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Semtech (SMTC) Financials

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$30.03 +0.69 (+2.35%)
Closing price 04/25/2025 04:00 PM Eastern
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$30.28 +0.24 (+0.82%)
As of 04/25/2025 07:30 PM Eastern
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Annual Income Statements for Semtech

Annual Income Statements for Semtech

This table shows Semtech's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Net Income / (Loss) Attributable to Common Shareholders
28 11 55 35 70 32 60 126 61 -1,092 -162
Consolidated Net Income / (Loss)
28 11 55 35 70 32 60 126 61 -1,092 -162
Net Income / (Loss) Continuing Operations
28 11 55 35 70 32 60 126 61 -1,092 -162
Total Pre-Tax Income
36 20 73 58 70 45 63 139 78 -1,042 -183
Total Operating Income
42 30 84 67 105 52 75 145 93 -944 50
Total Gross Profit
329 293 325 352 377 337 356 461 479 296 457
Total Revenue
558 490 544 588 627 548 595 741 757 869 909
Operating Revenue
558 490 544 588 627 548 595 741 757 869 909
Total Cost of Revenue
229 197 219 236 250 211 239 280 278 573 453
Operating Cost of Revenue
229 197 219 236 250 211 239 280 278 573 453
Total Operating Expenses
287 263 241 285 272 285 281 316 386 1,241 407
Selling, General & Admin Expense
127 141 139 148 145 163 163 168 225 220 222
Research & Development Expense
119 114 103 105 109 107 118 148 167 186 171
Amortization Expense
26 25 25 28 27 17 0.59 0.00 0.82 15 0.88
Other Operating Expenses / (Income)
0.00 0.00 -26 0.38 - - 0.00 0.00 -18 0.00 0.00
Impairment Charge
12 - - - - - - 0.00 0.00 795 7.49
Restructuring Charge
1.29 - - - - - - 0.00 11 24 4.94
Total Other Income / (Expense), net
-5.76 -9.62 -11 -8.87 -35 -7.42 -12 -5.95 -14 -97 -233
Interest Expense
5.93 7.82 9.30 - 9.20 9.11 5.34 5.09 18 96 235
Interest & Investment Income
- - 0.00 -12 -30 -1.21 -4.23 0.13 4.65 -0.88 1.19
Other Income / (Expense), net
0.17 -1.80 -1.72 3.35 3.82 2.89 -2.41 -0.99 -1.33 -0.54 0.27
Income Tax Expense
8.55 8.88 18 23 0.36 13 3.44 16 17 51 -22
Other Gains / (Losses), net
- 0.00 0.00 -0.25 -0.13 0.11 0.33 2.12 0.25 0.05 -0.55
Net Income / (Loss) Attributable to Noncontrolling Interest
- - - 0.00 0.00 -0.01 -0.04 -0.02 -0.01 0.00 0.00
Basic Earnings per Share
$0.42 $0.18 $0.84 $0.52 $1.06 $0.48 $0.92 $1.94 $0.96 ($17.03) ($2.26)
Weighted Average Basic Shares Outstanding
67.11M 65.66M 65.43M 66.03M 65.98M 66.26M 65.21M 64.66M 63.77M 64.13M 71.61M
Diluted Earnings per Share
$0.41 $0.17 $0.83 $0.51 $1.02 $0.47 $0.91 $1.92 $0.96 ($17.03) ($2.26)
Weighted Average Diluted Shares Outstanding
67.69M 65.96M 66.11M 67.61M 68.48M 67.42M 66.06M 65.57M 64.01M 64.13M 71.61M
Weighted Average Basic & Diluted Shares Outstanding
66.50M 63.90M 65.10M 66.20M 700.60M 65.80M 65.24M 64.11M 63.87M 64.56M 86.50M

Quarterly Income Statements for Semtech

This table shows Semtech's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Net Income / (Loss) Attributable to Common Shareholders
52 23 -51 -29 -382 -38 -642 -23 -170 -7.59 39
Consolidated Net Income / (Loss)
52 23 -51 -29 -382 -38 -642 -23 -170 -7.59 39
Net Income / (Loss) Continuing Operations
52 23 -51 -29 -382 -38 -642 -23 -170 -7.59 39
Total Pre-Tax Income
63 29 -60 -32 -325 -39 -646 -20 -166 -3.57 6.54
Total Operating Income
64 37 -56 -12 -300 -12 -620 3.14 7.77 18 21
Total Gross Profit
135 115 100 103 101 93 -0.39 100 105 121 131
Total Revenue
209 178 168 237 238 201 193 206 215 237 251
Operating Revenue
209 178 168 237 238 201 193 206 215 237 251
Total Cost of Revenue
74 63 67 134 138 108 193 107 110 116 120
Operating Cost of Revenue
74 63 67 134 138 108 193 107 110 116 120
Total Operating Expenses
71 77 156 115 401 105 620 96 98 103 109
Selling, General & Admin Expense
48 40 93 58 60 48 55 52 56 60 55
Research & Development Expense
41 35 53 51 47 47 42 42 40 43 47
Amortization Expense
0.00 0.00 0.82 4.88 4.87 4.85 0.31 0.31 0.28 0.15 0.15
Restructuring Charge
- 2.24 - 1.56 9.40 3.65 9.17 2.27 1.54 0.70 0.44
Total Other Income / (Expense), net
-0.71 -8.26 -4.41 -20 -25 -26 -26 -23 -174 -21 -15
Interest & Investment Income
-0.28 -8.20 13 -19 -24 -30 72 -24 -28 -20 73
Other Income / (Expense), net
-0.43 -0.06 -0.74 -0.47 -1.57 3.54 -2.05 0.40 -1.02 -1.07 1.95
Income Tax Expense
12 6.33 -9.07 -2.42 57 -0.31 -3.35 2.96 4.22 4.01 -33
Other Gains / (Losses), net
0.28 -0.04 -0.02 -0.01 -0.01 -0.01 0.08 0.05 0.00 -0.01 -0.59
Basic Earnings per Share
$0.81 $0.36 ($0.80) ($0.46) ($5.97) ($0.60) ($10.00) ($0.36) ($2.61) ($0.10) $0.81
Weighted Average Basic Shares Outstanding
63.50M 63.76M 63.77M 63.92M 64.01M 64.22M 64.13M 64.51M 65.28M 75.32M 71.61M
Diluted Earnings per Share
$0.81 $0.36 ($0.80) ($0.46) ($5.97) ($0.60) ($10.00) ($0.36) ($2.61) ($0.10) $0.81
Weighted Average Diluted Shares Outstanding
63.98M 63.86M 64.01M 63.92M 64.01M 64.22M 64.13M 64.51M 65.28M 75.32M 71.61M
Weighted Average Basic & Diluted Shares Outstanding
63.52M 63.84M 63.87M 63.96M 64.17M 64.28M 64.56M 64.65M 75.23M 75.68M 86.50M

Annual Cash Flow Statements for Semtech

This table details how cash moves in and out of Semtech's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Net Change in Cash & Equivalents
-13 -19 85 11 4.20 -19 -24 11 -44 -107 23
Net Cash From Operating Activities
106 102 118 111 184 119 119 203 127 -94 58
Net Cash From Continuing Operating Activities
106 102 118 111 184 119 119 203 127 -94 58
Net Income / (Loss) Continuing Operations
28 11 55 35 70 32 60 126 61 -1,092 -162
Consolidated Net Income / (Loss)
28 11 55 35 70 32 60 126 61 -1,092 -162
Depreciation Expense
55 49 47 49 50 40 32 31 32 78 43
Amortization Expense
1.08 1.47 0.62 0.57 0.53 4.50 4.47 4.89 6.16 17 14
Non-Cash Adjustments To Reconcile Net Income
44 20 5.89 51 96 54 59 50 22 939 230
Changes in Operating Assets and Liabilities, net
-21 20 9.39 -23 -32 -12 -37 -8.66 5.13 -36 -68
Net Cash From Investing Activities
-41 -67 -14 -66 -36 -34 -43 -40 -1,247 -23 -12
Net Cash From Continuing Investing Activities
-41 -67 -14 -66 -36 -34 -43 -40 -1,247 -23 -12
Purchase of Property, Plant & Equipment
-32 -13 -33 -35 -17 -23 -33 -26 -28 -29 -7.86
Acquisitions
-5.95 -39 0.00 -18 -16 0.00 0.00 0.00 -1,241 -1.92 -6.34
Purchase of Investments
-7.15 -15 -13 -19 -9.30 -12 -11 -8.25 -6.75 -0.93 -0.43
Sale of Property, Plant & Equipment
0.09 0.00 0.05 0.19 0.11 0.35 0.39 0.11 0.04 0.41 0.10
Divestitures
0.00 0.00 32 - - - 0.00 0.00 26 0.00 0.00
Sale and/or Maturity of Investments
3.67 0.00 0.56 5.70 5.97 0.00 0.38 0.00 2.28 0.00 2.65
Other Investing Activities, net
- - - - - 0.00 0.00 -6.00 0.00 8.92 0.00
Net Cash From Financing Activities
-78 -54 -19 -35 -143 -103 -100 -152 1,077 11 -22
Net Cash From Continuing Financing Activities
-78 -54 -19 -35 -143 -103 -100 -152 1,077 11 -22
Repayment of Debt
-44 -31 -262 -15 -16 -216 -16 -28 -55 -303 -725
Repurchase of Common Equity
-41 -57 -1.01 -15 -116 -70 -71 -130 -50 0.00 0.00
Payment of Dividends
- - - - - - - - 0.00 0.00 -0.18
Issuance of Debt
5.00 35 245 0.00 0.00 199 0.00 20 1,225 320 68
Issuance of Common Equity
- - - 0.00 0.00 0.25 0.00 0.00 43 0.00 641
Other Financing Activities, net
1.72 -0.71 -0.78 -4.99 -11 -16 -13 -14 -86 -6.71 -4.91
Effect of Exchange Rate Changes
- - - - - - - 0.00 0.00 -0.86 -1.28
Cash Interest Paid
5.44 5.73 6.49 6.34 8.59 7.91 4.88 4.30 12 84 72
Cash Income Taxes Paid
4.40 7.92 11 31 7.74 11 8.41 3.33 10 20 7.98

Quarterly Cash Flow Statements for Semtech

This table details how cash moves in and out of Semtech's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Net Change in Cash & Equivalents
87 256 -382 -71 -16 -24 4.77 -1.81 -11 21 15
Net Cash From Operating Activities
77 18 -19 -90 -12 -5.85 14 -0.09 -5.00 30 33
Net Cash From Continuing Operating Activities
77 18 -19 -90 -12 -5.85 14 -0.09 -5.00 30 33
Net Income / (Loss) Continuing Operations
52 23 -51 -29 -382 -38 -642 -23 -170 -7.59 39
Consolidated Net Income / (Loss)
52 23 -51 -29 -382 -38 -642 -23 -170 -7.59 39
Depreciation Expense
7.33 7.32 9.83 25 22 23 8.86 11 13 10 10
Amortization Expense
1.28 1.45 2.17 3.05 6.65 3.51 3.91 3.81 4.14 3.41 2.79
Non-Cash Adjustments To Reconcile Net Income
-5.45 2.87 14 8.46 294 14 623 16 166 18 30
Changes in Operating Assets and Liabilities, net
23 -16 6.65 -97 47 -7.88 21 -7.32 -18 5.16 -48
Net Cash From Investing Activities
21 -11 -1,247 -14 -5.17 -6.69 3.57 1.79 -4.46 -1.41 -7.80
Net Cash From Continuing Investing Activities
21 -11 -1,247 -14 -5.17 -6.69 3.57 1.79 -4.46 -1.41 -7.80
Purchase of Property, Plant & Equipment
-7.27 -7.06 -5.68 -14 -6.92 -6.58 -1.71 -1.33 -3.41 -0.48 -2.63
Acquisitions
- - -1,241 0.00 -0.29 -0.48 -1.14 -1.33 -3.69 -0.93 -0.39
Sale of Property, Plant & Equipment
- 0.03 0.01 - - 0.37 0.00 - - - 0.02
Other Investing Activities, net
- - - 0.00 2.50 - 6.42 1.80 3.00 - -4.80
Net Cash From Financing Activities
-11 248 883 34 1.00 -10 -14 -3.20 -1.35 -7.51 -9.60
Net Cash From Continuing Financing Activities
-11 248 883 34 1.00 -10 -14 -3.20 -1.35 -7.51 -9.60
Repayment of Debt
-10 -33 -12 -4.67 -18 -267 -13 -0.82 - -5.00 -720
Issuance of Debt
- 320 895 40 20 260 - 0.00 - - 68
Other Financing Activities, net
-0.84 -81 -0.42 -1.61 -0.81 -3.06 -1.24 -2.19 -1.35 -2.51 1.14
Effect of Exchange Rate Changes
- - - -0.65 -0.11 -1.17 1.06 -0.31 -0.04 -0.08 -0.85
Cash Interest Paid
0.94 8.34 1.48 17 24 23 20 17 25 18 12
Cash Income Taxes Paid
2.03 3.37 1.62 8.66 6.95 4.04 0.10 2.77 1.04 3.07 1.10

Annual Balance Sheets for Semtech

This table presents Semtech's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Total Assets
929 912 1,012 1,086 1,063 1,052 1,082 1,131 2,570 1,374 1,419
Total Current Assets
397 341 438 461 485 461 475 502 723 534 585
Cash & Equivalents
230 212 297 308 312 293 269 280 236 129 152
Accounts Receivable
69 44 51 53 79 62 70 72 162 134 163
Inventories, net
74 64 66 71 64 73 87 114 208 145 164
Current Deferred & Refundable Income Taxes
4.02 5.24 5.56 12 8.41 11 22 5.98 6.24 12 14
Other Current Assets
19 16 18 17 22 22 26 31 112 114 94
Plant, Property, & Equipment, net
115 101 109 125 118 124 131 135 169 154 126
Total Noncurrent Assets
417 469 464 500 459 467 476 494 1,678 686 708
Goodwill
280 330 330 342 351 351 351 351 1,282 541 533
Intangible Assets
102 88 62 60 37 20 12 6.80 215 36 33
Noncurrent Deferred & Refundable Income Taxes
0.11 7.35 5.49 4.24 14 20 25 28 64 18 41
Other Noncurrent Operating Assets
35 44 67 94 57 76 88 108 117 91 100
Total Liabilities & Shareholders' Equity
929 912 1,012 1,086 1,063 1,052 1,082 1,131 2,570 1,374 1,419
Total Liabilities
378 383 406 421 380 375 383 393 1,814 1,681 877
Total Current Liabilities
108 104 123 126 130 99 110 128 397 217 283
Short-Term Debt
19 19 14 15 18 - - 0.00 43 0.00 46
Accounts Payable
32 35 42 37 43 48 50 51 101 45 59
Accrued Expenses
50 41 55 61 68 51 59 78 253 172 178
Total Noncurrent Liabilities
270 280 283 295 250 277 274 265 1,417 1,464 594
Long-Term Debt
235 239 227 211 193 195 179 172 1,297 1,371 506
Noncurrent Deferred & Payable Income Tax Liabilities
2.48 6.80 6.88 15 3.36 3.60 0.98 1.13 5.07 0.83 0.75
Other Noncurrent Operating Liabilities
33 34 50 69 54 78 93 92 115 92 87
Commitments & Contingencies
- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
551 528 605 665 683 677 699 738 756 -307 542
Total Preferred & Common Equity
551 528 605 665 683 677 699 738 756 -307 542
Total Common Equity
551 528 605 665 683 677 699 738 756 -307 542
Common Stock
372 380 392 416 453 459 475 493 472 486 1,471
Retained Earnings
402 413 468 502 580 612 671 797 858 -234 -396
Treasury Stock
-223 -266 -253 -252 -346 -388 -439 -550 -578 -557 -521
Accumulated Other Comprehensive Income / (Loss)
0.16 0.65 -1.29 -1.20 -3.61 -6.17 -8.17 -2.08 3.36 -2.99 -12
Noncontrolling Interest
- - - - 0.00 0.25 0.21 0.19 0.18 0.18 0.00

Quarterly Balance Sheets for Semtech

This table presents Semtech's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Total Assets
1,121 1,116 1,200 1,467 2,500 2,119 2,038 1,377 1,368 1,379
Total Current Assets
496 495 577 835 664 630 572 539 542 558
Cash & Equivalents
277 275 362 618 164 148 124 127 116 137
Accounts Receivable
74 66 71 81 145 159 157 154 153 142
Inventories, net
105 107 108 111 213 180 161 149 156 163
Current Deferred & Refundable Income Taxes
12 2.44 2.30 2.76 12 7.67 10 10 15 7.80
Other Current Assets
29 45 34 23 130 135 121 100 101 108
Plant, Property, & Equipment, net
131 134 134 136 165 161 159 147 140 133
Total Noncurrent Assets
494 487 489 496 1,670 1,327 1,307 690 687 688
Goodwill
351 350 350 350 1,289 1,017 1,014 541 541 541
Intangible Assets
7.85 5.76 4.71 3.71 199 183 168 35 35 37
Noncurrent Deferred & Refundable Income Taxes
27 26 27 25 67 14 14 15 18 19
Other Noncurrent Operating Assets
108 105 107 117 115 112 111 99 92 91
Total Liabilities & Shareholders' Equity
1,121 1,116 1,200 1,467 2,500 2,119 2,038 1,377 1,368 1,379
Total Liabilities
403 381 401 674 1,767 1,752 1,704 1,690 1,509 1,519
Total Current Liabilities
124 110 140 140 310 321 239 225 225 235
Accounts Payable
46 48 54 45 74 52 55 65 76 64
Accrued Expenses
77 61 86 95 193 216 184 160 149 172
Total Noncurrent Liabilities
279 270 261 534 1,457 1,431 1,465 1,465 1,285 1,283
Long-Term Debt
176 182 172 455 1,337 1,331 1,374 1,373 1,193 1,190
Noncurrent Deferred & Payable Income Tax Liabilities
1.13 1.07 1.16 1.08 4.71 4.76 4.53 0.00 0.00 0.00
Other Noncurrent Operating Liabilities
102 87 88 78 116 95 87 91 92 93
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
718 735 799 793 733 367 334 -313 -141 -140
Total Preferred & Common Equity
718 735 799 792 733 367 334 -313 -141 -140
Total Common Equity
718 735 799 792 733 367 334 -313 -141 -140
Common Stock
483 497 507 463 479 487 481 491 837 838
Retained Earnings
762 835 887 909 829 447 409 -257 -427 -435
Treasury Stock
-520 -596 -594 -579 -575 -573 -561 -553 -549 -536
Accumulated Other Comprehensive Income / (Loss)
-6.80 -0.68 -0.16 -0.57 0.74 5.85 5.46 5.21 -2.73 -6.20
Noncontrolling Interest
0.20 0.19 0.19 0.19 0.18 0.18 0.18 0.00 0.00 0.00

Annual Metrics and Ratios for Semtech

This table displays calculated financial ratios and metrics derived from Semtech's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-6.23% -12.13% 11.03% 8.01% 6.69% -12.70% 8.69% 24.49% 2.12% 14.83% 4.67%
EBITDA Growth
903.98% -19.84% 65.44% -8.08% 33.42% -37.71% 9.60% 65.14% -27.82% -754.77% 112.69%
EBIT Growth
138.46% -33.53% 192.08% -15.04% 56.24% -49.78% 32.14% 98.54% -36.49% -1,133.00% 105.31%
NOPAT Growth
142.44% -47.70% 271.70% -36.00% 160.72% -64.71% 91.29% 81.77% -43.88% -1,014.44% 105.29%
Net Income Growth
116.99% -58.86% 375.44% -36.61% 100.98% -54.24% 87.87% 109.87% -51.15% -1,879.36% 85.17%
EPS Growth
116.80% -58.54% 388.24% -38.55% 100.00% -53.92% 93.62% 110.99% -50.00% -1,873.96% 86.73%
Operating Cash Flow Growth
-10.02% -3.85% 15.22% -5.21% 64.65% -35.38% 0.26% 70.79% -37.62% -174.12% 161.74%
Free Cash Flow Firm Growth
-70.68% -55.55% 408.73% -93.47% 1,767.03% -62.62% 0.57% 169.02% -1,170.46% 122.82% -89.43%
Invested Capital Growth
-1.11% -0.06% -4.34% 6.29% -0.35% -0.51% 5.30% 3.38% 195.40% -49.74% 0.75%
Revenue Q/Q Growth
0.70% -2.35% 4.10% 0.10% 3.19% -3.86% 4.69% 3.62% -2.96% 3.02% 6.82%
EBITDA Q/Q Growth
597.02% 14.42% 9.06% -1.82% 17.92% -19.54% 9.83% 11.26% -42.60% -198.23% 120.06%
EBIT Q/Q Growth
138.14% 125.40% 16.95% -5.25% 29.87% -31.73% 19.40% 16.61% -51.95% -149.14% 108.44%
NOPAT Q/Q Growth
141.76% 232.52% 14.02% -24.85% 22.46% -29.06% 22.28% 16.78% -53.81% -148.49% 108.45%
Net Income Q/Q Growth
116.69% 321.44% 14.14% -24.25% 49.31% -34.78% 26.93% 17.99% -58.30% -118.11% 80.80%
EPS Q/Q Growth
116.53% 342.86% 15.28% -26.09% 52.24% -34.72% 28.17% 17.79% -58.08% -117.50% 82.71%
Operating Cash Flow Q/Q Growth
-15.16% 28.81% -1.29% 5.41% 4.89% -1.61% -13.15% 13.23% -35.51% 25.84% 50.97%
Free Cash Flow Firm Q/Q Growth
-74.19% 177.57% -18.84% 140.22% 15.05% -11.62% -37.00% 19.74% -904.76% 121.66% -89.09%
Invested Capital Q/Q Growth
-0.87% -2.53% 2.47% -3.32% -2.48% -4.10% 1.98% 2.02% 195.38% -40.97% 3.07%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
58.94% 59.79% 59.69% 59.87% 60.11% 61.49% 59.80% 62.24% 63.26% 34.10% 50.21%
EBITDA Margin
17.58% 16.03% 23.89% 20.33% 25.43% 18.15% 18.30% 24.27% 17.15% -97.82% 11.86%
Operating Margin
7.57% 6.12% 15.45% 11.33% 16.82% 9.50% 12.60% 19.57% 12.27% -108.70% 5.49%
EBIT Margin
7.60% 5.75% 15.13% 11.90% 17.43% 10.03% 12.19% 19.44% 12.09% -108.76% 5.52%
Profit (Net Income) Margin
5.01% 2.35% 10.04% 5.89% 11.10% 5.82% 10.06% 16.96% 8.11% -125.70% -17.80%
Tax Burden Percent
76.58% 56.42% 74.82% 59.99% 99.31% 71.47% 95.06% 90.35% 78.21% 104.85% 88.29%
Interest Burden Percent
86.03% 72.27% 88.71% 82.55% 64.14% 81.21% 86.81% 96.56% 85.79% 110.23% -365.25%
Effective Tax Rate
23.42% 43.58% 25.18% 39.57% 0.51% 28.77% 5.46% 11.17% 22.10% 0.00% 0.00%
Return on Invested Capital (ROIC)
5.60% 2.95% 11.20% 7.11% 18.02% 6.39% 11.93% 20.79% 5.81% -47.29% 3.72%
ROIC Less NNEP Spread (ROIC-NNEP)
-7.39% -12.81% 172.22% 15.27% 56.75% 11.58% 23.61% 24.00% 3.61% -84.01% -20.25%
Return on Net Nonoperating Assets (RNNOA)
-0.46% -0.82% -1.56% -1.65% -7.68% -1.70% -3.23% -3.30% 2.41% -439.37% -141.40%
Return on Equity (ROE)
5.14% 2.13% 9.65% 5.46% 10.34% 4.69% 8.70% 17.49% 8.22% -486.66% -137.68%
Cash Return on Invested Capital (CROIC)
6.72% 3.01% 15.64% 1.01% 18.37% 6.90% 6.77% 17.47% -93.03% 18.91% 2.98%
Operating Return on Assets (OROA)
4.52% 3.06% 8.57% 6.67% 10.18% 5.19% 6.80% 13.02% 4.94% -47.92% 3.59%
Return on Assets (ROA)
2.98% 1.25% 5.68% 3.30% 6.48% 3.01% 5.61% 11.36% 3.32% -55.39% -11.59%
Return on Common Equity (ROCE)
5.14% 2.13% 9.65% 5.46% 10.34% 4.69% 8.70% 17.49% 8.21% -486.26% -137.57%
Return on Equity Simple (ROE_SIMPLE)
5.07% 2.18% 9.03% 5.21% 10.20% 4.71% 8.57% 17.03% 8.12% 355.21% -29.85%
Net Operating Profit after Tax (NOPAT)
32 17 63 40 105 37 71 129 72 -661 35
NOPAT Margin
5.80% 3.45% 11.56% 6.85% 16.74% 6.77% 11.91% 17.39% 9.56% -76.09% 3.84%
Net Nonoperating Expense Percent (NNEP)
12.99% 15.75% -161.01% -8.16% -38.73% -5.19% -11.68% -3.21% 2.19% 36.73% 23.97%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 3.45% -62.14% 3.20%
Cost of Revenue to Revenue
41.06% 40.21% 40.31% 40.13% 39.89% 38.51% 40.20% 37.76% 36.74% 65.90% 49.79%
SG&A Expenses to Revenue
22.79% 28.70% 25.49% 25.20% 23.16% 29.79% 27.36% 22.70% 29.72% 25.35% 24.46%
R&D to Revenue
21.40% 23.20% 18.83% 17.87% 17.39% 19.61% 19.75% 19.97% 22.07% 21.46% 18.80%
Operating Expenses to Revenue
51.36% 53.67% 44.24% 48.54% 43.29% 51.99% 47.20% 42.67% 50.99% 142.80% 44.72%
Earnings before Interest and Taxes (EBIT)
42 28 82 70 109 55 73 144 91 -945 50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
98 79 130 120 159 99 109 180 130 -850 108
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.28 2.47 3.65 3.64 4.80 5.14 6.60 5.93 2.80 0.00 10.19
Price to Tangible Book Value (P/TBV)
10.66 11.87 10.35 9.20 11.11 11.38 13.73 11.51 0.00 0.00 0.00
Price to Revenue (P/Rev)
3.24 2.66 4.06 4.11 5.22 6.35 7.75 5.90 2.80 1.52 6.08
Price to Earnings (P/E)
64.66 113.46 40.47 69.81 47.03 109.17 76.99 34.78 34.48 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
1.55% 0.88% 2.47% 1.43% 2.13% 0.92% 1.30% 2.88% 2.90% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
3.19 2.35 3.93 4.01 5.46 5.84 7.42 6.77 1.73 2.74 6.29
Enterprise Value to Revenue (EV/Rev)
3.28 2.75 3.96 3.98 5.06 6.18 7.60 5.75 4.26 2.95 6.52
Enterprise Value to EBITDA (EV/EBITDA)
18.66 17.18 16.58 19.55 19.90 34.03 41.53 23.71 24.82 0.00 54.95
Enterprise Value to EBIT (EV/EBIT)
43.14 47.89 26.18 33.41 29.04 61.58 62.34 29.60 35.21 0.00 118.05
Enterprise Value to NOPAT (EV/NOPAT)
56.55 79.79 34.27 58.06 30.24 91.27 63.82 33.09 44.56 0.00 169.54
Enterprise Value to Operating Cash Flow (EV/OCF)
17.24 13.23 18.33 20.97 17.29 28.50 38.03 20.99 25.42 0.00 102.20
Enterprise Value to Free Cash Flow (EV/FCFF)
47.12 78.24 24.55 407.83 29.67 84.52 112.42 39.39 0.00 9.71 212.04
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.46 0.49 0.40 0.34 0.31 0.29 0.26 0.23 1.77 -4.46 1.02
Long-Term Debt to Equity
0.43 0.45 0.37 0.32 0.28 0.29 0.26 0.23 1.72 -4.46 0.93
Financial Leverage
0.06 0.06 -0.01 -0.11 -0.14 -0.15 -0.14 -0.14 0.67 5.23 6.98
Leverage Ratio
1.73 1.71 1.70 1.65 1.59 1.56 1.55 1.54 2.48 8.79 11.88
Compound Leverage Factor
1.49 1.23 1.51 1.36 1.02 1.26 1.35 1.49 2.13 9.69 -43.38
Debt to Total Capital
31.48% 32.80% 28.47% 25.41% 23.62% 22.33% 20.41% 18.88% 63.93% 128.88% 50.42%
Short-Term Debt to Total Capital
2.31% 2.36% 1.71% 1.73% 2.04% 0.00% 0.00% 0.00% 2.06% 0.00% 4.17%
Long-Term Debt to Total Capital
29.17% 30.44% 26.77% 23.68% 21.58% 22.33% 20.41% 18.88% 61.88% 128.88% 46.25%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.02% 0.02% 0.01% 0.02% 0.00%
Common Equity to Total Capital
68.52% 67.20% 71.53% 74.59% 76.38% 77.64% 79.57% 81.10% 36.06% -28.90% 49.58%
Debt to EBITDA
2.58 3.28 1.85 1.90 1.32 1.96 1.65 0.95 10.33 -1.61 5.11
Net Debt to EBITDA
0.23 0.58 -0.43 -0.68 -0.63 -0.99 -0.82 -0.60 8.51 -1.46 3.71
Long-Term Debt to EBITDA
2.39 3.04 1.74 1.77 1.21 1.96 1.65 0.95 9.99 -1.61 4.69
Debt to NOPAT
7.83 15.23 3.83 5.63 2.01 5.26 2.53 1.33 18.54 -2.07 15.78
Net Debt to NOPAT
0.71 2.71 -0.89 -2.02 -0.96 -2.66 -1.27 -0.84 15.28 -1.88 11.44
Long-Term Debt to NOPAT
7.25 14.13 3.60 5.24 1.84 5.26 2.53 1.33 17.94 -2.07 14.47
Altman Z-Score
4.60 3.63 5.10 5.22 7.26 7.48 9.27 9.13 1.73 -1.13 4.40
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.03% 0.03% 0.03% 0.08% 0.08%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
3.67 3.28 3.57 3.65 3.74 4.67 4.33 3.91 1.82 2.46 2.07
Quick Ratio
2.77 2.46 2.83 2.86 3.01 3.60 3.10 2.73 1.00 1.21 1.11
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
39 17 88 5.73 107 40 40 108 -1,158 264 28
Operating Cash Flow to CapEx
335.25% 783.63% 357.79% 316.07% 1,083.61% 522.45% 367.65% 779.11% 447.98% -326.39% 746.87%
Free Cash Flow to Firm to Interest Expense
6.55 2.21 9.44 0.00 11.63 4.39 7.54 21.26 -65.65 2.76 0.12
Operating Cash Flow to Interest Expense
17.91 13.05 12.65 0.00 19.95 13.03 22.29 39.90 7.18 -0.98 0.25
Operating Cash Flow Less CapEx to Interest Expense
12.57 11.39 9.11 0.00 18.11 10.53 16.23 34.78 5.58 -1.28 0.21
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.59 0.53 0.57 0.56 0.58 0.52 0.56 0.67 0.41 0.44 0.65
Accounts Receivable Turnover
8.23 8.64 11.39 11.24 9.47 7.76 8.99 10.44 6.49 5.87 6.13
Inventory Turnover
3.42 2.87 3.38 3.45 3.71 3.08 2.98 2.78 1.73 3.25 2.93
Fixed Asset Turnover
4.95 4.53 5.19 5.04 5.16 4.51 4.66 5.57 4.97 5.38 6.50
Accounts Payable Turnover
6.32 5.80 5.67 5.96 6.22 4.62 4.87 5.55 3.67 7.86 8.68
Days Sales Outstanding (DSO)
44.37 42.23 32.05 32.48 38.53 47.05 40.59 34.96 56.26 62.18 59.58
Days Inventory Outstanding (DIO)
106.70 127.35 107.92 105.95 98.30 118.32 122.44 131.46 211.21 112.43 124.39
Days Payable Outstanding (DPO)
57.73 62.90 64.42 61.25 58.64 78.94 74.91 65.82 99.38 46.45 42.04
Cash Conversion Cycle (CCC)
93.34 106.68 75.55 77.18 78.18 86.43 88.12 100.61 168.09 128.16 141.93
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
574 574 549 584 582 579 609 630 1,861 935 942
Invested Capital Turnover
0.97 0.85 0.97 1.04 1.08 0.94 1.00 1.20 0.61 0.62 0.97
Increase / (Decrease) in Invested Capital
-6.47 -0.34 -25 35 -2.04 -2.96 31 21 1,231 -925 7.01
Enterprise Value (EV)
1,830 1,350 2,156 2,337 3,174 3,381 4,522 4,263 3,221 2,566 5,926
Market Capitalization
1,807 1,305 2,212 2,419 3,275 3,479 4,612 4,371 2,116 1,324 5,526
Book Value per Share
$8.26 $8.14 $9.22 $10.02 $10.37 $10.22 $10.75 $11.45 $11.84 ($4.78) $7.17
Tangible Book Value per Share
$2.54 $1.69 $3.26 $3.96 $4.48 $4.62 $5.17 $5.89 ($11.61) ($13.75) ($0.31)
Total Capital
805 786 846 892 894 872 878 909 2,096 1,064 1,094
Total Debt
253 258 241 227 211 195 179 172 1,340 1,371 552
Total Long-Term Debt
235 239 227 211 193 195 179 172 1,297 1,371 506
Net Debt
23 46 -56 -81 -101 -99 -90 -108 1,105 1,242 400
Capital Expenditures (CapEx)
32 13 33 35 17 23 32 26 28 29 7.76
Debt-free, Cash-free Net Working Capital (DFCFNWC)
77 44 33 43 62 69 96 94 134 188 196
Debt-free Net Working Capital (DFNWC)
307 256 330 350 374 362 365 374 369 317 348
Net Working Capital (NWC)
289 237 315 335 355 362 365 374 326 317 302
Net Nonoperating Expense (NNE)
4.41 5.43 8.25 5.61 35 5.18 11 3.17 11 431 197
Net Nonoperating Obligations (NNO)
23 46 -56 -81 -101 -99 -90 -108 1,105 1,242 400
Total Depreciation and Amortization (D&A)
56 50 48 50 50 44 36 36 38 95 58
Debt-free, Cash-free Net Working Capital to Revenue
13.78% 8.99% 6.02% 7.23% 9.81% 12.56% 16.18% 12.73% 17.65% 21.69% 21.59%
Debt-free Net Working Capital to Revenue
55.06% 52.20% 60.61% 59.61% 59.58% 66.13% 61.36% 50.47% 48.78% 36.49% 38.27%
Net Working Capital to Revenue
51.74% 48.41% 57.96% 56.99% 56.66% 66.13% 61.36% 50.47% 43.08% 36.49% 33.26%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.42 $0.18 $0.84 $0.55 $0.96 $0.48 $0.92 $1.94 $0.96 ($17.03) ($2.26)
Adjusted Weighted Average Basic Shares Outstanding
67.11M 65.66M 65.43M 66.03M 65.98M 66.26M 65.21M 64.66M 63.77M 64.13M 71.61M
Adjusted Diluted Earnings per Share
$0.41 $0.17 $0.83 $0.54 $0.92 $0.47 $0.91 $1.92 $0.96 ($17.03) ($2.26)
Adjusted Weighted Average Diluted Shares Outstanding
67.69M 65.96M 66.11M 67.61M 68.48M 67.42M 66.06M 65.57M 64.01M 64.13M 71.61M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
67.82M 65.21M 65.97M 66.52M 66.60M 65.80M 65.24M 64.11M 63.87M 64.56M 86.50M
Normalized Net Operating Profit after Tax (NOPAT)
43 7.69 63 43 96 35 71 129 81 -88 44
Normalized NOPAT Margin
7.76% 1.57% 11.53% 7.25% 15.24% 6.46% 11.90% 17.39% 10.74% -10.10% 4.80%
Pre Tax Income Margin
6.54% 4.16% 13.42% 9.83% 11.18% 8.14% 10.58% 18.77% 10.37% -119.89% -20.17%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
7.16 3.61 8.86 0.00 11.88 6.03 13.60 28.29 5.18 -9.86 0.21
NOPAT to Interest Expense
5.46 2.16 6.76 0.00 11.41 4.07 13.28 25.30 4.10 -6.90 0.15
EBIT Less CapEx to Interest Expense
1.81 1.94 5.32 0.00 10.04 3.54 7.53 23.17 3.58 -10.16 0.18
NOPAT Less CapEx to Interest Expense
0.12 0.50 3.23 0.00 9.57 1.57 7.22 20.18 2.49 -7.20 0.12
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.11%
Augmented Payout Ratio
146.37% 498.49% 1.84% 42.86% 166.87% 220.36% 119.32% 103.26% 81.47% 0.00% -0.11%

Quarterly Metrics and Ratios for Semtech

This table displays calculated financial ratios and metrics derived from Semtech's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
13.11% -8.88% -12.09% 17.01% 13.92% 13.11% 15.18% -12.87% -9.66% 17.88% 30.09%
EBITDA Growth
58.89% 0.16% -185.48% -72.76% -477.99% -62.64% -1,272.27% 17.33% 108.59% 75.77% 105.95%
EBIT Growth
74.72% -0.02% -232.71% -126.31% -574.28% -123.67% -1,002.96% 128.68% 102.24% 289.25% 103.73%
NOPAT Growth
54.53% -14.72% -207.26% -121.42% -504.89% -129.61% -1,013.85% 126.46% 102.59% 243.74% 129.73%
Net Income Growth
56.68% -33.93% -246.63% -177.32% -840.37% -268.19% -1,159.15% 21.27% 55.42% 80.17% 106.09%
EPS Growth
62.00% -32.08% -250.94% -177.97% -837.04% -266.67% -1,150.00% 21.74% 56.28% 83.33% 108.10%
Operating Cash Flow Growth
45.77% -72.68% -136.87% -279.79% -115.53% -132.16% 174.04% 99.90% 58.39% 605.81% 140.65%
Free Cash Flow Firm Growth
1,503.38% 16.17% -8,171.47% -7,663.02% -1,967.24% -5,869.23% 138.70% 177.42% 155.87% 170.88% -75.17%
Invested Capital Growth
-2.03% 2.03% 195.40% 202.99% 163.23% 151.50% -49.74% -52.09% -41.63% -42.30% 0.75%
Revenue Q/Q Growth
3.51% -15.12% -5.69% 41.21% 0.77% -15.72% -3.96% 6.82% 4.49% 9.97% 5.99%
EBITDA Q/Q Growth
29.24% -36.19% -196.35% 134.28% -1,893.70% 106.31% -3,638.54% 102.93% 31.36% 29.01% 19.85%
EBIT Q/Q Growth
35.48% -41.35% -251.17% 78.10% -2,342.12% 97.07% -6,943.43% 100.57% 90.60% 147.49% 38.77%
NOPAT Q/Q Growth
33.67% -43.63% -233.22% 78.66% -2,426.17% 95.88% -4,910.59% 100.51% 147.15% 128.95% 936.47%
Net Income Q/Q Growth
35.61% -55.92% -324.31% 42.34% -1,198.58% 89.99% -1,579.28% 96.39% -635.33% 95.55% 616.00%
EPS Q/Q Growth
37.29% -55.56% -322.22% 42.50% -1,197.83% 89.95% -1,566.67% 96.40% -625.00% 96.17% 910.00%
Operating Cash Flow Q/Q Growth
54.40% -76.47% -203.40% -378.68% 86.66% 51.30% 338.05% -100.64% -5,512.36% 692.09% 13.26%
Free Cash Flow Firm Q/Q Growth
271.19% -74.11% -7,706.76% -3.46% 8.36% 20.01% 151.03% 106.95% -33.87% 1.49% -82.12%
Invested Capital Q/Q Growth
-5.32% 3.47% 195.38% 4.72% -17.75% -1.15% -40.97% -0.18% 0.21% -2.29% 3.07%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
64.41% 64.50% 59.71% 43.52% 42.26% 46.28% -0.20% 48.32% 48.97% 51.08% 51.99%
EBITDA Margin
34.51% 25.94% -26.50% 6.43% -114.52% 8.57% -315.75% 8.66% 10.89% 12.78% 14.45%
Operating Margin
30.60% 21.04% -33.23% -5.02% -125.90% -6.16% -321.31% 1.53% 3.61% 7.51% 8.46%
EBIT Margin
30.40% 21.00% -33.67% -5.22% -126.56% -4.40% -322.37% 1.72% 3.14% 7.06% 9.24%
Profit (Net Income) Margin
24.66% 12.80% -30.45% -12.44% -160.26% -19.04% -332.92% -11.24% -79.08% -3.20% 15.60%
Tax Burden Percent
81.47% 78.14% 84.93% 92.43% 117.40% 99.22% 99.47% 114.35% 102.54% 212.67% 598.62%
Interest Burden Percent
99.57% 78.02% 106.51% 257.65% 107.86% 436.55% 103.82% -571.63% -2,459.35% -21.34% 28.20%
Effective Tax Rate
18.98% 21.74% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -507.57%
Return on Invested Capital (ROIC)
32.12% 20.58% -14.13% -2.15% -65.36% -3.28% -139.78% 0.62% 1.62% 3.58% 49.80%
ROIC Less NNEP Spread (ROIC-NNEP)
32.33% 25.51% -16.55% -5.90% -98.25% -8.73% -157.54% -1.44% -13.58% 1.84% 38.85%
Return on Net Nonoperating Assets (RNNOA)
-5.95% -4.45% -11.04% -4.52% -88.08% -8.42% -823.87% -8.43% -139.18% 21.80% 271.29%
Return on Equity (ROE)
26.17% 16.13% -25.17% -6.66% -153.44% -11.70% -963.65% -7.81% -137.55% 25.38% 321.08%
Cash Return on Invested Capital (CROIC)
28.26% 23.08% -93.03% -130.90% -110.79% -110.23% 18.91% 25.28% 18.29% 20.51% 2.98%
Operating Return on Assets (OROA)
21.06% 12.65% -13.77% -2.28% -62.55% -2.12% -142.04% 0.74% 1.47% 3.52% 6.02%
Return on Assets (ROA)
17.09% 7.71% -12.45% -5.44% -79.20% -9.16% -146.69% -4.86% -36.98% -1.60% 10.15%
Return on Common Equity (ROCE)
26.17% 16.13% -25.17% -6.66% -153.40% -11.70% -962.87% -7.81% -137.44% 25.35% 320.83%
Return on Equity Simple (ROE_SIMPLE)
19.89% 18.57% 0.00% -0.83% -119.86% -149.79% 0.00% 346.78% 617.99% 603.79% 0.00%
Net Operating Profit after Tax (NOPAT)
52 29 -39 -8.32 -210 -8.66 -434 2.20 5.44 12 129
NOPAT Margin
24.79% 16.47% -23.26% -3.52% -88.13% -4.31% -224.92% 1.07% 2.52% 5.26% 51.41%
Net Nonoperating Expense Percent (NNEP)
-0.21% -4.93% 2.42% 3.76% 32.89% 5.44% 17.76% 2.06% 15.20% 1.74% 10.95%
Return On Investment Capital (ROIC_SIMPLE)
- - -1.86% - - - -40.79% - - - 11.80%
Cost of Revenue to Revenue
35.59% 35.50% 40.30% 56.48% 57.74% 53.73% 100.20% 51.68% 51.03% 48.92% 48.01%
SG&A Expenses to Revenue
23.00% 22.65% 55.58% 24.43% 24.99% 23.72% 28.61% 25.36% 25.91% 25.24% 21.73%
R&D to Revenue
19.40% 19.74% 31.34% 21.39% 19.90% 23.35% 21.51% 20.19% 18.61% 17.97% 18.59%
Operating Expenses to Revenue
33.80% 43.46% 92.93% 48.54% 168.16% 52.43% 321.11% 46.80% 45.37% 43.57% 43.53%
Earnings before Interest and Taxes (EBIT)
64 37 -56 -12 -302 -8.83 -622 3.54 6.75 17 23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
72 46 -44 15 -273 17 -609 18 23 30 36
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
4.95 2.24 2.80 1.70 4.97 2.78 0.00 0.00 0.00 0.00 10.19
Price to Tangible Book Value (P/TBV)
8.91 4.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
4.97 2.28 2.80 1.57 2.22 1.10 1.52 2.75 2.46 4.02 6.08
Price to Earnings (P/E)
24.90 12.06 34.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
4.02% 8.29% 2.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
6.19 2.56 1.73 1.26 1.91 1.38 2.74 3.81 3.29 4.89 6.29
Enterprise Value to Revenue (EV/Rev)
4.73 2.07 4.26 3.11 3.73 2.59 2.95 4.24 3.78 5.26 6.52
Enterprise Value to EBITDA (EV/EBITDA)
16.66 7.13 24.82 27.60 0.00 0.00 0.00 0.00 0.00 0.00 54.95
Enterprise Value to EBIT (EV/EBIT)
19.79 8.47 35.21 76.49 0.00 0.00 0.00 0.00 0.00 0.00 118.05
Enterprise Value to NOPAT (EV/NOPAT)
23.36 10.30 44.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 169.54
Enterprise Value to Operating Cash Flow (EV/OCF)
15.38 8.20 25.42 0.00 0.00 0.00 0.00 0.00 1,030.97 116.49 102.20
Enterprise Value to Free Cash Flow (EV/FCFF)
21.67 11.20 0.00 0.00 0.00 0.00 9.71 9.76 13.27 17.46 212.04
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.22 0.57 1.77 1.88 3.77 4.11 -4.46 -4.39 -8.43 -8.52 1.02
Long-Term Debt to Equity
0.22 0.57 1.72 1.82 3.63 4.11 -4.46 -4.39 -8.43 -8.52 0.93
Financial Leverage
-0.18 -0.17 0.67 0.76 0.90 0.96 5.23 5.86 10.25 11.83 6.98
Leverage Ratio
1.53 1.71 2.48 2.46 2.85 3.11 8.79 9.23 15.46 17.55 11.88
Compound Leverage Factor
1.52 1.34 2.64 6.34 3.07 13.58 9.12 -52.75 -380.12 -3.74 3.35
Debt to Total Capital
17.71% 36.48% 63.93% 65.29% 79.03% 80.42% 128.88% 129.53% 113.45% 113.30% 50.42%
Short-Term Debt to Total Capital
0.00% 0.00% 2.06% 2.02% 3.02% 0.00% 0.00% 0.00% 0.00% 0.00% 4.17%
Long-Term Debt to Total Capital
17.71% 36.48% 61.88% 63.27% 76.01% 80.42% 128.88% 129.53% 113.45% 113.30% 46.25%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.02% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
82.27% 63.51% 36.06% 34.70% 20.96% 19.57% -28.90% -29.53% -13.45% -13.30% 49.58%
Debt to EBITDA
0.76 2.01 10.33 15.48 -5.40 -4.82 -1.61 -1.62 -2.17 -2.21 5.11
Net Debt to EBITDA
-0.84 -0.72 8.51 13.63 -4.83 -4.39 -1.46 -1.47 -1.96 -1.96 3.71
Long-Term Debt to EBITDA
0.76 2.01 9.99 15.00 -5.20 -4.82 -1.61 -1.62 -2.17 -2.21 4.69
Debt to NOPAT
1.07 2.91 18.54 -3.53 -5.98 -5.16 -2.07 -2.11 -2.74 -2.88 15.78
Net Debt to NOPAT
-1.18 -1.04 15.28 -3.11 -5.34 -4.70 -1.88 -1.92 -2.48 -2.55 11.44
Long-Term Debt to NOPAT
1.07 2.91 17.94 -3.42 -5.76 -5.16 -2.07 -2.11 -2.74 -2.88 14.47
Altman Z-Score
8.23 3.63 1.54 1.36 1.01 1.20 -0.35 1.45 1.25 1.85 4.34
Noncontrolling Interest Sharing Ratio
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.08% 0.04% 0.08% 0.09% 0.08%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
4.12 5.96 1.82 2.14 1.96 2.40 2.46 2.40 2.41 2.37 2.07
Quick Ratio
3.09 4.98 1.00 1.00 0.96 1.17 1.21 1.25 1.20 1.18 1.11
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
64 17 -1,270 -1,314 -1,204 -963 491 1,017 673 683 122
Operating Cash Flow to CapEx
1,063.26% 258.73% -331.26% -643.82% -173.48% -94.15% 813.98% -6.67% -146.44% 6,123.19% 1,283.86%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.65 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.03 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.06 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.69 0.60 0.41 0.44 0.49 0.48 0.44 0.43 0.47 0.50 0.65
Accounts Receivable Turnover
11.06 10.07 6.49 7.47 7.12 7.11 5.87 5.60 5.23 5.69 6.13
Inventory Turnover
2.77 2.63 1.73 2.12 2.79 3.29 3.25 3.02 3.08 3.24 2.93
Fixed Asset Turnover
5.99 5.85 4.97 5.29 5.55 5.73 5.38 5.37 5.42 5.83 6.50
Accounts Payable Turnover
5.50 6.20 3.67 5.52 7.56 8.93 7.86 7.84 8.07 8.84 8.68
Days Sales Outstanding (DSO)
33.02 36.25 56.26 48.86 51.23 51.32 62.18 65.16 69.86 64.12 59.58
Days Inventory Outstanding (DIO)
131.63 139.02 211.21 172.54 130.75 111.00 112.43 121.05 118.54 112.51 124.39
Days Payable Outstanding (DPO)
66.38 58.82 99.38 66.18 48.25 40.89 46.45 46.54 45.21 41.28 42.04
Cash Conversion Cycle (CCC)
98.27 116.45 168.09 155.22 133.73 121.43 128.16 139.67 143.19 135.36 141.93
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
609 630 1,861 1,948 1,603 1,584 935 934 936 914 942
Invested Capital Turnover
1.30 1.25 0.61 0.61 0.74 0.76 0.62 0.58 0.64 0.68 0.97
Increase / (Decrease) in Invested Capital
-13 13 1,231 1,305 994 954 -925 -1,015 -667 -670 7.01
Enterprise Value (EV)
3,767 1,612 3,221 2,460 3,058 2,181 2,566 3,556 3,081 4,474 5,926
Market Capitalization
3,957 1,775 2,116 1,245 1,822 931 1,324 2,309 2,004 3,421 5,526
Book Value per Share
$12.58 $12.48 $11.84 $11.48 $5.74 $5.21 ($4.78) ($4.85) ($2.19) ($1.86) $7.17
Tangible Book Value per Share
$6.99 $6.90 ($11.61) ($11.81) ($13.04) ($13.21) ($13.75) ($13.77) ($11.10) ($9.54) ($0.31)
Total Capital
971 1,248 2,096 2,113 1,751 1,708 1,064 1,060 1,051 1,051 1,094
Total Debt
172 455 1,340 1,379 1,384 1,374 1,371 1,373 1,193 1,190 552
Total Long-Term Debt
172 455 1,297 1,337 1,331 1,374 1,371 1,373 1,193 1,190 506
Net Debt
-190 -163 1,105 1,215 1,236 1,250 1,242 1,247 1,077 1,054 400
Capital Expenditures (CapEx)
7.27 7.03 5.68 14 6.92 6.21 1.71 1.33 3.41 0.48 2.61
Debt-free, Cash-free Net Working Capital (DFCFNWC)
75 77 134 233 214 210 188 188 201 186 196
Debt-free Net Working Capital (DFNWC)
437 695 369 397 362 333 317 314 317 322 348
Net Working Capital (NWC)
437 695 326 355 309 333 317 314 317 322 302
Net Nonoperating Expense (NNE)
0.29 6.50 12 21 172 30 208 25 176 20 90
Net Nonoperating Obligations (NNO)
-190 -163 1,105 1,215 1,236 1,250 1,242 1,247 1,077 1,054 400
Total Depreciation and Amortization (D&A)
8.61 8.78 12 28 29 26 13 14 17 14 13
Debt-free, Cash-free Net Working Capital to Revenue
9.39% 9.92% 17.65% 29.48% 26.08% 24.85% 21.69% 22.38% 24.67% 21.83% 21.59%
Debt-free Net Working Capital to Revenue
54.83% 89.17% 48.78% 50.24% 44.12% 39.54% 36.49% 37.50% 38.89% 37.86% 38.27%
Net Working Capital to Revenue
54.83% 89.17% 43.08% 44.84% 37.67% 39.54% 36.49% 37.50% 38.89% 37.86% 33.26%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.81 $0.36 ($0.80) ($0.46) ($5.97) ($0.60) ($10.00) ($0.36) ($2.61) ($0.10) $0.81
Adjusted Weighted Average Basic Shares Outstanding
63.50M 63.76M 63.77M 63.92M 64.01M 64.22M 64.13M 64.51M 65.28M 75.32M 71.61M
Adjusted Diluted Earnings per Share
$0.81 $0.36 ($0.80) ($0.46) ($5.97) ($0.60) ($10.00) ($0.36) ($2.61) ($0.10) $0.81
Adjusted Weighted Average Diluted Shares Outstanding
63.98M 63.86M 64.01M 63.92M 64.01M 64.22M 64.13M 64.51M 65.28M 75.32M 71.61M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
63.52M 63.84M 63.87M 63.96M 64.17M 64.28M 64.56M 64.65M 75.23M 75.68M 86.50M
Normalized Net Operating Profit after Tax (NOPAT)
52 31 -39 -7.22 -7.81 -4.52 -428 3.79 6.52 13 15
Normalized NOPAT Margin
24.79% 17.45% -23.26% -3.05% -3.28% -2.25% -221.59% 1.84% 3.03% 5.46% 6.05%
Pre Tax Income Margin
30.27% 16.39% -35.86% -13.46% -136.51% -19.19% -334.69% -9.83% -77.12% -1.51% 2.61%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.11%
Augmented Payout Ratio
70.97% 56.22% 81.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.11%

Frequently Asked Questions About Semtech's Financials

When does Semtech's financial year end?

According to the most recent income statement we have on file, Semtech's fiscal year ends in January. Their fiscal year 2025 ended on January 26, 2025.

How has Semtech's net income changed over the last 10 years?

Semtech's net income appears to be on an upward trend, with a most recent value of -$161.90 million in 2025, falling from $27.95 million in 2015. The previous period was -$1.09 billion in 2024.

What is Semtech's operating income?
Semtech's total operating income in 2025 was $49.93 million, based on the following breakdown:
  • Total Gross Profit: $456.53 million
  • Total Operating Expenses: $406.59 million
How has Semtech revenue changed over the last 10 years?

Over the last 10 years, Semtech's total revenue changed from $557.89 million in 2015 to $909.29 million in 2025, a change of 63.0%.

How much debt does Semtech have?

Semtech's total liabilities were at $876.84 million at the end of 2025, a 47.8% decrease from 2024, and a 131.9% increase since 2015.

How much cash does Semtech have?

In the past 10 years, Semtech's cash and equivalents has ranged from $128.59 million in 2024 to $312.12 million in 2019, and is currently $151.74 million as of their latest financial filing in 2025.

How has Semtech's book value per share changed over the last 10 years?

Over the last 10 years, Semtech's book value per share changed from 8.26 in 2015 to 7.17 in 2025, a change of -13.2%.



This page (NASDAQ:SMTC) was last updated on 4/26/2025 by MarketBeat.com Staff
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