Financial Snapshot

Revenue
$814.8M
TTM
Gross Margin
45.34%
TTM
Net Earnings
$88.77M
TTM
Current Assets
$820.6M
Q3 2024
Current Liabilities
$176.5M
Q3 2024
Current Ratio
464.98%
Q3 2024
Total Assets
$1.049B
Q3 2024
Total Liabilities
$239.1M
Q3 2024
Book Value
$809.6M
Q3 2024
Cash
$313.9M
Q3 2024
P/E
21.16
Nov 29, 2024 EST
Free Cash Flow
$81.02M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $639.1M $945.9M $922.1M $539.5M $457.3M $530.3M $523.4M $556.1M $361.3M $289.3M $225.3M $281.4M $223.8M $132.8M $87.60M $175.3M $178.0M $106.5M $83.60M $65.00M $26.70M $13.30M
YoY Change -32.43% 2.58% 70.92% 17.98% -13.77% 1.32% -5.88% 53.92% 24.89% 28.41% -19.94% 25.74% 68.52% 51.6% -50.03% -1.52% 67.14% 27.39% 28.62% 143.45% 100.75%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $639.1M $945.9M $922.1M $539.5M $457.3M $530.3M $523.4M $556.1M $361.3M $289.3M $225.3M $281.4M $223.8M $132.8M $87.60M $175.3M $178.0M $106.5M $83.60M $65.00M $26.70M $13.30M
Cost Of Revenue $368.8M $480.1M $461.3M $279.4M $235.1M $269.5M $272.2M $281.5M $176.8M $139.6M $118.7M $149.7M $115.8M $70.60M $51.60M $92.40M $83.90M $49.60M $41.80M $38.20M $12.40M $10.60M
Gross Profit $270.4M $465.8M $460.8M $260.2M $222.2M $260.8M $251.2M $274.6M $184.5M $149.7M $106.6M $131.7M $108.0M $62.20M $36.10M $82.90M $94.10M $56.90M $41.80M $26.80M $14.30M $2.600M
Gross Profit Margin 42.31% 49.25% 49.97% 48.23% 48.59% 49.18% 47.99% 49.38% 51.07% 51.75% 47.31% 46.8% 48.26% 46.84% 41.21% 47.29% 52.87% 53.43% 50.0% 41.23% 53.56% 19.55%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $54.84M $62.98M $50.64M $40.40M $43.00M $46.90M $42.80M $42.80M $35.90M $29.70M $24.80M $28.10M $25.90M $21.60M $26.10M $33.10M $20.70M $12.90M $8.900M $7.300M $5.700M $2.600M
YoY Change -12.93% 24.39% 25.33% -6.05% -8.32% 9.58% 0.0% 19.22% 20.88% 19.76% -11.74% 8.49% 19.91% -17.24% -21.15% 59.9% 60.47% 44.94% 21.92% 28.07% 119.23%
% of Gross Profit 20.28% 13.52% 10.99% 15.53% 19.35% 17.98% 17.04% 15.59% 19.46% 19.84% 23.26% 21.34% 23.98% 34.73% 72.3% 39.93% 22.0% 22.67% 21.29% 27.24% 39.86% 100.0%
Research & Development $174.4M $188.5M $164.3M $121.8M $110.3M $102.0M $102.1M $92.40M $71.20M $60.90M $46.50M $51.00M $40.50M $33.80M $34.00M $34.30M $25.10M $15.50M $11.60M $7.200M $5.900M $3.100M
YoY Change -7.52% 14.75% 34.89% 10.43% 8.14% -0.1% 10.5% 29.78% 16.91% 30.97% -8.82% 25.93% 19.82% -0.59% -0.87% 36.65% 61.94% 33.62% 61.11% 22.03% 90.32%
% of Gross Profit 64.48% 40.47% 35.65% 46.81% 49.64% 39.11% 40.64% 33.65% 38.59% 40.68% 43.62% 38.72% 37.5% 54.34% 94.18% 41.38% 26.67% 27.24% 27.75% 26.87% 41.26% 119.23%
Depreciation & Amortization $21.81M $18.93M $17.16M $13.60M $13.20M $14.80M $13.10M $11.60M $9.000M $6.900M $6.400M $5.900M $6.300M $6.900M $10.70M $11.00M $7.800M $1.100M $800.0K $1.200M $1.500M $800.0K
YoY Change 15.21% 10.32% 26.18% 3.03% -10.81% 12.98% 12.93% 28.89% 30.43% 7.81% 8.47% -6.35% -8.7% -35.51% -2.73% 41.03% 609.09% 37.5% -33.33% -20.0% 87.5%
% of Gross Profit 8.07% 4.06% 3.72% 5.23% 5.94% 5.67% 5.21% 4.22% 4.88% 4.61% 6.0% 4.48% 5.83% 11.09% 29.64% 13.27% 8.29% 1.93% 1.91% 4.48% 10.49% 30.77%
Operating Expenses $229.2M $251.5M $214.9M $162.1M $154.0M $151.9M $147.4M $137.4M $108.1M $90.70M $71.30M $79.00M $67.10M $57.40M $65.90M $73.60M $50.80M $28.40M $20.70M $15.00M $12.30M $6.100M
YoY Change -8.87% 17.02% 32.59% 5.26% 1.38% 3.05% 7.28% 27.1% 19.18% 27.21% -9.75% 17.73% 16.9% -12.9% -10.46% 44.88% 78.87% 37.2% 38.0% 21.95% 101.64%
Operating Profit $41.19M $214.3M $245.9M $98.10M $68.20M $108.9M $103.8M $137.2M $76.40M $59.00M $35.30M $52.70M $40.90M $4.800M -$29.80M $9.300M $43.30M $28.50M $21.10M $11.80M $2.000M -$3.500M
YoY Change -80.78% -12.83% 150.63% 43.84% -37.37% 4.91% -24.34% 79.58% 29.49% 67.14% -33.02% 28.85% 752.08% -116.11% -420.43% -78.52% 51.93% 35.07% 78.81% 490.0% -157.14%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense $21.16M -$1.348M $1.472M $5.400M $7.400M $5.000M $3.800M $1.300M $2.100M $1.500M $1.800M $1.700M $6.200M -$11.50M -$2.100M $4.900M $1.700M $2.400M $1.300M $700.0K $300.0K $200.0K
YoY Change -1669.88% -191.58% -72.74% -27.03% 48.0% 31.58% 192.31% -38.1% 40.0% -16.67% 5.88% -72.58% -153.91% 447.62% -142.86% 188.24% -29.17% 84.62% 85.71% 133.33% 50.0%
% of Operating Profit 51.38% -0.63% 0.6% 5.5% 10.85% 4.59% 3.66% 0.95% 2.75% 2.54% 5.1% 3.23% 15.16% -239.58% 52.69% 3.93% 8.42% 6.16% 5.93% 15.0%
Other Income/Expense, Net $8.000K $1.000K -$77.00K $0.00 $100.0K $100.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$11.80M -$100.0K $0.00 $0.00 $0.00 -$200.0K $0.00 $0.00 $100.0K
YoY Change 700.0% -101.3% -100.0% 0.0% -100.0% 11700.0% -100.0% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $61.05M $212.6M $247.3M $85.60M $72.10M $109.9M $99.00M $138.6M $78.50M $60.60M $37.10M $54.30M $47.20M -$17.50M -$69.70M $12.10M $42.40M $29.80M $22.30M $12.00M $500.0K -$12.40M
YoY Change -71.28% -14.03% 188.86% 18.72% -34.39% 11.01% -28.57% 76.56% 29.54% 63.34% -31.68% 15.04% -369.71% -74.89% -676.03% -71.46% 42.28% 33.63% 85.83% 2300.0% -104.03%
Income Tax $8.175M $40.07M $47.26M $5.800M $7.700M $11.80M $24.00M $27.70M $18.20M $16.10M $9.800M $7.100M $5.700M $0.00 $200.0K $2.700M $2.500M $600.0K $1.300M $4.000M -$2.800M $300.0K
% Of Pretax Income 13.39% 18.85% 19.11% 6.78% 10.68% 10.74% 24.24% 19.99% 23.18% 26.57% 26.42% 13.08% 12.08% 22.31% 5.9% 2.01% 5.83% 33.33% -560.0%
Net Earnings $52.87M $172.5M $200.0M $79.70M $64.40M $98.10M $75.00M $110.9M $60.30M $44.50M $27.40M $47.20M $41.50M -$17.50M -$69.90M $9.300M $40.00M $29.20M $21.00M $8.000M $3.200M -$12.70M
YoY Change -69.35% -13.75% 150.94% 23.76% -34.35% 30.8% -32.37% 83.91% 35.51% 62.41% -41.95% 13.73% -337.14% -74.96% -851.61% -76.75% 36.99% 39.05% 162.5% 150.0% -125.2%
Net Earnings / Revenue 8.27% 18.24% 21.69% 14.77% 14.08% 18.5% 14.33% 19.94% 16.69% 15.38% 12.16% 16.77% 18.54% -13.18% -79.79% 5.31% 22.47% 27.42% 25.12% 12.31% 11.99% -95.49%
Basic Earnings Per Share $0.40 $1.30 $1.43 $0.57
Diluted Earnings Per Share $0.39 $1.29 $1.429M $569.7K $456.1K $678.9K $522.3K $780.4K $431.9K $325.3K $203.6K $350.9K $1.285M -$603.4K -$631.4K $74.22K $300.1K $232.7K $181.0K $77.00K $33.02K -$190.1K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $314.3M $232.2M $360.1M $343.0M $325.2M $288.6M $366.4M $277.8M $185.2M $194.9M $162.5M $169.6M $91.70M $55.20M $61.70M $51.90M $103.6M $100.3M $83.60M $27.80M $22.50M
YoY Change 35.37% -35.52% 4.98% 5.47% 12.68% -21.23% 31.89% 50.0% -4.98% 19.94% -4.19% 84.95% 66.12% -10.53% 18.88% -49.9% 3.29% 19.98% 200.72% 23.56%
Cash & Equivalents $314.3M $232.2M $225.0M $288.0M $262.0M $230.1M $299.7M $216.1M $151.7M $155.4M $161.7M $123.6M $59.20M $19.30M $10.80M $33.70M $49.60M $52.30M $47.60M $22.90M $22.40M
Short-Term Investments $0.00 $2.000M $3.600M $6.900M $3.300M $4.700M $700.0K $700.0K $14.90M $3.000M $1.400M $700.0K $3.400M $54.00M $44.80M $35.30M $4.900M
Other Short-Term Assets $67.29M $61.67M $86.35M $49.10M $42.90M $36.60M $29.10M $53.70M $23.90M $22.60M $19.50M $19.90M $18.80M $10.00M $5.300M $6.600M $9.200M $7.300M $5.400M $5.400M $3.900M
YoY Change 9.11% -28.58% 75.87% 14.45% 17.21% 25.77% -45.81% 124.69% 5.75% 15.9% -2.01% 5.85% 88.0% 88.68% -19.7% -28.26% 26.03% 35.19% 0.0% 38.46%
Inventory $217.0M $288.0M $163.1M $110.2M $88.40M $81.50M $94.20M $71.90M $47.10M $44.10M $33.70M $32.10M $30.30M $24.00M $14.30M $19.50M $16.90M $13.10M $8.500M $16.00M $4.600M
Prepaid Expenses
Receivables $194.7M $206.1M $208.6M $115.8M $108.7M $91.80M $79.10M $73.60M $59.00M $28.70M $31.00M $36.00M $37.60M $25.80M $14.60M $28.20M $29.80M $25.80M $17.50M $14.20M $5.100M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $0.00 $800.0K $1.200M $2.000M $1.400M $2.500M $5.600M $5.500M $4.700M $1.200M $0.00
Total Short-Term Assets $793.2M $787.9M $818.1M $618.1M $565.2M $498.5M $568.8M $476.9M $315.2M $290.4M $246.5M $258.4M $179.6M $116.9M $97.20M $108.6M $165.1M $151.9M $119.8M $64.60M $36.00M
YoY Change 0.68% -3.69% 32.36% 9.36% 13.38% -12.36% 19.27% 51.3% 8.54% 17.81% -4.61% 43.88% 53.64% 20.27% -10.5% -34.22% 8.69% 26.79% 85.45% 79.44%
Property, Plant & Equipment $167.4M $139.4M $130.1M $112.2M $107.1M $101.4M $51.40M $47.90M $50.50M $35.50M $30.20M $23.40M $24.70M $25.50M $24.20M $27.80M $16.00M $9.800M $2.600M $2.100M $1.600M
YoY Change 20.07% 7.18% 15.95% 4.76% 5.62% 97.28% 7.31% -5.15% 42.25% 17.55% 29.06% -5.26% -3.14% 5.37% -12.95% 73.75% 63.27% 276.92% 23.81% 31.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.12M $9.267M $8.541M $5.000M $3.000M $4.200M $0.00 $100.0K $100.0K $100.0K $100.0K $200.0K $200.0K $200.0K $500.0K $1.500M $3.700M $5.200M $500.0K $100.0K $200.0K
YoY Change 84.7% 8.5% 70.82% 66.67% -28.57% -100.0% 0.0% 0.0% 0.0% -50.0% 0.0% 0.0% -60.0% -66.67% -59.46% -28.85% 940.0% 400.0% -50.0%
Other Assets $30.18M $24.63M $14.58M $6.800M $5.000M $9.100M $7.200M $7.200M $3.900M $5.300M $4.400M $4.300M $7.400M $8.700M $8.200M $8.600M $8.600M $2.700M $2.000M $1.300M $1.200M
YoY Change 22.56% 68.9% 114.43% 36.0% -45.05% 26.39% 0.0% 84.62% -26.42% 20.45% 2.33% -41.89% -14.94% 6.1% -4.65% 0.0% 218.52% 35.0% 53.85% 8.33%
Total Long-Term Assets $214.7M $173.3M $153.2M $124.0M $132.5M $174.1M $124.9M $129.1M $130.4M $76.50M $70.30M $63.30M $67.70M $75.30M $72.30M $118.7M $116.2M $17.80M $5.000M $3.700M $4.200M
YoY Change 23.88% 13.13% 23.56% -6.42% -23.89% 39.39% -3.25% -1.0% 70.46% 8.82% 11.06% -6.5% -10.09% 4.15% -39.09% 2.15% 552.81% 256.0% 35.14% -11.9%
Total Assets $1.008B $961.3M $971.3M $742.1M $697.7M $672.6M $693.7M $606.0M $445.6M $366.9M $316.8M $321.7M $247.3M $192.2M $169.5M $227.3M $281.3M $169.7M $124.8M $68.30M $40.20M
YoY Change
Accounts Payable $55.59M $36.02M $80.77M $44.50M $30.70M $27.70M $56.40M $31.70M $22.50M $14.20M $14.70M $26.60M $21.00M $11.30M $10.20M $11.60M $13.70M $16.10M $9.700M $17.20M $4.200M
YoY Change 54.31% -55.4% 81.5% 44.95% 10.83% -50.89% 77.92% 40.89% 58.45% -3.4% -44.74% 26.67% 85.84% 10.78% -12.07% -15.33% -14.91% 65.98% -43.6% 309.52%
Accrued Expenses $149.7M $105.7M $90.81M $59.60M $52.90M $42.20M $43.80M $62.80M $47.80M $16.80M $17.80M $18.20M $18.00M $10.10M $8.700M $10.40M $9.700M $6.700M $3.900M $1.100M $1.900M
YoY Change 41.57% 16.44% 52.36% 12.67% 25.36% -3.65% -30.25% 31.38% 184.52% -5.62% -2.2% 1.11% 78.22% 16.09% -16.35% 7.22% 44.78% 71.79% 254.55% -42.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $25.00M $25.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 0.0%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $212.8M $183.9M $281.5M $158.7M $131.5M $113.7M $177.2M $146.0M $88.30M $56.50M $40.70M $56.40M $42.70M $27.70M $24.60M $32.00M $45.00M $29.40M $19.30M $22.40M $7.300M
YoY Change 15.74% -34.69% 77.39% 20.68% 15.66% -35.84% 21.37% 65.35% 56.28% 38.82% -27.84% 32.08% 54.15% 12.6% -23.13% -28.89% 53.06% 52.33% -13.84% 206.85%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $60.46M $44.78M $32.18M $25.60M $29.50M $26.70M $22.40M $17.30M $12.80M $6.400M $5.400M $3.100M $3.100M $2.400M $3.800M $3.300M $2.400M $100.0K $200.0K $200.0K $200.0K
YoY Change 35.0% 39.17% 25.69% -13.22% 10.49% 19.2% 29.48% 35.16% 100.0% 18.52% 74.19% 0.0% 29.17% -36.84% 15.15% 37.5% 2300.0% -50.0% 0.0% 0.0%
Total Long-Term Liabilities $60.46M $44.78M $32.18M $25.60M $29.50M $26.70M $22.40M $17.30M $12.80M $6.400M $5.400M $3.100M $3.100M $2.400M $3.800M $3.300M $2.400M $100.0K $200.0K $200.0K $200.0K
YoY Change 35.0% 39.17% 25.69% -13.22% 10.49% 19.2% 29.48% 35.16% 100.0% 18.52% 74.19% 0.0% 29.17% -36.84% 15.15% 37.5% 2300.0% -50.0% 0.0% 0.0%
Total Liabilities $273.3M $228.6M $313.7M $184.3M $160.9M $140.3M $199.7M $163.3M $101.1M $62.80M $46.10M $59.50M $45.80M $30.10M $28.30M $35.30M $47.40M $29.50M $19.50M $22.60M $7.500M
YoY Change 19.51% -27.11% 70.21% 14.54% 14.68% -29.74% 22.29% 61.52% 60.99% 36.23% -22.52% 29.91% 52.16% 6.36% -19.83% -25.53% 60.68% 51.28% -13.72% 201.33%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 133.4M 133.0M 139.4M 139.4M
Diluted Shares Outstanding 133.9M 133.6M 140.0M 139.9M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.8781 Billion

About Silicon Motion Technology CORP

Silicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. The company employs 1,546 full-time employees The company went IPO on 2005-06-30. The firm is mainly engaged in the design, development and sale of low-power semiconductor solutions for original equipment manufacturers (OEMs) and other customers in the mobile storage market. The firm is mainly engaged in the development of NAND flash controller integrated circuits (ICs) for solid-state storage devices, as well as specialty radio frequency (RF) ICs for mobile devices. In the mobile storage market, the Company's products are controllers used in SSDs, Embedded Multimedia Cards (eMMCs) and other embedded storage products, as well as flash memory cards, universal serial bus (USB) flash drives and other expandable storage products. The firm's products are used in smartphones, tablets, personal computers (PCs) and other devices.

Industry: Semiconductors & Related Devices Peers: