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.

245.20 6.47 −2.57%
Market cap
$98.0B
P/E
13.7×
Fwd P/E
13.8×
Dividend yield
—
F-score
7/9
Altman Z
8.51
Beneish M
−2.85
Dividend safety
n/a

Adobe Inc. (ADBE) Return on invested capital

Alert me on Return on invested capital

Adobe Inc.'s return on invested capital over the twelve months to 31 August 2026 was 46.4%, down 2.0 percentage points from fiscal 2025 (48.4%). Over the past ten years it has ranged from 11.5% (fiscal 2015) to 48.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 48.4% 12.86
FY2024 35.6% 2.00
FY2023 33.6% 2.02
FY2022 31.5% 4.11
FY2021 27.4% 4.36
FY2020 23.1% 3.60
FY2019 19.5% 2.17
FY2018 17.3% (12.67)
FY2017 30.0% 9.48
FY2016 20.5% 9.02

Against its own ten years

Low 11.5% High 48.4%
Ten-year median 27.4%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
ADP Automatic Data Processing, Inc. compare 53.4%
ADBE Adobe Inc. 46.4%
INTU Intuit Inc. compare 20.2%
CDNS Cadence Design Systems, Inc. compare 14.0%
UBER Uber Technologies, Inc. compare 12.0%
NOW ServiceNow, Inc. compare 6.83%
DDOG Datadog, Inc. compare 2.78%
SNOW Snowflake Inc. compare −37.0%
MSTR Strategy Inc compare −64.7%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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