Methode Electronics (MEI) Work In Process (2011 - 2026)
Methode Electronics' (MEI) quarterly Work In Process came in at $23.3 million in Q1 2026, down 3.32% on a YoY basis from $24.1 million in Q1 2025, and up 1.75% quarter-over-quarter from $22.9 million in Q4 2025.
Analysis
Methode Electronics (MEI) Work In Process (2011 - 2026) Analysis & Trends
Methode Electronics (MEI) has reported Work In Process for 16 consecutive years, with $23.3 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Work In Process fell 3.32% year-over-year to $23.3 million; the trailing twelve-month figure through Jan 2026 stood at $23.3 million (down 3.32% YoY), and the FY2025 full-year result was $20.7 million, up 28.57% from the prior year.
- Work In Process grew to $23.3 million in Q1 2026 per MEI's latest filing, from $22.9 million in the prior quarter.
- Across five years, Work In Process topped out at $24.1 million in Q1 2025 and bottomed at $12.9 million in Q2 2022.
- Historically, Work In Process has averaged $18.3 million across 5 years, with a median of $17.8 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Work In Process dropped 16.67% in 2022, then jumped 35.39% in 2025.
- Over 5 years, Work In Process stood at $15.0 million in 2022, then grew by 18.0% to $17.7 million in 2023, then grew by 18.64% to $21.0 million in 2024, then increased by 9.05% to $22.9 million in 2025, then gained by 1.75% to $23.3 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $23.3 million, $22.9 million, and $23.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn |
| 10 | Methode Electronics | 501.40 Mn | 385.20 Mn | 47.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 23.30 Mn |
| Nov 1, 2025 | 22.90 Mn |
| Aug 2, 2025 | 23.00 Mn |
| May 3, 2025 | 20.70 Mn |
| Feb 1, 2025 | 24.10 Mn |
| Nov 2, 2024 | 21.00 Mn |
| Apr 27, 2024 | 16.10 Mn |
| Jan 27, 2024 | 17.80 Mn |
| Oct 28, 2023 | 17.70 Mn |
| Jul 29, 2023 | 17.50 Mn |
| Apr 29, 2023 | 14.40 Mn |
| Jan 28, 2023 | 18.70 Mn |
| Oct 29, 2022 | 15.00 Mn |
| Jul 30, 2022 | 13.00 Mn |
| Apr 30, 2022 | 12.90 Mn |
| Jan 29, 2022 | 15.20 Mn |
| Oct 30, 2021 | 14.50 Mn |
| Jul 31, 2021 | 15.60 Mn |
| May 1, 2021 | 14.00 Mn |
| Jan 30, 2021 | 12.90 Mn |