Analog Devices (ADI) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 67.3%
EBITDA Margin: 38.1%
Op. Margin: 38.1%
Net Margin: 32.5%

Op. margin of 38.1% is up 12.4% YoY — cost efficiency is improving. Net margin at 32.5% and gross margin of 67.3% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit