Analog Devices Inc (ADI)

Gross profit margin

		Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020
Gross profit (ttm)	US$ in thousands	5,381,350	5,611,940	6,262,320	7,226,830	7,877,230	8,373,330	8,454,850	8,254,820	7,532,480	6,511,480	5,689,520	4,881,640	4,525,010	4,426,270	4,177,668	3,887,702	3,690,474	3,609,585	3,634,818	3,822,234
Revenue (ttm)	US$ in thousands	9,285,710	9,487,500	10,182,440	11,300,180	12,053,800	12,591,670	12,643,210	12,366,050	11,809,200	10,683,340	9,383,500	8,122,390	7,048,520	6,456,420	6,153,710	5,809,360	5,554,460	5,469,200	5,493,200	5,702,740
Gross profit margin		57.95%	59.15%	61.50%	63.95%	65.35%	66.50%	66.87%	66.75%	63.78%	60.95%	60.63%	60.10%	64.20%	68.56%	67.89%	66.92%	66.44%	66.00%	66.17%	67.02%

November 2, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,381,350K ÷ $9,285,710K
= 57.95%

Analog Devices Inc's gross profit margin has shown fluctuations over the past few years, ranging from a low of 57.95% to a high of 68.56%. The trend indicates a general downward trajectory from early 2023 to early 2024, with the margin gradually decreasing before showing signs of stabilization in the recent quarters. The company experienced a peak gross profit margin of 68.56% in July 2021 and a low of 57.95% in November 2024. Overall, Analog Devices Inc has maintained a relatively healthy gross profit margin above 60%, indicating strong profitability and effective cost management. However, management should continue to monitor fluctuations and implement strategies to sustain or improve margins over time.