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Illumina ILMN Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin66.2%+0.1pp66.1%-0.1pp66.2%-0.3pp66.6%+0.2pp66.3%+0.9pp
Operating margin19.4%+0.8pp18.6%
Net margin19.4%-0.2pp19.6%+3.2pp16.4%-13.0pp29.3%+51.6pp-22.3%+5.7pp
Returns
Return on equity33.8%+0.5pp33.4%+2.2pp31.2%-36.9pp68.1%+91.9pp-23.8%+6.3pp
Return on invested capital19.6%+0.8pp18.8%
Efficiency
Asset turnover0.7×0.0×0.7×0.0×0.7×0.0×0.7×+0.2×0.5×0.0×
Liquidity
Current ratio1.7×-0.3×2.1×+0.6×1.4×-0.4×1.8×0.0×1.9×+0.1×
Leverage
Debt-to-equity0.8×0.0×0.8×+0.1×0.7×-0.3×0.9×0.0×0.9×0.0×
Net debt / EBITDA0.9×+0.3×0.6×
Per Share
Book value per share$17.38-0.4%$17.46+12.9%$15.46+7.5%$14.38-3.4%$14.89-0.2%
Valuation
Market capitalization$18.85B-6.0%$20.04B+37.3%$14.6B+0.8%$14.49B+15.3%$12.57B-40.7%
Price / earnings22.1×-1.5×23.6×+2.8×20.8×+9.3×11.5×
Price / sales4.3×-0.3×4.6×+1.2×3.4×0.0×3.4×+0.5×2.9×-1.9×
Price / book-0.3×7.4×+1.2×6.1×-0.3×6.4×+1.1×5.3×-3.6×
EV / EBITDA17.7×-1.6×19.2×

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Questions, answered.

What are Illumina's profit margins?
Illumina (ILMN) runs a 66.2% gross margin and a 19.4% operating margin, with a 19.4% net margin.
Where do Illumina's ratios come from?
Every ratio is computed from Illumina'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.