Qorvo Inc Financials
Qorvo Inc (QRVO) reported $3.7B in revenue for fiscal year 2026, down 1.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin recovery on nearly flat sales is Qorvo’s dominant mechanic, with cash generation funding reinvestment and shareholder returns.
In FY2026, operating cash flow reached$809M against net income of$339M , so reported profit understated cash produced by operations during the year. Free cash flow was$680M after$129M of capital expenditures, showing that most operating cash survived reinvestment.
Revenue was nearly unchanged at
Cash reached
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Qorvo Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Qorvo Inc has an operating margin of 11.2%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 53/100, indicating healthy but not exceptional operating efficiency. This is up from 2.6% the prior year.
Qorvo Inc's revenue declined 1.1% year-over-year, from $3.7B to $3.7B. This contraction results in a growth score of 28/100.
Qorvo Inc has a moderate D/E ratio of 0.46. This balance of debt and equity financing earns a leverage score of 60/100.
With a current ratio of 3.24, Qorvo Inc holds $3.24 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 80/100.
Qorvo Inc converts 18.5% of revenue into free cash flow ($679.6M). This strong cash generation earns a score of 82/100.
Qorvo Inc's ROE of 10.1% shows moderate profitability relative to equity, earning a score of 46/100. This is up from 1.6% the prior year.
Qorvo Inc scores 3.24, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($8.4B) relative to total liabilities ($2.5B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Qorvo Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Qorvo Inc generates $2.39 in operating cash flow ($808.6M OCF vs $339.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Qorvo Inc earns $5.63 in operating income for every $1 of interest expense ($411.4M vs $73.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Qorvo Inc generated $3.7B in revenue in fiscal year 2026. This represents a decrease of 1.1% from the prior year.
Qorvo Inc's EBITDA was $673.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 71.7% from the prior year.
Qorvo Inc reported $339.0M in net income in fiscal year 2026. This represents an increase of 509.7% from the prior year.
Qorvo Inc earned $3.62 per diluted share (EPS) in fiscal year 2026. This represents an increase of 524.1% from the prior year.
Cash & Balance Sheet
Qorvo Inc generated $679.6M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 40.2% from the prior year.
Qorvo Inc held $1.2B in cash against $1.5B in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Qorvo Inc's gross margin was 45.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 4.6 percentage points from the prior year.
Qorvo Inc's operating margin was 11.2% in fiscal year 2026, reflecting core business profitability. This is up 8.6 percentage points from the prior year.
Qorvo Inc's net profit margin was 9.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 7.7 percentage points from the prior year.
Qorvo Inc's ROE was 10.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 8.5 percentage points from the prior year.
Capital Allocation
Qorvo Inc invested $726.1M in research and development in fiscal year 2026. This represents a decrease of 2.9% from the prior year.
Qorvo Inc spent $532.6M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 49.5% from the prior year.
Qorvo Inc invested $129.1M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 6.2% from the prior year.
QRVO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7B-1.1% | $3.7B-1.3% | $3.8B+5.6% | $3.6B-23.2% | $4.6B+15.7% | $4.0B+24.0% | $3.2B+4.8% | $3.1B+3.9% | $3.0B-1.9% | $3.0B+16.2% | $2.6B+52.6% | $1.7B+49.0% | $1.1B+19.1% | $964.1M |
| Cost of Revenue | $2.0B-8.8% | $2.2B-4.3% | $2.3B+0.4% | $2.3B-3.7% | $2.4B+10.7% | $2.1B+11.2% | $1.9B+1.2% | $1.9B+3.8% | $1.8B-3.7% | $1.9B+21.5% | $1.6B+52.8% | $1.0B+37.4% | $743.3M+12.9% | $658.3M |
| Gross Profit | $1.7B+9.9% | $1.5B+3.2% | $1.5B+14.8% | $1.3B-43.3% | $2.3B+21.4% | $1.9B+42.5% | $1.3B+10.6% | $1.2B+4.2% | $1.1B+1.0% | $1.1B+8.2% | $1.0B+52.3% | $689.3M+70.2% | $404.9M+32.4% | $305.8M |
| R&D Expenses | $726.1M-2.9% | $747.7M+9.6% | $682.2M+5.0% | $649.8M+4.2% | $623.6M+9.3% | $570.4M+17.7% | $484.4M+7.5% | $450.5M+1.2% | $445.1M-5.5% | $470.8M+4.9% | $448.8M+74.3% | $257.5M+30.5% | $197.3M+10.3% | $178.8M |
| SG&A Expenses | $165.2M-3.8% | $171.7M-55.9% | $389.1M+8.5% | $358.8M+2.6% | $349.7M-4.8% | $367.2M+6.9% | $343.6M-27.8% | $476.1M-9.8% | $527.8M-3.3% | $545.6M+2.2% | $534.1M+113.7% | $249.9M+225.7% | $76.7M+19.4% | $64.2M |
| Operating Income | $411.4M+330.7% | $95.5M+4.2% | $91.7M-49.9% | $183.2M-85.1% | $1.2B+35.2% | $906.6M+114.2% | $423.2M+95.5% | $216.5M+208.0% | $70.3M-20.2% | $88.1M+635.8% | $12.0M-90.2% | $122.5M+347.9% | $27.3M+274.4% | -$15.7M |
| Interest Expense | $73.1M-6.6% | $78.3M+13.1% | $69.2M+1.1% | $68.5M+8.1% | $63.3M-15.8% | $75.2M+24.5% | $60.4M+37.4% | $44.0M-26.2% | $59.5M+1.1% | $58.9M+152.5% | $23.3M+1540.8% | $1.4M-76.2% | $6.0M-8.4% | $6.5M |
| Income Tax | $59.3M+476.5% | $10.3M-92.9% | $143.9M+569.9% | $21.5M-85.5% | $147.7M+100.3% | $73.8M+21.4% | $60.8M+247.0% | -$41.3M-172.0% | $57.4M+30.9% | $43.9M+68.8% | $26.0M+134.6% | -$75.1M-768.3% | $11.2M-58.6% | $27.1M |
| Net Income | $339.0M+509.7% | $55.6M+179.1% | -$70.3M-168.1% | $103.2M-90.0% | $1.0B+40.9% | $733.6M+119.4% | $334.3M+151.1% | $133.1M+430.4% | -$40.3M-143.3% | -$16.6M+42.6% | -$28.8M-114.7% | $196.3M+1452.8% | $12.6M+123.9% | -$53.0M |
| EPS (Diluted) | $3.62+524.1% | $0.58+180.6% | -$0.72-172.0% | $1.00-89.2% | $9.26+46.5% | $6.32+125.7% | $2.80+166.7% | $1.05+428.1% | -$0.32-146.2% | -$0.13+35.0% | -$0.20 | $2.11 | $0.18+123.7% | -$0.76 |
QRVO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.8B-1.8% | $5.9B-9.5% | $6.6B-2.1% | $6.7B-10.9% | $7.5B+4.0% | $7.2B+10.1% | $6.6B+13.0% | $5.8B-9.0% | $6.4B-2.2% | $6.5B-1.1% | $6.6B-4.3% | $6.9B+648.9% | $920.3M | N/A |
| Current Assets | $2.3B+6.4% | $2.2B-11.4% | $2.4B+20.5% | $2.0B-17.1% | $2.4B-1.4% | $2.5B+46.9% | $1.7B+0.3% | $1.7B-8.6% | $1.8B+26.1% | $1.5B-3.2% | $1.5B+0.6% | $1.5B+179.1% | $537.4M | N/A |
| Cash & Equivalents | $1.2B+19.4% | $1.0B-0.8% | $1.0B+27.3% | $808.8M-16.8% | $972.6M-30.4% | $1.4B+95.5% | $714.9M+0.5% | $711.0M-23.2% | $926.0M+69.8% | $545.5M+28.1% | $425.9M+42.0% | $299.8M+74.4% | $171.9M+69.1% | $101.7M |
| Inventory | $553.7M-13.6% | $641.0M-9.8% | $710.6M-10.8% | $796.6M+5.4% | $755.7M+48.8% | $507.8M-1.8% | $517.2M+1.1% | $511.8M+8.4% | $472.3M+9.7% | $430.5M+0.7% | $427.6M+23.2% | $346.9M+176.0% | $125.7M | N/A |
| Accounts Receivable | $382.5M-1.1% | $386.7M-6.4% | $413.0M+35.6% | $304.5M-46.5% | $568.9M+24.4% | $457.4M+24.6% | $367.2M-2.9% | $378.2M+9.3% | $346.0M-3.3% | $357.9M+13.1% | $316.4M-10.6% | $353.8M+157.5% | $137.4M | N/A |
| Goodwill | $2.4B-1.5% | $2.4B-5.7% | $2.5B-8.2% | $2.8B-0.5% | $2.8B+5.0% | $2.6B+1.1% | $2.6B+20.3% | $2.2B0.0% | $2.2B0.0% | $2.2B+1.8% | $2.1B-0.2% | $2.1B+1960.2% | $103.9M-0.9% | $104.8M |
| Total Liabilities | $2.5B-2.3% | $2.5B-15.3% | $3.0B+7.5% | $2.8B-5.6% | $3.0B+14.0% | $2.6B+14.3% | $2.3B+56.6% | $1.4B-9.8% | $1.6B-1.2% | $1.6B+1.8% | $1.6B+122.1% | $719.2M+194.8% | $244.0M | N/A |
| Current Liabilities | $712.8M-9.0% | $783.2M-36.3% | $1.2B+121.3% | $555.8M-17.7% | $675.1M-0.9% | $681.6M+26.5% | $539.0M+23.7% | $435.6M-1.3% | $441.3M+5.4% | $418.8M+12.0% | $373.8M+14.9% | $325.3M+47.9% | $220.0M | N/A |
| Long-Term Debt | $1.5B0.0% | $1.5B0.0% | $1.5B-24.4% | $2.0B0.0% | $2.0B+17.5% | $1.7B+11.2% | $1.6B+70.2% | $920.9M-6.3% | $983.3M-0.6% | $989.2M+0.1% | $988.1M | $0 | N/A | N/A |
| Total Equity | $3.3B-1.4% | $3.4B-4.6% | $3.6B-8.9% | $3.9B-14.3% | $4.6B-1.6% | $4.6B+7.8% | $4.3B-1.5% | $4.4B-8.7% | $4.8B-2.5% | $4.9B-2.1% | $5.0B-19.0% | $6.2B+812.7% | $676.4M+5.8% | $639.0M |
| Retained Earnings | $38.8M+214.1% | -$34.0M+62.1% | -$89.6M-206.0% | $84.5M-83.5% | $512.1M+44.2% | $355.0M | $0+100.0% | -$321.2M+30.0% | -$458.8M-0.5% | -$456.4M-3.8% | -$439.8M-7.0% | -$411.0M+32.3% | -$607.3M | N/A |
QRVO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $808.6M+30.0% | $622.2M-25.3% | $833.2M-1.2% | $843.2M-19.6% | $1.0B-19.4% | $1.3B+37.7% | $945.6M+16.7% | $810.4M-4.9% | $852.5M+9.7% | $776.8M+12.9% | $687.9M+125.1% | $305.6M+133.6% | $130.8M+83.6% | $71.3M |
| Capital Expenditures | $129.1M-6.2% | $137.6M+8.2% | $127.2M-20.0% | $159.0M-25.5% | $213.5M+14.2% | $187.0M+13.9% | $164.1M-25.7% | $220.9M-18.1% | $269.8M-51.2% | $552.7M+75.1% | $315.6M+85.8% | $169.9M+154.5% | $66.8M+22.2% | $54.6M |
| Free Cash Flow | $679.6M+40.2% | $484.6M-31.4% | $706.0M+3.2% | $684.3M-18.1% | $835.8M-25.0% | $1.1B+42.7% | $781.5M+32.6% | $589.4M+1.2% | $582.7M+160.0% | $224.1M-39.8% | $372.3M+174.2% | $135.8M+111.8% | $64.1M+285.7% | $16.6M |
| Investing Cash Flow | -$43.6M-219.3% | $36.6M+126.8% | -$136.5M+11.0% | -$153.4M+74.3% | -$596.0M-172.6% | -$218.7M+80.2% | -$1.1B-346.7% | -$247.6M+10.8% | -$277.4M+43.4% | -$490.3M-75.9% | -$278.7M-335.9% | -$63.9M-12.1% | -$57.0M-294.0% | -$14.5M |
| Financing Cash Flow | -$566.5M+17.2% | -$684.4M-48.9% | -$459.6M+46.1% | -$853.4M+2.5% | -$875.5M-117.8% | -$401.9M-342.8% | $165.6M+121.3% | -$776.7M-294.6% | -$196.8M-18.8% | -$165.7M+41.5% | -$283.0M-150.7% | -$112.9M-2559.6% | -$4.2M+95.3% | -$89.7M |
| Share Buybacks | $532.6M+49.5% | $356.3M-10.9% | $400.1M-53.6% | $861.8M-25.2% | $1.2B+123.7% | $515.1M0.0% | $515.1M-19.3% | $638.1M+190.2% | $219.9M+5.0% | $209.4M-83.9% | $1.3B+2455.4% | $50.9M+298.1% | $12.8M+82.6% | $7.0M |
Not reported in any period shown, so not listed: Dividends Paid.
QRVO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.9%+4.6pp | 41.3%+1.8pp | 39.5%+3.1pp | 36.3%-12.9pp | 49.2%+2.3pp | 46.9%+6.1pp | 40.8%+2.1pp | 38.7%+0.1pp | 38.6%+1.1pp | 37.4%-2.8pp | 40.2%-0.1pp | 40.3%+5.0pp | 35.3%+3.6pp | 31.7% |
| Operating Margin | 11.2%+8.6pp | 2.6%+0.1pp | 2.4%-2.7pp | 5.1%-21.3pp | 26.4%+3.8pp | 22.6%+9.5pp | 13.1%+6.1pp | 7.0%+4.6pp | 2.4%-0.5pp | 2.9%+2.4pp | 0.5%-6.7pp | 7.2%+4.8pp | 2.4%+4.0pp | -1.6% |
| Net Margin | 9.2%+7.7pp | 1.5%+3.4pp | -1.9%-4.8pp | 2.9%-19.3pp | 22.2%+4.0pp | 18.3%+8.0pp | 10.3%+6.0pp | 4.3%+5.7pp | -1.4%-0.8pp | -0.5%+0.5pp | -1.1%-12.6pp | 11.5%+10.4pp | 1.1%+6.6pp | -5.5% |
| Return on Equity | 10.1%+8.5pp | 1.6%+3.6pp | -2.0%-4.6pp | 2.6%-20.0pp | 22.7%+6.8pp | 15.8%+8.1pp | 7.8%+4.7pp | 3.0%+3.9pp | -0.8%-0.5pp | -0.3%+0.2pp | -0.6%-3.8pp | 3.2%+1.3pp | 1.9%+10.2pp | -8.3% |
| Return on Assets | 5.8%+4.9pp | 0.9%+2.0pp | -1.1%-2.6pp | 1.5%-12.2pp | 13.8%+3.6pp | 10.2%+5.1pp | 5.1%+2.8pp | 2.3%+2.9pp | -0.6%-0.4pp | -0.3%+0.2pp | -0.4%-3.3pp | 2.9%+1.5pp | 1.4% | N/A |
| Current Ratio | 3.24+0.5x | 2.77+0.8x | 1.99-1.7x | 3.650.0x | 3.630.0x | 3.64+0.5x | 3.14-0.7x | 3.87-0.3x | 4.18+0.7x | 3.49-0.5x | 4.04-0.6x | 4.61+2.2x | 2.44 | N/A |
| Debt-to-Equity | 0.460.0x | 0.460.0x | 0.44-0.1x | 0.52+0.1x | 0.45+0.1x | 0.380.0x | 0.37+0.2x | 0.210.0x | 0.210.0x | 0.200.0x | 0.20+0.2x | 0.00-0.4x | 0.36 | N/A |
| FCF Margin | 18.5%+5.4pp | 13.0%-5.7pp | 18.7%-0.4pp | 19.2%+1.2pp | 18.0%-9.8pp | 27.8%+3.6pp | 24.1%+5.1pp | 19.1%-0.5pp | 19.6%+12.2pp | 7.4%-6.9pp | 14.3%+6.3pp | 7.9%+2.3pp | 5.6%+3.9pp | 1.7% |
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Where Qorvo Inc Ranks
Frequently Asked Questions
What is Qorvo Inc's annual revenue?
Qorvo Inc (QRVO) reported $3.7B in total revenue for fiscal year 2026. This represents a -1.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Qorvo Inc's revenue growing?
Qorvo Inc (QRVO) revenue declined by 1.1% year-over-year, from $3.7B to $3.7B in fiscal year 2026.
Is Qorvo Inc profitable?
Yes, Qorvo Inc (QRVO) reported a net income of $339.0M in fiscal year 2026, with a net profit margin of 9.2%.
What is Qorvo Inc's EBITDA?
Qorvo Inc (QRVO) had EBITDA of $673.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Qorvo Inc have?
As of fiscal year 2026, Qorvo Inc (QRVO) had $1.2B in cash and equivalents against $1.5B in long-term debt.
What is Qorvo Inc's gross margin?
Qorvo Inc (QRVO) had a gross margin of 45.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Qorvo Inc's operating margin?
Qorvo Inc (QRVO) had an operating margin of 11.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Qorvo Inc's net profit margin?
Qorvo Inc (QRVO) had a net profit margin of 9.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Qorvo Inc's return on equity (ROE)?
Qorvo Inc (QRVO) has a return on equity of 10.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Qorvo Inc's free cash flow?
Qorvo Inc (QRVO) generated $679.6M in free cash flow during fiscal year 2026. This represents a 40.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Qorvo Inc's operating cash flow?
Qorvo Inc (QRVO) generated $808.6M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Qorvo Inc's total assets?
Qorvo Inc (QRVO) had $5.8B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Qorvo Inc's capital expenditures?
Qorvo Inc (QRVO) invested $129.1M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Qorvo Inc spend on research and development?
Qorvo Inc (QRVO) invested $726.1M in research and development during fiscal year 2026.
What is Qorvo Inc's current ratio?
Qorvo Inc (QRVO) had a current ratio of 3.24 as of fiscal year 2026, which is generally considered healthy.
What is Qorvo Inc's debt-to-equity ratio?
Qorvo Inc (QRVO) had a debt-to-equity ratio of 0.46 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Qorvo Inc's return on assets (ROA)?
Qorvo Inc (QRVO) had a return on assets of 5.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Qorvo Inc's Altman Z-Score?
Qorvo Inc (QRVO) has an Altman Z-Score of 3.24, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Qorvo Inc's Piotroski F-Score?
Qorvo Inc (QRVO) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Qorvo Inc's earnings high quality?
Qorvo Inc (QRVO) has an earnings quality ratio of 2.39x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Qorvo Inc cover its interest payments?
Qorvo Inc (QRVO) has an interest coverage ratio of 5.63x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Qorvo Inc?
Qorvo Inc (QRVO) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.