Analog Devices Inc (ADI)

Gross profit margin

		Nov 2, 2024	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020
Gross profit	US$ in thousands	5,381,340	7,877,220	7,532,470	4,525,010	3,690,480
Revenue	US$ in thousands	9,439,960	12,053,800	11,813,500	6,931,870	5,409,750
Gross profit margin		57.01%	65.35%	63.76%	65.28%	68.22%

November 2, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $5,381,340K ÷ $9,439,960K
= 57.01%

Analog Devices Inc's gross profit margin has exhibited a decreasing trend over the past five years, falling from 68.22% in October 2020 to 57.01% in November 2024. This indicates a decline in the company's ability to generate profits from its core operations after accounting for the cost of goods sold. Factors such as changes in pricing strategies, cost structures, or competitive pressures may have influenced this downward trend. It is important for stakeholders to further investigate the reasons behind this decline and assess the company's overall profitability and operational efficiency.