Methode Historical Income Statement

MEI Stock

USD 12.57 0.05 0.40%

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.

Net Income Gross Profit

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 Gross Profit Other Operating Expenses Operating Income

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Methode Electronics minus its cost of goods sold. It is profit before Methode Electronics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Methode Electronics. It is also known as Methode Electronics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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.

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 Profit	264.9M	264.1M	303.7M	318.9M
Total Revenue	1.2B	1.2B	1.4B	1.4B

Gross Profit Total Revenue

Methode Electronics income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.7	0.9	0.86	0.89	0.65	0.54	0.83	0.9	0.9	0.63	0.01	0.69	0.05	0.74	0.73	0.31	0.71	0.56	0.69	-0.48	0.6	-0.71	0.95
Interest Expense	0.7		0.51	0.63	0.47	0.59	0.53	0.65	0.46	0.54	0.55	0.04	0.6	0.08	0.33	0.67	-0.06	0.59	0.42	0.46	-0.06	0.96	-1.0	0.7
Total Revenue	0.9	0.51		0.95	0.97	0.7	0.58	0.85	0.99	0.96	0.68	-0.2	0.69	0.16	0.78	0.71	0.47	0.7	0.68	0.84	-0.54	0.41	-0.5	0.84
Gross Profit	0.86	0.63	0.95		0.88	0.87	0.74	0.93	0.91	0.89	0.84	-0.2	0.77	0.36	0.71	0.78	0.41	0.76	0.76	0.91	-0.41	0.54	-0.61	0.79
Other Operating Expenses	0.89	0.47	0.97	0.88		0.63	0.55	0.82	0.98	0.98	0.61	-0.13	0.65	0.09	0.7	0.66	0.5	0.69	0.65	0.81	-0.53	0.37	-0.46	0.8
Operating Income	0.65	0.59	0.7	0.87	0.63		0.92	0.94	0.64	0.6	1.0	-0.07	0.88	0.5	0.47	0.68	0.22	0.87	0.77	0.91	-0.08	0.53	-0.58	0.51
Ebit	0.54	0.53	0.58	0.74	0.55	0.92		0.89	0.51	0.49	0.93	-0.13	0.84	0.46	0.31	0.66	0.29	0.85	0.82	0.88	-0.03	0.43	-0.51	0.42
Ebitda	0.83	0.65	0.85	0.93	0.82	0.94	0.89		0.8	0.78	0.94	-0.14	0.89	0.35	0.59	0.72	0.31	0.91	0.81	0.94	-0.23	0.56	-0.63	0.69
Cost Of Revenue	0.9	0.46	0.99	0.91	0.98	0.64	0.51	0.8		0.96	0.62	-0.19	0.65	0.1	0.78	0.67	0.48	0.67	0.64	0.79	-0.57	0.36	-0.45	0.84
Total Operating Expenses	0.9	0.54	0.96	0.89	0.98	0.6	0.49	0.78	0.96		0.57	-0.12	0.57	0.15	0.69	0.73	0.52	0.61	0.6	0.77	-0.56	0.44	-0.53	0.84
Income Before Tax	0.63	0.55	0.68	0.84	0.61	1.0	0.93	0.94	0.62	0.57		-0.07	0.88	0.51	0.45	0.65	0.22	0.87	0.79	0.91	-0.08	0.48	-0.54	0.49
Total Other Income Expense Net	0.01	0.04	-0.2	-0.2	-0.13	-0.07	-0.13	-0.14	-0.19	-0.12	-0.07		-0.09	0.03	-0.38	0.16	0.08	-0.06	-0.22	-0.23	-0.09	-0.02	-0.09	-0.02
Net Income	0.69	0.6	0.69	0.77	0.65	0.88	0.84	0.89	0.65	0.57	0.88	-0.09		0.03	0.48	0.53	0.18	0.99	0.68	0.82	-0.02	0.52	-0.57	0.55
Income Tax Expense	0.05	0.08	0.16	0.36	0.09	0.5	0.46	0.35	0.1	0.15	0.51	0.03	0.03		0.05	0.4	0.13	0.03	0.43	0.4	-0.11	0.06	-0.1	0.02
Selling General Administrative	0.74	0.33	0.78	0.71	0.7	0.47	0.31	0.59	0.78	0.69	0.45	-0.38	0.48	0.05		0.37	0.19	0.45	0.36	0.52	-0.35	0.29	-0.32	0.76
Research Development	0.73	0.67	0.71	0.78	0.66	0.68	0.66	0.72	0.67	0.73	0.65	0.16	0.53	0.4	0.37		0.55	0.54	0.65	0.69	-0.55	0.53	-0.7	0.77
Selling And Marketing Expenses	0.31	-0.06	0.47	0.41	0.5	0.22	0.29	0.31	0.48	0.52	0.22	0.08	0.18	0.13	0.19	0.55		0.22	0.42	0.48	-0.64	-0.28	0.05	0.35
Net Income From Continuing Ops	0.71	0.59	0.7	0.76	0.69	0.87	0.85	0.91	0.67	0.61	0.87	-0.06	0.99	0.03	0.45	0.54	0.22		0.69	0.84	-0.04	0.5	-0.56	0.54
Non Operating Income Net Other	0.56	0.42	0.68	0.76	0.65	0.77	0.82	0.81	0.64	0.6	0.79	-0.22	0.68	0.43	0.36	0.65	0.42	0.69		0.82	-0.41	0.31	-0.41	0.49
Non Recurring	0.69	0.46	0.84	0.91	0.81	0.91	0.88	0.94	0.79	0.77	0.91	-0.23	0.82	0.4	0.52	0.69	0.48	0.84	0.82		-0.23	0.36	-0.44	0.55
Tax Provision	-0.48	-0.06	-0.54	-0.41	-0.53	-0.08	-0.03	-0.23	-0.57	-0.56	-0.08	-0.09	-0.02	-0.11	-0.35	-0.55	-0.64	-0.04	-0.41	-0.23		0.06	0.11	-0.57
Interest Income	0.6	0.96	0.41	0.54	0.37	0.53	0.43	0.56	0.36	0.44	0.48	-0.02	0.52	0.06	0.29	0.53	-0.28	0.5	0.31	0.36	0.06		-0.95	0.59
Net Interest Income	-0.71	-1.0	-0.5	-0.61	-0.46	-0.58	-0.51	-0.63	-0.45	-0.53	-0.54	-0.09	-0.57	-0.1	-0.32	-0.7	0.05	-0.56	-0.41	-0.44	0.11	-0.95		-0.71
Reconciled Depreciation	0.95	0.7	0.84	0.79	0.8	0.51	0.42	0.69	0.84	0.84	0.49	-0.02	0.55	0.02	0.76	0.77	0.35	0.54	0.49	0.55	-0.57	0.59	-0.71

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Methode Electronics Account Relationship Matchups

Methode Electronics income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	60M	63.7M	62.9M	51.9M	59.7M	62.7M
Interest Expense	10.1M	5.2M	3.5M	2.7M	3.1M	3.3M
Total Revenue	1.0B	1.1B	1.2B	1.2B	1.4B	1.4B
Gross Profit	282.9M	274.1M	264.9M	264.1M	303.7M	318.9M
Other Operating Expenses	876.8M	960.1M	1.1B	1.1B	1.3B	1.3B
Operating Income	147.1M	127.9M	111.7M	90.4M	104.0M	109.2M
Ebit	147.1M	127.9M	111.7M	90.4M	104.0M	55.1M
Ebitda	207.1M	191.6M	174.6M	142.3M	163.6M	171.8M
Cost Of Revenue	741M	813.9M	898.7M	915.5M	1.1B	1.1B
Total Operating Expenses	135.8M	146.2M	153.2M	173.7M	199.8M	209.7M
Income Before Tax	148.7M	134.9M	118.5M	90.1M	103.6M	108.8M
Total Other Income Expense Net	1.6M	7M	6.8M	(300K)	(270K)	(283.5K)
Net Income	123.4M	122.3M	102.2M	77.1M	88.7M	93.1M
Income Tax Expense	25.3M	12.6M	16.3M	13M	15.0M	11.7M
Selling General Administrative	116.7M	126.9M	134.1M	154.9M	178.1M	187.0M
Research Development	34.9M	37.1M	35.7M	35M	40.3M	28.6M
Net Income Applicable To Common Shares	123.4M	122.3M	102.2M	77.1M	88.7M	58.7M
Selling And Marketing Expenses	115M	142M	116K	126M	144.9M	87.1M
Net Income From Continuing Ops	123.4M	122.3M	102.2M	77.1M	88.7M	91.4M
Tax Provision	25.3M	12.6M	16.3M	13M	11.7M	14.8M
Interest Income	13.2M	4.9M	1.6M	2.7M	3.1M	4.5M
Net Interest Income	(10.1M)	(5.2M)	(3.5M)	(2.7M)	(2.4M)	(2.6M)
Reconciled Depreciation	48.3M	51.5M	52.6M	49.5M	56.9M	46.8M

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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:

How To Invest In Methode

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Is Methode Stock a good investment?

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What is Methode Electronics' Net Worth?

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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Methode Electronics' price analysis, check to measure Methode Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.

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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.

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Methode Historical Income Statement

About Methode Income Statement Analysis

Methode Electronics Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Methode Electronics income statement Correlations

Methode Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Methode Electronics income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Income Before Tax	+ 1.0	Operating Income
Cost Of Revenue	+ 0.99	Total Revenue
Net Income From Continuing Ops	+ 0.99	Net Income
Cost Of Revenue	+ 0.98	Other Operating Expenses
Total Operating Expenses	+ 0.98	Other Operating Expenses
Other Operating Expenses	+ 0.97	Total Revenue

Net Interest Income	- 1.0	Interest Expense
Net Interest Income	- 0.95	Interest Income
Reconciled Depreciation	- 0.71	Net Interest Income
Net Interest Income	- 0.71	Depreciation And Amortization
Net Interest Income	- 0.7	Research Development
Tax Provision	- 0.64	Selling And Marketing Expenses