MPWR vs. ADI

Last updated Apr 1, 2026

Compare and contrast key facts about Monolithic Power Systems, Inc. (MPWR) and Analog Devices, Inc. (ADI).

Performance

MPWR vs. ADI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monolithic Power Systems, Inc. (MPWR) and Analog Devices, Inc. (ADI). The values are adjusted to include any dividend payments, if applicable.

MPWR vs. ADI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MPWR Monolithic Power Systems, Inc.	20.87%	54.45%	-5.55%	79.78%	-27.78%	35.49%	107.49%	54.80%	4.49%	38.23%
ADI Analog Devices, Inc.	17.68%	29.75%	8.82%	23.36%	-4.91%	20.96%	26.87%	41.31%	-1.64%	25.30%

Fundamentals

Market Cap MPWR : $53.76B ADI : $156.42B
EPS MPWR : $12.72 ADI : $5.47
PE Ratio MPWR : 85.93 ADI : 58.17
PEG Ratio MPWR : 1.08 ADI : 3.58
PS Ratio MPWR : 18.97 ADI : 13.39
PB Ratio MPWR : 14.45 ADI : 4.63
Total Revenue (TTM) MPWR : $2.79B ADI : $11.76B
Gross Profit (TTM) MPWR : $1.54B ADI : $7.39B
EBITDA (TTM) MPWR : $777.30M ADI : $5.52B

Returns By Period

In the year-to-date period, MPWR achieves a 20.87% return, which is significantly higher than ADI's 17.68% return. Over the past 10 years, MPWR has outperformed ADI with an annualized return of 33.84%, while ADI has yielded a comparatively lower 20.66% annualized return.

MPWR

• 1D: 9.30%
• 1M: -4.13%
• YTD: 20.87%
• 6M: 19.20%
• 1Y: 89.95%
• 3Y*: 30.74%
• 5Y*: 25.27%
• 10Y*: 33.84%

ADI

• 1D: 4.96%
• 1M: -10.30%
• YTD: 17.68%
• 6M: 30.35%
• 1Y: 60.16%
• 3Y*: 19.27%
• 5Y*: 16.68%
• 10Y*: 20.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MPWR vs. ADI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MPWR

MPWR Risk / Return Rank: 87
MPWR Sharpe Ratio Rank: 87
MPWR Sortino Ratio Rank: 84
MPWR Omega Ratio Rank: 84
MPWR Calmar Ratio Rank: 91
MPWR Martin Ratio Rank: 89

ADI

ADI Risk / Return Rank: 87
ADI Sharpe Ratio Rank: 86
ADI Sortino Ratio Rank: 84
ADI Omega Ratio Rank: 86
ADI Calmar Ratio Rank: 88
ADI Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MPWR vs. ADI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monolithic Power Systems, Inc. (MPWR) and Analog Devices, Inc. (ADI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MPWR	ADI	Difference
Sharpe ratio Return per unit of total volatility	1.61	1.58	+0.03
Sortino ratio Return per unit of downside risk	2.28	2.30	-0.02
Omega ratio Gain probability vs. loss probability	1.31	1.33	-0.02
Calmar ratio Return relative to maximum drawdown	3.95	3.28	+0.67
Martin ratio Return relative to average drawdown	10.08	9.81	+0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MPWR vs. ADI - Sharpe Ratio Comparison

The current MPWR Sharpe Ratio is 1.61, which is comparable to the ADI Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of MPWR and ADI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MPWR	ADI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	1.58	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.52	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.64	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.32	+0.22

Correlation

The correlation between MPWR and ADI is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MPWR vs. ADI - Dividend Comparison

MPWR's dividend yield for the trailing twelve months is around 0.61%, less than ADI's 1.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MPWR Monolithic Power Systems, Inc.	0.61%	0.69%	0.85%	0.63%	0.85%	0.49%	0.55%	0.90%	1.03%	0.71%	0.98%	1.26%
ADI Analog Devices, Inc.	1.28%	1.46%	1.73%	1.73%	1.85%	1.57%	1.68%	1.82%	2.24%	2.02%	2.31%	2.89%

Drawdowns

MPWR vs. ADI - Drawdown Comparison

The maximum MPWR drawdown since its inception was -72.27%, smaller than the maximum ADI drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for MPWR and ADI.

Drawdown Indicators

	MPWR	ADI	Difference
Max Drawdown Largest peak-to-trough decline	-72.27%	-82.88%	+10.61%
Max Drawdown (1Y) Largest decline over 1 year	-22.93%	-17.53%	-5.40%
Max Drawdown (5Y) Largest decline over 5 years	-51.65%	-32.20%	-19.45%
Max Drawdown (10Y) Largest decline over 10 years	-51.65%	-33.62%	-18.03%
Current Drawdown Current decline from peak	-11.07%	-11.55%	+0.48%
Average Drawdown Average peak-to-trough decline	-17.84%	-34.06%	+16.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.98%	6.14%	+2.84%

Volatility

MPWR vs. ADI - Volatility Comparison

Monolithic Power Systems, Inc. (MPWR) has a higher volatility of 16.61% compared to Analog Devices, Inc. (ADI) at 10.69%. This indicates that MPWR's price experiences larger fluctuations and is considered to be riskier than ADI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MPWR	ADI	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.61%	10.69%	+5.92%
Volatility (6M) Calculated over the trailing 6-month period	34.32%	22.23%	+12.09%
Volatility (1Y) Calculated over the trailing 1-year period	56.06%	38.25%	+17.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.63%	32.46%	+20.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.56%	32.30%	+14.26%

Financials

MPWR vs. ADI - Profitability Comparison

The chart below illustrates the profitability comparison between Monolithic Power Systems, Inc. and Analog Devices, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MPWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported a gross profit of 414.27M and revenue of 751.16M. Therefore, the gross margin over that period was 55.2%.

ADI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Analog Devices, Inc. reported a gross profit of 2.04B and revenue of 3.16B. Therefore, the gross margin over that period was 64.7%.

MPWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported an operating income of 199.94M and revenue of 751.16M, resulting in an operating margin of 26.6%.

ADI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Analog Devices, Inc. reported an operating income of 997.03M and revenue of 3.16B, resulting in an operating margin of 31.6%.

MPWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported a net income of 170.14M and revenue of 751.16M, resulting in a net margin of 22.7%.

ADI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Analog Devices, Inc. reported a net income of 830.83M and revenue of 3.16B, resulting in a net margin of 26.3%.