Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
239.31
-0.83 (-0.35%)
At close: Apr 8, 2026, 4:00 PM EDT
239.41
+0.09 (0.04%)
After-hours: Apr 8, 2026, 7:59 PM EDT

Adobe Statistics

Total Valuation

Adobe has a market cap or net worth of $96.73 billion. The enterprise value is $96.50 billion.

Market Cap96.73B
Enterprise Value 96.50B

Important Dates

The last earnings date was Thursday, March 12, 2026, after market close.

Earnings Date Mar 12, 2026
Ex-Dividend Date n/a

Share Statistics

Adobe has 404.20 million shares outstanding. The number of shares has decreased by -5.57% in one year.

Current Share Class 404.20M
Shares Outstanding 404.20M
Shares Change (YoY) -5.57%
Shares Change (QoQ) -1.49%
Owned by Insiders (%) 0.20%
Owned by Institutions (%) 85.48%
Float 402.88M

Valuation Ratios

The trailing PE ratio is 13.95 and the forward PE ratio is 9.94. Adobe's PEG ratio is 0.76.

PE Ratio 13.95
Forward PE 9.94
PS Ratio 3.96
Forward PS 3.57
PB Ratio 8.50
P/TBV Ratio n/a
P/FCF Ratio 9.38
P/OCF Ratio 9.21
PEG Ratio 0.76
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.14, with an EV/FCF ratio of 9.35.

EV / Earnings 13.39
EV / Sales 3.95
EV / EBITDA 10.14
EV / EBIT 10.69
EV / FCF 9.35

Financial Position

The company has a current ratio of 0.91, with a Debt / Equity ratio of 0.58.

Current Ratio 0.91
Quick Ratio 0.79
Debt / Equity 0.58
Debt / EBITDA 0.69
Debt / FCF 0.65
Interest Coverage 34.18

Financial Efficiency

Return on equity (ROE) is 58.77% and return on invested capital (ROIC) is 63.33%.

Return on Equity (ROE) 58.77%
Return on Assets (ROA) 18.91%
Return on Invested Capital (ROIC) 63.33%
Return on Capital Employed (ROCE) 49.27%
Weighted Average Cost of Capital (WACC) 11.99%
Revenue Per Employee $779,751
Profits Per Employee $229,847
Employee Count31,360
Asset Turnover 0.82
Inventory Turnover n/a

Taxes

In the past 12 months, Adobe has paid $1.77 billion in taxes.

Income Tax 1.77B
Effective Tax Rate 19.68%

Stock Price Statistics

The stock price has decreased by -29.76% in the last 52 weeks. The beta is 1.52, so Adobe's price volatility has been higher than the market average.

Beta (5Y) 1.52
52-Week Price Change -29.76%
50-Day Moving Average 261.22
200-Day Moving Average 325.70
Relative Strength Index (RSI) 37.83
Average Volume (20 Days) 6,239,070

Short Selling Information

The latest short interest is 13.19 million, so 3.26% of the outstanding shares have been sold short.

Short Interest 13.19M
Short Previous Month 14.30M
Short % of Shares Out 3.26%
Short % of Float 3.28%
Short Ratio (days to cover) 2.22

Income Statement

In the last 12 months, Adobe had revenue of $24.45 billion and earned $7.21 billion in profits. Earnings per share was $17.15.

Revenue24.45B
Gross Profit 21.86B
Operating Income 9.02B
Pretax Income 8.97B
Net Income 7.21B
EBITDA 9.52B
EBIT 9.02B
Earnings Per Share (EPS) $17.15
Full Income Statement

Balance Sheet

The company has $6.90 billion in cash and $6.67 billion in debt, with a net cash position of $229.00 million or $0.57 per share.

Cash & Cash Equivalents 6.90B
Total Debt 6.67B
Net Cash 229.00M
Net Cash Per Share $0.57
Equity (Book Value) 11.43B
Book Value Per Share 28.16
Working Capital -1.00B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.51 billion and capital expenditures -$190.00 million, giving a free cash flow of $10.32 billion.

Operating Cash Flow 10.51B
Capital Expenditures -190.00M
Depreciation & Amortization 493.00M
Net Borrowing n/a
Free Cash Flow 10.32B
FCF Per Share $25.52
Full Cash Flow Statement

Margins

Gross margin is 89.40%, with operating and profit margins of 36.90% and 29.48%.

Gross Margin 89.40%
Operating Margin 36.90%
Pretax Margin 36.70%
Profit Margin 29.48%
EBITDA Margin 38.92%
EBIT Margin 36.90%
FCF Margin 42.19%

Dividends & Yields

Adobe does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 5.57%
Shareholder Yield 5.57%
Earnings Yield 7.45%
FCF Yield 10.67%
Dividend Details

Analyst Forecast

The average price target for Adobe is $352.63, which is 47.35% higher than the current price. The consensus rating is "Hold".

Price Target $352.63
Price Target Difference 47.35%
Analyst Consensus Hold
Analyst Count 28
Revenue Growth Forecast (5Y) 8.37%
EPS Growth Forecast (5Y) 15.00%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 24, 2005. It was a forward split with a ratio of 2:1.

Last Split Date May 24, 2005
Split Type Forward
Split Ratio 2:1

Scores

Adobe has an Altman Z-Score of 8.92 and a Piotroski F-Score of 7.

Altman Z-Score 8.92
Piotroski F-Score 7