SWKS - Skyworks Solutions, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$85.11
DETAILS
HIGH:
$140.00
LOW:
$60.00
MEDIAN:
$80.00
CONSENSUS:
$85.11
UPSIDE:
47.35%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 4,086.9 | 4,178.0 | 4,772.4 | 5,485.5 | 5,109.1 | 3,355.7 | 3,376.8 | 3,868.0 | 3,651.4 | 3,289.0 |
| Cost of Revenue | 2,404.8 | 2,458.1 | 2,650.8 | 2,980.1 | 2,615.0 | 1,754.6 | 1,795.6 | 1,935.6 | 1,837.2 | 1,657.2 |
| Gross Profit | 1,682.1 | 1,719.9 | 2,121.6 | 2,505.4 | 2,494.1 | 1,601.1 | 1,581.2 | 1,932.4 | 1,814.2 | 1,631.8 |
| Operating Expenses | ||||||||||
| R&D Expenses | 785.5 | 631.7 | 606.8 | 617.9 | 532.3 | 464.1 | 424.1 | 404.5 | 355.2 | 312.4 |
| SG&A Expenses | 371.5 | 300.8 | 314.0 | 329.8 | 281.8 | 231.4 | 198.3 | 219.7 | 205.9 | 195.9 |
| Other Expenses | 25.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Expenses | 1,182.1 | 932.5 | 920.8 | 947.7 | 814.1 | 695.5 | 622.4 | 624.2 | 561.1 | 508.3 |
| Operating Income | ||||||||||
| Operating Income | 500.0 | 787.4 | 1,200.8 | 1,557.7 | 1,680.0 | 905.6 | 958.8 | 1,308.2 | 1,253.1 | 1,123.5 |
| Interest Expense | 27.1 | 30.7 | 64.4 | 47.9 | 13.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 1.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profitability | ||||||||||
| EBITDA | 1,016.8 | 1,118.4 | 1,756.9 | 2,214.6 | 2,048.8 | 1,256.0 | 1,332.6 | 1,631.3 | 1,511.8 | 1,448.4 |
| EBIT | 553.8 | 667.1 | 1,143.2 | 1,524.5 | 1,612.1 | 891.7 | 961.0 | 1,332.1 | 1,257.0 | 1,200.6 |
| Income Before Tax | 526.7 | 636.4 | 1,078.8 | 1,476.6 | 1,598.7 | 891.7 | 961.0 | 1,332.1 | 1,257.0 | 1,200.6 |
| Income Tax Expense | 49.6 | 40.4 | 96.0 | 201.4 | 100.4 | 76.9 | 107.4 | 413.7 | 246.8 | 205.4 |
| Net Income | 477.1 | 596.0 | 982.8 | 1,275.2 | 1,498.3 | 814.8 | 853.6 | 918.4 | 1,010.2 | 995.2 |
| Per Share Data | ||||||||||
| EPS (Basic) | 3.09 | 3.72 | 6.17 | 7.85 | 9.07 | 4.84 | 4.92 | 5.07 | 5.48 | 5.27 |
| EPS (Diluted) | 3.08 | 3.69 | 6.13 | 7.81 | 8.97 | 4.80 | 4.89 | 5.01 | 5.41 | 5.18 |
| Shares Outstanding | 154.4 | 160.1 | 159.4 | 162.4 | 165.2 | 168.5 | 173.5 | 181.3 | 184.3 | 188.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 1,161.3 | 1,368.6 | 718.8 | 566.0 | 882.9 | 566.7 | 851.3 | 733.3 | 1,616.8 | 1,083.8 |
| Short-Term Investments | 212.9 | 194.1 | 15.6 | 20.3 | 137.2 | 408.1 | 203.3 | 294.1 | 0.0 | 0.0 |
| Net Receivables | 598.1 | 508.8 | 864.3 | 1,094.0 | 756.2 | 358.5 | 465.3 | 655.8 | 454.7 | 416.6 |
| Inventory | 754.7 | 784.8 | 1,119.7 | 1,212.1 | 885.0 | 806.0 | 609.7 | 490.2 | 493.5 | 424.0 |
| Other Current Assets | 149.0 | 249.9 | 155.1 | 95.2 | 97.4 | 178.3 | 105.0 | 88.8 | 68.7 | 77.7 |
| Total Current Assets | 3,077.0 | 3,341.0 | 3,179.5 | 3,229.9 | 2,865.4 | 2,317.6 | 2,234.6 | 2,262.2 | 2,633.7 | 2,002.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,387.0 | 1,471.9 | 1,595.5 | 1,827.8 | 1,667.7 | 1,417.4 | 1,205.6 | 1,140.9 | 882.3 | 806.3 |
| Goodwill | 2,176.7 | 2,176.7 | 2,176.7 | 2,176.7 | 2,176.7 | 1,189.8 | 1,189.8 | 1,189.8 | 883.0 | 873.3 |
| Intangible Assets | 809.0 | 900.5 | 1,222.1 | 1,444.7 | 1,698.6 | 53.5 | 107.9 | 143.7 | 67.8 | 67.0 |
| Long-Term Investments | 14.2 | 11.4 | 4.1 | 0.5 | 7.1 | 5.2 | 27.6 | 22.8 | 0.0 | 0.0 |
| Other Non-Current Assets | 77.5 | 78.3 | 56.5 | 141.5 | 55.7 | 67.9 | 33.3 | 33.0 | 40.3 | 52.6 |
| Total Non-Current Assets | 4,840.0 | 4,942.3 | 5,247.2 | 5,643.9 | 5,725.3 | 2,789.1 | 2,605.0 | 2,566.7 | 1,939.9 | 1,853.3 |
| Total Assets | 7,917.0 | 8,283.3 | 8,426.7 | 8,873.8 | 8,590.7 | 5,106.7 | 4,839.6 | 4,828.9 | 4,573.6 | 3,855.4 |
| Current Liabilities | ||||||||||
| Account Payables | 236.0 | 171.8 | 159.2 | 274.2 | 236.0 | 226.9 | 190.5 | 229.9 | 258.4 | 110.4 |
| Short-Term Debt | 499.4 | 0.0 | 299.4 | 499.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 276.9 | 166.0 | 139.1 | 159.3 | 181.2 | 141.8 | 107.5 | 74.6 | 61.4 | 57.5 |
| Total Current Liabilities | 1,323.2 | 602.7 | 955.7 | 1,226.9 | 658.5 | 448.4 | 374.0 | 389.7 | 387.9 | 210.2 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 496.4 | 994.3 | 992.9 | 1,689.9 | 2,235.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 312.4 | 310.5 | 92.9 | 71.8 |
| Other Non-Current Liabilities | 169.8 | 163.7 | 206.7 | 281.1 | 255.0 | 343.4 | 30.9 | 31.7 | 27.1 | 32.0 |
| Total Non-Current Liabilities | 836.7 | 1,343.9 | 1,388.3 | 2,177.9 | 2,635.1 | 494.1 | 343.3 | 342.2 | 120.0 | 103.8 |
| Total Liabilities | 2,159.9 | 1,946.6 | 2,344.0 | 3,404.8 | 3,293.6 | 942.5 | 717.3 | 731.9 | 507.9 | 314.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 37.2 | 40.0 | 39.9 | 40.0 | 41.3 | 41.4 | 42.5 | 44.4 | 45.8 | 46.2 |
| Retained Earnings | 5,656.9 | 6,032.9 | 5,876.0 | 5,421.9 | 5,185.8 | 4,820.4 | 4,312.6 | 3,732.9 | 3,059.6 | 2,263.6 |
| Accumulated Other Comprehensive Income | (5.1) | (5.6) | (5.6) | (4.8) | (7.9) | (7.8) | (7.9) | (8.8) | (8.5) | (10.9) |
| Total Stockholders' Equity | 5,757.1 | 6,336.7 | 6,082.7 | 5,469.0 | 5,297.1 | 4,164.2 | 4,122.3 | 4,097.0 | 4,065.7 | 3,541.4 |
| Total Liabilities & Equity | 7,917.0 | 8,283.3 | 8,426.7 | 8,873.8 | 8,590.7 | 5,106.7 | 4,839.6 | 4,828.9 | 4,573.6 | 3,855.4 |
| Debt Metrics | ||||||||||
| Total Debt | 1,203.1 | 1,200.4 | 1,509.3 | 2,414.5 | 2,413.1 | 178.9 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Debt | 41.8 | (168.2) | 790.5 | 1,848.5 | 1,530.2 | (387.8) | (851.3) | (733.3) | (1,616.8) | (1,083.8) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 477.1 | 596.0 | 982.8 | 1,275.2 | 1,498.3 | 814.8 | 853.6 | 918.4 | 1,010.2 | 995.2 |
| Depreciation & Amortization | 463.0 | 451.3 | 613.7 | 690.1 | 436.7 | 364.3 | 371.6 | 299.2 | 254.8 | 247.8 |
| Stock-Based Compensation | 232.4 | 180.3 | 185.1 | 195.2 | 191.9 | 156.6 | 80.1 | 107.8 | 88.5 | 78.0 |
| Change in Working Capital | 193.2 | 563.9 | 161.0 | (827.5) | (303.8) | (132.3) | 54.5 | (79.5) | 142.4 | (199.9) |
| Other Non-Cash Items | (9.1) | 141.6 | 65.0 | 23.2 | 8.4 | 15.6 | 13.7 | (12.6) | (25.5) | 0.3 |
| Operating Cash Flow | 1,300.8 | 1,824.7 | 1,856.4 | 1,424.6 | 1,772.0 | 1,204.5 | 1,367.4 | 1,260.6 | 1,471.3 | 1,095.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (195.0) | (157.0) | (236.1) | (509.7) | (652.1) | (398.5) | (423.4) | (430.9) | (315.4) | (195.3) |
| Acquisitions | 0.0 | 0.0 | 0.0 | 7.7 | (2,751.0) | 398.5 | 423.4 | (404.0) | (13.7) | (55.6) |
| Purchases of Investments | (633.5) | (270.9) | (288.8) | (97.2) | (500.8) | (790.5) | (360.5) | (683.7) | 12.1 | 0.0 |
| Sales/Maturities of Investments | 618.3 | 86.5 | 294.0 | 220.3 | 770.7 | 607.6 | 447.0 | 368.2 | 3.2 | 0.0 |
| Other Investing Activities | (23.8) | 11.6 | 6.5 | 0.0 | 0.0 | (398.5) | (423.4) | 0.0 | (12.1) | 0.0 |
| Investing Cash Flow | (234.0) | (355.9) | (224.4) | (378.9) | (3,133.2) | (581.4) | (336.9) | (1,150.4) | (325.9) | (250.9) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0.0 | (300.0) | (900.0) | (50.0) | 2,238.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Stock Repurchased | (44.4) | (113.6) | (211.2) | (975.3) | (250.8) | (680.6) | (680.4) | (807.5) | (481.5) | (598.9) |
| Dividends Paid | (432.6) | (439.1) | (405.2) | (373.1) | (340.6) | (307.0) | (273.9) | (243.2) | (214.6) | (201.0) |
| Other Financing Activities | (797.1) | 33.7 | 37.2 | 35.8 | 30.6 | 79.9 | 41.8 | 57.0 | 83.7 | (4.7) |
| Financing Cash Flow | (1,274.1) | (819.0) | (1,479.2) | (1,362.6) | 1,677.4 | (907.7) | (912.5) | (993.7) | (612.4) | (804.6) |
| Cash Position | ||||||||||
| Net Change in Cash | (207.3) | 649.8 | 152.8 | (316.9) | 316.2 | (284.6) | 118.0 | (883.5) | 533.0 | 40.2 |
| Cash at Beginning | 1,368.6 | 718.8 | 566.0 | 882.9 | 566.7 | 851.3 | 733.3 | 1,616.8 | 1,083.8 | 1,043.6 |
| Cash at End | 1,161.3 | 1,368.6 | 718.8 | 566.0 | 882.9 | 566.7 | 851.3 | 733.3 | 1,616.8 | 1,083.8 |
| Free Cash Flow | 1,105.8 | 1,667.7 | 1,620.3 | 914.9 | 1,119.9 | 806.0 | 944.0 | 829.7 | 1,155.9 | 900.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 4,086.9 | 4,178.0 | 4,772.4 | 5,485.5 | 5,109.1 | 3,355.7 | 3,376.8 | 3,868.0 | 3,651.4 | 3,289.0 |
| Gross Profit | 1,682.1 | 1,719.9 | 2,121.6 | 2,505.4 | 2,494.1 | 1,601.1 | 1,581.2 | 1,932.4 | 1,814.2 | 1,631.8 |
| Operating Income | 500.0 | 787.4 | 1,200.8 | 1,557.7 | 1,680.0 | 905.6 | 958.8 | 1,308.2 | 1,253.1 | 1,123.5 |
| Net Income | 477.1 | 596.0 | 982.8 | 1,275.2 | 1,498.3 | 814.8 | 853.6 | 918.4 | 1,010.2 | 995.2 |
| EPS (Diluted) | 3.08 | 3.69 | 6.13 | 7.81 | 8.97 | 4.80 | 4.89 | 5.01 | 5.41 | 5.18 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 1,161.3 | 1,368.6 | 718.8 | 566.0 | 882.9 | 566.7 | 851.3 | 733.3 | 1,616.8 | 1,083.8 |
| Total Assets | 7,917.0 | 8,283.3 | 8,426.7 | 8,873.8 | 8,590.7 | 5,106.7 | 4,839.6 | 4,828.9 | 4,573.6 | 3,855.4 |
| Total Debt | 1,203.1 | 1,200.4 | 1,509.3 | 2,414.5 | 2,413.1 | 178.9 | 0.0 | 0.0 | 0.0 | 0.0 |
| Stockholders' Equity | 5,757.1 | 6,336.7 | 6,082.7 | 5,469.0 | 5,297.1 | 4,164.2 | 4,122.3 | 4,097.0 | 4,065.7 | 3,541.4 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 1,300.8 | 1,824.7 | 1,856.4 | 1,424.6 | 1,772.0 | 1,204.5 | 1,367.4 | 1,260.6 | 1,471.3 | 1,095.7 |
| Capital Expenditure | (195.0) | (157.0) | (236.1) | (509.7) | (652.1) | (398.5) | (423.4) | (430.9) | (315.4) | (195.3) |
| Free Cash Flow | 1,105.8 | 1,667.7 | 1,620.3 | 914.9 | 1,119.9 | 806.0 | 944.0 | 829.7 | 1,155.9 | 900.4 |