The Swatch Group AG (0QM4) Ratios
The Swatch Group AG Ratios
GB:0QM4's free cash flow for Q2 2026 was $153.00M. For the 2026 fiscal year, GB:0QM4's free cash flow was decreased by $-151.00M and operating cash flow was $304.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 9.76 | 9.79 | 8.61 | 9.23 | 7.34 |
| Quick Ratio | 2.34 | 2.31 | 2.62 | 3.13 | 2.70 |
| Cash Ratio | 1.03 | 1.08 | 1.38 | 1.93 | 1.44 |
| Solvency Ratio | 0.25 | 0.32 | 0.62 | 0.64 | 0.56 |
| Operating Cash Flow Ratio | 0.52 | 0.33 | 0.50 | 0.64 | 0.94 |
| Short-Term Operating Cash Flow Coverage | 14.08 | 30.27 | 8.42 | 181.00 | 13.38 |
| Net Current Asset Value | $ 7.88B | $ 8.23B | $ 8.53B | $ 8.55B | $ 8.03B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
| Debt-to-Equity Ratio | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
| Debt-to-Capital Ratio | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.16 | 1.16 | 1.17 | 1.16 | 1.19 |
| Debt Service Coverage Ratio | 11.30 | 30.56 | 16.00 | 114.27 | 11.18 |
| Interest Coverage Ratio | 33.75 | 0.64 | 27.29 | 165.43 | 113.44 |
| Debt to Market Cap | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
| Interest Debt Per Share | 0.81 | 0.39 | 1.58 | 0.22 | 1.82 |
| Net Debt to EBITDA | -1.66 | -1.61 | -1.04 | -1.42 | -1.32 |
| Profitability Margins | |||||
| Gross Profit Margin | 82.20% | 83.19% | 85.08% | 82.54% | 79.42% |
| EBIT Margin | 2.58% | 4.54% | 15.10% | 15.46% | 13.98% |
| EBITDA Margin | 9.32% | 10.04% | 19.55% | 20.40% | 19.44% |
| Operating Profit Margin | 2.15% | 0.07% | 2.42% | 15.44% | 13.96% |
| Pretax Profit Margin | 2.52% | 5.12% | 14.60% | 14.62% | 13.82% |
| Net Profit Margin | 0.05% | 2.87% | 11.02% | 10.76% | 10.46% |
| Continuous Operations Profit Margin | 0.40% | 3.25% | 11.28% | 10.97% | 10.58% |
| Net Income Per EBT | 1.90% | 55.94% | 75.43% | 73.63% | 75.67% |
| EBT Per EBIT | 117.04% | 7666.67% | 603.14% | 94.65% | 99.02% |
| Return on Assets (ROA) | 0.02% | 1.38% | 6.11% | 5.81% | 5.59% |
| Return on Equity (ROE) | 0.03% | 1.59% | 7.12% | 6.73% | 6.63% |
| Return on Capital Employed (ROCE) | 1.09% | 0.03% | 1.47% | 9.07% | 8.30% |
| Return on Invested Capital (ROIC) | 0.17% | 0.02% | 1.13% | 6.86% | 6.30% |
| Return on Tangible Assets | 0.02% | 1.39% | 6.17% | 5.87% | 5.65% |
| Earnings Yield | 0.03% | 2.26% | 7.33% | 5.16% | 4.61% |
| Efficiency Ratios | |||||
| Receivables Turnover | 10.57 | 9.73 | 11.74 | 9.79 | 8.64 |
| Payables Turnover | 4.56 | 4.19 | 3.71 | 4.39 | 4.81 |
| Inventory Turnover | 0.15 | 0.15 | 0.16 | 0.19 | 0.24 |
| Fixed Asset Turnover | 2.01 | 2.13 | 2.60 | 2.77 | 2.64 |
| Asset Turnover | 0.47 | 0.48 | 0.55 | 0.54 | 0.53 |
| Working Capital Turnover Ratio | 0.71 | 0.74 | 0.85 | 0.83 | 0.87 |
| Cash Conversion Cycle | 2336.18 | 2414.19 | 2199.39 | 1870.65 | 1515.81 |
| Days of Sales Outstanding | 34.52 | 37.50 | 31.10 | 37.28 | 42.22 |
| Days of Inventory Outstanding | 2381.64 | 2463.75 | 2266.60 | 1916.46 | 1549.49 |
| Days of Payables Outstanding | 79.99 | 87.06 | 98.31 | 83.09 | 75.91 |
| Operating Cycle | 2416.17 | 2501.25 | 2297.69 | 1953.74 | 1591.72 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 9.77 | 6.44 | 11.86 | 12.17 | 21.82 |
| Free Cash Flow Per Share | 1.89 | -4.18 | -3.28 | 5.46 | 16.73 |
| Dividend Paid and CapEx Coverage Ratio | 0.79 | 0.38 | 0.56 | 1.06 | 2.68 |
| Capital Expenditure Coverage Ratio | 1.24 | 0.61 | 0.78 | 1.81 | 4.28 |
| Operating Cash Flow Coverage Ratio | 13.34 | 25.62 | 8.20 | 120.67 | 13.11 |
| Operating Cash Flow to Sales Ratio | 0.08 | 0.05 | 0.08 | 0.10 | 0.18 |
| Free Cash Flow Yield | 1.12% | -2.53% | -1.43% | 2.08% | 6.00% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 2910.90 | 44.24 | 13.64 | 19.38 | 21.69 |
| Price-to-Sales (P/S) Ratio | 1.39 | 1.27 | 1.50 | 2.09 | 2.27 |
| Price-to-Book (P/B) Ratio | 0.76 | 0.70 | 0.97 | 1.31 | 1.44 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 89.11 | -39.48 | -69.72 | 48.13 | 16.68 |
| Price-to-Operating Cash Flow Ratio | 17.22 | 25.61 | 19.27 | 21.61 | 12.79 |
| Price-to-Earnings Growth (PEG) Ratio | -29.57 | -0.57 | 1.78 | 3.58 | -0.01 |
| Enterprise Value Multiple | 13.27 | 11.00 | 6.64 | 8.81 | 10.35 |
| Enterprise Value | 7.76B | 7.44B | 10.24B | 13.47B | 14.72B |
| EV to EBITDA | 13.27 | 11.00 | 6.64 | 8.81 | 10.35 |
| EV to Sales | 1.24 | 1.10 | 1.30 | 1.80 | 2.01 |
| EV to Free Cash Flow | 79.19 | -34.44 | -60.26 | 41.46 | 14.79 |
| EV to Operating Cash Flow | 15.31 | 22.34 | 16.66 | 18.61 | 11.34 |
| Tangible Book Value Per Share | 221.77 | 233.44 | 233.46 | 200.15 | 192.68 |
| Shareholders’ Equity Per Share | 222.74 | 234.33 | 235.24 | 201.49 | 194.01 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.84 | 0.37 | 0.23 | 0.25 | 0.23 |
| Revenue Per Share | 120.99 | 130.30 | 152.13 | 126.07 | 122.95 |
| Net Income Per Share | 0.06 | 3.73 | 16.76 | 13.57 | 12.86 |
| Tax Burden | 0.02 | 0.56 | 0.75 | 0.74 | 0.76 |
| Interest Burden | 0.98 | 1.13 | 0.97 | 0.95 | 0.99 |
| Research & Development to Revenue | 0.00 | 0.04 | 0.04 | 0.04 | 0.04 |
| SG&A to Revenue | 0.38 | 0.45 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 169.00 | 1.52 | 0.71 | 0.90 | 1.70 |
Currency in CHF