ValueScreener

ValueScreener company report

NVIDIA Corporation (NVDA)

NASDAQ / Technology / Semiconductors

Share price

217.23 USD Market dataClose of Oct 15, 2026

Market capitalisation

5.24T USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2026, filed Feb 25, 2026
Ratios computed
Oct 15, 2026
Filed years
10, FY2017 to FY2026
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

70.0% Computed

From the FY2026 filing

Read quality

Valuation

Price to earnings

44.06x Computed

FY2026 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

1.8% Computed

FY2026 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2017 Revenue: 6.91B USDFY2017 Net income: 1.67B USDFY2018 Revenue: 9.71B USDFY2018 Net income: 3.05B USDFY2019 Revenue: 11.72B USDFY2019 Net income: 4.14B USDFY2020 Revenue: 10.92B USDFY2020 Net income: 2.80B USDFY2021 Revenue: 16.68B USDFY2021 Net income: 4.33B USDFY2022 Revenue: 26.91B USDFY2022 Net income: 9.75B USDFY2023 Revenue: 26.97B USDFY2023 Net income: 4.37B USDFY2024 Revenue: 60.92B USDFY2024 Net income: 29.76B USDFY2025 Revenue: 130.50B USDFY2025 Net income: 72.88B USDFY2026 Revenue: 215.94B USDFY2026 Net income: 120.07B USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
8 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 44.06x at the close of 2026-10-15 on FY2026 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits above the highest.

Today, against the Semiconductors industry (51 companies), 44.06x sits at the 37th percentile; the middle half of that group runs from 34.72x to 102.11x.

Is it good

Return on invested capital was 70.0% in FY2026, in the band labelled "Exceptional" (20.0% and above), on lines anchored on Damodaran's cost-of-capital data, suggesting returns on the capital in the business well above the usual cost of that capital.

Today, against the Semiconductors industry (34 companies), 70.0% sits at the 94th percentile; the middle half of that group runs from 0.6% to 16.1%.

Is it safe

Interest coverage was 503.42x in FY2026, in the band labelled "Comfortable" (6.00x and above), on lines anchored on Damodaran's interest-coverage table, suggesting an interest bill operating profit covers many times over.

Year by year against peers
Whether NVIDIA Corporation's return on invested capital stayed above the median of the Semiconductors industry, year by year. (FY2024 to FY2026, 3 fiscal years of NVIDIA Corporation with a comparable figure)
The direction
Which way NVIDIA Corporation's return on equity has moved, and how steadily. (FY2017 to FY2026, 10 filed years of NVIDIA Corporation)
What could explain it
What in NVIDIA Corporation's filed statements could explain the movements. (12 readings drawn from the statement lines NVIDIA Corporation filed)
What to check next
What to check next on NVIDIA Corporation, and where in its filings. (5 questions for NVIDIA Corporation)
In one paragraph
One paragraph on NVIDIA Corporation's returns, cash, balance sheet and price. (16 of sixteen figures read for NVIDIA Corporation)

These are NVDA’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research NVDAPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2026 annual report: 10-K, filed Feb 25, 2026, accession 0001045810-26-000021.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

NVIDIA Corporation: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax70.0% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Return on equity76.3% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Return on capital employed, pre-tax74.7% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Return on assets58.1% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Gross margin71.1% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Operating margin60.4% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Net margin55.6% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
NVDA 55.6%
MU 63.8%TSM 45.1%AVGO 36.2%LRCX 31.3%AMD 12.5%
12.5%63.8%
Net margin: NVDA against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

NVIDIA Corporation: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity0.07 ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Current ratio3.91 ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Quick ratio3.24 ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Interest coverage503.42x ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Altman Z-score69.20 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Net debt807.0M ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Total assets 206.80BTotal liabilities 49.51BShareholders' equity 157.29BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What NVIDIA Corporation owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed Feb 25, 2026, 0001045810-26-000021).

NVIDIA Corporation: balance sheet position
Total assets206.80B FiledFY2026 10-K, filed Feb 25, 2026
Total liabilities49.51B FiledFY2026 10-K, filed Feb 25, 2026
Shareholders' equity157.29B FiledFY2026 10-K, filed Feb 25, 2026
Cash10.61B FiledFY2026 10-K, filed Feb 25, 2026
Total debt11.41B FiledFY2026 10-K, filed Feb 25, 2026
Net debt807.0M
Current ratio3.91
Debt to equity0.07

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

NVIDIA Corporation: what the market charges, each with its source
FigureValue, source and document
Price to earnings44.06x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
P/E on trailing twelve months27.46x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book33.86x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Price to sales24.66x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Enterprise value to EBIT40.85x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Enterprise value to EBITDA39.98x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Price to earnings over growth0.47 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Diluted earnings per share4.90 USD FiledFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Graham number26.68 USD ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021

We publish no fair value or price target of our own. Value NVDA on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for NVIDIA Corporation today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

NVIDIA Corporation: valuation
Share price217.23 USD
Market capitalisation5.24T USD
Enterprise value to EBITDA39.98x
Graham number26.68 USD
Diluted earnings per share, FY20264.90 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Mar 1, 2017: low 16.98x, median 53.30x, high 252.61x, latest 27.46x. 2,421 trading days with a meaningful ratio. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like NVIDIA Corporation

  1. Micron Technology, Inc. (MU)Market cap 1.05T USD
  2. Taiwan Semiconductor Manufacturing Company Limited (TSM)Market cap 2.19T USD
  3. Broadcom Inc. (AVGO)Market cap 1.64T USD
  4. Lam Research Corporation (LRCX)Market cap 347.20B USD
  5. Advanced Micro Devices, Inc. (AMD)Market cap 917.80B USD

Same industry (Semiconductors) and size band (Mega, 200B and over), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

NVIDIA Corporation: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield1.8% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Free cash flow96.68B USD ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Free cash flow margin44.8% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Dividend yield0.2% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Payout ratio0.8% ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
FY2017 Net income: 1.67B USDFY2018 Net income: 3.05B USDFY2019 Net income: 4.14B USDFY2020 Net income: 2.80B USDFY2021 Net income: 4.33B USDFY2022 Free cash flow: 8.13B USDFY2022 Net income: 9.75B USDFY2023 Free cash flow: 3.81B USDFY2023 Net income: 4.37B USDFY2024 Free cash flow: 27.02B USDFY2024 Net income: 29.76B USDFY2025 Free cash flow: 60.85B USDFY2025 Net income: 72.88B USDFY2026 Free cash flow: 96.68B USDFY2026 Net income: 120.07B USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

NVIDIA Corporation: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
44.06xFY2026Oct 15, 2026
33.86xFY2026Oct 15, 2026
40.85xFY2026Oct 15, 2026
1.8%FY2026Oct 15, 2026
70.0%FY2026Feb 25, 2026
0.2%FY2026Oct 15, 2026
0.07FY2026Feb 25, 2026
3.91FY2026Feb 25, 2026
24.66xFY2026Oct 15, 2026
0.47FY2026Oct 15, 2026
69.20FY2026Oct 15, 2026
-0.94FY2026Feb 25, 2026
4/9FY2026Feb 25, 2026

The figures are computed from the accounts for fiscal 2026, the newest full year on file. 10 filed fiscal years on record, FY2017 to FY2026, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2017 to FY2026, read from the annual reports NVIDIA Corporation filed with the SEC. Each year names its filing. Amounts in USD, as filed.

NVIDIA Corporation: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY2026215.94B130.39B120.07B4.9096.68B60.4%76.3%10-K, Feb 25, 20260001045810-26-000021
FY2025130.50B81.45B72.88B2.9460.85B62.4%91.9%10-K, Feb 26, 20250001045810-25-000023
FY202460.92B32.97B29.76B1.1927.02B54.1%69.2%10-K, Feb 21, 20240001045810-24-000029
FY202326.97B4.22B4.37B0.173.81B15.7%19.8%10-K, Feb 24, 20230001045810-23-000017
FY202226.91B10.04B9.75B0.398.13B37.3%36.6%10-K, Mar 18, 20220001045810-22-000036
FY202116.68B4.53B4.33B0.17n/a27.2%25.6%10-K, Feb 26, 20210001045810-21-000010
FY202010.92B2.85B2.80B0.11n/a26.1%22.9%10-K, Feb 20, 20200001045810-20-000010
FY201911.72B3.80B4.14B0.17n/a32.5%44.3%10-K, Feb 21, 20190001045810-19-000023
FY20189.71B3.21B3.05B0.12n/a33.0%40.8%10-K, Feb 28, 20180001045810-18-000010
FY20176.91B1.93B1.67B0.06n/a28.0%28.9%10-K, Mar 1, 20170001045810-17-000027
  • Revenue, compound annual growth FY2017 to FY2026: 46.6%
  • Earnings, compound annual growth FY2017 to FY2026: 60.8%
  • Earnings per share, compound annual growth FY2017 to FY2026: 61.9%
  • Free cash flow, compound annual growth FY2022 to FY2026: 85.7%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

NVIDIA Corporation: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-0.94 ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Piotroski F-score4/9 ComputedFY2026 10-K, filed Feb 25, 2026, 0001045810-26-000021
Named tests met8 of 30 Computed
Beta1.84 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 8 met, 22 not met, 0 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
Low PEG, low debt (Peter Lynch); High returns and growth; Gross margin, turnover (Robert Novy-Marx); ROIC at or above WACC; Z-score and coverage (Edward Altman); High returns, low debt; High return on tangibles; Cash-covered dividend
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Low beta, profitable; Near the 52-week low; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Owner earnings yield; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Cash-flow yield and ROIC; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by the founder: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

No card. 30 free days, and nothing is charged unless you choose a plan.

Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

Site map
  • Android app coming soon
  • iPhone app coming soon
ValueScreener

Discover companies, research each one to its filings, track what matters, and take your work into your own spreadsheet.

ValueScreener is a trading name of Oliva Real Estate Technologies LLC, a Delaware limited liability company. Legal notices: legal@valuescreener.ai. © 2026 Oliva Real Estate Technologies LLC. All rights reserved.

Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.