Analog Devices Inc (ADI) — Tangible Net Worth Ratio

Latest as of January 2026: 77.4%

Analog Devices Inc (ADI) has a Tangible Net Worth Ratio of 77.4% as of January 2026. This metric is calculated by deducting intangible assets ($7.63 Billion) from net assets ($33.79 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Analog Devices Inc (ADI) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

77.4%
Tangible equity / total equity

Net Assets (Equity)

$33.79 Billion
USD

Intangible Assets

$7.63 Billion
Goodwill, patents, brand value

Total Assets

$47.99 Billion
USD

Analog Devices Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Analog Devices Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of January 2026, the ratio stands at 77.4%, reflecting net assets of $33.79 Billion with intangible assets of $7.63 Billion USD. See ADI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Analog Devices Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Analog Devices Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Analog Devices Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 76.3% $33.82 Billion $8.01 Billion $47.99 Billion ▲ +3.6 pp
2024 72.8% $35.18 Billion $9.59 Billion $48.23 Billion ▲ +4.6 pp
2023 68.2% $35.57 Billion $11.31 Billion $48.79 Billion ▲ +4.6 pp
2022 63.6% $36.47 Billion $13.27 Billion $50.30 Billion ▲ +3.8 pp
2021 59.8% $37.99 Billion $15.27 Billion $52.32 Billion ▼ -9.8 pp
2020 69.6% $12.00 Billion $3.65 Billion $21.47 Billion ▲ +5.6 pp
2019 64.0% $11.71 Billion $4.22 Billion $21.39 Billion ▲ +6.3 pp
2018 57.6% $11.28 Billion $4.78 Billion $20.45 Billion ▲ +10.0 pp
2017 47.7% $10.16 Billion $5.32 Billion $21.14 Billion ▼ -41.7 pp
2016 89.4% $5.17 Billion $549.37 Million $7.97 Billion ▲ +0.9 pp
2015 88.5% $5.08 Billion $583.52 Million $7.06 Billion ▲ +2.6 pp
2014 85.9% $4.76 Billion $671.40 Million $6.86 Billion ▼ -13.5 pp
2013 99.4% $4.74 Billion $28.55 Million $6.38 Billion ▲ +0.1 pp
2012 99.3% $4.17 Billion $28.77 Million $5.62 Billion ▼ -0.4 pp
2011 99.7% $3.80 Billion $12.20 Million $5.28 Billion ▼ -0.3 pp
2010 100.0% $3.20 Billion $1.34 Million $4.33 Billion ▲ +0.2 pp
2009 99.7% $2.53 Billion $6.86 Million $3.40 Billion ▲ +0.2 pp
2008 99.5% $2.42 Billion $12.30 Million $3.09 Billion ▲ +0.5 pp
2007 99.0% $2.34 Billion $24.15 Million $2.97 Billion ▲ +0.2 pp
2006 98.8% $3.44 Billion $42.81 Million $3.99 Billion ▼ -1.1 pp
2005 99.9% $3.69 Billion $4.20 Million $4.58 Billion ▲ +4.3 pp
2004 95.5% $3.80 Billion $169.38 Million $4.72 Billion ▲ +0.8 pp
2003 94.8% $3.29 Billion $172.02 Million $4.09 Billion ▲ +0.8 pp
2002 94.0% $2.90 Billion $174.64 Million $4.98 Billion ▲ +2.0 pp
2001 91.9% $2.84 Billion $229.33 Million $4.88 Billion ▲ +0.3 pp
2000 91.6% $2.30 Billion $192.70 Million $4.41 Billion ▼ -6.5 pp
1999 98.1% $1.62 Billion $30.60 Million $2.22 Billion ▼ -0.5 pp
1998 98.6% $1.13 Billion $15.80 Million $1.86 Billion ▼ 0.0 pp
1997 98.6% $1.09 Billion $14.80 Million $1.76 Billion ▲ +0.6 pp
1996 98.1% $862.80 Million $16.80 Million $1.52 Billion ▲ +0.7 pp
1995 97.4% $656.00 Million $17.20 Million $1.00 Billion ▲ +1.1 pp
1994 96.3% $521.90 Million $19.30 Million $815.90 Million ▲ +1.2 pp
1993 95.1% $432.00 Million $21.30 Million $678.50 Million ▲ +1.3 pp
1992 93.8% $375.00 Million $23.40 Million $561.90 Million ▲ +1.0 pp
1991 92.7% $354.40 Million $25.80 Million $503.30 Million ▲ +0.2 pp
1990 92.5% $342.70 Million $25.80 Million $487.20 Million ▼ -7.2 pp
1989 99.7% $363.40 Million $1.10 Million $452.50 Million ▲ +0.2 pp
1988 99.5% $341.20 Million $1.70 Million $449.40 Million ▲ +0.3 pp
1987 99.2% $297.50 Million $2.30 Million $397.30 Million ▲ +0.3 pp
1986 99.0% $270.30 Million $2.80 Million $369.00 Million ▲ +0.4 pp
1985 98.6% $237.80 Million $3.40 Million $347.70 Million
pp = percentage points