ANALOG DEVICES INC (ADI) closed fiscal year 2025 with a gross margin of 61.5 % and a net margin of 20.6 %.
ANALOG DEVICES INC (ADI) closed fiscal year 2025 with a gross margin of 61.5 % and a net margin of 20.6 %. The same year shows an EBITDA margin of 44.8 % and an EBIT margin of 26.6 %. The free cash flow margin was 38.8 %. Against the previous year the gross margin moved +4.4 pp and the net margin +3.2 pp. Across the period the gross margin ranges between 55.5 % in 2009 and 68.3 % in 2018. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: October
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 61.19 % | 61.07 % | 55.52 % | 65.16 % | 66.37 % | 64.45 % | 64.26 % | 63.89 % | 65.77 % | 65.10 % | 60.39 % | 68.28 % | 67.00 % | 65.87 % | 61.83 % | 62.70 % | 64.01 % | 57.08 % | 61.47 % |
| EBITDA margin (%) | 29.35 % | 30.14 % | 21.08 % | 36.97 % | 39.76 % | 34.57 % | 32.79 % | 31.22 % | 30.66 % | 36.18 % | 33.30 % | 43.35 % | 42.09 % | 41.21 % | 37.81 % | 46.41 % | 49.70 % | 43.89 % | 44.75 % |
| EBIT margin (%) | 23.07 % | 24.20 % | 14.14 % | 32.59 % | 35.81 % | 30.51 % | 28.59 % | 26.27 % | 24.19 % | 30.05 % | 22.16 % | 30.52 % | 28.55 % | 26.74 % | 23.12 % | 27.29 % | 31.07 % | 21.56 % | 26.61 % |
| Net margin (%) | 20.17 % | 30.44 % | 12.30 % | 25.79 % | 28.98 % | 24.11 % | 25.57 % | 21.97 % | 20.29 % | 25.18 % | 15.35 % | 24.21 % | 22.75 % | 21.79 % | 19.00 % | 22.88 % | 26.94 % | 17.35 % | 20.58 % |
| FCF margin (%) | 27.53 % | 19.82 % | 18.66 % | 31.85 % | 25.98 % | 25.26 % | 29.97 % | 24.21 % | 21.95 % | 34.02 % | 18.11 % | 35.14 % | 33.01 % | 32.89 % | 32.68 % | 31.43 % | 28.90 % | 33.12 % | 38.83 % |
