Photronics, Inc.(PLAB)Earnings, Financials & Key Ratios

PLAB•NASDAQ

$52.09

$3B mkt cap·22.8× P/E·Price updated May 6, 2026

SectorTechnology IndustrySemiconductors Sub-IndustrySemiconductor Materials and Fab Consumables

AboutPhotronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. The company offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, FDP substrates, and other types of electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.Show more

Revenue$849M-2.0%
EBITDA$286M-6.1%
Net Income$136M+4.4%
EPS (Diluted)2.28+9.1%
Gross Margin35.3%-3.1%
EBITDA Margin33.65%-4.1%
Operating Margin24.51%-4.1%
Net Margin16.06%+6.5%
ROE8.86%-6.5%
ROIC15.53%-20.2%
Debt/Equity0.00-99.9%
Interest Coverage3784.75+470.7%

Technical→

PLAB Key Insights

Photronics, Inc. (PLAB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 32.2%
✓Momentum leader: RS Rating 93 (top 7%)
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 4.0% through buybacks
✓Healthy 5Y average net margin of 13.6%

✗Weaknesses

No significant weaknesses identified

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

PLAB Price & Volume

Photronics, Inc. (PLAB) stock price & volume — 10-year historical chart

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PLAB Growth Metrics

Photronics, Inc. (PLAB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.94%

5 Years6.85%

3 Years0.99%

TTM-0.06%

Profit CAGR

10 Years11.82%

5 Years32.17%

3 Years4.72%

TTM-7.37%

EPS CAGR

10 Years13.73%

5 Years34.4%

3 Years5.53%

TTM-0.43%

Return on Capital

10 Years10.52%

5 Years15.36%

3 Years16.38%

Last Year13.15%

PLAB Recent Earnings

Photronics, Inc. (PLAB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 7/12 qtrs (58%)●Beat Revenue 7/12 qtrs (58%)

Q1 2026Latest

Feb 25, 2026

EPS

$0.61

Est $0.54

+13.0%

Revenue

$225M

Est $221M

+2.0%

Q4 2025

Dec 10, 2025

EPS

$0.60

Est $0.45

+32.4%

Revenue

$216M

Est $205M

+5.2%

Q3 2025

Aug 27, 2025

EPS

$0.51

Est $0.39

+30.8%

Revenue

$210M

Est $205M

+2.9%

Q2 2025

May 28, 2025

EPS

$0.40

Est $0.48

-16.7%

Revenue

$211M

Est $220M

-4.1%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 25, 2026	$0.61vs $0.54+13.0%	$225Mvs $221M+2.0%
Q4 2025	Dec 10, 2025	$0.60vs $0.45+32.4%	$216Mvs $205M+5.2%
Q3 2025	Aug 27, 2025	$0.51vs $0.39+30.8%	$210Mvs $205M+2.9%
Q2 2025	May 28, 2025	$0.40vs $0.48-16.7%	$211Mvs $220M-4.1%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
ONTOOnto Innovation Inc.Direct Competitor	14.63B	294.05	105.77	1.82%	10.33%	5.19%	0.01
MKSIMKS Inc.Direct Competitor	19.78B	293.77	67.22	9.62%	7.51%	11.54%	1.73
COHUCohu, Inc.Direct Competitor	2.33B	49.62	-31.21	12.74%	-11.54%	-6.84%	0.46
ACLSAxcelis Technologies, Inc.Direct Competitor	5.54B	171.00	45	-17.57%	14.33%	11.62%	0.04
UCTTUltra Clean Holdings, Inc.Direct Competitor	3.8B	83.46	-20.87	-2.08%	-9.38%	-25.39%	1.03
ENTGEntegris, Inc.Product Competitor	23.73B	155.86	100.55	-1.38%	8.18%	6.74%	0.98
CAMTCamtek Ltd.Product Competitor	7.18B	202.54	83.69	36.1%	28.36%	21.35%	0.38
ICHRIchor Holdings, Ltd.Product Competitor	2.52B	72.51	-47.08	11.61%	-5.28%	-7.5%	0.28

Compare PLAB vs Peers

Photronics, Inc. (PLAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ONTO

Most directly comparable listed peer for PLAB.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare PLAB against a more recognizable public peer.

Peer Set

Compare Top 5

vs ONTO, MKSI, COHU, ACLS

PLAB Income Statement

Photronics, Inc. (PLAB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Oct'17	Oct'18	Oct'19	Oct'20	Oct'21	Oct'22	Oct'23	Oct'24	Oct'25	TTM
Sales/Revenue	450.68M	535.28M	550.66M	609.69M	663.76M	824.55M	892.08M	866.95M	849.29M	862.22M
Revenue Growth %	-6.78%	18.77%	2.87%	10.72%	8.87%	24.22%	8.19%	-2.82%	-2.04%	-0.06%
Cost of Goods Sold	359.36M	403.77M	429.82M	475.04M	496.72M	530.34M	555.91M	551M	549.46M	559.23M
COGS % of Revenue	79.74%	75.43%	78.06%	77.91%	74.83%	64.32%	62.32%	63.56%	64.7%	-
Gross Profit	91.31M▲ 0%	131.5M▲ 44.0%	120.84M▼ 8.1%	134.65M▲ 11.4%	167.04M▲ 24.1%	294.21M▲ 76.1%	336.16M▲ 14.3%	315.95M▼ 6.0%	299.83M▼ 5.1%	303M▲ 0%
Gross Margin %	20.26%	24.57%	21.94%	22.09%	25.17%	35.68%	37.68%	36.44%	35.3%	35.14%
Gross Profit Growth %	-23.07%	44.01%	-8.11%	11.43%	24.05%	76.13%	14.26%	-6.01%	-5.1%	-
Operating Expenses	59.45M	65.88M	68.72M	70.73M	72.49M	82.35M	83.11M	94.43M	91.43M	91.97M
OpEx % of Revenue	13.19%	12.31%	12.48%	11.6%	10.92%	9.99%	9.32%	10.89%	10.77%	-
Selling, General & Admin	43.59M	51.4M	52.33M	53.58M	57.52M	63.99M	69.46M	77.76M	75.63M	77.83M
SG&A % of Revenue	9.67%	9.6%	9.5%	8.79%	8.67%	7.76%	7.79%	8.97%	8.9%	-
Research & Development	15.86M	14.48M	16.39M	17.14M	18.49M	18.34M	13.65M	16.58M	15.8M	14.13M
R&D % of Revenue	3.52%	2.71%	2.98%	2.81%	2.79%	2.22%	1.53%	1.91%	1.86%	-
Other Operating Expenses	0	0	0	0	-3.52M	17K	0	92K	0	0
Operating Income	31.87M▲ 0%	65.63M▲ 105.9%	52.12M▼ 20.6%	63.93M▲ 22.7%	94.55M▲ 47.9%	211.87M▲ 124.1%	253.05M▲ 19.4%	221.52M▼ 12.5%	208.16M▼ 6.0%	210.84M▲ 0%
Operating Margin %	7.07%	12.26%	9.47%	10.49%	14.25%	25.69%	28.37%	25.55%	24.51%	24.45%
Operating Income Growth %	-39.27%	105.93%	-20.58%	22.65%	47.91%	124.07%	19.44%	-12.46%	-6.03%	-
EBITDA	118.44M	149.96M	136M	157.74M	184.95M	292.2M	333.88M	304.32M	285.77M	287.46M
EBITDA Margin %	26.28%	28.02%	24.7%	25.87%	27.86%	35.44%	37.43%	35.1%	33.65%	33.34%
EBITDA Growth %	-12.47%	26.61%	-9.31%	15.99%	17.25%	57.99%	14.27%	-8.85%	-6.1%	-3.86%
D&A (Non-Cash Add-back)	86.57M	84.33M	83.88M	93.81M	90.4M	80.33M	80.83M	82.81M	77.61M	76.61M
EBIT	31.87M	70.83M	52.13M	63.97M	103.69M	240.89M	270.38M	247.75M	221.78M	219.11M
Net Interest Income	-5.3M	2.57M	-154K	-1.83M	-520K	-177K	14.43M	23.73M	21.93M	22.43M
Interest Income	0	4.83M	1.27M	541K	1.17M	1.68M	14.86M	24.06M	21.99M	22.49M
Interest Expense	5.3M	2.26M	1.43M	2.37M	1.69M	1.86M	433K	334K	55K	58K
Other Income/Expense	-5.3M	2.94M	-1.42M	-2.33M	7.45M	27.17M	16.9M	25.9M	13.62M	8.31M
Pretax Income	26.57M▲ 0%	68.57M▲ 158.1%	50.7M▼ 26.1%	61.6M▲ 21.5%	102.01M▲ 65.6%	239.03M▲ 134.3%	269.95M▲ 12.9%	247.41M▼ 8.3%	221.78M▼ 10.4%	219.16M▲ 0%
Pretax Margin %	5.89%	12.81%	9.21%	10.1%	15.37%	28.99%	30.26%	28.54%	26.11%	25.42%
Income Tax	5.28M	7.33M	10.21M	21.26M	23.19M	59.79M	70.31M	63.57M	31.55M	44.24M
Effective Tax Rate %	19.86%	10.7%	20.14%	34.51%	22.73%	25.01%	26.05%	25.69%	14.23%	20.19%
Net Income	13.13M▲ 0%	42.05M▲ 220.3%	40.49M▼ 3.7%	33.82M▼ 16.5%	55.45M▲ 64.0%	118.79M▲ 114.2%	125.48M▲ 5.6%	130.69M▲ 4.1%	136.41M▲ 4.4%	136.49M▲ 0%
Net Margin %	2.91%	7.86%	7.35%	5.55%	8.35%	14.41%	14.07%	15.07%	16.06%	15.83%
Net Income Growth %	-71.58%	220.3%	-3.72%	-16.48%	63.95%	114.23%	5.64%	4.15%	4.37%	-7.37%
Net Income (Continuing)	21.29M	61.24M	40.49M	40.34M	78.82M	179.24M	199.63M	183.85M	190.23M	174.92M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	120.73M	144.9M	141.2M	157.3M	176.87M	230.56M	300.6M	359.89M	423.72M	438.53M
EPS (Diluted)	0.19▲ 0%	0.56▲ 194.7%	0.59▲ 5.4%	0.52▼ 11.9%	0.89▲ 71.2%	1.94▲ 118.0%	2.03▲ 4.6%	2.09▲ 3.0%	2.28▲ 9.1%	2.34▲ 0%
EPS Growth %	-70.31%	194.74%	5.36%	-11.86%	71.15%	117.98%	4.64%	2.96%	9.09%	-0.43%
EPS (Basic)	0.19	0.59	0.61	0.52	0.90	1.96	2.05	2.12	2.29	-
Diluted Shares Outstanding	69.29M	74.82M	69.16M	65.47M	62M	61.19M	61.76M	62.39M	59.92M	58.39M
Basic Shares Outstanding	68.44M	71.43M	66.35M	64.87M	61.41M	60.56M	61.14M	61.73M	59.61M	57.79M
Dividend Payout Ratio	-	-	-	47.76%	-	-	-	-	-	-

PLAB Balance Sheet

Photronics, Inc. (PLAB) balance sheet — assets, liabilities & shareholders' equity

Line item	Oct'17	Oct'18	Oct'19	Oct'20	Oct'21	Oct'22	Oct'23	Oct'24	Oct'25	TTM
Total Current Assets	449.12M	502.73M	438.77M	500.14M	550.62M	644.65M	785.45M	931.06M	890.05M	946.25M
Cash & Short-Term Investments	308.02M	329.28M	206.53M	278.67M	276.67M	358.5M	512.21M	640.67M	588.16M	636.87M
Cash Only	308.02M	329.28M	206.53M	278.67M	276.67M	319.68M	499.29M	598.49M	492.26M	544.13M
Short-Term Investments	0	0	0	0	0	38.82M	12.91M	42.18M	95.91M	92.74M
Accounts Receivable	105.32M	120.52M	142.05M	157.32M	208.52M	216.61M	208.22M	215.05M	211.69M	199.49M
Days Sales Outstanding	85.3	82.18	94.16	94.18	114.66	95.89	85.2	90.54	90.98	82.79
Inventory	23.7M	29.18M	48.16M	57.27M	55.25M	50.75M	49.96M	56.53M	61.77M	62.65M
Days Inventory Outstanding	24.07	26.38	40.89	44	40.6	34.93	32.8	37.45	41.03	40.65
Other Current Assets	12.08M	23.76M	5.15M	6.76M	8.63M	9.08M	2.54M	18.82M	15.54M	47.23M
Total Non-Current Assets	571.67M	607.28M	679.89M	688.04M	743.59M	671.18M	740.77M	781M	914.48M	955.17M
Property, Plant & Equipment	535.2M	571.78M	621.2M	631.48M	696.55M	643.87M	715.43M	745.26M	854.44M	894.62M
Fixed Asset Turnover	0.84x	0.94x	0.89x	0.97x	0.95x	1.28x	1.25x	1.16x	0.99x	1.02x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	17.12M	12.37M	7.87M	3.44M	774K	0	0	0	0	0
Long-Term Investments	-15.48M	-18.11M	-20.78M	2.9M	-24.35M	0	0	0	0	0
Other Non-Current Assets	19.35M	23.13M	50.83M	28.16M	46.26M	7.49M	1.47M	12.68M	19.84M	110.45M
Total Assets	1.02B▲ 0%	1.11B▲ 8.7%	1.12B▲ 0.8%	1.19B▲ 6.2%	1.29B▲ 8.9%	1.32B▲ 1.7%	1.53B▲ 16.0%	1.71B▲ 12.2%	1.8B▲ 5.4%	1.9B▲ 0%
Asset Turnover	0.44x	0.48x	0.49x	0.51x	0.51x	0.63x	0.58x	0.51x	0.47x	0.48x
Asset Growth %	3.29%	8.74%	0.78%	6.21%	8.92%	1.67%	15.99%	12.18%	5.4%	29.7%
Total Current Liabilities	81.78M	191.08M	151.95M	142.94M	176.15M	193.8M	185.22M	183.81M	165.87M	206.65M
Accounts Payable	42.47M	55.47M	70.42M	58.45M	81.53M	79.57M	84.02M	78.72M	84.21M	206.64M
Days Payables Outstanding	43.13	50.14	59.8	44.91	59.91	54.76	55.17	52.14	55.94	78.43
Short-Term Debt	4.64M	57.45M	10.87M	13.68M	14.96M	3.51M	6.62M	17.97M	11K	11K
Deferred Revenue (Current)	5.7M	7.83M	11.54M	8.02M	14.72M	18.87M	9.96M	12.38M	9.49M	9.49M
Other Current Liabilities	8.96M	40.91M	28.12M	30.85M	3.33M	13.32M	14.78M	-3.38M	26.27M	0
Current Ratio	5.49x	2.63x	2.89x	3.50x	3.13x	3.33x	4.24x	5.07x	5.37x	5.37x
Quick Ratio	5.20x	2.48x	2.57x	3.10x	2.81x	3.06x	3.97x	4.76x	4.99x	4.99x
Cash Conversion Cycle	66.24	58.42	75.25	93.27	95.35	76.06	62.83	75.84	76.07	45
Total Non-Current Liabilities	73.72M	14.36M	55.62M	82.98M	117.49M	59.94M	65.39M	47.49M	41.35M	44.85M
Long-Term Debt	57.34M	0	41.89M	54.98M	58.36M	7.74M	4.22M	25K	3.96M	10K
Capital Lease Obligations	-2.05M	0	0	5.01M	34.33M	26.5M	22.22M	3.06M	3.97M	4.01M
Deferred Tax Liabilities	2.05M	643K	1.9M	2M	3.8M	5.6M	8.91M	14.72M	11.38M	11.38M
Other Non-Current Liabilities	14.34M	13.72M	13.73M	22.99M	24.8M	15.12M	17.59M	17.76M	17M	141.13M
Total Liabilities	155.5M	205.44M	207.57M	225.92M	293.64M	253.74M	250.61M	231.3M	207.23M	251.5M
Total Debt	61.98M	57.45M	52.76M	70.83M	117.21M	45.62M	26.53M	22.96M	24K	21K
Net Debt	-246.04M	-271.82M	-153.77M	-207.83M	-164.98M	-277.35M	-472.76M	-575.53M	-492.23M	-544.11M
Debt / Equity	0.07x	0.06x	0.06x	0.07x	0.12x	0.04x	0.02x	0.02x	0.00x	0.00x
Debt / EBITDA	0.52x	0.38x	0.39x	0.45x	0.63x	0.16x	0.08x	0.08x	0.00x	0.00x
Net Debt / EBITDA	-2.08x	-1.81x	-1.13x	-1.32x	-0.89x	-0.95x	-1.42x	-1.89x	-1.72x	-1.72x
Interest Coverage	6.01x	29.01x	36.58x	27.01x	56.12x	114.09x	584.41x	663.23x	3784.75x	3777.78x
Total Equity	865.29M▲ 0%	904.57M▲ 4.5%	911.09M▲ 0.7%	962.27M▲ 5.6%	1B▲ 4.0%	1.06B▲ 6.1%	1.28B▲ 20.1%	1.48B▲ 16.1%	1.6B▲ 7.9%	1.65B▲ 0%
Equity Growth %	4.82%	4.54%	0.72%	5.62%	3.98%	6.15%	20.1%	16.08%	7.87%	36.52%
Book Value per Share	12.49	12.09	13.17	14.70	16.14	17.36	20.66	23.73	26.66	28.26
Total Shareholders' Equity	744.56M	759.67M	769.89M	804.96M	823.69M	831.53M	975.01M	1.12B	1.17B	1.21B
Common Stock	687K	697K	656K	631K	600K	608K	613K	619K	576K	0
Retained Earnings	189.39M	231.44M	253.92M	279.04M	317.85M	435.63M	561.12M	691.81M	772.2M	0
Treasury Stock	0	-23.11M	0	0	0	0	0	0	0	0
Accumulated OCI	6.89M	-4.97M	-9.01M	17.96M	20.57M	-98.46M	-88.73M	-86.32M	-86.12M	0
Minority Interest	120.73M	144.9M	141.2M	157.3M	176.87M	230.56M	300.6M	359.89M	423.72M	438.53M

PLAB Cash Flow Statement

Photronics, Inc. (PLAB) cash flow — operating, investing & free cash flow history

Line item	Oct'17	Oct'18	Oct'19	Oct'20	Oct'21	Oct'22	Oct'23	Oct'24	Oct'25	TTM
Cash from Operations	96.83M	130.57M	71.84M	143.05M	150.77M	275.19M	302.18M	261.44M	247.8M	247.8M
Operating CF Margin %	21.49%	24.39%	13.05%	23.46%	22.71%	33.37%	33.87%	30.16%	29.18%	-
Operating CF Growth %	-20.72%	34.84%	-44.98%	99.12%	5.4%	82.52%	9.81%	-13.48%	-5.22%	-39.81%
Net Income	21.29M	61.24M	40.49M	40.34M	78.82M	179.24M	199.63M	183.85M	136.41M	136.49M
Depreciation & Amortization	86.57M	84.33M	83.88M	93.81M	90.4M	80.33M	80.83M	82.81M	77.61M	76.61M
Stock-Based Compensation	3.63M	3.18M	3.68M	4.93M	5.35M	6.31M	8M	13.89M	13.39M	12.9M
Deferred Taxes	1.63M	-273K	-3.66M	-445K	-2.11M	809K	-927K	-1.39M	-17.17M	0
Other Non-Cash Items	0	-2.91M	3.66M	0	2.11M	0	0	0	53.83M	-2.74M
Working Capital Changes	-16.29M	-15M	-56.21M	4.41M	-23.79M	8.5M	14.63M	-17.71M	-16.26M	-12.34M
Change in Receivables	-9.63M	-18.55M	-12.32M	6.99M	-36.62M	-51.23M	4.03M	-2.54M	6.31M	-1.56M
Change in Inventory	-602K	-6.16M	-23.09M	-6.94M	2.99M	-2.04M	1.24M	-6.15M	-4.94M	-2.41M
Change in Payables	-7.19M	18.54M	-11.96M	-3.49M	25.43M	60.57M	-294K	-9.64M	-12.91M	-4.18M
Cash from Investing	-98.07M	-90.73M	-154.86M	-65.71M	-103.49M	-147.76M	-101.55M	-156.47M	-238.9M	-286.02M
Capital Expenditures	-91.97M	-92.58M	-177.19M	-70.97M	-109.27M	-112.34M	-131.29M	-130.94M	-188.14M	-200.57M
CapEx % of Revenue	20.41%	17.3%	32.18%	11.64%	16.46%	13.62%	14.72%	15.1%	22.15%	-
Acquisitions	-5.4M	18M	29.39M	17.6M	0	25M	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-868K	1.86M	-7.06M	-12.33M	5.78M	3.44M	2.4M	2.2M	2.06M	3.99M
Cash from Financing	-10.93M	-13.8M	-42.06M	-16.01M	-53.9M	-38.69M	-18.49M	-7.73M	-115.26M	-94.03M
Debt Issued (Net)	-5.43M	-4.64M	-6.69M	12.95M	506K	-65.44M	-18.44M	-6.62M	-17.97M	-2.63M
Equity Issued (Net)	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	1000K	-1000K	-1.89M
Dividends Paid	-8.3M	-8.17M	-45.05M	-16.15M	0	0	0	0	0	0
Share Repurchases	0	-23.11M	-21.7M	-34.39M	-48.25M	-2.52M	0	0	-97.42M	-92.85M
Other Financing	-32K	17.48M	31.37M	21.59M	-6.16M	29.27M	-1.3M	-3.02M	-2.09M	800K
Net Change in Cash	-6.05M▲ 0%	21.26M▲ 451.2%	-122.7M▼ 677.2%	72.31M▲ 158.9%	-1.92M▼ 102.7%	42.73M▲ 2323.2%	179.46M▲ 320.0%	99.38M▼ 44.6%	-106.13M▼ 206.8%	-98.03M▲ 0%
Free Cash Flow	4.87M▲ 0%	37.98M▲ 680.2%	-105.35M▼ 377.4%	72.07M▲ 168.4%	41.5M▼ 42.4%	162.85M▲ 292.4%	170.88M▲ 4.9%	130.5M▼ 23.6%	59.66M▼ 54.3%	65.92M▲ 0%
FCF Margin %	1.08%	7.1%	-19.13%	11.82%	6.25%	19.75%	19.16%	15.05%	7.02%	7.65%
FCF Growth %	-93.24%	680.24%	-377.37%	168.41%	-42.41%	292.38%	4.93%	-23.63%	-54.28%	-62.45%
FCF per Share	0.07	0.51	-1.52	1.10	0.67	2.66	2.77	2.09	1.00	1.00
FCF Conversion (FCF/Net Income)	7.37x	3.10x	1.77x	4.23x	2.72x	2.32x	2.41x	2.00x	1.82x	0.48x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

PLAB Key Ratios

Photronics, Inc. (PLAB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	1.55%	4.75%	4.46%	3.61%	5.65%	11.52%	10.74%	9.48%	8.86%	8.27%
Return on Invested Capital (ROIC)	3.99%	7.86%	5.62%	6.34%	8.89%	19.51%	23.86%	19.45%	15.53%	15.53%
Gross Margin	20.26%	24.57%	21.94%	22.09%	25.17%	35.68%	37.68%	36.44%	35.3%	35.14%
Net Margin	2.91%	7.86%	7.35%	5.55%	8.35%	14.41%	14.07%	15.07%	16.06%	15.83%
Debt / Equity	0.07x	0.06x	0.06x	0.07x	0.12x	0.04x	0.02x	0.02x	0.00x	0.00x
Interest Coverage	6.01x	29.01x	36.58x	27.01x	56.12x	114.09x	584.41x	663.23x	3784.75x	3777.78x
FCF Conversion	7.37x	3.10x	1.77x	4.23x	2.72x	2.32x	2.41x	2.00x	1.82x	0.48x
Revenue Growth	-6.78%	18.77%	2.87%	10.72%	8.87%	24.22%	8.19%	-2.82%	-2.04%	-0.06%

PLAB SEC Filings & Documents

Photronics, Inc. (PLAB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 9, 2026·SEC

Material company update

Feb 25, 2026·SEC

Material company update

Jan 13, 2026·SEC

10-K Annual Reports

FY 2025

Dec 17, 2025·SEC

FY 2024

Dec 19, 2024·SEC

FY 2023

Dec 26, 2023·SEC

10-Q Quarterly Reports

FY 2026

Mar 11, 2026·SEC

FY 2025

Sep 9, 2025·SEC

FY 2025

Jun 11, 2025·SEC

PLAB Frequently Asked Questions

Photronics, Inc. (PLAB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Photronics, Inc. (PLAB) reported $862.2M in revenue for fiscal year 2025. This represents a 439% increase from $160.1M in 1996.

Photronics, Inc. (PLAB) saw revenue decline by 2.0% over the past year.

Yes, Photronics, Inc. (PLAB) is profitable, generating $136.5M in net income for fiscal year 2025 (16.1% net margin).

Dividend & Returns

Photronics, Inc. (PLAB) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

Photronics, Inc. (PLAB) generated $65.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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