Net Profit Margin
since 2005
Calculation
Analog Devices Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Nov 1, 2025 | 20.58% | = | 100 | × | 2,267,342) | ÷ | 11,019,707) |
| Nov 2, 2024 | 17.35% | = | 100 | × | 1,635,273) | ÷ | 9,427,157) |
| Oct 28, 2023 | 26.94% | = | 100 | × | 3,314,579) | ÷ | 12,305,539) |
| Oct 29, 2022 | 22.88% | = | 100 | × | 2,748,561) | ÷ | 12,013,953) |
| Oct 30, 2021 | 19.00% | = | 100 | × | 1,390,422) | ÷ | 7,318,286) |
| Oct 31, 2020 | 21.79% | = | 100 | × | 1,220,761) | ÷ | 5,603,056) |
| Nov 2, 2019 | 22.75% | = | 100 | × | 1,363,011) | ÷ | 5,991,065) |
| Nov 3, 2018 | 24.12% | = | 100 | × | 1,495,432) | ÷ | 6,200,942) |
| Oct 28, 2017 | 14.24% | = | 100 | × | 727,259) | ÷ | 5,107,503) |
| Oct 29, 2016 | 25.18% | = | 100 | × | 861,664) | ÷ | 3,421,409) |
| Oct 31, 2015 | 20.29% | = | 100 | × | 696,878) | ÷ | 3,435,092) |
| Nov 1, 2014 | 21.97% | = | 100 | × | 629,320) | ÷ | 2,864,773) |
| Nov 2, 2013 | 25.57% | = | 100 | × | 673,487) | ÷ | 2,633,689) |
| Nov 3, 2012 | 24.11% | = | 100 | × | 651,236) | ÷ | 2,701,142) |
| Oct 29, 2011 | 28.98% | = | 100 | × | 867,394) | ÷ | 2,993,320) |
| Oct 30, 2010 | 25.79% | = | 100 | × | 712,084) | ÷ | 2,761,503) |
| Oct 31, 2009 | 12.30% | = | 100 | × | 247,772) | ÷ | 2,014,908) |
| Nov 1, 2008 | 30.44% | = | 100 | × | 786,284) | ÷ | 2,582,931) |
| Nov 3, 2007 | 19.52% | = | 100 | × | 496,907) | ÷ | 2,546,117) |
| Oct 28, 2006 | 21.35% | = | 100 | × | 549,482) | ÷ | 2,573,176) |
| Oct 29, 2005 | 17.36% | = | 100 | × | 414,787) | ÷ | 2,388,808) |
Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).
1 US$ in thousands
The financial data reveals several key patterns and trends over the period analyzed. Revenue generally exhibited a rising trend with some volatility, increasing from approximately 2.39 billion US dollars in 2005 to a peak of over 12 billion US dollars in 2022, before experiencing a decline in the subsequent years.
Net income showed significant fluctuations over the years. After starting at 414.8 million US dollars in 2005, it grew substantially, reaching over 2.7 billion US dollars in 2022. However, like revenue, net income declined afterward but remained above 1.6 billion US dollars through 2024 and 2025.
The net profit margin, expressed as a percentage, displayed notable variability throughout the period, ranging between a low of approximately 12.3% and a high of around 30.4%. Early years saw margins in the range of 17% to 21%, with a peak margin in 2008 aligned with a spike in net income despite lower revenue. Margins decreased to near 14% by 2017, followed by a recovery with peaks above 22% and a high of almost 27% in 2022. The margin ratio showed a downward adjustment in the final years, ending near 20.6% in 2025.
- Revenue Trends
- Revenue rose steadily over time, with significant jumps observed between 2017 and 2022. The highest revenue was recorded in 2022 at about 12 billion US dollars, followed by a decline in 2023 and 2024, although still maintaining higher levels than the earlier years.
- Net Income Dynamics
- Net income grew alongside revenue with some exceptions. Large increases in net income occurred in 2008, 2014, and 2022, coinciding with strong revenue figures and favorable profit margins. Subsequent declines suggest some volatility potentially due to changing market conditions or operational challenges.
- Profitability Analysis
- The net profit margin varied markedly, suggesting changes in cost control, pricing strategies, or other operational factors. The peak margin around 2008 suggests exceptional profitability during that year despite overall revenue declines. Later fluctuations could indicate competitive pressures or strategic shifts affecting profitability.
Overall, the data reflects a company with a generally growing top line accompanied by periodic fluctuations in profitability and net income. The distinct peaks and troughs in net income and profit margin point toward evolving operational efficiency and varying market conditions across the examined period.
Comparison to Competitors
Analog Devices Inc., net profit margin, long-term trends, comparison to competitors
| Analog Devices Inc. | Advanced Micro Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 1, 2025 | 20.58% | — | 24.67% | 36.20% | — | 33.41% | 29.06% | 22.84% | 55.85% | 12.51% | — |
| Nov 2, 2024 | 17.35% | 6.36% | 26.41% | 11.43% | -35.32% | 28.15% | 25.68% | 3.10% | 48.85% | 26.03% | 30.68% |
| Oct 28, 2023 | 26.94% | 3.77% | 25.86% | 39.31% | 3.11% | 32.27% | 25.88% | -37.54% | 16.19% | 20.19% | 37.16% |
| Oct 29, 2022 | 22.88% | 5.59% | 25.31% | 34.62% | 12.71% | 36.06% | 26.73% | 28.24% | 36.23% | 29.27% | 43.68% |
| Oct 30, 2021 | 19.00% | 19.24% | 25.53% | 24.54% | 25.14% | 30.04% | 26.72% | 21.16% | 25.98% | 26.94% | 42.35% |
| Oct 31, 2020 | 21.79% | 25.50% | 21.04% | 12.39% | 26.84% | 20.96% | 22.42% | 12.54% | 25.61% | 22.09% | 38.69% |
| Nov 2, 2019 | 22.75% | 5.07% | 18.52% | 12.05% | 29.25% | 25.73% | 22.70% | 26.97% | 35.34% | 18.07% | 34.88% |
| Nov 3, 2018 | 24.12% | 5.20% | 19.20% | 58.80% | 29.72% | 19.87% | 21.49% | 46.51% | 31.37% | -21.40% | 35.35% |
| Oct 28, 2017 | 14.24% | 0.81% | 23.62% | 9.59% | 15.30% | 26.61% | 21.19% | 25.04% | 24.11% | 11.06% | 24.61% |
| Oct 29, 2016 | 25.18% | -11.63% | 15.90% | -13.13% | 17.37% | 23.60% | 15.53% | -2.23% | 12.26% | 24.22% | 26.89% |
| Oct 31, 2015 | 20.29% | -16.54% | 14.26% | 19.99% | 20.63% | 13.01% | 12.47% | 17.90% | 13.47% | 20.85% | 22.97% |
| Nov 1, 2014 | 21.97% | -7.32% | 11.82% | 6.16% | 20.95% | 19.89% | 13.72% | 18.61% | 10.65% | 30.08% | 21.63% |
| Nov 2, 2013 | 25.57% | -1.57% | 3.41% | 21.90% | 18.25% | 19.11% | 3.16% | 13.12% | 13.14% | 27.56% | 17.71% |
| Nov 3, 2012 | 24.11% | -21.82% | 1.25% | 23.82% | 20.63% | 23.83% | 6.33% | -12.53% | 14.53% | 31.95% | 13.72% |
| Oct 29, 2011 | 28.98% | 7.48% | 18.31% | 23.63% | 23.97% | 25.02% | 22.35% | 1.90% | 7.14% | 28.48% | 16.28% |
| Oct 30, 2010 | 25.79% | 7.25% | 9.82% | 19.83% | 26.28% | 11.66% | 16.25% | 21.81% | -2.04% | 29.54% | 23.11% |
| Oct 31, 2009 | 12.30% | 5.63% | -6.09% | -2.96% | 12.44% | -34.43% | -27.08% | -38.21% | -0.88% | 15.28% | 14.10% |
| Nov 1, 2008 | 30.44% | -53.34% | 11.82% | — | 14.08% | 14.24% | 17.75% | -27.72% | 19.46% | 28.36% | 15.36% |
| Nov 3, 2007 | 19.52% | -56.19% | 17.57% | — | 18.20% | 19.34% | 26.72% | -5.63% | 14.63% | 37.23% | 19.20% |
| Oct 28, 2006 | 21.35% | -2.94% | 16.54% | — | 14.26% | 18.37% | 20.45% | 7.74% | 12.74% | 32.82% | 30.45% |
| Oct 29, 2005 | 17.36% | 2.83% | 17.30% | — | 22.31% | 22.38% | 19.92% | 3.85% | 4.99% | 37.78% | 17.35% |
Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Analog Devices Inc., net profit margin, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Analog Devices Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Nov 1, 2025 | 20.58% | — |
| Nov 2, 2024 | 17.35% | 14.94% |
| Oct 28, 2023 | 26.94% | 17.06% |
| Oct 29, 2022 | 22.88% | 25.54% |
| Oct 30, 2021 | 19.00% | 25.83% |
| Oct 31, 2020 | 21.79% | 23.10% |
| Nov 2, 2019 | 22.75% | 24.49% |
| Nov 3, 2018 | 24.12% | 27.65% |
| Oct 28, 2017 | 14.24% | 17.11% |
| Oct 29, 2016 | 25.18% | 14.20% |
| Oct 31, 2015 | 20.29% | 18.44% |
| Nov 1, 2014 | 21.97% | 19.81% |
| Nov 2, 2013 | 25.57% | 17.60% |
| Nov 3, 2012 | 24.11% | 15.90% |
| Oct 29, 2011 | 28.98% | 20.36% |
| Oct 30, 2010 | 25.79% | 21.68% |
| Oct 31, 2009 | 12.30% | 6.12% |
| Nov 1, 2008 | 30.44% | 9.71% |
| Nov 3, 2007 | 19.52% | 14.03% |
| Oct 28, 2006 | 21.35% | 17.67% |
| Oct 29, 2005 | 17.36% | 19.11% |
Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).
Comparison to Industry (Information Technology)
Analog Devices Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Analog Devices Inc. | Information Technology | |
|---|---|---|
| Nov 1, 2025 | 20.58% | — |
| Nov 2, 2024 | 17.35% | 20.64% |
| Oct 28, 2023 | 26.94% | 20.33% |
| Oct 29, 2022 | 22.88% | 22.35% |
| Oct 30, 2021 | 19.00% | 23.54% |
| Oct 31, 2020 | 21.79% | 19.65% |
| Nov 2, 2019 | 22.75% | 19.85% |
| Nov 3, 2018 | 24.12% | 18.58% |
| Oct 28, 2017 | 14.24% | 17.86% |
| Oct 29, 2016 | 25.18% | 17.79% |
| Oct 31, 2015 | 20.29% | 18.38% |
| Nov 1, 2014 | 21.97% | 19.38% |
| Nov 2, 2013 | 25.57% | 20.21% |
| Nov 3, 2012 | 24.11% | 20.08% |
| Oct 29, 2011 | 28.98% | 20.68% |
| Oct 30, 2010 | 25.79% | 20.24% |
| Oct 31, 2009 | 12.30% | 14.53% |
| Nov 1, 2008 | 30.44% | 15.21% |
| Nov 3, 2007 | 19.52% | 15.81% |
| Oct 28, 2006 | 21.35% | 16.24% |
| Oct 29, 2005 | 17.36% | 16.66% |
Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).