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Analog Devices, Inc.(ADI)Earnings, Financials & Key Ratios
ADI•NASDAQ
$404.77
$197.61B mkt cap·88.8× P/E·Price updated May 6, 2026
AboutAnalog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets; and power ICs include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company offers digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, the rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.Show more
- Revenue$11.02B+16.9%
- EBITDA$4.93B+19.2%
- Net Income$2.27B+38.7%
- EPS (Diluted)4.56+39.0%
- Gross Margin61.47%+7.7%
- EBITDA Margin44.75%+2.0%
- Operating Margin26.61%+23.4%
- Net Margin20.58%+18.6%
- ROE6.57%+42.2%
- ROIC5.44%+47.2%
- Debt/Equity0.26+17.8%
- Interest Coverage9.23+46.3%
ADI Key Insights
Analog Devices, Inc. (ADI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 38.8% free cash flow margin
- ✓22 consecutive years of dividend growth
- ✓Momentum leader: RS Rating 87 (top 13%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 14.5%
✗Weaknesses
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ADI Price & Volume
Analog Devices, Inc. (ADI) stock price & volume — 10-year historical chart
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ADI Growth Metrics
Analog Devices, Inc. (ADI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.36%
5 Years14.49%
3 Years-2.84%
TTM25.91%
Profit CAGR
10 Years12.52%
5 Years13.18%
3 Years-6.21%
TTM73.09%
EPS CAGR
10 Years7.56%
5 Years6.81%
3 Years-4.59%
TTM74.2%
Return on Capital
10 Years8.11%
5 Years6.15%
3 Years6.39%
Last Year6.52%
ADI Recent Earnings
Analog Devices, Inc. (ADI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 11/12 qtrs (92%)
Q1 2026Latest
Feb 18, 2026EPS
$2.46
Est $2.31
+6.5%
Revenue
$3.2B
Est $3.1B
+1.4%
Q4 2025
Nov 25, 2025EPS
$2.26
Est $2.24
+0.9%
Revenue
$3.1B
Est $3.0B
+2.4%
Q3 2025
Aug 20, 2025EPS
$2.05
Est $1.95
+5.1%
Revenue
$2.9B
Est $2.8B
+4.0%
Q2 2025
May 22, 2025EPS
$1.85
Est $1.70
+8.8%
Revenue
$2.6B
Est $2.5B
+5.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 18, 2026 | $2.46vs $2.31+6.5% | $3.2Bvs $3.1B+1.4% |
| Q4 2025 | Nov 25, 2025 | $2.26vs $2.24+0.9% | $3.1Bvs $3.0B+2.4% |
| Q3 2025 | Aug 20, 2025 | $2.05vs $1.95+5.1% | $2.9Bvs $2.8B+4.0% |
| Q2 2025 | May 22, 2025 | $1.85vs $1.70+8.8% | $2.6Bvs $2.5B+5.0% |
Based on last 12 quarters of dataView full earnings history →
ADI Peer Comparison
Analog Devices, Inc. (ADI) competitors in Analog, Mixed-Signal and RF Chips — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TXN | 255.72B | 280.87 | 51.54 | 13.05% | 29.11% | 32.49% | 1.02% | 0.95 |
 MCHP | 53.29B | 98.48 | -9999 | -42.35% | -2.21% | -1.42% | 1.45% | 0.80 |
 NXPI | 73.83B | 292.42 | 36.78 | -2.74% | 21.03% | 25.21% | 3.28% | 1.17 |
 STM | 50.82B | 57.18 | 317.67 | -10.8% | 1.17% | 0.79% | 0.12 | |
 ON | 40.39B | 102.70 | 354.13 | -15.35% | 9.46% | 7.43% | 3.51% | 0.45 |
 SWKS | 10.93B | 72.65 | 23.59 | -2.18% | 8.93% | 6.3% | 10.12% | 0.21 |
 QRVO | 8.93B | 96.35 | 26.62 | -1.09% | 9.22% | 9.69% | 7.61% | 0.46 |
 MPWR | 78.03B | 1588.72 | 124.61 | 26.43% | 22.07% | 17.89% | 0.85% | 0.01 |
Compare ADI vs Peers
Analog Devices, Inc. (ADI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ADI Income Statement
Analog Devices, Inc. (ADI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Oct'17 | Oct'18 | Nov'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.25B | 6.22B | 5.99B | 5.6B | 7.32B | 12.01B | 12.31B | 9.43B | 11.02B | 11.76B |
| Revenue Growth % | 53.34% | 18.65% | -3.75% | -6.48% | 30.61% | 64.16% | 2.43% | -23.39% | 16.89% | 25.91% |
| Cost of Goods Sold | 1.72B | 1.97B | 1.98B | 1.91B | 2.46B | 4.21B | 4.43B | 4.05B | 4.25B | 4.37B |
| COGS % of Revenue | 32.77% | 31.72% | 33% | 34.13% | 33.64% | 35.04% | 35.99% | 42.92% | 38.53% | - |
| Gross Profit | 3.53B▲ 0% | 4.25B▲ 20.5% | 4.01B▼ 5.6% | 3.69B▼ 8.1% | 4.86B▲ 31.6% | 7.8B▲ 60.7% | 7.88B▲ 0.9% | 5.38B▼ 31.7% | 6.77B▲ 25.9% | 7.39B▲ 0% |
| Gross Margin % | 67.23% | 68.28% | 67% | 65.87% | 66.36% | 64.96% | 64.01% | 57.08% | 61.47% | 62.84% |
| Gross Profit Growth % | 58.36% | 20.51% | -5.57% | -8.05% | 31.58% | 60.7% | 0.94% | -31.68% | 25.87% | - |
| Operating Expenses | 2.36B | 2.35B | 2.3B | 2.19B | 3.16B | 4.53B | 4.05B | 3.35B | 3.84B | 3.95B |
| OpEx % of Revenue | 45.06% | 37.77% | 38.44% | 39.13% | 43.23% | 37.67% | 32.95% | 35.52% | 34.86% | - |
| Selling, General & Admin | 644.4M | 696.6M | 647.9M | 660.92M | 918.7M | 1.27B | 1.28B | 1.08B | 1.26B | 1.32B |
| SG&A % of Revenue | 12.28% | 11.19% | 10.81% | 11.8% | 12.55% | 10.57% | 10.39% | 11.41% | 11.39% | - |
| Research & Development | 968.13M | 1.17B | 1.13B | 1.05B | 1.3B | 1.7B | 1.66B | 1.49B | 1.77B | 1.83B |
| R&D % of Revenue | 18.45% | 18.72% | 18.87% | 18.75% | 17.71% | 14.15% | 13.49% | 15.78% | 16.03% | - |
| Other Operating Expenses | 751.67M | 489.16M | 524.9M | 480.79M | 949.07M | 1.55B | 1.12B | 785.37M | 819.64M | 4M |
| Operating Income | 1.16B▲ 0% | 1.9B▲ 63.4% | 1.71B▼ 9.9% | 1.5B▼ 12.4% | 1.69B▲ 12.9% | 3.28B▲ 93.8% | 3.82B▲ 16.6% | 2.03B▼ 46.8% | 2.93B▲ 44.3% | 3.44B▲ 0% |
| Operating Margin % | 22.16% | 30.52% | 28.55% | 26.74% | 23.12% | 27.29% | 31.07% | 21.56% | 26.61% | 29.24% |
| Operating Income Growth % | 13.1% | 63.37% | -9.95% | -12.41% | 12.95% | 93.75% | 16.6% | -46.83% | 44.26% | - |
| EBITDA | 1.75B | 2.7B | 2.52B | 2.31B | 2.77B | 5.58B | 6.12B | 4.14B | 4.93B | 5.41B |
| EBITDA Margin % | 33.3% | 43.35% | 42.09% | 41.21% | 37.81% | 46.41% | 49.7% | 43.89% | 44.75% | 46.03% |
| EBITDA Growth % | 41.11% | 54.49% | -6.55% | -8.43% | 19.82% | 101.54% | 9.68% | -32.36% | 19.2% | 34.2% |
| D&A (Non-Cash Add-back) | 584.06M | 799.06M | 811.25M | 810.92M | 1.07B | 2.3B | 2.29B | 2.1B | 2B | 1.97B |
| EBIT | 1.19B | 1.91B | 1.71B | 1.5B | 1.51B | 3.3B | 3.87B | 2.1B | 3.03B | 3.55B |
| Net Interest Income | -220.51M | -244.21M | -218.85M | -189M | -183.6M | -193.5M | -223.35M | -243.41M | -212.45M | -214.76M |
| Interest Income | 30.33M | 9.38M | 10.23M | 4.3M | 1.22M | 6.91M | 41.29M | 78.82M | 105.27M | 114.04M |
| Interest Expense | 250.84M | 253.59M | 229.07M | 193.31M | 184.82M | 200.41M | 264.64M | 322.23M | 317.72M | 328.8M |
| Other Income/Expense | -228.01M | -244.28M | -224.88M | -186.63M | -363.49M | -179.95M | -215.11M | -255.46M | -220.38M | -215.8M |
| Pretax Income | 934.75M▲ 0% | 1.66B▲ 77.1% | 1.49B▼ 10.2% | 1.31B▼ 11.7% | 1.33B▲ 1.3% | 3.1B▲ 133.2% | 3.61B▲ 16.4% | 1.78B▼ 50.7% | 2.71B▲ 52.6% | 3.22B▲ 0% |
| Pretax Margin % | 17.82% | 26.59% | 24.8% | 23.41% | 18.16% | 25.79% | 29.32% | 18.85% | 24.61% | 27.41% |
| Income Tax | 129.37M | 148.33M | 122.72M | 90.86M | -61.71M | 350.19M | 293.42M | 142.07M | 444.77M | 515.55M |
| Effective Tax Rate % | 13.84% | 8.96% | 8.26% | 6.93% | -4.64% | 11.3% | 8.13% | 7.99% | 16.4% | 16% |
| Net Income | 805.38M▲ 0% | 1.51B▲ 87.1% | 1.36B▼ 9.6% | 1.22B▼ 10.4% | 1.39B▲ 13.9% | 2.75B▲ 97.7% | 3.31B▲ 20.6% | 1.64B▼ 50.7% | 2.27B▲ 38.7% | 2.71B▲ 0% |
| Net Margin % | 15.35% | 24.21% | 22.75% | 21.79% | 19% | 22.88% | 26.94% | 17.35% | 20.58% | 23.02% |
| Net Income Growth % | -6.53% | 87.11% | -9.55% | -10.44% | 13.9% | 97.68% | 20.59% | -50.66% | 38.65% | 73.09% |
| Net Income (Continuing) | 805.38M | 1.51B | 1.36B | 1.22B | 1.39B | 2.75B | 3.31B | 1.64B | 2.27B | 2.71B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.29▲ 0% | 3.99▲ 74.2% | 3.66▼ 8.3% | 3.28▼ 10.4% | 3.46▲ 5.5% | 5.25▲ 51.7% | 6.55▲ 24.8% | 3.28▼ 49.9% | 4.56▲ 39.0% | 5.51▲ 0% |
| EPS Growth % | -17.03% | 74.24% | -8.27% | -10.38% | 5.49% | 51.73% | 24.76% | -49.92% | 39.02% | 74.2% |
| EPS (Basic) | 2.32 | 4.04 | 3.69 | 3.31 | 3.50 | 5.29 | 6.60 | 3.30 | 4.59 | - |
| Diluted Shares Outstanding | 350.48M | 374.94M | 372.87M | 371.97M | 401.29M | 523.18M | 505.96M | 498.7M | 496.71M | 491.66M |
| Basic Shares Outstanding | 346.37M | 370.43M | 369.13M | 368.63M | 397.46M | 519.23M | 502.23M | 496.17M | 494.38M | 488.87M |
| Dividend Payout Ratio | 74.76% | 46.67% | 57.04% | 72.59% | 79.78% | 56.19% | 50.66% | 109.8% | 84.88% | - |
ADI Balance Sheet
Analog Devices, Inc. (ADI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Oct'17 | Oct'18 | Nov'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.35B | 2.11B | 1.99B | 2.52B | 5.38B | 4.94B | 4.38B | 5.48B | 7.11B | 7.6B |
| Cash & Short-Term Investments | 1.05B | 816.59M | 648.32M | 1.06B | 1.98B | 1.47B | 958.06M | 2.36B | 3.65B | 4.05B |
| Cash Only | 1.05B | 816.59M | 648.32M | 1.06B | 1.98B | 1.47B | 958.06M | 1.99B | 2.5B | 2.91B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 371.82M | 1.15B | 1.14B |
| Accounts Receivable | 688.95M | 639.72M | 635.14M | 737.54M | 1.46B | 1.8B | 1.47B | 1.34B | 1.44B | 1.36B |
| Days Sales Outstanding | 47.93 | 37.51 | 38.7 | 48.05 | 72.77 | 54.7 | 43.59 | 51.74 | 47.57 | 44.49 |
| Inventory | 550.82M | 586.76M | 609.89M | 608.26M | 1.2B | 1.4B | 1.64B | 1.45B | 1.66B | 1.77B |
| Days Inventory Outstanding | 116.93 | 108.48 | 112.58 | 116.08 | 177.98 | 121.37 | 135.36 | 130.61 | 142.38 | 136.71 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 314.01M | 337.47M | 363.34M | 426.39M |
| Total Non-Current Assets | 18.79B | 18.34B | 19.41B | 18.95B | 46.94B | 45.36B | 44.41B | 42.74B | 40.88B | 40.39B |
| Property, Plant & Equipment | 1.11B | 1.15B | 1.22B | 1.12B | 1.98B | 2.4B | 3.22B | 3.42B | 3.32B | 3.25B |
| Fixed Asset Turnover | 4.74x | 5.39x | 4.91x | 5.00x | 3.70x | 5.00x | 3.82x | 2.76x | 3.32x | 3.56x |
| Goodwill | 12.22B | 12.25B | 12.26B | 12.28B | 26.92B | 26.91B | 26.91B | 26.91B | 26.95B | 26.95B |
| Intangible Assets | 5.32B | 4.78B | 4.22B | 3.65B | 15.27B | 13.27B | 11.31B | 9.59B | 8.01B | 7.63B |
| Long-Term Investments | 24.84M | 28.73M | 77.32M | 86.73M | 127.86M | 122.28M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 88.61M | 102.72M | 53.72M | 311.86M | 383.94M | 397.34M | 742.94M | 749.08M | 742.86M | 2.95B |
| Total Assets | 21.14B▲ 0% | 20.45B▼ 3.3% | 21.39B▲ 4.6% | 21.47B▲ 0.4% | 52.32B▲ 143.7% | 50.3B▼ 3.9% | 48.79B▼ 3.0% | 48.23B▼ 1.2% | 47.99B▼ 0.5% | 47.99B▲ 0% |
| Asset Turnover | 0.25x | 0.30x | 0.28x | 0.26x | 0.14x | 0.24x | 0.25x | 0.20x | 0.23x | 0.25x |
| Asset Growth % | 165.25% | -3.27% | 4.61% | 0.36% | 143.71% | -3.86% | -3% | -1.16% | -0.49% | -4.42% |
| Total Current Liabilities | 1.6B | 1.05B | 1.51B | 1.36B | 2.77B | 2.44B | 3.2B | 2.99B | 3.25B | 4.33B |
| Accounts Payable | 236.63M | 260.92M | 225.27M | 227.27M | 443.43M | 582.16M | 493.04M | 487.46M | 543.76M | 549.06M |
| Days Payables Outstanding | 50.23 | 48.24 | 41.58 | 43.37 | 65.74 | 50.47 | 40.64 | 43.98 | 46.74 | 42.05 |
| Short-Term Debt | 300M | 67M | 299.67M | 0 | 516.66M | 0 | 1.05B | 947.37M | 446.64M | 1.44B |
| Deferred Revenue (Current) | 473.97M | 487.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 271.32M | -232.49M | 307.27M | 418.26M | 381.68M | 465.54M | 389.6M | 256.95M | 468.18M | 2.34B |
| Current Ratio | 1.47x | 2.01x | 1.32x | 1.84x | 1.94x | 2.02x | 1.37x | 1.84x | 2.19x | 2.19x |
| Quick Ratio | 1.13x | 1.45x | 0.91x | 1.40x | 1.51x | 1.45x | 0.86x | 1.35x | 1.68x | 1.68x |
| Cash Conversion Cycle | 114.63 | 97.75 | 109.69 | 120.75 | 185.02 | 125.6 | 138.31 | 138.37 | 143.2 | 139.15 |
| Total Non-Current Liabilities | 9.38B | 8.12B | 8.17B | 8.11B | 11.56B | 11.39B | 10.03B | 10.06B | 10.93B | 9.87B |
| Long-Term Debt | 7.55B | 6.27B | 5.19B | 5.15B | 6.25B | 6.55B | 5.9B | 6.63B | 8.15B | 7.24B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.67B | 990.41M | 2.09B | 1.92B | 3.94B | 3.62B | 3.13B | 2.62B | 2.16B | 8.91B |
| Other Non-Current Liabilities | 157.66M | 862.36M | 894.36M | 1.04B | 1.37B | 1.22B | 998.08M | 804.98M | 622.81M | 2.49B |
| Total Liabilities | 10.98B | 9.17B | 9.68B | 9.47B | 14.33B | 13.84B | 13.23B | 13.05B | 14.18B | 14.2B |
| Total Debt | 7.85B | 6.33B | 5.49B | 5.19B | 6.82B | 6.6B | 7.01B | 7.65B | 8.66B | 8.68B |
| Net Debt | 6.8B | 5.52B | 4.84B | 4.13B | 4.84B | 5.13B | 6.06B | 5.66B | 6.17B | 5.78B |
| Debt / Equity | 0.77x | 0.56x | 0.47x | 0.43x | 0.18x | 0.18x | 0.20x | 0.22x | 0.26x | 0.26x |
| Debt / EBITDA | 4.49x | 2.35x | 2.18x | 2.25x | 2.47x | 1.18x | 1.15x | 1.85x | 1.76x | 1.60x |
| Net Debt / EBITDA | 3.89x | 2.04x | 1.92x | 1.79x | 1.75x | 0.92x | 0.99x | 1.37x | 1.25x | 1.25x |
| Interest Coverage | 4.64x | 7.49x | 7.47x | 7.75x | 9.16x | 16.36x | 14.45x | 6.31x | 9.23x | 10.80x |
| Total Equity | 10.16B▲ 0% | 11.27B▲ 10.9% | 11.71B▲ 3.9% | 12B▲ 2.5% | 37.99B▲ 216.7% | 36.47B▼ 4.0% | 35.57B▼ 2.5% | 35.18B▼ 1.1% | 33.82B▼ 3.9% | 33.79B▲ 0% |
| Equity Growth % | 96.71% | 10.89% | 3.91% | 2.47% | 216.66% | -4.02% | -2.47% | -1.09% | -3.87% | -11.33% |
| Book Value per Share | 28.99 | 30.05 | 31.40 | 32.25 | 94.68 | 69.70 | 70.29 | 70.54 | 68.08 | 68.72 |
| Total Shareholders' Equity | 10.16B | 11.27B | 11.71B | 12B | 37.99B | 36.47B | 35.57B | 35.18B | 33.82B | 33.79B |
| Common Stock | 61.44M | 61.69M | 61.38M | 61.58M | 87.55M | 84.88M | 82.71M | 82.72M | 81.61M | 81.37M |
| Retained Earnings | 4.91B | 5.98B | 6.9B | 7.24B | 7.52B | 8.72B | 10.36B | 10.2B | 10.54B | 10.89B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -61.36M | -58.44M | -187.8M | -249.46M | -186.56M | -198.15M | -188.3M | -185.26M | -154.58M | -148.44M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ADI Cash Flow Statement
Analog Devices, Inc. (ADI) cash flow — operating, investing & free cash flow history
| Line item | Oct'17 | Oct'18 | Nov'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.11B | 2.44B | 2.25B | 2.01B | 2.74B | 4.48B | 4.82B | 3.85B | 4.81B | 4.81B |
| Operating CF Margin % | 21.21% | 39.24% | 37.61% | 35.85% | 37.37% | 37.25% | 39.15% | 40.87% | 43.67% | - |
| Operating CF Growth % | -13.14% | 119.52% | -7.75% | -10.86% | 36.18% | 63.63% | 7.65% | -20.03% | 24.91% | 121.01% |
| Net Income | 727.26M | 1.5B | 1.36B | 1.22B | 1.39B | 2.75B | 3.31B | 1.64B | 2.27B | 2.71B |
| Depreciation & Amortization | 584.06M | 799.06M | 811.25M | 810.92M | 1.07B | 2.3B | 2.29B | 2.1B | 2B | 1.97B |
| Stock-Based Compensation | 104.19M | 151.16M | 150.3M | 149.52M | 243.61M | 323.49M | 299.82M | 262.71M | 321.56M | 329.66M |
| Deferred Taxes | -825.87M | -736.76M | -91.25M | -113.95M | -406.92M | -326.75M | -452.95M | -367.56M | -246.65M | -247.85M |
| Other Non-Cash Items | 306.08M | 36.57M | 55.07M | -212.19M | 541.38M | 316.27M | 8.66M | 23.05M | -9.91M | 4.31M |
| Working Capital Changes | 216.88M | 696.89M | -35.28M | 153.42M | -108.06M | -883.66M | -645.59M | 194.74M | 481.01M | 287.19M |
| Change in Receivables | -65.67M | 45.98M | 5.89M | -101.63M | -114.5M | -343.91M | 330.73M | 133.4M | -90.96M | 0 |
| Change in Inventory | -47.35M | -34.64M | -42.77M | 1.76M | -65.11M | -470.73M | -242.3M | 191.17M | -208.64M | 0 |
| Change in Payables | 192.25M | -5.07M | -6.37M | 103.1M | 208.44M | 171.77M | -499.32M | -133.76M | 657.3M | 0 |
| Cash from Investing | -6.62B | -314M | -293.19M | -180.52M | 2.14B | -657.37M | -1.27B | -1.1B | -1.32B | -1.23B |
| Capital Expenditures | -204.1M | -254.88M | -275.37M | -165.69M | -343.68M | -699.31M | -1.26B | -730.46M | -533.55M | -493.89M |
| CapEx % of Revenue | 3.89% | 4.09% | 4.6% | 2.96% | 4.7% | 5.82% | 10.25% | 7.75% | 4.84% | - |
| Acquisitions | -9.63B | -52.84M | -11.17M | 0 | 2.45B | 0 | 0 | 0 | -45.65M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -15.84M | -6.28M | -6.64M | -14.83M | 6.53M | 41.94M | -4.92M | -4.77M | 35.15M | 27.11M |
| Cash from Financing | 5.63B | -2.36B | -2.13B | -1.42B | -3.96B | -4.29B | -4.06B | -1.71B | -2.98B | -3.26B |
| Debt Issued (Net) | 6.11B | -1.53B | -850M | -354.35M | 347.66M | -222.99M | 481.54M | 588.4M | 989.69M | 1.09B |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
| Dividends Paid | -602.12M | -703.31M | -777.48M | -886.15M | -1.11B | -1.54B | -1.68B | -1.8B | -1.92B | -1.95B |
| Share Repurchases | -46.53M | -225.98M | -613M | -244.49M | -3.11B | -2.58B | -2.96B | -615.59M | -2.16B | -2.52B |
| Other Financing | 171.07M | 3.44M | 113.69M | 64.39M | 407.17M | 53.83M | 97.77M | 108.25M | 7.83M | 69.68M |
| Net Change in Cash | 126.71M▲ 0% | -231.25M▼ 282.5% | -168.27M▲ 27.2% | 407.54M▲ 342.2% | 922.1M▲ 126.3% | -507.39M▼ 155.0% | -512.51M▼ 1.0% | 1.03B▲ 301.6% | 508.06M▼ 50.8% | 555.87M▲ 0% |
| Free Cash Flow | 908.49M▲ 0% | 2.19B▲ 140.8% | 1.98B▼ 9.6% | 1.84B▼ 6.8% | 2.39B▲ 29.8% | 3.78B▲ 57.9% | 3.56B▼ 5.8% | 3.12B▼ 12.2% | 4.28B▲ 37.0% | 4.56B▲ 0% |
| FCF Margin % | 17.32% | 35.14% | 33.01% | 32.89% | 32.68% | 31.43% | 28.9% | 33.12% | 38.83% | 38.79% |
| FCF Growth % | -21.24% | 140.78% | -9.59% | -6.82% | 29.77% | 57.9% | -5.82% | -12.21% | 37.05% | 43.21% |
| FCF per Share | 2.59 | 5.83 | 5.30 | 4.95 | 5.96 | 7.22 | 7.03 | 6.26 | 8.61 | 8.61 |
| FCF Conversion (FCF/Net Income) | 1.38x | 1.62x | 1.65x | 1.65x | 1.97x | 1.63x | 1.45x | 2.36x | 2.12x | 1.68x |
| Interest Paid | 183.12M | 233.44M | 0 | 0 | 0 | 0 | 0 | 268.19M | 0 | 0 |
| Taxes Paid | 868.49M | 211.47M | 0 | 0 | 0 | 0 | 0 | 414.84M | 0 | 0 |
ADI Key Ratios
Analog Devices, Inc. (ADI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 10.51% | 14.06% | 11.86% | 10.3% | 5.56% | 7.38% | 9.2% | 4.62% | 6.57% | 8.01% |
| Return on Invested Capital (ROIC) | 7.6% | 8.44% | 7.7% | 6.88% | 4.3% | 5.82% | 6.89% | 3.7% | 5.44% | 5.44% |
| Gross Margin | 67.23% | 68.28% | 67% | 65.87% | 66.36% | 64.96% | 64.01% | 57.08% | 61.47% | 62.84% |
| Net Margin | 15.35% | 24.21% | 22.75% | 21.79% | 19% | 22.88% | 26.94% | 17.35% | 20.58% | 23.02% |
| Debt / Equity | 0.77x | 0.56x | 0.47x | 0.43x | 0.18x | 0.18x | 0.20x | 0.22x | 0.26x | 0.26x |
| Interest Coverage | 4.64x | 7.49x | 7.47x | 7.75x | 9.16x | 16.36x | 14.45x | 6.31x | 9.23x | 10.80x |
| FCF Conversion | 1.38x | 1.62x | 1.65x | 1.65x | 1.97x | 1.63x | 1.45x | 2.36x | 2.12x | 1.68x |
| Revenue Growth | 53.34% | 18.65% | -3.75% | -6.48% | 30.61% | 64.16% | 2.43% | -23.39% | 16.89% | 25.91% |
ADI SEC Filings & Documents
Analog Devices, Inc. (ADI) SEC filings — annual & quarterly reports (10-K, 10-Q)
ADI Frequently Asked Questions
Analog Devices, Inc. (ADI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Analog Devices, Inc. (ADI) reported $11.76B in revenue for fiscal year 2025. This represents a 885% increase from $1.19B in 1996.
Analog Devices, Inc. (ADI) grew revenue by 16.9% over the past year. This is strong growth.
Yes, Analog Devices, Inc. (ADI) is profitable, generating $2.71B in net income for fiscal year 2025 (20.6% net margin).
Dividend & Returns
Yes, Analog Devices, Inc. (ADI) pays a dividend with a yield of 0.96%. This makes it attractive for income-focused investors.
Analog Devices, Inc. (ADI) has a return on equity (ROE) of 6.6%. This is below average, suggesting room for improvement.
Analog Devices, Inc. (ADI) generated $4.56B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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