Information Technology · Semiconductors · US stock · price as of 22 Oct 2026
Key indicators
Price
$82.39
52-week range
$51.93 – $92.80
Market cap
$12.5B
P/E (trailing)
43.1×
EV / EBITDA
39.9×
Free-cash-flow yield
3.5%
Dividend yield
2.6%
Revenue (last 12 months)
$4.0B
Revenue growth (3y a year)
−9.3%
Operating margin
7.6%
Return on invested capital
5.0%
Net debt / EBITDA
-1.0×
Fair value
Fair value (average of valid models)$64.47 middle half of models $50 – $76
Versus priceOvervalued−22% to fair value
P/E multiple
$75.84
P/B multiple
$99.13
P/S multiple
$94.39
EV/EBITDA multiple
$66.05
EV/EBIT multiple
$64.55
EV/revenue multiple
$95.47
10-year DCF, EBITDA exit
$41.18
5-year DCF, EBITDA exit
$53.19
10-year DCF, revenue exit
$38.71
5-year DCF, revenue exit
$55.35
Dividend discount, stable
$50.33
Dividend discount, multi-stage
$47.85
Earnings power value
$56.14
Model uncertainty
High
X-Ray Score
32/ 100 · High confidence · ahead of 7% of sector peers
Valuation28
Growth10
Profitability26
Financial health58
Dividends53
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
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%.
StocksXray gives Skyworks Solutions, Inc. an X-Ray Score of 32 out of 100 (high confidence), ahead of 7% of the S&P 500 stocks in its sector. Its strongest lens is financial health (58) and its weakest is growth (10).
Our fair value (the average of the valid models) is $64.47 (range $50.33 to $75.84). At $82.39 the stock trades 28% above that value, so the label is "Overvalued" with high model uncertainty. Fair value is a range, not a price target.
XStocksXray
Skyworks Solutions, Inc. (SWKS)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$142.41
$75.50
$89.49
$92.23
$74.69
$82.39
Market cap
$23.8B
$12.3B
$14.3B
$14.9B
$11.6B
$12.5B
P/E
15.9×
9.7×
14.6×
25.0×
24.3×
43.1×
EV / revenue
4.9×
2.5×
3.1×
3.4×
2.7×
3.0×
EV / EBITDA
15.5×
9.1×
13.2×
22.5×
22.4×
39.9×
Price / free cash flow
21.0×
13.2×
8.7×
8.9×
10.5×
28.7×
Free-cash-flow yield
4.8%
7.6%
11.5%
11.2%
9.5%
3.5%
Price / book
4.5×
2.3×
2.4×
2.4×
2.0×
2.2×
Dividend yield
1.45%
3.05%
2.84%
2.97%
3.76%
2.59%
Fundamentals checklist ● 4 Good · ● 1 Average · ● 11 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−5.7%Good
Free-cash-flow yield3.5%Average
Risk models
Altman Z score7.9×Good
Piotroski F-Score5 of 9Bad
Growth
EPS growth (3y)−26.7%Bad
Free-cash-flow growth (3y)5.7%Bad
Revenue growth (3y)−9.3%Bad
Growth consistency20%Bad
Balance sheet
Current ratio3.1×Good
Net debt / EBITDA-1.0×Good
Interest cover11.5×Bad
Valuation
Fair value vs price0.8×Bad
EBIT / EV yield2.5%Bad
Profitability
Return on invested capital5.0%Bad
Operating margin7.6%Bad
Gross profitability22.0%Bad
XStocksXray
Skyworks Solutions, Inc. (SWKS)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
5,109
5,486
4,772
4,178
4,087
4,014
Gross profit
2,512
2,604
2,107
1,721
1,682
1,635
Operating income
1,613
1,527
1,125
637
500
305
Net income
1,498
1,275
983
596
477
290
Diluted EPS ($)
8.97
7.81
6.13
3.69
3.08
1.91
Free cash flow
1,134
935
1,646
1,668
1,106
434
Gross margin
49.2%
47.5%
44.2%
41.2%
41.2%
40.7%
Operating margin
31.6%
27.8%
23.6%
15.3%
12.2%
7.6%
Net margin
29.3%
23.2%
20.6%
14.3%
11.7%
7.2%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
8,591
8,874
8,427
8,283
7,917
7,425
Cash
883
566
719
1,369
1,161
790
Total debt
2,236
2,189
1,292
994
996
497
Equity
5,297
5,469
6,083
6,337
5,757
5,738
Dividend per share ($)
2.06
2.30
2.54
2.74
2.81
2.84
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value is the average of up to 15 valuation models, most of them anchored to the company's own multiples, so it stays near the price and should be read as a range, not a point. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.
