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ADI · NasdaqGS

Analog Devices

Semiconductors · United States

USD 420.730.4% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$203.87B
Trailing P/E
49.97x
Forward P/E
25.74x
Quarterly revenue growth
39.6%
Trailing net margin
29.8%
Indicated dividend yield
1.0%

Snapshot 2026-10-06 · Latest financial period 2026-08-01 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-24 (provider estimate, not issuer-confirmed).

Company background

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.

Company website

Q2 FY2026

Go beyond the headline.

ADI Stock: HOLD Call - Beat And Sell-Off At 31x Earnings Q2 FY2026

Published 2026-05-21

Comparable businesses

ADI peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricADIAnalog Devices, Inc.Snapshot 2026-10-06Financial period: 2026-08-01TXNTexas Instruments IncorporatedSnapshot 2026-10-06Financial period: 2026-06-30NXPINXP Semiconductors N.V.Snapshot 2026-10-06Financial period: 2026-06-28
Market capMarket value, converted to USDUS$203.87BUS$269.15BUS$61.18B
Forward P/EProvider forward earnings estimate25.74x27.69x13.38x
EV / EBITDAEnterprise value / trailing EBITDA30.32x29.03x13.64x
Revenue growthLatest quarter vs prior-year quarter39.6%22.8%19.5%
Operating marginLatest reported quarter39.5%42.6%30.4%
Free cash flow yieldTrailing cash flow / market cap2.0%1.3%5.8%
Net debt / EBITDANet debt / trailing EBITDA0.99x0.74x1.53x
Debt / equityTotal debt / positive book equity0.27x0.78x0.93x
Trailing P/ETrailing twelve-month earnings49.97x44.86x20.72x
Price / bookPrice / positive book equity per share6.08x14.94x5.37x
EV / salesEnterprise value / trailing revenue15.12x14.21x5.24x
Earnings growthLatest quarter vs prior-year quarter163.5%51.8%72.6%
Gross marginTrailing twelve months65.8%58.3%56.1%
Net marginTrailing twelve months29.8%31.1%22.6%
Return on equityProvider trailing return; positive equity only12.2%35.2%27.9%
Free cash flow marginTrailing free cash flow / revenue29.9%18.2%27.0%
Dividend yieldIndicated annual dividend / price1.0%2.1%1.7%
Earnings payoutProvider trailing dividend payout49.6%85.5%34.6%
Current ratioCurrent assets / current liabilities1.25x4.86x2.04x
BetaProvider historical market sensitivity1.231.341.81

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Market context

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for ADI

All available reporting periods
Q2 FY20262026-05-21
Q1 FY20262026-04-13

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.