Qorvo Inc (QRVO) - Net Assets
Based on the latest financial reports, Qorvo Inc (QRVO) has net assets worth $3.34 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.83 Billion) and total liabilities ($2.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Qorvo Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.34 Billion |
| % of Total Assets | 57.41% |
| Annual Growth Rate | 9.67% |
| 5-Year Change | -26.55% |
| 10-Year Change | -31.7% |
| Growth Volatility | 157.41 |
Qorvo Inc - Net Assets Trend (2000–2026)
This chart illustrates how Qorvo Inc's net assets have evolved over time, based on quarterly financial data. See Qorvo Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qorvo Inc (2000–2026)
The table below shows the annual net assets of Qorvo Inc from 2000 to 2026. For live valuation and market cap data, see market value of Qorvo Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $3.34 Billion | -1.42% |
| 2025-03-31 | $3.39 Billion | -4.61% |
| 2024-03-31 | $3.56 Billion | -8.88% |
| 2023-03-31 | $3.90 Billion | -14.28% |
| 2022-03-31 | $4.55 Billion | -1.65% |
| 2021-03-31 | $4.63 Billion | +7.85% |
| 2020-03-31 | $4.29 Billion | -1.54% |
| 2019-03-31 | $4.36 Billion | -8.71% |
| 2018-03-31 | $4.78 Billion | -2.47% |
| 2017-03-31 | $4.90 Billion | -2.06% |
| 2016-03-31 | $5.00 Billion | -19.01% |
| 2015-03-31 | $6.17 Billion | +812.72% |
| 2014-03-31 | $676.35 Million | +5.84% |
| 2013-03-31 | $639.01 Million | -4.96% |
| 2012-03-31 | $672.33 Million | -0.59% |
| 2011-03-31 | $676.36 Million | +27.59% |
| 2010-03-31 | $530.08 Million | +45.61% |
| 2009-03-31 | $364.04 Million | -70.61% |
| 2008-03-31 | $1.24 Billion | +72.11% |
| 2007-03-31 | $719.67 Million | +20.07% |
| 2006-03-31 | $599.36 Million | +9.36% |
| 2005-03-31 | $548.05 Million | -9.13% |
| 2004-03-31 | $603.14 Million | +8.21% |
| 2003-03-31 | $557.40 Million | +43.04% |
| 2002-03-31 | $389.69 Million | +3.50% |
| 2001-03-31 | $376.50 Million | +24.19% |
| 2000-03-31 | $303.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qorvo Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 31.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $38.79 Million | 1.16% |
| Common Stock | $3.30 Billion | 98.72% |
| Other Comprehensive Income | $4.06 Million | 0.12% |
| Total Equity | $3.34 Billion | 100.00% |
Qorvo Inc Competitors by Market Cap
The table below lists competitors of Qorvo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Companhia Paranaense de Energia - COPEL
SA:CPLE3
|
$8.33 Billion |
|
YTO Express Group Co Ltd
SHG:600233
|
$8.33 Billion |
|
Grupo Aeroportuario del Sureste S. A. B. de C. V
MX:ASURB
|
$8.34 Billion |
|
Mineral Resources Limited
F:F5J
|
$8.34 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
$8.32 Billion |
|
Airtac International Group
TW:1590
|
$8.32 Billion |
|
Birkenstock Holding plc
NYSE:BIRK
|
$8.31 Billion |
|
Novoray Corporation
SHG:688300
|
$8.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qorvo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,392,312,000 to 3,344,299,000, a change of -48,013,000 (-1.4%).
- Net income of 338,989,000 contributed positively to equity growth.
- Share repurchases of 532,552,000 reduced equity.
- New share issuances of 35,492,000 increased equity.
- Other comprehensive income increased equity by 9,074,000.
- Other factors increased equity by 100,984,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $338.99 Million | +10.14% |
| Share Repurchases | $532.55 Million | -15.92% |
| Share Issuances | $35.49 Million | +1.06% |
| Other Comprehensive Income | $9.07 Million | +0.27% |
| Other Changes | $100.98 Million | +3.02% |
| Total Change | $- | -1.42% |
Book Value vs Market Value Analysis
This analysis compares Qorvo Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.32x to 2.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | $9.17 | $94.65 | x |
| 2014-03-31 | $9.39 | $94.65 | x |
| 2015-03-31 | $66.23 | $94.65 | x |
| 2016-03-31 | $35.22 | $94.65 | x |
| 2017-03-31 | $38.52 | $94.65 | x |
| 2018-03-31 | $37.62 | $94.65 | x |
| 2019-03-31 | $34.23 | $94.65 | x |
| 2020-03-31 | $35.98 | $94.65 | x |
| 2021-03-31 | $39.90 | $94.65 | x |
| 2022-03-31 | $40.82 | $94.65 | x |
| 2023-03-31 | $37.88 | $94.65 | x |
| 2024-03-31 | $36.45 | $94.65 | x |
| 2025-03-31 | $35.54 | $94.65 | x |
| 2026-03-31 | $35.75 | $94.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qorvo Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.22%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.74x
- Recent ROE (10.14%) is above the historical average (5.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 16.52% | 17.34% | 0.84x | 1.14x | $19.78 Million |
| 2001 | 9.29% | 10.43% | 0.47x | 1.91x | $-2.68 Million |
| 2004 | 4.93% | 4.56% | 0.66x | 1.64x | $-30.61 Million |
| 2006 | 2.72% | 2.11% | 0.83x | 1.56x | $-43.61 Million |
| 2007 | 11.59% | 8.15% | 0.94x | 1.51x | $11.45 Million |
| 2008 | 0.46% | 0.60% | 0.47x | 1.63x | $-118.12 Million |
| 2010 | 13.40% | 7.26% | 0.96x | 1.91x | $18.01 Million |
| 2011 | 18.42% | 11.84% | 1.03x | 1.52x | $56.92 Million |
| 2012 | 0.13% | 0.10% | 0.90x | 1.43x | $-66.38 Million |
| 2013 | -8.29% | -5.50% | 1.03x | 1.46x | $-116.90 Million |
| 2014 | 1.87% | 1.10% | 1.25x | 1.36x | $-54.99 Million |
| 2015 | 3.18% | 11.47% | 0.25x | 1.12x | $-421.01 Million |
| 2016 | -0.58% | -1.10% | 0.40x | 1.32x | $-528.81 Million |
| 2017 | -0.34% | -0.55% | 0.46x | 1.33x | $-506.23 Million |
| 2018 | -0.84% | -1.35% | 0.47x | 1.34x | $-517.84 Million |
| 2019 | 3.05% | 4.31% | 0.53x | 1.33x | $-302.84 Million |
| 2020 | 7.79% | 10.32% | 0.49x | 1.53x | $-94.94 Million |
| 2021 | 15.85% | 18.27% | 0.56x | 1.56x | $270.67 Million |
| 2022 | 22.70% | 22.24% | 0.62x | 1.65x | $578.03 Million |
| 2023 | 2.64% | 2.89% | 0.53x | 1.71x | $-287.13 Million |
| 2024 | -1.98% | -1.87% | 0.58x | 1.84x | $-425.96 Million |
| 2025 | 1.64% | 1.50% | 0.63x | 1.75x | $-283.62 Million |
| 2026 | 10.14% | 9.22% | 0.63x | 1.74x | $4.56 Million |
Industry Comparison
This section compares Qorvo Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $8,703,311,242
- Average return on equity (ROE) among peers: -31.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qorvo Inc (QRVO) | $3.34 Billion | 16.52% | 0.74x | $8.33 Billion |
| Analog Devices Inc (ADI) | $363.40 Million | 7.68% | 0.25x | $202.34 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $586.87 Million | 3.06% | 0.27x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $440.58 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $77.11 Billion | 23.11% | 0.78x | $51.18 Billion |
About Qorvo Inc
Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency, analog mixed signal, and powe… Read more