Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
18.23
+0.02 (0.11%)
Aug 31, 2026, 4:00 PM EDT - Market closed
Methode Electronics Balance Sheet
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Assets
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 2, 2026 | May '25 May 3, 2025 | Apr '24 Apr 27, 2024 | Apr '23 Apr 29, 2023 | Apr '22 Apr 30, 2022 |
Cash & Equivalents | 139.6 | 103.6 | 161.5 | 157 | 172 |
Trading Asset Securities | - | - | - | 1.6 | - |
Cash & Short-Term Investments | 139.6 | 103.6 | 161.5 | 158.6 | 172 |
Cash Growth | 34.75% | -35.85% | 1.83% | -7.79% | -26.24% |
Accounts Receivable | 257.3 | 241 | 262.6 | 314.3 | 273.7 |
Other Receivables | 3.2 | 4.1 | 4 | 12.9 | 8.3 |
Receivables | 260.5 | 245.1 | 266.6 | 327.2 | 282 |
Inventory | 178.7 | 194.1 | 186.2 | 159.7 | 158.5 |
Prepaid Expenses | 21.1 | 16.4 | 17.4 | 18.8 | 16.5 |
Other Current Assets | 0.1 | 0.7 | 6 | 0.1 | - |
Total Current Assets | 600 | 559.9 | 637.7 | 664.4 | 629 |
Property, Plant & Equipment | 229.8 | 245.3 | 238.8 | 248.7 | 217 |
Long-Term Investments | - | - | - | - | 3 |
Goodwill | 174.9 | 172.7 | 169.9 | 301.9 | 233 |
Other Intangible Assets | 218.9 | 238.4 | 256.7 | 256.7 | 207.7 |
Long-Term Deferred Tax Assets | 39.5 | 37.8 | 34.7 | 33.6 | 36.8 |
Long-Term Deferred Charges | 18.2 | 31.7 | 44.1 | 36.1 | 27.2 |
Other Long-Term Assets | 24.8 | 20 | 21.6 | 37.7 | 35.4 |
Total Assets | 1,306 | 1,306 | 1,404 | 1,579 | 1,389 |
Liabilities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 2, 2026 | May '25 May 3, 2025 | Apr '24 Apr 27, 2024 | Apr '23 Apr 29, 2023 | Apr '22 Apr 30, 2022 |
Accounts Payable | 134.1 | 125.9 | 132.4 | 138.7 | 108.5 |
Accrued Expenses | 94.5 | 82.2 | 83.8 | 70.6 | 54.3 |
Current Portion of Long-Term Debt | 0.2 | 0.2 | 0.2 | 3.2 | 13 |
Current Portion of Leases | 9.1 | 7.4 | 6.7 | 6.8 | 6 |
Current Income Taxes Payable | 15.6 | 17.5 | 8.1 | 8.1 | 6.6 |
Other Current Liabilities | - | - | 0.2 | 0.6 | 0.2 |
Total Current Liabilities | 253.5 | 233.2 | 231.4 | 228 | 188.6 |
Long-Term Debt | 326.6 | 323.1 | 332.8 | 303.6 | 197.5 |
Long-Term Leases | 15 | 18.7 | 20.6 | 21.8 | 15.6 |
Long-Term Deferred Tax Liabilities | 29.7 | 26.8 | 28.7 | 41.8 | 38.3 |
Other Long-Term Liabilities | 3.8 | 10.7 | 24 | 31 | 35.3 |
Total Liabilities | 628.6 | 612.5 | 637.5 | 626.2 | 475.3 |
Shareholders' Equity
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 2, 2026 | May '25 May 3, 2025 | Apr '24 Apr 27, 2024 | Apr '23 Apr 29, 2023 | Apr '22 Apr 30, 2022 |
Common Stock | 18.4 | 18.6 | 18.3 | 18.6 | 19.2 |
Additional Paid-In Capital | 200.1 | 191.8 | 183.6 | 181 | 169 |
Retained Earnings | 479.3 | 524.2 | 612.3 | 772.7 | 763.9 |
Treasury Stock | -11.5 | -11.5 | -11.5 | -11.5 | -11.5 |
Comprehensive Income & Other | -8.8 | -29.8 | -36.7 | -19 | -26.8 |
Total Common Equity | 677.5 | 693.3 | 766 | 941.8 | 913.8 |
Minority Interest | - | - | - | 11.1 | - |
Shareholders' Equity | 677.5 | 693.3 | 766 | 952.9 | 913.8 |
Total Liabilities & Equity | 1,306 | 1,306 | 1,404 | 1,579 | 1,389 |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 2, 2026 | May '25 May 3, 2025 | Apr '24 Apr 27, 2024 | Apr '23 Apr 29, 2023 | Apr '22 Apr 30, 2022 |
Total Debt | 350.9 | 349.4 | 360.3 | 335.4 | 232.1 |
Net Cash (Debt) | -211.3 | -245.8 | -198.8 | -176.8 | -60.1 |
Net Cash Growth | - | - | - | - | - |
Net Cash Per Share | -5.95 | -6.96 | -5.60 | -4.81 | -1.59 |
Filing Date Shares Outstanding | 35.47 | 35.21 | 35.32 | 37.34 | 38.3 |
Total Common Shares Outstanding | 35.46 | 35.8 | 35.3 | 35.82 | 36.93 |
Working Capital | 346.5 | 326.7 | 406.3 | 436.4 | 440.4 |
Book Value Per Share | 19.11 | 19.36 | 21.70 | 26.29 | 24.74 |
Tangible Book Value | 283.7 | 282.2 | 339.4 | 383.2 | 473.1 |
Tangible Book Value Per Share | 8.00 | 7.88 | 9.61 | 10.70 | 12.81 |
Land | 2.6 | 3.3 | 3.3 | 3 | 3.3 |
Buildings | 101.9 | 104.6 | 98.5 | 98.8 | 89.2 |
Machinery | 453.8 | 424.2 | 394.6 | 414.3 | 407.5 |
Construction In Progress | 35.5 | 47.9 | 50.4 | 40.6 | 21.5 |