Analog Devices, Inc. ADI
- Market cap
- $186.8B
- P/E
- 46.5×
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Analog Devices, Inc. (ADI) Price to free cash flow
As of 25 September 2026, Analog Devices, Inc. (ADI) trades at a price to free cash flow of 38.7×. Over the past ten years it has ranged from 13.5× (October 2018) to 47.6× (June 2026); the current reading is higher than 96% of that period. That is below the Semiconductors industry median of 47.0× and above the Technology sector median of 19.8×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 26.7× | (24.74%) |
| FY2024 | 35.5× | 59.58% |
| FY2023 | 22.2× | 13.30% |
| FY2022 | 19.6× | (32.57%) |
| FY2021 | 29.1× | 22.71% |
| FY2020 | 23.7× | 19.09% |
| FY2019 | 19.9× | 40.40% |
| FY2018 | 14.2× | (57.40%) |
| FY2017 | 33.3× | 95.73% |
| FY2016 | 17.0× | (32.06%) |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jul 2026 | 36.2× | (15.83%) |
| Apr 2026 | 43.0× | 28.11% |
| Jan 2026 | 33.5× | 25.67% |
| Oct 2025 | 26.7× | (10.20%) |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| ASX ASE Technology Holding Co., Ltd. compare | n/m |
| QCOM QUALCOMM Incorporated compare | 20.5× |
| UMC United Microelectronics Corporation compare | 32.4× |
| ADI Analog Devices, Inc. | 38.7× |
| TXN Texas Instruments Incorporated compare | 47.0× |
| MRVL Marvell Technology, Inc. compare | 136× |
| MPWR Monolithic Power Systems, Inc. compare | 175× |
| ARM ARM Holdings PLC Sponsored ADR compare | 225× |
| ALAB Astera Labs, Inc. compare | 227× |
| Semiconductors industry median | 47.0× |
| Technology sector median | 19.8× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on ADI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement