Buyback yield (TTM)
1.57%
Shareholder yield (TTM)
2.60%
5Y share count change
-5.1%
Buyback spend (TTM)
$3.05B
Cumulative buybacks
$18.24B
Key takeaways
- Analog Devices (ADI) repurchased about $3.05B of stock over the trailing twelve months.
- Diluted share count is down 5.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 8.99× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +54.7% per year over the latest 5-year window.
- TTM repurchases used about 119% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Analog Devices (ADI)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Analog Devices (ADI)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Analog Devices (ADI)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Analog Devices (ADI)
Latest: $2.16B
Overview
Analog Devices (ADI) most recent annual buyback spend stands at $2.16B (2025) – surged 251.6% year-over-year.
Through 2020–2025 (5 years), Analog Devices buyback spend delivered a +54.7% annualised rate; with mixed annual results across the window.
Analog Devices buyback spend peaked at $3.11B in 2021; the latest annual figure is $2.16B in 2025 (30.3% below peak).
Across the available history, buyback spend reached its high of $3.11B in 2021 and its low of $0.00 in 1992.
Analog Devices Buyback Spend 2025: $2.16B
Analog Devices posted buyback spend of $2.16B in 2025, surged 251.6% from 2024.
Analog Devices Buyback Spend 2024: $615.59M
In 2024, Analog Devices reported buyback spend of $615.59M, plunged 79.2% below 2023.
Analog Devices Buyback Spend 2023: $2.96B
Analog Devices buyback spend in 2023 was $2.96B, grew 15.0% from 2022.
Analog Devices Buyback Spend 2022: $2.58B
2022's buyback spend for Analog Devices came in at $2.58B, declined 17.0% below 2021.
Analog Devices Buyback Spend 2021: $3.11B
Analog Devices buyback spend in 2021 was $3.11B.
See more financial history for Analog Devices (ADI).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $2.16B | $321.56M | $1.84B | 1.88% | 0.50B | -0.4% | |
| 2024 | $615.59M | $262.71M | $352.88M | 0.55% | 0.50B | -1.4% | |
| 2023 | $2.96B | $299.82M | $2.66B | 3.71% | 0.51B | -3.3% | |
| 2022 | $2.58B | $323.49M | $2.25B | 3.47% | 0.52B | +30.4% | |
| 2021 | $3.11B | $243.61M | $2.86B | 3.70% | 0.40B | +7.9% | |
| 2020 | $244.49M | $149.52M | $94.97M | 0.56% | 0.37B | -0.2% | |
| 2019 | $613.00M | $150.30M | $462.70M | 1.52% | 0.37B | +19.4% | |
| 2018 | $225.98M | $151.16M | $74.81M | 0.70% | — | — | |
| 2017 | $46.53M | $104.19M | −$57.66M | 0.14% | 0.31B | -1.4% | |
| 2016 | $370.06M | $63.42M | $306.64M | 1.89% | — | — | |
| 2015 | $226.95M | $68.92M | $158.03M | 1.21% | 0.32B | +3.6% | |
| 2014 | $356.35M | $50.81M | $305.53M | 2.31% | — | — | |
| 2013 | $60.53M | $56.89M | $3.64M | 0.39% | — | — | |
| 2012 | $161.05M | $53.50M | $107.55M | 1.33% | — | — | |
| 2011 | $330.49M | $52.36M | $278.13M | 2.94% | — | — | |
| 2010 | $39.85M | $51.75M | −$11.90M | 0.40% | 0.31B | +4.5% | |
| 2009 | $3.76M | $48.61M | −$44.85M | 0.05% | 0.29B | -1.5% | |
| 2008 | $569.85M | $0.00 | $569.85M | 9.16% | 0.30B | -10.6% | |
| 2007 | $1.65B | $0.00 | $1.65B | 16.74% | 0.33B | -10.4% | |
| 2006 | $1.02B | $0.00 | $1.02B | 9.72% | 0.37B | -3.3% | |
| 2005 | $525.49M | $0.00 | $525.49M | 4.15% | 0.38B | -2.4% | |
| 2004 | $137.08M | $0.00 | $137.08M | 0.91% | 0.39B | +10.4% | |
| 2003 | $52.00K | $0.00 | $52.00K | 0.00% | — | — | |
| 2002 | $97.75M | $0.00 | $97.75M | 0.97% | — | — | |
| 2001 | $21.83M | $0.00 | $21.83M | 0.15% | — | — | |
| 2000 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1999 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1998 | $84.20M | $0.00 | $84.20M | — | 0.36B | — | |
| 1997 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1996 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $900.00K | $0.00 | $900.00K | — | — | — | |
| 1990 | $14.20M | $0.00 | $14.20M | — | — | — | |
| 1989 | $8.70M | $0.00 | $8.70M | — | — | — |
- 2025$2.16B
- 2024$615.59M
- 2023$2.96B
- 2022$2.58B
- 2021$3.11B
- 2020$244.49M
- 2019$613.00M
- 2018$225.98M
- 2017$46.53M
- 2016$370.06M
- 2015$226.95M
- 2014$356.35M
- 2013$60.53M
- 2012$161.05M
- 2011$330.49M
- 2010$39.85M
- 2009$3.76M
- 2008$569.85M
- 2007$1.65B
- 2006$1.02B
- 2005$525.49M
- 2004$137.08M
- 2003$52.00K
- 2002$97.75M
- 2001$21.83M
- 2000$0.00
- 1999$0.00
- 1998$84.20M
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$900.00K
- 1990$14.20M
- 1989$8.70M
Buybacks vs stock-based compensation for Analog Devices (ADI)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 8.99×.
Buybacks vs dividends (share of cash returned) for Analog Devices (ADI)
How Analog Devices splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Analog Devices, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $6.31B
- $1.32B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.57B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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