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Analog Devices, Inc. ADI NDXSPX

Technology · Semiconductors · United States
https://www.analog.com

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.

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$413.85
+96.36% 1Y

Market & Price

Market Cap
$201.58B
Current Price
$413.85
High / Low (52W)
$432.39 / $210.76
Beta
1.19

Valuation

Stock P/E
61.77
Industry PE
32.74
Forward P/E
28.01
PEG Ratio
0.91
Book Value
$69.27
Price to Book
5.97
P/S
15.82
EV/EBITDA
33.64
Dividend Yield
1.06%

Profitability & Returns

ROCE
6.77%
ROE
9.64%
ROA
5.49%
Profit Margin
26.01%
Op Margin
38.08%
EPS (Latest Qtr)
$2.40
EPS (TTM)
$6.70

Balance Sheet & Liquidity

Debt/Equity
0.26
Quick Ratio
1.23
Current Ratio
1.75
Debt
$8.71B
Total Assets
$47.99B
Current Assets
$7.11B
Working Capital
$3.86B

Ownership

Promoter Holding
0.24%
Chg in Prom Hold
-
FII / Inst Holding
93.54%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$206.85B
Total Revenue (TTM)
$12.74B
EBITDA
$6.15B
Free Cash Flow
$3.87B
Operating Cash Flow
$5.11B
Shares Outstanding
487.09M
Gross Margin
64.49%
Payout Ratio
60.57%

Growth (CAGR)

Revenue 5Y
-2.84%
Profit 5Y
-6.21%
Revenue (YoY)
37.20%
Earnings (YoY)
110.50%

PROS

  • Excellent profit margin of 26.0%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 61.8.
  • Revenue declined at -2.8% CAGR over 5 years.
  • Earnings shrank at -6.2% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ADI Analog Devices, Inc. NDXSPX 413.85 61.77 $201.58B 1.06% 6.77% 9.64% -2.84% -6.21%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Feb 2018May 2018Aug 2018Nov 2018Feb 2019May 2019Aug 2019Nov 2019Feb 2020May 2020Aug 2020Jan 2021May 2021Jul 2021Jan 2022Apr 2022Jul 2022Jan 2023Apr 2023Jul 2023Feb 2024May 2024Aug 2024Oct 2024Jan 2025Feb 2025Apr 2025May 2025Jul 2025Aug 2025Oct 2025Jan 2026Apr 2026May 2026
Revenue ------1.57B1.56B1.56B1.54B1.54B1.53B1.48B1.44B1.30B1.32B1.46B1.56B1.66B1.76B2.68B2.97B3.11B3.25B3.26B3.08B2.51B2.16B2.31B--2.42B2.64B2.64B2.88B2.88B3.08B3.16B3.62B3.62B
Cost of Revenue --------------------------------1.03B-1.09B-1.13B1.12B1.18B-
Gross Profit 572.29M666.69M648.50M640.44M766.62M1.01B1.07B1.07B1.06B1.05B1.04B1.03B997.81M942.19M848.14M846.67M972.58M1.05B1.14B1.22B1.40B1.94B2.04B2.12B2.14B1.96B1.47B1.18B1.31B--1.43B1.61B1.61B1.79B1.79B1.94B2.04B2.44B2.44B
Operating Expenses --------------------------------931.92M-967.37M-996.61M999.97M1.06B-
Operating Income 268.71M356.98M266.27M145.84M194.82M448.21M442.11M502.82M489.21M465.45M455.83M469.69M446.73M338.36M273.43M344.02M419.12M463.86M519.69M609.65M364.76M918.16M893.31M1.13B1.13B929.49M585.96M386.12M491.32M--491.31M679.69M677.94M822.38M818.03M945.21M1.05B1.38B1.38B
EBITDA --------------------------------1.20B-1.33B-1.47B1.52B1.90B-
Interest Expense --------------------------------74.70M-79.59M-88.16M86.34M87.62M-
Pretax Income --------------------------------625.93M-763.41M-887.20M945.87M1.32B-
Tax Provision --------------------------------56.16M-244.89M-99.46M115.05M148.48M-
Net Income 230.43M-217.13M93.56M68.92M-293.24M400.33M408.56M-355.01M367.94M362.37M-203.87M267.70M362.67M388.52M422.90M503.31M280.08M783.27M748.99M961.47M977.66M877.02M462.73M302.24M392.23M--391.32M569.77M569.77M518.52M518.52M787.74M830.83M1.18B1.18B
Diluted EPS 0.740.950.690.270.180.930.781.061.081.080.950.980.970.740.550.720.971.041.141.350.531.491.441.881.921.740.930.610.79--0.781.141.141.041.041.601.692.402.40
R&D Expense 163.23M172.93M183.95M235.23M275.67M273.75M288.51M289.38M291.55M295.61M287.38M285.85M280.10M277.02M257.07M252.41M260.79M288.15M302.24M306.62M426.78M420.90M431.83M414.10M415.75M423.75M391.43M354.86M362.67M--402.89M-441.84M-454.25M-467.40M-509.32M

Profit & Loss (Annual)

Figures in USD.

Metric Nov 2007Nov 2008Oct 2009Oct 2010Oct 2011Nov 2012Nov 2013Nov 2014Oct 2015Oct 2016Oct 2017Nov 2018Nov 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Nov 2024Oct 2025Nov 2025
Revenue ----------5.25B6.22B5.99B5.60B-12.01B12.31B9.43B9.43B11.02B11.02B
Cost of Revenue ---------------4.48B4.43B4.05B-4.25B-
Gross Profit 1.51B1.58B1.12B1.80B1.99B1.74B1.69B1.83B2.26B2.23B3.17B4.25B4.01B3.69B-7.53B7.88B5.38B5.38B6.77B6.77B
Operating Expenses ---------------3.98B3.89B3.31B-3.77B-
Operating Income 568.72M625.02M284.82M900.07M1.07B824.05M753.08M752.48M830.84M1.03B1.16B1.90B1.71B1.50B-3.55B3.98B2.07B2.03B3.00B2.93B
EBITDA ---------------5.60B6.17B4.20B-5.03B-
Interest Expense ---------------200.41M264.64M322.23M-317.72M-
Pretax Income ---------------3.10B3.61B1.78B-2.71B-
Tax Provision ---------------350.19M293.42M142.07M-444.77M-
Net Income --247.77M712.08M867.39M651.24M673.49M629.32M696.88M861.66M805.38M1.51B1.36B1.22B-2.75B3.31B1.64B1.64B2.27B2.27B
Diluted EPS 1.502.650.852.332.812.132.14------3.28-5.256.553.283.284.564.56
R&D Expense 509.55M533.48M446.98M492.31M505.57M511.83M513.03M559.69M637.46M653.82M968.13M1.17B1.13B1.05B1.30B1.70B1.66B-1.49B-1.77B

Compounded Sales Growth

5 Years:-2.84%
1 Year:37.20%

Compounded Profit Growth

5 Years:-6.21%
1 Year:110.50%

Stock Price Performance

1 Year:+96.36%
6 Months:+65.31%
3 Months:+16.68%
1 Month:+6.30%

Balance Sheet (Annual)

Figures in USD.

Metric Oct 2006Nov 2007Nov 2008Oct 2009Oct 2010Oct 2011Nov 2012Nov 2013Nov 2014Oct 2015Oct 2016Oct 2017Nov 2018Nov 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Nov 2024Oct 2025Nov 2025
Total Assets --3.09B3.37B4.33B5.28B5.62B6.38B6.86B7.06B7.97B21.14B20.44B21.39B21.47B-50.30B48.79B48.23B48.23B47.99B47.99B
Current Assets ----------------4.94B4.38B5.48B-7.11B-
Cash & Equivalents 343.95M424.97M593.60M1.07B1.41B1.41B528.83M392.09M569.23M884.35M921.13M1.05B816.59M648.32M1.06B-1.47B958.06M1.99B1.99B2.50B2.50B
Inventory ----------------1.40B1.64B1.45B-1.66B-
Receivables ----------------1.80B1.47B1.34B-1.44B-
Total Liabilities ----------------13.84B13.23B13.05B-14.18B-
Current Liabilities --569.06M386.61M643.47M525.00M525.08M570.51M709.06M1.11B782.93M1.60B1.05B1.51B1.36B-2.44B3.20B2.99B2.99B3.25B3.25B
Long Term Debt ----------------6.55B5.90B6.63B6.63B8.15B8.15B
Total Debt ----------------6.60B7.01B7.65B-8.66B-
Total Equity --2.42B2.53B3.20B3.80B4.17B4.74B4.76B5.07B5.17B10.16B11.27B11.71B12.00B-36.47B35.57B35.18B35.18B33.82B33.82B
Shares Outstanding ----------------509.30M496.26M496.30M-489.65M-

Cash Flows (Annual)

Figures in USD.

Metric Nov 2007Nov 2008Oct 2009Oct 2010Oct 2011Nov 2012Nov 2013Nov 2014Oct 2015Oct 2016Oct 2017Nov 2018Nov 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Nov 2024Oct 2025Nov 2025
Operating Cash Flow 820.37M669.37M432.15M991.17M900.53M814.54M912.35M871.60M907.80M1.29B1.15B2.44B2.25B2.01B-4.48B4.82B3.85B3.85B4.81B4.81B
Investing Cash Flow 984.59M188.36M-534.73M-485.82M-703.74M-1.34B-949.93M-114.75M-17.12M-1.22B-6.62B-314.00M-293.19M-180.52M--657.37M-1.27B-1.10B-1.10B-1.32B-1.32B
Financing Cash Flow -1.73B-680.01M146.00M-72.64M138.61M-349.63M-100.56M-576.61M-571.60M-33.37M5.59B-2.36B-2.13B-1.42B--4.29B-4.06B-1.71B-1.71B-2.98B-2.98B
Capital Expenditure -141.81M-157.41M-56.09M-111.56M-123.00M-132.18M-123.07M-177.91M-153.96M-127.40M-204.10M-254.88M-275.37M-165.69M--699.31M-1.26B-730.46M-730.46M-533.55M-533.55M
Free Cash Flow 678.55M511.96M376.05M879.62M777.53M682.37M789.27M693.69M753.84M1.16B950.27M2.19B1.98B1.84B-3.78B3.56B3.12B3.12B4.28B4.28B
Net Change in Cash ----------------472.69M-512.51M1.03B-508.06M-
Share Buybacks 1.65B569.85M3.76M39.85M330.49M161.05M60.53M356.35M226.95M370.06M46.53M225.98M613.00M244.49M2.61B2.58B2.96B-615.59M-2.16B

Ratios (Annual)

Figures in %.

Metric Nov 2007Nov 2008Oct 2009Oct 2010Oct 2011Nov 2012Nov 2013Nov 2014Oct 2015Oct 2016Oct 2017Nov 2018Nov 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Nov 2024Oct 2025Nov 2025
Gross Margin % ----------60.4%68.3%67.0%65.9%-62.7%64.0%57.1%57.1%61.5%61.5%
Operating Margin % ----------22.2%30.5%28.6%26.7%-29.6%32.4%22.0%21.6%27.2%26.6%
Net Margin % ----------15.4%24.2%22.8%21.8%-22.9%26.9%17.3%17.3%20.6%20.6%
ROE % --9.8%22.3%22.9%15.6%14.2%13.2%13.7%16.7%7.9%13.4%11.6%10.2%-7.5%9.3%4.6%4.6%6.7%6.7%
ROCE % -24.8%9.5%24.4%22.6%16.2%13.0%12.2%14.0%14.3%5.9%9.8%8.6%7.5%-7.4%8.7%4.6%4.5%6.7%6.6%

Shareholding Pattern

Insiders
0.24%
Institutions
93.54%
Public Float
93.77%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.85% 43.11M $17.84B
2 Vanguard Capital Management LLC 6.52% 31.74M $13.14B
3 State Street Corporation 4.73% 23.06M $9.54B
4 JPMORGAN CHASE & CO 4.26% 20.73M $8.58B
5 Vanguard Portfolio Management LLC 2.94% 14.34M $5.94B
6 Geode Capital Management, LLC 2.50% 12.17M $5.04B
7 Bank of America Corporation 2.10% 10.22M $4.23B
8 Wells Fargo & Company 1.72% 8.37M $3.46B
9 Morgan Stanley 1.70% 8.26M $3.42B
10 Price (T.Rowe) Associates Inc 1.66% 8.07M $3.34B

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