Last 45 quarters of trend data · Technology · Computer Hardware
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Super Micro Computer, Inc.'s quarterly P/E stands at 7.8x, down 84.5% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 73.2% YoY to 8.8x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 18.25 | 7.80 | 12.20 | 46.10 | 39.52 | 50.35 | 15.24 | 61.24 | 40.17 | 37.69 | 12.92 | 24.48 | 18.33 |
| — | -84.5% | -20.0% | -24.7% | -1.6% | +33.6% | +17.9% | +150.1% | +119.1% | +112.1% | +95.2% | +504.3% | +371.9% | |
| P/S Ratio | 0.84 | 0.37 | 0.39 | 1.58 | 1.33 | 1.16 | 0.85 | 1.09 | 2.43 | 4.19 | 1.25 | 1.85 | 1.61 |
| — | -67.6% | -54.4% | +45.3% | -45.4% | -72.4% | -31.4% | -41.0% | +51.0% | +258.9% | +94.8% | +352.0% | +381.0% | |
| P/B Ratio | 3.06 | 2.03 | 2.82 | 4.87 | 4.86 | 3.34 | 3.11 | 4.41 | 9.62 | 12.67 | 5.93 | 7.24 | 7.14 |
| — | -39.3% | -9.2% | +10.6% | -49.5% | -73.7% | -47.6% | -39.2% | +34.7% | +273.9% | +134.1% | +288.2% | +364.6% | |
| P/FCF | 11.99 | — | — | — | 9.10 | 8.96 | — | 17.75 | — | — | — | 14.64 | — |
| — | — | — | — | — | — | — | +21.3% | — | — | — | +484.9% | — | |
| EV / EBITDA | 13.71 | 8.78 | 10.54 | 39.93 | 30.59 | 32.82 | 13.04 | 12.50 | 44.04 | 41.36 | 11.75 | 21.04 | 14.78 |
| — | -73.2% | -19.2% | +219.4% | -30.5% | -20.6% | +11.0% | -40.6% | +198.0% | +205.5% | +134.0% | +528.0% | +303.3% | |
| EV / EBIT | 14.34 | — | 9.77 | 34.70 | 30.84 | 41.37 | 13.02 | 12.62 | 44.96 | 41.40 | 12.32 | 21.34 | 15.23 |
| — | — | -24.9% | +174.9% | -31.4% | -0.1% | +5.7% | -40.9% | +195.2% | +180.8% | +128.9% | +535.5% | +305.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Super Micro Computer, Inc.'s operating margin was 6.1% in Q3 2026, up 2.4 pp QoQ and up 2.9 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 4.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 3.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.1% | 9.9% | 6.3% | 9.3% | 9.5% | 9.6% | 11.8% | 13.1% | 10.2% | 15.5% | 15.4% | 16.7% | 17.0% |
| — | +3.9% | -46.6% | -28.7% | -7.3% | -38.3% | -23.4% | -21.7% | -40.1% | -12.0% | -17.7% | -11.1% | -3.2% | |
| Operating Margin | 5.7% | 6.1% | 3.7% | 3.6% | 4.0% | 3.2% | 6.5% | 8.6% | 5.4% | 9.8% | 10.1% | 8.1% | 10.4% |
| — | +91.5% | -42.4% | -57.6% | -26.4% | -67.5% | -35.9% | +5.4% | -48.1% | +27.3% | -15.1% | -31.5% | +2.7% | |
| Net Margin | 4.8% | 9.9% | 3.2% | 3.4% | 3.4% | 2.4% | 5.6% | 7.1% | 5.6% | 10.5% | 8.1% | 7.4% | 8.9% |
| — | +319.9% | -44.1% | -53.1% | -38.9% | -77.4% | -30.1% | -3.5% | -37.3% | +56.3% | -17.3% | -25.6% | +2.9% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.9% | 14.0% | 5.9% | 2.6% | 3.1% | 1.7% | 5.3% | 7.5% | 5.7% | 9.9% | 11.3% | 7.6% | 10.3% |
| — | +709.8% | +12.0% | -65.1% | -45.6% | -82.5% | -53.1% | -1.0% | -45.4% | +105.8% | +10.4% | -37.2% | -0.8% | |
| ROA | 8.8% | 4.0% | 1.9% | 1.2% | 1.6% | 1.1% | 3.1% | 4.1% | 3.2% | 5.6% | 6.2% | 4.0% | 5.6% |
| — | +271.9% | -39.3% | -71.1% | -50.4% | -81.2% | -50.0% | +1.6% | -43.6% | +105.9% | +12.8% | -28.7% | +25.6% | |
| ROIC | 15.9% | 4.5% | 4.8% | 2.1% | 2.8% | 1.7% | 4.3% | 6.4% | 4.0% | 7.5% | 12.3% | 7.2% | 9.9% |
| — | +167.4% | +10.1% | -67.1% | -30.4% | -77.5% | -65.0% | -11.4% | -59.5% | +67.0% | +28.7% | -25.1% | +35.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Super Micro Computer, Inc.'s Debt/EBITDA ratio is 11.4x, up from 10.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 60.1% YoY to 2.66x, tightening the short-term liquidity position.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.76 | 0.89 | 0.70 | 0.74 | 0.76 | 0.39 | 0.31 | 0.39 | 0.40 | 0.37 | 0.12 | 0.07 | 0.15 |
| — | +127.0% | +128.6% | +90.8% | +88.2% | +6.9% | +145.7% | +440.5% | +173.8% | +213.9% | +18.9% | -57.3% | -66.2% | |
| Debt / EBITDA | 3.64 | 11.40 | 10.08 | 23.69 | 19.35 | 15.47 | 5.03 | 4.35 | 7.31 | 4.81 | 1.01 | 0.85 | 1.23 |
| — | -26.3% | +100.4% | +444.2% | +164.7% | +221.3% | +398.3% | +411.1% | +493.4% | +150.8% | +18.1% | -28.4% | -65.5% | |
| Current Ratio | 5.25 | 2.66 | 1.70 | 5.39 | 5.25 | 6.66 | 6.38 | 3.43 | 3.81 | 4.69 | 2.43 | 2.23 | 2.31 |
| — | -60.1% | -73.4% | +57.2% | +37.8% | +41.9% | +162.6% | +54.2% | +64.6% | +88.9% | -15.9% | +4.6% | +21.2% | |
| Quick Ratio | 3.25 | 1.29 | 1.01 | 2.95 | 3.25 | 3.95 | 3.73 | 1.71 | 1.96 | 2.29 | 1.19 | 0.95 | 1.26 |
| — | -67.4% | -73.0% | +72.3% | +65.8% | +72.3% | +213.2% | +81.2% | +55.4% | +113.3% | -10.9% | +11.9% | +47.1% | |
| Interest Coverage | 21.34 | 3.79 | 20.73 | 9.37 | 11.00 | 9.59 | 58.39 | 29.76 | 94.04 | 62.18 | 44.72 | 96.15 | 65.19 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 45 years · Updated daily
Deep dive into SMCI consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SMCI stock.
Super Micro Computer, Inc.'s current P/E is 18.3x. The average P/E over the last 4 quarters is 26.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Super Micro Computer, Inc.'s current operating margin is 5.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Super Micro Computer, Inc.'s business trajectory between earnings reports.