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ADI · Nasdaq · United States · Semiconductors & Related Devices
In shortANALOG DEVICES INC is profitable, generates cash and carries moderate debt, with revenue growing (+16.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 26.6% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 20.6% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 6.6% | 33/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.8% | 39/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.19× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.24× | 98/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.35× | 76/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 9.23× | 74/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.16 | 78/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 38.8% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.89× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 32.6% | 0/100 |
| Operating margin volatility | 3.7% | 75/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -2.8% | 1/100 |
|---|---|---|
| EPS growth, 3-year average | -4.6% | 2/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 7,318 | 12,014 | 12,306 | 9,427 | 11,020 |
| Cost of revenue | 2,793 | 4,481 | 4,428 | 4,046 | 4,246 |
| Gross profit | 4,525 | 7,532 | 7,877 | 5,381 | 6,773 |
| Research & development | 1,296 | 1,701 | 1,660 | 1,488 | 1,766 |
| Selling, general & admin | 915 | 1,266 | 1,274 | 1,069 | 1,255 |
| Operating income | 1,692 | 3,279 | 3,823 | 2,033 | 2,932 |
| Interest expense | 185 | 200 | 265 | 322 | 318 |
| Pre-tax income | 1,329 | 3,099 | 3,608 | 1,777 | 2,712 |
| Income tax | (62) | 350 | 293 | 142 | 445 |
| Net income | 1,390 | 2,749 | 3,315 | 1,635 | 2,267 |
| Diluted EPS | $3.46 | $5.25 | $6.55 | $3.28 | $4.56 |
| Diluted shares (millions) | 401 | 523 | 506 | 499 | 497 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of ANALOG DEVICES INC are included in the Investor plan. Try free for 7 days →
4.16 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 1, 2026 · Data updated Aug 19, 2026