Stocktoria

Qorvo, Inc. QRVO

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 1997-06-03 · LEI

Qorvo, Inc. statistics & valuation

Market cap$8.3B
P / E24.4×
P / S2.2×
P / B2.5×
P / FCF12.2×
Net margin9.2%
Return on equity10.1%
FCF margin18.5%
Net debt$330.1M
Net debt / EBITDA0.6×
Enterprise value USD$8.6B
EV / EBITDA15.3×
Earnings yield EBIT/EV4.8%
Return on capital8%
Graham number -45.1%$53.96

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 ($53.96); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-0.50% -1.40% 4.30% 10.30% 18.30% 22.20% 2.90% -1.90% 1.50% 9.20% 2017201820192020202120222023202420252026
Gross margin (%)
37.40% 38.60% 38.70% 40.80% 46.90% 49.20% 36.30% 39.50% 41.30% 45.90% 2017201820192020202120222023202420252026
Operating margin (%)
2.90% 2.40% 7.00% 13.10% 22.60% 26.40% 5.10% 2.40% 2.60% 11.20% 2017201820192020202120222023202420252026
Return on equity (%)
-0.30% -0.80% 3.10% 7.80% 15.80% 22.70% 2.60% -2.00% 1.60% 10.10% 2017201820192020202120222023202420252026
Shares outstanding
127.1M 126.9M 127.4M 119.3M 116.0M 111.5M 103.0M 97.6M 95.5M 93.5M 2017201820192020202120222023202420252026
Net debt ($)
$443.7M $57.3M $209.9M $852.3M $344.7M $1.07B $1.24B $520.0M $528.0M $330.1M 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
-0.30% -0.60% 2.30% 5.10% 10.20% 13.80% 1.50% -1.10% 0.90% 5.80% 2017201820192020202120222023202420252026
Free cash flow margin (%)
7.40% 19.60% 19.10% 24.10% 27.80% 18.00% 19.20% 18.70% 13.00% 18.50% 2017201820192020202120222023202420252026
Debt / equity (×)
0.20× 0.21× 0.21× 0.37× 0.38× 0.45× 0.52× 0.44× 0.46× 0.46× 2017201820192020202120222023202420252026
EPS ($)
-$0.13 -$0.32 $1.05 $2.80 $6.32 $9.26 $1.00 -$0.72 $0.58 $3.62 2017201820192020202120222023202420252026

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

Qorvo, Inc. trades at about 27.1× earnings — below its 10-year norm (10-year range 12.3×–123.6×, median 35×).

12.3× 123.6×

Shaded band = 10-year range (12.3×–123.6×); dot = today's 27.1×.

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)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin45.9%41.3%39.5%36.3%49.2%46.9%40.8%38.7%38.6%37.4%
Operating margin11.2%2.6%2.4%5.1%26.4%22.6%13.1%7.0%2.4%2.9%
Net margin9.2%1.5%-1.9%2.9%22.2%18.3%10.3%4.3%-1.4%-0.5%
FCF margin18.5%13.0%18.7%19.2%18.0%27.8%24.1%19.1%19.6%7.4%
Return on assets5.8%0.9%-1.1%1.5%13.8%10.2%5.1%2.3%-0.6%-0.3%
Return on equity10.1%1.6%-2.0%2.6%22.7%15.8%7.8%3.1%-0.8%-0.3%
Debt / equity0.46×0.46×0.44×0.52×0.45×0.38×0.37×0.21×0.21×0.20×
Current ratio3.242.771.993.653.633.643.143.874.183.49

Computed from company filings · US · as of 2026-03-28. Facts plus Stocktoria's own computed scores — not investment advice.