Latest Ratios: P/E Ratio 34.4x · EV/EBITDA 18.8x · ROE 20.2%. (2008–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $69.0B | $55.2B | $53.6B | $60.0B | $41.7B | $62.8B | $45.1B | $36.4B | $24.1B | $40.5B | $33.2B |
| Enterprise Value | $77.9B | $64.2B | $61.4B | $67.6B | $49.3B | $70.5B | $50.5B | $42.7B | $28.6B | $43.5B | $40.5B |
| P/E Ratio → | 34.36 | 27.30 | 21.36 | 21.47 | 14.98 | 33.55 | 883.39 | 149.72 | 10.90 | 18.27 | — |
| P/S Ratio | 5.62 | 4.50 | 4.25 | 4.52 | 3.16 | 5.68 | 5.24 | 4.10 | 2.56 | 4.37 | 3.49 |
| P/B Ratio | 6.65 | 5.28 | 5.62 | 6.70 | 5.39 | 9.27 | 4.93 | 3.77 | 2.25 | 2.95 | 2.97 |
| P/FCF | 28.46 | 22.78 | 26.08 | 23.95 | 15.64 | 29.27 | 23.02 | 20.85 | 6.49 | 22.14 | 17.88 |
| P/OCF | 24.45 | 19.58 | 19.26 | 17.09 | 10.71 | 20.41 | 18.18 | 15.33 | 5.51 | 16.55 | 14.40 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.23 | 4.87 | 5.09 | 3.73 | 6.38 | 5.86 | 4.81 | 3.05 | 4.70 | 4.26 |
| EV / EBITDA | 18.81 | 15.49 | 14.14 | 14.17 | 9.76 | 18.34 | 20.97 | 15.89 | 6.10 | 10.23 | 20.58 |
| EV / EBIT | 23.54 | 21.55 | 17.56 | 17.83 | 13.00 | 27.67 | 139.02 | 64.61 | 10.82 | 21.26 | — |
| EV / FCF | — | 26.48 | 29.89 | 26.95 | 18.47 | 32.88 | 25.75 | 24.47 | 7.73 | 23.79 | 21.82 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.4% | 54.4% | 56.4% | 56.9% | 56.9% | 54.8% | 49.2% | 52.0% | 51.6% | 49.9% | 42.8% |
| Operating Margin | 27.0% | 27.0% | 27.1% | 27.6% | 28.8% | 23.3% | 4.9% | 7.2% | 28.8% | 22.7% | -1.6% |
| Net Profit Margin | 16.5% | 16.5% | 19.9% | 21.1% | 21.1% | 16.9% | 0.6% | 2.7% | 23.5% | 23.9% | 2.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.2% | 20.2% | 27.1% | 33.5% | 38.4% | 23.5% | 0.6% | 2.4% | 18.1% | 17.8% | 1.7% |
| ROA | 7.9% | 7.9% | 10.3% | 11.8% | 12.6% | 9.2% | 0.3% | 1.2% | 9.7% | 9.1% | 0.8% |
| ROIC | 13.5% | 13.5% | 15.1% | 17.3% | 19.1% | 13.4% | 2.1% | 3.1% | 12.7% | 9.0% | -0.6% |
| ROCE | 15.1% | 15.1% | 16.5% | 18.2% | 19.8% | 14.3% | 2.3% | 3.5% | 13.7% | 9.6% | -0.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.17 | 1.17 | 1.14 | 1.25 | 1.44 | 1.56 | 0.83 | 0.76 | 0.69 | 0.48 | 0.82 |
| Debt / EBITDA | 2.95 | 2.95 | 2.50 | 2.34 | 2.21 | 2.75 | 3.16 | 2.74 | 1.57 | 1.54 | 4.67 |
| Net Debt / Equity | — | 0.86 | 0.82 | 0.84 | 0.98 | 1.14 | 0.58 | 0.65 | 0.43 | 0.22 | 0.65 |
| Net Debt / EBITDA | 2.16 | 2.16 | 1.80 | 1.58 | 1.50 | 2.01 | 2.22 | 2.35 | 0.97 | 0.71 | 3.71 |
| Debt / FCF | — | 3.70 | 3.81 | 3.00 | 2.83 | 3.61 | 2.72 | 3.62 | 1.23 | 1.65 | 3.93 |
| Interest Coverage | 7.75 | 7.75 | 8.79 | 8.65 | 8.88 | 6.91 | 1.00 | 1.79 | 9.70 | 6.60 | -0.48 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.05 | 2.05 | 2.36 | 1.91 | 2.12 | 2.13 | 2.14 | 1.82 | 1.54 | 2.22 | 2.22 |
| Quick Ratio | 1.38 | 1.38 | 1.60 | 1.39 | 1.58 | 1.65 | 1.63 | 1.16 | 1.17 | 1.77 | 1.76 |
| Cash Ratio | 0.84 | 0.84 | 0.98 | 0.99 | 1.11 | 1.15 | 1.13 | 0.58 | 0.82 | 1.31 | 0.78 |
| Asset Turnover | — | 0.46 | 0.52 | 0.55 | 0.57 | 0.53 | 0.43 | 0.44 | 0.44 | 0.38 | 0.38 |
| Inventory Turnover | 2.17 | 2.17 | 2.33 | 2.68 | 3.19 | 4.20 | 4.25 | 3.57 | 3.56 | 3.75 | 4.88 |
| Days Sales Outstanding | — | 31.39 | 29.86 | 24.58 | 26.54 | 30.45 | 32.42 | 27.43 | 30.73 | 34.66 | 39.70 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 1.9% | 1.9% | 1.7% | 2.0% | 0.9% | 0.9% | 0.9% | 0.3% | — | — |
| Payout Ratio | 50.7% | 50.7% | 41.4% | 36.0% | 29.2% | 30.0% | 807.7% | 131.3% | 3.4% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 3.7% | 4.7% | 4.7% | 6.7% | 3.0% | 0.1% | 0.7% | 9.2% | 5.5% | — |
| FCF Yield | 3.5% | 4.4% | 3.8% | 4.2% | 6.4% | 3.4% | 4.3% | 4.8% | 15.4% | 4.5% | 5.6% |
| Buyback Yield | 1.3% | 1.6% | 2.6% | 1.8% | 3.4% | 6.4% | 1.4% | 4.0% | 20.8% | 0.7% | 3.9% |
| Total Shareholder Yield | 2.8% | 3.5% | 4.5% | 3.4% | 5.4% | 7.3% | 2.3% | 4.8% | 21.1% | 0.7% | 3.9% |
| Shares Outstanding | — | $254M | $258M | $261M | $264M | $276M | $284M | $286M | $329M | $346M | $338M |
Automotive demand cyclicality
According to recent market data, NXPI trades at a forward P/E of 18.77, which suggests investors are pricing in a cautious outlook compared to the trailing P/E of 34.85, reflecting the inherent volatility in automotive semiconductor demand cycles as reported in recent financial disclosures.
The significant discount between trailing and forward multiples indicates that the market anticipates a normalization of earnings power following recent periods of revenue fluctuation. While the PEG ratio of 0.31 appears attractive, it may overstate growth potential if the company fails to sustain the recent rebound in revenue observed in 2026Q1.
Based on reported figures, NXPI's ROIC has remained in a narrow range between 2.9% and 5.8% over the last ten quarters, suggesting that the company's ability to compound returns is currently hampered by the heavy amortization of intangible assets from historical acquisitions like Freescale.
The modest ROIC levels relative to peers like Texas Instruments suggest that the company's fab-lite model requires significant capital maintenance that limits pure return generation. Investors should monitor whether the recent uptick to 5.8% in 2026Q1 represents a structural improvement in capital allocation or merely a temporary cyclical recovery.
As reported in financial statements, NXPI's cash conversion cycle has trended upward to 132 days in 2026Q1 from 88 days in 2023Q4, primarily driven by a persistent increase in days inventory outstanding, which reached 161 days in the most recent quarter.
This lengthening of the cash conversion cycle suggests that the company is carrying higher inventory levels, potentially to mitigate supply chain risks or as a result of softening end-market demand. The inability to compress this cycle warrants further investigation into whether this reflects strategic stockpiling or an accumulation of slower-moving automotive components.
Based on recent SEC filings, NXPI maintains a debt-to-EBITDA ratio that has fluctuated between 7.63 and 16.30 over the past ten quarters, indicating that while leverage is present, the company's interest coverage remains sufficient to support its current capital structure and dividend obligations.
The variability in the debt-to-EBITDA metric highlights the company's sensitivity to operating income swings rather than a fundamental shift in debt levels. While the reported D/E ratio of 1.04 in 2026Q1 appears manageable, the historical volatility in coverage ratios suggests that investors should remain cautious regarding the company's ability to service debt during prolonged industry downturns.
As noted in institutional research, the P/E ratio is frequently misapplied to NXPI because it fails to account for the significant non-cash amortization of intangible assets stemming from the Freescale merger, which artificially depresses reported net income and obscures the company's true underlying cash-generating capacity.
Analysts should prioritize P/FCF or EV/EBITDA metrics to better capture the operational reality of the fab-lite business model. Relying solely on P/E may lead to an incorrect assessment of the company's valuation, as it ignores the substantial free cash flow that the business generates despite accounting-driven earnings volatility.
Includes 30+ ratios · 18 years · Updated daily
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Quick answers to the most common questions about buying NXPI stock.
NXP Semiconductors N.V.'s current P/E ratio is 34.4x. The historical average is 32.5x. This places it at the 83th percentile of its historical range.
NXP Semiconductors N.V.'s current EV/EBITDA is 18.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.1x.
NXP Semiconductors N.V.'s return on equity (ROE) is 20.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -1.9%.
Based on historical data, NXP Semiconductors N.V. is trading at a P/E of 34.4x. This is at the 83th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
NXP Semiconductors N.V.'s current dividend yield is 1.48% with a payout ratio of 50.7%.
NXP Semiconductors N.V. has 54.4% gross margin and 27.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
NXP Semiconductors N.V.'s Debt/EBITDA ratio is 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.