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Methode Electronics MEI · USD

Information Technology · US listing · 🇺🇸 United States

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12.13

+12.73%

Close of 9 Nov 2026, in USD

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About Methode Electronics

From its filings with the US Securities and Exchange Commission

SEC filings

Methode Electronics is based in Southfiled, Michigan and is incorporated in Delaware. Its shares trade on NYSE under the ticker MEI. The SEC classifies its business as electronic connectors. In the fiscal year to 2 May 2026, it reported revenue of $1.02bn and a net loss of $35.7m. At that date it held total assets of $1.31bn and shareholders' equity of $677.5m.

In its own words

We are a leading global supplier of custom engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. We design, engineer, and manufacture mechatronic products for Original Equipment Manufacturers (“OEMs”) and tiered suppliers across mobility, industrial, and commercial markets. Our capabilities include power distribution, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards; as well as user interface components, specialized light-emitting diode (“LED”) lighting solutions, and sensor applications.

Our products are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing and data center infrastructure, and construction equipment.

Our fiscal year ends on the Saturday closest to April 30 of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. The fiscal year ended May 2, 2026 was a 52-week fiscal year. The fiscal year ended May 3, 2025 was a 53-week fiscal year. The fiscal year ended April 27, 2024 was a 52-week fiscal year.

Quoted from its 10-K, filed 24 Jun 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Listed since
20 Oct 1982
Employees
6,650
Website
methode.com ↗
Head office
25650 WEST ELEVEN MILE ROAD, SOUTHFILED, MI, 48034
Incorporated in
DE
Classification
Electronic Connectors
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Mr. Walter AspatoreIndependent Chairman of the Board$238,000
  • Mr. Mark SchwaberoIndependent Chairman of the Board$315,375
  • Mr. Jonathan DeGaynorPresident, Chief Executive Officer, Director, since 2024$5.7m
  • Ms. Laura KowalchikChief Financial Officer$2.7m
  • Mr. Lars UllrichSenior Vice President - Global Automotive Business$1.1m
  • Mr. Kevin MartinVice President, North America$1.1m
  • Ms. Kerry VyverbergGeneral Counsel$711,100
  • Mr. John ErwinChief Procurement Officer$943,599
  • Mr. David BlomIndependent Director$250,000
  • Ms. Therese BobekIndependent Director$250,000
  • Mr. Brian CadwalladerIndependent Director$265,500
  • Mr. Bruce CrowtherIndependent Director$263,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
54
Environment
51
Social
44
Governance
66
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Methode Electronics Inc has several strengths that contribute to its success in the market. These include:

Weaknesses

  • Despite its strengths, Methode Electronics Inc also faces certain weaknesses that could hinder its performance. These include:

Opportunities

  • Methode Electronics Inc can take advantage of certain opportunities to drive growth and expand its market presence. These include:

Threats

  • Methode Electronics Inc faces certain threats that could impact its market position and profitability. These include:

Sources and methodology

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