A Business at a Glance
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InterDigital, Inc.
IDCC
$8.9B
Mkt Cap
$258.30
+0.87%
InterDigital, Inc. (IDCC) has a current P/E ratio of 21.9, compared to its historical median P/E of 15.9. The stock is currently considered Fair based on its historical valuation range.
InterDigital, Inc. (IDCC) has a 5-year average return on invested capital (ROIC) of 24.7%. This indicates strong capital allocation and a potential competitive advantage.
InterDigital, Inc. (IDCC) has a market capitalization of $6.7B. It is classified as a mid-cap stock.
Yes, InterDigital, Inc. (IDCC) pays a dividend with a trailing twelve-month yield of 1.00%. The company also returns capital through share buybacks, with a buyback yield of 1.57%.
Based on historical P/E analysis, InterDigital, Inc. (IDCC) appears fair. The current P/E of 21.9 is 37% above its historical median of 15.9. The estimated fair value CAGR (P/E method) is 44.9%.
InterDigital, Inc. (IDCC) operates in the Patent Owners & Lessors industry, within the Financials sector.
InterDigital, Inc. (IDCC) reported annual revenue of $834 million in its most recent fiscal year, based on SEC EDGAR filings.
InterDigital, Inc. ("InterDigital") is a global research and development company focused primarily on wireless, video, artificial intelligence ("AI"), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, internet of things ("IoT") devices, cars and other motor vehicles and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today's most advanced Wi-Fi technologies.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 829M | 834M | 869M | 550M | 458M | 425M |
| Net Income | 366M | 407M | 359M | 214M | 94M | 55M |
| EPS | $14.18 | $11.80 | $12.07 | $7.62 | $3.07 | $1.77 |
| Free Cash Flow | 578M | 529M | 266M | 209M | 283M | 128M |
| ROIC | 88.0% | 40.9% | 48.4% | 22.0% | 7.5% | 4.8% |
| Gross Margin | - | 77.5% | 71.1% | 72.3% | - | - |
| Debt/Equity | 0.35 | 0.43 | 0.55 | 1.05 | 0.84 | 0.57 |
| Dividends/Share | $2.59 | $2.60 | $1.70 | $1.50 | $1.40 | $1.40 |
| Operating Income | 411M | 461M | 440M | 222M | 151M | 71M |
| Operating Margin | 49.6% | 55.3% | 50.6% | 40.3% | 32.9% | 16.7% |
| ROE | 33.2% | 41.5% | 49.9% | 32.8% | 12.7% | 7.3% |
| Shares Outstanding | 26M | 34M | 30M | 28M | 31M | 31M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 416M | 441M | 666M | 533M | 307M | 319M | 359M | 425M | 458M | 550M | 869M | 834M | 829M |
| Gross Margin | 79.4% | 90.4% | 95.6% | 94.8% | 92.8% | 88.4% | N/A | N/A | N/A | 72.3% | 71.1% | 77.5% | N/A |
| R&D | 75M | 73M | 73M | 76M | 70M | 75M | 204M | 201M | 185M | N/A | N/A | N/A | N/A |
| SG&A | 38M | 40M | 52M | 53M | 51M | 51M | 49M | 61M | 47M | 53M | 63M | 68M | 70M |
| EBIT | 169M | 209M | 437M | 301M | 63M | 38M | 55M | 71M | 151M | 222M | 440M | 461M | 411M |
| Op. Margin | 40.6% | 47.2% | 65.7% | 56.6% | 20.4% | 11.9% | 15.4% | 16.7% | 32.9% | 40.3% | 50.6% | 55.3% | 49.6% |
| Net Income | 101M | 116M | 309M | 176M | 65M | 21M | 45M | 55M | 94M | 214M | 359M | 407M | 366M |
| Net Margin | 24.4% | 26.4% | 46.4% | 33.1% | 21.2% | 6.6% | 12.5% | 13.0% | 20.5% | 39.0% | 41.3% | 48.8% | 44.2% |
| Non-Recurring | 559K | 198K | 3.6M | 0 | -8.3M | -119K | -7.5M | 23M | 548K | 10M | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 14.1% | 15.8% | 34.5% | 16.4% | 5.4% | 1.8% | 4.0% | 4.8% | 7.5% | 22.0% | 48.4% | 40.9% | 88.0% |
| ROE | 20.1% | 23.3% | 49.0% | 22.1% | 7.3% | 2.5% | 5.8% | 7.3% | 12.7% | 32.8% | 49.9% | 41.5% | 33.2% |
| ROA | 8.8% | 8.7% | 19.3% | 9.8% | 3.7% | 1.3% | 2.8% | 3.4% | 5.3% | 11.7% | 19.9% | 20.9% | 17.7% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 242M | 124M | 434M | 316M | 147M | 89M | 163M | 130M | 286M | 214M | 272M | 544M | 581M |
| Free Cash Flow | 235M | 121M | 428M | 314M | 144M | 85M | 152M | 128M | 283M | 209M | 266M | 529M | 578M |
| Owner Earnings | 181M | 61M | 360M | 241M | 74M | 4.7M | 72M | 23M | 185M | 100M | 156M | 424M | 458M |
| CapEx | 7.1M | 3.7M | 5.9M | 2.1M | 2.6M | 4.5M | 12M | 2.5M | 3.2M | 4.3M | 5.8M | 16M | 2.3M |
| Maint. CapEx | 42M | 48M | 53M | 57M | 66M | 77M | 81M | 78M | 79M | 78M | 70M | 78M | 79M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 42M | 48M | 53M | 57M | 66M | 77M | 81M | 78M | 79M | 78M | 70M | 78M | 79M |
| CapEx/OCF | 2.9% | 3.0% | 1.4% | 0.7% | N/A | 5.0% | 7.2% | 1.9% | 1.1% | 2.0% | 2.2% | 2.9% | 0.4% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 24M | 29M | 31M | 43M | 48M | 45M | 43M | 43M | 42M | 39M | 42M | 61M | 67M |
| Dividend Yield | 1.9% | 1.9% | 1.7% | 1.8% | 2.0% | 2.6% | 2.7% | 2.1% | 2.5% | 1.8% | 1.1% | 0.7% | 1.0% |
| Share Buybacks | 153M | 96M | 65M | 7.7M | 111M | 196M | 349K | 30M | 74M | 340M | 67M | 102M | 105M |
| Buyback Yield | 8.9% | 6.6% | 2.4% | 0.3% | N/A | 12.6% | 0.0% | 1.4% | 5.1% | 11.4% | 1.2% | 0.9% | 1.6% |
| Stock-Based Comp | 18M | 15M | 22M | 18M | 7.1M | 7.6M | 10M | 29M | 22M | 36M | 46M | 43M | 44M |
| Debt Repayment | 0 | 0 | 230M | 0 | 0 | 221M | 95M | 0 | 282M | 0 | 141M | 1.5M | 1.5M |
| Balance Sheet | |||||||||||||
| Net Debt | -367M | -270M | -681M | -873M | -628M | -480M | -559M | -519M | -595M | -399M | -486M | -768M | -694M |
| Cash & Equiv. | 429M | 510M | 404M | 433M | 475M | 745M | 473M | 706M | 693M | 437M | 527M | 739M | 1.1B |
| Long-Term Debt | 216M | 260M | 272M | 285M | 317M | 351M | 368M | 423M | 607M | 29M | 15M | 16M | 11M |
| Debt/Equity | 0.71 | 1.27 | 0.37 | 0.33 | 0.34 | 0.58 | 0.48 | 0.57 | 0.84 | 1.05 | 0.55 | 0.43 | 0.35 |
| Interest Coverage | 29.4 | 6.9 | 20.7 | 16.9 | 1.7 | 0.9 | 1.4 | 2.8 | 5.1 | 4.9 | 9.7 | 11.5 | 10.5 |
| Equity | 476M | 522M | 740M | 855M | 937M | 762M | 773M | 745M | 725M | 582M | 857M | 1.1B | 1.1B |
| Total Assets | 1.2B | 1.5B | 1.7B | 1.9B | 1.6B | 1.6B | 1.6B | 1.6B | 1.9B | 1.8B | 1.8B | 2.1B | 2.1B |
| Total Liabilities | 717M | 953M | 973M | 981M | 689M | 826M | 820M | 875M | 1.2B | 1.2B | 978M | 963M | 967M |
| Intangibles | 266M | 278M | 311M | 325M | 455M | 436M | 418M | 364M | 354M | N/A | N/A | N/A | N/A |
| Retained Earnings | 757M | 847M | 1.1B | -1.2B | -1.4B | 1.4B | 1.4B | 1.4B | 1.5B | 1.5B | 1.8B | 2.1B | 2.2B |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 2.62 | 3.27 | 8.78 | 4.93 | 1.84 | 0.66 | 1.44 | 1.77 | 3.07 | 7.62 | 12.07 | 11.80 | 14.18 |
| Owner EPS | 4.68 | 1.73 | 10.22 | 6.73 | 2.08 | 0.15 | 2.31 | 0.75 | 6.07 | 3.57 | 5.24 | 12.30 | 17.70 |
| Book Value | 12.29 | 14.66 | 21.02 | 23.93 | 26.50 | 24.02 | 24.86 | 23.86 | 23.75 | 20.70 | 28.85 | 31.95 | 42.67 |
| Cash Flow/Share | 6.25 | 3.49 | 12.34 | 8.83 | 4.15 | 2.82 | 5.25 | 4.17 | 9.37 | 7.61 | 9.14 | 15.80 | 17.20 |
| Dividends/Share | 0.70 | 0.80 | 1.00 | 1.30 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.50 | 1.70 | 2.60 | 2.59 |
| Shares Out. | 38.7M | 35.6M | 35.2M | 35.7M | 35.3M | 31.7M | 31.1M | 31.2M | 30.5M | 28.1M | 29.7M | 34.5M | 25.9M |
| Valuation | |||||||||||||
| P/E Ratio | 16.9 | 12.5 | 8.8 | 13.3 | N/A | 74.2 | 38.9 | 38.3 | 15.6 | 14.0 | 15.9 | 28.0 | 18.2 |
| P/FCF | 7.3 | 12.1 | 6.3 | 7.4 | 14.1 | 18.3 | 11.5 | 16.6 | 5.2 | 14.3 | 21.5 | 21.5 | 11.6 |
| EV/EBIT | 8.0 | 5.7 | 4.6 | 4.8 | N/A | 28.3 | 21.4 | 22.5 | 5.8 | 11.7 | 11.9 | 23.0 | 14.6 |
| Price/Book | 3.6 | 2.8 | 3.7 | 2.7 | 2.1 | 2.0 | 2.3 | 2.8 | 2.0 | 5.1 | 6.7 | 10.3 | 6.1 |
| Price/Sales | 3.0 | 3.5 | 2.8 | 4.6 | 8.8 | 5.4 | 4.4 | 4.7 | 3.6 | 4.1 | 4.4 | 10.7 | 8.1 |
| FCF Yield | 13.7% | 8.3% | 15.8% | 13.4% | 7.5% | 5.5% | 8.7% | 6.0% | 19.3% | 7.0% | 4.6% | 4.6% | 8.7% |
| Market Cap | 1.7B | 1.5B | 2.7B | 2.3B | 1.9B | 1.6B | 1.7B | 2.1B | 1.5B | 3.0B | 5.7B | 11.4B | 6.7B |
| Avg. Price | 32.49 | 43.31 | 52.49 | 68.36 | 67.19 | 54.60 | 51.05 | 64.19 | 54.60 | 79.37 | 127.21 | 258.20 | 258.30 |
| Year-End Price | 44.39 | 40.91 | 77.00 | 65.33 | 57.57 | 48.95 | 55.96 | 67.82 | 48.00 | 106.53 | 192.51 | 329.95 | 258.30 |
InterDigital, Inc. passes 8 of 9 quality checks, indicating strong fundamentals.
InterDigital, Inc. trades at 21.9x trailing earnings, compared to its 15-year median P/E of 15.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 16.8x vs a median of 14.2x. The company's 5-year average ROIC is 24.7% with a gross margin of 73.7%. Total shareholder yield (dividends + buybacks) is 2.6%. At current prices, the estimated annualized return to fair value is +21.5%.
InterDigital, Inc. (IDCC) has a net profit margin of 48.8%. This is a strong margin indicating high profitability.
InterDigital, Inc. (IDCC) generated $529 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
InterDigital, Inc. (IDCC) has a debt-to-equity ratio of 0.43. This indicates a conservatively financed balance sheet.
InterDigital, Inc. (IDCC) reported earnings per share (EPS) of $11.80 in its most recent fiscal year.
InterDigital, Inc. (IDCC) has a return on equity (ROE) of 41.5%. This indicates the company generates strong returns for shareholders.
InterDigital, Inc. (IDCC) has a 5-year average gross margin of 73.7%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 18 years of financial data for InterDigital, Inc. (IDCC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
InterDigital, Inc. (IDCC) has a book value per share of $31.95, based on its most recent annual SEC filing.
No recent press releases.