Skyworks Solutions, Inc. (SWKS)
Information Technology · Semiconductors · US stock · S&P 500 component
$82.39
▲ +0.17 (0.21%)
Fair valueOvervalued
$64 −21.8% to fair value
$32fair band $55–$78$97
Day's range
$80.00 – $82.51
52-week range
$51.93 – $92.80
About Skyworks Solutions, Inc.
Skyworks Solutions designs semiconductors that handle radio-frequency signals, the components that let phones and other devices connect to wireless networks. Its chips are used in smartphones and also in automotive, industrial, home and infrastructure equipment. Customers are mainly handset and device makers, and a small number of large phone makers account for a big part of its business.
Skyworks earns revenue from supplying chips and modules to device makers. Revenue is $4.0 billion over the last twelve months, but revenue growth over three years is -9.3% a year, so sales have been shrinking. The operating margin is 7.6%, and the business earns a profit of 5% on the capital invested in it. The company has net debt of -1.0 times EBITDA, which means it holds more cash than debt, and the dividend yield is 2.6%. On the site's X-Ray Score it receives 32 out of 100.
Price chart
52-wk range $51.93 – $92.80Volume 3,515,660Daily, split-adjusted
Vitals
Market cap$12.5B
52-week range$51.93 – $92.80
Volume (last day)3,515,660
P/E (TTM)43.1
EBIT / EV yield2.5%
Free-cash-flow yield3.5%
Dividend yield2.6%
Revenue (TTM)$4.0B
Net income (TTM)$290M
Operating margin7.6%
Return on capital5.0%
Debt incl. leases$497M
Cash & securities$799M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$64middle half of models $50 – $76
Overvalued
−21.8% to fair value
Average of the 13 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is High, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $82
Undervalued < $55Fair $55 – $78Overvalued > $78
P/E multiple
$76
P/B multiple
$99
P/S multiple
$94
EV/EBITDA multiple
$66
EV/EBIT multiple
$65
EV/revenue multiple
$95
10-year DCF, EBITDA exit
$41
5-year DCF, EBITDA exit
$53
10-year DCF, revenue exit
$39
5-year DCF, revenue exit
$55
10-year DCF, growth exit · not used
$11
5-year DCF, growth exit · not used
$13
Dividend discount, stable
$50
Dividend discount, multi-stage
$48
Earnings power value
$56
Growth the price implies
10.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
28/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.5%
Free-cash-flow yield3.5%
Fair value vs price0.8×
Growth
Weak
10/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-9.3%
EPS growth (3y)-26.7%
Growth consistency20%
Profitability
Weak
26/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital5.0%
Operating margin7.6%
Gross profitability22.0%
Financial health
Fair
58/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA-1.0×
Interest cover11.5×
Dividends
Fair
53/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.6%
Dividends vs free cash flow74%
Dividend growth5.1%
Quarterly results: last 6 quarters
-8.9%
Mar '25
+6.6%
Jun '25
+7.3%
Oct '25
-3.1%
Jan '26
-1.0%
Apr '26
-3.1%
Jul '26
Revenue against the same quarter a year earlier. Latest quarter revenue $935M, diluted EPS $0.22.
Compare with peers
MU Micron Technology Inc79 FSLR First Solar, Inc.70 NVDA Nvidia Corp67 AVGO Broadcom Inc.60Other Semiconductors companies by X-Ray Score.
SWOT analysis: Skyworks Solutions, Inc.
Strengthsinside the company
- Cash exceeds debt (net debt is negative), which gives room to invest or ride out a downturn.
Weaknessesinside the company
- Return on invested capital is only 5.0% (median 16.7% for industry peers), so the business earns little above its cost of capital.
- Operating margin of 7.6% is thin against 29.5% for industry peers.
- Revenue has fallen 9.3% a year over three years while industry peers grew 5.8%.
- Earnings per share have declined 26.7% a year over three years.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Information Technology as favourable.
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- The price is 22% above our fair value estimate, so there is little room for disappointment.
- Valuation uncertainty is high: the models give widely different values, so the fair value range is wide.
- Earnings in Semiconductors follow the industry cycle, so margins and profits can swing from year to year.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare SWKS with peers and sector
Medians of 14 Semiconductors peers and of 74 Information Technology stocks in our universe.
Largest peers (X-Ray Score): NVDA 67, AVGO 60, MU 79, AMD 48, INTC 17, TXN 44.
| Metric | SWKS | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 32 | 46 | 50 |
| Valuation | 28 | 33 | 52 |
| Growth | 10 | 44 | 54 |
| Profitability | 26 | 45 | 50 |
| Financial health | 58 | 61 | 49 |
| Dividends | 53 | 52 | 50 |
Sector leaders: highest X-Ray Score in Information Technology
SWKS ranks #70 of 75 in Information Technology and #11 of 15 in Semiconductors by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for SWKS
Each factor is rated by where SWKS stands among the 75 Information Technology stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 7 Good · 1 Average · 15 Bad of 23
Growth: 0 · 0 · 3
Profitability: 0 · 0 · 5
Financial strength: 2 · 0 · 2
Valuation: 2 · 1 · 2
Cash flow: 2 · 0 · 2
Efficiency: 1 · 0 · 1
| Factor | SWKS | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | −9.3% | Bad beats 3% | +9.7% | – | – |
| Revenue growth, last year | −2.2% | Bad beats 5% | +13.7% | −2.2% | ≈ In line |
| EPS growth, 3 years a year | −26.7% | Bad beats 8% | +5.9% | – | – |
| Profitability | |||||
| Gross margin | 40.7% | Bad beats 20% | 57.8% | 44.2% | ≈ In line |
| Operating margin | 7.6% | Bad beats 17% | 20.3% | 23.6% | ▼ Worse |
| Net margin | 7.2% | Bad beats 19% | 17.8% | 20.6% | ▼ Worse |
| Return on invested capital | 5.0% | Bad beats 8% | 19.4% | – | – |
| Return on equity | 5.1% | Bad beats 12% | 21.0% | 16.2% | ▼ Worse |
| Financial strength | |||||
| Net debt / EBITDA | -1.0x | Good beats 96% | 0.8x | 0.5x | ▲ Better |
| Interest cover | 11.5x | Bad beats 33% | 23.0x | 19.6x | ▼ Worse |
| Current ratio | 3.10 | Good beats 85% | 1.57 | 3.33 | ≈ In line |
| Piotroski F-score | 5 / 9 | Bad beats 21% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 43.0x | Bad beats 30% | 33.6x | 18.3x | ▼ Worse |
| Price / book | 2.2x | Good beats 96% | 8.3x | 2.5x | ▲ Better |
| Price / sales | 3.1x | Good beats 83% | 6.9x | 3.3x | ≈ In line |
| EV / EBITDA | 39.9x | Bad beats 25% | 24.7x | 17.7x | ▼ Worse |
| Free cash flow yield | 3.5% | Average beats 53% | 3.4% | 9.2% | ▼ Worse |
| Cash flow | |||||
| Free cash flow margin | 10.8% | Bad beats 17% | 22.3% | 27.1% | ▼ Worse |
| Cash from operations / net income | 2.47 | Good beats 85% | 1.39 | 1.89 | ▲ Better |
| Free cash flow growth, 3 years a year | +5.7% | Bad beats 32% | +15.4% | – | – |
| Accruals (lower is better) | −5.7% | Good beats 67% | −4.4% | – | – |
| Efficiency | |||||
| Inventory turnover | 2.3x | Bad beats 23% | 3.9x | 2.9x | ▼ Worse |
| Days sales outstanding | 32 days | Good beats 90% | 63 days | 54 days | ▲ Better |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 4 Good · ● 1 Average · ● 11 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverBad
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 35/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.5B | $4.8B | $4.2B | $4.1B |
| Operating income | $1.6B | $1.5B | $1.1B | $637M | $500M |
| Net income | $1.5B | $1.3B | $983M | $596M | $477M |
| Operating cash flow | $1.8B | $1.4B | $1.9B | $1.8B | $1.3B |
| Operating margin | 31.6% | 27.8% | 23.6% | 15.3% | 12.2% |
| Free cash flow | $1.1B | $935M | $1.6B | $1.7B | $1.1B |
| Diluted EPS | $8.97 | $7.81 | $6.13 | $3.69 | $3.08 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
11 bullish · 4 neutral · 1 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 78.94 | Bullish |
| EMA 10 | 80.79 | Bullish |
| SMA 20 | 81.95 | Bullish |
| EMA 20 | 81.05 | Bullish |
| SMA 50 | 78.36 | Bullish |
| EMA 50 | 78.49 | Bullish |
| SMA 100 | 72.60 | Bullish |
| EMA 100 | 74.33 | Bullish |
| SMA 200 | 66.50 | Bullish |
| EMA 200 | 70.79 | Bullish |
Oscillators (daily)
| RSI (14) | 53.75 | Neutral |
| MACD (12, 26) | 0.05 | Bullish |
| Momentum (12) | -0.48 | Bearish |
| Stochastic %K (14) | 71.38 | Neutral |
| Williams %R (14) | -28.62 | Neutral |
| CCI (20) | -5.22 | Neutral |
Pivot points (classic, last session)
S3 78.25 | S2 79.12 | S1 80.76 | Pivot 81.63 | R1 83.27 | R2 84.14 | R3 85.78 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.13 USD
Yield on today's price
2.59%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.7100 | |
| 0.7100 | |
| 0.7100 | |
| 0.7100 | |
| 0.7000 | |
| 0.7000 | |
| 0.7000 | |
| 0.7000 | |
| 0.6800 | |
| 0.6800 | |
| 0.6800 | |
| 0.6800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold SWKS
| ETF | Share of the fund |
|---|---|
| FTXL First Trust Nasdaq Semiconductor | 2.21% |
| XSD SPDR S&P Semiconductor | 2.03% |
| SPYD SPDR Portfolio S&P 500 High Dividend | 1.38% |
| RSPT Invesco S&P 500 Equal Weight Technolog... | 1.21% |
| PEY Invesco High Yield Equity Dividend Ach... | 1.11% |
| WTV WisdomTree U.S. Quality Shareholder Yi... | 1.10% |
| DIVB iShares U.S. Dividend and Buyback | 1.03% |
| SPHB Invesco S&P 500 High Beta | 0.88% |
The eight funds with the largest weight in SWKS among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
SWKS stock splits
SWKS has split its stock 2 times since 1999. The latest was a 2-for-1 split on 20 Apr 2000.
Full SWKS stock split history →SWKS SEC filings
8-KSEC EDGAR
Entered a material agreement
8-KSEC EDGAR
Completed an acquisition or disposal; Director or officer change
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Entered a material agreement; Other events
424B5SEC EDGAR
424B5
424B5SEC EDGAR
424B5
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.