SiTime Corporation (SITM) 10-Year Financial Performance & Capital Metrics

SITM • • Industrial / General

TechnologySemiconductorsAnalog & Mixed-Signal SemiconductorsSensors & Signal Processing

AboutSiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.Show more

Revenue $203M +40.8%
EBITDA -$85M +6.5%
Net Income -$94M -16.2%
EPS (Diluted) -4.05 -11.6%
Gross Margin 51.55% -9.6%
EBITDA Margin -42.02% +33.6%
Operating Margin -56.85% +23.6%
Net Margin -46.18% +17.4%
ROE -13.3% -16.9%
ROIC -12.29% -6.3%
Debt/Equity 0.01 -21.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 88 (top 12%)
✓Strong 5Y sales CAGR of 19.2%

✗Weaknesses

✗Negative free cash flow
✗Expensive at 11.7x book value
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y19.24%

3Y-2.52%

TTM59.04%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM25.22%

EPS CAGR

10Y-

5Y-

3Y-

TTM28.26%

ROCE

10Y Avg-6.98%

5Y Avg-5.27%

3Y Avg-8.61%

Latest-14.34%

Peer Comparison

Sensors & Signal Processing

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ADIAnalog Devices, Inc.	147.92B	302.10	66.25	16.89%	20.58%	6.71%	2.89%	0.26
CRUSCirrus Logic, Inc.	6.29B	123.28	20.55	5.99%	19.48%	18.58%	6.61%	0.07
INDIindie Semiconductor, Inc.	857.05M	4.23	-5.57	-2.91%	-66.45%	-36.77%		0.89
ALGMAllegro MicroSystems, Inc.	6.05B	32.69	-83.82	-30.91%	-3.6%	-2.99%	0.36%	0.40
SITMSiTime Corporation	9.23B	353.52	-87.29	40.77%	-25.18%	-6.42%		0.01

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	101.06M	85.21M	84.07M	116.16M	218.81M	283.61M	143.99M	202.7M
Revenue Growth %	-	-0.16%	-0.01%	0.38%	0.88%	0.3%	-0.49%	0.41%
Cost of Goods Sold+	53.15M	49.01M	44.52M	58.22M	79.35M	100.64M	61.91M	98.2M
COGS % of Revenue	0.53%	0.58%	0.53%	0.5%	0.36%	0.35%	0.43%	0.48%
Gross Profit+	47.92M	36.2M	39.56M	57.93M	139.46M	182.96M	82.09M	104.49M
Gross Margin %	0.47%	0.42%	0.47%	0.5%	0.64%	0.65%	0.57%	0.52%
Gross Profit Growth %	-	-0.24%	0.09%	0.46%	1.41%	0.31%	-0.55%	0.27%
Operating Expenses+	42.33M	43.99M	44.43M	66.55M	106.62M	166.82M	189.29M	219.73M
OpEx % of Revenue	0.42%	0.52%	0.53%	0.57%	0.49%	0.59%	1.31%	1.08%
Selling, General & Admin	21.34M	21.22M	20.64M	34.89M	54.52M	76.53M	83.97M	102.16M
SG&A % of Revenue	0.21%	0.25%	0.25%	0.3%	0.25%	0.27%	0.58%	0.5%
Research & Development	20.99M	22.77M	23.8M	31.65M	52.1M	90.29M	97.59M	106.86M
R&D % of Revenue	0.21%	0.27%	0.28%	0.27%	0.24%	0.32%	0.68%	0.53%
Other Operating Expenses	0	0	0	0	0	0	7.73M	10.72M
Operating Income+	5.59M	-7.79M	-4.87M	-8.61M	32.84M	16.14M	-107.2M	-115.24M
Operating Margin %	0.06%	-0.09%	-0.06%	-0.07%	0.15%	0.06%	-0.74%	-0.57%
Operating Income Growth %	-	-2.39%	0.37%	-0.77%	4.81%	-0.51%	-7.64%	-0.07%
EBITDA+	9.14M	-377K	3.4M	-2.21M	40.77M	27.98M	-91.07M	-85.17M
EBITDA Margin %	0.09%	-0%	0.04%	-0.02%	0.19%	0.1%	-0.63%	-0.42%
EBITDA Growth %	-	-1.04%	10.02%	-1.65%	19.44%	-0.31%	-4.25%	0.06%
D&A (Non-Cash Add-back)	3.55M	7.41M	8.27M	6.4M	7.93M	11.84M	16.13M	30.07M
EBIT	5.56M	-7.86M	-4.9M	-8.61M	32.84M	16.14M	-99.47M	-104.52M
Net Interest Income+	-870K	-1.51M	-1.71M	-726K	0	7.29M	26.96M	22.88M
Interest Income	0	0	0	0	0	7.29M	26.96M	22.88M
Interest Expense	870K	1.51M	1.71M	726K	0	0	0	0
Other Income/Expense	-899K	-1.58M	-1.74M	-758K	-488K	7.19M	26.82M	22.13M
Pretax Income+	4.69M	-9.37M	-6.62M	-9.37M	32.35M	23.34M	-80.38M	-93.11M
Pretax Margin %	0.05%	-0.11%	-0.08%	-0.08%	0.15%	0.08%	-0.56%	-0.46%
Income Tax+	-32K	-26K	-8K	1K	78K	82K	152K	486K
Effective Tax Rate %	1.01%	1%	1%	1%	1%	1%	1%	1.01%
Net Income+	4.72M	-9.34M	-6.61M	-9.37M	32.28M	23.25M	-80.53M	-93.6M
Net Margin %	0.05%	-0.11%	-0.08%	-0.08%	0.15%	0.08%	-0.56%	-0.46%
Net Income Growth %	-	-2.98%	0.29%	-0.42%	4.44%	-0.28%	-4.46%	-0.16%
Net Income (Continuing)	4.72M	-9.34M	-6.61M	-9.37M	32.28M	23.25M	-80.53M	-93.6M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.33	-0.65	-0.63	-0.58	1.53	1.03	-3.63	-4.05
EPS Growth %	-	-2.97%	0.03%	0.08%	3.64%	-0.33%	-4.52%	-0.12%
EPS (Basic)	0.33	-0.65	-0.63	-0.58	1.70	1.09	-3.63	-4.05
Diluted Shares Outstanding	14.3M	14.3M	10.56M	16.06M	21.14M	22.66M	22.19M	23.12M
Basic Shares Outstanding	14.3M	14.3M	10.56M	16.06M	19.01M	21.25M	22.19M	23.12M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	53.73M	53.1M	99.66M	113.18M	625.94M	669.07M	623.24M	544.06M
Cash & Short-Term Investments	9.1M	7.89M	63.42M	73.53M	559.46M	564.1M	528.2M	418.83M
Cash Only	9.1M	7.89M	63.42M	73.53M	559.46M	34.6M	9.47M	6.11M
Short-Term Investments	0	0	0	0	0	529.49M	518.73M	412.73M
Accounts Receivable	22.63M	20.62M	18.73M	24.66M	38.38M	41.23M	21.86M	38.21M
Days Sales Outstanding	81.73	88.31	81.32	77.48	64.02	53.06	55.41	68.8
Inventory	15.38M	20.54M	11.91M	12.35M	23.63M	57.65M	65.54M	76.74M
Days Inventory Outstanding	105.59	153	97.66	77.42	108.7	209.08	386.43	285.23
Other Current Assets	2.4M	2.85M	984K	722K	2.08M	2.97M	4.08M	5.97M
Total Non-Current Assets+	21M	19.59M	23.73M	22.83M	52.27M	81.55M	328.44M	340.9M
Property, Plant & Equipment	12.74M	11.28M	19.08M	20.6M	46.1M	69.62M	62.95M	89.04M
Fixed Asset Turnover	7.93x	7.55x	4.41x	5.64x	4.75x	4.07x	2.29x	2.28x
Goodwill	0	0	0	0	0	0	87.1M	87.1M
Intangible Assets	8.11M	8.14M	4.49M	2.07M	5.98M	5.21M	177.08M	163.56M
Long-Term Investments	0	0	0	0	0	0	0	0
Other Non-Current Assets	144K	162K	162K	162K	193K	6.72M	1.32M	1.2M
Total Assets+	74.73M	72.69M	123.39M	136.01M	678.21M	750.62M	951.68M	884.96M
Asset Turnover	1.35x	1.17x	0.68x	0.85x	0.32x	0.38x	0.15x	0.23x
Asset Growth %	-	-0.03%	0.7%	0.1%	3.99%	0.11%	0.27%	-0.07%
Total Current Liabilities+	54.42M	58.68M	53.31M	19.14M	37.38M	33.79M	121.39M	108.45M
Accounts Payable	5.8M	5.03M	3.87M	6.18M	13.1M	14.88M	8.69M	22.89M
Days Payables Outstanding	39.83	37.42	31.72	38.75	60.28	53.97	51.24	85.09
Short-Term Debt	43M	46M	41M	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	902K	1.58M	1.22M	3.06M	7.86M	4.76M	103.75M	27.63M
Current Ratio	0.99x	0.90x	1.87x	5.91x	16.74x	19.80x	5.13x	5.02x
Quick Ratio	0.70x	0.55x	1.65x	5.27x	16.11x	18.09x	4.59x	4.31x
Cash Conversion Cycle	147.49	203.88	147.26	116.14	112.44	208.17	390.6	268.94
Total Non-Current Liabilities+	2.63M	2.99M	7.94M	6.99M	8.33M	8.34M	122.24M	76.79M
Long-Term Debt	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	7.94M	6.99M	6.4M	8.15M	5.42M	3.49M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	2.63M	2.99M	0	0	1.93M	193K	116.81M	73.3M
Total Liabilities	57.05M	61.67M	61.25M	26.13M	45.71M	42.14M	243.63M	185.24M
Total Debt+	43M	46M	50.81M	8.25M	7.73M	10.63M	8.02M	6.23M
Net Debt	33.9M	38.11M	-12.6M	-65.28M	-551.73M	-23.97M	-1.44M	126K
Debt / Equity	2.43x	4.18x	0.82x	0.08x	0.01x	0.02x	0.01x	0.01x
Debt / EBITDA	4.71x	-	14.95x	-	0.19x	0.38x	-	-
Net Debt / EBITDA	3.71x	-	-3.71x	-	-13.53x	-0.86x	-	-
Interest Coverage	6.43x	-5.15x	-2.84x	-11.86x	-	-	-	-
Total Equity+	17.68M	11.02M	62.14M	109.88M	632.5M	708.48M	708.05M	699.72M
Equity Growth %	-	-0.38%	4.64%	0.77%	4.76%	0.12%	-0%	-0.01%
Book Value per Share	1.24	0.77	5.89	6.84	29.91	31.26	31.91	30.27
Total Shareholders' Equity	17.68M	11.02M	62.14M	109.88M	632.5M	708.48M	708.05M	699.72M
Common Stock	1K	1K	2K	2K	2K	2K	2K	2K
Retained Earnings	-38.08M	-47.42M	-54.02M	-63.4M	-31.12M	-7.87M	-88.4M	-182M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	-6.91M	-10.13M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	2.82M	-1.05M	7.38M	16.6M	59.08M	39.75M	8.06M	23.19M
Operating CF Margin %	0.03%	-0.01%	0.09%	0.14%	0.27%	0.14%	0.06%	0.11%
Operating CF Growth %	-	-1.37%	8.05%	1.25%	2.56%	-0.33%	-0.8%	1.88%
Net Income	4.72M	-9.34M	-6.61M	-9.37M	32.28M	23.25M	-80.53M	-93.6M
Depreciation & Amortization	3.55M	7.41M	8.27M	6.4M	7.93M	11.84M	16.13M	30.07M
Stock-Based Compensation	1.98M	831K	1.38M	16.01M	29.99M	57.41M	76.75M	92.63M
Deferred Taxes	0	0	0	0	0	0	0	0
Other Non-Cash Items	632K	9.16M	330K	2.51M	1.93M	-1.73M	38K	19.11M
Working Capital Changes	-8.06M	-9.11M	4M	1.05M	-13.05M	-51.03M	-4.33M	-25.03M
Change in Receivables	-5.21M	2.01M	1.88M	-5.92M	-13.72M	-2.85M	19.37M	-16.35M
Change in Inventory	-1.14M	-13.98M	8.14M	-2.07M	-13.1M	-36.99M	2M	-14.34M
Change in Payables	-121K	-648K	-1.15M	2.61M	5.83M	2.47M	-5.71M	6.12M
Cash from Investing+	-8.02M	-5.01M	-3.2M	-7.79M	-33.79M	-560.09M	-36.66M	64.76M
Capital Expenditures	-8.02M	-5.01M	-1.43M	-6.1M	-30.88M	-35.65M	-8.95M	-36.22M
CapEx % of Revenue	0.08%	0.06%	0.02%	0.05%	0.14%	0.13%	0.06%	0.18%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	-3.27M	-2.7M	-1.78M	-1.7M	-2.91M	145.07M	-3.3M	908.81M
Cash from Financing+	8.67M	4.85M	51.35M	1.3M	460.65M	-4.52M	3.47M	-91.31M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	3.67M	1.85M	0	-6.5M	-618K	-38.5M	-42.56M	-141.82M
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-5.2M	-6.06M	4.18M	8.81M	25.29M	4.1M	-4.19M	-13.03M
FCF Margin %	-0.05%	-0.07%	0.05%	0.08%	0.12%	0.01%	-0.03%	-0.06%
FCF Growth %	-	-0.17%	1.69%	1.11%	1.87%	-0.84%	-2.02%	-2.11%
FCF per Share	-0.36	-0.42	0.40	0.55	1.20	0.18	-0.19	-0.56
FCF Conversion (FCF/Net Income)	0.60x	0.11x	-1.12x	-1.77x	1.83x	1.71x	-0.10x	-0.25x
Interest Paid	749K	1.31M	2.17M	799K	0	0	0	0
Taxes Paid	158K	1K	1K	1K	24K	58K	199K	88K

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	26.72%	-65.12%	-18.06%	-10.9%	8.7%	3.47%	-11.37%	-13.3%
Return on Invested Capital (ROIC)	8.13%	-11.6%	-7.41%	-13.72%	39.29%	3.16%	-11.56%	-12.29%
Gross Margin	47.41%	42.49%	47.05%	49.87%	63.74%	64.51%	57.01%	51.55%
Net Margin	4.67%	-10.96%	-7.86%	-8.07%	14.75%	8.2%	-55.93%	-46.18%
Debt / Equity	2.43x	4.18x	0.82x	0.08x	0.01x	0.02x	0.01x	0.01x
Interest Coverage	6.43x	-5.15x	-2.84x	-11.86x	-	-	-	-
FCF Conversion	0.60x	0.11x	-1.12x	-1.77x	1.83x	1.71x	-0.10x	-0.25x
Revenue Growth	-	-15.68%	-1.34%	38.16%	88.37%	29.61%	-49.23%	40.77%

Revenue by Segment

	2024
Reportable	202.7M
Reportable Growth	-

Frequently Asked Questions

Growth & Financials

SiTime Corporation (SITM) reported $281.5M in revenue for fiscal year 2024. This represents a 179% increase from $101.1M in 2017.

SiTime Corporation (SITM) grew revenue by 40.8% over the past year. This is strong growth.

SiTime Corporation (SITM) reported a net loss of $70.9M for fiscal year 2024.

Dividend & Returns

SiTime Corporation (SITM) has a return on equity (ROE) of -13.3%. Negative ROE indicates the company is unprofitable.

SiTime Corporation (SITM) generated $19.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

SiTime Corporation (SITM) 10-Year Financial Performance & Capital Metrics

SITM • • Industrial / General

TechnologySemiconductorsAnalog & Mixed-Signal SemiconductorsSensors & Signal Processing

Revenue $203M +40.8%
EBITDA -$85M +6.5%
Net Income -$94M -16.2%
EPS (Diluted) -4.05 -11.6%
Gross Margin 51.55% -9.6%
EBITDA Margin -42.02% +33.6%
Operating Margin -56.85% +23.6%
Net Margin -46.18% +17.4%
ROE -13.3% -16.9%
ROIC -12.29% -6.3%
Debt/Equity 0.01 -21.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 88 (top 12%)
✓Strong 5Y sales CAGR of 19.2%

✗Weaknesses

✗Negative free cash flow
✗Expensive at 11.7x book value
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y19.24%

3Y-2.52%

TTM59.04%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM25.22%

EPS CAGR

10Y-

5Y-

3Y-

TTM28.26%

ROCE

10Y Avg-6.98%

5Y Avg-5.27%

3Y Avg-8.61%

Latest-14.34%

Peer Comparison

Sensors & Signal Processing

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ADIAnalog Devices, Inc.	147.92B	302.10	66.25	16.89%	20.58%	6.71%	2.89%	0.26
CRUSCirrus Logic, Inc.	6.29B	123.28	20.55	5.99%	19.48%	18.58%	6.61%	0.07
INDIindie Semiconductor, Inc.	857.05M	4.23	-5.57	-2.91%	-66.45%	-36.77%		0.89
ALGMAllegro MicroSystems, Inc.	6.05B	32.69	-83.82	-30.91%	-3.6%	-2.99%	0.36%	0.40
SITMSiTime Corporation	9.23B	353.52	-87.29	40.77%	-25.18%	-6.42%		0.01

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	101.06M	85.21M	84.07M	116.16M	218.81M	283.61M	143.99M	202.7M
Revenue Growth %	-	-0.16%	-0.01%	0.38%	0.88%	0.3%	-0.49%	0.41%
Cost of Goods Sold+	53.15M	49.01M	44.52M	58.22M	79.35M	100.64M	61.91M	98.2M
COGS % of Revenue	0.53%	0.58%	0.53%	0.5%	0.36%	0.35%	0.43%	0.48%
Gross Profit+	47.92M	36.2M	39.56M	57.93M	139.46M	182.96M	82.09M	104.49M
Gross Margin %	0.47%	0.42%	0.47%	0.5%	0.64%	0.65%	0.57%	0.52%
Gross Profit Growth %	-	-0.24%	0.09%	0.46%	1.41%	0.31%	-0.55%	0.27%
Operating Expenses+	42.33M	43.99M	44.43M	66.55M	106.62M	166.82M	189.29M	219.73M
OpEx % of Revenue	0.42%	0.52%	0.53%	0.57%	0.49%	0.59%	1.31%	1.08%
Selling, General & Admin	21.34M	21.22M	20.64M	34.89M	54.52M	76.53M	83.97M	102.16M
SG&A % of Revenue	0.21%	0.25%	0.25%	0.3%	0.25%	0.27%	0.58%	0.5%
Research & Development	20.99M	22.77M	23.8M	31.65M	52.1M	90.29M	97.59M	106.86M
R&D % of Revenue	0.21%	0.27%	0.28%	0.27%	0.24%	0.32%	0.68%	0.53%
Other Operating Expenses	0	0	0	0	0	0	7.73M	10.72M
Operating Income+	5.59M	-7.79M	-4.87M	-8.61M	32.84M	16.14M	-107.2M	-115.24M
Operating Margin %	0.06%	-0.09%	-0.06%	-0.07%	0.15%	0.06%	-0.74%	-0.57%
Operating Income Growth %	-	-2.39%	0.37%	-0.77%	4.81%	-0.51%	-7.64%	-0.07%
EBITDA+	9.14M	-377K	3.4M	-2.21M	40.77M	27.98M	-91.07M	-85.17M
EBITDA Margin %	0.09%	-0%	0.04%	-0.02%	0.19%	0.1%	-0.63%	-0.42%
EBITDA Growth %	-	-1.04%	10.02%	-1.65%	19.44%	-0.31%	-4.25%	0.06%
D&A (Non-Cash Add-back)	3.55M	7.41M	8.27M	6.4M	7.93M	11.84M	16.13M	30.07M
EBIT	5.56M	-7.86M	-4.9M	-8.61M	32.84M	16.14M	-99.47M	-104.52M
Net Interest Income+	-870K	-1.51M	-1.71M	-726K	0	7.29M	26.96M	22.88M
Interest Income	0	0	0	0	0	7.29M	26.96M	22.88M
Interest Expense	870K	1.51M	1.71M	726K	0	0	0	0
Other Income/Expense	-899K	-1.58M	-1.74M	-758K	-488K	7.19M	26.82M	22.13M
Pretax Income+	4.69M	-9.37M	-6.62M	-9.37M	32.35M	23.34M	-80.38M	-93.11M
Pretax Margin %	0.05%	-0.11%	-0.08%	-0.08%	0.15%	0.08%	-0.56%	-0.46%
Income Tax+	-32K	-26K	-8K	1K	78K	82K	152K	486K
Effective Tax Rate %	1.01%	1%	1%	1%	1%	1%	1%	1.01%
Net Income+	4.72M	-9.34M	-6.61M	-9.37M	32.28M	23.25M	-80.53M	-93.6M
Net Margin %	0.05%	-0.11%	-0.08%	-0.08%	0.15%	0.08%	-0.56%	-0.46%
Net Income Growth %	-	-2.98%	0.29%	-0.42%	4.44%	-0.28%	-4.46%	-0.16%
Net Income (Continuing)	4.72M	-9.34M	-6.61M	-9.37M	32.28M	23.25M	-80.53M	-93.6M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.33	-0.65	-0.63	-0.58	1.53	1.03	-3.63	-4.05
EPS Growth %	-	-2.97%	0.03%	0.08%	3.64%	-0.33%	-4.52%	-0.12%
EPS (Basic)	0.33	-0.65	-0.63	-0.58	1.70	1.09	-3.63	-4.05
Diluted Shares Outstanding	14.3M	14.3M	10.56M	16.06M	21.14M	22.66M	22.19M	23.12M
Basic Shares Outstanding	14.3M	14.3M	10.56M	16.06M	19.01M	21.25M	22.19M	23.12M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	53.73M	53.1M	99.66M	113.18M	625.94M	669.07M	623.24M	544.06M
Cash & Short-Term Investments	9.1M	7.89M	63.42M	73.53M	559.46M	564.1M	528.2M	418.83M
Cash Only	9.1M	7.89M	63.42M	73.53M	559.46M	34.6M	9.47M	6.11M
Short-Term Investments	0	0	0	0	0	529.49M	518.73M	412.73M
Accounts Receivable	22.63M	20.62M	18.73M	24.66M	38.38M	41.23M	21.86M	38.21M
Days Sales Outstanding	81.73	88.31	81.32	77.48	64.02	53.06	55.41	68.8
Inventory	15.38M	20.54M	11.91M	12.35M	23.63M	57.65M	65.54M	76.74M
Days Inventory Outstanding	105.59	153	97.66	77.42	108.7	209.08	386.43	285.23
Other Current Assets	2.4M	2.85M	984K	722K	2.08M	2.97M	4.08M	5.97M
Total Non-Current Assets+	21M	19.59M	23.73M	22.83M	52.27M	81.55M	328.44M	340.9M
Property, Plant & Equipment	12.74M	11.28M	19.08M	20.6M	46.1M	69.62M	62.95M	89.04M
Fixed Asset Turnover	7.93x	7.55x	4.41x	5.64x	4.75x	4.07x	2.29x	2.28x
Goodwill	0	0	0	0	0	0	87.1M	87.1M
Intangible Assets	8.11M	8.14M	4.49M	2.07M	5.98M	5.21M	177.08M	163.56M
Long-Term Investments	0	0	0	0	0	0	0	0
Other Non-Current Assets	144K	162K	162K	162K	193K	6.72M	1.32M	1.2M
Total Assets+	74.73M	72.69M	123.39M	136.01M	678.21M	750.62M	951.68M	884.96M
Asset Turnover	1.35x	1.17x	0.68x	0.85x	0.32x	0.38x	0.15x	0.23x
Asset Growth %	-	-0.03%	0.7%	0.1%	3.99%	0.11%	0.27%	-0.07%
Total Current Liabilities+	54.42M	58.68M	53.31M	19.14M	37.38M	33.79M	121.39M	108.45M
Accounts Payable	5.8M	5.03M	3.87M	6.18M	13.1M	14.88M	8.69M	22.89M
Days Payables Outstanding	39.83	37.42	31.72	38.75	60.28	53.97	51.24	85.09
Short-Term Debt	43M	46M	41M	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	902K	1.58M	1.22M	3.06M	7.86M	4.76M	103.75M	27.63M
Current Ratio	0.99x	0.90x	1.87x	5.91x	16.74x	19.80x	5.13x	5.02x
Quick Ratio	0.70x	0.55x	1.65x	5.27x	16.11x	18.09x	4.59x	4.31x
Cash Conversion Cycle	147.49	203.88	147.26	116.14	112.44	208.17	390.6	268.94
Total Non-Current Liabilities+	2.63M	2.99M	7.94M	6.99M	8.33M	8.34M	122.24M	76.79M
Long-Term Debt	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	7.94M	6.99M	6.4M	8.15M	5.42M	3.49M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	2.63M	2.99M	0	0	1.93M	193K	116.81M	73.3M
Total Liabilities	57.05M	61.67M	61.25M	26.13M	45.71M	42.14M	243.63M	185.24M
Total Debt+	43M	46M	50.81M	8.25M	7.73M	10.63M	8.02M	6.23M
Net Debt	33.9M	38.11M	-12.6M	-65.28M	-551.73M	-23.97M	-1.44M	126K
Debt / Equity	2.43x	4.18x	0.82x	0.08x	0.01x	0.02x	0.01x	0.01x
Debt / EBITDA	4.71x	-	14.95x	-	0.19x	0.38x	-	-
Net Debt / EBITDA	3.71x	-	-3.71x	-	-13.53x	-0.86x	-	-
Interest Coverage	6.43x	-5.15x	-2.84x	-11.86x	-	-	-	-
Total Equity+	17.68M	11.02M	62.14M	109.88M	632.5M	708.48M	708.05M	699.72M
Equity Growth %	-	-0.38%	4.64%	0.77%	4.76%	0.12%	-0%	-0.01%
Book Value per Share	1.24	0.77	5.89	6.84	29.91	31.26	31.91	30.27
Total Shareholders' Equity	17.68M	11.02M	62.14M	109.88M	632.5M	708.48M	708.05M	699.72M
Common Stock	1K	1K	2K	2K	2K	2K	2K	2K
Retained Earnings	-38.08M	-47.42M	-54.02M	-63.4M	-31.12M	-7.87M	-88.4M	-182M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	-6.91M	-10.13M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	2.82M	-1.05M	7.38M	16.6M	59.08M	39.75M	8.06M	23.19M
Operating CF Margin %	0.03%	-0.01%	0.09%	0.14%	0.27%	0.14%	0.06%	0.11%
Operating CF Growth %	-	-1.37%	8.05%	1.25%	2.56%	-0.33%	-0.8%	1.88%
Net Income	4.72M	-9.34M	-6.61M	-9.37M	32.28M	23.25M	-80.53M	-93.6M
Depreciation & Amortization	3.55M	7.41M	8.27M	6.4M	7.93M	11.84M	16.13M	30.07M
Stock-Based Compensation	1.98M	831K	1.38M	16.01M	29.99M	57.41M	76.75M	92.63M
Deferred Taxes	0	0	0	0	0	0	0	0
Other Non-Cash Items	632K	9.16M	330K	2.51M	1.93M	-1.73M	38K	19.11M
Working Capital Changes	-8.06M	-9.11M	4M	1.05M	-13.05M	-51.03M	-4.33M	-25.03M
Change in Receivables	-5.21M	2.01M	1.88M	-5.92M	-13.72M	-2.85M	19.37M	-16.35M
Change in Inventory	-1.14M	-13.98M	8.14M	-2.07M	-13.1M	-36.99M	2M	-14.34M
Change in Payables	-121K	-648K	-1.15M	2.61M	5.83M	2.47M	-5.71M	6.12M
Cash from Investing+	-8.02M	-5.01M	-3.2M	-7.79M	-33.79M	-560.09M	-36.66M	64.76M
Capital Expenditures	-8.02M	-5.01M	-1.43M	-6.1M	-30.88M	-35.65M	-8.95M	-36.22M
CapEx % of Revenue	0.08%	0.06%	0.02%	0.05%	0.14%	0.13%	0.06%	0.18%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	-3.27M	-2.7M	-1.78M	-1.7M	-2.91M	145.07M	-3.3M	908.81M
Cash from Financing+	8.67M	4.85M	51.35M	1.3M	460.65M	-4.52M	3.47M	-91.31M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	3.67M	1.85M	0	-6.5M	-618K	-38.5M	-42.56M	-141.82M
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-5.2M	-6.06M	4.18M	8.81M	25.29M	4.1M	-4.19M	-13.03M
FCF Margin %	-0.05%	-0.07%	0.05%	0.08%	0.12%	0.01%	-0.03%	-0.06%
FCF Growth %	-	-0.17%	1.69%	1.11%	1.87%	-0.84%	-2.02%	-2.11%
FCF per Share	-0.36	-0.42	0.40	0.55	1.20	0.18	-0.19	-0.56
FCF Conversion (FCF/Net Income)	0.60x	0.11x	-1.12x	-1.77x	1.83x	1.71x	-0.10x	-0.25x
Interest Paid	749K	1.31M	2.17M	799K	0	0	0	0
Taxes Paid	158K	1K	1K	1K	24K	58K	199K	88K

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	26.72%	-65.12%	-18.06%	-10.9%	8.7%	3.47%	-11.37%	-13.3%
Return on Invested Capital (ROIC)	8.13%	-11.6%	-7.41%	-13.72%	39.29%	3.16%	-11.56%	-12.29%
Gross Margin	47.41%	42.49%	47.05%	49.87%	63.74%	64.51%	57.01%	51.55%
Net Margin	4.67%	-10.96%	-7.86%	-8.07%	14.75%	8.2%	-55.93%	-46.18%
Debt / Equity	2.43x	4.18x	0.82x	0.08x	0.01x	0.02x	0.01x	0.01x
Interest Coverage	6.43x	-5.15x	-2.84x	-11.86x	-	-	-	-
FCF Conversion	0.60x	0.11x	-1.12x	-1.77x	1.83x	1.71x	-0.10x	-0.25x
Revenue Growth	-	-15.68%	-1.34%	38.16%	88.37%	29.61%	-49.23%	40.77%

Revenue by Segment

	2024
Reportable	202.7M
Reportable Growth	-

Frequently Asked Questions

Growth & Financials

SiTime Corporation (SITM) reported $281.5M in revenue for fiscal year 2024. This represents a 179% increase from $101.1M in 2017.

SiTime Corporation (SITM) grew revenue by 40.8% over the past year. This is strong growth.

SiTime Corporation (SITM) reported a net loss of $70.9M for fiscal year 2024.

Dividend & Returns

SiTime Corporation (SITM) has a return on equity (ROE) of -13.3%. Negative ROE indicates the company is unprofitable.

SiTime Corporation (SITM) generated $19.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.