Companies · MEI
Methode Electronics
AI-generated · informational only · not investment advice · verify before relying.
Latest analysis
Updated Sep 25, 2026
Methode Awards 2027 LTI Program to Executives; CEO Retention Award Critical to Transformation
Methode Electronics awarded time-based and performance-based restricted stock units to executive officers on September 22, 2026, as part of its 2027 long-term incentive program. CEO Jonathan DeGaynor received an additional 150,000 time-based RSUs with a five-year cliff vest, which the Compensation Committee deemed critical to his retention as the company continues operational transformation. The broader LTI program allocates 60% of PSU awards to total stockholder return and 40% to return on invested capital, measured through fiscal 2029.
Tone: neutralRevenue
$1B
MEI 10-K · FY 2026
Employees
6,650
Revenue FY2025
$1B
Headquarters
Southfield, MI
Profile
MEI 10-K Item 1 · Jun 24, 2026Methode Electronics is a global supplier of custom engineered mechatronic products serving OEMs and tiered suppliers across automotive, industrial, and commercial markets. The company designs and manufactures power distribution components, user interface systems, LED lighting solutions, and sensor applications. Its products serve transportation, data center infrastructure, and construction equipment end markets.
Read filing description ↓ Collapse description ↑
We are a leading global supplier of custom engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. We design, engineer, and manufacture mechatronic products for Original Equipment Manufacturers ('OEMs') and tiered suppliers across mobility, industrial, and commercial markets. Our capabilities include power distribution, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards; as well as user interface components, specialized light-emitting diode ('LED') lighting solutions, and sensor applications. Our products are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing and data center infrastructure, and construction equipment. Our business is managed on a segment basis, with those segments being Automotive, Industrial and Interface. In the fourth quarter of fiscal 2026, we divested our dataMate business and the consumer appliance business is winding down as programs roll-off, both of which are included in our Interface segment. We reported a fourth segment, Medical, through fiscal 2024. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile OEMs and their tiered suppliers across a broad range of vehicle platforms and powertrains. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, high-current high-voltage flexible power cabling systems and powder-coated busbars. The Interface segment provides high-speed digital communication over copper media solutions for the data networking and broadband markets, and user interface panel solutions for the appliance market.
Primary products
- busbars
- smart connect systems
- battery disconnect units
- integrated circuit boards
- user interface components
- LED lighting solutions
Business segments
End markets
Geographies
“The markets in which we operate are highly competitive and characterized by rapid changes due to technological improvements and developments. We compete with a large number of other manufacturers in each of our product areas and many of these competitors have greater resources and sales.” Competitive position, as stated in the filing
Revenue commentary · FY 2026
Net sales decreased $28.9 million, or 2.8%, to $1,019.2 million in fiscal 2026, compared to $1,048.1 million in fiscal 2025, driven by program roll-offs in Automotive and Interface, partially offset by customer recoveries and higher Industrial segment volume.
The rest of MEI is for subscribers
Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.