Information Technology · Semiconductors · US stock · price as of 16 Oct 2026
Key indicators
Price
$79.70
52-week range
$51.49 – $92.80
Market cap
$12.1B
P/E (trailing)
41.7×
EV / EBITDA
38.5×
Free-cash-flow yield
3.6%
Dividend yield
2.7%
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
Blended fair value$140.05 range $137 – $143
Versus priceUndervalued+76% to fair value
Peer multiples
$196.44
Fundamentals-adjusted multiple
$125.30
10-year DCF (market-scaled)
$98.40
Earnings power value (floor, not blended)
$50.75
Model uncertainty
Medium
X-Ray Score
41/ 100 · High confidence · ahead of 25% of sector peers
Valuation63
Growth10
Profitability26
Financial health58
Dividends52
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 2.7%.
StocksXray gives Skyworks Solutions, Inc. an X-Ray Score of 41 out of 100 (high confidence), ahead of 25% of the S&P 500 stocks in its sector. Its strongest lens is valuation (63) and its weakest is growth (10).
Our fair value blend is $140.05 (range $136.88 to $143.21). At $79.70 the stock trades 43% below that blend, so the label is "Undervalued" with medium 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
$79.70
Market cap
$23.8B
$12.3B
$14.3B
$14.9B
$11.6B
$12.1B
P/E
15.9×
9.7×
14.6×
25.0×
24.3×
41.7×
EV / revenue
4.9×
2.5×
3.1×
3.4×
2.7×
2.9×
EV / EBITDA
15.5×
9.1×
13.2×
22.5×
22.4×
38.5×
Price / free cash flow
21.0×
13.2×
8.7×
8.9×
10.5×
27.8×
Free-cash-flow yield
4.8%
7.6%
11.5%
11.2%
9.5%
3.6%
Price / book
4.5×
2.3×
2.4×
2.4×
2.0×
2.1×
Dividend yield
1.45%
3.05%
2.84%
2.97%
3.76%
2.67%
Fundamentals checklist ● 5 Good · ● 2 Average · ● 9 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−5.7%Good
Free-cash-flow yield3.6%Average
Risk models
Altman Z score7.9×Good
Piotroski F-Score5 of 9Bad
Growth
EPS growth (3y)−26.7%Bad
Free-cash-flow growth (3y)5.7%Bad
Revenue growth (3y)−9.3%Bad
Growth consistency20%Bad
Balance sheet
Current ratio3.1×Good
Net debt / EBITDA-1.0×Good
Interest cover11.5×Bad
Valuation
Fair value vs price1.8×Good
EBIT / EV yield2.6%Average
Profitability
Return on invested capital5.0%Bad
Operating margin7.6%Bad
Gross profitability22.0%Bad
XStocksXray
Skyworks Solutions, Inc. (SWKS)
Financials US$ 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 blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.