Allegro MicroSystems, Inc.
ALGM Technology Semiconductors
Allegro MicroSystems, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $890.1 million, up 22.8% from fiscal 2025. In the quarter to June 2026, revenue grew 27.5%, EPS grew 228.6%, free cash flow fell 72.6% and total debt fell 7.44%, each against the same quarter a year earlier.
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Allegro MicroSystems, Inc. (ALGM) Altman Z-score
Allegro MicroSystems, Inc.'s Altman Z-score for fiscal 2026 is 8.52, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 8.52 | 2.02 |
| FY2025 | 6.50 | (3.20) |
| FY2024 | 9.70 | (18.26) |
| FY2023 | 27.95 | 5.29 |
| FY2022 | 22.67 | 13.42 |
| FY2021 | 9.25 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.25 | — | 0.30 | |
| Retained earnings / total assets | (0.05) | — | −0.07 | |
| EBIT / total assets | 0.01 | — | 0.04 | |
| Market value of equity / total liabilities | 12.69 | — | 7.61 | |
| Sales / total assets | 0.63 | — | 0.63 | |
| Altman Z-score | Safe zone | 8.52 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 3.77 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| SLAB Silicon Laboratories, Inc. compare | 16.6× |
| CRUS Cirrus Logic, Inc. compare | 14.4× |
| PI Impinj, Inc. compare | 9.2× |
| ALGM Allegro MicroSystems, Inc. | 8.5× |
| SIMO Silicon Motion Technology Corporation compare | 6.9× |
| DIOD Diodes Incorporated compare | 4.8× |
| SYNA Synaptics Incorporated compare | 3.5× |
| VSH Vishay Intertechnology, Inc. compare | 1.9× |
| MXL MaxLinear, Inc compare | 1.9× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets