Stocks · Technology · Electronic Components & Accessories

VISHAY INTERTECHNOLOGY INC

VSH Clue Score31
United States Fiscal year ends December CIK 0000103730
$34.04 -1.50% Close, 9 Oct 2026
Price $34.04 +72.97% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 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 2016Revenue2,317.3Operating income197.1Net income48.8EPS, diluted0.32Fiscal year 2017Revenue2,599.4 +12.2%Operating income324.0Net income−20.3 −141.7%EPS, diluted−0.14 −143.8%Fiscal year 2018Revenue3,034.7 +16.7%Operating income485.1Net income345.8EPS, diluted2.24Fiscal year 2019Revenue2,668.3 −12.1%Operating income262.4Net income163.9 −52.6%EPS, diluted1.13 −49.6%Fiscal year 2020Revenue2,501.9 −6.2%Operating income209.7Net income122.9 −25.0%EPS, diluted0.85 −24.8%Fiscal year 2021Revenue3,240.5 +29.5%Operating income467.8Net income298.0 +142.4%EPS, diluted2.05 +141.2%Fiscal year 2022Revenue3,497.4 +7.9%Operating income615.5Net income428.8 +43.9%EPS, diluted2.98 +45.4%Fiscal year 2023Revenue3,402.0 −2.7%Operating income486.1Net income323.8 −24.5%EPS, diluted2.31 −22.5%Fiscal year 2024Revenue2,937.6 −13.7%Operating income5.6Net income−31.2 −109.6%EPS, diluted−0.23 −110.0%Fiscal year 2025Revenue3,069.0 +4.5%Operating income56.9Net income−9.0EPS, diluted−0.07
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,317.3 2,599.4 3,034.7 2,668.3 2,501.9 3,240.5 3,497.4 3,402.0 2,937.6 3,069.0
Growth +12.2% +16.7% −12.1% −6.2% +29.5% +7.9% −2.7% −13.7% +4.5%
Operating income 197.1 324.0 485.1 262.4 209.7 467.8 615.5 486.1 5.6 56.9
Net income 48.8 −20.3 345.8 163.9 122.9 298.0 428.8 323.8 −31.2 −9.0
Growth −141.7% −52.6% −25.0% +142.4% +43.9% −24.5% −109.6%
EPS, diluted 0.32 −0.14 2.24 1.13 0.85 2.05 2.98 2.31 −0.23 −0.07
Growth −143.8% −49.6% −24.8% +141.2% +45.4% −22.5% −110.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin24.8%Operating margin8.5%Net margin2.1%Free cash flow margin7.0%Fiscal year 2017Gross margin27.0%Operating margin12.5%Net margin−0.8%Free cash flow margin7.6%Fiscal year 2018Gross margin29.3%Operating margin16.0%Net margin11.4%Free cash flow margin0.9%Fiscal year 2019Gross margin25.2%Operating margin9.8%Net margin6.1%Free cash flow margin5.2%Fiscal year 2020Gross margin23.3%Operating margin8.4%Net margin4.9%Free cash flow margin7.6%Fiscal year 2021Gross margin27.4%Operating margin14.4%Net margin9.2%Free cash flow margin7.4%Fiscal year 2022Gross margin30.3%Operating margin17.6%Net margin12.3%Free cash flow margin4.5%Fiscal year 2023Gross margin28.6%Operating margin14.3%Net margin9.5%Free cash flow margin1.1%Fiscal year 2024Gross margin21.3%Operating margin0.2%Net margin−1.1%Free cash flow margin−5.0%Fiscal year 2025Gross margin19.4%Operating margin1.9%Net margin−0.3%Free cash flow margin−2.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 24.8% 27.0% 29.3% 25.2% 23.3% 27.4% 30.3% 28.6% 21.3% 19.4%
Operating margin 8.5% 12.5% 16.0% 9.8% 8.4% 14.4% 17.6% 14.3% 0.2% 1.9%
Net margin 2.1% −0.8% 11.4% 6.1% 4.9% 9.2% 12.3% 9.5% −1.1% −0.3%
Free cash flow margin 7.0% 7.6% 0.9% 5.2% 7.6% 7.4% 4.5% 1.1% −5.0% −2.9%

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 flow296.5Capital expenditure−134.6Free cash flow161.9Buybacks−23.2Fiscal year 2017Operating cash flow368.8Capital expenditure−170.4Free cash flow198.3 +22.5%Buybacks−39.9Fiscal year 2018Operating cash flow258.5Capital expenditure−229.9Free cash flow28.6 −85.6%Buybacks0.0Fiscal year 2019Operating cash flow296.4Capital expenditure−156.6Free cash flow139.8 +388.7%Buybacks0.0Fiscal year 2020Operating cash flow314.9Capital expenditure−123.6Free cash flow191.3 +36.9%Buybacks0.0Fiscal year 2021Operating cash flow457.1Capital expenditure−218.4Free cash flow238.7 +24.8%Buybacks0.0Fiscal year 2022Operating cash flow484.3Capital expenditure−325.3Free cash flow159.0 −33.4%Buybacks−83.0Fiscal year 2023Operating cash flow365.7Capital expenditure−329.4Free cash flow36.3 −77.2%Buybacks−78.7Fiscal year 2024Operating cash flow173.7Capital expenditure−320.1Free cash flow−146.4 −503.3%Buybacks−50.4Fiscal year 2025Operating cash flow184.3Capital expenditure−273.3Free cash flow−89.0Buybacks−12.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 296.5 368.8 258.5 296.4 314.9 457.1 484.3 365.7 173.7 184.3
Capital expenditure −134.6 −170.4 −229.9 −156.6 −123.6 −218.4 −325.3 −329.4 −320.1 −273.3
Free cash flow 161.9 198.3 28.6 139.8 191.3 238.7 159.0 36.3 −146.4 −89.0
Growth +22.5% −85.6% +388.7% +36.9% +24.8% −33.4% −77.2% −503.3%
Buybacks −23.2 −39.9 0.0 0.0 0.0 0.0 −83.0 −78.7 −50.4 −12.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash471.8Total debt357.0Net cash (debt)114.8Shareholders’ equity1,565.5Debt to equity0.23Fiscal year 2017Cash748.0Total debt370.5Net cash (debt)377.6Shareholders’ equity1,430.4Debt to equity0.26Fiscal year 2018Cash686.0Total debt494.5Net cash (debt)191.5Shareholders’ equity1,382.4Debt to equity0.36Fiscal year 2019Cash694.1Total debt499.1Net cash (debt)195.0Shareholders’ equity1,485.1Debt to equity0.34Fiscal year 2020Cash619.9Total debt394.9Net cash (debt)225.0Shareholders’ equity1,576.2Debt to equity0.25Fiscal year 2021Cash774.1Total debt455.7Net cash (debt)318.4Shareholders’ equity1,743.8Debt to equity0.26Fiscal year 2022Cash610.8Total debt500.9Net cash (debt)109.9Shareholders’ equity2,046.3Debt to equity0.24Fiscal year 2023Cash972.7Total debt818.2Net cash (debt)154.5Shareholders’ equity2,196.1Debt to equity0.37Fiscal year 2024Cash590.3Total debt905.0Net cash (debt)−314.7Shareholders’ equity2,029.0Debt to equity0.45Fiscal year 2025Cash515.0Total debt950.9Net cash (debt)−435.9Shareholders’ equity2,088.3Debt to equity0.46
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 471.8 748.0 686.0 694.1 619.9 774.1 610.8 972.7 590.3 515.0
Total debt 357.0 370.5 494.5 499.1 394.9 455.7 500.9 818.2 905.0 950.9
Net cash (debt) 114.8 377.6 191.5 195.0 225.0 318.4 109.9 154.5 −314.7 −435.9
Shareholders’ equity 1,565.5 1,430.4 1,382.4 1,485.1 1,576.2 1,743.8 2,046.3 2,196.1 2,029.0 2,088.3
Debt to equity 0.23 0.26 0.36 0.34 0.25 0.26 0.24 0.37 0.45 0.46

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

Financial statements FY2025 · 10-K

Balance sheet

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
Assets
471.8 748.0 686.0 694.1 619.9 774.1 610.8 972.7 590.3 515.0
274.0 340.0 397.0 328.2 338.6 396.5 416.2 426.7 401.9 381.8
381.2 429.7 479.7 431.7 448.3 536.5 618.9 647.5 689.4 759.2
848.9 905.8 969.0 951.5 943.2 979.5 1,130.5 1,294.6 1,545.7 1,673.2
141.4 142.7 147.5 150.6 158.2 165.3 201.4 201.4 179.0 180.4
3,080.7 3,462.1 3,106.2 3,120.8 3,154.5 3,543.3 3,865.7 4,239.9 4,110.7 4,234.2
Growth +12.4% −10.3% +0.5% +1.1% +12.3% +9.1% +9.7% −3.0% +3.0%
Liabilities
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
357.0 370.5 494.5 499.1 394.9 455.7 500.9 818.2 905.0 950.9
calc 357.0 370.5 494.5 499.1 394.9 455.7 500.9 818.2 905.0 950.9
1,418.2 1,777.6 1,719.5 1,632.9 1,575.3 1,796.5 1,815.5 2,039.1 2,081.7 2,145.9
Equity
−307.4 −362.3 −61.3 72.2 139.0 401.7 773.2 1,041.4 955.5 892.2
1,565.5 1,430.4 1,382.4 1,485.1 1,576.2 1,743.8 2,046.3 2,196.1 2,029.0 2,088.3
Growth −8.6% −3.4% +7.4% +6.1% +10.6% +17.3% +7.3% −7.6% +2.9%
Per share and net cash
calc 114.8 377.6 191.5 195.0 225.0 318.4 109.9 154.5 −314.7 −435.9

Lines marked calc are worked out here from filed figures; point at one for how.