Ingram Micro Holding Corp financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Ingram Micro Holding Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2022	FY2024	FY2024	FY2025
Revenue	50,824	48,040	47,984	52,556
Cost of revenue	47,131	44,493	44,539	49,052
Gross profit	3,693	3,547	3,445	3,504
Selling, general and administrative	2,716	2,584	2,589	2,612
Operating expenses	444	2,603	2,627	2,627
Operating income	3,249	944	818	877
Interest expense	320	380	338	303
Interest income	22.9	35	45.3	45.7
Other non-operating income	-434	-422	-372	-346
Pre-tax income	2,815	523	446	531
Income tax	420	170	182	203
Net income	2,394	353	264	328
EBITDA	3,446	1,128	1,007	1,074
EPS, basic	10.77	1.59	1.18	1.40
EPS, diluted	10.77	1.59	1.18	1.39
Shares, basic (weighted)	222	222	225	235
Shares, diluted (weighted)	222	222	225	235
Dividend per share				0.31

Balance sheet

	FY2022	FY2024	FY2024	FY2025
Cash and equivalents	1,320	948	918	1,865
Receivables		8,989	9,448	10,547
Inventory		4,660	4,699	4,970
Other current assets		757	735	859
Total current assets		15,354	15,801	18,241
Property, plant and equipment		453	483	532
Lease right-of-use assets		431	413	403
Goodwill	845	852	834	855
Intangible assets		880	773	712
Other non-current assets		450	477	502
Total assets		18,420	18,780	21,244
Accounts payable		9,230	10,006	11,963
Accrued liabilities		1,061	1,022	1,164
Short-term debt		266	185	450
Total current liabilities		10,663	11,307	13,681
Long-term debt		3,658	3,168	2,750
Lease liabilities		366	369	355
Other non-current liabilities		227	202	210
Total liabilities		14,914	15,046	16,996
Total debt		3,924	3,353	3,199
Paid-in capital		2,656	2,904	2,922
Retained earnings		1,080	1,337	1,587
Treasury stock				0
Other comprehensive income		-231	-510	-263
Shareholders' equity	3,058	3,506	3,734	4,248
Total equity	3,058	3,506	3,734	4,248
Total liabilities and equity		18,420	18,780	21,244
Shares outstanding			235	235

Cash flow statement

	FY2022	FY2024	FY2024	FY2025
Net income	2,394	353	264	328
Depreciation and amortization	197	184	189	197
Stock-based compensation	0	0	34.1	21.1
Deferred income tax	17.3	-58.5	-13.3	-28
Change in receivables	-591	-300	-1,061	-1,106
Change in inventory	-210	772	-226	-88.2
Change in payables	350	-738	976	1,709
Cash from operations	-361	58.8	334	916
Capital expenditures	-136	-202	-143	-131
Cash from investing	3,029	-17.7	106	268
Debt repaid	-518	-560	-483	-125
Dividends paid	-1,754	-10.5	-6.17	-78.4
Cash from financing	-2,465	-478	-391	-306
Exchange rate effect	-134	65.2	-78.2	68.8
Net change in cash	92.3	-372	-30.1	946
Free cash flow	-497	-143	191	785
Interest paid	320	379	336	301
Income taxes paid	443	272	252	182

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 27, 2026; growth uses fiscal years. Valuation uses the share price of $26.98 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	6.6%	Gross profit / revenue.
Operating margin	1.8%	Operating income / revenue.
EBITDA margin	2.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	1.2%	Pre-tax income / revenue.
Net margin	0.8%	Net income / revenue.
FCF margin	-0.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	-0.2%	Cash from operations / revenue.
Effective tax rate	35.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	10.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.0%	Net income / average total assets.
Return on invested capital (ROIC)	8.8%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	4.8%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.1%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.2%	Capital expenditures / revenue.
D&A / revenue	0.4%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	9.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	1.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y	1.7%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-1.7%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y	7.2%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-35.4%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y	6.6%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-32.2%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	24.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-48.5%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	17.8%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-49.5%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	174.4%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y	310.9%	Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	13.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	11.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	13.1%	Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y	4.7%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	1.9%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.31x	Current assets / current liabilities.
Quick ratio	0.81x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.06x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.89x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	17.6%	Total debt / total assets.
Liabilities / assets	80.1%	Total liabilities / total assets.
Net debt	$2.99B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	2.51x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	3.29x	Operating income / interest expense.
Working capital	$4.37B	Current assets - current liabilities.
Goodwill and intangibles / assets	7.0%	(Goodwill + intangible assets) / total assets.
Tangible book value	$2.77B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.60x	Revenue / average total assets.
Fixed asset turnover	106x	Revenue / average property, plant and equipment.
Inventory turnover	8.68x	Cost of revenue / average inventory.
Days inventory	42 days	365 x average inventory / cost of revenue.
Receivables turnover	5.24x	Revenue / average receivables.
Days sales outstanding	70 days	365 x average receivables / revenue.
Days payables	82 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	29 days	Days inventory + days sales outstanding - days payables.
FCF conversion	-53.8%	Free cash flow / net income, when net income is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.85	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$241.03	Revenue / diluted weighted shares.
FCF per share	-$1.00	Free cash flow / diluted weighted shares.
Operating cash flow per share	-$0.42	Cash from operations / diluted weighted shares.
Book value per share	$18.18	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$11.75	Tangible book value / shares outstanding.
Cash per share	$3.44	(Cash + short-term investments) / shares outstanding.
Payout ratio	17.6%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$6.22B	Share price x shares outstanding.
Enterprise value	$9.21B	Market cap + total debt - cash - short-term investments.
P/E	14.5x	Market cap / net income. Only when net income is positive.
P/S	0.11x	Market cap / revenue.
P/B	1.45x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.25x	Market cap / tangible book value, when positive.
EV/Sales	0.16x	Enterprise value / revenue.
EV/EBIT	9.28x	Enterprise value / operating income, when both are positive.
EV/EBITDA	7.74x	Enterprise value / EBITDA, when both are positive.
FCF yield	-3.7%	Free cash flow / market cap.
Earnings yield	6.9%	Net income / market cap (the inverse of P/E).
Dividend yield	1.2%	Dividends paid over the period / market cap.
Shareholder yield	1.2%	(Dividends paid + share buybacks) / market cap.

What was Ingram Micro Holding Corp's revenue in fiscal 2025?

Ingram Micro Holding Corp reported revenue of $52.56B for fiscal 2025, 9.5% higher than the year before.

Was Ingram Micro Holding Corp profitable in fiscal 2025?

Yes. Net income was $327.9M, a net margin of 0.6%.

How much free cash flow did Ingram Micro Holding Corp generate in fiscal 2025?

Cash from operations of $916.1M minus capital expenditures of $130.8M left free cash flow of $785.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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