Adobe
ADBE
232.77
-5.35
-2.25%
Adobe
US · ADBE
#219 by market cap
Listed 1986
232.77
-5.35
-2.25%
Live - 5344 symbols - heartbeat 189s ago
· 2026-10-08 08:30
Pre-market
231.60
-0.50%
After-hours
232.50
-0.12%
Overnight
232.55
-0.09%
- Market cap
- 90.59B
- P/E (TTM)i
- 13.00
- P/Bi
- 7.70
- EPSi
- 16.70
- Div yieldi
- 0.00%
- 52W posi
- 25%
Reader sentiment
Are you bullish or bearish on ADBE?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 6.97, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +10.53% YoY
Margins
- Gross margin
- 89.27%
- Operating margin
- 36.63%
- Net margin
- 30.00%
Key ratios & quality
- Enterprise valuei
- 90.29B
- PEG ratioi
- 0.90
- Altman Z-Scorei
- 6.97
PEG uses trailing P/E against the 3-year net income growth rate (14.45%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.03B | 11.17B | 12.87B | 15.79B | 17.61B | 19.41B | 21.51B | 23.77B |
| Gross profit | 7.84B | 9.50B | 11.15B | 13.92B | 15.44B | 17.06B | 19.15B | 21.22B |
| Selling & admin expenses | 3.37B | 4.13B | 4.56B | 5.41B | 6.19B | 6.76B | 7.29B | 8.06B |
| Research & development | 1.54B | 1.93B | 2.19B | 2.54B | 2.99B | 3.47B | 3.94B | 4.29B |
| Operating profit | 2.84B | 3.27B | 4.24B | 5.80B | 6.10B | 6.65B | 7.74B | 8.71B |
| Pretax profit | 2.79B | 3.21B | 4.18B | 5.71B | 6.01B | 6.80B | 6.93B | 8.73B |
| Tax | 203.00M | 254.00M | -1.08B | 883.00M | 1.25B | 1.37B | 1.37B | 1.60B |
| Net profit | 2.59B | 2.95B | 5.26B | 4.82B | 4.76B | 5.43B | 5.56B | 7.13B |
| Basic EPS | 5 | 6 | 11 | 10 | 10 | 12 | 12 | 17 |
| Diluted EPS | 5.20 | 6.00 | 10.83 | 10.02 | 10.10 | 11.82 | 12.36 | 16.70 |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| Revenue | 5.87B | 5.99B | 6.19B | 6.40B | 6.62B | 6.76B |
| Gross profit | 5.24B | 5.35B | 5.55B | 5.73B | 5.90B | 6.00B |
| Selling & admin expenses | 2.00B | 2.05B | 2.15B | 2.17B | 2.43B | 2.32B |
| Research & development | 1.08B | 1.09B | 1.10B | 1.11B | 1.20B | 1.29B |
| Operating profit | 2.11B | 2.17B | 2.26B | 2.42B | 2.24B | 2.35B |
| Pretax profit | 2.10B | 2.19B | 2.26B | 2.42B | 2.24B | 2.36B |
| Tax | 410.00M | 415.00M | 408.00M | 533.00M | 526.00M | 530.00M |
| Net profit | 1.69B | 1.77B | 1.86B | 1.89B | 1.71B | 1.83B |
| Basic EPS | 4 | 4 | 4 | 5 | 4 | 5 |
| Diluted EPS | 3.94 | 4.18 | 4.45 | 4.60 | 4.25 | 4.62 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 4.86B | 6.50B | 8.15B | 8.67B | 9.00B | 11.08B | 11.23B | 10.16B |
| Cash & ST investments | 3.23B | 4.18B | 5.99B | 5.80B | 6.10B | 7.84B | 7.89B | 6.60B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 18.77B | 20.76B | 24.28B | 27.24B | 27.17B | 29.78B | 30.23B | 29.50B |
| Total current liabilities | 4.30B | 8.19B | 5.51B | 6.93B | 8.13B | 8.25B | 10.52B | 10.20B |
| Short-term debt | -- | 3.15B | 92.00M | 97.00M | 587.00M | 73.00M | 1.57B | 77.00M |
| Long-term debt | 4.12B | 989.00M | 4.12B | 4.12B | 3.63B | 3.63B | 4.13B | 6.21B |
| Total liabilities | 9,406,568,000.00 | 10,232,000,000.00 | 11,020,000,000.00 | 12,444,000,000.00 | 13,114,000,000.00 | 13,261,000,000.00 | 16,125,000,000.00 | 17,873,000,000.00 |
| Total equity | 9.36B | 10.53B | 13.26B | 14.80B | 14.05B | 16.52B | 14.11B | 11.62B |
| Retained earnings | 11.82B | 14.83B | 19.61B | 23.91B | 28.32B | 33.35B | 38.47B | 45.35B |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| Total current assets | 8.98B | 9.41B | 10.16B | 10.39B | 9.07B | 9.16B |
| Cash & ST investments | 5.71B | 5.94B | 6.60B | 6.89B | 5.63B | 5.64B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 28.11B | 28.75B | 29.50B | 29.70B | 29.93B | 29.98B |
| Total current liabilities | 9.04B | 9.24B | 10.20B | 11.39B | 12.08B | 11.89B |
| Short-term debt | 74.00M | 74.00M | 77.00M | 933.00M | 1.93B | 1.69B |
| Long-term debt | 6.17B | 6.20B | 6.21B | 5.38B | 4.80B | 4.77B |
| Total liabilities | 16,659,000,000.00 | 16,984,000,000.00 | 17,873,000,000.00 | 18,271,000,000.00 | 18,415,000,000.00 | 18,217,000,000.00 |
| Total equity | 11.45B | 11.77B | 11.62B | 11.43B | 11.52B | 11.76B |
| Retained earnings | 41.74B | 43.52B | 45.35B | 47.17B | 48.77B | 50.59B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.03B | 4.42B | 5.73B | 7.23B | 7.84B | 7.30B | 8.06B | 10.03B |
| Depreciation & amortization | 346.00M | 757.00M | 757.00M | 788.00M | 856.00M | 872.00M | 857.00M | 818.00M |
| Free cash flow | 3.76B | 4.03B | 5.31B | 6.88B | 7.40B | 6.94B | 7.87B | 9.85B |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -1.86B | -2.52B | -2.78B | -3.66B | -6.27B | -4.09B | -9.14B | -10.93B |
| Ending cash balance | 1.64B | 2.65B | 4.48B | 3.84B | 4.24B | 7.14B | 7.61B | 5.43B |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| Operating cash flow | 2.19B | 2.20B | 3.16B | 2.96B | 2.17B | 2.52B |
| Depreciation & amortization | 209.00M | 208.00M | 184.00M | 174.00M | 193.00M | 215.00M |
| Free cash flow | 2.14B | 2.13B | 3.13B | 2.92B | 2.11B | 2.44B |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -3.50B | -1.81B | -2.47B | -2.39B | -2.11B | -2.05B |
| Ending cash balance | 4.93B | 4.98B | 5.43B | 6.33B | 4.92B | 4.36B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 29.07 | 29.67 | 44.21 | 34.37 | 32.97 | 35.51 | 36.31 | 55.43 |
| ROA %i | 15.56 | 14.93 | 23.35 | 18.72 | 17.48 | 19.06 | 18.53 | 23.88 |
| ROIC %i | 21.72 | 19.38 | 32.56 | 26.19 | 25.14 | 27.00 | 26.61 | 37.10 |
| 5-year avg ROE %i | 15.94 | 21.08 | 28.10 | 31.73 | 34.06 | 35.35 | 36.68 | 38.92 |
| EBIT margin %i | 31.93 | 30.09 | 33.35 | 36.86 | 34.76 | 35.61 | 33.02 | 37.85 |
| FCF / sales %i | 41.67 | 36.05 | 41.25 | 43.60 | 42.01 | 35.77 | 36.61 | 41.45 |
| Current ratioi | 1.13 | 0.79 | 1.48 | 1.25 | 1.11 | 1.34 | 1.07 | 1.00 |
| Quick ratioi | 1.06 | 0.70 | 1.34 | 1.11 | 1.00 | 1.22 | 0.95 | 0.88 |
| Debt / assetsi | 21.98 | 19.93 | 19.39 | 17.15 | 17.06 | 13.70 | 20.03 | 22.54 |
| LT debt / equityi | 44.06 | 9.39 | 34.80 | 30.93 | 28.80 | 24.26 | 31.78 | 56.53 |
| Interest coveragei | 32.31 | 21.38 | 37.00 | 51.49 | 54.64 | 61.17 | 42.01 | 34.21 |
| Revenue CAGR (3Y) %i | 23.49 | 24.03 | 20.79 | 20.46 | 16.37 | 14.68 | 10.86 | 10.52 |
| Net income CAGR (3Y) %i | 60.26 | 36.17 | 45.89 | 23.00 | 17.24 | 1.05 | 4.86 | 14.45 |
| FCF CAGR (3Y) %i | 43.07 | 26.36 | 24.74 | 22.30 | 22.46 | 9.36 | 4.59 | 10.03 |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| ROE %i | 52.25 | 52.87 | 55.43 | 58.77 | 62.95 | 61.90 |
| ROA %i | 23.64 | 23.75 | 23.88 | 24.16 | 24.91 | 24.80 |
| ROIC %i | 36.26 | 36.69 | 37.10 | 39.31 | 40.64 | 40.55 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 37.82 | 37.57 | 37.85 | 37.78 | 37.19 | 36.74 |
| FCF / sales %i | 41.75 | 41.41 | 41.45 | 42.19 | 40.80 | 40.79 |
| Current ratioi | 0.99 | 1.02 | 1.00 | 0.91 | 0.75 | 0.77 |
| Quick ratioi | 0.82 | 0.87 | 0.88 | 0.79 | 0.63 | 0.65 |
| Debt / assetsi | 23.35 | 23.08 | 22.54 | 22.41 | 23.60 | 22.55 |
| LT debt / equityi | 56.68 | 55.75 | 56.53 | 50.06 | 44.55 | 43.15 |
| Interest coveragei | 37.00 | 35.26 | 34.21 | 34.99 | 35.91 | 36.70 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Digital Media, Digital Experience and Publishing and Advertising100.00%
Quote time 2026-10-08 08:30:11 · For reference only, not investment advice and not tailored to your situation.