Analog Devices (ADI) Tax Rate (2009 - 2026)
Analog Devices (ADI) posted Tax Rate of 13.31% for fiscal Q3 2026 (quarter ended Aug 1, 2026), down 18.77 percentage points from 32.08% a year earlier but up 2.10 percentage points from the prior quarter.
Analog Devices (ADI) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 1, 2026, Tax Rate at Analog Devices was 12.09%, down 4.29 percentage points year-over-year; for FY2025 (ended Nov 1, 2025), it was 16.40%, up 8.41 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +9.47 percentage points (FY2020 to FY2025).
- In prior fiscal years, Analog Devices' Tax Rate was 7.99% in FY2024 (-0.14 pp), 8.13% in FY2023 (-3.17 pp), 11.30% in FY2022 (+15.95 pp) and -4.64% in FY2021 (-11.57 pp).
- Quarterly Tax Rate has run from a low of -0.25% in fiscal Q3 2023 to a high of 148.47% in fiscal Q4 2021 over five years.
- On a year-over-year basis, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +1.38 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q4 2021, with a gain of 141.09 percentage points; the weakest was fiscal Q4 2022, with a drop of 137.80 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 11.21% (Q2 2026), 12.16% (Q1 2026) and 11.21% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 12.69% |
| 10 | Analog Devices | 202.14 Bn | 188.67 Bn | 2.71 Bn | 13.31% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 13.31% |
| May 2, 2026 | 11.21% |
| Jan 31, 2026 | 12.16% |
| Nov 1, 2025 | 11.21% |
| Aug 2, 2025 | 32.08% |
| May 3, 2025 | 8.97% |
| Feb 1, 2025 | 10.16% |
| Nov 2, 2024 | 7.41% |
| Aug 3, 2024 | 7.27% |
| May 4, 2024 | 6.89% |
| Feb 3, 2024 | 9.87% |
| Oct 28, 2023 | 12.83% |
| Apr 29, 2023 | 10.14% |
| Jan 28, 2023 | 10.43% |
| Oct 29, 2022 | 10.67% |
| Jul 30, 2022 | 11.67% |
| Apr 30, 2022 | 10.92% |
| Jan 29, 2022 | 13.44% |
| Jul 31, 2021 | 12.05% |
| May 1, 2021 | 11.15% |
Analog Devices Tax Rate 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=tax-rate&ticker=ADI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ADI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();