Company profile

Ticker
SWKS
Exchange
CEO
Liam K. Griffin
Employees
Incorporated in
Location
Fiscal year end
Former names
Alpha Industries Inc, Skyworks Solutions Inc
SEC CIK
IRS number
42302115

SWKS stock data

(
)

Calendar

5 May 20
2 Jul 20
2 Oct 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 766.1M 896.1M 827.4M 767M
Net income 181.1M 257.1M 210.6M 144.1M
Diluted EPS 1.06 1.5 1.22 0.83
Net profit margin 23.64% 28.69% 25.45% 18.79%
Operating income 199.5M 277.3M 233.9M 159.6M
Net change in cash -15.8M 76.9M 108.5M -73.5M
Cash on hand 912.4M 928.2M 851.3M 742.8M
Cost of revenue 390.5M 451.8M 454.5M
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue 3.38B 3.87B 3.65B 3.29B
Net income 853.6M 918.4M 1.01B 995.2M
Diluted EPS 4.89 5.01 5.41 5.18
Net profit margin 25.28% 23.74% 27.67% 30.26%
Operating income 952M 1.32B 1.25B 1.12B
Net change in cash 118M -883.5M 533M 0
Cash on hand 851.3M 733.3M 1.62B 1.08B
Cost of revenue 1.77B 1.92B 1.81B 1.62B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
22 Jun 20 Griffin Liam Common Stock Sell Dispose S 125.43 798 100.09K 55,616
22 Jun 20 Griffin Liam Common Stock Sell Dispose S 127.04 3,872 491.9K 64,244
22 Jun 20 Griffin Liam Common Stock Sell Dispose S 126.12 7,830 987.52K 56,414
5 Jun 20 David P McGlade Common Stock Sell Dispose S 133.75 2,300 307.63K 0
5 Jun 20 David P McGlade Common Stock Sell Dispose S 134.19 19,500 2.62M 2,300
26 May 20 Bori Carlos S Common Stock Sell Dispose S 120 5,000 600K 23,398
11 May 20 Griffin Liam Common Stock Payment of exercise Dispose F 110.41 3,223 355.85K 68,116
11 May 20 Griffin Liam Common Stock Option exercise Aquire M 0 6,500 0 71,339
11 May 20 Griffin Liam RSU Common Stock Option exercise Dispose M 0 6,500 0 0
8 May 20 Aldrich David J Common Stock Option exercise Aquire M 0 2,294 0 150,326
78.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 714 757 -5.7%
Opened positions 95 176 -46.0%
Closed positions 138 71 +94.4%
Increased positions 269 216 +24.5%
Reduced positions 262 256 +2.3%
13F shares
Current Prev Q Change
Total value 11.69B 16.7B -30.0%
Total shares 130.92M 138.08M -5.2%
Total puts 2.9M 3.97M -26.9%
Total calls 3.16M 3.85M -17.9%
Total put/call ratio 0.9 1.0 -10.9%
Largest owners
Shares Value Change
Vanguard 19.35M $1.73B +2.3%
BLK BlackRock 14.83M $1.33B +8.2%
Vulcan Value Partners 8.67M $775.04M +28.7%
STT State Street 7.99M $714.06M -0.5%
N Price T Rowe Associates 5.7M $509.73M -13.5%
Lazard Asset Management 3.73M $333.05M -32.9%
Aqr Capital Management 3.51M $313.54M +12.8%
FMR 3.13M $279.81M -26.3%
Geode Capital Management 3.03M $270.03M +5.6%
NTRS Northern Trust 2.48M $221.68M +0.4%
Largest transactions
Shares Bought/sold Change
Capital Research Global Investors 0 -3.54M EXIT
Vulcan Value Partners 8.67M +1.93M +28.7%
Canada Pension Plan Investment Board 141.43K -1.88M -93.0%
Norges Bank 0 -1.86M EXIT
Lazard Asset Management 3.73M -1.83M -32.9%
BLK BlackRock 14.83M +1.13M +8.2%
FMR 3.13M -1.12M -26.3%
JPM JPMorgan Chase & Co. 1.1M +951.36K +660.6%
N Price T Rowe Associates 5.7M -893.2K -13.5%
Renaissance Technologies 649.58K +649.58K NEW

Financial report summary

?
Risks
  • We operate in the highly cyclical semiconductor industry, which is subject to significant downturns.
  • Our operating results may be adversely affected by quarterly and annual fluctuations and market downturns.
  • Our stock price has been volatile and may fluctuate in the future.
  • If Original Equipment Manufacturers, or OEMs, and Original Design Manufacturers, or ODMs, of communications electronics products do not design our products into their equipment, we will have difficulty selling those products. Moreover, a “design win” from a customer does not guarantee future sales to that customer.
  • We are subject to the risks of doing business internationally.
  • Our manufacturing processes are extremely complex and specialized, and disruptions could have a material adverse effect on our business, financial condition, and results of operations.
  • We may not be able to maintain and improve manufacturing yields that contribute positively to our gross margin and profitability.
  • Remaining competitive in the semiconductor industry depends upon our ability to develop new products, reduce costs in a timely manner, transition to smaller geometry process technologies, and achieve higher levels of design integration.
  • We may be subject to warranty claims, product recalls, and liability claims.
  • We are dependent upon third parties for the manufacture, assembly, and testing of our products.
  • If we are unable to attract and retain qualified personnel to contribute to the design, development, manufacture and sale of our products, we may not be able to effectively operate our business.
  • Our business would be adversely affected by the departure of existing members of our senior management team or if our senior management team is unable to effectively implement our strategy.
  • Uncertainties involving the ordering and shipment of, and payment for, our products, could adversely affect our business.
  • We are dependent upon third parties for the supply of raw materials and components.
  • Our business and operations could suffer in the event of information technology security breaches.
  • If we are not successful in protecting our intellectual property rights, our ability to compete successfully may be materially and adversely affected.
  • We may be subject to claims of infringement of third-party intellectual property rights, or demands that we license third-party technology, which could result in significant expense and prevent us from using our technology.
  • Many of our products currently incorporate technology licensed or acquired from third parties and we expect our products in the future to also require technology from third parties. If the licenses to such technology that we currently hold become unavailable or the terms on which they are available become commercially unreasonable, or if we are unable to acquire or license necessary technology for our products in the future, our business could be adversely affected.
  • There can be no assurance that we will continue to declare cash dividends or repurchase our stock.
  • Changes in tax laws and regulations worldwide could have an adverse impact on our operating results.
  • We face a risk that capital needed for our business will not be available when we need it.
  • To be successful we may need to make certain investments and acquisitions, integrate companies we acquire, and/or enter into strategic alliances.
  • Increasingly stringent environmental laws, rules, and regulations may require us to redesign our existing products and processes, and could adversely affect our ability to cost-effectively produce our products.
  • Certain provisions in our organizational documents and Delaware law may make it difficult for someone to acquire control of us.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Avg
New words: absenteeism, accessibility, attending, Baja, California, chain, comprised, concentrated, concentration, constantly, constrained, degree, delayed, delaying, deployment, deterioration, difficult, distancing, downturn, economy, efficiency, effort, encouraging, essential, exacerbate, exacerbated, experienced, face, facing, factor, forced, frequent, fulfill, heightened, largest, light, lingering, manifested, manner, Mexican, Ministry, monitor, order, outbreak, pandemic, permission, prolonged, qualified, quantify, quickly, recent, recession, refusal, remote, resume, resumption, sector, send, shift, spread, staffing, subsided, supplier, suspension, sustained, temporary, threatened, transportation, unpredictable, widespread, workforce
Removed: agreement, charge, December