Methode Electronics (MEI) Operating Leases (2019 - 2026)
Methode Electronics' Operating Leases was $13.8 million in fiscal Q1 2027 (quarter ended Aug 1, 2026), down 17.9% from $16.8 million a year earlier and down 6.8% from the prior quarter.
Methode Electronics (MEI) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended May 2, 2026), Operating Leases at Methode Electronics came in at $14.8 million, down 18.7% from FY2025.
- Operating Leases has now declined for three consecutive fiscal years, with a five-year compound annual growth rate of -3.3% (FY2021 to FY2026).
- In earlier fiscal years, Operating Leases was $18.2 million in FY2025 (-11.7%), $20.6 million in FY2024 (-5.5%), $21.8 million in FY2023 (+47.3%) and $14.8 million in FY2022 (-15.4%).
- The fiscal Q1 2027 figure marks the lowest quarterly Operating Leases since fiscal Q1 2023.
- Compared with a year earlier, Operating Leases has declined for seven straight quarters, with an average decline of 14.2% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was fiscal Q3 2023 (growth of 78.3%); the worst was fiscal Q3 2022 (a decline of 30.6%).
- Per Business Quant data, MEI's Operating Leases in the three fiscal quarters before Q1 2027 was $14.8 million (Q4 2026), $15.2 million (Q3 2026) and $15.3 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 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 |
| 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 |
| 10 | Methode Electronics | 501.17 Mn | -6.83 Mn | 47.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 13.80 Mn |
| May 2, 2026 | 14.80 Mn |
| Jan 31, 2026 | 15.20 Mn |
| Nov 1, 2025 | 15.30 Mn |
| Aug 2, 2025 | 16.80 Mn |
| May 3, 2025 | 18.20 Mn |
| Feb 1, 2025 | 19.80 Mn |
| Nov 2, 2024 | 21.50 Mn |
| Jul 27, 2024 | 19.90 Mn |
| Apr 27, 2024 | 20.60 Mn |
| Jan 27, 2024 | 19.90 Mn |
| Oct 28, 2023 | 20.90 Mn |
| Jul 29, 2023 | 22.40 Mn |
| Apr 29, 2023 | 21.80 Mn |
| Jan 28, 2023 | 23.00 Mn |
| Oct 29, 2022 | 19.00 Mn |
| Jul 30, 2022 | 13.50 Mn |
| Apr 30, 2022 | 14.80 Mn |
| Jan 29, 2022 | 12.90 Mn |
| Oct 30, 2021 | 16.00 Mn |
Methode Electronics Operating Leases 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=operating-leases&ticker=MEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();