NVIDIA Financial Ratios
NASDAQ: NVDATechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NVIDIA ratio analysis
NVIDIA earned a net margin of 55.6% in FY 2026, down from 55.8% a year earlier. Gross margin was 71.1% compared with a median of 62.0% over the prior 9 years. Return on equity reached 76.3%, meaning NVIDIA generated 0.76 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks.
Debt-to-equity stood at 0.05 versus 0.11 the year before, and the current ratio was 3.91. At the end of FY 2026, NVDA traded at 38.3 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 0.6 to 119.8, with a median of 6.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
NVIDIA financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 38.30 | 48.51 | 51.29 | 119.79 | 5.93 | 7.51 | 5.54 | 0.60 | 1.26 | 1.09 |
| Price / sales | 21.17 | 26.84 | 24.73 | 18.78 | 2.12 | 1.92 | 1.40 | 0.21 | 0.38 | 0.22 |
| Price / book | 29.06 | 44.15 | 35.06 | 22.92 | 2.14 | 1.90 | 1.25 | 0.26 | 0.49 | 0.26 |
| Gross margin | 71.1% | 75.0% | 72.7% | 56.9% | 64.9% | 62.3% | 62.0% | 61.2% | 59.9% | 58.8% |
| Operating margin | 60.4% | 62.4% | 54.1% | 15.7% | 37.3% | 27.2% | 26.1% | 32.5% | 33.0% | 28.0% |
| Net margin | 55.6% | 55.8% | 48.8% | 16.2% | 36.2% | 26.0% | 25.6% | 35.3% | 31.4% | 24.1% |
| Free cash flow margin | 44.8% | 46.6% | 44.4% | 14.1% | 30.2% | 34.9% | 43.6% | 31.9% | 36.1% | 24.2% |
| Return on equity (ROE) | 76.3% | 91.9% | 69.2% | 19.8% | 36.6% | 25.6% | 22.9% | 44.3% | 40.8% | 28.9% |
| Return on assets (ROA) | 58.1% | 65.3% | 45.3% | 10.6% | 22.1% | 15.0% | 16.1% | 31.2% | 27.1% | 16.9% |
| Debt / equity | 0.05 | 0.11 | 0.23 | 0.50 | 0.41 | 0.41 | 0.16 | 0.21 | 0.27 | 0.34 |
| Current ratio | 3.91 | 4.44 | 4.17 | 3.52 | 6.65 | 4.09 | 7.67 | 7.94 | 8.03 | 4.77 |
| Revenue growth | 65.5% | 114.2% | 125.9% | 0.2% | 61.4% | 52.7% | -6.8% | 20.6% | 40.6% | 37.9% |
| EPS growth | 66.7% | 147.1% | 600.0% | -95.6% | 122.5% | 53.1% | -83.0% | 37.6% | 87.5% | 138.0% |