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Analog Devices ADI Free cash flow margin

Free cash flow margin at other companies

Semtech logo
SemtechSMTC
15.9%+7.7pp
Texas Instruments logo
Texas InstrumentsTXN
20.2%+11.1pp
Vicor logo
VicorVICR
18.5%+5.6pp
Microchip Technology logo
Microchip TechnologyMCHP
18.5%+0.9pp
ON Semiconductor logo
ON SemiconductorON
19.5%-1.6pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
21.3%-5.0pp

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$211.62B+87.3%
Enterprise value$218.45B+85.3%
P/E63.9×+2.2×
P/S16.6×+5.1×

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×
Current ratio1.8×-0.3×

Where this comes from

Calculated from Analog Devices’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Analog Devices (ADI) reported free cash flow margin of 35.8% in Q1 2026.
How has Analog Devices's free cash flow margin changed year-over-year?
Analog Devices's free cash flow margin increased by 6.8% year-over-year, from 33.5% to 35.8%.
What is the long-term trend for Analog Devices's free cash flow margin?
Over 4 years (2021 to 2025), Analog Devices's free cash flow margin has grown at a 1.2% compound annual growth rate (CAGR), from 135.2% to 141.9%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.