SIMONasdaqSemiconductors & Related DevicesFiscal year ends December 31
Silicon Motion Technology CORP
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026
$217.24+5.94 (+2.81%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 238.7
- Dividend yield
- 0.23%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
48.3%+0.1 pts over 5 years
Operating margin
10.5%−4.4 pts over 5 years
Net margin
13.8%−0.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.2% | -2.2% | +10.4% | +9.4% | |
| Gross profit | +15.9% | -2.8% | +10.4% | +8.8% | |
| Operating income | +2.4% | -24.2% | +2.9% | +2.0% | |
| Net income | +37.4% | -10.8% | +9.0% | +7.4% | |
| EPS, diluted | +37.9% | -11.0% | +9.8% | +7.8% | |
| Free cash flow | -80.8% | -50.2% | -42.2% | -17.3% | |
| Dividend per share | 0.0% | – | +7.4% | +6.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 28.2% | 14.6% | 15.3% | |
| Return on assets | 21.1% | 11.1% | 10.9% | |
| Current ratio | 3.27 | 3.89 | 2.78 | |
| Debt to equity | 0.00 | – | – | |
| Net debt to EBITDA | -2.18× | – | – | |
| Interest coverage | 1080.8× | 7315.8× | – | |
| Capex to revenue | 2.2% | 3.6% | 6.2% | |
| Diluted shares | 142M | 140M | 135M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Silicon Motion Technology generated $546.13M from operations and spent $665.62M on capital expenditure, dividends and share buybacks. 31% of that went back into the business.
Generated
$546.13M
Used
$665.62M
Capital expenditure$207.33M31%Dividends$255.13M38%Share buybacks$203.16M31%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin13.8%
×Asset turnover0.79×
×Equity multiplier1.41×
=Return on equity, FY202515.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 13.8% | 0.79× | 1.41× | 15.3% |
| FY2024 | 11.1% | 0.79× | 1.35× | 11.8% |
| FY2023 | 8.3% | 0.65× | 1.34× | 7.2% |
| FY2022 | 18.2% | 0.98× | 1.39× | 24.8% |
| FY2021 | 21.7% | 1.08× | 1.41× | 32.9% |
| FY2020 | 14.8% | 0.75× | 1.32× | 14.6% |
| FY2019 | 14.1% | 0.67× | 1.28× | 12.0% |
| FY2018 | 18.5% | 0.78× | 1.33× | 19.1% |
| FY2017 | 14.3% | 0.81× | 1.39× | 16.0% |
| FY2016 | 19.9% | 1.06× | 1.34× | 28.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$122.64M
- Cash generatingOperating cash flow above zero$61.36M
- Return on assets improvedROA up on the prior year8.9% → 11.9%
- Earnings backed by cashOperating cash flow above net income$61.36M vs $122.64M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.98 → 2.78
- No dilutionShare count did not rise135M → 135M
- Gross margin improvedGross margin up on the prior year45.89% → 48.27%
- More efficientAsset turnover rose0.80 → 0.86