GlobalFoundries (GFS) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
6.8B
Gross Profit
1.7B
24.46%
Operating Income
728.0M
10.79%
Net Income
-262.0M
-3.88%
Balance Sheet Metrics
Total Assets
16.8B
Total Liabilities
6.0B
Shareholders Equity
10.8B
Debt to Equity
0.55
Cash Flow Metrics
Operating Cash Flow
1.3B
Free Cash Flow
1.1B
Revenue & Profitability Trend
GlobalFoundries Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 6.8B | 7.4B | 8.1B | 6.6B | 4.9B |
| Cost of Goods Sold | 5.1B | 5.3B | 5.9B | 5.6B | 5.6B |
| Gross Profit | 1.7B | 2.1B | 2.2B | 1.0B | -712.0M |
| Operating Expenses | 897.0M | 876.0M | 933.0M | 1.0B | 848.1M |
| Operating Income | 728.0M | 1.2B | 1.3B | -60.0M | -1.6B |
| Pre-tax Income | -170.0M | 1.1B | 1.5B | -176.0M | -1.4B |
| Income Tax | 92.0M | 66.0M | 86.0M | 78.0M | -12.0M |
| Net Income | -262.0M | 1.0B | 1.4B | -254.0M | -1.4B |
| EPS (Diluted) | - | $1.83 | $2.62 | -$0.50 | -$2.54 |
Income Statement Trend
GlobalFoundries Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 6.4B | 6.3B | 5.8B | 5.3B | 3.0B |
| Non-Current Assets | 10.4B | 11.7B | 12.0B | 9.7B | 9.3B |
| Total Assets | 16.8B | 18.0B | 17.8B | 15.0B | 12.3B |
| Liabilities | |||||
| Current Liabilities | 3.0B | 3.1B | 3.4B | 3.2B | 1.9B |
| Non-Current Liabilities | 2.9B | 3.8B | 4.5B | 3.8B | 3.2B |
| Total Liabilities | 6.0B | 6.9B | 7.9B | 7.0B | 5.1B |
| Equity | |||||
| Total Shareholders Equity | 10.8B | 11.2B | 10.0B | 8.0B | 7.2B |
Balance Sheet Composition
GlobalFoundries Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -262.0M | 1.0B | 1.4B | -254.0M | -1.4B |
| Operating Cash Flow | 1.3B | 2.3B | 3.1B | 2.9B | 1.1B |
| Investing Activities | |||||
| Capital Expenditures | -569.0M | -1.8B | -3.0B | -1.4B | -483.0M |
| Investing Cash Flow | -1.1B | -1.9B | -4.1B | -1.4B | -366.0M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -785.0M | -212.0M | 842.0M | 650.0M | -733.0M |
| Free Cash Flow | 1.1B | 321.0M | -435.0M | 1.1B | 412.0M |
Cash Flow Trend
GlobalFoundries Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
28.59
Forward P/E
23.27
Price to Book
2.09
Price to Sales
3.41
PEG Ratio
23.27
Profitability Ratios
Profit Margin
-2.77%
Operating Margin
9.53%
Return on Equity
-1.65%
Return on Assets
2.62%
Financial Health
Current Ratio
2.51
Debt to Equity
14.69
Beta
1.50
Per Share Data
EPS (TTM)
-$0.34
Book Value per Share
$19.93
Revenue per Share
$12.28
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| gfs | 23.1B | 28.59 | 2.09 | -1.65% | -2.77% | 14.69 |
| Nvidia | 3.5T | 46.25 | 41.84 | 115.46% | 51.69% | 12.27 |
| Broadcom | 1.3T | 100.08 | 4.63 | 18.98% | 22.64% | 166.03 |
| Advanced Micro | 223.5B | 101.34 | 3.85 | 3.90% | 8.02% | 8.17 |
| Texas Instruments | 185.5B | 38.60 | 11.31 | 29.19% | 30.36% | 78.31 |
| Qualcomm | 168.1B | 15.61 | 6.08 | 42.21% | 26.11% | 52.74 |
Financial data is updated regularly. All figures are in the company's reporting currency.