Advanced Micro Devices, Inc. (AMD) 10-Year Financial Performance & Capital Metrics

AMD • • Industrial / General

TechnologySemiconductorsDigital & Computing SemiconductorsProcessors & Microcontrollers

AboutAdvanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California.Show more

Revenue $25.79B +13.7%
EBITDA $5.08B +28.5%
Net Income $1.64B +92.2%
EPS (Diluted) 1.00 +88.7%
Gross Margin 49.35% +7.0%
EBITDA Margin 19.69% +13.0%
Operating Margin 7.37% +316.8%
Net Margin 6.36% +69.0%
ROE 2.89% +87.4%
ROIC 2.57% +360.1%
Debt/Equity 0.04 -28.5%
Interest Coverage 20.65 +445.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 36.9%
✓Strong Piotroski F-Score: 8/9
✓Momentum leader: RS Rating 82 (top 18%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 30.8%

✗Weaknesses

✗Weak 3Y average ROE of 2.9%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y16.7%

5Y30.81%

3Y16.2%

TTM31.83%

Profit (Net Income) CAGR

10Y-

5Y36.92%

3Y-19.64%

TTM81.05%

EPS CAGR

10Y-

5Y27.23%

3Y-26.99%

TTM82.96%

ROCE

10Y Avg8.54%

5Y Avg16.75%

3Y Avg2.46%

Latest3.09%

Peer Comparison

Processors & Microcontrollers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AMDAdvanced Micro Devices, Inc.	359.75B	220.97	220.97	13.69%	10.32%	5.44%	0.67%	0.04
LSCCLattice Semiconductor Corporation	11.8B	86.30	196.14	-30.9%	5.5%	3.86%	1.02%	0.02
NVDANVIDIA Corporation	4.52T	185.81	63.20	114.2%	53.01%	83.43%	1.35%	0.13
ICGIntchains Group Limited	57.43M	2.00	1.16	242.68%	6.51%	1.97%		0.00
PXLWPixelworks, Inc.	40.91M	6.50	-1.11	-27.6%	-73.56%	-90.71%		0.09
NANano Labs Ltd	69.28M	3.42	-2.05	-48.18%	-261.01%	-10.18%		0.85
WKEYWISeKey International Holding AG	71.31M	8.86	-3.34	-61.59%	-108.66%	-28.31%		0.10
LAESSEALSQ Corp	764.6M	4.31	-6.34	-63.47%	-141.28%	-42.3%		0.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3.99B	4.32B	5.25B	6.47B	6.73B	9.76B	16.43B	23.6B	22.68B	25.79B
Revenue Growth %	-0.28%	0.08%	0.22%	0.23%	0.04%	0.45%	0.68%	0.44%	-0.04%	0.14%
Cost of Goods Sold+	2.91B	3.32B	3.47B	4.03B	3.86B	5.42B	8.51B	13B	12.22B	13.06B
COGS % of Revenue	0.73%	0.77%	0.66%	0.62%	0.57%	0.55%	0.52%	0.55%	0.54%	0.51%
Gross Profit+	1.08B	1B	1.79B	2.45B	2.87B	4.35B	7.93B	10.6B	10.46B	12.72B
Gross Margin %	0.27%	0.23%	0.34%	0.38%	0.43%	0.45%	0.48%	0.45%	0.46%	0.49%
Gross Profit Growth %	-0.41%	-0.07%	0.78%	0.37%	0.17%	0.52%	0.82%	0.34%	-0.01%	0.22%
Operating Expenses+	1.56B	1.38B	1.66B	2B	2.24B	2.98B	4.28B	9.34B	10.06B	10.82B
OpEx % of Revenue	0.39%	0.32%	0.32%	0.31%	0.33%	0.31%	0.26%	0.4%	0.44%	0.42%
Selling, General & Admin	482M	466M	516M	562M	750M	995M	1.45B	2.34B	2.35B	2.78B
SG&A % of Revenue	0.12%	0.11%	0.1%	0.09%	0.11%	0.1%	0.09%	0.1%	0.1%	0.11%
Research & Development	947M	1.01B	1.2B	1.43B	1.55B	1.98B	2.85B	5B	5.87B	6.46B
R&D % of Revenue	0.24%	0.23%	0.23%	0.22%	0.23%	0.2%	0.17%	0.21%	0.26%	0.25%
Other Operating Expenses	132M	-98M	-52M	0	-60M	0	-12M	2B	1.83B	1.59B
Operating Income+	-481M	-373M	127M	451M	631M	1.37B	3.65B	1.26B	401M	1.9B
Operating Margin %	-0.12%	-0.09%	0.02%	0.07%	0.09%	0.14%	0.22%	0.05%	0.02%	0.07%
Operating Income Growth %	-2.1%	0.22%	1.34%	2.55%	0.4%	1.17%	1.66%	-0.65%	-0.68%	3.74%
EBITDA+	-314M	-240M	271M	621M	889M	1.72B	4.11B	5.53B	3.95B	5.08B
EBITDA Margin %	-0.08%	-0.06%	0.05%	0.1%	0.13%	0.18%	0.25%	0.23%	0.17%	0.2%
EBITDA Growth %	-7.54%	0.24%	2.13%	1.29%	0.43%	0.94%	1.39%	0.34%	-0.28%	0.28%
D&A (Non-Cash Add-back)	167M	133M	144M	170M	258M	354M	463M	4.26B	3.55B	3.18B
EBIT	-486M	-293M	118M	451M	466M	1.32B	3.7B	1.27B	598M	2.08B
Net Interest Income+	-160M	-154M	-120M	-103M	-79M	-39M	-26M	-23M	100M	90M
Interest Income	0	2M	6M	18M	15M	8M	8M	65M	206M	182M
Interest Expense	160M	156M	126M	121M	94M	47M	34M	88M	106M	92M
Other Income/Expense	-165M	-86M	-142M	-123M	-259M	-89M	27M	-66M	107M	122M
Pretax Income+	-646M	-459M	-15M	328M	372M	1.28B	3.67B	1.2B	508M	2.02B
Pretax Margin %	-0.16%	-0.11%	-0%	0.05%	0.06%	0.13%	0.22%	0.05%	0.02%	0.08%
Income Tax+	14M	39M	18M	-9M	31M	-1.21B	513M	-122M	-346M	381M
Effective Tax Rate %	1.02%	1.08%	2.2%	1.03%	0.92%	1.95%	0.86%	1.1%	1.68%	0.81%
Net Income+	-660M	-498M	-33M	337M	341M	2.49B	3.16B	1.32B	854M	1.64B
Net Margin %	-0.17%	-0.12%	-0.01%	0.05%	0.05%	0.26%	0.19%	0.06%	0.04%	0.06%
Net Income Growth %	-0.64%	0.25%	0.93%	11.21%	0.01%	6.3%	0.27%	-0.58%	-0.35%	0.92%
Net Income (Continuing)	-660M	-498M	-33M	337M	341M	2.49B	3.16B	1.32B	854M	1.64B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.84	-0.60	-0.03	0.32	0.30	2.06	2.57	0.84	0.53	1.00
EPS Growth %	-0.62%	0.29%	0.95%	11.67%	-0.06%	5.87%	0.25%	-0.67%	-0.37%	0.89%
EPS (Basic)	-0.84	-0.60	-0.03	0.34	0.31	2.10	2.61	0.85	0.53	1.01
Diluted Shares Outstanding	783M	835M	1.04B	1.06B	1.12B	1.21B	1.23B	1.57B	1.63B	1.64B
Basic Shares Outstanding	783M	835M	952M	982M	1.09B	1.18B	1.21B	1.56B	1.61B	1.62B
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.32B	2.53B	2.63B	3.54B	4.6B	6.14B	8.58B	15.02B	16.77B	19.05B
Cash & Short-Term Investments	785M	1.26B	1.19B	1.16B	1.5B	2.29B	3.61B	5.86B	5.77B	5.13B
Cash Only	785M	1.26B	1.19B	1.08B	1.47B	1.59B	2.54B	4.83B	3.93B	3.79B
Short-Term Investments	0	0	0	78M	37M	695M	1.07B	1.02B	1.84B	1.34B
Accounts Receivable	566M	343M	487M	1.27B	1.88B	2.08B	2.71B	4.13B	5.38B	6.93B
Days Sales Outstanding	51.76	28.99	33.84	71.53	101.89	77.61	60.14	63.84	86.66	98.14
Inventory	678M	751M	694M	845M	982M	1.4B	1.96B	3.77B	4.35B	5.73B
Days Inventory Outstanding	85.01	82.66	73.08	76.57	92.79	94.28	83.9	105.89	129.96	160.25
Other Current Assets	258M	140M	235M	236M	0	0	0	1.26B	1.26B	1.25B
Total Non-Current Assets+	764M	791M	918M	1.02B	1.43B	2.82B	3.84B	52.56B	51.12B	50.18B
Property, Plant & Equipment	188M	164M	261M	348M	705M	849M	1.07B	1.97B	2.22B	2.42B
Fixed Asset Turnover	21.23x	26.34x	20.13x	18.61x	9.55x	11.50x	15.37x	11.96x	10.21x	10.63x
Goodwill	278M	289M	289M	289M	289M	289M	289M	24.18B	24.26B	24.84B
Intangible Assets	189M	234M	239M	226M	210M	229M	323M	24.12B	21.36B	18.93B
Long-Term Investments	0	59M	58M	58M	58M	63M	69M	83M	99M	149M
Other Non-Current Assets	109M	45M	71M	95M	147M	144M	1.16B	2.15B	2.81B	3.15B
Total Assets+	3.08B	3.32B	3.55B	4.56B	6.03B	8.96B	12.42B	67.58B	67.89B	69.23B
Asset Turnover	1.29x	1.30x	1.48x	1.42x	1.12x	1.09x	1.32x	0.35x	0.33x	0.37x
Asset Growth %	-0.18%	0.08%	0.07%	0.28%	0.32%	0.49%	0.39%	4.44%	0%	0.02%
Total Current Liabilities+	1.4B	1.35B	1.51B	1.98B	2.36B	2.42B	4.24B	6.37B	6.69B	7.28B
Accounts Payable	279M	440M	384M	834M	988M	468M	1.32B	2.49B	2.06B	1.99B
Days Payables Outstanding	34.98	48.43	40.44	75.57	93.35	31.54	56.69	70.01	61.38	55.62
Short-Term Debt	230M	0	70M	136M	0	0	312M	0	751M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	0	1000K	1000K	1000K	0
Other Current Liabilities	219M	185M	213M	249M	314M	588M	489M	178M	778M	1.73B
Current Ratio	1.65x	1.88x	1.74x	1.78x	1.95x	2.54x	2.02x	2.36x	2.51x	2.62x
Quick Ratio	1.17x	1.32x	1.28x	1.36x	1.53x	1.96x	1.56x	1.77x	1.86x	1.83x
Cash Conversion Cycle	101.79	63.22	66.48	72.53	101.33	140.36	87.35	99.73	155.24	202.78
Total Non-Current Liabilities+	2.09B	1.56B	1.44B	1.31B	842M	708M	682M	6.46B	5.3B	4.38B
Long-Term Debt	2.01B	1.44B	1.32B	1.11B	486M	330M	1M	2.47B	1.72B	1.72B
Capital Lease Obligations	0	0	0	0	199M	201M	348M	396M	535M	491M
Deferred Tax Liabilities	0	0	0	0	0	0	12M	1.93B	1.2B	349M
Other Non-Current Liabilities	86M	124M	118M	192M	157M	177M	321M	1.66B	1.85B	1.82B
Total Liabilities	3.5B	2.9B	2.96B	3.29B	3.2B	3.13B	4.92B	12.83B	11.99B	11.66B
Total Debt+	2.24B	1.44B	1.4B	1.25B	728M	531M	661M	2.86B	3B	2.21B
Net Debt	1.45B	171M	210M	172M	-738M	-1.06B	-1.87B	-1.97B	-930M	-1.57B
Debt / Equity	-	3.45x	2.34x	0.99x	0.26x	0.09x	0.09x	0.05x	0.05x	0.04x
Debt / EBITDA	-	-	5.15x	2.01x	0.82x	0.31x	0.16x	0.52x	0.76x	0.44x
Net Debt / EBITDA	-	-	0.77x	0.28x	-0.83x	-0.62x	-0.46x	-0.36x	-0.24x	-0.31x
Interest Coverage	-3.01x	-2.39x	1.01x	3.73x	6.71x	29.13x	107.29x	14.36x	3.78x	20.65x
Total Equity+	-412M	416M	596M	1.27B	2.83B	5.84B	7.5B	54.75B	55.89B	57.57B
Equity Growth %	-3.2%	2.01%	0.43%	1.12%	1.23%	1.06%	0.28%	6.3%	0.02%	0.03%
Book Value per Share	-0.53	0.50	0.57	1.19	2.52	4.84	6.10	34.85	34.40	35.17
Total Shareholders' Equity	-412M	416M	596M	1.27B	2.83B	5.84B	7.5B	54.75B	55.89B	57.57B
Common Stock	8M	9M	9M	10M	12M	12M	12M	16M	17M	17M
Retained Earnings	-7.31B	-7.8B	-7.78B	-7.44B	-7.09B	-4.61B	-1.45B	-131M	723M	2.36B
Treasury Stock	-123M	-119M	-108M	-50M	-53M	-131M	-2.13B	-3.1B	-4.51B	-6.11B
Accumulated OCI	-8M	-5M	6M	-8M	0	17M	-3M	-41M	-10M	-69M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-237M	90M	68M	34M	493M	1.07B	3.52B	3.56B	1.67B	3.04B
Operating CF Margin %	-0.06%	0.02%	0.01%	0.01%	0.07%	0.11%	0.21%	0.15%	0.07%	0.12%
Operating CF Growth %	-1.42%	1.38%	-0.24%	-0.5%	13.5%	1.17%	2.29%	0.01%	-0.53%	0.82%
Net Income	-660M	-497M	43M	337M	341M	2.49B	3.16B	1.32B	854M	1.64B
Depreciation & Amortization	167M	133M	144M	170M	258M	354M	463M	4.26B	3.55B	3.18B
Stock-Based Compensation	63M	86M	97M	137M	197M	274M	379M	1.08B	1.38B	1.41B
Deferred Taxes	0	11M	9M	-4M	-4M	-1.22B	308M	-1.5B	-1.02B	-1.16B
Other Non-Cash Items	91M	177M	39M	121M	243M	107M	-17M	253M	-54M	77M
Working Capital Changes	102M	180M	-264M	-727M	-542M	-931M	-774M	-1.85B	-3.05B	-2.1B
Change in Receivables	280M	222M	-89M	-806M	-623M	-209M	-640M	-1.09B	-1.25B	-1.86B
Change in Inventory	-11M	-73M	12M	-151M	-137M	-417M	-556M	-1.4B	-580M	-1.46B
Change in Payables	-156M	58M	-75M	207M	373M	-513M	801M	931M	-419M	-109M
Cash from Investing+	147M	277M	-114M	-170M	-149M	-952M	-686M	2B	-1.42B	-1.1B
Capital Expenditures	-96M	-77M	-113M	-163M	-217M	-294M	-301M	-450M	-546M	-636M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	8M	2M	-2M	71M	27M	27M	-7M	-16M	-11M	-98M
Cash from Financing+	59M	122M	-33M	28M	43M	6M	-1.9B	-3.26B	-1.15B	-2.06B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2M	16M	7M	75M	522M	84M	104M	165M	266M	278M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-333M	13M	-45M	-129M	276M	777M	3.22B	3.12B	1.12B	2.4B
FCF Margin %	-0.08%	0%	-0.01%	-0.02%	0.04%	0.08%	0.2%	0.13%	0.05%	0.09%
FCF Growth %	-0.73%	1.04%	-4.46%	-1.87%	3.14%	1.82%	3.14%	-0.03%	-0.64%	1.15%
FCF per Share	-0.43	0.02	-0.04	-0.12	0.25	0.64	2.62	1.98	0.69	1.47
FCF Conversion (FCF/Net Income)	0.36x	-0.18x	-2.06x	0.10x	1.45x	0.43x	1.11x	2.70x	1.95x	1.85x
Interest Paid	149M	149M	88M	0	0	31M	25M	85M	84M	72M
Taxes Paid	3M	20M	20M	0	0	8M	35M	685M	523M	1.39B

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-24900%	-6.52%	36.2%	16.66%	57.48%	47.43%	4.24%	1.54%	2.89%
Return on Invested Capital (ROIC)	-27.39%	-34.39%	13.68%	30.15%	26.84%	29.93%	52.64%	3.25%	0.56%	2.57%
Gross Margin	27.06%	23.22%	34.02%	37.79%	42.61%	44.53%	48.25%	44.93%	46.12%	49.35%
Net Margin	-16.54%	-11.53%	-0.63%	5.2%	5.07%	25.5%	19.24%	5.59%	3.77%	6.36%
Debt / Equity	-	3.45x	2.34x	0.99x	0.26x	0.09x	0.09x	0.05x	0.05x	0.04x
Interest Coverage	-3.01x	-2.39x	1.01x	3.73x	6.71x	29.13x	107.29x	14.36x	3.78x	20.65x
FCF Conversion	0.36x	-0.18x	-2.06x	0.10x	1.45x	0.43x	1.11x	2.70x	1.95x	1.85x
Revenue Growth	-27.52%	8.22%	21.63%	23.26%	3.95%	45.05%	68.33%	43.61%	-3.9%	13.69%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Data Center	-	-	-	-	-	-	-	6.04B	6.5B	12.58B
Data Center Growth	-	-	-	-	-	-	-	-	7.50%	93.64%
Client	-	-	-	-	-	-	-	6.2B	4.65B	7.05B
Client Growth	-	-	-	-	-	-	-	-	-25.00%	51.67%
Embedded	-	-	-	-	-	-	-	4.55B	5.32B	3.56B
Embedded Growth	-	-	-	-	-	-	-	-	16.89%	-33.15%
Gaming	-	-	-	-	-	-	-	6.8B	6.21B	2.6B
Gaming Growth	-	-	-	-	-	-	-	-	-8.71%	-58.23%
Computing and Graphics	1.8B	1.97B	3.03B	4.13B	4.71B	6.43B	9.33B	-	-	-
Computing and Graphics Growth	-	8.98%	53.99%	36.18%	14.16%	36.59%	45.09%	-	-	-
Graphics and Visual Solutions	2.19B	2.31B	2.3B	2.35B	2.02B	3.33B	7.1B	-	-	-
Graphics and Visual Solutions Growth	-	5.44%	-0.22%	2.17%	-13.96%	64.74%	113.21%	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	984M	923M	1.36B	1.33B	1.76B	2.29B	4.66B	8.05B	7.84B	8.69B
UNITED STATES Growth	-	-6.20%	47.78%	-2.71%	32.93%	30.05%	102.96%	72.87%	-2.63%	10.92%
CHINA	1.15B	1.11B	1.75B	2.52B	1.74B	2.33B	4.1B	5.21B	3.42B	6.23B
CHINA Growth	-	-3.23%	57.67%	44.02%	-31.00%	34.16%	75.87%	27.12%	-34.38%	82.35%
SINGAPORE	356M	571M	551M	728M	597M	1.1B	1.39B	1.38B	2.23B	3.61B
SINGAPORE Growth	-	60.39%	-3.50%	32.12%	-17.99%	83.58%	26.73%	-0.65%	61.67%	61.99%
TAIWAN, PROVINCE OF CHINA	-	-	-	-	719M	1.19B	2.09B	2.37B	1.84B	3.3B
TAIWAN, PROVINCE OF CHINA Growth	-	-	-	-	-	65.09%	76.16%	13.30%	-22.29%	79.30%
JAPAN	1.25B	1.44B	1.24B	1.23B	840M	1.03B	2.38B	4.18B	4.63B	1.77B
JAPAN Growth	-	15.07%	-13.93%	-1.37%	-31.43%	22.98%	130.49%	75.43%	10.82%	-61.83%
Europe	168M	155M	263M	470M	762M	1.11B	1.25B	1.77B	2.03B	1.63B
Europe Growth	-	-7.74%	69.68%	78.71%	62.13%	45.41%	12.73%	41.95%	14.50%	-19.95%
Other Countries	84M	72M	162M	209M	313M	716M	572M	646M	695M	554M
Other Countries Growth	-	-14.29%	125.00%	29.01%	49.76%	128.75%	-20.11%	12.94%	7.59%	-20.29%

Frequently Asked Questions

Valuation & Price

Advanced Micro Devices, Inc. (AMD) has a price-to-earnings (P/E) ratio of 221.0x. This suggests investors expect higher future growth.

Growth & Financials

Advanced Micro Devices, Inc. (AMD) reported $32.03B in revenue for fiscal year 2024. This represents a 388% increase from $6.57B in 2011.

Advanced Micro Devices, Inc. (AMD) grew revenue by 13.7% over the past year. This is steady growth.

Yes, Advanced Micro Devices, Inc. (AMD) is profitable, generating $3.31B in net income for fiscal year 2024 (6.4% net margin).

Dividend & Returns

Advanced Micro Devices, Inc. (AMD) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.

Advanced Micro Devices, Inc. (AMD) generated $5.45B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Advanced Micro Devices, Inc. (AMD) 10-Year Financial Performance & Capital Metrics

AMD • • Industrial / General

TechnologySemiconductorsDigital & Computing SemiconductorsProcessors & Microcontrollers

Revenue $25.79B +13.7%
EBITDA $5.08B +28.5%
Net Income $1.64B +92.2%
EPS (Diluted) 1.00 +88.7%
Gross Margin 49.35% +7.0%
EBITDA Margin 19.69% +13.0%
Operating Margin 7.37% +316.8%
Net Margin 6.36% +69.0%
ROE 2.89% +87.4%
ROIC 2.57% +360.1%
Debt/Equity 0.04 -28.5%
Interest Coverage 20.65 +445.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 36.9%
✓Strong Piotroski F-Score: 8/9
✓Momentum leader: RS Rating 82 (top 18%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 30.8%

✗Weaknesses

✗Weak 3Y average ROE of 2.9%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y16.7%

5Y30.81%

3Y16.2%

TTM31.83%

Profit (Net Income) CAGR

10Y-

5Y36.92%

3Y-19.64%

TTM81.05%

EPS CAGR

10Y-

5Y27.23%

3Y-26.99%

TTM82.96%

ROCE

10Y Avg8.54%

5Y Avg16.75%

3Y Avg2.46%

Latest3.09%

Peer Comparison

Processors & Microcontrollers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AMDAdvanced Micro Devices, Inc.	359.75B	220.97	220.97	13.69%	10.32%	5.44%	0.67%	0.04
LSCCLattice Semiconductor Corporation	11.8B	86.30	196.14	-30.9%	5.5%	3.86%	1.02%	0.02
NVDANVIDIA Corporation	4.52T	185.81	63.20	114.2%	53.01%	83.43%	1.35%	0.13
ICGIntchains Group Limited	57.43M	2.00	1.16	242.68%	6.51%	1.97%		0.00
PXLWPixelworks, Inc.	40.91M	6.50	-1.11	-27.6%	-73.56%	-90.71%		0.09
NANano Labs Ltd	69.28M	3.42	-2.05	-48.18%	-261.01%	-10.18%		0.85
WKEYWISeKey International Holding AG	71.31M	8.86	-3.34	-61.59%	-108.66%	-28.31%		0.10
LAESSEALSQ Corp	764.6M	4.31	-6.34	-63.47%	-141.28%	-42.3%		0.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3.99B	4.32B	5.25B	6.47B	6.73B	9.76B	16.43B	23.6B	22.68B	25.79B
Revenue Growth %	-0.28%	0.08%	0.22%	0.23%	0.04%	0.45%	0.68%	0.44%	-0.04%	0.14%
Cost of Goods Sold+	2.91B	3.32B	3.47B	4.03B	3.86B	5.42B	8.51B	13B	12.22B	13.06B
COGS % of Revenue	0.73%	0.77%	0.66%	0.62%	0.57%	0.55%	0.52%	0.55%	0.54%	0.51%
Gross Profit+	1.08B	1B	1.79B	2.45B	2.87B	4.35B	7.93B	10.6B	10.46B	12.72B
Gross Margin %	0.27%	0.23%	0.34%	0.38%	0.43%	0.45%	0.48%	0.45%	0.46%	0.49%
Gross Profit Growth %	-0.41%	-0.07%	0.78%	0.37%	0.17%	0.52%	0.82%	0.34%	-0.01%	0.22%
Operating Expenses+	1.56B	1.38B	1.66B	2B	2.24B	2.98B	4.28B	9.34B	10.06B	10.82B
OpEx % of Revenue	0.39%	0.32%	0.32%	0.31%	0.33%	0.31%	0.26%	0.4%	0.44%	0.42%
Selling, General & Admin	482M	466M	516M	562M	750M	995M	1.45B	2.34B	2.35B	2.78B
SG&A % of Revenue	0.12%	0.11%	0.1%	0.09%	0.11%	0.1%	0.09%	0.1%	0.1%	0.11%
Research & Development	947M	1.01B	1.2B	1.43B	1.55B	1.98B	2.85B	5B	5.87B	6.46B
R&D % of Revenue	0.24%	0.23%	0.23%	0.22%	0.23%	0.2%	0.17%	0.21%	0.26%	0.25%
Other Operating Expenses	132M	-98M	-52M	0	-60M	0	-12M	2B	1.83B	1.59B
Operating Income+	-481M	-373M	127M	451M	631M	1.37B	3.65B	1.26B	401M	1.9B
Operating Margin %	-0.12%	-0.09%	0.02%	0.07%	0.09%	0.14%	0.22%	0.05%	0.02%	0.07%
Operating Income Growth %	-2.1%	0.22%	1.34%	2.55%	0.4%	1.17%	1.66%	-0.65%	-0.68%	3.74%
EBITDA+	-314M	-240M	271M	621M	889M	1.72B	4.11B	5.53B	3.95B	5.08B
EBITDA Margin %	-0.08%	-0.06%	0.05%	0.1%	0.13%	0.18%	0.25%	0.23%	0.17%	0.2%
EBITDA Growth %	-7.54%	0.24%	2.13%	1.29%	0.43%	0.94%	1.39%	0.34%	-0.28%	0.28%
D&A (Non-Cash Add-back)	167M	133M	144M	170M	258M	354M	463M	4.26B	3.55B	3.18B
EBIT	-486M	-293M	118M	451M	466M	1.32B	3.7B	1.27B	598M	2.08B
Net Interest Income+	-160M	-154M	-120M	-103M	-79M	-39M	-26M	-23M	100M	90M
Interest Income	0	2M	6M	18M	15M	8M	8M	65M	206M	182M
Interest Expense	160M	156M	126M	121M	94M	47M	34M	88M	106M	92M
Other Income/Expense	-165M	-86M	-142M	-123M	-259M	-89M	27M	-66M	107M	122M
Pretax Income+	-646M	-459M	-15M	328M	372M	1.28B	3.67B	1.2B	508M	2.02B
Pretax Margin %	-0.16%	-0.11%	-0%	0.05%	0.06%	0.13%	0.22%	0.05%	0.02%	0.08%
Income Tax+	14M	39M	18M	-9M	31M	-1.21B	513M	-122M	-346M	381M
Effective Tax Rate %	1.02%	1.08%	2.2%	1.03%	0.92%	1.95%	0.86%	1.1%	1.68%	0.81%
Net Income+	-660M	-498M	-33M	337M	341M	2.49B	3.16B	1.32B	854M	1.64B
Net Margin %	-0.17%	-0.12%	-0.01%	0.05%	0.05%	0.26%	0.19%	0.06%	0.04%	0.06%
Net Income Growth %	-0.64%	0.25%	0.93%	11.21%	0.01%	6.3%	0.27%	-0.58%	-0.35%	0.92%
Net Income (Continuing)	-660M	-498M	-33M	337M	341M	2.49B	3.16B	1.32B	854M	1.64B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.84	-0.60	-0.03	0.32	0.30	2.06	2.57	0.84	0.53	1.00
EPS Growth %	-0.62%	0.29%	0.95%	11.67%	-0.06%	5.87%	0.25%	-0.67%	-0.37%	0.89%
EPS (Basic)	-0.84	-0.60	-0.03	0.34	0.31	2.10	2.61	0.85	0.53	1.01
Diluted Shares Outstanding	783M	835M	1.04B	1.06B	1.12B	1.21B	1.23B	1.57B	1.63B	1.64B
Basic Shares Outstanding	783M	835M	952M	982M	1.09B	1.18B	1.21B	1.56B	1.61B	1.62B
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.32B	2.53B	2.63B	3.54B	4.6B	6.14B	8.58B	15.02B	16.77B	19.05B
Cash & Short-Term Investments	785M	1.26B	1.19B	1.16B	1.5B	2.29B	3.61B	5.86B	5.77B	5.13B
Cash Only	785M	1.26B	1.19B	1.08B	1.47B	1.59B	2.54B	4.83B	3.93B	3.79B
Short-Term Investments	0	0	0	78M	37M	695M	1.07B	1.02B	1.84B	1.34B
Accounts Receivable	566M	343M	487M	1.27B	1.88B	2.08B	2.71B	4.13B	5.38B	6.93B
Days Sales Outstanding	51.76	28.99	33.84	71.53	101.89	77.61	60.14	63.84	86.66	98.14
Inventory	678M	751M	694M	845M	982M	1.4B	1.96B	3.77B	4.35B	5.73B
Days Inventory Outstanding	85.01	82.66	73.08	76.57	92.79	94.28	83.9	105.89	129.96	160.25
Other Current Assets	258M	140M	235M	236M	0	0	0	1.26B	1.26B	1.25B
Total Non-Current Assets+	764M	791M	918M	1.02B	1.43B	2.82B	3.84B	52.56B	51.12B	50.18B
Property, Plant & Equipment	188M	164M	261M	348M	705M	849M	1.07B	1.97B	2.22B	2.42B
Fixed Asset Turnover	21.23x	26.34x	20.13x	18.61x	9.55x	11.50x	15.37x	11.96x	10.21x	10.63x
Goodwill	278M	289M	289M	289M	289M	289M	289M	24.18B	24.26B	24.84B
Intangible Assets	189M	234M	239M	226M	210M	229M	323M	24.12B	21.36B	18.93B
Long-Term Investments	0	59M	58M	58M	58M	63M	69M	83M	99M	149M
Other Non-Current Assets	109M	45M	71M	95M	147M	144M	1.16B	2.15B	2.81B	3.15B
Total Assets+	3.08B	3.32B	3.55B	4.56B	6.03B	8.96B	12.42B	67.58B	67.89B	69.23B
Asset Turnover	1.29x	1.30x	1.48x	1.42x	1.12x	1.09x	1.32x	0.35x	0.33x	0.37x
Asset Growth %	-0.18%	0.08%	0.07%	0.28%	0.32%	0.49%	0.39%	4.44%	0%	0.02%
Total Current Liabilities+	1.4B	1.35B	1.51B	1.98B	2.36B	2.42B	4.24B	6.37B	6.69B	7.28B
Accounts Payable	279M	440M	384M	834M	988M	468M	1.32B	2.49B	2.06B	1.99B
Days Payables Outstanding	34.98	48.43	40.44	75.57	93.35	31.54	56.69	70.01	61.38	55.62
Short-Term Debt	230M	0	70M	136M	0	0	312M	0	751M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	0	1000K	1000K	1000K	0
Other Current Liabilities	219M	185M	213M	249M	314M	588M	489M	178M	778M	1.73B
Current Ratio	1.65x	1.88x	1.74x	1.78x	1.95x	2.54x	2.02x	2.36x	2.51x	2.62x
Quick Ratio	1.17x	1.32x	1.28x	1.36x	1.53x	1.96x	1.56x	1.77x	1.86x	1.83x
Cash Conversion Cycle	101.79	63.22	66.48	72.53	101.33	140.36	87.35	99.73	155.24	202.78
Total Non-Current Liabilities+	2.09B	1.56B	1.44B	1.31B	842M	708M	682M	6.46B	5.3B	4.38B
Long-Term Debt	2.01B	1.44B	1.32B	1.11B	486M	330M	1M	2.47B	1.72B	1.72B
Capital Lease Obligations	0	0	0	0	199M	201M	348M	396M	535M	491M
Deferred Tax Liabilities	0	0	0	0	0	0	12M	1.93B	1.2B	349M
Other Non-Current Liabilities	86M	124M	118M	192M	157M	177M	321M	1.66B	1.85B	1.82B
Total Liabilities	3.5B	2.9B	2.96B	3.29B	3.2B	3.13B	4.92B	12.83B	11.99B	11.66B
Total Debt+	2.24B	1.44B	1.4B	1.25B	728M	531M	661M	2.86B	3B	2.21B
Net Debt	1.45B	171M	210M	172M	-738M	-1.06B	-1.87B	-1.97B	-930M	-1.57B
Debt / Equity	-	3.45x	2.34x	0.99x	0.26x	0.09x	0.09x	0.05x	0.05x	0.04x
Debt / EBITDA	-	-	5.15x	2.01x	0.82x	0.31x	0.16x	0.52x	0.76x	0.44x
Net Debt / EBITDA	-	-	0.77x	0.28x	-0.83x	-0.62x	-0.46x	-0.36x	-0.24x	-0.31x
Interest Coverage	-3.01x	-2.39x	1.01x	3.73x	6.71x	29.13x	107.29x	14.36x	3.78x	20.65x
Total Equity+	-412M	416M	596M	1.27B	2.83B	5.84B	7.5B	54.75B	55.89B	57.57B
Equity Growth %	-3.2%	2.01%	0.43%	1.12%	1.23%	1.06%	0.28%	6.3%	0.02%	0.03%
Book Value per Share	-0.53	0.50	0.57	1.19	2.52	4.84	6.10	34.85	34.40	35.17
Total Shareholders' Equity	-412M	416M	596M	1.27B	2.83B	5.84B	7.5B	54.75B	55.89B	57.57B
Common Stock	8M	9M	9M	10M	12M	12M	12M	16M	17M	17M
Retained Earnings	-7.31B	-7.8B	-7.78B	-7.44B	-7.09B	-4.61B	-1.45B	-131M	723M	2.36B
Treasury Stock	-123M	-119M	-108M	-50M	-53M	-131M	-2.13B	-3.1B	-4.51B	-6.11B
Accumulated OCI	-8M	-5M	6M	-8M	0	17M	-3M	-41M	-10M	-69M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-237M	90M	68M	34M	493M	1.07B	3.52B	3.56B	1.67B	3.04B
Operating CF Margin %	-0.06%	0.02%	0.01%	0.01%	0.07%	0.11%	0.21%	0.15%	0.07%	0.12%
Operating CF Growth %	-1.42%	1.38%	-0.24%	-0.5%	13.5%	1.17%	2.29%	0.01%	-0.53%	0.82%
Net Income	-660M	-497M	43M	337M	341M	2.49B	3.16B	1.32B	854M	1.64B
Depreciation & Amortization	167M	133M	144M	170M	258M	354M	463M	4.26B	3.55B	3.18B
Stock-Based Compensation	63M	86M	97M	137M	197M	274M	379M	1.08B	1.38B	1.41B
Deferred Taxes	0	11M	9M	-4M	-4M	-1.22B	308M	-1.5B	-1.02B	-1.16B
Other Non-Cash Items	91M	177M	39M	121M	243M	107M	-17M	253M	-54M	77M
Working Capital Changes	102M	180M	-264M	-727M	-542M	-931M	-774M	-1.85B	-3.05B	-2.1B
Change in Receivables	280M	222M	-89M	-806M	-623M	-209M	-640M	-1.09B	-1.25B	-1.86B
Change in Inventory	-11M	-73M	12M	-151M	-137M	-417M	-556M	-1.4B	-580M	-1.46B
Change in Payables	-156M	58M	-75M	207M	373M	-513M	801M	931M	-419M	-109M
Cash from Investing+	147M	277M	-114M	-170M	-149M	-952M	-686M	2B	-1.42B	-1.1B
Capital Expenditures	-96M	-77M	-113M	-163M	-217M	-294M	-301M	-450M	-546M	-636M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	8M	2M	-2M	71M	27M	27M	-7M	-16M	-11M	-98M
Cash from Financing+	59M	122M	-33M	28M	43M	6M	-1.9B	-3.26B	-1.15B	-2.06B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2M	16M	7M	75M	522M	84M	104M	165M	266M	278M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-333M	13M	-45M	-129M	276M	777M	3.22B	3.12B	1.12B	2.4B
FCF Margin %	-0.08%	0%	-0.01%	-0.02%	0.04%	0.08%	0.2%	0.13%	0.05%	0.09%
FCF Growth %	-0.73%	1.04%	-4.46%	-1.87%	3.14%	1.82%	3.14%	-0.03%	-0.64%	1.15%
FCF per Share	-0.43	0.02	-0.04	-0.12	0.25	0.64	2.62	1.98	0.69	1.47
FCF Conversion (FCF/Net Income)	0.36x	-0.18x	-2.06x	0.10x	1.45x	0.43x	1.11x	2.70x	1.95x	1.85x
Interest Paid	149M	149M	88M	0	0	31M	25M	85M	84M	72M
Taxes Paid	3M	20M	20M	0	0	8M	35M	685M	523M	1.39B

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-24900%	-6.52%	36.2%	16.66%	57.48%	47.43%	4.24%	1.54%	2.89%
Return on Invested Capital (ROIC)	-27.39%	-34.39%	13.68%	30.15%	26.84%	29.93%	52.64%	3.25%	0.56%	2.57%
Gross Margin	27.06%	23.22%	34.02%	37.79%	42.61%	44.53%	48.25%	44.93%	46.12%	49.35%
Net Margin	-16.54%	-11.53%	-0.63%	5.2%	5.07%	25.5%	19.24%	5.59%	3.77%	6.36%
Debt / Equity	-	3.45x	2.34x	0.99x	0.26x	0.09x	0.09x	0.05x	0.05x	0.04x
Interest Coverage	-3.01x	-2.39x	1.01x	3.73x	6.71x	29.13x	107.29x	14.36x	3.78x	20.65x
FCF Conversion	0.36x	-0.18x	-2.06x	0.10x	1.45x	0.43x	1.11x	2.70x	1.95x	1.85x
Revenue Growth	-27.52%	8.22%	21.63%	23.26%	3.95%	45.05%	68.33%	43.61%	-3.9%	13.69%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Data Center	-	-	-	-	-	-	-	6.04B	6.5B	12.58B
Data Center Growth	-	-	-	-	-	-	-	-	7.50%	93.64%
Client	-	-	-	-	-	-	-	6.2B	4.65B	7.05B
Client Growth	-	-	-	-	-	-	-	-	-25.00%	51.67%
Embedded	-	-	-	-	-	-	-	4.55B	5.32B	3.56B
Embedded Growth	-	-	-	-	-	-	-	-	16.89%	-33.15%
Gaming	-	-	-	-	-	-	-	6.8B	6.21B	2.6B
Gaming Growth	-	-	-	-	-	-	-	-	-8.71%	-58.23%
Computing and Graphics	1.8B	1.97B	3.03B	4.13B	4.71B	6.43B	9.33B	-	-	-
Computing and Graphics Growth	-	8.98%	53.99%	36.18%	14.16%	36.59%	45.09%	-	-	-
Graphics and Visual Solutions	2.19B	2.31B	2.3B	2.35B	2.02B	3.33B	7.1B	-	-	-
Graphics and Visual Solutions Growth	-	5.44%	-0.22%	2.17%	-13.96%	64.74%	113.21%	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	984M	923M	1.36B	1.33B	1.76B	2.29B	4.66B	8.05B	7.84B	8.69B
UNITED STATES Growth	-	-6.20%	47.78%	-2.71%	32.93%	30.05%	102.96%	72.87%	-2.63%	10.92%
CHINA	1.15B	1.11B	1.75B	2.52B	1.74B	2.33B	4.1B	5.21B	3.42B	6.23B
CHINA Growth	-	-3.23%	57.67%	44.02%	-31.00%	34.16%	75.87%	27.12%	-34.38%	82.35%
SINGAPORE	356M	571M	551M	728M	597M	1.1B	1.39B	1.38B	2.23B	3.61B
SINGAPORE Growth	-	60.39%	-3.50%	32.12%	-17.99%	83.58%	26.73%	-0.65%	61.67%	61.99%
TAIWAN, PROVINCE OF CHINA	-	-	-	-	719M	1.19B	2.09B	2.37B	1.84B	3.3B
TAIWAN, PROVINCE OF CHINA Growth	-	-	-	-	-	65.09%	76.16%	13.30%	-22.29%	79.30%
JAPAN	1.25B	1.44B	1.24B	1.23B	840M	1.03B	2.38B	4.18B	4.63B	1.77B
JAPAN Growth	-	15.07%	-13.93%	-1.37%	-31.43%	22.98%	130.49%	75.43%	10.82%	-61.83%
Europe	168M	155M	263M	470M	762M	1.11B	1.25B	1.77B	2.03B	1.63B
Europe Growth	-	-7.74%	69.68%	78.71%	62.13%	45.41%	12.73%	41.95%	14.50%	-19.95%
Other Countries	84M	72M	162M	209M	313M	716M	572M	646M	695M	554M
Other Countries Growth	-	-14.29%	125.00%	29.01%	49.76%	128.75%	-20.11%	12.94%	7.59%	-20.29%

Frequently Asked Questions

Valuation & Price

Advanced Micro Devices, Inc. (AMD) has a price-to-earnings (P/E) ratio of 221.0x. This suggests investors expect higher future growth.

Growth & Financials

Advanced Micro Devices, Inc. (AMD) reported $32.03B in revenue for fiscal year 2024. This represents a 388% increase from $6.57B in 2011.

Advanced Micro Devices, Inc. (AMD) grew revenue by 13.7% over the past year. This is steady growth.

Yes, Advanced Micro Devices, Inc. (AMD) is profitable, generating $3.31B in net income for fiscal year 2024 (6.4% net margin).

Dividend & Returns

Advanced Micro Devices, Inc. (AMD) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.

Advanced Micro Devices, Inc. (AMD) generated $5.45B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.