Photronics Inc
PLAB Nasdaq· Semiconductors & Related Devices
Last close · Oct 23, 2026
$28.15
KIRA · Stoqly’s AI analyst, in plain words
- Photronics Inc had $849M of revenue in fiscal 2025, down 2.0% on the year before. Over five years, revenue changed +6.9% a year on average.
- Its operating margin was 24.5%, down 1.0 pts: of every 100 in sales, about 25 is left after running the business.
- Photronics Inc made $136M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 15.2% a year.
- Free cash flow was $59.7M in fiscal 2025, 7.0% of revenue.
- Photronics Inc returned $97.4M to shareholders in fiscal 2025, 163% of free cash flow. The diluted share count fell 4.0%.
- Photronics Inc has $588M more cash than debt.
Market cap
$1.7B
P/E
9.9x
Revenue
$849M
Net income
$136M
Free cash flow
$59.7M
Operating margin
24.5%
Photronics Inc in 30 seconds · fiscal 2025
Are sales growing?
−2.0%
No. Sales fell 2.0% last year.
Does it make a profit?
16.1%
Yes. It keeps 16.1% of every sale as profit.
Does profit turn into cash?
7.0%
Partly. 7.0% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
9.9x
One share costs 9.9 times its yearly profit per share.
What Photronics Inc does
No business description yet.
- Fiscal year ends
- October 31, 2025
- Latest annual report
- 10-K · Dec 17, 2025
- Legal name
- PHOTRONICS INC
- CIK
- 0000810136
Photronics Inc · PLAB
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $664M | $825M | $892M | $867M | $849M |
| Revenue growth | 8.9% | 24.2% | 8.2% | −2.8% | −2.0% |
| Gross margin | 25.2% | 35.7% | 37.7% | 36.4% | 35.3% |
| Operating margin | 14.2% | 25.7% | 28.4% | 25.6% | 24.5% |
| Net income | $55.4M | $119M | $125M | $131M | $136M |
| Net margin | 8.4% | 14.4% | 14.1% | 15.1% | 16.1% |
| Diluted EPS | $0.89 | $1.94 | $2.03 | $2.09 | $2.28 |
| Cash | |||||
| Cash from operations | $151M | $275M | $302M | $261M | $248M |
| Capital expenditure | $109M | $112M | $131M | $131M | $188M |
| Free cash flow | $41.7M | $163M | $171M | $131M | $59.7M |
| FCF margin | 6.3% | 19.8% | 19.2% | 15.1% | 7.0% |
| Share buybacks | $48.2M | $2.5M | $0.0M | $0.0M | $97.4M |
| Share count change | −5.3% | −1.3% | 0.9% | 1.0% | −4.0% |
| Debt and strength | |||||
| Cash and short-term investments | $277M | $359M | $512M | $641M | $588M |
| Debt incl. finance leases | $150M | $73.4M | $49.2M | $36.0M | $0.0M |
| Shareholders' equity | $824M | $832M | $975M | $1.1B | $1.2B |
| Net debt / EBITDA | −0.7x | −1.0x | −1.4x | −2.0x | −2.1x |
| Current ratio | 3.1x | 3.3x | 4.2x | 5.1x | 5.4x |
| Returns and quality | |||||
| Return on capital | 11.1% | 30.8% | 38.4% | 33.0% | 30.5% |
| Return on equity | 6.8% | 14.4% | 13.9% | 12.5% | 11.9% |
| Return on tangible equity | 6.7% | 14.3% | 12.9% | 11.7% | 11.6% |
| Piotroski F-score | 6 | 9 | 6 | 5 | 6 |
| Altman Z'' | 6.1 | 7.8 | 9.0 | 10.1 | 10.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$24.2M
10 insiders
Of sales under plans
1%
$0.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Photronics Inc · PLAB
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $28.15 a share, the company is worth $1.7B: 9.9 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000810136). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.