ADI vs. Q: Analog Devices vs. Qnity Electronics Stock Comparison

November 11, 2026

How do Analog Devices (ADI) and Qnity Electronics (Q) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Analog Devices (ADI) and Qnity Electronics (Q) both belong to the Semiconductors & Semiconductor Equipment industry, though ADI is classified under Semiconductors while Q falls under Semiconductor Materials & Equipment.

Analog Devices (ADI) carries decades of public-market history since March 17, 1980, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the ADI side.

Company profile comparison for Analog Devices (ADI) and Qnity Electronics (Q)
Profile Item	ADI	Q
Name	Analog Devices, Inc.	Qnity Electronics Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductor Materials & Equipment
Market Capitalization	176.17 billion USD	24.46 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	March 17, 1980	October 27, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ADI

GSPC

Analog Devices (ADI) vs. Qnity Electronics (Q), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Analog Devices (ADI) and Qnity Electronics (Q). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Analog Devices (ADI) and Qnity Electronics (Q). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
Total Return (1Y)	71.72%	35.04%
Total Return (3Y, Annualized)	34.43%	--
Total Return (5Y, Annualized)	17.89%	--

Risk Profile

Drawdown History

ADI

GSPC

Analog Devices (ADI) vs. Qnity Electronics (Q), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Analog Devices (ADI) and Qnity Electronics (Q). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
Volatility (1Y, Annualized)	38.89%	55.87%
Beta (5Y)	1.26	1.49
Max Drawdown (5Y)	-32.20%	-38.03%
Avg. Volume (3M)	3.74M	1.73M

Risk-Adjusted Performance

Risk-Return Positioning

ADI and Q are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
Sharpe Ratio (1Y)	1.73	0.55
Sortino Ratio (1Y)	2.56	0.80

Profitability

ROE (TTM)

Both Analog Devices (ADI) at 12.23% and Qnity Electronics (Q) at 6.98% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ADI

Semiconductors & Semiconductor Equipment industry group

12.23%

Max: 52.82%
Q3: 22.26%
ADI: 12.23%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Q

Semiconductors & Semiconductor Equipment industry group

6.98%

Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q: 6.98%
Q1: 1.29%
Min: -16.89%

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Analog Devices (ADI) at 29.79% retains a top-quartile share of revenue as profit, ahead of Qnity Electronics (Q) at 10.16%, which keeps about the industry-typical share.

ADI

Semiconductors & Semiconductor Equipment industry group

29.79%

Max: 63.80%
ADI: 29.79%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Q

Semiconductors & Semiconductor Equipment industry group

10.16%

Max: 63.80%
Q3: 28.36%
Median: 11.44%
Q: 10.16%
Q1: 0.90%
Min: -37.77%

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Analog Devices (ADI) at 39.50% operates in the top operating margin quartile, ahead of Qnity Electronics (Q) at 25.00%, which runs around its industry’s norm.

ADI

Semiconductors & Semiconductor Equipment industry group

39.50%

Max: 58.66%
ADI: 39.50%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Q

Semiconductors & Semiconductor Equipment industry group

25.00%

Max: 58.66%
Q3: 30.23%
Q: 25.00%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
ROE (TTM)	12.23%	6.98%
ROA (TTM)	6.41%	5.78%
Net Margin (TTM)	29.79%	10.16%
Operating Margin (TTM)	39.50%	25.00%
Gross Margin (TTM)	65.80%	46.92%

Growth

Revenue Growth

Both Analog Devices (ADI) at 16.89% and Qnity Electronics (Q) at 9.67% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their Revenue Growth across different time periods.

EPS Growth

Analog Devices (ADI) at 39.02% sits in the top EPS growth quartile, while Qnity Electronics (Q) at -0.27% is closer to the peer norm — faster per-share earnings growth for ADI.

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
Revenue Growth (YoY)	16.89%	9.67%
Revenue Growth (3Y CAGR)	-2.84%	-0.01%
EPS Growth (YoY)	39.02%	-0.27%
EPS Growth (3Y CAGR)	-4.59%	--

Financial Strength

Current Ratio (MRQ)

Both Analog Devices (ADI) at 1.25 and Qnity Electronics (Q) at 2.09 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

ADI

Semiconductors & Semiconductor Equipment industry group

1.25

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
ADI: 1.25
Min: 1.03

Q

Semiconductors & Semiconductor Equipment industry group

2.09

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
Q: 2.09
Min: 1.03

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Analog Devices (ADI) at 0.27 and Qnity Electronics (Q) at 0.57 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ADI

Semiconductors & Semiconductor Equipment industry group

0.27

Max: 1.46
Q3: 0.65
ADI: 0.27
Median: 0.27
Q1: 0.04
Min: 0.00

Q

Semiconductors & Semiconductor Equipment industry group

0.57

Max: 1.46
Q3: 0.65
Q: 0.57
Median: 0.27
Q1: 0.04
Min: 0.00

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
Current Ratio (MRQ)	1.25	2.09
Debt / Equity (MRQ)	0.27	0.57
Net Debt / EBITDA	0.99	2.07

Dividends

Dividend Yield (TTM)

Analog Devices (ADI) at 1.19% delivers top-quartile income for its industry, while Qnity Electronics (Q) at 0.27% pays a more typical yield — both are credible income propositions, ADI the richer one.

ADI

Semiconductors & Semiconductor Equipment industry group

1.19%

Max: 1.37%
ADI: 1.19%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Q

Semiconductors & Semiconductor Equipment industry group

0.27%

Max: 1.37%
Q3: 0.65%
Q: 0.27%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Qnity Electronics (Q) at 11.28% pays out a band-typical share of earnings, while Analog Devices (ADI) at 49.64% distributes more than its industry norm — less retained, thinner cover.

ADI

Semiconductors & Semiconductor Equipment industry group

49.64%

ADI: 49.64%
Max: 49.64%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Q

Semiconductors & Semiconductor Equipment industry group

11.28%

Max: 49.64%
Q3: 21.71%
Q: 11.28%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
Dividend Yield (TTM)	1.19%	0.27%
Dividend Payout Ratio (TTM)	49.64%	11.28%

Valuation

P/E Ratio (TTM)

Both Analog Devices (ADI) at 43.18 and Qnity Electronics (Q) at 43.98 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ADI

Semiconductors & Semiconductor Equipment industry group

43.18

Max: 110.34
Q3: 66.81
ADI: 43.18
Median: 37.02
Q1: 23.96
Min: 8.12

Q

Semiconductors & Semiconductor Equipment industry group

43.98

Max: 110.34
Q3: 66.81
Q: 43.98
Median: 37.02
Q1: 23.96
Min: 8.12

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Qnity Electronics (Q) at 4.46 is priced about in line with its industry on P/S ratio, while Analog Devices (ADI) at 12.69 sits in the pricier quartile — ADI costs more per dollar of sales.

ADI

Semiconductors & Semiconductor Equipment industry group

12.69

Max: 21.42
ADI: 12.69
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

Q

Semiconductors & Semiconductor Equipment industry group

4.46

Max: 21.42
Q3: 12.27
Median: 5.76
Q: 4.46
Q1: 2.73
Min: 0.00

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Analog Devices (ADI) at 5.25 and Qnity Electronics (Q) at 3.22 are valued close to their industries’ norm against book — neither stands out from peers.

ADI

Semiconductors & Semiconductor Equipment industry group

5.25

Max: 14.06
Q3: 7.44
ADI: 5.25
Median: 4.29
Q1: 2.30
Min: 0.20

Q

Semiconductors & Semiconductor Equipment industry group

3.22

Max: 14.06
Q3: 7.44
Median: 4.29
Q: 3.22
Q1: 2.30
Min: 0.20

Analog Devices (ADI) vs. Qnity Electronics (Q): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Analog Devices (ADI) and Qnity Electronics (Q)
Metric	ADI	Q
P/E Ratio (TTM)	43.18	43.98
P/S Ratio (TTM)	12.69	4.46
P/B Ratio (MRQ)	5.25	3.22
Free Cash Flow Yield (TTM)	2.35%	2.85%