Power Integrations, Inc. (POWI) Key Metrics

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

POWI valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$2.49B
Enterprise value
$2.61B
P/E (TTM)
101.1
10-yr median 56.0
Forward P/E
25.0
PEG ratio
1.51
Price / sales
5.5
10-yr median 6.7
Price / book
4.2
10-yr median 4.4
EV / EBITDA
54.8
10-yr median 29.9
Dividend yield
1.93%
$0.86 a year
Beta
1.53

POWI key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

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

P/E ratio−17.1%
90.6
2025 · hover or tap a bar for each year
2016: 42.0 (+13.8%)2017: 81.4 (+93.9%)2018: 26.3 (−67.7%)2019: 15.2 (−42.0%)2020: 70.0 (+359.1%)2021: 34.7 (−50.4%)2022: 24.5 (−29.4%)2023: 84.9 (+246.4%)2024: 109.4 (+28.8%)2025: 90.6 (−17.1%)
20162025
Price / sales−46.4%
4.5
2025 · hover or tap a bar for each year
2016: 5.2 (+23.6%)2017: 5.2 (+0.3%)2018: 4.4 (−15.1%)2019: 7.0 (+58.6%)2020: 10.2 (+45.5%)2021: 8.1 (−20.4%)2022: 6.4 (−20.8%)2023: 10.6 (+65.5%)2024: 8.4 (−21.0%)2025: 4.5 (−46.4%)
20162025
Price / book−36.7%
3.0
2025 · hover or tap a bar for each year
2016: 4.1 (+22.2%)2017: 4.1 (−0.4%)2018: 3.5 (−15.0%)2019: 4.1 (+16.7%)2020: 6.1 (+51.0%)2021: 6.3 (+1.9%)2022: 5.5 (−11.5%)2023: 6.3 (+13.5%)2024: 4.7 (−25.3%)2025: 3.0 (−36.7%)
20162025
EV / EBITDA−28.2%
35.8
2025 · hover or tap a bar for each year
2016: 24.3 (+19.5%)2017: 23.9 (−1.6%)2018: 20.2 (−15.7%)2019: 35.2 (+74.3%)2020: 46.1 (+31.0%)2021: 24.6 (−46.5%)2022: 17.4 (−29.3%)2023: 126.6 (+626.3%)2024: 49.8 (−60.7%)2025: 35.8 (−28.2%)
20162025
Price / free cash flow−58.4%
23.0
2025 · hover or tap a bar for each year
2016: 23.4 (+14.4%)2017: 45.3 (+93.4%)2018: 31.5 (−30.6%)2019: 14.8 (−53.0%)2020: 90.5 (+511.7%)2021: 31.1 (−65.6%)2022: 23.8 (−23.6%)2023: 105.4 (+343.6%)2024: 55.2 (−47.7%)2025: 23.0 (−58.4%)
20162025
Free cash flow yield+2.5 pts
4.4%
2025 · hover or tap a bar for each year
2016: 4.3% (−0.6 pts)2017: 2.2% (−2.1 pts)2018: 3.2% (+1.0 pts)2019: 6.8% (+3.6 pts)2020: 1.1% (−5.7 pts)2021: 3.2% (+2.1 pts)2022: 4.2% (+1.0 pts)2023: 0.9% (−3.3 pts)2024: 1.8% (+0.9 pts)2025: 4.4% (+2.5 pts)
20162025

POWI valuation history

Fiscal year-endToday10-year median

POWI returns on capital

ROEROICROA

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

POWI debt vs cash

Total debtCash & short-term investments

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

POWI cash returned to shareholders

DividendsBuybacksFree cash flow

POWI price vs earnings per share

Share price at year-endEPS (right axis)

POWI key metrics

2016–2025
Power Integrations, Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$2.00B$3.52B$4.73B$4.19B$5.71B$4.98B$2.95B$1.84B$2.25B$2.01B
Enterprise value$1.75B$3.25B$4.44B$3.85B$5.20B$4.54B$2.55B$1.61B$1.96B$1.76B
P/E ratio90.6109.484.924.534.770.015.226.381.442.0
Price / sales4.58.410.66.48.110.27.04.45.25.2
Price / book3.04.76.35.56.36.14.13.54.14.1
Price / free cash flow23.055.2105.423.831.190.514.831.545.323.4
Price / operating cash flow18.043.471.919.424.739.613.121.927.420.5
EV / sales4.07.810.05.97.49.36.13.94.54.5
EV / EBITDA35.849.8126.617.424.646.135.220.223.924.3
EV / free cash flow20.150.998.921.828.382.512.827.639.620.5
Earnings yield1.1%0.9%1.2%4.1%2.9%1.4%6.6%3.8%1.2%2.4%
Free cash flow yield4.4%1.8%0.9%4.2%3.2%1.1%6.8%3.2%2.2%4.3%
Dividend yield2.4%1.3%0.9%1.0%0.6%0.5%0.7%1.0%0.7%0.7%
Shareholder yield (dividends + buybacks)7.3%2.1%2.1%8.4%1.9%0.6%0.9%6.6%1.1%1.1%
Share price at fiscal year-end$35.54$61.70$82.11$71.72$92.89$81.86$49.45$30.49$36.77$33.92
Per share
Revenue per share$7.87$7.33$7.71$11.16$11.44$8.03$7.05$6.90$7.07$6.54
Earnings per share$0.39$0.56$0.97$2.93$2.67$1.17$3.24$1.16$0.45$0.81
Operating cash flow per share$1.98$1.42$1.14$3.69$3.76$2.06$3.76$1.39$1.34$1.65
Free cash flow per share$1.55$1.12$0.78$3.02$2.99$0.90$3.34$0.97$0.81$1.45
Cash per share$4.43$5.25$5.41$6.06$8.63$7.38$6.89$3.79$4.63$4.23
Book value per share$11.95$13.12$13.05$12.94$14.84$13.32$12.15$8.74$8.97$8.24
Tangible book value per share$10.13$11.32$11.38$11.25$13.20$11.60$10.33$6.87$7.05$6.16
Dividends per share$0.84$0.81$0.76$0.71$0.53$0.41$0.34$0.31$0.27$0.25
Capex per share$0.43$0.30$0.36$0.67$0.77$1.16$0.42$0.42$0.53$0.21
Debt per share—$0.49$0.30$0.25$0.32$0.16$0.15—$0.00$0.00
Shares outstanding56.3M57.1M57.6M58.4M61.5M60.8M59.6M60.3M61.1M59.2M
Change in shares outstanding−1.4%−0.9%−1.3%−5.0%+1.0%+2.0%−1.1%−1.3%+3.1%−0.3%
Returns & profitability
Return on equity (ROE)3.1%4.3%7.4%20.5%19.1%9.3%30.9%13.0%5.3%10.4%
Return on invested capital (ROIC)4.8%3.8%8.0%41.1%42.3%19.2%60.8%19.8%11.5%19.0%
Return on assets (ROA)2.8%3.9%6.7%18.4%17.1%8.3%27.8%11.6%4.7%9.2%
Return on tangible assets3.3%4.4%7.7%23.0%18.0%8.9%27.8%14.7%5.5%11.1%
Free cash flow margin19.6%15.3%10.1%27.0%26.1%11.3%47.4%14.0%11.5%22.1%
Income quality (OCF / net income)5.052.521.181.261.401.771.161.202.972.04
Financial health
Total debt—$28.2M$17.3M$14.6M$19.8M$10.0M$9.0M—$0$0
Cash & short-term investments$249.5M$300.0M$311.6M$353.8M$530.4M$449.2M$411.1M$228.6M$282.9M$250.5M
Net debt−$249.5M−$271.8M−$294.2M−$339.3M−$510.6M−$439.2M−$402.1M−$228.6M−$282.9M−$250.5M
Debt / equity—0.040.020.020.020.010.01—0.000.00
Debt / assets—0.030.020.020.020.010.01—0.000.00
Net debt / EBITDA−5.09−4.16−8.39−1.54−2.42−4.45−5.55−2.86−3.45−3.46
Current ratio6.519.2910.478.999.509.6210.726.877.145.32
Quick ratio4.146.307.136.678.127.978.935.206.024.44
Interest coverage———59.9162.514.80.7———
Working capital$388.0M$458.7M$462.7M$466.7M$614.5M$538.7M$490.9M$284.1M$313.5M$258.6M
Invested capital$423.3M$478.0M$458.0M$416.0M$401.5M$371.2M$322.4M$298.5M$264.8M$237.6M
Tangible asset value$570.3M$646.4M$656.0M$656.8M$811.2M$706.1M$615.8M$414.1M$430.4M$364.8M
Net current asset value$359.0M$435.0M$444.0M$440.2M$584.4M$508.3M$462.0M$270.8M$291.1M$251.3M
Graham number$10.27$12.91$16.86$29.19$29.88$18.72$29.78$15.11$9.55$12.24
Graham net-net per share$4.39$5.67$5.84$6.04$8.29$7.14$6.63$3.58$4.10$3.63
Capital allocation
Dividends paid$47.2M$46.0M$44.0M$41.5M$32.6M$25.1M$20.5M$18.8M$16.6M$15.1M
Share buybacks (net)$98.1M$27.9M$55.3M$311.1M$73.9M$2.6M$7.3M$103.2M$9.2M$6.4M
Dividend payout ratio213.5%142.8%79.0%24.3%19.8%35.2%10.6%26.9%60.2%31.4%
Dividends + buybacks / free cash flow166.7%115.7%221.3%200.2%58.0%50.4%13.9%208.9%52.1%25.1%
Capex / revenue5.5%4.1%4.7%6.0%6.7%14.5%6.0%6.1%7.5%3.1%
Capex / operating cash flow21.9%21.3%31.8%18.2%20.5%56.2%11.2%30.5%39.6%12.5%
Capex / depreciation0.870.500.561.051.352.511.031.061.330.52
Stock-based compensation / revenue8.9%8.4%6.4%3.4%5.3%6.3%5.5%5.2%5.7%5.4%
R&D / revenue22.8%24.1%21.6%14.4%12.1%16.7%17.5%17.0%15.9%16.1%
SG&A / revenue24.9%25.3%22.0%14.0%14.3%18.7%8.9%18.8%19.8%20.3%
Efficiency
Days sales outstanding18.718.214.617.920.422.515.312.210.27.1
Days of inventory on hand300.6308.9252.8150.7107.7144.1150.8125.191.897.2
Days payables outstanding57.652.847.847.441.846.351.958.852.747.8
Cash conversion cycle (days)261.7274.4219.5121.286.3120.3114.278.649.356.5
Receivables turnover19.5320.0225.0420.4317.8516.2323.8029.8535.8851.35
Payables turnover6.336.917.637.708.747.887.036.216.937.64
Inventory turnover1.211.181.442.423.392.532.422.923.983.76
Asset turnover0.550.510.540.700.730.570.600.690.730.74
Average receivables$22.7M$20.9M$17.8M$31.9M$39.4M$30.1M$17.7M$13.9M$12.0M$7.5M
Average payables$31.9M$28.1M$28.2M$36.9M$39.2M$31.1M$29.5M$32.4M$31.5M$25.7M
Average inventory$166.2M$164.4M$149.3M$117.3M$101.1M$96.6M$85.6M$69.0M$54.8M$52.2M
Intangibles / total assets13.3%12.5%11.7%11.7%9.9%11.6%13.5%19.2%18.9%22.2%

Computed from POWI's annual financial statements (latest annual report filed February 6, 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.

POWI valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Power Integrations traded at 90.6 times earnings, against a 10-year median of 56.0. Based on the latest twelve months, the trailing P/E is 101.1 and the forward P/E is 25.0. Power Integrations earned a return on equity of 3.1% and a return on invested capital of 4.8% in fiscal 2025. It returned $145.3 million to shareholders: $47.2 million in dividends and $98.1 million in share buybacks, 167% of free cash flow. The share count fell 4.9% from 59.2M to 56.3M over 9 years.

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

POWI key metrics FAQ

What is Power Integrations's P/E ratio?

Power Integrations's trailing P/E ratio is 101.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 25.0. At the end of fiscal 2025 it was 90.6, compared with a 10-year median of 56.0.

What is Power Integrations's EV/EBITDA?

Power Integrations's enterprise value was 35.8 times EBITDA at the end of fiscal 2025 (enterprise value $1.8 billion, EBITDA $49.0 million); the current EV/EBITDA is 54.8.

What is Power Integrations's return on equity?

Power Integrations's return on equity (ROE) was 3.1% in fiscal 2025: net income of $22.1 million on average shareholders' equity of $711.3 million.

What is Power Integrations's ROIC?

Power Integrations's return on invested capital was 4.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

What is Power Integrations's dividend yield?

Power Integrations's forward dividend yield is 1.93%. Power Integrations paid $47.2 million in dividends in fiscal 2025 ($0.84 per share), a payout ratio of 213.5%.

Does Power Integrations buy back its shares?

Yes. Power Integrations spent $98.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.4% over the year, to 56.3M..

What is Power Integrations's free cash flow yield?

Power Integrations generated $87.1 million of free cash flow in fiscal 2025, a free cash flow yield of 4.4% on its market value at year-end ($2.0 billion).

What is Power Integrations's current ratio?

Power Integrations's current ratio was 6.51 at the end of fiscal 2025: current assets were 6.51 times current liabilities.

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