Photronics

Photronics is the leader in the design, development and production of reticles and photomasks for semiconductor and microelectronic applications. Photronics supports wide-ranging technology needs, from routine wafer production at 250nm and above to advanced sub-wavelength reticle applications at 65nm and below. With innovative service initiatives such as its proprietary design software application CyberMask and global manufacturing control system MaskTrac, customers can easily place orders, review SPC data, and track delivery status.

Type
Public
HQ
Brookfield, US
Founded
1969
Size (employees)
1,530 (est)-1%
Photronics was founded in 1969 and is headquartered in Brookfield, US

Photronics Office Locations

Photronics has offices in Brookfield, Dresden, Bridgend, Allen and in 3 other locations
Brookfield, US (HQ)
15 Secor Rd
Daya District, TW
13 Tongshan Road
Boise, US
10136 S Federal Way
Allen, US
601 Millennium Dr
Bridgend, GB
1 Technology Dr
Dresden, DE
4 Maria-Reiche-Straße
Show all (7)

Photronics Data and Metrics

Photronics Financial Metrics

Photronics's revenue was reported to be $108.3 m in Q2, 2017
USD

Revenue (Q2, 2017)

108.3 m

Gross profit (Q2, 2017)

196.4 m

Gross profit margin (Q2, 2017), %

181%

Net income (Q2, 2017)

1.5 m

EBIT (Q2, 2017)

5.5 m

Market capitalization (18-Aug-2017)

523.9 m

Cash (30-Apr-2017)

345.7 m
Photronics's current market capitalization is $523.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

422.2 m455.5 m524.2 m483.5 m

Revenue growth, %

8%15%(8%)

Cost of goods sold

322.5 m355.2 m381.1 m364.8 m

Gross profit

99.6 m810.7 m905.3 m118.7 m

Gross profit Margin, %

24%178%173%25%

R&D expense

20.8 m21.9 m21.9 m21.7 m

General and administrative expense

44.6 m

Operating expense total

20.8 m66.2 m

EBIT

30.8 m28.8 m72.2 m52.5 m

EBIT margin, %

7%6%14%11%

Interest expense

7.8 m7.2 m5 m3.4 m

Interest income

3.9 m3.4 m2.8 m2.4 m

Pre tax profit

26.8 m41.3 m70 m60.5 m

Income tax expense

(7.2 m)(9.3 m)(13.2 m)(4.8 m)

Net Income

19.6 m32 m56.9 m55.7 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

124.9 m123.5 m127.3 m131.7 m130 m122.9 m123.2 m109.8 m108.3 m

Cost of goods sold

96.2 m95.3 m94.2 m94.5 m94.5 m91.6 m91.8 m86.8 m88.1 m

Gross profit

221.1 m218.8 m221.5 m226.2 m224.5 m31.3 m215 m196.7 m196.4 m

Gross profit Margin, %

177%177%174%172%173%25%174%179%181%

R&D expense

5.2 m4.7 m5.8 m6.3 m5.7 m5.4 m5.5 m3.5 m3.7 m

General and administrative expense

12.4 m11.9 m12.4 m12.4 m12.2 m11 m11.2 m10.9 m10.9 m

Operating expense total

16.5 m

EBIT

11.1 m11.6 m14.9 m18.6 m17.5 m14.8 m14.8 m8.6 m5.5 m

EBIT margin, %

9%9%12%14%13%12%12%8%5%

Interest expense

1.8 m1.4 m1.2 m1.2 m1.2 m964 k612 k559 k549 k

Interest income

641 k87 k224 k1.4 m2.1 m2 m1.8 m1.5 m3.1 m

Pre tax profit

9.9 m10.3 m13.4 m18.8 m27.2 m16.2 m6.6 m

Income tax expense

(2.5 m)(3.1 m)(1.3 m)(3.4 m)(3.7 m)2.3 m(4.8 m)(2.1 m)(431 k)

Net Income

7.3 m7.1 m12.2 m15.4 m23.5 m14.2 m11.5 m4.5 m1.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

215.6 m192.9 m205.9 m314.1 m

Accounts Receivable

73.4 m94.5 m110.1 m92.6 m

Inventories

18.8 m22.5 m24.2 m22.1 m

Current Assets

318.5 m336.5 m364.1 m441.6 m

PP&E

422.7 m550.1 m547.3 m506.4 m

Total Assets

885.9 m1 b1 b988.3 m

Accounts Payable

59.2 m77.8 m79.1 m48.9 m

Total Debt

62.1 m

Current Liabilities

104.6 m139.1 m192.7 m81.3 m

Total Liabilities

162.8 m

Additional Paid-in Capital

498.9 m520.2 m526.4 m541.1 m

Retained Earnings

59.4 m85.4 m130.1 m176.3 m

Total Equity

587.8 m739.5 m762.1 m825.5 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.5 x1.4 x1.4 x1.2 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

196.3 m168.6 m176.1 m191.6 m231.4 m194 m291.7 m329.7 m345.7 m

Inventories

23.7 m23.8 m23.2 m23.3 m21.8 m24.5 m24.6 m23.6 m24.5 m

Current Assets

353.8 m320.5 m321.6 m340.6 m373 m347.2 m441.4 m450.5 m472.5 m

PP&E

547.4 m593 m603 m568.9 m519.3 m523.7 m522.2 m496.7 m503.9 m

Total Assets

1 b1.1 b1.1 b1 b1 b1 b1 b987.5 m1 b

Accounts Payable

82 m125.6 m119.6 m110.9 m69.9 m65.7 m63 m47.4 m58.2 m

Current Liabilities

149 m177 m170.2 m161.5 m166.4 m114.1 m97.1 m75.3 m92 m

Additional Paid-in Capital

496.6 m521.6 m522.9 m524.9 m529.3 m538.5 m539.6 m543.1 m545 m

Retained Earnings

81.2 m89.3 m99.3 m111.4 m151.1 m162.9 m171 m178.2 m180 m

Total Equity

720.3 m728 m754 m746 m767.5 m802.8 m819.4 m831.4 m844.8 m

Financial Leverage

1.5 x1.4 x1.4 x1.4 x1.3 x1.2 x1.2 x1.2 x1.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

19.6 m32 m56.9 m55.7 m

Accounts Receivable

2.4 m5.3 m(22 m)18.8 m

Inventories

(891 k)(2.6 m)(2.9 m)2.3 m

Accounts Payable

4.4 m(12.2 m)14.1 m(36.5 m)

Cash From Operating Activities

99.4 m96.4 m133.2 m122.1 m

Purchases of PP&E

(63.8 m)(91.1 m)(104 m)(50.1 m)

Cash From Investing Activities

(66.2 m)(87.5 m)(104.3 m)52.3 m

Long-term Borrowings

(8.3 m)(29.8 m)(9.6 m)(57.6 m)

Cash From Financing Activities

(39.8 m)(29.5 m)(7.1 m)(67 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

7.3 m7.1 m12.2 m15.4 m23.5 m14.2 m11.5 m4.5 m1.5 m

Inventories

23.7 m23.8 m23.2 m23.3 m21.8 m24.5 m24.6 m23.6 m24.5 m

Accounts Payable

82 m125.6 m119.6 m110.9 m69.9 m65.7 m63 m47.4 m58.2 m
Y, 2017

Financial Leverage

1.2 x

Photronics Operating Metrics

Photronics's Customers was reported to be 600 in FY, 2016
FY, 2014FY, 2015FY, 2016

Customers

600600600

Patents (US)

505040

Photronics Market Value History

Photronics Revenue Breakdown

Traffic Overview of Photronics

Photronics Company Life and Culture

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