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Alpha and Omega Semiconductor Limited (AOSL) 10-Year Financial Performance & Capital Metrics

AOSL • • Industrial / General
TechnologySemiconductorsAnalog & Mixed-Signal SemiconductorsPower Management & Analog ICs
AboutAlpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, e-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding. The company also provides power ICs that deliver power, as well as control and regulate the power management variables, such as the flow of current and level of voltage. Its power ICs are used in flat panel displays, TVs, Notebooks, graphic cards, servers, DVD/Blu-Ray players, set-top boxes, and networking equipment. In addition, the company offers aMOS5 MOSFET for quick charger, adapter, PC power, server, industrial power, telecom, and datacenter applications; and Transient Voltage Suppressors for laptops, televisions, and other electronic devices. Further, it provides EZBuck regulators; SOA MOSFET for hot swap applications; RigidCSP for battery management; and Type-C power delivery protection switches. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.Show more
  • Revenue $696M +5.9%
  • EBITDA $34M -32.1%
  • Net Income -$97M -775.2%
  • EPS (Diluted) -3.30 -746.2%
  • Gross Margin 23.13% -11.6%
  • EBITDA Margin 4.88% -35.9%
  • Operating Margin -4.08% -614.7%
  • Net Margin -13.93% -726.3%
  • ROE -11.32% -806.6%
  • ROIC -2.84% -680.9%
  • Debt/Equity 0.06 -17.9%
  • Interest Coverage -10.78
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Healthy 5Y average net margin of 10.7%
  • ✓Trading at only 0.8x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.82%
5Y8.41%
3Y-3.62%
TTM5.81%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-398.9%

EPS CAGR

10Y-
5Y-
3Y-
TTM-384.66%

ROCE

10Y Avg2.43%
5Y Avg4.13%
3Y Avg-0.41%
Latest-3.04%

Peer Comparison

Power Management & Analog ICs
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Valuation
Per Share
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
POWIPower Integrations, Inc.2.41B43.4877.64-5.75%4.03%2.67%2.66%
DIODDiodes Incorporated2.67B57.4760.49-21.1%4.49%3.3%1.74%0.05
TXNTexas Instruments Incorporated171.84B189.1236.37-10.72%29.21%30.33%0.87%0.80
MPWRMonolithic Power Systems, Inc.48.36B1009.5427.5921.2%71.22%53.12%1.33%0.01
STMSTMicroelectronics N.V.24.88B28.0016.87-23.24%5.29%3.42%0.18
ONON Semiconductor Corporation24.26B60.2816.61-14.19%5.16%4.03%5%0.38
MXMagnachip Semiconductor Corporation103.99M2.89-2.010.73%-18.84%-14.85%0.11
AOSLAlpha and Omega Semiconductor Limited676.08M22.49-6.825.92%-13.86%-11.58%0.06

Profit & Loss

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+335.66M383.34M421.55M450.92M464.91M656.9M777.55M691.32M657.27M696.16M
Revenue Growth %0.02%0.14%0.1%0.07%0.03%0.41%0.18%-0.11%-0.05%0.06%
Cost of Goods Sold+269.84M291.52M309.63M335.54M362.18M452.36M509M491.79M485.36M535.16M
COGS % of Revenue0.8%0.76%0.73%0.74%0.78%0.69%0.65%0.71%0.74%0.77%
Gross Profit+65.82M91.82M111.93M115.38M102.73M204.54M268.56M199.54M171.92M161M
Gross Margin %0.2%0.24%0.27%0.26%0.22%0.31%0.35%0.29%0.26%0.23%
Gross Profit Growth %0.09%0.39%0.22%0.03%-0.11%0.99%0.31%-0.26%-0.14%-0.06%
Operating Expenses+63.88M78.68M103.51M122.4M116.67M140.47M166.52M177.01M175.67M189.44M
OpEx % of Revenue0.19%0.21%0.25%0.27%0.25%0.21%0.21%0.26%0.27%0.27%
Selling, General & Admin37.87M48.84M66.16M75.97M64.82M77.51M95.26M88.86M85.73M95.17M
SG&A % of Revenue0.11%0.13%0.16%0.17%0.14%0.12%0.12%0.13%0.13%0.14%
Research & Development26.01M29.84M37.34M46.43M51.25M62.95M71.26M88.15M89.94M94.27M
R&D % of Revenue0.08%0.08%0.09%0.1%0.11%0.1%0.09%0.13%0.14%0.14%
Other Operating Expenses432K000600K00000
Operating Income+1.51M13.14M8.42M-7.02M-13.94M64.08M102.04M22.53M-3.76M-28.44M
Operating Margin %0%0.03%0.02%-0.02%-0.03%0.1%0.13%0.03%-0.01%-0.04%
Operating Income Growth %1.4%7.7%-0.36%-1.83%-0.99%5.6%0.59%-0.78%-1.17%-6.57%
EBITDA+28.81M40.33M37.84M25.02M31.15M116.76M144.89M65.74M50M33.96M
EBITDA Margin %0.09%0.11%0.09%0.06%0.07%0.18%0.19%0.1%0.08%0.05%
EBITDA Growth %0.21%0.4%-0.06%-0.34%0.25%2.75%0.24%-0.55%-0.24%-0.32%
D&A (Non-Cash Add-back)27.3M27.19M29.42M32.04M45.09M52.69M42.85M43.21M53.76M62.4M
EBIT1.01M13.14M8.42M-7.02M-15.17M66.53M102.04M24.57M1.34M-25.16M
Net Interest Income+-23K-91K-2.76M-6.36M-2.74M-6.31M-3.92M-1.09M1.19M1.64M
Interest Income000000001.19M4.28M
Interest Expense23K91K2.76M6.36M2.74M6.31M3.92M1.09M02.64M
Other Income/Expense-521K-232K-2.76M-6.36M-3.97M-3.85M390.4M-4.23M-3.68M-77.17M
Pretax Income+989K12.91M5.66M-13.38M-17.91M60.22M492.44M18.3M-7.43M-105.6M
Pretax Margin %0%0.03%0.01%-0.03%-0.04%0.09%0.63%0.03%-0.01%-0.15%
Income Tax+4.02M3.65M708K1.26M348K3.94M39.26M5.94M3.65M-8.63M
Effective Tax Rate %-2.96%1.07%2.52%1.09%0.37%0.96%0.92%0.68%1.49%0.92%
Net Income+-2.93M13.83M14.26M-14.64M-6.6M58.12M453.16M12.36M-11.08M-96.98M
Net Margin %-0.01%0.04%0.03%-0.03%-0.01%0.09%0.58%0.02%-0.02%-0.14%
Net Income Growth %0.63%5.72%0.03%-2.03%0.55%9.81%6.8%-0.97%-1.9%-7.75%
Net Income (Continuing)-3.03M9.26M4.95M-14.64M-18.26M56.29M453.18M12.36M-11.08M-96.98M
Discontinued Operations0000000000
Minority Interest-103K27.78M147.57M152.26M138.2M143.12M0000
EPS (Diluted)+-0.130.560.57-0.59-0.732.1316.070.42-0.39-3.30
EPS Growth %0.57%5.31%0.02%-2.04%-0.24%3.92%6.54%-0.97%-1.93%-7.46%
EPS (Basic)-0.130.590.60-0.61-0.732.2516.930.45-0.39-3.30
Diluted Shares Outstanding22.45M24.83M24.84M24.7M24.84M27.27M28.2M29.53M28.24M29.41M
Basic Shares Outstanding22.45M23.53M23.9M24.06M24.84M25.79M26.76M27.55M28.24M29.41M
Dividend Payout Ratio----------

Balance Sheet

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+187.93M225.48M285.21M295.3M318.33M407.32M549.59M423.94M398M396.16M
Cash & Short-Term Investments87.77M115.71M131.53M121.89M158.54M202.41M314.35M195.19M175.13M153.08M
Cash Only87.77M115.71M131.53M121.89M158.54M202.41M314.35M195.19M175.13M153.08M
Short-Term Investments0000000000
Accounts Receivable26.59M29.03M52.03M24.68M14.98M39.6M67.19M23.97M15.93M37M
Days Sales Outstanding28.9227.6445.0519.9711.762231.5412.658.8519.4
Inventory68.85M76.25M90.18M111.64M135.53M154.29M158.04M183.25M195.75M189.68M
Days Inventory Outstanding93.1395.48106.31121.44136.58124.5113.33136147.21129.37
Other Current Assets4.71M2.93M26.16M33.3M2.19M233K299K415K413K419K
Total Non-Current Assets+130.57M172.93M381.84M444.1M474.61M511.25M749.04M775.8M747.01M638.14M
Property, Plant & Equipment116.08M148.19M331.66M409.74M439.79M478.3M350.24M385.17M363.71M338.72M
Fixed Asset Turnover2.89x2.59x1.27x1.10x1.06x1.37x2.22x1.79x1.81x2.06x
Goodwill269K269K269K269K269K269K269K269K269K269K
Intangible Assets15K13K16.32M16.61M25M22.46M9.78M6.5M3.25M0
Long-Term Investments100K700K700K700K100K100K378.48M366.72M356.14M279.12M
Other Non-Current Assets1.98M19.16M28M11.96M4.67M4.96M9.68M16.61M23.1M19.43M
Total Assets+318.5M398.41M667.05M739.39M792.94M918.57M1.3B1.2B1.15B1.03B
Asset Turnover1.05x0.96x0.63x0.61x0.59x0.72x0.60x0.58x0.57x0.67x
Asset Growth %-0.09%0.25%0.67%0.11%0.07%0.16%0.41%-0.08%-0.05%-0.1%
Total Current Liabilities+69.48M94.91M154.68M177.96M192.06M233.23M267.72M172.56M154.23M154.51M
Accounts Payable42.72M63.13M92.66M94.38M86.18M80.7M87.38M50.77M45.08M60.04M
Days Payables Outstanding57.7879.05109.23102.6786.8565.1162.6637.6833.940.95
Short-Term Debt003.81M26.61M30.11M58.03M25.56M11.43M11.63M11.85M
Deferred Revenue (Current)997K814K1000K01000K1000K1000K1000K1000K1000K
Other Current Liabilities12.38M14.66M31.36M29.23M19.97M32.76M34.68M15.63M14.95M17.77M
Current Ratio2.70x2.38x1.84x1.66x1.66x1.75x2.05x2.46x2.58x2.56x
Quick Ratio1.71x1.57x1.26x1.03x0.95x1.08x1.46x1.39x1.31x1.34x
Cash Conversion Cycle64.2644.0742.1238.7561.4981.3982.21110.97122.15107.82
Total Non-Current Liabilities+6.99M4.95M86.21M118.14M168.99M169.02M176.81M143.26M99.17M57.46M
Long-Term Debt0026.79M59.38M99.78M77.99M42.49M38.36M26.72M14.87M
Capital Lease Obligations1.7M866K56.79M43.38M57.1M43.14M24.81M23.76M22.78M18.2M
Deferred Tax Liabilities2.97M2.66M713K466K496K3.67M28.76M27.28M26.42M13.19M
Other Non-Current Liabilities2.32M1.42M1.92M14.91M3.63M2.22M10.46M7.46M3.59M4.2M
Total Liabilities76.47M99.86M240.89M296.11M361.05M402.25M444.54M315.82M253.41M211.97M
Total Debt+819K1.69M91.88M146.21M206.4M201.56M97.51M78.8M67.21M50.91M
Net Debt-86.95M-114.01M-39.66M24.32M47.87M-851K-216.84M-116.38M-107.92M-102.17M
Debt / Equity0.00x0.01x0.22x0.33x0.48x0.39x0.11x0.09x0.08x0.06x
Debt / EBITDA0.03x0.04x2.43x5.84x6.63x1.73x0.67x1.20x1.34x1.50x
Net Debt / EBITDA-3.02x-2.83x-1.05x0.97x1.54x-0.01x-1.50x-1.77x-2.16x-3.01x
Interest Coverage65.65x144.44x3.05x-1.10x-5.08x10.16x26.03x20.73x--10.78x
Total Equity+242.04M298.55M426.16M443.29M431.89M516.33M854.09M883.92M891.61M822.33M
Equity Growth %-0.12%0.23%0.43%0.04%-0.03%0.2%0.65%0.03%0.01%-0.08%
Book Value per Share10.7812.0317.1517.9517.3918.9330.2829.9331.5827.97
Total Shareholders' Equity242.14M270.77M278.59M291.02M293.69M373.2M854.09M883.92M891.61M822.33M
Common Stock57K59K61K62K64K66K68K70K72K74K
Retained Earnings100.07M113.91M122.64M125.48M118.83M176.9M629.99M642.29M631.06M533.93M
Treasury Stock-50.2M-49.84M-64.79M-66.24M-66.18M-66.06M-66M-79.36M-79.21M-79.06M
Accumulated OCI769K306K440K-2.69M-5.13M2.31M1.08M-8.11M-13.42M-12.39M
Minority Interest-103K27.78M147.57M152.26M138.2M143.12M0000

Cash Flow

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+40.18M42.65M3.48M31.42M62.31M128.74M218.87M20.47M25.71M29.67M
Operating CF Margin %0.12%0.11%0.01%0.07%0.13%0.2%0.28%0.03%0.04%0.04%
Operating CF Growth %0.48%0.06%-0.92%8.03%0.98%1.07%0.7%-0.91%0.26%0.15%
Net Income-3.03M9.26M4.95M-14.64M-6.6M58.12M453.16M12.36M-11.08M-96.98M
Depreciation & Amortization27.3M27.19M29.42M32.04M45.09M52.69M42.85M43.21M53.76M62.4M
Stock-Based Compensation4.31M6.63M11.41M13.18M00037.49M00
Deferred Taxes871K7.22M-2.24M-452K85K1.55M1.59M-1.42M-880K-13.27M
Other Non-Cash Items527K-425K45K21K-709K13.92M-331.99M-69.66M26.51M108.6M
Working Capital Changes10.2M-7.23M-40.1M1.27M24.45M2.47M53.25M-1.51M-42.59M-31.08M
Change in Receivables12.19M-1.82M-5.34M9.24M11.02M-22.52M-30.09M43.26M9.87M-22.23M
Change in Inventory-4.67M-7.41M-13.93M-21.46M-22.79M-18.77M-57.42M-25.21M-12.5M6.07M
Change in Payables-1.16M4.51M4.87M6.41M-1.78M-528K23.75M-19.57M-2.41M13.29M
Cash from Investing+-21.72M-55.62M-194.09M-112.44M-60.85M-72.54M-130.82M-109.63M-35.74M-36.44M
Capital Expenditures-21.9M-55.59M-194.13M-112.46M-62.4M-72.7M-138.01M-110.43M-37.09M-37.18M
CapEx % of Revenue0.07%0.15%0.46%0.25%0.13%0.11%0.18%0.16%0.06%0.05%
Acquisitions----------
Investments----------
Other Investing180K570K38K-24M1.25M119K1.44M631K961K678K
Cash from Financing+-36.69M40.81M206.95M75.1M37.65M-18.99M21.85M-29.61M-9.9M-15.5M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing6.33M41.63M133.95M27.02M-1.51M-6.92M-8.64M2.6M-7.68M-10.7M
Net Change in Cash----------
Free Cash Flow+18.28M-12.94M-190.65M-81.03M-83K56.04M80.85M-89.95M-11.38M-7.51M
FCF Margin %0.05%-0.03%-0.45%-0.18%-0%0.09%0.1%-0.13%-0.02%-0.01%
FCF Growth %2.24%-1.71%-13.73%0.57%1%676.23%0.44%-2.11%0.87%0.34%
FCF per Share0.81-0.52-7.67-3.28-0.002.062.87-3.05-0.40-0.26
FCF Conversion (FCF/Net Income)-13.72x3.08x0.24x-2.15x-9.45x2.22x0.48x1.66x-2.32x-0.31x
Interest Paid9K70K700K6.58M0003.71M00
Taxes Paid3.14M2.55M2.98M1.84M0001.54M00

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-1.13%5.12%3.94%-3.37%-1.51%12.26%66.14%1.42%-1.25%-11.32%
Return on Invested Capital (ROIC)0.69%5.81%2.21%-1.23%-2.21%9.66%13.28%2.41%-0.36%-2.84%
Gross Margin19.61%23.95%26.55%25.59%22.1%31.14%34.54%28.86%26.16%23.13%
Net Margin-0.87%3.61%3.38%-3.25%-1.42%8.85%58.28%1.79%-1.69%-13.93%
Debt / Equity0.00x0.01x0.22x0.33x0.48x0.39x0.11x0.09x0.08x0.06x
Interest Coverage65.65x144.44x3.05x-1.10x-5.08x10.16x26.03x20.73x--10.78x
FCF Conversion-13.72x3.08x0.24x-2.15x-9.45x2.22x0.48x1.66x-2.32x-0.31x
Revenue Growth2.36%14.2%9.97%6.97%3.1%41.3%18.37%-11.09%-4.92%5.92%

Revenue by Segment

2016201720182019202020212022202320242025
Power Discrete252.06M288.79M342.15M371.84M391.94M482.72M545.13M458.8M426.15M449.51M
Power Discrete Growth-14.57%18.48%8.68%5.41%23.16%12.93%-15.84%-7.12%5.48%
Power IC69.34M82.39M67.08M70.22M66.36M161.73M220.88M218.62M205.78M229.93M
Power IC Growth-18.81%-18.58%4.67%-5.49%143.71%36.58%-1.02%-5.87%11.73%
License And Development Services-------9.9M21.2M13.8M
License And Development Services Growth--------114.14%-34.91%
Packaging and testing services14.25M12.16M12.32M8.87M6.61M12.46M11.54M3.98M4.12M2.89M
Packaging and testing services Growth--14.69%1.33%-28.03%-25.48%88.53%-7.41%-65.50%3.52%-29.89%

Revenue by Geography

2016201720182019202020212022202320242025
HONG KONG--340.18M355.06M383.41M538.07M630.24M561.86M524.79M617.57M
HONG KONG Growth---4.37%7.99%40.34%17.13%-10.85%-6.60%17.68%
CHINA37.44M59.36M71.21M81.95M64.06M106.81M120.98M84.55M95.42M58.51M
CHINA Growth-58.53%19.97%15.08%-21.84%66.74%13.26%-30.11%12.86%-38.68%
Other Countries--3.44M4.3M2.6M1.03M2.06M16.01M22.18M14.29M
Other Countries Growth---24.95%-39.45%-60.27%99.42%675.58%38.52%-35.56%
UNITED STATES3.11M4.04M5.66M7.01M4.46M5.49M12.47M19.74M4.94M4.09M
UNITED STATES Growth-29.81%40.15%23.98%-36.35%23.00%127.06%58.33%-74.99%-17.11%
KOREA, REPUBLIC OF--1.06M2.59M10.37M5.5M11.8M9.17M9.96M1.69M
KOREA, REPUBLIC OF Growth---144.11%300.39%-46.99%114.70%-22.32%8.60%-83.02%

Frequently Asked Questions

Growth & Financials

Alpha and Omega Semiconductor Limited (AOSL) reported $696.8M in revenue for fiscal year 2025. This represents a 104% increase from $342.3M in 2012.

Alpha and Omega Semiconductor Limited (AOSL) grew revenue by 5.9% over the past year. This is steady growth.

Alpha and Omega Semiconductor Limited (AOSL) reported a net loss of $96.6M for fiscal year 2025.

Dividend & Returns

Alpha and Omega Semiconductor Limited (AOSL) has a return on equity (ROE) of -11.3%. Negative ROE indicates the company is unprofitable.

Alpha and Omega Semiconductor Limited (AOSL) had negative free cash flow of $11.6M in fiscal year 2025, likely due to heavy capital investments.

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