STMicroelectronics
STM NYSE Semiconductors Financials FY2016βFY2025
STMicroelectronics' revenue fell 11.1% to $11.8 billion in fiscal 2025. Its operating margin was 1.5%, down from 12.6% a year earlier. It paid out $688 million in dividends and buybacks. The diluted share count fell 1.7%.
Last close Β· Oct 23, 2026
$44.02
οΏ½οΏ½
Revenue
Total sales reported in the income statement.
$11.8B
11.1%
vs prior year
Operating margin
Operating income as a share of revenue.
1.5%
11.2 pts
Net income
Profit after all expenses, interest and tax.
$166M
89.3%
Free cash flow
Cash from operations minus capital spending.
β
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
0.5%
8.5 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
$40.6B
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
About these figures. STMicroelectronics is a foreign company: it files an annual report on Form 20-F, prepared under US accounting standards (US GAAP), instead of a 10-K, and no quarterly reports, so this page has fiscal years only. Its shares trade in the US as American depositary shares (ADSs), and one ADS can stand for several ordinary shares, so per-share figures are per ordinary share and the page has no market value, P/E or valuation model.
What STMicroelectronics does
No business description yet.
- Legal name
- STMicroelectronics N.V.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- β
- Accession Β· CIK
- 0000932787-26-000009
0000932787
Revenue and margins
STMicroelectronics had $11.8B of revenue in fiscal 2025, down 11.1% on the year before.
FY16
Revenue $7.0B
FY17
Revenue $8.3B
FY18
Revenue $9.7B
FY19
Revenue $9.6B
FY20
Revenue $10.2B
FY21
Revenue $12.8B
FY22
Revenue $16.1B
FY23
Revenue $17.3B
FY24
Revenue $13.3B
FY25
Revenue $11.8B
FY16
Gross 35.3%
Operating 3.3%
Net 2.4%
FCF β
FY17
Gross 39.2%
Operating 12.0%
Net 9.6%
FCF β
FY18
Gross 40.0%
Operating 14.5%
Net 13.3%
FCF β
FY19
Gross 38.7%
Operating 12.6%
Net 10.8%
FCF β
FY20
Gross 37.1%
Operating 13.0%
Net 10.8%
FCF β
FY21
Gross 41.7%
Operating 19.0%
Net 15.7%
FCF β
FY22
Gross 47.3%
Operating 27.5%
Net 24.6%
FCF β
FY23
Gross 47.9%
Operating 26.7%
Net 24.4%
FCF β
FY24
Gross 39.3%
Operating 12.6%
Net 11.7%
FCF β
FY25
Gross 33.9%
Operating 1.5%
Net 1.4%
FCF β
Gross
Operating
Net
FCF
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew β0.6% a year. Loss periods are shown in red.
FY16
Net income $165M
FY17
Net income $802M
FY18
Net income $1.3B
FY19
Net income $1.0B
FY20
Net income $1.1B
FY21
Net income $2.0B
FY22
Net income $4.0B
FY23
Net income $4.2B
FY24
Net income $1.6B
FY25
Net income $166M
FY16
Diluted EPS $0.19
FY17
Diluted EPS $0.89
FY18
Diluted EPS $1.41
FY19
Diluted EPS $1.14
FY20
Diluted EPS $1.20
FY21
Diluted EPS $2.16
FY22
Diluted EPS $4.19
FY23
Diluted EPS $4.46
FY24
Diluted EPS $1.66
FY25
Diluted EPS $0.18
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital 4.6%
Return on equity 3.6%
Return on assets 2.0%
FY17
Return on capital 18.9%
Return on equity 16.1%
Return on assets 9.1%
FY18
Return on capital 24.3%
Return on equity 21.9%
Return on assets 12.5%
FY19
Return on capital 16.9%
Return on equity 15.4%
Return on assets 9.1%
FY20
Return on capital 15.8%
Return on equity 14.3%
Return on assets 8.4%
FY21
Return on capital 25.1%
Return on equity 22.7%
Return on assets 13.3%
FY22
Return on capital 38.9%
Return on equity 36.2%
Return on assets 22.3%
FY23
Return on capital 30.8%
Return on equity 28.6%
Return on assets 19.0%
FY24
Return on capital 9.0%
Return on equity 9.1%
Return on assets 6.3%
FY25
Return on capital 0.5%
Return on equity 0.9%
Return on assets 0.7%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was β in fiscal 2025, β of revenue. Cash from operations minus capital spending.
FY16
Free cash flow β
FY17
Free cash flow β
FY18
Free cash flow β
FY19
Free cash flow β
FY20
Free cash flow β
FY21
Free cash flow β
FY22
Free cash flow β
FY23
Free cash flow β
FY24
Free cash flow β
FY25
Free cash flow β
FY16
Cash from operations $1.0B
Capital spending β
FY17
Cash from operations $1.7B
Capital spending β
FY18
Cash from operations $1.8B
Capital spending β
FY19
Cash from operations $1.9B
Capital spending β
FY20
Cash from operations $2.1B
Capital spending β
FY21
Cash from operations $3.1B
Capital spending β
FY22
Cash from operations $5.2B
Capital spending β
FY23
Cash from operations $6.0B
Capital spending β
FY24
Cash from operations $3.0B
Capital spending β
FY25
Cash from operations $2.2B
Capital spending β
Cash from operations
Capital spending
Dividends, buybacks and share count
STMicroelectronics returned $688M to shareholders in fiscal 2025. The diluted share count fell 1.7%.
FY16
Dividends $251M
Buybacks $0.0M
FY17
Dividends $214M
Buybacks $297M
FY18
Dividends $216M
Buybacks $62.0M
FY19
Dividends $214M
Buybacks $250M
FY20
Dividends $168M
Buybacks $125M
FY21
Dividends $205M
Buybacks $485M
FY22
Dividends $212M
Buybacks $346M
FY23
Dividends $223M
Buybacks $346M
FY24
Dividends $288M
Buybacks $359M
FY25
Dividends $321M
Buybacks $367M
Dividends
Buybacks
FY16
Diluted shares 0.89B
FY17
Diluted shares 0.91B
FY18
Diluted shares 0.91B
FY19
Diluted shares 0.90B
FY20
Diluted shares 0.92B
FY21
Diluted shares 0.92B
FY22
Diluted shares 0.95B
FY23
Diluted shares 0.94B
FY24
Diluted shares 0.94B
FY25
Diluted shares 0.92B
Balance sheet
Cash, debt and the ratios that show how comfortably STMicroelectronics can carry it.
FY16
Cash $2.0B
Debt $1.5B
FY17
Cash $2.2B
Debt $1.7B
FY18
Cash $2.6B
Debt $1.9B
FY19
Cash $2.7B
Debt $2.3B
FY20
Cash $3.1B
Debt $2.6B
FY21
Cash $3.2B
Debt $2.5B
FY22
Cash $3.9B
Debt $2.8B
FY23
Cash $4.9B
Debt $3.0B
FY24
Cash $4.7B
Debt $3.0B
FY25
Cash $3.8B
Debt $2.2B
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $3.2B | $3.9B | $4.9B | $4.7B | $3.8B |
| Debt incl. finance leases | $2.5B | $2.8B | $3.0B | $3.0B | $2.2B |
| Net debt / EBITDA | β0.2x | β0.2x | β0.3x | β0.5x | β0.8x |
| Debt / equity | 0.3x | 0.2x | 0.2x | 0.2x | 0.1x |
| Interest coverage | 57.6x | 341.5x | 83.8x | 19.7x | 3.2x |
| Current ratio | 2.7x | 2.6x | 3.2x | 3.1x | 3.4x |
| Quick ratio | 2.0x | 1.9x | 2.4x | 2.4x | 2.4x |
| Total assets | $15.5B | $20.0B | $24.5B | $24.7B | $24.8B |
| Total liabilities | $6.3B | $7.2B | $7.6B | $7.1B | $6.6B |
| Shareholders' equity | $9.2B | $12.7B | $16.7B | $17.4B | $17.8B |
| Net debt (β = net cash) | β$686M | β$1.2B | β$1.9B | β$1.7B | β$1.6B |
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
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | 7 / 9 | 5 / 9 | 6 / 9 |
| Accruals ratio | β8.0% | β5.7% | β8.0% |
| Altman Z'' | 7.42 | 6.97 | 6.77 |
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 | |
|---|---|---|---|---|---|---|---|---|
| STMicroelectronics STM | $40.6B | β11.1% | 1.5% | β | 0.5% | β | 6 | |
| NXP Semiconductors NXPI | $59.6B | β2.7% | 24.8% | 19.8% | 12.6% | 22.5x | 4 | Compare β |
| Analog Devices ADI | $191.2B | 16.9% | 26.6% | 38.8% | 6.2% | 46.5x | 8 | Compare β |
| Marvell Technology MRVL | $210.5B | 42.1% | 16.1% | 17.0% | 7.0% | 75.4x | 6 | Compare β |
| Texas Instruments TXN | $262.2B | 13.1% | 34.1% | 14.7% | 21.8% | 36.9x | 6 | Compare β |
10 years of figures
US$ 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 | $7.0B | $8.3B | $9.7B | $9.6B | $10.2B | $12.8B | $16.1B | $17.3B | $13.3B | $11.8B |
| Gross profit | $2.5B | $3.3B | $3.9B | $3.7B | $3.8B | $5.3B | $7.6B | $8.3B | $5.2B | $4.0B |
| Research and development | $1.3B | $1.3B | $1.4B | $1.5B | $1.5B | $1.7B | $1.9B | $2.1B | $2.1B | $2.0B |
| Operating income | $227M | $1.0B | $1.4B | $1.2B | $1.3B | $2.4B | $4.4B | $4.6B | $1.7B | $175M |
| Interest expense | $40.0M | $52.0M | $54.0M | $54.0M | $54.0M | $42.0M | $13.0M | $55.0M | $85.0M | $55.0M |
| Pretax income | $201M | $953M | $1.4B | $1.2B | $1.3B | $2.3B | $4.5B | $4.8B | $1.9B | $400M |
| Income tax | $31.0M | $143M | $96.0M | $156M | $159M | $331M | $520M | $541M | $313M | $220M |
| Net income | $165M | $802M | $1.3B | $1.0B | $1.1B | $2.0B | $4.0B | $4.2B | $1.6B | $166M |
| Diluted EPS | $0.19 | $0.89 | $1.41 | $1.14 | $1.20 | $2.16 | $4.19 | $4.46 | $1.66 | $0.18 |
| Diluted shares | 0.89B | 0.91B | 0.91B | 0.90B | 0.92B | 0.92B | 0.95B | 0.94B | 0.94B | 0.92B |
| Cash flow | ||||||||||
| Cash from operations | $1.0B | $1.7B | $1.8B | $1.9B | $2.1B | $3.1B | $5.2B | $6.0B | $3.0B | $2.2B |
| Depreciation and amortization | $696M | $650M | $791M | $854M | $923M | $1.0B | $1.2B | $1.6B | $1.8B | $1.9B |
| Stock-based compensation | $38.0M | $61.0M | $125M | $145M | $155M | $221M | $215M | $236M | $222M | $193M |
| Acquisitions | $78.0M | $0.0M | $0.0M | $127M | $113M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $297M | $62.0M | $250M | $125M | $485M | $346M | $346M | $359M | $367M |
| Dividends paid | $251M | $214M | $216M | $214M | $168M | $205M | $212M | $223M | $288M | $321M |
| Dividends and buybacks | $251M | $511M | $278M | $464M | $293M | $690M | $558M | $569M | $647M | $688M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $2.0B | $2.2B | $2.6B | $2.7B | $3.1B | $3.2B | $3.9B | $4.9B | $4.7B | $3.8B |
| Total debt | $1.5B | $1.7B | $1.9B | $2.1B | $2.6B | $2.5B | $2.7B | $2.9B | $3.0B | $2.1B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $206M | β | $0.0M | $57.0M | $65.0M | $66.0M | $103M |
| Current assets | $4.4B | $5.1B | $5.9B | $6.3B | $7.6B | $7.8B | $9.8B | $11.8B | $11.7B | $11.3B |
| Current liabilities | $1.6B | $2.0B | $2.1B | $2.1B | $3.1B | $2.9B | $3.8B | $3.7B | $3.8B | $3.4B |
| Inventory | $1.2B | $1.3B | $1.6B | $1.7B | $1.8B | $2.0B | $2.6B | $2.7B | $2.8B | $3.1B |
| Property and equipment, net | $2.3B | $3.1B | $3.5B | $4.0B | $4.6B | $5.7B | $8.2B | $10.6B | $10.9B | $11.1B |
| Total assets | $8.0B | $9.7B | $10.9B | $11.9B | $14.5B | $15.5B | $20.0B | $24.5B | $24.7B | $24.8B |
| Total liabilities | $3.4B | $4.2B | $4.4B | $4.8B | $5.9B | $6.3B | $7.2B | $7.6B | $7.1B | $6.6B |
| Shareholders' equity | $4.5B | $5.4B | $6.4B | $7.0B | $8.4B | $9.2B | $12.7B | $16.7B | $17.4B | $17.8B |
| Margins | ||||||||||
| Gross margin | 35.3% | 39.2% | 40.0% | 38.7% | 37.1% | 41.7% | 47.3% | 47.9% | 39.3% | 33.9% |
| Operating margin | 3.3% | 12.0% | 14.5% | 12.6% | 13.0% | 19.0% | 27.5% | 26.7% | 12.6% | 1.5% |
| EBITDA margin | 13.2% | 19.8% | 22.7% | 21.5% | 22.0% | 27.2% | 35.1% | 35.7% | 25.9% | 17.2% |
| Net margin | 2.4% | 9.6% | 13.3% | 10.8% | 10.8% | 15.7% | 24.6% | 24.4% | 11.7% | 1.4% |
| Returns | ||||||||||
| Return on capital | 4.6% | 18.9% | 24.3% | 16.9% | 15.8% | 25.1% | 38.9% | 30.8% | 9.0% | 0.5% |
| Return on capital employed | 3.5% | 14.3% | 17.1% | 13.0% | 12.5% | 20.2% | 30.9% | 25.0% | 8.0% | 0.8% |
| Return on equity | 3.6% | 16.1% | 21.9% | 15.4% | 14.3% | 22.7% | 36.2% | 28.6% | 9.1% | 0.9% |
| Return on assets | 2.0% | 9.1% | 12.5% | 9.1% | 8.4% | 13.3% | 22.3% | 19.0% | 6.3% | 0.7% |
| Growth | ||||||||||
| Revenue growth | 1.1% | 19.7% | 15.8% | β1.1% | 6.9% | 24.9% | 26.4% | 7.2% | β23.2% | β11.1% |
| Net income growth | 58.7% | 386.1% | 60.5% | β19.8% | 7.2% | 80.8% | 98.0% | 6.3% | β63.0% | β89.3% |
| EPS growth | 58.3% | 368.4% | 58.4% | β19.2% | 5.3% | 80.0% | 94.0% | 6.4% | β62.8% | β89.2% |
| Share count change | 0.7% | 2.2% | 0.5% | β0.8% | 1.8% | 0.6% | 2.3% | β0.2% | β0.5% | β1.7% |
| Financial health | ||||||||||
| Net debt / EBITDA | β0.6x | β0.3x | β0.3x | β0.2x | β0.2x | β0.2x | β0.2x | β0.3x | β0.5x | β0.8x |
| Debt / equity | 0.3x | 0.3x | 0.3x | 0.3x | 0.3x | 0.3x | 0.2x | 0.2x | 0.2x | 0.1x |
| Interest coverage | 5.7x | 19.3x | 25.9x | 22.3x | 24.5x | 57.6x | 341.5x | 83.8x | 19.7x | 3.2x |
| Current ratio | 2.8x | 2.5x | 2.8x | 3.0x | 2.5x | 2.7x | 2.6x | 3.2x | 3.1x | 3.4x |
| Quick ratio | 2.0x | 1.9x | 2.0x | 2.2x | 1.9x | 2.0x | 1.9x | 2.4x | 2.4x | 2.4x |
| Capital allocation | ||||||||||
| Stock comp / revenue | 0.5% | 0.7% | 1.3% | 1.5% | 1.5% | 1.7% | 1.3% | 1.4% | 1.7% | 1.6% |
| Quality scores | ||||||||||
| Piotroski F-score | 7.0 | 6.0 | 7.0 | 6.0 | 3.0 | 8.0 | 7.0 | 7.0 | 5.0 | 6.0 |
| Altman Z'' | 4.1 | 4.5 | 5.2 | 5.3 | 5.0 | 5.8 | 6.7 | 7.4 | 7.0 | 6.8 |
| Accruals ratio | β10.8% | β9.9% | β5.4% | β7.4% | β7.5% | β7.1% | β7.0% | β8.0% | β5.7% | β8.0% |
Source: SEC EDGAR XBRL filings (CIK 0000932787). Data updated October 23, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.