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Methode Electronics MEI Automotive — Depreciation
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Where this comes from
Reported directly by Methode Electronics in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
The source filing: Methode Electronics’s 10-K, filed June 24, 2026.
- Filed
- Jun 24, 2026, 4:21 PM EDT
- Fiscal year
- FY2026
- Accession
- 0000065270-26-000031
| (in millions) | Automotive | Industrial | Interface | Medical | Eliminations/Corporate | Consolidated |
|---|---|---|---|---|---|---|
| Selling and administrative expenses | 50.1 | 37.5 | 1.5 | — | 81.2 | 170.3 |
| Amortization of intangibles | 7.8 | 15.3 | — | — | — | 23.1 |
| Income (loss) from operations | $(30.1) | $114.6 | $5.0 | — | $(80.7) | $8.8 |
| Interest expense, net | 23.3 | |||||
| Other expense (income), net | (3.8) | |||||
| Pre-tax income (loss) | $(10.7) | |||||
| Purchases of property, plant and equipment | $17.0 | $3.7 | — | — | $1.7 | $22.4 |
| Depreciation expense | $23.8 | $10.6 | $0.2 | — | $1.1 | $35.7 |
Item 16. Form 10-K Summary
FAQ
- 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 4 years (2022 to 2026), Methode Electronics's automotive — depreciation has grown at a -8.8% compound annual growth rate (CAGR), from $34.4M 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.
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