Nvidia NVDA Ratios & Valuation
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 74.1%+4.0pp | 71.1%-3.9pp | 70.1%-5.8pp | 69.8%-6.1pp | 70.1%-5.2pp | |
| Operating margin | 64%+6.0pp | 60.4%-2.0pp | 58.8%-3.9pp | 58.1%-3.8pp | 58%-1.8pp | |
| Net margin | 63%+11.3pp | 55.6%-0.2pp | 53%-2.7pp | 52.4%-2.6pp | 51.7%-1.7pp | |
| Returns | ||||||
| Return on equity | 114.3%-1.2pp | 101.5%-17.7pp | 107.4%-19.9pp | 109.4%-14.3pp | 115.5%-0.2pp | |
| Return on invested capital | 99.8%-13.5pp | 92.6%-18.0pp | 101.4%-14.7pp | 104.1%-8.0pp | 113.3%+14.7pp | |
| Efficiency | ||||||
| Asset turnover | 1.3×-0.2× | 1.4×-0.1× | 1.5×-0.1× | 1.5×0.0× | 1.5×+0.2× | |
| Liquidity | ||||||
| Current ratio | 3.4×+0.1× | 3.9×-0.5× | 4.5×+0.4× | 4.2×-0.1× | 3.4×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×-0.1× | 0.1×-0.1× | 0.1×-0.1× | 0.1×-0.1× | 0.1×-0.1× | |
| Net debt / EBITDA | -0×+0.1× | 0×0.0× | -0×0.0× | -0×0.0× | -0.1×-0.1× | |
| Per Share | ||||||
| Book value per share | $8.01+135% | $6.42+101% | $4.86+82.6% | $4.08+74.4% | $3.41+72.5% | |
| Valuation | ||||||
| Market capitalization | $4.85T+86.7% | $4.65T+58.0% | $4.93T+51.1% | $4.34T+50.8% | $2.6T+22.3% | |
| Price / earnings | 30.4×-3.4× | 38.7×-1.7× | 49.7×-2.0× | 50.1×-4.2× | 33.8×-16.0× | |
| Price / sales | 19.1×+1.6× | 21.5×-1.0× | 26.3×-2.5× | 26.3×-3.6× | 17.5×-9.1× | |
| Price / book | 24.8×-6.2× | 29.5×-7.5× | 41.5×-8.1× | 43.3×-6.1× | 31×-12.2× | |
| EV / EBITDA | 29.3×-0.1× | 34.9×-0.4× | 43.7×-1.1× | 44.1×-2.9× | 29.4×-13.8× | |
| Dividend yield | 0%0.0pp | 0%0.0pp | 0%0.0pp | 0%0.0pp | 0%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Nvidia's profit margins?
- Nvidia (NVDA) runs a 74.1% gross margin and a 64.0% operating margin, with a 63.0% net margin.
- Where do Nvidia's ratios come from?
- Every ratio is computed from Nvidia'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.
