Methode Electronics (MEI) Tax Rate (2010 - 2026)
Methode Electronics' (MEI) quarterly Tax Rate came in at 96.85% in Q2 2026, up 4225.0% YoY from 2.24% in Q2 2025, and up 553.12% on a QoQ basis from 21.37% in Q1 2026.
Methode Electronics (MEI) Tax Rate (2010 - 2026) Analysis & Trends
Methode Electronics (MEI) has 17 years of Tax Rate data on file, last reported at 96.85% in Q2 2026.
- Quarterly Tax Rate rose 4225.0% year-over-year to 96.85% in Q2 2026, while the trailing twelve-month figure through May 2026 was 233.64% (down 23764.0% YoY) and the FY2026 annual result came in at 233.64%, down 23764.0% from the prior year.
- Tax Rate improved to 96.85% in Q2 2026, from 21.37% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 200.0% in Q4 2024 to a low of 135.71% in Q4 2025.
- A 5-year average of 11.5% and a median of 11.12% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate surged 19964 bps — and 2025, when it sank 33571 bps.
- Tracing MEI's Tax Rate over 5 years: stood at 17.37% in 2022, then slumped by 98 bps to 0.36% in 2023, then soared by 55400 bps to 200.0% in 2024, then slumped by 168 bps to 135.71% in 2025, then soared by 171 bps to 96.85% in 2026.
- The last three Tax Rate figures came in at 96.85% (Q2 2026), 21.37% (Q1 2026), and 135.71% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 378.62 Bn | 372.51 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.23 Bn | 127.73 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.62 Bn | 57.38 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 40.26 Bn | 37.42 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.38 Bn | 33.85 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.23 Bn | 31.87 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 15.93 Bn | 15.05 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 11.85 Bn | 11.33 Bn | 211.86 Mn | -2.22% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 23.63% |
| 10 | Methode Electronics | 511.69 Mn | 372.09 Mn | 72.20 Mn | 96.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 96.85% |
| May 2, 2026 | 96.85% |
| May 2, 2026 | 96.85% |
| Jan 31, 2026 | -21.37% |
| Jan 31, 2026 | -21.37% |
| Jan 31, 2026 | -21.37% |
| Nov 1, 2025 | -135.71% |
| Nov 1, 2025 | -135.71% |
| Nov 1, 2025 | -135.71% |
| Aug 2, 2025 | -68.85% |
| Aug 2, 2025 | -68.85% |
| Aug 2, 2025 | -68.85% |
| May 3, 2025 | 54.61% |
| May 3, 2025 | 54.61% |
| May 3, 2025 | 54.61% |
| Feb 1, 2025 | -75.61% |
| Feb 1, 2025 | -75.61% |
| Feb 1, 2025 | -75.61% |
| Nov 2, 2024 | 200.00% |
| Nov 2, 2024 | 200.00% |