GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Methode Electronics Inc (NYSE:MEI) » Definitions » Net Margin %

Methode Electronics (Methode Electronics) Net Margin %

: -4.47% (As of Jan. 2024)
View and export this data going back to 1985. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Methode Electronics's Net Income for the three months ended in Jan. 2024 was $-12 Mil. Methode Electronics's Revenue for the three months ended in Jan. 2024 was $260 Mil. Therefore, Methode Electronics's net margin for the quarter that ended in Jan. 2024 was -4.47%.

The historical rank and industry rank for Methode Electronics's Net Margin % or its related term are showing as below:

MEI' s Net Margin % Range Over the Past 10 Years
Min: -5.09   Med: 10.85   Max: 12.44
Current: -5.09


MEI's Net Margin % is ranked worse than
74.08% of 2461 companies
in the Hardware industry
Industry Median: 2.83 vs MEI: -5.09

Methode Electronics Net Margin % Historical Data

The historical data trend for Methode Electronics's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Methode Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.16 12.05 11.24 8.78 6.54

Methode Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.10 2.69 0.31 -19.20 -4.47

Competitive Comparison

For the Electronic Components subindustry, Methode Electronics's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Methode Electronics Net Margin % Distribution

For the Hardware industry and Technology sector, Methode Electronics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Methode Electronics's Net Margin % falls into.



Methode Electronics Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Methode Electronics's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin=Net Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=77.1/1179.6
=6.54 %

Methode Electronics's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-11.6/259.5
=-4.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Methode Electronics  (NYSE:MEI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Methode Electronics Net Margin % Related Terms

Thank you for viewing the detailed overview of Methode Electronics's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Methode Electronics (Methode Electronics) Business Description

Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Executives
Donald W Duda officer: President
Walter J Aspatore director 255 E BROWN STREET, SUITE 120, BIRMINGHAM MI 48009
Lawrence B Skatoff director 200 SOUTH MICHIGAN AVE, CHICAGO IL 60604
Brian J Cadwallader director 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Darren Dawson director C/O METHODE ELECTRONICS, INC., 7401 WEST WILSON AVENUE, CHICAGO IL 60706
Joseph Elias Khoury officer: Vice President 7401 W. WILSON AVENUE, HARWOOD HEIGHTS IL 60706
Kerry A. Vyverberg officer: General Counsel 8750 W. BRYN MAWR AVE., SUITE 1000, CHICAGO IL 60631
Timothy Glandon officer: VP&GM NA Automotive 7401 W. WILSON AVENUE, CHICAGO IL 60706
Janie Goddard director C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Tsoumas Ronald L.g. officer: Controller & Treasurer 7401 W. WILSON AVE., CHICAGO IL 60706
Anil Shetty officer: VP Methode & Pres. Dabir Surf. 7401 WEST WILSON AVENUE, CHICAGO IL 60706
Kevin Michael Martin officer: Vice President, North America 8750 WEST BRYN MAWR AVENUE, SUITE 1000, CHICAGO IL 60631
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Therese M Bobek director 685 SKYE LN, INVERNESS IL 60010
David P Blom director 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085