Adobe Inc.
ADBE Technology Software Application
Adobe Inc.’s revenue for fiscal 2025 (year ended November 2025) was $23.8 billion, up 10.5% from fiscal 2024. In the quarter to August 2026, revenue grew 12.9%, EPS grew 10.8%, free cash flow grew 14.7% and total debt rose 2.63%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years; insiders bought in the last twelve months.
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Adobe Inc. (ADBE) EV/FCF
As of 9 October 2026, Adobe Inc. (ADBE) trades at a EV/FCF of 9.1×. Over the past ten years it has ranged from 7.7× (June 2026) to 57.3× (August 2020); the current reading is higher than 1% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | 14.1× | (51.51%) |
| FY2024 | 29.0× | (26.77%) |
| FY2023 | 39.6× | 83.01% |
| FY2022 | 21.7× | (53.13%) |
| FY2021 | 46.2× | 7.38% |
| FY2020 | 43.0× | 17.78% |
| FY2019 | 36.5× | 10.75% |
| FY2018 | 33.0× | 5.32% |
| FY2017 | 31.3× | 29.23% |
| FY2016 | 24.2× | (25.28%) |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Aug 2026 | 11.0× | 1.59% |
| May 2026 | 10.8× | 4.97% |
| Feb 2026 | 10.3× | (26.79%) |
| Nov 2025 | 14.1× | (8.70%) |
| 43 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| MSTR Strategy Inc compare | −2.7× |
| ADBE Adobe Inc. | 9.1× |
| INTU Intuit Inc. compare | 9.6× |
| UBER Uber Technologies, Inc. compare | 15.1× |
| ADP Automatic Data Processing, Inc. compare | 23.2× |
| NOW ServiceNow, Inc. compare | 32.6× |
| CDNS Cadence Design Systems, Inc. compare | 58.6× |
| DDOG Datadog, Inc. compare | 93.6× |
| SNOW Snowflake Inc. compare | 108× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on ADBE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement