Is the business good?
How good a business is AMKR?
Amkor Technology, Inc. earns 10% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
10%
Return on invested capital · cost of capital 9.0% · 1.3 points above what the capital costs: growth creates value
- Operating margin
- 7.6%
Operating margin · Semiconductor Equipment & Materials median 8.4% · 12 months to Q1 2026
- Cash conversion
- 0.38×
Cash conversion · 0.71× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- +0.70%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 9.0% |
| FY2021 | 12% |
| FY2022 | 13% |
| FY2023 | 7.2% |
| FY2024 | 6.9% |
| FY2025 | 7.0% |
Details›
- Gross margin12 months to Q1 2026
- 14%
- Operating margin12 months to Q1 2026
- 7.6%
- Net margin12 months to Q1 2026
- 6.2%
- Free cash flow margin
- 2.4%
- R&D as % of revenue
- 2.3%
- Revenue, trailing twelve months
- $7.07B
- Free cash flow, trailing twelve months
- $167M
- Net income, trailing twelve months
- $436M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 10%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Semiconductor Equipment & Materials
Ranks #11 of 22 by Smart Score