Where Analog Devices stands after its latest 10-Q
Revenue for the twelve months to August 2026 was $13.9bn, up 33.6% on a year earlier, faster than 29.8% a quarter earlier. That growth ranks 7 of 33 among the semiconductor companies we cover. Free-cash-flow margin held at 35.6%. Operating margin widened to 35.5% from 24.6%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B+. It passes 4 of our 6 financial-health checks. Our cash-flow model value is $252 a share, against a share price of $400. At that price, our model says the market is pricing in about 20.1% a year of cash-flow growth for five years, faster than the 13.7% a year revenue growth it has delivered.
Source: 10-Q filed August 19, 2026 on SEC EDGAR · Financials · Valuation