Company / Gross Profit
METHODE ELECTRONICS INC Gross Profit History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$163.4M
FY2024
5-year range
$163.4M / $282.9M
FY2020-FY2024
Trend
-8.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit has fluctuated over the past 9 years, ranging from $157M in FY2016 to $283M in FY2022.
Based on SEC 10-K filings.
$163M in FY2024 with a 5-year CAGR of -5.6%.
Declined from $283M to $163M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -15.0%
- 5-Year CAGR
- -5.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -5.6%, indicating a declining trend.
- In FY2024, gross profit decreased 8.6% year-over-year.
- Peak gross profit was recorded in FY2022.
- Lowest gross profit in the period was in FY2016.
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 ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $163.4M | -8.6% |
| FY2023 | $178.8M | -36.8% |
| FY2022 | $282.9M | +6.4% |
| FY2021 | $265.8M | +10.9% |
| FY2020 | $239.6M | +9.8% |
| FY2019 | $218.3M | +2.5% |
| FY2018 | $212.9M | -2.7% |
| FY2017 | $218.8M | +39.6% |
| FY2016 | $156.7M | +71.1% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026