Methode Historical Income Statement

MEI Stock  USD 12.18  0.40  3.40%   
Historical analysis of Methode Electronics income statement accounts such as Gross Profit of 318.9 M can show how well Methode Electronics performed in making a profits. Evaluating Methode Electronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Methode Electronics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Methode Electronics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Methode Electronics is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.

About Methode Income Statement Analysis

Methode Electronics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Methode Electronics shareholders. The income statement also shows Methode investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Methode Electronics Income Statement Chart

Methode Electronics Income Statement is one of the three primary financial statements used for reporting Methode's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Methode Electronics revenue and expense. Methode Electronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Methode Electronics' Gross Profit is increasing as compared to previous years. The Methode Electronics' current Other Operating Expenses is estimated to increase to about 1.3 B, while EBIT is projected to decrease to under 55.1 M.

Total Revenue

Total revenue comprises all receipts Methode Electronics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Methode Electronics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Methode Electronics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Methode Electronics income statement and represents the costs associated with goods and services Methode Electronics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Methode Electronics financial statement analysis. It represents the amount of money remaining after all of Methode Electronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Methode Electronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Methode Electronics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.As of now, Methode Electronics' Gross Profit is increasing as compared to previous years. The Methode Electronics' current Other Operating Expenses is estimated to increase to about 1.3 B, while EBIT is projected to decrease to under 55.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit264.9M264.1M303.7M318.9M
Total Revenue1.2B1.2B1.4B1.4B

Methode Electronics income statement Correlations

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0.950.70.840.790.80.510.420.690.840.840.49-0.020.550.020.760.770.350.540.490.55-0.570.59-0.71
Click cells to compare fundamentals

Methode Electronics Account Relationship Matchups

Methode Electronics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization60M63.7M62.9M51.9M59.7M62.7M
Interest Expense10.1M5.2M3.5M2.7M3.1M3.3M
Total Revenue1.0B1.1B1.2B1.2B1.4B1.4B
Gross Profit282.9M274.1M264.9M264.1M303.7M318.9M
Other Operating Expenses876.8M960.1M1.1B1.1B1.3B1.3B
Operating Income147.1M127.9M111.7M90.4M104.0M109.2M
Ebit147.1M127.9M111.7M90.4M104.0M55.1M
Ebitda207.1M191.6M174.6M142.3M163.6M171.8M
Cost Of Revenue741M813.9M898.7M915.5M1.1B1.1B
Total Operating Expenses135.8M146.2M153.2M173.7M199.8M209.7M
Income Before Tax148.7M134.9M118.5M90.1M103.6M108.8M
Total Other Income Expense Net1.6M7M6.8M(300K)(270K)(283.5K)
Net Income123.4M122.3M102.2M77.1M88.7M93.1M
Income Tax Expense25.3M12.6M16.3M13M15.0M11.7M
Selling General Administrative116.7M126.9M134.1M154.9M178.1M187.0M
Research Development34.9M37.1M35.7M35M40.3M28.6M
Net Income Applicable To Common Shares123.4M122.3M102.2M77.1M88.7M58.7M
Selling And Marketing Expenses115M142M116K126M144.9M87.1M
Net Income From Continuing Ops123.4M122.3M102.2M77.1M88.7M91.4M
Tax Provision25.3M12.6M16.3M13M11.7M14.8M
Interest Income13.2M4.9M1.6M2.7M3.1M4.5M
Net Interest Income(10.1M)(5.2M)(3.5M)(2.7M)(2.4M)(2.6M)
Reconciled Depreciation48.3M51.5M52.6M49.5M56.9M46.8M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Methode Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Methode Electronics' short interest history, or implied volatility extrapolated from Methode Electronics options trading.

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When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.
Note that the Methode Electronics information on this page should be used as a complementary analysis to other Methode Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Methode Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methode Electronics. If investors know Methode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methode Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Dividend Share
0.56
Earnings Share
(1.63)
Revenue Per Share
31.999
Quarterly Revenue Growth
(0.07)
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.