Super Micro Computer, Inc. SMCI Ratios & Valuation
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 37.6%-2.9pp | 40.4%-4.4pp | 44.8%-3.1pp | 48%-2.7pp | 50.7%-4.7pp | |
| Operating margin | 18.3%-1.6pp | 19.9%-3.7pp | 23.6%-3.8pp | 27.4%-2.4pp | 29.8%-3.6pp | |
| Net margin | 15.4%-1.6pp | 17%-3.8pp | 20.8%-3.8pp | 24.6%-2.9pp | 27.5%-3.5pp | |
| Returns | ||||||
| Return on equity | 61.8%-2.2pp | 63.9%-17.8pp | 81.8%-22.5pp | 104.3%-13.3pp | 117.6%-10.5pp | |
| Return on assets | 27%-4.4pp | 31.5%-14.5pp | 45.9%-12.7pp | 58.6%-8.3pp | 66.9%-5.7pp | |
| Return on invested capital | 94.8%-17.0pp | 111.8%-15.9pp | 127.7%-23.5pp | 151.2%+1.0pp | 150.2%-11.5pp | |
| Efficiency | ||||||
| Asset turnover | 7×-0.2× | 7.2×-1.3× | 8.5×-0.8× | 9.3×-0.4× | 9.7×+0.2× | |
| Inventory turnover | 15.6×-0.7× | 16.3×-2.4× | 18.7×-1.1× | 19.8×-0.1× | 20×+1.3× | |
| Liquidity | ||||||
| Current ratio | 15×-4.0× | 19×-4.7× | 23.7×+2.0× | 21.7×+1.4× | 20.3×+2.0× | |
| Quick ratio | 8.5×-2.7× | 11.2×-2.7× | 13.9×+1.2× | 12.7×+1.3× | 11.4×+1.7× | |
| Cash ratio | 4.4×-1.6× | 6×-0.8× | 6.8×+1.1× | 5.8×+1.5× | 4.3×+0.5× | |
| Leverage | ||||||
| Debt-to-equity | 1.1×+0.8× | 0.3×0.0× | 0.2×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Debt-to-assets | 0.4×+0.2× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.2×0.0× | |
| Interest coverage | 57.8×-21.5× | 79.3×-34.5× | 113.8×-30.6× | 144.4×-41.5× | 185.9×-25.7× | |
| Per Share | ||||||
| Book value per share | $40.88+1.7% | $40.20+0.7% | $39.93+1.6% | $39.29+2.7% | $38.26+5.4% | |
| Valuation | ||||||
| Market capitalization | $85.2B-7.2% | $91.85B-0.4% | $92.23B+4.6% | $88.17B-20.3% | $110.7B-24.9% | |
| Enterprise value | $78.17B+0.7% | $77.63B-3.5% | $80.43B+2.3% | $78.61B-24.9% | $104.73B-26.2% | |
| Price / earnings | 91.3×-6.7× | 98×+7.7× | 90.3×+18.7× | 71.6×-17.3× | 88.9×-36.7× | |
| Price / sales | 3.5×-0.5× | 4.1×-0.2× | 4.3×+0.1× | 4.3×-2.0× | 6.3×-3.9× | |
| Price / book | 12.7×-1.4× | 14.1×-0.4× | 14.5×+0.2× | 14.3×-4.8× | 19.1×-8.0× | |
| EV / sales | 3.2×-0.3× | 3.5×-0.3× | 3.8×0.0× | 3.8×-2.2× | 6×-3.8× | |
| Earnings yield | 21%+3.5pp | 17.5%-3.1pp | 20.6%-3.0pp | 23.7%+1.7pp | 22%+3.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Super Micro Computer, Inc.'s profit margins?
- Super Micro Computer, Inc. (SMCI) runs a 8.4% gross margin and a 4.5% operating margin, with a 3.7% net margin.
- Where do Super Micro Computer, Inc.'s ratios come from?
- Every ratio is computed from Super Micro Computer, Inc.'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.
