Analog Devices Financials
Analog Devices (ADI) reported $11.0B in revenue for fiscal year 2025, up 16.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business converts a cyclical revenue rebound into cash through operating leverage, restrained capital spending, and shareholder distributions despite higher leverage.
FY2025's cash conversion is more than an earnings story: operating cash flow reached$4.8B , or 2.1x net income, while capex fell to$534M . That combination lifted FCF margin to38.8% from33.1% in FY2024, indicating lower reinvestment intensity amplified the recovery.
Revenue recovered to
Liquidity strengthened alongside a more leveraged posture: the current ratio reached 2.2x in FY2025, giving short-term assets broader coverage over obligations. Yet total liabilities rose to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Analog Devices's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Analog Devices has an operating margin of 26.6%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 91/100, reflecting efficient cost management and pricing power. This is up from 21.6% the prior year.
Analog Devices's revenue surged 16.9% year-over-year to $11.0B, reflecting rapid business expansion. This strong growth earns a score of 17/100.
Analog Devices has a moderate D/E ratio of 0.24. This balance of debt and equity financing earns a leverage score of 43/100.
Analog Devices's current ratio of 2.19 indicates adequate short-term liquidity, earning a score of 62/100. The company can meet its near-term obligations, though with limited headroom.
Analog Devices converts 38.8% of revenue into free cash flow ($4.3B). This strong cash generation earns a score of 96/100.
Analog Devices's ROE of 6.7% shows moderate profitability relative to equity, earning a score of 59/100. This is up from 4.7% the prior year.
Analog Devices scores 8.53, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($181.8B) relative to total liabilities ($14.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Analog Devices passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Analog Devices generates $2.12 in operating cash flow ($4.8B OCF vs $2.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Analog Devices earns $9.23 in operating income for every $1 of interest expense ($2.9B vs $317.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Analog Devices generated $11.0B in revenue in fiscal year 2025. This represents an increase of 16.9% from the prior year.
Analog Devices's EBITDA was $4.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 19.2% from the prior year.
Analog Devices reported $2.3B in net income in fiscal year 2025. This represents an increase of 38.7% from the prior year.
Analog Devices earned $4.56 per diluted share (EPS) in fiscal year 2025. This represents an increase of 39.0% from the prior year.
Cash & Balance Sheet
Analog Devices generated $4.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 37.0% from the prior year.
Analog Devices held $2.5B in cash against $8.1B in long-term debt as of fiscal year 2025.
Analog Devices paid $3.89 per share in dividends in fiscal year 2025. This represents an increase of 7.5% from the prior year.
Margins & Returns
Analog Devices's gross margin was 61.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.4 percentage points from the prior year.
Analog Devices's operating margin was 26.6% in fiscal year 2025, reflecting core business profitability. This is up 5.0 percentage points from the prior year.
Analog Devices's net profit margin was 20.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.2 percentage points from the prior year.
Analog Devices's ROE was 6.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.
Capital Allocation
Analog Devices invested $1.8B in research and development in fiscal year 2025. This represents an increase of 18.7% from the prior year.
Analog Devices spent $2.2B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 251.6% from the prior year.
Analog Devices invested $533.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 27.0% from the prior year.
ADI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.1B | $11.0B+16.9% | $9.4B-23.4% | $12.3B+2.4% | $12.0B+64.2% | $7.3B+30.6% | $5.6B-6.5% | $6.0B-3.4% | $6.2B+21.4% | $5.1B+49.3% | $3.4B-0.4% | $3.4B+19.9% | $2.9B+8.8% | $2.6B-2.5% | $2.7B-9.8% | $3.0B |
| Cost of Revenue | $4.6B | $4.2B+5.0% | $4.0B-8.6% | $4.4B-1.2% | $4.5B+60.4% | $2.8B+46.0% | $1.9B-3.3% | $2.0B+0.2% | $2.0B-5.0% | $2.1B+74.0% | $1.2B+1.6% | $1.2B+13.7% | $1.0B+9.9% | $941.3M-2.0% | $960.1M-4.6% | $1.0B |
| Gross Profit | $8.5B | $6.8B+25.9% | $5.4B-31.7% | $7.9B+4.6% | $7.5B+66.5% | $4.5B+22.6% | $3.7B-8.1% | $4.0B-5.6% | $4.3B+34.2% | $3.2B+42.3% | $2.2B-1.4% | $2.3B+23.4% | $1.8B+8.1% | $1.7B-2.8% | $1.7B-12.4% | $2.0B |
| R&D Expenses | $1.9B | $1.8B+18.7% | $1.5B-10.4% | $1.7B-2.4% | $1.7B+31.2% | $1.3B+23.4% | $1.1B-7.1% | $1.1B-3.0% | $1.2B+20.3% | $968.1M+48.1% | $653.8M+2.6% | $637.5M+13.9% | $559.7M+9.1% | $513.0M+0.2% | $511.8M+1.2% | $505.6M |
| SG&A Expenses | $1.4B | $1.3B+17.5% | $1.1B-16.1% | $1.3B+0.6% | $1.3B+38.3% | $915.4M+38.7% | $659.9M+1.8% | $648.1M-6.8% | $695.5M+0.7% | $690.5M+49.6% | $461.4M-3.7% | $479.0M+5.3% | $454.7M+14.7% | $396.2M-0.1% | $396.5M-2.5% | $406.7M |
| Operating Income | $4.4B | $2.9B+44.3% | $2.0B-46.8% | $3.8B+16.6% | $3.3B+93.8% | $1.7B+12.9% | $1.5B-12.4% | $1.7B-9.9% | $1.9B+63.4% | $1.2B+13.1% | $1.0B+23.7% | $830.8M+10.4% | $752.5M-0.1% | $753.1M-8.6% | $824.0M-23.1% | $1.1B |
| Interest Expense | $339.8M | $317.7M-1.4% | $322.2M+21.8% | $264.6M+32.1% | $200.4M+8.4% | $184.8M-4.4% | $193.3M-15.6% | $229.1M-9.7% | $253.6M+1.1% | $250.8M+182.6% | $88.8M+228.4% | $27.0M-22.3% | $34.8M+28.3% | $27.1M+2.6% | $26.4M+38.0% | $19.1M |
| Income Tax | $498.0M | $444.8M+213.1% | $142.1M-51.6% | $293.4M-16.2% | $350.2M+667.5% | -$61.7M-167.9% | $90.9M-26.0% | $122.7M-17.3% | $148.3M+14.7% | $129.4M+35.8% | $95.3M-15.9% | $113.2M+13.2% | $100.0M-29.5% | $141.8M-12.6% | $162.3M-19.1% | $200.6M |
| Net Income | $3.7B | $2.3B+38.7% | $1.6B-50.7% | $3.3B+20.6% | $2.7B+97.7% | $1.4B+13.9% | $1.2B-10.4% | $1.4B-9.6% | $1.5B+87.1% | $805.4M-6.5% | $861.7M+23.6% | $696.9M+10.7% | $629.3M-6.6% | $673.5M+3.4% | $651.2M-24.9% | $867.4M |
| EPS (Diluted) | — | $4.56+39.0% | $3.28-49.9% | $6.55+24.8% | $5.25+51.7% | $3.46+5.5% | $3.28-10.1% | $3.65-8.8% | $4.00+74.7% | $2.29-17.0% | $2.76+25.5% | $2.20+11.1% | $1.98-7.5% | $2.14+0.5% | $2.13-24.2% | $2.81 |
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ADI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $48.0B-0.5% | $48.2B-1.2% | $48.8B-3.0% | $50.3B-3.9% | $52.3B+143.7% | $21.5B+0.4% | $21.4B+4.7% | $20.4B-3.3% | $21.1B+165.3% | $8.0B+12.9% | $7.1B+2.9% | $6.9B+7.5% | $6.4B+13.5% | $5.6B+6.5% | $5.3B |
| Current Assets | $7.1B+29.6% | $5.5B+25.1% | $4.4B-11.2% | $4.9B-8.2% | $5.4B+113.6% | $2.5B+26.8% | $2.0B-6.0% | $2.1B-10.2% | $2.4B-52.7% | $5.0B+21.9% | $4.1B+7.0% | $3.8B-30.3% | $5.5B+16.5% | $4.7B+7.1% | $4.4B |
| Cash & Equivalents | $2.5B+25.5% | $2.0B+107.9% | $958.1M-34.9% | $1.5B-25.7% | $2.0B+87.3% | $1.1B+62.9% | $648.3M-20.6% | $816.6M-22.1% | $1.0B+13.8% | $921.1M+4.2% | $884.4M+55.4% | $569.2M+45.2% | $392.1M-25.9% | $528.8M-62.4% | $1.4B |
| Inventory | $1.7B+14.4% | $1.4B-11.8% | $1.6B+17.3% | $1.4B+16.6% | $1.2B+97.4% | $608.3M-0.3% | $609.9M+3.9% | $586.8M+6.5% | $550.8M+46.3% | $376.6M-8.7% | $412.3M+12.1% | $367.9M+29.9% | $283.3M-9.7% | $313.7M+6.3% | $295.1M |
| Accounts Receivable | $1.4B+7.5% | $1.3B-9.1% | $1.5B-18.4% | $1.8B+23.4% | $1.5B+97.8% | $737.5M+16.1% | $635.1M-0.7% | $639.7M-7.1% | $689.0M+44.3% | $477.6M+2.4% | $466.5M+17.6% | $396.6M+22.0% | $325.1M-4.3% | $339.9M-2.4% | $348.4M |
| Goodwill | $26.9B+0.1% | $26.9B0.0% | $26.9B0.0% | $26.9B0.0% | $26.9B+119.2% | $12.3B+0.2% | $12.3B0.0% | $12.3B+0.3% | $12.2B+627.6% | $1.7B+2.6% | $1.6B-0.4% | $1.6B+478.1% | $284.1M+0.1% | $283.8M+3.2% | $275.1M |
| Total Liabilities | $14.2B+8.6% | $13.1B-1.3% | $13.2B-4.4% | $13.8B-3.4% | $14.3B+51.3% | $9.5B-2.2% | $9.7B+5.6% | $9.2B-16.5% | $11.0B+291.5% | $2.8B+41.2% | $2.0B-5.5% | $2.1B+28.0% | $1.6B+12.9% | $1.5B-1.8% | $1.5B |
| Current Liabilities | $3.2B+8.6% | $3.0B-6.6% | $3.2B+31.0% | $2.4B-11.8% | $2.8B+103.0% | $1.4B-9.5% | $1.5B+43.4% | $1.1B-34.1% | $1.6B+103.9% | $782.9M-29.7% | $1.1B+57.1% | $709.1M+24.3% | $570.5M+8.7% | $525.1M0.0% | $525.0M |
| Long-Term Debt | $8.1B+22.8% | $6.6B+12.4% | $5.9B-9.9% | $6.5B-3.4% | $6.8B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $33.8B-3.9% | $35.2B-1.1% | $35.6B-2.5% | $36.5B-4.0% | $38.0B+216.7% | $12.0B+2.5% | $11.7B+3.9% | $11.3B+10.9% | $10.2B+96.7% | $5.2B+1.8% | $5.1B+6.6% | $4.8B+0.4% | $4.7B+13.8% | $4.2B+9.7% | $3.8B |
| Retained Earnings | $10.5B+3.4% | $10.2B-1.5% | $10.4B+18.8% | $8.7B+16.0% | $7.5B+3.9% | $7.2B+4.9% | $6.9B+15.3% | $6.0B+21.8% | $4.9B+2.6% | $4.8B+7.9% | $4.4B+4.9% | $4.2B+4.3% | $4.1B+7.1% | $3.8B+8.8% | $3.5B |
ADI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.5B | $4.8B+24.9% | $3.9B-20.0% | $4.8B+7.6% | $4.5B+63.6% | $2.7B+36.2% | $2.0B-10.9% | $2.3B-7.7% | $2.4B+111.6% | $1.2B-10.6% | $1.3B+42.3% | $907.8M+4.2% | $871.6M-4.5% | $912.3M+12.0% | $814.5M-9.5% | $900.5M |
| Capital Expenditures | $607.8M | $533.6M-27.0% | $730.5M-42.1% | $1.3B+80.4% | $699.3M+103.5% | $343.7M+107.4% | $165.7M-39.8% | $275.4M+8.0% | $254.9M+24.9% | $204.1M+60.2% | $127.4M-17.3% | $154.0M-13.5% | $177.9M+44.6% | $123.1M-6.9% | $132.2M+7.5% | $123.0M |
| Free Cash Flow | $4.9B | $4.3B+37.0% | $3.1B-12.2% | $3.6B-5.8% | $3.8B+57.9% | $2.4B+29.8% | $1.8B-6.8% | $2.0B-9.6% | $2.2B+130.2% | $950.3M-18.4% | $1.2B+54.4% | $753.8M+8.7% | $693.7M-12.1% | $789.3M+15.7% | $682.4M-12.2% | $777.5M |
| Investing Cash Flow | -$1.1B | -$1.3B-19.6% | -$1.1B+12.8% | -$1.3B-92.6% | -$657.4M-130.7% | $2.1B+1287.4% | -$180.5M+38.4% | -$293.2M+6.6% | -$314.0M+95.3% | -$6.6B-443.2% | -$1.2B-7014.0% | -$17.1M+85.1% | -$114.8M+87.9% | -$949.9M+29.1% | -$1.3B-90.4% | -$703.7M |
| Financing Cash Flow | -$4.6B | -$3.0B-74.0% | -$1.7B+57.8% | -$4.1B+5.3% | -$4.3B-8.4% | -$4.0B-178.7% | -$1.4B+33.2% | -$2.1B+9.8% | -$2.4B-142.2% | $5.6B+16842.0% | -$33.4M+94.2% | -$571.6M+0.9% | -$576.6M-473.4% | -$100.6M+71.2% | -$349.6M-352.2% | $138.6M |
| Dividends Paid | $2.0B | $1.9B+7.2% | $1.8B+6.9% | $1.7B+8.7% | $1.5B+39.2% | $1.1B+25.2% | $886.2M+14.0% | $777.5M+10.5% | $703.3M+16.8% | $602.1M+17.3% | $513.2M+4.5% | $491.1M+8.1% | $454.2M+11.9% | $406.0M+17.8% | $344.7M+22.4% | $281.6M |
| Share Buybacks | $3.1B | $2.2B+251.6% | $615.6M-79.2% | $3.0B+15.0% | $2.6B-1.1% | $2.6B+965.6% | $244.5M-60.1% | $613.0M+171.3% | $226.0M+385.6% | $46.5M-87.4% | $370.1M+63.1% | $227.0M-36.3% | $356.3M+488.7% | $60.5M-62.4% | $161.0M-51.3% | $330.5M |
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ADI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.5%+4.4pp | 57.1%-6.9pp | 64.0%+1.3pp | 62.7%+0.9pp | 61.8%-4.0pp | 65.9%-1.1pp | 67.0%-1.5pp | 68.5%+6.5pp | 62.0%-3.1pp | 65.1%-0.7pp | 65.8%+1.9pp | 63.9%-0.4pp | 64.3%-0.2pp | 64.5%-1.9pp | 66.4% |
| Operating Margin | 26.6%+5.0pp | 21.6%-9.5pp | 31.1%+3.8pp | 27.3%+4.2pp | 23.1%-3.6pp | 26.7%-1.8pp | 28.5%-2.1pp | 30.6%+7.9pp | 22.8%-7.3pp | 30.0%+5.9pp | 24.2%-2.1pp | 26.3%-2.3pp | 28.6%-1.9pp | 30.5%-5.3pp | 35.8% |
| Net Margin | 20.6%+3.2pp | 17.3%-9.6pp | 26.9%+4.1pp | 22.9%+3.9pp | 19.0%-2.8pp | 21.8%-1.0pp | 22.8%-1.5pp | 24.3%+8.5pp | 15.8%-9.4pp | 25.2%+4.9pp | 20.3%-1.7pp | 22.0%-3.6pp | 25.6%+1.5pp | 24.1%-4.9pp | 29.0% |
| Return on Equity | 6.7%+2.1pp | 4.7%-4.7pp | 9.3%+1.8pp | 7.5%+3.9pp | 3.7%-6.5pp | 10.2%-1.5pp | 11.6%-1.7pp | 13.4%+5.4pp | 7.9%-8.8pp | 16.7%+2.9pp | 13.7%+0.5pp | 13.2%-1.0pp | 14.2%-1.4pp | 15.6%-7.2pp | 22.9% |
| Return on Assets | 4.7%+1.3pp | 3.4%-3.4pp | 6.8%+1.3pp | 5.5%+2.8pp | 2.7%-3.0pp | 5.7%-0.7pp | 6.4%-1.0pp | 7.4%+3.6pp | 3.8%-7.0pp | 10.8%+0.9pp | 9.9%+0.7pp | 9.2%-1.4pp | 10.5%-1.0pp | 11.6%-4.8pp | 16.4% |
| Current Ratio | 2.19+0.4x | 1.84+0.5x | 1.37-0.7x | 2.02+0.1x | 1.94+0.1x | 1.84+0.5x | 1.32-0.7x | 2.01+0.5x | 1.47-4.9x | 6.35+2.7x | 3.66-1.7x | 5.38-4.2x | 9.59+0.6x | 8.94+0.6x | 8.35 |
| Debt-to-Equity | 0.24+0.1x | 0.190.0x | 0.170.0x | 0.180.0x | 0.18-0.6x | 0.790.0x | 0.830.0x | 0.81-0.3x | 1.08+0.5x | 0.54+0.2x | 0.39-0.1x | 0.44+0.1x | 0.350.0x | 0.350.0x | 0.39 |
| FCF Margin | 38.8%+5.7pp | 33.1%+4.2pp | 28.9%-2.5pp | 31.4%-1.2pp | 32.7%-0.2pp | 32.9%-0.1pp | 33.0%-2.3pp | 35.3%+16.7pp | 18.6%-15.4pp | 34.0%+12.1pp | 21.9%-2.3pp | 24.2%-5.8pp | 30.0%+4.7pp | 25.3%-0.7pp | 26.0% |
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Where Analog Devices Ranks
Frequently Asked Questions
What is Analog Devices's annual revenue?
Analog Devices (ADI) reported $11.0B in total revenue for fiscal year 2025. This represents a 16.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Analog Devices's revenue growing?
Analog Devices (ADI) revenue grew by 16.9% year-over-year, from $9.4B to $11.0B in fiscal year 2025.
Is Analog Devices profitable?
Yes, Analog Devices (ADI) reported a net income of $2.3B in fiscal year 2025, with a net profit margin of 20.6%.
What is Analog Devices's EBITDA?
Analog Devices (ADI) had EBITDA of $4.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Analog Devices have?
As of fiscal year 2025, Analog Devices (ADI) had $2.5B in cash and equivalents against $8.1B in long-term debt.
What is Analog Devices's gross margin?
Analog Devices (ADI) had a gross margin of 61.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Analog Devices's operating margin?
Analog Devices (ADI) had an operating margin of 26.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Analog Devices's net profit margin?
Analog Devices (ADI) had a net profit margin of 20.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Analog Devices pay dividends?
Yes, Analog Devices (ADI) paid $3.89 per share in dividends during fiscal year 2025.
What is Analog Devices's return on equity (ROE)?
Analog Devices (ADI) has a return on equity of 6.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Analog Devices's free cash flow?
Analog Devices (ADI) generated $4.3B in free cash flow during fiscal year 2025. This represents a 37.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Analog Devices's operating cash flow?
Analog Devices (ADI) generated $4.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Analog Devices's total assets?
Analog Devices (ADI) had $48.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Analog Devices's capital expenditures?
Analog Devices (ADI) invested $533.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Analog Devices spend on research and development?
Analog Devices (ADI) invested $1.8B in research and development during fiscal year 2025.
What is Analog Devices's current ratio?
Analog Devices (ADI) had a current ratio of 2.19 as of fiscal year 2025, which is generally considered healthy.
What is Analog Devices's debt-to-equity ratio?
Analog Devices (ADI) had a debt-to-equity ratio of 0.24 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Analog Devices's return on assets (ROA)?
Analog Devices (ADI) had a return on assets of 4.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Analog Devices's Altman Z-Score?
Analog Devices (ADI) has an Altman Z-Score of 8.53, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Analog Devices's Piotroski F-Score?
Analog Devices (ADI) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Analog Devices's earnings high quality?
Analog Devices (ADI) has an earnings quality ratio of 2.12x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Analog Devices cover its interest payments?
Analog Devices (ADI) has an interest coverage ratio of 9.23x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Analog Devices?
Analog Devices (ADI) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.