Methode Electronics (MEI) Revenue Growth

Price: $6.75
Market Cap: $240.91M
Avg Volume: 428.65K
Country: US
Industry: Hardware, Equipment & Parts
Sector: Technology
Beta: 0.774
52W Range: $5.84-17.45
Website: Methode Electronics

What is Methode Electronics's Revenue Growth?

  • Methode Electronics's annual revenue growth as of FY 2024 is -5.52%.
  • Methode Electronics's quarterly revenue growth as of Q3 2025 is -18.01%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Methode Electronics's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $1.11B
    • Quarterly: $239.90M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $935.70M
    • Quarterly: $198.60M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 2.21%
    • Quarterly Growth: -15.38%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $178.80M
    • Quarterly: $41.30M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: -32.30%
    • Quarterly Growth: -28.67%

These metrics provide insights into Methode Electronics's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

-5.52%

Quarterly Revenue Growth

-18.01%

Historical Annual Revenue Growth
18.45%18.45%14.01%14.01%9.58%9.58%5.14%5.14%0.70%0.70%-3.73%-3.73%-8.17%-8.17%Revenue Growth (Annual)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
13.19%13.19%6.95%6.95%0.71%0.71%-5.53%-5.53%-11.77%-11.77%-18.01%-18.01%Revenue Growth (Quarterly)20232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Annual Revenue
$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00Revenue (Annual)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$320.00M$320.00M$240.00M$240.00M$160.00M$160.00M$80.00M$80.00M$0.00$0.00Revenue (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Annual Cost of Revenue
$1.00B$1.00B$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00Cost of Revenue (Annual)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$300.00M$300.00M$240.00M$240.00M$180.00M$180.00M$120.00M$120.00M$60.00M$60.00M$0.00$0.00Cost of Revenue (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Annual Gross Profit
$350.00M$350.00M$280.00M$280.00M$210.00M$210.00M$140.00M$140.00M$70.00M$70.00M$0.00$0.00Gross Profit (Annual)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00Gross Profit (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025

Methode Electronics Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2024 $1.11B -5.52% $935.70M 2.21% $178.80M -32.30%
2023 $1.18B 1.38% $915.50M 1.87% $264.10M -0.30%
2022 $1.16B 6.95% $898.70M 10.42% $264.90M -3.36%
2021 $1.09B 6.26% $813.90M 9.84% $274.10M -3.11%
2020 $1.02B 2.36% $741.00M 0.88% $282.90M 6.43%
2019 $1.00B 10.13% $734.50M 9.84% $265.80M 10.93%
2018 $908.30M 11.24% $668.70M 11.79% $239.60M 9.76%
2017 $816.50M 0.91% $598.20M 0.34% $218.30M 2.54%
2016 $809.10M -8.17% $596.20M -9.98% $212.90M -2.70%
2015 $881.10M 14.01% $662.30M 7.50% $218.80M 39.63%

Related Metrics

Explore detailed financial metrics and analysis for MEI.