Methode Electronics (STU:ME5A) Tax Rate % : -75.61% (As of Jan. 2025)

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What is Methode Electronics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Methode Electronics's Tax Expense for the three months ended in Jan. 2025 was €6.0 Mil. Methode Electronics's Pre-Tax Income for the three months ended in Jan. 2025 was €-7.9 Mil. Therefore, Methode Electronics's Tax Rate % for the quarter that ended in Jan. 2025 was -75.61%.

Methode Electronics Tax Rate % Historical Data

The historical data trend for Methode Electronics's Tax Rate % 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.

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Methode Electronics Tax Rate % Chart

Methode Electronics Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Tax Rate %

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17.01

9.34

13.76

14.43

3.75

Methode Electronics Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Tax Rate %	Get a 7-Day Free Trial															-10.48	9.19	-39.69	200.00	-75.61

Methode Electronics Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Methode Electronics's Tax Rate % for the fiscal year that ended in Apr. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Apr. 2024 )	/	Pre-Tax Income (A: Apr. 2024 )
	=	-4.474	/	-119.389
	=	3.75 %

Methode Electronics's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2025 )	/	Pre-Tax Income (Q: Jan. 2025 )
	=	5.989	/	-7.921
	=	-75.61 %

Methode Electronics Tax Rate % Related Terms

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Methode Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Methode Electronics Inc (STU:ME5A) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MEI:USA ME5A:Germany

Address

8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518

Website

https://www.methode.com

Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. 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. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

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