ADVANCED MICRO DEVICES INC (AMD) Stock Analysis

Analysis from 10-Q filed 2025-11-05. Data as of Q2 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 8.4%. FCF margin 20.3%. D/E 0.0x. Source: 10-Q filed 2025-11-05.

Metric	Value	Context
ROIC	8.4%	Near cost of capital
FCF Margin	20.3%	Strong cash generation
Debt/Equity	0.0x	Conservative leverage

ROIC 8.4% — Top 50% of sector peers. FCF margin 20.3% — Top 25%.

Explore ADVANCED MICRO DEVICES INC: Earnings History | Filings

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for AMD: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: ADVANCED MICRO DEVICES INC earns 8.4% ROIC, Top 50% in Technology

ROIC TTM 8.4%, sector median 3.9%, Top 50%. DuPont: NOPAT margin 13.4% × asset turnover 0.5x. Gross margin 53.2%. Operating margin 15.7%. Source: 10-Q filed 2025-11-05.

Metric	AMD	Rating	Context
Return on Invested Capital (ROIC)	8.4%	Adequate	Above sector median of 3.9%
Return on Equity (ROE)	10.2%	Adequate	Moderate equity returns
Gross Margin	53.2%	Excellent	Strong pricing power
Operating Margin	15.7%	Good	Efficient operations

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Cash Flow: ADVANCED MICRO DEVICES INC generates $8.4B FCF at 20.3% margin, positive NaN/8 quarters

FCF TTM $8.4B. FCF margin 20.3%, Top 25%. OCF/Net income 1.6x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-11-05.

Metric	AMD	Rating	Context
Free Cash Flow Margin	20.3%	Excellent	Excellent cash conversion
Free Cash Flow (TTM)	$8.4B	Good	Positive cash generation
OCF/Net Income	1.6x	Excellent	High earnings quality
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: ADVANCED MICRO DEVICES INC at 0.0x leverage

Debt/Equity 0.0x. Net cash $9.9B. Source: 10-Q filed 2025-11-05.

Metric	AMD	Rating	Context
Debt to Equity	0.0x	Excellent	Conservative capital structure
Net Cash Position	$9.9B	Excellent	Net cash positive

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Valuation: ADVANCED MICRO DEVICES INC trades at 132.0x earnings

P/E 132.0x. EV/Sales 8.8x. FCF yield 1.0%. Source: 10-Q filed 2025-11-05.

Metric	AMD	Rating	Context
P/E Ratio	132.0x	Warning	Premium valuation
EV/Sales	8.8x	Adequate	Growth premium priced in
FCF Yield	1.0%	Warning	Lower cash yield

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Capital Allocation: ADVANCED MICRO DEVICES INC returns 0.0% shareholder yield

Total shareholder yield 0.0% (buyback 0.0%). Capital returned $310.0M TTM. Source: 10-Q filed 2025-11-05.

Metric	AMD	Rating	Context
Total Shareholder Yield	0.0%	Adequate	Dividend + buyback yield combined
Buyback Yield	0.0%	Adequate	Minimal buyback activity
Total Capital Returned (TTM)	$310.0M	Good	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Return on Invested Capital (ROIC)	8.4%	Top 50%	2.2x above
Free Cash Flow Margin	20.3%	Top 25%	2.4x above
Gross Margin	53.2%	Top 50%	1.1x above
Operating Margin	15.7%	Top 50%	3.2x above
Return on Equity (ROE)	10.2%	Top 50%	2.0x above
P/E Ratio	132.0x	N/A	-

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Financial Scorecard

Metric	AMD	Rating	Sector Context
Return on Invested Capital (ROIC)	8.4%	Adequate	Top 50% of sector (median: 3.9%)
Free Cash Flow Margin	20.3%	Excellent	Top 25% of sector (median: 8.5%)
Gross Margin	53.2%	Excellent	Top 50% of sector (median: 50.6%)
Debt to Equity Ratio	4.8%	Excellent	Conservative capital structure
P/E Ratio (Price-to-Earnings)	132.0x	Warning	High expectations priced in
Free Cash Flow Yield	1.0%	Red flag	Growth-focused valuation

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Frequently Asked Questions

Q: What is ADVANCED MICRO DEVICES INC's Return on Invested Capital (ROIC)?

ADVANCED MICRO DEVICES INC (AMD) has a trailing twelve-month Return on Invested Capital (ROIC) of 8.4%. Sector median 3.9%. Source: 10-Q filed 2025-11-05.

Q: What is ADVANCED MICRO DEVICES INC's Free Cash Flow Margin?

ADVANCED MICRO DEVICES INC (AMD) has a free cash flow margin of 20.3%, generating $8.4 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-11-05.

Q: What is ADVANCED MICRO DEVICES INC's P/E ratio and how does it compare to peers?

ADVANCED MICRO DEVICES INC (AMD) trades at a P/E ratio of 132.0x, which is above the sector median of N/A. EV/Sales 8.8x. FCF yield 1.0%. Source: 10-Q filed 2025-11-05.

Q: What is ADVANCED MICRO DEVICES INC's revenue and earnings growth?

ADVANCED MICRO DEVICES INC (AMD) grew revenue by 39.5% year-over-year. EPS +124.6% YoY. Source: 10-Q filed 2025-11-05.

Q: Is ADVANCED MICRO DEVICES INC buying back stock?

ADVANCED MICRO DEVICES INC (AMD) repurchased $310.0 million of stock over the trailing twelve months. This represents a buyback yield of 0.0%. Source: 10-Q filed 2025-11-05.

Q: How does ADVANCED MICRO DEVICES INC compare to competitors in Technology?

Compared to other companies in Technology, ADVANCED MICRO DEVICES INC (AMD) shows: ROIC 8.4%, sector median 3.9% (Top 50%). FCF margin 20.3%, sector median 8.5% (Top 25%). Gross margin 53.2%, 2.6pp above sector median. These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.

Q: What warning signs should I watch for with ADVANCED MICRO DEVICES INC?

No quantitative warning flags fired for ADVANCED MICRO DEVICES INC (AMD) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2025-11-05.

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Data Source: Data sourced from 10-Q filed 2025-11-05. TTM metrics as of Q2 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.