Photronics Inc (PLAB) — Financial Flexibility Index
Photronics Inc (PLAB) has a Financial Flexibility Index of 0.39x as of April 2026. Free cash flow of $92.83 Million (operating CF $47.03 Million minus capex $45.80 Million) represents 0% of total liabilities ($237.37 Million). Check Photronics Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Photronics Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Photronics Inc across 37 annual periods. See PLAB working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Photronics Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Photronics Inc. For the full company profile including market capitalisation, see Photronics Inc (PLAB) total market value.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 2.10x | $435.94 Million | $247.80 Million | $207.23 Million | ▲ +24.0% |
| 2024 | 1.70x | $392.39 Million | $261.44 Million | $231.30 Million | ▼ -1.9% |
| 2023 | 1.73x | $433.47 Million | $302.18 Million | $250.61 Million | ▲ +13.3% |
| 2022 | 1.53x | $387.52 Million | $275.19 Million | $253.74 Million | ▲ +72.5% |
| 2021 | 0.89x | $260.04 Million | $150.77 Million | $293.64 Million | ▼ -6.5% |
| 2020 | 0.95x | $214.02 Million | $143.05 Million | $225.92 Million | ▼ -21.0% |
| 2019 | 1.20x | $249.03 Million | $71.84 Million | $207.57 Million | ▲ +10.5% |
| 2018 | 1.09x | $223.15 Million | $130.57 Million | $205.44 Million | ▼ -10.5% |
| 2017 | 1.21x | $188.80 Million | $96.83 Million | $155.50 Million | ▲ +14.7% |
| 2016 | 1.06x | $172.28 Million | $122.14 Million | $162.79 Million | ▲ +26.5% |
| 2015 | 0.84x | $237.23 Million | $133.19 Million | $283.49 Million | ▲ +29.3% |
| 2014 | 0.65x | $187.45 Million | $96.36 Million | $289.69 Million | ▲ +18.2% |
| 2013 | 0.55x | $163.19 Million | $99.40 Million | $298.10 Million | ▼ -36.9% |
| 2012 | 0.87x | $229.53 Million | $132.55 Million | $264.59 Million | ▲ +2.4% |
| 2011 | 0.85x | $218.67 Million | $136.55 Million | $258.10 Million | ▲ +5.3% |
| 2010 | 0.80x | $167.30 Million | $95.92 Million | $207.94 Million | ▲ +66.9% |
| 2009 | 0.48x | $103.14 Million | $68.15 Million | $213.96 Million | ▼ -20.4% |
| 2008 | 0.61x | $197.21 Million | $92.08 Million | $325.61 Million | ▼ -5.8% |
| 2007 | 0.64x | $228.82 Million | $134.69 Million | $356.03 Million | ▲ +17.5% |
| 2006 | 0.55x | $210.84 Million | $116.20 Million | $385.40 Million | ▼ -29.9% |
| 2005 | 0.78x | $263.92 Million | $142.57 Million | $338.04 Million | ▲ +73.5% |
| 2004 | 0.45x | $206.35 Million | $126.22 Million | $458.67 Million | ▲ +74.2% |
| 2003 | 0.26x | $130.25 Million | $83.23 Million | $504.40 Million | ▼ -56.0% |
| 2002 | 0.59x | $262.86 Million | $136.40 Million | $448.36 Million | ▲ +23.4% |
| 2001 | 0.48x | $162.25 Million | $113.58 Million | $341.37 Million | ▲ +47.1% |
| 2000 | 0.32x | $93.19 Million | $49.59 Million | $288.45 Million | ▼ -48.7% |
| 1999 | 0.63x | $127.70 Million | $55.30 Million | $202.70 Million | ▼ -25.1% |
| 1998 | 0.84x | $144.00 Million | $45.10 Million | $171.10 Million | ▲ +5.6% |
| 1997 | 0.80x | $142.80 Million | $46.50 Million | $179.20 Million | ▼ -53.1% |
| 1996 | 1.70x | $94.40 Million | $38.60 Million | $55.50 Million | ▼ -1.0% |
| 1995 | 1.72x | $69.10 Million | $33.60 Million | $40.20 Million | ▲ +13.1% |
| 1994 | 1.52x | $27.20 Million | $21.00 Million | $17.90 Million | ▼ -31.0% |
| 1993 | 2.20x | $26.00 Million | $10.50 Million | $11.80 Million | ▼ -15.7% |
| 1992 | 2.61x | $20.90 Million | $9.20 Million | $8.00 Million | ▲ +46.1% |
| 1991 | 1.79x | $15.20 Million | $8.80 Million | $8.50 Million | ▲ +29.9% |
| 1990 | 1.38x | $13.90 Million | $7.80 Million | $10.10 Million | ▲ +161.1% |
| 1989 | 0.53x | $6.80 Million | $3.80 Million | $12.90 Million | — |