Is the business good?
How good a business is VSH?
Vishay Intertechnology, Inc. earns 2.4% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
2.4%
Return on invested capital · cost of capital 9.0% · 6.6 points below what the capital costs: growth destroys value
- Operating margin
- 2.5%
Operating margin · Semiconductors median 8.5% · 12 months to Q1 2026
- Share count, year on year
- +1.2%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 20%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 8.4% |
| FY2021 | 14% |
| FY2022 | 18% |
| FY2023 | 14% |
| FY2024 | 0.19% |
| FY2025 | 1.8% |
Details›
- Gross margin12 months to Q1 2026
- 20%
- Operating margin12 months to Q1 2026
- 2.5%
- Net margin12 months to Q1 2026
- 0.07%
- Free cash flow margin
- −2.8%
- Revenue, trailing twelve months
- $3.19B
- Free cash flow, trailing twelve months
- −$91M
- Net income, trailing twelve months
- $2.3M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 2.4%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.