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Analog Devices ADI Debt-to-equity

Debt-to-equity at other companies

Semtech logo
SemtechSMTC
0.9×-0.1×
Texas Instruments logo
Texas InstrumentsTXN
0.8×+0.1×
Vicor logo
VicorVICR
0.0×
Microchip Technology logo
Microchip TechnologyMCHP
0.9×+0.1×
ON Semiconductor logo
ON SemiconductorON
0.4×0.0×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
0.0×

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
Current ratio1.8×-0.3×

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 debt-to-equity?
Analog Devices (ADI) reported debt-to-equity of 0.2× in Q1 2026.
How has Analog Devices's debt-to-equity changed year-over-year?
Analog Devices's debt-to-equity increased by 27.0% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for Analog Devices's debt-to-equity?
Over 4 years (2021 to 2025), Analog Devices's debt-to-equity has grown at a -11.7% compound annual growth rate (CAGR), from 1.5× to 0.9×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.