Qorvo Financial Statements From 2010 to 2024

QRVO Stock  USD 107.84  2.11  1.92%   
Qorvo financial statements provide useful quarterly and yearly information to potential Qorvo Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Qorvo financial statements helps investors assess Qorvo's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Qorvo's valuation are summarized below:
Gross Profit
1.3 B
Profit Margin
(0.06)
Market Capitalization
10.7 B
Enterprise Value Revenue
3.3832
Revenue
3.5 B
We have found one hundred available trending fundamental ratios for Qorvo Inc, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Qorvo's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Qorvo Total Revenue

4.31 Billion

Check Qorvo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qorvo main balance sheet or income statement drivers, such as Interest Expense of 82.7 M, Selling General Administrative of 280.2 M or Total Revenue of 4.3 B, as well as many exotic indicators such as Price To Sales Ratio of 5.26, Dividend Yield of 0.11 or PTB Ratio of 1.77. Qorvo financial statements analysis is a perfect complement when working with Qorvo Valuation or Volatility modules.
  
This module can also supplement Qorvo's financial leverage analysis and stock options assessment as well as various Qorvo Technical models . Check out the analysis of Qorvo Correlation against competitors.

Qorvo Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.1 B7.7 B5.3 B
Slightly volatile
Other Current Liabilities416.7 M396.8 M183.7 M
Slightly volatile
Total Current Liabilities671.1 M639.1 M422.5 M
Slightly volatile
Total Stockholder Equity2.4 B4.5 B3.4 B
Slightly volatile
Accounts Payable137.5 M242.3 M187.8 M
Slightly volatile
Cash976.6 M930.1 M609.8 M
Slightly volatile
Other Assets233.5 M222.4 M106.5 M
Slightly volatile
Inventory961.9 M916.1 M473.3 M
Slightly volatile
Other Current Assets144.8 M137.9 M94.7 M
Slightly volatile
Total Liabilities3.4 B3.2 B1.7 B
Slightly volatile
Intangible Assets555.3 M618.4 M734.8 M
Very volatile
Common Stock2.5 B4.4 B3.6 B
Slightly volatile
Property Plant Equipment688.2 M1.3 B916.5 M
Slightly volatile
Other Liabilities223.7 M213.1 M130.8 M
Slightly volatile
Good Will3.3 B3.2 B1.9 B
Slightly volatile
Property Plant And Equipment Net1.1 B1.3 B948.1 M
Slightly volatile
Non Current Assets Total4.4 B5.4 B3.7 B
Slightly volatile
Cash And Short Term Investments765.8 M930.1 M647.5 M
Slightly volatile
Net Receivables379.2 M350.2 M320.6 M
Slightly volatile
Common Stock Shares Outstanding120.8 M118.5 M105.8 M
Slightly volatile
Non Current Liabilities Total1.3 B2.6 B1.2 B
Slightly volatile
Total Current Assets1.8 B2.3 B1.5 B
Slightly volatile
Short and Long Term Debt Total1.4 B2.4 B1.1 B
Slightly volatile
Net Tangible Assets967 M543.9 MB
Pretty Stable
Common Stock Total Equity3.6 B3.4 B3.7 B
Slightly volatile
Liabilities And Stockholders Equity6.7 B7.7 B5.2 B
Slightly volatile
Deferred Long Term Liabilities284.7 K299.7 K44.2 M
Pretty Stable
Long Term Investments37.4 M23.5 M27.5 M
Slightly volatile
Property Plant And Equipment Gross3.7 B3.5 B1.5 B
Slightly volatile
Short and Long Term Debt4.4 M4.6 M289.1 M
Pretty Stable
Short Term Debt16.6 M17.4 M230.3 M
Slightly volatile
Non Current Liabilities Other148.2 M213.1 M127.3 M
Slightly volatile
Long Term Debt Total1.6 B2.4 B1.3 B
Slightly volatile
Net Invested CapitalB1.8 B4.5 B
Slightly volatile
Net Working Capital1.6 B1.7 B1.5 B
Slightly volatile
Capital Stock3.4 B3.4 B4.4 B
Slightly volatile

Qorvo Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative280.2 M412.6 M291.3 M
Slightly volatile
Total Revenue4.3 B4.1 B2.7 B
Slightly volatile
Gross Profit769.7 M1.5 BB
Slightly volatile
Research Development784.7 M747.3 M432.9 M
Slightly volatile
Cost Of Revenue2.7 B2.6 B1.6 B
Slightly volatile
Depreciation And Amortization10.8 M11.4 M305.6 M
Very volatile
Selling And Marketing Expenses507.7 M483.5 M320 M
Slightly volatile
Other Operating Expenses2.8 B3.9 B2.4 B
Slightly volatile
EBITDA426.9 M222.1 M335.3 M
Slightly volatile
Total Operating Expenses945.6 M1.3 B821.7 M
Slightly volatile
Interest IncomeM6.2 M13.2 M
Slightly volatile
Reconciled Depreciation400.3 M305 M580.5 M
Slightly volatile

Qorvo Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures153.1 M182.8 M191 M
Pretty Stable
Total Cash From Operating ActivitiesB969.7 M660.5 M
Slightly volatile
End Period Cash Flow661.3 M930.3 M596.1 M
Slightly volatile
Stock Based Compensation84.8 M121.4 M74.4 M
Slightly volatile
Free Cash Flow539.9 M786.9 M450.6 M
Slightly volatile
Begin Period Cash Flow640.5 M1.1 B562.4 M
Slightly volatile
Depreciation474.6 M389.7 M383.7 M
Slightly volatile
Issuance Of Capital Stock32.8 M29.3 M39.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.262.99293.0478
Slightly volatile
Dividend Yield0.110.08030.1054
Slightly volatile
PTB Ratio1.771.86352.1325
Slightly volatile
Days Sales Outstanding51.7642.46638.8427
Pretty Stable
Book Value Per Share25.7437.804737.58
Slightly volatile
Free Cash Flow Yield0.03560.06550.0452
Slightly volatile
Invested Capital0.220.20590.3346
Slightly volatile
Operating Cash Flow Per Share4.726.74886.9313
Slightly volatile
Stock Based Compensation To Revenue0.03180.02290.0292
Pretty Stable
PB Ratio1.771.86352.1325
Slightly volatile
EV To Sales5.363.01213.2629
Slightly volatile
Free Cash Flow Per Share3.344.61274.0352
Slightly volatile
Inventory Turnover4.253.86753.7389
Slightly volatile
Days Of Inventory On Hand78.6294.3772101
Slightly volatile
Payables Turnover6.248.56779.3952
Pretty Stable
Sales General And Administrative To Revenue0.06240.07690.0579
Slightly volatile
Research And Ddevelopement To Revenue0.180.14970.1673
Slightly volatile
Cash Per Share4.617.33085.9784
Slightly volatile
POCF Ratio9.9210.438911.4903
Very volatile
PFCF Ratio14.5115.273126.1076
Slightly volatile
Days Payables Outstanding53.5342.60239.3621
Very volatile
EV To Operating Cash Flow9.9810.506112.3532
Pretty Stable
EV To Free Cash Flow14.615.371327.7685
Slightly volatile
Intangibles To Total Assets0.370.47550.5093
Slightly volatile
Net Debt To EBITDA0.920.74655.0809
Slightly volatile
Current Ratio2.874.17833.5593
Pretty Stable
Tangible Book Value Per Share7.2213.78498.6445
Slightly volatile
Receivables Turnover6.488.59519.6472
Slightly volatile
Graham Number26.2416.470719.6103
Slightly volatile
Shareholders Equity Per Share25.7437.804737.58
Slightly volatile
Debt To Equity0.220.20590.3346
Slightly volatile
Revenue Per Share18.6523.539327.9726
Slightly volatile
Interest Debt Per Share7.488.255413.2756
Slightly volatile
Debt To Assets0.150.15410.2146
Slightly volatile
Enterprise Value Over EBITDA79.9611786.5392
Slightly volatile
Short Term Coverage Ratios1.421.499537.9484
Slightly volatile
Operating Cycle116137139
Slightly volatile
Price Book Value Ratio1.771.86352.1325
Slightly volatile
Days Of Payables Outstanding53.5342.60239.3621
Very volatile
Price To Operating Cash Flows Ratio9.9210.438911.4903
Very volatile
Price To Free Cash Flows Ratio14.5115.273126.1076
Slightly volatile
Pretax Profit Margin0.00550.00580.0189
Slightly volatile
Effective Tax Rate3.523.34981.2766
Very volatile
Company Equity Multiplier1.141.33631.4725
Slightly volatile
Long Term Debt To Capitalization0.180.17070.2395
Slightly volatile
Total Debt To Capitalization0.170.17070.2397
Slightly volatile
Debt Equity Ratio0.220.20590.3346
Slightly volatile
Quick Ratio1.862.88252.1248
Very volatile
Cash Ratio1.072.09851.4011
Slightly volatile
Cash Conversion Cycle77.3394.2413101
Slightly volatile
Operating Cash Flow Sales Ratio0.180.28670.2451
Slightly volatile
Days Of Inventory Outstanding78.6294.3772101
Slightly volatile
Days Of Sales Outstanding51.7642.46638.8427
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.490.68350.5375
Slightly volatile
Cash Flow Coverage Ratios0.870.8670.6454
Slightly volatile
Price To Book Ratio1.771.86352.1325
Slightly volatile
Fixed Asset Turnover3.442.1642.6321
Slightly volatile
Price Cash Flow Ratio9.9210.438911.4903
Very volatile
Enterprise Value Multiple79.9611786.5392
Slightly volatile
Debt Ratio0.150.15410.2146
Slightly volatile
Cash Flow To Debt Ratio0.870.8670.6454
Slightly volatile
Price Sales Ratio5.262.99293.0478
Slightly volatile
Asset Turnover0.660.4660.5054
Slightly volatile
Gross Profit Margin0.320.38570.3671
Slightly volatile
Price Fair Value1.771.86352.1325
Slightly volatile

Qorvo Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.4 B9.4 B10.2 B
Slightly volatile
Enterprise Value8.3 B9.3 B10.2 B
Slightly volatile

Qorvo Fundamental Market Drivers

Forward Price Earnings15.1286
Cash And Short Term Investments808.8 M

Qorvo Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

About Qorvo Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Qorvo income statement, its balance sheet, and the statement of cash flows. Qorvo investors use historical funamental indicators, such as Qorvo's revenue or net income, to determine how well the company is positioned to perform in the future. Although Qorvo investors may use each financial statement separately, they are all related. The changes in Qorvo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Qorvo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Qorvo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Qorvo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-17.4 M-16.6 M
Total Revenue4.1 B4.3 B
Cost Of Revenue2.6 B2.7 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.08  0.06 
Research And Ddevelopement To Revenue 0.15  0.18 
Capex To Revenue(0.09)(0.1)
Revenue Per Share 23.54  18.65 
Ebit Per Revenue(0.21)(0.20)

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When determining whether Qorvo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qorvo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qorvo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qorvo Inc Stock:
Check out the analysis of Qorvo Correlation against competitors.
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When running Qorvo's price analysis, check to measure Qorvo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qorvo is operating at the current time. Most of Qorvo's value examination focuses on studying past and present price action to predict the probability of Qorvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qorvo's price. Additionally, you may evaluate how the addition of Qorvo to your portfolios can decrease your overall portfolio volatility.
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Is Qorvo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qorvo. If investors know Qorvo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qorvo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
(2.08)
Revenue Per Share
35.191
Quarterly Revenue Growth
0.445
Return On Assets
0.0159
The market value of Qorvo Inc is measured differently than its book value, which is the value of Qorvo that is recorded on the company's balance sheet. Investors also form their own opinion of Qorvo's value that differs from its market value or its book value, called intrinsic value, which is Qorvo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qorvo's market value can be influenced by many factors that don't directly affect Qorvo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qorvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qorvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qorvo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.