Adobe Financial Statements From 2010 to 2024

ADBE Stock  USD 470.10  3.99  0.84%   
Adobe Systems financial statements provide useful quarterly and yearly information to potential Adobe Systems Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Adobe Systems financial statements helps investors assess Adobe Systems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Adobe Systems' valuation are summarized below:
Gross Profit
15.4 B
Profit Margin
0.2408
Market Capitalization
210.6 B
Enterprise Value Revenue
10.5166
Revenue
19.9 B
There are over one hundred nineteen available fundamental signals for Adobe Systems Incorporated, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Adobe Systems' prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 7.2 B. The current year's Enterprise Value is expected to grow to about 7 B

Adobe Systems Total Revenue

23.44 Billion

Check Adobe Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adobe main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 136.4 M or Selling General Administrative of 1.7 B, as well as many exotic indicators such as Price To Sales Ratio of 14.52, Dividend Yield of 0.0217 or PTB Ratio of 6.73. Adobe financial statements analysis is a perfect complement when working with Adobe Systems Valuation or Volatility modules.
  
This module can also supplement Adobe Systems' financial leverage analysis and stock options assessment as well as various Adobe Systems Technical models . Check out the analysis of Adobe Systems Correlation against competitors.

Adobe Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets36 B34.2 B19.2 B
Slightly volatile
Other Current Liabilities2.4 B2.3 B1.3 B
Slightly volatile
Total Current Liabilities10 B9.5 BB
Slightly volatile
Total Stockholder Equity19.9 B19 B10.7 B
Slightly volatile
Property Plant And Equipment Net2.9 B2.7 B1.4 B
Slightly volatile
Retained Earnings40.3 B38.3 B17.1 B
Slightly volatile
Cash8.6 B8.2 B3.2 B
Slightly volatile
Non Current Assets Total22.6 B21.5 B12.2 B
Slightly volatile
Cash And Short Term Investments9.5 BB5.1 B
Slightly volatile
Net Receivables2.7 B2.6 B1.3 B
Slightly volatile
Common Stock Shares Outstanding533.1 M527.9 M481.6 M
Slightly volatile
Liabilities And Stockholders Equity36 B34.2 B19.2 B
Slightly volatile
Non Current Liabilities TotalB5.8 B3.5 B
Slightly volatile
Other Current Assets1.2 B1.2 B543.9 M
Slightly volatile
Total Liabilities16 B15.3 B8.5 B
Slightly volatile
Property Plant And Equipment Gross2.9 B2.7 B1.4 B
Slightly volatile
Total Current Assets13.4 B12.7 BB
Slightly volatile
Short and Long Term Debt Total2.4 B4.7 B2.9 B
Slightly volatile
Accounts Payable379.2 M361.1 M195.1 M
Slightly volatile
Intangible Assets667.4 M1.3 B958.1 M
Slightly volatile
Current Deferred RevenueB6.7 B3.2 B
Slightly volatile
Common Stock Total Equity52.2 K54.9 K19.6 M
Slightly volatile
Short Term Investments1.5 B806.1 MB
Slightly volatile
Short Term Debt79.8 M84 M343.9 M
Very volatile
Common Stock52.2 K54.9 K19.6 M
Slightly volatile
Property Plant Equipment2.3 B2.2 B1.3 B
Slightly volatile
Other AssetsB1.9 B843.9 M
Slightly volatile
Good Will15.5 B14.7 B8.7 B
Slightly volatile
Other Liabilities1.1 B1.1 B705.6 M
Slightly volatile
Long Term Debt2.4 B4.2 B2.5 B
Slightly volatile
Retained Earnings Total Equity34.2 B32.6 B16.3 B
Slightly volatile
Long Term Debt Total2.4 B4.2 B2.5 B
Slightly volatile
Capital Surpluse11.9 B11.3 B6.5 B
Slightly volatile
Deferred Long Term Liabilities206.5 M365.4 M280.1 M
Pretty Stable
Non Current Liabilities Other447.1 M432.4 M436.4 M
Slightly volatile
Short and Long Term Debt546.2 M575 M1.2 B
Pretty Stable
Net Invested Capital17.8 B23.2 B14.4 B
Slightly volatile
Capital Lease Obligations418.2 M401.4 M548.6 M
Slightly volatile

Adobe Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.1 BB557.2 M
Slightly volatile
Selling General Administrative1.7 B1.6 B858.8 M
Slightly volatile
Total Revenue23.4 B22.3 B10.8 B
Slightly volatile
Gross Profit20.6 B19.6 B9.4 B
Slightly volatile
Other Operating Expenses15.4 B14.7 B7.4 B
Slightly volatile
Operating IncomeB7.6 B3.4 B
Slightly volatile
EBIT8.3 B7.9 B3.5 B
Slightly volatile
EBITDA9.4 B8.9 BB
Slightly volatile
Cost Of Revenue2.8 B2.7 B1.4 B
Slightly volatile
Total Operating Expenses12.6 B12 BB
Slightly volatile
Income Before Tax8.2 B7.8 B3.4 B
Slightly volatile
Net Income6.6 B6.2 B2.9 B
Slightly volatile
Research Development4.2 BB1.9 B
Slightly volatile
Selling And Marketing Expenses6.5 B6.2 B3.2 B
Slightly volatile
Net Income Applicable To Common Shares5.7 B5.5 B2.8 B
Slightly volatile
Net Income From Continuing Ops6.6 B6.2 B2.9 B
Slightly volatile
Non Operating Income Net Other28.3 M25.3 M28.4 M
Slightly volatile
Interest Income324.8 M309.4 M102.3 M
Slightly volatile
Reconciled Depreciation735.8 MB558.4 M
Slightly volatile

Adobe Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation2.1 BB844.1 M
Slightly volatile
Free Cash Flow8.4 BBB
Slightly volatile
Begin Period Cash Flow5.1 B4.9 B2.4 B
Slightly volatile
Depreciation1.1 BB549.1 M
Slightly volatile
Capital Expenditures434.7 M414 M278.7 M
Slightly volatile
Total Cash From Operating Activities8.8 B8.4 B4.3 B
Slightly volatile
Net Income6.6 B6.2 B2.9 B
Slightly volatile
Change To Netincome2.2 B2.1 B968.3 M
Slightly volatile
Issuance Of Capital Stock289.1 M361.1 M237.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio14.5213.832112.9794
Slightly volatile
Dividend Yield0.02170.02070.0143
Slightly volatile
PTB Ratio6.7313.341412.817
Slightly volatile
Days Sales Outstanding58.3953.176752.7736
Slightly volatile
Book Value Per Share19.7518.805423.8977
Slightly volatile
Free Cash Flow Yield0.05360.03010.0297
Pretty Stable
Invested Capital0.470.45050.2612
Slightly volatile
Operating Cash Flow Per Share8.58.09359.8496
Slightly volatile
Stock Based Compensation To Revenue0.03590.06680.0679
Slightly volatile
PB Ratio6.7313.341412.817
Slightly volatile
EV To Sales14.8114.106912.9256
Slightly volatile
Free Cash Flow Per Share7.947.55819.3147
Slightly volatile
ROIC0.220.1940.1909
Slightly volatile
Inventory Turnover8.219.348.5408
Pretty Stable
Net Income Per Share5.465.2046.8242
Slightly volatile
Days Of Inventory On Hand58.0640.4346.0932
Pretty Stable
Payables Turnover4.486.41587.6239
Slightly volatile
Sales General And Administrative To Revenue0.10.08250.0816
Slightly volatile
Research And Ddevelopement To Revenue0.210.17030.1761
Slightly volatile
Cash Per Share3.426.485912.2674
Pretty Stable
POCF Ratio17.3630.998932.6916
Pretty Stable
Interest Coverage24.1431.827740.8698
Slightly volatile
Payout Ratio0.820.780.6286
Slightly volatile
PFCF Ratio19.5333.19535.0265
Very volatile
Days Payables Outstanding94.956.890650.7868
Slightly volatile
Income Quality2.661.55531.6332
Very volatile
ROE0.280.27670.2576
Slightly volatile
EV To Operating Cash Flow17.1731.614932.472
Pretty Stable
PE Ratio38.0248.21150.9858
Slightly volatile
Return On Tangible Assets0.440.42340.2826
Slightly volatile
EV To Free Cash Flow19.333.854734.7894
Very volatile
Earnings Yield0.03750.02070.0205
Slightly volatile
Current Ratio1.071.12921.7537
Slightly volatile
Receivables Turnover5.746.86397.1105
Slightly volatile
Graham Number49.2746.924660.2393
Slightly volatile
Shareholders Equity Per Share19.7518.805423.8977
Slightly volatile
Debt To Equity0.470.45050.2612
Slightly volatile
Revenue Per Share19.0518.138325.3944
Slightly volatile
Interest Debt Per Share9.088.65196.4832
Slightly volatile
Debt To Assets0.240.22470.1465
Slightly volatile
Enterprise Value Over EBITDA41.4239.443134.7618
Slightly volatile
Short Term Coverage Ratios27.0243.217163.0957
Slightly volatile
Price Earnings Ratio38.0248.21150.9858
Slightly volatile
Operating Cycle98.3153.176756.7939
Pretty Stable
Price Book Value Ratio6.7313.341412.817
Slightly volatile
Price Earnings To Growth Ratio0.890.93431.7502
Slightly volatile
Days Of Payables Outstanding94.956.890650.7868
Slightly volatile
Dividend Payout Ratio0.820.780.6286
Slightly volatile
Price To Operating Cash Flows Ratio17.3630.998932.6916
Pretty Stable
Price To Free Cash Flows Ratio19.5333.19535.0265
Very volatile
Pretax Profit Margin0.320.30940.3135
Slightly volatile
Ebt Per Ebit1.140.98361.0261
Very volatile
Operating Profit Margin0.310.31450.3092
Slightly volatile
Effective Tax Rate0.06910.07270.2018
Slightly volatile
Company Equity Multiplier1.212.00471.7072
Pretty Stable
Total Debt To Capitalization0.330.31060.2047
Slightly volatile
Return On Capital Employed0.340.19630.2509
Slightly volatile
Debt Equity Ratio0.470.45050.2612
Slightly volatile
Ebit Per Revenue0.310.31450.3092
Slightly volatile
Quick Ratio1.01.05661.6555
Slightly volatile
Net Income Per E B T0.570.92730.7742
Pretty Stable
Cash Ratio0.360.38190.6781
Pretty Stable
Operating Cash Flow Sales Ratio0.270.44620.3733
Very volatile
Days Of Inventory Outstanding58.0640.4346.0932
Pretty Stable
Days Of Sales Outstanding58.3953.176752.7736
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.70.93380.9186
Pretty Stable
Cash Flow Coverage Ratios0.910.95531.5636
Slightly volatile
Price To Book Ratio6.7313.341412.817
Slightly volatile
Fixed Asset Turnover12.128.39948.719
Very volatile
Price Cash Flow Ratio17.3630.998932.6916
Pretty Stable
Enterprise Value Multiple41.4239.443134.7618
Slightly volatile
Debt Ratio0.240.22470.1465
Slightly volatile
Cash Flow To Debt Ratio0.910.95531.5636
Slightly volatile
Price Sales Ratio14.5213.832112.9794
Slightly volatile
Return On Assets0.180.1380.1478
Slightly volatile
Asset Turnover0.860.48110.6085
Pretty Stable
Net Profit Margin0.170.28690.2433
Slightly volatile
Gross Profit Margin0.70.86770.8559
Pretty Stable
Price Fair Value6.7313.341412.817
Slightly volatile
Return On Equity0.280.27670.2576
Slightly volatile

Adobe Systems Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.2 B6.9 B7.4 B
Pretty Stable
Enterprise ValueB6.7 B7.2 B
Pretty Stable

Adobe Fundamental Market Drivers

Forward Price Earnings26.3852
Cash And Short Term Investments7.8 B

Adobe Upcoming Events

20th of March 2024
Upcoming Quarterly Report
View
20th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
11th of December 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
30th of November 2023
Last Financial Announcement
View

About Adobe Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Adobe Systems income statement, its balance sheet, and the statement of cash flows. Adobe Systems investors use historical funamental indicators, such as Adobe Systems's revenue or net income, to determine how well the company is positioned to perform in the future. Although Adobe Systems investors may use each financial statement separately, they are all related. The changes in Adobe Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adobe Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adobe Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adobe Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue6.7 BB
Total Revenue22.3 B23.4 B
Cost Of Revenue2.7 B2.8 B
Stock Based Compensation To Revenue 0.07  0.04 
Sales General And Administrative To Revenue 0.08  0.10 
Research And Ddevelopement To Revenue 0.17  0.21 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 18.14  19.05 
Ebit Per Revenue 0.31  0.31 

Pair Trading with Adobe Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adobe Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adobe Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adobe Stock

  0.73S SentinelOne Financial Report 6th of June 2024 PairCorr

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The ability to find closely correlated positions to Adobe Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adobe Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adobe Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adobe Systems Incorporated to buy it.
The correlation of Adobe Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adobe Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adobe Systems rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adobe Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Adobe Systems rporated is a strong investment it is important to analyze Adobe Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:
Check out the analysis of Adobe Systems Correlation against competitors.
Note that the Adobe Systems rporated information on this page should be used as a complementary analysis to other Adobe Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Adobe Systems' price analysis, check to measure Adobe Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
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Is Adobe Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adobe Systems. If investors know Adobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
10.48
Revenue Per Share
43.762
Quarterly Revenue Growth
0.113
Return On Assets
0.1572
The market value of Adobe Systems rporated is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.