NYSE : STM
STMicroelectronics N.V. — Financial statements
Technology · Semiconductors · Netherlands
Last price 47.6 USD (Oct 30, 2026, 9:15 AM EDT) · Market cap 41.92B
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Financial statements
STMicroelectronics N.V. (STM) reported revenue of 13.67B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 13.63B | 11.75B | 13.22B | 17.24B | 16.08B | 12.73B |
| Other Revenue | 37.00M | 46.00M | 52.00M | 47.00M | 45.00M | 32.00M |
| Revenue | 13.67B | 11.80B | 13.27B | 17.29B | 16.13B | 12.76B |
| Cost of Revenue | 8.84B | 7.80B | 8.05B | 9.00B | 8.49B | 7.43B |
| Gross Profit | 4.83B | 4.00B | 5.22B | 8.29B | 7.63B | 5.33B |
| Selling, General & Admin | 1.77B | 1.65B | 1.66B | 1.65B | 1.47B | 1.33B |
| Research & Development | 2.15B | 2.04B | 2.08B | 2.10B | 1.90B | 1.72B |
| Other Operating Expenses | -108.00M | -192.00M | -176.00M | -56.00M | -160.00M | -158.00M |
| Operating Expenses | 3.81B | 3.50B | 3.56B | 3.69B | 3.21B | 2.90B |
| Operating Income | 1.02B | 496.00M | 1.66B | 4.59B | 4.43B | 2.43B |
| Interest Expense | -58.00M | -55.00M | -85.00M | -55.00M | -13.00M | -42.00M |
| Interest & Investment Income | 181.00M | 223.00M | 303.00M | 226.00M | 71.00M | 13.00M |
| Currency Exchange Gain (Loss) | 24.00M | 24.00M | 6.00M | 5.00M | 15.00M | 7.00M |
| Other Non Operating Income (Expenses) | -41.00M | 76.00M | -1.00M | -43.00M | ||
| EBT Excluding Unusual Items | 1.13B | 764.00M | 1.88B | 4.77B | 4.50B | 2.36B |
| Merger & Restructuring Charges | -125.00M | -176.00M | -1.00M | |||
| Gain (Loss) on Sale of Assets | 6.00M | 6.00M | 5.00M | 6.00M | 2.00M | 5.00M |
| Asset Writedown | -189.00M | -189.00M | -1.00M | |||
| Legal Settlements | -5.00M | -5.00M | -5.00M | -12.00M | -8.00M | -10.00M |
| Other Unusual Items | -10.00M | -19.00M | ||||
| Pretax Income | 813.00M | 400.00M | 1.88B | 4.76B | 4.49B | 2.34B |
| Income Tax Expense | 276.00M | 220.00M | 313.00M | 541.00M | 520.00M | 331.00M |
| Earnings From Continuing Operations | 537.00M | 180.00M | 1.56B | 4.22B | 3.97B | 2.01B |
| Minority Interest in Earnings | -17.00M | -14.00M | -8.00M | -11.00M | -6.00M | -6.00M |
| Net Income | 520.00M | 166.00M | 1.56B | 4.21B | 3.96B | 2.00B |
| Net Income to Common | 520.00M | 166.00M | 1.56B | 4.21B | 3.96B | 2.00B |
| Shares Outstanding (Basic) | 890.43M | 893.29M | 901.21M | 903.51M | 905.61M | 904.33M |
| Shares Outstanding (Diluted) | 920.80M | 923.05M | 939.35M | 944.20M | 946.22M | 924.84M |
| EPS (Basic) | 0.58 | 0.19 | 1.73 | 4.66 | 4.37 | 2.21 |
| EPS (Diluted) | 0.57 | 0.18 | 1.66 | 4.46 | 4.19 | 2.16 |
| Free Cash Flow | 561.00M | 41.00M | -123.00M | 1.55B | 1.65B | 1.22B |
| Free Cash Flow Per Share | 0.61 | 0.04 | -0.13 | 1.65 | 1.75 | 1.32 |
| Dividend Per Share | 0.36 | 0.36 | 0.36 | 0.36 | 0.24 | 0.24 |
| Gross Margin | 35.36% | 33.89% | 39.34% | 47.94% | 47.34% | 41.74% |
| Operating Margin | 7.46% | 4.20% | 12.47% | 26.57% | 27.46% | 19.03% |
| Profit Margin | 3.80% | 1.41% | 11.73% | 24.36% | 24.55% | 15.67% |
| Free Cash Flow Margin | 4.10% | 0.35% | -0.93% | 8.98% | 10.25% | 9.56% |
| EBITDA | 2.95B | 2.35B | 3.42B | 6.15B | 5.64B | 3.47B |
| EBITDA Margin | 21.58% | 19.91% | 25.74% | 35.60% | 35.00% | 27.22% |
| D&A For EBITDA | 1.93B | 1.85B | 1.76B | 1.56B | 1.22B | 1.04B |
| EBIT | 1.02B | 496.00M | 1.66B | 4.59B | 4.43B | 2.43B |
| EBIT Margin | 7.46% | 4.20% | 12.47% | 26.57% | 27.46% | 19.03% |
| Effective Tax Rate | 33.95% | 55.00% | 16.67% | 11.36% | 11.59% | 14.16% |
| Revenue as Reported | 13.67B | 11.80B | 13.27B | 17.29B | 16.13B | 12.76B |
| Advertising Expenses | 20.00M | 25.00M | 23.00M | 18.00M | 12.00M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.61B | 2.84B | 2.28B | 3.22B | 3.26B | 3.23B |
| Short-Term Investments | 2.70B | 2.08B | 3.90B | 2.86B | 1.26B | 291.00M |
| Cash & Short-Term Investments | 5.31B | 4.92B | 6.18B | 6.08B | 4.52B | 3.52B |
| Accounts Receivable | 2.19B | 1.75B | 1.75B | 1.73B | 1.97B | 1.76B |
| Other Receivables | 1.04B | 674.00M | 919.00M | 482.00M | 416.00M | |
| Receivables | 2.19B | 2.81B | 2.44B | 2.66B | 2.46B | 2.18B |
| Inventory | 3.25B | 3.14B | 2.79B | 2.70B | 2.58B | 1.97B |
| Other Current Assets | 1.49B | 403.00M | 319.00M | 366.00M | 242.00M | 157.00M |
| Total Current Assets | 12.24B | 11.27B | 11.73B | 11.81B | 9.80B | 7.83B |
| Property, Plant & Equipment | 11.12B | 11.06B | 10.88B | 10.55B | 8.20B | 5.66B |
| Long-Term Investments | 111.00M | 190.00M | 108.00M | 53.00M | 37.00M | 39.00M |
| Goodwill | 704.00M | 315.00M | 290.00M | 303.00M | 297.00M | 313.00M |
| Other Intangible Assets | 732.00M | 324.00M | 346.00M | 367.00M | 405.00M | 438.00M |
| Long-Term Deferred Tax Assets | 413.00M | 408.00M | 464.00M | 592.00M | 602.00M | 652.00M |
| Other Long-Term Assets | 1.35B | 1.23B | 924.00M | 777.00M | 635.00M | 610.00M |
| Total Assets | 26.66B | 24.80B | 24.74B | 24.45B | 19.98B | 15.54B |
| Accounts Payable | 1.84B | 1.49B | 1.32B | 1.86B | 2.12B | 1.58B |
| Accrued Expenses | 998.00M | 925.00M | 1.07B | 934.00M | 838.00M | |
| Current Portion of Long-Term Debt | 309.00M | 249.00M | 974.00M | 207.00M | 168.00M | 143.00M |
| Current Portion of Leases | 101.00M | 70.00M | 68.00M | 59.00M | 55.00M | |
| Current Income Taxes Payable | 81.00M | 37.00M | 66.00M | 78.00M | 95.00M | 68.00M |
| Current Unearned Revenue | 34.00M | |||||
| Other Current Liabilities | 1.69B | 479.00M | 415.00M | 454.00M | 459.00M | 229.00M |
| Total Current Liabilities | 3.92B | 3.35B | 3.77B | 3.73B | 3.84B | 2.95B |
| Long-Term Debt | 2.90B | 1.78B | 1.91B | 2.65B | 2.49B | 2.40B |
| Long-Term Leases | 223.00M | 210.00M | 243.00M | 191.00M | 148.00M | |
| Long-Term Unearned Revenue | 333.00M | 385.00M | 152.00M | |||
| Pension & Post-Retirement Benefits | 386.00M | 403.00M | 377.00M | 372.00M | 331.00M | 442.00M |
| Long-Term Deferred Tax Liabilities | 55.00M | 60.00M | 47.00M | 54.00M | 60.00M | 64.00M |
| Other Long-Term Liabilities | 1.13B | 424.00M | 359.00M | 395.00M | 313.00M | 268.00M |
| Total Liabilities | 8.38B | 6.58B | 7.06B | 7.60B | 7.22B | 6.27B |
| Common Stock | 1.16B | 1.16B | 1.16B | 1.16B | 1.16B | 1.16B |
| Additional Paid-In Capital | 3.33B | 3.28B | 3.09B | 2.87B | 2.63B | 2.53B |
| Retained Earnings | 13.16B | 13.08B | 13.46B | 12.47B | 8.71B | 5.22B |
| Treasury Stock | -472.00M | -637.00M | -491.00M | -377.00M | -268.00M | -200.00M |
| Comprehensive Income & Other | 702.00M | 945.00M | 236.00M | 613.00M | 460.00M | 496.00M |
| Total Common Equity | 17.88B | 17.83B | 17.45B | 16.73B | 12.69B | 9.21B |
| Minority Interest | 407.00M | 397.00M | 230.00M | 123.00M | 65.00M | 64.00M |
| Shareholders' Equity | 18.28B | 18.23B | 17.68B | 16.85B | 12.76B | 9.27B |
| Total Liabilities & Equity | 26.66B | 24.80B | 24.74B | 24.45B | 19.98B | 15.54B |
| Total Debt | 3.21B | 2.35B | 3.17B | 3.17B | 2.91B | 2.74B |
| Net Cash (Debt) | 2.11B | 2.57B | 3.02B | 2.91B | 1.61B | 774.00M |
| Net Cash Per Share | 2.29 | 2.78 | 3.21 | 3.08 | 1.70 | 0.84 |
| Filing Date Shares Outstanding | 895.97M | 888.77M | 898.18M | 902.77M | 903.87M | 905.84M |
| Total Common Shares Outstanding | 895.97M | 888.77M | 898.18M | 902.77M | 903.87M | 906.52M |
| Working Capital | 8.32B | 7.92B | 7.96B | 8.08B | 5.97B | 4.88B |
| Book Value Per Share | 19.95 | 20.06 | 19.43 | 18.53 | 14.04 | 10.16 |
| Tangible Book Value | 16.44B | 17.19B | 16.81B | 16.06B | 11.99B | 8.46B |
| Tangible Book Value Per Share | 18.35 | 19.34 | 18.72 | 17.79 | 13.27 | 9.33 |
| Land | 142.00M | 118.00M | 118.00M | 83.00M | 84.00M | |
| Buildings | 1.61B | 1.39B | 1.31B | 1.12B | 951.00M | |
| Machinery | 24.27B | 22.42B | 21.91B | 19.15B | 17.48B | |
| Construction In Progress | 2.28B | 1.90B | 1.71B | 1.51B | 1.02B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 520.00M | 166.00M | 1.56B | 4.21B | 3.96B | 2.00B |
| Depreciation & Amortization | 1.93B | 1.85B | 1.76B | 1.56B | 1.22B | 1.04B |
| Other Amortization | 1.00M | 1.00M | 1.00M | 1.00M | ||
| Asset Writedown & Restructuring Costs | 83.00M | 226.00M | 2.00M | |||
| Stock-Based Compensation | 135.00M | 193.00M | 222.00M | 236.00M | 215.00M | 221.00M |
| Other Operating Activities | 273.00M | -145.00M | -80.00M | -95.00M | -60.00M | -63.00M |
| Change in Accounts Receivable | -456.00M | 5.00M | -32.00M | 229.00M | -231.00M | -307.00M |
| Change in Inventory | -3.00M | -172.00M | -167.00M | -72.00M | -650.00M | -188.00M |
| Change in Accounts Payable | 222.00M | 83.00M | -35.00M | -238.00M | 240.00M | 95.00M |
| Change in Other Net Operating Assets | 26.00M | -59.00M | -261.00M | 159.00M | 511.00M | 255.00M |
| Operating Cash Flow | 2.73B | 2.15B | 2.96B | 5.99B | 5.20B | 3.06B |
| Capital Expenditures | -2.17B | -2.11B | -3.09B | -4.44B | -3.55B | -1.84B |
| Sale of Property, Plant & Equipment | 3.00M | 9.00M | 5.00M | 8.00M | 4.00M | 2.00M |
| Cash Acquisitions | -895.00M | |||||
| Sale (Purchase) of Intangibles | -68.00M | -93.00M | -93.00M | -97.00M | -87.00M | -97.00M |
| Investment in Securities | -121.00M | 1.89B | -1.01B | -1.56B | -980.00M | 407.00M |
| Other Investing Activities | 499.00M | 258.00M | 441.00M | 320.00M | 21.00M | 10.00M |
| Investing Cash Flow | -2.75B | -43.00M | -3.74B | -5.77B | -4.59B | -1.52B |
| Long-Term Debt Issued | 300.00M | 329.00M | 200.00M | 788.00M | ||
| Long-Term Debt Repaid | -989.00M | -203.00M | -169.00M | -134.00M | -1.36B | |
| Net Debt Issued (Repaid) | 1.12B | -989.00M | 97.00M | 160.00M | 66.00M | -569.00M |
| Repurchase of Common Stock | -99.00M | -390.00M | -403.00M | -400.00M | -390.00M | -534.00M |
| Common Dividends Paid | -316.00M | -321.00M | -288.00M | -223.00M | -212.00M | -205.00M |
| Other Financing Activities | -61.00M | 140.00M | 439.00M | 196.00M | -31.00M | -6.00M |
| Financing Cash Flow | 642.00M | -1.56B | -155.00M | -267.00M | -567.00M | -1.31B |
| Foreign Exchange Rate Adjustments | -7.00M | 6.00M | -8.00M | 5.00M | -11.00M | -9.00M |
| Net Cash Flow | 613.00M | 555.00M | -940.00M | -36.00M | 33.00M | 219.00M |
| Free Cash Flow | 561.00M | 41.00M | -123.00M | 1.55B | 1.65B | 1.22B |
| Free Cash Flow Margin | 4.10% | 0.35% | -0.93% | 8.98% | 10.25% | 9.56% |
| Free Cash Flow Per Share | 0.61 | 0.04 | -0.13 | 1.65 | 1.75 | 1.32 |
| Levered Free Cash Flow | 173.25M | -407.38M | -768.75M | -493.75M | 440.00M | 945.25M |
| Unlevered Free Cash Flow | 209.50M | -374.00M | -716.62M | -460.38M | 447.12M | 971.50M |
| Cash Interest Paid | 54.00M | 54.00M | 67.00M | 31.00M | 2.00M | 2.00M |
| Cash Income Tax Paid | 141.00M | 141.00M | 197.00M | 489.00M | 416.00M | 279.00M |
| Change in Working Capital | -211.00M | -143.00M | -495.00M | 78.00M | -130.00M | -145.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 42.21B | 23.42B | 22.57B | 45.15B | 32.06B | 44.71B |
| Enterprise Value | 40.55B | 21.25B | 20.06B | 42.87B | 30.73B | 44.18B |
| Last Close Price | 46.74 | 25.81 | 24.57 | 48.89 | 34.54 | 47.21 |
| PE Ratio | 83.77 | 141.06 | 14.50 | 10.72 | 8.10 | 22.36 |
| PS Ratio | 3.06 | 1.98 | 1.70 | 2.61 | 1.99 | 3.50 |
| PB Ratio | 2.29 | 1.28 | 1.28 | 2.68 | 2.51 | 4.82 |
| P/TBV Ratio | 2.54 | 1.36 | 1.34 | 2.81 | 2.67 | 5.29 |
| P/FCF Ratio | 74.55 | 571.12 | 29.07 | 19.39 | 36.65 | |
| P/OCF Ratio | 15.32 | 10.88 | 7.61 | 7.54 | 6.16 | 14.61 |
| EV/Sales Ratio | 2.94 | 1.80 | 1.51 | 2.48 | 1.91 | 3.46 |
| EV/EBITDA Ratio | 13.61 | 9.04 | 5.88 | 6.97 | 5.44 | 12.72 |
| EV/EBIT Ratio | 39.37 | 42.83 | 12.12 | 9.33 | 6.94 | 18.20 |
| EV/FCF Ratio | 71.59 | 518.17 | 27.60 | 18.59 | 36.21 | |
| Debt / Equity Ratio | 0.17 | 0.13 | 0.18 | 0.19 | 0.23 | 0.30 |
| Debt / EBITDA Ratio | 1.09 | 0.97 | 0.91 | 0.51 | 0.51 | 0.77 |
| Debt / FCF Ratio | 5.71 | 57.41 | 2.04 | 1.76 | 2.25 | |
| Net Debt / Equity Ratio | -0.12 | -0.14 | -0.17 | -0.17 | -0.13 | -0.08 |
| Net Debt / EBITDA Ratio | -0.71 | -1.09 | -0.88 | -0.47 | -0.28 | -0.22 |
| Net Debt / FCF Ratio | -3.75 | -62.63 | 24.53 | -1.87 | -0.97 | -0.63 |
| Asset Turnover | 0.53 | 0.48 | 0.54 | 0.78 | 0.91 | 0.85 |
| Inventory Turnover | 2.75 | 2.63 | 2.93 | 3.41 | 3.73 | 3.90 |
| Quick Ratio | 1.92 | 2.30 | 2.28 | 2.34 | 1.82 | 1.93 |
| Current Ratio | 3.12 | 3.36 | 3.11 | 3.17 | 2.56 | 2.65 |
| Return on Equity (ROE) | 2.95% | 1.00% | 9.06% | 28.52% | 36.00% | 22.57% |
| Return on Assets (ROA) | 2.48% | 1.25% | 4.21% | 12.92% | 15.58% | 10.12% |
| Return on Invested Capital (ROIC) | 4.15% | 1.47% | 9.64% | 32.45% | 39.86% | 25.89% |
| Return on Capital Employed (ROCE) | 4.50% | 2.30% | 7.90% | 22.20% | 27.40% | 19.30% |
| Earnings Yield | 1.19% | 0.71% | 6.90% | 9.33% | 12.35% | 4.47% |
| FCF Yield | 1.34% | 0.18% | -0.55% | 3.44% | 5.16% | 2.73% |
| Dividend Yield | 0.76% | 1.37% | 1.43% | 0.72% | 0.68% | 0.49% |
| Payout Ratio | 63.93% | 193.37% | 18.50% | 5.30% | 5.35% | 10.25% |
| Buyback Yield / Dilution | 1.00% | 1.74% | 0.51% | 0.21% | -2.31% | -0.56% |
| Total Shareholder Return | 1.77% | 3.10% | 1.95% | 0.93% | -1.64% | -0.07% |