Analog Devices, Inc. vs Lam Research Corporation: In-Depth EBITDA Performance Comparison

A Tale of Two Giants: Analog Devices, Inc. vs. Lam Research Corporation

In the ever-evolving landscape of the semiconductor industry, two titans, Analog Devices, Inc. and Lam Research Corporation, have showcased remarkable EBITDA performance over the past decade. From 2014 to 2023, both companies have demonstrated significant growth, with Lam Research Corporation leading the charge with an average EBITDA of approximately $3.3 billion, a 25% higher average than Analog Devices, Inc.

Key Insights

• 2014-2018 Surge: Both companies experienced a robust growth phase, with Lam Research's EBITDA peaking at $3.5 billion in 2018, a 260% increase from 2014.
• 2022 Peak: Analog Devices reached its zenith in 2023 with an EBITDA of $6.2 billion, surpassing Lam Research's $5.7 billion in 2022.
• 2024 Decline: A notable dip in 2024 for Analog Devices, with EBITDA dropping to $2 billion, suggests potential market challenges.

This comparison highlights the dynamic nature of the semiconductor sector, where strategic decisions and market conditions can significantly impact financial performance.