Analog Devices, Inc. (ADI) vs International Business Machines Corporation (IBM)
A side-by-side comparison of Analog Devices, Inc. and International Business Machines Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
ADI
Analog Devices, Inc.
$367.41TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT
IBM
International Business Machines Corporation
$223.65TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — ADI vs IBM
growth of $100 · dividends reinvested · last 30yADI +8123.2%IBM +1699.0%ADI compounded faster
ADI IBM
ADI vs IBM: by the numbers
- •IBM is the larger company ($210.71B vs $178.96B market cap).
- •IBM trades at the lower trailing earnings multiple (19.79 vs 54.59 P/E), one valuation lens rather than an overall verdict.
- •ADI converts more revenue to profit (26.01% vs 15.52% net margin).
- •ADI grew revenue faster over the past five years (15.48% vs 1.13% CAGR).
- •IBM pays the higher dividend yield (3.01% vs 1.14%).
Metrics side by side
Valuation
| Metric | ADI | IBM |
|---|---|---|
| P/E ratio | 54.59 | 19.79 |
| Forward P/E | 29.61 | 18.16 |
| P/S ratio | 14.14 | 3.08 |
| P/B ratio | 5.34 | 6.18 |
| PEG ratio | 1.30 | 0.35 |
| EV / EBITDA | 30.54 | 16.74 |
| FCF yield | 2.53% | 6.84% |
Profitability
| Metric | ADI | IBM |
|---|---|---|
| Gross margin | 64.49% | 58.43% |
| Operating margin | 32.50% | 17.86% |
| Net margin | 26.01% | 15.52% |
| ROE | 9.82% | 31.13% |
| ROIC | 5.42% | 10.37% |
Dividends
| Metric | ADI | IBM |
|---|---|---|
| Dividend yield | 1.14% | 3.01% |
| Payout ratio | 91.07% | 59.24% |
Growth (annualized)
| Metric | ADI | IBM |
|---|---|---|
| Revenue CAGR (5Y) | 15.48% | 1.13% |
| EPS CAGR (5Y) | 6.75% | 12.59% |
| FCF CAGR (5Y) | 15.54% | -5.01% |
| Total return CAGR (5Y) | 19.01% | 15.10% |
Frequently asked
- Which has the lower trailing P/E, ADI or IBM?
- IBM has the lower trailing P/E: ADI trades at 54.59 and IBM at 19.79. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ADI or IBM?
- Over the past five years, ADI grew revenue faster — ADI at a 15.48% CAGR versus IBM at 1.13%.
- Does ADI or IBM pay a bigger dividend?
- ADI yields 1.14% and IBM yields 3.01% based on trailing dividends and the latest price.
- Is ADI or IBM more profitable?
- ADI runs the higher net margin — ADI at 26.01% versus IBM at 15.52%.
- How have ADI and IBM total returns compared?
- Over the past 10 years, ADI delivered 21.39% and IBM delivered 8.27% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Analog Devices P/E ratioInternational Business Machines P/E ratioAnalog Devices dividend yieldInternational Business Machines dividend yieldAnalog Devices ROEInternational Business Machines ROEAnalog Devices operating marginInternational Business Machines operating marginAnalog Devices revenue growthInternational Business Machines revenue growthAnalog Devices free cash flowInternational Business Machines free cash flow
Analog Devices & International Business Machines appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 31, 2026.