ALGMNasdaqSemiconductors & Related DevicesFiscal year ends March 31
ALLEGRO MICROSYSTEMS, INC.
Financials through Q1 FY2027, quarter ended Jun 26, 2026Last filing: 10-Q on Jul 31, 2026
$33.17+1.55 (+4.90%)
Close on Oct 19, 2026
- Market cap
- $6.23B
- P/E (TTM)
- 552.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2026
Gross margin
46.3%−0.9 pts over 5 years
Operating margin
2.1%+0.0 pts over 5 years
Net margin
-1.7%−4.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.8% | -2.9% | +8.5% | – | |
| Gross profit | +28.1% | -9.0% | +8.1% | – | |
| Operating income | – | -55.0% | +8.7% | – | |
| Free cash flow | +468.8% | +3.3% | +9.3% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 2.9% | -1.6% | |
| Return on assets | – | 2.3% | -1.1% | |
| Current ratio | – | 3.69 | 3.45 | |
| Debt to equity | – | 0.04 | 0.30 | |
| Net debt to EBITDA | – | -2.85× | 1.38× | |
| Interest coverage | – | 3.2× | 0.8× | |
| Inventory turnover | – | 2.9× | 2.6× | |
| Capex to revenue | – | 6.9% | 4.3% | |
| Diluted shares | 10M | 176M | 185M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Allegro Microsystems generated $756.03M from operations and spent $1.21B on capital expenditure, dividends and share buybacks. 29% of that went back into the business.
Generated
$756.03M
Used
$1.21B
Capital expenditure$352.62M29%Dividends$00%Share buybacks$853.92M71%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.7%
×Asset turnover0.63×
×Equity multiplier1.51×
=Return on equity, FY2026-1.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -1.7% | 0.63× | 1.51× | -1.6% |
| FY2025 | -10.1% | 0.49× | 1.43× | -7.1% |
| FY2024 | 14.6% | 0.77× | 1.29× | 14.6% |
| FY2023 | 19.2% | 0.94× | 1.22× | 22.0% |
| FY2022 | 15.5% | 0.94× | 1.24× | 18.1% |
| FY2021 | 3.0% | 0.76× | 1.28× | 2.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
7of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$14.90M
- Cash generatingOperating cash flow above zero$163.07M
- Return on assets improvedROA up on the prior year-4.8% → -1.0%
- Earnings backed by cashOperating cash flow above net income$163.07M vs -$14.90M
- Less leverageLong-term debt to assets fell24.3% → 20.2%
- Better liquidityCurrent ratio rose4.30 → 3.45
- No dilutionShare count did not rise188M → 185M
- Gross margin improvedGross margin up on the prior year44.35% → 46.28%
- More efficientAsset turnover rose0.47 → 0.63