Analog Devices price to free cash flow ADI

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 38.4×
10-year median: 27.7×
Against its 10-year history: 91st; percentile: 0 is its lowest day, 100 its highest
10-year range: 13.8× to 46.4×
Peer median: 51.9×

Analog Devices' price to free cash flow is 38.4× as of Oct 23, 2026.

That is above its ten-year median of 27.7×, higher than on 91% of days in the last ten years.

Over that time it ranged from 13.8× in Oct 2018 to 46.4× in Jun 2026.

The median for 10 semiconductor stocks of a similar size is 51.9×.

Price to free cash flow over time

median 27.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	38.4×	31.3×	46.4×
2025	31.7×	25.6×	37.2×
2024	34.5×	26.0×	39.6×
2023	27.7×	21.4×	28.0×
2022	22.1×	18.8×	37.8×
2021	38.6×	26.5×	40.3×
2020	29.6×	15.7×	29.6×
2019	22.2×	14.0×	22.3×
2018	14.5×	13.8×	39.0×
2017	36.1×	18.9×	43.4×
2016	19.4×	18.7×	24.5×
2015	22.9×	20.6×	27.5×
2014	25.2×	19.0×	25.5×
2013	20.0×	18.7×	23.2×
2012	18.3×	13.2×	18.6×
2011	13.7×	11.4×	16.1×
2010	12.8×	10.5×	13.4×

Against its peers

Companies in Semiconductors nearest Analog Devices' size, closest first, today.

Company	Price to free cash flow
ADIAnalog Devices	38.4×
KLACKLA	50.5×
QCOMQUALCOMM	17.7×
MRVLMarvell Technology	116×
TXNTexas Instruments	n/m
LRCXLam Research	n/m
AMATApplied Materials	53.2×
INTCIntel	155×
TELTE Connectivity	18.2×
NXPINXP Semiconductors	21.1×
MPWRMonolithic Power Systems	95.7×
Peer median	51.9×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Analog Devices

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.