ADI vs ARM vs SNPS Stock Comparison

Analog Devices, Arm Holdings and Synopsys 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
7 wins
ARM Arm Holdings Plc /Uk
$226.60 -27.0% 1M +26.9% 1Y
Market cap
$240.42B
P/E
230.3x
Revenue (TTM)
$5.16B
Div. yield
–
Semiconductor Design Technology
2 wins
SNPS Synopsys Inc
$474.42 +11.4% 1M +1.9% 1Y
Market cap
$90.90B
P/E
69.8x
Revenue (TTM)
$8.88B
Div. yield
–
Semiconductor EDA Software Technology
2 wins

Head to Head

11 decided of 12

Analog Devices leads on 7 of the 12 questions below (Analog Devices 7, Arm Holdings 2, Synopsys 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADIARMSNPSLeader
Larger companyMarket capitalisation $206.11B $240.42B $90.90B ARM
Cheaper on earningsLower P/E, profitable companies only 50.0x 230.3x 69.8x ADI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 34.5x 109.5x 32.6x SNPS
Faster revenue growthRevenue growth, trailing twelve months +33.6% +25.1% +38.0% SNPS
More profitableNet margin, trailing twelve months 29.8% 20.2% 14.7% ADI
Better return on capitalReturn on invested capital 10.2% — 1.8% ADI
Less leveragedLower net debt / EBITDA 1.0x — 2.8x ADI
Higher dividend yieldTrailing dividend yield 1.01% — — –
Better 1-year returnPrice return, last 12 months +75.0% +26.9% +1.9% ADI
Better 5-year returnAnnualised price return, 5 years +19.8%/yr — +7.7%/yr ADI
Less volatileAnnualised volatility, 1 year 36.6% 78.9% 44.7% ADI
Higher overall scoreMean of the five percentile scores vs peers 62/100 62/100 39/100 ARM

Percentile Scorecard

ADIARMSNPS

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

AxisADIARMSNPS
Valuation 50 #48 of 94 8 #87 of 94 42 #55 of 94
Growth 80 #19 of 92 88 #12 of 92 48 #48 of 92
Profitability 82 #17 of 90 78 #21 of 90 47 #48 of 90
Financial Health 31 #69 of 99 77 #24 of 99 18 #81 of 99
Shareholder Returns 69 #23 of 73 – –
Overall 62 62 39
  • ADI ranked among 103 companies in Semiconductors
  • ARM ranked among 103 companies in Semiconductors
  • SNPS ranked among 103 companies in Semiconductors

Price Performance

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

Returns

PeriodADIARMSNPSSPY
1 month +8.1%-27.0%+11.4% -0.2%
3 months +16.3%-7.4%+23.6% +3.9%
6 months +11.0%+14.1%-2.0% +8.2%
Year to date +56.8%+107.3%+1.0% +12.9%
1 year +75.0%+26.9%+1.9% +12.3%
3 years +164.9%+361.6%+3.8% +87.4%
3 years, per year +38.4%+66.6%+1.3% +23.3%
5 years +146.6%—+45.2% +67.9%
5 years, per year +19.8%—+7.7% +10.9%
10 years +572.3%—+713.3% +261.1%
10 years, per year +21.0%—+23.3% +13.7%

Risk

MeasureADIARMSNPSSPY
Volatility, 1Y 36.6%78.9%44.7% 12.7%
Downside volatility, 1Y 36.5%71.2%42.7% 12.7%
Beta vs S&P 500, 1Y 1.733.461.68 1.00
Return / volatility, 1Y 2.050.340.04 0.97
Max drawdown, 5Y -32.5%-54.0%-42.3% -25.4%
From 52-week high -4.5%-48.4%-11.3% -1.2%
52-week high $445.48$439.46$534.56 $779.14
52-week low $225.20$104.55$372.33 $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.

MultipleADIARMSNPS
P/E now vs peer median 50.0xmedian 45.6x 230.3xmedian 45.6x 69.8xmedian 45.6x
P/S now vs peer median 14.8xmedian 7.7x 46.6xmedian 7.7x 10.2xmedian 7.7x
EV/EBITDA now vs peer median 30.8xmedian 29.0x 204.3xmedian 29.0x 42.1xmedian 29.0x
P/FCF now vs peer median 41.7xmedian 40.6x 119.5xmedian 40.6x —median 40.6x
P/B now vs peer median 6.1xmedian 4.6x 27.9xmedian 4.6x 2.9xmedian 4.6x
PEG now vs peer median 11.59median 2.28 6.49median 2.28 147.37median 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 monthsADIARMSNPS
Revenue $13.88B $5.16B $8.88B
Gross profit $9.13B $5.03B $6.53B
Operating income $4.93B $877.00M $847.20M
Net income $4.14B $1.04B $1.30B
Free cash flow $4.94B $2.01B –
R&D $1.98B $2.96B $2.81B
EPS (diluted) $8.46 $0.98 $6.77
Cash & equivalents $2.17B $3.06B $3.61B
Total debt $9.12B – $10.04B
Shares (diluted) 488.84M 1.07B 192.32M
Enterprise value $192.64B $226.13B $87.29B

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
MetricADIARMSNPS
P/E 50.0x 230.3x 69.8x
P/FCF 41.7x 119.5x –
P/Operating cash flow 37.2x 114.8x –
P/S 14.8x 46.6x 10.2x
P/B 6.1x 27.9x 2.9x
P/Tangible book 7.9x 28.6x 4.6x
EV/EBITDA 30.8x 204.3x 42.1x
EV/EBIT 43.1x 269.7x 114.9x
EV/Revenue 15.3x 45.9x 11.0x
EV/FCF 43.1x 117.6x –
EV/Operating cash flow 38.4x 113.0x –
PEG (3Y EPS CAGR) 11.59 6.49 147.37

Growth

14 metrics
MetricADIARMSNPS
Revenue growth (1Y) 33.6% 25.1% 38.0%
Revenue CAGR (3Y) 2.6% 24.7% 22.8%
Gross profit growth (1Y) 46.2% 25.6% 28.2%
Gross profit CAGR (3Y) 2.9% 25.4% 18.9%
Operating income growth (1Y) 93.0% 14.9% -23.3%
Operating income CAGR (3Y) 4.8% 21.6% -7.0%
Net income growth (1Y) 111.2% 49.4% -34.9%
Net income CAGR (3Y) 3.3% 37.2% 8.0%
EPS growth (1Y) 114.6% 48.7% -45.2%
EPS CAGR (3Y) 4.3% 35.5% 0.5%
Operating cash flow growth (1Y) 33.2% 105.5% –
Operating cash flow CAGR (3Y) 5.1% 34.7% –
Free cash flow growth (1Y) 34.2% 121.8% –
Free cash flow CAGR (3Y) 10.2% 33.3% –

Profitability

14 metrics
MetricADIARMSNPS
Gross margin 65.8% 97.5% 73.5%
EBITDA margin 49.8% 22.5% 26.0%
Operating margin 35.5% 17.0% 9.5%
Pretax margin 33.9% 24.5% 16.5%
Net margin 29.8% 20.2% 14.7%
FCF margin 35.6% 39.0% –
Operating cash flow margin 39.9% 40.6% –
Return on equity 12.3% 16.3% 4.2%
Return on assets 8.6% 12.6% 2.7%
Return on invested capital 10.2% – 1.8%
Return on capital employed 11.6% 9.0% 2.0%
Asset turnover 0.3x 0.5x 0.2x
Cash conversion (OCF / net income) 1.3x 2.0x –
Stock comp / revenue 2.5% 22.4% –

Financial Health

11 metrics
MetricADIARMSNPS
Debt / assets 18.8% – 21.0%
Debt / equity 0.3x – 0.3x
Net debt / EBITDA 1.0x – 2.8x
Debt / FCF 1.8x – –
Liabilities / assets 30.7% 22.9% 34.7%
Equity / assets 69.3% 77.1% 65.3%
Interest coverage 14.1x – 1.3x
Current ratio 1.3x 5.3x 1.3x
Quick ratio 0.8x 4.9x 1.0x
Cash ratio 0.4x 3.2x 0.7x
Altman Z-score 9.33 58.08 3.90

Shareholder Returns

7 metrics
MetricADIARMSNPS
Dividend yield 1.0% – –
Net buyback yield 1.5% – –
Shareholder yield 2.5% – –
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.

ConsensusADIARMSNPS
Forward P/E 34.5xFY2026 109.5xFY2026 32.6xFY2026
EPS, next fiscal year $12.33FY2026 $2.07FY2026 $14.56FY2026
EPS growth, next FY +58.3%FY2026 +16.9%FY2026 +12.8%FY2026
EPS growth, the year after +27.0% +49.8% +21.4%
Revenue, next fiscal year $15.85BFY2026 $5.71BFY2026 $10.20BFY2026
Revenue growth, next FY +43.8%FY2026 +16.0%FY2026 +44.6%FY2026
Revenue growth, the year after +19.8% +38.7% +12.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADIARMSNPS
Held by institutions 90.9% 9.3% 92.3%
Institutions holding 2,288 955 1,440
Change in shares held, QoQ +4.5% +12.4% +5.6%
Institutions buying 1,182 593 772
Institutions selling 820 257 493
Buyers to sellers 1.44 2.31 1.57

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.

ADIARMSNPS
ADI 1.00 0.46 0.34
ARM 0.46 1.00 0.35
SNPS 0.34 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ADI, ARM and SNPS?

Arm Holdings (ARM) is the largest by market capitalisation: Analog Devices (ADI) $206.11B, Arm Holdings (ARM) $240.42B, Synopsys (SNPS) $90.90B.

Which stock is cheaper, ADI, ARM and SNPS?

Analog Devices (ADI) trades on the lowest price-to-earnings ratio (Analog Devices (ADI) 50.0x, Arm Holdings (ARM) 230.3x, Synopsys (SNPS) 69.8x). On next year's consensus earnings, Synopsys (SNPS) is cheapest (Analog Devices (ADI) 34.5x, Arm Holdings (ARM) 109.5x, Synopsys (SNPS) 32.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Synopsys (SNPS) grew revenue fastest over the trailing twelve months: Analog Devices (ADI) +33.6%, Arm Holdings (ARM) +25.1%, Synopsys (SNPS) +38.0%.

Which company is more profitable?

Analog Devices (ADI) has the highest net margin (Analog Devices (ADI) 29.8%, Arm Holdings (ARM) 20.2%, Synopsys (SNPS) 14.7%). On return on invested capital, Analog Devices (ADI) leads (Analog Devices (ADI) 10.2%, Synopsys (SNPS) 1.8%).

Which stock has performed better?

Over the past year Analog Devices (ADI) returned the most: Analog Devices (ADI) +75.0%, Arm Holdings (ARM) +26.9%, Synopsys (SNPS) +1.9%. Over five years, Analog Devices (ADI) compounded fastest (Analog Devices (ADI) +19.8%/yr, Synopsys (SNPS) +7.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Analog Devices (ADI) 1.01%. Arm Holdings (ARM) and Synopsys (SNPS) 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%, Arm Holdings (ARM) 78.9%, Synopsys (SNPS) 44.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ADI, ARM and SNPS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Analog Devices (ADI) leads on 7. 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.