Adobe Statistics
Total Valuation
Adobe has a market cap or net worth of $251.72 billion. The enterprise value is $249.75 billion.
| Market Cap | 251.72B |
| Enterprise Value | 249.75B |
Important Dates
The last earnings date was Thursday, June 13, 2024, after market close.
| Earnings Date | Jun 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Adobe has 443.40 million shares outstanding. The number of shares has decreased by -1.74% in one year.
| Shares Outstanding | 443.40M |
| Shares Change (YoY) | -1.74% |
| Shares Change (QoQ) | -1.10% |
| Owned by Insiders (%) | 0.21% |
| Owned by Institutions (%) | 87.16% |
| Float | 442.19M |
Valuation Ratios
The trailing PE ratio is 51.01 and the forward PE ratio is 29.22. Adobe's PEG ratio is 1.76.
| PE Ratio | 51.01 |
| Forward PE | 29.22 |
| PS Ratio | 12.32 |
| Forward PS | 10.92 |
| PB Ratio | 16.96 |
| P/FCF Ratio | 39.53 |
| PEG Ratio | 1.76 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 33.25, with an EV/FCF ratio of 39.22.
| EV / Earnings | 49.17 |
| EV / Sales | 12.23 |
| EV / EBITDA | 33.25 |
| EV / EBIT | 38.00 |
| EV / FCF | 39.22 |
Financial Position
The company has a current ratio of 1.16, with a Debt / Equity ratio of 0.41.
| Current Ratio | 1.16 |
| Quick Ratio | 1.02 |
| Debt / Equity | 0.41 |
| Debt / EBITDA | 0.81 |
| Debt / FCF | 0.96 |
| Interest Coverage | 53.43 |
Financial Efficiency
Return on equity (ROE) is 32.50% and return on invested capital (ROIC) is 23.45%.
| Return on Equity (ROE) | 32.50% |
| Return on Assets (ROA) | 17.30% |
| Return on Capital (ROIC) | 23.45% |
| Revenue Per Employee | $682,217 |
| Profits Per Employee | $169,611 |
| Employee Count | 29,945 |
| Asset Turnover | 0.70 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Adobe has paid $1.37 billion in taxes.
| Income Tax | 1.37B |
| Effective Tax Rate | 21.24% |
Stock Price Statistics
The stock price has increased by +17.00% in the last 52 weeks. The beta is 1.27, so Adobe's price volatility has been higher than the market average.
| Beta (5Y) | 1.27 |
| 52-Week Price Change | +17.00% |
| 50-Day Moving Average | 487.64 |
| 200-Day Moving Average | 543.17 |
| Relative Strength Index (RSI) | 77.20 |
| Average Volume (20 Days) | 4,711,448 |
Short Selling Information
The latest short interest is 6.69 million, so 1.51% of the outstanding shares have been sold short.
| Short Interest | 6.69M |
| Short Previous Month | 7.08M |
| Short % of Shares Out | 1.51% |
| Short % of Float | 1.51% |
| Short Ratio (days to cover) | 1.69 |
Income Statement
In the last 12 months, Adobe had revenue of $20.43 billion and earned $5.08 billion in profits. Earnings per share was $11.13.
| Revenue | 20.43B |
| Gross Profit | 18.03B |
| Operating Income | 6.23B |
| Pretax Income | 6.45B |
| Net Income | 5.08B |
| EBITDA | 7.51B |
| EBIT | 6.57B |
| Earnings Per Share (EPS) | $11.13 |
Balance Sheet
The company has $8.07 billion in cash and $6.09 billion in debt, giving a net cash position of $1.98 billion or $4.45 per share.
| Cash & Cash Equivalents | 8.07B |
| Total Debt | 6.09B |
| Net Cash | 1.98B |
| Net Cash Per Share | $4.45 |
| Equity (Book Value) | 14.84B |
| Book Value Per Share | 33.48 |
| Working Capital | 1.55B |
Cash Flow
In the last 12 months, operating cash flow was $6.58 billion and capital expenditures -$216.00 million, giving a free cash flow of $6.37 billion.
| Operating Cash Flow | 6.58B |
| Capital Expenditures | -216.00M |
| Free Cash Flow | 6.37B |
| FCF Per Share | $14.18 |
Margins
Gross margin is 88.24%, with operating and profit margins of 30.51% and 24.86%.
| Gross Margin | 88.24% |
| Operating Margin | 30.51% |
| Pretax Margin | 31.57% |
| Profit Margin | 24.86% |
| EBITDA Margin | 36.77% |
| EBIT Margin | 32.17% |
| FCF Margin | 31.17% |
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 | 1.74% |
| Shareholder Yield | 1.74% |
| Earnings Yield | 2.02% |
| FCF Yield | 2.53% |
Analyst Forecast
The average price target for Adobe is $600.17, which is 5.72% higher than the current price. The consensus rating is "Buy".
| Price Target | $600.17 |
| Price Target Difference | 5.72% |
| Analyst Consensus | Buy |
| Analyst Count | 30 |
| Revenue Growth Forecast (5Y) | 11.78% |
| EPS Growth Forecast (5Y) | 20.85% |
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 13.07 and a Piotroski F-Score of 8.
| Altman Z-Score | 13.07 |
| Piotroski F-Score | 8 |