Wolfspeed, Inc. (WOLF) Key Metrics

NYSE: WOLFValuation, returns, debt and efficiency ratios over 10 years.

WOLF valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$1.23B
Enterprise value
$2.14B
P/E (TTM)
—
Forward P/E
714.3
PEG ratio
2.55
Price / sales
1.8
Price / book
1.5
EV / EBITDA
12.3
Dividend yield
—
Beta
—

WOLF key metrics, FY2017–FY2026

Fiscal year ended June 30, 2026 · U.S. dollars

WOLF returns How much profit the business earns on the capital it uses.

Return on equity
1.8%
FY2026 · hover or tap a bar for each year
FY2017: −4.3% (−3.4 pts)FY2018: −13.1% (−8.8 pts)FY2019: −15.1% (−2.0 pts)FY2020: −9.3% (+5.7 pts)FY2021: −24.9% (−15.6 pts)FY2022: −8.8% (+16.1 pts)FY2023: −16.2% (−7.4 pts)FY2024: −69.0% (−52.8 pts)FY2026: 1.8%
FY2017FY2026
Return on invested capital+12.9 pts
−8.2%
FY2026 · hover or tap a bar for each year
FY2017: −1.2% (−1.6 pts)FY2018: 0.1% (+1.3 pts)FY2019: 0.7% (+0.6 pts)FY2020: −9.7% (−10.4 pts)FY2021: −9.6% (+0.1 pts)FY2022: −7.8% (+1.8 pts)FY2023: −9.6% (−1.8 pts)FY2024: −8.7% (+0.9 pts)FY2025: −21.2% (−12.5 pts)FY2026: −8.2% (+12.9 pts)
FY2017FY2026
Return on assets+21.8 pts
0.1%
FY2026 · hover or tap a bar for each year
FY2017: −3.6% (−2.8 pts)FY2018: −10.6% (−7.0 pts)FY2019: −11.3% (−0.7 pts)FY2020: −6.3% (+5.0 pts)FY2021: −15.7% (−9.4 pts)FY2022: −5.5% (+10.2 pts)FY2023: −6.3% (−0.8 pts)FY2024: −11.9% (−5.6 pts)FY2025: −21.7% (−9.8 pts)FY2026: 0.1% (+21.8 pts)
FY2017FY2026
Free cash flow margin+205.3 pts
−57.1%
FY2026 · hover or tap a bar for each year
FY2017: 8.8% (+3.6 pts)FY2018: −1.3% (−10.1 pts)FY2019: 5.5% (+6.9 pts)FY2020: −55.0% (−60.5 pts)FY2021: −132.4% (−77.4 pts)FY2022: −139.1% (−6.7 pts)FY2023: −144.6% (−5.5 pts)FY2024: −372.3% (−227.7 pts)FY2025: −262.5% (+109.9 pts)FY2026: −57.1% (+205.3 pts)
FY2017FY2026
Asset turnover+32.1%
0.13
FY2026 · hover or tap a bar for each year
FY2017: 0.54 (−6.9%)FY2018: 0.35 (−35.7%)FY2019: 0.40 (+13.2%)FY2020: 0.16 (−60.7%)FY2021: 0.16 (+1.1%)FY2022: 0.16 (−1.3%)FY2023: 0.14 (−7.0%)FY2024: 0.11 (−23.3%)FY2025: 0.10 (−7.8%)FY2026: 0.13 (+32.1%)
FY2017FY2026

WOLF valuation history

Fiscal year-endToday10-year median

WOLF returns on capital

ROEROICROA

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

WOLF debt vs cash

Total debtCash & short-term investments

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

WOLF cash returned to shareholders

DividendsBuybacksFree cash flow

WOLF price vs earnings per share

Share price at year-endEPS (right axis)

WOLF key metrics

FY2017–FY2026
Wolfspeed, Inc. key metrics by fiscal year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Valuation
Market capitalization$1.89B—————————
Enterprise value$2.59B—————————
P/E ratio428.7—————————
Price / sales2.8—————————
Price / book2.0—————————
EV / sales3.9—————————
EV / EBITDA7.9—————————
Earnings yield0.2%—————————
Free cash flow yield−20.2%—————————
Share price at fiscal year-end$48.25—————————
Per share
Revenue per share$17.01$16.05$6.42$18.26$14.26$14.01$13.06$31.22$27.82$44.78
Earnings per share$0.11−$34.09−$6.88−$7.94−$5.01−$13.96−$5.32−$8.93−$8.42−$2.98
Operating cash flow per share−$5.20−$15.08−$5.77−$3.43−$3.84−$3.34−$0.80$5.85$5.22$6.56
Free cash flow per share−$9.72−$42.13−$23.91−$26.41−$19.84−$18.55−$7.18$1.73−$0.37$3.92
Cash per share$27.85$22.40$17.30$71.13$29.88$30.77$34.39$30.39$11.64$18.57
Book value per share$23.79−$9.47$7.02$39.04$60.80$56.40$57.78$58.86$62.18$67.57
Tangible book value per share$13.76−$9.98$3.97$29.82$48.72$43.09$43.73$37.82$39.75$40.42
Capex per share$4.52$27.05$18.14$22.98$15.99$15.20$6.38$4.12$5.59$2.64
Debt per share$45.95$138.70$49.09$100.74$25.72$22.88$22.71$13.56$8.78$4.41
Shares outstanding39.1M47.2M125.7M41.5M40.1M37.5M36.1M34.6M33.2M32.9M
Change in shares outstanding−17.2%−62.4%+202.6%+3.5%+6.9%+4.1%+4.2%+4.1%+1.1%−3.2%
Returns & profitability
Return on equity (ROE)1.8%—−69.0%−16.2%−8.8%−24.9%−9.3%−15.1%−13.1%−4.3%
Return on invested capital (ROIC)−8.2%−21.2%−8.7%−9.6%−7.8%−9.6%−9.7%0.7%0.1%−1.2%
Return on assets (ROA)0.1%−21.7%−11.9%−6.3%−5.5%−15.7%−6.3%−11.3%−10.6%−3.6%
Return on tangible assets0.2%−23.6%−11.4%−5.3%−5.9%−17.8%−7.0%−14.8%−14.8%−5.6%
Free cash flow margin−57.1%−262.5%−372.3%−144.6%−139.1%−132.4%−55.0%5.5%−1.3%8.8%
Income quality (OCF / net income)−46.18—————————
Financial health
Total debt$1.80B$6.55B$6.17B$4.18B$1.03B$858.6M$818.6M$469.1M$292.0M$145.0M
Cash & short-term investments$1.09B$1.06B$2.17B$2.95B$1.20B$1.15B$1.24B$1.05B$387.1M$610.9M
Net debt$707.6M$5.49B$4.00B$1.23B−$167.1M−$296.0M−$421.1M−$582.3M−$95.1M−$465.9M
Debt / equity1.93—7.002.580.420.410.390.230.140.07
Debt / assets0.600.960.770.640.260.250.250.170.110.05
Net debt / EBITDA2.15——————−4.22−0.84−3.82
Current ratio6.860.364.515.744.543.295.475.273.585.19
Quick ratio5.850.293.825.283.942.925.054.572.973.85
Interest coverage-3.6-4.2-1.7-7.3-8.1-4.7-5.51.30.3—
Working capital$1.36B−$4.55B$2.33B$2.98B$1.37B$1.03B$1.30B$1.14B$641.8M$888.6M
Invested capital$1.64B$5.04B$4.88B$2.85B$2.27B$1.82B$1.66B$1.45B$1.97B$1.76B
Tangible asset value$538.0M−$470.9M$499.0M$1.24B$1.95B$1.62B$1.58B$1.31B$1.33B$1.33B
Net current asset value−$485.3M−$4.76B−$4.10B−$1.36B$284.2M$148.4M$451.0M$637.1M$324.7M$673.6M
Graham number$7.76—————————
Graham net-net per share−$18.61−$113.44−$35.65−$40.12$1.43−$0.42$6.05$13.48−$1.09$13.48
Capital allocation
Share buybacks (net)—————————$104.0M
Dividends + buybacks / free cash flow—————————80.7%
Capex / revenue26.6%168.5%282.4%125.8%112.1%108.5%48.8%13.2%20.1%5.9%
Capex / operating cash flow———————70.4%107.0%40.3%
Capex / depreciation1.045.0612.606.565.754.722.371.161.660.58
Stock-based compensation / revenue—9.7%10.5%9.6%9.4%10.1%10.0%4.0%4.1%3.2%
R&D / revenue16.8%23.1%25.0%21.8%24.9%33.8%32.3%14.6%13.8%10.8%
SG&A / revenue21.3%34.0%30.5%29.8%33.2%34.6%—18.6%30.2%18.8%
Efficiency
Days sales outstanding294.6282.8125.3134.8126.763.080.736.848.440.7
Days of inventory on hand139.4189.4187.6184.0199.3140.2172.887.8127.4103.8
Days payables outstanding9.817.424.536.451.164.399.941.258.946.9
Cash conversion cycle (days)424.3454.8288.3282.4274.9138.9153.683.4116.897.6
Receivables turnover1.241.292.912.712.885.804.529.927.558.97
Payables turnover37.3821.0314.9110.047.145.683.658.866.207.79
Inventory turnover2.621.931.951.981.832.602.114.162.873.52
Asset turnover0.130.100.110.140.160.160.160.400.350.54
Average receivables$536.9M$586.9M$277.0M$280.1M$198.7M$90.7M$104.0M$108.9M$122.6M$164.2M
Average payables$24.0M$41.8M$49.0M$51.4M$51.0M$66.2M$89.4M$79.5M$100.8M$132.7M
Average inventory$342.7M$456.2M$375.0M$259.9M$198.8M$144.2M$154.7M$169.5M$218.0M$294.0M
Intangibles / total assets13.1%0.3%4.8%5.8%12.4%14.5%15.7%25.8%28.3%33.7%

Computed from WOLF's annual financial statements (latest annual report filed August 20, 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.

WOLF valuation and financial ratios

At the end of fiscal 2026 (June 30, 2026), Wolfspeed traded at 428.7 times earnings. Wolfspeed earned a return on equity of 1.8% and a return on invested capital of −8.2% in fiscal 2026. It ended the year with $1.8 billion of debt and $1.1 billion in cash and short-term investments, net debt of $707.6 million. The share count rose 18.8% from 32.9M to 39.1M over 9 years.

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

WOLF key metrics FAQ

What is Wolfspeed's P/E ratio?

Wolfspeed traded at 428.7 times earnings at the end of fiscal 2026.

What is Wolfspeed's EV/EBITDA?

Wolfspeed's enterprise value was 7.9 times EBITDA at the end of fiscal 2026 (enterprise value $2.6 billion, EBITDA $329.2 million); the current EV/EBITDA is 12.3.

What is Wolfspeed's return on equity?

Wolfspeed's return on equity (ROE) was 1.8% in fiscal 2026: net income of $4.4 million on average shareholders' equity of $241.6 million.

What is Wolfspeed's ROIC?

Wolfspeed's return on invested capital was −8.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Wolfspeed have?

Wolfspeed had total debt of $1.8 billion at the end of fiscal 2026, a debt-to-equity ratio of 1.93 and $707.6 million of net debt (2.15 times EBITDA).

What is Wolfspeed's free cash flow yield?

Wolfspeed generated -$380.1 million of free cash flow in fiscal 2026, a free cash flow yield of −20.2% on its market value at year-end ($1.9 billion).

What is Wolfspeed's current ratio?

Wolfspeed's current ratio was 6.86 at the end of fiscal 2026: current assets were 6.86 times current liabilities.

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