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Analog Devices ADI Current ratio

Current ratio at other companies

Semtech logo
SemtechSMTC
2.4×-0.2×
Texas Instruments logo
Texas InstrumentsTXN
4.5×-0.8×
Vicor logo
VicorVICR
14.3×+7.9×
Microchip Technology logo
Microchip TechnologyMCHP
2.1×-0.5×
ON Semiconductor logo
ON SemiconductorON
4.9×-0.1×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
4.8×-0.1×

Other financials

Income statement

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Revenue$3.6B+37.3%
Gross profit$2.4B+51.4%
Operating income$1.4B+104%
Net income$1.2B+106%
EPS (diluted)$2.40+111%

Balance sheet

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Cash & equivalents$1.3B-27.8%
Total debt$8.1B+22.4%
Total equity$33.7B-3.6%
Total assets$47.9B+1.3%

Cash flow

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Operating cash flow$872.0M+6.4%
CapEx$137.7M+52.6%
Free cash flow$734.3M+0.7%

Valuation

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Market cap$201.87B+87.3%
Enterprise value$208.71B+85.3%
P/E60.9×+2.1×
P/S15.9×+4.9×

Profitability

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Gross margin64.5%+5.7pp
Operating margin32.5%+9.8pp
Net margin26%+7.4pp

Returns & leverage

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Return on equity9.6%+4.4pp
Debt / equity0.2×+0.1×

Where this comes from

Calculated from Analog Devices’s reported figures.

Based on the most recent quarter.

The official record: Analog Devices’s 10-Q, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Analog Devices's current ratio?
Analog Devices (ADI) reported current ratio of 1.8× in Q1 2026.
How has Analog Devices's current ratio changed year-over-year?
Analog Devices's current ratio decreased by 15.6% year-over-year, from 2.1× to 1.8×.
What is the long-term trend for Analog Devices's current ratio?
Over 4 years (2021 to 2025), Analog Devices's current ratio has grown at a 10.8% compound annual growth rate (CAGR), from 5.7× to 8.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.