Analog Devices, Inc. (ADI)

Analog Devices Income Statement

Financials in millions USD. Fiscal year is November - October.

Year Ending	TTM	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019
Revenue	10,465	12,306	12,014	7,318	5,603	5,991
Revenue Growth (YoY)	-18.69%	2.43%	64.16%	30.61%	-6.48%	-3.75%
Cost of Revenue	4,202	4,428	4,481	2,793	1,913	1,977
Gross Profit	6,262	7,877	7,532	4,525	3,690	4,014
Selling, General & Admin	1,157	1,274	1,266	915.42	659.92	648.09
Research & Development	1,577	1,660	1,701	1,296	1,051	1,130
Other Operating Expenses	992.42	1,120	1,287	621.27	481.79	524.7
Operating Expenses	3,726	4,054	4,254	2,833	2,192	2,303
Operating Income	2,536	3,823	3,279	1,692	1,498	1,711
Interest Expense / Income	295.18	264.64	200.41	184.83	193.31	229.08
Other Expense / Income	-43.81	-49.53	-20.46	178.66	-6.68	-4.2
Pretax Income	2,285	3,608	3,099	1,329	1,312	1,486
Income Tax	144.21	293.42	350.19	-61.71	90.86	122.72
Net Income	2,140	3,315	2,749	1,390	1,221	1,363
Net Income Growth	-40.94%	20.59%	97.68%	13.90%	-10.44%	-9.55%
Shares Outstanding (Basic)	496	502	519	397	369	369
Shares Outstanding (Diluted)	499	506	523	401	372	373
Shares Change	-2.00%	-3.29%	30.37%	7.88%	-0.24%	-0.55%
EPS (Basic)	4.30	6.60	5.29	3.50	3.31	3.68
EPS (Diluted)	4.28	6.55	5.25	3.46	3.28	3.65
EPS Growth	-39.20%	24.76%	51.73%	5.49%	-10.14%	-8.75%
Free Cash Flow	3,064	3,556	3,776	2,391	1,843	1,978
Free Cash Flow Per Share	6.18	7.08	7.27	6.02	5.00	5.36
Dividend Per Share	3.500	3.340	2.970	2.690	2.400	2.100
Dividend Growth	11.46%	12.46%	10.41%	12.08%	14.29%	11.11%
Gross Margin	59.84%	64.01%	62.70%	61.83%	65.87%	67.00%
Operating Margin	24.23%	31.07%	27.29%	23.12%	26.74%	28.55%
Profit Margin	20.45%	26.94%	22.88%	19.00%	21.79%	22.75%
Free Cash Flow Margin	29.28%	28.90%	31.43%	32.68%	32.89%	33.01%
Effective Tax Rate	6.31%	8.13%	11.30%	-4.64%	6.93%	8.26%
EBITDA	4,764	6,166	5,597	2,588	2,058	2,526
EBITDA Margin	45.53%	50.11%	46.58%	35.37%	36.73%	42.16%
Depreciation & Amortization	2,184	2,293	2,297	1,075	553.32	811.25
EBIT	2,580	3,873	3,299	1,514	1,505	1,715
EBIT Margin	24.65%	31.47%	27.46%	20.68%	26.86%	28.62%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).