Photronics PLAB Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 33.8%-2.5pp | 35.1%-1.0pp | 35.3%-1.1pp | 35.8%-0.7pp | 36.3%-1.0pp | |
| Operating margin | 22.9%-2.3pp | 24.5%-0.6pp | 24.5%-1.0pp | 24.7%-1.7pp | 25.2%-2.3pp | |
| Net margin | 18.5%+4.5pp | 15.8%-1.2pp | 16.1%+1.0pp | 12.7%-3.6pp | 14%-1.1pp | |
| EBITDA margin | 31.8%-2.9pp | 33.3%-1.3pp | 33.6%-1.5pp | 34.1%-1.6pp | 34.7%-1.8pp | |
| Free cash flow margin | 11.2%— | —— | —— | —— | —— | |
| Returns | ||||||
| Return on equity | 13.6%+2.3pp | 11.7%-2.0pp | 11.9%-0.6pp | 9.9%-4.0pp | 11.2%-2.4pp | |
| Return on assets | 8.8%+1.5pp | 7.6%-1.4pp | 7.8%-0.3pp | 6.4%-2.6pp | 7.3%-1.5pp | |
| Return on invested capital | 26.1%-3.1pp | 31.7%-0.1pp | 28.3%-1.9pp | 26.9%-4.5pp | 29.2%-1.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×-0.1× | 0.5×0.0× | 0.5×-0.1× | |
| Inventory turnover | 8.8×-0.6× | 9.3×-0.9× | 9.3×-1.1× | 9.2×-0.7× | 9.5×-0.7× | |
| Liquidity | ||||||
| Current ratio | 5×-0.1× | 4.6×-1.1× | 5.4×+0.3× | 5×+0.3× | 5.1×+0.8× | |
| Quick ratio | 4.7×-0.1× | 4.3×-1.0× | 5×+0.2× | 4.6×+0.2× | 4.8×+0.7× | |
| Cash ratio | 2.8×-0.4× | 2.6×-1.3× | 3×-0.3× | 2.8×-0.1× | 3.2×+0.7× | |
| Leverage | ||||||
| Debt-to-equity | 0×— | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×— | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -1.9×-0.1× | -1.9×+0.2× | -1.7×+0.1× | -1.7×0.0× | -1.8×-0.3× | |
| Per Share | ||||||
| Book value per share | $21.13+17.0% | $20.75+15.3% | $19.59+9.0% | $19.38+13.3% | $18.06+8.9% | |
| Valuation | ||||||
| Market capitalization | $2.92B+146% | $2.04B+40.2% | $1.41B+0.1% | $1.22B-22.0% | $1.19B-29.5% | |
| Enterprise value | $2.41B+268% | $1.49B+83.6% | $921.08M+8.5% | $742.23M-29.3% | $653.82M-46.0% | |
| Price / earnings | 18.3×+8.4× | 15×+5.1× | 10.3×-0.4× | 11.3×+0.2× | 9.9×-2.7× | |
| Price / sales | 3.4×+2.0× | 2.4×+0.7× | 1.7×0.0× | 1.4×-0.4× | 1.4×-0.5× | |
| Price / book | 2.4×+1.3× | 1.7×+0.4× | 1.2×-0.1× | 1.1×-0.4× | 1.1×-0.5× | |
| EV / EBITDA | 8.8×+6.6× | 5.2×+2.5× | 3.2×+0.4× | 2.5×-0.8× | 2.2×-1.5× | |
| EV / sales | 2.8×+2.0× | 1.7×+0.8× | 1.1×+0.1× | 0.9×-0.3× | 0.8×-0.6× | |
| Free cash flow yield | 3.3%— | —— | —— | —— | —— | |
| Earnings yield | 5.5%-4.7pp | 6.7%-3.4pp | 9.7%+0.4pp | 8.9%-0.2pp | 10.1%+2.1pp | |
| PEG ratio | 0.6×— | —— | 2.4×-0.2× | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Photronics's profit margins?
- Photronics (PLAB) runs a 33.8% gross margin and a 22.9% operating margin, with a 18.5% net margin.
- Where do Photronics's ratios come from?
- Every ratio is computed from Photronics'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.