ANALOG DEVICES INC (ADI) Income statement

Market cap

$172.7B

P/E ratio

64.8x

	2010/10	2011/10	2012/11	2013/11	2014/11	2015/10	2016/10	2017/10	2018/11	2019/11	2020/10	2021/10	2022/10	2023/10	2024/11	2025/11
Revenue	2,762	2,993	2,701	2,634	2,865	3,435	3,421	5,108	6,201	5,991	5,603	7,318	12,014	12,306	9,427	11,020
Revenue growth (%)	-
Cost of revenue	962	1,007	960	941	1,035	1,176	1,194	2,046	1,968	1,977	1,913	2,793	4,481	4,428	4,046	4,246
Gross profit	1,799	1,987	1,741	1,692	1,830	2,259	2,227	3,062	4,233	4,014	3,690	4,525	7,532	7,877	5,381	6,773
Gross margin (%)
Research & development	492	506	512	513	560	637	654	969	1,165	1,130	1,051	1,296	1,701	1,660	1,488	1,766
Selling, general & administrative	391	407	397	396	455	479	461	691	696	648	660	915	1,266	1,274	1,069	1,255
Operating margin (%)
Operating expenses	899	915	917	939	1,078	1,428	1,199	2,006	2,352	2,303	2,192	2,833	4,254	4,054	3,349	3,841
Operating income	900	1,072	824	753	752	831	1,028	1,055	1,882	1,711	1,498	1,692	3,279	3,823	2,033	2,932
Income before tax	902	1,061	814	815	729	810	957	828	1,639	1,486	1,312	1,329	3,099	3,608	1,777	2,712
Pretax margin (%)	32.7	35.5	30.1	31	25.5	23.6	28	16.2	26.4	24.8	23.4	18.2	25.8	29.3	18.9	24.6
Provision for income taxes	190	201	162	142	100	113	95	101	143	123	91	-62	350	293	142	445
Effective tax rate (%)
Net income	712	867	651	673	629	697	862	727	1,495	1,363	1,221	1,390	2,749	3,315	1,635	2,267
Net income margin (%)
Earnings per share	2.39	2.9	2.18	2.19	-	-	-	-	-	-	-	-	5.29	6.6	3.3	4.59
Diluted EPS	2.33	2.81	2.13	2.14	-	-	-	-	-	-	-	-	5.25	6.55	3.28	4.56
Dividend payout ratio (%)					-	-	-	-	-	-	-	-
Dividend per share	0.84	0.94	1.15	1.32	1.45	1.57	1.66	1.77	1.89	-	2.4	2.69	2.97	3.34	3.62	3.89