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Qorvo Inc
NASDAQ:QRVO

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Qorvo Inc
NASDAQ:QRVO
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Price: 83.77 USD 1.27% Market Closed
Market Cap: $7.7B

Operating Margin

13.2%
Current
Improving
by 5.7%
vs 3-y average of 7.5%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
13.2%
=
Operating Income
$494.9m
/
Revenue
$3.7B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
13.2%
=
Operating Income
$494.9m
/
Revenue
$3.7B

Peer Comparison

Country Company Market Cap Operating
Margin
US
Qorvo Inc
NASDAQ:QRVO
7.8B USD
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US
NVIDIA Corp
NASDAQ:NVDA
4.5T USD
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US
Broadcom Inc
NASDAQ:AVGO
1.6T USD
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TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
46T TWD
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US
Micron Technology Inc
NASDAQ:MU
445.9B USD
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KR
SK Hynix Inc
KRX:000660
579.3T KRW
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US
Advanced Micro Devices Inc
NASDAQ:AMD
339.4B USD
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US
Intel Corp
NASDAQ:INTC
253.1B USD
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US
Texas Instruments Inc
NASDAQ:TXN
201.2B USD
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US
Analog Devices Inc
NASDAQ:ADI
157.3B USD
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US
Qualcomm Inc
NASDAQ:QCOM
147.5B USD
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Market Distribution

In line with most companies in the United States of America
Percentile
67th
Based on 14 112 companies
67th percentile
13.2%
Low
-4 087 900% — -5.1%
Typical Range
-5.1% — 14.8%
High
14.8% — 1 032 600%
Distribution Statistics
the United States of America
Min -4 087 900%
30th Percentile -5.1%
Median 6%
70th Percentile 14.8%
Max 1 032 600%

Qorvo Inc
Glance View

Qorvo Inc., nestled within the competitive enclave of semiconductor manufacturing, plays an indispensable role in powering the global communication networks of today. Emerging from the convergence of RF Micro Devices and TriQuint Semiconductor in 2015, Qorvo carved its niche by specializing in radio frequency (RF) solutions — a critical component enabling wireless and broadband connectivity. The company's prowess is evident in its comprehensive product lineup, from amplifiers and antennas to modulators and filters, all meticulously designed to handle the intricate demands of modern communication infrastructure. In an era driven by the insatiable demand for seamless, high-speed connectivity, Qorvo capitalizes on its expertise to service some of the world's leading tech giants, including those at the forefront of smartphone manufacturing and wireless communication. The economic engine of Qorvo revolves around its innovative RF solutions, harnessing economies of scale and a robust R&D pipeline to stay ahead of technological advancements. It deftly maneuvers within dynamic market conditions, consistently seeking to expand its reach beyond consumer electronics into sectors like automotive, defense, and the burgeoning Internet of Things (IoT) landscape. The company's business model relies heavily on forging and maintaining close collaborations with major network providers and equipment manufacturers, ensuring its components remain integral to the roll-out of the next-generation wireless standards. It's this adaptability, combined with a forward-thinking approach, that allows Qorvo to not only survive but thrive, strategically positioned at the heart of digital communication's rapid evolution.

QRVO Intrinsic Value
112.33 USD
Undervaluation 25%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
13.2%
=
Operating Income
$494.9m
/
Revenue
$3.7B
What is Qorvo Inc's current Operating Margin?

The current Operating Margin for Qorvo Inc is 13.2%, which is above its 3-year median of 7.5%.

How has Operating Margin changed over time?

Over the last 3 years, Qorvo Inc’s Operating Margin has decreased from 15.7% to 13.2%. During this period, it reached a low of -2.5% on Sep 30, 2023 and a high of 15.7% on Dec 31, 2022.

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