Skyworks Solutions, Inc. (SWKS) is a publicly traded company in the Technology — Semiconductors industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Skyworks Solutions, Inc., together with its subsidiaries, develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.
Is Skyworks Solutions, Inc. stock overvalued or undervalued in 2026?
On the earnings the consensus expects for 2027 ($5.02 per share), Skyworks Solutions, Inc. (SWKS) trades at 17.8× earnings (P/E), below the median of the 314 technology companies over $2bn in Kaplio's universe. The P/E on the last twelve months (46.3×) is based on earnings per share of $1.93, far from what is expected; that is why this range uses expected earnings. At the decade median (18.0×) $90 (+1 %); at its sector median (32.0×) $161 (+80 %).
Kaplio overview: Skyworks Solutions, Inc.
Market cap $13B · 52 weeks $52 – $91 (2 % below the high) · P/E 46.3× · 2027 expected P/E 17.8× · Dividend 3.3 % · 11 years rising · Next earnings November 3, 2026 · expected EPS $1.27 · Closing price, Oct 29 · accounts published Jul 28.
- Valuation: P/E 46.3× (fairly priced).
- Business: ROIC 4 % (weak).
- Balance sheet: Net debt/EBITDA 0.0× (solid).
- Earnings: 8 of 8 (uneven).
What would it be worth at its usual multiples?
On those earnings: at the decade median (18.0×) $90 (+1 %); at its sector median (32.0×) $161 (+80 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Note: earnings per share over the last twelve months ($1.93) are far from the consensus for 2027 ($5.02); that is why this range uses expected earnings.
What matters in technology: 3 of 7 pass
- 3y revenue growth −7.8 %, fails.
- ROIC 4.3 %, fails.
- EV/EBITDA vs own 5y 16.4×, fails.
- Gross margin 41.2 %, borderline.
- FCF / Revenue 27.1 %, passes.
- SBC / Revenue 5.7 %, passes.
- Net debt / EBITDA 0.0×, passes.
Against its peers (reference peers) — Skyworks Solutions, Inc.: P/E 46.3×; EV/EBITDA 16.4×; ROIC 4.3 %; $13.5B. Semtech Corporation (P/E 87.6×; EV/EBITDA 102×; ROIC 11.0 %; $12.3B), Qorvo, Inc. (P/E 26.5×; EV/EBITDA 13.2×; ROIC 7.8 %; $10.1B), MACOM Technology Solutions Holdings, Inc. (P/E 76.0×; EV/EBITDA 54.8×; ROIC 8.9 %; $18.0B).
Expensive or cheap against its last ten years?
P/E at each close: today 46.3× · median 18.0× · minimum 8.9× · maximum 46.3× · cheap below 15.9× · expensive above 28.8×. Earnings over the last 12 months are distorted: today's P/E compared with its history is not representative.
Dividend
tight · Yield 3.3 % ($2.80 per share in 2025) · Years raising it ≥ 11 · 5-year growth +9 % a year · Free cash flow coverage 3.4× · With $1,000 invested today you'd collect $32.60 a year ($2.72 a month).
Kaplio's reading: Skyworks Solutions, Inc.
Updated on October 3, 2026 · accounts published on July 28, 2026
Reading of October 3, 2026: A cash-generative chipmaker with shrinking margins and a sturdy balance sheet
Skyworks Solutions trades at a P/E of 44.1, 145 % above its ten-year median of 18.0, with earnings shrinking over the last 12 months.
- Is Skyworks Solutions expensive or cheap? Its P/E of 44.1 is 145 % above its ten-year median and higher than 99 % of the last decade.
- How is the business doing? Operating margin fell to 7.9 % over the last 12 months, against a 27 % average for fiscal 2014-2025.
- Is it growing with real cash or by diluting shareholders? Free cash flow was 27 % of revenue in fiscal 2025, above the 20 % healthy mark, but ROIC trails the 15 % bar.
- How strong is the balance sheet? Debt is just 0.12 times equity, and the dividend yields 3.3 % after 11 straight years of increases through fiscal 2025.
- What to expect from the next earnings? Analysts expect EPS of $1.27 when Skyworks Solutions reports on October 27, 2026, after 8 straight beats.
Is Skyworks Solutions expensive or cheap?
Skyworks Solutions trades at a P/E of 44.1 over the last 12 months, against a ten-year median of 18.0 and a decade range of 8.9 to 46.3. It has traded cheaper than today in 99 % of the last decade. The sector comparison is milder: the median P/E among its peers is 35.3, a 25 % premium. EV/EBITDA of 16.0× also exceeds its five-year average of 11.2×. The friendlier figure is cash: a 6.2 % free cash flow yield, almost three times the 2.2 % earnings yield, shows that profits understate what the business generates.
How is the business doing?
The business is shrinking and less profitable than it used to be. Revenue fell 2.2 % and EPS 16.5 % over the last 12 months. Operating margin of 7.9 % compares with an average of 27 % across fiscal 2014-2025, and fiscal 2025's 12.2 % was already the lowest of those 12 years. Returns tell the same story: ROIC of 4.3 % over the last 12 months is 3.7 points below the sector median of 8.0 %, after staying above 10 % in 8 of the last 10 fiscal years. A 5.0 % ROE confirms that capital is earning far less than in the past decade.
Is it growing with real cash or by diluting shareholders?
In technology, generic ratios miss what matters: whether sales grow, whether the company holds pricing power, and how much stock-based pay dilutes owners. Skyworks Solutions splits the test. Cash is real: free cash flow equalled 27 % of revenue in fiscal 2025, above the 20 % healthy threshold, and stock compensation took 5.7 % of revenue, under the 10 % limit. Growth is missing, with revenue per share falling 7.8 % a year over fiscal 2022-2025 against a healthy 15 %. Gross margin of 41.2 % in fiscal 2025 sits just under the 45 % mark for semiconductors, a borderline reading on pricing power.
How strong is the balance sheet?
The balance sheet is the strongest part of the picture. Debt-to-equity of 0.12 and a current ratio of 3.10 over the last 12 months leave ample room, and an Altman Z-score of 5.3 sits in the safe zone. In fiscal 2025, cash of $8.90 per share exceeded debt of $7.97, leaving net cash of $0.93, about 1 % of the share price. The dividend yields 3.3 % over the last 12 months and has risen for 11 consecutive fiscal years, but the fiscal 2025 payout reached 91 % of earnings, leaving little margin if profits keep falling.
What to expect from the next earnings?
Skyworks Solutions reports on October 27, 2026, and analysts expect EPS of $1.27 for the quarter, up from $1.08 in the results of July 28, 2026, which beat the $1.03 estimate by 4.9 %. The company has beaten EPS estimates in 8 of the last 8 quarters. Expectations are stable: the 2026 EPS consensus has held at $5.04 over the last 18 days, among 13 analysts. Of the 60 analysts covering the stock, 35 recommend buying, 23 holding and 2 selling, a broadly positive but not unanimous view.
How this was prepared: the data comes from companies' official filings, collected by a professional provider, and from Kaplio's analysis engine (trailing-12-month ratios, 10 years of history and sector medians computed across US-listed companies). The text is written from that data alone, every figure is checked against it before publication, and it is reviewed when the company reports results. This is not investment advice.
Investor methods verdict
Would Buffett approve Skyworks Solutions today?
The Buffett Method approves Skyworks Solutions today: it yields 8.1% before tax; it asks for 10%. Business quality: 77 out of 100 (price not included). Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Would Peter Lynch approve Skyworks Solutions today?
The Lynch Method approves Skyworks Solutions today. Business quality: 86 out of 100 (price not included). Lynch classifies it as a cyclical. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 5.04% |
| Return on Invested Capital | 4.28% |
| Return on Assets | 3.91% |
| Gross Margin | 40.73% |
| Operating Margin | 7.89% |
| Net Margin | 7.23% |
Financial Health
| Debt / Equity | 0.12 |
| Current Ratio | 3.10 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 5.30 |
Price Performance
| 1 month | +4.62% |
| 3 months | +43.59% |
| Year-to-date | +41.03% |
| 1 year | +12.97% |
| 3 years | +3.10% |
| 5 years | -46.49% |
| 10 years | +17.97% |
Dividend History
Paid in the last 12 months: $2.1300 per share in 3 payments.
| Date | Amount |
|---|---|
| 2026-05-26 | $0.7100 |
| 2026-02-24 | $0.7100 |
| 2025-11-18 | $0.7100 |
| 2025-08-26 | $0.7100 |
| 2025-05-27 | $0.7000 |
| 2025-02-24 | $0.7000 |
| 2024-12-03 | $0.7000 |
| 2024-08-20 | $0.7000 |
| 2024-05-20 | $0.6800 |
| 2024-02-16 | $0.6800 |
Amounts adjusted for stock splits.
Related companies: TXN · ADI · MPWR · ON · MTSI · SMTC · SLAB
Explore sector: Technology · Semiconductors
More sections of SWKS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks