Current Ratio: 2.37
Is the current ratio high or low?
The current ratio of 2.37 is 17% below its 5-year average of 2.87, near the low end of its 5-year range (2.35–3.51).
As of Saturday, June 27, 2026. 3.25% below its 12-month average of 2.45.
MEI Current Ratio
Reported quarterly current ratio; no daily interpolation.
MEI Average Current Ratio Chart
MEI Current vs Average Current Ratio Chart
MEI Current Ratio Metrics
CURRENT RATIO
2.37
CURRENT RATIO AVG TTM
2.45
CURRENT RATIO AVG 3Y
2.64
CURRENT RATIO AVG 5Y
2.87
CURRENT RATIO AVG 10Y
3.18
CURRENT RATIO AVG 15Y
3.19
CURRENT RATIO AVG 20Y
3.22
CURRENT VS TTM AVG
-3.25%
CURRENT VS 3Y AVG
-10.51%
CURRENT VS 5Y AVG
-17.44%
CURRENT VS 10Y AVG
-25.58%
CURRENT VS 15Y AVG
-25.89%
CURRENT VS 20Y AVG
-26.59%
MEI Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Methode Electronics, Inc. (MEI) | $679.64M | 2.37 | 2.45 | 2.64 | 2.87 |
| LightPath Technologies, Inc. (LPTH)vs › | $633.44M | 1.66 | 1.79 | 2.28 | 2.41 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $726.60M | N/A | N/A | N/A | N/A |
| PagerDuty, Inc. (PD)vs › | $807.68M | 2.01 | 1.94 | 2.15 | 2.52 |
| Oddity Tech Ltd. (ODD)vs › | $821.33M | 5.24 | 3.52 | 2.67 | 2.47 |
| ZoomInfo Technologies Inc. (GTM)vs › | $832.58M | 0.72 | 0.70 | 1.05 | 1.11 |
| One Stop Systems, Inc. (OSS)vs › | $397.79M | 9.13 | 6.53 | 5.84 | 5.06 |
| Red Cat Holdings, Inc. (RCAT)vs › | $997.53M | 15.29 | 10.73 | 8.88 | 7.68 |
| Nano Dimension Ltd. (NNDM)vs › | $288.71M | 10.02 | 17.81 | 22.57 | 38.74 |
| Lightwave Logic, Inc. (LWLG)vs › | $1.21B | 32.69 | 24.22 | 19.49 | 16.17 |
Liquidity Analysis
Current Ratio
2.37
Quick Ratio
1.66
Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Current Ratio FAQ
- What is the current ratio for Methode Electronics, Inc. (MEI)?
- The current ratio for MEI stock is 2.37.
- Is Methode Electronics, Inc.'s current ratio high or low?
- The current ratio of 2.37 is 17% below its 5-year average of 2.87, near the low end of its 5-year range (2.35–3.51).
- What is the TTM average current ratio for Methode Electronics, Inc. (MEI)?
- The TTM average current ratio for MEI stock is 2.45.
- What is the 3Y average current ratio for Methode Electronics, Inc. (MEI)?
- The 3Y average current ratio for MEI stock is 2.64.
- What is the 5Y average current ratio for Methode Electronics, Inc. (MEI)?
- The 5Y average current ratio for MEI stock is 2.87.
- What is the 10Y average current ratio for Methode Electronics, Inc. (MEI)?
- The 10Y average current ratio for MEI stock is 3.18.
- What is the 15Y average current ratio for Methode Electronics, Inc. (MEI)?
- The 15Y average current ratio for MEI stock is 3.19.
- What is the 20Y average current ratio for Methode Electronics, Inc. (MEI)?
- The 20Y average current ratio for MEI stock is 3.22.
MEI Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2026-05-02 | 2.37 |
| 2026-01-31 | 2.41 |
| 2025-11-01 | 2.55 |
| 2025-08-02 | 2.50 |
| 2025-05-03 | 2.40 |
| 2025-02-01 | 2.84 |
| 2024-11-02 | 2.75 |
| 2024-07-27 | 2.35 |
| 2024-04-27 | 2.76 |
| 2024-01-27 | 2.74 |
| 2023-10-28 | 2.92 |
| 2023-07-29 | 3.15 |
| 2023-04-30 | 2.91 |
| 2023-01-28 | 3.51 |
| 2022-10-29 | 3.09 |
| 2022-07-30 | 3.26 |
| 2022-04-30 | 3.34 |
| 2022-01-29 | 3.14 |
| 2021-10-30 | 3.09 |
| 2021-07-31 | 3.24 |
| 2021-04-30 | 3.03 |
| 2021-01-30 | 3.08 |
| 2020-10-31 | 3.43 |
| 2020-08-01 | 3.74 |
| 2020-04-30 | 3.93 |
| 2020-02-01 | 2.84 |
| 2019-10-26 | 2.53 |
| 2019-07-27 | 2.55 |
| 2019-04-30 | 2.51 |
| 2019-01-26 | 2.53 |
| 2018-10-27 | 2.56 |
| 2018-07-28 | 3.83 |
| 2018-04-30 | 3.50 |
| 2018-01-27 | 4.03 |
| 2017-10-28 | 3.74 |
| 2017-07-29 | 4.32 |
| 2017-04-30 | 4.26 |
| 2017-01-28 | 4.49 |
| 2016-10-29 | 4.36 |
| 2016-07-30 | 4.64 |
| 2016-04-30 | 4.21 |
| 2016-01-30 | 4.15 |
| 2015-10-31 | 4.04 |
| 2015-08-01 | 4.11 |
| 2015-04-30 | 3.36 |
| 2015-01-31 | 3.32 |
| 2014-11-01 | 3.18 |
| 2014-08-02 | 3.24 |
| 2014-04-30 | 3.24 |
| 2014-02-01 | 3.29 |
| 2013-10-26 | 2.98 |
| 2013-07-27 | 2.83 |
| 2013-04-30 | 2.86 |
| 2013-01-26 | 2.96 |
| 2012-10-27 | 2.77 |
| 2012-07-28 | 2.67 |
| 2012-04-30 | 2.62 |
| 2012-01-28 | 3.20 |
| 2011-10-29 | 3.39 |
| 2011-07-30 | 3.44 |
| 2011-04-30 | 3.12 |
| 2011-01-29 | 3.01 |
| 2010-10-30 | 2.62 |
| 2010-07-31 | 3.15 |
| 2010-04-30 | 3.14 |
| 2010-01-30 | 3.08 |
| 2009-10-31 | 3.29 |
| 2009-08-01 | 3.54 |
| 2009-04-30 | 3.39 |
| 2009-01-31 | 4.41 |
| 2008-11-01 | 3.57 |
| 2008-08-02 | 3.82 |
| 2008-04-30 | 3.39 |
| 2008-02-02 | 3.39 |
| 2007-10-27 | 2.97 |
| 2007-07-28 | 3.05 |
| 2007-04-30 | 2.89 |
| 2007-01-27 | 3.46 |
| 2006-10-31 | 3.51 |
| 2006-07-31 | 3.49 |
| 2006-04-30 | 2.98 |
| 2006-01-31 | 3.36 |
| 2005-10-31 | 3.07 |
| 2005-07-31 | 3.28 |
| 2005-04-30 | 3.15 |
| 2005-01-31 | 3.11 |
| 2004-10-31 | 3.17 |
| 2004-07-31 | 3.18 |
| 2004-04-30 | 2.96 |
| 2004-01-31 | 3.08 |
| 2003-10-31 | 3.26 |
| 2003-07-31 | 3.36 |
| 2003-04-30 | 3.55 |
| 2003-01-31 | 3.41 |
| 2002-10-31 | 3.54 |
| 2002-07-31 | 3.33 |
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