ADOBE INC. ADBE

Latest FY: 2025 Technology Software - Application
Market Price $264.03
Market Cap $107.93B
P/E Ratio 15.81
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑10.5% YoY
$23.77B
3-Yr CAGR: 10.5%
Net Income ↑28.2% YoY
$7.13B
Net Margin: 30.0%
Free Cash Flow ↑25.1% YoY
$9.85B
FCF Yield: 9.13%
EPS (Diluted) ↑35.1% YoY
$16.70
Basic: $16.73
Return on Equity Efficiency
61.3%
ROA: 24.2%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (ADBE)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $5,854.4M $5,034.5M $1,168.8M $2.32 $2,199.7M $1,995.9M
FY 2017 $7,301.5M +24.7% $6,291.0M $1,694.0M +44.9% $3.38 +45.7% $2,912.9M $2,734.7M +37.0%
FY 2018 $9,030.0M +23.7% $7,835.0M $2,590.8M +52.9% $5.20 +53.8% $4,029.3M $3,762.7M +37.6%
FY 2019 $11,171.3M +23.7% $9,498.6M $2,951.5M +13.9% $6.00 +15.4% $4,421.8M $4,027.3M +7.0%
FY 2020 $12,868.0M +15.2% $11,146.0M $5,260.0M +78.2% $10.83 +80.5% $5,727.0M $5,308.0M +31.8%
FY 2021 $15,785.0M +22.7% $13,920.0M $4,822.0M -8.3% $10.02 -7.5% $7,230.0M $6,882.0M +29.7%
FY 2022 $17,606.0M +11.5% $15,441.0M $4,756.0M -1.4% $10.10 +0.8% $7,838.0M $7,396.0M +7.5%
FY 2023 $19,409.0M +10.2% $17,055.0M $5,428.0M +14.1% $11.82 +17.0% $7,302.0M $6,942.0M -6.1%
FY 2024 $21,505.0M +10.8% $19,147.0M $5,560.0M +2.4% $12.36 +4.6% $8,056.0M $7,873.0M +13.4%
FY 2025 $23,769.0M +10.5% $21,218.0M $7,130.0M +28.2% $16.70 +35.1% $10,031.0M $9,852.0M +25.1%
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Valuation

Market Price $264.03
Market Cap $107.93B
Enterprise Value $108.70B
P/E Ratio 15.81
P/B Ratio 9.06
FCF Yield 9.13%
Dividend Yield N/A
Shares Outstanding 399,000,000
%

Profitability & Margins

Gross Margin 89.27%
Operating Margin 36.63%
Net Margin 30.00%
Return on Equity (ROE) 61.34%
Return on Assets (ROA) 24.17%
Asset Turnover 0.81x
Revenue 3-Yr CAGR 10.52%
🛡️

Financial Health & Liquidity

Current Ratio 0.46
Cash Ratio 2.05
Debt / Equity 0.534
Debt / Assets 0.211
Cash & Equivalents $5.43B
Total Debt $6.21B
Book Value / Share $29.13
💧

Cash Flow Efficiency

Operating Cash Flow $10.03B
Capital Expenditures (CapEx) $179.00M
Free Cash Flow $9.85B
OCF / Revenue 42.20%
FCF / Revenue 41.45%
FCF 3-Yr CAGR 10.03%
🏷️

Per Share Metrics

EPS (Diluted) $16.70
EPS (Basic) $16.73
Dividends / Share N/A
Book Value / Share $29.13
EPS YoY Growth 35.11%
🏛️

Balance Sheet (FY 2025)

Total Assets $29.50B
Total Liabilities $29.50B
Stockholders' Equity $11.62B
Current Assets $1.22B
Current Liabilities $2.65B