Methode Electronics (MEI) Current Taxes (2011 - 2026)
Methode Electronics (MEI) posted Current Taxes of $15.2 million for fiscal Q1 2027 (quarter ended Aug 1, 2026), down 10.6% from $17 million a year earlier and down 2.6% from the prior quarter.
Methode Electronics (MEI) Current Taxes (2011 - 2026) Analysis & Trends
At the end of FY2026 (ended May 2, 2026), Methode Electronics' Current Taxes came in at $15.6 million, down 10.9% from FY2025.
- Annual Current Taxes shows a five-year compound annual growth rate of -5.1% (FY2021 to FY2026).
- In prior fiscal years, Methode Electronics' Current Taxes was $17.5 million in FY2025 (+116.0%), $8.1 million in FY2024 (unchanged), $8.1 million in FY2023 (+22.7%) and $6.6 million in FY2022 (-67.5%).
- Quarterly Current Taxes has run from a low of $6 million in fiscal Q1 2024 to a high of $17.5 million in fiscal Q4 2025 over five years.
- On a year-over-year basis, Current Taxes has declined in each of the last three quarters, with growth averaging 38.2% over the last eight quarters.
- The strongest year-over-year quarter for Current Taxes in the past five years was fiscal Q4 2025, with growth of 116.0%; the weakest was fiscal Q1 2023, with a decline of 67.7%.
- According to Business Quant data, Current Taxes for the three prior fiscal quarters was $15.6 million (Q4 2026), $13.7 million (Q3 2026) and $11.8 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | - |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 351.00 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 1.01 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 74.80 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 123.00 Mn |
| 10 | Methode Electronics | 501.17 Mn | -6.83 Mn | 47.70 Mn | 15.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 15.20 Mn |
| May 2, 2026 | 15.60 Mn |
| Jan 31, 2026 | 13.70 Mn |
| Nov 1, 2025 | 11.80 Mn |
| Aug 2, 2025 | 17.00 Mn |
| May 3, 2025 | 17.50 Mn |
| Feb 1, 2025 | 14.30 Mn |
| Nov 2, 2024 | 8.10 Mn |
| Jul 27, 2024 | 9.80 Mn |
| Apr 27, 2024 | 8.10 Mn |
| Jan 27, 2024 | 7.60 Mn |
| Oct 28, 2023 | 7.50 Mn |
| Jul 29, 2023 | 6.00 Mn |
| Apr 29, 2023 | 8.10 Mn |
| Jan 28, 2023 | 7.80 Mn |
| Oct 29, 2022 | 8.30 Mn |
| Jul 30, 2022 | 6.40 Mn |
| Apr 30, 2022 | 6.60 Mn |
| Jan 29, 2022 | 17.20 Mn |
| Oct 30, 2021 | 17.30 Mn |
Methode Electronics Current Taxes 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=current-taxes&ticker=MEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "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=current-taxes&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();