Photronics, Inc. logo

Photronics, Inc.

PLAB

NASDAQTechnologySemiconductors

Previous close

$30.51

−$0.01 · -0.03%

Aug 21, 4:00 PM ET

Pre-market

$30.16

−$0.35 · -1.15%

Aug 24, 7:27 AM ET

PLAB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

88

Deep Value

Momentum

29

Weakening

Sentiment

70

Bullish

Risk resilience

33

High Risk

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Company profile

Company website

Photronics, Inc., including its affiliated entities, operates as a global supplier focused on the production and distribution of photomask goods and associated services. The company's reach extends across the United States, Taiwan, Korea, Europe, and China, serving international markets. These photomasks are vital for the manufacturing of integrated circuits (ICs) and flat panel displays (FPDs), enabling the precise transfer of circuit patterns onto semiconductor wafers, FPD substrates, and various other electrical and optical components. Photronics markets its offerings to a broad customer base, encompassing semiconductor and FPD manufacturers, designers, foundries, and other producers of high-performance electronics, facilitated by its sales personnel and customer service representatives. Founded in 1969, the company was originally known as Photronic Labs, Inc., changing to Photronics, Inc. in 1990. Its principal office is situated in Brookfield, Connecticut.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
George C. Macricostas
Listed since
Mar 10, 1987
Employees
1,908

Market position

Day range

Current $30.51

52-week range

Current $30.51

Open
$31.04
Previous close
$30.52
Volume
999.36K
0.76× average
Average volume
1.31M
Average daily volume
Market cap
1.8B USD
Beta
1.37
Market reference 1
50-day average
$30.9268
-1.35% below average
200-day average
$35.2084
-13.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
938.29M USD
P/E (TTM)
11.18×
P/B (TTM)
1.42×
P/S (TTM)
2.09×
EV / EBITDA
3.13×
Earnings yield
9.58%
Free cash flow yield
4.19%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
33.77%
Operating margin
22.93%
Net margin
18.47%
Return on equity
11.62%
Return on assets
7.56%
Return on invested capital
10.90%

Financial health

Debt / equity
Current ratio
5.37×
Altman Z-score
6.49
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%29%17%5%Gross margin, FY2021: 25.17%Gross margin, FY2022: 35.68%Gross margin, FY2023: 37.68%Gross margin, FY2024: 36.44%Gross margin, FY2025: 35.30%Operating margin, FY2021: 14.25%Operating margin, FY2022: 25.69%Operating margin, FY2023: 28.37%Operating margin, FY2024: 25.55%Operating margin, FY2025: 24.54%Net margin, FY2021: 8.35%Net margin, FY2022: 14.41%Net margin, FY2023: 14.07%Net margin, FY2024: 15.07%Net margin, FY2025: 16.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.17%. Gross margin FY2022 35.68%. Gross margin FY2023 37.68%. Gross margin FY2024 36.44%. Gross margin FY2025 35.30%. Operating margin FY2021 14.25%. Operating margin FY2022 25.69%. Operating margin FY2023 28.37%. Operating margin FY2024 25.55%. Operating margin FY2025 24.54%. Net margin FY2021 8.35%. Net margin FY2022 14.41%. Net margin FY2023 14.07%. Net margin FY2024 15.07%. Net margin FY2025 16.06%.

Income trends

Revenue

849.29M USD-2.04%

Operating income

208.4M USD-5.92%

Net income

136.41M USD+4.37%
Income trends across reported periods975.74M USD641.09M USD306.44M USD−28.21M USDRevenue, FY2021: 663.76M USDRevenue, FY2022: 824.55M USDRevenue, FY2023: 892.08M USDRevenue, FY2024: 866.95M USDRevenue, FY2025: 849.29M USDOperating income, FY2021: 94.55M USDOperating income, FY2022: 211.87M USDOperating income, FY2023: 253.05M USDOperating income, FY2024: 221.52M USDOperating income, FY2025: 208.4M USDNet income, FY2021: 55.45M USDNet income, FY2022: 118.79M USDNet income, FY2023: 125.49M USDNet income, FY2024: 130.69M USDNet income, FY2025: 136.41M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 663.76M USD. Revenue FY2022 824.55M USD. Revenue FY2023 892.08M USD. Revenue FY2024 866.95M USD. Revenue FY2025 849.29M USD. Operating income FY2021 94.55M USD. Operating income FY2022 211.87M USD. Operating income FY2023 253.05M USD. Operating income FY2024 221.52M USD. Operating income FY2025 208.4M USD. Net income FY2021 55.45M USD. Net income FY2022 118.79M USD. Net income FY2023 125.49M USD. Net income FY2024 130.69M USD. Net income FY2025 136.41M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue849.29M USD866.95M USD892.08M USD824.55M USD663.76M USD
Cost of goods sold549.46M USD551M USD555.91M USD530.34M USD496.72M USD
Gross profit299.83M USD315.95M USD336.16M USD294.21M USD167.04M USD
Research and development15.8M USD16.58M USD13.65M USD18.34M USD18.49M USD
Selling, general, and administrative75.63M USD77.76M USD69.46M USD63.99M USD57.53M USD
Operating expenses91.43M USD94.43M USD83.11M USD82.35M USD72.49M USD
Interest income21.99M USD24.06M USD14.86M USD1.68M USD1.17M USD
Interest expense55K USD334K USD433K USD1.86M USD1.69M USD
Depreciation and amortization77.61M USD82.81M USD80.84M USD80.33M USD90.4M USD
Operating income208.4M USD221.52M USD253.05M USD211.87M USD94.55M USD
Net income136.41M USD130.69M USD125.49M USD118.79M USD55.45M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
2.28
FY2025 · +9.09% year over year
Latest fiscal-year revenue
849.29M USD
FY2025 · -2.04% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend2.421.861.310.75FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend914.91M823.58M732.26M640.93MFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$51.50

68.80% upside
Past 12 months12-month forecastHigh $55.00Average $51.50Low $48.00

Rating distribution

11 ratings
Strong buy00%
Buy764%
Hold218%
Sell218%
Strong sell00%

ETFs holding PLAB

Funds reporting this stock among their holdings, ordered by reported position size.

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