NXP Semiconductors
NXPI Nasdaq Semiconductors Financials FY2016–FY2025
NXP Semiconductors' revenue fell 2.7% to $12.3 billion in fiscal 2025. Its operating margin was 24.8%, down from 27.1% a year earlier. Free cash flow was $2.4 billion, up 17.9%. It paid out $1.9 billion in dividends and buybacks, 79% of free cash flow. The diluted share count fell 1.4%.
What NXP Semiconductors does
NXP Semiconductors, based in Eindhoven, the Netherlands, designs chips and sells them to makers of cars, factory and smart-home equipment, phones and communications gear. Its products include microcontrollers (small chips that control a device), application and communication processors, wireless connectivity chips, analog and power chips, radio-frequency amplifiers for cell towers, sensors and security chips used in passports, payment cards and phones.
It reports one business segment but sells into four end markets: Automotive, Industrial & IoT (internet-connected devices), Mobile, and Communication Infrastructure & Other. Revenue in 2025 was $12,269 million. Automotive is its main focus, and it describes growth coming from driver assistance, electric vehicles and software-defined vehicles.
NXP uses a mix of its own chip factories, a factory run jointly with another chip company, and outside foundries. It is joining two new 300 millimeter chip plants as a part-owner: one in Dresden, Germany, and one in Singapore. In 2025 it bought TTTech Auto, Aviva Links and Kinara, which add automotive software, in-car networking and AI processing chips.
- Legal name
- NXP Semiconductors N.V.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 19, 2026
- Accession · CIK
- 0001413447-26-000008
0001413447
Revenue and margins
NXP Semiconductors had $12.3B of revenue in fiscal 2025, down 2.7% on the year before.
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 33.8% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $2.4B in fiscal 2025, 19.8% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
NXP Semiconductors returned $1.9B to shareholders in fiscal 2025, 79% of free cash flow. The diluted share count fell 1.4%.
Value NXP Semiconductors yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets — the answer depends entirely on what you put in.
Discounted cash flow
Value per share
—
Adds net cash of −$9.8B and divides by 254.3M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
—
Reference multiples: today 22.5x · peers 46.4x · sector 33.5x.
Balance sheet
Cash, debt and the ratios that show how comfortably NXP Semiconductors can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $2.8B | $3.8B | $3.9B | $3.3B | $3.3B |
| Debt incl. finance leases | $10.7B | $11.3B | $11.3B | $12.4B | $13.1B |
| Net debt / EBITDA | 2.0x | 1.5x | 1.6x | 2.1x | 2.5x |
| Debt / equity | 1.6x | 1.5x | 1.3x | 1.4x | 1.3x |
| Interest coverage | 7.0x | 8.9x | 8.4x | 8.6x | 6.5x |
| Current ratio | 2.1x | 2.1x | 1.9x | 2.4x | 2.1x |
| Quick ratio | 1.7x | 1.6x | 1.4x | 1.6x | 1.4x |
| Total assets | $20.9B | $23.2B | $24.4B | $24.4B | $26.6B |
| Total liabilities | $14.1B | $15.5B | $15.4B | $14.9B | $16.1B |
| Shareholders' equity | $6.5B | $7.4B | $8.6B | $9.2B | $10.1B |
| Net debt (− = net cash) | $7.8B | $7.4B | $7.4B | $9.1B | $9.8B |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.1M
1 insider
Sold, 12 months
$9.4M
5 insiders
Of sales under plans
79%
$7.4M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 1, 2026 | Christopher L JensenEVP, Chief People Officer | Sold plan | 3,355 | $240.00 | $0.8M | Form 4 |
| Sep 15, 2026 | Andrew MicallefEVP, Chief Operations Officer | Sold plan | 1,000 | $226.04 | $0.2M | Form 4 |
| Jun 15, 2026 | Andrew MicallefEVP, Chief Operations Officer | Sold plan | 1,000 | $315.57 | $0.3M | Form 4 |
| Jun 1, 2026 | Christopher L JensenEVP, Chief People Officer | Sold plan | 1,746 | $316.53 | $0.6M | Form 4 |
| Apr 23, 2026 | Andrew HardyEVP, Chief Sales Officer | Sold plan | 5,289 | $235.00 | $1.2M | Form 4 |
| Apr 23, 2026 | Christopher L JensenEVP, Chief People Officer | Sold plan | 4,576 | $234.03 | $1.1M | Form 4 |
| Mar 16, 2026 | Andrew MicallefEVP, Chief Operations Officer | Sold plan | 1,000 | $194.58 | $0.2M | Form 4 |
| Jan 2, 2026 | Jennifer WuamettEVP & General Counsel | Sold plan | 12,425 | $220.94 | $2.7M | Form 4 |
| Dec 15, 2025 | Andrew MicallefEVP, Chief Operations Officer | Sold plan | 1,000 | $230.78 | $0.2M | Form 4 |
| Dec 3, 2025 | Christopher L JensenEVP, Chief People Officer | Sold | 2,300 | $228.17 | $0.5M | Form 4 |
| Dec 3, 2025 | Julie SouthernDirector | Bought | 225 | $225.48 | $0.1M | Form 4 |
| Nov 13, 2025 | William BetzEVP & CFO | Sold | 7,299 | $201.93 | $1.5M | Form 4 |
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ |
| Return on assets rose | ✕ | ✕ | ✕ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ |
| Debt fell relative to assets | ✓ | ✕ | ✕ |
| Current ratio rose | ✕ | ✓ | ✕ |
| Share count didn't rise | ✓ | ✓ | ✓ |
| Gross margin rose | ✕ | ✕ | ✕ |
| Revenue rose relative to assets | ✕ | ✕ | ✕ |
| F-score | 5 / 9 | 5 / 9 | 4 / 9 |
| Accruals ratio | −3.0% | −1.1% | −3.1% |
| Altman Z'' | 2.26 | 2.50 | 2.29 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| NXP Semiconductors NXPI | $59.6B | −2.7% | 24.8% | 19.8% | 12.6% | 22.5x | 4 | |
| STMicroelectronics STM | $40.6B | −11.1% | 1.5% | — | 0.5% | — | 6 | Compare → |
| Analog Devices ADI | $191.2B | 16.9% | 26.6% | 38.8% | 6.2% | 46.4x | 8 | Compare → |
| Texas Instruments TXN | $262.2B | 13.1% | 34.1% | 14.7% | 21.8% | 36.9x | 6 | Compare → |
| Marvell Technology MRVL | $210.5B | 42.1% | 16.1% | 17.0% | 7.0% | 75.4x | 6 | Compare → |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $9.5B | $9.3B | $9.4B | $8.9B | $8.6B | $11.1B | $13.2B | $13.3B | $12.6B | $12.3B |
| Gross profit | $4.1B | $4.6B | $4.9B | $4.6B | $4.2B | $6.1B | $7.5B | $7.6B | $7.1B | $6.7B |
| Research and development | $1.6B | $1.6B | $1.7B | $1.6B | $1.7B | $1.9B | $2.1B | $2.4B | $2.3B | $2.4B |
| Operating income | −$150M | $2.1B | $2.7B | $641M | $418M | $2.6B | $3.8B | $3.7B | $3.4B | $3.0B |
| Interest expense | $408M | $310M | $273M | $370M | $362M | $369M | $427M | $438M | $398M | $466M |
| Pretax income | −$603M | $1.7B | $2.4B | $291M | $1.0M | $2.2B | $3.4B | $3.4B | $3.1B | $2.7B |
| Income tax | −$851M | −$483M | $176M | $20.0M | −$83.0M | $272M | $529M | $523M | $545M | $525M |
| Net income | $200M | $2.2B | $2.2B | $243M | $52.0M | $1.9B | $2.8B | $2.8B | $2.5B | $2.0B |
| Diluted EPS | $0.58 | $6.41 | $6.72 | $0.85 | $0.18 | $6.79 | $10.55 | $10.70 | $9.73 | $7.95 |
| Diluted shares | 0.35B | 0.35B | 0.33B | 0.29B | 0.28B | 0.28B | 0.26B | 0.26B | 0.26B | 0.25B |
| Cash flow | ||||||||||
| Cash from operations | $2.3B | $2.4B | $4.4B | $2.4B | $2.5B | $3.1B | $3.9B | $3.5B | $2.8B | $2.8B |
| Capital expenditure | $389M | $552M | $611M | $526M | $392M | $767M | $1.1B | $827M | $727M | $397M |
| Free cash flow | $1.9B | $1.9B | $3.8B | $1.8B | $2.1B | $2.3B | $2.8B | $2.7B | $2.1B | $2.4B |
| Depreciation and amortization | $2.2B | $2.2B | $2.0B | $2.0B | $2.0B | $1.3B | $1.3B | $1.1B | $925M | $832M |
| Stock-based compensation | $338M | $281M | $314M | $346M | $384M | $353M | $364M | $411M | $461M | $462M |
| Acquisitions | $202M | $0.0M | $18.0M | $1.7B | $34.0M | $23.0M | $27.0M | $0.0M | $0.0M | $1.2B |
| Share buybacks | $1.3B | $286M | $5.0B | $1.4B | $627M | $4.0B | $1.4B | $1.1B | $1.4B | $899M |
| Dividends paid | $0.0M | $0.0M | $74.0M | $319M | $420M | $562M | $815M | $1.0B | $1.0B | $1.0B |
| Dividends and buybacks | $1.3B | $286M | $5.1B | $1.8B | $1.0B | $4.6B | $2.2B | $2.1B | $2.4B | $1.9B |
| Balance sheet | ||||||||||
| Cash and short-term investments | $1.9B | $3.5B | $2.8B | $1.0B | $2.3B | $2.8B | $3.8B | $3.9B | $3.3B | $3.3B |
| Total debt | $9.2B | $6.6B | $7.4B | $7.4B | $7.7B | $10.7B | $11.3B | $11.3B | $12.4B | $13.0B |
| Finance lease liabilities | $0.0M | $0.0M | $27.0M | $25.0M | $24.0M | $23.0M | $21.0M | $19.0M | $17.0M | $15.0M |
| Current assets | $5.4B | $6.0B | $5.2B | $3.3B | $4.3B | $5.2B | $6.9B | $7.9B | $7.3B | $7.9B |
| Current liabilities | $2.4B | $2.7B | $3.4B | $1.8B | $2.0B | $2.5B | $3.3B | $4.1B | $3.1B | $3.9B |
| Inventory | $1.1B | $1.2B | $1.3B | $1.2B | $1.0B | $1.2B | $1.8B | $2.1B | $2.4B | $2.6B |
| Property and equipment, net | $2.4B | $2.3B | $2.4B | $2.4B | $2.3B | $2.6B | $3.1B | $3.3B | $3.3B | $3.0B |
| Total assets | $24.9B | $24.0B | $21.5B | $20.0B | $19.8B | $20.9B | $23.2B | $24.4B | $24.4B | $26.6B |
| Total liabilities | $13.7B | $10.3B | $10.8B | $10.4B | $10.7B | $14.1B | $15.5B | $15.4B | $14.9B | $16.1B |
| Shareholders' equity | $10.9B | $13.5B | $10.5B | $9.4B | $8.9B | $6.5B | $7.4B | $8.6B | $9.2B | $10.1B |
| Margins | ||||||||||
| Gross margin | 42.8% | 49.9% | 51.6% | 52.0% | 49.2% | 54.8% | 56.9% | 56.9% | 56.4% | 54.7% |
| Operating margin | −1.6% | 22.7% | 28.8% | 7.2% | 4.9% | 23.4% | 28.8% | 27.6% | 27.1% | 24.8% |
| EBITDA margin | 21.6% | 46.2% | 49.9% | 30.3% | 27.9% | 34.8% | 38.2% | 35.9% | 34.4% | 31.6% |
| Net margin | 2.1% | 23.9% | 23.5% | 2.7% | 0.6% | 16.9% | 21.1% | 21.1% | 19.9% | 16.5% |
| FCF margin | 20.2% | 20.5% | 40.0% | 20.8% | 24.3% | 20.9% | 21.5% | 20.2% | 16.3% | 19.8% |
| Returns | ||||||||||
| Return on capital | −0.6% | 12.0% | 15.7% | 3.8% | 2.7% | 15.5% | 21.5% | 19.6% | 16.1% | 12.6% |
| Return on capital employed | −0.7% | 9.6% | 13.7% | 3.5% | 2.3% | 14.3% | 19.8% | 18.2% | 16.5% | 13.9% |
| Return on equity | 1.8% | 18.1% | 18.4% | 2.4% | 0.6% | 24.2% | 39.9% | 34.8% | 28.2% | 21.0% |
| Return on assets | 0.8% | 9.1% | 9.7% | 1.2% | 0.3% | 9.2% | 12.6% | 11.8% | 10.3% | 7.9% |
| Growth | ||||||||||
| Revenue growth | 55.7% | −2.6% | 1.6% | −5.6% | −3.0% | 28.5% | 19.4% | 0.5% | −5.0% | −2.7% |
| Net income growth | −86.9% | 1,007.5% | −0.3% | −89.0% | −78.6% | 3,498.1% | 49.0% | 0.4% | −10.3% | −19.5% |
| EPS growth | −90.5% | 1,005.2% | 4.8% | −87.4% | −78.8% | 3,672.2% | 55.4% | 1.4% | −9.1% | −18.3% |
| FCF growth | 93.5% | −1.0% | 98.3% | −50.9% | 13.2% | 10.5% | 22.6% | −5.2% | −23.5% | 17.9% |
| Share count change | 39.0% | −0.5% | −5.0% | −13.0% | −0.7% | −2.9% | −4.2% | −1.0% | −1.4% | −1.4% |
| Financial health | ||||||||||
| Net debt / EBITDA | 3.6x | 0.7x | 1.0x | 2.4x | 2.2x | 2.0x | 1.5x | 1.6x | 2.1x | 2.5x |
| Debt / equity | 0.8x | 0.5x | 0.7x | 0.8x | 0.9x | 1.6x | 1.5x | 1.3x | 1.4x | 1.3x |
| Interest coverage | −0.4x | 6.8x | 9.9x | 1.7x | 1.2x | 7.0x | 8.9x | 8.4x | 8.6x | 6.5x |
| Current ratio | 2.2x | 2.2x | 1.5x | 1.8x | 2.1x | 2.1x | 2.1x | 1.9x | 2.4x | 2.1x |
| Quick ratio | 1.8x | 1.8x | 1.2x | 1.2x | 1.6x | 1.7x | 1.6x | 1.4x | 1.6x | 1.4x |
| Capital allocation | ||||||||||
| Capex / revenue | 4.1% | 6.0% | 6.5% | 5.9% | 4.6% | 6.9% | 8.1% | 6.2% | 5.8% | 3.2% |
| Stock comp / revenue | 3.6% | 3.0% | 3.3% | 3.9% | 4.5% | 3.2% | 2.8% | 3.1% | 3.7% | 3.8% |
| Payouts / FCF | 66.9% | 15.1% | 135.2% | 95.4% | 50.1% | 198.1% | 79.1% | 76.7% | 117.3% | 79.4% |
| Quality scores | ||||||||||
| Piotroski F-score | 5.0 | 9.0 | 7.0 | 7.0 | 6.0 | 7.0 | 8.0 | 5.0 | 5.0 | 4.0 |
| Altman Z'' | 1.1 | 2.6 | 2.2 | 1.2 | 1.1 | 1.4 | 2.1 | 2.3 | 2.5 | 2.3 |
| Accruals ratio | −8.2% | −1.0% | −9.5% | −10.3% | −12.2% | −5.9% | −5.0% | −3.0% | −1.1% | −3.1% |
Source: SEC EDGAR XBRL filings (CIK 0001413447). Data updated October 23, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.