Company / Gross Margin
METHODE ELECTRONICS INC Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
15.6%
FY2024
5-year range
15.6% / 27.6%
FY2020-FY2024
Trend
-2.8%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has fluctuated over the past 9 years, ranging from 15.6% in FY2024 to 27.6% in FY2022.
Based on SEC 10-K filings.
15.6% in FY2024 with a 5-year CAGR of -11.2%.
Declined from 27.6% to 15.6% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -11.0pp
- 5-Year Change
- -11.2pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, gross margin decreased 2.8% year-over-year.
- Peak gross margin was recorded in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.99 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 15.6% | -2.8% |
| FY2023 | 16.0% | -41.9% |
| FY2022 | 27.6% | +4.0% |
| FY2021 | 26.6% | +0.7% |
| FY2020 | 26.4% | -1.3% |
| FY2019 | 26.7% | +1.6% |
| FY2018 | 26.3% | +6.0% |
| FY2017 | 24.8% | +22.4% |
| FY2016 | 20.3% | +15.1% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026