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Analog Devices, Inc. ADI NDXSPXR3KTECHAI

Technology · Semiconductors · United States
https://www.analog.com
Company Profile ↓
$362.25
+54.49% 1Y
Mkt Cap$176.45B
P/E53.91
P/B5.63
Div. Yield1.17%
52W High$444.13
52W Low$222.42
Book Value$69.27
EPS (TTM)$6.72

Company Overview

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.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 13.9% per year over the last five years.

Healthy Margins

Maintains a net profit margin of 26.0%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.26.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Nov 2025 Revenue of $11.02B (+0.0% YoY); net profit $2.27B.
  • Trailing 12 Months Year-on-year growth — revenue +37.2%, earnings +110.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 8.2%, profit CAGR 13.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:8.20%
1 Year:37.20%

Compounded Profit Growth

5 Years:13.91%
1 Year:110.50%

Stock Price Performance

1 Year:+54.49%
6 Months:+15.37%
3 Months:-9.48%
1 Month:-3.70%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Semiconductor / Analog & Edge AI

Analog Devices' high-performance analog, data-converter and power chips are essential building blocks in AI data centres, automotive and industrial systems.

Core Focus

Signal-chain and power semiconductors that bridge the physical and digital worlds, with growing content in AI infrastructure and the intelligent edge.

Key Initiatives
  • Power & signal chain for AI data centres ADI's power-management and high-speed converters support the dense power delivery and signal integrity AI servers require.
  • Edge AI & sensing Precision sensing and processing chips enable AI at the industrial and automotive edge.
  • Automotive & industrial content Rising semiconductor content in EVs, factories and instrumentation broadens ADI's served market.
Why Investors Should Care
  • High-quality analog franchise with strong margins (net ~26%) and a wide moat.
  • Diversified across data centre, automotive and industrial AI end-markets.
  • Strong cash generation funds dividends and buybacks; cyclical recovery (~37% recent growth) underway.
  • Industrial/auto-cycle sensitivity and valuation (P/E ~62 on recovering earnings) are risks.
AI InvestmentAI exposure is embedded in ADI's broad analog/power R&D rather than a discrete AI program; data-centre power and edge sensing are growing investment priorities.
AI RevenueAI-specific revenue is not separately disclosed; AI demand is captured within data-centre and communications revenue, a growing slice of the mix.
ROI (Now)Indirect but real — AI-data-centre power and signal-chain content is contributing to the current cyclical recovery.
ROI (Expected)Rising power and signal-chain content per AI server should lift data-centre revenue as the build-out continues.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

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Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 26.0%.
  • Profit CAGR of 13.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 53.9.

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

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Valuation

Stock P/E
53.91
Industry PE
32.42
Forward P/E
24.05
PEG Ratio
0.69
Book Value
$69.27
Price to Book
5.63
P/S
14.91
EV/EBITDA
31.74
Dividend Yield
1.17%

Growth (CAGR)

Revenue 5Y
8.20%
Profit 5Y
13.91%
Revenue (YoY)
37.20%
Earnings (YoY)
110.50%

Profitability & Returns

ROCE
6.55%
ROE
9.64%
ROA
5.49%
Profit Margin
26.01%
Op Margin
38.08%
Gross Margin
64.49%
EPS (Latest Qtr)
$2.40
EPS (TTM)
$6.72

Balance Sheet & Liquidity

Debt/Equity
0.26
Quick Ratio
1.23
Current Ratio
1.75
Debt
$8.71B
Total Assets
$47.95B
Current Assets
$7.81B
Working Capital
$3.86B

Ownership

Promoter Holding
0.24%
Chg in Prom Hold
0.00%
FII / Inst Holding
93.73%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$176.45B
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%

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. NDXSPXR3KTECHAI 362.25 53.91 $176.45B 1.17% 6.55% 9.64% 8.20% 13.91%
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 230.36 35.28 $5.58T 0.46% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 319.97 36.69 $4.67T 0.35% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 499.70 27.85 $3.71T 0.73% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 426.34 37.46 $2.21T 0.91% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 357.90 59.55 $1.70T 0.62% 16.70% 37.28% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 1,016.59 22.97 $1.15T 0.06% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 477.57 122.14 $779.62B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,714.88 58.49 $658.69B 0.53% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

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 2.46B2.58B2.01B2.76B2.99B2.70B2.63B2.86B3.44B3.42B5.25B6.22B5.99B5.60B-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

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 % 61.2%61.1%55.5%65.2%66.4%64.5%64.3%63.9%65.8%65.1%60.4%68.3%67.0%65.9%-62.7%64.0%57.1%57.1%61.5%61.5%
Operating Margin % 23.1%24.2%14.1%32.6%35.8%30.5%28.6%26.3%24.2%30.0%22.2%30.5%28.6%26.7%-29.6%32.4%22.0%21.6%27.2%26.6%
Net Margin % --12.3%25.8%29.0%24.1%25.6%22.0%20.3%25.2%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
93.73%
Public Float
93.96%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.67% 46.86M $16.95B
2 Vanguard Capital Management LLC 6.57% 31.85M $11.52B
3 State Street Corporation 4.88% 23.66M $8.56B
4 Invesco Ltd. 3.51% 17.01M $6.16B
5 JPMORGAN CHASE & CO 3.49% 16.89M $6.11B
6 Vanguard Portfolio Management LLC 3.02% 14.66M $5.30B
7 Geode Capital Management, LLC 2.56% 12.42M $4.49B
8 Bank of America Corporation 1.86% 9.00M $3.25B
9 Van Eck Associates Corporation 1.74% 8.42M $3.05B
10 Morgan Stanley 1.70% 8.25M $2.99B

Analyst View

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Latest News

Recent headlines for ADI

Yahoo Finance Mon, 07 Sep 2026

ADI Declines 5.6% in a Month: Time to Buy, Sell or Hold the Stock?

Analog Devices' AI data center and industrial strength are boosting growth and margins, despite intense competition and a premium valuation.

Yahoo Finance Fri, 04 Sep 2026

Is Analog Devices (ADI) Outperforming Other Computer and Technology Stocks This Year?

Here is how Analog Devices (ADI) and ASM International NV (ASMIY) have performed compared to their sector so far this year.

Yahoo Finance Wed, 02 Sep 2026

Is Analog Devices Stock Outperforming the Nasdaq?

Analog Devices has outperformed the Nasdaq over the past year, and analysts are highly optimistic about the stock’s prospects.

Yahoo Finance Wed, 02 Sep 2026

Analog Devices to Participate in the J.P. Morgan U.S. All Stars Conference

Analog Devices, Inc. (NASDAQ: ADI) today announced that the Company's Chief Financial Officer, Richard Puccio, will discuss business topics and trends at the J.P. Morgan U.S. All Stars Conference, located in London, England, on Tuesday, Sep…

Yahoo Finance ue, 01 Sep 2026

Wall Street Analysts Believe Analog Devices (ADI) Could Rally 27.95%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 28% in Analog Devices (ADI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisi…

Yahoo Finance Mon, 31 Aug 2026

Scale and Longevity of Earnings Inflection Create Compelling Entry Point in Analog Devices (ADI)

MD Sass, a boutique asset management firm, published its second-quarter investor update for its flagship, the “MD Sass Concentrated Value Strategy.” The letter can be downloaded here. In the first half of 2026, AI infrastructure stocks led …

ADI — Frequently Asked Questions

What is the current share price of Analog Devices, Inc. (ADI)?

As of 2026-09-07 16:24 PDT, Analog Devices, Inc. (ADI) trades at $362.25 on NasdaqGS. Its 52-week range is $222.42 to $444.13.

What is the market capitalisation of ADI?

Analog Devices, Inc. (ADI) has a market capitalisation of $176.45B on NasdaqGS.

What is the P/E ratio of ADI?

ADI trades at a trailing price-to-earnings (P/E) ratio of 53.91. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 5.63.

Does ADI pay a dividend?

Analog Devices, Inc. (ADI) currently offers a dividend yield of 1.17%.

What is the return on equity (ROE) of ADI?

ADI has a return on equity (ROE) of 9.64%. Its return on capital employed (ROCE) is 6.55%.

Is ADI a good stock to buy?

This page provides a data-driven analysis of Analog Devices, Inc. (ADI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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