Financial Statements

Methode Electronics, Inc. (MEI)

$45.62

+0.28 (+0.62%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 746652545472-
Net Income 1021221239257
Stock Dividends -64-11-0-2430
Dividend Paid -20-17-16-16-15
Retained Earnings 764746652545472

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 226225192162-
Annual Depreciation 29267980211
Capital Expenditure -38-25-45-50-48
Net PPE 217226225192162

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -59233232236
New Purchases -----
Intangible and Goodwill 59233232236233

Methode Electronics, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Methode Electronics, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.