Methode Electronics Inc balance sheet

At the end of fiscal 2026, Methode Electronics Inc had total assets of $1.31bn, total liabilities of $629m and shareholders' equity of $678m. It held $140m in cash against $325m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Methode Electronics Inc: balance sheet, annual
Fiscal year	2010May 2010	2011Apr 2011	2012Apr 2012	2013Apr 2013	2014May 2014	2015May 2015	2016Apr 2016	2017Apr 2017	2018Apr 2018	2019Apr 2019	2020May 2020	2021May 2021	2022Apr 2022	2023Apr 2023	2024Apr 2024	2025May 2025	2026May 2026	LTMAug 2026
Cash and equivalents	64	57	87	66	116	168	228	294	246	83	217	233	172	157	162	104	140	116
Receivables	—	88	98	120	173	170	176	165	203	219	189	283	273	314	263	241	257	256
Inventory	—	39	44	60	72	71	66	58	84	117	131	124	159	160	186	194	179	185
Total current assets	—	196	240	259	382	438	496	530	550	454	566	674	629	664	638	560	600	584
Goodwill	12	16	16	13	13	2	2	2	59	233	232	236	233	302	170	173	175	174
Total assets	—	335	404	435	576	606	656	704	916	1,232	1,371	1,467	1,389	1,579	1,404	1,306	1,306	1,264
Accounts payable	—	37	55	62	82	70	68	75	90	92	74	123	109	139	132	126	134	137
Total current liabilities	—	63	92	90	119	131	118	124	157	181	144	223	189	228	231	233	254	242
Short-term debt	—	—	—	—	—	—	—	0	4	16	15	15	13	3	0	0	0	0
Long-term debt	—	0	48	44	48	5	57	27	53	277	337	225	198	304	331	317	325	310
Total debt	0	0	48	44	48	5	57	27	62	308	352	240	211	307	331	318	325	311
Total liabilities	—	—	—	—	—	—	—	163	286	542	587	549	475	626	638	613	629	601
Shareholders' equity	240	259	255	289	392	459	470	541	630	690	783	918	914	942	766	693	678	663
Shares outstanding	—	—	38,376m	38m	39m	40m	38m	38m	—	—	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Methode Electronics Inc: balance sheet, quarterly
Quarter	2025 Q2Nov 2024	2025 Q3Feb 2025	2025 Q4May 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Jan 2026	2026 Q4May 2026	2027 Q1Aug 2026
Receivables	256	220	241	216	230	216	257	256
Inventory	228	219	194	191	190	210	179	185
Total current assets	613	572	560	549	555	585	600	584
Goodwill	170	167	173	174	173	176	175	174
Total assets	1,375	1,305	1,306	1,291	1,287	1,306	1,306	1,264
Accounts payable	130	108	126	124	124	137	134	137
Total current liabilities	223	201	233	220	218	243	254	242
Short-term debt	0	0	0	0	0	0	0	0
Long-term debt	340	328	317	323	332	341	325	310
Total debt	341	328	318	323	333	341	325	311
Total liabilities	637	600	613	603	608	631	629	601
Shareholders' equity	738	704	693	688	679	675	678	663

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Methode Electronics Inc's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Methode Electronics Inc.