Semtech CorporationSMTC
NasdaqGS•Technology•Semiconductors
Understand cash generation quality and how management allocates capital.
Free cash flow was $28.01M in the latest quarter (7.0% increase YoY). FCF margin is 2.6%. Shares outstanding increased by 7.5% year-over-year, indicating dilution (potentially from stock compensation or capital raises). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation