MaxLinear, Inc. (MXL) Financial Ratios
19 years of historical data (2007–2025) · Technology · Semiconductors
EV/EBITDA
↓
N/A
—
5yr avg: 30.65
30Y Low10.5·High55.0
P/FCF
↑
1041.08
↑+858% vs avg
5yr avg: 108.73
30Y Low7.9·High168.9
P/B Ratio
↓
15.64
↑+205% vs avg
5yr avg: 5.14
30Y Low1.7·High12.3
ROE
↓
-28.2%
↑-190% vs avg
5yr avg: -9.8%
30Y Low-41%·High27%
Debt/EBITDA
↑
N/A
—
5yr avg: 2.07
30Y Low0.0·High5.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MXL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
MaxLinear, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 1041.1x P/FCF, 858% above the 5-year average of 108.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.3B | $1.5B | $1.7B | $1.9B | $2.7B | $6.0B | $2.8B | $1.5B | $1.2B | $1.8B | $1.5B |
| Enterprise Value | $7.4B | $1.6B | $1.7B | $1.9B | $2.7B | $6.2B | $3.0B | $1.6B | $1.4B | $2.0B | $1.4B |
| P/E Ratio → | -51.67 | — | — | — | 21.90 | 142.25 | — | — | — | — | 23.96 |
| P/S Ratio | 15.63 | 3.23 | 4.59 | 2.77 | 2.45 | 6.73 | 5.84 | 4.75 | 3.13 | 4.16 | 3.80 |
| P/B Ratio | 15.64 | 3.34 | 3.20 | 2.80 | 4.06 | 12.28 | 7.14 | 3.63 | 3.01 | 4.52 | 4.18 |
| P/FCF | 1041.08 | 214.96 | — | 165.50 | 7.90 | 46.55 | 45.71 | 21.08 | 12.71 | 25.89 | 13.55 |
| P/OCF | 372.57 | 76.93 | — | 76.60 | 7.06 | 35.71 | 37.95 | 19.23 | 11.74 | 23.32 | 12.57 |
P/E links to full P/E history page with 30-year chart
MXL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.41 | 4.67 | 2.72 | 2.42 | 6.97 | 6.34 | 5.15 | 3.62 | 4.82 | 3.59 |
| EV / EBITDA | — | — | — | 40.48 | 10.54 | 40.93 | — | 36.41 | 21.11 | 30.40 | 13.89 |
| EV / EBIT | — | — | — | — | 14.74 | 102.13 | — | — | — | — | 21.82 |
| EV / FCF | — | 226.80 | — | 162.87 | 7.81 | 48.16 | 49.69 | 22.88 | 14.68 | 29.95 | 12.79 |
MXL Profitability
Margins and return-on-capital ratios measuring operating efficiency
MaxLinear, Inc. earns an operating margin of -27.1%. Operating margins have compressed from -2.3% to -27.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -28.2% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.8% | 56.8% | 53.4% | 55.2% | 56.9% | 52.9% | 39.5% | 45.6% | 45.9% | 42.5% | 59.3% |
| Operating Margin | -27.1% | -27.1% | -46.8% | -2.3% | 16.5% | 7.6% | -17.3% | -6.1% | -3.4% | -0.0% | 19.0% |
| Net Profit Margin | -29.2% | -29.2% | -68.0% | -10.6% | 11.2% | 4.7% | -20.6% | -6.3% | -6.8% | -2.2% | 15.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -28.2% | -28.2% | -40.8% | -10.7% | 21.5% | 9.5% | -24.5% | -4.9% | -6.7% | -2.5% | 19.9% |
| ROA | -16.4% | -16.4% | -25.1% | -6.4% | 11.2% | 4.0% | -11.2% | -2.7% | -3.2% | -1.4% | 16.2% |
| ROIC | -17.6% | -17.6% | -21.1% | -1.8% | 20.7% | 7.6% | -10.6% | -2.6% | -1.6% | -0.0% | 23.7% |
| ROCE | -19.6% | -19.6% | -21.8% | -1.9% | 21.9% | 8.2% | -11.4% | -2.9% | -1.8% | -0.0% | 22.7% |
MXL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $83M ($157M total debt minus $74M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.35 | 0.35 | 0.29 | 0.23 | 0.23 | 0.69 | 1.00 | 0.53 | 0.65 | 0.90 | — |
| Debt / EBITDA | — | — | — | 3.38 | 0.60 | 2.24 | — | 4.92 | 3.96 | 5.22 | — |
| Net Debt / Equity | — | 0.18 | 0.06 | -0.04 | -0.05 | 0.43 | 0.62 | 0.31 | 0.47 | 0.71 | -0.24 |
| Net Debt / EBITDA | — | — | — | -0.66 | -0.13 | 1.38 | — | 2.85 | 2.84 | 4.12 | -0.83 |
| Debt / FCF | — | 11.84 | — | -2.64 | -0.09 | 1.62 | 3.99 | 1.79 | 1.97 | 4.06 | -0.76 |
| Interest Coverage | -10.18 | -10.18 | -20.95 | -4.96 | 18.83 | 4.68 | -7.87 | -1.92 | -1.30 | -2.28 | 613.40 |
MXL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.34x means MaxLinear, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.92x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.20x to 1.34x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.34 | 1.34 | 1.77 | 2.20 | 1.65 | 1.95 | 1.55 | 2.73 | 2.56 | 2.64 | 3.92 |
| Quick Ratio | 0.92 | 0.92 | 1.28 | 1.75 | 1.18 | 1.31 | 1.13 | 2.26 | 1.97 | 1.94 | 3.44 |
| Cash Ratio | 0.40 | 0.40 | 0.66 | 0.85 | 0.61 | 0.63 | 0.64 | 1.40 | 1.05 | 0.96 | 2.40 |
| Asset Turnover | — | 0.59 | 0.42 | 0.64 | 0.94 | 0.85 | 0.46 | 0.44 | 0.50 | 0.49 | 0.92 |
| Inventory Turnover | 2.58 | 2.58 | 1.86 | 3.11 | 3.01 | 3.19 | 2.96 | 5.48 | 4.99 | 4.52 | 5.94 |
| Days Sales Outstanding | — | 36.00 | 86.52 | 89.83 | 55.71 | 48.97 | 51.43 | 58.01 | 56.40 | 57.40 | 47.51 |
MXL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
MaxLinear, Inc. returns 0.3% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 4.6% | 0.7% | — | — | — | — | 4.2% |
| FCF Yield | 0.1% | 0.5% | — | 0.6% | 12.7% | 2.1% | 2.2% | 4.7% | 7.9% | 3.9% | 7.4% |
| Buyback Yield | 0.3% | 1.3% | 0.0% | 0.0% | 1.1% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.3% | 1.3% | 0.0% | 0.0% | 1.1% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $87M | $84M | $81M | $81M | $80M | $73M | $71M | $68M | $66M | $68M |
Peer Comparison
Compare MXL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MXLYou | $7B | -51.7 | — | 1041.1 | 56.8% | -27.1% | -28.2% | -17.6% | — |
 SLAB | $7B | -110.2 | — | 109.3 | 58.2% | -9.0% | -6.0% | -6.9% | — |
 MTSI | $23B | -415.8 | 120.2 | 118.1 | 54.9% | 13.4% | -4.4% | 6.0% | 2.8 |
 LITE | $71B | 2688.0 | 954.3 | — | 28.0% | -10.9% | 2.5% | -4.3% | 34.0 |
 CIEN | $77B | 640.9 | 171.9 | 115.8 | 41.5% | 6.5% | 4.4% | 6.9% | 3.5 |
 MRVL | $146B | 55.0 | 111.9 | 104.7 | 51.0% | 16.1% | 19.3% | 6.0% | 3.4 |
 SWKS | $11B | 23.6 | 11.4 | 9.9 | 41.2% | 12.2% | 7.9% | 6.3% | 1.2 |
 QRVO | $9B | 26.6 | 22.5 | 13.1 | 45.9% | 11.2% | 10.1% | 8.1% | 3.8 |
 CRUS | $9B | 28.5 | 18.5 | 21.5 | 52.5% | 21.6% | 17.6% | 20.4% | 0.3 |
 MPWR | $78B | 124.6 | 98.7 | 117.1 | 55.2% | 26.1% | 18.4% | 22.2% | 0.0 |
 ALGM | $9B | -127.4 | 211.4 | 419.1 | 44.3% | -2.7% | -7.1% | -1.3% | 8.2 |
| Technology Median | — | 26.7 | 17.5 | 19.5 | 48.9% | -0.6% | 2.5% | 3.0% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 19 years · Updated daily
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Start ComparisonMXL — Frequently Asked Questions
Quick answers to the most common questions about buying MXL stock.
What is MaxLinear, Inc.'s P/E ratio?
MaxLinear, Inc.'s current P/E ratio is -51.7x. The historical average is 56.0x.
What is MaxLinear, Inc.'s ROE?
MaxLinear, Inc.'s return on equity (ROE) is -28.2%. The historical average is -6.3%.
Is MXL stock overvalued?
Based on historical data, MaxLinear, Inc. is trading at a P/E of -51.7x. Compare with industry peers and growth rates for a complete picture.
What are MaxLinear, Inc.'s profit margins?
MaxLinear, Inc. has 56.8% gross margin and -27.1% operating margin.