Analog Devices vs Shopify
Analog Devices and Shopify are similar in size: $11.02bn and $11.56bn of revenue in their latest fiscal years. Shopify grew faster (30.1% against 16.9%). Analog Devices kept more of each dollar of sales as profit: a net margin of 20.6% against 10.7%.
| Latest fiscal year | Analog DevicesADI, 2025 | ShopifySHOP, 2025 |
|---|---|---|
| Revenue | $11.02bn | $11.56bn |
| Revenue growth | 16.9% | 30.1% |
| Net income | $2.27bn | $1.23bn |
| Operating margin | 26.6% | 12.7% |
| Net margin | 20.6% | 10.7% |
| Return on equity | 6.6% | 9.8% |
| Free cash flow | $4.28bn | $2.01bn |
| Cash | $2.50bn | $1.54bn |
| Total debt | $8.59bn | — |
| Debt to equity | 25.4% | — |
| Dividend per share | $3.89 | — |
| Dividend yield | 1.0% | — |
| Share buybacks | $2.16bn | — |
| Employees | 24,500 | 7,600 |
| Market value | $204.33bn | $185.43bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 85 (Strong) | — |
| Insider trades, 12 months | 0 buys, 207 sales | 0 buys, 0 sales |