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

TRIMAS CORP is the larger business by last-quarter revenue ($256.5M vs $246.9M, roughly 1.0× METHODE ELECTRONICS INC). TRIMAS CORP runs the higher net margin — 31.9% vs -4.0%, a 35.9% gap on every dollar of revenue. On growth, TRIMAS CORP posted the faster year-over-year revenue change (3.8% vs -15.6%). TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $-11.6M). Over the past eight quarters, TRIMAS CORP's revenue compounded faster (3.3% 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.

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

MEI vs TRS — Head-to-Head

Bigger by revenue
TRS
TRS
1.0× larger
TRS
$256.5M
$246.9M
MEI
Growing faster (revenue YoY)
TRS
TRS
+19.5% gap
TRS
3.8%
-15.6%
MEI
Higher net margin
TRS
TRS
35.9% more per $
TRS
31.9%
-4.0%
MEI
More free cash flow
TRS
TRS
$48.4M more FCF
TRS
$36.8M
$-11.6M
MEI
Faster 2-yr revenue CAGR
TRS
TRS
Annualised
TRS
3.3%
-2.5%
MEI

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
MEI
MEI
TRS
TRS
Revenue
$246.9M
$256.5M
Net Profit
$-9.9M
$81.7M
Gross Margin
19.3%
12.8%
Operating Margin
1.2%
5.7%
Net Margin
-4.0%
31.9%
Revenue YoY
-15.6%
3.8%
Net Profit YoY
-518.8%
236.9%
EPS (diluted)
$-0.28
$2.03

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
TRS
TRS
Q1 26
$256.5M
Q4 25
$246.9M
$-140.0M
Q3 25
$240.5M
$269.3M
Q2 25
$257.1M
$274.8M
Q1 25
$239.9M
$241.7M
Q4 24
$292.6M
$-66.2M
Q3 24
$258.5M
$229.4M
Q2 24
$277.3M
$240.5M
Net Profit
MEI
MEI
TRS
TRS
Q1 26
$81.7M
Q4 25
$-9.9M
$81.7M
Q3 25
$-10.3M
$9.3M
Q2 25
$-28.3M
$16.7M
Q1 25
$-14.4M
$12.4M
Q4 24
$-1.6M
$5.6M
Q3 24
$-18.3M
$2.5M
Q2 24
$-57.3M
$10.9M
Gross Margin
MEI
MEI
TRS
TRS
Q1 26
12.8%
Q4 25
19.3%
Q3 25
18.1%
12.8%
Q2 25
7.6%
13.8%
Q1 25
17.2%
13.6%
Q4 24
19.8%
Q3 24
17.3%
15.4%
Q2 24
12.8%
14.4%
Operating Margin
MEI
MEI
TRS
TRS
Q1 26
5.7%
Q4 25
1.2%
Q3 25
0.5%
6.2%
Q2 25
-9.2%
9.9%
Q1 25
-0.9%
9.0%
Q4 24
3.2%
Q3 24
-2.9%
3.6%
Q2 24
-22.2%
7.4%
Net Margin
MEI
MEI
TRS
TRS
Q1 26
31.9%
Q4 25
-4.0%
-58.4%
Q3 25
-4.3%
3.5%
Q2 25
-11.0%
6.1%
Q1 25
-6.0%
5.1%
Q4 24
-0.5%
-8.5%
Q3 24
-7.1%
1.1%
Q2 24
-20.7%
4.5%
EPS (diluted)
MEI
MEI
TRS
TRS
Q1 26
$2.03
Q4 25
$-0.28
$2.01
Q3 25
$-0.29
$0.23
Q2 25
$-0.79
$0.41
Q1 25
$-0.41
$0.30
Q4 24
$-0.05
$0.14
Q3 24
$-0.52
$0.06
Q2 24
$-1.62
$0.27

Balance Sheet & Financial Strength

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

Metric
MEI
MEI
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$118.5M
$30.0M
Total DebtLower is stronger
$332.5M
Stockholders' EquityBook value
$679.3M
$705.6M
Total Assets
$1.3B
$1.5B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
TRS
TRS
Q1 26
$30.0M
Q4 25
$118.5M
$30.0M
Q3 25
$121.1M
$33.6M
Q2 25
$103.6M
$30.3M
Q1 25
$103.8M
$32.7M
Q4 24
$97.0M
$23.1M
Q3 24
$111.3M
$26.9M
Q2 24
$161.5M
$35.0M
Total Debt
MEI
MEI
TRS
TRS
Q1 26
Q4 25
$332.5M
$469.2M
Q3 25
$323.4M
$407.1M
Q2 25
$317.6M
$424.5M
Q1 25
$327.9M
$434.2M
Q4 24
$340.6M
$398.1M
Q3 24
$296.0M
$409.9M
Q2 24
$330.9M
$427.4M
Stockholders' Equity
MEI
MEI
TRS
TRS
Q1 26
$705.6M
Q4 25
$679.3M
$705.6M
Q3 25
$688.1M
$725.0M
Q2 25
$693.3M
$715.3M
Q1 25
$704.3M
$686.6M
Q4 24
$738.3M
$667.3M
Q3 24
$744.4M
$682.8M
Q2 24
$766.0M
$675.9M
Total Assets
MEI
MEI
TRS
TRS
Q1 26
$1.5B
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.4B
Q2 25
$1.3B
$1.4B
Q1 25
$1.3B
$1.4B
Q4 24
$1.4B
$1.3B
Q3 24
$1.4B
$1.4B
Q2 24
$1.4B
$1.4B
Debt / Equity
MEI
MEI
TRS
TRS
Q1 26
Q4 25
0.49×
0.66×
Q3 25
0.47×
0.56×
Q2 25
0.46×
0.59×
Q1 25
0.47×
0.63×
Q4 24
0.46×
0.60×
Q3 24
0.40×
0.60×
Q2 24
0.43×
0.63×

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
TRS
TRS
Operating Cash FlowLast quarter
$-7.4M
$117.5M
Free Cash FlowOCF − Capex
$-11.6M
$36.8M
FCF MarginFCF / Revenue
-4.7%
14.4%
Capex IntensityCapex / Revenue
1.7%
18.9%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$52.3M
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
TRS
TRS
Q1 26
$117.5M
Q4 25
$-7.4M
$41.5M
Q3 25
$25.1M
$36.5M
Q2 25
$35.4M
$30.3M
Q1 25
$28.1M
$9.2M
Q4 24
$-48.0M
$27.1M
Q3 24
$10.9M
$22.0M
Q2 24
$24.9M
$18.4M
Free Cash Flow
MEI
MEI
TRS
TRS
Q1 26
$36.8M
Q4 25
$-11.6M
$36.8M
Q3 25
$18.0M
$22.8M
Q2 25
$26.3M
$13.2M
Q1 25
$19.6M
$-3.8M
Q4 24
$-58.4M
$12.1M
Q3 24
$-2.7M
$10.2M
Q2 24
$15.8M
$7.5M
FCF Margin
MEI
MEI
TRS
TRS
Q1 26
14.4%
Q4 25
-4.7%
-26.3%
Q3 25
7.5%
8.5%
Q2 25
10.2%
4.8%
Q1 25
8.2%
-1.6%
Q4 24
-20.0%
-18.3%
Q3 24
-1.0%
4.4%
Q2 24
5.7%
3.1%
Capex Intensity
MEI
MEI
TRS
TRS
Q1 26
18.9%
Q4 25
1.7%
-3.4%
Q3 25
3.0%
5.1%
Q2 25
3.5%
6.2%
Q1 25
3.5%
5.4%
Q4 24
3.6%
-22.6%
Q3 24
5.3%
5.2%
Q2 24
3.3%
4.5%
Cash Conversion
MEI
MEI
TRS
TRS
Q1 26
1.44×
Q4 25
0.51×
Q3 25
3.92×
Q2 25
1.81×
Q1 25
0.74×
Q4 24
4.80×
Q3 24
8.71×
Q2 24
1.68×

Financial Flow Comparison

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

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