Analog Devices, Inc. · NASDAQ:ADI

Analog Devices — Investor Presentation (February 2021)

15 slides from Analog Devices's investor presentation, February 2021

  1. Slide 1: Company Overview Fiscal 2021

    Company Overview Fiscal 2021 1 | ©2021 Analog Devices, Inc. All rights reserved.

  2. Slide 2: Forward Looking Statements; Non-GAAP Reconciliations

    Forward Looking Statements; Non-GAAP Reconciliations ► This presentation contains forward-looking statements, which address a variety of subjects including, for example, our statements regarding our proposed acquisition of Maxim Integrated Products, Inc. (“Maxim”); the impact of the COVID-19 pandemi

  3. Slide 3: ADI Powerfully Bridges the Physical and Digital Worlds

    ADI Powerfully Bridges the Physical and Digital Worlds Physical World Digital World Power Power RF Converters Amplifiers Currently, 10% of enterprise-generated data is processed outside the cloud, and by 2025, this amount is expected to grow to 75%1 ADI will be a critical partner in the collection,

  4. Slide 4: ADI at a Glance

    ADI at a Glance A leading global high-performance analog technology company Corporate Headquarters Wilmington, MA Founded 1965 Market Cap ~ $58 billion Principal Locations FY20 Revenue > $5.6 billion Other Locations FY20 R&D > $1 billion FY20 FCF > $1.8 billion (33% margin) End Customers > 125,000 P

  5. Slide 5: End-Market Breakdown

    End-Market Breakdown Consumer Hearable & Wearable Devices High-End Audio & Video Portables Industrial Aerospace and Defense Automotive Autonomous Mobility $5.6B Energy Factory Automation FY20 Revenue Electrification Healthcare Infotainment Instrumentation Communications Wired / Optical Networking Wi

  6. Slide 6: Revenues Are Incredibly Sticky & Highly Diverse

    Revenues Are Incredibly Sticky & Highly Diverse FY20 Revenue by Product Age FY20 Revenue by Product >10 years ~45K Avg Product Age Products ~50% of ADI revenue is derived from products ~80% of ADI revenue is derived from products 10 years or older that individually contribute 0.1% or less 6 | ©2021

  7. Slide 7: Our Priorities Are Driving ADI's Long-Term Success

    Our Priorities Are Driving ADI’s Long-Term Success Strategic Priorities Focus Areas ► Strengthening customer engagement: customers enhancing software focus, leaving more of the increasingly complex hardware challenges to ADI Deepening customer- 1 ► Partnering more deeply with customers to deliver co

  8. Slide 8: ADI is a Top Tier Firm in a Top Tier Industry

    ADI is a Top Tier Firm in a Top Tier Industry 5 Year Revenue & Adjusted Operating Income CAGR1 Adjusted Operating & FCF Margins1,2 14% 40% 12% 11% 33% 10% 27% 21% 17% 14% 4% 3% ADI Philadelphia Semi Index S&P 500 Index ADI Philadelphia Semi Index S&P 500 Index Sales Operating Income Operating Margin

  9. Slide 9: ADI Has a Track Record of Delivering for Shareholders

    ADI Has a Track Record of Delivering for Shareholders Compounded Annualized Stock Return Since SOX Inception 16% 13% 12% 10% ADI SOX NASDAQ S&P 500 Source: SOX, NASDAQ, S&P 500 annualized return percentages sourced from Bloomberg. Return calculation period is 12/1/93 to 2/23/21 9 | ©2021 Analog Devi

  10. Slide 10: Enhancing Scale & Scope with Proposed Maxim Integration Acquisition

    Enhancing Scale & Scope with Proposed Maxim Integration Acquisition Global high-performance analog technology provider Analog & Mixed Signal Converter, amplifier, interface High Power Management performance Voltage regulator, PMIC, analog supervisory portfolio 10,000+ ~$1.5B DC to 100GHz Engineers R

  11. Slide 11: 2020 Progress on Our Mission to "Engineer Good"

    2020 Progress on Our Mission to “Engineer Good” Climate People & Society Disclosure & Oversight ► Significant progress against ► Expanded training & development ► Published inaugural Corporate emission reduction targets… programs & established Responsibility Report… committed to reach net-zero no em

  12. Slide 12: Q&A

    Q&A 12 | ©2021 Analog Devices, Inc. All rights reserved.

  13. Slide 13: Appendix

    Appendix 13 | ©2021 Analog Devices, Inc. All rights reserved.

  14. Slide 14: GAAP to Non-GAAP Reconciliation

    GAAP to Non-GAAP Reconciliation FY 20 FY 20 Revenue $5,603,056 Revenue $5,603,056 GAAP Gross Margin $3,690,478 Net Cash Provided by Operating Activities $2,008,487 GAAP Operating Expenses $2,192,234 % of Revenue 36% GAAP Operating Income $1,498,244 Capital Expenditures $165,692 GAAP Operating Margin

  15. Slide 15: GAAP to Non-GAAP Reconciliation

    GAAP to Non-GAAP Reconciliation FY 15 FY 20 GAAP Operating Income $830,841 GAAP Operating Income $1,498,244 Other Operating Expense $223,672 Acquisition Related Expenses $623,635 Acquisition Related Expenses $96,937 Restructuring Related Expenses $52,337 Acquisition Related Transaction Costs $10,016

Analog Devices — Investor Presentation (February 2021) on 6ix