🔹 Revenue: $4.01B (Est. $3.87B) 🟢; DOWN -2% YoY
🔹 EPS: $1.30 (Est. $1.20) 🟢; DOWN -13% YoY
🔹 Operating Profit: $1.38B (DOWN -10% YoY)
Q1'25 Guidance:
🔹 Revenue: $3.74B-$4.06B (Est. $3.85B) 🔴
🔹 EPS: $0.94-$1.16 (Est. $1.17) 🔴
Segment Performance:
Analog:
🔹 Revenue: $3.17B (Est. $3.02B) 🟢; UP +2% YoY
🔹 Operating Profit: $1.24B; DOWN -3% YoY
Embedded Processing:
🔹 Revenue: $613M (Est. $604.33M) 🟢; DOWN -18% YoY
🔹 Operating Profit: $58M; DOWN -70% YoY
Other:
🔹 Revenue: $220M (Est. $226M) 🟡; UP +7% YoY
🔹 Operating Profit: $82M; UP +41% YoY
FY 2024 Highlights:
🔹 Revenue: $15.64B (DOWN -11% YoY)
🔹 EPS: $5.20 (DOWN -26% YoY)
🔹 Net Income: $4.8B (DOWN -26% YoY)
🔹 Free Cash Flow: $1.5B (UP +11% YoY)
Cash Flow Metrics:
🔹 Trailing 12-Month Cash Flow from Operations: $6.32B (DOWN -2% YoY)
🔹 Capital Expenditures: $4.82B (DOWN -5% YoY)
🔹 Free Cash Flow: $1.5B (UP +11% YoY); 9.6% of revenue
Shareholder Returns (Trailing 12 Months):
🔹 Dividends Paid: $4.8B (UP +5% YoY)
🔹 Stock Repurchases: $929M (UP +217% YoY)
🔹 Total Cash Returned: $5.7B (UP +18% YoY)
CEO Commentary:
🔸 "Revenue decreased 3% sequentially and 2% YoY. Our strong cash flow underscores the resilience of our business model and portfolio quality, supported by 300mm production."
🔸 "We invested $3.8B in R&D and SG&A and returned $5.7B to shareholders over the past year."
Additional Insights:
🔹 Inventory: $4.53B (UP +13% YoY)
🔹 Free Cash Flow as % of Revenue: 9.6% (UP from 7.7% YoY)
🔹 2025 Effective Tax Rate Projection: ~12%