Photronics (PLAB) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
866.9M
Gross Profit
315.9M
36.44%
Operating Income
221.5M
25.55%
Net Income
183.8M
21.21%
EPS (Diluted)
$2.09
Balance Sheet Metrics
Total Assets
1.7B
Total Liabilities
231.3M
Shareholders Equity
1.5B
Debt to Equity
0.16
Cash Flow Metrics
Operating Cash Flow
261.4M
Free Cash Flow
130.4M
Revenue & Profitability Trend
Photronics Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 866.9M | 892.1M | 824.5M | 663.8M | 609.7M |
| Cost of Goods Sold | 551.0M | 555.9M | 530.3M | 496.7M | 475.0M |
| Gross Profit | 315.9M | 336.2M | 294.2M | 167.0M | 134.7M |
| Operating Expenses | 94.4M | 83.1M | 82.3M | 72.5M | 70.7M |
| Operating Income | 221.5M | 253.0M | 211.9M | 94.6M | 63.9M |
| Pre-tax Income | 247.4M | 269.9M | 239.0M | 102.0M | 61.6M |
| Income Tax | 63.6M | 70.3M | 59.8M | 23.2M | 21.3M |
| Net Income | 183.8M | 199.6M | 179.2M | 78.8M | 40.3M |
| EPS (Diluted) | $2.09 | $2.03 | $1.94 | $0.89 | $0.52 |
Income Statement Trend
Photronics Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 931.1M | 785.4M | 644.7M | 550.6M | 500.1M |
| Non-Current Assets | 781.0M | 740.8M | 671.2M | 743.6M | 688.0M |
| Total Assets | 1.7B | 1.5B | 1.3B | 1.3B | 1.2B |
| Liabilities | |||||
| Current Liabilities | 183.8M | 185.2M | 193.8M | 176.1M | 142.9M |
| Non-Current Liabilities | 47.5M | 65.4M | 59.9M | 117.5M | 83.0M |
| Total Liabilities | 231.3M | 250.6M | 253.7M | 293.6M | 225.9M |
| Equity | |||||
| Total Shareholders Equity | 1.5B | 1.3B | 1.1B | 1.0B | 962.3M |
Balance Sheet Composition
Photronics Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 183.8M | 199.6M | 179.2M | 78.8M | 40.3M |
| Operating Cash Flow | 261.4M | 302.2M | 275.2M | 150.8M | 143.0M |
| Investing Activities | |||||
| Capital Expenditures | -130.9M | -131.3M | -112.3M | -109.1M | -70.8M |
| Investing Cash Flow | -156.4M | -101.4M | -147.6M | -103.3M | -65.6M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -6.6M | -18.4M | -43.0M | -57.3M | -16.0M |
| Free Cash Flow | 130.4M | 170.8M | 162.6M | 41.5M | 72.1M |
Cash Flow Trend
Photronics Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
9.49
Forward P/E
8.33
Price to Book
0.98
Price to Sales
1.29
PEG Ratio
8.33
Profitability Ratios
Profit Margin
14.00%
Operating Margin
26.41%
Return on Equity
11.93%
Return on Assets
8.16%
Financial Health
Current Ratio
5.13
Debt to Equity
0.00
Beta
1.38
Per Share Data
EPS (TTM)
$1.93
Book Value per Share
$18.75
Revenue per Share
$13.90
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| plab | 1.1B | 9.49 | 0.98 | 11.93% | 14.00% | 0.00 |
| Applied Materials | 156.6B | 23.75 | 8.26 | 36.37% | 24.06% | 35.18 |
| Lam Research | 117.2B | 25.52 | 12.36 | 53.14% | 27.19% | 47.15 |
| Axcelis | 2.4B | 13.51 | 2.31 | 18.45% | 18.58% | 7.05 |
| Kulicke & Soffa | 1.9B | 94.92 | 2.16 | 2.29% | 3.11% | 4.20 |
| Acm Research | 1.8B | 18.08 | 1.91 | 12.68% | 13.28% | 20.53 |
Financial data is updated regularly. All figures are in the company's reporting currency.