Cirrus Logic, Inc. (CRUS) Key Metrics

NASDAQ: CRUSValuation, returns, debt and efficiency ratios over 10 years.

CRUS valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$5.41B
Enterprise value
$5.28B
P/E (TTM)
13.1
10-yr median 18.6
Forward P/E
13.8
PEG ratio
9.35
Price / sales
2.6
10-yr median 2.9
Price / book
2.8
10-yr median 3.2
EV / EBITDA
9.4
10-yr median 12.0
Dividend yield
—
Beta
1.17

CRUS key metrics, FY2017–FY2026

Fiscal year ended March 31, 2026 · U.S. dollars

CRUS valuation Price multiples at each fiscal year-end price.

P/E ratio+10.1%
18.3
FY2026 · hover or tap a bar for each year
FY2017: 15.5 (−20.4%)FY2018: 16.5 (+7.0%)FY2019: 28.8 (+74.0%)FY2020: 24.9 (−13.6%)FY2021: 23.4 (−5.8%)FY2022: 15.4 (−34.4%)FY2023: 35.4 (+130.5%)FY2024: 18.9 (−46.7%)FY2025: 16.6 (−12.1%)FY2026: 18.3 (+10.1%)
FY2017FY2026
Price / sales+30.6%
3.8
FY2026 · hover or tap a bar for each year
FY2017: 2.6 (+27.7%)FY2018: 1.7 (−33.4%)FY2019: 2.2 (+25.0%)FY2020: 3.1 (+41.7%)FY2021: 3.7 (+20.1%)FY2022: 2.8 (−24.3%)FY2023: 3.3 (+17.2%)FY2024: 2.9 (−12.1%)FY2025: 2.9 (+0.2%)FY2026: 3.8 (+30.6%)
FY2017FY2026
Price / book+26.0%
3.6
FY2026 · hover or tap a bar for each year
FY2017: 3.5 (+25.5%)FY2018: 2.3 (−34.2%)FY2019: 2.3 (−1.5%)FY2020: 3.2 (+42.0%)FY2021: 3.7 (+13.6%)FY2022: 3.1 (−14.5%)FY2023: 3.8 (+20.4%)FY2024: 2.9 (−24.4%)FY2025: 2.8 (−1.0%)FY2026: 3.6 (+26.0%)
FY2017FY2026
EV / EBITDA+21.9%
12.4
FY2026 · hover or tap a bar for each year
FY2017: 9.5 (−2.1%)FY2018: 7.0 (−27.2%)FY2019: 13.1 (+88.6%)FY2020: 15.2 (+15.5%)FY2021: 16.6 (+9.4%)FY2022: 11.1 (−32.8%)FY2023: 18.1 (+62.5%)FY2024: 11.7 (−35.7%)FY2025: 10.2 (−12.7%)FY2026: 12.4 (+21.9%)
FY2017FY2026
Price / free cash flow−10.2%
11.9
FY2026 · hover or tap a bar for each year
FY2017: 12.7 (−45.6%)FY2018: 11.4 (−9.8%)FY2019: 15.2 (+32.5%)FY2020: 14.2 (−6.5%)FY2021: 15.4 (+8.7%)FY2022: 52.9 (+243.7%)FY2023: 20.7 (−61.0%)FY2024: 13.5 (−34.7%)FY2025: 13.2 (−1.9%)FY2026: 11.9 (−10.2%)
FY2017FY2026
Free cash flow yield+0.9 pts
8.4%
FY2026 · hover or tap a bar for each year
FY2017: 7.9% (+3.6 pts)FY2018: 8.7% (+0.9 pts)FY2019: 6.6% (−2.1 pts)FY2020: 7.1% (+0.5 pts)FY2021: 6.5% (−0.6 pts)FY2022: 1.9% (−4.6 pts)FY2023: 4.8% (+2.9 pts)FY2024: 7.4% (+2.6 pts)FY2025: 7.5% (+0.1 pts)FY2026: 8.4% (+0.9 pts)
FY2017FY2026

CRUS valuation history

Fiscal year-endToday10-year median

CRUS returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

CRUS debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

CRUS cash returned to shareholders

DividendsBuybacksFree cash flow

CRUS price vs earnings per share

Share price at year-endEPS (right axis)

CRUS key metrics

FY2017–FY2026
Cirrus Logic, Inc. key metrics by fiscal year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Valuation
Market capitalization$7.57B$5.51B$5.19B$6.26B$5.01B$5.09B$3.97B$2.59B$2.68B$4.04B
Enterprise value$6.82B$5.05B$4.81B$5.92B$4.81B$4.74B$3.80B$2.30B$2.42B$3.65B
P/E ratio18.316.618.935.415.423.424.928.816.515.5
Price / sales3.82.92.93.32.83.73.12.21.72.6
Price / book3.62.82.93.83.13.73.22.32.33.5
Price / free cash flow11.913.213.520.752.915.414.215.211.412.7
Price / operating cash flow11.612.412.318.440.214.613.412.58.410.9
EV / sales3.42.72.73.12.73.53.01.91.62.4
EV / EBITDA12.410.211.718.111.116.615.213.17.09.5
EV / free cash flow10.712.212.519.550.814.313.613.510.311.5
Earnings yield5.5%6.0%5.3%2.8%6.5%4.3%4.0%3.5%6.0%6.5%
Free cash flow yield8.4%7.5%7.4%4.8%1.9%6.5%7.1%6.6%8.7%7.9%
Dividend yield————————0.0%0.0%
Shareholder yield (dividends + buybacks)4.2%5.4%4.0%3.3%3.8%2.5%3.5%6.7%7.2%0.7%
Share price at fiscal year-end$144.62$99.66$92.56$109.38$84.79$84.79$65.63$42.07$40.63$60.69
Per share
Revenue per share$38.14$34.32$31.93$33.16$30.12$22.80$21.19$19.25$23.23$23.12
Earnings per share$7.91$6.00$4.90$3.09$5.52$3.62$2.64$1.46$2.46$3.92
Operating cash flow per share$12.42$8.04$7.53$5.93$2.11$5.81$4.89$3.36$4.83$5.56
Free cash flow per share$12.16$7.52$6.86$5.29$1.60$5.51$4.63$2.78$3.55$4.78
Cash per share$16.95$10.79$9.40$8.40$6.43$8.29$5.20$4.65$3.97$6.78
Book value per share$40.63$35.29$32.43$28.98$27.05$23.13$20.34$18.52$17.62$17.30
Tangible book value per share$31.91$26.90$24.12$20.68$17.01$17.97$15.02$12.77$11.55$10.96
Dividends per share————————$0.00$0.00
Capex per share$0.27$0.52$0.67$0.64$0.51$0.30$0.26$0.58$1.28$0.77
Debt per share$2.56$2.60$2.77$2.47$3.01$2.37$2.36—$0.00$0.90
Shares outstanding52.4M55.2M56.0M57.2M59.1M60.1M60.5M61.6M66.0M66.6M
Change in shares outstanding−5.2%−1.4%−2.1%−3.2%−1.5%−0.7%−1.8%−6.6%−0.9%+0.9%
Returns & profitability
Return on equity (ROE)20.3%17.6%15.8%10.8%21.8%16.6%13.5%7.8%14.0%26.0%
Return on invested capital (ROIC)26.7%20.8%18.7%12.7%26.7%20.1%16.0%11.0%19.3%33.9%
Return on assets (ROA)17.2%14.5%12.8%8.4%16.5%12.7%10.8%6.5%11.4%20.1%
Return on tangible assets20.4%17.8%15.5%11.1%21.3%14.3%12.5%9.0%15.7%26.3%
Free cash flow margin31.9%21.9%21.5%16.0%5.3%24.2%21.9%14.4%15.3%20.7%
Income quality (OCF / net income)1.571.341.541.920.381.611.852.301.971.42
Financial health
Total debt$134.0M$143.7M$155.2M$141.1M$177.8M$142.5M$142.9M—$0$60.0M
Cash & short-term investments$887.6M$595.8M$526.5M$480.8M$380.4M$497.9M$314.1M$286.4M$262.0M$451.0M
Net debt−$753.6M−$452.1M−$371.3M−$339.7M−$202.6M−$355.4M−$171.2M−$286.4M−$262.0M−$391.0M
Debt / equity0.060.070.090.090.110.100.12—0.000.05
Debt / assets0.050.060.070.070.080.080.09—0.000.04
Net debt / EBITDA−1.37−0.91−0.90−1.04−0.47−1.24−0.68−1.63−0.75−1.02
Current ratio7.376.355.934.703.173.944.105.414.385.39
Quick ratio6.134.824.723.632.653.133.173.982.914.22
Interest coverage678.0457.0375.4277.3386.4224.4164.195.3227.688.1
Working capital$1.24B$1.04B$919.8M$801.5M$575.2M$628.9M$491.6M$509.4M$473.5M$631.9M
Invested capital$1.37B$1.50B$1.45B$1.32B$1.40B$1.03B$1.06B$853.9M$899.7M$760.7M
Tangible asset value$1.67B$1.49B$1.35B$1.18B$1.01B$1.08B$908.3M$786.2M$761.5M$729.7M
Net current asset value$1.07B$862.1M$691.6M$612.2M$316.4M$400.9M$287.3M$412.6M$345.3M$514.1M
Graham number$85.06$69.03$59.81$44.87$57.95$43.39$34.75$24.67$31.20$39.09
Graham net-net per share$15.50$9.59$6.20$5.32$1.80$3.74$2.32$4.01$2.61$5.46
Capital allocation
Dividends paid————————$0$0
Share buybacks (net)$318.0M$298.7M$205.0M$209.5M$190.2M$128.4M$138.3M$173.1M$193.6M$29.5M
Dividend payout ratio————————0.0%0.0%
Dividends + buybacks / free cash flow50.0%71.9%53.4%69.2%200.8%38.8%49.4%101.3%82.7%9.3%
Capex / revenue0.7%1.5%2.1%1.9%1.7%1.3%1.2%3.0%5.5%3.3%
Capex / operating cash flow2.2%6.5%8.9%10.8%24.1%5.2%5.3%17.3%26.5%13.9%
Capex / depreciation0.270.560.780.520.480.460.230.451.040.81
Stock-based compensation / revenue4.1%4.4%5.0%4.3%3.7%4.1%4.2%4.2%3.2%2.6%
R&D / revenue21.7%22.9%23.8%24.2%22.8%25.0%27.1%31.6%23.9%19.7%
SG&A / revenue8.0%8.0%8.1%8.1%8.5%9.3%10.2%10.7%8.6%8.3%
Efficiency
Days sales outstanding39.936.431.937.635.835.039.134.126.324.7
Days of inventory on hand104.5106.796.372.266.388.293.6115.088.472.4
Days payables outstanding27.824.128.638.246.449.938.136.734.034.0
Cash conversion cycle (days)116.5119.199.671.555.773.394.6112.480.763.2
Receivables turnover9.1610.0211.439.7110.2110.429.3310.7113.8814.76
Payables turnover13.1215.1612.749.567.867.319.579.9510.7410.74
Inventory turnover3.493.423.795.065.504.143.903.174.135.04
Asset turnover0.830.830.830.910.900.800.870.851.081.19
Average receivables$218.1M$189.2M$156.5M$195.4M$174.5M$131.4M$137.3M$110.7M$110.4M$104.3M
Average payables$71.9M$59.4M$68.5M$98.4M$109.1M$90.6M$63.4M$59.1M$71.8M$72.7M
Average inventory$270.0M$263.2M$230.3M$185.9M$155.8M$160.0M$155.7M$185.2M$186.8M$155.0M
Intangibles / total assets18.3%19.9%20.9%23.0%28.0%16.9%20.2%26.2%28.0%29.9%

Computed from CRUS's annual financial statements (latest annual report filed May 21, 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.

CRUS valuation and financial ratios

At the end of fiscal 2026 (March 31, 2026), Cirrus Logic traded at 18.3 times earnings, against a 10-year median of 18.6. Based on the latest twelve months, the trailing P/E is 13.1 and the forward P/E is 13.8. Cirrus Logic earned a return on equity of 20.3% and a return on invested capital of 26.7% in fiscal 2026. It ended the year with $134.0 million of debt and $887.6 million in cash and short-term investments, a net cash position of $753.6 million. It returned $318.0 million to shareholders: $0 in dividends and $318.0 million in share buybacks, 50% of free cash flow. The share count fell 21.3% from 66.6M to 52.4M over 9 years.

See the CRUS income statement, the CRUS chart for price history, or the CRUS stock overview for the latest quote and news.

CRUS key metrics FAQ

What is Cirrus Logic's P/E ratio?

Cirrus Logic's trailing P/E ratio is 13.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.8. At the end of fiscal 2026 it was 18.3, compared with a 10-year median of 18.6.

What is Cirrus Logic's EV/EBITDA?

Cirrus Logic's enterprise value was 12.4 times EBITDA at the end of fiscal 2026 (enterprise value $6.8 billion, EBITDA $549.9 million); the current EV/EBITDA is 9.4.

What is Cirrus Logic's return on equity?

Cirrus Logic's return on equity (ROE) was 20.3% in fiscal 2026: net income of $414.4 million on average shareholders' equity of $2.0 billion.

What is Cirrus Logic's ROIC?

Cirrus Logic's return on invested capital was 26.7% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Cirrus Logic have?

Cirrus Logic had total debt of $134.0 million at the end of fiscal 2026, a debt-to-equity ratio of 0.06 and more cash than debt.

Does Cirrus Logic buy back its shares?

Yes. Cirrus Logic spent $318.0 million on net share repurchases in fiscal 2026 Shares outstanding changed −5.2% over the year, to 52.4M..

What is Cirrus Logic's free cash flow yield?

Cirrus Logic generated $636.6 million of free cash flow in fiscal 2026, a free cash flow yield of 8.4% on its market value at year-end ($7.6 billion).

What is Cirrus Logic's current ratio?

Cirrus Logic's current ratio was 7.37 at the end of fiscal 2026: current assets were 7.37 times current liabilities.

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