ADI vs. UMC: Analog Devices vs. United Microelectronics Stock Comparison

November 11, 2026

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

Analog Devices (ADI) trades as ordinary local shares, while United Microelectronics (UMC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Analog Devices (ADI) and United Microelectronics (UMC)
Profile Item	ADI	UMC
Name	Analog Devices, Inc.	United Microelectronics Corp. ADR
Country/Region	United States	Taiwan
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	34.73 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	March 17, 1980	September 19, 2000
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

ADI

UMC

GSPC

Analog Devices (ADI) vs. United Microelectronics (UMC), 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 United Microelectronics (UMC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Analog Devices (ADI) and United Microelectronics (UMC)
Metric	ADI	UMC
Total Return (1Y)	71.72%	102.63%
Total Return (3Y, Annualized)	34.43%	31.57%
Total Return (5Y, Annualized)	17.89%	11.51%

Risk Profile

Drawdown History

ADI

UMC

GSPC

Analog Devices (ADI) vs. United Microelectronics (UMC), 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 United Microelectronics (UMC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Analog Devices (ADI) and United Microelectronics (UMC)
Metric	ADI	UMC
Volatility (1Y, Annualized)	38.89%	67.94%
Beta (5Y)	1.26	1.77
Max Drawdown (5Y)	-32.20%	-54.30%
Avg. Volume (3M)	3.74M	11.82M

Risk-Adjusted Performance

Risk-Return Positioning

ADI and UMC 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 United Microelectronics (UMC)
Metric	ADI	UMC
Sharpe Ratio (1Y)	1.73	1.45
Sortino Ratio (1Y)	2.56	2.35

Profitability

ROE (TTM)

Both Analog Devices (ADI) at 12.23% and United Microelectronics (UMC) at 20.37% 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%

UMC

Semiconductors & Semiconductor Equipment industry group

20.37%

Max: 52.82%
Q3: 22.26%
UMC: 20.37%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Analog Devices (ADI) vs. United Microelectronics (UMC): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Analog Devices (ADI) at 29.79% and United Microelectronics (UMC) at 31.95% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

UMC

Semiconductors & Semiconductor Equipment industry group

31.95%

Max: 63.80%
UMC: 31.95%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Analog Devices (ADI) vs. United Microelectronics (UMC): 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 United Microelectronics (UMC) at 25.09%, 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%

UMC

Semiconductors & Semiconductor Equipment industry group

25.09%

Max: 58.66%
Q3: 30.23%
UMC: 25.09%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

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

Profitability Metrics

Profitability metrics for Analog Devices (ADI) and United Microelectronics (UMC)
Metric	ADI	UMC
ROE (TTM)	12.23%	20.37%
ROA (TTM)	6.41%	5.79%
Net Margin (TTM)	29.79%	31.95%
Operating Margin (TTM)	39.50%	25.09%
Gross Margin (TTM)	65.80%	31.72%

Growth

Revenue Growth

Both Analog Devices (ADI) at 16.89% and United Microelectronics (UMC) at 2.26% 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. United Microelectronics (UMC): 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 United Microelectronics (UMC) at -12.57% is closer to the peer norm — faster per-share earnings growth for ADI.

Analog Devices (ADI) vs. United Microelectronics (UMC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Analog Devices (ADI) and United Microelectronics (UMC)
Metric	ADI	UMC
Revenue Growth (YoY)	16.89%	2.26%
Revenue Growth (3Y CAGR)	-2.84%	-5.19%
EPS Growth (YoY)	39.02%	-12.57%
EPS Growth (3Y CAGR)	-4.59%	-21.92%

Financial Strength

Current Ratio (MRQ)

United Microelectronics (UMC) at 3.27 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

UMC

Semiconductors & Semiconductor Equipment industry group

3.27

Max: 10.33
Q3: 5.62
Median: 3.33
UMC: 3.27
Q1: 2.35
Min: 1.03

Analog Devices (ADI) vs. United Microelectronics (UMC): 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 United Microelectronics (UMC) at 0.17 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

UMC

Semiconductors & Semiconductor Equipment industry group

0.17

Max: 1.46
Q3: 0.65
Median: 0.27
UMC: 0.17
Q1: 0.04
Min: 0.00

Analog Devices (ADI) vs. United Microelectronics (UMC): 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 United Microelectronics (UMC)
Metric	ADI	UMC
Current Ratio (MRQ)	1.25	3.27
Debt / Equity (MRQ)	0.27	0.17
Net Debt / EBITDA	0.99	-0.60

Dividends

Dividend Yield (TTM)

Analog Devices (ADI) at 1.19% earns its spot in the top quartile of its industry’s yields; United Microelectronics (UMC) at 19.43% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

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%

UMC

Semiconductors & Semiconductor Equipment industry group

19.43%

UMC: 19.43%
Max: 1.37%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Analog Devices (ADI) at 49.64% and United Microelectronics (UMC) at 37.46% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

UMC

Semiconductors & Semiconductor Equipment industry group

37.46%

Max: 49.64%
UMC: 37.46%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Analog Devices (ADI) and United Microelectronics (UMC)
Metric	ADI	UMC
Dividend Yield (TTM)	1.19%	19.43%
Dividend Payout Ratio (TTM)	49.64%	37.46%

Valuation

P/E Ratio (TTM)

United Microelectronics (UMC) at 13.07 sits in the cheaper P/E ratio quartile, while Analog Devices (ADI) at 43.18 is closer to its industry’s usual earnings multiple — a discount for UMC, though growth and earnings durability still matter.

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

UMC

Semiconductors & Semiconductor Equipment industry group

13.07

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
UMC: 13.07
Min: 8.12

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

P/S Ratio (TTM)

United Microelectronics (UMC) at 0.13 looks cheap on sales in the lower P/S ratio quartile, while Analog Devices (ADI) at 12.69 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

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

UMC

Semiconductors & Semiconductor Equipment industry group

0.13

Max: 21.42
Q3: 12.27
Median: 5.76
Q1: 2.73
UMC: 0.13
Min: 0.00

Analog Devices (ADI) vs. United Microelectronics (UMC): 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 United Microelectronics (UMC) at 2.39 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

UMC

Semiconductors & Semiconductor Equipment industry group

2.39

Max: 14.06
Q3: 7.44
Median: 4.29
UMC: 2.39
Q1: 2.30
Min: 0.20

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

Valuation Metrics

Valuation metrics for Analog Devices (ADI) and United Microelectronics (UMC)
Metric	ADI	UMC
P/E Ratio (TTM)	43.18	13.07
P/S Ratio (TTM)	12.69	0.13
P/B Ratio (MRQ)	5.25	2.39
Free Cash Flow Yield (TTM)	2.35%	129.43%