Adobe Statistics
Total Valuation
Adobe has a market cap or net worth of $211.48 billion. The enterprise value is $211.14 billion.
| Market Cap | 211.48B |
| Enterprise Value | 211.14B |
Important Dates
The next estimated earnings date is Thursday, June 13, 2024, after market close.
| Earnings Date | Jun 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Adobe has 452.00 million shares outstanding. The number of shares has decreased by -0.87% in one year.
| Shares Outstanding | 452.00M |
| Shares Change (YoY) | -0.87% |
| Shares Change (QoQ) | -0.65% |
| Owned by Insiders (%) | 0.20% |
| Owned by Institutions (%) | 87.66% |
| Float | 446.72M |
Valuation Ratios
The trailing PE ratio is 44.95 and the forward PE ratio is 25.05. Adobe's PEG ratio is 1.76.
| PE Ratio | 44.95 |
| Forward PE | 25.05 |
| PS Ratio | 10.73 |
| Forward PS | 9.52 |
| PB Ratio | 13.83 |
| P/FCF Ratio | 32.97 |
| PEG Ratio | 1.76 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 29.25, with an EV/FCF ratio of 32.55.
| EV / Earnings | 43.98 |
| EV / Sales | 10.59 |
| EV / EBITDA | 29.25 |
| EV / EBIT | 33.64 |
| EV / FCF | 32.55 |
Financial Position
The company has a current ratio of 1.05, with a Debt / Equity ratio of 0.26.
| Current Ratio | 1.05 |
| Quick Ratio | 0.93 |
| Debt / Equity | 0.26 |
| Debt / EBITDA | 0.57 |
| Debt / FCF | 0.63 |
| Interest Coverage | 58.12 |
Financial Efficiency
Return on equity (ROE) is 30.70% and return on invested capital (ROIC) is 23.77%.
| Return on Equity (ROE) | 30.70% |
| Return on Assets (ROA) | 16.60% |
| Return on Capital (ROIC) | 23.77% |
| Revenue Per Employee | $665,754 |
| Profits Per Employee | $160,327 |
| Employee Count | 29,945 |
| Asset Turnover | 0.69 |
| 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 | 22.18% |
Stock Price Statistics
The stock price has increased by +22.82% in the last 52 weeks. The beta is 1.27, so Adobe's price volatility has been higher than the market average.
| Beta (1Y) | 1.27 |
| 52-Week Price Change | +22.82% |
| 50-Day Moving Average | 530.96 |
| 200-Day Moving Average | 553.17 |
| Relative Strength Index (RSI) | 30.23 |
| Average Volume (30 Days) | 3,819,698 |
Short Selling Information
The latest short interest is 5.69 million, so 1.26% of the outstanding shares have been sold short.
| Short Interest | 5.69M |
| Short Previous Month | 5.13M |
| Short % of Shares Out | 1.26% |
| Short % of Float | 1.27% |
| Short Ratio (days to cover) | 1.20 |
Income Statement
In the last 12 months, Adobe had revenue of $19.94 billion and earned $4.80 billion in profits. Earnings per share was $10.46.
| Revenue | 19.94B |
| Gross Profit | 17.56B |
| Operating Income | 5.97B |
| Pretax Income | 6.17B |
| Net Income | 4.80B |
| EBITDA | 7.22B |
| EBIT | 6.28B |
| Earnings Per Share (EPS) | $10.46 |
Balance Sheet
The company has $6.82 billion in cash and $4.09 billion in debt, giving a net cash position of $2.73 billion or $6.05 per share.
| Cash & Cash Equivalents | 6.82B |
| Total Debt | 4.09B |
| Net Cash | 2.73B |
| Net Cash Per Share | $6.05 |
| Equity / Book Value | 15.46B |
| Book Value Per Share | 34.20 |
| Working Capital | 471.00M |
Cash Flow
In the last 12 months, operating cash flow was $6.78 billion and capital expenditures -$296.00 million, giving a free cash flow of $6.49 billion.
| Operating Cash Flow | 6.78B |
| Capital Expenditures | -296.00M |
| Free Cash Flow | 6.49B |
| FCF Per Share | $14.32 |
Margins
Gross margin is 88.08%, with operating and profit margins of 29.95% and 24.08%.
| Gross Margin | 88.08% |
| Operating Margin | 29.95% |
| Pretax Margin | 30.94% |
| Profit Margin | 24.08% |
| EBITDA Margin | 36.21% |
| EBIT Margin | 31.49% |
| FCF Margin | 32.54% |
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 | 0.87% |
| Shareholder Yield | 0.87% |
| Earnings Yield | 2.24% |
| FCF Yield | 3.03% |
Analyst Forecast
The average price target for Adobe is $617.50, which is 32.04% higher than the current price. The consensus rating is "Buy".
| Price Target | $617.50 |
| Price Target Difference | 32.04% |
| Analyst Consensus | Buy |
| Analyst Count | 27 |
| Revenue Growth Forecast (5Y) | 12.30% |
| EPS Growth Forecast (5Y) | 21.25% |
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 12.73 and a Piotroski F-Score of 8.
| Altman Z-Score | 12.73 |
| Piotroski F-Score | 8 |