METHODE ELECTRONICS INC (MEI)
Information Technology · Specialized electronics and connector solutions for automotive and industrial OEMs · NYSE
Methode Electronics designs and manufactures custom mechatronic power distribution, lighting, and interface solutions for automotive, industrial, and data center OEMs globally.
What METHODE ELECTRONICS INC does
Methode Electronics is a global supplier of custom engineered mechatronic solutions and components for OEMs and tiered suppliers across mobility, industrial, and commercial markets. The company designs, engineers, and manufactures power distribution systems (busbars, smart connect systems, battery disconnect units), user interface components, LED lighting solutions, and sensor applications across three operating segments: Automotive, Industrial, and Interface. Products serve transportation (automotive, commercial vehicles, e-bikes, aerospace, rail), cloud computing and data center infrastructure, and construction equipment markets.
Themes: ["Automotive electrification and EV power distribution","Data center and cloud infrastructure","Power distribution and management","Lighting and sensor solutions","User interface technology"]
Fundamentals
- Price$15.65 as of 2026-07-09 close
- Market cap$562M as of 2026-07-10
- 1-year return+52.1% as of 2026-07-09 close
- Net margin-3.5% as of 2026-07-10
- Gross margin+19.9% as of 2026-07-10
- ROE-5.3% as of 2026-07-10
- Debt / equity0.48 as of 2026-07-10
- Revenue growth (YoY)-2.8% as of 2026-07-10
- Revenue CAGR (3y)-4.8% SEC XBRL
- Beta1.52 as of 2026-07-10
Dividend: yield +1.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue decline of -2.76% YoY with negative net margin of -3.5%, indicating current operational challenges and unprofitability despite 52% stock price appreciation","Supply chain dependencies on multiple sourced materials (ASICs, capacitors, resistors, copper, aluminum, precious metals) with concentration risk in single suppliers despite stated diversification","Portfolio contraction including divestiture of dataMate business, wind-down of consumer appliance business, and prior discontinuation of Dabir Surfaces medical device segment, signaling strategic portfolio challenges"]
Competitors & peers
- TE Connectivity (TEL)
- Amphenol (APH)
- Corning (GLW)
- Molex (subsidiary of Koch Industries)
- Carlisle Companies (CSL)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.