ADI vs AIP vs TXN Stock Comparison

Analog Devices, Arteris and Texas Instruments Prices as of Oct 27, 2026 Peers: Industry group
ADI Analog Devices Inc
$425.35 +8.1% 1M +75.0% 1Y
Market cap
$206.11B
P/E
50.0x
Revenue (TTM)
$13.88B
Div. yield
1.01%
Semiconductor Manufacturing Technology
3 wins
AIP Arteris, Inc.
$20.95 -12.3% 1M +46.3% 1Y
Market cap
$1.03B
P/E
–
Revenue (TTM)
$84.62M
Div. yield
–
Semiconductor EDA Software Technology
1 win
TXN Texas Instruments Inc
$308.91 +11.1% 1M +82.3% 1Y
Market cap
$282.27B
P/E
39.9x
Revenue (TTM)
$20.77B
Div. yield
1.84%
Semiconductor Manufacturing Technology
8 wins

Head to Head

12 decided of 12

Texas Instruments leads on 8 of the 12 questions below (Texas Instruments 8, Analog Devices 3, Arteris 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADIAIPTXNLeader
Larger companyMarket capitalisation $206.11B $1.03B $282.27B TXN
Cheaper on earningsLower P/E, profitable companies only 50.0x -25.1x 39.9x TXN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 34.5x — 36.0x ADI
Faster revenue growthRevenue growth, trailing twelve months +33.6% +33.8% +20.3% AIP
More profitableNet margin, trailing twelve months 29.8% -46.7% 34.1% TXN
Better return on capitalReturn on invested capital 10.2% -101.1% 22.9% TXN
Less leveragedLower net debt / EBITDA 1.0x 3.3x 0.5x TXN
Higher dividend yieldTrailing dividend yield 1.01% 0.00% 1.84% TXN
Better 1-year returnPrice return, last 12 months +75.0% +46.3% +82.3% TXN
Better 5-year returnAnnualised price return, 5 years +19.8%/yr +3.0%/yr +10.5%/yr ADI
Less volatileAnnualised volatility, 1 year 36.6% 79.2% 41.9% ADI
Higher overall scoreMean of the five percentile scores vs peers 62/100 29/100 69/100 TXN

Percentile Scorecard

ADIAIPTXN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisADIAIPTXN
Valuation 50 #48 of 94 11 #84 of 94 56 #42 of 94
Growth 80 #19 of 92 77 #22 of 92 71 #27 of 92
Profitability 82 #17 of 90 18 #74 of 90 98 #3 of 90
Financial Health 31 #69 of 99 27 #73 of 99 42 #58 of 99
Shareholder Returns 69 #23 of 73 11 #65 of 73 76 #18 of 73
Overall 62 29 69
  • ADI ranked among 103 companies in Semiconductors
  • AIP ranked among 103 companies in Semiconductors
  • TXN ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodADIAIPTXNSPY
1 month +8.1%-12.3%+11.1% -0.2%
3 months +16.3%-27.7%+11.5% +3.9%
6 months +11.0%-18.3%+16.6% +8.2%
Year to date +56.8%+35.2%+78.1% +12.9%
1 year +75.0%+46.3%+82.3% +12.3%
3 years +164.9%+290.1%+115.8% +87.4%
3 years, per year +38.4%+57.5%+29.3% +23.3%
5 years +146.6%+16.0%+64.4% +67.9%
5 years, per year +19.8%+3.0%+10.5% +10.9%
10 years +572.3%—+336.7% +261.1%
10 years, per year +21.0%—+15.9% +13.7%

Risk

MeasureADIAIPTXNSPY
Volatility, 1Y 36.6%79.2%41.9% 12.7%
Downside volatility, 1Y 36.5%81.1%35.4% 12.7%
Beta vs S&P 500, 1Y 1.733.621.49 1.00
Return / volatility, 1Y 2.050.581.96 0.97
Max drawdown, 5Y -32.5%-87.6%-33.9% -25.4%
From 52-week high -4.5%-56.9%-7.0% -1.2%
52-week high $445.48$48.59$332.28 $779.14
52-week low $225.20$12.32$153.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleADIAIPTXN
P/E now vs peer median 50.0xmedian 45.6x -25.1xmedian 45.6x 39.9xmedian 45.6x
P/S now vs peer median 14.8xmedian 7.7x 12.1xmedian 7.7x 13.6xmedian 7.7x
EV/EBITDA now vs peer median 30.8xmedian 29.0x -25.4xmedian 29.0x 26.8xmedian 29.0x
P/FCF now vs peer median 41.7xmedian 40.6x 151.9xmedian 40.6x 38.6xmedian 40.6x
P/B now vs peer median 6.1xmedian 4.6x 15.2xmedian 4.6x 14.7xmedian 4.6x
PEG now vs peer median 11.59median 2.28 -6.64median 2.28 -269.15median 2.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsADIAIPTXN
Revenue $13.88B $84.62M $20.77B
Gross profit $9.13B $74.13M $12.51B
Operating income $4.93B -$40.39M $8.47B
Net income $4.14B -$39.52M $7.11B
Free cash flow $4.94B $6.77M $7.32B
R&D $1.98B $57.09M $2.10B
EPS (diluted) $8.46 $-0.84 $7.68
Cash & equivalents $2.17B $93.27M $4.21B
Total debt $9.12B $3.50M $13.56B
Shares (diluted) 488.84M 47.28M 921.00M
Enterprise value $192.64B $773.89M $257.15B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricADIAIPTXN
P/E 50.0x -25.1x 39.9x
P/FCF 41.7x 151.9x 38.6x
P/Operating cash flow 37.2x 120.8x 28.5x
P/S 14.8x 12.1x 13.6x
P/B 6.1x 15.2x 14.7x
P/Tangible book 7.9x 21.0x 14.9x
EV/EBITDA 30.8x -25.4x 26.8x
EV/EBIT 43.1x -22.5x 34.0x
EV/Revenue 15.3x 10.7x 13.9x
EV/FCF 43.1x 134.4x 39.3x
EV/Operating cash flow 38.4x 106.9x 29.1x
PEG (3Y EPS CAGR) 11.59 -6.64 -269.15

Growth

14 metrics
MetricADIAIPTXN
Revenue growth (1Y) 33.6% 33.8% 20.3%
Revenue CAGR (3Y) 2.6% – 4.7%
Gross profit growth (1Y) 46.2% 30.2% 26.0%
Gross profit CAGR (3Y) 2.9% – 2.3%
Operating income growth (1Y) 93.0% -30.4% 42.8%
Operating income CAGR (3Y) 4.8% – 2.0%
Net income growth (1Y) 111.2% -19.2% 41.0%
Net income CAGR (3Y) 3.3% -6.1% 0.1%
EPS growth (1Y) 114.6% -5.5% 39.9%
EPS CAGR (3Y) 4.3% 3.8% -0.1%
Operating cash flow growth (1Y) 33.2% 850.8% 43.5%
Operating cash flow CAGR (3Y) 5.1% 36.6% 14.8%
Free cash flow growth (1Y) 34.2% 486.2% 251.8%
Free cash flow CAGR (3Y) 10.2% 33.8% 64.4%

Profitability

14 metrics
MetricADIAIPTXN
Gross margin 65.8% 87.6% 60.2%
EBITDA margin 49.8% -42.4% 51.7%
Operating margin 35.5% -47.7% 40.8%
Pretax margin 33.9% -51.7% 39.1%
Net margin 29.8% -46.7% 34.1%
FCF margin 35.6% 8.0% 35.2%
Operating cash flow margin 39.9% 10.1% 47.7%
Return on equity 12.3% -117.0% 38.3%
Return on assets 8.6% -22.5% 19.6%
Return on invested capital 10.2% -101.1% 22.9%
Return on capital employed 11.6% -45.4% 25.4%
Asset turnover 0.3x 0.5x 0.6x
Cash conversion (OCF / net income) 1.3x -0.2x 1.4x
Stock comp / revenue 2.5% 25.3% 2.0%

Financial Health

11 metrics
MetricADIAIPTXN
Debt / assets 18.8% 1.6% 36.8%
Debt / equity 0.3x 0.1x 0.7x
Net debt / EBITDA 1.0x 3.3x 0.5x
Debt / FCF 1.8x 0.5x 1.9x
Liabilities / assets 30.7% 69.9% 47.9%
Equity / assets 69.3% 30.1% 52.1%
Interest coverage 14.1x -236.2x 15.0x
Current ratio 1.3x 1.6x 5.6x
Quick ratio 0.8x 1.5x 3.6x
Cash ratio 0.4x 1.3x 2.7x
Altman Z-score 9.33 2.79 13.43

Shareholder Returns

7 metrics
MetricADIAIPTXN
Dividend yield 1.0% – 1.8%
Net buyback yield 1.5% -7.3% -0.1%
Shareholder yield 2.5% -7.3% 1.8%
Payout ratio (earnings) 49.4% – –
Payout ratio (FCF) 41.4% – –
Dividend growth (1Y) 7.8% – –
Dividend CAGR (3Y) 7.6% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusADIAIPTXN
Forward P/E 34.5xFY2026 – 36.0xFY2026
EPS, next fiscal year $12.33FY2026 $-0.17FY2026 $8.57FY2026
EPS growth, next FY +58.3%FY2026 – +57.2%FY2026
EPS growth, the year after +27.0% – +28.2%
Revenue, next fiscal year $15.85BFY2026 $91.38MFY2026 $23.00BFY2026
Revenue growth, next FY +43.8%FY2026 +29.5%FY2026 +30.1%FY2026
Revenue growth, the year after +19.8% +22.1% +8.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADIAIPTXN
Held by institutions 90.9% 64.9% 89.1%
Institutions holding 2,288 209 2,865
Change in shares held, QoQ +4.5% +14.9% +3.6%
Institutions buying 1,182 163 1,586
Institutions selling 820 40 942
Buyers to sellers 1.44 4.08 1.68

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ADIAIPTXN
ADI 1.00 0.57 0.82
AIP 0.57 1.00 0.45
TXN 0.82 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ADI, AIP and TXN?

Texas Instruments (TXN) is the largest by market capitalisation: Analog Devices (ADI) $206.11B, Arteris (AIP) $1.03B, Texas Instruments (TXN) $282.27B.

Which stock is cheaper, ADI, AIP and TXN?

Texas Instruments (TXN) trades on the lowest price-to-earnings ratio (Analog Devices (ADI) 50.0x, Arteris (AIP) -25.1x, Texas Instruments (TXN) 39.9x). On next year's consensus earnings, Analog Devices (ADI) is cheapest (Analog Devices (ADI) 34.5x, Texas Instruments (TXN) 36.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Arteris (AIP) grew revenue fastest over the trailing twelve months: Analog Devices (ADI) +33.6%, Arteris (AIP) +33.8%, Texas Instruments (TXN) +20.3%.

Which company is more profitable?

Texas Instruments (TXN) has the highest net margin (Analog Devices (ADI) 29.8%, Arteris (AIP) -46.7%, Texas Instruments (TXN) 34.1%). On return on invested capital, Texas Instruments (TXN) leads (Analog Devices (ADI) 10.2%, Arteris (AIP) -101.1%, Texas Instruments (TXN) 22.9%).

Which stock has performed better?

Over the past year Texas Instruments (TXN) returned the most: Analog Devices (ADI) +75.0%, Arteris (AIP) +46.3%, Texas Instruments (TXN) +82.3%. Over five years, Analog Devices (ADI) compounded fastest (Analog Devices (ADI) +19.8%/yr, Arteris (AIP) +3.0%/yr, Texas Instruments (TXN) +10.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Texas Instruments (TXN) has the highest dividend yield: Analog Devices (ADI) 1.01%, Arteris (AIP) 0.00%, Texas Instruments (TXN) 1.84%. Arteris (AIP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Analog Devices (ADI) has been the steadiest (Analog Devices (ADI) 36.6%, Arteris (AIP) 79.2%, Texas Instruments (TXN) 41.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ADI, AIP and TXN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Texas Instruments (TXN) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.