Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
265.60
+13.37 (5.30%)
At close: Sep 14, 2026, 4:00 PM EDT
260.70
-4.90 (-1.84%)
Pre-market: Sep 15, 2026, 8:48 AM EDT

Adobe Statistics

Total Valuation

Adobe has a market cap or net worth of $105.58 billion. The enterprise value is $106.70 billion.

Market Cap105.58B
Enterprise Value 106.70B

Important Dates

The last earnings date was Thursday, September 10, 2026, after market close.

Earnings Date Sep 10, 2026
Ex-Dividend Date n/a

Share Statistics

Adobe has 397.50 million shares outstanding. The number of shares has decreased by -6.17% in one year.

Current Share Class 397.50M
Shares Outstanding 397.50M
Shares Change (YoY) -6.17%
Shares Change (QoQ) -1.86%
Owned by Insiders (%) 0.19%
Owned by Institutions (%) 85.69%
Float 396.23M

Valuation Ratios

The trailing PE ratio is 14.83 and the forward PE ratio is 9.89. Adobe's PEG ratio is 0.71.

PE Ratio 14.83
Forward PE 9.89
PS Ratio 4.07
Forward PS 3.72
PB Ratio 8.92
P/TBV Ratio n/a
P/FCF Ratio 9.97
P/OCF Ratio 9.77
PEG Ratio 0.71
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.94, with an EV/FCF ratio of 10.07.

EV / Earnings 14.65
EV / Sales 4.11
EV / EBITDA 10.94
EV / EBIT 11.51
EV / FCF 10.07

Financial Position

The company has a current ratio of 0.77, with a Debt / Equity ratio of 0.57.

Current Ratio 0.77
Quick Ratio 0.65
Debt / Equity 0.57
Debt / EBITDA 0.69
Debt / FCF 0.64
Interest Coverage 35.66

Financial Efficiency

Return on equity (ROE) is 61.90% and return on invested capital (ROIC) is 56.28%.

Return on Equity (ROE) 61.90%
Return on Assets (ROA) 19.73%
Return on Invested Capital (ROIC) 56.28%
Return on Capital Employed (ROCE) 51.24%
Weighted Average Cost of Capital (WACC) 11.50%
Revenue Per Employee $828,125
Profits Per Employee $232,270
Employee Count31,360
Asset Turnover 0.88
Inventory Turnover n/a

Taxes

In the past 12 months, Adobe has paid $2.00 billion in taxes.

Income Tax 2.00B
Effective Tax Rate 21.52%

Stock Price Statistics

The stock price has decreased by -23.98% in the last 52 weeks. The beta is 1.42, so Adobe's price volatility has been higher than the market average.

Beta (5Y) 1.42
52-Week Price Change -23.98%
50-Day Moving Average 253.53
200-Day Moving Average 266.34
Relative Strength Index (RSI) 50.56
Average Volume (20 Days) 5,099,419

Short Selling Information

The latest short interest is 17.37 million, so 4.37% of the outstanding shares have been sold short.

Short Interest 17.37M
Short Previous Month 17.97M
Short % of Shares Out 4.37%
Short % of Float 4.38%
Short Ratio (days to cover) 3.99

Income Statement

In the last 12 months, Adobe had revenue of $25.97 billion and earned $7.28 billion in profits. Earnings per share was $17.91.

Revenue25.97B
Gross Profit 23.18B
Operating Income 9.27B
Pretax Income 9.28B
Net Income 7.28B
EBITDA 9.76B
EBIT 9.27B
Earnings Per Share (EPS) $17.91
Full Income Statement

Balance Sheet

The company has $5.64 billion in cash and $6.76 billion in debt, with a net cash position of -$1.12 billion or -$2.83 per share.

Cash & Cash Equivalents 5.64B
Total Debt 6.76B
Net Cash -1.12B
Net Cash Per Share -$2.83
Equity (Book Value) 11.76B
Book Value Per Share 29.78
Working Capital -2.73B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.81 billion and capital expenditures -$214.00 million, giving a free cash flow of $10.59 billion.

Operating Cash Flow 10.81B
Capital Expenditures -214.00M
Depreciation & Amortization 484.00M
Net Borrowing 243.00M
Free Cash Flow 10.59B
FCF Per Share $26.65
Full Cash Flow Statement

Margins

Gross margin is 89.25%, with operating and profit margins of 35.70% and 28.05%.

Gross Margin 89.25%
Operating Margin 35.70%
Pretax Margin 35.74%
Profit Margin 28.05%
EBITDA Margin 37.56%
EBIT Margin 35.70%
FCF Margin 40.79%

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 6.17%
Shareholder Yield 6.17%
Earnings Yield 6.90%
FCF Yield 10.03%
Dividend Details

Analyst Forecast

The average price target for Adobe is $276.40, which is 4.07% higher than the current price. The consensus rating is "Hold".

Price Target $276.40
Price Target Difference 4.07%
Analyst Consensus Hold
Analyst Count 39
Revenue Growth Forecast (3Y) 9.92%
EPS Growth Forecast (3Y) 14.44%
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 and a Piotroski F-Score of 7.

Altman Z-Score 8
Piotroski F-Score 7