Logitech International S.A. – Registered Shares
Description
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers. It sells its products to a network of distributors, retailers, and e-tailers who resell to retailers, value-added resellers, systems integrators, and other distributors. The company sells its products under the Logitech, Logitech G, and others. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.
About
CEO
Ms. Johanna W. Faber
Employees
7,300
Instrument type
Common Stock
Sector
Technology
Industry
Computer Hardware
MIC code
XNGS
Address
Daniel Borel Innovation Center, Lausanne, 1015, Switzerland
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Summary
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 27, 2026 | — | — | — | — |
| Oct 20, 2025 | — | — | — | — |
| Jul 22, 2025 | — | — | — | — |
| Apr 28, 2025 | — | — | — | — |
| Jan 29, 2025 | 1.35 | 1.59 | 0.24 | 17.78% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Mar 2025)
|
Next Year
(Mar 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 5 | 4 | 6 | 9 |
| Average estimate | 0.85 | 1.07 | 4.82 | 4.86 |
| Low estimate | 0.79 | 1.04 | 4.71 | 4.55 |
| High estimate | 0.90 | 1.13 | 4.96 | 5.15 |
| Last year EPS | 0.99 | 1.13 | 4.25 | 4.82 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-14.270%
Next qtr. (Jun 2025)
-5.190%
Current year (Mar 2025)
11.950%
Next year (Mar 2026)
3.610%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total reported revenue | 4.30B | 4.54B | 5.48B | 5.25B | 2.98B |
| Cost of revenue | 2.52B | 2.82B | 3.22B | 2.92B | 1.85B |
| Gross profit | 1.78B | 1.72B | 2.26B | 2.34B | 1.12B |
| Operating expense | |||||
| Research & development | 287.24M | 280.80M | 291.84M | 226.02M | 177.59M |
| Selling general and admin | 882.62M | 923.74M | 1.17B | 935.97M | 626.40M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 597.23M | 503.14M | 785.28M | 1.15B | 300.83M |
| Non operating interest income | |||||
| Income | 50.64M | 18.33M | 1.25M | 1.78M | 9.62M |
| Expense | — | — | — | — | — |
| Other income expense | -26.27M | -57.94M | -10.71M | -8.34M | 13.88M |
| Pretax income | 621.60M | 463.52M | 775.82M | 1.15B | 324.33M |
| Tax provision | 9.45M | 98.95M | 131.31M | 200.86M | -125.40M |
| Net income | 612.14M | 364.58M | 644.51M | 947.26M | 449.72M |
| Basic EPS | 3.90 | 2.25 | 3.85 | 5.62 | 2.70 |
| Diluted EPS | 3.87 | 2.23 | 3.78 | 5.51 | 2.66 |
| Basic average shares | 156.78M | 162.30M | 167.45M | 168.52M | 166.84M |
| Diluted average shares | 156.78M | 162.30M | 167.45M | 168.52M | 166.84M |
| EBITDA | 708.24M | 661.80M | 914.54M | 1.25B | 360.70M |
| Net income from continuing op. | 612.14M | 364.58M | 644.51M | 947.26M | 449.72M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total assets | 3.60B | 3.56B | 4.04B | 4.14B | 2.36B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 1.52B | 1.15B | 1.33B | 1.75B | 715.57M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 541.72M | 630.38M | 675.60M | 612.23M | 394.74M |
| Other receivables | — | — | — | — | — |
| Inventory | 422.51M | 682.89M | 933.12M | 661.12M | 229.25M |
| Prepaid assets | — | — | 76.63M | 67.94M | 41.30M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 105.10M | 82.53M | 76.63M | — | — |
| Non current assets | |||||
| Properties | 358.02M | 376.48M | 308.83M | 276.13M | 211.32M |
| Land and improvements | 2.71M | 2.80M | 2.90M | 2.91M | 2.81M |
| Machinery furniture equipment | 197.14M | 180.01M | 172.43M | 150.01M | 147.50M |
| Construction in progress | 7.18M | 26.40M | 15.92M | 19.64M | 10.44M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -387.29M | -396.86M | -349.61M | -303.46M | -270.39M |
| Goodwill | 968.56M | 972.39M | 980.13M | 974.36M | 928.78M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 44.60M | 63.17M | 83.78M | 115.15M | 126.94M |
| Investments and advances | 28.66M | 33.32M | 43.07M | 43.40M | 45.95M |
| Other non current assets | 231.20M | 187.43M | 208.56M | 224.87M | 253.43M |
| Total liabilities | 1.37B | 1.30B | 1.64B | 1.88B | 874.21M |
| Current liabilities | |||||
| Accounts payable | 448.63M | 406.97M | 636.31M | 823.23M | 259.12M |
| Accrued expenses | 229.82M | 302.62M | 484.35M | 401.93M | 264.91M |
| Short term debt | 15.11M | 12.66M | 13.69M | 13.10M | 10.95M |
| Deferred revenue | 19.26M | 11.02M | — | — | — |
| Tax payable | 52.45M | 52.12M | 74.96M | 182.03M | 21.58M |
| Pensions | 145.47M | 103.59M | — | — | — |
| Other current liabilities | 175.15M | 161.14M | 211.85M | 209.16M | 146.04M |
| Non current liabilities | |||||
| Long term debt | 61.92M | 58.36M | 28.21M | 21.32M | 19.54M |
| Provision for risks and charges | 112.57M | 106.39M | 83.38M | 59.24M | 40.79M |
| Deferred liabilities | 705,000 | 2.80M | 1.96M | 1.68M | 1.93M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 16.99M | 16.62M | 22.79M | 19.37M | 16.42M |
| Shareholders equity | |||||
| Common stock | 30.15M | 30.15M | 30.15M | 30.15M | 30.15M |
| Retained earnings | 3.60B | 3.18B | 2.98B | 2.49B | 1.69B |
| Other shareholders equity | -111.20M | -100.28M | -104.12M | -108.92M | -120.66M |
| Total shareholders equity | 2.23B | 2.26B | 2.40B | 2.26B | 1.49B |
| Additional paid in capital | 63.52M | 127.38M | 129.93M | 129.52M | 75.10M |
| Treasury stock | 1.35B | 977.27M | 632.89M | 279.54M | 185.90M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | 612.14M | 364.58M | 644.51M | 947.26M | 449.72M | 257.57M | 208.54M | 205.88M | 105.63M | 9.28M | 74.30M | -227.52M | 104.24M | 131.17M | 64.96M | 107.03M | 231.03M | 229.85M | 181.11M | 149.27M | 132.15M | 98.84M | 74.96M | 45.07M | 30.04M | 7.10M | 15.50M | 21.10M | 8.20M |
| Depreciation | 84.75M | 100.72M | 118.54M | 82.57M | 73.75M | 67.65M | 56.90M | 50.49M | 52.99M | 49.67M | 66.74M | 75.34M | 79.48M | 76.66M | 70.90M | 52.19M | 49.22M | 40.12M | 34.52M | 32.36M | 31.40M | 30.57M | 31.77M | 22.04M | 20.02M | 15.80M | 13.40M | 11.50M | 10.00M |
| Deferred Taxes | -42.42M | 30.71M | 27.33M | 34.48M | -159.85M | -12.26M | 7.14M | -2.40M | 6.60M | 2.24M | -4.83M | -3.21M | -2.25M | -8.49M | -17.90M | -10.39M | -2.14M | -9.69M | -4.87M | -3.70M | 8.55M | -387,000 | -376,000 | 593,000 | -24,000 | -1.80M | -1.20M | -3.10M | 500,000 |
| Stock-Based Compensation | 82.89M | 70.78M | 93.48M | 86.02M | 54.87M | 50.27M | 44.14M | 35.89M | 27.35M | 25.83M | 25.55M | 25.20M | 31.53M | 34.85M | 25.81M | 24.50M | 21.04M | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 129,000 | 1.01M | -2.37M | 3.93M | 22.31M | -230,000 | -4.92M | -7.99M | — | — | — | — | 34.07M | -901,000 | -1.22M | 3.73M | 79.82M | 6.39M | — | — | — | — | — | — | — | — | -100,000 | 100,000 | 100,000 |
| Accounts Receivable | 91.52M | 51.19M | -71.51M | -201.22M | -15.77M | -58.80M | -26.36M | -46.55M | 25.51M | -8.02M | -219,000 | 45.27M | 29.28M | -58.56M | 28.49M | 152.50M | -31.21M | -9.92M | -66.65M | -14.14M | -14.09M | 2.57M | -28.94M | -6.63M | -31.82M | -31.90M | 6.10M | -12.70M | -5.40M |
| Accounts Payable | 39.34M | -219.05M | -181.30M | 553.96M | -24.25M | -19.13M | 17.70M | 24.46M | -58.10M | 60.41M | -21.32M | -33.41M | 3.33M | 37.71M | 94.16M | -123.80M | 61.10M | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 270.56M | 252.94M | -294.81M | -495.21M | 97.03M | -39.15M | -17.77M | -26.05M | 28.02M | -69.08M | 46.70M | 33.87M | -40.47M | -49.32M | 61.02M | 5.54M | 27.94M | 21.66M | 2.70M | 28.08M | 11.42M | -15.96M | 36.63M | -32.00M | 1.78M | -26.70M | 17.80M | -3.10M | -1.50M |
| Operating Cash Flow | 1.14B | 652.87M | 333.88M | 1.01B | 497.81M | 245.92M | 285.37M | 233.73M | 188.01M | 70.33M | 186.91M | -84.45M | 239.20M | 163.11M | 326.20M | 211.29M | 436.80M | 278.41M | 146.80M | 191.87M | 169.44M | 115.63M | 114.04M | 29.07M | 19.99M | -37.50M | 51.50M | 13.80M | 11.90M |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -55.90M | -92.35M | -89.15M | -76.19M | -38.45M | -35.93M | -39.75M | -31.80M | -56.62M | -45.25M | -46.66M | -54.49M | -45.23M | -40.35M | -39.83M | -48.26M | -57.90M | -47.25M | -54.10M | -40.54M | -24.72M | -28.66M | -21.94M | -13.19M | -15.72M | -24.80M | -12.90M | -17.90M | 5.60M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -15.04M | -12.88M | -17.70M | -47.64M | -91.91M | -136.53M | -89.56M | -67.95M | -2.42M | -3.48M | -950,000 | -4.42M | -18.81M | 1.79M | -388.81M | -64.43M | -59.72M | -20.52M | 860,000 | -30.49M | -15.49M | 1.99M | -6.82M | -47.70M | -4.22M | — | — | — | — |
| Purchase of Investments | -11.57M | -6.70M | -15.06M | -12.34M | -11.96M | -6.71M | -12.84M | -7.05M | -9.62M | -5.03M | -8.45M | -4.20M | -7.51M | -19.08M | — | -427,000 | -380.94M | -416.48M | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | 12.17M | 6.21M | 14.05M | 16.18M | 12.09M | 5.82M | 13.45M | 7.12M | 10.07M | 5.47M | 9.26M | 5.38M | 13.95M | 6.47M | — | — | 551.79M | 214.72M | — | — | — | 2.07M | 4.25M | 1.77M | — | — | — | — | — |
| Investing Cash Flow | -70.34M | -105.73M | -107.86M | -119.98M | -130.23M | -173.35M | -128.70M | -98.96M | -59.30M | -48.29M | -46.80M | -57.72M | -57.60M | -39.86M | -427.83M | -113.12M | 52.07M | -270.06M | -54.71M | -71.04M | -40.21M | -24.60M | -24.51M | -59.12M | -19.94M | -64.80M | -7.90M | -17.80M | 5.40M |
| Financing Activities | |||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -13.63M | — | -11.74M | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -35.86M | -35.12M | -65.04M | -32.08M | -24.28M | -30.77M | -34.81M | -18.41M | -7.25M | -6.48M | -3.47M | -2.35M | -929,000 | 3.23M | 2.81M | 6.59M | 15.23M | 13.08M | — | — | — | — | — | — | — | — | -100,000 | 100,000 | -100,000 |
| Financing Cash Flow | -722.37M | -612.14M | -636.47M | -343.74M | -198.90M | -177.19M | -169.78M | -195.29M | -163.52M | -51.91M | -39.60M | -223.62M | -156.97M | 3.23M | -137.12M | -72.28M | -177.39M | -80.31M | -192.15M | -88.54M | -47.76M | -48.19M | 1.35M | 9.98M | — | 200,000 | 11.80M | 20.80M | 100,000 |
| Other Cash Details | |||||||||||||||||||||||||||||
| End Cash Position | 1.52B | 1.15B | 1.33B | 1.75B | 715.57M | 604.52M | 641.95M | 547.53M | 519.20M | 537.04M | 469.41M | 333.82M | 478.37M | 477.93M | 319.94M | 492.76M | 482.35M | 196.20M | 245.01M | 341.28M | 294.75M | 218.73M | 143.10M | 44.14M | 49.43M | 43.30M | 72.40M | — | — |
| Income Tax Paid | 50.86M | 71.96M | 192.90M | 23.04M | 20.85M | 15.31M | 15.05M | 11.32M | — | 10.84M | 9.19M | 14.11M | 14.42M | 16.62M | 9.44M | 15.27M | 11.66M | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | 1.08M | 1.29M | 110,000 | 25,000 | 66,000 | 143,000 | 22,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1.09B | 441.66M | 209.17M | 1.38B | 385.52M | 269.25M | 306.51M | 256.59M | 128.58M | 133.38M | 158.76M | 67.90M | 148.34M | 113.70M | 325.43M | 152.32M | 335.18M | 256.58M | 98.12M | 173.13M | 141.74M | 116.45M | 90.65M | -4.78M | 14.99M | -8.00M | 30.50M | 9.40M | -3.50M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard International Stock Index-Total Intl Stock Indx | Oct 31, 2024 | 2,158,085 | 212.70M | 1.28% |
| Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund | Sep 30, 2024 | 1,322,503 | 130.35M | 0.78% |
| iShares Core MSCI EAFE ETF | Nov 30, 2024 | 973,492 | 95.95M | 0.58% |
| iShares MSCI Eafe ETF | Nov 30, 2024 | 502,478 | 49.52M | 0.30% |
| Fidelity International Index Fund | Nov 30, 2024 | 478,591 | 47.17M | 0.28% |
| SEI Institutional Investment Tr-World Equity Ex-U.S. Fd | Nov 30, 2024 | 370,514 | 36.52M | 0.22% |
| Vanguard Intl Equity Index Fds-FTSE All World ex U.S. Index Fund | Oct 31, 2024 | 307,828 | 30.34M | 0.18% |
| Vanguard International Stock Index-Vanguard European Stock Index | Oct 31, 2024 | 310,108 | 30.56M | 0.18% |
| Schwab Strategic Tr-Schwab International Equity ETF | Nov 30, 2024 | 312,286 | 30.78M | 0.18% |
| iShares MSCI Eafe Growth ETF | Nov 30, 2024 | 292,558 | 28.83M | 0.17% |
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