Methode Electronics (MEI) Tax Provisions (2010 - 2026)
Methode Electronics' Tax Provisions was $4.1 million in fiscal Q1 2027 (quarter ended Aug 1, 2026), down 2.4% from $4.2 million a year earlier and down 66.7% from the prior quarter.
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Analysis
Methode Electronics (MEI) Tax Provisions (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Methode Electronics' Tax Provisions was $24.9 million through Aug 1, 2026, up 116.5% year-over-year; for FY2026 (ended May 2, 2026), it was $25 million, up 100.0% from FY2025.
- Tax Provisions shows a five-year compound annual growth rate of 14.7% (FY2021 to FY2026).
- In earlier fiscal years, Tax Provisions was $12.5 million in FY2025, -$4.8 million in FY2024, $13 million in FY2023 (-20.2%) and $16.3 million in FY2022 (+29.4%).
- Quarterly Tax Provisions has moved between -$5.8 million (fiscal Q4 2024) and $12.3 million (fiscal Q4 2026) over five years.
- Compared with a year earlier, Tax Provisions was higher in two of the last five quarters, with growth averaging 93.1%.
- The best year-over-year quarter for Tax Provisions over five years was fiscal Q3 2025 (growth of 463.6%); the worst was fiscal Q1 2024 (a decline of 97.7%).
- Per Business Quant data, MEI's Tax Provisions in the three fiscal quarters before Q1 2027 was $12.3 million (Q4 2026), $2.8 million (Q3 2026) and $5.7 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Methode Electronics | 491.19 Mn | -16.81 Mn | 47.70 Mn | 4.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 4.10 Mn |
| May 2, 2026 | 12.30 Mn |
| Jan 31, 2026 | 2.80 Mn |
| Nov 1, 2025 | 5.70 Mn |
| Aug 2, 2025 | 4.20 Mn |
| May 3, 2025 | -2.10 Mn |
| Feb 1, 2025 | 6.20 Mn |
| Nov 2, 2024 | 3.20 Mn |
| Jul 27, 2024 | 5.20 Mn |
| Apr 27, 2024 | -5.80 Mn |
| Jan 27, 2024 | 1.10 Mn |
| Oct 28, 2023 | -200,000.00 |
| Jul 29, 2023 | 100,000.00 |
| Apr 29, 2023 | -300,000.00 |
| Jan 28, 2023 | 3.10 Mn |
| Oct 29, 2022 | 5.80 Mn |
| Jul 30, 2022 | 4.40 Mn |
| Apr 30, 2022 | 1.00 Mn |
| Jan 29, 2022 | 4.10 Mn |
| Oct 30, 2021 | 5.50 Mn |
API Access
Methode Electronics Tax Provisions 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=tax-provisions&ticker=MEI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();