Nvidia NVDA Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 71.1%-3.9pp | 75%+2.3pp | 72.7%+15.8pp | 56.9%-8.0pp | |
| Operating margin | 60.4%-2.0pp | 62.4%+8.3pp | 54.1%+38.5pp | 15.7%-21.6pp | |
| Net margin | 55.6%-0.2pp | 55.8%+7.0pp | 48.8%+32.7pp | 16.2%-20.0pp | |
| EBITDA margin | 61.7%-2.1pp | 63.8%+7.3pp | 56.6%+35.2pp | 21.4%-20.3pp | |
| Free cash flow margin | 44.8%-1.9pp | 46.6%+2.3pp | 44.4%— | —— | |
| Returns | |||||
| Return on equity | 101.5%-17.7pp | 119.2%+27.7pp | 91.5%+73.5pp | 17.9%-26.9pp | |
| Return on assets | 75.4%-6.8pp | 82.2%+26.5pp | 55.7%+45.4pp | 10.2%-16.5pp | |
| Return on invested capital | 92.6%-18.0pp | 110.6%+35.7pp | 74.9%+62.3pp | 12.6%-20.8pp | |
| Efficiency | |||||
| Asset turnover | 1.4×-0.1× | 1.5×+0.3× | 1.1×+0.5× | 0.6×-0.1× | |
| Inventory turnover | 4×-0.3× | 4.2×+1.1× | 3.2×+0.2× | 3×-1.3× | |
| Liquidity | |||||
| Current ratio | 3.9×-0.5× | 4.4×+0.3× | 4.2×+0.7× | 3.5×-3.1× | |
| Quick ratio | 3.2×-0.6× | 3.9×+0.2× | 3.7×+0.9× | 2.7×-3.3× | |
| Cash ratio | 0.3×-0.1× | 0.5×-0.2× | 0.7×+0.2× | 0.5×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 0.1×-0.1× | 0.1×-0.1× | 0.3×-0.3× | 0.5×+0.1× | |
| Debt-to-assets | 0.1×0.0× | 0.1×-0.1× | 0.2×-0.1× | 0.3×0.0× | |
| Net debt / EBITDA | 0×0.0× | 0×-0.1× | 0.1×-1.4× | 1.5×+0.6× | |
| Interest coverage | 503.4×+174× | 329.8×+201× | 128.3×+112× | 16.1×-26.4× | |
| Per Share | |||||
| Book value per share | $6.42+101% | $3.20+85.6% | $1.72+95.5% | $0.88-91.6% | |
| Valuation | |||||
| Market capitalization | $4.65T+58.0% | $2.94T+94.1% | $1.51T+214% | $482.63B-21.5% | |
| Enterprise value | $4.65T+57.9% | $2.94T+93.7% | $1.52T+209% | $491.27B-21.3% | |
| Price / earnings | 38.7×-1.7× | 40.3×-10.6× | 50.9×-59.6× | 110.5×+47.5× | |
| Price / sales | 21.5×-1.0× | 22.5×-2.3× | 24.9×+7.0× | 17.9×-4.9× | |
| Price / book | 29.5×-7.5× | 37.1×+1.8× | 35.2×+13.4× | 21.8×-1.3× | |
| EV / EBITDA | 34.9×-0.4× | 35.3×-8.7× | 44×-41.1× | 85.2×+29.5× | |
| EV / sales | 21.5×-1.0× | 22.5×-2.4× | 24.9×+6.7× | 18.2×-5.0× | |
| Free cash flow yield | 2.1%0.0pp | 2.1%+0.3pp | 1.8%— | —— | |
| Earnings yield | 2.6%+0.1pp | 2.5%+0.5pp | 2%+1.1pp | 0.9%-0.7pp | |
| Dividend yield | 0%0.0pp | 0%0.0pp | 0%-0.1pp | 0.1%0.0pp | |
| PEG ratio | 0.6×+0.3× | 0.3×+0.2× | 0.1×— | —— |
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.
