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QRVO vs ADI
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
QRVO vs ADI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Semiconductors | Semiconductors |
| Market Cap | $8.25B | $202.93B |
| Revenue (TTM) | $3.68B | $11.76B |
| Net Income (TTM) | $339M | $2.71B |
| Gross Margin | 45.9% | 62.8% |
| Operating Margin | 11.2% | 29.2% |
| Forward P/E | 13.7x | 36.4x |
| Total Debt | $1.55B | $8.66B |
| Cash & Equiv. | $1.22B | $2.50B |
QRVO vs ADI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Qorvo, Inc. (QRVO) | 100 | 84.9 | -15.1% |
| Analog Devices, Inc. (ADI) | 100 | 368.0 | +268.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: QRVO vs ADI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
QRVO is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.31
- Rev growth -1.1%, EPS growth 5.2%, 3Y rev CAGR 1.0%
- Lower volatility, beta 1.31, Low D/E 46.3%, current ratio 3.24x
ADI carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 7.0% 10Y total return vs QRVO's 92.9%
- 16.9% revenue growth vs QRVO's -1.1%
- 23.0% margin vs QRVO's 9.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.9% revenue growth vs QRVO's -1.1% | |
| Value | Lower P/E (13.7x vs 36.4x) | |
| Quality / Margins | 23.0% margin vs QRVO's 9.2% | |
| Stability / Safety | Beta 1.31 vs ADI's 1.44 | |
| Dividends | 0.9% yield; 22-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +114.6% vs QRVO's +26.5% | |
| Efficiency (ROA) | 5.6% ROA vs QRVO's 5.6%, ROIC 5.4% vs 8.1% |
QRVO vs ADI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
QRVO vs ADI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ADI leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ADI is the larger business by revenue, generating $11.8B annually — 3.2x QRVO's $3.7B. ADI is the more profitable business, keeping 23.0% of every revenue dollar as net income compared to QRVO's 9.2%. On growth, ADI holds the edge at +30.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.7B | $11.8B |
| EBITDAEarnings before interest/tax | $607M | $5.4B |
| Net IncomeAfter-tax profit | $339M | $2.7B |
| Free Cash FlowCash after capex | $680M | $4.6B |
| Gross MarginGross profit ÷ Revenue | +45.9% | +62.8% |
| Operating MarginEBIT ÷ Revenue | +11.2% | +29.2% |
| Net MarginNet income ÷ Revenue | +9.2% | +23.0% |
| FCF MarginFCF ÷ Revenue | +18.5% | +38.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | -7.0% | +30.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -3.0% | +116.7% |
Valuation Metrics
QRVO leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 24.6x trailing earnings, QRVO trades at a 73% valuation discount to ADI's 91.2x P/E. On an enterprise value basis, QRVO's 20.8x EV/EBITDA is more attractive than ADI's 42.4x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $8.2B | $202.9B |
| Enterprise ValueMkt cap + debt − cash | $8.6B | $209.1B |
| Trailing P/EPrice ÷ TTM EPS | 24.57x | 91.15x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.66x | 36.39x |
| PEG RatioP/E ÷ EPS growth rate | — | 13.38x |
| EV / EBITDAEnterprise value multiple | 20.84x | 42.40x |
| Price / SalesMarket cap ÷ Revenue | 2.24x | 18.41x |
| Price / BookPrice ÷ Book value/share | 2.49x | 6.11x |
| Price / FCFMarket cap ÷ FCF | 12.13x | 47.43x |
Profitability & Efficiency
QRVO leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
QRVO delivers a 9.7% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $8 for ADI. ADI carries lower financial leverage with a 0.26x debt-to-equity ratio, signaling a more conservative balance sheet compared to QRVO's 0.46x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.7% | +8.0% |
| ROA (TTM)Return on assets | +5.6% | +5.6% |
| ROICReturn on invested capital | +8.1% | +5.4% |
| ROCEReturn on capital employed | +8.0% | +6.5% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 8 |
| Debt / EquityFinancial leverage | 0.46x | 0.26x |
| Net DebtTotal debt minus cash | $330M | $6.2B |
| Cash & Equiv.Liquid assets | $1.2B | $2.5B |
| Total DebtShort + long-term debt | $1.5B | $8.7B |
| Interest CoverageEBIT ÷ Interest expense | 6.34x | 10.80x |
Total Returns (Dividends Reinvested)
ADI leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ADI five years ago would be worth $27,857 today (with dividends reinvested), compared to $4,816 for QRVO. Over the past 12 months, ADI leads with a +114.6% total return vs QRVO's +26.5%. The 3-year compound annual growth rate (CAGR) favors ADI at 32.3% vs QRVO's -1.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +3.1% | +52.2% |
| 1-Year ReturnPast 12 months | +26.5% | +114.6% |
| 3-Year ReturnCumulative with dividends | -5.6% | +131.4% |
| 5-Year ReturnCumulative with dividends | -51.8% | +178.6% |
| 10-Year ReturnCumulative with dividends | +92.9% | +699.1% |
| CAGR (3Y)Annualised 3-year return | -1.9% | +32.3% |
Risk & Volatility
Evenly matched — QRVO and ADI each lead in 1 of 2 comparable metrics.
Risk & Volatility
QRVO is the less volatile stock with a 1.31 beta — it tends to amplify market swings less than ADI's 1.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ADI currently trades 99.9% from its 52-week high vs QRVO's 83.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.31x | 1.44x |
| 52-Week HighHighest price in past year | $106.30 | $415.97 |
| 52-Week LowLowest price in past year | $69.03 | $194.26 |
| % of 52W HighCurrent price vs 52-week peak | +83.7% | +99.9% |
| RSI (14)Momentum oscillator 0–100 | 76.3 | 69.8 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 3.5M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates QRVO as "Hold" and ADI as "Buy". Consensus price targets imply -4.1% upside for QRVO (target: $85) vs -9.9% for ADI (target: $374). ADI is the only dividend payer here at 0.93% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $85.29 | $374.42 |
| # AnalystsCovering analysts | 42 | 54 |
| Dividend YieldAnnual dividend ÷ price | — | +0.9% |
| Dividend StreakConsecutive years of raises | — | 22 |
| Dividend / ShareAnnual DPS | — | $3.87 |
| Buyback YieldShare repurchases ÷ mkt cap | +6.5% | +1.1% |
ADI leads in 2 of 6 categories (Income & Cash Flow, Total Returns). QRVO leads in 2 (Valuation Metrics, Profitability & Efficiency). 1 tied.
QRVO vs ADI: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is QRVO or ADI a better buy right now?
For growth investors, Analog Devices, Inc.
(ADI) is the stronger pick with 16. 9% revenue growth year-over-year, versus -1. 1% for Qorvo, Inc. (QRVO). Qorvo, Inc. (QRVO) offers the better valuation at 24. 6x trailing P/E (13. 7x forward), making it the more compelling value choice. Analysts rate Analog Devices, Inc. (ADI) a "Buy" — based on 54 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — QRVO or ADI?
On trailing P/E, Qorvo, Inc.
(QRVO) is the cheapest at 24. 6x versus Analog Devices, Inc. at 91. 2x. On forward P/E, Qorvo, Inc. is actually cheaper at 13. 7x.
03Which is the better long-term investment — QRVO or ADI?
Over the past 5 years, Analog Devices, Inc.
(ADI) delivered a total return of +178. 6%, compared to -51. 8% for Qorvo, Inc. (QRVO). Over 10 years, the gap is even starker: ADI returned +699. 1% versus QRVO's +92. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — QRVO or ADI?
By beta (market sensitivity over 5 years), Qorvo, Inc.
(QRVO) is the lower-risk stock at 1. 31β versus Analog Devices, Inc. 's 1. 44β — meaning ADI is approximately 10% more volatile than QRVO relative to the S&P 500. On balance sheet safety, Analog Devices, Inc. (ADI) carries a lower debt/equity ratio of 26% versus 46% for Qorvo, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — QRVO or ADI?
By revenue growth (latest reported year), Analog Devices, Inc.
(ADI) is pulling ahead at 16. 9% versus -1. 1% for Qorvo, Inc. (QRVO). On earnings-per-share growth, the picture is similar: Qorvo, Inc. grew EPS 524. 1% year-over-year, compared to 39. 0% for Analog Devices, Inc.. Over a 3-year CAGR, QRVO leads at 1. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — QRVO or ADI?
Analog Devices, Inc.
(ADI) is the more profitable company, earning 20. 6% net margin versus 9. 2% for Qorvo, Inc. — meaning it keeps 20. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ADI leads at 26. 6% versus 11. 2% for QRVO. At the gross margin level — before operating expenses — ADI leads at 61. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is QRVO or ADI more undervalued right now?
On forward earnings alone, Qorvo, Inc.
(QRVO) trades at 13. 7x forward P/E versus 36. 4x for Analog Devices, Inc. — 22. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for QRVO: -4. 1% to $85. 29.
08Which pays a better dividend — QRVO or ADI?
In this comparison, ADI (0.
9% yield) pays a dividend. QRVO does not pay a meaningful dividend and should not be held primarily for income.
09Is QRVO or ADI better for a retirement portfolio?
For long-horizon retirement investors, Analog Devices, Inc.
(ADI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 9% yield, +699. 1% 10Y return). Both have compounded well over 10 years (ADI: +699. 1%, QRVO: +92. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between QRVO and ADI?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: QRVO is a small-cap quality compounder stock; ADI is a large-cap high-growth stock. ADI pays a dividend while QRVO does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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