Stocktoria

VIAVI SOLUTIONS INC. VIAV

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 1993-11-01 · LEI

VIAVI SOLUTIONS INC. statistics & valuation

Market cap$12.4B
P / S8.1×
P / B8.5×
P / FCF149.3×
Net margin-2.0%
Return on equity-2.1%
FCF margin5.5%
Return on capital5.2%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
19.70% -5.50% 0.50% 4.30% 5.60% 1.20% 2.30% -2.60% 3.20% -2.00% 2017201820192020202120222023202420252026
Gross margin (%)
59.00% 55.80% 57.60% 58.50% 59.60% 59.80% 57.80% 57.60% 57.30% 57.70% 2017201820192020202120222023202420252026
Operating margin (%)
0.90% 0.20% 6.00% 10.40% 11.90% 14.30% 7.40% 2.10% 5.30% 6.90% 2017201820192020202120222023202420252026
Return on equity (%)
19.90% -6.60% 0.90% 7.70% 8.80% 2.30% 3.70% -3.80% 4.50% -2.10% 2017201820192020202120222023202420252026
Shares outstanding
234.5M 227.1M 231.2M 234.8M 236.3M 238.2M 226.6M 222.6M 225.7M 247.0M 2017201820192020202120222023202420252026
Net debt ($)
$140.1M -$473.7M $56.6M $123.0M $164.7M -$27.3M 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
7.60% -2.40% 0.30% 2.80% 3.40% 0.80% 1.40% -1.50% 1.70% -1.10% 2017201820192020202120222023202420252026
Free cash flow margin (%)
6.90% 2.70% 8.30% 9.10% 15.90% 8.20% 5.70% 9.70% 5.70% 5.50% 2017201820192020202120222023202420252026
Debt / equity (×)
1.07× 0.29× 0.92× 0.91× 0.93× 0.51× 2017201820192020202120222023202420252026
EPS ($)
$0.68 -$0.21 $0.02 $0.21 $0.29 $0.07 $0.11 -$0.12 $0.15 -$0.13 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

VIAVI SOLUTIONS INC. trades at about 271.2× earnings — above its 10-year norm (10-year range 16.1×–733.5×, median 67×).

16.1× 733.5×

Shaded band = 10-year range (16.1×–733.5×); dot = today's 271.2×.

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)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin57.7%57.3%57.6%57.8%59.8%59.6%58.5%57.6%55.8%59.0%
Operating margin6.9%5.3%2.1%7.4%14.3%11.9%10.4%6.0%0.2%0.9%
Net margin-2.0%3.2%-2.6%2.3%1.2%5.6%4.3%0.5%-5.5%19.7%
FCF margin5.5%5.7%9.7%5.7%8.2%15.9%9.1%8.3%2.7%6.9%
Return on assets-1.1%1.7%-1.5%1.4%0.8%3.4%2.8%0.3%-2.4%7.6%
Return on equity-2.1%4.5%-3.8%3.7%2.3%8.8%7.7%0.9%-6.6%19.9%
Debt / equity—0.51×0.93×0.91×0.92×0.29×1.07×———
Current ratio1.851.503.552.752.721.493.923.232.097.29

Computed from company filings · US · as of 2026-06-27. Facts plus Stocktoria's own computed scores — not investment advice.