Latest Ratios: P/E Ratio -10.0x · EV/EBITDA 18.2x · ROE N/A. (2011–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.9B | $1.1B | $595M | $1.5B | $2.2B | $2.6B | $2.7B | $3.2B | $7.4B | $7.3B | $4.9B |
| Enterprise Value | $12.8B | $9.9B | $9.4B | $10.8B | $11.6B | $11.8B | $12.2B | $6.7B | $11.4B | $11.4B | $9.6B |
| P/E Ratio → | -10.01 | — | — | — | — | — | — | 22.76 | 38.60 | 32.92 | — |
| P/S Ratio | 0.94 | 0.27 | 0.13 | 0.20 | 0.26 | 0.31 | 0.33 | 0.70 | 1.63 | 1.48 | 1.29 |
| P/B Ratio | — | — | — | — | 2.50 | 1.89 | 1.50 | 1.82 | 4.52 | 5.24 | 4.02 |
| P/FCF | 15.93 | 4.51 | 2.51 | 17.19 | — | 8.37 | 5.58 | 7.77 | 14.38 | 13.59 | 20.02 |
| P/OCF | 14.45 | 4.09 | 2.00 | 8.02 | 18.38 | 6.05 | 4.61 | 6.48 | 12.70 | 12.06 | 16.27 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.36 | 2.05 | 1.44 | 1.35 | 1.40 | 1.46 | 1.47 | 2.49 | 2.32 | 2.52 |
| EV / EBITDA | 18.20 | 14.17 | 11.98 | 8.31 | 10.73 | 10.83 | 13.75 | 7.75 | 12.39 | 10.44 | 19.78 |
| EV / EBIT | 38.57 | 35.80 | — | — | 433.91 | — | — | 16.30 | 24.34 | 20.80 | 19.98 |
| EV / FCF | — | 40.11 | 39.59 | 121.95 | — | 37.52 | 24.79 | 16.34 | 21.95 | 21.27 | 39.08 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.8% | 31.8% | 29.8% | 28.6% | 24.7% | 25.1% | 21.7% | 31.2% | 32.8% | 35.3% | 37.5% |
| Operating Margin | 7.9% | 7.9% | 4.8% | 8.1% | 3.4% | 3.2% | 1.8% | 11.6% | 12.4% | 14.6% | 4.8% |
| Net Profit Margin | -6.8% | -6.8% | -33.0% | -17.1% | -5.4% | -6.8% | -11.1% | 3.1% | 4.2% | 4.5% | -1.9% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -567.2% | -40.3% | -35.5% | -51.7% | 8.2% | 12.7% | 17.0% | -5.6% |
| ROA | -3.2% | -3.2% | -14.3% | -10.3% | -3.4% | -4.1% | -8.8% | 2.1% | 2.7% | 3.0% | -1.1% |
| ROIC | 3.7% | 3.7% | 2.1% | 4.8% | 2.1% | 1.8% | 1.4% | 7.3% | 7.6% | 9.4% | 3.0% |
| ROCE | 4.3% | 4.3% | 2.5% | 5.9% | 2.6% | 2.2% | 1.6% | 8.6% | 8.9% | 11.0% | 3.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 10.78 | 6.95 | 5.48 | 2.27 | 2.65 | 3.27 | 4.29 |
| Debt / EBITDA | 13.38 | 13.38 | 11.92 | 7.42 | 8.98 | 8.89 | 11.33 | 4.59 | 4.77 | 4.16 | 10.81 |
| Net Debt / Equity | — | — | — | — | 10.38 | 6.57 | 5.15 | 2.01 | 2.38 | 2.97 | 3.83 |
| Net Debt / EBITDA | 12.57 | 12.57 | 11.22 | 7.13 | 8.65 | 8.41 | 10.65 | 4.06 | 4.27 | 3.77 | 9.65 |
| Debt / FCF | — | 35.60 | 37.07 | 104.76 | — | 29.14 | 19.21 | 8.57 | 7.57 | 7.68 | 19.06 |
| Interest Coverage | 0.48 | 0.48 | 0.33 | 1.03 | 0.52 | 0.46 | 0.26 | 2.18 | 2.19 | 2.59 | 0.77 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.83 | 2.83 | 2.03 | 1.77 | 1.64 | 1.72 | 1.72 | 2.72 | 2.69 | 2.32 | 2.93 |
| Quick Ratio | 2.23 | 2.23 | 1.27 | 1.12 | 0.98 | 1.16 | 1.24 | 2.03 | 2.07 | 1.77 | 2.28 |
| Cash Ratio | 0.46 | 0.46 | 0.39 | 0.18 | 0.17 | 0.27 | 0.29 | 0.66 | 0.63 | 0.50 | 0.82 |
| Asset Turnover | — | 0.48 | 0.49 | 0.64 | 0.65 | 0.62 | 0.58 | 0.69 | 0.65 | 0.69 | 0.51 |
| Inventory Turnover | 3.89 | 3.89 | 2.97 | 3.90 | 4.50 | 5.80 | 6.70 | 6.64 | 6.89 | 6.73 | 5.39 |
| Days Sales Outstanding | — | 59.53 | 65.18 | 57.15 | 65.15 | 64.36 | 74.30 | 64.74 | 71.94 | 70.60 | 79.85 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 1.0% | 1.9% | 0.5% | 1.6% | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | 4.4% | 2.6% | 3.0% | — |
| FCF Yield | 6.3% | 22.2% | 39.8% | 5.8% | — | 11.9% | 17.9% | 12.9% | 7.0% | 7.4% | 5.0% |
| Buyback Yield | 0.0% | 0.2% | 1.5% | 0.0% | 0.0% | 0.0% | 0.0% | 5.5% | 2.4% | 0.1% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.2% | 1.5% | 1.0% | 1.9% | 0.5% | 1.6% | 5.5% | 2.4% | 0.1% | 0.0% |
| Shares Outstanding | — | $214M | $211M | $207M | $204M | $197M | $194M | $195M | $197M | $196M | $190M |
High debt maturity wall
According to recent quarterly filings, CommScope achieved a gross margin of 37.8% in 2025Q3, marking a significant recovery from the 25.1% trough in 2024Q1, which appears to be driven by the successful divestiture of lower-margin segments and improved operational focus on core infrastructure hardware.
The expansion in operating margins to 19.3% suggests that the company is successfully leveraging its fixed-cost base as revenue stabilizes. Investors should monitor whether this margin profile is sustainable or if it remains sensitive to future shifts in product mix toward lower-margin broadband projects.
Based on reported figures, the cash conversion cycle remains elevated at 308 days in 2025Q3, reflecting persistent challenges in inventory management and extended collection periods compared to historical norms, which continues to tie up significant liquidity within the company's operational infrastructure.
The high days sales outstanding (DSO) of 233 days suggests that CommScope may be offering extended payment terms to its carrier customers to maintain market share. This inefficiency warrants further investigation, as it limits the company's ability to convert its improving operating income into free cash flow.
As reported in financial statements, the company's debt-to-EBITDA ratio stood at 19.02 in 2025Q3, which, while improved from the extreme levels seen in 2024, indicates that the capital structure remains highly vulnerable to interest rate volatility and potential refinancing risks in the near term.
The interest coverage ratio of 2.03 suggests that while the company is currently generating enough earnings to meet its obligations, the margin for error remains thin. Any unexpected downturn in carrier capital expenditure could quickly pressure the company's ability to service its substantial debt load.
Based on the latest quarterly data, the ROIC of 4.2% in 2025Q3 remains modest, reflecting the heavy burden of goodwill and intangible assets on the balance sheet that continue to dilute the efficiency of capital deployed in the core networking business.
The company's inability to consistently generate returns above its cost of capital suggests that past acquisitions, particularly ARRIS, have not yet delivered the expected synergies. Future value creation appears dependent on management's ability to improve asset turnover rather than relying on further inorganic expansion.
Financial statements reveal an accumulated deficit of -$4.4 billion as of 2025Q3, which renders the Price-to-Book ratio a largely meaningless metric for assessing the company's valuation, as it fails to account for the massive impairment of historical capital and the weight of intangible assets.
Investors should prioritize EV/EBITDA or free cash flow multiples over book-value-based metrics when evaluating CommScope. Relying on P/B ratios obscures the reality of the company's negative equity position and may lead to a fundamental misunderstanding of its true enterprise value.
Includes 30+ ratios · 14 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying COMM stock.
CommScope Holding Company, Inc.'s current P/E ratio is -10.0x. The historical average is 54.1x.
CommScope Holding Company, Inc.'s current EV/EBITDA is 18.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.3x.
Based on historical data, CommScope Holding Company, Inc. is trading at a P/E of -10.0x. Compare with industry peers and growth rates for a complete picture.
CommScope Holding Company, Inc. has 31.8% gross margin and 7.9% operating margin.
CommScope Holding Company, Inc.'s Debt/EBITDA ratio is 13.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.