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NVE Corporation NVEC Return on assets

Return on assets at other companies

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7%+3.1pp
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15.8%+1.6pp
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5.5%-2.6pp
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-1.1%-0.5pp
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-0.7%-3.0pp

Other financials

Income statement

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Revenue$7.7M+5.3%
Gross profit$5.9M+3.4%
Operating income$4.7M+11.4%
Net income$4.9M+26.6%
EPS (diluted)$1.02+27.5%

Balance sheet

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Cash & equivalents$1.7M-78.7%
Total debt$905.5K-1.7%
Total equity$58.2M-6.5%
Total assets$60.4M-6.1%

Cash flow

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Operating cash flow$4.5M+80.7%
CapEx$9.0M-11.6%
Free cash flow$12.4M-0.8%

Valuation

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Market cap$456.24M+35.7%
Enterprise value$455.43M+38.4%
P/E30×+7.7×
P/S17.3×+4.3×

Profitability

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Gross margin78.7%-4.9pp
Operating margin60.5%-1.4pp
Net margin57.7%-0.5pp
FCF margin53.8%+0.7pp

Returns & leverage

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Return on equity25.2%+1.7pp
Debt / equity0.0×
Current ratio28.2×-0.2×

Where this comes from

Calculated from NVE Corporation’s reported figures.

Based on trailing twelve months.

The official record: NVE Corporation’s 10-K, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NVE Corporation's return on assets?
NVE Corporation (NVEC) reported return on assets of 24.4% in Q1 2026.
How has NVE Corporation's return on assets changed year-over-year?
NVE Corporation's return on assets increased by 6.1% year-over-year, from 23% to 24.4%.
What is the long-term trend for NVE Corporation's return on assets?
Over 5 years (2021 to 2026), NVE Corporation's return on assets has grown at a 9.6% compound annual growth rate (CAGR), from 15.4% to 24.4%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.