Photronics Inc (PLAB) — Financial Flexibility Index

Latest as of January 2026: 0.58x

Photronics Inc (PLAB) has a Financial Flexibility Index of 0.58x as of January 2026. Free cash flow of $144.89 Million (operating CF $97.25 Million minus capex $47.63 Million) represents 1% of total liabilities ($251.50 Million). Also explore net asset growth rate of Photronics Inc to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.58x
Free Cash Flow / Total Liabilities

Free Cash Flow

$144.89 Million
Operating CF − Capex

Total Liabilities

$251.50 Million
USD

Capital Expenditures

$47.63 Million
USD

Photronics Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Photronics Inc across 37 annual periods. Check how strategically is Photronics Inc's equity deployed to assess the company's strategic physical and investment asset allocation.

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 PLAB market cap overview.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities