II-VI

A global leader in engineered materials, optoelectronic components, and optical systems offering vertically integrated solutions for applications in industrial, communications, aerospace, and defense.

Launch date

1971

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD22.2b (Public information from Sep 2024)

Saxonburg Pennsylvania (HQ)

http://ii-vi.com

https://twitter.com/iiviinc https://www.facebook.com/iiviinc https://www.linkedin.com/company/ii-vi-incorporated

Revenues, earnings & profits over time

USD	2021	2022	2023	2024	2025	2026	2027
Revenues	3.1b	3.3b	5.2b	4.7b	5.4b	6.1b	6.7b
% growth	31 %	7 %	56 %	(9 %)	16 %	12 %	10 %
EBITDA	801m	865m	1.2b	1.0b	1.2b	1.5b	1.7b
% EBITDA margin	26 %	26 %	24 %	21 %	23 %	25 %	25 %
Profit	298m	167m	(404m)	(279m)	(129m)	126m	450m
% profit margin	10 %	5 %	(8 %)	(6 %)	(2 %)	2 %	7 %
EV / revenue	2.4x	1.6x	2.0x	3.0x	2.6x	2.3x	2.0x
EV / EBITDA	9.2x	5.9x	8.5x	14.0x	11.7x	9.2x	7.9x
R&D budget	330m	377m	500m	-	-	-	-
R&D % of revenue	11 %	11 %	10 %	-	-	-	-