Saturday 17 October 2026
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Analog Devices, Inc.
Analog Devices, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $11.0 billion, up 16.9% from fiscal 2024. In the quarter to July 2026, revenue grew 39.6%, EPS grew 162.9%, free cash flow grew 34.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years.
395.44
8.51
−2.11%
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| Oct '16 | Oct '17 | Oct '18 | Oct '19 | Oct '20 | Oct '21 | Oct '22 | Oct '23 | Oct '24 | Oct '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
22.97 | 43.68 | 20.88 | 28.98 | 35.79 | 46.91 | 26.86 | 23.87 | 67.81 | 51.01 |
Piotroski F-Score |
6 | 3 | 7 | 5 | 6 | 5 | 8 | 8 | 5 | 8 |
P/S ratio |
5.78 | 6.03 | 4.98 | 6.57 | 7.80 | 9.50 | 6.16 | 6.42 | 11.74 | 10.50 |
Altman Z-Score |
6.56 | 2.53 | 3.11 | 3.46 | 3.80 | 3.39 | 3.97 | 4.42 | 5.78 | 5.73 |
Altman Z″-Score (non-manufacturers) |
8.21 | 2.33 | 3.21 | 3.00 | 3.25 | 3.80 | 4.10 | 4.20 | 4.14 | 4.16 |
P/FCF ratio |
17.00 | 33.28 | 14.18 | 19.90 | 23.70 | 29.08 | 19.61 | 22.22 | 35.46 | 26.69 |
Beneish M-Score |
(2.86) | (1.51) | (2.72) | (2.61) | (2.50) | (1.65) | (2.32) | (2.80) | (2.71) | (2.77) |
P/Operating CF |
39.78 | 48.47 | 43.40 | 59.83 | 64.94 | 73.93 | 64.43 | 66.55 | 105.35 | 68.06 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 69 |
P/B ratio |
3.83 | 3.11 | 2.75 | 3.36 | 3.64 | 1.83 | 2.03 | 2.22 | 3.15 | 3.42 |
Price to Tangible BV |
6.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
5.21 | 7.32 | 5.87 | 7.38 | 8.53 | 10.16 | 6.59 | 6.86 | 12.24 | 10.95 |
EV/EBITDA |
14.41 | 22.00 | 13.53 | 17.53 | 20.70 | 26.87 | 14.20 | 13.81 | 27.89 | 24.46 |
EV/Operating CF |
13.82 | 33.29 | 14.95 | 19.62 | 23.80 | 27.18 | 17.69 | 17.53 | 29.95 | 25.07 |
EV/FCF |
15.33 | 40.44 | 16.70 | 22.35 | 25.94 | 31.09 | 20.97 | 23.75 | 36.95 | 27.81 |
Quick Ratio |
5.79 | 1.09 | 1.38 | 0.85 | 1.31 | 1.24 | 1.34 | 0.76 | 1.24 | 1.57 |
Current Ratio |
6.35 | 1.47 | 2.01 | 1.32 | 1.84 | 1.94 | 2.02 | 1.37 | 1.84 | 2.19 |
Net Debt/EBITDA |
(1.88) | 3.89 | 2.04 | 1.92 | 1.79 | 1.73 | 0.92 | 0.89 | 1.13 | 0.91 |
Debt/Assets |
21.73% | 37.14% | 30.98% | 25.67% | 24.15% | 12.94% | 13.13% | 13.12% | 14.58% | 16.97% |
Debt/Equity |
0.34 | 0.77 | 0.56 | 0.47 | 0.43 | 0.18 | 0.18 | 0.18 | 0.20 | 0.24 |
Asset Turnover |
0.46 | 0.36 | 0.30 | 0.29 | 0.26 | 0.20 | 0.23 | 0.25 | 0.19 | 0.23 |
Operating CF/Net income |
1.50 | 1.43 | 1.63 | 1.65 | 1.65 | 1.97 | 1.63 | 1.45 | 2.36 | 2.12 |
Capex/Depreciation |
(0.61) | (0.35) | (0.32) | (0.34) | (0.20) | (0.32) | (0.30) | (0.55) | (0.35) | (0.24) |
Interest Coverage |
11.58 | 4.64 | 7.49 | 7.47 | 7.75 | 9.16 | 16.36 | 14.45 | 6.31 | 9.23 |
| 16.83% | 10.51% | 14.01% | 11.86% | 10.30% | 5.56% | 7.38% | 9.20% | 4.62% | 6.57% | |
| 11.47% | 5.53% | 7.22% | 6.52% | 5.70% | 3.77% | 5.36% | 6.69% | 3.37% | 4.71% | |
ROIC |
22.61% | 4.28% | 7.07% | 6.46% | 5.81% | 2.47% | 4.93% | 5.83% | 3.19% | 4.78% |
Return on Tangible Assets |
17.85% | 43.25% | 67.78% | 80.34% | 53.70% | 30.31% | 56.13% | 75.29% | 27.66% | 31.59% |
Average Days of Receivables |
50.95 | 47.93 | 37.51 | 38.70 | 48.05 | 72.77 | 54.70 | 43.59 | 51.74 | 47.57 |
Research and Development Expense of Revenue |
19.11% | 18.45% | 18.72% | 18.87% | 18.75% | 17.71% | 14.15% | 13.49% | 15.78% | 16.03% |
Selling, General and Administrative Expense of Revenue |
13.49% | 13.16% | 11.17% | 10.82% | 11.78% | 12.51% | 10.54% | 10.35% | 11.34% | 11.39% |
Intangible Assets out of Total Assets |
0.28 | 0.83 | 0.83 | 0.77 | 0.74 | 0.81 | 0.80 | 0.78 | 0.76 | 0.73 |
Share Based Compensation of Revenue |
1.85% | 1.99% | 2.43% | 2.51% | 2.67% | 3.33% | 2.69% | 2.44% | 2.79% | 2.92% |
Graham Net Nets |
0.11 | (0.27) | (0.23) | (0.20) | (0.16) | (0.13) | (0.12) | (0.11) | (0.07) | (0.06) |
Graham Number |
32.41 | 37.14 | 52.39 | 51.25 | 49.23 | 89.57 | 91.60 | 102.47 | 72.44 | 84.05 |
Earnings Yield |
4.35% | 2.29% | 4.79% | 3.45% | 2.79% | 2.13% | 3.72% | 4.19% | 1.47% | 1.96% |
Free Cash Flow Yield |
5.88% | 3.00% | 7.05% | 5.02% | 4.22% | 3.44% | 5.10% | 4.50% | 2.82% | 3.75% |
Revenue per Share |
11.08 | 15.15 | 16.80 | 16.23 | 15.20 | 18.41 | 23.14 | 24.50 | 19.00 | 22.29 |
Operating CF per Share |
4.18 | 3.33 | 6.59 | 6.10 | 5.45 | 6.88 | 8.62 | 9.59 | 7.76 | 9.73 |
Capex per Share |
(0.41) | (0.59) | (0.69) | (0.75) | (0.45) | (0.86) | (1.35) | (2.51) | (1.47) | (0.96) |
Free Cash Flow per Share |
3.77 | 2.74 | 5.91 | 5.36 | 5.00 | 6.02 | 7.27 | 7.08 | 6.29 | 8.77 |
Cash per Share |
13.14 | 3.03 | 2.20 | 1.76 | 2.86 | 4.98 | 2.83 | 1.91 | 4.76 | 7.39 |
Shareholders Equity per Share |
16.73 | 29.34 | 30.42 | 31.72 | 32.55 | 95.59 | 70.23 | 70.81 | 70.90 | 68.40 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
16.73 | 29.34 | 30.42 | 31.72 | 32.55 | 95.59 | 70.23 | 70.81 | 70.90 | 68.40 |
Free Cash Flow |
1,163.95 | 950.27 | 2,187.49 | 1,977.73 | 1,842.80 | 2,391.39 | 3,776.09 | 3,556.17 | 3,122.07 | 4,337.54 |
Working Capital |
4,191.93 | 755.01 | 1,060.38 | 476.49 | 1,152.70 | 2,608.01 | 2,495.34 | 1,183.05 | 2,496.37 | 3,862.26 |
Capital Expenditures |
(127.40) | (204.10) | (254.88) | (275.37) | (165.69) | (343.68) | (699.31) | (1,261.46) | (730.46) | (474.66) |
Net Current Asset Value |
2,170.20 | (8,628.41) | (7,058.07) | (7,698.33) | (6,952.97) | (8,951.21) | (8,899.04) | (8,845.34) | (7,567.31) | (7,068.90) |
EV/EBIT |
17.35 | 33.05 | 19.23 | 25.84 | 31.91 | 43.93 | 24.15 | 22.09 | 56.75 | 41.14 |
Capex to Sales |
0.04 | 0.04 | 0.04 | 0.05 | 0.03 | 0.05 | 0.06 | 0.10 | 0.08 | 0.04 |
Price to Operating Income |
19.25 | 27.20 | 16.32 | 23.01 | 29.15 | 41.10 | 22.59 | 20.67 | 54.46 | 39.47 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.33 | 0.53 | 0.69 | 0.67 | 0.72 | 0.54 | 0.96 | 0.71 | 0.62 | 0.60 |
Cash ROIC |
10.63% | 4.99% | 11.88% | 11.08% | 10.10% | 5.12% | 8.48% | 8.28% | 7.00% | 9.51% |
Accounts Receivable Turnover |
7.25 | 8.99 | 9.37 | 9.40 | 8.16 | 6.66 | 7.37 | 7.53 | 6.72 | 7.95 |
Accounts Payable Turnover |
6.91 | 10.19 | 7.94 | 8.13 | 8.45 | 8.33 | 8.74 | 8.24 | 8.25 | 8.24 |
Inventory Turnover |
3.03 | 4.48 | 3.47 | 3.30 | 3.14 | 3.09 | 3.45 | 2.91 | 2.62 | 2.74 |
Average Days of Payables |
52.40 | 41.56 | 48.24 | 41.58 | 43.37 | 57.94 | 47.41 | 40.64 | 43.98 | 46.74 |
Days of Inventory on Hand |
115.09 | 96.75 | 108.48 | 112.58 | 116.08 | 156.88 | 114.02 | 135.36 | 130.61 | 142.38 |
Average Receivables |
472.07 | 583.28 | 664.34 | 637.43 | 686.34 | 1,098.30 | 1,629.76 | 1,635.10 | 1,403.03 | 1,386.20 |
Average Payables |
172.84 | 204.03 | 248.77 | 243.09 | 226.27 | 335.35 | 512.80 | 537.60 | 490.25 | 515.61 |
Average Inventory |
394.43 | 463.69 | 568.79 | 598.32 | 609.07 | 904.44 | 1,300.26 | 1,521.06 | 1,544.95 | 1,552.01 |
Average Assets |
7,514.53 | 14,555.78 | 20,789.83 | 20,915.51 | 21,430.62 | 36,895.34 | 51,312.21 | 49,548.42 | 48,511.38 | 48,110.50 |
Average Common Equity |
5,119.29 | 7,663.58 | 10,714.86 | 11,488.68 | 11,853.57 | 24,995.25 | 37,228.93 | 36,015.23 | 35,370.73 | 34,496.04 |
Columns are period end dates