Adobe Systems Incorporated
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 19.4 | 16.7 | 29.0 | 37.3 | 56.3 | 38.9 | 37.5 | 37.4 | 33.3 | 27.5 | 48.7 | 34.8 | 14.6 | 48.2 | 18.9 | 16.6 | 20.9 | 100.6 | 139.6 | 73.7 | 44.4 | 53.7 | 48.2 | 51.5 | 44.1 | 66.8 | 34.2 | 51.7 | 41.8 | 19.2 | |
| 3.8 | 3.4 | 3.4 | 8.7 | 12.8 | 6.5 | 6.2 | 7.7 | 9.0 | 8.4 | 9.6 | 8.0 | 3.6 | 6.3 | 3.8 | 3.3 | 3.9 | 7.2 | 9.0 | 9.7 | 8.9 | 12.5 | 13.8 | 13.6 | 18.0 | 20.4 | 9.2 | 14.4 | 10.8 | 5.8 | |
| 4.2 | 4.4 | 5.9 | 17.3 | 21.5 | 13.0 | 10.6 | 9.1 | 10.5 | 8.9 | 4.8 | 5.4 | 2.9 | 3.8 | 2.8 | 2.4 | 2.6 | 4.3 | 5.5 | 6.6 | 7.0 | 10.8 | 13.3 | 14.4 | 17.5 | 21.8 | 11.6 | 17.0 | 16.5 | 11.8 | |
| 3.8 | 3.2 | 3.4 | 8.7 | 12.8 | 6.4 | 6.1 | 7.7 | 9.0 | 8.3 | 9.4 | 7.8 | 3.5 | 6.3 | 4.1 | 3.4 | 4.0 | 7.4 | 9.1 | 9.9 | 9.0 | 12.4 | 14.1 | 13.8 | 18.0 | 20.4 | 9.2 | 14.3 | 10.7 | 5.8 | |
| 12.9 | 10.0 | 13.9 | 26.3 | 35.3 | 17.7 | 19.3 | 23.2 | 22.2 | 20.2 | 27.5 | 21.0 | 9.3 | 18.9 | 11.9 | 10.4 | 11.8 | 40.1 | 51.6 | 37.2 | 28.7 | 35.7 | 39.5 | 37.5 | 45.9 | 48.3 | 23.0 | 35.6 | 28.9 | 14.1 | |
| 19.5 | 17.8 | 21.2 | 30.4 | 39.1 | 21.5 | 24.1 | 25.3 | 24.2 | 24.3 | 29.2 | 19.3 | 10.9 | 18.7 | 15.5 | 10.4 | 14.2 | 30.3 | 32.9 | 36.1 | 26.0 | 33.3 | 33.2 | 37.2 | 43.7 | 46.7 | 22.0 | 40.4 | 29.7 | 13.9 | |
| 5.1% | 5.6% | 4.7% | 3.3% | 2.6% | 4.7% | 4.2% | 3.9% | 4.1% | 4.1% | 3.4% | 5.2% | 9.2% | 5.4% | 6.5% | 9.7% | 7.1% | 3.3% | 3.0% | 2.8% | 3.9% | 3.0% | 3.0% | 2.7% | 2.3% | 2.1% | 4.6% | 2.5% | 3.4% | 7.2% | |
| Margins | ||||||||||||||||||||||||||||||
| 82.1% | 86.2% | 87.5% | 90.7% | 93.1% | 93.4% | 91.0% | 92.8% | 93.7% | 94.3% | 88.6% | 88.8% | 89.9% | 89.9% | 89.4% | 89.6% | 89.0% | 85.5% | 85.0% | 84.5% | 86.0% | 86.2% | 86.8% | 85.0% | 86.6% | 88.2% | 87.7% | 87.9% | 89.0% | 88.6% | |
| 18.7% | 25.3% | 14.0% | 25.6% | 32.2% | 30.8% | 24.6% | 29.3% | 35.5% | 37.0% | 21.4% | 27.2% | 28.7% | 23.4% | 26.1% | 26.1% | 26.8% | 10.4% | 10.0% | 18.8% | 25.5% | 29.7% | 31.5% | 29.3% | 32.9% | 36.8% | 34.6% | 34.3% | 31.3% | 36.6% | |
| 19.5% | 20.5% | 11.8% | 23.4% | 22.7% | 16.7% | 16.4% | 20.6% | 27.0% | 30.7% | 19.6% | 22.9% | 24.4% | 13.1% | 20.4% | 19.8% | 18.9% | 7.2% | 6.5% | 13.1% | 20.0% | 23.2% | 28.7% | 26.4% | 40.9% | 30.5% | 27.0% | 28.0% | 25.9% | 30.0% | |
| 19.4% | 19.2% | 16.1% | 28.8% | 32.8% | 30.3% | 25.6% | 30.4% | 37.2% | 34.7% | 32.8% | 41.4% | 32.7% | 33.9% | 24.8% | 31.6% | 27.9% | 23.8% | 27.5% | 26.8% | 34.1% | 37.5% | 41.7% | 36.6% | 41.2% | 43.7% | 42.0% | 35.8% | 36.4% | 41.4% | |
| Returns | ||||||||||||||||||||||||||||||
| 21.7% | 26.1% | 20.4% | 46.4% | 38.2% | 33.3% | 28.4% | 24.2% | 31.6% | 32.3% | 9.8% | 15.6% | 19.8% | 7.9% | 14.9% | 14.4% | 12.5% | 4.3% | 4.0% | 9.0% | 15.7% | 20.0% | 27.7% | 28.0% | 39.7% | 32.6% | 33.8% | 32.9% | 39.4% | 61.3% | |
| 15.3% | 19.9% | 13.7% | 29.6% | 26.9% | 22.1% | 18.2% | 17.1% | 23.0% | 24.7% | 8.5% | 12.7% | 15.0% | 5.3% | 9.5% | 9.3% | 8.3% | 2.8% | 2.5% | 5.4% | 9.2% | 11.7% | 13.8% | 14.2% | 21.7% | 17.7% | 17.5% | 18.2% | 18.4% | 24.2% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -17 | -165 | 6.7 | -20 | -55 | -90 | -49 | -30 | -56 | -194 | -459 | -559 | -101 | 47 | 773 | 525 | 83 | 694 | 400 | 1,065 | 972 | -361 | 2,575 | 1,488 | -269 | 376 | -20 | -3,434 | -1,910 | 856 | |
| -0.1 | -0.6 | 0.0 | -0.1 | -0.1 | -0.2 | -0.1 | -0.1 | -0.1 | -0.2 | -0.5 | -0.5 | -0.1 | 0.0 | 0.6 | 0.4 | 0.1 | 0.9 | 0.5 | 0.8 | 0.5 | -0.1 | 0.8 | 0.4 | -0.1 | 0.1 | 0.0 | -0.4 | -0.2 | 0.1 | |
| 70.6% | 76.1% | 67.3% | 63.7% | 70.4% | 66.3% | 64.1% | 70.8% | 72.7% | 76.4% | 86.4% | 81.4% | 75.8% | 67.2% | 63.8% | 64.3% | 66.4% | 64.8% | 62.8% | 59.7% | 58.4% | 58.2% | 49.9% | 50.7% | 54.6% | 54.3% | 51.7% | 55.5% | 46.7% | 39.4% | |
| 0.1 | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.5 | |
| Per Share | ||||||||||||||||||||||||||||||
| 0.25 | 0.31 | 0.19 | 0.46 | 0.56 | 0.41 | 0.39 | 0.55 | 0.91 | 1.19 | 0.83 | 1.21 | 1.59 | 0.73 | 1.47 | 1.65 | 1.66 | 0.56 | 0.53 | 1.24 | 2.32 | 3.38 | 5.20 | 6.00 | 10.85 | 10.02 | 10.10 | 11.83 | 12.36 | 16.70 | |
| 1.29 | 1.54 | 1.65 | 1.96 | 2.48 | 2.47 | 2.40 | 2.68 | 3.36 | 3.87 | 4.21 | 5.27 | 6.53 | 5.55 | 7.23 | 8.37 | 8.76 | 7.90 | 8.16 | 9.46 | 11.61 | 14.57 | 18.14 | 22.73 | 26.53 | 32.82 | 37.38 | 42.29 | 47.79 | 55.67 | |
| 1.16 | 1.21 | 0.95 | 0.99 | 1.47 | 1.24 | 1.39 | 2.28 | 2.87 | 3.67 | 8.42 | 7.77 | 8.04 | 9.22 | 9.87 | 11.48 | 13.26 | 13.10 | 13.33 | 13.81 | 14.72 | 16.88 | 18.81 | 21.42 | 27.35 | 30.76 | 29.83 | 35.99 | 31.34 | 27.22 | |
| 0.25 | 0.29 | 0.26 | 0.56 | 0.81 | 0.75 | 0.61 | 0.82 | 1.25 | 1.34 | 1.38 | 2.18 | 2.13 | 1.88 | 1.79 | 2.65 | 2.44 | 1.88 | 2.24 | 2.53 | 3.96 | 5.46 | 7.56 | 8.31 | 10.94 | 14.33 | 15.70 | 15.12 | 17.39 | 23.07 | |
Data as of: September 18, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.