TTM
35.8%
YoY change
+5.71pp
Trough year (1992)
-5.7%
Peak year (2025)
38.8%
Latest annual
38.8%
FCF Margin history chart for Analog Devices (ADI) from 1989 to 2025
Latest: 38.8%
FCF Margin change chart for Analog Devices (ADI) from 1989 to 2025
Latest: +5.71pp
FCF Margin history table for Analog Devices (ADI) from 1989 to 2025
| 2025 | 38.8% | +5.71pp | ||
| 2024 | 33.1% | +4.22pp | ||
| 2023 | 28.9% | -2.53pp | ||
| 2022 | 31.4% | -1.25pp | ||
| 2021 | 32.7% | -0.21pp | ||
| 2020 | 32.9% | -0.12pp | ||
| 2019 | 33.0% | — | ||
| 2016 | 26.6% | +4.61pp | ||
| 2015 | 21.9% | — | ||
| 2010 | 31.9% | +13.19pp | ||
| 2009 | 18.7% | -1.16pp | ||
| 2008 | 19.8% | -7.71pp | ||
| 2007 | 27.5% | +5.67pp | ||
| 2006 | 21.9% | -5.65pp | ||
| 2005 | 27.5% | +3.52pp | ||
| 2004 | 24.0% | — | ||
| 1998 | 4.7% | — | ||
| 1993 | 3.3% | +9.02pp | ||
| 1992 | -5.7% | -5.43pp | ||
| 1991 | -0.2% | -9.31pp | ||
| 1990 | 9.1% | +3.91pp | ||
| 1989 | 5.2% | — |
- 202538.8%+5.71pp
- 202433.1%+4.22pp
- 202328.9%-2.53pp
- 202231.4%-1.25pp
- 202132.7%-0.21pp
- 202032.9%-0.12pp
- 201933.0%—
- 201626.6%+4.61pp
- 201521.9%—
- 201031.9%+13.19pp
- 200918.7%-1.16pp
- 200819.8%-7.71pp
- 200727.5%+5.67pp
- 200621.9%-5.65pp
- 200527.5%+3.52pp
- 200424.0%—
- 19984.7%—
- 19933.3%+9.02pp
- 1992-5.7%-5.43pp
- 1991-0.2%-9.31pp
- 19909.1%+3.91pp
- 19895.2%—
FCF Margin values are taken from Analog Devices's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Analog Devices (ADI)
According to Analog Devices's latest reported financial statements, the company's latest reported free cash flow margin is 35.8%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Analog Devices (ADI) reported free cash flow margin of 38.83% – expanded 5.7 percentage points year-over-year.
The highest annual free cash flow margin of 38.83% was reported in 2025. The lowest in the available history was -5.68% in 1992.
Analog Devices FCF Margin by Year
Analog Devices FCF Margin 2025: 38.8%
Analog Devices free cash flow margin in 2025 was 38.83%, expanded 5.7 percentage points from 2024. This figure represents the highest annual value in the available history.
Analog Devices FCF Margin 2024: 33.1%
2024's free cash flow margin for Analog Devices came in at 33.12%, expanded 4.2 percentage points from 2023.
Analog Devices FCF Margin 2023: 28.9%
Analog Devices posted free cash flow margin of 28.90% in 2023, contracted 2.5 percentage points from 2022.
Analog Devices FCF Margin 2022: 31.4%
In 2022, Analog Devices reported free cash flow margin of 31.43%, contracted 1.2 percentage points from 2021.
Analog Devices FCF Margin 2021: 32.7%
Analog Devices free cash flow margin in 2021 was 32.68%.
See more financial history for Analog Devices (ADI).
Sector peers by FCF Margin
Technology peers of Analog Devices (ADI), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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