Methode Electronics (MEI) Work In Process (2011 - 2026)
Methode Electronics (MEI) reported Work In Process of $23.3 million for fiscal Q3 2026 (quarter ended Jan 31, 2026), down 3.3% from $24.1 million a year earlier but up 1.7% from the prior quarter.
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Analysis
Methode Electronics (MEI) Work In Process (2011 - 2026) Analysis & Trends
At the end of FY2025 (ended May 3, 2025), Methode Electronics posted Work In Process of $20.7 million, up 28.6% from FY2024.
- Work In Process has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 13.9% (FY2020 to FY2025).
- By fiscal year, Work In Process came in at $16.1 million in FY2024 (+11.8%), $14.4 million in FY2023 (+11.6%), $12.9 million in FY2022 (-7.9%) and $14 million in FY2021 (+29.6%).
- Five-year quarterly Work In Process spans a low of $12.9 million in fiscal Q4 2022 and a high of $24.1 million in fiscal Q3 2025.
- Year over year, Work In Process gained in five of the last six quarters, with growth averaging 16.7%.
- The high point for year-over-year Work In Process in five years was fiscal Q1 2022 (growth of 40.5%); the low point was fiscal Q1 2023 (a decline of 16.7%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $22.9 million (Q2 2026), $23 million (Q1 2026) and $20.7 million (Q4 2025).
Peer Set
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
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 |
API Access
Methode Electronics Work In Process 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=work-in-process&ticker=MEI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();