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

SAFETY INSURANCE GROUP INC is the larger business by last-quarter revenue ($319.3M vs $246.9M, roughly 1.3× METHODE ELECTRONICS INC). SAFETY INSURANCE GROUP INC runs the higher net margin — 6.3% vs -4.0%, a 10.3% gap on every dollar of revenue. On growth, SAFETY INSURANCE GROUP INC posted the faster year-over-year revenue change (11.4% vs -15.6%). SAFETY INSURANCE GROUP INC produced more free cash flow last quarter ($192.0M vs $-11.6M). Over the past eight quarters, SAFETY INSURANCE GROUP INC's revenue compounded faster (9.1% 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.

Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. Nationwide currently has approximately 24,000 employees, and is ranked No. 72 in the 2025 Fortune 500 list.

MEI vs SAFT — Head-to-Head

Bigger by revenue
SAFT
SAFT
1.3× larger
SAFT
$319.3M
$246.9M
MEI
Growing faster (revenue YoY)
SAFT
SAFT
+27.0% gap
SAFT
11.4%
-15.6%
MEI
Higher net margin
SAFT
SAFT
10.3% more per $
SAFT
6.3%
-4.0%
MEI
More free cash flow
SAFT
SAFT
$203.6M more FCF
SAFT
$192.0M
$-11.6M
MEI
Faster 2-yr revenue CAGR
SAFT
SAFT
Annualised
SAFT
9.1%
-2.5%
MEI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MEI
MEI
SAFT
SAFT
Revenue
$246.9M
$319.3M
Net Profit
$-9.9M
$20.1M
Gross Margin
19.3%
Operating Margin
1.2%
8.0%
Net Margin
-4.0%
6.3%
Revenue YoY
-15.6%
11.4%
Net Profit YoY
-518.8%
147.3%
EPS (diluted)
$-0.28
$1.36

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
SAFT
SAFT
Q4 25
$246.9M
$319.3M
Q3 25
$240.5M
$326.6M
Q2 25
$257.1M
$316.3M
Q1 25
$239.9M
$301.4M
Q4 24
$292.6M
$286.7M
Q3 24
$258.5M
$295.3M
Q2 24
$277.3M
$269.8M
Q1 24
$259.5M
$268.2M
Net Profit
MEI
MEI
SAFT
SAFT
Q4 25
$-9.9M
$20.1M
Q3 25
$-10.3M
$28.3M
Q2 25
$-28.3M
$28.9M
Q1 25
$-14.4M
$21.9M
Q4 24
$-1.6M
$8.1M
Q3 24
$-18.3M
$25.9M
Q2 24
$-57.3M
$16.6M
Q1 24
$-11.6M
$20.1M
Gross Margin
MEI
MEI
SAFT
SAFT
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
SAFT
SAFT
Q4 25
1.2%
8.0%
Q3 25
0.5%
11.1%
Q2 25
-9.2%
11.6%
Q1 25
-0.9%
9.4%
Q4 24
3.2%
3.5%
Q3 24
-2.9%
11.1%
Q2 24
-22.2%
7.9%
Q1 24
-1.2%
9.5%
Net Margin
MEI
MEI
SAFT
SAFT
Q4 25
-4.0%
6.3%
Q3 25
-4.3%
8.7%
Q2 25
-11.0%
9.1%
Q1 25
-6.0%
7.3%
Q4 24
-0.5%
2.8%
Q3 24
-7.1%
8.8%
Q2 24
-20.7%
6.2%
Q1 24
-4.5%
7.5%
EPS (diluted)
MEI
MEI
SAFT
SAFT
Q4 25
$-0.28
$1.36
Q3 25
$-0.29
$1.91
Q2 25
$-0.79
$1.95
Q1 25
$-0.41
$1.48
Q4 24
$-0.05
$0.56
Q3 24
$-0.52
$1.73
Q2 24
$-1.62
$1.13
Q1 24
$-0.33
$1.36

Balance Sheet & Financial Strength

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

Metric
MEI
MEI
SAFT
SAFT
Cash + ST InvestmentsLiquidity on hand
$118.5M
$73.9M
Total DebtLower is stronger
$332.5M
$50.0M
Stockholders' EquityBook value
$679.3M
$892.3M
Total Assets
$1.3B
$2.5B
Debt / EquityLower = less leverage
0.49×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
SAFT
SAFT
Q4 25
$118.5M
$73.9M
Q3 25
$121.1M
$56.2M
Q2 25
$103.6M
$49.4M
Q1 25
$103.8M
$64.7M
Q4 24
$97.0M
$59.0M
Q3 24
$111.3M
$82.3M
Q2 24
$161.5M
$44.6M
Q1 24
$122.9M
$30.8M
Total Debt
MEI
MEI
SAFT
SAFT
Q4 25
$332.5M
$50.0M
Q3 25
$323.4M
$30.0M
Q2 25
$317.6M
$30.0M
Q1 25
$327.9M
$30.0M
Q4 24
$340.6M
Q3 24
$296.0M
Q2 24
$330.9M
Q1 24
$331.3M
Stockholders' Equity
MEI
MEI
SAFT
SAFT
Q4 25
$679.3M
$892.3M
Q3 25
$688.1M
$899.6M
Q2 25
$693.3M
$873.3M
Q1 25
$704.3M
$850.7M
Q4 24
$738.3M
$828.5M
Q3 24
$744.4M
$851.4M
Q2 24
$766.0M
$810.2M
Q1 24
$835.0M
$807.1M
Total Assets
MEI
MEI
SAFT
SAFT
Q4 25
$1.3B
$2.5B
Q3 25
$1.3B
$2.4B
Q2 25
$1.3B
$2.4B
Q1 25
$1.3B
$2.3B
Q4 24
$1.4B
$2.3B
Q3 24
$1.4B
$2.3B
Q2 24
$1.4B
$2.2B
Q1 24
$1.5B
$2.1B
Debt / Equity
MEI
MEI
SAFT
SAFT
Q4 25
0.49×
0.06×
Q3 25
0.47×
0.03×
Q2 25
0.46×
0.03×
Q1 25
0.47×
0.04×
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
SAFT
SAFT
Operating Cash FlowLast quarter
$-7.4M
$194.5M
Free Cash FlowOCF − Capex
$-11.6M
$192.0M
FCF MarginFCF / Revenue
-4.7%
60.1%
Capex IntensityCapex / Revenue
1.7%
0.8%
Cash ConversionOCF / Net Profit
9.67×
TTM Free Cash FlowTrailing 4 quarters
$52.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
SAFT
SAFT
Q4 25
$-7.4M
$194.5M
Q3 25
$25.1M
$85.5M
Q2 25
$35.4M
$32.3M
Q1 25
$28.1M
$3.2M
Q4 24
$-48.0M
$128.7M
Q3 24
$10.9M
$73.8M
Q2 24
$24.9M
$25.6M
Q1 24
$28.8M
$-21.1M
Free Cash Flow
MEI
MEI
SAFT
SAFT
Q4 25
$-11.6M
$192.0M
Q3 25
$18.0M
Q2 25
$26.3M
$32.3M
Q1 25
$19.6M
$2.8M
Q4 24
$-58.4M
$124.3M
Q3 24
$-2.7M
$73.2M
Q2 24
$15.8M
$25.0M
Q1 24
$12.2M
$-24.2M
FCF Margin
MEI
MEI
SAFT
SAFT
Q4 25
-4.7%
60.1%
Q3 25
7.5%
Q2 25
10.2%
10.2%
Q1 25
8.2%
0.9%
Q4 24
-20.0%
43.4%
Q3 24
-1.0%
24.8%
Q2 24
5.7%
9.3%
Q1 24
4.7%
-9.0%
Capex Intensity
MEI
MEI
SAFT
SAFT
Q4 25
1.7%
0.8%
Q3 25
3.0%
0.0%
Q2 25
3.5%
0.0%
Q1 25
3.5%
0.1%
Q4 24
3.6%
1.5%
Q3 24
5.3%
0.2%
Q2 24
3.3%
0.2%
Q1 24
6.4%
1.1%
Cash Conversion
MEI
MEI
SAFT
SAFT
Q4 25
9.67×
Q3 25
3.02×
Q2 25
1.12×
Q1 25
0.14×
Q4 24
15.83×
Q3 24
2.85×
Q2 24
1.54×
Q1 24
-1.05×

Financial Flow Comparison

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

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