FormFactor FORM Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 39.4%+0.1pp | 39.3%+0.9pp | 38.4%-0.3pp | 38.7%-1.7pp | 40.4%+0.1pp | |
| Operating margin | 8.4%+1.1pp | 7.3%+1.8pp | 5.5%+0.1pp | 5.4%-0.7pp | 6.1%-2.4pp | |
| Net margin | 8.1%+1.2pp | 6.9%+1.5pp | 5.4%-0.4pp | 5.7%-1.3pp | 7.1%-2.0pp | |
| EBITDA margin | 12.9%+0.8pp | 12.1%+1.7pp | 10.3%+0.3pp | 10%-0.6pp | 10.6%-2.2pp | |
| Free cash flow margin | 4.4%+2.9pp | 1.5%+0.8pp | 0.7%+0.2pp | 0.5%-7.9pp | 8.4%-1.9pp | |
| Returns | ||||||
| Return on equity | 6.8%+1.3pp | 5.5%+1.3pp | 4.2%-0.4pp | 4.5%-1.2pp | 5.7%-1.8pp | |
| Return on assets | 5.7%+1.1pp | 4.6%+1.1pp | 3.5%-0.3pp | 3.8%-1.0pp | 4.8%-1.4pp | |
| Return on invested capital | 6.5%+1.2pp | 5.3%+1.6pp | 3.7%-0.3pp | 4.1%-0.9pp | 5%-2.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.7×0.0× | 0.6×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Inventory turnover | 4.6×+0.1× | 4.5×+0.1× | 4.4×+0.2× | 4.2×0.0× | 4.2×-0.1× | |
| Liquidity | ||||||
| Current ratio | 4.5×+0.1× | 4.5×+0.2× | 4.3×+0.1× | 4.2×-0.2× | 4.4×-0.2× | |
| Quick ratio | 3.7×+0.1× | 3.6×+0.1× | 3.5×+0.1× | 3.3×-0.2× | 3.6×-0.3× | |
| Cash ratio | 1×+0.1× | 0.9×+0.1× | 0.8×+0.2× | 0.6×-0.5× | 1.1×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -0.9×-0.1× | -0.8×+0.1× | -0.9×-0.4× | -0.5×+0.7× | -1.2×+0.4× | |
| Per Share | ||||||
| Book value per share | $13.33+0.8% | $13.22+1.8% | $12.99+1.7% | $12.77+3.0% | $12.40+2.6% | |
| Valuation | ||||||
| Market capitalization | $7.56B+74.8% | $4.32B+54.0% | $2.81B+5.7% | $2.66B+21.1% | $2.19B-35.6% | |
| Enterprise value | $7.46B+75.6% | $4.25B+55.0% | $2.74B+4.5% | $2.62B+24.9% | $2.1B-35.4% | |
| Price / earnings | 110.6×+31.0× | 79.5×+10.8× | 68.8×+8.3× | 60.5×+20.0× | 40.5×-8.5× | |
| Price / sales | 9×+3.5× | 5.5×+1.8× | 3.7×+0.2× | 3.5×+0.6× | 2.9×-1.6× | |
| Price / book | 7.1×+3.0× | 4.2×+1.4× | 2.8×+0.1× | 2.7×+0.4× | 2.3×-1.3× | |
| EV / EBITDA | 68.9×+24.0× | 44.9×+9.9× | 35×+0.8× | 34.2×+8.4× | 25.8×-7.5× | |
| EV / sales | 8.9×+3.5× | 5.4×+1.8× | 3.6×+0.2× | 3.4×+0.7× | 2.7×-1.5× | |
| Free cash flow yield | 0.5%+0.2pp | 0.3%+0.1pp | 0.2%+0.1pp | 0.1%-2.8pp | 2.9%+0.6pp | |
| Earnings yield | 0.9%-0.4pp | 1.3%-0.2pp | 1.5%-0.2pp | 1.7%-0.8pp | 2.5%+0.4pp | |
| PEG ratio | 4.3×— | —— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are FormFactor's profit margins?
- FormFactor (FORM) runs a 39.4% gross margin and a 8.4% operating margin, with a 8.1% net margin.
- Where do FormFactor's ratios come from?
- Every ratio is computed from FormFactor'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.
