Advanced Micro Devices, Inc. (AMD) Key Metrics
AMD valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $863.17B
- Enterprise value
- $994.50B
- P/E (TTM)
- 134.9 10-yr median 80.8
- Forward P/E
- 39.5
- PEG ratio
- 0.63
- Price / sales
- 20.9 10-yr median 7.6
- Price / book
- 14.9 10-yr median 16.5
- EV / EBITDA
- 92.8 10-yr median 47.3
- Dividend yield
- —
- Beta
- 2.45
AMD key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAMD valuation Price multiples at each fiscal year-end price.
AMD returns How much profit the business earns on the capital it uses.
AMD per-share figures Results divided by the shares outstanding at year-end.
AMD financial health Debt, liquidity and how easily interest is covered.
AMD efficiency & capital use Working capital cycle and where the cash goes.
AMD valuation history
AMD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AMD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AMD cash returned to shareholders
AMD price vs earnings per share
AMD key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $350.37B | $197.73B | $239.54B | $104.41B | $173.69B | $111.06B | $51.36B | $19.64B | $10.68B | $9.47B |
| Enterprise value | $344.29B | $194.81B | $236.77B | $101.33B | $170.61B | $109.46B | $50.59B | $19.74B | $10.89B | $9.87B |
| P/E ratio | 80.8 | 120.5 | 280.5 | 79.1 | 54.9 | 44.6 | 150.6 | 58.3 | 248.4 | — |
| Price / sales | 10.1 | 7.7 | 10.6 | 4.4 | 10.6 | 11.4 | 7.6 | 3.0 | 2.0 | 2.2 |
| Price / book | 5.6 | 3.4 | 4.3 | 1.9 | 23.2 | 19.0 | 18.2 | 15.5 | 17.5 | 22.8 |
| Price / free cash flow | 52.0 | 82.2 | 213.7 | 33.5 | 53.9 | 142.9 | 186.1 | — | — | 728.4 |
| Price / operating cash flow | 45.4 | 65.0 | 143.7 | 29.3 | 49.3 | 103.7 | 104.2 | 577.7 | 157.1 | 105.2 |
| EV / sales | 9.9 | 7.6 | 10.4 | 4.3 | 10.4 | 11.2 | 7.5 | 3.0 | 2.0 | 2.3 |
| EV / EBITDA | 47.3 | 37.1 | 590.5 | 76.8 | 42.7 | 69.6 | 56.9 | 31.8 | 31.3 | — |
| EV / free cash flow | 51.1 | 81.0 | 211.2 | 32.5 | 53.0 | 140.9 | 183.3 | — | — | 759.2 |
| Earnings yield | 1.2% | 0.8% | 0.4% | 1.3% | 1.8% | 2.2% | 0.7% | 1.7% | 0.4% | −5.1% |
| Free cash flow yield | 1.9% | 1.2% | 0.5% | 3.0% | 1.9% | 0.7% | 0.5% | −0.7% | −0.4% | 0.1% |
| Dividend yield | — | — | — | — | 0.1% | 0.1% | 0.0% | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.4% | 0.8% | 0.6% | 3.9% | 1.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $214.16 | $120.79 | $147.41 | $64.77 | $143.90 | $91.71 | $45.86 | $18.46 | $10.28 | $11.34 |
| Per share | ||||||||||
| Revenue per share | $21.17 | $15.75 | $13.96 | $14.64 | $13.62 | $8.06 | $6.01 | $6.09 | $5.13 | $5.12 |
| Earnings per share | $2.65 | $1.00 | $0.53 | $0.82 | $2.62 | $2.06 | $0.30 | $0.32 | $0.04 | −$0.58 |
| Operating cash flow per share | $4.71 | $1.86 | $1.03 | $2.21 | $2.92 | $0.88 | $0.44 | $0.03 | $0.07 | $0.11 |
| Free cash flow per share | $4.12 | $1.47 | $0.69 | $1.93 | $2.67 | $0.64 | $0.25 | −$0.12 | −$0.04 | $0.02 |
| Cash per share | $6.45 | $3.14 | $3.55 | $3.63 | $2.99 | $1.89 | $1.34 | $1.09 | $1.14 | $1.51 |
| Book value per share | $38.51 | $35.17 | $34.40 | $33.96 | $6.21 | $4.82 | $2.52 | $1.19 | $0.59 | $0.50 |
| Tangible book value per share | $12.94 | $8.43 | $6.32 | $3.78 | $5.70 | $4.39 | $2.08 | $0.71 | $0.08 | −$0.13 |
| Dividends per share | — | — | — | — | $0.09 | $0.07 | $0.01 | — | $0.00 | $0.00 |
| Capex per share | $0.62 | $0.39 | $0.34 | $0.28 | $0.25 | $0.24 | $0.19 | $0.15 | $0.11 | $0.09 |
| Debt per share | $2.73 | $1.35 | $1.85 | $1.72 | $0.44 | $0.57 | $0.65 | $1.17 | $1.34 | $1.99 |
| Shares outstanding | 1.64B | 1.64B | 1.62B | 1.61B | 1.21B | 1.21B | 1.12B | 1.06B | 1.04B | 835.0M |
| Change in shares outstanding | −0.1% | +0.7% | +0.8% | +33.6% | −0.3% | +8.1% | +5.3% | +2.4% | +24.4% | +6.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.2% | 2.9% | 1.5% | 4.2% | 47.4% | 57.5% | 16.7% | 35.9% | 8.4% | — |
| Return on invested capital (ROIC) | 6.6% | 2.9% | 0.8% | 2.6% | 84.2% | 40.8% | 33.9% | 41.4% | 18.0% | −31.7% |
| Return on assets (ROA) | 5.9% | 2.4% | 1.3% | 3.3% | 29.6% | 33.2% | 6.4% | 8.3% | 1.3% | −15.2% |
| Return on tangible assets | 12.4% | 6.4% | 3.8% | 7.0% | 26.8% | 29.5% | 6.2% | 8.3% | 1.4% | −17.4% |
| Free cash flow margin | 19.4% | 9.3% | 4.9% | 13.2% | 19.6% | 8.0% | 4.1% | −2.0% | −0.8% | 0.3% |
| Income quality (OCF / net income) | 1.78 | 1.85 | 1.95 | 2.70 | 1.11 | 0.43 | 1.45 | 0.10 | 1.58 | — |
| Financial health | ||||||||||
| Total debt | $4.47B | $2.21B | $3.00B | $2.78B | $531.0M | $685.0M | $728.0M | $1.25B | $1.40B | $1.67B |
| Cash & short-term investments | $10.55B | $5.13B | $5.77B | $5.86B | $3.61B | $2.29B | $1.50B | $1.16B | $1.19B | $1.26B |
| Net debt | −$6.08B | −$2.92B | −$2.77B | −$3.08B | −$3.08B | −$1.60B | −$775.0M | $94.0M | $210.0M | $401.0M |
| Debt / equity | 0.07 | 0.04 | 0.05 | 0.05 | 0.07 | 0.12 | 0.26 | 0.99 | 2.28 | 4.00 |
| Debt / assets | 0.06 | 0.03 | 0.04 | 0.04 | 0.04 | 0.08 | 0.12 | 0.27 | 0.39 | 0.50 |
| Net debt / EBITDA | −0.84 | −0.56 | −6.91 | −2.33 | −0.77 | −1.02 | −0.87 | 0.15 | 0.60 | — |
| Current ratio | 2.85 | 2.62 | 2.51 | 2.36 | 2.02 | 2.54 | 1.95 | 1.78 | 1.76 | 1.88 |
| Quick ratio | 2.01 | 1.83 | 1.86 | 1.77 | 1.56 | 1.96 | 1.53 | 1.36 | 1.30 | 1.37 |
| Interest coverage | 28.2 | 20.7 | 3.8 | 37.2 | 77.5 | 14.0 | 6.7 | 3.7 | 1.6 | -2.4 |
| Working capital | $17.49B | $11.77B | $10.08B | $8.65B | $4.34B | $3.73B | $2.24B | $1.56B | $1.14B | $1.18B |
| Invested capital | $56.92B | $54.65B | $53.12B | $51.67B | $4.42B | $4.23B | $2.05B | $1.36B | $821.0M | $817.0M |
| Tangible asset value | $21.17B | $13.80B | $10.27B | $6.09B | $6.88B | $5.32B | $2.33B | $751.0M | $83.0M | −$105.0M |
| Net current asset value | $13.02B | $7.39B | $4.78B | $2.19B | $3.66B | $3.02B | $1.40B | $250.0M | −$307.0M | −$375.0M |
| Graham number | $47.91 | $28.16 | $20.17 | $25.02 | $19.13 | $14.93 | $4.16 | $2.91 | $0.74 | — |
| Graham net-net per share | $3.25 | $0.94 | −$0.00 | −$1.24 | $1.40 | $1.17 | $0.18 | −$0.71 | −$1.06 | −$1.27 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $104.0M | $85.0M | $6.0M | — | $0 | $0 |
| Share buybacks (net) | $1.32B | $1.59B | $1.41B | $4.11B | $1.66B | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | — | — | — | 3.3% | 3.4% | 1.8% | — | 0.0% | — |
| Dividends + buybacks / free cash flow | 19.5% | 66.1% | 126.0% | 131.9% | 54.7% | 10.9% | 2.2% | — | — | 0.0% |
| Capex / revenue | 2.9% | 2.5% | 2.4% | 1.9% | 1.8% | 3.0% | 3.2% | 2.5% | 2.1% | 1.8% |
| Capex / operating cash flow | 13.1% | 20.9% | 32.8% | 12.6% | 8.5% | 27.5% | 44.0% | 479.4% | 166.2% | 85.6% |
| Capex / depreciation | 0.34 | 0.20 | 0.15 | 0.11 | 0.74 | 0.94 | 0.84 | 0.96 | 0.78 | 0.58 |
| Stock-based compensation / revenue | 4.7% | 5.5% | 6.1% | 4.6% | 2.3% | 2.8% | 2.9% | 2.1% | 1.8% | 2.0% |
| R&D / revenue | 23.4% | 25.0% | 25.9% | 21.2% | 17.3% | 20.3% | 23.0% | 22.1% | 21.8% | 23.6% |
| SG&A / revenue | 12.0% | 10.8% | 10.1% | 12.8% | 8.8% | 10.2% | 11.1% | 8.7% | 9.7% | 10.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 69.8 | 87.2 | 76.5 | 52.8 | 53.0 | 73.7 | 85.4 | 47.0 | 24.3 | 37.5 |
| Days of inventory on hand | 142.5 | 140.9 | 121.3 | 80.4 | 72.0 | 80.2 | 86.3 | 69.7 | 72.1 | 76.3 |
| Days payables outstanding | 51.3 | 56.5 | 50.4 | 25.1 | 31.2 | 66.6 | 86.1 | 55.2 | 42.9 | 40.1 |
| Cash conversion cycle (days) | 161.0 | 171.6 | 147.4 | 108.1 | 93.7 | 87.4 | 85.6 | 61.6 | 53.6 | 73.7 |
| Receivables turnover | 5.23 | 4.19 | 4.77 | 6.91 | 6.89 | 4.95 | 4.28 | 7.76 | 14.99 | 9.74 |
| Payables turnover | 7.11 | 6.46 | 7.24 | 14.53 | 11.68 | 5.48 | 4.24 | 6.61 | 8.51 | 9.11 |
| Inventory turnover | 2.56 | 2.59 | 3.01 | 4.54 | 5.07 | 4.55 | 4.23 | 5.23 | 5.06 | 4.78 |
| Asset turnover | 0.47 | 0.38 | 0.33 | 0.59 | 1.54 | 1.30 | 1.27 | 1.60 | 1.55 | 1.33 |
| Average receivables | $6.62B | $6.16B | $4.76B | $3.42B | $2.39B | $1.97B | $1.57B | $834.5M | $355.5M | $438.5M |
| Average payables | $2.46B | $2.02B | $1.69B | $894.5M | $728.0M | $988.0M | $911.0M | $609.0M | $412.0M | $359.5M |
| Average inventory | $6.83B | $5.04B | $4.06B | $2.86B | $1.68B | $1.19B | $913.5M | $769.5M | $692.5M | $684.5M |
| Intangibles / total assets | 54.4% | 63.2% | 67.2% | 72.0% | 5.0% | 5.8% | 8.3% | 11.3% | 14.9% | 15.7% |
Computed from AMD's annual financial statements (latest annual report filed February 4, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AMD valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), AMD traded at 80.8 times earnings, against a 10-year median of 80.8. Based on the latest twelve months, the trailing P/E is 134.9 and the forward P/E is 39.5. AMD earned a return on equity of 7.2% and a return on invested capital of 6.6% in fiscal 2025. It ended the year with $4.5 billion of debt and $10.6 billion in cash and short-term investments, a net cash position of $6.1 billion. It returned $1.3 billion to shareholders: $0 in dividends and $1.3 billion in share buybacks, 20% of free cash flow. The share count rose 95.9% from 835.0M to 1.64B over 9 years.
See the AMD income statement, the AMD chart for price history, or the AMD stock overview for the latest quote and news.
AMD key metrics FAQ
What is AMD's P/E ratio?
AMD's trailing P/E ratio is 134.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 39.5. At the end of fiscal 2025 it was 80.8, compared with a 10-year median of 80.8.
What is AMD's EV/EBITDA?
AMD's enterprise value was 47.3 times EBITDA at the end of fiscal 2025 (enterprise value $344.3 billion, EBITDA $7.3 billion); the current EV/EBITDA is 92.8.
What is AMD's return on equity?
AMD's return on equity (ROE) was 7.2% in fiscal 2025: net income of $4.3 billion on average shareholders' equity of $60.3 billion.
What is AMD's ROIC?
AMD's return on invested capital was 6.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does AMD have?
AMD had total debt of $4.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.07 and more cash than debt.
Does AMD buy back its shares?
Yes. AMD spent $1.3 billion on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 1.64B..
What is AMD's free cash flow yield?
AMD generated $6.7 billion of free cash flow in fiscal 2025, a free cash flow yield of 1.9% on its market value at year-end ($350.4 billion).
What is AMD's current ratio?
AMD's current ratio was 2.85 at the end of fiscal 2025: current assets were 2.85 times current liabilities.