Methode Electronics
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Methode Electronics's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $1,114,500,000. Profit margin reached -11%. Total operating expenses were $292,500,000.
Profit Margin
| 2015 | 881.1M | 101.1M | 11.47% |
|---|---|---|---|
| 2016 | 809.1M | 84.6M | 10.46% |
| 2017 | 816.5M | 92.9M | 11.38% |
| 2018 | 908.3M | 57.2M | 6.3% |
| 2019 | 1.00B | 91.6M | 9.16% |
| 2020 | 1.02B | 123.4M | 12.05% |
| 2021 | 1.08B | 122.3M | 11.24% |
| 2022 | 1.16B | 102.2M | 8.78% |
| 2023 | 1.17B | 77.1M | 6.54% |
| 2024 | 1.11B | -123.3M | -11.06% |
MEI Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.11B | 1.17B | 1.16B | 1.08B | 1.02B | 1.00B | 908.3M | 816.5M | 809.1M | 881.1M |
Cost of revenue | 935.7M | 915.5M | 898.7M | 813.9M | 741M | 734.5M | 668.7M | 598.2M | 596.2M | 662.3M |
Gross profit | 178.8M | 264.1M | 264.9M | 274.1M | 282.9M | 265.8M | 239.6M | 218.3M | 212.9M | 218.8M |
Operating exp. | ||||||||||
Research and development | 49.1M | 35M | 35.7M | 37.1M | 34.9M | 41.2M | 37.9M | 27.8M | 27.8M | 24.5M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 292.5M | 173.7M | 153.2M | 146.2M | 135.8M | 159M | 121.3M | 107.5M | 103.2M | 95.5M |
Operating income | -112M | 90.4M | 111.7M | 127.9M | 147.1M | 106.8M | 118.3M | 110.8M | 109.7M | 112.2M |
Other income (expenses), net | -16.1M | -300K | 6.8M | 7M | 1.6M | 5.1M | 6.4M | 5.1M | 500K | 8.6M |
Income before tax | -128.1M | 90.1M | 118.5M | 134.9M | 148.7M | 103.6M | 123.8M | 115.9M | 110.9M | 120.8M |
Income tax expense | -4.8M | 13M | 16.3M | 12.6M | 25.3M | 12M | 66.6M | 23M | 26.3M | 19.8M |
Net income | -123.3M | 77.1M | 102.2M | 122.3M | 123.4M | 91.6M | 57.2M | 92.9M | 84.6M | 101.1M |
Earnings per share | ||||||||||
Basic EPS | -3.48 | 2.14 | 2.74 | 3.22 | 3.28 | 2.45 | 1.53 | 2.49 | 2.21 | 2.61 |
Diluted EPS | -3.48 | 2.1 | 2.7 | 3.19 | 3.26 | 2.43 | 1.52 | 2.48 | 2.2 | 2.57 |
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