Total Asset Turnover
since 2005
Paying user area
Try for free
Analog Devices Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Geographic Areas
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Return on Assets (ROA) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Analog Devices Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Analog Devices Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Nov 2, 2024 | = | ÷ | |||
| Oct 28, 2023 | = | ÷ | |||
| Oct 29, 2022 | = | ÷ | |||
| Oct 30, 2021 | = | ÷ | |||
| Oct 31, 2020 | = | ÷ | |||
| Nov 2, 2019 | = | ÷ | |||
| Nov 3, 2018 | = | ÷ | |||
| Oct 28, 2017 | = | ÷ | |||
| Oct 29, 2016 | = | ÷ | |||
| Oct 31, 2015 | = | ÷ | |||
| Nov 1, 2014 | = | ÷ | |||
| Nov 2, 2013 | = | ÷ | |||
| Nov 3, 2012 | = | ÷ | |||
| Oct 29, 2011 | = | ÷ | |||
| Oct 30, 2010 | = | ÷ | |||
| Oct 31, 2009 | = | ÷ | |||
| Nov 1, 2008 | = | ÷ | |||
| Nov 3, 2007 | = | ÷ | |||
| Oct 28, 2006 | = | ÷ | |||
| Oct 29, 2005 | = | ÷ |
Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).
1 US$ in thousands
The analysis of the financial data over the reported periods reveals several key trends regarding revenue, total assets, and total asset turnover ratio. These insights provide an understanding of the company’s operational efficiency, asset utilization, and growth patterns.
- Revenue Trends
- Revenue displayed fluctuations across the timeline. Initially, revenue grew moderately from approximately $2.39 billion in 2005 to about $2.99 billion by 2011, though it experienced some declines in interim years, notably in 2009. A significant increase is seen starting in 2017, peaking around $7.32 billion in 2021. Subsequently, revenue reached a high of approximately $12.01 billion in 2022, before decreasing again in 2023 and 2024. These fluctuations suggest cycles of expansion and contractions in market demand or business activity.
- Total Assets Evolution
- Total assets showed a somewhat volatile but overall growth pattern. From roughly $4.58 billion in 2005, there was a decrease until 2007, bottoming at around $2.97 billion. Starting in 2008, assets increased steadily, with a marked rise after 2016, peaking dramatically in 2021 at approximately $52.32 billion. Following this peak, total assets slightly decreased in the last two reported years, settling near $48.23 billion in 2024. This trajectory indicates substantial asset accumulation, possibly driven by investments, acquisitions, or capital expenditures in recent years.
- Total Asset Turnover Ratio
- The total asset turnover ratio (revenue divided by total assets) reveals important insight into asset utilization efficiency. The ratio started at 0.52 in 2005, improving to peak levels near 0.86 and 0.84 in 2007 and 2008 respectively, indicating relatively efficient use of assets at that time. However, from 2009 onwards, the ratio declined progressively, reaching lows between 0.14 and 0.3 in the 2017-2024 period. This decline suggests that despite increasing revenues and asset bases, the company’s ability to generate revenue from its assets diminished, likely due to rapid asset growth outpacing revenue growth or changing business conditions impacting efficiency.
In summary, the company experienced substantial revenue growth and significant asset accumulation, especially in the recent decade. Nonetheless, the efficiency metric reflected by the total asset turnover ratio has generally decreased, indicating that the scaling of assets has not been matched proportionally by revenue generation. This may warrant a closer examination of asset management strategies and operational effectiveness in leveraging investments for revenue growth.
Comparison to Competitors
Analog Devices Inc., total asset turnover, 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 2, 2024 | |||||||||||
| Oct 28, 2023 | |||||||||||
| Oct 29, 2022 | |||||||||||
| Oct 30, 2021 | |||||||||||
| Oct 31, 2020 | |||||||||||
| Nov 2, 2019 | |||||||||||
| Nov 3, 2018 | |||||||||||
| Oct 28, 2017 | |||||||||||
| Oct 29, 2016 | |||||||||||
| Oct 31, 2015 | |||||||||||
| Nov 1, 2014 | |||||||||||
| Nov 2, 2013 | |||||||||||
| Nov 3, 2012 | |||||||||||
| Oct 29, 2011 | |||||||||||
| Oct 30, 2010 | |||||||||||
| Oct 31, 2009 | |||||||||||
| Nov 1, 2008 | |||||||||||
| Nov 3, 2007 | |||||||||||
| Oct 28, 2006 | |||||||||||
| Oct 29, 2005 |
Based on: 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., total asset turnover, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Analog Devices Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Nov 2, 2024 | ||
| Oct 28, 2023 | ||
| Oct 29, 2022 | ||
| Oct 30, 2021 | ||
| Oct 31, 2020 | ||
| Nov 2, 2019 | ||
| Nov 3, 2018 | ||
| Oct 28, 2017 | ||
| Oct 29, 2016 | ||
| Oct 31, 2015 | ||
| Nov 1, 2014 | ||
| Nov 2, 2013 | ||
| Nov 3, 2012 | ||
| Oct 29, 2011 | ||
| Oct 30, 2010 | ||
| Oct 31, 2009 | ||
| Nov 1, 2008 | ||
| Nov 3, 2007 | ||
| Oct 28, 2006 | ||
| Oct 29, 2005 |
Based on: 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., total asset turnover, long-term trends, comparison to industry (information technology)
| Analog Devices Inc. | Information Technology | |
|---|---|---|
| Nov 2, 2024 | ||
| Oct 28, 2023 | ||
| Oct 29, 2022 | ||
| Oct 30, 2021 | ||
| Oct 31, 2020 | ||
| Nov 2, 2019 | ||
| Nov 3, 2018 | ||
| Oct 28, 2017 | ||
| Oct 29, 2016 | ||
| Oct 31, 2015 | ||
| Nov 1, 2014 | ||
| Nov 2, 2013 | ||
| Nov 3, 2012 | ||
| Oct 29, 2011 | ||
| Oct 30, 2010 | ||
| Oct 31, 2009 | ||
| Nov 1, 2008 | ||
| Nov 3, 2007 | ||
| Oct 28, 2006 | ||
| Oct 29, 2005 |
Based on: 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).