Analog Devices Inc., current enterprise value calculation

Current share price (P)	$210.43
No. shares of common stock outstanding	496,493,455
US$ in thousands
Common equity (market value)¹	104,477,118)
Add: Preferred stock, $1.00 par value, none outstanding (per books)	—)
Total equity	104,477,118)
Add: Debt, current (per books)	499,052)
Add: Commercial paper notes (per books)	547,224)
Add: Long-term debt, excluding current (per books)	5,902,457)
Total equity and debt	111,425,851)
Less: Cash and cash equivalents	958,061)
Enterprise value (EV)	110,467,790)

¹ Common equity (market value) = Share price × No. shares of common stock outstanding
= 210.43 × 496,493,455

Analog Devices Inc., EV calculation

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
Share price^1, 2	$181.25	$168.43	$180.79	$136.89	$114.89	$89.58
No. shares of common stock outstanding¹	496,261,678	509,295,941	525,330,672	369,484,899	368,302,369	370,159,553
US$ in thousands
Common equity (market value)³	89,947,429)	85,780,715)	94,974,532)	50,578,788)	42,314,259)	33,158,893)
Add: Preferred stock, $1.00 par value, none outstanding (book value)	—)	—)	—)	—)	—)	—)
Total equity	89,947,429)	85,780,715)	94,974,532)	50,578,788)	42,314,259)	33,158,893)
Add: Debt, current (book value)	499,052)	—)	516,663)	—)	299,667)	67,000)
Add: Commercial paper notes (book value)	547,224)	—)	—)	—)	—)	—)
Add: Long-term debt, excluding current (book value)	5,902,457)	6,548,625)	6,253,212)	5,145,102)	5,192,252)	6,265,674)
Total equity and debt	96,896,162)	92,329,340)	101,744,407)	55,723,890)	47,806,178)	39,491,567)
Less: Cash and cash equivalents	958,061)	1,470,572)	1,977,964)	1,055,860)	648,322)	816,591)
Enterprise value (EV)	95,938,101)	90,858,768)	99,766,443)	54,668,030)	47,157,856)	38,674,976)

¹ Data adjusted for splits and stock dividends.

² Closing price as at the filing date of Analog Devices Inc. Annual Report.

³ 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 181.25 × 496,261,678

Download chart

Item	Description	The company
EV	Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments.	Analog Devices Inc. EV decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.

Analog Devices Inc. (NASDAQ:ADI)

Enterprise Value (EV)