Analog Devices Inc (ADI) — Free Cash Flow Generation Index

Latest as of July 2026: 0.91x

Analog Devices Inc (ADI) has a Free Cash Flow Generation Index of 0.91x as of July 2026. Free cash flow of $1.46 Billion represents 1% of operating cash flow ($1.60 Billion). Explore how much does Analog Devices Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.91x
Free Cash Flow / Operating CF

Free Cash Flow

$1.46 Billion
USD

Operating Cash Flow

$1.60 Billion
USD

Capital Expenditures

$145.66 Million
USD

Analog Devices Inc Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for Analog Devices Inc across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Analog Devices Inc.

Annual Free Cash Flow Generation for Analog Devices Inc (1989–2025)

Year-by-year Free Cash Flow Generation Index for Analog Devices Inc. Check ADI capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.89x $4.28 Billion $4.81 Billion $533.55 Million ▲ +9.7%
2024 0.81x $3.12 Billion $3.85 Billion $730.46 Million ▲ +9.8%
2023 0.74x $3.56 Billion $4.82 Billion $1.26 Billion ▼ -12.5%
2022 0.84x $3.78 Billion $4.48 Billion $699.31 Million ▼ -3.5%
2021 0.87x $2.39 Billion $2.74 Billion $343.68 Million ▼ -4.7%
2020 0.92x $1.84 Billion $2.01 Billion $165.69 Million ▲ +4.5%
2019 0.88x $1.98 Billion $2.25 Billion $275.37 Million ▼ -2.0%
2018 0.90x $2.19 Billion $2.44 Billion $254.88 Million ▲ +9.7%
2017 0.82x $908.49 Million $1.11 Billion $204.10 Million ▼ -9.3%
2016 0.90x $1.15 Billion $1.28 Billion $127.40 Million ▲ +8.4%
2015 0.83x $753.84 Million $907.80 Million $153.96 Million ▲ +4.3%
2014 0.80x $693.69 Million $871.60 Million $177.91 Million ▼ -8.0%
2013 0.87x $789.27 Million $912.35 Million $123.07 Million ▲ +3.3%
2012 0.84x $682.37 Million $814.54 Million $132.18 Million ▼ -3.0%
2011 0.86x $777.53 Million $900.53 Million $123.00 Million ▼ -2.7%
2010 0.89x $879.62 Million $991.17 Million $111.56 Million ▲ +2.0%
2009 0.87x $376.05 Million $432.15 Million $56.09 Million ▲ +13.8%
2008 0.76x $511.96 Million $669.37 Million $157.41 Million ▼ -7.5%
2007 0.83x $678.55 Million $820.37 Million $141.81 Million ▲ +4.5%
2006 0.79x $491.81 Million $621.10 Million $129.30 Million ▼ -9.3%
2005 0.87x $587.25 Million $672.70 Million $85.46 Million ▲ +7.5%
2004 0.81x $631.80 Million $778.04 Million $146.25 Million ▼ -3.7%
2003 0.84x $365.23 Million $432.96 Million $67.73 Million ▲ +13.1%
2002 0.75x $168.71 Million $226.13 Million $57.41 Million ▲ +15.2%
2001 0.65x $546.38 Million $843.61 Million $297.24 Million ▲ +6.2%
2000 0.61x $429.67 Million $704.50 Million $274.84 Million ▼ -25.5%
1999 0.82x $349.80 Million $427.30 Million $77.50 Million ▲ +218.2%
1998 0.26x $57.80 Million $224.70 Million $166.90 Million ▼ -35.1%
1997 0.40x $117.80 Million $297.20 Million $179.40 Million ▲ +163.0%
1996 -0.63x $-90.40 Million $143.70 Million $234.10 Million ▼ -5412.4%
1995 -0.01x $-2.40 Million $210.30 Million $212.70 Million ▼ -102.3%
1994 0.50x $92.50 Million $183.30 Million $90.80 Million ▲ +102.5%
1993 0.25x $22.30 Million $89.50 Million $67.20 Million ▲ +125.9%
1992 -0.96x $-32.20 Million $33.50 Million $65.70 Million ▼ -3670.8%
1991 -0.03x $-1.30 Million $51.00 Million $52.30 Million ▼ -104.8%
1990 0.54x $44.00 Million $82.20 Million $38.20 Million ▲ +70.2%
1989 0.31x $23.40 Million $74.40 Million $51.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).