profit from every $100 of sales.
$0$100
Analog Devices
$397.97-2.77% today
+67.5% in 1 year
1-year low $225.201-year high $445.48
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $85.05 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Analog Devices sold, what it kept, and what it did with the cash.
Sales went from $12.0 billion in 2022 to $11.0 billion in 2025, with $2.27 billion of profit last year.
SalesProfit
Analog Devices handed back 96% of the cash it generated last year.
Buybacks $2.2B$1.9B
Free cash flow 2025$4.3B
Bought back its own shares$2.2B
Paid as dividends$1.9B
Cash vs. debt$2.5B vs. $8.7B
Analog Devices vs. similar companies
Analog Devices grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Analog Devices | 85.1× · Very expensive | ||
 Nvidia | 32.8× · Expensive | ||
 TSMC | 40.0× · Expensive | ||
 Broadcom | 71.6× · Very expensive | ||
 Micron Technology | 10.4× · Cheap |
Compare Analog Devices with Apple · Adobe · Applied Materials · Arista Networks · Broadcom · Cadence Design Systems · Fortinet · Intuit
AI analysis
An AI analyst reads Analog Devices's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,603 | 7,318 | 12,014 | 12,306 | 9,427 | 11,020 | |
| 3,690 | 4,525 | 7,532 | 7,877 | 5,381 | 6,773 | |
| 1,498 | 1,692 | 3,553 | 3,984 | 2,070 | 3,002 | |
| 2,316 | 2,588 | 5,597 | 6,166 | 4,204 | 5,029 | |
| 1,221 | 1,390 | 2,749 | 3,315 | 1,635 | 2,267 | |
| 3.28 | 3.46 | 5.25 | 6.55 | 3.28 | 4.56 | |
| 65.9% | 61.8% | 62.7% | 64.0% | 57.1% | 61.5% | |
| 26.7% | 23.1% | 29.6% | 32.4% | 22.0% | 27.2% | |
| 21.8% | 19.0% | 22.9% | 26.9% | 17.3% | 20.6% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 21,469 | 52,322 | 50,302 | 48,794 | 48,228 | 47,993 |
| Cash | 1,056 | 1,978 | 1,471 | 958 | 1,991 | 2,499 |
| Total debt | – | – | 6,602 | 7,013 | 7,650 | 8,665 |
| Total liabilities | – | – | 13,837 | 13,229 | 13,052 | 14,177 |
| 11,998 | 37,993 | 36,465 | 35,565 | 35,176 | 33,816 | |
| 372 | 401 | 523 | 506 | 499 | 497 | |
| 9.9% | 3.1% | 6.1% | 7.2% | 3.9% | 5.6% | |
| 10.2% | 3.7% | 7.5% | 9.3% | 4.6% | 6.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,008 | 2,735 | 4,475 | 4,818 | 3,853 | 4,812 | |
| 166 | 344 | 699 | 1,261 | 730 | 534 | |
| 1,843 | 2,391 | 3,776 | 3,556 | 3,122 | 4,279 | |
| Dividends paid | 886 | 1,109 | 1,545 | 1,679 | 1,795 | 1,924 |
| 244 | 2,605 | 2,577 | 2,964 | 616 | 2,165 | |
| 150 | 244 | 323 | 300 | 263 | 322 |
Valuation
- 85.1×
- 34.9×
- 12.49
- 5.4×
- 17.5×
- 45.1×
- 39.6×
- 2.2%
- 1.2%
- 1.0%
Profitability
- 61.5%
- 27.2%
- 20.6%
- 48.6%
- 5.8%
- 5.8%
- 9.8%
- 6.9%
- 9.5%
- 14.9%
Growth
- +14.5%
- +6.8%
- +37.0%
- +9.8%
- −1.7%
Financial health
- 1.2×
- 0.26
- 18.1%
- 9.5×
- 2.19
- 1.34
- 0.27
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 41%of 977
Top 9%of 977
Bottom 13%of 748
Top 34%of 982
Top 50%of 984
What analysts expect
- Average price target
- $378.56
- Range
- $270.00 – $430.00
- 18 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 18, 2026 | 2.46 | 2.31 | +6.5% |
| Nov 25, 2025 | 2.26 | 2.24 | +0.9% |
| Aug 20, 2025 | 2.05 | 1.95 | +5.1% |
| May 22, 2025 | 1.85 | 1.70 | +8.8% |
| Feb 19, 2025 | 1.63 | 1.54 | +5.8% |
| Nov 26, 2024 | 1.67 | 1.64 | +1.8% |
| Aug 21, 2024 | 1.58 | 1.51 | +4.6% |
| May 22, 2024 | 1.40 | 1.26 | +11.1% |
1.0%of the share price, paid each year
On $1,000 invested$10a year at today's yield, before tax
+9.8%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$1.60 in 2015 → $3.96 in 2025
How safe it looks
84.9% of its profit
Room to growStretchedMore than it earns: 45.0%
News
The Zacks Analyst Blog Highlights Arista Networks, Fabrinet, Analog Devices, Advanced Micro Devices and NVIDIAYahoo Finance · Nov 11, 2026As AI chip stocks stumble: Why is this analog maker still up 76% in a year?Yahoo Finance · Nov 6, 2026The Zacks Analyst Blog Highlights Analog Devices, Taiwan Semiconductor Manufacturing, Texas Instruments and NVIDIAYahoo Finance · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
45No pass
Philip Fisher
60Pass
Peter Lynch
41No pass
Joel Greenblatt
8No pass
Charlie Munger
57No pass
Terry Smith
57No pass
Questions about Analog Devices
Is Analog Devices a good stock to buy?
A strong, very profitable business, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Analog Devices AI analysis
What does Analog Devices do?
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 is in Semiconductors, based in Wilmington, MA, United States, with 24,500 employees.
Does Analog Devices pay a dividend?
Yes. At today's price the dividend is 1.0% a year, about 85% of its yearly profit. In 2025 it paid out $1.92 billion in dividends.
Is Analog Devices stock halal?
Yes. Analog Devices passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has Analog Devices stock done over the past year?
Up 67.5% over the past twelve months, to $397.97. It traded between $225.20 and $445.48 and is 10.7% below its high.
Who are Analog Devices's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and Micron Technology. The peers table on this page compares their profit, growth and price with Analog Devices's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.