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Photronics (PLAB) Financials

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$16.94 -3.12 (-15.55%)
Closing price 05/28/2025 04:00 PM Eastern
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$17.24 +0.30 (+1.79%)
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Annual Income Statements for Photronics

Annual Income Statements for Photronics

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019 10/31/2018 10/29/2017 10/30/2016 11/1/2015 11/2/2014
Net Income / (Loss) Attributable to Common Shareholders
131 125 119 55 34 30 42 13 46 45 26
Consolidated Net Income / (Loss)
184 200 179 79 40 40 61 21 56 57 32
Net Income / (Loss) Continuing Operations
184 200 179 79 40 40 61 21 56 57 32
Total Pre-Tax Income
247 270 239 102 62 51 69 27 60 70 41
Total Operating Income
222 253 212 95 64 52 66 32 52 72 29
Total Gross Profit
316 336 294 167 135 121 132 91 119 143 100
Total Revenue
867 892 825 664 610 551 535 451 483 524 456
Operating Revenue
867 892 825 664 610 551 535 451 483 524 456
Total Cost of Revenue
551 556 530 497 475 430 404 359 365 381 355
Operating Cost of Revenue
551 556 530 497 475 430 404 359 365 381 355
Total Operating Expenses
94 83 82 72 71 69 66 59 66 71 72
Selling, General & Admin Expense
78 69 64 58 54 52 51 44 45 49 50
Research & Development Expense
17 14 18 18 17 16 14 16 22 22 22
Other Special Charges / (Income)
0.09 0.00 0.02 -3.53 0.00 0.00 - - - - -
Total Other Income / (Expense), net
26 17 27 7.45 -2.33 -1.42 2.94 -5.30 8.00 -2.19 13
Interest Expense
0.33 0.43 1.86 1.69 2.37 1.43 2.26 2.24 3.37 4.99 7.25
Other Income / (Expense), net
26 17 29 9.14 0.04 0.01 5.21 -3.07 2.42 2.80 20
Income Tax Expense
64 70 60 23 21 10 7.34 5.28 4.80 13 9.30
Net Income / (Loss) Attributable to Noncontrolling Interest
53 74 60 23 6.52 11 19 8.16 9.48 12 6.04
Basic Earnings per Share
$2.12 $2.05 $1.96 $0.90 $0.52 $0.45 $0.61 $0.19 $0.68 $0.67 $0.42
Weighted Average Basic Shares Outstanding
61.73M 61.14M 60.56M 61.41M 64.87M 66.35M 68.83M 68.44M 67.54M 66.33M 61.78M
Diluted Earnings per Share
$2.09 $2.03 $1.94 $0.89 $0.52 $0.44 $0.59 $0.19 $0.64 $0.63 $0.41
Weighted Average Diluted Shares Outstanding
62.39M 61.76M 61.19M 62.00M 65.47M 69.16M 74.82M 69.29M 76.35M 78.38M 66.68M
Weighted Average Basic & Diluted Shares Outstanding
63.34M 62.60M 61.74M 60.90M 63.92M 65.42M 68.90M 69.10M 67.90M 66.60M 61.90M

Quarterly Income Statements for Photronics

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 2/2/2025 10/31/2024 7/28/2024 4/28/2024 1/28/2024 10/31/2023 7/30/2023 4/30/2023 1/29/2023 10/31/2022 7/31/2022
Net Income / (Loss) Attributable to Common Shareholders
43 34 34 36 26 45 27 40 14 37 31
Consolidated Net Income / (Loss)
58 40 48 56 39 63 48 59 29 55 49
Net Income / (Loss) Continuing Operations
58 40 48 56 39 63 48 59 29 55 49
Total Pre-Tax Income
77 55 62 77 54 83 64 81 42 71 67
Total Operating Income
52 56 52 56 57 65 65 67 56 61 64
Total Gross Profit
76 82 75 79 79 85 87 88 76 80 84
Total Revenue
212 223 211 217 216 227 224 229 211 210 220
Operating Revenue
212 223 211 217 216 227 224 229 211 210 220
Total Cost of Revenue
137 140 136 138 137 143 137 141 135 130 136
Operating Cost of Revenue
137 140 136 138 137 143 137 141 135 130 136
Total Operating Expenses
23 26 23 23 22 20 22 21 20 20 20
Selling, General & Admin Expense
19 21 19 19 18 17 18 18 17 16 16
Research & Development Expense
4.26 5.28 3.56 4.29 3.45 3.37 3.51 3.48 3.30 4.05 4.15
Total Other Income / (Expense), net
25 -1.13 10 21 -3.75 19 -0.91 14 -14 11 3.62
Interest Expense
0.05 0.08 0.06 0.11 0.09 0.11 0.13 0.13 0.07 0.36 0.62
Other Income / (Expense), net
25 -1.05 10 21 -3.66 19 -0.79 14 -14 11 4.24
Income Tax Expense
19 15 14 20 15 20 16 21 13 16 18
Net Income / (Loss) Attributable to Noncontrolling Interest
15 6.36 14 20 13 19 21 19 15 18 18
Basic Earnings per Share
$0.69 $0.54 $0.56 $0.59 $0.43 $0.73 $0.44 $0.65 $0.23 $0.62 $0.51
Weighted Average Basic Shares Outstanding
62.09M 61.73M 61.82M 61.77M 61.46M 61.14M 61.23M 61.14M 60.89M 60.56M 60.70M
Diluted Earnings per Share
$0.68 $0.54 $0.55 $0.58 $0.42 $0.71 $0.44 $0.65 $0.23 $0.60 $0.51
Weighted Average Diluted Shares Outstanding
62.66M 62.39M 62.41M 62.41M 62.28M 61.76M 61.97M 61.51M 61.47M 61.19M 61.30M
Weighted Average Basic & Diluted Shares Outstanding
63.56M 63.34M 63.35M 63.36M 63.35M 62.60M 62.55M 62.52M 62.47M 61.74M 61.69M

Annual Cash Flow Statements for Photronics

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019 10/31/2018 10/29/2017 10/30/2016 11/1/2015 11/2/2014
Net Change in Cash & Equivalents
99 179 43 -1.92 72 -125 26 -12 108 13 -23
Net Cash From Operating Activities
261 302 275 151 143 68 131 97 122 133 96
Net Cash From Continuing Operating Activities
261 302 275 151 143 68 131 97 122 133 96
Net Income / (Loss) Continuing Operations
184 200 179 79 40 40 61 21 56 57 32
Consolidated Net Income / (Loss)
184 200 179 79 40 40 61 21 56 57 32
Depreciation Expense
82 80 80 88 89 79 80 82 78 76 73
Amortization Expense
0.37 0.36 0.36 2.86 4.64 4.64 4.80 4.87 5.23 6.73 7.28
Non-Cash Adjustments To Reconcile Net Income
14 8.00 6.31 5.35 4.93 3.68 3.18 3.63 -5.11 3.69 -12
Changes in Operating Assets and Liabilities, net
-19 14 9.31 -24 3.96 -60 -18 -15 -11 -9.77 -3.51
Net Cash From Investing Activities
-156 -102 -148 -103 -66 -151 -91 -98 52 -104 -87
Net Cash From Continuing Investing Activities
-156 -102 -148 -103 -66 -151 -91 -98 52 -104 -87
Purchase of Property, Plant & Equipment
-131 -131 -112 -109 -71 -178 -93 -92 -50 -104 -91
Acquisitions
-0.09 -0.12 -0.21 -0.17 -0.16 -0.10 -0.22 -6.23 -0.01 -0.77 -0.36
Purchase of Investments
-101 -20 -39 0.00 0.00 - - - - - -
Sale and/or Maturity of Investments
73 48 0.00 0.00 - - - 0.17 102 0.00 0.00
Other Investing Activities, net
2.29 2.52 3.64 5.78 5.26 27 1.93 0.02 0.60 0.50 -0.54
Net Cash From Financing Activities
-7.73 -18 -39 -54 -16 -42 -14 -11 -67 -7.10 -30
Net Cash From Continuing Financing Activities
-7.73 -18 -39 -54 -16 -42 -14 -11 -67 -7.10 -30
Repayment of Debt
-6.62 -18 -65 -20 -7.39 -61 -5.16 -5.46 -58 -9.75 -31
Repurchase of Common Equity
0.00 0.00 -2.52 -48 -34 -22 -23 0.00 0.00 - -
Issuance of Common Equity
1.92 1.25 31 3.87 22 31 23 2.83 3.46 2.65 1.30
Other Financing Activities, net
-3.03 -1.30 -1.47 -0.44 -0.25 - - - - - -
Effect of Exchange Rate Changes
2.13 -2.68 -46 4.70 11 - - - 0.80 -8.85 -2.02

Quarterly Cash Flow Statements for Photronics

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 2/2/2025 10/31/2024 7/28/2024 4/28/2024 1/28/2024 10/31/2023 7/30/2023 4/30/2023 1/29/2023 10/31/2022 7/31/2022
Net Change in Cash & Equivalents
44 61 43 -15 9.45 51 81 33 15 -61 51
Net Cash From Operating Activities
78 68 75 76 42 107 86 82 28 79 93
Net Cash From Continuing Operating Activities
78 68 75 76 42 107 86 82 28 79 93
Net Income / (Loss) Continuing Operations
58 40 48 56 39 63 48 59 29 55 49
Consolidated Net Income / (Loss)
58 40 48 56 39 63 48 59 29 55 49
Depreciation Expense
21 21 20 21 21 21 20 20 19 19 20
Non-Cash Adjustments To Reconcile Net Income
3.33 4.05 3.34 3.93 2.57 2.13 2.04 2.01 1.82 1.69 1.58
Changes in Operating Assets and Liabilities, net
-3.92 2.90 3.44 -4.60 -21 20 15 0.74 -22 3.20 22
Net Cash From Investing Activities
6.85 -14 -27 -72 -42 -37 -1.97 -32 -30 -103 -12
Net Cash From Continuing Investing Activities
6.85 -14 -27 -72 -42 -37 -1.97 -32 -30 -103 -12
Purchase of Property, Plant & Equipment
-35 -43 -24 -20 -43 -52 -21 -27 -31 -66 -12
Purchase of Investments
0.00 - -35 -64 -2.44 -10 - -9.84 0.00 -39 -
Sale and/or Maturity of Investments
41 28 31 11 2.50 25 19 4.00 0.00 - -
Other Investing Activities, net
0.56 0.75 0.12 0.38 1.04 0.61 0.61 0.38 0.93 2.43 0.02
Net Cash From Financing Activities
-20 -1.30 -1.70 -1.86 -2.87 -2.09 -1.16 -5.53 -9.71 -13 -23
Net Cash From Continuing Financing Activities
-20 -1.30 -1.70 -1.86 -2.87 -2.09 -1.16 -5.53 -9.71 -13 -23
Repayment of Debt
-15 -2.12 -1.66 -1.65 -1.19 -2.09 -1.63 -5.50 -9.22 -14 -24
Repurchase of Common Equity
-4.57 - - - 0.00 - - - - - -
Issuance of Common Equity
1.43 0.84 0.02 0.12 0.94 0.01 0.51 0.06 0.67 0.24 1.12
Other Financing Activities, net
-2.00 -0.02 -0.06 -0.33 -2.61 -0.01 -0.04 -0.08 -1.17 -0.01 -0.01
Effect of Exchange Rate Changes
-21 8.58 -2.62 -17 13 -16 -1.81 -12 27 -25 -6.39

Annual Balance Sheets for Photronics

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019 10/31/2018 10/29/2017 10/30/2016 11/1/2015 11/2/2014
Total Assets
1,712 1,526 1,316 1,294 1,188 1,119 1,110 1,021 988 1,043 1,029
Total Current Assets
931 785 645 551 500 428 503 449 442 361 336
Cash & Equivalents
598 499 320 277 279 207 329 308 314 206 193
Short-Term Investments
42 13 39 0.00 - - - - - - -
Accounts Receivable
201 195 198 174 134 134 121 105 93 110 95
Inventories, net
57 50 51 55 57 48 29 24 22 24 22
Other Current Assets
33 28 37 44 30 38 24 12 13 21 19
Plant, Property, & Equipment, net
745 709 644 697 631 632 572 535 506 547 550
Total Noncurrent Assets
36 32 27 47 57 59 35 36 40 135 143
Noncurrent Deferred & Refundable Income Taxes
23 21 20 24 22 21 18 15 16 13 11
Other Noncurrent Operating Assets
13 10 7.49 23 31 30 5.02 3.87 3.79 4.61 8.17
Total Liabilities & Shareholders' Equity
1,712 1,526 1,316 1,294 1,188 1,119 1,110 1,021 988 1,043 1,029
Total Liabilities
231 251 254 294 226 208 205 155 163 281 290
Total Current Liabilities
184 185 194 176 143 152 191 82 81 193 139
Short-Term Debt
18 6.62 10 22 14 11 57 4.64 5.43 65 10
Accounts Payable
79 84 80 82 75 91 89 51 52 88 86
Accrued Expenses
87 95 104 72 54 50 44 26 24 39 42
Total Noncurrent Liabilities
47 65 60 117 83 56 14 74 81 89 151
Long-Term Debt
0.03 18 32 89 55 42 0.00 57 62 67 132
Other Noncurrent Operating Liabilities
47 47 28 28 28 14 14 14 18 19 16
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,481 1,276 1,062 1,001 962 911 905 865 825 762 739
Total Preferred & Common Equity
1,121 975 832 824 805 770 760 745 710 647 628
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,121 975 832 824 805 770 760 745 710 647 628
Common Stock
515 503 494 485 508 525 556 548 542 527 521
Retained Earnings
692 561 436 318 279 254 231 189 176 130 85
Accumulated Other Comprehensive Income / (Loss)
-86 -89 -98 21 18 -9.01 -4.97 6.89 -7.67 -11 22
Noncontrolling Interest
360 301 231 177 157 141 145 121 115 116 111

Quarterly Balance Sheets for Photronics

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

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 2/2/2025 7/28/2024 4/28/2024 1/28/2024 7/30/2023 4/30/2023 1/29/2023 7/31/2022
Total Assets
1,705 1,645 1,603 1,583 1,503 1,451 1,442 1,350
Total Current Assets
921 893 844 808 772 720 701 678
Cash & Equivalents
642 537 494 509 448 367 335 381
Short-Term Investments
0.00 69 66 13 27 45 39 -
Accounts Receivable
188 200 198 204 206 214 221 206
Inventories, net
58 55 54 51 55 55 53 50
Other Current Assets
33 31 32 32 35 38 53 40
Plant, Property, & Equipment, net
750 723 729 743 701 700 711 641
Total Noncurrent Assets
34 30 30 32 30 31 30 31
Noncurrent Deferred & Refundable Income Taxes
19 20 20 22 19 19 22 23
Other Noncurrent Operating Assets
15 9.58 10 10 11 12 8.02 8.20
Total Liabilities & Shareholders' Equity
1,705 1,645 1,603 1,583 1,503 1,451 1,442 1,350
Total Liabilities
210 232 235 236 251 246 259 270
Total Current Liabilities
163 191 196 185 191 185 199 197
Short-Term Debt
2.63 20 19 21 6.59 7.02 6.54 11
Accounts Payable
86 89 95 87 102 93 85 82
Accrued Expenses
74 82 82 78 83 85 108 104
Total Noncurrent Liabilities
48 41 40 50 61 61 60 73
Long-Term Debt
0.02 0.03 2.46 2.66 20 21 27 47
Other Noncurrent Operating Liabilities
48 41 37 48 41 40 32 26
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,494 1,413 1,368 1,347 1,252 1,205 1,183 1,080
Total Preferred & Common Equity
1,128 1,068 1,035 1,023 961 928 921 850
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,128 1,068 1,035 1,023 961 928 921 850
Common Stock
516 511 507 504 500 498 496 493
Retained Earnings
732 658 624 587 517 490 450 399
Accumulated Other Comprehensive Income / (Loss)
-120 -100 -96 -68 -56 -60 -24 -41
Noncontrolling Interest
366 345 333 324 291 277 262 230

Annual Metrics And Ratios for Photronics

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019 10/31/2018 10/29/2017 10/30/2016 11/1/2015 11/2/2014
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-2.82% 8.19% 24.22% 8.87% 10.72% 2.87% 18.77% -6.78% -7.77% 15.08% 7.90%
EBITDA Growth
-5.88% 9.34% 65.50% 23.01% 16.01% -12.35% 34.49% -16.24% -12.51% 22.32% 19.73%
EBIT Growth
-8.37% 12.24% 132.32% 62.10% 22.72% -26.41% 145.95% -47.54% -26.83% 54.46% 40.55%
NOPAT Growth
-12.04% 17.79% 117.46% 74.50% 0.58% -28.98% 129.48% -47.14% -17.61% 162.73% -0.35%
Net Income Growth
-7.91% 11.38% 127.42% 95.36% -0.37% -33.88% 187.64% -61.76% -2.08% 77.49% 63.64%
EPS Growth
2.96% 4.64% 117.98% 71.15% 18.18% -25.42% 210.53% -70.31% 1.59% 53.66% 41.38%
Operating Cash Flow Growth
-13.48% 9.81% 82.52% 5.40% 109.17% -47.62% 34.84% -20.72% -8.30% 38.23% -3.06%
Free Cash Flow Firm Growth
-34.82% -41.64% 2,520.26% -121.88% 156.57% -283.88% 400.28% -122.97% 11.87% 158.36% -13,864.76%
Invested Capital Growth
8.89% 5.64% -10.73% 11.08% -0.67% 19.69% 2.18% 7.01% -2.87% 0.03% 25.90%
Revenue Q/Q Growth
-0.56% 1.97% 3.64% 5.07% -1.13% 2.15% 4.63% 3.11% -6.63% 3.44% 4.17%
EBITDA Q/Q Growth
-7.95% 4.27% 11.93% 17.29% 0.72% 2.31% 6.59% 12.34% -9.44% 18.78% 11.35%
EBIT Q/Q Growth
-10.41% 4.58% 16.06% 32.73% -4.08% -9.35% 11.60% 36.42% -29.42% 32.48% 4.98%
NOPAT Q/Q Growth
-4.65% 1.14% 15.47% 25.48% -13.85% 7.66% 8.71% 11.98% -24.57% 33.59% 5.97%
Net Income Q/Q Growth
-11.09% 4.12% 17.45% 34.12% -9.95% -8.44% 11.41% 22.62% -21.87% 37.31% 5.91%
EPS Q/Q Growth
-7.52% 5.73% 17.58% 32.84% -7.14% -8.33% 20.41% -5.00% -21.95% 36.96% 5.13%
Operating Cash Flow Q/Q Growth
-12.76% 9.95% 17.80% -15.24% 16.16% 1.90% 18.70% -7.37% -8.00% 5.42% 2.86%
Free Cash Flow Firm Q/Q Growth
-36.23% 4.58% 18.20% 53.19% -9.49% -10.78% 755.20% -136.16% 2.35% 30.56% 6.25%
Invested Capital Q/Q Growth
3.74% -1.84% -1.39% 0.78% 0.44% 0.68% -0.93% 7.16% -3.00% -0.12% -0.29%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
36.44% 37.68% 35.68% 25.17% 22.09% 21.94% 24.57% 20.26% 24.55% 27.31% 22.03%
EBITDA Margin
38.13% 39.37% 38.96% 29.24% 25.88% 24.70% 28.99% 25.60% 28.49% 30.03% 28.26%
Operating Margin
25.55% 28.37% 25.69% 14.25% 10.49% 9.47% 12.26% 7.07% 10.85% 13.78% 6.32%
EBIT Margin
28.58% 30.31% 29.21% 15.62% 10.49% 9.47% 13.23% 6.39% 11.36% 14.31% 10.66%
Profit (Net Income) Margin
21.21% 22.38% 21.74% 11.87% 6.62% 7.35% 11.44% 4.72% 11.52% 10.85% 7.03%
Tax Burden Percent
74.31% 73.95% 74.99% 77.27% 65.49% 79.86% 89.30% 80.14% 92.07% 81.18% 77.51%
Interest Burden Percent
99.87% 99.84% 99.23% 98.38% 96.30% 97.27% 96.81% 92.24% 110.16% 93.35% 85.08%
Effective Tax Rate
25.69% 26.05% 25.01% 22.73% 34.51% 20.14% 10.70% 19.86% 7.93% 18.82% 22.49%
Return on Invested Capital (ROIC)
20.00% 24.40% 20.09% 9.20% 5.55% 5.99% 9.36% 4.26% 8.23% 9.84% 4.18%
ROIC Less NNEP Spread (ROIC-NNEP)
16.53% 21.29% 11.62% 6.13% 6.38% 6.52% 8.35% 5.99% 4.66% 10.99% -3.34%
Return on Net Nonoperating Assets (RNNOA)
-6.66% -7.32% -2.71% -1.17% -1.24% -1.53% -2.44% -1.75% -1.21% -2.27% 0.65%
Return on Equity (ROE)
13.34% 17.08% 17.38% 8.03% 4.31% 4.46% 6.92% 2.52% 7.01% 7.57% 4.83%
Cash Return on Invested Capital (CROIC)
11.49% 18.91% 31.43% -1.29% 6.22% -11.94% 7.21% -2.51% 11.14% 9.82% -18.75%
Operating Return on Assets (OROA)
15.30% 19.03% 18.46% 8.35% 5.55% 4.68% 6.65% 2.87% 5.41% 7.24% 5.07%
Return on Assets (ROA)
11.35% 14.05% 13.73% 6.35% 3.50% 3.63% 5.75% 2.12% 5.48% 5.49% 3.35%
Return on Common Equity (ROCE)
10.14% 13.20% 13.95% 6.66% 3.62% 3.76% 5.88% 2.17% 6.00% 6.43% 4.41%
Return on Equity Simple (ROE_SIMPLE)
16.40% 20.48% 21.56% 9.57% 5.01% 5.26% 8.06% 2.86% 7.84% 8.79% 5.10%
Net Operating Profit after Tax (NOPAT)
165 187 159 73 42 42 59 26 48 59 22
NOPAT Margin
18.99% 20.98% 19.27% 11.01% 6.87% 7.56% 10.95% 5.67% 9.99% 11.19% 4.90%
Net Nonoperating Expense Percent (NNEP)
3.47% 3.11% 8.47% 3.07% -0.84% -0.53% 1.02% -1.72% 3.57% -1.15% 7.51%
Return On Investment Capital (ROIC_SIMPLE)
10.98% 14.39% 14.38% - - - - - - - -
Cost of Revenue to Revenue
63.56% 62.32% 64.32% 74.83% 77.91% 78.06% 75.43% 79.74% 75.45% 72.69% 77.97%
SG&A Expenses to Revenue
8.97% 7.79% 7.76% 8.67% 8.79% 9.50% 9.60% 9.67% 9.22% 9.34% 10.90%
R&D to Revenue
1.91% 1.53% 2.22% 2.79% 2.81% 2.98% 2.71% 3.52% 4.48% 4.18% 4.81%
Operating Expenses to Revenue
10.89% 9.32% 9.99% 10.92% 11.60% 12.48% 12.31% 13.19% 13.70% 13.53% 15.71%
Earnings before Interest and Taxes (EBIT)
248 270 241 104 64 52 71 29 55 75 49
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
331 351 321 194 158 136 155 115 138 157 129
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.29 1.18 1.20 0.96 0.80 1.03 0.88 0.88 0.95 0.99 0.88
Price to Tangible Book Value (P/TBV)
1.29 1.18 1.20 0.96 0.80 1.04 0.89 0.91 0.97 1.03 0.93
Price to Revenue (P/Rev)
1.67 1.29 1.21 1.20 1.05 1.44 1.24 1.46 1.39 1.22 1.22
Price to Earnings (P/E)
11.05 9.15 8.42 14.33 18.93 26.61 15.84 50.14 14.54 14.35 21.36
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
9.05% 10.93% 11.87% 6.98% 5.28% 3.76% 6.31% 1.99% 6.88% 6.97% 4.68%
Enterprise Value to Invested Capital (EV/IC)
1.38 1.22 1.23 0.96 0.78 1.03 0.85 0.86 0.93 0.99 0.88
Enterprise Value to Revenue (EV/Rev)
1.36 1.08 1.11 1.21 0.96 1.42 1.01 1.18 1.12 1.12 1.15
Enterprise Value to EBITDA (EV/EBITDA)
3.57 2.74 2.85 4.15 3.72 5.74 3.47 4.62 3.92 3.74 4.06
Enterprise Value to EBIT (EV/EBIT)
4.77 3.56 3.80 7.78 9.18 14.97 7.61 18.51 9.84 7.86 10.76
Enterprise Value to NOPAT (EV/NOPAT)
7.18 5.14 5.76 11.04 14.03 18.75 9.20 20.87 11.18 10.05 23.43
Enterprise Value to Operating Cash Flow (EV/OCF)
4.52 3.18 3.33 5.35 4.11 11.41 4.13 5.50 4.42 4.43 5.43
Enterprise Value to Free Cash Flow (EV/FCFF)
12.50 6.63 3.68 0.00 12.52 0.00 11.95 0.00 8.25 10.08 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.01 0.02 0.04 0.11 0.07 0.06 0.06 0.07 0.08 0.17 0.19
Long-Term Debt to Equity
0.00 0.01 0.03 0.09 0.06 0.05 0.00 0.07 0.07 0.09 0.18
Financial Leverage
-0.40 -0.34 -0.23 -0.19 -0.19 -0.23 -0.29 -0.29 -0.26 -0.21 -0.19
Leverage Ratio
1.17 1.22 1.27 1.26 1.23 1.23 1.20 1.19 1.28 1.38 1.44
Compound Leverage Factor
1.17 1.21 1.26 1.24 1.19 1.19 1.17 1.10 1.41 1.29 1.23
Debt to Total Capital
1.20% 1.89% 3.83% 10.04% 6.66% 5.47% 5.97% 6.68% 7.54% 14.82% 16.13%
Short-Term Debt to Total Capital
1.20% 0.51% 0.91% 2.00% 1.33% 1.13% 5.97% 0.50% 0.61% 7.32% 1.18%
Long-Term Debt to Total Capital
0.00% 1.38% 2.93% 8.04% 5.33% 4.35% 0.00% 6.18% 6.93% 7.50% 14.95%
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
24.01% 23.12% 20.88% 15.90% 15.26% 14.65% 15.06% 13.02% 12.89% 12.91% 12.64%
Common Equity to Total Capital
74.79% 74.99% 75.29% 74.06% 78.08% 79.88% 78.97% 80.30% 79.57% 72.27% 71.23%
Debt to EBITDA
0.05 0.07 0.13 0.58 0.44 0.39 0.37 0.54 0.49 0.84 1.10
Net Debt to EBITDA
-1.88 -1.39 -0.98 -0.85 -1.33 -1.13 -1.75 -2.13 -1.79 -1.06 -1.12
Long-Term Debt to EBITDA
0.00 0.05 0.10 0.46 0.35 0.31 0.00 0.50 0.45 0.43 1.02
Debt to NOPAT
0.11 0.13 0.27 1.53 1.64 1.27 0.98 2.43 1.39 2.26 6.37
Net Debt to NOPAT
-3.78 -2.61 -1.99 -2.26 -5.02 -3.69 -4.64 -9.63 -5.11 -2.84 -6.45
Long-Term Debt to NOPAT
0.00 0.10 0.20 1.22 1.31 1.01 0.00 2.25 1.28 1.14 5.91
Altman Z-Score
5.82 4.91 4.47 3.09 3.08 3.55 3.27 3.77 3.84 2.47 2.09
Noncontrolling Interest Sharing Ratio
23.96% 22.72% 19.75% 17.03% 15.93% 15.76% 15.01% 13.95% 14.53% 15.11% 8.59%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
5.07 4.24 3.33 3.13 3.50 2.81 2.63 5.49 5.43 1.87 2.42
Quick Ratio
4.58 3.82 2.87 2.56 2.89 2.24 2.35 5.05 5.00 1.64 2.07
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
95 145 249 -10 47 -83 45 -15 65 58 -100
Operating Cash Flow to CapEx
199.66% 230.15% 244.96% 138.20% 202.00% 38.34% 141.02% 105.29% 243.56% 128.03% 105.79%
Free Cash Flow to Firm to Interest Expense
283.05 334.97 133.84 -6.09 19.83 -58.21 19.94 -6.72 19.44 11.72 -13.83
Operating Cash Flow to Interest Expense
782.77 697.87 148.19 89.48 60.43 47.99 57.72 43.33 36.30 26.69 13.30
Operating Cash Flow Less CapEx to Interest Expense
390.72 394.64 87.69 24.73 30.52 -77.19 16.79 2.18 21.39 5.84 0.73
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.54 0.63 0.63 0.53 0.53 0.49 0.50 0.45 0.48 0.51 0.48
Accounts Receivable Turnover
4.38 4.54 4.43 4.30 4.53 4.32 4.74 4.55 4.77 5.12 5.43
Inventory Turnover
10.35 11.04 10.01 8.83 9.01 11.12 15.27 15.70 15.78 16.34 17.19
Fixed Asset Turnover
1.19 1.32 1.23 1.00 0.96 0.91 0.97 0.87 0.92 0.96 0.94
Accounts Payable Turnover
6.77 6.80 6.58 6.33 5.70 4.76 5.77 7.01 5.22 4.37 4.59
Days Sales Outstanding (DSO)
83.31 80.41 82.47 84.94 80.50 84.50 77.00 80.16 76.51 71.22 67.26
Days Inventory Outstanding (DIO)
35.27 33.06 36.48 41.34 40.50 32.84 23.90 23.25 23.13 22.33 21.23
Days Payable Outstanding (DPO)
53.90 53.70 55.44 57.65 64.06 76.65 63.27 52.05 69.86 83.56 79.60
Cash Conversion Cycle (CCC)
64.68 59.77 63.51 68.63 56.93 40.69 37.63 51.37 29.79 9.99 8.89
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
858 788 746 836 752 757 633 619 579 596 596
Invested Capital Turnover
1.05 1.16 1.04 0.84 0.81 0.79 0.86 0.75 0.82 0.88 0.85
Increase / (Decrease) in Invested Capital
70 42 -90 83 -5.06 125 13 41 -17 0.16 123
Enterprise Value (EV)
1,182 961 915 806 588 780 539 533 540 590 523
Market Capitalization
1,444 1,148 1,001 794 640 793 666 658 672 640 555
Book Value per Share
$17.69 $15.59 $13.48 $13.47 $12.26 $11.46 $11.11 $10.80 $10.42 $9.68 $10.17
Tangible Book Value per Share
$17.69 $15.59 $13.48 $13.47 $12.21 $11.34 $10.93 $10.55 $10.13 $9.31 $9.68
Total Capital
1,499 1,300 1,104 1,112 1,031 964 962 927 893 895 882
Total Debt
18 25 42 112 69 53 57 62 67 133 142
Total Long-Term Debt
0.03 18 32 89 55 42 0.00 57 62 67 132
Net Debt
-623 -488 -316 -165 -210 -154 -272 -246 -247 -166 -144
Capital Expenditures (CapEx)
131 131 112 109 71 178 93 92 50 104 91
Debt-free, Cash-free Net Working Capital (DFCFNWC)
125 95 102 120 92 80 40 64 52 28 15
Debt-free Net Working Capital (DFNWC)
765 607 461 397 371 286 369 372 366 234 208
Net Working Capital (NWC)
747 600 451 374 357 276 312 367 360 168 197
Net Nonoperating Expense (NNE)
-19 -12 -20 -5.76 1.52 1.13 -2.63 4.25 -7.36 1.78 -9.72
Net Nonoperating Obligations (NNO)
-623 -488 -316 -165 -210 -154 -272 -246 -247 -166 -144
Total Depreciation and Amortization (D&A)
83 81 80 90 94 84 84 87 83 82 80
Debt-free, Cash-free Net Working Capital to Revenue
14.37% 10.61% 12.42% 18.09% 15.12% 14.51% 7.44% 14.19% 10.68% 5.28% 3.25%
Debt-free Net Working Capital to Revenue
88.27% 68.03% 55.89% 59.77% 60.83% 52.02% 68.96% 82.54% 75.64% 44.56% 45.61%
Net Working Capital to Revenue
86.19% 67.28% 54.68% 56.42% 58.59% 50.04% 58.22% 81.51% 74.52% 32.06% 43.33%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$2.12 $2.05 $1.96 $0.90 $0.52 $0.45 $0.61 $0.19 $0.68 $0.67 $0.42
Adjusted Weighted Average Basic Shares Outstanding
61.73M 61.14M 60.56M 61.41M 64.87M 66.35M 68.83M 68.44M 67.54M 66.33M 61.78M
Adjusted Diluted Earnings per Share
$2.09 $2.03 $1.94 $0.89 $0.52 $0.44 $0.59 $0.19 $0.64 $0.63 $0.41
Adjusted Weighted Average Diluted Shares Outstanding
62.39M 61.76M 61.19M 62.00M 65.47M 69.16M 74.82M 69.29M 76.35M 78.38M 66.68M
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
63.34M 62.60M 61.74M 60.90M 63.92M 65.42M 66.99M 69.05M 68.33M 66.98M 66.35M
Normalized Net Operating Profit after Tax (NOPAT)
165 187 159 70 42 42 59 26 48 59 22
Normalized NOPAT Margin
18.99% 20.98% 19.27% 10.60% 6.87% 7.56% 10.95% 5.67% 9.99% 11.19% 4.90%
Pre Tax Income Margin
28.54% 30.26% 28.99% 15.37% 10.10% 9.21% 12.81% 5.89% 12.51% 13.36% 9.07%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
741.76 624.43 129.72 61.54 27.02 36.58 31.31 12.89 16.31 15.04 6.70
NOPAT to Interest Expense
492.83 432.19 85.55 43.36 17.69 29.21 25.91 11.43 14.36 11.75 3.08
EBIT Less CapEx to Interest Expense
349.72 321.21 69.23 -3.21 -2.89 -88.60 -9.62 -28.26 1.41 -5.81 -5.87
NOPAT Less CapEx to Interest Expense
100.79 128.97 25.06 -21.39 -12.23 -95.96 -15.02 -29.72 -0.55 -9.10 -9.49
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 12.18% 40.03% 111.26% 13.34% 38.98% 23.09% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 1.41% 73.39% 125.29% 164.84% 51.08% 38.98% 23.09% 0.00% 0.00%

Quarterly Metrics And Ratios for Photronics

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 2/2/2025 10/31/2024 7/28/2024 4/28/2024 1/28/2024 10/31/2023 7/30/2023 4/30/2023 1/29/2023 10/31/2022 7/31/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-1.94% -2.13% -5.90% -5.37% 2.48% 8.18% 1.94% 12.13% 11.20% 15.98% 28.89%
EBITDA Growth
31.48% -27.66% -2.87% -3.14% 22.79% 15.50% -3.26% 29.14% -6.05% 59.83% 58.32%
EBIT Growth
43.42% -34.44% -3.30% -4.91% 29.41% 16.51% -5.13% 40.66% -5.03% 86.87% 104.38%
NOPAT Growth
-5.77% -16.41% -17.60% -16.30% 7.18% 4.55% 5.10% 33.16% 38.09% 82.42% 116.28%
Net Income Growth
49.06% -36.31% -0.18% -4.89% 35.00% 14.28% -1.97% 37.75% -8.75% 93.02% 102.11%
EPS Growth
61.90% -23.94% 25.00% -10.77% 82.61% 18.33% -13.73% 44.44% -39.47% 93.55% 82.14%
Operating Cash Flow Growth
89.04% -35.88% -12.57% -6.72% 49.96% 34.51% -7.29% 85.69% -53.19% 110.39% 68.80%
Free Cash Flow Firm Growth
-4.89% -519.38% 513.61% -3.86% 94.37% -94.92% -97.82% -60.37% 127.61% 337.01% 303.37%
Invested Capital Growth
0.67% 8.89% 3.04% 1.20% 0.76% 5.64% 6.13% 2.07% 2.53% -10.73% -8.77%
Revenue Q/Q Growth
-4.71% 5.52% -2.77% 0.31% -4.90% 1.46% -2.22% 8.63% 0.39% -4.40% 7.55%
EBITDA Q/Q Growth
29.63% -8.34% -15.47% 30.91% -28.68% 23.06% -15.70% 65.94% -32.91% 3.08% 12.53%
EBIT Q/Q Growth
40.94% -12.14% -18.80% 42.64% -35.57% 29.58% -20.15% 94.12% -42.00% 5.51% 18.40%
NOPAT Q/Q Growth
-3.88% 1.64% -2.26% -1.31% -14.74% 0.19% -0.72% 26.38% -16.83% 0.72% 25.79%
Net Income Q/Q Growth
44.83% -16.49% -14.55% 44.24% -38.12% 30.88% -18.59% 104.74% -47.61% 12.27% 14.40%
EPS Q/Q Growth
25.93% -1.82% -5.17% 38.10% -40.85% 61.36% -32.31% 182.61% -61.67% 17.65% 13.33%
Operating Cash Flow Q/Q Growth
14.77% -8.94% -1.84% 84.27% -61.07% 24.15% 4.73% 196.23% -65.08% -14.43% 109.77%
Free Cash Flow Firm Q/Q Growth
215.88% -282.48% -49.28% -11.32% 411.00% 167.00% -92.05% 79.29% -86.65% 14.53% 44.57%
Invested Capital Q/Q Growth
-0.40% 3.74% -0.33% -2.24% 7.73% -1.84% -2.11% -2.67% 12.96% -1.39% -5.86%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
35.61% 36.97% 35.61% 36.52% 36.64% 37.32% 38.71% 38.55% 36.04% 38.17% 38.13%
EBITDA Margin
46.19% 33.96% 39.09% 44.96% 34.45% 45.94% 37.87% 43.93% 28.76% 43.03% 39.91%
Operating Margin
24.60% 25.08% 24.72% 25.83% 26.57% 28.48% 29.11% 29.24% 26.51% 28.79% 28.97%
EBIT Margin
36.39% 24.61% 29.55% 35.38% 24.88% 36.73% 28.76% 35.22% 19.71% 34.11% 30.90%
Profit (Net Income) Margin
27.46% 18.07% 22.83% 25.98% 18.07% 27.76% 21.52% 25.85% 13.71% 26.28% 22.38%
Tax Burden Percent
75.50% 73.41% 77.33% 73.61% 72.72% 75.69% 74.98% 73.53% 69.71% 77.47% 73.07%
Interest Burden Percent
99.94% 100.03% 99.91% 99.74% 99.83% 99.87% 99.80% 99.83% 99.84% 99.47% 99.12%
Effective Tax Rate
24.50% 26.59% 22.67% 26.39% 27.28% 24.31% 25.02% 26.47% 30.29% 22.53% 26.93%
Return on Invested Capital (ROIC)
18.81% 19.39% 20.44% 20.40% 20.50% 25.07% 24.49% 23.05% 18.78% 23.26% 21.24%
ROIC Less NNEP Spread (ROIC-NNEP)
15.49% 19.53% 18.93% 17.12% 21.15% 21.56% 24.67% 19.89% 22.39% 19.78% 20.16%
Return on Net Nonoperating Assets (RNNOA)
-6.20% -7.87% -7.35% -6.14% -7.01% -7.41% -8.17% -5.57% -5.62% -4.61% -4.75%
Return on Equity (ROE)
12.61% 11.53% 13.09% 14.26% 13.49% 17.66% 16.32% 17.49% 13.16% 18.64% 16.49%
Cash Return on Invested Capital (CROIC)
18.36% 11.49% 18.19% 20.77% 21.62% 18.91% 17.79% 20.46% 17.99% 31.43% 26.52%
Operating Return on Assets (OROA)
19.10% 13.18% 16.37% 20.51% 14.77% 23.06% 17.64% 22.03% 12.00% 21.55% 18.69%
Return on Assets (ROA)
14.41% 9.67% 12.64% 15.05% 10.72% 17.43% 13.20% 16.17% 8.35% 16.61% 13.53%
Return on Common Equity (ROCE)
9.54% 8.76% 9.97% 10.88% 10.37% 13.65% 12.68% 13.67% 10.42% 14.96% 13.26%
Return on Equity Simple (ROE_SIMPLE)
18.00% 0.00% 19.36% 19.99% 20.51% 0.00% 19.95% 20.77% 19.17% 0.00% 17.95%
Net Operating Profit after Tax (NOPAT)
39 41 40 41 42 49 49 49 39 47 47
NOPAT Margin
18.57% 18.41% 19.11% 19.01% 19.33% 21.56% 21.83% 21.50% 18.48% 22.30% 21.17%
Net Nonoperating Expense Percent (NNEP)
3.32% -0.14% 1.52% 3.28% -0.65% 3.51% -0.18% 3.16% -3.61% 3.48% 1.09%
Return On Investment Capital (ROIC_SIMPLE)
2.63% 2.73% - - 3.05% 3.77% - - - 4.25% -
Cost of Revenue to Revenue
64.39% 63.03% 64.39% 63.48% 63.36% 62.69% 61.29% 61.45% 63.96% 61.83% 61.87%
SG&A Expenses to Revenue
9.00% 9.44% 9.21% 8.75% 8.47% 7.35% 8.04% 7.80% 7.97% 7.46% 7.26%
R&D to Revenue
2.01% 2.37% 1.69% 1.98% 1.59% 1.48% 1.56% 1.52% 1.56% 1.92% 1.89%
Operating Expenses to Revenue
11.01% 11.85% 10.90% 10.73% 10.06% 8.84% 9.61% 9.31% 9.53% 9.39% 9.14%
Earnings before Interest and Taxes (EBIT)
77 55 62 77 54 84 64 81 42 72 68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
98 76 82 98 75 105 85 101 61 90 88
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.29 1.29 1.52 1.73 1.84 1.18 1.71 0.97 1.26 1.20 1.72
Price to Tangible Book Value (P/TBV)
1.29 1.29 1.52 1.73 1.84 1.18 1.71 0.97 1.26 1.20 1.72
Price to Revenue (P/Rev)
1.69 1.67 1.86 2.02 2.10 1.29 1.87 1.04 1.37 1.21 1.84
Price to Earnings (P/E)
9.88 11.05 11.48 13.37 13.69 9.15 13.90 7.39 10.59 8.42 14.45
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
10.12% 9.05% 8.71% 7.48% 7.30% 10.93% 7.19% 13.53% 9.44% 11.87% 6.92%
Enterprise Value to Invested Capital (EV/IC)
1.38 1.38 1.67 1.91 2.02 1.22 1.85 0.97 1.29 1.23 1.81
Enterprise Value to Revenue (EV/Rev)
1.37 1.36 1.59 1.79 1.91 1.08 1.69 0.91 1.28 1.11 1.73
Enterprise Value to EBITDA (EV/EBITDA)
3.35 3.57 3.85 4.39 4.69 2.74 4.40 2.34 3.42 2.85 4.78
Enterprise Value to EBIT (EV/EBIT)
4.36 4.77 5.00 5.69 6.06 3.56 5.73 3.04 4.54 3.80 6.61
Enterprise Value to NOPAT (EV/NOPAT)
7.30 7.18 8.01 8.76 9.04 5.14 8.01 4.35 6.36 5.76 9.98
Enterprise Value to Operating Cash Flow (EV/OCF)
3.96 4.52 4.61 5.11 5.42 3.18 5.39 2.83 4.45 3.33 5.88
Enterprise Value to Free Cash Flow (EV/FCFF)
7.56 12.50 9.33 9.26 9.36 6.63 10.68 4.79 7.24 3.68 6.53
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.01 0.01 0.02 0.02 0.02 0.02 0.02 0.03 0.04 0.05
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.02 0.03 0.04
Financial Leverage
-0.40 -0.40 -0.39 -0.36 -0.33 -0.34 -0.33 -0.28 -0.25 -0.23 -0.24
Leverage Ratio
1.16 1.17 1.18 1.19 1.20 1.22 1.22 1.23 1.25 1.27 1.27
Compound Leverage Factor
1.16 1.18 1.18 1.18 1.19 1.21 1.22 1.23 1.25 1.26 1.26
Debt to Total Capital
0.18% 1.20% 1.40% 1.57% 1.71% 1.89% 2.09% 2.30% 2.78% 3.83% 5.04%
Short-Term Debt to Total Capital
0.18% 1.20% 1.40% 1.39% 1.52% 0.51% 0.52% 0.57% 0.54% 0.91% 0.94%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.18% 0.19% 1.38% 1.57% 1.73% 2.25% 2.93% 4.10%
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
24.48% 24.01% 24.10% 23.97% 23.65% 23.12% 22.73% 22.44% 21.53% 20.88% 20.19%
Common Equity to Total Capital
75.34% 74.79% 74.50% 74.46% 74.64% 74.99% 75.18% 75.27% 75.68% 75.29% 74.77%
Debt to EBITDA
0.01 0.05 0.06 0.06 0.06 0.07 0.08 0.08 0.11 0.13 0.20
Net Debt to EBITDA
-1.81 -1.88 -1.63 -1.49 -1.37 -1.39 -1.33 -1.13 -1.07 -0.98 -1.13
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.01 0.01 0.05 0.06 0.06 0.09 0.10 0.16
Debt to NOPAT
0.02 0.11 0.12 0.12 0.12 0.13 0.14 0.16 0.20 0.27 0.42
Net Debt to NOPAT
-3.95 -3.78 -3.40 -2.97 -2.63 -2.61 -2.43 -2.11 -1.99 -1.99 -2.35
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.01 0.01 0.10 0.11 0.12 0.16 0.20 0.34
Altman Z-Score
5.94 5.45 5.93 6.31 6.47 4.50 5.58 3.90 4.23 4.05 4.86
Noncontrolling Interest Sharing Ratio
24.30% 23.96% 23.87% 23.70% 23.17% 22.72% 22.31% 21.84% 20.82% 19.75% 19.58%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
5.66 5.07 4.67 4.32 4.36 4.24 4.05 3.89 3.52 3.33 3.44
Quick Ratio
5.11 4.58 4.22 3.87 3.91 3.82 3.58 3.39 2.98 2.87 2.98
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
34 -29 16 31 35 6.93 2.60 33 18 137 119
Operating Cash Flow to CapEx
222.91% 158.23% 307.43% 382.49% 95.83% 203.16% 407.30% 307.90% 89.01% 120.10% 803.54%
Free Cash Flow to Firm to Interest Expense
717.03 -382.65 274.76 285.65 393.71 64.21 20.61 243.91 280.46 384.68 191.70
Operating Cash Flow to Interest Expense
1,669.49 899.61 1,294.48 695.33 461.20 987.22 681.58 611.92 425.85 223.28 148.93
Operating Cash Flow Less CapEx to Interest Expense
920.55 331.07 873.41 513.54 -20.07 501.28 514.24 413.18 -52.57 37.37 130.39
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.52 0.54 0.55 0.58 0.59 0.63 0.61 0.63 0.61 0.63 0.60
Accounts Receivable Turnover
4.40 4.38 4.29 4.30 4.23 4.54 4.24 4.30 4.32 4.43 4.45
Inventory Turnover
10.17 10.35 9.98 10.16 10.78 11.04 10.28 9.60 9.33 10.01 10.24
Fixed Asset Turnover
1.16 1.19 1.22 1.24 1.23 1.32 1.30 1.28 1.21 1.23 1.19
Accounts Payable Turnover
6.37 6.77 5.81 5.92 6.50 6.80 5.91 6.34 5.96 6.58 6.71
Days Sales Outstanding (DSO)
82.93 83.31 85.00 84.96 86.30 80.41 86.07 84.84 84.44 82.47 82.05
Days Inventory Outstanding (DIO)
35.89 35.27 36.57 35.92 33.84 33.06 35.50 38.01 39.12 36.48 35.65
Days Payable Outstanding (DPO)
57.30 53.90 62.85 61.65 56.17 53.70 61.72 57.58 61.27 55.44 54.39
Cash Conversion Cycle (CCC)
61.52 64.68 58.72 59.23 63.97 59.77 59.85 65.27 62.30 63.51 63.31
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
855 858 827 830 849 788 803 820 843 746 756
Invested Capital Turnover
1.01 1.05 1.07 1.07 1.06 1.16 1.12 1.07 1.02 1.04 1.00
Increase / (Decrease) in Invested Capital
5.70 70 24 9.84 6.37 42 46 17 21 -90 -73
Enterprise Value (EV)
1,183 1,182 1,382 1,587 1,711 961 1,481 795 1,084 915 1,373
Market Capitalization
1,456 1,444 1,623 1,792 1,885 1,148 1,640 903 1,162 1,001 1,467
Book Value per Share
$17.81 $17.69 $16.86 $16.33 $16.65 $15.59 $15.37 $14.85 $14.91 $13.48 $13.80
Tangible Book Value per Share
$17.81 $17.69 $16.86 $16.33 $16.65 $15.59 $15.37 $14.85 $14.91 $13.48 $13.80
Total Capital
1,497 1,499 1,434 1,390 1,370 1,300 1,279 1,233 1,217 1,104 1,137
Total Debt
2.65 18 20 22 23 25 27 28 34 42 57
Total Long-Term Debt
0.02 0.03 0.03 2.46 2.66 18 20 21 27 32 47
Net Debt
-640 -623 -586 -538 -498 -488 -449 -385 -340 -316 -324
Capital Expenditures (CapEx)
35 43 24 20 43 52 21 27 31 66 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)
119 125 115 108 122 95 112 129 134 102 111
Debt-free Net Working Capital (DFNWC)
761 765 722 668 643 607 588 542 508 461 492
Net Working Capital (NWC)
758 747 702 649 622 600 582 535 501 451 481
Net Nonoperating Expense (NNE)
-19 0.76 -7.84 -15 2.72 -14 0.68 -9.98 10 -8.36 -2.66
Net Nonoperating Obligations (NNO)
-640 -623 -586 -538 -498 -488 -449 -385 -340 -316 -324
Total Depreciation and Amortization (D&A)
21 21 20 21 21 21 20 20 19 19 20
Debt-free, Cash-free Net Working Capital to Revenue
13.75% 14.37% 13.22% 12.21% 13.56% 10.61% 12.84% 14.82% 15.85% 12.42% 13.93%
Debt-free Net Working Capital to Revenue
88.19% 88.27% 82.77% 75.47% 71.68% 68.03% 67.23% 62.25% 60.06% 55.89% 61.80%
Net Working Capital to Revenue
87.88% 86.19% 80.47% 73.28% 69.36% 67.28% 66.47% 61.45% 59.29% 54.68% 60.45%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.69 $0.54 $0.56 $0.59 $0.43 $0.73 $0.44 $0.65 $0.23 $0.62 $0.51
Adjusted Weighted Average Basic Shares Outstanding
62.09M 61.73M 61.82M 61.77M 61.46M 61.14M 61.23M 61.14M 60.89M 60.56M 60.70M
Adjusted Diluted Earnings per Share
$0.68 $0.54 $0.55 $0.58 $0.42 $0.71 $0.44 $0.65 $0.23 $0.60 $0.51
Adjusted Weighted Average Diluted Shares Outstanding
62.66M 62.39M 62.41M 62.41M 62.28M 61.76M 61.97M 61.51M 61.47M 61.19M 61.30M
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
63.56M 63.34M 63.35M 63.36M 63.35M 62.60M 62.55M 62.52M 62.47M 61.74M 61.69M
Normalized Net Operating Profit after Tax (NOPAT)
39 41 40 41 42 49 49 49 39 47 47
Normalized NOPAT Margin
18.57% 18.41% 19.11% 19.01% 19.33% 21.56% 21.83% 21.50% 18.48% 22.30% 21.17%
Pre Tax Income Margin
36.37% 24.61% 29.53% 35.29% 24.84% 36.68% 28.70% 35.16% 19.68% 33.93% 30.63%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1,642.66 720.79 1,075.03 698.05 598.13 773.64 511.74 602.61 639.95 202.01 109.27
NOPAT to Interest Expense
838.20 539.27 695.25 375.07 464.52 454.00 388.40 367.87 600.08 132.11 74.86
EBIT Less CapEx to Interest Expense
893.72 152.25 653.97 516.25 116.87 287.69 344.40 403.87 161.54 16.10 90.74
NOPAT Less CapEx to Interest Expense
89.27 -29.27 274.18 193.28 -16.75 -31.94 221.06 169.13 121.66 -53.81 56.33
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
2.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.41% 9.84%

Frequently Asked Questions About Photronics' Financials

When does Photronics's fiscal year end?

According to the most recent income statement we have on file, Photronics' financial year ends in October. Their financial year 2024 ended on October 31, 2024.

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

Photronics' net income appears to be on an upward trend, with a most recent value of $183.85 million in 2024, rising from $32.04 million in 2014. The previous period was $199.63 million in 2023. Find out what analysts predict for Photronics in the coming months.

What is Photronics's operating income?
Photronics's total operating income in 2024 was $221.52 million, based on the following breakdown:
  • Total Gross Profit: $315.95 million
  • Total Operating Expenses: $94.43 million
How has Photronics revenue changed over the last 10 years?

Over the last 10 years, Photronics' total revenue changed from $455.53 million in 2014 to $866.95 million in 2024, a change of 90.3%.

How much debt does Photronics have?

Photronics' total liabilities were at $231.30 million at the end of 2024, a 7.7% decrease from 2023, and a 20.2% decrease since 2014.

How much cash does Photronics have?

In the past 10 years, Photronics' cash and equivalents has ranged from $192.93 million in 2014 to $598.49 million in 2024, and is currently $598.49 million as of their latest financial filing in 2024.

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

Over the last 10 years, Photronics' book value per share changed from 10.17 in 2014 to 17.69 in 2024, a change of 74.0%.



This page (NASDAQ:PLAB) was last updated on 5/29/2025 by MarketBeat.com Staff
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