Analog Devices

ADI

Semiconductors · Technology

Price

$375.36

-5.17 (-1.36%)

Market Cap

$182.83B

Exchange

NASDAQ

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Share count rising — dilution

+23.8% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 401.3M (2021) → 496.7M (2025)

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company 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 automot

Winston Score History

Politician Trades

22 trades / 12mo

9 Congressional buys and 13 sells on ADI in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+30.4% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+115.2% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$1.8B/ year

↑ Rising (+19% vs prior year)

16.0% of revenue

In line with sector average (15%)

Investing heavily in future products and technology

Insider Activity

0.4%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$2.9B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Analog Devices grew revenue 30% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

64.7%

Premium pricing power — 64.7% gross margin

Operating Margin

31.5%

Excellent — 31.5% operating margin

ROCE

2.3%

Weak — 2.3% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+25.9%

Fast-growing sales (25.9% YoY)

EPS YoY

+74.6%

Earnings growing fast (74.6% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

187%

Turns 187% of profit into real cash

FCF Margin

38.8%

Converts sales into free cash efficiently (38.8%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.26

Conservative — low debt load (0.26)

Interest Cover

10.46x

Comfortably covers interest (10.5x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

68.2x

Expensive — P/E 68.2

P/E over 35. The market is pricing in heavy, sustained growth.

P/E vs Forward

+42.9

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (68.2 → 25.4)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

1.11%

Small dividend — 1.11% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth

+9.4%

Dividend growing modestly (9.4% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial