Stocks · Technology · Electronic Components & Accessories

Vishay Precision Group, Inc.

VPG Clue Score44
United States Fiscal year ends December CIK 0001487952
$72.63 +0.53% Close, 9 Oct 2026
Price $72.63 +107.16% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. 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 2016Revenue224.9Operating income11.3Net income6.4EPS, diluted0.48Fiscal year 2017Revenue254.4 +13.1%Operating income22.5Net income14.3 +124.0%EPS, diluted1.07 +122.9%Fiscal year 2018Revenue299.8 +17.9%Operating income37.2Net income23.6 +64.8%EPS, diluted1.75 +63.6%Fiscal year 2019Revenue284.0 −5.3%Operating income28.6Net income22.2 −6.2%EPS, diluted1.63 −6.9%Fiscal year 2020Revenue269.8 −5.0%Operating income22.7Net income10.8 −51.4%EPS, diluted0.79 −51.5%Fiscal year 2021Revenue317.9 +17.8%Operating income27.4Net income20.2 +87.5%EPS, diluted1.48 +87.3%Fiscal year 2022Revenue362.6 +14.0%Operating income43.8Net income36.1 +78.3%EPS, diluted2.63 +77.7%Fiscal year 2023Revenue355.0 −2.1%Operating income42.0Net income25.7 −28.7%EPS, diluted1.88 −28.5%Fiscal year 2024Revenue306.5 −13.7%Operating income16.9Net income9.9 −61.4%EPS, diluted0.74 −60.6%Fiscal year 2025Revenue307.2 +0.2%Operating income13.8Net income5.3 −46.6%EPS, diluted0.40 −45.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 224.9 254.4 299.8 284.0 269.8 317.9 362.6 355.0 306.5 307.2
Growth +13.1% +17.9% −5.3% −5.0% +17.8% +14.0% −2.1% −13.7% +0.2%
Operating income 11.3 22.5 37.2 28.6 22.7 27.4 43.8 42.0 16.9 13.8
Net income 6.4 14.3 23.6 22.2 10.8 20.2 36.1 25.7 9.9 5.3
Growth +124.0% +64.8% −6.2% −51.4% +87.5% +78.3% −28.7% −61.4% −46.6%
EPS, diluted 0.48 1.07 1.75 1.63 0.79 1.48 2.63 1.88 0.74 0.40
Growth +122.9% +63.6% −6.9% −51.5% +87.3% +77.7% −28.5% −60.6% −45.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin36.8%Operating margin5.0%Net margin2.8%Free cash flow margin0.5%Fiscal year 2017Gross margin38.6%Operating margin8.8%Net margin5.6%Free cash flow margin5.0%Fiscal year 2018Gross margin40.5%Operating margin12.4%Net margin7.9%Free cash flow margin7.4%Fiscal year 2019Gross margin39.3%Operating margin10.1%Net margin7.8%Free cash flow margin7.2%Fiscal year 2020Gross margin38.6%Operating margin8.4%Net margin4.0%Free cash flow margin4.6%Fiscal year 2021Gross margin39.4%Operating margin8.6%Net margin6.4%Free cash flow margin5.2%Fiscal year 2022Gross margin41.3%Operating margin12.1%Net margin9.9%Free cash flow margin3.2%Fiscal year 2023Gross margin42.3%Operating margin11.8%Net margin7.2%Free cash flow margin8.7%Fiscal year 2024Gross margin41.0%Operating margin5.5%Net margin3.2%Free cash flow margin3.5%Fiscal year 2025Gross margin38.9%Operating margin4.5%Net margin1.7%Free cash flow margin2.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 36.8% 38.6% 40.5% 39.3% 38.6% 39.4% 41.3% 42.3% 41.0% 38.9%
Operating margin 5.0% 8.8% 12.4% 10.1% 8.4% 8.6% 12.1% 11.8% 5.5% 4.5%
Net margin 2.8% 5.6% 7.9% 7.8% 4.0% 6.4% 9.9% 7.2% 3.2% 1.7%
Free cash flow margin 0.5% 5.0% 7.4% 7.2% 4.6% 5.2% 3.2% 8.7% 3.5% 2.1%

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 2016Operating cash flow11.5Capital expenditure−10.4Free cash flow1.1Buybacks0.0Fiscal year 2017Operating cash flow22.7Capital expenditure−10.1Free cash flow12.6 +1,070.1%Buybacks0.0Fiscal year 2018Operating cash flow35.4Capital expenditure−13.2Free cash flow22.1 +75.2%Fiscal year 2019Operating cash flow30.9Capital expenditure−10.5Free cash flow20.4 −7.8%Fiscal year 2020Operating cash flow35.3Capital expenditure−22.9Free cash flow12.4 −39.4%Buybacks0.0Fiscal year 2021Operating cash flow33.5Capital expenditure−17.1Free cash flow16.5 +33.3%Buybacks0.0Fiscal year 2022Operating cash flow33.0Capital expenditure−21.3Free cash flow11.7 −28.7%Buybacks−2.7Fiscal year 2023Operating cash flow45.9Capital expenditure−15.2Free cash flow30.7 +161.8%Buybacks−5.9Fiscal year 2024Operating cash flow19.8Capital expenditure−9.2Free cash flow10.7 −65.3%Buybacks−7.8Fiscal year 2025Operating cash flow14.4Capital expenditure−8.0Free cash flow6.4 −40.4%Buybacks0.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 11.5 22.7 35.4 30.9 35.3 33.5 33.0 45.9 19.8 14.4
Capital expenditure −10.4 −10.1 −13.2 −10.5 −22.9 −17.1 −21.3 −15.2 −9.2 −8.0
Free cash flow 1.1 12.6 22.1 20.4 12.4 16.5 11.7 30.7 10.7 6.4
Growth +1,070.1% +75.2% −7.8% −39.4% +33.3% −28.7% +161.8% −65.3% −40.4%
Buybacks 0.0 0.0 n/a n/a 0.0 0.0 −2.7 −5.9 −7.8 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash58.5Total debt36.2Net cash (debt)22.3Shareholders’ equity171.4Debt to equity0.21Fiscal year 2017Cash74.3Total debt32.4Net cash (debt)41.9Shareholders’ equity193.2Debt to equity0.17Fiscal year 2018Cash90.2Total debt27.1Net cash (debt)63.1Shareholders’ equity218.4Debt to equity0.12Fiscal year 2019Cash86.9Total debt44.5Net cash (debt)42.4Shareholders’ equity241.4Debt to equity0.18Fiscal year 2020Cash98.4Total debt40.6Net cash (debt)57.8Shareholders’ equity257.8Debt to equity0.16Fiscal year 2021Cash84.3Total debt60.7Net cash (debt)23.6Shareholders’ equity277.1Debt to equity0.22Fiscal year 2022Cash88.6Total debt60.8Net cash (debt)27.8Shareholders’ equity306.5Debt to equity0.20Fiscal year 2023Cash84.0Total debt31.9Net cash (debt)52.1Shareholders’ equity329.8Debt to equity0.10Fiscal year 2024Cash79.3Total debt31.4Net cash (debt)47.8Shareholders’ equity322.0Debt to equity0.10Fiscal year 2025Cash87.4Total debt20.6Net cash (debt)66.8Shareholders’ equity336.4Debt to equity0.06
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 58.5 74.3 90.2 86.9 98.4 84.3 88.6 84.0 79.3 87.4
Total debt 36.2 32.4 27.1 44.5 40.6 60.7 60.8 31.9 31.4 20.6
Net cash (debt) 22.3 41.9 63.1 42.4 57.8 23.6 27.8 52.1 47.8 66.8
Shareholders’ equity 171.4 193.2 218.4 241.4 257.8 277.1 306.5 329.8 322.0 336.4
Debt to equity 0.21 0.17 0.12 0.18 0.16 0.22 0.20 0.10 0.10 0.06

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

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
224.9 254.4 299.8 284.0 269.8 317.9 362.6 355.0 306.5 307.2
Growth +13.1% +17.9% −5.3% −5.0% +17.8% +14.0% −2.1% −13.7% +0.2%
142.1 156.1 178.5 172.3 165.5 192.8 213.0 204.7 181.0 187.8
82.8 98.3 121.3 111.6 104.3 125.1 149.6 150.3 125.5 119.4
Growth +18.7% +23.4% −8.0% −6.6% +20.0% +19.5% +0.5% −16.5% −4.9%
11.1 11.7 11.8 12.1 12.6 17.2 19.8 20.4 20.0 20.8
68.4 73.8 80.9 79.6 78.3 95.3 104.3 106.8 107.5 109.6
11.3 22.5 37.2 28.6 22.7 27.4 43.8 42.0 16.9 13.8
Growth +99.6% +65.5% −23.0% −20.9% +20.8% +60.0% −4.2% −59.8% −17.9%
9.6 20.6 34.0 26.4 18.3 25.9 45.1 38.4 17.6 8.8
3.2 6.2 10.3 4.1 7.5 5.5 8.5 12.4 7.7 3.5
6.4 14.3 23.6 22.2 10.8 20.2 36.1 25.7 9.9 5.3
Growth +124.0% +64.8% −6.2% −51.4% +87.5% +78.3% −28.7% −61.4% −46.6%
Per share
0.49 1.08 1.76 1.64 0.80 1.49 2.65 1.89 0.74 0.40
0.48 1.07 1.75 1.63 0.79 1.48 2.63 1.88 0.74 0.40
Growth +122.9% +63.6% −6.9% −51.5% +87.3% +77.7% −28.5% −60.6% −45.9%
13.2 13.3 13.4 13.5 13.6 13.6 13.6 13.6 13.4 13.3
13.4 13.5 13.5 13.6 13.6 13.7 13.7 13.7 13.4 13.3
Growth +0.4% +0.5% +0.5% +0.2% +0.2% +0.2% −0.3% −2.0% −0.5%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 2.6% a year over five years, and earnings per share fell 12.7% a year.
  • The diluted share count fell 2.3% in five years, so buybacks did some of the work per share.
  • Operating margin is down 3.9 points on five years ago, at 4.5%.
  • Profitable in every one of the 10 years on file.