Nvidia NVDA Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 281.1%-21.0pp | 302.1%+38.6pp | 263.5%+23.0pp | 240.5%-15.0pp | |
| Operating margin | 235.3%-11.5pp | 246.8%+96.4pp | 150.5%+53.4pp | 97.1%-37.6pp | |
| Net margin | 212.7%-7.3pp | 220%+78.9pp | 141.1%+46.0pp | 95.1%-34.9pp | |
| Returns | |||||
| Return on equity | 433.7%-52.1pp | 485.8%+266pp | 219.7%+99.0pp | 120.7%-39.9pp | |
| Return on invested capital | 411.4%-26.1pp | 437.6%+265pp | 172.9%+82.5pp | 90.4%-38.3pp | |
| Efficiency | |||||
| Asset turnover | 5.7×0.0× | 5.7×+2.4× | 3.4×+0.5× | 2.8×0.0× | |
| Liquidity | |||||
| Current ratio | 16×-0.4× | 16.3×+2.4× | 14×-1.9× | 15.8×-8.3× | |
| Leverage | |||||
| Debt-to-equity | 0.4×-0.3× | 0.7×-0.8× | 1.5×-0.6× | 2×+0.1× | |
| Net debt / EBITDA | -0.1×-0.2× | 0.1×-1.8× | 1.9×-2.5× | 4.4×+0.6× | |
| Per Share | |||||
| Book value per share | $18.76+84.4% | $10.17-27.4% | $14.00-52.2% | $29.28-17.9% | |
| Valuation | |||||
| Market capitalization | $16.51T+47.4% | $11.2T+157% | $4.36T+150% | $1.74T-17.9% | |
| Price / earnings | 172.3×-23.9× | 196.2×-163× | 358.9×+83.5× | 275.4×-5.8× | |
| Price / sales | 91.6×-16.2× | 107.8×-1.2× | 109.1×+48.2× | 60.8×-30.4× | |
| Price / book | 145.3×-34.0× | 179.2×+43.9× | 135.4×+60.9× | 74.5×-18.8× | |
| EV / EBITDA | 152.1×-18.3× | 170.4×-127× | 297×+72.5× | 224.5×-13.5× | |
| Dividend yield | 0.1%0.0pp | 0.1%-0.1pp | 0.2%-0.2pp | 0.4%+0.1pp |
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.
