ADI logo
Analog Devices Inc.
ADI
231.63 (-1.94%) 4.49
114.95(B)
Information Technology
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. The company 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. It 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 the company provides digital signal processing and system products for numeric calculations. It 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.
My Holdings:
(?% ownership)
Shares:
Cost basis:
Market cap:$114.95(B)
EV:$119.79(B)
Total Equity:$35.01(B)
Div. yield:1.65%
Earnings date:Aug-20-2025
P/E:62.77
P/E (fwd):31.05
P/FCF:34.88
P/S:11.70
P/B:3.28
EPS:$3.7
EPS (fwd):$7.5
FCF/share:$6.6
Dividend/share:$3.8
Book value/share:$70.5
ROIC:3.8%
ROA:3.4%
ROE:4.6%
Gross margin:58.8%
Net margin:18.6%

ADI Valuation & Price Targets

Current Price
$232
Day change: -1.94%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A

More Valuation Methods

DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
Future P/E
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

28% overvalued
Low
$125
Mid
$167
High
$209
Current price
$232
Fair P/E
Margin of safety
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Medium

EPS Estimates

LowAvgHigh#
FY+17.27.58.132
FY+28.08.810.633
FY+39.310.612.413
FY+411.812.713.72
FY+515.615.615.61
EPS

Analyst Price Targets

14% undervalued
Low
$155
Mid
$264
High
$300
Current price
$232

Analyst Recommendations

Strong Buy4
Buy20
Hold12
Sell0
Strong Sell0

EPS Estimates

LowAvgHigh#
FY+17.27.58.132
FY+28.08.810.633
FY+39.310.612.413
FY+411.812.713.72
FY+515.615.615.61

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
Terminal Growth Rate
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
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
Exit FCF Multiple
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%

Future P/E Valuation

Projection Years
Base Revenue
Revenue Growth Rate
Final Net Margin
Final P/E Ratio
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

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

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

Summary

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$9.82(B)
Gross profit$5.77(B)
EBITDA$4.37(B)
Net income$1.83(B)
Gross margin58.8%
Operating margin21.9%
Net margin18.6%
Shares outstanding:496.25(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$47.34(B)
Current assets$5.59(B)
Total liabilities$12.33(B)
Current liabilities$2.69(B)
Cash & Short-term inv.$2.38(B)
Long-term debt$6.65(B)
Total intangibles$35.73(B)
PP&E$3.34(B)

Cash flow (TTM)

CFOCFICFF
FCF$3.29(B)
CapEx$-558.54(M)
Dividends paid$-1.86(B)
Stock issued$118.44(M)
Stock repurchased$-621.87(M)
Stock-based comp.$284.90(M)
Debt issued$9.12(B)
Debt repaid$-10.02(B)

Per share data (TTM)

Price: $232
Revenue: $19.8 (11.7x | 8.5%) Gross profit: $11.6 (19.9x | 5.0%) Earnings: $3.69 (62.8x | 1.6%)
FCF: $6.64 (34.9x | 2.9%) Stock-based Comp.: $0.57 (403.5x | 0.2%) Dividend: $3.82 (60.6x | 1.6%)
Total Assets: $95.4 (2.4x | 41.2%) Total Liabilities: $24.9 (9.3x | 10.7%) Book Value: $70.5 (3.3x | 30.5%) Cash & ST inv.: $4.79 (48.4x | 2.1%) Debt: $13.4 (17.3x | 5.8%)

Growth Estimates

Revenue

CAGR: 11.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$10.63(B)
FY+2(+11.6%)$11.87(B)
FY+3(+9.3%)$12.97(B)
FY+4(+12.1%)$14.54(B)
FY+5(+13.5%)$16.50(B)

Net Income

CAGR: 19.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$3.70(B)
FY+2(+18.5%)$4.39(B)
FY+3(+17.7%)$5.17(B)
FY+4(+29.1%)$6.67(B)
FY+5(+12.6%)$7.52(B)

EPS

CAGR: 20.2%
FY+1FY+2FY+3FY+4FY+5
FY+1$7.46
FY+2(+18.6%)$8.85
FY+3(+19.3%)$10.56
FY+4(+20.5%)$12.73
FY+5(+22.4%)$15.58

FCF per share

CAGR: 18.3%
FY+1FY+2FY+3
FY+1$7.70
FY+2(+24.7%)$9.60
FY+3(+12.2%)$10.77

Historical Financials

Showing limited histrical data.
YearlyQuarterly
Income
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.02.0(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 IncomePre-tax incomeIncome tax
Cash flow
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.01.0(B)2.0(B)3.0(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.010.0(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 liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.02.04.06.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.010.020.030.040.050.060.070.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240%10%20%30%40%50%60%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240%2%4%6%8%
ROIC ROAROCEROE
Shares outstanding
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.0100.0(M)200.0(M)300.0(M)400.0(M)500.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)
Market Cap.

KPIs

Revenue By Segment
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Communications Consumer Industrial Automotive

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.26%
Institutions: 93.56%
Other: 6.18%

Institutional ownership

10.12% Vanguard Group Inc8.24% Blackrock Inc.5.30% JPMORGAN CHASE & CO4.60% State Street Corporati...2.36% Geode Capital Manageme...2.30% Price (T.Rowe) Associa...1.92% Morgan Stanley1.79% Wells Fargo & Company1.75% Massachusetts Financia...1.67% NORGES BANK53.51% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $54.39(M).

Congress members have bought between $40012 - $250000 worth of the company's stock, and sold between $100009 - $325000.

Insider transactions

2025-09

$0.00
$0.00

2025-08

$1.38(M)
$0.00

2025-07

$1.50(M)
$0.00

2025-06

$1.45(M)
$0.00

2025-05

$3.20(M)
$0.00

2025-04

$3.11(M)
$0.00

2025-03

$11.85(M)
$0.00

2025-02

$2.35(M)
$0.00

2025-01

$2.15(M)
$0.00

2024-12

$2.16(M)
$0.00

2024-11

$6.72(M)
$0.00

2024-10

$9.16(M)
$0.00

2024-09

$9.01(M)
$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2025-08-066,2501,378,977220.6STATA RAYMOND SDirector
Sell2025-07-176,2501,500,830240.1STATA RAYMOND SDirector
Sell2025-06-126,2501,453,538232.6STATA RAYMOND SDirector
Sell2025-05-076,2501,230,365196.9STATA RAYMOND SDirector
Sell2025-05-0110,0001,968,400196.8ROCHE VINCENT TChief Executive Officer
Grant2025-05-0110,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2025-04-166,2501,109,327177.5STATA RAYMOND SDirector
Grant2025-04-0812,61500.0JAIN VIVEKOfficer
Grant2025-04-0810,71700.0COTTER MARTINOfficer
Grant2025-04-086,69800.0NAKAMURA KATSUFUMIOfficer
Sell2025-04-0110,0002,002,600200.3ROCHE VINCENT TChief Executive Officer
Grant2025-04-0110,000944,10094.4ROCHE VINCENT TChief Executive Officer
Sell2025-03-2412,6842,663,640210.0JAIN VIVEKOfficer
Sell2025-03-194,000836,760209.2PUCCIO RICHARD C. JR.Chief Financial Officer
Grant2025-03-1997,27500.0ROCHE VINCENT TChief Executive Officer
Grant2025-03-1932,42500.0JAIN VIVEKOfficer
Grant2025-03-1919,45500.0COTTER MARTINOfficer
Grant2025-03-192,25600.0SONDEL MICHAELOfficer
Grant2025-03-191,55300.0NAKAMURA KATSUFUMIOfficer
Sell2025-03-1210,0002,091,237209.1ROCHE VINCENT TChief Executive Officer
Grant2025-03-121,16000.0STATA RAYMOND SDirector
Grant2025-03-121,16000.0HENRY PETER BDirector
Grant2025-03-121,16000.0JENNINGS STEPHEN MDirector
Grant2025-03-121,16000.0JOHNSON MERCEDESDirector
Grant2025-03-121,16000.0GLIMCHER LAURIE HDirector
Grant2025-03-121,16000.0FRANK EDWARD H. PH.D.Director
Grant2025-03-121,16000.0GOLZ KAREN M.Director
Grant2025-03-121,16000.0WAINER ANDREA FDirector
Grant2025-03-121,16000.0WEE SUSIEDirector
Grant2025-03-121,16000.0ANDONIAN ANDREDirector
Sell2025-03-1110,0002,104,428210.4ROCHE VINCENT TChief Executive Officer
Sell2025-03-056,0001,362,720227.1JOHNSON MERCEDESDirector
Sell2025-03-052,093469,920224.5STATA RAYMOND SDirector
Grant2025-03-058,460484,67357.3STATA RAYMOND SDirector
Sell2025-03-0310,0002,326,200232.6ROCHE VINCENT TChief Executive Officer
Grant2025-03-0310,000944,04494.4ROCHE VINCENT TChief Executive Officer
Sell2025-02-2610,0002,348,200234.8ROCHE VINCENT TChief Executive Officer
Grant2025-02-2610,000911,30091.1ROCHE VINCENT TChief Executive Officer
Sell2025-01-0210,0002,154,900215.5ROCHE VINCENT TChief Executive Officer
Grant2025-01-0210,000911,30091.1ROCHE VINCENT TChief Executive Officer
Sell2024-12-1110,0002,158,300215.8ROCHE VINCENT TChief Executive Officer
Grant2024-12-1110,000911,30091.1ROCHE VINCENT TChief Executive Officer
Sell2024-11-0110,0002,238,700223.9ROCHE VINCENT TChief Executive Officer
Sell2024-11-0120,0004,477,400223.9BRYANT GREGORY M.Officer
Grant2024-11-0110,000911,30091.1ROCHE VINCENT TChief Executive Officer
Sell2024-10-0110,0002,289,300228.9ROCHE VINCENT TChief Executive Officer
Sell2024-10-0130,0006,867,900228.9BRYANT GREGORY M.Officer
Grant2024-10-0110,000911,30091.1ROCHE VINCENT TChief Executive Officer
Sell2024-09-2530,0006,723,000224.1BRYANT GREGORY M.Officer
Grant2024-09-185,71300.0ROCHE VINCENT TChief Executive Officer
Sell2024-09-0310,0002,286,900228.7ROCHE VINCENT TChief Executive Officer
Grant2024-09-0310,000911,30091.1ROCHE VINCENT TChief Executive Officer
Sell2024-08-29995233,133234.3FRANK EDWARD H. PH.D.Director
Sell2024-08-23500113,618227.2FRANK EDWARD H. PH.D.Director

Congressional trading

2025-09

$0.00
$0.00

2025-08

$0.00
$0.00

2025-07

$0.00
$0.00

2025-06

$8001
$8001

2025-05

$65001
$8001

2025-04

$56502
$24002

2025-03

$75001
$81002

2025-02

$0.00
$0.00

2025-01

$0.00
$0.00

2024-12

$0.00
$8001

2024-11

$0.00
$16001

2024-10

$0.00
$0.00

2024-09

$8001
$0.00
DatePoliticianPartyChamberAmount ($)
Buy2025-06-23Ro KhannaDHouse$1,001 - $15,000
Sell2025-06-18Shelley Moore CapitoRSenate$1,001 - $15,000
Buy2025-05-19Ro KhannaDHouse$1,001 - $15,000
Sell2025-05-12Jefferson ShreveRHouse$15,001 - $50,000
Sell2025-05-12Jefferson ShreveRHouse$15,001 - $50,000
Buy2025-04-24Thomas H. Kean, Jr.RHouse$1,001 - $15,000
Sell2025-04-15Ro KhannaDHouse$15,001 - $50,000
Sell2025-04-11Dan NewhouseRHouse$1,001 - $15,000
Sell2025-04-11Dan NewhouseRHouse$1,001 - $15,000
Sell2025-04-09Ro KhannaDHouse$1,001 - $15,000
Buy2025-04-08Rob BresnahanRHouse$1,001 - $15,000
Buy2025-04-07Jared MoskowitzDHouse$1,001 - $15,000
Buy2025-03-31Jefferson ShreveRHouse$15,001 - $50,000
Buy2025-03-31Jefferson ShreveRHouse$15,001 - $50,000
Buy2025-03-12Ro KhannaDHouse$1,001 - $15,000
Buy2025-03-12Ro KhannaDHouse$1,001 - $15,000
Sell2025-03-05Jefferson ShreveRHouse$50,001 - $100,000
Buy2024-12-13Thomas H. Kean, Jr.RHouse$1,001 - $15,000
Buy2024-11-15Ro KhannaDHouse$1,001 - $15,000
Buy2024-11-08Jared MoskowitzDHouse$1,001 - $15,000
Sell2024-09-04John JamesRHouse$1,001 - $15,000

Tools

Dividend Income

Investment Amount
Dividend Yield
What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

How to Use This Calculator?

Enter the dividend yield and the invested amount. Optionally, preload stock data to automatically fetch the dividend yield.

Required Investment

Dividend Yield
Desired Yearly Payout
Desired Quarterly Payout
Desired Monthly Payout
What is the Required Investment Calculator?

The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

How to Use This Calculator?

Enter the dividend yield and your desired dividend income. Optionally, preload stock data to automatically fetch the dividend yield.

Future Dividend Yield

Base Dividend
Current Price
Number of Years
Dividend Growth Rate
What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

How to Use This Calculator?

Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.