Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Methode Electronics Inc (Methode) is a technology company that offers products such as user interface, lighting, sensors, medical devices, power distribution and digital data. The company’s user interface products include touch panels, touchscreens, ergo-switches, ergo-knobs, center stacks, center consoles, door switches, overhead consoles and access modules among others. Methode data products include copper transceivers and modules, data center cabinets and cages, among others. It has manufacturing facilities in the US, China, Belgium, Egypt, Malta, Canada, and Mexico. Methode is headquartered in Chicago, Illinois, the US.
Headquarters
United States of America
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, Illinois, 60631
Website
www.methode.com
Telephone
1 302 6587581
No of Employees
6,500
Industry
Technology and Communications
Ticker Symbol & Exchange
MEI (NYSE)
Revenue (2024)
$1.0B
-6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
49.2%
(2024 vs 2023)
Market Cap*
$305.8M
Net Profit Margin (2024)
XYZ
46.0%
(2024 vs 2023)
* As of and is in US$
Methode Electronics Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Mechatronic Products |
| User Interface: |
| Touch panels |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In April, the company acquired 80.7% stake in Nordic Lights Group Corporation. |
| 2019 | Contracts/Agreements | In October, the company entered into an sales and marketing distribution agreement with LEA Networks to market and sell mDPU and associated SFP modules. |
| 2018 | Contracts/Agreements | In August, the company entered into an agreement to acquire Grakon Parent, Inc. |
Competitor Comparison
| Key Parameters | Methode Electronics Inc | Gentex Corporation | Littelfuse Inc | Powell Industries Inc | CTS Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Chicago | Zeeland | Rosemont | Houston | Lisle |
| State/Province | Illinois | Michigan | Illinois | Texas | Illinois |
| No. of Employees | 6,500 | 6,398 | 17,000 | 3,143 | 3,492 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark D. Schwabero | Chairman | Executive Board | 2024 | 72 |
| Jonathan B. DeGaynor | Chief Executive Officer; Director; President | Executive Board | 2024 | 59 |
| Laura Kowalchik | Chief Financial Officer | Senior Management | 2024 | - |
| John T. Erwin | Chief - Procurement and EHS Officer | Senior Management | 2025 | - |
| Lars Ullrich | Senior Vice President - Global Automotive Business | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer