Methode Electronics (MEI) Payout Ratio (2011 - 2023)
Methode Electronics' (MEI) Payout Ratio was 0.36 for fiscal Q1 2024 (quarter ended Jul 29, 2023), up 66.6% from 0.21 a year earlier and up 38.5% from the prior quarter.
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Analysis
Methode Electronics (MEI) Payout Ratio (2011 - 2023) Analysis & Trends
For FY2023 (ended Apr 29, 2023), Payout Ratio at Methode Electronics was 0.26, up 28.7% from FY2022.
- Payout Ratio has increased for three consecutive fiscal years.
- By fiscal year, Payout Ratio came in at 0.20 in FY2022 (+40.3%), 0.14 in FY2021 (+7.7%), 0.13 in FY2020 (-25.8%) and 0.18 in FY2019 (-30.8%).
- The fiscal Q1 2024 figure ranks as the highest quarterly Payout Ratio since fiscal Q1 2013.
- Year over year, Payout Ratio has now increased in each of the last eight quarters, with growth averaging 38.1% over the last eight quarters.
- The high point for year-over-year Payout Ratio in five years was fiscal Q2 2019 (growth of 113.8%); the low point was fiscal Q2 2020 (a decline of 53.6%).
- Per Business Quant data, the three fiscal quarters before Q1 2024 came in at 0.26 (Q4 2023), 0.23 (Q3 2023) and 0.21 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Methode Electronics | 491.19 Mn | -16.81 Mn | 47.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 29, 2023 | 0.36 |
| Apr 29, 2023 | 0.26 |
| Jan 28, 2023 | 0.23 |
| Oct 29, 2022 | 0.21 |
| Jul 30, 2022 | 0.21 |
| Apr 30, 2022 | 0.20 |
| Jan 29, 2022 | 0.17 |
| Oct 30, 2021 | 0.16 |
| Jul 31, 2021 | 0.13 |
| May 1, 2021 | 0.14 |
| Jan 30, 2021 | 0.14 |
| Oct 31, 2020 | 0.13 |
| Aug 1, 2020 | 0.15 |
| May 2, 2020 | 0.13 |
| Feb 1, 2020 | 0.14 |
| Oct 26, 2019 | 0.15 |
| Jul 27, 2019 | 0.17 |
| Apr 27, 2019 | 0.18 |
| Jan 26, 2019 | 0.16 |
| Oct 27, 2018 | 0.32 |
API Access
Methode Electronics Payout Ratio 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=payout-ratio&ticker=MEI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();