Operating Profit Margin
since 2005
Calculation
Analog Devices Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Nov 1, 2025 | 26.61% | = | 100 | × | 2,932,496) | ÷ | 11,019,707) |
| Nov 2, 2024 | 21.56% | = | 100 | × | 2,032,798) | ÷ | 9,427,157) |
| Oct 28, 2023 | 31.07% | = | 100 | × | 3,823,112) | ÷ | 12,305,539) |
| Oct 29, 2022 | 27.29% | = | 100 | × | 3,278,700) | ÷ | 12,013,953) |
| Oct 30, 2021 | 23.12% | = | 100 | × | 1,692,201) | ÷ | 7,318,286) |
| Oct 31, 2020 | 26.74% | = | 100 | × | 1,498,244) | ÷ | 5,603,056) |
| Nov 2, 2019 | 28.55% | = | 100 | × | 1,710,608) | ÷ | 5,991,065) |
| Nov 3, 2018 | 30.35% | = | 100 | × | 1,881,735) | ÷ | 6,200,942) |
| Oct 28, 2017 | 20.66% | = | 100 | × | 1,055,134) | ÷ | 5,107,503) |
| Oct 29, 2016 | 30.05% | = | 100 | × | 1,028,112) | ÷ | 3,421,409) |
| Oct 31, 2015 | 24.19% | = | 100 | × | 830,841) | ÷ | 3,435,092) |
| Nov 1, 2014 | 26.27% | = | 100 | × | 752,484) | ÷ | 2,864,773) |
| Nov 2, 2013 | 28.59% | = | 100 | × | 753,075) | ÷ | 2,633,689) |
| Nov 3, 2012 | 30.51% | = | 100 | × | 824,048) | ÷ | 2,701,142) |
| Oct 29, 2011 | 35.81% | = | 100 | × | 1,072,025) | ÷ | 2,993,320) |
| Oct 30, 2010 | 32.59% | = | 100 | × | 900,074) | ÷ | 2,761,503) |
| Oct 31, 2009 | 14.14% | = | 100 | × | 284,817) | ÷ | 2,014,908) |
| Nov 1, 2008 | 24.20% | = | 100 | × | 625,025) | ÷ | 2,582,931) |
| Nov 3, 2007 | 22.24% | = | 100 | × | 566,186) | ÷ | 2,546,117) |
| Oct 28, 2006 | 21.44% | = | 100 | × | 551,806) | ÷ | 2,573,176) |
| Oct 29, 2005 | 21.60% | = | 100 | × | 515,987) | ÷ | 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
- Operating Income
- The operating income experienced a general upward trend over the two decades, starting at approximately $515 million and reaching a peak above $3.2 billion in the year ending October 29, 2022. Notable fluctuations occurred, including a sharp decline around 2009 and a resurgence thereafter. The figure fluctuated significantly in subsequent years, indicating periods of both accelerated growth and contraction.
- Revenue
- Revenue displayed a broadly increasing trajectory, beginning near $2.4 billion and expanding to over $12 billion by the year ending October 29, 2022. The data show some intermittent declines, notably in 2009 and again in the early 2020s, but the long-term progression remains positive. The most substantial growth occurred between 2016 and 2022, marking a phase of rapid expansion.
- Operating Profit Margin
- The operating profit margin exhibited variability but overall maintained a strong position, ranging roughly between 14% and 36%. It peaked in 2011 at above 35% and saw a marked dip around 2009 to approximately 14%, coinciding with a period of lower operating income and revenue. In recent years, margins have fluctuated but generally remained above 20%, reflecting sustained operational efficiency despite revenue and income volatility.
- Overall Trends and Insights
- The financial data reveal that both operating income and revenue experienced considerable growth over the span reviewed, albeit with volatility influenced likely by economic cycles or company-specific factors. Operating margins remained resilient, indicating effective cost control and profitability management through various phases. Peak financial performance was observed in the early 2020s, followed by some decline but still maintaining significant earnings levels. This pattern suggests the entity adapted to changing conditions while pursuing growth opportunities.
Comparison to Competitors
Analog Devices Inc., operating profit margin, long-term trends, comparison to competitors
| Analog Devices Inc. | Advanced Micro Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|
| Nov 1, 2025 | 26.61% | — | 29.22% | — | — | 32.01% | 26.14% | 62.42% | 27.90% | — |
| Nov 2, 2024 | 21.56% | 7.37% | 28.95% | 26.10% | -21.99% | 28.61% | 5.19% | 54.12% | 25.85% | 34.94% |
| Oct 28, 2023 | 31.07% | 1.77% | 28.86% | 45.25% | 0.17% | 29.69% | -36.97% | 15.66% | 21.74% | 41.85% |
| Oct 29, 2022 | 27.29% | 5.36% | 30.20% | 42.84% | 3.70% | 31.24% | 31.54% | 37.31% | 35.88% | 50.63% |
| Oct 30, 2021 | 23.12% | 22.20% | 29.87% | 31.03% | 24.62% | 30.64% | 22.68% | 27.18% | 29.16% | 48.84% |
| Oct 31, 2020 | 26.74% | 14.02% | 25.37% | 16.80% | 30.41% | 26.62% | 14.01% | 26.07% | 26.58% | 40.76% |
| Nov 2, 2019 | 28.55% | 9.37% | 22.93% | 15.24% | 30.62% | 25.53% | 31.51% | 32.47% | 31.59% | 39.79% |
| Nov 3, 2018 | 30.35% | 6.97% | 27.80% | 24.63% | 32.91% | 29.01% | 49.34% | 33.05% | 3.26% | 42.53% |
| Oct 28, 2017 | 20.66% | 3.83% | 26.61% | 13.51% | 28.58% | 23.74% | 28.88% | 27.99% | 11.73% | 40.66% |
| Oct 29, 2016 | 30.05% | -8.71% | 19.88% | -3.09% | 21.68% | 18.25% | 1.35% | 14.91% | 27.57% | 35.89% |
| Oct 31, 2015 | 24.19% | -12.05% | 17.53% | 23.92% | 25.29% | 14.98% | 18.52% | 16.21% | 22.85% | 32.88% |
| Nov 1, 2014 | 26.27% | -2.82% | 16.75% | 10.26% | 27.47% | 14.71% | 18.87% | 12.01% | 28.50% | 30.26% |
| Nov 2, 2013 | 28.59% | 1.94% | 5.75% | 21.90% | 23.32% | 3.28% | 2.60% | 15.15% | 29.08% | 23.20% |
| Nov 3, 2012 | 30.51% | -19.48% | 4.71% | 24.62% | 27.44% | 8.92% | -7.51% | 16.22% | 29.72% | 15.38% |
| Oct 29, 2011 | 35.81% | 5.60% | 22.80% | 25.00% | 32.37% | 24.84% | 8.59% | 7.22% | 33.60% | 21.78% |
| Oct 30, 2010 | 32.59% | 13.06% | 14.49% | 22.26% | 35.73% | 19.94% | 18.73% | -2.97% | 29.87% | 32.32% |
| Oct 31, 2009 | 14.14% | 12.29% | -7.85% | 3.23% | 16.26% | -25.20% | -34.87% | -2.06% | 21.37% | 19.09% |
| Nov 1, 2008 | 24.20% | -33.66% | 16.67% | — | 23.82% | 20.58% | -27.31% | 20.41% | 33.48% | 19.49% |
| Nov 3, 2007 | 22.24% | -47.65% | 24.36% | — | 21.43% | 30.34% | -4.92% | 14.78% | 32.50% | 25.28% |
| Oct 28, 2006 | 21.44% | -0.83% | 22.04% | — | 15.97% | 24.74% | 6.64% | 14.32% | 35.74% | 23.62% |
| Oct 29, 2005 | 21.60% | 3.96% | 20.71% | — | 31.14% | 26.02% | 4.46% | 5.65% | 42.06% | 20.84% |
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).