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ADVANCED MICRO DEVICES INC AMD

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 1979-10-15 · LEI

ADVANCED MICRO DEVICES INC statistics & valuation

Market cap$850.5B
P / E196.2×
P / S24.6×
P / B13.5×
P / FCF126.3×
Net margin12.5%
Return on equity6.9%
FCF margin19.4%
Net cash$3.2B
Net debt / EBITDA-0.8×
Enterprise value USD$847.3B
Earnings yield EBIT/EV0.4%
Return on capital5.5%
Graham number -90.1%$47.92

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($47.92); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-11.50% -0.60% 5.20% 5.10% 25.50% 19.20% 5.60% 3.80% 6.40% 12.50% 2016201720182019202020212022202320242025
Gross margin (%)
23.20% 33.50% 37.80% 42.60% 44.50% 48.20% 44.90% 46.10% 49.40% 49.50% 2016201720182019202020212022202320242025
Operating margin (%)
-8.60% 2.40% 7.00% 9.40% 14.00% 22.20% 5.40% 1.80% 7.40% 10.70% 2016201720182019202020212022202320242025
Return on equity (%)
-104.40% -5.50% 26.60% 12.10% 42.70% 42.20% 2.40% 1.50% 2.90% 6.90% 2016201720182019202020212022202320242025
Shares outstanding
935.0M 967.0M 1.06B 1.17B 1.21B 1.23B 1.61B 1.62B 1.64B 1.64B 2016201720182019202020212022202320242025
Net debt ($)
$171.0M $210.0M $172.0M -$980.0M -$1.26B -$2.53B -$2.37B -$2.22B -$2.07B -$3.19B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-15.00% -0.90% 7.40% 5.70% 27.80% 25.50% 2.00% 1.30% 2.40% 5.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
0.10% -1.90% -2.00% 4.10% 8.00% 19.60% 13.20% 4.90% 9.30% 19.40% 2016201720182019202020212022202320242025
Debt / equity (×)
3.01× 2.34× 0.99× 0.17× 0.06× 0.00× 0.05× 0.03× 0.03× 0.04× 2016201720182019202020212022202320242025
EPS ($)
-$0.60 -$0.03 $0.32 $0.30 $2.06 $2.57 $0.84 $0.53 $1.00 $2.65 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ADVANCED MICRO DEVICES INC trades at about 182.2× earnings — above its 10-year norm (10-year range 10.2×–316.4×, median 89.3×).

10.2× 316.4×

Shaded band = 10-year range (10.2×–316.4×); dot = today's 182.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin49.5%49.4%46.1%44.9%48.2%44.5%42.6%37.8%33.5%23.2%
Operating margin10.7%7.4%1.8%5.4%22.2%14.0%9.4%7.0%2.4%-8.6%
Net margin12.5%6.4%3.8%5.6%19.2%25.5%5.1%5.2%-0.6%-11.5%
FCF margin19.4%9.3%4.9%13.2%19.6%8.0%4.1%-2.0%-1.9%0.1%
Return on assets5.6%2.4%1.3%2.0%25.5%27.8%5.7%7.4%-0.9%-15.0%
Return on equity6.9%2.9%1.5%2.4%42.2%42.7%12.1%26.6%-5.5%-104.4%
Debt / equity0.04×0.03×0.03×0.05×0.00×0.06×0.17×0.99×2.34×3.01×
Current ratio2.852.622.512.362.022.541.951.781.741.88

Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.