Stocks · Technology · Semiconductors & Related Devices

ALLEGRO MICROSYSTEMS, INC.

ALGM Clue Score34
United States Fiscal year ends March CIK 0000866291
$35.57 -1.93% Close, 9 Oct 2026
Price $35.57 +19.89% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 29 Oct 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Fiscal year 2020Revenue650.1Operating income52.8Net income37.0EPS, diluted3.70Fiscal year 2021Revenue591.2 −9.1%Operating income12.2Net income18.0 −51.4%EPS, diluted0.10Fiscal year 2022Revenue768.7 +30.0%Operating income136.7Net income119.4 +565.1%EPS, diluted0.62Fiscal year 2023Revenue973.7 +26.7%Operating income203.3Net income187.4 +56.9%EPS, diluted0.97Fiscal year 2024Revenue1,049.4 +7.8%Operating income196.2Net income152.7 −18.5%EPS, diluted0.78Fiscal year 2025Revenue725.0 −30.9%Operating income−19.8Net income−73.0 −147.8%EPS, diluted−0.39Fiscal year 2026Revenue890.1 +22.8%Operating income18.5Net income−14.9EPS, diluted−0.08
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue n/a 650.1 591.2 768.7 973.7 1,049.4 725.0 890.1
Growth −9.1% +30.0% +26.7% +7.8% −30.9% +22.8%
Operating income n/a 52.8 12.2 136.7 203.3 196.2 −19.8 18.5
Net income n/a 37.0 18.0 119.4 187.4 152.7 −73.0 −14.9
Growth −51.4% +565.1% +56.9% −18.5% −147.8%
EPS, diluted n/a 3.70 0.10 0.62 0.97 0.78 −0.39 −0.08

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Fiscal year 2020Gross margin40.2%Operating margin8.1%Net margin5.7%Free cash flow margin5.5%Fiscal year 2021Gross margin47.2%Operating margin2.1%Net margin3.0%Free cash flow margin13.5%Fiscal year 2022Gross margin53.0%Operating margin17.8%Net margin15.5%Free cash flow margin11.2%Fiscal year 2023Gross margin56.1%Operating margin20.9%Net margin19.2%Free cash flow margin11.7%Fiscal year 2024Gross margin54.8%Operating margin18.7%Net margin14.6%Free cash flow margin5.4%Fiscal year 2025Gross margin44.3%Operating margin−2.7%Net margin−10.1%Free cash flow margin3.0%Fiscal year 2026Gross margin46.3%Operating margin2.1%Net margin−1.7%Free cash flow margin14.0%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin n/a 40.2% 47.2% 53.0% 56.1% 54.8% 44.3% 46.3%
Operating margin n/a 8.1% 2.1% 17.8% 20.9% 18.7% −2.7% 2.1%
Net margin n/a 5.7% 3.0% 15.5% 19.2% 14.6% −10.1% −1.7%
Free cash flow margin n/a 5.5% 13.5% 11.2% 11.7% 5.4% 3.0% 14.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Fiscal year 2020Operating cash flow81.4Capital expenditure−45.6Free cash flow35.8Dividends paid0.0Fiscal year 2021Operating cash flow120.6Capital expenditure−40.7Free cash flow79.9 +123.2%Dividends paid−400.0Fiscal year 2022Operating cash flow156.1Capital expenditure−69.9Free cash flow86.2 +7.9%Dividends paid0.0Fiscal year 2023Operating cash flow193.2Capital expenditure−79.8Free cash flow113.4 +31.6%Buybacks0.0Dividends paid0.0Fiscal year 2024Operating cash flow181.7Capital expenditure−124.8Free cash flow56.9 −49.8%Buybacks0.0Fiscal year 2025Operating cash flow61.9Capital expenditure−40.0Free cash flow22.0 −61.4%Buybacks−853.9Fiscal year 2026Operating cash flow163.1Capital expenditure−38.2Free cash flow124.9 +468.8%Buybacks0.0
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow n/a 81.4 120.6 156.1 193.2 181.7 61.9 163.1
Capital expenditure n/a −45.6 −40.7 −69.9 −79.8 −124.8 −40.0 −38.2
Free cash flow n/a 35.8 79.9 86.2 113.4 56.9 22.0 124.9
Growth +123.2% +7.9% +31.6% −49.8% −61.4% +468.8%
Buybacks n/a n/a n/a n/a 0.0 0.0 −853.9 0.0
Dividends paid n/a 0.0 −400.0 0.0 0.0 n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash99.7Shareholders’ equity589.8Fiscal year 2020Cash214.5Total debt43.0Net cash (debt)171.5Shareholders’ equity633.2Debt to equity0.07Fiscal year 2021Cash197.2Total debt25.0Net cash (debt)172.2Shareholders’ equity585.8Debt to equity0.04Fiscal year 2022Cash282.4Total debt25.0Net cash (debt)257.4Shareholders’ equity734.2Debt to equity0.03Fiscal year 2023Cash351.6Total debt25.0Net cash (debt)326.6Shareholders’ equity965.6Debt to equity0.03Fiscal year 2024Cash212.1Total debt253.5Net cash (debt)−41.4Shareholders’ equity1,130.4Debt to equity0.22Fiscal year 2025Cash121.3Total debt346.1Net cash (debt)−224.8Shareholders’ equity929.6Debt to equity0.37Fiscal year 2026Cash168.8Total debt287.3Net cash (debt)−118.5Shareholders’ equity954.7Debt to equity0.30
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 99.7 214.5 197.2 282.4 351.6 212.1 121.3 168.8
Total debt n/a 43.0 25.0 25.0 25.0 253.5 346.1 287.3
Net cash (debt) n/a 171.5 172.2 257.4 326.6 −41.4 −224.8 −118.5
Shareholders’ equity 589.8 633.2 585.8 734.2 965.6 1,130.4 929.6 954.7
Debt to equity n/a 0.07 0.04 0.03 0.03 0.22 0.37 0.30

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 29 Mar 2019 FY2020 27 Mar 2020 FY2021 26 Mar 2021 FY2022 25 Mar 2022 FY2023 31 Mar 2023 FY2024 29 Mar 2024 FY2025 28 Mar 2025 FY2026 27 Mar 2026
Margins
n/a 40.2% 47.2% 53.0% 56.1% 54.8% 44.3% 46.3%
n/a 8.1% 2.1% 17.8% 20.9% 18.7% −2.7% 2.1%
n/a 8.2% −0.2% 18.3% 21.7% 18.6% −11.8% −1.7%
n/a 5.7% 3.0% 15.5% 19.2% 14.6% −10.1% −1.7%
n/a 5.5% 13.5% 11.2% 11.7% 5.4% 3.0% 14.0%
Spending
n/a 15.7% 18.4% 15.9% 15.5% 16.8% 24.8% 23.1%
n/a 16.4% 26.0% 19.4% 19.7% 18.0% 22.3% 20.3%
n/a 7.0% 6.9% 9.1% 8.2% 11.9% 5.5% 4.3%
n/a 30.4% n/a 15.1% 11.3% 21.5% n/a n/a
Returns
n/a 5.8% 3.1% 16.3% 19.4% 13.5% −7.9% −1.6%
n/a 4.5% 2.4% 13.4% 15.9% 10.0% −5.1% −1.1%
Balance and payout
n/a 0.07 0.04 0.03 0.03 0.22 0.37 0.30
n/a 22.5% 21.5% 17.6% 18.1% 26.1% 34.5% 32.5%
n/a 0.0% 2,228.0% 0.0% 0.0% n/a n/a n/a
n/a 0.0% 500.6% 0.0% 0.0% 0.0% 3,888.9% 0.0%