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Methode Electronics's peak revenue was $1.2B in 2023. The peak quarterly revenue was $315.9M in 2023(q2).
Methode Electronics's revenue increased from $428.2m in 2011 to $1.1B currently. That's a 160.27% change in annual revenue.
| Fiscal year / year | Methode Electronics revenue |
|---|---|
| 2011 | $428.2M |
| 2012 | $465.1M |
| 2013 | $519.8M |
| 2014 | $772.8M |
| 2015 | $881.1M |
| 2016 | $809.1M |
| 2017 | $816.5M |
| 2018 | $908.3M |
| 2019 | $1.0B |
| 2020 | $1.0B |
| 2021 | $1.1B |
| 2022 | $1.2B |
| 2023 | $1.2B |
| 2024 | $1.1B |
Rate Methode Electronics' financial transparency
Methode Electronics saw the greatest revenue growth in 2014, when revenue increased by 48.67%.
Methode Electronics had the lowest revenue growth in 2016, when revenue changed by -8.17%.
| Year | Methode Electronics growth |
|---|---|
| 2012 | 9%↑ |
| 2013 | 12%↑ |
| 2014 | 49%↑ |
| 2015 | 14%↑ |
| 2016 | -8%↓ |
| 2017 | 1%↑ |
| 2018 | 11%↑ |
| 2019 | 10%↑ |
| 2020 | 2%↑ |
| 2021 | 6%↑ |
| 2022 | 7%↑ |
| 2023 | 1%↑ |
| 2024 | -6%↓ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2011 | - | - | - | $119.4M |
| 2012 | $110.8M | $115.9M | $112.0M | $126.4M |
| 2013 | $118.7M | $129.8M | $123.0M | $148.3M |
| 2014 | $167.3M | $190.9M | $189.8M | $224.9M |
| 2015 | $218.1M | $229.7M | $206.0M | $227.3M |
| 2016 | $203.3M | $208.4M | $184.6M | $212.8M |
| 2017 | $191.9M | $209.3M | $195.6M | $219.8M |
| 2018 | $201.2M | $230.1M | $228.0M | $249.0M |
| 2019 | $223.4M | $264.0M | $246.9M | $266.0M |
| 2020 | $270.2M | $257.2M | $285.9M | $210.6M |
| 2021 | $190.9M | $300.8M | $295.3M | $301.0M |
| 2022 | $287.8M | $295.5M | $291.6M | $288.7M |
| 2023 | $282.4M | $315.9M | $280.1M | $301.2M |
| 2024 | $289.7M | $288.0M | $259.5M | $277.3M |
| 2025 | $258.5M | $292.6M | $239.9M | - |
Do you work at Methode Electronics?
Did Methode Electronics meet its revenue projections?
| CEO | Donald W. Duda |
| Industry | Consumer Durables & Apparel |
| Company Type | Public |
| Employees Number | 6,187 |
| Date Founded | 1946 |
| Headquarters | Chicago, Illinois |
| Number of Locations | 6 |
| Revenue | $1.1B |
| Net Income | $77,100,000 |
| Gross Proft | $178.8M (2024) |
| EBITDA | ($87.4M) (2024) |
| PE Ratio | -9.05 |
| Tax Rate | 0.0% |
| Market Capitalization | $1.1B |
| Total Assets | $1,579,100,000 |
| Ticker | MEI |
Methode Electronics's top competitor, Eaton, earned an annual revenue of $24.9B.
Methode Electronics's smallest competitor is Micropump with revenue of $42.0M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Acuity Brands | $57,489 | $3.8B | 11,500 | 85 |
| Littelfuse | $79,480 | $2.2B | 12,000 | 27 |
| A. O. Smith | $44,641 | $3.8B | 15,100 | 52 |
| Eaton | $58,806 | $24.9B | 92,000 | 1,779 |
| Gardner Denver | $68,714 | $2.7B | 6,200 | 282 |
| Moody International Group | $46,046 | $4.2B | 12,000 | - |
| SPX | $62,620 | $2.0B | 6,000 | 178 |
| Nordson | $57,629 | $2.7B | 7,555 | 109 |
| Kollmorgen | $71,618 | $820.0M | 2,025 | - |
| Parker Hannifin | $51,968 | $19.9B | 57,170 | 767 |
Zippia gives an in-depth look into the details of Methode Electronics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Methode Electronics. The employee data is based on information from people who have self-reported their past or current employments at Methode Electronics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Methode Electronics. The data presented on this page does not represent the view of Methode Electronics and its employees or that of Zippia.
Methode Electronics may also be known as or be related to Methode Electronics, Methode Electronics Inc, Methode Electronics Inc., Methode Electronics, Inc and Methode Electronics, Inc.