MEI FY 2024 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena

MEIMethode Electronics, Inc.

$208M

FY 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1.1B-5.5% YoY

Gross Profit

$181M16.2% margin

Operating Income

-$112M-10.0% margin

Net Income

-$123M-11.1% margin

EPS (Diluted)

$-3.48

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

-$3M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$638M

Stockholders' Equity

$766M

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.2B	-5.5%
Gross Profit	$181M	$264M	-31.7%
Operating Income	-$112M	$90M	-223.9%
Net Income	-$123M	$77M	-259.9%