VSHNYSEElectronic Components & AccessoriesFiscal year ends December 31
VISHAY INTERTECHNOLOGY INC
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 5, 2026
$28.54+0.83 (+3.00%)
Close on Oct 19, 2026
- Market cap
- $4.22B
- P/E (TTM)
- 150.2
- Dividend yield
- 1.40%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
19.4%−3.9 pts over 5 years
Operating margin
1.9%−6.5 pts over 5 years
Net margin
-0.3%−5.2 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 | +4.5% | -4.3% | +4.2% | +2.9% | |
| Gross profit | -5.0% | -17.5% | +0.4% | +0.9% | |
| Operating income | +910.6% | -54.8% | -23.0% | -5.3% | |
| Dividend per share | 0.0% | 0.0% | +1.0% | +5.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 3.1% | 8.0% | -0.4% | |
| Return on assets | 1.6% | 3.9% | -0.2% | |
| Current ratio | 4.08 | 3.02 | 2.62 | |
| Debt to equity | 0.23 | 0.25 | 0.46 | |
| Net debt to EBITDA | -0.32× | -0.60× | 1.55× | |
| Interest coverage | 7.7× | 6.6× | 1.5× | |
| Inventory turnover | 4.3× | 4.4× | 3.4× | |
| Capex to revenue | 5.8% | 4.9% | 8.9% | |
| Diluted shares | 151M | 145M | 136M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Vishay Intertechnology generated $1.67B from operations and spent $1.69B on capital expenditure, dividends and share buybacks. 87% of that went back into the business.
Generated
$1.67B
Used
$1.69B
Capital expenditure$1.47B87%Dividends$00%Share buybacks$224.59M13%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.3%
×Asset turnover0.74×
×Equity multiplier2.03×
=Return on equity, FY2025-0.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -0.3% | 0.74× | 2.03× | -0.4% |
| FY2024 | -1.1% | 0.70× | 1.98× | -1.5% |
| FY2023 | 9.5% | 0.84× | 1.91× | 15.3% |
| FY2022 | 12.3% | 0.94× | 1.95× | 22.6% |
| FY2021 | 9.2% | 0.97× | 2.02× | 18.0% |
| FY2020 | 4.9% | 0.80× | 2.05× | 8.0% |
| FY2019 | 6.1% | 0.86× | 2.17× | 11.4% |
| FY2018 | 11.4% | 0.92× | 2.34× | 24.6% |
| FY2017 | -0.8% | 0.79× | 2.18× | -1.4% |
| FY2016 | 2.1% | 0.74× | 1.96× | 3.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$8.98M
- Cash generatingOperating cash flow above zero$184.31M
- Return on assets improvedROA up on the prior year-0.7% → -0.2%
- Earnings backed by cashOperating cash flow above net income$184.31M vs -$8.98M
- Less leverageLong-term debt to assets fell22.0% → 22.5%
- Better liquidityCurrent ratio rose2.70 → 2.62
- No dilutionShare count did not rise137M → 136M
- Gross margin improvedGross margin up on the prior year21.32% → 19.38%
- More efficientAsset turnover rose0.69 → 0.75