Qorvo, Inc. (QRVO) Financial Ratios
14 years of historical data (2013–2026) · Technology · Semiconductors
EV/EBITDA
↑
20.85
+6% vs avg
5yr avg: 19.65
30Y Low9.2·High34.1
P/FCF
↓
12.14
↓-16% vs avg
5yr avg: 14.42
30Y Low10.6·High88.2
P/B Ratio
↓
2.49
-4% vs avg
5yr avg: 2.60
30Y Low1.4·High4.8
ROE
↓
10.1%
↓+45% vs avg
5yr avg: 6.9%
30Y Low-8%·High23%
Debt/EBITDA
↑
3.77
+6% vs avg
5yr avg: 3.55
30Y Low0.9·High12.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
QRVO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Qorvo, Inc. trades at 24.6x earnings, 62% below its 5-year average of 64.8x, sitting at the 25th percentile of its historical range. Compared to the Technology sector median P/E of 27.7x, the stock trades at a discount of 11%. On a free-cash-flow basis, the stock trades at 12.1x P/FCF, 16% below the 5-year average of 14.4x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.2B | $7.2B | $6.8B | $11.2B | $10.5B | $13.6B | $22.4B | $9.6B | $9.1B | $8.9B | $8.7B |
| Enterprise Value | $8.6B | $7.6B | $7.4B | $12.2B | $11.7B | $14.6B | $22.7B | $10.5B | $9.3B | $9.0B | $9.2B |
| P/E Ratio → | 24.58 | 21.37 | 123.28 | — | 101.57 | 13.12 | 30.52 | 28.82 | 68.31 | — | — |
| P/S Ratio | 2.24 | 1.97 | 1.84 | 2.97 | 2.93 | 2.92 | 5.57 | 2.97 | 2.96 | 3.01 | 2.87 |
| P/B Ratio | 2.49 | 2.16 | 2.01 | 3.15 | 2.68 | 2.98 | 4.83 | 2.24 | 2.10 | 1.87 | 1.78 |
| P/FCF | 12.14 | 10.65 | 14.08 | 15.87 | 15.29 | 16.22 | 20.07 | 12.32 | 15.50 | 15.35 | 38.89 |
| P/OCF | 10.20 | 8.95 | 10.97 | 13.45 | 12.41 | 12.92 | 17.19 | 10.18 | 11.27 | 10.49 | 11.22 |
P/E links to full P/E history page with 30-year chart
QRVO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Qorvo, Inc.'s enterprise value stands at 20.8x EBITDA, 6% above its 5-year average of 19.6x. The Technology sector median is 17.5x, placing the stock at a 19% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.06 | 1.98 | 3.23 | 3.28 | 3.15 | 5.66 | 3.24 | 3.02 | 3.03 | 3.02 |
| EV / EBITDA | 20.85 | 18.39 | 18.74 | 29.47 | 22.42 | 9.21 | 16.68 | 11.75 | 10.62 | 117.36 | 11.56 |
| EV / EBIT | 20.85 | 18.39 | 50.98 | 85.16 | 60.61 | 11.76 | 25.75 | 23.02 | 68.84 | 117.36 | 106.27 |
| EV / FCF | — | 11.13 | 15.17 | 17.23 | 17.10 | 17.50 | 20.39 | 13.42 | 15.85 | 15.45 | 40.87 |
QRVO Profitability
Margins and return-on-capital ratios measuring operating efficiency
Qorvo, Inc. earns an operating margin of 11.2%. Operating margins have expanded from 2.4% to 11.2% over the past 3 years, signaling improving operational efficiency. ROE of 10.1% is modest. ROIC of 8.1% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.9% | 45.9% | 41.3% | 39.5% | 36.3% | 49.2% | 46.9% | 40.8% | 38.7% | 38.6% | 37.4% |
| Operating Margin | 11.2% | 11.2% | 2.6% | 2.4% | 5.1% | 26.4% | 22.6% | 13.1% | 7.0% | -21.4% | 2.9% |
| Net Profit Margin | 9.2% | 9.2% | 1.5% | -1.9% | 2.9% | 22.2% | 18.3% | 10.3% | 4.3% | -1.4% | -0.5% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.1% | 10.1% | 1.6% | -1.9% | 2.4% | 22.5% | 16.4% | 7.7% | 2.9% | -0.8% | -0.3% |
| ROA | 5.8% | 5.8% | 0.9% | -1.1% | 1.5% | 14.0% | 10.6% | 5.4% | 2.2% | -0.6% | -0.3% |
| ROIC | 8.1% | 8.1% | 1.7% | 1.4% | 2.6% | 17.3% | 13.4% | 6.5% | 3.5% | -9.4% | 1.2% |
| ROCE | 8.0% | 8.0% | 1.8% | 1.6% | 2.8% | 18.3% | 14.4% | 7.4% | 3.8% | -10.6% | 1.4% |
QRVO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Qorvo, Inc. carries a Debt/EBITDA ratio of 3.8x, which is moderately leveraged (29% above the sector average of 2.9x). Net debt stands at $330M ($1.5B total debt minus $1.2B cash). Interest coverage of 5.6x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.46 | 0.46 | 0.46 | 0.56 | 0.52 | 0.45 | 0.38 | 0.37 | 0.21 | 0.21 | 0.20 |
| Debt / EBITDA | 3.77 | 3.77 | 3.95 | 4.82 | 3.92 | 1.29 | 1.28 | 1.76 | 1.05 | 12.82 | 1.25 |
| Net Debt / Equity | — | 0.10 | 0.16 | 0.27 | 0.32 | 0.24 | 0.08 | 0.20 | 0.05 | 0.01 | 0.09 |
| Net Debt / EBITDA | 0.80 | 0.80 | 1.35 | 2.32 | 2.37 | 0.68 | 0.26 | 0.96 | 0.24 | 0.75 | 0.56 |
| Debt / FCF | — | 0.49 | 1.09 | 1.36 | 1.81 | 1.29 | 0.31 | 1.10 | 0.36 | 0.10 | 1.98 |
| Interest Coverage | 5.63 | 5.63 | 1.84 | 2.06 | 2.82 | 19.65 | 11.74 | 7.54 | 3.09 | 1.29 | 1.46 |
QRVO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Qorvo, Inc.'s current ratio of 3.24x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.46x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.99x to 3.24x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.24 | 3.24 | 2.77 | 1.99 | 3.65 | 3.63 | 3.64 | 3.14 | 3.87 | 4.18 | 3.49 |
| Quick Ratio | 2.46 | 2.46 | 1.95 | 1.41 | 2.22 | 2.51 | 2.90 | 2.18 | 2.69 | 3.11 | 2.46 |
| Cash Ratio | 1.71 | 1.71 | 1.30 | 0.84 | 1.46 | 1.44 | 2.05 | 1.33 | 1.63 | 2.10 | 1.30 |
| Asset Turnover | — | 0.63 | 0.63 | 0.58 | 0.53 | 0.62 | 0.56 | 0.49 | 0.53 | 0.47 | 0.46 |
| Inventory Turnover | 3.59 | 3.59 | 3.41 | 3.21 | 2.85 | 3.12 | 4.20 | 3.71 | 3.70 | 3.87 | 4.41 |
| Days Sales Outstanding | — | 39.56 | 39.04 | 41.38 | 33.85 | 47.22 | 44.07 | 43.07 | 47.26 | 47.96 | 50.94 |
QRVO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Qorvo, Inc. returns 6.5% to shareholders annually primarily through share buybacks. The earnings yield of 4.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.1% | 4.7% | 0.8% | — | 1.0% | 7.6% | 3.3% | 3.5% | 1.5% | — | — |
| FCF Yield | 8.2% | 9.4% | 7.1% | 6.3% | 6.5% | 6.2% | 5.0% | 8.1% | 6.5% | 6.5% | 2.6% |
| Buyback Yield | 6.5% | 7.4% | 5.2% | 3.6% | 8.2% | 8.5% | 2.3% | 5.4% | 7.0% | 2.5% | 2.4% |
| Total Shareholder Yield | 6.5% | 7.4% | 5.2% | 3.6% | 8.2% | 8.5% | 2.3% | 5.4% | 7.0% | 2.5% | 2.4% |
| Shares Outstanding | — | $94M | $95M | $98M | $103M | $112M | $116M | $119M | $127M | $127M | $127M |
Peer Comparison
Compare QRVO 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 |
|---|---|---|---|---|---|---|---|---|---|
 QRVOYou | $8B | 24.6 | 20.8 | 12.1 | 45.9% | 11.2% | 10.1% | 8.1% | 3.8 |
 SWKS | $10B | 21.1 | 10.2 | 8.8 | 41.2% | 12.2% | 7.9% | 6.3% | 1.2 |
 AVGO | $2.0T | 86.5 | 58.5 | 72.7 | 67.8% | 39.9% | 31.0% | 14.9% | 1.9 |
 CRUS | $9B | 21.9 | 16.6 | 13.8 | 52.8% | 23.0% | 20.3% | 22.9% | 0.3 |
 MTSI | $26B | -471.9 | 136.1 | 134.0 | 54.9% | 13.4% | -4.4% | 6.0% | 2.8 |
 ADI | $199B | 89.6 | 41.7 | 46.6 | 61.5% | 26.6% | 6.6% | 5.4% | 1.8 |
 TXN | $260B | 52.3 | 33.9 | 99.8 | 57.0% | 34.1% | 30.1% | 15.8% | 1.9 |
 MPWR | $77B | 123.6 | 97.9 | 116.2 | 55.2% | 26.1% | 18.4% | 22.2% | 0.0 |
 SLAB | $7B | -109.9 | — | 109.0 | 58.2% | -9.0% | -6.0% | -6.9% | — |
 AAPL | $4.2T | 38.5 | 29.7 | 42.7 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
 QCOM | $214B | 40.4 | 15.9 | 16.7 | 55.4% | 27.9% | 23.3% | 29.1% | 1.2 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 14 years · Updated daily
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Start ComparisonQRVO — Frequently Asked Questions
Quick answers to the most common questions about buying QRVO stock.
What is Qorvo, Inc.'s P/E ratio?
Qorvo, Inc.'s current P/E ratio is 24.6x. The historical average is 55.9x. This places it at the 25th percentile of its historical range.
What is Qorvo, Inc.'s EV/EBITDA?
Qorvo, Inc.'s current EV/EBITDA is 20.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.7x.
What is Qorvo, Inc.'s ROE?
Qorvo, Inc.'s return on equity (ROE) is 10.1%. The historical average is 4.2%.
Is QRVO stock overvalued?
Based on historical data, Qorvo, Inc. is trading at a P/E of 24.6x. This is at the 25th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Qorvo, Inc.'s profit margins?
Qorvo, Inc. has 45.9% gross margin and 11.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Qorvo, Inc. have?
Qorvo, Inc.'s Debt/EBITDA ratio is 3.8x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.