ANALOG DEVICES INC

ADI

Quality scores

Data as of Sep 5, 2026

8 / 9

Strong

8/9 — SOLID fundamentals (high quality).

PassROA > 0 — ROA last year = 4.72 %
PassFCF > 0 — FCF last year = 4,278.65 mill.
PassFCF > net income (accrual quality) — FCF 4,278.65 vs. net income 2,267.34 (mill.)
PassRising ROA — ROA 4.72 % vs. prior year 3.39 %

FailLower long-term leverage — long-term debt/assets 0.17 vs. prior 0.14
PassRising current ratio (more liquidity) — Current ratio 2.19 vs. prior 1.84
PassNo dilution (shares do not grow) — Shares 489.65 mill. vs. prior 496.30 mill.

Z-Score (original)

8.11

Safe zone

Z''-Score (non-manufacturing)

7.41

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.08
X2 — Retained earnings / Total assets	0.22
X3 — EBIT / Total assets	0.06
X4 — Market cap / Total liabilities	12.12
X4 — Book equity / Total liabilities	2.39
X5 — Sales / Total assets	0.23