Analog Devices vs Texas Instruments
Texas Instruments is the larger business, with $17.68bn of revenue in fiscal 2025 against $11.02bn for Analog Devices (1.6 times as much). Analog Devices grew faster (16.9% against 13.0%). Texas Instruments kept more of each dollar of sales as profit: a net margin of 28.3% against 20.6%. Analog Devices carries less debt relative to equity (25.4% against 87.0%).
| Latest fiscal year | Analog DevicesADI, 2025 | Texas InstrumentsTXN, 2025 |
|---|---|---|
| Revenue | $11.02bn | $17.68bn |
| Revenue growth | 16.9% | 13.0% |
| Net income | $2.27bn | $5.00bn |
| Operating margin | 26.6% | 34.1% |
| Net margin | 20.6% | 28.3% |
| Return on equity | 6.6% | 30.1% |
| Free cash flow | $4.28bn | $2.60bn |
| Cash | $2.50bn | $3.23bn |
| Total debt | $8.59bn | $14.15bn |
| Debt to equity | 25.4% | 87.0% |
| Dividend per share | $3.89 | $5.50 |
| Dividend yield | 1.0% | 1.9% |
| Share buybacks | $2.16bn | $1.48bn |
| Employees | 24,500 | 33,000 |
| Market value | $204.33bn | $287.51bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 85 (Strong) | 96 (Strong) |
| Insider trades, 12 months | 0 buys, 207 sales | 0 buys, 52 sales |