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NVE Corporation NVEC Asset turnover

Asset turnover at other companies

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Analog DevicesADI
0.3×+0.1×
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0.5×+0.1×
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0.5×0.0×
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Allegro MicroSystems, Inc.ALGM
0.6×+0.1×
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Other financials

Income statement

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Revenue$11.0M+80.7%
Gross profit$9.0M+82.2%
Operating income$7.3M+92.1%
Net income$6.4M+78.8%
EPS (diluted)$1.32+78.4%

Balance sheet

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Cash & equivalents$2.9M-10.1%
Total debt$905.8K+1.5%
Total equity$59.8M-2.1%
Total assets$62.1M-2.3%

Cash flow

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Operating cash flow$5.3M+2.2%
CapEx$4.2M-58.2%
Free cash flow$1.1M+122%

Valuation

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Market cap$609.19M+105%
Enterprise value$607.2M+106%
P/E33.8×+13.4×
P/S19.5×+7.7×

Profitability

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Gross margin79.3%-3.1pp
Operating margin62.1%+1.0pp
Net margin57.6%-0.1pp
FCF margin53.8%+0.7pp

Returns & leverage

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Return on equity29.8%+6.7pp
Debt / equity0.0×
Current ratio23.7×+7.6×

Where this comes from

Calculated from NVE Corporation’s reported figures.

Based on trailing twelve months.

The source filing: NVE Corporation’s 10-Q, filed July 22, 2026. Open the filing →

Filed
Jul 22, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2027
Calendar quarter
Q3 2026
Accession
0001376474-26-000514

FAQ

What is NVE Corporation's asset turnover?
NVE Corporation (NVEC) reported asset turnover of 0.5× in Q2 2026.
How has NVE Corporation's asset turnover changed year-over-year?
NVE Corporation's asset turnover increased by 28.6% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for NVE Corporation's asset turnover?
Over 5 years (2021 to 2026), NVE Corporation's asset turnover has grown at a 8.5% compound annual growth rate (CAGR), from 0.3× to 0.4×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

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