NVIDIA Corporation (NVDA) Key Metrics
NVDA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $5.17T
- Enterprise value
- $5.42T
- P/E (TTM)
- 27.1 10-yr median 51.3
- Forward P/E
- 24.9
- PEG ratio
- 0.48
- Price / sales
- 17.1 10-yr median 18.9
- Price / book
- 23.8 10-yr median 21.5
- EV / EBITDA
- 23.2 10-yr median 41.6
- Dividend yield
- 0.47% $1.00 a year
- Beta
- 2.22
NVDA key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsNVDA valuation Price multiples at each fiscal year-end price.
NVDA returns How much profit the business earns on the capital it uses.
NVDA per-share figures Results divided by the shares outstanding at year-end.
NVDA financial health Debt, liquidity and how easily interest is covered.
NVDA efficiency & capital use Working capital cycle and where the cash goes.
NVDA valuation history
NVDA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NVDA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NVDA cash returned to shareholders
NVDA price vs earnings per share
NVDA key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.69T | $2.98T | $1.53T | $489.79B | $620.72B | $326.30B | $146.11B | $89.84B | $155.35B | $70.86B |
| Enterprise value | $4.63T | $2.95T | $1.52T | $488.35B | $611.20B | $322.34B | $137.77B | $84.50B | $150.24B | $66.88B |
| P/E ratio | 39.0 | 40.9 | 51.6 | 112.1 | 63.7 | 75.3 | 52.3 | 21.7 | 51.0 | 42.5 |
| Price / sales | 21.7 | 22.8 | 25.2 | 18.2 | 23.1 | 19.6 | 13.4 | 7.7 | 16.0 | 10.3 |
| Price / book | 29.8 | 37.5 | 35.7 | 22.2 | 23.3 | 19.3 | 12.0 | 9.6 | 20.8 | 12.3 |
| Price / free cash flow | 48.5 | 48.9 | 56.8 | 128.6 | 76.3 | 69.5 | 34.2 | 28.6 | 53.4 | 47.4 |
| Price / operating cash flow | 45.6 | 46.5 | 54.6 | 86.8 | 68.2 | 56.0 | 30.7 | 24.0 | 44.4 | 42.4 |
| EV / sales | 21.5 | 22.6 | 24.9 | 18.1 | 22.7 | 19.3 | 12.6 | 7.2 | 15.5 | 9.7 |
| EV / EBITDA | 32.1 | 34.2 | 42.7 | 81.6 | 53.8 | 56.6 | 40.5 | 20.0 | 43.5 | 31.1 |
| EV / free cash flow | 47.9 | 48.4 | 56.2 | 128.2 | 75.2 | 68.7 | 32.2 | 26.9 | 51.6 | 44.7 |
| Earnings yield | 2.6% | 2.4% | 1.9% | 0.9% | 1.6% | 1.3% | 1.9% | 4.6% | 2.0% | 2.4% |
| Free cash flow yield | 2.1% | 2.0% | 1.8% | 0.8% | 1.3% | 1.4% | 2.9% | 3.5% | 1.9% | 2.1% |
| Dividend yield | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.3% | 0.4% | 0.2% | 0.4% |
| Shareholder yield (dividends + buybacks) | 0.9% | 1.2% | 0.6% | 2.1% | 0.4% | 0.4% | 1.3% | 2.2% | 0.8% | 1.4% |
| Share price at fiscal year-end | $191.13 | $120.07 | $61.53 | $19.54 | $24.49 | $12.99 | $5.91 | $3.59 | $6.14 | $2.73 |
| Per share | ||||||||||
| Revenue per share | $8.81 | $5.26 | $2.44 | $1.08 | $1.06 | $0.66 | $0.44 | $0.47 | $0.38 | $0.27 |
| Earnings per share | $4.90 | $2.94 | $1.19 | $0.17 | $0.38 | $0.17 | $0.11 | $0.17 | $0.12 | $0.06 |
| Operating cash flow per share | $4.19 | $2.58 | $1.13 | $0.23 | $0.36 | $0.23 | $0.19 | $0.15 | $0.14 | $0.06 |
| Free cash flow per share | $3.94 | $2.45 | $1.08 | $0.15 | $0.32 | $0.19 | $0.17 | $0.13 | $0.12 | $0.06 |
| Cash per share | $2.55 | $1.74 | $1.04 | $0.53 | $0.84 | $0.46 | $0.44 | $0.30 | $0.28 | $0.26 |
| Book value per share | $6.42 | $3.20 | $1.72 | $0.88 | $1.05 | $0.67 | $0.49 | $0.37 | $0.30 | $0.22 |
| Tangible book value per share | $5.43 | $2.96 | $1.50 | $0.64 | $0.79 | $0.40 | $0.47 | $0.35 | $0.27 | $0.19 |
| Dividends per share | $0.04 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 |
| Capex per share | $0.25 | $0.13 | $0.04 | $0.07 | $0.04 | $0.04 | $0.02 | $0.02 | $0.02 | $0.01 |
| Debt per share | $0.47 | $0.41 | $0.44 | $0.47 | $0.46 | $0.30 | $0.10 | $0.08 | $0.08 | $0.11 |
| Shares outstanding | 24.51B | 24.80B | 24.94B | 25.07B | 25.35B | 25.12B | 24.72B | 25.00B | 25.28B | 25.96B |
| Change in shares outstanding | −1.2% | −0.5% | −0.5% | −1.1% | +0.9% | +1.6% | −1.1% | −1.1% | −2.6% | +14.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 101.5% | 119.2% | 91.5% | 17.9% | 44.8% | 29.8% | 26.0% | 49.3% | 46.1% | 32.6% |
| Return on invested capital (ROIC) | 145.1% | 189.8% | 119.1% | 22.4% | 65.6% | 53.0% | 68.2% | 119.6% | 147.7% | 124.3% |
| Return on assets (ROA) | 75.4% | 82.2% | 55.7% | 10.2% | 26.7% | 18.8% | 18.3% | 33.8% | 28.9% | 19.4% |
| Return on tangible assets | 65.7% | 69.0% | 49.4% | 12.4% | 26.0% | 19.8% | 16.8% | 32.8% | 28.8% | 18.3% |
| Free cash flow margin | 44.8% | 46.6% | 44.4% | 14.1% | 30.2% | 28.1% | 39.1% | 26.8% | 29.9% | 21.6% |
| Income quality (OCF / net income) | 0.86 | 0.88 | 0.94 | 1.29 | 0.93 | 1.34 | 1.70 | 0.90 | 1.15 | 1.00 |
| Financial health | ||||||||||
| Total debt | $11.41B | $10.27B | $11.06B | $11.86B | $11.69B | $7.60B | $2.55B | $2.08B | $2.00B | $2.82B |
| Cash & short-term investments | $62.56B | $43.21B | $25.98B | $13.30B | $21.21B | $11.56B | $10.90B | $7.42B | $7.11B | $6.80B |
| Net debt | −$51.14B | −$32.94B | −$14.93B | −$1.44B | −$9.52B | −$3.96B | −$8.35B | −$5.34B | −$5.11B | −$3.98B |
| Debt / equity | 0.07 | 0.13 | 0.26 | 0.54 | 0.44 | 0.45 | 0.21 | 0.22 | 0.27 | 0.49 |
| Debt / assets | 0.06 | 0.09 | 0.17 | 0.29 | 0.26 | 0.26 | 0.15 | 0.16 | 0.18 | 0.29 |
| Net debt / EBITDA | −0.35 | −0.38 | −0.42 | −0.24 | −0.84 | −0.70 | −2.45 | −1.27 | −1.48 | −1.85 |
| Current ratio | 3.91 | 4.44 | 4.17 | 3.52 | 6.65 | 4.09 | 7.67 | 7.94 | 8.03 | 4.69 |
| Quick ratio | 3.24 | 3.88 | 3.67 | 2.73 | 6.05 | 3.63 | 7.12 | 6.76 | 7.34 | 4.26 |
| Interest coverage | 503.4 | 329.8 | 128.3 | 16.1 | 42.5 | 24.6 | 54.7 | 65.6 | 52.6 | 33.3 |
| Working capital | $93.44B | $62.08B | $33.71B | $16.51B | $24.49B | $12.13B | $11.91B | $9.23B | $8.10B | $6.72B |
| Invested capital | $106.15B | $46.39B | $28.05B | $20.66B | $17.09B | $12.93B | $3.86B | $4.00B | $2.36B | $1.78B |
| Tangible asset value | $133.16B | $73.33B | $37.44B | $16.05B | $19.92B | $9.96B | $11.54B | $8.68B | $6.80B | $5.04B |
| Net current asset value | $76.09B | $47.85B | $21.59B | $3.99B | $11.25B | $4.16B | $8.58B | $6.61B | $5.49B | $4.46B |
| Graham number | $26.59 | $14.54 | $6.80 | $1.86 | $3.01 | $1.62 | $1.12 | $1.18 | $0.90 | $0.57 |
| Graham net-net per share | $2.15 | $1.34 | $0.54 | −$0.01 | $0.33 | $0.10 | $0.30 | $0.21 | $0.19 | $0.14 |
| Capital allocation | ||||||||||
| Dividends paid | $974.0M | $834.0M | $395.0M | $398.0M | $399.0M | $395.0M | $390.0M | $371.0M | $341.0M | $261.0M |
| Share buybacks (net) | $40.09B | $33.71B | $9.53B | $10.04B | $1.90B | $942.0M | $1.58B | $1.58B | $909.0M | $739.0M |
| Dividend payout ratio | 0.8% | 1.1% | 1.3% | 9.1% | 4.1% | 9.1% | 13.9% | 9.0% | 11.2% | 15.7% |
| Dividends + buybacks / free cash flow | 42.5% | 56.8% | 36.7% | 274.1% | 28.3% | 28.5% | 46.1% | 62.0% | 43.0% | 66.8% |
| Capex / revenue | 2.8% | 2.5% | 1.8% | 6.8% | 3.6% | 6.8% | 4.5% | 5.1% | 6.1% | 2.5% |
| Capex / operating cash flow | 5.9% | 5.0% | 3.8% | 32.5% | 10.7% | 19.4% | 10.3% | 16.0% | 16.9% | 10.5% |
| Capex / depreciation | 2.13 | 1.74 | 0.71 | 1.19 | 0.83 | 1.03 | 1.28 | 2.29 | 2.98 | 0.94 |
| Stock-based compensation / revenue | 3.0% | 3.6% | 5.8% | 10.0% | 7.4% | 8.4% | 7.7% | 4.8% | 4.0% | 3.6% |
| R&D / revenue | 8.6% | 9.9% | 14.2% | 27.2% | 19.6% | 23.5% | 25.9% | 20.3% | 18.5% | 21.2% |
| SG&A / revenue | 2.1% | 2.7% | 4.4% | 9.0% | 8.0% | 11.6% | 10.0% | 8.5% | 8.4% | 9.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 52.0 | 46.2 | 41.4 | 57.4 | 48.0 | 44.7 | 51.5 | 41.9 | 39.3 | 35.2 |
| Days of inventory on hand | 92.0 | 85.9 | 114.6 | 122.0 | 85.7 | 81.5 | 112.3 | 95.2 | 74.6 | 77.7 |
| Days payables outstanding | 47.1 | 50.4 | 42.7 | 46.7 | 57.7 | 54.9 | 52.7 | 44.5 | 50.7 | 50.1 |
| Cash conversion cycle (days) | 96.9 | 81.8 | 113.3 | 132.6 | 76.0 | 71.4 | 111.1 | 92.6 | 63.2 | 62.8 |
| Receivables turnover | 7.02 | 7.89 | 8.81 | 6.36 | 7.60 | 8.16 | 7.09 | 8.71 | 9.29 | 10.38 |
| Payables turnover | 7.75 | 7.25 | 8.54 | 7.81 | 6.33 | 6.65 | 6.93 | 8.21 | 7.20 | 7.29 |
| Inventory turnover | 3.97 | 4.25 | 3.18 | 2.99 | 4.26 | 4.48 | 3.25 | 3.83 | 4.90 | 4.70 |
| Asset turnover | 1.36 | 1.47 | 1.14 | 0.63 | 0.74 | 0.72 | 0.71 | 0.96 | 0.92 | 0.80 |
| Average receivables | $30.77B | $16.53B | $6.91B | $4.24B | $3.54B | $2.04B | $1.54B | $1.34B | $1.05B | $665.5M |
| Average payables | $8.06B | $4.50B | $1.95B | $1.49B | $1.49B | $944.0M | $599.0M | $553.5M | $540.5M | $390.5M |
| Average inventory | $15.74B | $7.68B | $5.22B | $3.88B | $2.22B | $1.40B | $1.28B | $1.19B | $795.0M | $606.0M |
| Intangibles / total assets | 11.7% | 5.4% | 8.4% | 14.7% | 15.1% | 24.1% | 3.9% | 5.0% | 6.0% | 7.3% |
Computed from NVDA's annual financial statements (latest annual report filed February 25, 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.
NVDA valuation and financial ratios
At the end of fiscal 2026 (January 31, 2026), NVIDIA traded at 39.0 times earnings, against a 10-year median of 51.3. Based on the latest twelve months, the trailing P/E is 27.1 and the forward P/E is 24.9. NVIDIA earned a return on equity of 101.5% and a return on invested capital of 145.1% in fiscal 2026. It ended the year with $11.4 billion of debt and $62.6 billion in cash and short-term investments, a net cash position of $51.1 billion. It returned $41.1 billion to shareholders: $974.0 million in dividends and $40.1 billion in share buybacks, 42% of free cash flow. The share count fell 5.6% from 25.96B to 24.51B over 9 years.
See the NVDA income statement, the NVDA chart for price history, or the NVDA stock overview for the latest quote and news.
NVDA key metrics FAQ
What is NVIDIA's P/E ratio?
NVIDIA's trailing P/E ratio is 27.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 24.9. At the end of fiscal 2026 it was 39.0, compared with a 10-year median of 51.3.
What is NVIDIA's EV/EBITDA?
NVIDIA's enterprise value was 32.1 times EBITDA at the end of fiscal 2026 (enterprise value $4.63 trillion, EBITDA $144.6 billion); the current EV/EBITDA is 23.2.
What is NVIDIA's return on equity?
NVIDIA's return on equity (ROE) was 101.5% in fiscal 2026: net income of $120.1 billion on average shareholders' equity of $118.3 billion. ROE is high partly because years of buybacks have reduced equity on the balance sheet.
What is NVIDIA's ROIC?
NVIDIA's return on invested capital was 145.1% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does NVIDIA have?
NVIDIA had total debt of $11.4 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.07 and more cash than debt.
What is NVIDIA's dividend yield?
NVIDIA's forward dividend yield is 0.47%. NVIDIA paid $974.0 million in dividends in fiscal 2026 ($0.04 per share), a payout ratio of 0.8%.
Does NVIDIA buy back its shares?
Yes. NVIDIA spent $40.1 billion on net share repurchases in fiscal 2026 Shares outstanding changed −1.2% over the year, to 24.51B..
What is NVIDIA's free cash flow yield?
NVIDIA generated $96.7 billion of free cash flow in fiscal 2026, a free cash flow yield of 2.1% on its market value at year-end ($4.69 trillion).
What is NVIDIA's current ratio?
NVIDIA's current ratio was 3.91 at the end of fiscal 2026: current assets were 3.91 times current liabilities.