Methode Electronics (MEI) Gross Margin (2010 - 2026)
Methode Electronics' (MEI) quarterly Gross Margin came in at 24.22% in Q2 2026, up 1660.0% YoY from 1.38% in Q2 2025, and up 45.88% on a QoQ basis from 16.6% in Q1 2026.
Methode Electronics (MEI) Gross Margin (2010 - 2026) Analysis & Trends
Methode Electronics (MEI) has 17 years of Gross Margin data on file, last reported at 24.22% in Q2 2026.
- Quarterly Gross Margin rose 1660.0% year-over-year to 24.22% in Q2 2026, while the trailing twelve-month figure through May 2026 was 19.84% (up 425.0% YoY) and the FY2026 annual result came in at 19.84%, up 425.0% from the prior year.
- Gross Margin grew to 24.22% in Q2 2026, from 16.6% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 24.22% in Q2 2026 to a low of 7.62% in Q2 2025.
- A 5-year average of 18.68% and a median of 18.83% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 891 bps — and 2026, when it soared 1660 bps.
- Tracing MEI's Gross Margin over 5 years: stood at 23.46% in 2022, then declined by 23 bps to 18.16% in 2023, then gained by 9 bps to 19.79% in 2024, then retreated by 2 bps to 19.32% in 2025, then grew by 25 bps to 24.22% in 2026.
- The last three Gross Margin figures came in at 24.22% (Q2 2026), 16.6% (Q1 2026), and 19.32% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 379.86 Bn | 373.75 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 130.57 Bn | 128.07 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.60 Bn | 57.36 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 40.47 Bn | 37.63 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.26 Bn | 33.73 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 33.31 Bn | 31.95 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 15.88 Bn | 15.01 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 11.94 Bn | 11.43 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | 41.43% |
| 10 | Methode Electronics | 511.87 Mn | 372.27 Mn | 72.20 Mn | 24.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 24.22% |
| Jan 31, 2026 | 16.60% |
| Nov 1, 2025 | 19.32% |
| Aug 2, 2025 | 18.09% |
| May 3, 2025 | 7.62% |
| Feb 1, 2025 | 17.22% |
| Nov 2, 2024 | 19.79% |
| Jul 27, 2024 | 17.25% |
| Apr 27, 2024 | 12.80% |
| Jan 27, 2024 | 14.26% |
| Oct 28, 2023 | 18.16% |
| Jul 29, 2023 | 18.64% |
| Apr 29, 2023 | 21.02% |
| Jan 28, 2023 | 23.17% |
| Oct 29, 2022 | 23.46% |
| Jul 30, 2022 | 21.88% |
| Apr 30, 2022 | 19.02% |
| Jan 29, 2022 | 23.70% |
| Oct 30, 2021 | 23.42% |
| Jul 31, 2021 | 24.91% |