Advanced Micro Devices AMD Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 50.3%+0.8pp | 49.5%+1.3pp | 48.3%+0.6pp | 47.6%-2.5pp | 50.1%+0.7pp | |
| Operating margin | 11.7%+1.0pp | 10.7%+1.9pp | 8.8%+1.1pp | 7.7%-2.0pp | 9.6%+2.3pp | |
| Net margin | 13.4%+0.9pp | 12.5%+2.2pp | 10.3%+0.7pp | 9.6%+1.5pp | 8%+1.7pp | |
| EBITDA margin | 18.2%+0.5pp | 17.7%+1.4pp | 16.4%+0.5pp | 15.9%-2.6pp | 18.4%+1.4pp | |
| Free cash flow margin | 22.9%+3.4pp | 19.4%+2.4pp | 17%+3.4pp | 13.7%+3.7pp | 9.9%+0.6pp | |
| Returns | ||||||
| Return on equity | 8.2%+1.0pp | 7.2%+1.6pp | 5.6%+0.7pp | 4.9%+1.0pp | 3.9%+1.0pp | |
| Return on assets | 6.6%+0.7pp | 5.9%+1.4pp | 4.5%+0.5pp | 4%+0.8pp | 3.2%+0.8pp | |
| Return on invested capital | 7.3%+1.0pp | 6.2%+1.4pp | 4.8%+0.9pp | 4%+0.2pp | 3.8%+1.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Inventory turnover | 2.6×0.0× | 2.6×-0.1× | 2.6×0.0× | 2.7×+0.2× | 2.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.1× | 2.9×+0.5× | 2.3×-0.2× | 2.5×-0.3× | 2.8×+0.2× | |
| Quick ratio | 2×-0.1× | 2×+0.3× | 1.7×-0.1× | 1.8×-0.2× | 2×+0.1× | |
| Cash ratio | 0.5×-0.1× | 0.6×+0.2× | 0.4×0.0× | 0.5×-0.3× | 0.8×+0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | -0.1×0.0× | -0.1×-0.1× | -0×+0.1× | -0.1×+0.1× | -0.3×+0.1× | |
| Interest coverage | 29.5×+1.3× | 28.2×+3.5× | 24.7×+2.0× | 22.7×-8.0× | 30.7×+10.0× | |
| Per Share | ||||||
| Book value per share | $39.07+1.5% | $38.51+4.0% | $37.04+1.2% | $36.60+2.8% | $35.60+1.2% | |
| Valuation | ||||||
| Market capitalization | $331.66B-4.9% | $348.66B+32.8% | $262.56B+17.0% | $224.45B+35.2% | $166.06B-15.3% | |
| Enterprise value | $330.82B-4.9% | $348B+32.6% | $262.49B+17.2% | $223.88B+35.9% | $164.73B-15.3% | |
| Price / earnings | 66.2×-14.2× | 80.4×+1.0× | 79.4×+0.2× | 79.2×+4.6× | 74.6×-44.9× | |
| Price / sales | 8.9×-1.2× | 10.1×+1.9× | 8.2×+0.6× | 7.6×+1.6× | 6×-1.6× | |
| Price / book | 5.1×-0.4× | 5.5×+1.2× | 4.3×+0.6× | 3.8×+0.9× | 2.9×-0.5× | |
| EV / EBITDA | 48.5×-8.2× | 56.7×+6.6× | 50.1×+2.4× | 47.7×+15.5× | 32.2×-12.2× | |
| EV / sales | 8.8×-1.2× | 10×+1.9× | 8.2×+0.6× | 7.6×+1.6× | 5.9×-1.6× | |
| Free cash flow yield | 2.6%+0.7pp | 1.9%-0.1pp | 2.1%+0.3pp | 1.8%+0.1pp | 1.7%+0.4pp | |
| Earnings yield | 1.5%+0.3pp | 1.2%0.0pp | 1.3%0.0pp | 1.3%-0.1pp | 1.3%+0.5pp | |
| PEG ratio | 0.5×0.0× | 0.5×-0.5× | 1×+0.3× | 0.7×0.0× | 0.7×-0.5× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Advanced Micro Devices's profit margins?
- Advanced Micro Devices (AMD) runs a 50.3% gross margin and a 11.7% operating margin, with a 13.4% net margin.
- Where do Advanced Micro Devices's ratios come from?
- Every ratio is computed from Advanced Micro Devices's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
