Tax Rate: 96.85%
Is the tax rate high or low?
The tax rate of 96.85% is 165% above its 5-year average of 36.54%, around the middle of its 5-year range (-3.85%–200.00%).
MEI Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
MEI Average Tax Rate Chart
MEI Current vs Average Tax Rate Chart
MEI Tax Rate Metrics
TAX RATE
96.85%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
102.28%
TAX RATE AVG 5Y
36.54%
TAX RATE AVG 10Y
16.42%
TAX RATE AVG 15Y
14.94%
TAX RATE AVG 20Y
16.48%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-5.31%
CURRENT VS 5Y AVG
+165.06%
CURRENT VS 10Y AVG
+489.85%
CURRENT VS 15Y AVG
+548.37%
CURRENT VS 20Y AVG
+487.70%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Methode Electronics, Inc. (MEI)?
- The tax rate for MEI stock is 96.85%.
- Is Methode Electronics, Inc.'s tax rate high or low?
- The tax rate of 96.85% is 165% above its 5-year average of 36.54%, around the middle of its 5-year range (-3.85%–200.00%).
- What is the 3Y average tax rate for Methode Electronics, Inc. (MEI)?
- The 3Y average tax rate for MEI stock is 102.28%.
- What is the 5Y average tax rate for Methode Electronics, Inc. (MEI)?
- The 5Y average tax rate for MEI stock is 36.54%.
- What is the 10Y average tax rate for Methode Electronics, Inc. (MEI)?
- The 10Y average tax rate for MEI stock is 16.42%.
- What is the 15Y average tax rate for Methode Electronics, Inc. (MEI)?
- The 15Y average tax rate for MEI stock is 14.94%.
- What is the 20Y average tax rate for Methode Electronics, Inc. (MEI)?
- The 20Y average tax rate for MEI stock is 16.48%.
MEI Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-05-02 | 96.85% |
| 2024-11-02 | 200.00% |
| 2023-07-29 | 10.00% |
| 2023-04-30 | -3.85% |
| 2023-01-28 | 13.48% |
| 2022-10-29 | 17.37% |
| 2022-07-30 | 16.99% |
| 2022-04-30 | 5.81% |
| 2022-01-29 | 12.24% |
| 2021-10-30 | 16.67% |
| 2021-07-31 | 16.38% |
| 2021-04-30 | 15.03% |
| 2021-01-30 | 12.60% |
| 2020-10-31 | 16.45% |
| 2020-08-01 | -32.69% |
| 2020-04-30 | 24.94% |
| 2020-02-01 | 6.36% |
| 2019-10-26 | 17.93% |
| 2019-07-27 | 20.51% |
| 2019-04-30 | 24.92% |
| 2019-01-26 | -10.83% |
| 2018-10-27 | 17.05% |
| 2018-07-28 | 15.96% |
| 2018-04-30 | -19.48% |
| 2018-01-27 | 162.15% |
| 2017-10-28 | 16.84% |
| 2017-07-29 | 17.34% |
| 2017-04-30 | 16.91% |
| 2017-01-28 | 21.78% |
| 2016-10-29 | 19.94% |
| 2016-07-30 | 20.60% |
| 2016-04-30 | 25.41% |
| 2016-01-30 | 24.23% |
| 2015-10-31 | 21.19% |
| 2015-08-01 | 23.95% |
| 2015-04-30 | -17.78% |
| 2015-01-31 | 23.01% |
| 2014-11-01 | 25.07% |
| 2014-08-02 | 24.65% |
| 2014-04-30 | -102.94% |
| 2014-02-01 | 8.93% |
| 2013-10-26 | 6.77% |
| 2013-07-27 | 8.69% |
| 2013-04-30 | -230.28% |
| 2013-01-26 | 20.74% |
| 2012-10-27 | 12.19% |
| 2012-07-28 | 10.10% |
| 2012-04-30 | -3.40% |
| 2012-01-28 | 60.05% |
| 2011-10-29 | 90.84% |
| 2011-07-30 | 1.51% |
| 2011-04-30 | -76.66% |
| 2011-01-29 | -34.76% |
| 2010-10-30 | 276.26% |
| 2010-07-31 | 13.74% |
| 2010-04-30 | -119.46% |
| 2009-10-31 | 9.73% |
| 2009-08-01 | 104.76% |
| 2008-11-01 | -47.11% |
| 2008-08-02 | 21.77% |
| 2008-04-30 | 17.49% |
| 2008-02-02 | 13.79% |
| 2007-10-27 | 22.95% |
| 2007-07-28 | 25.29% |
| 2007-04-30 | 18.16% |
| 2007-01-27 | 29.94% |
| 2006-10-31 | 34.33% |
| 2006-07-31 | 37.31% |
| 2006-04-30 | 68.14% |
| 2006-01-31 | 34.19% |
| 2005-10-31 | 32.90% |
| 2005-07-31 | 31.00% |
| 2005-04-30 | 37.21% |
| 2005-01-31 | 31.36% |
| 2004-10-31 | 31.08% |
| 2004-07-31 | 31.02% |
| 2004-04-30 | 25.92% |
| 2004-01-31 | 47.34% |
| 2003-10-31 | 31.51% |
| 2003-07-31 | 31.52% |
| 2003-04-30 | 29.50% |
| 2003-01-31 | 32.54% |
| 2002-10-31 | 32.69% |
| 2002-07-31 | 31.93% |
Related Metrics
About Methode Electronics, Inc.
Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, or other sensing technologies that monitor the operation or status of a component or system. 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 comprising PowerRail solutions, high-current high-voltage flexible power cabling systems, and powder-coated busbars that are used in various markets and applications, including aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation. The Interface segment provides a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market; and solutions, including copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. The company serves end markets of transportation, including automotive, commercial vehicle, e-bike, aerospace, bus, and rail; and cloud computing infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Jonathan DeGaynor