SLAB - Silicon Laboratories Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$151.67
DETAILS
HIGH:
$165.00
LOW:
$130.00
MEDIAN:
$160.00
CONSENSUS:
$151.67
UPSIDE:
1.97%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 584.4 | 782.3 | 1,024.1 | 720.9 | 510.9 | 473.8 | 868.3 | 768.9 | 697.6 | 644.8 |
| Cost of Revenue | 272.2 | 321.7 | 381.5 | 295.5 | 216.1 | 193.6 | 346.9 | 314.7 | 276.1 | 264.1 |
| Gross Profit | 312.2 | 460.6 | 642.6 | 425.4 | 294.8 | 280.2 | 521.4 | 454.2 | 421.5 | 380.8 |
| Operating Expenses | ||||||||||
| R&D Expenses | 332.2 | 337.7 | 332.3 | 273.2 | 235.2 | 205.7 | 238.3 | 209.5 | 199.7 | 188.1 |
| SG&A Expenses | 145.5 | 147.0 | 191.0 | 185.0 | 166.7 | 163.2 | 197.8 | 159.7 | 155.5 | 160.5 |
| Other Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.5) | 0.1 |
| Operating Expenses | 477.7 | 484.7 | 523.3 | 458.2 | 401.9 | 368.9 | 436.2 | 369.2 | 355.2 | 348.5 |
| Operating Income | ||||||||||
| Operating Income | (165.5) | (24.2) | 119.3 | (32.8) | (107.1) | (88.6) | 85.2 | 85.0 | 66.3 | 32.2 |
| Interest Expense | 1.3 | 5.6 | 6.7 | 31.0 | 34.1 | 20.2 | 19.7 | 14.1 | 2.6 | 2.8 |
| Interest Income | 12.0 | 19.2 | 13.9 | 5.7 | 9.0 | 12.9 | 6.6 | 6.1 | 1.3 | 0.7 |
| Profitability | ||||||||||
| EBITDA | (104.9) | 46.1 | 189.8 | 35.4 | (39.2) | (22.9) | 145.2 | 134.7 | 107.3 | 78.2 |
| EBIT | (153.5) | (5.0) | 133.2 | (27.1) | (98.1) | (75.8) | 91.9 | 92.8 | 66.8 | 33.1 |
| Income Before Tax | (154.8) | (26.6) | 129.9 | (44.4) | (130.1) | (96.0) | 72.2 | 76.9 | 64.5 | 30.3 |
| Income Tax Expense | 36.2 | 7.9 | 38.5 | 13.4 | (14.6) | 7.0 | (11.4) | 29.8 | 3.0 | 0.7 |
| Net Income | (191.0) | (34.5) | 91.4 | 2,117.4 | 12.5 | 19.3 | 83.6 | 47.1 | 61.5 | 29.6 |
| Per Share Data | ||||||||||
| EPS (Basic) | -5.93 | -1.09 | 2.61 | 49.44 | 0.29 | 0.44 | 1.94 | 1.11 | 1.47 | 0.70 |
| EPS (Diluted) | -5.93 | -1.09 | 2.54 | 47.78 | 0.28 | 0.44 | 1.90 | 1.09 | 1.45 | 0.69 |
| Shares Outstanding | 32.2 | 31.8 | 35.1 | 42.8 | 43.8 | 43.3 | 43.2 | 42.4 | 41.7 | 42.3 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 281.6 | 227.5 | 499.9 | 1,074.6 | 202.7 | 227.1 | 197.0 | 269.4 | 141.1 | 114.1 |
| Short-Term Investments | 100.6 | 211.7 | 692.0 | 964.6 | 522.0 | 498.8 | 416.8 | 494.7 | 154.0 | 128.9 |
| Net Receivables | 54.5 | 29.3 | 71.4 | 98.3 | 95.2 | 75.6 | 73.2 | 71.4 | 74.4 | 73.6 |
| Inventory | 105.6 | 194.3 | 100.4 | 49.3 | 47.9 | 73.1 | 75.0 | 73.1 | 59.6 | 53.9 |
| Other Current Assets | 59.8 | 75.1 | 97.6 | 0.0 | 56.9 | 30.7 | 0.0 | 0.0 | 21.6 | 15.9 |
| Total Current Assets | 602.0 | 737.9 | 1,461.4 | 2,238.6 | 975.8 | 943.9 | 826.6 | 947.6 | 490.9 | 423.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 132.1 | 145.9 | 152.0 | 146.5 | 135.8 | 135.9 | 139.0 | 127.7 | 129.6 | 131.1 |
| Goodwill | 376.4 | 376.4 | 376.4 | 376.4 | 376.4 | 398.4 | 397.3 | 288.2 | 276.1 | 272.7 |
| Intangible Assets | 36.5 | 59.5 | 84.9 | 119.0 | 163.5 | 134.3 | 170.8 | 83.1 | 103.6 | 121.4 |
| Long-Term Investments | 0.0 | 0.0 | 27.5 | 24.1 | 10.1 | 0.0 | 14.3 | 11.7 | 5.2 | 7.1 |
| Other Non-Current Assets | 75.6 | 123.3 | 67.3 | 77.8 | 331.9 | 62.4 | 90.5 | 88.4 | 76.5 | 56.0 |
| Total Non-Current Assets | 620.6 | 705.1 | 708.1 | 719.7 | 1,017.7 | 731.0 | 797.7 | 587.4 | 591.0 | 588.3 |
| Total Assets | 1,222.7 | 1,443.1 | 2,169.4 | 2,958.3 | 1,993.5 | 1,674.9 | 1,624.4 | 1,535.1 | 1,081.8 | 1,011.5 |
| Current Liabilities | ||||||||||
| Account Payables | 42.4 | 57.5 | 89.9 | 47.3 | 54.9 | 38.9 | 41.2 | 38.9 | 39.6 | 42.1 |
| Short-Term Debt | 0.0 | 45.0 | 0.0 | 450.6 | 134.5 | 0.0 | 0.0 | 0.0 | 0.0 | 10.0 |
| Deferred Revenue | 3.1 | 2.1 | 6.8 | 13.8 | 13.0 | 19.3 | 22.5 | 50.1 | 45.6 | 35.4 |
| Other Current Liabilities | 43.7 | 52.8 | 77.7 | 157.1 | 76.3 | 74.6 | 69.1 | 39.7 | 21.3 | 24.8 |
| Total Current Liabilities | 97.9 | 163.6 | 185.8 | 668.8 | 284.5 | 137.7 | 144.8 | 162.3 | 139.7 | 142.3 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0.0 | 0.0 | 529.6 | 0.0 | 428.9 | 368.3 | 354.8 | 341.9 | 72.5 | 67.5 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10.4 | 13.1 | 13.7 |
| Other Non-Current Liabilities | 29.2 | 51.0 | 31.1 | 77.0 | 80.2 | 53.8 | 57.4 | 67.5 | 29.6 | 26.8 |
| Total Non-Current Liabilities | 44.8 | 70.8 | 578.6 | 77.0 | 509.1 | 422.1 | 412.2 | 419.7 | 115.2 | 108.0 |
| Total Liabilities | 142.7 | 234.4 | 764.4 | 745.9 | 793.6 | 559.8 | 557.1 | 582.1 | 254.9 | 250.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 1,001.7 | 1,192.7 | 1,415.7 | 2,214.8 | 993.7 | 980.6 | 961.3 | 851.3 | 802.0 | 747.7 |
| Accumulated Other Comprehensive Income | 0.1 | (1.0) | (10.7) | (2.4) | 1.8 | 0.6 | (1.6) | (1.2) | 0.5 | (0.5) |
| Total Stockholders' Equity | 1,080.0 | 1,208.7 | 1,405.0 | 2,212.4 | 1,199.8 | 1,115.1 | 1,067.3 | 953.0 | 827.0 | 761.1 |
| Total Liabilities & Equity | 1,222.7 | 1,443.1 | 2,169.4 | 2,958.3 | 1,993.5 | 1,674.9 | 1,624.4 | 1,535.1 | 1,081.8 | 1,011.5 |
| Debt Metrics | ||||||||||
| Total Debt | 15.5 | 64.8 | 547.6 | 450.6 | 563.4 | 368.3 | 354.8 | 341.9 | 72.5 | 77.5 |
| Net Debt | (266.1) | (162.7) | 47.7 | (624.0) | 360.7 | 141.1 | 157.7 | 72.5 | (68.6) | (36.6) |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (191.0) | (34.5) | 91.4 | 2,117.4 | 12.5 | 19.3 | 83.6 | 47.1 | 61.5 | 29.6 |
| Depreciation & Amortization | 48.6 | 51.1 | 56.6 | 62.6 | 58.8 | 56.5 | 60.0 | 42.0 | 40.9 | 41.6 |
| Stock-Based Compensation | 61.5 | 48.2 | 60.5 | 56.8 | 49.5 | 54.8 | 50.1 | 44.8 | 39.6 | 42.8 |
| Change in Working Capital | 37.5 | (100.3) | (47.6) | 20.7 | (18.5) | (0.5) | (24.8) | 72.0 | (7.4) | (4.4) |
| Other Non-Cash Items | 0.0 | 17.0 | (70.9) | (2,354.5) | 39.9 | 13.5 | 12.9 | 10.1 | (1.7) | (2.0) |
| Operating Cash Flow | (13.9) | (30.3) | 71.8 | (100.4) | 135.7 | 166.5 | 173.5 | 189.5 | 128.9 | 105.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (11.7) | (22.3) | (26.5) | (28.6) | (18.1) | (16.3) | (24.5) | (12.3) | (10.9) | (11.3) |
| Acquisitions | 0.0 | 0.0 | (267.1) | 2,747.7 | (316.8) | (2.5) | (239.7) | (15.2) | (6.5) | (96.1) |
| Purchases of Investments | (73.6) | (103.5) | (607.2) | (1,542.0) | (519.6) | (424.5) | (395.9) | (636.4) | (185.2) | (107.4) |
| Sales/Maturities of Investments | 198.5 | 596.1 | 874.3 | 1,095.0 | 497.4 | 344.9 | 474.1 | 294.5 | 161.9 | 171.8 |
| Other Investing Activities | 0.0 | (0.5) | 267.1 | (1.2) | (3.9) | (8.4) | (11.1) | (5.0) | (8.8) | (6.4) |
| Investing Cash Flow | 113.1 | 469.8 | 240.5 | 2,271.0 | (361.0) | (106.8) | (197.0) | (374.3) | (49.6) | (49.3) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (45.0) | (491.2) | (0.0) | (140.6) | 220.3 | (1.1) | 0.0 | 327.5 | (5.0) | (13.5) |
| Stock Repurchased | (0.0) | (217.1) | (883.4) | (1,150.0) | (16.3) | (26.7) | (39.3) | 0.0 | (40.5) | (71.4) |
| Dividends Paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Activities | (16.4) | (18.2) | (15.4) | (22.2) | (18.1) | (16.3) | (22.9) | (26.3) | (20.1) | (2.0) |
| Financing Cash Flow | (45.1) | (711.9) | (887.1) | (1,298.7) | 200.9 | (29.6) | (48.8) | 313.0 | (52.3) | (83.8) |
| Cash Position | ||||||||||
| Net Change in Cash | 54.1 | (272.4) | (574.7) | 871.9 | (24.4) | 30.1 | (72.3) | 128.3 | 27.0 | (27.6) |
| Cash at Beginning | 227.5 | 499.9 | 1,074.6 | 202.7 | 227.1 | 197.0 | 269.4 | 141.1 | 114.1 | 141.7 |
| Cash at End | 281.6 | 227.5 | 499.9 | 1,074.6 | 202.7 | 227.1 | 197.0 | 269.4 | 141.1 | 114.1 |
| Free Cash Flow | (25.7) | (52.6) | 45.3 | (129.0) | 117.6 | 150.2 | 149.1 | 177.3 | 118.0 | 94.2 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 584.4 | 782.3 | 1,024.1 | 720.9 | 510.9 | 473.8 | 868.3 | 768.9 | 697.6 | 644.8 |
| Gross Profit | 312.2 | 460.6 | 642.6 | 425.4 | 294.8 | 280.2 | 521.4 | 454.2 | 421.5 | 380.8 |
| Operating Income | (165.5) | (24.2) | 119.3 | (32.8) | (107.1) | (88.6) | 85.2 | 85.0 | 66.3 | 32.2 |
| Net Income | (191.0) | (34.5) | 91.4 | 2,117.4 | 12.5 | 19.3 | 83.6 | 47.1 | 61.5 | 29.6 |
| EPS (Diluted) | -5.93 | -1.09 | 2.54 | 47.78 | 0.28 | 0.44 | 1.90 | 1.09 | 1.45 | 0.69 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 281.6 | 227.5 | 499.9 | 1,074.6 | 202.7 | 227.1 | 197.0 | 269.4 | 141.1 | 114.1 |
| Total Assets | 1,222.7 | 1,443.1 | 2,169.4 | 2,958.3 | 1,993.5 | 1,674.9 | 1,624.4 | 1,535.1 | 1,081.8 | 1,011.5 |
| Total Debt | 15.5 | 64.8 | 547.6 | 450.6 | 563.4 | 368.3 | 354.8 | 341.9 | 72.5 | 77.5 |
| Stockholders' Equity | 1,080.0 | 1,208.7 | 1,405.0 | 2,212.4 | 1,199.8 | 1,115.1 | 1,067.3 | 953.0 | 827.0 | 761.1 |
| Cash Flow | ||||||||||
| Operating Cash Flow | (13.9) | (30.3) | 71.8 | (100.4) | 135.7 | 166.5 | 173.5 | 189.5 | 128.9 | 105.4 |
| Capital Expenditure | (11.7) | (22.3) | (26.5) | (28.6) | (18.1) | (16.3) | (24.5) | (12.3) | (10.9) | (11.3) |
| Free Cash Flow | (25.7) | (52.6) | 45.3 | (129.0) | 117.6 | 150.2 | 149.1 | 177.3 | 118.0 | 94.2 |