Methode Electronics (MEI) Asset Writedowns and Impairment (2023 - 2026)
Methode Electronics (MEI) reported Asset Writedowns and Impairment of $2.7 million for fiscal Q1 2027 (quarter ended Aug 1, 2026), up 58.8% from $1.7 million a year earlier but down 43.8% from the prior quarter.
Methode Electronics (MEI) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends
Over the twelve months ended Aug 1, 2026, Methode Electronics' Asset Writedowns and Impairment came in at $9 million, down 55.2% year-over-year; for FY2026 (ended May 2, 2026), it came in at $8 million, down 60.8% from FY2025.
- Asset Writedowns and Impairment has a five-year compound annual growth rate of 67.9% (FY2021 to FY2026).
- By fiscal year, Asset Writedowns and Impairment came in at $20.4 million in FY2025 (-80.7%), $105.9 million in FY2024, $7.8 million in FY2023 (+151.6%) and $3.1 million in FY2022 (+416.7%).
- Five-year quarterly Asset Writedowns and Impairment spans a low of -$200,000 in fiscal Q3 2026 and a high of $56.5 million in fiscal Q2 2024.
- Year over year, Asset Writedowns and Impairment gained in 1 of the last six quarters, with an average decline of 39.9%.
- The high point for year-over-year Asset Writedowns and Impairment in five years was fiscal Q4 2024 (growth of 567.6%); the low point was fiscal Q2 2025 (a decline of 93.6%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $4.8 million (Q4 2026), -$200,000 (Q3 2026) and $1.7 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Methode Electronics | 561.77 Mn | 53.77 Mn | 47.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 2.70 Mn |
| May 2, 2026 | 4.80 Mn |
| Jan 31, 2026 | -200,000.00 |
| Nov 1, 2025 | 1.70 Mn |
| Aug 2, 2025 | 1.70 Mn |
| May 3, 2025 | 13.00 Mn |
| Feb 1, 2025 | 1.80 Mn |
| Nov 2, 2024 | 3.60 Mn |
| Jul 27, 2024 | 2.00 Mn |
| Apr 27, 2024 | 49.40 Mn |
| Oct 28, 2023 | 56.50 Mn |
| Jul 29, 2023 | 600,000.00 |
| Apr 29, 2023 | 7.40 Mn |
Methode Electronics Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=MEI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "MEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();