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Analog DevicesADI +3.34%95 Debt-to-Equity is 0.26 as of Apr. 2026, which is 24% below its 10-year median of 0.34. GuruFocus rates ADI with a GF Score™ of 95/100 and a GF Value™ of $313.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 909 Semiconductors companies, Analog Devices ranks worse than 50.06% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Analog Devices's Debt-to-Equity or its related term are showing as below:
ADI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.34 Max: 1.29
Current: 0.26
During the past 13 years, the highest Debt-to-Equity Ratio of Analog Devices was 1.29. The lowest was 0.17. And the median was 0.34.
ADI's Debt-to-Equity is ranked worse than 50.06% of 909
companies
in the Semiconductors industry
Industry Median: 0.26
vs ADI: 0.26
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Analog Devices Debt-to-Equity Related Terms
Analog Devices Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Analog Devices's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductors subindustry, Analog Devices's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Analog Devices Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Analog Devices's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Analog Devices's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Analog Devices (ADI) has a Debt-to-Equity of 0.26 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Analog Devices and its competitors. This is 24% below median its historical median of 0.34. Over the past decade, Analog Devices' Debt-to-Equity has ranged from 0.17 to 1.29. According to the industry distribution chart, Analog Devices ranks #455 out of 909 companies in the Semiconductors industry, placing it in the top 50.1%.
Is Analog Devices' Debt-to-Equity too high?
Analog Devices' current Debt-to-Equity of 0.26 is 24% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.29. The Semiconductors industry median Debt-to-Equity is 0.26. Analog Devices' value of 0.26 is 0% at this industry median. Based on the distribution chart, Analog Devices ranks #455 out of 909 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Analog Devices has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Analog Devices' Debt-to-Equity compare to QCOM and MRVL?
According to the Semiconductors industry distribution chart, Analog Devices ranks #455 out of 909 companies for Debt-to-Equity. This places Analog Devices in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Analog Devices' value of 0.26 is 0% at this benchmark. Historically, Analog Devices' own Debt-to-Equity has ranged from 0.17 to 1.29 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.26, Analog Devices has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Analog Devices's current Debt-to-Equity of 0.26 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Analog Devices and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analog Devices's current Debt-to-Equity is 0.26, which is 24% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analog Devices stock overvalued right now?
Based on GuruFocus' analysis, Analog Devices (ADI) is currently considered Modestly Overvalued. The stock's GF Value™ is $313.96, compared to a current price of $389.93 — trading 24.2% above its estimated fair value. The current Debt-to-Equity is 0.26, which is 24% below median its 10-year median of 0.34 and 0% at the Semiconductors industry median of 0.26. Analog Devices' overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Analog Devices (ADI), the current Debt-to-Equity is 0.26 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Analog Devices (ADI) Overvalued in 2026?
Based on GuruFocus' analysis, Analog Devices stock appears to be overvalued.
The current stock price of $389.93 is trading 24.2% above its estimated GF Value™ of $313.96.
GuruFocus considers Analog Devices to be Modestly Overvalued.
Key valuation signals for ADI:
Debt-to-Equity: 0.26 (24% below median its 10-year median of 0.34)
GF Value™: $313.96 vs. price of $389.93 (24.2% above fair value)
Industry Position: 0% at the Semiconductors median (#455 of 909)
No single metric tells the full story. See the ADI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
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