Ticker League

Operating Margin for Analog Devices (ADI)

As of · Reported

Metric

TTM

32.5%

YoY change

+5.05pp

Trough year (1990)

1.3%

Peak year (2011)

35.8%

Operating Margin history chart for Analog Devices (ADI) from 1985 to 2025

Latest: 26.6%

Operating Margin change chart for Analog Devices (ADI) from 1985 to 2025

Latest: +5.05pp

Operating Margin history table for Analog Devices (ADI) from 1985 to 2025

  • 202526.6%+5.05pp
  • 202421.6%-9.51pp
  • 202331.1%+3.78pp
  • 202331.1%+3.78pp
  • 202227.3%+4.17pp
  • 202227.3%+4.17pp
  • 202123.1%-3.62pp
  • 202026.7%-1.81pp
  • 201928.6%-1.96pp
  • 201830.5%+8.35pp
  • 201722.2%-7.89pp
  • 201630.0%+5.86pp
  • 201524.2%-2.08pp
  • 201426.3%-2.33pp
  • 201328.6%-1.91pp
  • 201230.5%-5.31pp
  • 201135.8%+3.22pp
  • 201032.6%+18.46pp
  • 200914.1%-10.06pp
  • 200824.2%+1.12pp
  • 200723.1%-0.31pp
  • 200623.4%+0.97pp
  • 200522.4%-4.13pp
  • 200426.6%+8.30pp
  • 200318.3%+11.33pp
  • 20026.9%-10.98pp
  • 200117.9%-11.86pp
  • 200029.8%+12.65pp
  • 199917.1%+3.98pp
  • 199813.1%-5.64pp
  • 199718.8%-0.26pp
  • 199619.0%+2.27pp
  • 199516.8%+3.60pp
  • 199413.2%+3.75pp
  • 19939.4%+4.81pp
  • 19924.6%+1.36pp
  • 19913.2%+1.96pp
  • 19901.3%-8.38pp
  • 19899.7%-2.95pp
  • 198812.6%+3.33pp
  • 19879.3%-2.79pp
  • 198612.1%-2.37pp
  • 198514.5%—

Operating 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 Operating Margin at Analog Devices (ADI)

According to Analog Devices's latest reported financial statements, the company's latest reported operating margin is 32.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual operating margin for Analog Devices (ADI) came in at 26.61% – expanded 5.0 percentage points year-over-year.

The highest annual operating margin of 35.81% was reported in 2011. The lowest in the available history was 1.28% in 1990.

Analog Devices Operating Margin by Year

Analog Devices Operating Margin 2025: 26.6%

Analog Devices operating margin in 2025 was 26.61%, expanded 5.0 percentage points from 2024.

Analog Devices Operating Margin 2024: 21.6%

2024's operating margin for Analog Devices came in at 21.56%, contracted 9.5 percentage points from 2023.

Analog Devices Operating Margin 2023: 31.1%

Analog Devices posted operating margin of 31.07% in 2023, expanded 0.0 percentage points from 2023.

Analog Devices Operating Margin 2023: 31.1%

Analog Devices posted operating margin of 31.07% in 2023, expanded 3.8 percentage points from 2022.

Analog Devices Operating Margin 2022: 27.3%

Analog Devices operating margin in 2022 was 27.29%.

See more financial history for Analog Devices (ADI).

Sector peers by Operating Margin

Technology peers of Analog Devices (ADI), ranked by their latest operating margin

Frequently asked questions

Analog Devices (ADI) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview