MEI (Methode Electronics) Operating Income: $10 Mil (TTM As of Apr. 2026)

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MEI Methode Electronics Inc MEI
63 GF Score
Price $17.42
GF Value $9.94
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Methode Electronics Operating Income?

Methode Electronics MEI +10.11% 63 Operating Income is $10 Mil as of Apr. 2026. GuruFocus rates MEI with a GF Score™ of 63/100 and a GF Value™ of $9.94 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Methode Electronics's Operating Income for the three months ended in Apr. 2026 was $11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $10 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Methode Electronics's Operating Income for the three months ended in Apr. 2026 was $11 Mil. Methode Electronics's Revenue for the three months ended in Apr. 2026 was $298 Mil. Therefore, Methode Electronics's Operating Margin % for the quarter that ended in Apr. 2026 was 3.66%.

Methode Electronics's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Methode Electronics's annualized ROC % for the quarter that ended in Apr. 2026 was 0.14%. Methode Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 16.84%.


Methode Electronics  (NYSE:MEI) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Methode Electronics's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=43.6 * ( 1 - 96.85% )/( (974.5 + 971.2)/ 2 )
=1.3734/972.85
=0.14 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Methode Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=76/( ( (246.2 + max(214, 0)) + (229.8 + max(212.8, 0)) )/ 2 )
=76/( ( 460.2 + 442.6 )/ 2 )
=76/451.4
=16.84 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(215.6 + 209.8 + 23.2) - (198.1 + 0 + 36.5)
=214

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(257.3 + 178.7 + 21.2) - (195.3 + 0 + 49.1)
=212.8

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Methode Electronics's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=10.9/298.1
=3.66 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Methode Electronics Operating Income Related Terms


Methode Electronics Operating Income Historical Data

* Premium members only.

The historical data trend for Methode Electronics's Operating Income 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.

Methode Electronics Operating Income Chart

Methode Electronics Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.70 90.40 -6.10 -23.90 8.80

Methode Electronics Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income Get a 7-Day Free Trial 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 -23.60 2.00 2.90 -6.10 10.90
MEI
63GF Score
Methode Electronics Inc MEI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Methode Electronics Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $10 Mil mean?
Methode Electronics (MEI) has a Operating Income of $10 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Methode Electronics and its competitors.
Is Methode Electronics' Operating Income too high?
Methode Electronics' current Operating Income is $10 Mil. Overall, Methode Electronics has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Methode Electronics' Operating Income compare to KOPN and LPTH?
Methode Electronics' Operating Income of $10 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Hardware company?
A good Operating Income depends on the Hardware industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Methode Electronics and its competitors. Methode Electronics's current Operating Income is $10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methode Electronics stock overvalued right now?
Based on GuruFocus' analysis, Methode Electronics (MEI) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.94, compared to a current price of $17.42 — trading 75.3% above its estimated fair value. The current Operating Income is $10 Mil. Methode Electronics' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Methode Electronics (MEI), the current Operating Income is $10 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Methode Electronics (MEI) Overvalued in 2026?

Based on GuruFocus' analysis, Methode Electronics stock appears to be overvalued. The current stock price of $17.42 is trading 75.3% above its estimated GF Value™ of $9.94. GuruFocus considers Methode Electronics to be Significantly Overvalued.

Key valuation signals for MEI:

  • Operating Income: $10 Mil
  • GF Value™: $9.94 vs. price of $17.42 (75.3% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the MEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Methode Electronics Business Description

Other Exchanges ME5A:Germany
Address 8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc supplier of custom-engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. It designs, engineers, and produces mechatronic products for Original Equipment Manufacturers (OEMs) utilizing a broad range of technologies for user interface, light-emitting diode (LED) lighting systems, power distribution, and sensor applications. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment, which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles, including overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors.
63GF Score

Get the complete analysis for MEI

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.42
Price
$9.94
GF Value