CRUSNasdaqSemiconductors & Related DevicesFiscal year ends March 27
CIRRUS LOGIC, INC.
Financials through Q1 FY2027, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 5, 2026
$108.60+0.73 (+0.68%)
Close on Oct 19, 2026
- Market cap
- $5.69B
- P/E (TTM)
- 13.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
52.8%+1.1 pts over 5 years
Operating margin
23.0%+5.7 pts over 5 years
Net margin
20.7%+4.9 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 | +5.3% | +1.7% | +7.8% | +5.5% | |
| Gross profit | +5.8% | +3.3% | +8.3% | +6.6% | |
| Operating income | +12.2% | +22.7% | +14.2% | +9.8% | |
| Net income | +25.0% | +32.9% | +13.8% | +12.9% | |
| EPS, diluted | +30.8% | +36.4% | +16.7% | +15.4% | |
| Free cash flow | +51.0% | +27.9% | +14.0% | +19.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 26.0% | 16.6% | 20.3% | |
| Return on assets | 20.1% | 12.7% | 17.2% | |
| Current ratio | 5.39 | 3.94 | 7.37 | |
| Interest coverage | 88.1× | 224.4× | 512.7× | |
| Inventory turnover | 5.0× | 4.1× | 3.5× | |
| Capex to revenue | 2.7% | 1.3% | 0.7% | |
| Diluted shares | 67M | 60M | 53M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Cirrus Logic generated $1.98B from operations and spent $1.22B on capital expenditure, dividends and share buybacks. 11% of that went back into the business.
Generated
$1.98B
Used
$1.22B
Capital expenditure$135.64M11%Dividends$00%Share buybacks$1.09B89%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin20.7%
×Asset turnover0.83×
×Equity multiplier1.18×
=Return on equity, FY202620.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 20.7% | 0.83× | 1.18× | 20.3% |
| FY2025 | 17.5% | 0.83× | 1.21× | 17.6% |
| FY2024 | 15.3% | 0.83× | 1.24× | 15.8% |
| FY2023 | 9.3% | 0.91× | 1.29× | 10.8% |
| FY2022 | 18.3% | 0.90× | 1.32× | 21.8% |
| FY2021 | 15.9% | 0.80× | 1.31× | 16.6% |
| FY2020 | 12.4% | 0.87× | 1.24× | 13.5% |
| FY2019 | 7.6% | 0.85× | 1.21× | 7.8% |
| FY2018 | 10.6% | 1.08× | 1.23× | 14.0% |
| FY2017 | 17.0% | 1.19× | 1.29× | 26.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$414.41M
- Cash generatingOperating cash flow above zero$650.60M
- Return on assets improvedROA up on the prior year14.9% → 17.8%
- Earnings backed by cashOperating cash flow above net income$650.60M vs $414.41M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose6.35 → 7.37
- No dilutionShare count did not rise55M → 53M
- Gross margin improvedGross margin up on the prior year52.53% → 52.78%
- More efficientAsset turnover rose0.85 → 0.86