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Methode Electronics MEI Automotive — Depreciation

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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
FCF margin4.3%-0.4pp

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

Reported directly by Methode Electronics in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Methode Electronics’s 10-K, filed June 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Methode Electronics's automotive — depreciation?
Methode Electronics (MEI) reported automotive — depreciation of $5.95M in Q1 2026.
How has Methode Electronics's automotive — depreciation changed year-over-year?
Methode Electronics's automotive — depreciation decreased by 4.4% year-over-year, from $6.23M to $5.95M.
What is the long-term trend for Methode Electronics's automotive — depreciation?
Over 5 years (2021 to 2026), Methode Electronics's automotive — depreciation has grown at a -7.0% compound annual growth rate (CAGR), from $34.3M to $23.8M.
What does automotive — depreciation mean?
This metric reflects the periodic allocation of the cost of tangible fixed assets, such as manufacturing equipment and tooling, over their useful lives within the automotive segment. It is a non-cash charge that accounts for the wear and tear or obsolescence of physical capital. Tracking this helps investors assess the capital intensity of the segment and the timing of asset replacement cycles.