Analog Devices Inc (ADI)

Operating profit margin

		Nov 2, 2024	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020
Operating income	US$ in thousands	2,032,800	3,823,110	3,278,700	1,692,200	1,498,240
Revenue	US$ in thousands	9,439,960	12,053,800	11,813,500	6,931,870	5,409,750
Operating profit margin		21.53%	31.72%	27.75%	24.41%	27.70%

November 2, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,032,800K ÷ $9,439,960K
= 21.53%

Analog Devices Inc's operating profit margin has exhibited some fluctuations over the past five years. The operating profit margin decreased from 27.70% in 2020 to 24.41% in 2021 before rebounding to 27.75% in 2022. However, it then experienced a significant drop to 31.72% in 2023 and further decline to 21.53% in 2024. These fluctuations suggest the company's varying ability to generate profit from its core operations relative to its revenue over the years. Further investigation into the factors influencing these fluctuations would be necessary to fully understand the company's financial performance.