|INGM Overview
INGM

Ingram Micro Holding Corp

Other • CIK: 0001897762

Loading...

Market Cap
$5.20B
P/E (TTM)
15.9x
Rev Growth (TTM)
+9.5%
Net Margin (TTM)
0.6%
FCF Yield (TTM)
15.1%
FCF Margin (TTM)
1.5%

LATEST EARNINGS

Q4 FY2025
3 days ago
View source
Revenue
$14.88B
+11.5%
Net Income
$121.41M
+46.1%
EPS
$0.51
+41.7%
Gross
6.5% -0.5%
Operating
2.1% +0.2%
Net
0.8% +0.2%
  • Fourth quarter net sales of $14.9 billion, up 11.5% year-over-year, exceeding the high end of guidance.
  • Fiscal year 2025 net sales of $52.6 billion, an increase of 9.5% year-over-year.
  • Fourth quarter cash provided by operations of $1.56 billion and adjusted free cash flow of $1.63 billion, the highest quarterly level in over a decade.
  • Operating expense efficiency improved, with Q4 operating expenses at 4.41% of net sales (74 bps improvement YoY) and FY25 at 5.00% of net sales (47 bps improvement YoY).

Cash Flow Health

Free Cash Flow3/8 positive
TTM$785M
Q4 '25
$1.5B+971%
Q3 '25
$-175M+47%
FCF Margin
TTM1.5%
Q4 '2510.2%+838%
Sector: 0.0%Above Avg
OCF Margin1.7%
OCF/NI2.79x
CapEx Coverage7.0x
FCF Yield15.1%
FCF Growth (2Y)
Cash Conversion Cycle
28 days
DSO: 65+DIO: 39DPO: 75

Capital Allocation & Returns

Growth Focused
Total Shareholder YieldEst.
Est.1.4%
Div Yield1.4%
+
Est. Buyback8.2%

Prioritizing reinvestment over distributions

Dividend & Payout Metrics
Dividend Yield (TTM)1.4%
FCF Payout Ratio9.2%
Free Cash Flow (TTM)$785.4M
Capital Return / FCF9.9%
Est. Dividends Paid (TTM)$72.3M
Estimated: Buyback data estimated from FCF. Actual repurchase data not available for this company.
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
7.2%
Stable
-0.0% YoY-2.3%
P25MedianP75
75th pctl (med: 0.0%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
1.0%
8Q: 1.1%
Asset Turnover
2.72x
8Q: 2.62x
Leverage (1+D/E)
1.75x
D/E: 0.75x
DuPont: 4.9%7.2% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
102.70x
8Q:111.53x
-13612.7%
Invested Cap Turn
7.39x
8Q:7.63x
-670.4%
CapEx Intensity
1.8%
8Q:2.1%
CapEx/Depreciation
0.66x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$52.6B
$14.9B18.0%
$12.6B1.5%
$12.8B4.2%
$12.3B8.0%
$13.3B13.4%
$11.8B1.9%
$11.5B1.8%
$11.3B
Operating Income
$876.9M
$309.7M38.6%
$223.5M56.5%
$142.8M28.9%
$200.9M19.2%
$248.5M
$0100.0%
$218.2M20.5%
$181.1M
Net Income
$327.9M
$121.4M22.1%
$99.5M162.9%
$37.8M45.3%
$69.2M16.8%
$83.1M8.0%
$77.0M41.0%
$54.6M10.2%
$49.6M
Operating Cash Flow
$916.1M
$1.6B1168.6%
$-146.0M51.0%
$-298.0M48.7%
$-200.4M164.7%
$310.0M211.9%
$-277.0M169.1%
$401.2M500.1%
$-100.3M
Free Cash Flow
$785.4M
$1.5B970.7%
$-175.0M47.5%
$-333.2M44.8%
$-230.2M184.0%
$273.9M
$0100.0%
$-315.0M185.6%
$368.1M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
15.9x
Valuation Lenses
Earnings
15.9x
vs sector
Cash Flow
9.9x
EV/FCF vs
Growth-Adj
1.0xPEG
Undervalued for growth
Quality-Adj
2.2P/E per %ROIC
ROIC: 7.2%
Shareholder Returns
Dividend
1.4%
Buyback
Total Yield
1.4%
Market Cap$5.20B
EV$7.79B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
70/100
High Quality

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg
8.2%
8Q:
Return on Invested Capital (ROIC)Top 25%
7.2%
8Q:
-2.3%
vs Sector:0.0%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 1.0%
Asset Turnover: 2.72x

Earnings Quality

Cash Conversion

2.79x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin6.7%

Capital Efficiency

Invested Capital Turnover7.39x

Working Capital

Cash Conversion Cycle28 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
60/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
9.5%
OpInc Growth YoY
24.6%
EPS Growth YoY
16.0%
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
6.7%
Operating
1.7%
Below Avg in sector
Net
0.6%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+0.9 pts
FCF: 1.5% | Net: 0.6%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $1.33B
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.75x
Balance sheet risk & solvency analysis