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Methode Electronics MEI Industrial — Restructuring Costs And Asset Impairment Charges

Other segment segments

Eliminations Corporate
$1.9M+171%
Automotive
$600K0.0%
Interface
$0

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TFX
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$34.36M+687%

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:RestructuringCostsAndAssetImpairmentCharges.

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 industrial — restructuring costs and asset impairment charges?
Methode Electronics (MEI) reported industrial — restructuring costs and asset impairment charges of $100K in Q1 2026.
How has Methode Electronics's industrial — restructuring costs and asset impairment charges changed year-over-year?
Methode Electronics's industrial — restructuring costs and asset impairment charges decreased by 85.7% year-over-year, from $700K to $100K.
What is the long-term trend for Methode Electronics's industrial — restructuring costs and asset impairment charges?
Over 3 years (2023 to 2026), Methode Electronics's industrial — restructuring costs and asset impairment charges has grown at a -7.2% compound annual growth rate (CAGR), from $500K to $400K.
What does industrial — restructuring costs and asset impairment charges mean?
Captures expenses related to organizational restructuring initiatives and write-downs of asset values within the Industrial segment. High or recurring charges may indicate operational inefficiencies or a strategic shift in the segment's asset base.