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Stmicroelectronics N.V. (STM) stock

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NYSE: STM NYSE Semiconductors Next results ~January 28, 2027

C+ Fundamentals grade

Stmicroelectronics N.V. is a US-listed company in the semiconductors industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$32

Cash-flow model

Base case. Range ~$24–$42 across our lower- and higher-growth cases (-1%–9% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 32% below it.

Price used: $47.17, November 2, 2026

Stmicroelectronics N.V. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds421 adding, 153 cuttingOf 70 active managers that changed their stake, 50 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Stmicroelectronics files

Where Stmicroelectronics N.V. stands after its latest Filing

Revenue for the twelve months was $11.8bn, down 11.1% on a year earlier, a smaller fall than the 23.2% decline a quarter earlier. That puts it 67 of 75 for growth among the semiconductor companies we cover. Free-cash-flow margin fell to 1.7% from 15.0% a year earlier. Operating margin narrowed to 1.5% from 19.0%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 6 of our 7 financial-health checks. Our cash-flow model value is $31.88 a share, against a share price of $46.74.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 28, 2027 (estimated)

Stmicroelectronics N.V.'s trailing-twelve-month revenue fell 11.1% year on year, with a free-cash-flow margin of 1.7%. Where it stands out: change in share count of -1.7% ranks 9 of 72 semiconductor companies we cover. Where it lags: revenue growth of -11.1% ranks 67 of 75 semiconductor companies we cover.

Our discounted-cash-flow model values the business at ~$32 per share in the base case (~$24–$42 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to -11.1% (+12.2pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 1.7% in a year, so each share owns more of the business.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.6% over 90 days.

Things to watch

  • Priced above our value. The share price of $47.17 is 32% above our value per share of $32.
  • Revenue shrinking. Revenue fell 11.1% over the last 12 months.
  • Margins narrowing. Operating margin is down 11.1 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 60% and a beta of 2.9 against the S&P 500.
  • Gross margin slipping. Gross margin is down 5.4 points on a year ago.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.

Latest results

Earnings per share
$0.37 against an average estimate of $0.41: missed by 9.8%
Next report
January 28, 2027; average EPS estimate $0.57

Stmicroelectronics' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.9%
  • 1 week+4.4%
  • 1 month-17.6%
  • This year+82.9%
  • 1 year+94.5%
  • 5 years-0.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$11.8B
Operating margin
1.5%
Net margin
1.4%
EPS (TTM, diluted)
$0.18

Growth

Revenue growth
−11.1%
Change in growth rate
+12.2 pts
Share count change
−1.7%

Cash

Free cash flow (TTM)
$205M
FCF margin
1.7%
Stock pay % of revenue
1.6%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for STM from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Stmicroelectronics N.V. valuation models and calculator

What the price is pricing in

The share price implies about 11.7% a year of cash-flow growth for five years.That is faster than the 2.9% a year revenue growth Stmicroelectronics has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in11.7%
  • Last 12 months-11.1%
  • 3 years a year-9.9%
  • 5 years a year2.9%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($48.58, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$32
Price used
$48.58close November 3, 2026
Implied change
▼ 34%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Stmicroelectronics N.V.'s free cash flow after stock-based pay with after-tax interest added back ($1.5B, FY2025 Q4 TTM), growing 4% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$24–~$42 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Stmicroelectronics N.V.'s free cash flow after stock-based pay ( $1.5B, FY2025 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Stmicroelectronics N.V. as an operating company, with every model that fits that kind of business. Cost of equity 12.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.58 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$32 ~$24–$42 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$40 ~$38–$70 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$42 ~$31–$57 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$37 ~$33–$41 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$37 ~$32–$42 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Stmicroelectronics N.V. with Semiconductors in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −20%
  • Revenue growth 5 points higher ▲ +26%
  • Free-cash-flow margin 1 point lower ▼ −37%
  • Last year's free-cash-flow margin change, if it persists ▼ −71%
  • Discount rate 1 point higher ▼ −11%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $25$33$45$59$79$104
8.5% $19$26$34$44$58$76
10% $16$21$27$35$46$59

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025
Share price$5.83$10.35$20.19$12.99$25.51$35.44$46.92$34.36$48.68$24.50$25.79
Market value$5.1bn$9.2bn$18.3bn$11.8bn$23.1bn$32.6bn$43.4bn$32.5bn$46.0bn$23.0bn$23.8bn
+ Net debt (− = net cash)−$159m−$178m−$58m−$356m−$525m−$385m−$686m−$541m−$295m$673m−$703m
Enterprise value$5.0bn$9.0bn$18.2bn$11.5bn$22.5bn$32.2bn$42.7bn$32.0bn$45.7bn$23.7bn$23.1bn
Multiples
Price / sales 0.7x1.3x2.2x1.2x2.4x3.2x3.4x2.0x2.7x1.7x2.0x
Price / earnings 49.3x55.6x22.8x9.2x22.3x29.5x21.7x8.2x10.9x14.8x143.4x
Price / free cash flow 6.1x8.8x10.9x6.4x12.3x15.6x14.2x6.3x7.7x7.8x11.1x
EV / EBITDA 5.9x9.7x11.0x5.2x11.0x14.3x12.3x5.7x7.4x6.9x11.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

25 /100

Weak moat

How hard Stmicroelectronics's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.7% of total assets over 5 years.

  • Pricing power 10 / 20

    Gross margin has been a median 33.9%, moving by 4.2 percentage points (standard deviation) across 5 years.

  • Durability 0 / 20

    Operating margin has been a median 1.5%; its worst year was -12.0%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 4 of 5 years, at a median 4.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 28, 2027, before the open. Analysts expect revenue of $4.2bn and EPS of $0.57 (range $0.53 to $0.58) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.38 +160% $14.5bn +23%
Next $2.68 +136% $17.4bn +20%

Next year's EPS estimate has moved +5.6% in 90 days, across 8 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.8% on 90 days ago. In the last 30 days, 0 analysts raised Stmicroelectronics N.V.'s forecast and 1 cut it.

Consensus EPS forecast Stmicroelectronics N.V., last 90 days
$1.00 $1.50 $2.00 $2.50 $3.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.35 Current fiscal year, 60 days ago: $1.36 Current fiscal year, 30 days ago: $1.34 Current fiscal year, 7 days ago: $1.34 Current fiscal year, Now: $1.38 $1.38 Next fiscal year, 90 days ago: $2.53 Next fiscal year, 60 days ago: $2.53 Next fiscal year, 30 days ago: $2.53 Next fiscal year, 7 days ago: $2.55 Next fiscal year, Now: $2.68 $2.68

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.35$2.53
60 days ago $1.36$2.53
30 days ago $1.34$2.53
7 days ago $1.34$2.55
Now $1.38$2.68

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.41 $0.37 −9.8%
Jun 2026 $0.27 $0.31 +16.4%
Mar 2026 $0.18 $0.13 −27.0%
Dec 2025 $0.28 $0.11 −61.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

14 analysts, Oct 2026
Buy857%
Hold643%
Sell00%

Monthly trend

  1. Oct 202617614
  2. Sep 202617614
  3. Aug 202617614
  4. Jul 20267715

Counts of recommendations published by analysts covering Stmicroelectronics N.V., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.7%
of tradable shares
Days to cover
1.18
at average volume
Short interest, 1 month
−24%
to October 15, 2026
Held by institutions
19%
of shares
Held by insiders
0.2%
of shares
Employees
49,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
STM+32%−27%+42%−50%+5%+83%
Industry peers (median)+36%−39%+15%−9%+19%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
STM58%42%67%17%58%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
STM−22%−41%−30%−51%−37%−45%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 67% from July 27, 2023 to April 8, 2025. Getting back needed a 200% gain, reached on April 30, 2026, 387 days after the low.

Price behaviour

52-week range
$21.01 – $79.68
From 52-week high
−40.8%
vs 50-day average
−6.0%
vs 200-day average
−5.8%
Volatility (1 year)
60%
Beta vs S&P 500
2.86

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Options strategies

All options ideas

How Stmicroelectronics N.V.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look fairly priced

Implied volatility is within its normal range against realised. Selling options earns the usual premium, nothing extra.

  • Implied is 1.12× the last 60 days’ realised volatility , richer than 36% of the 229 stocks we screen today.
  • Why: implied is not far enough above realised, or not unusual against our coverage.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

STM Stmicroelectronics N.V. Grade C+ $47.32

Own 100 shares, sell the $49.00 call expiring November 27, 2026 (25 days) for $1.85 a share — $185 per contract.

Previous session · Bid $1.85, ask $2.45, quoted Mon 2 Nov, 17:36 New York time with STM at $47.32. Option prices move with the shares: check the live chain at your broker before trading.

  • If STM ends below $49.00: you keep your shares and the $185 — 3.9% extra on the position, 57.1% a year at that pace.
  • If it ends above $49.00: your shares are sold at $49.00, a total return of 7.5% including the premium — at or above our value of ~$32.
$353 $0 −$909 Break-even $45.47 Price $47.32 ← Our value ~$32
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$185
Annualised
57.1%
Break-even
$45.47
Max gain
$353
Chance of selling
~45%

Collar

Own the shares, buy the $46.00 put and sell the $49.00 call, both expiring November 27, 2026 (25 days).

  • Net cost of $0.60 a share ($60.00 per contract of 100 shares).
  • Worst case at expiry: -4.1%, if the shares fall below $46.00 (-2.8% from today).
  • Best case at expiry: +2.3%, if the shares rise above $49.00 (+3.6%); gains beyond that go to the call buyer.

Offered because the shares trade at or above our fair value of $32.00: a way to hold on with a floor under the price, paid for by giving up upside the model does not expect. Strikes near 25-delta; the put at its ask and the call at its bid. Protection has a cost over time: research on protective puts finds they have usually lowered returns.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Stmicroelectronics N.V. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Stmicroelectronics N.V.
$5B $10B $15B $20B FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue (TTM), FY14 Q4: $7.4B Revenue (TTM), FY15 Q4: $6.9B Revenue (TTM), FY16 Q4: $7B Revenue (TTM), FY17 Q4: $8.3B Revenue (TTM), FY18 Q4: $9.7B Revenue (TTM), FY19 Q4: $9.6B Revenue (TTM), FY20 Q4: $10.2B Revenue (TTM), FY21 Q4: $12.8B Revenue (TTM), FY22 Q4: $16.1B Revenue (TTM), FY23 Q4: $17.3B Revenue (TTM), FY24 Q4: $13.3B Revenue (TTM), FY25 Q4: $11.8B $11.8B

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY14 Q4 $7.4B
FY15 Q4 $6.9B
FY16 Q4 $7B
FY17 Q4 $8.3B
FY18 Q4 $9.7B
FY19 Q4 $9.6B
FY20 Q4 $10.2B
FY21 Q4 $12.8B
FY22 Q4 $16.1B
FY23 Q4 $17.3B
FY24 Q4 $13.3B
FY25 Q4 $11.8B
Revenue growth, TTM YoY Stmicroelectronics N.V.
-40% -20% 0% 20% 40% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue growth, TTM YoY, FY14 Q4: -8.4% Revenue growth, TTM YoY, FY15 Q4: -6.8% Revenue growth, TTM YoY, FY16 Q4: 1.1% Revenue growth, TTM YoY, FY17 Q4: 19.7% Revenue growth, TTM YoY, FY18 Q4: 15.8% Revenue growth, TTM YoY, FY19 Q4: -1.1% Revenue growth, TTM YoY, FY20 Q4: 6.9% Revenue growth, TTM YoY, FY21 Q4: 24.9% Revenue growth, TTM YoY, FY22 Q4: 26.4% Revenue growth, TTM YoY, FY23 Q4: 7.2% Revenue growth, TTM YoY, FY24 Q4: -23.2% Revenue growth, TTM YoY, FY25 Q4: -11.1% -11.1%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY14 Q4 -8.4%
FY15 Q4 -6.8%
FY16 Q4 1.1%
FY17 Q4 19.7%
FY18 Q4 15.8%
FY19 Q4 -1.1%
FY20 Q4 6.9%
FY21 Q4 24.9%
FY22 Q4 26.4%
FY23 Q4 7.2%
FY24 Q4 -23.2%
FY25 Q4 -11.1%
Operating margin (TTM) Stmicroelectronics N.V.
0% 10% 20% 30% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Operating margin (TTM), FY14 Q4: 2.3% Operating margin (TTM), FY15 Q4: 1.6% Operating margin (TTM), FY16 Q4: 3.3% Operating margin (TTM), FY17 Q4: 12.0% Operating margin (TTM), FY18 Q4: 14.5% Operating margin (TTM), FY19 Q4: 12.6% Operating margin (TTM), FY20 Q4: 12.9% Operating margin (TTM), FY21 Q4: 19.0% Operating margin (TTM), FY22 Q4: 27.5% Operating margin (TTM), FY23 Q4: 26.7% Operating margin (TTM), FY24 Q4: 12.6% Operating margin (TTM), FY25 Q4: 1.5% 1.5%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY14 Q4 2.3%
FY15 Q4 1.6%
FY16 Q4 3.3%
FY17 Q4 12.0%
FY18 Q4 14.5%
FY19 Q4 12.6%
FY20 Q4 12.9%
FY21 Q4 19.0%
FY22 Q4 27.5%
FY23 Q4 26.7%
FY24 Q4 12.6%
FY25 Q4 1.5%
FCF margin (TTM) Stmicroelectronics N.V.
-10% 0% 10% 20% 30% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 FCF margin (TTM), FY14 Q4: -2.1% FCF margin (TTM), FY15 Q4: 1.1% FCF margin (TTM), FY16 Q4: 4.4% FCF margin (TTM), FY17 Q4: 11.5% FCF margin (TTM), FY18 Q4: 10.4% FCF margin (TTM), FY19 Q4: 9.9% FCF margin (TTM), FY20 Q4: 10.7% FCF margin (TTM), FY21 Q4: 15.0% FCF margin (TTM), FY22 Q4: 24.2% FCF margin (TTM), FY23 Q4: 25.1% FCF margin (TTM), FY24 Q4: 8.4% FCF margin (TTM), FY25 Q4: 1.7% 1.7%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY14 Q4 -2.1%
FY15 Q4 1.1%
FY16 Q4 4.4%
FY17 Q4 11.5%
FY18 Q4 10.4%
FY19 Q4 9.9%
FY20 Q4 10.7%
FY21 Q4 15.0%
FY22 Q4 24.2%
FY23 Q4 25.1%
FY24 Q4 8.4%
FY25 Q4 1.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Stmicroelectronics took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $11.8B
  2. Cost of revenue $7.8B · 66.1%
  3. Gross profit $4B · 33.9%
  4. Research and development $2B · 17.3%
  5. Selling, general and admin $1.6B · 13.8%
  6. Other operating costs $148M · 1.3%
  7. Operating income $175M · 1.5%
  8. Net income $166M · 1.4%

Shares of revenue. Source: Stmicroelectronics's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 8.5 10.3 9.7 8.5 8.1 7.4 6.9 7.0 8.3 9.7 9.6 10.2 12.8 16.1 17.3 13.3 11.8
Gross profit 2.6 4.0 3.6 2.8 2.6 2.5 2.3 2.5 3.3 3.9 3.7 3.8 5.3 7.6 8.3 5.2 4.0
EBITDA 0.3 1.7 1.3 −1.0 0.4 1.0 0.8 0.9 1.7 2.2 2.1 2.2 3.5 5.7 6.2 3.4 2.0
Operating income −1.0 0.5 0.0 −2.1 −0.5 0.2 0.1 0.2 1.0 1.4 1.2 1.3 2.4 4.4 4.6 1.7 0.2
Net income −1.1 0.8 0.7 −1.2 −0.5 0.1 0.1 0.2 0.8 1.3 1.0 1.1 2.0 4.0 4.2 1.6 0.2
Diluted EPS −$1.29 $0.92 $0.72 −$1.31 −$0.56 $0.14 $0.12 $0.19 $0.89 $1.41 $1.14 $1.20 $2.16 $4.19 $4.46 $1.66 $0.18
Growth (year on year)
Revenue −13.5% +21.6% −5.9% −12.8% −4.8% −8.4% −6.8% +1.1% +19.7% +15.8% −1.1% +6.9% +24.9% +26.4% +7.2% −23.2% −11.1%
EBITDA −70.5% +398.8% −22.8% −173.5% — +120.0% −13.7% +9.2% +79.3% +32.4% −6.1% +9.2% +54.2% +63.3% +9.1% −44.3% −40.9%
Operating income — — −90.3% — — — −35.1% — +342.7% +39.3% −14.1% +10.0% +82.8% +83.5% +3.9% −63.7% −89.6%
Net income — — −21.7% −278.2% — — — — +386.1% +60.5% −19.8% +7.2% +80.8% +98.0% +6.3% −63.0% −89.3%
Diluted EPS — — −21.7% −281.9% — — — — +368.4% +58.4% −19.1% +5.3% +80.0% +94.0% +6.4% −62.8% −89.2%
Margins
Gross margin 30.9% 38.8% 36.7% 32.8% 32.3% 33.7% 33.8% 35.3% 39.2% 40.0% 38.7% 37.1% 41.7% 47.3% 47.9% 39.3% 33.9%
EBITDA margin 4.0% 16.6% 13.6% −11.5% 5.5% 13.2% 12.3% 13.2% 19.8% 22.7% 21.5% 22.0% 27.1% 35.1% 35.7% 25.9% 17.2%
Operating margin −12.0% 4.6% 0.5% −24.5% −5.8% 2.3% 1.6% 3.3% 12.0% 14.5% 12.6% 12.9% 19.0% 27.5% 26.7% 12.6% 1.5%
Net margin −13.3% 8.0% 6.7% −13.6% −6.2% 1.7% 1.5% 2.4% 9.6% 13.3% 10.8% 10.8% 15.7% 24.6% 24.4% 11.7% 1.4%
Free-cash-flow margin 4.3% 7.3% 9.0% 7.2% 4.5% 9.7% 12.3% 15.0% 20.1% 19.1% 19.6% 20.5% 24.0% 32.3% 34.7% 22.3% 18.2%
Cash flow
Cash from operations 0.8 1.8 0.9 0.6 0.4 0.7 0.8 1.0 1.7 1.8 1.9 2.1 3.1 5.2 6.0 3.0 2.2
Capital spending 0.5 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow 0.4 0.8 0.9 0.6 0.4 0.7 0.8 1.0 1.7 1.8 1.9 2.1 3.1 5.2 6.0 3.0 2.2
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2
Free cash flow after stock pay 0.3 0.7 0.9 0.6 0.3 0.7 0.8 1.0 1.6 1.7 1.7 1.9 2.8 5.0 5.8 2.7 2.0
Balance sheet
Cash 1.6 1.9 1.9 2.3 1.8 2.0 1.8 1.6 1.8 2.3 2.6 3.0 3.2 3.3 3.2 2.3 2.8
Total debt 2.5 1.8 1.6 1.3 1.2 1.8 1.6 1.5 1.7 1.9 2.1 2.6 2.5 2.7 2.9 3.0 2.1
Net debt (negative = net cash) 0.9 −0.1 −0.4 −0.9 −0.7 −0.2 −0.2 −0.2 −0.1 −0.4 −0.5 −0.4 −0.7 −0.5 −0.3 0.7 −0.7
Diluted shares 877m 911m 904m 887m 890m 890m 881m 886m 906m 911m 904m 920m 925m 946m 944m 939m 923m
Returned to shareholders
Dividends 0.2 0.2 0.3 0.4 0.3 0.4 0.4 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3
Buybacks — — — — — 0.2 — — 0.3 0.1 0.3 0.1 0.5 0.3 0.3 0.4 0.4
Total returned 0.2 0.2 0.3 0.4 0.3 0.5 0.4 0.3 0.5 0.3 0.5 0.3 0.7 0.6 0.6 0.6 0.7

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · December 31, 2025
What it owns · $24.8bn
Short-term assets $11.3bnLonger-term assets $13.5bn
What it owes, and who funded it · $24.4bn
Short-term liabilities $3.4bnLonger-term liabilities $3.2bnShareholders' equity $17.8bn
  • Short-term assets cover short-term liabilities $11.3bn of assets due within a year against $3.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $11.3bn short-term assets against $3.2bn of longer-dated liabilities.
  • More cash than debt $2.8bn of cash against $2.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 12% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 22% to 12% over five years.
  • A year's operating cash flow covers at least 20% of debt $2.2bn of operating cash flow against $2.1bn of debt.
  • Operating profit covers interest at least five times over Operating income of $175m against $55m of interest.

From Stmicroelectronics N.V.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$367M
Dividends (TTM)
$321M
Returned to shareholders
336%
of free cash flow
Buybacks, last 3 fiscal years
$1.1B
Diluted share count
−1.7%
year over year
Total shareholder yield
1.6%
dividends 0.8% + buybacks 0.9% of market value
Dividend payout ratio
193%
of net income paid out
R&D spending
17.3%
of revenue
Sales & admin spending
13.8%
of revenue
Days sales outstanding
54 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in semiconductors
Last 12 months unless stated STM NXPI ADI MRVL JKS UMC Median
Revenue, last 12 months $11.8bn $13.8bn $13.9bn $9.5bn $9.1bn $7.6bn $1.1bn
Revenue growth, last 12 months −11.1% 14.6% 33.6% 30.6% −28.9% 5.5% 13.7%
Revenue growth, 3-year average 13.4% 1.6% 2.6% 18.9% 99.3% — 3.9%
Revenue growth, latest quarter — 19.3% 39.6% 36.5% — — 20.1%
Gross margin 33.9% 56.4% 65.8% 52.2% 2.2% 29.0% 48.3%
Operating margin 1.5% 33.0% 35.5% 16.5% −13.6% 18.5% 4.8%
Operating margin, 3-year average 10.8% 28.6% 27.3% 3.2% −3.2% 15.7% 4.8%
Net margin 1.4% 23.4% 29.8% 27.9% −6.8% 17.0% 5.3%
Cash from operations / revenue 18.2% 27.5% 39.9% 23.3% 1.7% 42.0% 17.4%
Free-cash-flow margin 1.7% 25.4% 35.6% 18.2% −3.4% 20.7% 9.6%
Free-cash-flow margin, 3-year average 9.4% 20.8% 33.8% 22.0% −10.8% 14.8% 8.5%
Stock pay / revenue 1.6% 3.1% 2.5% 8.9% 0.3% 0.2% 5.8%
Change in share count −1.7% −0.4% −1.4% 2.0% −0.7% −0.2% 0.9%

Median of all 75 companies we cover in semiconductors. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

75 semiconductor companies
Measure Company Peer median Rank
Revenue growth Growth -11.1% 13.7% 67 of 75
Change in growth rate Growth +12.2pp +3.7pp 16 of 75
Gross margin Profitability 33.9% 48.3% 51 of 73
Operating margin Profitability 1.5% 4.8% 45 of 75
Net margin Profitability 1.4% 5.3% 43 of 75
Free-cash-flow margin Cash generation 1.7% 9.6% 47 of 75
Stock pay as % of revenue Cash generation 1.6% 6.4% 14 of 74
Long-term debt as % of assets Balance sheet 7.4% 14.0% 19 of 47
Change in share count Balance sheet -1.7% 0.9% 9 of 72
Days sales outstanding Balance sheet 54 days 58 days 27 of 62

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$12.7B
Institutions reporting
601
Shares held vs prior quarter
▲ 57.4%
Positions opened / closed
251 / 45

Top buyers and sellers, Q2 2026: 421 institutions bought and 153 sold ; the biggest buyer was Situational Awareness LP (+7.8M shares) and the biggest seller Citadel Advisors LLC (−3.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Van Eck Associates Corp $1.1B 14.0M 8.3% ▲ 20.4%
Situational Awareness LP $584M 7.8M 4.6% New
Blackrock, Inc. $491M 6.5M 3.9% ▲ 32.9%
Morgan Stanley $479M 6.4M 3.8% ▲ 19.6%
Wt Asset Management Ltd $431M 5.8M 3.4% New
Slate Path Capital LP $392M 5.2M 3.1% ▼ 14.5%
Goldman Sachs Group Inc $386M 5.2M 3.0% ▲ 20.6%
Invesco Ltd. $355M 4.7M 2.8% ▲ 19.1%
Citadel Advisors LLC $288M 3.9M 2.3% ▼ 44.2%
Arrowstreet Capital, Limited Partnership $261M 3.5M 2.1% New
BNP Paribas Financial Markets $257M 3.4M 2.0% ▲ 39.9%
Point72 Asset Management, L.P. $232M 3.1M 1.8% ▲ 707.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Stmicroelectronics N.V.'s complete shareholder register. Values are as reported by the filers ; 3 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in Stmicroelectronics N.V. disclosed in the last 12 months; 5 earlier trades on record.

  • Daniel S. Goldman(D-NY 10):Sale (full), $100,001 - $250,000, traded July 10, 2023, filed August 13, 2023
  • Bob Gibbs(R-OH 7):Sale (full), $15,001 - $50,000, traded November 24, 2021, filed November 28, 2021
  • Bob Gibbs(R-OH 7):Purchase, $1,001 - $15,000, traded November 16, 2021, filed November 21, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K
  • 6-K 6-K

Data status

When each part of this page on Stmicroelectronics N.V. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Stmicroelectronics N.V. in brief

What does Stmicroelectronics N.V. do?
Stmicroelectronics N.V. is a US-listed company in the semiconductors industry. Its financial year ends in December.
What is Stmicroelectronics N.V.'s stock ticker?
Stmicroelectronics N.V. trades under the ticker STM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Stmicroelectronics N.V.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Stmicroelectronics N.V. reported revenue of $11.8B, 11.1% lower than a year earlier, according to its SEC filings.
What is Stmicroelectronics N.V.'s free cash flow?
Stmicroelectronics N.V.'s free-cash-flow margin is 1.7% of revenue over the trailing twelve months, ranking 47 of the 75 semiconductor companies we cover.
What is Stmicroelectronics N.V.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Stmicroelectronics N.V.'s free cash flow after stock-based pay gives ~$32 per share in the base case, and ~$24–$42 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Stmicroelectronics N.V.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Van Eck Associates Corp, Situational Awareness LP and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Stmicroelectronics N.V. buying back stock, and does it pay a dividend?
Stmicroelectronics N.V. spent $367M on share repurchases over the trailing twelve months, and its diluted share count fell 1.7% over the year.
What is Stmicroelectronics N.V.'s market cap?
On December 31, 2025, Stmicroelectronics N.V.'s market capitalisation was about $23.8B, with a price-to-earnings ratio of 143.4 and net debt of -$703M. Market figures come from third-party market data and may be delayed.
Does Stmicroelectronics N.V. pay a dividend?
Yes: Stmicroelectronics N.V. paid $321M in dividends over the trailing twelve months, a dividend yield of 0.77% and a payout ratio of 193.4%.
How much debt does Stmicroelectronics N.V. have?
Stmicroelectronics N.V.'s debt-to-equity ratio is 12.0%, from its latest balance sheet (21.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Stmicroelectronics N.V.'s competitors?
In our Semiconductors peer group, the companies closest to Stmicroelectronics N.V. are NXP Semiconductors, Analog Devices, Marvell Technology, Jinkosolar Holding Co., Ltd. and United Microelectronics Corp. The side-by-side comparison below sets their revenue, margins and growth against Stmicroelectronics N.V.'s.
When is Stmicroelectronics N.V.'s next earnings date?
Around January 28, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Stmicroelectronics N.V. announces its own schedule.