ADI vs. TSEM: Analog Devices vs. Tower Semiconductor Stock Comparison

November 11, 2026

How do Analog Devices (ADI) and Tower Semiconductor (TSEM) 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 Tower Semiconductor (TSEM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Profile Item	ADI	TSEM
Name	Analog Devices, Inc.	Tower Semiconductor Ltd.
Country/Region	United States	Israel
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	Semiconductors
Market Capitalization	176.17 billion USD	15.59 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 17, 1980	October 26, 1994
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ADI

TSEM

GSPC

Analog Devices (ADI) vs. Tower Semiconductor (TSEM), 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 Tower Semiconductor (TSEM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Metric	ADI	TSEM
Total Return (1Y)	71.72%	78.71%
Total Return (3Y, Annualized)	34.43%	83.79%
Total Return (5Y, Annualized)	17.89%	32.56%

Risk Profile

Drawdown History

ADI

TSEM

GSPC

Analog Devices (ADI) vs. Tower Semiconductor (TSEM), 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 Tower Semiconductor (TSEM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Metric	ADI	TSEM
Volatility (1Y, Annualized)	38.89%	84.90%
Beta (5Y)	1.26	0.99
Max Drawdown (5Y)	-32.20%	-58.66%
Avg. Volume (3M)	3.74M	2.22M

Risk-Adjusted Performance

Risk-Return Positioning

ADI and TSEM 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 Tower Semiconductor (TSEM)
Metric	ADI	TSEM
Sharpe Ratio (1Y)	1.73	0.88
Sortino Ratio (1Y)	2.56	1.32

Profitability

ROE (TTM)

Both Analog Devices (ADI) at 12.23% and Tower Semiconductor (TSEM) at 11.86% 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%

TSEM

Semiconductors & Semiconductor Equipment industry group

11.86%

Max: 52.82%
Q3: 22.26%
TSEM: 11.86%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Analog Devices (ADI) vs. Tower Semiconductor (TSEM): 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 Tower Semiconductor (TSEM) at 19.36%, 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%

TSEM

Semiconductors & Semiconductor Equipment industry group

19.36%

Max: 63.80%
Q3: 28.36%
TSEM: 19.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Analog Devices (ADI) vs. Tower Semiconductor (TSEM): 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 Tower Semiconductor (TSEM) at 24.16%, 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%

TSEM

Semiconductors & Semiconductor Equipment industry group

24.16%

Max: 58.66%
Q3: 30.23%
TSEM: 24.16%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

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

Profitability Metrics

Profitability metrics for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Metric	ADI	TSEM
ROE (TTM)	12.23%	11.86%
ROA (TTM)	6.41%	6.07%
Net Margin (TTM)	29.79%	19.36%
Operating Margin (TTM)	39.50%	24.16%
Gross Margin (TTM)	65.80%	29.62%

Growth

Revenue Growth

Both Analog Devices (ADI) at 16.89% and Tower Semiconductor (TSEM) at 9.05% 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. Tower Semiconductor (TSEM): 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 Tower Semiconductor (TSEM) at 4.86% is closer to the peer norm — faster per-share earnings growth for ADI.

Analog Devices (ADI) vs. Tower Semiconductor (TSEM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Metric	ADI	TSEM
Revenue Growth (YoY)	16.89%	9.05%
Revenue Growth (3Y CAGR)	-2.84%	-2.27%
EPS Growth (YoY)	39.02%	4.86%
EPS Growth (3Y CAGR)	-4.59%	-6.72%

Financial Strength

Current Ratio (MRQ)

Tower Semiconductor (TSEM) at 3.72 keeps current ratio within its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADI.

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

TSEM

Semiconductors & Semiconductor Equipment industry group

3.72

Max: 10.33
Q3: 5.62
TSEM: 3.72
Median: 3.33
Q1: 2.35
Min: 1.03

Analog Devices (ADI) vs. Tower Semiconductor (TSEM): 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 Tower Semiconductor (TSEM) at 0.05 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

TSEM

Semiconductors & Semiconductor Equipment industry group

0.05

Max: 1.46
Q3: 0.65
Median: 0.27
TSEM: 0.05
Q1: 0.04
Min: 0.00

Analog Devices (ADI) vs. Tower Semiconductor (TSEM): 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 Tower Semiconductor (TSEM)
Metric	ADI	TSEM
Current Ratio (MRQ)	1.25	3.72
Debt / Equity (MRQ)	0.27	0.05
Net Debt / EBITDA	0.99	-1.92

Dividends

Dividend Yield (TTM)

Tower Semiconductor (TSEM) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a yield of 1.19%, ranking against industry peers normally.

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%

TSEM

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
TSEM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Tower Semiconductor (TSEM) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a payout of 49.64%, ranking against industry peers normally.

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%

TSEM

Semiconductors & Semiconductor Equipment industry group

0.00%

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

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

Dividend Metrics

Dividend metrics for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Metric	ADI	TSEM
Dividend Yield (TTM)	1.19%	0.00%
Dividend Payout Ratio (TTM)	49.64%	0.00%

Valuation

P/E Ratio (TTM)

Both Analog Devices (ADI) at 43.18 and Tower Semiconductor (TSEM) at 44.16 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

TSEM

Semiconductors & Semiconductor Equipment industry group

44.16

Max: 110.34
Q3: 66.81
TSEM: 44.16
Median: 37.02
Q1: 23.96
Min: 8.12

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

P/S Ratio (TTM)

Tower Semiconductor (TSEM) at 8.47 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

TSEM

Semiconductors & Semiconductor Equipment industry group

8.47

Max: 21.42
Q3: 12.27
TSEM: 8.47
Median: 5.76
Q1: 2.73
Min: 0.00

Analog Devices (ADI) vs. Tower Semiconductor (TSEM): 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 Tower Semiconductor (TSEM) at 4.85 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

TSEM

Semiconductors & Semiconductor Equipment industry group

4.85

Max: 14.06
Q3: 7.44
TSEM: 4.85
Median: 4.29
Q1: 2.30
Min: 0.20

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

Valuation Metrics

Valuation metrics for Analog Devices (ADI) and Tower Semiconductor (TSEM)
Metric	ADI	TSEM
P/E Ratio (TTM)	43.18	44.16
P/S Ratio (TTM)	12.69	8.47
P/B Ratio (MRQ)	5.25	4.85
Free Cash Flow Yield (TTM)	2.35%	1.59%