Methode Electronics MEI Industrial — Depreciation

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Questions, answered.

What is Methode Electronics's industrial — depreciation?

Methode Electronics (MEI) reported industrial — depreciation of $2.65M in Q1 2026.

How has Methode Electronics's industrial — depreciation changed year-over-year?

Methode Electronics's industrial — depreciation increased by 20.5% year-over-year, from $2.2M to $2.65M.

What is the long-term trend for Methode Electronics's industrial — depreciation?

Over 5 years (2021 to 2026), Methode Electronics's industrial — depreciation has grown at a -5.8% compound annual growth rate (CAGR), from $14.3M to $10.6M.

What does industrial — depreciation mean?

Reflects the periodic allocation of the cost of tangible fixed assets, such as machinery and equipment, used by the Industrial segment over their useful lives. This non-cash charge accounts for the wear and tear of physical assets required to produce segment revenue. It is a critical component for assessing the segment's capital intensity and asset replacement cycle.