30 years of historical data (1995–2024) · Technology · Semiconductors
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
STMicroelectronics N.V. trades at 20.2x earnings, 16% above its 5-year average of 17.5x, sitting at the 32nd percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a discount of 20%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $30.2B | $23.4B | $47.3B | $32.4B | $45.2B | $34.1B | $24.3B | $12.6B | $19.8B | $10.1B | $5.9B |
| Enterprise Value | $31.1B | $24.3B | $47.3B | $32.1B | $44.7B | $34.0B | $24.0B | $12.3B | $19.7B | $9.9B | $5.7B |
| P/E Ratio → | 20.25 | 15.04 | 11.24 | 7.50 | 22.63 | 30.93 | 23.61 | 7.75 | 24.54 | 59.74 | 55.50 |
| P/S Ratio | 2.28 | 1.77 | 2.74 | 2.01 | 3.54 | 3.34 | 2.54 | 1.31 | 2.37 | 1.44 | 0.85 |
| P/B Ratio | 1.78 | 1.33 | 2.81 | 2.54 | 4.87 | 4.01 | 3.42 | 1.97 | 3.62 | 2.19 | 1.25 |
| P/FCF | — | — | 32.51 | 20.72 | 40.21 | 46.45 | 37.64 | 21.73 | 52.63 | 23.28 | 18.50 |
| P/OCF | 10.18 | 7.90 | 7.90 | 6.24 | 14.76 | 16.31 | 13.02 | 6.85 | 11.80 | 9.64 | 6.93 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
STMicroelectronics N.V.'s enterprise value stands at 9.0x EBITDA, 7% below its 5-year average of 9.7x. The Technology sector median is 15.7x, placing the stock at a 43% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.83 | 2.74 | 1.99 | 3.50 | 3.32 | 2.51 | 1.27 | 2.36 | 1.42 | 0.83 |
| EV / EBITDA | 9.04 | 7.08 | 7.66 | 5.68 | 12.90 | 15.12 | 11.67 | 5.73 | 11.41 | 10.22 | 5.70 |
| EV / EBIT | 18.54 | 12.39 | 9.81 | 7.14 | 18.78 | 25.70 | 20.24 | 8.52 | 19.63 | 41.00 | 44.23 |
| EV / FCF | — | — | 32.48 | 20.50 | 39.78 | 46.19 | 37.15 | 21.11 | 52.48 | 22.87 | 18.00 |
Margins and return-on-capital ratios measuring operating efficiency
STMicroelectronics N.V. earns an operating margin of 12.6%. Operating margins have compressed from 27.5% to 12.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 9.0% is modest. ROIC of 7.1% represents adequate returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.3% | 39.3% | 47.9% | 47.3% | 41.7% | 37.1% | 38.7% | 36.9% | 36.3% | 32.2% | 28.9% |
| Operating Margin | 12.6% | 12.6% | 26.7% | 27.5% | 19.0% | 12.9% | 12.6% | 14.0% | 12.9% | 3.9% | 1.6% |
| Net Profit Margin | 11.7% | 11.7% | 24.4% | 24.6% | 15.7% | 10.8% | 10.8% | 16.9% | 2.6% | 1.7% | 2.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.0% | 9.0% | 28.4% | 35.9% | 22.5% | 14.2% | 15.2% | 27.4% | 4.3% | 2.6% | 3.6% |
| ROA | 6.3% | 6.3% | 19.0% | 22.3% | 13.3% | 8.4% | 9.1% | 15.9% | 2.5% | 1.5% | 2.0% |
| ROIC | 7.1% | 7.1% | 23.7% | 31.4% | 21.2% | 13.1% | 14.0% | 17.7% | 16.5% | 4.5% | 1.7% |
| ROCE | 8.0% | 8.0% | 25.0% | 30.9% | 20.2% | 12.5% | 13.0% | 16.5% | 15.3% | 4.2% | 1.6% |
Solvency and debt-coverage ratios — lower is generally safer
STMicroelectronics N.V. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (69% below the sector average of 3.0x). Net debt stands at $885M ($3.2B total debt minus $2.3B cash). Interest coverage of 19.7x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.18 | 0.18 | 0.19 | 0.23 | 0.30 | 0.33 | 0.32 | 0.30 | 0.31 | 0.32 | 0.34 |
| Debt / EBITDA | 0.92 | 0.92 | 0.51 | 0.51 | 0.79 | 1.25 | 1.11 | 0.89 | 0.98 | 1.50 | 1.61 |
| Net Debt / Equity | — | 0.05 | -0.00 | -0.03 | -0.05 | -0.02 | -0.04 | -0.06 | -0.01 | -0.04 | -0.03 |
| Net Debt / EBITDA | 0.26 | 0.26 | -0.01 | -0.06 | -0.14 | -0.08 | -0.15 | -0.17 | -0.03 | -0.18 | -0.16 |
| Debt / FCF | — | — | -0.03 | -0.22 | -0.43 | -0.26 | -0.49 | -0.61 | -0.15 | -0.41 | -0.50 |
| Interest Coverage | 19.72 | 19.72 | 83.84 | 341.46 | 57.60 | 24.50 | 22.28 | 25.09 | 20.75 | 6.78 | 2.73 |
Short-term solvency ratios and asset-utilisation metrics
STMicroelectronics N.V.'s current ratio of 3.11x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.37x 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 2.56x to 3.11x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.11 | 3.11 | 3.17 | 2.56 | 2.66 | 2.49 | 3.03 | 2.77 | 2.52 | 2.76 | 3.00 |
| Quick Ratio | 2.37 | 2.37 | 2.44 | 1.89 | 1.99 | 1.89 | 2.21 | 2.03 | 1.86 | 2.02 | 2.20 |
| Cash Ratio | 1.64 | 1.64 | 1.63 | 1.18 | 1.19 | 1.22 | 1.32 | 1.22 | 1.08 | 1.24 | 1.35 |
| Asset Turnover | — | 0.54 | 0.71 | 0.81 | 0.82 | 0.71 | 0.81 | 0.89 | 0.86 | 0.87 | 0.84 |
| Inventory Turnover | 2.88 | 2.88 | 3.34 | 3.29 | 3.76 | 3.49 | 3.47 | 3.89 | 3.98 | 4.03 | 3.92 |
| Days Sales Outstanding | — | 67.04 | 56.17 | 44.58 | 50.31 | 52.33 | 52.71 | 48.23 | 50.24 | 49.15 | 43.40 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
STMicroelectronics N.V. returns 2.1% to shareholders annually — split between a 0.9% dividend yield and 1.2% buyback yield. The payout ratio of 18.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 1.2% | 0.5% | 0.7% | 0.5% | 0.5% | 0.9% | 1.7% | 1.1% | 2.5% | 6.0% |
| Payout Ratio | 18.5% | 18.5% | 5.3% | 5.4% | 10.3% | 15.2% | 20.7% | 13.3% | 98.2% | 207.4% | 200.0% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 6.6% | 8.9% | 13.3% | 4.4% | 3.2% | 4.2% | 12.9% | 4.1% | 1.7% | 1.8% |
| FCF Yield | — | — | 3.1% | 4.8% | 2.5% | 2.2% | 2.7% | 4.6% | 1.9% | 4.3% | 5.4% |
| Buyback Yield | 1.2% | 1.5% | 0.7% | 1.1% | 1.1% | 0.4% | 1.0% | 0.6% | 1.5% | 0.0% | 0.1% |
| Total Shareholder Yield | 2.1% | 2.8% | 1.2% | 1.7% | 1.5% | 0.9% | 1.9% | 2.3% | 2.6% | 2.5% | 6.0% |
| Shares Outstanding | — | $939M | $944M | $912M | $924M | $920M | $904M | $911M | $906M | $886M | $881M |
Compare STM 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 |
|---|---|---|---|---|---|---|---|---|---|
| STMYou | $30B | 20.2 | 9.0 | — | 39.3% | 12.6% | 9.0% | 7.1% | 0.9 |
| AVGO | $1.5T | 67.0 | 44.1 | 56.3 | 67.8% | 39.9% | 31.0% | 14.9% | 1.8 |
| TXN | $193B | 38.9 | 25.3 | 74.0 | 57.0% | 34.1% | 30.1% | 16.6% | 1.8 |
| ADI | $174B | 78.0 | 36.5 | 40.6 | 61.5% | 26.6% | 6.6% | 5.4% | 1.8 |
| QCOM | $153B | 28.4 | 11.6 | 11.9 | 55.4% | 27.9% | 23.3% | 29.1% | 1.2 |
| MRVL | $71B | -80.1 | 116.5 | 50.9 | 41.3% | -12.5% | -6.3% | -3.1% | 6.8 |
| NXPI | $57B | 28.6 | 16.0 | 23.6 | 54.4% | 27.0% | 20.2% | 13.5% | 3.0 |
| MCHP | $40B | -9999.0 | 43.1 | 52.1 | 56.1% | 6.7% | -0.0% | 1.8% | 5.4 |
| ALAB | $20B | 97.4 | 111.3 | 71.8 | 75.7% | 20.3% | 18.8% | 12.5% | — |
| MTSI | $19B | -339.9 | 98.7 | 96.5 | 54.9% | 13.4% | -4.4% | 6.0% | 2.8 |
| SITM | $10B | -98.2 | — | — | 51.6% | -56.9% | -13.3% | -12.3% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonSTMicroelectronics N.V.'s current P/E ratio is 20.2x. The historical average is 35.2x. This places it at the 32th percentile of its historical range.
STMicroelectronics N.V.'s current EV/EBITDA is 9.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.5x.
STMicroelectronics N.V.'s return on equity (ROE) is 9.0%. The historical average is 8.9%.
Based on historical data, STMicroelectronics N.V. is trading at a P/E of 20.2x. This is at the 32th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
STMicroelectronics N.V.'s current dividend yield is 0.91% with a payout ratio of 18.5%.
STMicroelectronics N.V. has 39.3% gross margin and 12.6% operating margin. Operating margin between 10-20% is typical for established companies.
STMicroelectronics N.V.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.