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Methode Electronics MEI Free cash flow margin

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Other financials

Income statement

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Revenue$298.1M+15.9%
Gross profit$72.2M+268%
Operating income$10.9M+146%
Net income-+100%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$139.6M+34.7%
Total debt$348.6M+1.4%
Total equity$677.5M-2.3%
Total assets$1.3B0.0%

Cash flow

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Operating cash flow$4.9M-86.2%
CapEx$5.8M-36.3%
Free cash flow$10.1M

Valuation

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Market cap$638.49M+99.2%
Enterprise value$847.49M+51.2%
P/S0.6×+0.3×

Profitability

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Gross margin19.8%+4.2pp
Operating margin0.9%+0.5pp
Net margin-3.5%-1.0pp

Returns & leverage

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Return on equity-5.3%-1.5pp
Debt / equity0.5×0.0×
Current ratio2.4×0.0×

Where this comes from

Calculated from Methode Electronics’s reported figures.

Based on trailing twelve months.

The official record: Methode Electronics’s 10-Q, filed December 7, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Methode Electronics's free cash flow margin?
Methode Electronics (MEI) reported free cash flow margin of 4.3% in Q3 2023.
How has Methode Electronics's free cash flow margin changed year-over-year?
Methode Electronics's free cash flow margin decreased by 8.4% year-over-year, from 4.7% to 4.3%.
What is the long-term trend for Methode Electronics's free cash flow margin?
Over 2 years (2021 to 2023), Methode Electronics's free cash flow margin has grown at a -26.5% compound annual growth rate (CAGR), from 14.2% to 7.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.