Analog Devices (ADI) Return on Capital Employed [ROCE] (2009 - 2026)
Analog Devices' Return on Capital Employed [ROCE] was 11.60% in fiscal Q3 2026 (quarter ended Aug 1, 2026), up 5.89 percentage points from 5.71% a year earlier and up 2.09 percentage points from the prior quarter.
Analog Devices (ADI) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 1, 2025), Return on Capital Employed [ROCE] at Analog Devices came in at 6.54%, up 2.07 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -0.93 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Capital Employed [ROCE] was 4.47% in FY2024 (-3.78 pp), 8.25% in FY2023 (+1.54 pp), 6.71% in FY2022 (+1.75 pp) and 4.96% in FY2021 (-2.51 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since fiscal Q1 2017.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for five straight quarters, with an average year-over-year change of +1.23 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was fiscal Q3 2026 (a gain of 5.89 percentage points); the worst was fiscal Q3 2022 (a drop of 6.19 percentage points).
- Per Business Quant data, ADI's Return on Capital Employed [ROCE] in the three fiscal quarters before Q3 2026 was 9.51% (Q2 2026), 7.87% (Q1 2026) and 6.54% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 80.04% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 8.47% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 26.30% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.27% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 50.54% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 28.98% |
| 10 | Analog Devices | 202.14 Bn | 188.67 Bn | 2.71 Bn | 11.60% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 11.60% |
| May 2, 2026 | 9.51% |
| Jan 31, 2026 | 7.87% |
| Nov 1, 2025 | 6.54% |
| Aug 2, 2025 | 5.71% |
| May 3, 2025 | 4.96% |
| Feb 1, 2025 | 4.29% |
| Nov 2, 2024 | 4.47% |
| Aug 3, 2024 | 4.61% |
| May 4, 2024 | 5.59% |
| Feb 3, 2024 | 7.18% |
| Oct 28, 2023 | 8.33% |
| Jul 29, 2023 | 9.21% |
| Apr 29, 2023 | 9.01% |
| Jan 28, 2023 | 8.46% |
| Oct 29, 2022 | 6.85% |
| Jul 30, 2022 | 4.73% |
| Apr 30, 2022 | 4.09% |
| Jan 29, 2022 | 3.22% |
| Oct 30, 2021 | 4.95% |
Analog Devices Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ADI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ADI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ADI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();