Analog Devices Inc (ADI)

Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. It 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 consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. The company also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical 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, it provides digital signal processing and system products for numeric calculations. The company serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. The company was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.

Symbol
ADI
Exchange
Nasdaq
Sector
Technology
Industry
Semiconductors
Market cap
$202.14B
52 week range
223.47 - 445.91

Valuation

Share price
$417.15 (close of 2026-10-02)
P/E (TTM)
49.25x
Price to book
6.02x
Price to free cash flow
40.94x
Enterprise value
$209.09B
Book value per share
$69.24

Price performance

PeriodChange
1 day+3.10%
5 days+5.98%
1 month+17.27%
3 months+10.60%
6 months+31.04%
Year to date+53.82%
1 year+72.61%
3 years+137.79%
5 years+149.24%
10 years+547.25%
All time+57043.84%

Members of Congress who disclosed ADI trades

Richard McCormick · Thomas Kean · Jefferson Shreve · Julie Johnson · Shelley Moore Capito · Alan Armstrong · Dan Newhouse · Jared Moskowitz · Josh Gottheimer · Robert Bresnahan · Sheldon Whitehouse

Super investors holding ADI

First Pacific Advisors (First Pacific Advisors, LP) · AKO Capital (AKO Capital LLP) · Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · Sarah Ketterer (Causeway Capital Management LLC) · Francois Rochon (Giverny Capital Inc) · William Von Mueffling (Cantillon Capital Management LLC) · Wallace Weitz (Weitz Investment Management) · Dodge & Cox (Dodge & Cox Funds) · Lee Ainslie (Maverick Capital LTD) · Glenn Greenberg (Brave Warrior Advisors, LLC) · Mairs & Power (Mairs & Power Inc)

Profitability and growth

Return on equity
6.70%
Return on invested capital
6.41%
Return on assets
4.72%
Return on capital employed
6.55%
Gross margin
61.47%
Net margin
20.58%
EBITDA margin
30.30%
Revenue growth
16.89%
Net income growth
38.65%
Free cash flow growth
37.05%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.44%
Current ratio
1.25x
Net debt to EBITDA
0.99x

Latest reported year

Period end
2025-11-01
Fiscal year
2025
Revenue
$11.02B
Cost of revenue
$4.25B
Gross profit
$6.77B
EBITDA
$3.34B
Net income
$2.27B
Earnings per share
$4.59
Research and development
$1.77B
Shares outstanding
494.38M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-11-01$11.02B$6.77B$2.27B$4.59
2024-11-02$9.43B$5.38B$1.64B$3.30
2023-10-28$12.31B$7.88B$3.31B$6.60
2022-10-29$12.01B$7.53B$2.75B$5.29
2021-10-30$7.32B$4.53B$1.39B$3.50
2020-10-31$5.60B$3.69B$1.22B$3.31
2019-11-02$5.99B$4.01B$1.36B$3.69
2018-11-03$6.22B$4.25B$1.51B$4.07
2017-10-28$5.25B$3.17B$805.38M$2.33
2016-10-29$3.42B$2.23B$861.66M$2.79

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-11-0161.47%20.58%6.70%6.41%
2024-11-0257.08%17.35%4.65%4.67%
2023-10-2864.01%26.94%9.32%8.48%
2022-10-2962.70%22.88%7.54%7.04%
2021-10-3061.83%19.00%3.66%4.59%
2020-10-3165.87%21.79%10.17%12.49%
2019-11-0267.00%22.75%11.64%14.36%
2018-11-0368.28%24.21%13.37%16.65%
2017-10-2860.39%15.35%7.93%11.34%
2016-10-2965.10%25.18%16.68%82.23%

Cash and debt by year

Period endCashDebt
2025-11-01$3.65B$8.15B
2024-11-02$2.36B$6.63B
2023-10-28$958.06M$5.90B
2022-10-29$1.47B$6.55B
2021-10-30$1.98B-
2020-10-31$1.06B-
2019-11-02$648.32M-
2018-11-03$816.59M-
2017-10-28$1.05B-
2016-10-29$4.03B-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-11-01$4.28B$321.56M
2024-11-02$3.12B$262.71M
2023-10-28$3.56B$299.82M
2022-10-29$3.78B$323.49M
2021-10-30$2.39B$243.61M
2020-10-31$1.84B$149.52M
2019-11-02$1.98B$150.30M
2018-11-03$2.19B$151.16M
2017-10-28$950.27M$104.19M
2016-10-29$1.16B$63.42M

Dividend history

Most recent payment
2026-09-01
Paid in the last twelve months
$4.29
Payment dateDividend per share
2026-09-01$1.10
2026-06-02$1.10
2026-03-03$1.10
2025-12-08$0.99
2025-09-02$0.99
2025-06-04$0.99
2025-03-04$0.99
2024-12-09$0.92

Investor relations

Next earnings report

Next confirmed report
2026-11-24
Consensus EPS estimate
$3.87

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-19Jul/2026$3.33
2026-05-20Apr/2026$2.89
2026-02-18Jan/2026$2.30
2025-11-25Oct/2025$2.22
2025-08-20Jul/2025$1.93
2025-05-22Apr/2025$1.69
2025-02-19Jan/2025$1.54
2024-11-26Oct/2024$1.64

Filings and sources

Company website
analog.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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