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Applied Optoelectronics (AAOI) Ratios
Applied Optoelectronics Ratios
AAOI's free cash flow for Q2 2026 was $-265.33M. For the 2026 fiscal year, AAOI's free cash flow was decreased by $-276.91M and operating cash flow was $11.57M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.63 | 1.77 | 1.85 | 1.32 | 1.78 |
| Quick Ratio | 1.91 | 1.25 | 1.16 | 0.75 | 0.93 |
| Cash Ratio | 0.84 | 0.40 | 0.49 | 0.18 | 0.32 |
| Solvency Ratio | -0.02 | -0.52 | -0.20 | -0.19 | -0.14 |
| Operating Cash Flow Ratio | -0.68 | -0.41 | -0.08 | -0.10 | -0.11 |
| Short-Term Operating Cash Flow Coverage | -4.65 | -1.67 | -0.20 | -0.20 | -0.20 |
| Net Current Asset Value | $ 241.22M | $ -16.65M | $ -1.71M | $ -40.43M | $ -5.81M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.14 | 0.35 | 0.31 | 0.38 | 0.33 |
| Debt-to-Equity Ratio | 0.23 | 0.83 | 0.56 | 0.84 | 0.59 |
| Debt-to-Capital Ratio | 0.19 | 0.45 | 0.36 | 0.46 | 0.37 |
| Long-Term Debt-to-Capital Ratio | 0.15 | 0.38 | 0.26 | 0.30 | 0.25 |
| Financial Leverage Ratio | 1.59 | 2.39 | 1.81 | 2.21 | 1.79 |
| Debt Service Coverage Ratio | -0.17 | -3.29 | -0.54 | -0.49 | -0.36 |
| Interest Coverage Ratio | -15.61 | -10.39 | -4.39 | -9.34 | -10.10 |
| Debt to Market Cap | 0.08 | 0.12 | 0.19 | 2.83 | 1.02 |
| Interest Debt Per Share | 2.84 | 4.76 | 4.09 | 5.81 | 5.78 |
| Net Debt to EBITDA | 3.14 | -0.78 | -2.89 | -3.55 | -4.97 |
| Profitability Margins | |||||
| Gross Profit Margin | 30.04% | 24.78% | 27.07% | 15.09% | 17.83% |
| EBIT Margin | -9.48% | -72.15% | -21.42% | -26.96% | -22.94% |
| EBITDA Margin | -3.40% | -63.86% | -12.03% | -16.55% | -10.95% |
| Operating Profit Margin | -11.98% | -28.44% | -19.00% | -26.48% | -26.83% |
| Pretax Profit Margin | -10.25% | -74.88% | -25.75% | -29.80% | -25.60% |
| Net Profit Margin | -8.39% | -74.88% | -25.75% | -29.80% | -25.60% |
| Continuous Operations Profit Margin | -8.39% | -74.88% | -25.75% | -29.80% | -25.60% |
| Net Income Per EBT | 81.85% | 100.00% | 100.02% | 100.00% | 100.00% |
| EBT Per EBIT | 85.54% | 263.34% | 135.53% | 112.54% | 95.41% |
| Return on Assets (ROA) | -3.27% | -34.14% | -14.40% | -16.26% | -11.92% |
| Return on Equity (ROE) | -5.21% | -81.50% | -26.08% | -35.95% | -21.28% |
| Return on Capital Employed (ROCE) | -5.99% | -18.81% | -13.98% | -21.88% | -16.43% |
| Return on Invested Capital (ROIC) | -4.71% | -16.88% | -12.31% | -17.34% | -14.03% |
| Return on Tangible Assets | -3.28% | -34.37% | -14.73% | -16.63% | -12.18% |
| Earnings Yield | -1.82% | -12.20% | -9.08% | -126.16% | -39.15% |
| Efficiency Ratios | |||||
| Receivables Turnover | 1.86 | 2.13 | 4.51 | 3.62 | 3.77 |
| Payables Turnover | 2.21 | 1.79 | 4.83 | 3.95 | 5.05 |
| Inventory Turnover | 1.74 | 2.13 | 2.49 | 2.37 | 1.88 |
| Fixed Asset Turnover | 1.07 | 1.09 | 1.06 | 1.03 | 0.85 |
| Asset Turnover | 0.39 | 0.46 | 0.56 | 0.55 | 0.47 |
| Working Capital Turnover Ratio | 1.66 | 2.37 | 3.52 | 3.44 | 2.21 |
| Cash Conversion Cycle | 240.60 | 138.20 | 152.21 | 162.18 | 218.78 |
| Days of Sales Outstanding | 195.75 | 170.96 | 80.98 | 100.77 | 96.77 |
| Days of Inventory Outstanding | 209.64 | 171.51 | 146.86 | 153.72 | 194.24 |
| Days of Payables Outstanding | 164.79 | 204.27 | 75.64 | 92.31 | 72.23 |
| Operating Cycle | 405.39 | 342.47 | 227.85 | 254.49 | 291.01 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -2.90 | -1.67 | -0.25 | -0.50 | -0.43 |
| Free Cash Flow Per Share | -5.87 | -2.72 | -0.55 | -0.66 | -0.83 |
| Dividend Paid and CapEx Coverage Ratio | -0.97 | -1.60 | -0.82 | -3.31 | -1.09 |
| Capital Expenditure Coverage Ratio | -0.97 | -1.60 | -0.82 | -3.31 | -1.09 |
| Operating Cash Flow Coverage Ratio | -1.04 | -0.36 | -0.07 | -0.09 | -0.08 |
| Operating Cash Flow to Sales Ratio | -0.38 | -0.28 | -0.04 | -0.06 | -0.06 |
| Free Cash Flow Yield | -16.85% | -7.38% | -2.85% | -34.69% | -16.12% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -54.47 | -8.19 | -11.01 | -0.79 | -2.55 |
| Price-to-Sales (P/S) Ratio | 4.60 | 6.14 | 2.84 | 0.24 | 0.65 |
| Price-to-Book (P/B) Ratio | 2.86 | 6.68 | 2.87 | 0.28 | 0.54 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -5.93 | -13.56 | -35.07 | -2.88 | -6.20 |
| Price-to-Operating Cash Flow Ratio | -12.03 | -22.02 | -77.84 | -3.75 | -11.88 |
| Price-to-Earnings Growth (PEG) Ratio | 0.63 | -0.05 | 0.42 | -0.04 | 0.10 |
| Enterprise Value Multiple | -132.12 | -10.39 | -26.46 | -4.98 | -10.94 |
| Enterprise Value | 2.05B | 1.65B | 692.87M | 183.47M | 253.57M |
| EV to EBITDA | -132.12 | -10.39 | -26.46 | -4.98 | -10.94 |
| EV to Sales | 4.50 | 6.64 | 3.18 | 0.82 | 1.20 |
| EV to Free Cash Flow | -5.80 | -14.65 | -39.38 | -10.05 | -11.37 |
| EV to Operating Cash Flow | -11.75 | -23.80 | -87.38 | -13.08 | -21.78 |
| Tangible Book Value Per Share | 12.13 | 5.43 | 6.46 | 6.31 | 9.10 |
| Shareholders’ Equity Per Share | 12.19 | 5.52 | 6.73 | 6.63 | 9.46 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.18 | -0.00 | -0.00 | -0.00 | -0.00 |
| Revenue Per Share | 7.57 | 6.00 | 6.81 | 8.00 | 7.86 |
| Net Income Per Share | -0.64 | -4.50 | -1.75 | -2.38 | -2.01 |
| Tax Burden | 0.82 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest Burden | 1.08 | 1.04 | 1.20 | 1.11 | 1.12 |
| Research & Development to Revenue | 0.19 | 0.22 | 0.17 | 0.16 | 0.19 |
| SG&A to Revenue | 0.23 | 0.31 | 0.24 | 0.21 | 0.20 |
| Stock-Based Compensation to Revenue | 0.03 | 0.06 | 0.05 | 0.04 | 0.06 |
| Income Quality | 4.56 | 0.37 | 0.14 | 0.21 | 0.21 |
Currency in USD
