ADI logo
Analog Devices Inc.
ADI
378.78 (4.91%) 18.61
Market cap
$183.54(B)
Earnings date
Nov-25-2026
Category
Sector
Information Technology
Industry
Semiconductors and Semiconductor Equipment
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.
EV: $177.54(B)
Total Equity: $33.55(B)
Debt/Equity: 0.27
Dividend/share: $4.3
Div. yield: 1.13%
P/E: 44.72
Forward P/E: 29.50
P/FCF: 37.17
P/S: 13.32
P/B: 5.47
EPS: $8.5
EPS (fwd): $12.8
FCF/share: $10.2
Revenue/share: $28.4
Book value/share: $69.2
ROIC: 5.3%
ROA: 4.7%
ROE: 6.6%
Margins: Gross | Op. | Net
65.8% | 27.2% | 29.8%
0.0%of Portfolio
My holdings
Day change
Total change
PEvaluation
28%
$272
Valuation summary
Min
Max
Average
Median
Valuation comparison
Current price$379
Quality checklist score
5/8
Based on your selected metrics.
Debt/Equity < 1 Current Ratio > 1 Net Margin > 10% Past Net Income CAGR > 0% Est. EPS Growth > 5%
5Y Shares Out Change < 0% ROIC > 10% Quick Ratio > 1

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$13.88(B)
Gross profit$9.13(B)
EBITDA$6.92(B)
Net income$4.13(B)
Gross margin65.8%
Operating margin27.2%
Net margin29.8%
Shares outstanding484.57(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$48.42(B)
Current assets$7.07(B)
Total liabilities$14.87(B)
Current liabilities$5.66(B)
Cash & Short-term inv.$2.32(B)
Long-term debt$6.77(B)
Total intangibles$35.46(B)
PP&E$3.35(B)

Cash flow (TTM)

CFOCFICFF
FCF$4.94(B)
CapEx$-607.83(M)
Dividends paid$-2.04(B)
Stock issued$125.75(M)
Stock repurchased$-3.13(B)
Stock-based comp.$350.10(M)
Debt issued$15.66(B)
Debt repaid$-15.20(B)

Per share data (TTM)

Price
Price
$379
Income
Revenue
$28.413.3x|7.5%
Gross profit
$18.920.1x|5.0%
Earnings (EPS)
$8.4744.7x|2.2%
Cash flow
FCF
$10.237.2x|2.7%
Stock-based comp.
$0.72524.3x|0.2%
CapEx
$1.25302.0x|0.3%
Dividend
$4.2988.3x|1.1%
Balance sheet
Total assets
$99.93.8x|26.4%
Total liabilities
$30.712.3x|8.1%
Book value
$69.25.5x|18.3%
Cash & ST inv.
$4.8078.9x|1.3%
Debt
$14.027.1x|3.7%
Forward earnings
EPS FY+1
$12.829.5x|3.4%
EPS FY+2
$16.323.2x|4.3%
EPS FY+3
$19.219.8x|5.1%
EPS FY+4
$21.717.5x|5.7%
EPS FY+5
$24.915.2x|6.6%
Forward FCF
FCF FY+1
$10.834.9x|2.9%
FCF FY+2
$14.725.7x|3.9%
FCF FY+3
$16.123.6x|4.2%
FCF FY+4
$19.619.3x|5.2%
FCF FY+5
$18.820.2x|5.0%

Summary

ADI Valuation & Price Targets

Favorite Valuation Methods

PEvaluation
Analyst targets
DCF (2-stage)

More Valuation Methods

DCF (simple)
DCF (exit mult.)
DDM
EPS growth
Revenue growth
Peter Lynch FV
Graham No.

PEvaluation

CURRENT PRICE
$379
28% Overvalued
BEAR
BASE
BULL
Fair P/E
Margin of safety
EPS
Market Model
ROICRevenue growthFCF MarginShares outstan...Debt/EquityDebt/EBITDA
Economic moat: Medium

EPS Estimates

LowAvgHigh#
FY+112.312.813.029
FY+214.316.318.030
FY+315.819.227.017
FY+420.921.722.42
FY+523.924.925.82

Analyst Price Targets

CURRENT PRICE
$379
22% Undervalued
BEAR
BASE
BULL

Analyst Recommendations

Strong Buy7
Buy24
Hold3
Sell0
Strong Sell0

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
Low
Mid
High
Terminal Growth Rate
Low
Mid
High
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Low
Mid
High
Final Growth Rate
Low
Mid
High
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
Low
Mid
High
Final P/E
Low
Mid
High
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
Low
Mid
High
Final Net Margin
Low
Mid
High
Final P/E Ratio
Low
Mid
High
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate
Low
Mid
High

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Low
Mid
High
Government Bond Rate

Growth Estimates

Revenue

CAGR12.1%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$13.88(B)
FY+1
28
9%
$15.09(B)
FY+2
30
20%
$18.18(B)
FY+3
19
12%
$20.29(B)
FY+4
3
9%
$22.10(B)
FY+5
3
11%
$24.57(B)

Net Income

CAGR24.1%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$4.13(B)
FY+1
22
53%
$6.31(B)
FY+2
24
26%
$7.98(B)
FY+3
12
10%
$8.81(B)
FY+4
1
21%
$10.65(B)
FY+5
1
14%
$12.19(B)

EPS

CAGR24.0%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$8.47
FY+1
29
52%
$12.84
FY+2
30
27%
$16.34
FY+3
17
17%
$19.17
FY+4
2
13%
$21.67
FY+5
2
15%
$24.86

FCF per share

CAGR13.0%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$10.19
FY+1
14
6%
$10.84
FY+2
15
36%
$14.74
FY+3
8
9%
$16.06
FY+4
3
22%
$19.62
FY+5
2
4%
$18.80

Historical Financials (in USD)

Income(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.02.0(B)4.0(B)6.0(B)8.0(B)10.0(B)12.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomeOther Non-operating IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.01.0(B)2.0(B)3.0(B)4.0(B)
Stock-based Comp. FCFCFONet IncomeD&AChange in Working CapitalCFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.010.0(B)20.0(B)30.0(B)40.0(B)50.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.02.04.06.08.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.010.020.030.040.050.0
P/E P/S EV/EarningsP/FCFP/BDebt/EquityPayout ratio
Margins(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0%10%20%30%40%50%60%
Net Income Margin Operating Margin Gross MarginEBITDA Margin
Returns(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0%2%4%6%8%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.0100.0(M)200.0(M)300.0(M)400.0(M)500.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q4'20 (TTM)Q4'21 (TTM)Q4'22 (TTM)Q4'23 (TTM)Q4'24 (TTM)Q4'25 (TTM)0.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)
Market Cap.

KPIs

Revenue By Segment(show more...)
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Communications Consumer Industrial Automotive

ADI vs Peers

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.24%
Institutions: 93.73%
Other: 6.03%

Institutional ownership

9.67% Blackrock Inc.6.57% Vanguard Capital Manag...4.88% State Street Corporati...3.51% Invesco Ltd.3.49% JPMORGAN CHASE & CO3.02% Vanguard Portfolio Man...2.56% Geode Capital Manageme...1.86% Bank of America Corpor...1.74% Van Eck Associates Cor...1.70% Morgan Stanley54.73% Others

Trading Summary

In the past year, insiders have sold a net of $98.51(M).

Total insider buys: $0.00
Total insider sells: $98.51(M)

In the past year, Congress members have sold a net of $32501.

Total congressional buys (avg): $32002
Total congressional sells (avg): $64503

Based on the reported ranges: buys $4004–$60000, sells $19005–$110000.

Insider transactions

$0.002026-10$0.00
$0.002026-09$0.00
$5.71(M)2026-08$0.00
$4.29(M)2026-07$0.00
$12.38(M)2026-06$0.00
$28.34(M)2026-05$0.00
$3.18(M)2026-04$0.00
$5.50(M)2026-03$0.00
$6.58(M)2026-02$0.00
$7.68(M)2026-01$0.00
$9.76(M)2025-12$0.00
$3.80(M)2025-11$0.00
$4.19(M)2025-10$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2026-08-262,6831,004,944374.6PUCCIO RICHARD C. JR.Chief Financial Officer
Sell2026-08-052,8321,070,397378.0STATA RAYMOND SDirector
Sell2026-08-0310,0003,630,000363.0ROCHE VINCENT TChief Executive Officer
Grant2026-08-0310,0001,080,800108.1ROCHE VINCENT TChief Executive Officer
Sell2026-07-131,000389,830389.8GOLZ KAREN M.Director
Sell2026-07-0110,0003,897,500389.8ROCHE VINCENT TChief Executive Officer
Grant2026-07-0110,0001,080,800108.1ROCHE VINCENT TChief Executive Officer
Sell2026-06-121,000411,950411.9GOLZ KAREN M.Director
Sell2026-06-091,432573,982400.8STATA RAYMOND SDirector
Sell2026-06-0217,5947,354,292418.0COTTER MARTINOfficer
Grant2026-06-0217,5941,468,74783.5COTTER MARTINOfficer
Sell2026-06-0110,0004,042,500404.3ROCHE VINCENT TChief Executive Officer
Grant2026-06-0110,0001,080,800108.1ROCHE VINCENT TChief Executive Officer
Sell2026-05-2660,00024,358,406406.0ROCHE VINCENT TChief Executive Officer
Grant2026-05-2660,0008,643,600144.1ROCHE VINCENT TChief Executive Officer
Sell2026-05-0110,0003,979,100397.9ROCHE VINCENT TChief Executive Officer
Grant2026-05-0110,000944,10094.4ROCHE VINCENT TChief Executive Officer
Grant2026-04-0719,71200.0ROCHE VINCENT TChief Executive Officer
Grant2026-04-076,73400.0JAIN VIVEKOfficer
Grant2026-04-076,51300.0PUCCIO RICHARD C. JR.Chief Financial Officer
Grant2026-04-074,08500.0NAKAMURA KATSUFUMIOfficer
Grant2026-04-075,80700.0COTTER MARTINOfficer
Grant2026-04-071,34100.0SONDEL MICHAELOfficer
Sell2026-04-0110,0003,181,400318.1ROCHE VINCENT TChief Executive Officer
Grant2026-04-0110,000944,10094.4ROCHE VINCENT TChief Executive Officer
Grant2026-03-1855,89900.0ROCHE VINCENT TChief Executive Officer
Grant2026-03-1812,57600.0JAIN VIVEKOfficer
Grant2026-03-1839900.0NAKAMURA KATSUFUMIOfficer
Grant2026-03-188,02600.0COTTER MARTINOfficer
Grant2026-03-1895800.0SONDEL MICHAELOfficer
Grant2026-03-1174700.0HENRY PETER BDirector
Grant2026-03-1174700.0JENNINGS STEPHEN MDirector
Grant2026-03-1174700.0JOHNSON MERCEDESDirector
Grant2026-03-1174700.0ANDONIAN ANDREDirector
Grant2026-03-1174700.0STATA RAYMOND SDirector
Grant2026-03-1174700.0FRANK EDWARD HDirector
Grant2026-03-1174700.0GOLZ KAREN M.Director
Grant2026-03-1174700.0MATSUOKA YOKYDirector
Grant2026-03-1174700.0WAINER ANDREA FDirector
Sell2026-03-116,2501,996,231319.4STATA RAYMOND SDirector
Sell2026-03-0210,0003,500,000350.0ROCHE VINCENT TChief Executive Officer
Grant2026-03-0210,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2026-02-254,1981,515,926361.1SONDEL MICHAELOfficer
Grant2026-02-179700.0MATSUOKA YOKYDirector
Sell2026-02-056,2501,996,201319.4STATA RAYMOND SDirector
Sell2026-02-0210,0003,069,200306.9ROCHE VINCENT TChief Executive Officer
Grant2026-02-0210,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2026-01-146,2501,852,754296.4STATA RAYMOND SDirector
Sell2026-01-09500150,732301.5NAKAMURA KATSUFUMIOfficer
Sell2026-01-07500144,582289.2NAKAMURA KATSUFUMIOfficer
Sell2026-01-0510,0002,784,450278.4COTTER MARTINOfficer
Sell2026-01-0210,0002,750,700275.1ROCHE VINCENT TChief Executive Officer
Grant2026-01-0210,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2025-12-175,0001,355,950271.2COTTER MARTINOfficer
Sell2025-12-176,2501,727,804276.4STATA RAYMOND SDirector
Sell2025-12-1210,0002,824,200282.4ROCHE VINCENT TChief Executive Officer
Grant2025-12-1210,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2025-12-108,1692,283,235279.5SONDEL MICHAELOfficer
Grant2025-12-108,169795,02197.3SONDEL MICHAELOfficer
Grant2025-12-0910,84800.0ROCHE VINCENT TChief Executive Officer
Grant2025-12-092,49100.0JAIN VIVEKOfficer
Grant2025-12-0913500.0NAKAMURA KATSUFUMIOfficer
Grant2025-12-091,59000.0COTTER MARTINOfficer
Grant2025-12-0920300.0SONDEL MICHAELOfficer
Grant2025-12-0418,80000.0ROCHE VINCENT TChief Executive Officer
Sell2025-12-015,9131,572,134265.9JAIN VIVEKOfficer
Sell2025-11-056,2501,455,357232.9STATA RAYMOND SDirector
Sell2025-11-0310,0002,349,500234.9ROCHE VINCENT TChief Executive Officer
Grant2025-11-0310,000944,10094.4ROCHE VINCENT TChief Executive Officer
Grant2025-10-0711,30600.0ROCHE VINCENT TChief Executive Officer
Sell2025-10-061,000242,740242.7FRANK EDWARD HDirector
Sell2025-10-026,2501,510,268241.6STATA RAYMOND SDirector
Sell2025-10-0110,0002,437,100243.7ROCHE VINCENT TChief Executive Officer
Grant2025-10-0110,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2025-09-186,2501,551,663248.3STATA RAYMOND SDirector
Sell2025-09-0512,5003,078,092246.2COTTER MARTINOfficer
Sell2025-09-0210,0002,465,000246.5ROCHE VINCENT TChief Executive Officer
Grant2025-09-0210,000944,10094.4ROCHE VINCENT TChief Executive Officer

Congressional trading

$0.002026-10$0.00
$0.002026-09$0.00
$0.002026-08$0.00
$0.002026-07$0.00
$0.002026-06$0.00
$0.002026-05$0.00
$0.002026-04$0.00
$0.002026-03$0.00
$0.002026-02$0.00
$325012026-01$8001
$80012025-12$0.00
$160012025-11$8001
$0.002025-10$0.00
DatePoliticianPartyChamberAmount ($)
Sell2026-01-29Ro KhannaDHouse$15,001 - $50,000
Buy2026-01-23Ro KhannaDHouse$1,001 - $15,000
Sell2025-12-18Julie JohnsonDHouse$1,001 - $15,000
Sell2025-11-13Julie JohnsonDHouse$1,001 - $15,000
Buy2025-11-05Richard McCormickRHouse$1,001 - $15,000
Sell2025-11-03Ro KhannaDHouse$1,001 - $15,000
Buy2025-08-26Ro KhannaDHouse$1,001 - $15,000
Buy2025-08-26Ro KhannaDHouse$1,001 - $15,000
Sell2025-08-14Julie JohnsonDHouse$1,001 - $15,000

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