Advanced Micro Devices AMD Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 50.3%+0.2pp | 49.5%+0.2pp | 48.3%-0.1pp | 47.6%0.0pp | 50.1%+3.3pp | |
| Operating margin | 11.7%+2.0pp | 10.7%+3.3pp | 8.8%+3.1pp | 7.7%+3.9pp | 9.6%+7.1pp | |
| Net margin | 13.4%+5.3pp | 12.5%+6.2pp | 10.3%+2.8pp | 9.6%+3.8pp | 8%+3.1pp | |
| EBITDA margin | 18.2%-0.2pp | 17.7%+0.7pp | 16.4%— | 15.9%— | 18.4%— | |
| Free cash flow margin | 22.9%+13.0pp | 19.4%+10.1pp | 17%+10.6pp | 13.7%+7.8pp | 9.9%+4.8pp | |
| Returns | ||||||
| Return on equity | 8.2%+4.3pp | 7.2%+4.3pp | 5.6%+2.4pp | 4.9%+2.5pp | 3.9%+1.9pp | |
| Return on assets | 6.6%+3.4pp | 5.9%+3.5pp | 4.5%+1.9pp | 4%+2.0pp | 3.2%+1.5pp | |
| Return on invested capital | 7.3%+3.5pp | 6.2%+3.5pp | 4.8%+2.4pp | 4%+2.4pp | 3.8%+2.7pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.1× | 0.5×+0.1× | 0.4×+0.1× | 0.4×+0.1× | 0.4×+0.1× | |
| Inventory turnover | 2.6×+0.1× | 2.6×0.0× | 2.6×+0.1× | 2.7×+0.1× | 2.5×-0.2× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.1× | 2.9×+0.2× | 2.3×-0.2× | 2.5×-0.3× | 2.8×+0.2× | |
| Quick ratio | 2×0.0× | 2×+0.2× | 1.7×-0.1× | 1.8×-0.2× | 2×+0.1× | |
| Cash ratio | 0.5×-0.3× | 0.6×+0.1× | 0.4×-0.1× | 0.5×-0.2× | 0.8×+0.1× | |
| 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×+0.1× | -0.1×+0.2× | -0×— | -0.1×— | -0.3×— | |
| Interest coverage | 29.5×-1.2× | 28.2×+7.5× | 24.7×+11.0× | 22.7×+14.2× | 30.7×+25.2× | |
| Per Share | ||||||
| Book value per share | $39.07+9.7% | $38.51+9.5% | $37.04+6.4% | $36.60+6.0% | $35.60+3.8% | |
| Valuation | ||||||
| Market capitalization | $331.66B+99.7% | $348.66B+77.9% | $262.56B-1.1% | $224.45B-14.4% | $166.06B-43.1% | |
| Enterprise value | $330.82B+101% | $348B+78.9% | $262.49B-0.5% | $223.88B-14.0% | $164.73B-43.4% | |
| Price / earnings | 66.2×-8.4× | 80.4×-39.0× | 79.4×-66.0× | 79.2×-114× | 74.6×-187× | |
| Price / sales | 8.9×+2.9× | 10.1×+2.5× | 8.2×-2.7× | 7.6×-3.7× | 6×-6.8× | |
| Price / book | 5.1×+2.3× | 5.5×+2.1× | 4.3×-0.3× | 3.8×-0.9× | 2.9×-2.3× | |
| EV / EBITDA | 48.5×+16.2× | 56.7×+12.3× | 50.1×— | 47.7×— | 32.2×— | |
| EV / sales | 8.8×+2.9× | 10×+2.5× | 8.2×-2.7× | 7.6×-3.6× | 5.9×-6.8× | |
| Free cash flow yield | 2.6%+0.9pp | 1.9%+0.7pp | 2.1%+1.5pp | 1.8%+1.3pp | 1.7%+1.3pp | |
| Earnings yield | 1.5%+0.2pp | 1.2%+0.4pp | 1.3%+0.6pp | 1.3%+0.7pp | 1.3%+1.0pp | |
| PEG ratio | 0.5×-0.2× | 0.5×-0.8× | 1×+0.8× | 0.7×— | 0.7×-0.7× |
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.
