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PLAB Financials Photronics Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 6.9% per year over the past 5 years.
  • Net income has grown faster than revenue (32.2% vs 6.9% per year).
  • Operating margin has expanded, at 24.5% in the latest year.
  • Free cash flow has declined 3.8% per year over the past 5 years.

Financial health

  • Total debt has grown slower than revenue (-7.4% vs 6.9% per year).
Revenue & net income
$0 $446M $892M 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 19% 38% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 7% 14% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$110M $30M $171M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $299M $598M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$239M $32M $302M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $849M $136M 35.3% 24.5% 11.6% 7.6% $60M $492M
2024 $867M $131M 36.4% 25.6% 11.7% 7.6% $131M $598M
2023 $892M $125M 37.7% 28.4% 12.9% 8.2% $171M $499M
2022 $825M $119M 35.7% 25.7% 14.3% 9.0% $163M $42M $320M
2021 $664M $55M 25.2% 14.2% 6.7% 4.3% $42M $112M $277M
2020 $610M $34M 22.1% 10.5% 4.2% 2.8% $72M $69M $279M
2019 $551M $30M 21.9% 9.5% 3.9% 2.7% -$110M $53M $207M
2018 $535M $42M 24.6% 12.3% 5.5% 3.8% $38M $57M $329M
2017 $451M $13M 20.3% 7.1% 1.8% 1.3% $5M $308M
2016 $46M 6.5% 4.7% $72M $314M
2015 $45M 6.9% 4.3% $29M $206M
2014 $26M 4.1% 2.5% $193M
2013 $18M 3.1% 2.0% $36M $216M
2012 $28M 5.1% 3.3% $36M $218M
2011 $16M 3.2% 2.0% $54M $190M

Valuation over time

How the market has priced PLAB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 10.7 21.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.7 3.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is PLAB growing its revenue and profit?

Over the past 5 years, Photronics Inc's revenue has grown 6.9% per year, and net income grown 32.2% per year. These are computed facts, not advice.

How much debt does PLAB have?

As of FY2025, Photronics Inc reported — of total debt against $492M of cash.

What is PLAB's profit margin?

In FY2025, gross margin was 35.3%, operating margin 24.5%, and net margin 16.1%.

What is PLAB's P/E ratio?

As of Sep '26, Photronics Inc traded at a price-to-earnings ratio of about 12.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.