77
  2. Sep 17, 20268-K Executive or director change; Shareholder vote78
  3. Sep 2, 20268-K Results of operations79
  4. Jun 24, 20268-K Results of operations80
  5. May 15, 20268-K Other events81
  6. Mar 5, 20268-K Results of operations82
  7. Dec 18, 20258-K Executive or director change83
  8. Dec 3, 20258-K Results of operations84
  9. Sep 18, 20258-K Shareholder vote85
  10. Sep 11, 20258-K Executive or director change86
  11. Sep 9, 20258-K Results of operations87
  12. Aug 12, 20258-K Executive or director change88
  13. Jul 15, 2024New chief executive Jonathan B. Degaynor becomes CEO22
  14. May 16, 2024New chief executive Kevin J. Nystrom becomes CEO21
  15. Jan 30, 2024New chief executive Avinash Avula becomes CEO20
  16. Jun 22, 2004New chief executive Donald W. Duda becomes CEO23
  17. 1946Founded Founded1

Calendar

Coming up

  1. Dec 2, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported ($0.19) a share, on Dec 3, 2025.89

When it reported results

  1. Sep 2, 2026Reported quarterly or annual results79
  2. Jun 24, 2026Reported quarterly or annual results80
  3. Mar 5, 2026Reported quarterly or annual results82
  4. Dec 3, 2025Reported quarterly or annual results84
  5. Sep 9, 2025Reported quarterly or annual results87
  6. Jul 9, 2025Reported quarterly or annual results90
  7. Mar 5, 2025Reported quarterly or annual results91
  8. Dec 5, 2024Reported quarterly or annual results92

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

386 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 48 major events, 256 insider forms, 31 large holders, 31 other. The latest 20:

  1. Oct 5, 20264 EDGAR
  2. Sep 25, 20268-K EDGAR
  3. Sep 24, 20264 EDGAR
  4. Sep 24, 20264 EDGAR
  5. Sep 24, 20264 EDGAR
  6. Sep 24, 20264 EDGAR
  7. Sep 24, 20264 EDGAR
  8. Sep 24, 20264 EDGAR
  9. Sep 24, 20264 EDGAR
  10. Sep 24, 20264 EDGAR
  11. Sep 24, 20264 EDGAR
  12. Sep 24, 20264 EDGAR
  13. Sep 24, 20264 EDGAR
  14. Sep 24, 20264 EDGAR
  15. Sep 17, 20268-K EDGAR
  16. Sep 16, 2026S-8 EDGAR
  17. Sep 14, 20264 EDGAR
  18. Sep 3, 20264 EDGAR
  19. Sep 2, 202610-Q EDGAR
  20. Sep 2, 20268-K EDGAR

The 386 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

18 open-market trades by officers, directors and large owners since October 2021: 6 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 14, 2025Ullrich LarsSVP Global Automotive BusinessBuy15,150$6.69$101.4KForm 4
Mar 11, 2025DeGaynor Jonathan BCEO and PresidentBuy32,733$6.46$211.4KForm 4
Sep 23, 2024LINDSEY MARY ADirectorBuy8,800$11.38$100.1KForm 4
Sep 18, 2024Blom David PDirectorBuy9,320$10.81$100.7KForm 4
Sep 21, 2023DUDA DONALD WChief Executive OfficerBuy23,245$21.80$506.6KForm 4
Sep 20, 2023ASPATORE WALTER JDirectorBuy1,000$22.50$22.5KForm 4
Dec 12, 2022DUDA DONALD WChief Executive OfficerSale7,246$47.17$341.8KForm 4
Dec 9, 2022SKATOFF LAWRENCE BDirectorSale2,000$46.90$93.8KForm 4
Dec 8, 2022Cadwallader Brian JDirectorSale2,200$46.80$103.0KForm 4
Dec 8, 2022DUDA DONALD WChief Executive OfficerSale3,004$47.02$141.2KForm 4
Dec 7, 2022DUDA DONALD WChief Executive OfficerSale29,750$47.17$1.4MForm 4
Dec 6, 2022ASPATORE WALTER JDirectorSale9,000$48.67$438.0KForm 4
Dec 6, 2022Dawson DarrenDirectorSale3,500$48.14$168.5KForm 4
Sep 19, 2022Khoury Joseph EliasChief Operating OfficerSale12,000$38.50$462.0KForm 4
Jun 28, 2022Khoury Joseph EliasChief Operating OfficerSale8,000$38.55$308.4KForm 4
Dec 17, 2021SKATOFF LAWRENCE BDirectorSale800$44.89$35.9KForm 4
Dec 6, 2021Khoury Joseph EliasChief Operating OfficerSale20,000$45.45$909.0KForm 4
Oct 1, 2021SKATOFF LAWRENCE BDirectorSale1,955$42.66$83.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Jonathan DeGaynorPresident and Chief Executive Officer$1.0M$8.1M101
2026Laura KowalchikChief Financial Officer$611.0K$2.5M101
2026Lars UllrichSenior Vice President, Global Automotive Business$495.8K$2.0M101
2026Kerry VyverbergGeneral Counsel$459.8K$1.9M101
2026John ErwinChief Procurement and EHS Officer$432.8K$1.5M101
2025Jonathan DeGaynorPresident and Chief Executive Officer$788.5K$5.7M101
2025Laura KowalchikChief Financial Officer$343.8K$2.7M101
2025Lars UllrichSenior Vice President, Global Automotive Business$191.8K$1.1M101
2025John ErwinChief Procurement and EHS Officer$276.2K$943.6K101
2025Kerry VyverbergGeneral Counsel$443.9K$711.1K101
2024Kerry VyverbergGeneral Counsel$425.5K$596.5K101

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.3,464,774$65.7M0.0%−325,891
Ameriprise Financial Inc1,870,511$35.5M0.0%−108,770
AIGH Capital Management LLC1,678,409$31.8M2.9%New
Vanguard Capital Management LLC1,505,404$28.6M0.0%−2,497
Vanguard Portfolio Management LLC1,432,391$27.2M0.0%+20,926
Federated Hermes, Inc.1,353,621$25.7M0.0%−216,754
Dimensional Fund Advisors LP1,328,497$25.2M0.0%−23,465
Aqr Capital Management LLC1,266,388$24.0M0.0%+248,669
American Century Companies Inc1,251,002$23.7M0.0%+302,241
Charles Schwab Investment Management Inc974,384$18.5M0.0%−278,739
Geode Capital Management, LLC908,696$17.2M0.0%+97,642
ACK Asset Management LLC877,500$16.6M1.9%New
IES Holdings, Inc.865,768$16.4M5.3%New
Driehaus Capital Management LLC852,786$16.2M0.1%New
State Street Corp717,280$13.6M0.0%−8,729
Towle & Co645,605$12.2M4.1%−73,242
Two Sigma Investments, LP629,659$11.9M0.0%−70,290
Hotchkis & Wiley Capital Management LLC627,323$11.9M0.0%−226,080
Empowered Funds, LLC626,350$11.9M0.1%−5,996
Congruence Capital, LLC441,582$8.4M2.2%New
D. E. Shaw & Co., Inc.425,066$8.1M0.0%−192,907
Northern Trust Corp321,691$6.1M0.0%+32,247
Bank of New York Mellon Corp275,836$5.2M0.0%−7,156
Deutsche Bank Ag\262,646$5.0M0.0%+240,731
Sei Investments Co248,378$4.7M0.0%−217,595

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Methode Electronics is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMETHODE ELECTRONICS INC2
  • CIK0000065270
  • Employer ID (EIN)36-209008519
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inDelaware19
  • Fiscal year endsMay 32
  • Industry code (SIC)3678 Electronic Connectors2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address25650 West Eleven Mile Road, Southfiled, MI 480342
  • Phone70886767772
  • Shares outstanding35,645,053 as of Aug 31, 202616
  • Public float$237.7M as of Nov 1, 202519
  • AuditorErnst & Young LLP, Detroit, Michigan PCAOB ID 42; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceFeb 14, 19942
  • Filings1,597 in all: 4 (742), 8-K (247), SC 13G/A (118), 10-Q (95), 3 (40), 4/A (36), DEF 14A (33), 10-K (32)2
    All 52 form types

    SC 13G (32), DEFA14A (27), 11-K (25), SD (13), 5 (12), UPLOAD (11), CORRESP (10), S-8 (10), SC TO-T/A (10), ARS (9), SC 13E3/A (9), SC TO-C (9), PRER14A (8), SC 13D/A (8), SC 14D9/A (7), 10-Q/A (5), S-3 (4), S-8 POS (4), SCHEDULE 13G/A (4), 10-K/A (3), 8-K/A (3), PRE 14A (3), 15-12G (2), 8-A12G (2), 8-A12G/A (2), SC 13D (2), SC 14D9 (2), SCHEDULE 13G (2), 10-C (1), 25 (1), 25-NSE (1), 3/A (1), 424B3 (1), 5/A (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), DEFR14A (1), POS AM (1), PREM14A (1), S-3/A (1), SC 13E3 (1), SC TO-T (1), SC14D9C (1)

  • Latest filingsAnnual report (10-K) Jun 24, 2026
    Quarterly report (10-Q) Sep 2, 2026
    Proxy statement (DEF 14A) Jul 31, 2026
    Latest 8-K (8-K) Sep 25, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.50 Par ValueMEINew York Stock Exchange

From the cover page of the 10-K filed Jun 24, 2026 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Methode Electronics names in Item 1A of its 10-K filed Jun 24, 2026: 40 risks under these headings, as written.19

  • Operational and Industry Risks
  • We are susceptible to trends and factors affecting the automotive, commercial vehicle, data center and construction industries.
  • Our inability, or our customers’ inability, to effectively manage the timing, quality and cost of new program launches could adversely affect our financial performance.
  • Changes in EV demand have affected and could continue to affect our business.
  • We manage our business based on projected future sales volume, which is highly dependent on information received from customers and third-party market data, and any inaccuracies or changes in such information could adversely affect our business, results of operations and financial condition.
  • Our customers may cancel their orders, change production quantities (take rates) or locations or delay production.
  • We operate our business on a global basis and changes to trade policy, including tariffs and customs regulations, could have a material and adverse effect on our business.
  • The potential expiration, renegotiation, or modification of the United States–Mexico–Canada Agreement (USMCA) could adversely affect our business, financial condition and results of operations.
  • Our inability to attract or retain key employees and a highly skilled workforce may have an adverse effect on our business, financial condition and results of operations.
  • Our business, financial condition and results of operations may be adversely affected by inflationary pressures.
  • We are dependent on the availability and price of raw materials.
  • The loss or insolvency of our major customers, or a significant decline in the volume of products purchased by these customers, would adversely affect our future results.
The other 29 risks
  • The inability of our supply chain, or the supply chain of our customers, to deliver key components could materially adversely affect our business, financial condition and results of operations and cause us to incur significant cost increases.
  • The global nature of our operations subjects us to political, economic and social risks that could adversely affect our business, financial condition and results of operations.
  • Escalation of geopolitical tensions or military conflict involving the United States, Israel, and Iran, or in the broader Middle East, could adversely affect our business, results of operations, and financial condition.
  • A catastrophic event or other significant business interruption at any of our facilities could adversely affect our business, financial condition and results of operations.
  • Future price reductions and increased quality standards may reduce our profitability and have a material adverse effect on our business, financial condition and results of operations.
  • Our businesses and the markets in which we operate are highly competitive and constantly evolving. If we are unable to compete effectively, our sales and profitability could decline.
  • Our ability to market our automotive and commercial vehicle products is subject to a lengthy sales cycle, which requires significant investment prior to reporting significant sales revenues, and there is no assurance that our products will be implemented in any particular vehicle.
  • Our supply agreements with our OEM customers do not contain guaranteed volumes, and a decline in the production requirements of any of our customers, and in particular our largest customers, could adversely affect our revenues and profitability.
  • Our business may be adversely affected by our exposure to the data center market, which is subject to rapid technological change, customer concentration, and cyclical demand.
  • Part of our workforce is unionized which could subject us to work stoppages.
  • Our inability to capitalize on prior or future acquisitions or any decision to strategically divest one or more current businesses may adversely affect our business, financial condition and results of operations.
  • Financial Risks
  • We have incurred indebtedness, and our level of indebtedness and restrictions under our indebtedness could adversely affect our operations and liquidity and impair our ability to respond to changing business and economic conditions.
  • Any breach or violation of any of the covenants or other restrictions in our senior secured credit agreement, or any other debt arrangement, could result in an event of default and give the lenders the right to accelerate the indebtedness thereunder or exercise other remedies that could have a material adverse effect on our liquidity and our business, financial condition and results of operations.
  • Variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase.
  • Restructuring activities may lead to additional costs and material adverse effects.
  • We have recorded a significant amount of long-lived assets, goodwill, and other intangible assets, which may become impaired in the future. Future impairment of these assets could have a material adverse effect on our financial condition and results of operations.
  • We have risks associated with inventory.
  • A significant fluctuation between the U.S. dollar and other currencies could adversely affect our business, results of operations and financial condition.
  • Changes in our effective tax rate may adversely affect our results of operations.
  • Our judgments regarding the accounting for tax positions and the resolution of tax disputes may affect our results of operations and financial condition.
  • The value of our deferred tax assets may not be realized, which could materially and adversely affect our financial position and operating results.
  • Legal, Regulatory and Compliance Risks
  • We are, and in the future may be, subject to securities class action and other litigation, which may harm our business and results of operations.
  • We have been, and in the future may be, subject to government investigations and inquiries which may harm our business and results of operations.
  • Products we manufacture may contain design or manufacturing defects that could result in reduced demand for our products or services and warranty liability claims against us.
  • We are subject to government regulations, including EHS laws and regulations, that expose us to potential financial liability.
  • An emphasis on environmental matters by various stakeholders could adversely affect our business and results of operations.
  • Technology and Intellectual Property Risks
  • Our operations could be negatively affected by IT service interruptions, data corruption or misuse, cyber-based attacks, or network security breaches.
  • We may be unable to keep pace with rapid technological changes, which could adversely affect our business, financial condition and results of operations.
  • If we are unable to protect our intellectual property or we infringe, or are alleged to infringe, on another person’s intellectual property, our competitive position and results of operations may be adversely affected.

Legal proceedings

From time to time, we have and may become involved in various litigation matters, including administrative proceedings, regulatory proceedings, environmental matters, and commercial disputes. See Note 12, “Commitments and Contingencies” to the consolidated financial statements in this Annual Report for a description of certain of our pending legal proceedings. The effect and outcome of litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that could harm our business.

The opening of Item 3, Legal Proceedings.19

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