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Side-by-side financial comparison of METHODE ELECTRONICS INC (MEI) and OFG BANCORP (OFG). Click either name above to swap in a different company.

METHODE ELECTRONICS INC is the larger business by last-quarter revenue ($246.9M vs $184.3M, roughly 1.3× OFG BANCORP). OFG BANCORP runs the higher net margin — 30.3% vs -4.0%, a 34.3% gap on every dollar of revenue. On growth, OFG BANCORP posted the faster year-over-year revenue change (0.9% vs -15.6%). OFG BANCORP produced more free cash flow last quarter ($199.3M vs $-11.6M). Over the past eight quarters, OFG BANCORP's revenue compounded faster (2.8% CAGR vs -2.5%).

Methode Electronics is an American multinational company headquartered in Chicago, Illinois, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.

OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....

MEI vs OFG — Head-to-Head

Bigger by revenue
MEI
MEI
1.3× larger
MEI
$246.9M
$184.3M
OFG
Growing faster (revenue YoY)
OFG
OFG
+16.5% gap
OFG
0.9%
-15.6%
MEI
Higher net margin
OFG
OFG
34.3% more per $
OFG
30.3%
-4.0%
MEI
More free cash flow
OFG
OFG
$210.9M more FCF
OFG
$199.3M
$-11.6M
MEI
Faster 2-yr revenue CAGR
OFG
OFG
Annualised
OFG
2.8%
-2.5%
MEI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MEI
MEI
OFG
OFG
Revenue
$246.9M
$184.3M
Net Profit
$-9.9M
$55.9M
Gross Margin
19.3%
Operating Margin
1.2%
25.7%
Net Margin
-4.0%
30.3%
Revenue YoY
-15.6%
0.9%
Net Profit YoY
-518.8%
11.0%
EPS (diluted)
$-0.28
$1.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MEI
MEI
OFG
OFG
Q4 25
$246.9M
$184.3M
Q3 25
$240.5M
$186.2M
Q2 25
$257.1M
$182.4M
Q1 25
$239.9M
$178.6M
Q4 24
$292.6M
$182.7M
Q3 24
$258.5M
$174.7M
Q2 24
$277.3M
$179.8M
Q1 24
$259.5M
$174.4M
Net Profit
MEI
MEI
OFG
OFG
Q4 25
$-9.9M
$55.9M
Q3 25
$-10.3M
$51.8M
Q2 25
$-28.3M
$51.8M
Q1 25
$-14.4M
$45.6M
Q4 24
$-1.6M
$50.3M
Q3 24
$-18.3M
$47.0M
Q2 24
$-57.3M
$51.1M
Q1 24
$-11.6M
$49.7M
Gross Margin
MEI
MEI
OFG
OFG
Q4 25
19.3%
Q3 25
18.1%
Q2 25
7.6%
Q1 25
17.2%
Q4 24
19.8%
Q3 24
17.3%
Q2 24
12.8%
Q1 24
14.3%
Operating Margin
MEI
MEI
OFG
OFG
Q4 25
1.2%
25.7%
Q3 25
0.5%
33.0%
Q2 25
-9.2%
36.1%
Q1 25
-0.9%
33.3%
Q4 24
3.2%
28.9%
Q3 24
-2.9%
35.4%
Q2 24
-22.2%
39.6%
Q1 24
-1.2%
38.9%
Net Margin
MEI
MEI
OFG
OFG
Q4 25
-4.0%
30.3%
Q3 25
-4.3%
27.8%
Q2 25
-11.0%
28.4%
Q1 25
-6.0%
25.5%
Q4 24
-0.5%
27.6%
Q3 24
-7.1%
26.9%
Q2 24
-20.7%
28.4%
Q1 24
-4.5%
28.5%
EPS (diluted)
MEI
MEI
OFG
OFG
Q4 25
$-0.28
$1.27
Q3 25
$-0.29
$1.16
Q2 25
$-0.79
$1.15
Q1 25
$-0.41
$1.00
Q4 24
$-0.05
$1.10
Q3 24
$-0.52
$1.00
Q2 24
$-1.62
$1.08
Q1 24
$-0.33
$1.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MEI
MEI
OFG
OFG
Cash + ST InvestmentsLiquidity on hand
$118.5M
$1.0B
Total DebtLower is stronger
$332.5M
Stockholders' EquityBook value
$679.3M
$1.4B
Total Assets
$1.3B
$12.5B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
OFG
OFG
Q4 25
$118.5M
$1.0B
Q3 25
$121.1M
$740.3M
Q2 25
$103.6M
$851.8M
Q1 25
$103.8M
$710.6M
Q4 24
$97.0M
$591.1M
Q3 24
$111.3M
$680.6M
Q2 24
$161.5M
$740.4M
Q1 24
$122.9M
$754.4M
Total Debt
MEI
MEI
OFG
OFG
Q4 25
$332.5M
Q3 25
$323.4M
Q2 25
$317.6M
Q1 25
$327.9M
Q4 24
$340.6M
Q3 24
$296.0M
Q2 24
$330.9M
Q1 24
$331.3M
Stockholders' Equity
MEI
MEI
OFG
OFG
Q4 25
$679.3M
$1.4B
Q3 25
$688.1M
$1.4B
Q2 25
$693.3M
$1.3B
Q1 25
$704.3M
$1.3B
Q4 24
$738.3M
$1.3B
Q3 24
$744.4M
$1.3B
Q2 24
$766.0M
$1.2B
Q1 24
$835.0M
$1.2B
Total Assets
MEI
MEI
OFG
OFG
Q4 25
$1.3B
$12.5B
Q3 25
$1.3B
$12.2B
Q2 25
$1.3B
$12.2B
Q1 25
$1.3B
$11.7B
Q4 24
$1.4B
$11.5B
Q3 24
$1.4B
$11.5B
Q2 24
$1.4B
$11.3B
Q1 24
$1.5B
$11.2B
Debt / Equity
MEI
MEI
OFG
OFG
Q4 25
0.49×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.46×
Q3 24
0.40×
Q2 24
0.43×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MEI
MEI
OFG
OFG
Operating Cash FlowLast quarter
$-7.4M
$217.7M
Free Cash FlowOCF − Capex
$-11.6M
$199.3M
FCF MarginFCF / Revenue
-4.7%
108.1%
Capex IntensityCapex / Revenue
1.7%
10.0%
Cash ConversionOCF / Net Profit
3.90×
TTM Free Cash FlowTrailing 4 quarters
$52.3M
$345.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
OFG
OFG
Q4 25
$-7.4M
$217.7M
Q3 25
$25.1M
$39.5M
Q2 25
$35.4M
$35.9M
Q1 25
$28.1M
$83.1M
Q4 24
$-48.0M
$252.5M
Q3 24
$10.9M
$58.1M
Q2 24
$24.9M
$95.1M
Q1 24
$28.8M
$61.0M
Free Cash Flow
MEI
MEI
OFG
OFG
Q4 25
$-11.6M
$199.3M
Q3 25
$18.0M
$35.5M
Q2 25
$26.3M
$31.8M
Q1 25
$19.6M
$78.7M
Q4 24
$-58.4M
$231.2M
Q3 24
$-2.7M
$51.8M
Q2 24
$15.8M
$90.4M
Q1 24
$12.2M
$54.8M
FCF Margin
MEI
MEI
OFG
OFG
Q4 25
-4.7%
108.1%
Q3 25
7.5%
19.1%
Q2 25
10.2%
17.4%
Q1 25
8.2%
44.1%
Q4 24
-20.0%
126.5%
Q3 24
-1.0%
29.6%
Q2 24
5.7%
50.3%
Q1 24
4.7%
31.4%
Capex Intensity
MEI
MEI
OFG
OFG
Q4 25
1.7%
10.0%
Q3 25
3.0%
2.1%
Q2 25
3.5%
2.3%
Q1 25
3.5%
2.4%
Q4 24
3.6%
11.7%
Q3 24
5.3%
3.6%
Q2 24
3.3%
2.6%
Q1 24
6.4%
3.5%
Cash Conversion
MEI
MEI
OFG
OFG
Q4 25
3.90×
Q3 25
0.76×
Q2 25
0.69×
Q1 25
1.82×
Q4 24
5.02×
Q3 24
1.24×
Q2 24
1.86×
Q1 24
1.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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