Balance Sheet Skyworks Solutions, Inc.

Equities

SWKS

US83088M1027

Semiconductors

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58.12 ^USD	+0.34%		+3.04%	-8.09%

04-03	Green Century Funds Submits Shareholder Proposal to Skyworks Solutions	CI
04-03	Skyworks Solutions Solicits Proxies from Shareholders	CI

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Published financial data: SKYWORKS SOLUTIONS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2021	2022	2023	2024	2025
Revenues	5.11B	5.49B	4.77B	4.18B	4.09B
Total Revenues	5.11B	5.49B	4.77B	4.18B	4.09B
Cost of Goods Sold, Total	2.6B	2.88B	2.67B	2.46B	2.4B
Gross Profit	2.51B	2.6B	2.11B	1.72B	1.68B
Selling General & Admin Expenses, Total	282M	330M	314M	301M	372M
Stock-Based Compensation (IS)	-	-	-	-	12.5M
R&D Expenses	532M	618M	607M	632M	786M
Amortization of Goodwill and Intangible Assets - (IS)	36M	98.9M	33.2M	900K	900K
Other Operating Expenses, Total	850M	1.05B	954M	933M	1.17B
Operating Income	1.66B	1.56B	1.15B	787M	512M
Interest Expense, Total	-13.4M	-47.9M	-64.4M	-30.7M	-27.1M
Interest And Investment Income	1.2M	-	-	-	-
Net Interest Expenses	-12.2M	-47.9M	-64.4M	-30.7M	-27.1M
Other Non Operating Income (Expenses)	-1.9M	-2.5M	18.2M	29.7M	53.8M
EBT, Excl. Unusual Items	1.65B	1.51B	1.11B	786M	538M
Restructuring Charges	-1.8M	-10M	36.2M	-2.1M	-11.7M
Merger & Related Restructuring Charges	-40.7M	-	-	-	-
Gain (Loss) On Sale Of Investments	100K	-	-	-	-
Asset Writedown	-7.1M	-20.7M	-64.5M	-148M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1.6B	1.48B	1.08B	636M	527M
Income Tax Expense	100M	201M	96M	40.4M	49.6M
Earnings From Continuing Operations	1.5B	1.28B	983M	596M	477M
Net Income to Company	1.5B	1.28B	983M	596M	477M
Net Income - (IS)	1.5B	1.28B	983M	596M	477M
Net Income to Common Incl Extra Items	1.5B	1.28B	983M	596M	477M
Net Income to Common Excl. Extra Items	1.5B	1.28B	983M	596M	477M
Per Share Items
Net EPS - Basic	9.07	7.85	6.17	3.72	3.09
Basic EPS - Continuing Operations	9.07	7.85	6.17	3.72	3.09
Basic Weighted Average Shares Outstanding	165M	162M	159M	160M	154M
Net EPS - Diluted	8.97	7.81	6.13	3.69	3.08
Diluted EPS - Continuing Operations	8.97	7.81	6.13	3.69	3.08
Diluted Weighted Average Shares Outstanding	167M	163M	160M	162M	155M
Normalized Basic EPS	6.24	5.8	4.34	3.07	2.18
Normalized Diluted EPS	6.17	5.77	4.32	3.04	2.17
Dividend Per Share	2.06	2.3	2.54	2.74	2.81
Payout Ratio	22.73	29.26	41.23	73.67	90.67
Supplemental Items
EBITDA	2.1B	2.25B	1.77B	1.24B	975M
EBITA	1.77B	1.85B	1.38B	974M	696M
EBIT	1.66B	1.56B	1.15B	787M	512M
EBITDAR	2.14B	2.3B	1.83B	1.29B	1.03B
Effective Tax Rate - (Ratio)	6.28	13.64	8.9	6.35	9.42
Current Domestic Taxes	87.5M	88.8M	164M	79.2M	45.4M
Current Foreign Taxes	70.7M	51.5M	74.4M	60.8M	59.5M
Total Current Taxes	158M	140M	239M	140M	105M
Deferred Domestic Taxes	-45.9M	44M	-102M	-121M	-80.8M
Deferred Foreign Taxes	-11.9M	17.1M	-40.4M	21.4M	25.5M
Total Deferred Taxes	-57.8M	61.1M	-143M	-99.6M	-55.3M
Normalized Net Income	1.03B	942M	692M	492M	336M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	532M	618M	607M	632M	786M
Net Rental Expense, Total	37.1M	55.9M	59M	56.1M	54.7M
Imputed Operating Lease Interest Expense	3.07M	8.87M	15.49M	10.17M	9.87M
Imputed Operating Lease Depreciation	34.03M	47.03M	43.51M	45.93M	44.83M
Stock-Based Comp., COGS (Total)	28.9M	26.9M	20.7M	32M	29.5M
Stock-Based Comp., R&D Exp. (Total)	85.7M	93.8M	94.8M	85.5M	127M
Stock-Based Comp., SG&A Exp. (Total)	77.3M	74.5M	69.6M	62.8M	63.5M
Stock-Based Comp., Other (Total)	-	-	-	-	12.5M
Total Stock-Based Compensation	192M	195M	185M	180M	232M

Fiscal Period: October	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	883M	566M	719M	1.37B	1.16B
Short Term Investments	137M	20.3M	15.6M	194M	213M
Total Cash And Short Term Investments	1.02B	586M	734M	1.56B	1.37B
Accounts Receivable, Total	756M	1.09B	864M	509M	598M
Total Receivables	756M	1.09B	864M	509M	598M
Inventory	885M	1.21B	1.12B	785M	755M
Prepaid Expenses	-	242M	306M	235M	201M
Other Current Assets, Total	204M	95.2M	155M	250M	149M
Total Current Assets	2.87B	3.23B	3.18B	3.34B	3.08B
Gross Property Plant And Equipment	3.88B	4.33B	4.38B	4.4B	4.5B
Accumulated Depreciation	-2.21B	-2.51B	-2.78B	-2.93B	-3.11B
Net Property Plant And Equipment	1.67B	1.83B	1.6B	1.47B	1.39B
Long-term Investments	7.1M	500K	4.1M	11.4M	14.2M
Goodwill	2.18B	2.18B	2.18B	2.18B	2.18B
Other Intangibles, Total	1.7B	1.44B	1.22B	900M	809M
Deferred Tax Assets Long-Term	120M	52.7M	192M	304M	376M
Other Long-Term Assets, Total	55.7M	142M	56.5M	78.3M	77.5M
Total Assets	8.59B	8.87B	8.43B	8.28B	7.92B
Liabilities
Accounts Payable, Total	236M	274M	159M	172M	236M
Accrued Expenses, Total	135M	114M	94.3M	128M	181M
Current Portion of Long-Term Debt	-	499M	299M	-	499M
Current Portion of Leases	33M	18.5M	28.3M	20.2M	36.8M
Current Income Taxes Payable	88.6M	48.8M	58.8M	52.5M	71.3M
Unearned Revenue Current, Total	120M	227M	271M	192M	203M
Other Current Liabilities	45.9M	45M	44.8M	38.1M	96.2M
Total Current Liabilities	658M	1.23B	956M	603M	1.32B
Long-Term Debt	2.24B	1.69B	993M	994M	496M
Long-Term Leases	144M	207M	189M	186M	170M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Other Non Current Liabilities	255M	281M	207M	164M	170M
Total Liabilities	3.29B	3.4B	2.34B	1.95B	2.16B
Common Stock, Total	41.3M	40M	39.9M	40M	37.2M
Additional Paid In Capital	79.6M	11.9M	172M	269M	68.1M
Retained Earnings	5.19B	5.42B	5.88B	6.03B	5.66B
Treasury Stock	-1.7M	-	-	-	-
Comprehensive Income and Other	-7.9M	-4.8M	-5.6M	-5.6M	-5.1M
Total Common Equity	5.3B	5.47B	6.08B	6.34B	5.76B
Total Equity	5.3B	5.47B	6.08B	6.34B	5.76B
Total Liabilities And Equity	8.59B	8.87B	8.43B	8.28B	7.92B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	165M	160M	160M	160M	149M
ECS Total Common Shares Outstanding	165M	160M	160M	160M	149M
Book Value / Share	32.05	34.14	38.14	39.63	38.72
Tangible Book Value	1.42B	1.85B	2.68B	3.26B	2.77B
Tangible Book Value Per Share	8.6	11.53	16.83	20.38	18.64
Total Debt	2.41B	2.41B	1.51B	1.2B	1.2B
Net Debt	1.39B	1.83B	771M	-374M	-185M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	297M	447M	472M	449M	438M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	62.2M	81.3M	57.2M	30.3M	44.8M
Inventories - Work In Process, Total	596M	805M	747M	520M	541M
Inventories - Finished Goods, Total	227M	326M	316M	234M	169M
Land - (BS)	11.9M	11.9M	11.8M	11.9M	11.9M
Buildings, Total	471M	556M	588M	610M	649M
Machinery, Total	3.05B	3.39B	3.46B	3.5B	3.56B
Full Time Employees	11K	11.15K	9.75K	10.1K	10K
Accumulated Allowance for Doubtful Accounts (Supple)	700K	800K	800K	900K	900K

Fiscal Period: October	2021	2022	2023	2024	2025
Net Income	1.5B	1.28B	983M	596M	477M
Depreciation & Amortization - CF	332M	394M	388M	265M	279M
Amortization of Goodwill and Intangible Assets - (CF)	104M	296M	226M	186M	184M
Depreciation & Amortization, Total	437M	690M	614M	451M	463M
Amortization of Deferred Charges, Total - (CF)	1.1M	4M	4M	2.5M	1.9M
Asset Writedown & Restructuring Costs	7.1M	20.7M	64.5M	148M	-
Stock-Based Compensation (CF)	192M	195M	185M	180M	232M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	-59.3M	66.9M	-155M	-117M	-66.8M
Change In Accounts Receivable	-398M	-338M	230M	355M	-89.3M
Change In Inventories	-41.2M	-337M	90.8M	330M	41.8M
Change In Accounts Payable	59.6M	31.3M	-87.1M	10.4M	67.1M
Change in Other Net Operating Assets	75.5M	-184M	-72.5M	-132M	174M
Cash from Operations	1.77B	1.42B	1.86B	1.82B	1.3B
Capital Expenditure	-638M	-489M	-210M	-157M	-195M
Sale of Property, Plant, and Equipment	-	7.7M	-	-	-
Cash Acquisitions	-2.75B	-	-	-	-
Sale (Purchase) of Intangible assets	-14.3M	-20.3M	-25.8M	-26.1M	-29.9M
Investment in Marketable and Equity Securities, Total	270M	123M	5.2M	-184M	-15.2M
Other Investing Activities, Total	-	-	6.5M	11.6M	6.1M
Cash from Investing	-3.13B	-379M	-224M	-356M	-234M
Long-Term Debt Issued, Total	2.49B	-	-	-	-
Total Debt Issued	2.49B	-	-	-	-
Long-Term Debt Repaid, Total	-250M	-50M	-900M	-300M	-
Total Debt Repaid	-250M	-50M	-900M	-300M	-
Issuance of Common Stock	36.4M	35.8M	37.2M	33.7M	33.1M
Repurchase of Common Stock	-251M	-975M	-211M	-114M	-875M
Common Dividends Paid	-341M	-373M	-405M	-439M	-433M
Common & Preferred Stock Dividends Paid	-341M	-373M	-405M	-439M	-433M
Other Financing Activities, Total	-5.8M	-	-	-	-
Cash from Financing	1.68B	-1.36B	-1.48B	-819M	-1.27B
Net Change in Cash	316M	-317M	153M	650M	-207M
Supplemental Items
Cash Interest Paid	2.2M	44.4M	62.3M	28.3M	25.4M
Cash Income Tax Paid (Refund)	184M	230M	229M	181M	147M
Levered Free Cash Flow	711M	609M	1.36B	1.55B	1.06B
Unlevered Free Cash Flow	718M	635M	1.4B	1.56B	1.07B
Change In Net Working Capital	297M	715M	-117M	-621M	-280M
Net Debt Issued / Repaid	2.24B	-50M	-900M	-300M	-

Fiscal Period: October	2021	2022	2023	2024	2025
Profitability
Return on Assets	15.17	11.15	8.33	5.89	3.95
Return on Total Capital	17.24	12.49	9.32	6.51	4.41
Return On Equity %	31.67	23.69	17.02	9.6	7.89
Return on Common Equity	31.67	23.69	17.02	9.6	7.89
Margin Analysis
Gross Profit Margin %	49.18	47.48	44.16	41.19	41.16
SG&A Margin	5.52	6.01	6.58	7.2	9.09
EBITDA Margin %	41.08	40.98	37.03	29.65	23.85
EBITA Margin %	34.58	33.79	28.9	23.31	17.03
EBIT Margin %	32.54	28.4	24.17	18.85	12.52
Income From Continuing Operations Margin %	29.33	23.25	20.59	14.27	11.67
Net Income Margin %	29.33	23.25	20.59	14.27	11.67
Net Avail. For Common Margin %	29.33	23.25	20.59	14.27	11.67
Normalized Net Income Margin	20.16	17.17	14.5	11.76	8.23
Levered Free Cash Flow Margin	13.92	11.1	28.59	36.99	25.82
Unlevered Free Cash Flow Margin	14.06	11.57	29.35	37.38	26.19
Asset Turnover
Asset Turnover	0.75	0.63	0.55	0.5	0.5
Fixed Assets Turnover	3.31	3.14	2.79	2.72	2.86
Receivables Turnover (Average Receivables)	9.17	5.93	4.87	6.09	7.38
Inventory Turnover (Average Inventory)	3.07	2.75	2.29	2.58	3.12
Short Term Liquidity
Current Ratio	4.35	2.63	3.33	5.54	2.33
Quick Ratio	2.7	1.37	1.67	3.44	1.49
Operating Cash Flow to Current Liabilities	2.69	1.16	1.94	3.03	0.98
Days Sales Outstanding (Average Receivables)	39.71	61.39	74.68	59.81	50.24
Days Outstanding Inventory (Average Inventory)	118.52	132.47	159.24	141.06	118.75
Average Days Payable Outstanding	31.49	28.94	30.66	28.39	31.86
Cash Conversion Cycle (Average Days)	126.74	164.91	203.26	172.49	137.14
Long Term Solvency
Total Debt/Equity	45.56	44.15	24.81	18.94	20.9
Total Debt / Total Capital	31.3	30.63	19.88	15.93	17.29
LT Debt/Equity	44.93	34.68	19.43	18.62	11.58
Long-Term Debt / Total Capital	30.87	24.06	15.56	15.66	9.58
Total Liabilities / Total Assets	38.34	38.37	27.82	23.5	27.28
EBIT / Interest Expense	124.05	32.52	17.91	25.65	18.88
EBITDA / Interest Expense	159.41	48.09	28.35	42.18	37.99
(EBITDA - Capex) / Interest Expense	111.81	37.88	25.09	37.06	30.79
Total Debt / EBITDA	1.13	1.05	0.83	0.93	1.17
Net Debt / EBITDA	0.65	0.79	0.42	-0.29	-0.18
Total Debt / (EBITDA - Capex)	1.61	1.33	0.93	1.06	1.44
Net Debt / (EBITDA - Capex)	0.92	1.01	0.48	-0.33	-0.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	52.25	7.37	-13	-12.46	-2.18
Gross Profit, 1 Yr. Growth %	55.77	3.66	-19.08	-18.34	-2.25
EBITDA, 1 Yr. Growth %	65.29	7.09	-21.39	-29.9	-21.31
EBITA, 1 Yr. Growth %	85.67	4.9	-25.59	-29.39	-28.53
EBIT, 1 Yr. Growth %	83.56	-6.29	-25.96	-31.73	-35.01
Earnings From Cont. Operations, 1 Yr. Growth %	83.89	-14.89	-22.93	-39.36	-19.95
Net Income, 1 Yr. Growth %	83.89	-14.89	-22.93	-39.36	-19.95
Normalized Net Income, 1 Yr. Growth %	82.04	-8.55	-26.55	-28.97	-31.54
Diluted EPS Before Extra, 1 Yr. Growth %	86.88	-12.93	-21.51	-39.8	-16.53
Accounts Receivable, 1 Yr. Growth %	110.93	44.67	-21	-41.13	17.55
Inventory, 1 Yr. Growth %	9.8	36.96	-7.62	-29.91	-3.84
Net Property, Plant and Equip., 1 Yr. Growth %	17.66	9.6	-12.71	-7.75	-5.77
Total Assets, 1 Yr. Growth %	68.22	3.3	-5.04	-1.7	-4.42
Tangible Book Value, 1 Yr. Growth %	-51.32	29.95	45.26	21.45	-14.97
Common Equity, 1 Yr. Growth %	27.21	3.25	11.22	4.18	-9.15
Cash From Operations, 1 Yr. Growth %	47.11	-19.6	30.31	-1.71	-28.71
Capital Expenditures, 1 Yr. Growth %	63.79	-23.27	-57.03	-25.34	24.2
Levered Free Cash Flow, 1 Yr. Growth %	24.34	-14.39	124.2	13.24	-31.71
Unlevered Free Cash Flow, 1 Yr. Growth %	25.61	-11.65	120.75	11.5	-31.47
Dividend Per Share, 1 Yr. Growth %	13.19	11.65	10.43	7.87	2.55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	23	27.85	-3.35	-12.73	-7.46
Gross Profit, 2 Yr. CAGR %	25.16	27.07	-8.42	-18.71	-10.66
EBITDA, 2 Yr. CAGR %	25.61	33.04	-7.35	-25.77	-25.73
EBITA, 2 Yr. CAGR %	31.9	39.56	-10.61	-27.51	-28.96
EBIT, 2 Yr. CAGR %	31.67	31.15	-15.67	-28.9	-33.39
Earnings From Cont. Operations, 2 Yr. CAGR %	32.49	25.1	-19.01	-31.64	-30.33
Net Income, 2 Yr. CAGR %	32.49	25.1	-19.01	-31.64	-30.33
Normalized Net Income, 2 Yr. CAGR %	30.5	29.02	-17.01	-27.77	-30.26
Diluted EPS Before Extra, 2 Yr. CAGR %	35.44	27.56	-17.33	-31.26	-29.12
Accounts Receivable, 2 Yr. CAGR %	27.48	74.69	6.91	-31.8	-16.81
Inventory, 2 Yr. CAGR %	20.48	22.63	12.48	-19.53	-17.9
Net Property, Plant and Equip., 2 Yr. CAGR %	17.61	13.56	-2.19	-10.26	-6.76
Total Assets, 2 Yr. CAGR %	33.23	31.82	-0.96	-3.38	-3.07
Tangible Book Value, 2 Yr. CAGR %	-29.05	-20.47	37.39	32.82	1.62
Common Equity, 2 Yr. CAGR %	13.36	14.6	7.16	7.64	-2.71
Cash From Operations, 2 Yr. CAGR %	13.84	8.75	2.35	13.17	-16.29
Capital Expenditures, 2 Yr. CAGR %	26.53	12.11	-42.58	-43.36	-3.71
Levered Free Cash Flow, 2 Yr. CAGR %	3.27	3.17	41.09	59.34	-12.06
Unlevered Free Cash Flow, 2 Yr. CAGR %	3.8	5.35	42.2	56.89	-12.59
Dividend Per Share, 2 Yr. CAGR %	14.18	12.42	11.04	9.15	5.18
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.72	17.55	12.46	-6.49	-9.34
Gross Profit, 3 Yr. CAGR %	8.8	17.54	9.32	-11.85	-13.56
EBITDA, 3 Yr. CAGR %	9.03	19.1	11.64	-15.57	-24.31
EBITA, 3 Yr. CAGR %	9.47	22.21	13.17	-17.37	-27.85
EBIT, 3 Yr. CAGR %	7.99	17.56	8.39	-21.4	-31
Earnings From Cont. Operations, 3 Yr. CAGR %	17.72	14.32	6.45	-26.46	-27.94
Net Income, 3 Yr. CAGR %	17.72	14.32	6.45	-26.46	-27.94
Normalized Net Income, 3 Yr. CAGR %	7.33	15.91	6.93	-21.21	-29.05
Diluted EPS Before Extra, 3 Yr. CAGR %	21.43	16.89	8.49	-25.63	-26.67
Accounts Receivable, 3 Yr. CAGR %	4.86	32.97	34.09	-12.37	-18.23
Inventory, 3 Yr. CAGR %	21.77	25.74	11.58	-3.93	-14.61
Net Property, Plant and Equip., 3 Yr. CAGR %	13.49	14.88	4.02	-4.08	-8.79
Total Assets, 3 Yr. CAGR %	21.17	22.4	18.17	-1.21	-3.73
Tangible Book Value, 3 Yr. CAGR %	-19.87	-13.19	-2.78	31.86	14.47
Common Equity, 3 Yr. CAGR %	8.94	9.88	13.46	6.16	1.73
Cash From Operations, 3 Yr. CAGR %	12.02	1.38	15.51	0.98	-2.98
Capital Expenditures, 3 Yr. CAGR %	14.73	7.1	-18.56	-37.33	-26.41
Levered Free Cash Flow, 3 Yr. CAGR %	6.71	-2.99	33.63	31.12	20.14
Unlevered Free Cash Flow, 3 Yr. CAGR %	7.08	-1.63	34.81	31.12	19.04
Dividend Per Share, 3 Yr. CAGR %	15.41	13.33	11.75	9.98	6.9
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.21	8.48	4.29	4.35	4.02
Gross Profit, 5 Yr. CAGR %	8.57	7.17	1.56	1.42	0.84
EBITDA, 5 Yr. CAGR %	8.89	8.31	1.76	-1.42	-5.15
EBITA, 5 Yr. CAGR %	8.84	7.67	0.48	-0.83	-6.06
EBIT, 5 Yr. CAGR %	8.15	4.45	-2.67	-3.86	-10.79
Earnings From Cont. Operations, 5 Yr. CAGR %	8.53	4.77	1.36	-6.93	-10.15
Net Income, 5 Yr. CAGR %	8.53	4.77	1.36	-6.93	-10.15
Normalized Net Income, 5 Yr. CAGR %	8.09	3.71	-3.64	-4.07	-9.88
Diluted EPS Before Extra, 5 Yr. CAGR %	11.61	7.62	4.12	-5.48	-8.49
Accounts Receivable, 5 Yr. CAGR %	12.66	19.2	5.68	1.8	10.78
Inventory, 5 Yr. CAGR %	15.86	19.69	17.96	5.18	-1.31
Net Property, Plant and Equip., 5 Yr. CAGR %	15.64	15.68	6.94	4.07	-0.43
Total Assets, 5 Yr. CAGR %	17.38	14.17	11.78	11.35	9.17
Tangible Book Value, 5 Yr. CAGR %	-11.38	-9.92	-0.58	2.91	-1.05
Common Equity, 5 Yr. CAGR %	8.39	6.11	8.22	8.98	6.69
Cash From Operations, 5 Yr. CAGR %	10.46	-0.44	8.05	5.94	1.55
Capital Expenditures, 5 Yr. CAGR %	27.5	10.04	-13.02	-16.99	-12.92
Levered Free Cash Flow, 5 Yr. CAGR %	6.07	-7.32	18.46	18.31	13.04
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.29	-6.55	19.08	18.56	13.36
Dividend Per Share, 5 Yr. CAGR %	14.21	14.67	13.64	11.64	9.08