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Nvidia NVDA Ratios & Valuation

FY'26FY'25FY'24FY'23
Profitability
Gross margin281.1%-21.0pp302.1%+38.6pp263.5%+23.0pp240.5%-15.0pp
Operating margin235.3%-11.5pp246.8%+96.4pp150.5%+53.4pp97.1%-37.6pp
Net margin212.7%-7.3pp220%+78.9pp141.1%+46.0pp95.1%-34.9pp
Returns
Return on equity433.7%-52.1pp485.8%+266pp219.7%+99.0pp120.7%-39.9pp
Return on invested capital411.4%-26.1pp437.6%+265pp172.9%+82.5pp90.4%-38.3pp
Efficiency
Asset turnover5.7×0.0×5.7×+2.4×3.4×+0.5×2.8×0.0×
Liquidity
Current ratio16×-0.4×16.3×+2.4×14×-1.9×15.8×-8.3×
Leverage
Debt-to-equity0.4×-0.3×0.7×-0.8×1.5×-0.6×+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 / earnings172.3×-23.9×196.2×-163×358.9×+83.5×275.4×-5.8×
Price / sales91.6×-16.2×107.8×-1.2×109.1×+48.2×60.8×-30.4×
Price / book145.3×-34.0×179.2×+43.9×135.4×+60.9×74.5×-18.8×
EV / EBITDA152.1×-18.3×170.4×-127×297×+72.5×224.5×-13.5×
Dividend yield0.1%0.0pp0.1%-0.1pp0.2%-0.2pp0.4%+0.1pp

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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.