Methode Electronics (MEI) Gross Margin (2010 - 2026)
Methode Electronics (MEI) recorded quarterly Gross Margin of 16.6% in Q1 2026, down 14.06% on a QoQ basis from 19.32% in Q4 2025, and down 61.0% year-over-year from 42.57% in Q1 2025.
Methode Electronics (MEI) Gross Margin (2010 - 2026) Analysis & Trends
Methode Electronics has disclosed Gross Margin across 17 years of filings, most recently posting 16.6% for Q1 2026.
- Quarterly Gross Margin fell 61.0% year-over-year to 16.6% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 15.29% (down 149.0% YoY) and the FY2025 annual result came in at 15.59%, down 45.0% from the prior year.
- Gross Margin declined to 16.6% in Q1 2026, from 19.32% in the prior quarter.
- Over five years, Gross Margin peaked at 23.7% in Q1 2022 and troughed at 7.62% in Q2 2025.
- A 5-year average of 18.35% and a median of 18.64% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 891 bps — and 2025, when it jumped 296 bps.
- Tracing MEI's Gross Margin over 5 years: stood at 23.46% in 2022, then retreated by 23 bps to 18.16% in 2023, then climbed by 9 bps to 19.79% in 2024, then slipped by 2 bps to 19.32% in 2025, then retreated by 14 bps to 16.6% in 2026.
- Business Quant data shows MEI's Gross Margin at 16.6% in Q1 2026, 19.32% in Q4 2025, and 18.09% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 36.75% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 36.87% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 36.78% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 9.39% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 10.80% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 9.01% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 11.89% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 21.42% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 8.82% |
| 10 | Methode Electronics | 404.87 Mn | 271.17 Mn | 38.80 Mn | 16.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 1, 2021 | 25.12% |