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NVE (NVEC) Financials

NVE logo
$90.78 -1.84 (-1.99%)
Closing price 07/10/2026 04:00 PM Eastern
Extended Trading
$91.34 +0.56 (+0.62%)
As of 07/10/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for NVE

Annual Income Statements for NVE

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

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 12 13 14 15 15 12 15 23 17 15 15
Consolidated Net Income / (Loss)		 12 13 14 15 15 12 15 23 17 15 15
Net Income / (Loss) Continuing Operations		 12 13 14 15 15 12 15 23 17 15 15
Total Pre-Tax Income 		18 19 20 18 17 14 17 27 20 18 18
Total Operating Income		 16 17 18 16 16 13 16 26 19 16 16
Total Gross Profit		 21 22 24 21 21 17 21 30 23 22 21
Total Revenue		 28 28 30 26 25 21 27 38 30 26 26
Operating Revenue		 28 28 30 26 25 21 27 38 30 26 26
Total Cost of Revenue		 6.62 6.08 6.27 5.22 4.89 4.12 6.26 8.06 6.77 4.24 5.60
Operating Cost of Revenue		 6.62 6.08 6.27 5.22 4.89 4.12 6.26 8.06 6.77 4.24 5.60
Total Operating Expenses		 4.81 4.80 5.14 5.33 5.01 4.50 4.40 4.55 4.51 5.64 4.81
Selling, General & Admin Expense		 1.75 1.46 1.44 1.22 1.32 1.32 1.47 1.96 1.77 2.01 1.65
Research & Development Expense		 3.06 3.34 3.70 4.11 3.69 3.18 2.93 2.58 2.73 3.64 3.16
Total Other Income / (Expense), net		 1.89 1.65 1.56 1.79 1.79 1.50 1.17 1.45 1.95 2.04 1.90
Interest & Investment Income		 1.89 1.65 1.56 1.79 1.79 1.50 1.17 1.45 1.95 1.91 1.89
Other Income / (Expense), net		 - - - - - - - - 0.00 0.14 0.00
Income Tax Expense		 5.88 6.15 6.10 3.20 2.78 2.55 2.99 4.40 3.34 2.97 2.62
Basic Earnings per Share		 $2.53 $2.68 $2.87 $3.00 $3.00 $2.42 $3.00 $4.70 $3.54 $3.12 $3.14
Weighted Average Basic Shares Outstanding		 4.85M 4.84M 4.84M 4.84M 4.85M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M
Diluted Earnings per Share		 $2.53 $2.68 $2.87 $2.99 $3.00 $2.42 $3.00 $4.70 $3.54 $3.11 $3.14
Weighted Average Diluted Shares Outstanding		 4.85M 4.84M 4.85M 4.85M 4.85M 4.83M 4.84M 4.83M 4.84M 4.84M 4.84M
Weighted Average Basic & Diluted Shares Outstanding		 4.90M 4.84M 4.84M 4.85M 4.84M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M
Cash Dividends to Common per Share		 $4.00 $4.00 $4.00 $4.00 $4.00 $4.00 $4.00 $4.00 $4.00 $4.00 $4.00

Quarterly Income Statements for NVE

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

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 4.72 4.18 3.81 4.10 4.03 3.05 3.89 3.58 3.31 3.38 4.93
Consolidated Net Income / (Loss)		 4.72 4.18 3.81 4.10 4.03 3.05 3.89 3.58 3.31 3.38 4.93
Net Income / (Loss) Continuing Operations		 4.72 4.18 3.81 4.10 4.03 3.05 3.89 3.58 3.31 3.38 4.93
Total Pre-Tax Income 		5.13 4.96 4.57 4.88 4.86 3.57 4.73 4.28 4.15 4.21 5.18
Total Operating Income		 4.62 4.47 4.06 4.39 4.40 2.96 4.25 3.78 3.66 3.74 4.73
Total Gross Profit		 5.53 5.40 5.35 5.81 5.81 4.27 5.75 4.92 4.97 4.89 5.95
Total Revenue		 7.13 6.76 7.08 6.78 6.76 5.06 7.27 6.10 6.35 6.22 7.65
Operating Revenue		 7.13 6.76 7.08 6.78 6.76 5.06 7.27 6.10 6.35 6.22 7.65
Total Cost of Revenue		 1.60 1.36 1.75 0.98 0.95 0.80 1.52 1.18 1.38 1.33 1.71
Operating Cost of Revenue		 1.60 1.36 1.74 0.98 0.95 0.80 1.52 1.18 1.38 1.33 1.71
Total Operating Expenses		 0.91 0.93 1.28 1.42 1.42 1.30 1.51 1.14 1.31 1.15 1.21
Selling, General & Admin Expense		 0.43 0.39 0.47 0.54 0.57 0.43 0.47 0.42 0.44 0.35 0.44
Research & Development Expense		 0.68 0.54 0.81 0.88 0.85 0.87 1.04 0.72 0.87 0.80 0.77
Total Other Income / (Expense), net		 0.51 0.49 0.51 0.49 0.46 0.61 0.48 0.50 0.49 0.46 0.45
Interest & Investment Income		 0.51 0.49 0.51 0.49 0.46 0.47 0.48 0.50 0.48 0.46 0.45
Income Tax Expense		 0.41 0.78 0.76 0.79 0.83 0.52 0.83 0.71 0.83 0.82 0.25
Basic Earnings per Share		 $0.98 $0.87 $0.78 $0.85 $0.83 $0.63 $0.81 $0.74 $0.68 $0.70 $1.02
Weighted Average Basic Shares Outstanding		 4.83M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M
Diluted Earnings per Share		 $0.98 $0.87 $0.78 $0.85 $0.83 $0.63 $0.80 $0.74 $0.68 $0.70 $1.02
Weighted Average Diluted Shares Outstanding		 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M
Weighted Average Basic & Diluted Shares Outstanding		 4.83M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M
Cash Dividends to Common per Share		 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00

Annual Cash Flow Statements for NVE

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

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -1.90 0.66 -3.44 2.12 1.19 2.36 0.02 -8.78 8.61 -2.25 -6.32
Net Cash From Operating Activities		 14 12 15 14 16 13 13 19 18 14 17
Net Cash From Continuing Operating Activities		 14 12 15 14 16 13 13 19 18 14 17
Net Income / (Loss) Continuing Operations		 12 13 14 15 15 12 15 23 17 15 15
Consolidated Net Income / (Loss)		 12 13 14 15 15 12 15 23 17 15 15
Depreciation Expense		 0.85 1.15 0.98 0.71 0.55 0.54 0.42 0.20 0.31 0.32 0.46
Amortization Expense		 - - - - - - - 0.06 -0.11 -0.31 -0.32
Non-Cash Adjustments To Reconcile Net Income		 -0.33 -0.01 0.04 0.09 0.05 0.05 0.08 0.06 0.12 0.09 0.20
Changes in Operating Assets and Liabilities, net		 1.50 -1.71 0.22 -1.09 0.77 1.08 -2.51 -3.92 0.80 -0.86 1.12
Net Cash From Investing Activities		 4.87 7.35 0.72 7.06 5.25 8.42 7.02 -8.53 9.58 2.67 -3.63
Net Cash From Continuing Investing Activities		 4.87 7.35 0.72 7.06 5.25 8.42 7.02 -8.53 9.58 2.67 -3.63
Purchase of Property, Plant & Equipment		 -0.29 -0.52 -0.60 -0.07 -0.05 -0.06 -0.48 -0.94 -0.02 -1.26 -2.19
Purchase of Investments		 -15 -12 -18 -14 -7.20 -11 0.00 -28 -6.10 -11 -15
Sale and/or Maturity of Investments		 20 19 20 21 13 19 7.50 21 16 15 14
Net Cash From Financing Activities		 -21 -19 -19 -19 -20 -19 -19 -19 -19 -19 -19
Net Cash From Continuing Financing Activities		 -21 -19 -19 -19 -20 -19 -19 -19 -19 -19 -19
Repayment of Debt		 - - - - - - - - - - 0.00
Payment of Dividends		 -19 -19 -19 -19 -19 -19 -19 -19 -19 -19 -19
Cash Income Taxes Paid		 5.81 6.04 5.97 3.43 2.59 2.44 2.52 4.50 4.54 3.31 1.93

Quarterly Cash Flow Statements for NVE

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

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 5.51 -2.27 5.60 -4.28 -2.91 2.39 2.55 -4.81 1.88 -1.70 -1.69
Net Cash From Operating Activities		 5.36 4.73 3.13 5.85 2.13 3.84 2.48 5.19 2.79 4.19 4.49
Net Cash From Continuing Operating Activities		 5.36 4.73 3.13 5.85 2.13 3.84 2.48 5.19 2.79 4.19 4.49
Net Income / (Loss) Continuing Operations		 4.72 4.18 3.81 4.10 4.03 3.05 3.89 3.58 3.31 3.38 4.93
Consolidated Net Income / (Loss)		 4.72 4.18 3.81 4.10 4.03 3.05 3.89 3.58 3.31 3.38 4.93
Depreciation Expense		 0.08 0.08 0.15 0.08 0.08 0.08 0.08 0.09 0.09 0.09 0.19
Amortization Expense		 -0.02 -0.04 - -0.05 -0.07 -0.09 -0.10 -0.10 -0.08 -0.08 -0.06
Non-Cash Adjustments To Reconcile Net Income		 -0.11 0.01 0.01 0.01 0.09 -0.03 0.02 0.01 0.17 0.01 0.01
Changes in Operating Assets and Liabilities, net		 0.69 0.50 -0.74 1.72 -1.99 0.83 -1.41 1.62 -0.70 0.78 -0.58
Net Cash From Investing Activities		 4.99 -2.17 7.30 -5.30 -0.21 3.27 4.91 -5.17 3.93 -1.05 -1.34
Net Cash From Continuing Investing Activities		 4.99 -2.17 7.30 -5.30 -0.21 3.27 4.91 -5.17 3.93 -1.05 -1.34
Purchase of Property, Plant & Equipment		 -0.01 - - -0.92 -0.21 -0.04 10 -1.06 -0.07 -8.98 7.92
Purchase of Investments		 - -2.17 - -6.58 - -4.70 -10 -10 - 7.93 -13
Sale and/or Maturity of Investments		 5.00 - 7.30 2.20 - 8.01 5.00 6.00 4.00 - 3.80
Net Cash From Financing Activities		 -4.83 -4.83 -4.83 -4.83 -4.83 -4.72 -4.84 -4.84 -4.84 -4.84 -4.84
Net Cash From Continuing Financing Activities		 -4.83 -4.83 -4.83 -4.83 -4.83 -4.72 -4.84 -4.84 -4.84 -4.84 -4.84
Payment of Dividends		 -4.83 -4.83 -4.83 -4.83 -4.83 -4.84 -4.84 -4.84 -4.84 -4.84 -4.84
Cash Income Taxes Paid		 1.93 0.57 0.85 0.00 1.81 0.97 0.53 0.00 1.68 0.01 0.24

Annual Balance Sheets for NVE

This table presents NVE'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 2026
Period end date 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Total Assets		 101 94 87 84 79 73 67 69 67 64 60
Total Current Assets		 33 35 33 27 34 24 42 31 33 33 32
Cash & Equivalents		 7.53 8.20 4.76 6.88 8.07 10 10 1.67 10 8.04 1.71
Short-Term Investments		 20 20 21 12 19 7.68 21 16 12 14 18
Accounts Receivable		 2.24 3.44 2.89 3.00 2.69 1.96 4.70 6.52 3.14 3.59 3.41
Inventories, net		 3.21 3.36 3.65 4.26 3.88 3.90 5.09 6.42 7.16 7.45 7.08
Prepaid Expenses		 0.73 0.61 0.64 0.82 0.66 0.39 0.42 0.66 0.69 0.43 1.86
Plant, Property, & Equipment, net		 1.69 1.41 1.33 0.89 0.58 0.34 -1.20 -0.61 -0.90 0.03 1.66
Plant, Property & Equipment, gross		 10 11 11 11 11 11 9.74 10 11 12 14
Accumulated Depreciation		 8.69 9.24 9.82 10 10 11 11 11 11 12 12
Total Noncurrent Assets		 66 57 53 55 45 48 28 39 34 31 27
Long-Term Investments		 66 57 53 55 44 47 24 36 31 26 24
Noncurrent Note & Lease Receivables		 - - - - - - 1.81 1.96 1.96 1.96 2.06
Noncurrent Deferred & Refundable Income Taxes		 0.05 0.36 0.57 0.35 0.11 0.07 0.48 0.57 1.45 1.87 0.00
Other Noncurrent Operating Assets		 - - - 0.00 0.82 0.69 1.17 0.43 0.29 0.92 0.79
Total Liabilities & Shareholders' Equity		 101 94 87 84 79 73 67 69 67 64 60
Total Liabilities		 1.59 1.10 0.99 0.84 1.50 1.61 2.90 2.18 1.21 2.01 2.13
Total Current Liabilities		 1.59 1.10 0.99 0.84 0.80 1.03 2.46 1.83 1.04 1.17 1.14
Accounts Payable		 0.32 0.38 0.41 0.38 0.19 0.34 0.94 0.28 0.13 0.21 0.28
Accrued Expenses		 - - - - - - 1.36 1.38 0.73 0.87 0.70
Other Current Liabilities		 - - - 0.00 0.13 0.15 0.16 0.18 0.18 0.08 0.17
Total Noncurrent Liabilities		 0.00 0.00 0.00 0.00 0.71 0.58 0.45 0.34 0.18 0.84 0.99
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - - - - - - - 0.00 0.25
Other Noncurrent Operating Liabilities		 - - - 0.00 0.71 0.58 0.45 0.34 0.18 0.84 0.74
Total Equity & Noncontrolling Interests		 99 93 86 83 78 71 65 67 66 62 58
Total Preferred & Common Equity		 99 93 86 83 78 71 65 67 66 62 58
Total Common Equity		 99 93 86 83 78 71 65 67 66 62 58
Common Stock		 19 20 20 20 19 19 19 19 20 20 20
Retained Earnings		 80 73 68 63 58 50 46 49 47 42 38
Accumulated Other Comprehensive Income / (Loss)		 0.45 -0.04 -0.92 -0.08 0.52 1.10 -0.32 -1.21 -0.78 -0.07 -0.03

Quarterly Balance Sheets for NVE

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

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/30/2022 12/31/2022 6/30/2023 9/30/2023 12/31/2023 6/30/2024 9/30/2024 12/31/2024 6/30/2025 9/30/2025 12/31/2025
Total Assets		 68 66 68 68 68 67 66 65 64 61 60
Total Current Assets		 26 22 26 25 29 31 34 30 26 29 31
Cash & Equivalents		 3.58 2.03 1.44 6.95 4.68 6.01 3.10 5.49 3.22 5.11 3.41
Short-Term Investments		 10 10 12 7.22 14 16 20 15 13 13 17
Accounts Receivable		 5.86 2.10 5.40 2.92 2.25 2.10 2.95 1.36 2.25 2.44 2.48
Inventories, net		 5.79 6.46 6.29 6.97 7.35 7.16 7.42 7.79 7.45 7.42 7.27
Prepaid Expenses		 0.60 0.92 0.71 1.06 0.60 0.52 0.53 0.74 0.63 1.16 0.76
Plant, Property, & Equipment, net		 0.44 -0.53 -0.68 1.21 -0.83 -0.06 0.07 0.02 1.00 0.88 1.84
Plant, Property & Equipment, gross		 11 10 10 12 11 11 12 12 13 13 14
Accumulated Depreciation		 11 11 11 11 11 11 12 12 12 12 12
Total Noncurrent Assets		 41 44 43 41 39 35 32 34 36 32 27
Long-Term Investments		 40 41 40 40 36 32 28 30 32 28 23
Noncurrent Note & Lease Receivables		 - 1.93 1.96 - 1.96 1.96 1.96 1.96 1.96 2.06 2.06
Noncurrent Deferred & Refundable Income Taxes		 0.89 0.86 0.72 1.40 1.29 1.59 1.52 1.69 1.85 1.08 0.72
Other Noncurrent Operating Assets		 0.49 0.46 0.39 0.36 0.32 0.26 0.22 0.95 0.89 0.85 0.82
Total Liabilities & Shareholders' Equity		 68 66 68 68 68 67 66 65 64 61 60
Total Liabilities		 3.79 2.27 1.57 1.22 1.03 1.83 1.02 1.62 2.46 1.78 1.67
Total Current Liabilities		 3.42 1.88 1.27 0.96 0.81 1.69 0.93 0.75 1.63 0.97 0.89
Accounts Payable		 0.40 0.47 0.16 0.24 0.17 0.17 0.17 0.15 0.18 0.23 0.23
Accrued Expenses		 - 1.25 0.94 0.54 0.46 1.34 0.58 0.51 1.39 0.59 0.50
Other Current Liabilities		 0.16 0.16 0.18 0.18 0.18 0.18 0.18 0.08 0.05 0.16 0.16
Total Noncurrent Liabilities		 0.37 0.40 0.30 0.26 0.22 0.13 0.09 0.86 0.84 0.81 0.77
Other Noncurrent Operating Liabilities		 0.37 0.40 0.30 0.26 0.22 0.13 0.09 0.86 0.84 0.81 0.77
Total Equity & Noncontrolling Interests		 64 63 67 66 67 65 65 63 61 60 58
Total Preferred & Common Equity		 64 63 67 66 67 65 65 63 61 60 58
Total Common Equity		 64 63 67 66 67 65 65 63 61 60 58
Common Stock		 19 19 19 20 20 20 20 20 20 20 20
Retained Earnings		 46 46 49 48 48 46 45 43 41 40 38
Accumulated Other Comprehensive Income / (Loss)		 -1.78 -1.45 -1.45 -1.50 -0.75 -0.75 -0.07 -0.30 0.01 0.09 0.12

Annual Metrics And Ratios for NVE

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

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
DEI Shares Outstanding		 4,844,845.00 4,837,010.00 4,842,010.00 4,846,010.00 4,846,010.00 4,833,232.00 4,833,714.00 - - 4,837,166.00 4,837,166.00
DEI Adjusted Shares Outstanding		 4,844,845.00 4,837,010.00 4,842,010.00 4,846,010.00 4,846,010.00 4,833,232.00 4,833,714.00 - - 4,837,166.00 4,837,166.00
DEI Earnings Per Adjusted Shares Outstanding		 2.54 2.68 2.87 2.99 3.00 2.42 3.00 - - 3.11 3.14
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -9.37% 2.20% 5.43% -11.36% -4.00% -15.92% 26.31% 41.75% -22.09% -13.18% 1.76%
EBITDA Growth		 -15.10% 8.49% 4.51% -14.41% -3.40% -17.29% 26.10% 54.60% -27.72% -13.75% -0.49%
EBIT Growth		 -15.40% 7.12% 5.76% -13.69% -2.57% -17.86% 28.13% 57.05% -27.79% -12.90% -1.27%
NOPAT Growth		 -14.64% 7.41% 8.45% 1.69% -0.15% -19.67% 29.36% 58.69% -27.87% -13.79% 1.68%
Net Income Growth		 -14.45% 5.34% 7.44% 4.28% 0.13% -19.50% 24.06% 56.43% -24.54% -12.03% 0.89%
EPS Growth		 -14.24% 5.93% 7.09% 4.18% 0.33% -19.33% 23.97% 56.67% -24.68% -12.15% 0.96%
Operating Cash Flow Growth		 -3.77% -13.49% 22.40% -6.16% 11.79% -15.92% -6.44% 52.69% -4.42% -21.58% 16.40%
Free Cash Flow Firm Growth		 -4.06% -19.63% 27.10% -1.44% 12.96% -16.26% -18.74% 77.84% -3.42% -29.89% 11.85%
Invested Capital Growth		 -19.55% 27.46% 0.07% 5.03% -14.74% -20.60% 66.49% 43.93% -8.66% 13.17% 3.48%
Revenue Q/Q Growth		 -5.04% 2.73% 3.63% -8.03% 2.26% -1.33% 3.28% 18.89% -16.09% 0.73% 1.48%
EBITDA Q/Q Growth		 -8.96% 4.78% 5.69% -11.69% 3.90% -0.94% 3.00% 22.82% -20.43% 1.67% 4.06%
EBIT Q/Q Growth		 -9.32% 4.75% 6.17% -11.76% 4.24% -1.06% 3.67% 23.09% -20.73% 2.05% 3.15%
NOPAT Q/Q Growth		 -8.61% 4.29% 6.96% -7.96% 4.27% -1.40% 5.37% 25.10% -22.39% 0.84% 7.85%
Net Income Q/Q Growth		 -7.95% 3.41% 6.55% -6.59% 3.62% -1.95% 4.93% 24.16% -20.51% 0.53% 7.31%
EPS Q/Q Growth		 -7.66% 3.47% 6.30% -6.56% 3.81% -2.02% 4.90% 24.01% -20.63% 0.65% 7.53%
Operating Cash Flow Q/Q Growth		 -10.12% -7.74% 19.36% -8.32% 5.44% 12.40% -10.25% 5.16% -6.22% -4.34% 13.67%
Free Cash Flow Firm Q/Q Growth		 -10.93% -12.32% 24.59% -7.05% 3.83% 13.80% -20.33% 14.35% -7.17% -4.72% 17.07%
Invested Capital Q/Q Growth		 1.42% 32.77% 3.83% 1.54% 1.92% -20.27% 21.74% 38.81% 5.62% 10.57% 3.09%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 76.13% 78.54% 78.99% 80.30% 80.76% 80.71% 76.79% 78.92% 77.28% 83.63% 78.73%
EBITDA Margin		 61.83% 65.64% 65.06% 62.82% 63.22% 62.18% 62.08% 67.71% 62.81% 62.40% 61.02%
Operating Margin		 58.76% 61.59% 61.78% 60.16% 61.05% 59.64% 60.51% 67.04% 62.14% 61.81% 60.46%
EBIT Margin		 58.76% 61.59% 61.78% 60.16% 61.05% 59.64% 60.51% 67.04% 62.14% 62.34% 60.48%
Profit (Net Income) Margin		 44.35% 45.71% 46.59% 54.80% 57.16% 54.73% 53.76% 59.33% 57.46% 58.22% 57.72%
Tax Burden Percent		 67.63% 67.81% 69.53% 81.92% 83.96% 82.11% 82.90% 83.77% 83.67% 83.51% 85.31%
Interest Burden Percent		 111.61% 109.46% 108.45% 111.21% 111.52% 111.76% 107.17% 105.65% 110.52% 111.84% 111.88%
Effective Tax Rate		 32.37% 32.19% 30.47% 18.08% 16.04% 17.89% 17.10% 16.23% 16.33% 16.49% 14.69%
Return on Invested Capital (ROIC)		 154.96% 164.13% 158.78% 157.44% 165.64% 161.17% 176.78% 184.07% 117.60% 99.62% 93.77%
ROIC Less NNEP Spread (ROIC-NNEP)		 153.64% 162.87% 157.45% 155.52% 163.58% 159.36% 175.16% 181.83% 114.53% 96.24% 90.24%
Return on Net Nonoperating Assets (RNNOA)		 -143.12% -150.64% -143.24% -140.29% -147.57% -145.46% -155.36% -149.60% -91.78% -76.06% -68.55%
Return on Equity (ROE)		 11.84% 13.49% 15.53% 17.15% 18.07% 15.71% 21.42% 34.48% 25.82% 23.57% 25.22%
Cash Return on Invested Capital (CROIC)		 176.63% 139.99% 158.71% 152.53% 181.55% 184.14% 126.87% 148.05% 126.65% 87.26% 90.35%
Operating Return on Assets (OROA)		 15.44% 17.93% 20.36% 18.62% 19.02% 16.77% 23.33% 37.51% 27.23% 24.61% 25.55%
Return on Assets (ROA)		 11.65% 13.31% 15.36% 16.96% 17.81% 15.39% 20.73% 33.20% 25.18% 22.99% 24.39%
Return on Common Equity (ROCE)		 11.84% 13.49% 15.53% 17.15% 18.07% 15.71% 21.42% 34.48% 25.82% 23.57% 25.22%
Return on Equity Simple (ROE_SIMPLE)		 12.38% 13.97% 16.09% 17.53% 18.63% 16.50% 22.47% 33.83% 26.12% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 11 12 13 13 13 10 14 21 15 13 14
NOPAT Margin		 39.74% 41.76% 42.96% 49.28% 51.26% 48.98% 50.16% 56.15% 51.99% 51.62% 51.58%
Net Nonoperating Expense Percent (NNEP)		 1.32% 1.26% 1.33% 1.92% 2.07% 1.81% 1.62% 2.24% 3.07% 3.38% 3.53%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - 21.45% 23.32%
Cost of Revenue to Revenue		 23.87% 21.46% 21.01% 19.70% 19.24% 19.29% 23.21% 21.08% 22.76% 16.37% 21.27%
SG&A Expenses to Revenue		 6.32% 5.15% 4.81% 4.62% 5.18% 6.16% 5.44% 5.13% 5.94% 7.77% 6.27%
R&D to Revenue		 11.04% 11.81% 12.40% 15.52% 14.52% 14.91% 10.84% 6.75% 9.16% 14.05% 12.00%
Operating Expenses to Revenue		 17.37% 16.96% 17.21% 20.14% 19.71% 21.07% 16.29% 11.89% 15.11% 21.82% 18.27%
Earnings before Interest and Taxes (EBIT)		 16 17 18 16 16 13 16 26 19 16 16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 17 19 19 17 16 13 17 26 19 16 16
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.69 2.83 3.20 4.11 2.45 3.90 3.53 5.54 6.48 4.66 5.44
Price to Tangible Book Value (P/TBV)		 1.69 2.83 3.20 4.11 2.45 3.90 3.53 5.54 6.48 4.66 5.44
Price to Revenue (P/Rev)		 6.06 9.25 9.27 12.84 7.53 12.94 8.44 9.71 14.27 11.22 12.03
Price to Earnings (P/E)		 13.67 20.24 19.89 23.43 13.16 23.64 15.69 16.37 24.83 19.27 20.85
Dividend Yield		 11.53% 7.38% 7.00% 5.70% 10.14% 6.99% 8.49% 5.20% 4.55% 6.66% 6.11%
Earnings Yield		 7.32% 4.94% 5.03% 4.27% 7.60% 4.23% 6.37% 6.11% 4.03% 5.19% 4.80%
Enterprise Value to Invested Capital (EV/IC)		 11.85 21.98 24.54 31.29 16.64 36.77 17.98 23.11 29.59 17.02 18.55
Enterprise Value to Revenue (EV/Rev)		 2.71 6.27 6.64 10.03 4.74 9.89 6.38 8.32 12.49 9.37 10.38
Enterprise Value to EBITDA (EV/EBITDA)		 4.38 9.55 10.21 15.97 7.50 15.91 10.27 12.29 19.88 15.01 17.01
Enterprise Value to EBIT (EV/EBIT)		 4.61 10.18 10.75 16.68 7.76 16.58 10.54 12.41 20.10 15.02 17.16
Enterprise Value to NOPAT (EV/NOPAT)		 6.82 15.01 15.46 20.36 9.25 20.20 12.71 14.82 24.02 18.14 20.12
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.25 14.34 13.09 18.68 7.58 15.81 13.76 16.67 20.40 16.93 16.41
Enterprise Value to Free Cash Flow (EV/FCFF)		 5.98 17.60 15.47 21.02 8.44 17.68 17.71 18.42 22.31 20.71 20.89
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.93 -0.92 -0.91 -0.90 -0.90 -0.91 -0.89 -0.82 -0.80 -0.79 -0.76
Leverage Ratio		 1.02 1.01 1.01 1.01 1.01 1.02 1.03 1.04 1.03 1.03 1.03
Compound Leverage Factor		 1.13 1.11 1.10 1.12 1.13 1.14 1.11 1.10 1.13 1.15 1.16
Debt 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%
Short-Term Debt 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%
Long-Term Debt 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%
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		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 65.72 146.04 170.33 246.43 78.84 105.35 49.90 105.73 213.50 89.55 92.06
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		 21.02 32.13 33.03 32.84 43.19 23.71 16.90 16.80 32.05 28.40 28.21
Quick Ratio		 18.54 28.51 28.70 26.76 37.48 19.54 14.65 12.93 24.47 21.66 20.37
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 13 10 13 13 14 12 9.72 17 17 12 13
Operating Cash Flow to CapEx		 4,980.95% 2,381.36% 2,505.28% 20,829.11% 30,544.71% 21,306.35% 2,580.32% 2,040.15% 109,063.48% 1,138.36% 760.94%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 0.00 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 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.26 0.29 0.33 0.31 0.31 0.28 0.39 0.56 0.44 0.39 0.42
Accounts Receivable Turnover		 10.64 9.97 9.44 9.00 8.93 9.17 8.09 6.81 6.17 7.68 7.53
Inventory Turnover		 1.90 1.85 1.79 1.32 1.20 1.06 1.39 1.40 1.00 0.58 0.77
Fixed Asset Turnover		 14.04 18.25 21.81 23.85 34.40 46.49 0.00 0.00 0.00 0.00 31.22
Accounts Payable Turnover		 19.55 17.51 15.86 13.20 17.39 15.74 9.79 13.16 33.17 24.78 22.70
Days Sales Outstanding (DSO)		 34.29 36.60 38.66 40.57 40.86 39.79 45.10 53.57 59.20 47.50 48.50
Days Inventory Outstanding (DIO)		 191.63 197.07 203.85 276.94 304.19 344.73 261.94 260.44 365.31 629.38 473.63
Days Payable Outstanding (DPO)		 18.67 20.85 23.01 27.65 20.98 23.18 37.30 27.73 11.00 14.73 16.08
Cash Conversion Cycle (CCC)		 207.25 212.82 219.49 289.86 324.06 361.34 269.74 286.28 413.51 662.14 506.06
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 6.34 8.08 8.08 8.49 7.24 5.75 9.57 14 13 14 15
Invested Capital Turnover		 3.90 3.93 3.70 3.19 3.23 3.29 3.52 3.28 2.26 1.93 1.82
Increase / (Decrease) in Invested Capital		 -1.54 1.74 0.01 0.41 -1.25 -1.49 3.82 4.20 -1.19 1.66 0.50
Enterprise Value (EV)		 75 178 198 266 120 211 172 318 372 242 273
Market Capitalization		 168 262 277 340 191 276 228 372 425 290 317
Book Value per Share		 $20.49 $19.16 $17.85 $17.08 $16.09 $14.67 $13.36 $13.89 $13.57 $12.87 $12.04
Tangible Book Value per Share		 $20.49 $19.16 $17.85 $17.08 $16.09 $14.67 $13.36 $13.89 $13.57 $12.87 $12.04
Total Capital		 99 93 86 83 78 71 65 67 66 62 58
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -93 -85 -78 -74 -71 -65 -56 -53 -53 -48 -44
Capital Expenditures (CapEx)		 0.29 0.52 0.60 0.07 0.05 0.06 0.48 0.94 0.02 1.26 2.19
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 4.59 6.31 6.18 7.24 6.44 5.23 7.76 12 9.96 10 11
Debt-free Net Working Capital (DFNWC)		 32 34 32 27 34 23 39 29 32 32 31
Net Working Capital (NWC)		 32 34 32 27 34 23 39 29 32 32 31
Net Nonoperating Expense (NNE)		 -1.28 -1.12 -1.08 -1.46 -1.50 -1.23 -0.97 -1.21 -1.63 -1.71 -1.62
Net Nonoperating Obligations (NNO)		 -93 -85 -78 -74 -71 -65 -55 -53 -53 -48 -44
Total Depreciation and Amortization (D&A)		 0.85 1.15 0.98 0.71 0.55 0.54 0.42 0.26 0.20 0.02 0.14
Debt-free, Cash-free Net Working Capital to Revenue		 16.58% 22.27% 20.71% 27.35% 25.33% 24.47% 28.75% 30.77% 33.41% 39.82% 42.58%
Debt-free Net Working Capital to Revenue		 114.83% 120.38% 106.17% 100.50% 132.17% 109.22% 144.69% 75.69% 107.90% 123.79% 117.92%
Net Working Capital to Revenue		 114.83% 120.38% 106.17% 100.50% 132.17% 109.22% 144.69% 75.69% 107.90% 123.79% 117.92%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.53 $2.68 $2.87 $3.00 $3.00 $2.42 $3.00 $4.70 $3.54 $3.12 $3.14
Adjusted Weighted Average Basic Shares Outstanding		 4.85M 4.84M 4.84M 4.84M 4.85M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M
Adjusted Diluted Earnings per Share		 $2.53 $2.68 $2.87 $2.99 $3.00 $2.42 $3.00 $4.70 $3.54 $3.11 $3.14
Adjusted Weighted Average Diluted Shares Outstanding		 4.85M 4.84M 4.85M 4.85M 4.85M 4.83M 4.84M 4.83M 4.84M 4.84M 4.84M
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		 4.84M 4.84M 4.84M 4.85M 4.84M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M
Normalized Net Operating Profit after Tax (NOPAT)		 11 12 13 13 13 10 14 21 15 13 14
Normalized NOPAT Margin		 39.74% 41.76% 42.96% 49.28% 51.26% 48.98% 50.16% 56.15% 51.99% 51.62% 51.58%
Pre Tax Income Margin		 65.58% 67.41% 67.00% 66.90% 68.09% 66.66% 64.85% 70.82% 68.67% 69.72% 67.66%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 0.00 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 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 157.94% 149.40% 139.19% 133.54% 133.44% 165.35% 133.26% 85.15% 112.89% 128.38% 127.30%
Augmented Payout Ratio		 176.75% 149.40% 139.19% 133.54% 138.17% 166.13% 134.39% 85.24% 112.89% 128.38% 127.30%

Quarterly Metrics And Ratios for NVE

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

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - 4,837,166.00 4,837,166.00 4,837,166.00 4,837,166.00 4,837,166.00
DEI Adjusted Shares Outstanding		 - - - - - - 4,837,166.00 4,837,166.00 4,837,166.00 4,837,166.00 4,837,166.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - 0.80 0.74 0.68 0.70 1.02
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -33.44% -8.72% -44.65% -23.19% -5.25% -25.06% 2.63% -10.00% -6.09% 22.95% 5.30%
EBITDA Growth		 -35.80% -6.92% -52.74% -18.73% -5.73% -31.48% 3.18% -14.47% -16.70% 21.57% 14.81%
EBIT Growth		 -35.93% -7.23% -54.40% -18.24% -4.84% -30.75% 4.65% -13.78% -16.71% 20.94% 11.43%
NOPAT Growth		 -26.78% -3.40% -56.95% -9.56% -14.36% -32.94% 3.27% -14.23% -19.77% 19.17% 28.66%
Net Income Growth		 -22.44% -1.11% -53.68% -6.95% -14.76% -27.15% 2.08% -12.73% -17.77% 11.03% 26.60%
EPS Growth		 -22.22% -1.14% -54.12% -6.59% -15.31% -27.59% 2.56% -12.94% -18.07% 11.11% 27.50%
Operating Cash Flow Growth		 -10.97% -12.37% -27.87% 16.46% -60.20% -18.77% -20.75% -11.31% 30.91% 9.02% 80.71%
Free Cash Flow Firm Growth		 -22.57% -3.27% 24.88% 156.87% 44.82% -12.27% -59.78% -75.22% -9.02% 2.23% 117.46%
Invested Capital Growth		 23.30% 20.05% -8.66% -11.46% 7.53% 8.11% 13.17% 15.99% 3.50% 10.99% 3.48%
Revenue Q/Q Growth		 -19.23% -5.29% 4.84% -4.24% -0.36% -25.09% 43.58% -16.03% 3.97% -1.93% 22.97%
EBITDA Q/Q Growth		 -13.88% -3.46% -6.65% 4.72% -0.10% -29.84% 37.02% -10.93% -2.71% 2.40% 29.40%
EBIT Q/Q Growth		 -13.95% -3.21% -9.19% 8.09% 0.15% -29.57% 37.24% -10.94% -3.25% 2.27% 26.45%
NOPAT Q/Q Growth		 4.41% -11.34% -10.11% 8.69% -1.13% -30.57% 38.42% -9.73% -7.52% 3.13% 49.44%
Net Income Q/Q Growth		 7.26% -11.41% -8.88% 7.46% -1.74% -24.28% 27.69% -8.13% -7.41% 2.23% 45.60%
EPS Q/Q Growth		 7.69% -11.22% -10.34% 8.97% -2.35% -24.10% 26.98% -7.50% -8.11% 2.94% 45.71%
Operating Cash Flow Q/Q Growth		 6.65% -11.74% -33.78% 86.84% -63.55% 80.13% -35.40% 109.10% -46.20% 50.00% 7.09%
Free Cash Flow Firm Q/Q Growth		 120.29% -3.96% 157.21% 13.46% -48.33% -41.82% 17.90% -30.09% 89.71% -34.63% 150.79%
Invested Capital Q/Q Growth		 -3.97% -6.13% 5.62% -7.00% 16.63% -5.63% 10.57% -4.69% 4.07% 1.20% 3.09%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 77.57% 79.94% 75.46% 85.62% 85.98% 84.25% 79.15% 80.63% 78.28% 78.59% 77.72%
EBITDA Margin		 65.53% 66.79% 59.47% 65.03% 65.20% 61.07% 58.27% 61.80% 57.84% 60.38% 63.54%
Operating Margin		 64.76% 66.18% 57.32% 64.70% 65.04% 58.48% 58.44% 61.97% 57.64% 60.15% 61.85%
EBIT Margin		 64.76% 66.18% 57.32% 64.70% 65.04% 61.15% 58.45% 61.99% 57.68% 60.15% 61.85%
Profit (Net Income) Margin		 66.22% 61.93% 53.83% 60.41% 59.57% 60.21% 53.54% 58.58% 52.16% 54.37% 64.38%
Tax Burden Percent		 92.05% 84.32% 83.46% 83.92% 82.84% 85.38% 82.37% 83.50% 79.87% 80.47% 95.09%
Interest Burden Percent		 111.09% 111.00% 112.52% 111.25% 110.57% 115.32% 111.22% 113.17% 113.23% 112.34% 109.45%
Effective Tax Rate		 7.95% 15.68% 16.54% 16.08% 17.16% 14.62% 17.63% 16.50% 20.13% 19.53% 4.91%
Return on Invested Capital (ROIC)		 187.64% 181.57% 108.22% 121.00% 112.05% 103.51% 92.90% 103.21% 82.18% 92.46% 106.93%
ROIC Less NNEP Spread (ROIC-NNEP)		 186.76% 180.80% 107.42% 120.22% 111.32% 102.52% 92.12% 102.38% 81.38% 91.67% 106.00%
Return on Net Nonoperating Assets (RNNOA)		 -153.80% -150.45% -86.08% -97.43% -89.00% -82.91% -72.80% -81.85% -63.24% -71.13% -80.52%
Return on Equity (ROE)		 33.84% 31.11% 22.14% 23.56% 23.05% 20.60% 20.10% 21.36% 18.94% 21.32% 26.41%
Cash Return on Invested Capital (CROIC)		 154.06% 164.69% 126.65% 133.33% 102.75% 99.09% 87.26% 86.77% 83.82% 82.29% 90.35%
Operating Return on Assets (OROA)		 34.64% 35.25% 25.12% 26.64% 26.66% 23.76% 23.08% 23.98% 22.45% 25.06% 26.13%
Return on Assets (ROA)		 35.42% 32.99% 23.59% 24.87% 24.42% 23.40% 21.14% 22.66% 20.30% 22.65% 27.20%
Return on Common Equity (ROCE)		 33.84% 31.11% 22.14% 23.56% 23.05% 20.60% 20.10% 21.36% 18.94% 21.32% 26.41%
Return on Equity Simple (ROE_SIMPLE)		 32.47% 32.35% 0.00% 25.92% 24.86% 23.80% 0.00% 23.81% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 4.25 3.77 3.39 3.68 3.64 2.53 3.50 3.16 2.92 3.01 4.50
NOPAT Margin		 59.61% 55.80% 47.84% 54.30% 53.88% 49.93% 48.14% 51.75% 46.03% 48.40% 58.82%
Net Nonoperating Expense Percent (NNEP)		 0.88% 0.77% 0.80% 0.78% 0.73% 0.99% 0.78% 0.83% 0.80% 0.79% 0.93%
Return On Investment Capital (ROIC_SIMPLE)		 - 5.66% - - - 4.01% 5.62% 5.17% 4.89% 5.17% 7.73%
Cost of Revenue to Revenue		 22.43% 20.06% 24.67% 14.38% 14.02% 15.75% 20.85% 19.37% 21.72% 21.41% 22.28%
SG&A Expenses to Revenue		 6.08% 5.76% 6.69% 7.97% 8.41% 8.59% 6.41% 6.86% 6.88% 5.66% 5.79%
R&D to Revenue		 9.58% 8.01% 11.45% 12.95% 12.54% 17.18% 14.30% 11.80% 13.76% 12.78% 10.07%
Operating Expenses to Revenue		 12.81% 13.77% 18.01% 20.92% 20.95% 25.76% 20.71% 18.66% 20.65% 18.44% 15.86%
Earnings before Interest and Taxes (EBIT)		 4.62 4.47 4.06 4.39 4.40 3.10 4.25 3.78 3.66 3.74 4.73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4.67 4.51 4.21 4.41 4.41 3.09 4.24 3.77 3.67 3.76 4.86
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 5.67 5.41 6.48 5.50 5.95 6.25 4.66 5.83 5.29 4.92 5.44
Price to Tangible Book Value (P/TBV)		 5.67 5.41 6.48 5.50 5.95 6.25 4.66 5.83 5.29 4.92 5.44
Price to Revenue (P/Rev)		 10.42 10.15 14.27 12.85 14.10 15.32 11.22 14.13 12.74 11.06 12.03
Price to Earnings (P/E)		 17.45 16.73 24.83 21.21 23.95 26.27 19.27 24.48 22.83 20.26 20.85
Dividend Yield		 5.13% 5.36% 4.55% 5.42% 5.01% 4.91% 6.66% 5.43% 6.13% 6.74% 6.11%
Earnings Yield		 5.73% 5.98% 4.03% 4.71% 4.18% 3.81% 5.19% 4.08% 4.38% 4.94% 4.80%
Enterprise Value to Invested Capital (EV/IC)		 25.46 25.67 29.59 25.95 24.54 26.68 17.02 22.74 19.13 17.00 18.55
Enterprise Value to Revenue (EV/Rev)		 8.93 8.61 12.49 10.94 12.23 13.37 9.37 12.25 10.90 9.36 10.38
Enterprise Value to EBITDA (EV/EBITDA)		 13.51 12.95 19.88 17.15 19.20 21.63 15.01 19.90 18.29 15.74 17.01
Enterprise Value to EBIT (EV/EBIT)		 13.62 13.08 20.10 17.31 19.34 21.74 15.02 19.87 18.26 15.74 17.16
Enterprise Value to NOPAT (EV/NOPAT)		 16.07 15.31 24.02 20.12 23.12 25.94 18.14 24.04 22.30 19.30 20.12
Enterprise Value to Operating Cash Flow (EV/OCF)		 16.05 15.71 20.40 15.92 21.13 22.96 16.93 22.61 18.88 16.58 16.41
Enterprise Value to Free Cash Flow (EV/FCFF)		 18.25 17.01 22.31 18.28 24.75 27.98 20.71 28.15 23.22 21.74 20.89
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.82 -0.83 -0.80 -0.81 -0.80 -0.81 -0.79 -0.80 -0.78 -0.78 -0.76
Leverage Ratio		 1.04 1.03 1.03 1.03 1.02 1.02 1.03 1.03 1.02 1.03 1.03
Compound Leverage Factor		 1.15 1.14 1.15 1.14 1.12 1.18 1.14 1.17 1.16 1.15 1.13
Debt 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%
Short-Term Debt 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%
Long-Term Debt 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%
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		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 187.22 212.50 212.78 119.39 229.26 148.19 88.94 88.67 108.63 105.49 91.45
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		 26.14 36.08 32.05 18.58 36.32 40.30 28.40 16.10 29.64 34.84 28.21
Quick Ratio		 17.78 26.27 24.47 14.04 27.79 28.95 21.66 11.13 20.80 25.84 20.37
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1.85 1.78 4.58 5.20 2.69 1.56 1.84 1.29 2.44 1.60 4.01
Operating Cash Flow to CapEx		 42,535.84% 0.00% 0.00% 638.47% 1,021.63% 10,286.90% 0.00% 490.37% 3,963.48% 46.65% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 0.00 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 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.53 0.53 0.44 0.41 0.41 0.39 0.39 0.39 0.39 0.42 0.42
Accounts Receivable Turnover		 8.24 16.36 6.17 7.40 9.33 14.27 7.68 11.57 9.19 13.52 7.53
Inventory Turnover		 1.20 1.10 1.00 0.84 0.70 0.59 0.58 0.61 0.66 0.72 0.77
Fixed Asset Turnover		 43.93 0.00 0.00 0.00 43.03 0.00 0.00 0.00 52.34 27.95 31.22
Accounts Payable Turnover		 23.89 23.58 33.17 34.06 24.26 27.46 24.78 25.28 24.39 28.35 22.70
Days Sales Outstanding (DSO)		 44.29 22.32 59.20 49.29 39.11 25.58 47.50 31.54 39.71 27.00 48.50
Days Inventory Outstanding (DIO)		 303.00 333.18 365.31 432.53 522.42 618.32 629.38 600.47 555.52 508.10 473.63
Days Payable Outstanding (DPO)		 15.28 15.48 11.00 10.72 15.05 13.29 14.73 14.44 14.96 12.87 16.08
Cash Conversion Cycle (CCC)		 332.01 340.02 413.51 471.11 546.49 630.61 662.14 617.57 580.28 522.22 506.06
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 13 12 13 12 14 13 14 14 14 14 15
Invested Capital Turnover		 3.15 3.25 2.26 2.23 2.08 2.07 1.93 1.99 1.79 1.91 1.82
Increase / (Decrease) in Invested Capital		 2.40 1.99 -1.19 -1.51 0.96 0.97 1.66 1.87 0.48 1.42 0.50
Enterprise Value (EV)		 323 306 372 304 335 344 242 309 270 243 273
Market Capitalization		 377 360 425 357 386 394 290 356 316 287 317
Book Value per Share		 $13.76 $13.78 $13.57 $13.42 $13.42 $13.03 $12.87 $12.63 $12.34 $12.05 $12.04
Tangible Book Value per Share		 $13.76 $13.78 $13.57 $13.42 $13.42 $13.03 $12.87 $12.63 $12.34 $12.05 $12.04
Total Capital		 66 67 66 65 65 63 62 61 60 58 58
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -54 -55 -53 -53 -51 -50 -48 -48 -46 -44 -44
Capital Expenditures (CapEx)		 0.01 0.00 0.00 0.92 0.21 0.04 -10 1.06 0.07 8.98 -7.92
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 9.99 9.38 9.96 8.09 9.97 9.13 10 8.71 10 9.62 11
Debt-free Net Working Capital (DFNWC)		 24 28 32 30 33 30 32 25 28 30 31
Net Working Capital (NWC)		 24 28 32 30 33 30 32 25 28 30 31
Net Nonoperating Expense (NNE)		 -0.47 -0.41 -0.42 -0.41 -0.38 -0.52 -0.39 -0.42 -0.39 -0.37 -0.43
Net Nonoperating Obligations (NNO)		 -54 -55 -53 -53 -51 -50 -48 -48 -46 -44 -44
Total Depreciation and Amortization (D&A)		 0.06 0.04 0.15 0.02 0.01 -0.00 -0.01 -0.01 0.01 0.01 0.13
Debt-free, Cash-free Net Working Capital to Revenue		 27.62% 26.42% 33.41% 29.14% 36.42% 35.53% 39.82% 34.58% 40.56% 37.08% 42.58%
Debt-free Net Working Capital to Revenue		 66.82% 79.97% 107.90% 107.23% 120.17% 114.92% 123.79% 97.40% 112.17% 116.34% 117.92%
Net Working Capital to Revenue		 66.82% 79.97% 107.90% 107.23% 120.17% 114.92% 123.79% 97.40% 112.17% 116.34% 117.92%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.98 $0.87 $0.78 $0.85 $0.83 $0.63 $0.81 $0.74 $0.68 $0.70 $1.02
Adjusted Weighted Average Basic Shares Outstanding		 4.83M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M
Adjusted Diluted Earnings per Share		 $0.98 $0.87 $0.78 $0.85 $0.83 $0.63 $0.80 $0.74 $0.68 $0.70 $1.02
Adjusted Weighted Average Diluted Shares Outstanding		 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M
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		 4.83M 4.83M 4.83M 4.83M 4.83M 4.84M 4.84M 4.84M 4.84M 4.84M 4.84M
Normalized Net Operating Profit after Tax (NOPAT)		 4.25 3.77 3.39 3.68 3.64 2.53 3.50 3.16 2.92 3.01 4.50
Normalized NOPAT Margin		 59.61% 55.80% 47.84% 54.30% 53.88% 49.93% 48.14% 51.75% 46.03% 48.40% 58.82%
Pre Tax Income Margin		 71.94% 73.45% 64.50% 71.98% 71.91% 70.51% 65.01% 70.15% 65.31% 67.57% 67.70%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 0.00 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 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 89.51% 89.71% 112.89% 114.96% 119.93% 129.04% 128.38% 133.01% 139.92% 136.61% 127.30%
Augmented Payout Ratio		 89.51% 89.71% 112.89% 114.96% 119.93% 129.04% 128.38% 133.01% 139.92% 136.61% 127.30%

Financials Breakdown Chart

Key Financial Trends

NVE (NASDAQ: NVEC) showed solid profitability in fiscal 2026, but recent trends suggest a business that is still highly cash-generative while facing softer revenue and earnings versus the prior year. Over the last four quarters, the company remained consistently profitable and continued paying a meaningful dividend, but revenue and net income generally moved lower from 2024 levels. The balance sheet remains exceptionally strong, with very low liabilities and a large equity base.

  • NVEC remained profitable every quarter provided, with Q4 2026 net income of $4.9 million and full-year quarterly net income still in the multi-million-dollar range.
  • Operating cash flow stayed strong, generating $4.5 million in Q4 2026 and $5.2 million in Q1 2026, which supports the dividend and ongoing operations.
  • The balance sheet is very conservatively structured, with total liabilities of just $1.7 million at Q3 2026 versus $59.9 million of assets and $58.3 million of equity.
  • Liquidity remains robust, helped by cash and investments that totaled more than $20 million in Q3 2026 and more than $49 million in long- and short-term investments combined.
  • Gross margin remained strong, as Q4 2026 gross profit was $5.9 million on revenue of $7.7 million.
  • Dividend payments continue to be well covered by operations, though they are a major use of cash at roughly $4.8 million per quarter.
  • Revenue has been relatively stable quarter to quarter, but not growing meaningfully; Q4 2026 revenue of $7.65 million was only modestly above Q3 2026.
  • Operating expenses were controlled in Q4 2026, with SG&A of $443 thousand and R&D of $771 thousand, both manageable relative to gross profit.
  • The company continued to invest in property and equipment and maintain a sizable investment portfolio, which can help long-term flexibility but also adds earnings sensitivity to market conditions.
  • Compared with the prior-year period, quarterly revenue and earnings are lower, signaling some pressure versus 2024’s stronger operating results.

Year-over-year, the trend is a bit softer. In Q4 2025, NVEC posted $7.27 million in revenue and $3.89 million in net income, compared with $7.65 million in revenue and $4.93 million in net income in Q4 2026. Earlier in 2025, quarterly revenue was closer to $6.1 million to $6.8 million, which also suggests 2026 has improved sequentially, but not necessarily versus the strongest 2024 periods.

From a financial quality standpoint, the most notable strength is the balance sheet. NVEC carries minimal debt-like obligations, large retained earnings, and substantial investment holdings. That gives the company a lot of flexibility, even if top-line growth remains uneven.

Bottom line: NVEC looks financially secure and still highly profitable, but investors should watch for whether revenue can re-accelerate. The stock’s long-term case appears to rest more on steady cash generation, margin discipline, and the dividend than on rapid growth.

07/12/26 09:48 AM ETAI Generated. May Contain Errors.

NVE Financials - Frequently Asked Questions

According to the most recent income statement we have on file, NVE's financial year ends in March. Their financial year 2026 ended on March 31, 2026.

NVE's net income appears to be on an upward trend, with a most recent value of $15.20 million in 2026, rising from $12.29 million in 2016. The previous period was $15.06 million in 2025. Find out what analysts predict for NVE in the coming months.

NVE's total operating income in 2026 was $15.92 million, based on the following breakdown:
  • Total Gross Profit: $20.73 million
  • Total Operating Expenses: $4.81 million

Over the last 10 years, NVE's total revenue changed from $27.72 million in 2016 to $26.33 million in 2026, a change of -5.0%.

NVE's total liabilities were at $2.13 million at the end of 2026, a 6.1% increase from 2025, and a 34.0% increase since 2016.

In the past 10 years, NVE's cash and equivalents has ranged from $1.67 million in 2023 to $10.45 million in 2022, and is currently $1.71 million as of their latest financial filing in 2026.

Over the last 10 years, NVE's book value per share changed from 20.49 in 2016 to 12.04 in 2026, a change of -41.2%.


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Financial statements for NASDAQ:NVEC last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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