Methode Electronics, Inc.

Methode Electronics, Inc.verified

MEI

Price:

$11.94

Market Cap:

$425.74M

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industr...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1982-10-20

Stock Exchange

NYSE

Ticker

MEI

The Current Ratio as of December 2024 (TTM) for Methode Electronics, Inc. (MEI) is 2.75

According to Methode Electronics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.75. This represents a change of 3.95% compared to the average of 2.65 of the last 4 quarters.

Methode Electronics, Inc. (MEI) Historical Current Ratio (quarterly & annually)

How has MEI Current Ratio performed in the past?

The mean historical Current Ratio of Methode Electronics, Inc. over the last ten years is 3.38. The current 2.75 Current Ratio has changed 8.05% with respect to the historical average. Over the past ten years (40 quarters), MEI's Current Ratio was at its highest in in the July 2016 quarter at 4.64. The Current Ratio was at its lowest in in the July 2024 quarter at 2.35.

Quarterly (TTM)
Annual

Average

3.38

Median

3.35

Minimum

2.51

Maximum

4.26

Methode Electronics, Inc. (MEI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Methode Electronics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 56.90%

Maximum Annual Current Ratio = 4.26

Minimum Annual Increase = -28.44%

Minimum Annual Current Ratio = 2.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.76-5.43%
20232.91-12.63%
20223.3410.20%
20213.03-23.05%
20203.9356.90%
20192.51-28.44%
20183.50-17.82%
20174.261.29%
20164.2125.40%
20153.363.57%

Methode Electronics, Inc. (MEI) Average Current Ratio

How has MEI Current Ratio performed in the past?

The current Current Ratio of Methode Electronics, Inc. (MEI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.00

5-year avg

3.19

10-year avg

3.38

Methode Electronics, Inc. (MEI) Current Ratio vs. Peers

How is MEI’s Current Ratio compared to its peers?

Methode Electronics, Inc.’s Current Ratio is greater than Sanmina Corporation (2.05), greater than Benchmark Electronics, Inc. (2.36), greater than OSI Systems, Inc. (1.84), greater than Celestica Inc. (1.47), greater than Plexus Corp. (1.51), less than Bel Fuse Inc. (4.00), greater than CTS Corporation (2.46), less than Richardson Electronics, Ltd. (4.62),

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