Tower Semiconductor vs Viavi Solutions
Tower Semiconductor and Viavi Solutions are similar in size: $1.57bn and $1.52bn of revenue in their latest fiscal years. Viavi Solutions grew faster (40.0% against 9.1%). Tower Semiconductor kept more of each dollar of sales as profit: a net margin of 14.1% against -2.0%. Tower Semiconductor carries less debt relative to equity (6.4% against 44.3%).
| Latest fiscal year | Tower SemiconductorTSEM, 2025 | Viavi SolutionsVIAV, 2026 |
|---|---|---|
| Revenue | $1.57bn | $1.52bn |
| Revenue growth | 9.1% | 40.0% |
| Net income | $220m | −$30.4m |
| Operating margin | 12.4% | 6.9% |
| Net margin | 14.1% | -2.0% |
| Return on equity | 7.9% | -2.7% |
| Free cash flow | −$48.9m | $82.8m |
| Cash | $235m | $648m |
| Total debt | $186m | $642m |
| Debt to equity | 6.4% | 44.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $30.0m |
| Employees | — | 4,100 |
| Market value | $18.35bn | $7.46bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 17 (Weak) | 69 (Moderate) |
| Insider trades, 12 months | 0 buys, 38 sales | 0 buys, 65 sales |