MaxLinear MXL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.2%+2.0pp | 56.8%+2.8pp | 56.3%+2.5pp | 55.7%+1.7pp | 55.2%+0.6pp | |
| Operating margin | -19.3%+34.7pp | -27.1%+34.8pp | -36.2%+20.7pp | -47.3%-8.2pp | -53.9%-28.0pp | |
| Net margin | -26%+35.7pp | -29.2%+38.8pp | -42.4%+14.9pp | -55.5%-13.2pp | -61.6%-32.9pp | |
| EBITDA margin | -10.7%+29.8pp | -17.7%+29.2pp | -25.6%+16.3pp | -35%-10.2pp | -40.5%-27.3pp | |
| Free cash flow margin | 2%+25.2pp | 1.5%+19.0pp | -7%— | -18.2%— | -23.3%— | |
| Returns | ||||||
| Return on equity | -27.9%+11.5pp | -28.2%+12.5pp | -35.2%+0.7pp | -38%-10.1pp | -39.4%-16.8pp | |
| Return on assets | -16.2%+7.4pp | -16.5%+8.8pp | -21.1%+1.5pp | -22.9%-5.1pp | -23.6%-9.7pp | |
| Return on invested capital | -18.1%+16.1pp | -23.7%+13.4pp | -28.9%+7.3pp | -32.1%-4.5pp | -34.2%-12.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×+0.2× | 0.6×+0.2× | 0.5×+0.1× | 0.4×0.0× | 0.4×-0.1× | |
| Inventory turnover | 2.5×+0.8× | 2.4×+0.7× | 2×+0.3× | 1.9×0.0× | 1.8×-0.2× | |
| Liquidity | ||||||
| Current ratio | 1.7×+0.1× | 1.3×-0.4× | 1.5×-0.4× | 1.5×-0.5× | 1.6×-0.4× | |
| Quick ratio | 1.1×-0.1× | 0.9×-0.4× | 1.1×-0.3× | 1.1×-0.4× | 1.2×-0.4× | |
| Cash ratio | 0.4×-0.1× | 0.4×-0.3× | 0.6×-0.3× | 0.5×-0.5× | 0.5×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×+0.1× | 0.3×+0.1× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Interest coverage | -10.1×+8.2× | -12.6×+7.9× | -14.6×+5.8× | -17.1×-1.2× | -18.3×-5.4× | |
| Per Share | ||||||
| Book value per share | $5.19-10.3% | $5.22-15.5% | $5.33-19.5% | $5.64-23.8% | $5.78-25.3% | |
| Valuation | ||||||
| Market capitalization | $1.5B+63.6% | $1.52B-8.7% | $1.4B+15.8% | $1.17B-29.2% | $919.12M-40.2% | |
| Enterprise value | $1.59B+65.1% | $1.6B-6.1% | $1.43B+18.2% | $1.21B-25.4% | $965.16M-35.7% | |
| Price / sales | 3×+0.4× | 3.3×-1.4× | 3.3×+0.2× | 3.1×-0.6× | 2.5×-0.3× | |
| Price / book | 3.3×+1.4× | 3.4×+0.1× | 3×+0.8× | 2.4×-0.3× | 1.9×-0.5× | |
| EV / sales | 3.1×+0.5× | 3.4×-1.3× | 3.4×+0.3× | 3.2×-0.4× | 2.7×-0.1× | |
| Free cash flow yield | 0.7%+9.8pp | 0.5%+4.2pp | -2.1%— | -5.9%— | -9.1%— | |
| Earnings yield | -8.8%+15.4pp | -9%+5.7pp | -12.8%+5.9pp | -17.9%-6.4pp | -24.2%-14.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are MaxLinear's profit margins?
- MaxLinear (MXL) runs a 57.2% gross margin and a -19.3% operating margin, with a -26.0% net margin.
- Where do MaxLinear's ratios come from?
- Every ratio is computed from MaxLinear'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.
