Methode Electronics (MEI) Gross Margin (2010 - 2026)
Methode Electronics' (MEI) quarterly Gross Margin came in at 17.97% in Q3 2026, down 11.0% on a YoY basis from 20.19% in Q3 2025, and down 25.79% quarter-over-quarter from 24.22% in Q2 2026.
Analysis
Methode Electronics (MEI) Gross Margin (2010 - 2026) Analysis & Trends
Methode Electronics (MEI) has reported Gross Margin for 17 consecutive years, with 17.97% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin fell 11.0% year-over-year to 17.97%; the trailing twelve-month figure through Aug 2026 stood at 19.77% (up 401.0% YoY), and the FY2026 full-year result was 19.84%, up 425.0% from the prior year.
- Gross Margin eased to 17.97% in Q3 2026 per MEI's latest filing, from 24.22% in the prior quarter.
- Across five years, Gross Margin topped out at 24.22% in Q2 2026 and bottomed at 7.62% in Q2 2025.
- Historically, Gross Margin has averaged 18.64% across 5 years, with a median of 18.64% in 2023.
- The sharpest annual moves came in 2024 and 2026: Gross Margin tumbled 891 bps in 2024, then jumped 1660 bps in 2026.
- Over 5 years, Gross Margin 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 dropped by 7 bps to 17.97% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 17.97%, 24.22%, and 16.6% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | 41.28% |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 44.13% |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 35.95% |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 49.46% |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 63.29% |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 40.21% |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 55.49% |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 63.39% |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 47.70% |
| 10 | Methode Electronics | 501.40 Mn | 385.20 Mn | 47.70 Mn | 17.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 17.97% |
| 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% |