How Does Methode Electronics (MEI) Make Money?
Price: $6.75
Market Cap: $240.91M
Avg Volume: 428.65K
Market Cap: $240.91M
Avg Volume: 428.65K
Country: US
Industry: Hardware, Equipment & Parts
Sector: Technology
Industry: Hardware, Equipment & Parts
Sector: Technology
Revenue Breakdown Overview
Methode Electronics generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:
Product & Service Revenue Segments
Methode Electronics's revenue comes from the following main product/service categories (Total Revenue: $1.21B):
- Interface: $53.90M (4.5% of total)
- Medical: $2.40M (0.2% of total)
- Automotive: $610.60M (50.6% of total)
- Industrial: $493.40M (40.9% of total)
- Corporate And Intersegment Elimination: $45.80M (3.8% of total)
Geographic Revenue Distribution
The company's revenue is distributed across these geographic regions (Total Revenue: $1.05B):
- Asia: $- (0.0% of total)
- Other Countries Sales: $- (0.0% of total)
- Other Countries: $123.10M (11.7% of total)
- Emea: $- (0.0% of total)
- Mexico: $- (0.0% of total)
- Malta: $179.50M (17.1% of total)
- Egypt: $73.50M (7.0% of total)
- China: $196.30M (18.7% of total)
- United States: $475.60M (45.4% of total)
Revenue by Product Segment (2024)
Revenue by Geographic Region (2024)
Revenue Segments Over Time
Historical Revenue by Product Segment
| Year | Total Revenue | Automotive | Corporate And Intersegment Elimination | Industrial | Interface | Medical |
|---|---|---|---|---|---|---|
| 2024 | $1.11B | $610.60M | $45.80M | $493.40M | $53.90M | $2.40M |
| 2023 | $1.18B | $- | $- | $- | $- | $- |
| 2022 | $1.16B | $400.90M | $- | $177.20M | $59.30M | $4.10M |
| 2021 | $1.09B | $406.40M | $- | $142.90M | $61.00M | $2.70M |
| 2020 | $1.02B | $330.90M | $- | $141.10M | $57.90M | $1.60M |
| 2019 | $1.00B | $373.00M | $-10.30M | $110.30M | $56.10M | $1.10M |
Geographic Revenue Over Time
Historical Revenue by Geographic Region
| Year | Total Revenue | Asia | China | Egypt | Emea | Malta | Mexico | Other Countries | Other Countries Sales | United States |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.11B | $- | $196.30M | $73.50M | $- | $179.50M | $- | $123.10M | $- | $475.60M |
| 2023 | $1.18B | $240.70M | $- | $- | $371.10M | $- | $- | $- | $- | $- |
| 2022 | $1.16B | $- | $224.30M | $67.20M | $- | $178.40M | $76.20M | $- | $70.10M | $547.40M |
| 2021 | $1.09B | $- | $193.70M | $- | $- | $173.50M | $87.40M | $- | $107.70M | $510.80M |
| 2018 | $908.30M | $- | $117.30M | $- | $- | $184.00M | $- | $38.90M | $- | $487.50M |
| 2017 | $816.50M | $- | $127.70M | $- | $- | $155.50M | $- | $26.40M | $- | $506.90M |
Related Metrics
Explore detailed financial metrics and analysis for MEI.