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

Latest as of January 2026: 0.92x

Analog Devices Inc (ADI) has a Free Cash Flow Generation Index of 0.92x as of January 2026. Free cash flow of $1.26 Billion represents 1% of operating cash flow ($1.37 Billion). Read Analog Devices Inc balance sheet liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.92x
Free Cash Flow / Operating CF

Free Cash Flow

$1.26 Billion
USD

Operating Cash Flow

$1.37 Billion
USD

Capital Expenditures

$109.31 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. Explore Analog Devices Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

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

Year-by-year Free Cash Flow Generation Index for Analog Devices Inc. For the full company profile including market capitalisation, see market cap of Analog Devices Inc.

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).