Applied Optoelectronics, Inc. (AAOI)

NASDAQ: AAOI · Real-Time Price · USD

105.53

+5.15 (5.13%)

At close: Sep 4, 2026, 4:00 PM EDT

106.89

+1.36 (1.29%)

Pre-market: Sep 8, 2026, 4:06 AM EDT

Applied Optoelectronics Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	8,960	2,380	1,821	696	54	140
Market Cap Growth	524.23%	30.74%	161.74%	1190.26%	-61.58%	-28.24%
Enterprise Value	8,761	2,478	1,908	805	179	251
Last Close Price	105.53	34.86	36.86	19.32	1.89	5.14

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	45.86	144.95	81.01	87.82	174.26	174.26
PS Ratio	15.03	5.22	7.30	3.20	0.24	0.66
PB Ratio	5.34	3.24	7.95	3.24	0.29	0.55
P/TBV Ratio	5.40	3.28	8.25	3.37	0.31	0.57
PEG Ratio	-	0.54	0.54	0.54	0.54	0.54

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	14.70	5.44	7.65	3.70	0.80	1.19

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.18	0.34	0.83	0.56	0.84	0.59
Net Debt / Equity Ratio	-0.12	0.06	0.54	0.35	0.71	0.45
Net Debt / EBITDA Ratio	6.22	-1.56	-2.46	-3.62	-3.65	-3.67
Net Debt / FCF Ratio	0.22	-0.11	-1.03	-3.40	-7.37	-5.27
Asset Turnover	0.39	0.53	0.53	0.55	0.52	0.45
Inventory Turnover	2.03	2.35	2.47	2.21	2.20	1.71
Quick Ratio	1.90	1.75	1.08	1.00	0.62	0.76
Current Ratio	2.78	2.63	1.77	1.85	1.32	1.78
Return on Equity (ROE)	-5.45%	-7.94%	-84.12%	-28.06%	-30.23%	-20.34%
Return on Assets (ROA)	-2.72%	-3.98%	-9.47%	-6.48%	-8.55%	-7.59%
Return on Invested Capital (ROIC)	-5.58%	-9.68%	-22.05%	-13.64%	-17.22%	-14.95%
Return on Capital Employed (ROCE)	-3.60%	-6.00%	-18.80%	-14.00%	-21.90%	-16.40%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	-0.64%	-1.61%	-10.26%	-8.06%	-123.16%	-38.60%
FCF Yield	-10.05%	-16.16%	-6.58%	-3.20%	-32.95%	-15.57%
Buyback Yield / Dilution	-49.26%	-44.89%	-30.03%	-14.72%	-3.47%	-23.07%

SEC Filings: 10-K · 10-Q