Methode Electronics, Inc. (MEI)

Methode Electronics Income Statement

Financials in millions USD. Fiscal year is May - April.

Year	2023	2022	2021	2020	2019
Revenue	1,180	1,164	1,088	1,024	1,000
Revenue Growth (YoY)	1.38%	6.95%	6.26%	2.36%	10.13%
Cost of Revenue	915.5	898.7	813.9	741	734.5
Gross Profit	264.1	264.9	274.1	282.9	265.8
Selling, General & Admin	154.9	134.1	126.9	116.8	142.9
Other Operating Expenses	18.8	19.1	19.3	19	16.1
Operating Expenses	173.7	153.2	146.2	135.8	159
Operating Income	90.4	111.7	127.9	147.1	106.8
Interest Expense / Income	2.7	3.5	5.2	10.1	8.3
Other Expense / Income	-2.4	-10.3	-12.2	-11.7	-5.1
Pretax Income	90.1	118.5	134.9	148.7	103.6
Income Tax	13	16.3	12.6	25.3	12
Net Income	77.1	102.2	122.3	123.4	91.6
Net Income Growth	-24.56%	-16.43%	-0.89%	34.72%	60.14%
Shares Outstanding (Basic)	36	37	38	37	37
Shares Change	-2.56%	-3.94%	3.65%	0.28%	0.38%
EPS (Basic)	2.14	2.74	3.22	3.28	2.45
EPS (Diluted)	2.14	2.74	3.22	3.28	2.45
EPS Growth	-21.90%	-14.91%	-1.83%	33.88%	59.09%
Free Cash Flow	94.3	61.4	155	95.5	52.2
Free Cash Flow Per Share	2.62	1.66	4.03	2.58	1.41
Dividend Per Share	0.560	0.560	0.440	0.440	0.440
Dividend Growth	0%	27.27%	0%	0%	10.00%
Gross Margin	22.39%	22.77%	25.19%	27.63%	26.57%
Operating Margin	7.66%	9.60%	11.76%	14.37%	10.68%
Profit Margin	6.54%	8.78%	11.24%	12.05%	9.16%
Free Cash Flow Margin	7.99%	5.28%	14.25%	9.33%	5.22%
Effective Tax Rate	14.43%	13.76%	9.34%	17.01%	11.58%
EBITDA	142.3	174.6	191.6	207.1	155.2
EBITDA Margin	12.06%	15.01%	17.61%	20.23%	15.52%
Depreciation & Amortization	49.5	52.6	51.5	48.3	43.3
EBIT	92.8	122	140.1	158.8	111.9
EBIT Margin	7.87%	10.48%	12.88%	15.51%	11.19%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).