A Decade of Growth: Analog Devices vs. STMicroelectronics

In the ever-evolving landscape of semiconductor technology, Analog Devices, Inc. and STMicroelectronics N.V. have been pivotal players. Over the past decade, these giants have showcased remarkable growth in gross profit, reflecting their strategic prowess and market adaptability. From 2014 to 2023, Analog Devices saw its gross profit surge by over 330%, peaking in 2023. Meanwhile, STMicroelectronics demonstrated a robust 300% increase, with its highest gross profit also recorded in 2023.

Key Insights

• 2014-2017: Both companies experienced steady growth, with Analog Devices slightly trailing STMicroelectronics.
• 2018-2020: Analog Devices took the lead, with a notable 40% increase in 2018.
• 2021-2023: Both companies reached unprecedented heights, with STMicroelectronics closing the gap in 2023.

The data for 2024 remains incomplete, hinting at potential shifts in the competitive landscape.