II-VI (IIVI) Stock Price

II-VI Price

Delisted

Revenue has compounded at 18.7% per year over the past 19 years to 3.32 B USD. Earnings per share have grown at 10.9% per year over the last 19 years. II-VI's net margin stands at 5.0%, down from 7.6% several years earlier. Of 22 analysts, 15 rate the stock a buy — an overall Buy consensus.

II-VI stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of II-VI over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how II-VI stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing II-VI's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

II-VI Stock Price History
DateII-VI Price
Access this data via the Eulerpool API

II-VI Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
2.38 B USD
84.40 M USD
-67.00 M USD
Jan 1, 2021
3.11 B USD
407.50 M USD
260.30 M USD
Jan 1, 2022
3.32 B USD
466.10 M USD
166.50 M USD
Jan 1, 2023 (e)
5.52 B USD
1.17 B USD
490.77 M USD
Jan 1, 2024 (e)
5.87 B USD
1.40 B USD
576.85 M USD
Jan 1, 2025 (e)
6.47 B USD
1.65 B USD
693.37 M USD
Jan 1, 2026 (e)
6.62 B USD
1.59 B USD
744.29 M USD
Jan 1, 2027 (e)
6.76 B USD
1.63 B USD
845.77 M USD

II-VI Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 23, 2026, 12:22 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
SHARESM
201220132014201520162017201820192020202120222023e2024e2025e2026e2027e
0.520.550.680.740.830.971.161.362.383.113.325.525.876.476.626.76
2.796.7823.968.6411.4617.5319.1417.6274.7430.466.8066.316.4610.152.402.01
38.9536.8433.0936.5237.7339.9239.8138.2534.4139.1638.1538.1538.1538.1538.1538.15
0.200.200.230.270.310.390.460.520.821.221.272.102.242.472.532.58
0.090.080.050.080.090.130.140.190.080.410.471.171.401.651.591.63
17.0514.347.4711.1911.2512.8612.0913.663.5313.1114.0521.1823.7625.5323.9724.10
60.0050.0038.0066.0065.0095.0088.00107.00-67.00260.00166.00490.00576.00693.00744.00845.00
-26.83-16.67-24.0073.68-1.5246.15-7.3721.59-162.62-488.06-36.15195.1817.5520.317.3613.58
12.0012.0012.00
64.4063.9063.7062.6062.9064.5065.1065.8084.80115.00116.50116.50116.50116.50116.50116.50
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales II-VI generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue II-VI retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare II-VI's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares II-VI has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against II-VI's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

II-VI stock margins

The II-VI margin analysis displays the gross margin, EBIT margin, as well as the profit margin of II-VI. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for II-VI.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
39.81 %
12.12 %
7.59 %
Jan 1, 2019
38.26 %
13.70 %
7.89 %
Jan 1, 2020
34.44 %
3.55 %
-2.82 %
Jan 1, 2021
39.16 %
13.12 %
8.38 %
Jan 1, 2022
38.16 %
14.05 %
5.02 %
Jan 1, 2023 (e)
38.16 %
21.18 %
8.90 %
Jan 1, 2024 (e)
38.16 %
23.76 %
9.83 %
Jan 1, 2025 (e)
38.16 %
25.53 %
10.72 %

II-VI Stock Revenue, EBIT, Earnings per Share

The II-VI earnings per share therefore indicates how much revenue II-VI has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
17.80 USD
2.16 USD
1.35 USD
Jan 1, 2019
20.71 USD
2.84 USD
1.63 USD
Jan 1, 2020
28.07 USD
1.00 USD
-0.79 USD
Jan 1, 2021
27.01 USD
3.54 USD
2.26 USD
Jan 1, 2022
28.47 USD
4.00 USD
1.43 USD
Jan 1, 2023 (e)
42.14 USD
10.03 USD
3.75 USD
Jan 1, 2024 (e)
44.86 USD
11.97 USD
4.41 USD
Jan 1, 2025 (e)
49.42 USD
14.17 USD
5.30 USD

II-VI business model & stock analysis

II-VI Inc is a global manufacturer of optical components and semiconductors. The company was founded in 1971 and is headquartered in Saxonburg, Pennsylvania in the USA. II-VI operates in more than 50 countries worldwide and has over 25,000 employees. The company's business model is focused on designing, manufacturing, and delivering customized solutions for a wide range of industries including communication, industry, military, medical, and science. II-VI offers a diverse range of products including optical components, semiconductors, lasers, laser accessories, materials, and compound substrates. The company has a strong focus on growth and has made strategic acquisitions to expand its product portfolio and global presence. Overall, II-VI is a significant player in the optical and semiconductor industry, with a wide range of products and services, a commitment to innovation, and strong growth potential.

II-VI SWOT Analysis

Strengths

  • Strong market presence and brand reputation.
  • Diverse product portfolio catering to various industries.
  • Robust research and development capabilities.
  • Comprehensive supply chain network.

Weaknesses

  • High dependence on a few key customers.
  • Vulnerability to fluctuations in raw material prices.
  • Limited geographic presence in certain regions.
  • Relatively higher production costs compared to competitors.

Opportunities

  • Growing demand for advanced optical solutions.
  • Expansion into emerging markets with untapped potential.
  • Strategic partnerships and acquisitions to enhance market position.
  • Increasing adoption of renewable energy technologies.

Threats

  • Intense competition from global and local players.
  • Economic uncertainties impacting customer spending.
  • Regulatory changes affecting industry standards.
  • Potential disruption in global supply chains.

II-VI Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

II-VI historical P/E ratio, EBIT multiple, and P/S ratio

II-VI annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

II-VI shares outstanding

The number of shares of II-VI was 116.5 M in 2025. This indicates how many shares II-VI is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
65.10 M Stocks
Jan 1, 2019
65.80 M Stocks
Jan 1, 2020
84.80 M Stocks
Jan 1, 2021
115.00 M Stocks
Jan 1, 2022
116.50 M Stocks
Jan 1, 2023 (e)
116.50 M Stocks
Jan 1, 2024 (e)
116.50 M Stocks
Jan 1, 2025 (e)
116.50 M Stocks

II-VI stock splits

In II-VI's history, there have been no stock splits.

II-VI Dividend History

1 years of dividend payments

YearAnnual DividendYoY ChangePayments
20236.00USD

II-VI dividend history and estimates

In 2025, II-VI paid a dividend amounting to 12.00 USD. Dividend means that II-VI distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2023 (e)
6.00 USD
6.00 USD
Jan 1, 2024 (e)
0.00 USD
12.00 USD
Jan 1, 2025 (e)
0.00 USD
12.00 USD

II-VI dividend payout ratio

In 2025, II-VI had a payout ratio of 226.50%. The payout ratio indicates the percentage of the company's profits that II-VI distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
0.00 %
Jan 1, 2019
0.00 %
Jan 1, 2020
0.00 %
Jan 1, 2021
0.00 %
Jan 1, 2022
0.00 %
Jan 1, 2023 (e)
320.00 %
Jan 1, 2024 (e)
272.25 %
Jan 1, 2025 (e)
226.50 %

Current II-VI forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.78 %
Buy68.18 % (15)
Hold27.27 % (6)
Sell4.55 % (1)
12M Price Target
71.40
Last Price
0.00
Currency
USD
12M Return Potential
0 %
LTM Return
0 %

II-VI Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/22/20231.14USD1.10 BUSD2023 Q4
5/8/20231.06USD1.04 BUSD2023 Q3
2/7/20231.09USD1.04 BUSD2023 Q2
11/7/20220.98USD1.00 BUSD2023 Q1
8/24/20220.96USD871.56 MUSD2022 Q4
5/10/20220.87USD816.90 MUSD2022 Q3
2/9/20220.88USD829.39 MUSD2022 Q2
11/9/20210.85USD820.97 MUSD2022 Q1
8/10/20210.77USD794.96 MUSD2021 Q4
5/6/20210.90USD783.85 MUSD2021 Q3
...

II-VI shareholder structure

% Name
1.76116%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.43715%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.36043%
Goldman Sachs & Company, Inc.
Goldman Sachs & Company, Inc.
1.07126%
Pentwater Capital Management LP
Pentwater Capital Management LP
0.60951%
Westchester Capital Management, LLC
Westchester Capital Management, LLC
0.58399%
BofA Global Research (US)
BofA Global Research (US)
...

Frequently asked questions about II-VI

II-VI Inc is primarily active in the industries of optical communications, laser solutions, and engineered materials.

All fundamentals and in-depth analysis of II-VI

Our stock analysis for II-VI stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of II-VI. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.