vs

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

PRECISION DRILLING Corp is the larger business by last-quarter revenue ($299.5M vs $246.9M, roughly 1.2× METHODE ELECTRONICS INC).

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.

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

MEI vs PDS — Head-to-Head

Bigger by revenue
PDS
PDS
1.2× larger
PDS
$299.5M
$246.9M
MEI

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
MEI
MEI
PDS
PDS
Revenue
$246.9M
$299.5M
Net Profit
$-9.9M
Gross Margin
19.3%
Operating Margin
1.2%
Net Margin
-4.0%
Revenue YoY
-15.6%
Net Profit YoY
-518.8%
EPS (diluted)
$-0.28

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
PDS
PDS
Q4 25
$246.9M
$299.5M
Q3 25
$240.5M
Q2 25
$257.1M
Q1 25
$239.9M
Q4 24
$292.6M
Q3 24
$258.5M
Q2 24
$277.3M
Q1 24
$259.5M
Net Profit
MEI
MEI
PDS
PDS
Q4 25
$-9.9M
Q3 25
$-10.3M
Q2 25
$-28.3M
Q1 25
$-14.4M
Q4 24
$-1.6M
Q3 24
$-18.3M
Q2 24
$-57.3M
Q1 24
$-11.6M
Gross Margin
MEI
MEI
PDS
PDS
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
PDS
PDS
Q4 25
1.2%
Q3 25
0.5%
Q2 25
-9.2%
Q1 25
-0.9%
Q4 24
3.2%
Q3 24
-2.9%
Q2 24
-22.2%
Q1 24
-1.2%
Net Margin
MEI
MEI
PDS
PDS
Q4 25
-4.0%
Q3 25
-4.3%
Q2 25
-11.0%
Q1 25
-6.0%
Q4 24
-0.5%
Q3 24
-7.1%
Q2 24
-20.7%
Q1 24
-4.5%
EPS (diluted)
MEI
MEI
PDS
PDS
Q4 25
$-0.28
Q3 25
$-0.29
Q2 25
$-0.79
Q1 25
$-0.41
Q4 24
$-0.05
Q3 24
$-0.52
Q2 24
$-1.62
Q1 24
$-0.33

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
PDS
PDS
Q4 25
$118.5M
Q3 25
$121.1M
Q2 25
$103.6M
Q1 25
$103.8M
Q4 24
$97.0M
Q3 24
$111.3M
Q2 24
$161.5M
Q1 24
$122.9M
Total Debt
MEI
MEI
PDS
PDS
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
PDS
PDS
Q4 25
$679.3M
Q3 25
$688.1M
Q2 25
$693.3M
Q1 25
$704.3M
Q4 24
$738.3M
Q3 24
$744.4M
Q2 24
$766.0M
Q1 24
$835.0M
Total Assets
MEI
MEI
PDS
PDS
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.5B
Debt / Equity
MEI
MEI
PDS
PDS
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
PDS
PDS
Operating Cash FlowLast quarter
$-7.4M
Free Cash FlowOCF − Capex
$-11.6M
FCF MarginFCF / Revenue
-4.7%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$52.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
PDS
PDS
Q4 25
$-7.4M
Q3 25
$25.1M
Q2 25
$35.4M
Q1 25
$28.1M
Q4 24
$-48.0M
Q3 24
$10.9M
Q2 24
$24.9M
Q1 24
$28.8M
Free Cash Flow
MEI
MEI
PDS
PDS
Q4 25
$-11.6M
Q3 25
$18.0M
Q2 25
$26.3M
Q1 25
$19.6M
Q4 24
$-58.4M
Q3 24
$-2.7M
Q2 24
$15.8M
Q1 24
$12.2M
FCF Margin
MEI
MEI
PDS
PDS
Q4 25
-4.7%
Q3 25
7.5%
Q2 25
10.2%
Q1 25
8.2%
Q4 24
-20.0%
Q3 24
-1.0%
Q2 24
5.7%
Q1 24
4.7%
Capex Intensity
MEI
MEI
PDS
PDS
Q4 25
1.7%
Q3 25
3.0%
Q2 25
3.5%
Q1 25
3.5%
Q4 24
3.6%
Q3 24
5.3%
Q2 24
3.3%
Q1 24
6.4%

Financial Flow Comparison

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

Related Comparisons