Ichor (ICHR) Financials

$67.77 -1.95 (-2.80%)

Closing price 04:00 PM Eastern

Extended Trading

$67.40 -0.37 (-0.55%)

As of 07:10 PM Eastern

Annual Income Statements for Ichor

This table shows Ichor'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
Period end date	12/25/2015	12/30/2016	12/29/2017	12/28/2018	12/27/2019	12/25/2020	12/31/2021	12/30/2022	12/29/2023	12/27/2024	12/26/2025
Net Income / (Loss) Attributable to Common Shareholders	-17	1.38	56	58	11	33	71	73	-43	-21	-53
Consolidated Net Income / (Loss)	5.63	17	56	58	11	33	71	73	-43	-21	-53
Net Income / (Loss) Continuing Operations	13	21	57	58	11	33	71	73	-43	-21	-53
Total Pre-Tax Income	8.82	20	43	54	4.28	32	74	75	-31	-18	-48
Total Operating Income	13	24	46	64	15	42	81	86	-11	-7.64	-39
Total Gross Profit	49	65	101	136	86	125	177	212	103	103	88
Total Revenue	291	406	656	824	621	914	1,097	1,280	811	849	948
Operating Revenue	291	406	656	824	621	914	1,097	1,280	811	849	948
Total Cost of Revenue	242	340	555	687	534	789	919	1,068	708	746	860
Operating Cost of Revenue	242	340	555	687	534	789	919	1,068	708	746	860
Total Operating Expenses	36	42	55	72	71	83	96	126	114	111	127
Selling, General & Admin Expense	25	28	38	47	47	57	66	89	79	79	96
Research & Development Expense	4.81	6.38	7.90	9.36	11	13	16	20	20	23	23
Amortization Expense	6.41	7.02	8.88	15	13	13	15	18	15	8.57	8.31
Total Other Income / (Expense), net	-3.79	-3.74	-3.15	-9.75	-11	-9.26	-7.26	-10	-20	-10	-8.29
Interest Expense	3.83	4.37	3.28	9.99	11	8.73	6.45	11	19	9.27	6.62
Other Income / (Expense), net	0.05	0.63	0.13	0.24	-0.06	-0.53	-0.81	0.56	-0.80	-1.15	-1.67
Income Tax Expense	-3.99	-0.65	-14	-3.66	-6.45	-0.99	2.86	2.53	12	2.77	5.22
Basic Earnings per Share	($517.68)	$0.92	$2.25	$2.34	$0.48	$1.44	$2.51	$2.54	($1.47)	($0.64)	($1.54)
Weighted Average Basic Shares Outstanding	31.88K	3.01M	25.12M	24.71M	22.42M	23.17M	28.26M	28.71M	29.20M	32.76M	34.23M
Diluted Earnings per Share	($517.68)	$0.70	$2.15	$2.30	$0.47	$1.42	$2.45	$2.51	($1.47)	($0.64)	($1.54)
Weighted Average Diluted Shares Outstanding	31.88K	3.47M	26.22M	25.13M	22.77M	23.46M	28.98M	28.96M	29.20M	32.76M	34.23M
Weighted Average Basic & Diluted Shares Outstanding	-	-	25.10M	22.37M	22.81M	28.06M	28.59M	29.01M	29.54M	34.00M	34.64M

This table shows Ichor'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
Period end date	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024	3/28/2025	6/27/2025	9/26/2025	12/26/2025
Net Income / (Loss) Attributable to Common Shareholders	-21	-10	-12	-8.99	-5.11	-2.78	-3.94	-4.56	-9.41	-23	-16
Consolidated Net Income / (Loss)	-21	-10	-12	-8.99	-5.11	-2.78	-3.94	-4.56	-9.41	-23	-16
Net Income / (Loss) Continuing Operations	-21	-10	-12	-8.99	-5.11	-2.78	-3.94	-4.56	-9.41	-23	-16
Total Pre-Tax Income	-8.04	-9.99	-13	-8.08	-4.17	-2.61	-3.20	-2.90	-6.67	-22	-16
Total Operating Income	-2.91	-4.82	-7.96	-3.74	-2.26	-0.39	-1.25	-1.17	-4.84	-19	-14
Total Gross Profit	26	24	20	23	26	28	27	29	27	11	21
Total Revenue	185	197	203	201	203	211	233	244	240	239	224
Operating Revenue	185	197	203	201	203	211	233	244	240	239	224
Total Cost of Revenue	159	173	183	178	178	183	206	216	213	228	203
Operating Cost of Revenue	159	173	183	178	178	183	206	216	213	228	203
Total Operating Expenses	29	29	28	27	28	28	28	30	32	30	35
Selling, General & Admin Expense	20	20	20	19	20	20	20	22	24	23	27
Research & Development Expense	5.19	5.19	5.53	5.37	5.93	5.87	5.85	5.87	5.71	5.90	5.60
Amortization Expense	3.96	3.64	3.17	2.15	2.09	2.08	2.26	2.08	2.08	2.08	2.08
Total Other Income / (Expense), net	-5.13	-5.17	-4.55	-4.34	-1.91	-2.23	-1.95	-1.73	-1.83	-2.75	-1.99
Interest Expense	5.03	5.14	4.66	4.10	1.86	1.64	1.67	1.65	1.64	1.65	1.69
Other Income / (Expense), net	-0.10	-0.03	0.11	-0.24	-0.05	-0.59	-0.27	-0.08	-0.19	-1.09	-0.31
Income Tax Expense	13	0.44	-0.61	0.91	0.94	0.17	0.75	1.66	2.74	0.68	0.13
Basic Earnings per Share	($0.71)	($0.36)	($0.40)	($0.30)	($0.15)	($0.08)	($0.11)	($0.13)	($0.28)	($0.67)	($0.46)
Weighted Average Basic Shares Outstanding	29.12M	29.30M	29.20M	30.01M	33.55M	33.70M	32.76M	34.00M	34.18M	34.35M	34.23M
Diluted Earnings per Share	($0.71)	($0.36)	($0.40)	($0.30)	($0.15)	($0.08)	($0.11)	($0.13)	($0.28)	($0.67)	($0.46)
Weighted Average Diluted Shares Outstanding	29.12M	29.30M	29.20M	30.01M	33.55M	33.70M	32.76M	34.00M	34.18M	34.35M	34.23M
Weighted Average Basic & Diluted Shares Outstanding	29.25M	29.38M	29.54M	33.48M	33.69M	33.73M	34.00M	34.12M	34.33M	34.38M	34.64M

This table details how cash moves in and out of Ichor'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
Period end date	12/25/2015	12/30/2016	12/29/2017	12/28/2018	12/27/2019	12/25/2020	12/31/2021	12/30/2022	12/29/2023	12/27/2024	12/26/2025
Net Change in Cash & Equivalents	9.82	28	17	-25	17	192	-177	11	-6.52	29	-10
Net Cash From Operating Activities	27	28	39	60	57	38	15	31	58	28	30
Net Cash From Continuing Operating Activities	24	28	39	60	57	38	15	31	58	28	30
Net Income / (Loss) Continuing Operations	5.63	17	56	58	11	33	71	73	-43	-21	-53
Consolidated Net Income / (Loss)	5.63	17	56	58	11	33	71	73	-43	-21	-53
Depreciation Expense	9.94	9.50	13	23	22	24	26	35	35	31	34
Amortization Expense	0.83	0.53	0.61	0.97	0.94	0.97	0.88	0.47	0.47	0.47	0.43
Non-Cash Adjustments To Reconcile Net Income	1.12	3.22	1.99	7.58	8.54	13	12	14	17	16	39
Changes in Operating Assets and Liabilities, net	6.02	-2.17	-33	-29	15	-34	-95	-91	48	1.92	9.40
Net Cash From Investing Activities	-1.37	-21	-187	-15	-20	-15	-290	-29	-15	-18	-36
Net Cash From Continuing Investing Activities	-1.37	-21	-187	-15	-20	-15	-290	-29	-15	-18	-36
Purchase of Property, Plant & Equipment	-1.37	-4.27	-8.23	-14	-12	-10	-21	-29	-15	-18	-36
Net Cash From Financing Activities	-16	22	165	-71	-20	169	97	8.46	-49	18	-4.10
Net Cash From Continuing Financing Activities	-16	22	165	-71	-20	169	97	8.46	-49	18	-4.10
Repayment of Debt	-72	-52	-1.52	-31	-37	-8.75	-141	-18	-53	-121	-63
Issuance of Debt	79	27	10	44	13	30	232	25	0.00	0.00	57
Issuance of Common Equity	-	47	16	6.33	5.76	149	9.66	3.77	7.52	145	5.63
Other Financing Activities, net	-	-	140	-0.09	-0.29	-1.83	-3.62	-2.81	-3.67	-5.44	-4.13
Cash Interest Paid	2.63	3.69	3.44	8.27	8.42	8.24	7.12	11	20	12	8.50
Cash Income Taxes Paid	0.50	0.10	1.07	2.28	0.90	0.25	5.64	3.29	3.88	3.33	3.01

This table details how cash moves in and out of Ichor'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
Period end date	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024	3/28/2025	6/27/2025	9/26/2025	12/26/2025
Net Change in Cash & Equivalents	16	-8.68	4.02	22	12	2.10	-7.78	0.61	-17	0.28	5.79
Net Cash From Operating Activities	27	3.99	38	4.80	17	8.07	-2.49	19	-7.51	9.25	9.17
Net Cash From Continuing Operating Activities	27	3.99	38	4.80	17	8.07	-2.49	19	-7.51	9.25	9.17
Net Income / (Loss) Continuing Operations	-21	-10	-12	-8.99	-5.11	-2.78	-3.94	-4.56	-9.41	-23	-16
Consolidated Net Income / (Loss)	-21	-10	-12	-8.99	-5.11	-2.78	-3.94	-4.56	-9.41	-23	-16
Depreciation Expense	8.66	8.89	8.54	7.56	8.12	7.09	7.98	8.06	8.00	7.40	10
Amortization Expense	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.08
Non-Cash Adjustments To Reconcile Net Income	4.28	4.75	4.67	2.38	3.94	4.67	4.59	4.12	5.52	22	7.76
Changes in Operating Assets and Liabilities, net	35	0.65	36	3.75	10	-1.03	-11	11	-12	2.64	7.25
Net Cash From Investing Activities	-4.02	-2.41	-2.26	-4.49	-2.85	-5.90	-4.40	-18	-7.29	-7.15	-3.25
Net Cash From Continuing Investing Activities	-4.02	-2.41	-2.26	-4.49	-2.85	-5.90	-4.40	-18	-7.29	-7.15	-3.25
Purchase of Property, Plant & Equipment	-4.02	-2.41	-2.26	-4.49	-2.85	-5.90	-4.40	-18	-7.29	-7.15	-3.25
Net Cash From Financing Activities	-7.16	-10	-31	22	-2.42	-0.07	-0.89	0.12	-2.26	-1.82	-0.13
Net Cash From Continuing Financing Activities	-7.16	-10	-31	22	-2.42	-0.07	-0.89	0.12	-2.26	-1.82	-0.13
Issuance of Common Equity	1.36	2.17	1.37	140	1.38	0.88	2.20	4.00	0.65	0.62	0.36
Other Financing Activities, net	-1.64	-0.55	-0.79	-3.22	-1.93	-0.95	-1.22	-2.01	-4.78	3.15	-0.49
Cash Interest Paid	5.11	5.28	5.24	4.83	2.70	1.67	2.45	2.25	2.09	2.77	1.39
Cash Income Taxes Paid	3.24	0.51	0.03	0.70	0.75	0.35	1.53	0.56	0.74	0.59	1.13

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

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/30/2016	12/29/2017	12/28/2018	12/27/2019	12/25/2020	12/31/2021	12/30/2022	12/29/2023	12/27/2024	12/26/2025
Total Assets	282	558	485	567	774	1,021	1,084	938	996	943
Total Current Assets	157	278	212	277	496	463	513	401	453	410
Cash & Equivalents	51	69	44	61	253	75	86	80	109	98
Accounts Receivable	26	49	40	85	101	143	136	67	87	71
Inventories, net	71	155	121	127	135	236	284	246	250	232
Prepaid Expenses	7.06	5.36	6.35	4.45	7.08	8.15	7.01	8.80	7.23	9.53
Plant, Property, & Equipment, net	12	34	42	45	42	85	98	93	95	104
Total Noncurrent Assets	113	245	232	245	237	473	472	444	448	429
Goodwill	77	169	173	173	175	336	335	335	335	335
Intangible Assets	32	73	57	52	40	90	72	57	49	40
Noncurrent Deferred & Refundable Income Taxes	0.57	0.99	1.36	4.74	6.32	8.12	11	3.15	4.32	4.34
Other Noncurrent Operating Assets	3.57	1.05	0.91	15	16	39	53	49	60	49
Total Liabilities & Shareholders' Equity	282	558	485	567	774	1,021	1,084	938	996	943
Total Liabilities	141	341	287	345	362	520	496	374	297	279
Total Current Liabilities	101	147	88	164	162	208	166	99	136	130
Short-Term Debt	-	6.49	8.75	8.75	8.75	7.50	7.50	7.50	7.50	6.25
Accounts Payable	89	121	64	132	117	160	110	60	92	84
Accrued Expenses	6.55	12	9.56	13	21	19	24	15	16	17
Other Current Liabilities	5.42	6.72	5.15	11	16	22	25	16	20	22
Total Noncurrent Liabilities	40	194	199	181	200	312	330	275	162	149
Long-Term Debt	38	180	192	169	192	285	293	241	121	117
Noncurrent Deferred & Payable Income Tax Liabilities	0.61	11	3.97	0.21	0.11	0.04	0.03	1.17	1.56	1.96
Other Noncurrent Operating Liabilities	1.17	2.90	3.33	12	8.82	4.21	37	32	39	30
Total Equity & Noncontrolling Interests	142	217	198	221	412	501	587	565	698	664
Total Preferred & Common Equity	142	217	198	221	412	501	587	565	698	664
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	142	217	198	221	412	501	587	565	698	664
Common Stock	196	215	228	242	399	417	431	452	606	624
Retained Earnings	-54	2.06	60	71	104	175	248	205	184	131
Treasury Stock	-	-	-90	-92	-92	-92	-92	-92	-92	-92

This table presents Ichor'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
Period end date	9/30/2022	3/31/2023	6/30/2023	9/29/2023	3/29/2024	6/28/2024	9/27/2024	3/28/2025	6/27/2025	9/26/2025
Total Assets	1,103	1,040	1,003	994	957	948	976	1,007	985	967
Total Current Assets	536	470	452	451	421	419	447	460	439	425
Cash & Equivalents	56	69	85	76	102	114	116	109	92	93
Accounts Receivable	183	123	96	103	73	65	84	80	81	84
Inventories, net	291	272	266	267	241	231	239	263	259	242
Prepaid Expenses	5.16	6.53	5.51	5.14	5.05	7.60	7.11	7.24	6.71	6.36
Plant, Property, & Equipment, net	96	101	99	96	93	89	89	103	109	110
Total Noncurrent Assets	472	469	452	447	443	440	440	443	437	431
Goodwill	335	335	335	335	335	335	335	335	335	335
Intangible Assets	76	68	64	60	55	53	51	47	45	42
Noncurrent Deferred & Refundable Income Taxes	11	12	1.27	1.93	3.01	3.10	3.37	4.07	3.04	2.12
Other Noncurrent Operating Assets	49	53	52	49	50	48	50	57	54	51
Total Liabilities & Shareholders' Equity	1,103	1,040	1,003	994	957	948	976	1,007	985	967
Total Liabilities	533	447	426	422	260	253	279	306	291	290
Total Current Liabilities	205	118	106	116	101	98	123	149	136	138
Short-Term Debt	7.50	7.50	7.50	7.50	7.50	7.50	7.50	7.50	7.50	6.25
Accounts Payable	142	68	64	74	61	59	81	103	91	93
Accrued Expenses	26	21	17	16	15	15	17	17	16	18
Other Current Liabilities	29	21	18	18	17	17	17	22	22	21
Total Noncurrent Liabilities	328	328	320	306	159	155	156	157	154	152
Long-Term Debt	295	291	285	273	124	123	123	119	118	117
Noncurrent Deferred & Payable Income Tax Liabilities	0.04	0.03	0.03	0.03	1.17	1.17	1.17	1.56	1.56	1.56
Other Noncurrent Operating Liabilities	4.71	37	35	33	33	31	32	37	35	34
Total Equity & Noncontrolling Interests	570	593	577	573	697	695	697	700	694	676
Total Preferred & Common Equity	570	593	577	573	697	695	697	700	694	676
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	570	593	577	573	697	695	697	700	694	676
Common Stock	428	437	442	448	593	596	601	613	616	621
Retained Earnings	233	248	227	217	196	191	188	179	170	147
Treasury Stock	-92	-92	-92	-92	-92	-92	-92	-92	-92	-92

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/25/2015	12/30/2016	12/29/2017	12/28/2018	12/27/2019	12/25/2020	12/31/2021	12/30/2022	12/29/2023	12/27/2024	12/26/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	39.60%	61.65%	25.57%	-24.62%	47.26%	19.98%	16.70%	-36.63%	4.68%	11.61%
EBITDA Growth	0.00%	47.43%	72.12%	48.49%	-57.24%	75.55%	61.68%	13.89%	-80.86%	-3.95%	-131.29%
EBIT Growth	0.00%	93.72%	89.00%	38.66%	-76.76%	174.88%	95.54%	7.70%	-113.54%	24.88%	-365.93%
NOPAT Growth	0.00%	34.61%	147.90%	11.80%	-44.96%	13.93%	81.85%	6.51%	-109.19%	29.88%	-414.03%
Net Income Growth	0.00%	196.16%	238.82%	2.53%	-81.46%	210.18%	113.04%	2.69%	-159.04%	51.56%	-153.51%
EPS Growth	0.00%	100.14%	207.14%	6.98%	-79.57%	202.13%	72.54%	2.45%	-158.57%	56.46%	-140.63%
Operating Cash Flow Growth	0.00%	3.90%	39.93%	55.85%	-5.50%	-33.06%	-60.08%	105.95%	83.23%	-51.62%	7.20%
Free Cash Flow Firm Growth	0.00%	0.00%	-42.05%	132.54%	13.82%	-58.18%	-1,441.28%	107.10%	182.01%	-83.75%	-84.03%
Invested Capital Growth	0.00%	0.00%	162.51%	6.21%	-4.64%	5.96%	106.18%	8.30%	-8.52%	-2.07%	-4.05%
Revenue Q/Q Growth	0.00%	0.00%	8.53%	-4.80%	8.37%	6.48%	4.00%	1.15%	-10.80%	3.64%	-1.01%
EBITDA Q/Q Growth	0.00%	0.00%	7.06%	-4.68%	-0.71%	14.85%	3.65%	1.88%	-52.28%	34.58%	-296.22%
EBIT Q/Q Growth	0.00%	0.00%	4.86%	-8.39%	-3.39%	25.20%	2.23%	2.69%	-183.24%	41.86%	-44.55%
NOPAT Q/Q Growth	0.00%	0.00%	25.48%	-18.67%	82.02%	6.44%	2.90%	1.73%	-172.25%	46.75%	-47.15%
Net Income Q/Q Growth	0.00%	0.00%	25.72%	-21.63%	71.34%	15.91%	3.41%	-0.90%	-154.51%	27.65%	-29.48%
EPS Q/Q Growth	0.00%	0.00%	6.44%	-18.44%	42.42%	13.60%	-0.41%	-0.79%	-153.45%	31.18%	-29.41%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	57.54%	-7.31%	-1.65%	26.40%	-76.34%	291.09%	-2.04%	-58.97%	63.96%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	161.13%	15.94%	30.90%	-959.52%	106.26%	-21.49%	-82.39%	110.72%
Invested Capital Q/Q Growth	0.00%	0.00%	52.56%	-6.73%	-4.55%	-5.00%	76.96%	-5.00%	-5.63%	1.00%	-2.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.71%	16.12%	15.36%	16.53%	13.91%	13.66%	16.18%	16.55%	12.75%	12.17%	9.26%
EBITDA Margin	8.06%	8.51%	9.06%	10.71%	6.08%	7.24%	9.76%	9.53%	2.88%	2.64%	-0.74%
Operating Margin	4.34%	5.88%	7.04%	7.77%	2.41%	4.55%	7.39%	6.70%	-1.34%	-0.90%	-4.14%
EBIT Margin	4.35%	6.04%	7.06%	7.80%	2.40%	4.49%	7.31%	6.75%	-1.44%	-1.04%	-4.32%
Profit (Net Income) Margin	1.94%	4.11%	8.61%	7.03%	1.73%	3.64%	6.46%	5.69%	-5.30%	-2.45%	-5.57%
Tax Burden Percent	63.82%	82.77%	131.20%	106.76%	250.97%	103.06%	96.13%	96.65%	138.31%	115.32%	110.96%
Interest Burden Percent	69.71%	82.16%	92.92%	84.45%	28.65%	78.72%	91.96%	87.20%	265.65%	205.44%	116.17%
Effective Tax Rate	-45.27%	-3.22%	-32.27%	-6.76%	-150.97%	-3.06%	3.87%	3.35%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	38.66%	26.44%	19.79%	10.83%	12.27%	14.17%	10.76%	-0.99%	-0.74%	-3.91%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	151.04%	17.51%	12.22%	-8.74%	-17.18%	6.70%	6.29%	-19.46%	-17.15%	-116.08%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-15.14%	5.06%	8.09%	-5.72%	-1.76%	1.37%	2.62%	-6.47%	-2.56%	-3.84%
Return on Equity (ROE)	0.00%	23.52%	31.50%	27.89%	5.11%	10.51%	15.54%	13.38%	-7.46%	-3.30%	-7.75%
Cash Return on Invested Capital (CROIC)	0.00%	-161.34%	-63.22%	13.78%	15.58%	6.48%	-55.19%	2.79%	7.91%	1.36%	0.22%
Operating Return on Assets (OROA)	0.00%	8.67%	11.02%	12.31%	2.84%	6.12%	8.94%	8.21%	-1.16%	-0.91%	-4.22%
Return on Assets (ROA)	0.00%	5.90%	13.44%	11.10%	2.04%	4.96%	7.90%	6.92%	-4.25%	-2.15%	-5.45%
Return on Common Equity (ROCE)	0.00%	23.52%	31.50%	27.89%	5.11%	10.51%	15.54%	13.38%	-7.46%	-3.30%	-7.75%
Return on Equity Simple (ROE_SIMPLE)	0.00%	11.76%	26.04%	29.19%	4.85%	8.08%	14.16%	12.39%	-7.61%	-2.98%	0.00%
Net Operating Profit after Tax (NOPAT)	18	25	61	68	38	43	78	83	-7.63	-5.35	-27
NOPAT Margin	6.30%	6.07%	9.31%	8.29%	6.05%	4.68%	7.10%	6.48%	-0.94%	-0.63%	-2.90%
Net Nonoperating Expense Percent (NNEP)	0.00%	-112.37%	8.93%	7.57%	19.57%	29.45%	7.46%	4.47%	18.47%	16.41%	112.17%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	9.34%	-0.94%	-0.65%	-3.49%
Cost of Revenue to Revenue	83.29%	83.88%	84.64%	83.47%	86.09%	86.34%	83.82%	83.45%	87.25%	87.83%	90.74%
SG&A Expenses to Revenue	8.51%	6.93%	5.76%	5.76%	7.61%	6.19%	6.00%	6.92%	9.78%	9.35%	10.09%
R&D to Revenue	1.66%	1.57%	1.20%	1.14%	1.79%	1.46%	1.43%	1.53%	2.49%	2.71%	2.44%
Operating Expenses to Revenue	12.37%	10.23%	8.32%	8.76%	11.50%	9.12%	8.79%	9.85%	14.09%	13.07%	13.41%
Earnings before Interest and Taxes (EBIT)	13	25	46	64	15	41	80	86	-12	-8.79	-41
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	23	35	59	88	38	66	107	122	23	22	-7.02
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.90	1.84	3.44	1.71	2.61	1.31	1.75	1.52	0.98
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	3.58	17.46	4.29	5.74	3.37	2.26
Price to Revenue (P/Rev)	0.00	0.00	0.96	0.44	1.23	0.77	1.19	0.60	1.22	1.25	0.69
Price to Earnings (P/E)	0.00	0.00	11.15	6.29	70.97	21.20	18.45	10.61	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	0.00%	0.00%	8.97%	15.89%	1.41%	4.72%	5.42%	9.42%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	2.23	1.47	2.59	1.82	2.09	1.23	1.58	1.50	0.98
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.14	0.63	1.42	0.71	1.41	0.77	1.43	1.27	0.71
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	12.57	5.91	23.30	9.86	14.45	8.09	49.56	48.08	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	16.13	8.12	58.90	15.92	19.29	11.42	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	12.23	7.63	23.38	15.25	19.87	11.90	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	19.25	8.62	15.38	17.07	101.32	31.37	20.07	38.67	22.65
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	10.97	16.25	28.86	0.00	45.83	19.05	109.26	429.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.27	0.86	1.01	0.80	0.49	0.63	0.51	0.44	0.18	0.19
Long-Term Debt to Equity	0.00	0.27	0.83	0.97	0.76	0.47	0.61	0.50	0.43	0.17	0.18
Financial Leverage	0.00	-0.10	0.29	0.66	0.65	0.10	0.20	0.42	0.33	0.15	0.03
Leverage Ratio	0.00	1.99	2.34	2.51	2.51	2.12	1.97	1.93	1.76	1.53	1.42
Compound Leverage Factor	0.00	1.64	2.18	2.12	0.72	1.67	1.81	1.69	4.66	3.15	1.65
Debt to Total Capital	0.00%	21.13%	46.28%	50.32%	44.57%	32.73%	38.62%	33.86%	30.57%	15.54%	15.69%
Short-Term Debt to Total Capital	0.00%	0.00%	1.61%	2.19%	2.19%	1.43%	0.92%	0.84%	0.92%	0.91%	0.79%
Long-Term Debt to Total Capital	0.00%	21.13%	44.67%	48.13%	42.38%	31.30%	37.71%	33.01%	29.65%	14.64%	14.89%
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%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	78.87%	53.72%	49.68%	55.43%	67.27%	61.38%	66.14%	69.43%	84.46%	84.31%
Debt to EBITDA	0.00	1.10	3.14	2.28	4.72	3.02	2.94	2.47	10.65	5.73	-17.61
Net Debt to EBITDA	0.00	-0.43	1.98	1.78	3.11	-0.79	2.24	1.76	7.23	0.89	-3.60
Long-Term Debt to EBITDA	0.00	1.10	3.03	2.18	4.49	2.89	2.87	2.40	10.33	5.40	-16.72
Debt to NOPAT	0.00	1.54	3.06	2.94	4.74	4.68	4.05	3.63	-32.61	-24.03	-4.49
Net Debt to NOPAT	0.00	-0.60	1.92	2.30	3.12	-1.23	3.08	2.58	-22.12	-3.71	-0.92
Long-Term Debt to NOPAT	0.00	1.54	2.95	2.81	4.50	4.47	3.95	3.54	-31.62	-22.63	-4.27
Altman Z-Score	0.00	0.00	2.85	3.37	2.92	3.23	3.38	3.08	3.10	3.60	2.81
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.55	1.89	2.41	1.69	3.06	2.22	3.09	4.06	3.34	3.16
Quick Ratio	0.00	0.76	0.80	0.96	0.89	2.18	1.05	1.34	1.48	1.44	1.30
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-103	-146	48	54	23	-303	22	61	9.87	1.58
Operating Cash Flow to CapEx	1,952.45%	688.94%	471.71%	434.45%	463.02%	400.12%	75.10%	106.86%	371.92%	158.09%	82.63%
Free Cash Flow to Firm to Interest Expense	0.00	-23.53	-44.57	4.76	5.08	2.59	-47.03	1.95	3.13	1.06	0.24
Operating Cash Flow to Interest Expense	6.97	6.35	11.84	6.06	5.37	4.38	2.37	2.84	2.97	3.01	4.51
Operating Cash Flow Less CapEx to Interest Expense	6.61	5.42	9.33	4.66	4.21	3.29	-0.78	0.18	2.17	1.11	-0.95
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.44	1.56	1.58	1.18	1.36	1.22	1.22	0.80	0.88	0.98
Accounts Receivable Turnover	0.00	15.37	17.34	18.40	9.92	9.84	8.99	9.17	7.99	11.07	12.06
Inventory Turnover	0.00	4.80	4.93	4.99	4.31	6.03	4.96	4.11	2.67	3.01	3.57
Fixed Asset Turnover	0.00	33.76	28.27	21.64	14.39	21.17	17.27	13.97	8.50	9.05	9.53
Accounts Payable Turnover	0.00	3.84	5.29	7.40	5.46	6.36	6.65	7.92	8.29	9.80	9.79
Days Sales Outstanding (DSO)	0.00	23.75	21.05	19.84	36.78	37.09	40.59	39.82	45.68	32.96	30.26
Days Inventory Outstanding (DIO)	0.00	76.01	74.11	73.17	84.73	60.53	73.62	88.81	136.55	121.39	102.28
Days Payable Outstanding (DPO)	0.00	94.94	69.02	49.30	66.88	57.39	54.86	46.11	44.01	37.25	37.30
Cash Conversion Cycle (CCC)	0.00	4.82	26.14	43.72	54.63	40.23	59.35	82.52	138.23	117.09	95.24
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	127	335	355	339	359	740	802	733	718	689
Invested Capital Turnover	0.00	6.37	2.84	2.39	1.79	2.62	2.00	1.66	1.06	1.17	1.35
Increase / (Decrease) in Invested Capital	0.00	127	207	21	-17	20	381	61	-68	-15	-29
Enterprise Value (EV)	0.00	0.00	747	521	879	653	1,547	987	1,157	1,078	677
Market Capitalization	0.00	0.00	629	364	761	706	1,308	772	988	1,058	652
Book Value per Share	$0.00	$47.12	$8.47	$8.68	$9.84	$17.77	$17.62	$20.40	$19.22	$20.70	$19.31
Tangible Book Value per Share	$0.00	$10.78	($1.02)	($1.38)	($0.16)	$8.50	$2.64	$6.25	$5.85	$9.31	$8.38
Total Capital	0.00	180	403	399	399	612	816	888	813	827	787
Total Debt	0.00	38	187	201	178	200	315	301	249	129	124
Total Long-Term Debt	0.00	38	180	192	169	192	308	293	241	121	117
Net Debt	0.00	-15	117	157	117	-53	240	214	169	20	25
Capital Expenditures (CapEx)	1.37	4.03	8.23	14	12	9.56	20	29	15	18	36
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	3.37	68	89	61	90	186	268	230	216	189
Debt-free Net Working Capital (DFNWC)	0.00	56	138	133	122	342	262	355	310	324	287
Net Working Capital (NWC)	0.00	56	131	124	113	334	254	347	302	317	281
Net Nonoperating Expense (NNE)	13	7.98	4.63	10	27	9.54	6.98	10	35	15	25
Net Nonoperating Obligations (NNO)	0.00	-14	118	157	117	-53	240	214	169	20	25
Total Depreciation and Amortization (D&A)	11	10	13	24	23	25	27	36	35	31	34
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.83%	10.43%	10.77%	9.86%	9.79%	17.00%	20.95%	28.35%	25.41%	19.89%
Debt-free Net Working Capital to Revenue	0.00%	13.81%	21.00%	16.10%	19.62%	37.46%	23.88%	27.71%	38.21%	38.21%	30.26%
Net Working Capital to Revenue	0.00%	13.81%	20.01%	15.03%	18.21%	36.50%	23.20%	27.12%	37.28%	37.33%	29.60%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($517.68)	$0.92	$2.25	$2.34	$0.48	$1.44	$2.51	$2.54	($1.47)	($0.64)	($1.54)
Adjusted Weighted Average Basic Shares Outstanding	31.88K	1.50M	25.12M	49.41M	22.42M	23.17M	28.26M	28.71M	29.20M	32.76M	34.23M
Adjusted Diluted Earnings per Share	($517.68)	$0.70	$2.15	$2.30	$0.47	$1.42	$2.45	$2.51	($1.47)	($0.64)	($1.54)
Adjusted Weighted Average Diluted Shares Outstanding	31.88K	1.97M	26.22M	49.83M	22.77M	23.46M	28.98M	28.96M	29.20M	32.76M	34.23M
Adjusted Basic & Diluted Earnings per Share	($517.68)	$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	0.00	0.00	26.25M	22.37M	22.81M	28.06M	28.59M	29.01M	29.54M	34.00M	34.64M
Normalized Net Operating Profit after Tax (NOPAT)	8.82	17	32	45	10	29	78	83	-7.63	-5.35	-27
Normalized NOPAT Margin	3.03%	4.12%	4.93%	5.44%	1.69%	3.18%	7.10%	6.48%	-0.94%	-0.63%	-2.90%
Pre Tax Income Margin	3.03%	4.96%	6.56%	6.58%	0.69%	3.53%	6.72%	5.88%	-3.83%	-2.13%	-5.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.30	5.61	14.13	6.43	1.40	4.70	12.43	7.81	-0.60	-0.95	-6.19
NOPAT to Interest Expense	4.78	5.64	18.64	6.84	3.53	4.91	12.07	7.50	-0.39	-0.58	-4.15
EBIT Less CapEx to Interest Expense	2.94	4.69	11.62	5.04	0.24	3.60	9.28	5.15	-1.40	-2.85	-11.65
NOPAT Less CapEx to Interest Expense	4.42	4.72	16.13	5.44	2.37	3.81	8.92	4.84	-1.19	-2.48	-9.62
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	393.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	393.30%	0.00%	0.00%	155.45%	14.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Ichor'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
Period end date	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024	3/28/2025	6/27/2025	9/26/2025	12/26/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-43.86%	-44.67%	-32.56%	-10.84%	9.85%	7.31%	14.65%	21.39%	18.23%	13.34%	-4.15%
EBITDA Growth	-83.30%	-89.92%	-96.94%	-70.73%	2.77%	50.07%	713.88%	87.46%	-48.00%	-308.47%	-161.24%
EBIT Growth	-111.86%	-114.82%	-143.85%	-199.25%	23.09%	79.97%	80.59%	68.52%	-117.69%	-2,010.80%	-828.02%
NOPAT Growth	-108.87%	-110.55%	-129.83%	-178.04%	22.16%	92.02%	84.27%	68.67%	-113.97%	-4,945.45%	-1,005.03%
Net Income Growth	-195.91%	-135.91%	-183.81%	-179,680.00%	75.25%	73.37%	66.86%	49.28%	-84.04%	-723.23%	-304.79%
EPS Growth	-195.95%	-136.00%	-181.63%	0.00%	78.87%	77.78%	72.50%	56.67%	-86.67%	-737.50%	-318.18%
Operating Cash Flow Growth	187.15%	-79.63%	-3.09%	144.18%	-35.08%	102.41%	-106.62%	295.03%	-142.92%	14.56%	468.57%
Free Cash Flow Firm Growth	108.67%	116.11%	246.87%	280.92%	98.26%	3.80%	-77.16%	-91.09%	-127.02%	-114.61%	35.17%
Invested Capital Growth	-4.69%	-7.91%	-8.52%	-11.72%	-9.45%	-8.50%	-2.07%	-1.26%	2.28%	-0.56%	-4.05%
Revenue Q/Q Growth	-18.09%	6.35%	3.42%	-1.03%	0.92%	3.89%	10.49%	4.79%	-1.71%	-0.41%	-6.56%
EBITDA Q/Q Growth	-54.28%	-27.97%	-80.57%	357.50%	60.54%	5.18%	5.36%	5.37%	-55.47%	-521.67%	69.05%
EBIT Q/Q Growth	-174.96%	-61.44%	-61.76%	49.30%	41.91%	57.96%	-56.79%	17.78%	-301.68%	-307.65%	31.07%
NOPAT Q/Q Growth	-160.62%	-66.00%	-64.99%	53.00%	39.53%	82.98%	-225.19%	6.39%	-312.97%	-301.34%	28.78%
Net Income Q/Q Growth	-413,020.00%	49.53%	-14.14%	24.46%	43.13%	45.70%	-42.04%	-15.62%	-106.36%	-142.91%	30.16%
EPS Q/Q Growth	0.00%	49.30%	-11.11%	25.00%	50.00%	46.67%	-37.50%	-18.18%	-115.38%	-139.29%	31.34%
Operating Cash Flow Q/Q Growth	347.80%	-85.20%	842.18%	-87.21%	264.11%	-53.85%	-130.82%	862.74%	-139.56%	223.16%	-0.83%
Free Cash Flow Firm Q/Q Growth	170.55%	73.08%	-0.99%	49.66%	-22.69%	-9.38%	-78.21%	-41.64%	-334.52%	51.00%	301.57%
Invested Capital Q/Q Growth	-4.70%	-0.98%	-5.63%	-0.87%	-2.25%	0.06%	1.00%	-0.05%	1.27%	-2.72%	-2.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	13.91%	12.23%	10.00%	11.42%	12.58%	13.16%	11.57%	11.67%	11.32%	4.63%	9.38%
EBITDA Margin	3.12%	2.11%	0.40%	1.83%	2.92%	2.95%	2.82%	2.83%	1.28%	-5.43%	-1.80%
Operating Margin	-1.57%	-2.45%	-3.91%	-1.86%	-1.11%	-0.18%	-0.54%	-0.48%	-2.01%	-8.12%	-6.19%
EBIT Margin	-1.62%	-2.47%	-3.86%	-1.98%	-1.14%	-0.46%	-0.65%	-0.51%	-2.09%	-8.57%	-6.33%
Profit (Net Income) Margin	-11.16%	-5.30%	-5.85%	-4.46%	-2.52%	-1.31%	-1.69%	-1.86%	-3.92%	-9.55%	-7.14%
Tax Burden Percent	257.04%	104.36%	95.09%	111.31%	122.59%	106.36%	123.30%	157.26%	141.09%	103.08%	100.83%
Interest Burden Percent	267.33%	205.83%	159.40%	202.91%	180.36%	268.52%	209.84%	231.36%	132.49%	108.06%	111.92%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-1.46%	-1.93%	-2.89%	-1.32%	-0.84%	-0.14%	-0.44%	-0.41%	-1.82%	-7.67%	-5.83%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.00%	-4.87%	-6.20%	-6.22%	-4.00%	-2.44%	-3.69%	-16.23%	-26.60%	-49.00%	-33.67%
Return on Net Nonoperating Assets (RNNOA)	-3.99%	-2.04%	-2.06%	-1.25%	-0.70%	-0.42%	-0.55%	-0.55%	-0.93%	-1.60%	-1.11%
Return on Equity (ROE)	-5.45%	-3.97%	-4.95%	-2.57%	-1.54%	-0.56%	-0.99%	-0.96%	-2.75%	-9.27%	-6.95%
Cash Return on Invested Capital (CROIC)	9.06%	9.54%	7.91%	10.70%	8.16%	7.53%	1.36%	0.78%	-3.00%	-2.07%	0.22%
Operating Return on Assets (OROA)	-1.68%	-2.14%	-3.09%	-1.56%	-0.94%	-0.38%	-0.57%	-0.47%	-2.01%	-8.45%	-6.18%
Return on Assets (ROA)	-11.53%	-4.59%	-4.69%	-3.52%	-2.08%	-1.09%	-1.48%	-1.69%	-3.76%	-9.41%	-6.98%
Return on Common Equity (ROCE)	-5.45%	-3.97%	-4.95%	-2.57%	-1.54%	-0.56%	-0.99%	-0.96%	-2.75%	-9.27%	-6.95%
Return on Equity Simple (ROE_SIMPLE)	3.91%	-2.95%	0.00%	-7.45%	-5.24%	-4.13%	0.00%	-2.34%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.03	-3.38	-5.57	-2.62	-1.58	-0.27	-0.88	-0.82	-3.39	-14	-9.68
NOPAT Margin	-1.10%	-1.72%	-2.74%	-1.30%	-0.78%	-0.13%	-0.38%	-0.34%	-1.41%	-5.68%	-4.33%
Net Nonoperating Expense Percent (NNEP)	7.54%	2.95%	3.30%	4.90%	3.16%	2.30%	3.25%	15.81%	24.78%	41.33%	27.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-0.69%	-	-	-	-0.11%	-0.10%	-0.41%	-1.70%	-1.23%
Cost of Revenue to Revenue	86.09%	87.77%	90.00%	88.58%	87.42%	86.84%	88.43%	88.33%	88.68%	95.37%	90.62%
SG&A Expenses to Revenue	10.54%	10.20%	9.63%	9.54%	9.75%	9.58%	8.63%	8.89%	10.09%	9.41%	12.14%
R&D to Revenue	2.80%	2.64%	2.72%	2.67%	2.92%	2.78%	2.51%	2.40%	2.38%	2.46%	2.51%
Operating Expenses to Revenue	15.48%	14.68%	13.91%	13.28%	13.69%	13.34%	12.11%	12.15%	13.34%	12.74%	15.57%
Earnings before Interest and Taxes (EBIT)	-3.01	-4.85	-7.85	-3.98	-2.31	-0.97	-1.52	-1.25	-5.03	-21	-14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.77	4.15	0.81	3.69	5.93	6.23	6.57	6.92	3.08	-13	-4.02
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.89	1.58	1.75	1.63	1.86	1.54	1.52	1.13	0.96	0.88	0.98
Price to Tangible Book Value (P/TBV)	6.13	5.12	5.74	3.70	4.21	3.45	3.37	2.48	2.12	1.99	2.26
Price to Revenue (P/Rev)	1.02	1.00	1.22	1.44	1.60	1.31	1.25	0.88	0.72	0.62	0.69
Price to Earnings (P/E)	48.28	0.00	0.00	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	2.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.65	1.43	1.58	1.60	1.84	1.53	1.50	1.12	0.96	0.88	0.98
Enterprise Value to Revenue (EV/Rev)	1.21	1.22	1.43	1.48	1.62	1.33	1.27	0.90	0.75	0.65	0.71
Enterprise Value to EBITDA (EV/EBITDA)	15.09	22.70	49.56	80.75	89.59	65.25	48.08	31.42	30.63	174.58	0.00
Enterprise Value to EBIT (EV/EBIT)	25.11	78.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	37.95	105.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.43	18.87	20.07	15.88	20.46	16.00	38.67	19.17	40.96	34.24	22.65
Enterprise Value to Free Cash Flow (EV/FCFF)	17.81	14.36	19.05	14.04	21.40	19.40	109.26	142.95	0.00	0.00	429.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.49	0.44	0.19	0.19	0.19	0.18	0.18	0.18	0.18	0.19
Long-Term Debt to Equity	0.49	0.48	0.43	0.18	0.18	0.18	0.17	0.17	0.17	0.17	0.18
Financial Leverage	0.44	0.42	0.33	0.20	0.18	0.17	0.15	0.03	0.04	0.03	0.03
Leverage Ratio	1.86	1.84	1.76	1.55	1.53	1.55	1.53	1.41	1.39	1.41	1.42
Compound Leverage Factor	4.96	3.78	2.80	3.14	2.77	4.17	3.21	3.25	1.84	1.53	1.59
Debt to Total Capital	33.61%	32.87%	30.57%	15.91%	15.78%	15.74%	15.54%	15.33%	15.26%	15.44%	15.69%
Short-Term Debt to Total Capital	0.86%	0.88%	0.92%	0.90%	0.91%	0.91%	0.91%	0.91%	0.92%	0.78%	0.79%
Long-Term Debt to Total Capital	32.74%	31.99%	29.65%	15.01%	14.87%	14.84%	14.64%	14.42%	14.34%	14.66%	14.89%
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%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.39%	67.13%	69.43%	84.09%	84.22%	84.26%	84.46%	84.67%	84.74%	84.56%	84.31%
Debt to EBITDA	3.40	5.73	10.65	9.15	8.93	7.82	5.73	4.94	5.48	34.53	-17.61
Net Debt to EBITDA	2.41	4.18	7.23	2.07	1.08	0.83	0.89	0.68	1.44	8.66	-3.60
Long-Term Debt to EBITDA	3.31	5.58	10.33	8.63	8.41	7.37	5.40	4.65	5.15	32.78	-16.72
Debt to NOPAT	8.55	26.57	-32.61	-9.70	-9.90	-12.97	-24.03	-35.71	-23.35	-6.61	-4.49
Net Debt to NOPAT	6.07	19.38	-22.12	-2.19	-1.20	-1.38	-3.71	-4.93	-6.12	-1.66	-0.92
Long-Term Debt to NOPAT	8.33	25.86	-31.62	-9.15	-9.33	-12.23	-22.63	-33.60	-21.95	-6.27	-4.27
Altman Z-Score	3.32	2.90	3.11	4.11	4.59	3.82	3.62	3.05	2.91	2.72	2.91
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.25	3.90	4.06	4.16	4.27	3.64	3.34	3.09	3.22	3.08	3.16
Quick Ratio	1.70	1.55	1.48	1.73	1.83	1.63	1.44	1.27	1.27	1.28	1.30
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	37	63	63	94	73	66	14	8.37	-20	-9.62	19
Operating Cash Flow to CapEx	671.06%	165.82%	1,664.78%	106.99%	614.40%	136.79%	-56.57%	102.68%	-102.98%	129.36%	282.24%
Free Cash Flow to Firm to Interest Expense	7.28	12.34	13.46	22.93	39.09	40.18	8.57	5.08	-12.00	-5.82	11.50
Operating Cash Flow to Interest Expense	5.36	0.78	8.06	1.17	9.41	4.93	-1.49	11.53	-4.59	5.59	5.44
Operating Cash Flow Less CapEx to Interest Expense	4.56	0.31	7.57	0.08	7.88	1.33	-4.11	0.30	-9.05	1.27	3.51
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.03	0.87	0.80	0.79	0.83	0.83	0.88	0.91	0.96	0.99	0.98
Accounts Receivable Turnover	8.41	6.34	7.99	8.02	10.00	8.74	11.07	11.64	12.73	11.36	12.06
Inventory Turnover	3.22	2.79	2.67	2.71	2.86	2.85	3.01	3.11	3.34	3.59	3.57
Fixed Asset Turnover	11.21	9.48	8.50	8.10	8.56	8.83	9.05	9.10	9.38	9.59	9.53
Accounts Payable Turnover	8.48	7.20	8.29	10.72	11.59	9.32	9.80	9.56	10.95	9.95	9.79
Days Sales Outstanding (DSO)	43.42	57.53	45.68	45.49	36.50	41.77	32.96	31.35	28.68	32.13	30.26
Days Inventory Outstanding (DIO)	113.25	130.89	136.55	134.80	127.58	127.87	121.39	117.46	109.42	101.66	102.28
Days Payable Outstanding (DPO)	43.04	50.69	44.01	34.04	31.49	39.14	37.25	38.18	33.34	36.68	37.30
Cash Conversion Cycle (CCC)	113.63	137.73	138.23	146.24	132.59	130.50	117.09	110.63	104.77	97.11	95.24
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	785	777	733	727	711	711	718	718	727	707	689
Invested Capital Turnover	1.33	1.12	1.06	1.01	1.08	1.10	1.17	1.23	1.29	1.35	1.35
Increase / (Decrease) in Invested Capital	-39	-67	-68	-97	-74	-66	-15	-9.19	16	-3.98	-29
Enterprise Value (EV)	1,297	1,110	1,157	1,164	1,306	1,087	1,078	806	698	624	677
Market Capitalization	1,090	906	988	1,135	1,290	1,073	1,058	789	666	593	652
Book Value per Share	$19.87	$19.58	$19.22	$23.23	$20.76	$20.70	$20.70	$20.60	$20.34	$19.70	$19.31
Tangible Book Value per Share	$6.12	$6.04	$5.85	$10.22	$9.15	$9.23	$9.31	$9.36	$9.21	$8.69	$8.38
Total Capital	870	853	813	829	825	828	827	827	819	800	787
Total Debt	292	280	249	132	130	130	129	127	125	123	124
Total Long-Term Debt	285	273	241	124	123	123	121	119	118	117	117
Net Debt	208	205	169	30	16	14	20	17	33	31	25
Capital Expenditures (CapEx)	4.02	2.41	2.26	4.49	2.85	5.90	4.40	18	7.29	7.15	3.25
Debt-free, Cash-free Net Working Capital (DFCFNWC)	269	267	230	225	214	215	216	209	218	201	189
Debt-free Net Working Capital (DFNWC)	353	343	310	327	328	332	324	318	310	293	287
Net Working Capital (NWC)	346	336	302	320	321	324	317	311	303	287	281
Net Nonoperating Expense (NNE)	19	7.05	6.33	6.37	3.53	2.51	3.07	3.74	6.02	9.26	6.28
Net Nonoperating Obligations (NNO)	208	205	169	30	16	14	20	17	33	31	25
Total Depreciation and Amortization (D&A)	8.77	9.01	8.66	7.67	8.24	7.21	8.09	8.17	8.12	7.52	10
Debt-free, Cash-free Net Working Capital to Revenue	25.14%	29.39%	28.35%	28.65%	26.55%	26.27%	25.41%	23.44%	23.46%	20.96%	19.89%
Debt-free Net Working Capital to Revenue	33.06%	37.74%	38.21%	41.63%	40.76%	40.48%	38.21%	35.69%	33.38%	30.63%	30.26%
Net Working Capital to Revenue	32.36%	36.91%	37.28%	40.68%	39.82%	39.56%	37.33%	34.85%	32.58%	29.97%	29.60%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.71)	($0.36)	($0.40)	($0.30)	($0.15)	($0.08)	($0.11)	($0.13)	($0.28)	($0.67)	($0.46)
Adjusted Weighted Average Basic Shares Outstanding	29.12M	29.30M	29.20M	30.01M	33.55M	33.70M	32.76M	34.00M	34.18M	34.35M	34.23M
Adjusted Diluted Earnings per Share	($0.71)	($0.36)	($0.40)	($0.30)	($0.15)	($0.08)	($0.11)	($0.13)	($0.28)	($0.67)	($0.46)
Adjusted Weighted Average Diluted Shares Outstanding	29.12M	29.30M	29.20M	30.01M	33.55M	33.70M	32.76M	34.00M	34.18M	34.35M	34.23M
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	29.25M	29.38M	29.54M	33.48M	33.69M	33.73M	34.00M	34.12M	34.33M	34.38M	34.64M
Normalized Net Operating Profit after Tax (NOPAT)	-2.03	-3.38	-5.57	-2.62	-1.58	-0.27	-0.88	-0.82	-3.39	-14	-9.68
Normalized NOPAT Margin	-1.10%	-1.72%	-2.74%	-1.30%	-0.78%	-0.13%	-0.38%	-0.34%	-1.41%	-5.68%	-4.33%
Pre Tax Income Margin	-4.34%	-5.08%	-6.15%	-4.01%	-2.05%	-1.24%	-1.37%	-1.19%	-2.78%	-9.26%	-7.08%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.60	-0.94	-1.68	-0.97	-1.24	-0.59	-0.91	-0.76	-3.08	-12.41	-8.39
NOPAT to Interest Expense	-0.40	-0.66	-1.19	-0.64	-0.85	-0.16	-0.52	-0.50	-2.07	-8.23	-5.74
EBIT Less CapEx to Interest Expense	-1.40	-1.41	-2.17	-2.07	-2.78	-4.20	-3.54	-11.99	-7.54	-16.74	-10.32
NOPAT Less CapEx to Interest Expense	-1.20	-1.13	-1.68	-1.74	-2.38	-3.77	-3.15	-11.73	-6.53	-12.55	-7.67
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%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for ICHOR HOLDINGS, LTD. (NASDAQ: ICHR) based on quarterly data from the last four years. This focuses on revenue, profitability, cash flow, and balance sheet liquidity to help a retail investor gauge the company’s trajectory.

Net cash from continuing operating activities was positive in 2025 Q1 (~$18.98M), Q3 (~$9.25M), and Q4 (~$9.17M). Only 2025 Q2 showed a negative CFO (about -$7.51M), indicating improving cash generation outside of Q2.
Total revenue in 2025 quarters shows a higher baseline than much of 2024, with Q1 2025 at about $244.5M and Q2–Q3 near $240M, suggesting a rebound from the prior year’s levels.
Gross profit margins fluctuated but included solid quarter(s) in 2025, e.g., Q1 2025 gross profit of about $28.5M on $244.5M revenue (roughly 11.6% gross margin), illustrating some improvement from deeper losses in other periods.
The balance sheet shows a robust equity base in 2025 (total equity around $690–$700M) with manageable liabilities (total liabilities around $290M), providing a solid cushion against creditors.
Liquidity remains strong, with cash and cash equivalents generally in the $92–$110M range in 2025, supporting ongoing operations and potential financing needs.
Working capital appears healthy in 2025, as total current assets (~$424–$439M in the recent quarters) exceed total current liabilities (~$138–$149M), indicating positive near-term liquidity.
Investing cash outflows (CAPEX) are ongoing but moderate relative to operating cash flow (e.g., PPE purchases around $3.25M in Q4 2025 and $7.15M–$7.29M in prior quarters), suggesting continued capacity investment without an immediate liquidity crunch.
Quarterly revenue and margin levels show volatility, implying mix/price dynamics and potential cyclicality rather than a clean, steady improvement trend.
Net income remained negative across 2025 quarters, with Q3 2025 net income about -$22.9M and Q4 2025 about -$16.0M, underscoring ongoing profitability challenges.
Q2 2025 featured negative cash flow from operations and negative free cash flow due to a combination of losses and investing outlays, signaling liquidity stress if such quarters recur consistently.

05/05/26 07:13 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Ichor's Financials

When does Ichor's fiscal year end?

According to the most recent income statement we have on file, Ichor's financial year ends in December. Their financial year 2025 ended on December 26, 2025.

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

Ichor's net income appears to be on a downward trend, with a most recent value of -$52.78 million in 2025, falling from $5.63 million in 2015. The previous period was -$20.82 million in 2024. See Ichor's forecast for analyst expectations on whatâ€™s next for the company.

What is Ichor's operating income?

Ichor's total operating income in 2025 was -$39.27 million, based on the following breakdown:

Total Gross Profit: $87.78 million
Total Operating Expenses: $127.05 million

How has Ichor's revenue changed over the last 10 years?

Over the last 10 years, Ichor's total revenue changed from $290.64 million in 2015 to $947.65 million in 2025, a change of 226.1%.

How much debt does Ichor have?

Ichor's total liabilities were at $278.99 million at the end of 2025, a 6.1% decrease from 2024, and a 98.1% increase since 2016.

How much cash does Ichor have?

In the past 9 years, Ichor's cash and equivalents has ranged from $43.83 million in 2018 to $252.90 million in 2020, and is currently $98.29 million as of their latest financial filing in 2025.

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

Over the last 10 years, Ichor's book value per share changed from 0.00 in 2015 to 19.31 in 2025, a change of 1,930.8%.

Related Companies

Financial statements for NASDAQ:ICHR last updated on 2/24/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Ichor (ICHR) Financials

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Ichor (ICHR) Financials

Annual Income Statements for Ichor

Quarterly Income Statements for Ichor

Annual Cash Flow Statements for Ichor

Quarterly Cash Flow Statements for Ichor

Annual Balance Sheets for Ichor

Quarterly Balance Sheets for Ichor

Annual Metrics And Ratios for Ichor

Quarterly Metrics And Ratios for Ichor

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Ichor's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools