Analog Devices, Inc. (ADI) vs International Business Machines Corporation (IBM)
IBM leads on 10 of 17 compared metrics.
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 June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ADI
Analog Devices, Inc.
$417.79Technology
IBM
International Business Machines Corporation
$272.24Technology
Total return — ADI vs IBM
growth of $100 · last 30yADI +4185.0%IBM +1012.1%ADI compounded faster
ADI IBM
ADI vs IBM: by the numbers
- •IBM is the larger company ($255.87B vs $203.50B market cap).
- •IBM trades at the lower earnings multiple (24.07 vs 62.08 P/E).
- •ADI converts more revenue to profit (26.01% vs 15.61% net margin).
- •ADI grew revenue faster over the past five years (15.48% vs -0.09% CAGR).
- •IBM pays the higher dividend yield (2.47% vs 1.00%).
Which is better, ADI or IBM?
Metric tally: ADI 7 · IBM 10It depends on what you're optimizing for:
ValueIBM(lower P/E)
GrowthADI(faster 5Y revenue CAGR)
IncomeIBM(higher dividend yield)
QualityIBM(higher ROIC)
Metrics side by side
Valuation
| Metric | ADI | IBM |
|---|---|---|
| P/E ratio | 62.08 | 24.07● |
| Forward P/E | 34.04 | 20.33● |
| P/S ratio | 16.08 | 3.76● |
| P/B ratio | 6.07● | 7.86 |
| PEG ratio | 1.31 | 0.35● |
| EV / EBITDA | 33.91 | 19.49● |
| FCF yield | 2.23% | 5.05%● |
Profitability
| Metric | ADI | IBM |
|---|---|---|
| Gross margin | 64.49%● | 58.97% |
| Operating margin | 32.50%● | 16.36% |
| Net margin | 26.01%● | 15.61% |
| ROE | 9.82% | 32.61%● |
| ROIC | 5.42% | 8.57%● |
Dividends
| Metric | ADI | IBM |
|---|---|---|
| Dividend yield | 1.00% | 2.47%● |
| Payout ratio | 91.07% | 59.24% |
Growth (annualized)
| Metric | ADI | IBM |
|---|---|---|
| Revenue CAGR (5Y) | 15.48%● | -0.09% |
| EPS CAGR (5Y) | 6.75% | 12.59%● |
| FCF CAGR (5Y) | 15.54%● | -3.35% |
| Total return CAGR (5Y) | 22.09%● | 18.04% |
Frequently asked
- Which is better, ADI or IBM?
- It depends on your goal. value: IBM (lower P/E); growth: ADI (faster 5Y revenue CAGR); income: IBM (higher dividend yield); quality: IBM (higher ROIC). Across all compared metrics, IBM leads 10 to 7.
- Is ADI or IBM cheaper?
- On trailing earnings, IBM is cheaper: ADI trades at a 62.08 P/E and IBM at 24.07.
- 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 -0.09%.
- Does ADI or IBM pay a bigger dividend?
- ADI yields 1.00% and IBM yields 2.47% 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 15.61%.
- Which has been the better investment, ADI or IBM?
- Over the past 10-year, ADI delivered the higher annualized total return — ADI at 24.36% versus IBM at 11.01%. 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 June 15, 2026.