Company Fundamentals - Segments

Company Name Adobe Inc (ADBE.O)

Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Segments - Business Line By Statement Item (Currency: Standardized)
Field Name TRBC 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Income/Expense - Business
External Revenue - Business Segment 11,171 12,868 15,785 17,606 19,409
Digital Experience 513210, 541511 3,206.2 3,125.0 3,867.0 4,422.0 4,893.0
Digital Media 513210, 541512 7,707.0 9,233.0 11,520 12,842 14,216
Publishing and Advertising 513210, 541512 258.2 510.0 398.0 342.0 300.0
Segment Revenue - % - Business Segment 100.0% 100.0% 100.0% 100.0% 100.0%
Digital Experience 513210, 541511 28.7% 24.3% 24.5% 25.1% 25.2%
Digital Media 513210, 541512 69.0% 71.8% 73.0% 72.9% 73.2%
Publishing and Advertising 513210, 541512 2.3% 4.0% 2.5% 1.9% 1.6%
Standardized Revenue - Business Segment 11,171 12,868 15,785 17,606 19,409
Digital Experience 513210, 541511 3,206.2 3,125.0 3,867.0 4,422.0 4,893.0
Digital Media 513210, 541512 7,707.0 9,233.0 11,520 12,842 14,216
Publishing and Advertising 513210, 541512 258.2 510.0 398.0 342.0 300.0
Cost of Revenues - Total - Business Segment 1,672.7 1,722.0 1,865.0 2,165.0 2,354.0
Digital Experience 513210, 541511 1,362.9 1,126.0 1,321.0 1,502.0 1,603.0
Digital Media 513210, 541512 289.6 352.0 429.0 561.0 665.0
Publishing and Advertising 513210, 541512 20.20 244.0 115.0 102.0 86.00
Gross Profit - Business Segment 9,498.6 11,146 13,920 15,441 17,055
Digital Experience 513210, 541511 1,843.3 1,999.0 2,546.0 2,920.0 3,290.0
Digital Media 513210, 541512 7,417.3 8,881.0 11,091 12,281 13,551
Publishing and Advertising 513210, 541512 238.0 266.0 283.0 240.0 214.0
Gross Margin (%) - Business Segment 85.0% 86.6% 88.2% 87.7% 87.9%
Digital Experience 513210, 541511 57.5% 64.0% 65.8% 66.0% 67.2%
Digital Media 513210, 541512 96.2% 96.2% 96.3% 95.6% 95.3%
Publishing and Advertising 513210, 541512 92.2% 52.2% 71.1% 70.2% 71.3%
Company Fundamentals - Segments
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Segments - Geographic Line By Statement Item (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Income/Expense - Geographic
External Revenue - Geographic Segment 11,171 12,868 15,785 17,606 19,409
Asia Pacific (APAC) 2,537.0 2,762.0 2,874.0
Europe, Middle East and Africa - EMEA 2,975.2 3,400.0 4,252.0 4,593.0 4,881.0
Japan 751.5 893.0
Other Americas 601.7 708.0 892.0 1,034.0 1,194.0
Other Asia-Pacific ex-Japan 938.6 1,121.0
United States 5,904.2 6,746.0 8,104.0 9,217.0 10,460
Segment Revenue - % - Geographic Segment 100.0% 100.0% 100.0% 100.0% 100.0%
Asia Pacific (APAC) 16.1% 15.7% 14.8%
Europe, Middle East and Africa - EMEA 26.6% 26.4% 26.9% 26.1% 25.2%
Japan 6.7% 6.9%
Other Americas 5.4% 5.5% 5.7% 5.9% 6.2%
Other Asia-Pacific ex-Japan 8.4% 8.7%
United States 52.9% 52.4% 51.3% 52.4% 53.9%
Standardized Revenue - Geographic Segment 11,171 12,868 15,785 17,606 19,409
Asia Pacific (APAC) 2,537.0 2,762.0 2,874.0
Europe, Middle East and Africa - EMEA 2,975.2 3,400.0 4,252.0 4,593.0 4,881.0
Japan 751.5 893.0
Other Americas 601.7 708.0 892.0 1,034.0 1,194.0
Other Asia-Pacific ex-Japan 938.6 1,121.0
United States 5,904.2 6,746.0 8,104.0 9,217.0 10,460
International Sales - Geographic Segment 5,267.1 6,122.0 7,681.0 8,389.0 8,949.0
International Operating Income - Geographic Segment 2,767.1 3,086.0 3,969.0 4,050.0 3,334.0
Pre-Tax Margin (%) - Geographic Segment 28.7% 32.5% 36.1% 34.1% 35.0%
United States 7.4% 16.2% 21.4% 21.2% 33.1%
Net Income before Tax - Geographic Segment 3,204.7 4,176.0 5,705.0 6,008.0 6,799.0
Foreign 2,767.1 3,086.0 3,969.0 4,050.0 3,334.0
United States 437.6 1,090.0 1,736.0 1,958.0 3,465.0
Assets - Geographic
Property, Plant & Equipment - Net - Total-Geographic Segment 1,293.0 1,517.0 1,673.0 1,908.0 2,030.0
Asia Pacific (APAC) 109.5 123.0 129.0 148.0 202.0
Europe, Middle East and Africa - EMEA 54.39 64.00 63.00 69.00 87.00
Other Americas 2.74 2.00 1.00 1.00 1.00
United States 1,126.4 1,328.0 1,480.0 1,690.0 1,740.0
Company Fundamentals - Segments
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Segments - Geographic Segment Aggregation (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Revenue - Geographic Aggregation
Americas 6,505.9 7,454.0 8,996.0 10,251 11,654
Northern America 5,904.2 6,746.0 8,104.0 9,217.0 10,460
United States 5,904.2 6,746.0 8,104.0 9,217.0 10,460
Other American countries 601.7 708.0 892.0 1,034.0 1,194.0
Asia / Pacific 938.6 1,121.0 2,537.0 2,762.0 2,874.0
Europe Middle East and Africa (EMEA) 2,975.2 3,400.0 4,252.0 4,593.0 4,881.0
Asia 751.5 893.0
Eastern Asia 751.5 893.0
Japan 751.5 893.0
Company Fundamentals - Income Statement
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Income Statement - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Revenues
Revenue from Goods & Services 11,171 12,868 15,785 17,606 19,409
Sales of Goods & Services - Net - Unclassified 11,171 12,868 15,785 17,606 19,409
Revenue from Business Activities - Total 11,171 12,868 15,785 17,606 19,409
Operating Expenses
Cost of Operating Revenue 1,848.0 1,884.0 2,037.0 2,334.0 2,522.0
Cost of Revenues - Total 1,848.0 1,884.0 2,037.0 2,334.0 2,522.0
Cost of Revenues - Unclassified 1,391.3 1,456.0 1,614.0 1,832.0 2,032.0
Amortization in Cost of Revenues 402.2 367.0 353.0 405.0 375.0
Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues 54.45 61.00 70.00 97.00 115.0
Gross Profit - Industrials/Property - Total 9,323.3 10,984 13,748 15,272 16,887
Selling, General & Administrative Expenses - Total 5,884.3 6,561.0 7,946.0 9,174.0 10,237
Selling, General & Administrative Expenses - Unclassified 3,596.0 3,992.0 4,723.0 5,332.0 5,781.0
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 358.1 381.0 471.0 617.0 729.0
Research & Development Expense 1,930.2 2,188.0 2,540.0 2,987.0 3,473.0
Amortization of Intangibles in Selling, General & Administrative Expenses 212.0 238.0 254.0
Operating Expenses - Total 7,732.3 8,445.0 9,983.0 11,508 12,759
Operating Profit
Operating Profit before Non-Recurring Income/Expense 3,439.0 4,423.0 5,802.0 6,098.0 6,650.0
Non-Operating Expenses
Financing Income/(Expense) - Net - Total -63.69 -70.00 -104.0 -62.00 138.0
Interest Expense - Net of (Interest Income) 88.89 73.00 96.00 51.00 -156.0
Interest Income - Non-Bank 68.32 43.00 17.00 61.00 269.0
Interest Expense - Net of Capitalized Interest 157.2 116.0 113.0 112.0 113.0
Non-Interest Financial Income/(Expense) - Total 25.20 3.00 -8.00 -11.00 -18.00
Foreign Exchange Gain/(Loss) - Non-Business -26.25 -2.00 -17.00 -21.00 -17.00
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) 51.46 5.00 9.00 10.00 -1.00
Other Non-Operating Income/(Expense) - Total 27.28 1.00 1.00
Derivatives - Hedging - Realized Gain/(Loss) 6.93
Normalized Pre-tax Profit 3,402.6 4,353.0 5,698.0 6,037.0 6,789.0
Non-Recurring Income/Expense
Non-Recurring Income/(Expense) - Total -197.9 -177.0 7.00 -29.00 10.00
Derivatives - Hedging - Ineffective Gain/(Loss) -24.27
Unrealized Adjustments on Derivatives for Hedging -2.70
Fair Value Adjustments - Financial Investments 9.00 7.00 -29.00 10.00
Sale & Acquisition of Group Companies - Gain/(Loss) -170.9 -186.0
Pre-Tax Income
Income before Taxes 3,204.7 4,176.0 5,705.0 6,008.0 6,799.0
Taxes
Income Taxes 250.3 -1,084.0 883.0 1,252.0 1,371.0
Income Taxes for the Year - Current 248.6 420.0 691.0 926.0 1,793.0
Income Taxes - Domestic - Current 37.46 198.0 494.0 597.0 1,458.0
Income Taxes - Foreign - Current 211.2 222.0 197.0 329.0 335.0
Income Taxes - Deferred 1.70 -1,504.0 192.0 326.0 -422.0
Income Taxes - Domestic - Deferred 13.37 -191.0 -167.0 -34.00 -649.0
Income Taxes - Foreign - Deferred -11.67 -1,313.0 359.0 360.0 227.0
Net Income After Tax
Net Income after Tax 2,954.4 5,260.0 4,822.0 4,756.0 5,428.0
After Tax Income/Expense
Income before Discontinued Operations & Extraordinary Items 2,954.4 5,260.0 4,822.0 4,756.0 5,428.0
Extraordinary Activities - after Tax - Gain/(Loss) -2.95 0
Extraordinary Items -2.95 0
Net Income before Minority Interest 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Net Income after Minority Interest 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Net Income
Income Available to Common Shares 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Other Comprehensive Income
Other Comprehensive Income - Starting Line 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Other Comprehensive Income - Foreign Currency -25.40 66.00 -60.00 -105.0 22.00
Other Comprehensive Income - Unrealized Investment Gain/(Loss) 29.53 2.00 -8.00 -39.00 29.00
Other Comprehensive Income - Hedging Gain/(Loss) -44.04 -38.00 89.00 -12.00 -43.00
Other Comprehensive Income - Net of Tax - Total -39.90 30.00 21.00 -156.0 8.00
Comprehensive Income before Minority Interest - Total 2,911.6 5,290.0 4,843.0 4,600.0 5,436.0
Comprehensive Income - Attributable to Parent Company Equity Holders - Total 2,911.6 5,290.0 4,843.0 4,600.0 5,436.0
Share/Per Share - Basic
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Income available to Common excluding Extraordinary Items 2,954.4 5,260.0 4,822.0 4,756.0 5,428.0
Shares used to calculate Basic EPS - Total 486.3 481.0 477.0 470.0 457.0
EPS - Basic - including Extraordinary Items Applicable to Common - Total 6.07 10.94 10.11 10.12 11.88
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total 6.08 10.94 10.11 10.12 11.88
EPS - Basic - excluding Extraordinary Items - Normalized - Total 6.48 11.30 10.09 10.18 11.86
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Earnings Allocation Factor - Basic - Issue Specific 1.00 1.00 1.00 1.00 1.00
Shares used to calculate Basic EPS - Issue Specific 486.3 481.0 477.3 469.5 457.1
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific 6.07 10.94 10.10 10.13 11.87
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific 6.08 10.94 10.10 10.13 11.87
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific 6.48 11.30 10.09 10.19 11.85
EPS - Basic from Discontinued Operations & Extraordinary Items -0.01 0 0 0 0
Comprehensive Earnings Per Share - Basic - Issue Specific 5.99 11.00 10.15 9.80 11.89
Share/Per Share - Diluted
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Diluted Income available to Common excluding Extraordinary Items 2,954.4 5,260.0 4,822.0 4,756.0 5,428.0
Shares used to calculate Diluted EPS - Total 491.6 485.0 481.0 471.0 459.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Total 6.00 10.85 10.02 10.10 11.83
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total 6.01 10.85 10.02 10.10 11.83
EPS - Diluted - excluding Extraordinary Items - Normalized - Total 6.41 11.21 10.01 10.16 11.80
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Earnings Allocation Factor - Diluted - Issue Specific 1.00 1.00 1.00 1.00 1.00
Shares used to calculate Diluted EPS - Issue Specific 491.6 485.0 481.0 470.9 459.1
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific 6.00 10.85 10.02 10.10 11.82
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific 6.01 10.85 10.02 10.10 11.82
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific 6.41 11.21 10.01 10.16 11.80
EPS - Diluted from Discontinued Operations & Extraordinary Items -0.01 0 0 0 0
Comprehensive Earnings Per Share - Diluted - Issue Specific 5.92 10.91 10.07 9.77 11.84
Share/Per Share - Dividends
DPS - Common - Gross - Issue - By Announcement Date 0 0 0 0 0
DPS - Common - Net - Issue - By Announcement Date 0 0 0 0 0
EBIT/EBITDA & related
Earnings before Interest & Taxes (EBIT) 3,439.0 4,423.0 5,802.0 6,098.0 6,650.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 4,175.7 5,180.0 6,590.0 6,954.0 7,522.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments 4,346.2 5,299.0 6,709.0 7,075.0 7,639.0
Depreciation/Amortization - Income Statement
Depreciation & Amortization - Supplemental 575.4 354.0 592.0 596.0 657.0
Depreciation Expense - Total - Supplemental 173.1 192.0 207.0 189.0 235.0
Amortization - Total - Supplemental 402.3 162.0 385.0 407.0 422.0
Intangible Amortization - Other - Supplemental 402.3 162.0 385.0 407.0 422.0
Amortization of Capitalized Research & Development Expenses - Supplemental 212.0 238.0 254.0
Depreciation/Amortization - Total
Depreciation, Depletion & Amortization - Total 736.7 757.0 788.0 856.0 872.0
Depreciation - Total 173.1 192.0 207.0 189.0 235.0
Amortization of Intangible Assets excluding Goodwill - Total 402.3 367.0 565.0 643.0 629.0
Research & Development
Research & Development Expense - Expensed & Capitalized - Total - Supplemental 1,930.2 2,188.0 2,540.0 2,987.0 3,473.0
Research & Development Expense - Supplemental 1,930.2 2,188.0 2,540.0 2,987.0 3,473.0
Labor & Related Expenses
Stock-Based Compensation Expense - Net of Tax - Supplemental 1,036.1 1,261.0 1,485.0 1,731.0 2,017.0
Stock-Based Compensation Expense - Pre-tax - Supplemental 787.7 909.0 1,090.0 1,440.0 1,718.0
Stock-Based Compensation - Tax Benefit - Supplemental -248.4 -352.0 -395.0 -291.0 -299.0
Auditor Fees
Auditor Fees 8.20 8.08 8.81 9.25
Audit-Related Fees 7.31 7.38 8.02 8.46
Tax Fees 0.89 0.70 0.78 0.79
Fees - Other 0 0 0.02 0
Normalized
Normalized after Tax Profit 3,152.3 5,437.0 4,815.0 4,785.0 5,418.0
Normalized Net Income from Continuing Operations 3,152.3 5,437.0 4,815.0 4,785.0 5,418.0
Normalized Net Income - Bottom Line 3,152.3 5,437.0 4,815.0 4,785.0 5,418.0
Earnings before Interest & Taxes (EBIT) - Normalized 3,491.5 4,426.0 5,794.0 6,088.0 6,633.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 4,228.2 5,183.0 6,582.0 6,944.0 7,505.0
Derivatives - Realized Gain/Loss
Derivatives - Realized Gain/(Loss) (including Reclassified from OCI) - Revenue - Supplemental 39.11
Derivatives
Derivatives - Hedging - Gain/(Loss) - Total - Supplemental -20.04
Unrealized Adjustments on Derivatives for Hedging - Supplemental -2.70
Derivatives - Hedging - Realized Gain/(Loss) - Total - Supplemental -17.34
Derivatives - Hedging - Ineffective Gain/(Loss) - Supplemental -24.27
Other
Rental/Operating Lease Expense 170.5 119.0 119.0 121.0 117.0
Advertising Expenses - Supplemental 221.1 362.0 540.0 1,040.0 970.0
Cost of Revenue including Operation & Maintenance (Utility) - Total 1,848.0 1,884.0 2,037.0 2,334.0 2,522.0
Cost of Revenues excluding Depreciation 1,445.7 1,517.0 1,684.0 1,929.0 2,147.0
Interest Expense 157.2 116.0 113.0 112.0 113.0
Operating Expenses 7,732.3 8,445.0 9,983.0 11,508 12,759
Selling, General & Administrative Expenses excluding Research & Development Expenses 3,954.1 4,373.0 5,406.0 6,187.0 6,764.0
Company Fundamentals - Balance Sheet
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Balance Sheet - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Current Assets
Cash & Short-Term Investments 4,177.0 5,992.0 5,798.0 6,096.0 7,842.0
Cash & Cash Equivalents 2,650.2 4,478.0 3,844.0 4,236.0 7,141.0
Short-Term Investments - Total 1,526.8 1,514.0 1,954.0 1,860.0 701.0
Derivative Financial Instruments - Hedging - Short-Term 28.83
Loans & Receivables - Net - Short-Term 1,598.7 1,479.0 1,878.0 2,065.0 2,224.0
Trade Accounts & Trade Notes Receivable - Net 1,534.8 1,398.0 1,878.0 2,065.0 2,224.0
Trade Accounts & Trade Notes Receivable - Gross 1,544.5 1,408.0 1,894.0 2,088.0 2,240.0
Provision - Trade Accounts & Trade Notes Receivable 9.65 10.00 16.00 23.00 16.00
Receivables - Other - Total 63.90 81.00
Prepaid Expenses - Short-Term 531.4 497.0 788.0 612.0 784.0
Other Current Assets - Total 159.0 178.0 205.0 223.0 234.0
Deferred Costs - Short-Term 159.0 178.0 205.0 223.0 234.0
Total Current Assets 6,494.9 8,146.0 8,669.0 8,996.0 11,084
Non-Current Assets
Derivative Financial Instruments - Hedging - Long-Term 0
Property, Plant & Equipment - Net - Total 1,293.0 2,004.0 2,116.0 2,315.0 2,388.0
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total 1,293.0 2,004.0 2,116.0 2,315.0 2,388.0
Property, Plant & Equipment - Gross - Total 2,861.7 3,462.0 3,567.0 3,884.0 4,119.0
Property, Plant & Equipment - excluding Assets Leased Out - Gross 2,861.7 3,462.0 3,567.0 3,884.0 4,119.0
Land & Buildings - Gross 1,181.3 1,330.0 1,317.0 1,305.0 2,098.0
Land/Improvements - Gross 144.9 145.0 145.0 144.0 163.0
Buildings - Gross 790.2 901.0 904.0 902.0 1,660.0
Leasehold Improvements - Gross 246.2 284.0 268.0 259.0 275.0
Plant, Machinery & Equipment - Gross 1,424.4 1,287.0 1,255.0 1,352.0 1,490.0
Computer Software & Equipment - Gross 1,424.4 1,287.0 1,255.0 1,352.0 1,490.0
Construction in Progress - Gross 112.2 199.0 402.0 675.0 2.00
Right of Use Tangible Assets - Total - Gross 487.0 443.0 407.0 358.0
Right of Use Tangible Assets - Operating Lease - Gross 487.0 443.0 407.0 358.0
Property, Plant & Equipment - Other - Gross 143.7 159.0 150.0 145.0 171.0
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total 1,568.6 1,458.0 1,451.0 1,569.0 1,731.0
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total 1,568.6 1,458.0 1,451.0 1,569.0 1,731.0
Other Non-Current Assets - Total 562.7 2,033.0 1,968.0 1,618.0 2,414.0
Deferred Tax - Asset - Long-Term 1,370.0 1,085.0 777.0 1,191.0
Deferred Charges - Long-Term 314.7 352.0 406.0 406.0 422.0
Other Non-Current Assets 248.0 311.0 477.0 435.0 801.0
Intangible Assets - Total - Net 12,412 12,101 14,488 14,236 13,893
Goodwill/Cost in Excess of Assets Purchased - Net 10,691 10,742 12,668 12,787 12,805
Intangible Assets - excluding Goodwill - Net - Total 1,720.6 1,359.0 1,820.0 1,449.0 1,088.0
Computer Software - Intangible Assets - Net 536.0 409.0 709.0 530.0 337.0
Brands, Patents, Trademarks, Marketing & Artistic Intangibles - Net 310.8 262.0 248.0 203.0 159.0
Licenses, Franchises, Copyrights, Property Rights, Prototypes, Contract Based, Models & Designs - Net 12.70
Intangible Assets - Other - Net 861.1 688.0 863.0 716.0 592.0
Total Non-Current Assets 14,267 16,138 18,572 18,169 18,695
Total Assets
Total Assets 20,762 24,284 27,241 27,165 29,779
Current Liabilities
Trade Accounts Payable & Accruals - Short-Term 1,463.7 1,597.0 1,895.0 2,052.0 2,134.0
Trade Accounts & Trade Notes Payable - Short-Term 209.5 306.0 312.0 379.0 314.0
Accrued Expenses - Short-Term 1,254.2 1,291.0 1,583.0 1,673.0 1,820.0
Short-Term Debt & Current Portion of Long-Term Debt 3,149.1 0 500.0 0
Current Portion of Long-Term Debt including Capitalized Leases 3,149.1 0 500.0 0
Current Portion of Long-Term Debt excluding Capitalized Leases 3,149.1 0 500.0 0
Derivative Liabilities - Hedging - Short-Term 32.74 4.00
Income Taxes - Payable - Short-Term 138.6 158.0 173.0 192.0 207.0
Operating Lease Liabilities - Current Portion/Short-Term 92.00 97.00 87.00 73.00
Other Current Liabilities - Total 3,406.9 3,661.0 4,767.0 5,297.0 5,837.0
Deferred Income - Short-Term 3,378.0 3,629.0 4,733.0 5,297.0 5,837.0
 Other Current Liabilities 28.88 32.00 34.00
Total Current Liabilities 8,190.9 5,512.0 6,932.0 8,128.0 8,251.0
Non-Current Liabilities
Debt - Long-Term - Total 988.9 4,117.0 4,123.0 3,629.0 3,634.0
Long-Term Debt excluding Capitalized Leases 988.9 4,117.0 4,123.0 3,629.0 3,634.0
Debt - Non-Convertible - Long-Term 988.9 4,117.0 4,123.0 3,629.0 3,634.0
Derivative Liabilities - Hedging - Long-Term 0
Deferred Tax & Investment Tax Credits - Long-Term 140.5 10.00 5.00
Deferred Tax - Liability - Long-Term 140.5 10.00 5.00
Operating Lease Liabilities - Long-Term 499.0 453.0 417.0 373.0
Other Non-Current Liabilities - Total 911.9 882.0 931.0 940.0 1,003.0
Deferred Revenue - Long-Term 122.7 130.0 145.0 117.0 113.0
Other Non-Current Liabilities 789.2 752.0 786.0 823.0 890.0
Total Non-Current Liabilities 2,041.3 5,508.0 5,512.0 4,986.0 5,010.0
Total Liabilities
Total Liabilities 10,232 11,020 12,444 13,114 13,261
Shareholders' Equity
Shareholders' Equity - Attributable to Parent Shareholders - Total 10,530 13,264 14,797 14,051 16,518
Preferred Shareholders Equity 0 0 0 0 0
Preferred Stock - Non-Redeemable 0 0 0 0 0
Preferred Stock - Convertible - Non-Redeemable 0 0 0 0 0
Common Equity Attributable to Parent Shareholders 10,530 13,264 14,797 14,051 16,518
Common Stock - Treasury/Repurchased 10,615 13,546 17,399 23,843 28,129
Common Equity - Contributed 6,504.9 7,357.1 8,428.1 9,868.1 11,586
Common Stock - Issued & Paid 0.06 0.06 0.06 0.09 0.06
Common Stock - Additional Paid in Capital including Option Reserve 6,504.8 7,357.0 8,428.0 9,868.0 11,586
Equity - Non-Contributed - Reserves & Retained Earnings 14,641 19,453 23,768 28,026 33,061
Retained Earnings - Total 14,829 19,611 23,905 28,319 33,346
Comprehensive Income - Accumulated - Total -188.0 -158.0 -137.0 -293.0 -285.0
Investments - Unrealized Gain/Loss 4.20 6.00 -2.00 -41.00 -12.00
Hedging Reserves -22.31 -60.00 29.00 17.00 -26.00
Foreign Currency Translation Adjustment - Accumulated -169.9 -104.0 -164.0 -269.0 -247.0
Other Reserves/Equity - Total -0.06 -0.06 -0.09 -0.06
Common Equity - Total 10,530 13,264 14,797 14,051 16,518
Total Shareholders' Equity
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 10,530 13,264 14,797 14,051 16,518
Total Liabilities & Shareholders' Equity
Total Liabilities & Equity 20,762 24,284 27,241 27,165 29,779
Share/Per Share - Common
Common Shares - Issued - Total 600.8 601.0 601.0 601.0 601.0
Common Shares - Outstanding - Total 482.3 479.0 475.0 462.0 455.0
Common Shares - Treasury - Total 118.5 122.0 126.0 139.0 146.0
Common Shares - Authorized - Issue Specific 900.0 900.0 900.0 900.0 900.0
Common Shares - Issued - Issue Specific 600.8 601.0 601.0 601.0 601.0
Common Shares - Outstanding - Issue Specific 482.3 479.0 475.0 462.0 455.0
Common Shares - Treasury - Issue Specific 118.5 122.0 126.0 139.0 146.0
Share/Per Share - Other
Asset Allocation Factor - Issue Specific 1.00 1.00 1.00 1.00 1.00
Right of Use Tangible Assets
Right of Use Tangible Assets - Total - Net - Supplemental 487.0 443.0 407.0 358.0
Right of Use Tangible Assets - Operating Lease - Net - Supplemental 487.0 443.0 407.0 358.0
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net 1,517.0 1,673.0 1,908.0 2,030.0
Right of Use Liabilities
Total Operating Lease Liabilities 591.0 550.0 504.0 446.0
Operating Lease Liabilities - Current Portion/Short-Term - Supplemental 92.00 97.00 87.00 73.00
Operating Lease Liabilities - Long-Term - Supplemental 499.0 453.0 417.0 373.0
Finance and Operating Lease Liabilities - Total 591.0 550.0 504.0 446.0
Debt including Finance and Operating Lease Liabilities 4,138.1 4,708.0 4,673.0 4,633.0 4,080.0
Long-Term & Short-Term
Derivative Financial Instruments - Hedging - Total 28.83
Investments - Total 1,526.8 1,514.0 1,954.0 1,860.0 701.0
Loans & Receivables - Total 1,598.7 1,479.0 1,878.0 2,065.0 2,224.0
Accounts & Notes Receivable - Trade - Gross - Total 1,544.5 1,408.0 1,894.0 2,088.0 2,240.0
Other Assets - Total 721.7 2,211.0 2,173.0 1,841.0 2,648.0
Income Taxes - Payable - Long-Term & Short-Term 138.6 158.0 173.0 192.0 207.0
Payables & Accrued Expenses 1,463.7 1,597.0 1,895.0 2,052.0 2,134.0
Trade Account Payables - Total 209.5 306.0 312.0 379.0 314.0
Accrued Expenses 1,254.2 1,291.0 1,583.0 1,673.0 1,820.0
Derivative Liabilities - Hedging 32.74 4.00
Contract Assets - Short-Term - Unbilled Revenue in Excess of Advance Consideration & Progress Billings 63.90 81.00
Debt Related
Net Debt -38.92 -1,875.0 -1,675.0 -1,967.0 -4,208.0
Debt - Total 4,138.1 4,117.0 4,123.0 4,129.0 3,634.0
Revolving Line of Credit - Outstanding - Supplemental 0 0 0 0
Revolving Line of Credit - Unutilized/Unused Amount 1,500.0
Revolving Line of Credit - Total Principal Amount 1,000.0 1,000.0 1,500.0 1,500.0
Debt Maturity
Debt - Long-Term - Maturities - Total 4,373.3 4,763.0
Debt - Long-Term - Maturities - within 1 Year 3,227.0 99.00
Debt - Long-Term - Maturities - Year 3 65.00 693.0
Debt - Long-Term - Maturities - Year 5 65.00 1,659.0
Debt - Long-Term - Maturities - Remaining 1,016.3 2,312.0
Debt - Long-Term - Maturities - 2-3 Years 65.00 693.0
Debt - Long-Term - Maturities - 4-5 Years 65.00 1,659.0
Debt - Long-Term - Maturities - Year 6 & Beyond 1,016.3 2,312.0
Weighted Average Leases
Wgt Avg Remaining Lease Term (Years)-Operating Lease-US GAAP 9.00 8.00 7.00 6.00
Weighted Average Discount Rate - Operating Lease - US GAAP 0.0% 0.0% 0.0% 0.0%
Other
Accruals - Short-Term -4,346.2 -1,844.0 -2,107.0 -3,368.0 -4,308.0
Asset Accruals 7,421.0 9,064.0 10,729 10,142 9,833.0
Cash & Cash Equivalents - Total 2,650.2 4,478.0 3,844.0 4,236.0 7,141.0
Cash & Short Term Investments - Total 4,177.0 5,992.0 5,798.0 6,096.0 7,842.0
Debt - including Preferred Equity & Minority Interest - Total 4,138.1 4,117.0 4,123.0 4,129.0 3,634.0
Net Book Capital 10,491 11,389 13,122 12,084 12,310
Net Operating Assets 10,491 11,389 13,122 12,084 12,310
Provisions - Total 140.5 10.00 5.00
Shareholders Equity - Common 10,530 13,264 14,797 14,051 16,518
Tangible Total Equity -1,881.6 1,163.0 309.0 -185.0 2,625.0
Tangible Book Value -1,881.6 1,163.0 309.0 -185.0 2,625.0
Total Book Capital 14,668 17,381 18,920 18,180 20,152
Total Capital 14,668 17,381 18,920 18,180 20,152
Total Long Term Capital 12,571 18,772 20,309 19,037 21,528
Total Fixed Assets - Net 3,576.3 5,396.0 5,904.0 5,382.0 5,890.0
Unearned Revenue - Total 3,500.7 3,759.0 4,878.0 5,414.0 5,950.0
Working Capital -1,696.0 2,634.0 1,737.0 868.0 2,833.0
Working Capital - Non-Cash -5,873.0 -3,358.0 -4,061.0 -5,228.0 -5,009.0
Working Capital excluding Other Current Assets & Liabilities 1,551.9 6,117.0 6,299.0 5,942.0 8,436.0
Book Value excluding Other Equity 10,530 13,264 14,797 14,051 16,518
Order Backlog 6,380.0
Shareholders
Common Shareholders - Number 993.0 974.0 940.0 928.0 905.0
Operating Lease Maturity
Operating Lease Payments - Total 738.7 591.0 550.0 504.0 446.0
Operating Lease Payments - Due in Year 1 98.20 104.0 108.0 95.00 83.00
Operating Lease Payments - Due in Year 2 91.87 90.00 87.00 78.00 80.00
Operating Lease Payments - Due in Year 3 81.49 72.00 68.00 74.00 74.00
Operating Lease Payments - Due in Year 4 68.54 59.00 65.00 67.00 74.00
Operating Lease Payments - Due in Year 5 60.69 60.00 60.00 67.00 62.00
Operating Lease Payments - Remaining Maturities 337.9 272.0 216.0 167.0 111.0
Operating Lease Payments - Interest Cost/Imputed Interest 66.00 54.00 44.00 38.00
Operating Lease Payments - Due in 2-3 Years 173.4 162.0 155.0 152.0 154.0
Operating Lease Payments - Due in 4-5 Years 129.2 119.0 125.0 134.0 136.0
Operating Lease Payments - Due in Year 6 & Beyond 337.9 272.0 216.0 167.0 111.0
Employees
Employees - Full-Time/Full-Time Equivalents - Period End 22,634 22,516 25,988 29,239 29,945
Employees - Full-Time/Full-Time Equivalents - Current Date 22,634 22,516 25,988 29,239 29,945
Company Fundamentals - Cash Flow
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Cash Flow - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Operating Cash Flow - Indirect
Profit/(Loss) - Starting Line - Cash Flow 2,951.5 5,260.0 4,822.0 4,756.0 5,428.0
Non-cash Items & Reconciliation Adjustments - Cash Flow 1,493.3 281.0 2,116.0 2,746.0 2,229.0
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile 13.84 127.0 80.00 93.00 75.00
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile 736.7 757.0 788.0 856.0 872.0
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile 736.7 757.0 788.0 856.0 872.0
Deferred Income Taxes & Income Tax Credits - Cash Flow - to Reconcile 2.71 -1,501.0 183.0 328.0 -426.0
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile -47.63 -11.00 -4.00 29.00 -10.00
Share Based Payments - Cash Flow - to Reconcile 787.7 909.0 1,069.0 1,440.0 1,718.0
Cash Flow from Operating Activities before Changes in Working Capital 4,444.8 5,541.0 6,938.0 7,502.0 7,657.0
Working Capital - Increase/(Decrease) - Cash Flow -22.93 186.0 292.0 336.0 -355.0
Accounts Receivables - Decrease/(Increase) - Cash Flow -187.8 106.0 -430.0 -198.0 -159.0
Prepaid Expenses - Decrease/(Increase) - Cash Flow -531.1 -288.0 -475.0 -94.00 -818.0
Accounts Payable - Increase/(Decrease) - Cash Flow 23.13 96.00 -20.00 66.00 -49.00
Accrued Expenses - Increase/(Decrease) - Cash Flow 171.7 86.00 162.0 7.00 146.0
Taxes Payable - Increase/(Decrease) - Cash Flow 4.15 -72.00 2.00 19.00 -11.00
Other Liabilities - Increase/(Decrease) -Total - Cash Flow 497.0 258.0 1,053.0 536.0 536.0
Net Cash Flow from Operating Activities 4,421.8 5,727.0 7,230.0 7,838.0 7,302.0
Investing Cash Flow
Capital Expenditures - Net - Cash Flow 394.5 419.0 348.0 442.0 360.0
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow 394.5 419.0 348.0 442.0 360.0
Property, Plant & Equipment - Purchased - Cash Flow 394.5 419.0 348.0 442.0 360.0
Capital Expenditures - Total 394.5 419.0 348.0 442.0 360.0
Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow -100.7 0 -2,682.0 -126.0 0
Acquisition of Business - Cash Flow 100.7 0 2,682.0 0
Investments excluding Loans - Decrease/(Increase) - Cash Flow 39.60 5.00 -507.0 -2.00 1,136.0
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow 39.60 5.00 -507.0 -2.00 1,136.0
Investment Securities - Sold/Matured - Unclassified - Cash Flow 788.2 1,091.0 1,068.0 953.0 1,189.0
Investment Securities - Purchased - Unclassified - Cash Flow 748.6 1,086.0 1,575.0 955.0 53.00
Net Cash Flow from Investing Activities -455.6 -414.0 -3,537.0 -570.0 776.0
Financing Cash Flow
Stock - Total - Issuance/(Retirement) - Net - Cash Flow -2,517.1 -2,780.0 -3,659.0 -6,272.0 -4,086.0
Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow -2,517.1 -2,780.0 -3,659.0 -6,272.0 -4,086.0
Stock - Common - Issuance/(Retirement) - Net - Cash Flow -2,517.1 -2,780.0 -3,659.0 -6,272.0 -4,086.0
Stock - Common - Issued/Sold - Cash Flow 232.9 270.0 291.0 278.0 314.0
Stock - Common - Repurchased/Retired - Cash Flow 2,750.0 3,050.0 3,950.0 6,550.0 4,400.0
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow 0 -6.00 0 0 -500.0
Debt - Issued/(Reduced) - Long-Term - Cash Flow 0 -6.00 0 0 -500.0
Debt - Issued - Long-Term - Cash Flow 0 3,144.0 0 0
Debt - Reduced - Long-Term - Cash Flow 3,150.0 0 0 500.0
Other Financing Cash Flow - Increase/(Decrease) -429.0 -702.0 -642.0 -553.0 -596.0
Tax Payments or Benefits relating to Stock-based Compensation/Buyback/Withheld shares 440.0 681.0 719.0 518.0 589.0
Net Cash Flow from Financing Activities -2,946.0 -3,488.0 -4,301.0 -6,825.0 -5,182.0
Foreign Exchange Effects
Foreign Exchange Effects - Cash Flow -12.74 3.00 -26.00 -51.00 9.00
Change in Cash
Net Change in Cash - Total 1,007.5 1,828.0 -634.0 392.0 2,905.0
Net Cash from Continuing Operations 1,007.5 1,828.0 -634.0 392.0 2,905.0
Net Cash - Beginning Balance 1,642.8 2,650.0 4,478.0 3,844.0 4,236.0
Net Cash - Ending Balance 2,650.2 4,478.0 3,844.0 4,236.0 7,141.0
Supplemental
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental 352.5 469.0 843.0 778.0 1,854.0
Interest Paid - Cash Flow - Supplemental 152.1 88.00 100.0 103.0 106.0
CF from Optg Activities before Change in WC & Int Payments 4,444.8 5,541.0 6,938.0 7,502.0 7,657.0
Common Stock Buyback - Net 2,517.1 2,780.0 3,659.0 6,272.0 4,086.0
Depreciation, Depletion & Amortization - Cash Flow 736.7 757.0 788.0 856.0 872.0
Free Cash Flow to Equity 4,027.3 5,302.0 6,882.0 7,396.0 6,442.0
Free Cash Flow Net of Dividends 4,027.3 5,308.0 6,882.0 7,396.0 6,942.0
Free Cash Flow 4,027.3 5,308.0 6,882.0 7,396.0 6,942.0
Dividends Provided/Paid - Common 0 0 0 0 0
Company Fundamentals - Pension
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Pension - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Income/Expense
Total Pension Plans - Total Pension & Post-Retirement 51.70 59.00 64.00 76.00 85.00
Total Pension Plan Expense - Total 51.70 59.00 64.00 76.00 85.00
Total Pension Plans - Domestic 51.70 59.00 64.00 76.00 85.00
401(K) Plan Expense 51.70 59.00 64.00 76.00 85.00
401(K) Plan Expense - Total 51.70 59.00 64.00 76.00 85.00
401(K) Plan Expense - Domestic 51.70 59.00 64.00 76.00 85.00
Company Fundamentals - Financial Summary
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Financial Summary - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Selected Income Statement Items
Revenue from Business Activities - Total 11,171 12,868 15,785 17,606 19,409
Gross Profit - Industrials/Property - Total 9,323.3 10,984 13,748 15,272 16,887
Operating Profit before Non-Recurring Income/Expense 3,439.0 4,423.0 5,802.0 6,098.0 6,650.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 4,175.7 5,180.0 6,590.0 6,954.0 7,522.0
Income before Discontinued Operations & Extraordinary Items 2,954.4 5,260.0 4,822.0 4,756.0 5,428.0
Selected Balance Sheet Items
Cash & Cash Equivalents 2,650.2 4,478.0 3,844.0 4,236.0 7,141.0
Cash & Short-Term Investments 4,177.0 5,992.0 5,798.0 6,096.0 7,842.0
Total Assets 20,762 24,284 27,241 27,165 29,779
Debt - Total 4,138.1 4,117.0 4,123.0 4,129.0 3,634.0
Common Equity - Total 10,530 13,264 14,797 14,051 16,518
Selected Cash Flow Items
Net Cash Flow from Operating Activities 4,421.8 5,727.0 7,230.0 7,838.0 7,302.0
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile 736.7 757.0 788.0 856.0 872.0
Capital Expenditures - Net - Cash Flow 394.5 419.0 348.0 442.0 360.0
Net Change in Cash - Total 1,007.5 1,828.0 -634.0 392.0 2,905.0
Free Cash Flow Net of Dividends 4,027.3 5,308.0 6,882.0 7,396.0 6,942.0
Selected Per Share Data
Dividend Yield - Common Stock - Gross - Issue Specific - % 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend Yield - Common Stock - Net - Issue Specific - % 0.0% 0.0% 0.0% 0.0% 0.0%
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total 6.01 10.85 10.02 10.10 11.83
Shares used to calculate Diluted EPS - Total 491.6 485.0 481.0 471.0 459.0
Profitability / Return
Gross Profit Margin - % 83.5% 85.4% 87.1% 86.7% 87.0%
EBITDA Margin - % 37.4% 40.3% 41.8% 39.5% 38.8%
Operating Margin - % 30.8% 34.4% 36.8% 34.6% 34.3%
Income before Tax Margin - % 28.7% 32.5% 36.1% 34.1% 35.0%
Income Tax Rate - % 7.8% 26.0% 15.5% 20.8% 20.2%
Net Margin - % 26.5% 40.9% 30.6% 27.0% 28.0%
Free Cash Flow 4,027.3 5,308.0 6,882.0 7,396.0 6,942.0
Return on Average Common Equity - % (Income available to Common excluding Extraordinary Items) 29.7% 44.2% 34.4% 33.0% 35.5%
Return on Average Total Assets - % (Income before Discontinued Operations & Extraordinary Items) 15.0% 23.4% 18.7% 17.5% 19.1%
Return on Invested Capital - % 22.0% 33.7% 27.1% 26.1% 28.8%
Growth
Revenue from Business Activities - Total 11,171 12,868 15,785 17,606 19,409
Operating Profit before Non-Recurring Income/Expense 3,439.0 4,423.0 5,802.0 6,098.0 6,650.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 4,175.7 5,180.0 6,590.0 6,954.0 7,522.0
Income before Discontinued Operations & Extraordinary Items 2,954.4 5,260.0 4,822.0 4,756.0 5,428.0
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total 6.01 10.85 10.02 10.10 11.83
Common Shares - Outstanding - Total 482.3 479.0 475.0 462.0 455.0
Financial Strength / Leverage
Total Debt Percentage of Total Assets 19.9% 17.0% 15.1% 15.2% 12.2%
Total Debt Percentage of Total Capital 28.2% 23.7% 21.8% 22.7% 18.0%
Total Debt Percentage of Total Equity 39.3% 31.0% 27.9% 29.4% 22.0%
Debt Service 88.89 1,647.6 96.00 51.00 94.00
Debt Service Percentage of Normalized after Tax Profit 2.8% 30.3% 2.0% 1.1% 1.7%
Interest Coverage Ratio 21.87 38.13 51.35 54.45 58.85
Earnings Retention Rate 1.00 1.00 1.00 1.00 1.00
Dividend Payout Ratio - % 0.0% 0.0% 0.0% 0.0% 0.0%
Enterprise Value Breakdown
Market Capitalization 149,837 228,840 293,345 158,777 278,858
Debt - Total 4,138.1 4,117.0 4,123.0 4,129.0 3,634.0
Preferred Shareholders Equity 0 0 0 0 0
Cash & Short Term Investments - Total 4,177.0 5,992.0 5,798.0 6,096.0 7,842.0
Enterprise Value 149,798 226,965 291,670 156,810 274,650
Dupont / Earning Power
Asset Turnover 0.57 0.57 0.61 0.65 0.68
Income before Tax Margin - % 28.7% 32.5% 36.1% 34.1% 35.0%
Pretax ROA - % 16.2% 18.5% 22.1% 22.1% 23.9%
Total Assets to Total Shareholders Equity - including Minority Interest & Hybrid Debt 1.99 1.89 1.84 1.89 1.86
Pretax ROE - % 32.2% 35.1% 40.7% 41.7% 44.5%
Tax Complement 0.92 1.26 0.85 0.79 0.80
Return on Average Common Equity - % (Income available to Common excluding Extraordinary Items) 29.7% 44.2% 34.4% 33.0% 35.5%
Earnings Retention Rate 1.00 1.00 1.00 1.00 1.00
Reinvestment Rate - % 29.7% 44.2% 34.4% 33.0% 35.5%
Productivity
Net Income after Tax per Employee 134,319 233,001 198,829 172,235 183,428
Sales per Employee 507,890 570,011 650,874 637,587 655,887
Total Assets per Employee 917,310 1,078,522 1,048,215 929,067 994,457
Liquidity
Current Ratio 0.79 1.48 1.25 1.11 1.34
Working Capital to Total Assets -0.08 0.11 0.06 0.03 0.10
Operating
Accounts Receivable Turnover 7.67 8.36 9.40 8.93 9.05
Average Receivables Collection Days 47.74 43.77 39.66 40.98 40.44
Payables Turnover 9.34 7.31 6.59 6.76 7.28
Average Payables Payment Days 39.19 50.07 56.58 54.18 50.29
Average Net Trade Cycle Days 8.55 -6.30 -16.92 -13.19 -9.85
Company Fundamentals - Valuation
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Export Date 24-05-2024
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Valuation - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Enterprise Value
Enterprise Value 149,798 226,965 291,670 156,810 274,650
Enterprise Value, 5 Year Average 89,664 126,278 175,268 189,719 219,979
Market Capitalization
Market Capitalization 149,837 228,840 293,345 158,777 278,858
Market Capitalization, 5 Year Average 91,272 127,845 176,597 190,653 221,931
Price Close
Price Close (End of Period) 309.5 477.0 616.5 341.5 612.5
Price Close (End of Period), 5 Year Average 186.4 263.3 366.7 399.1 471.4
FOCF Yield
Free Cash Flow Yield - % 2.7% 2.3% 2.3% 4.6% 2.5%
Free Cash Flow Yield - %, 5 Year Average 3.0% 2.7% 2.5% 2.8% 2.7%
Dividend Yield
Dividend Yield - Common Stock - Net - Issue Specific - % 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend Yield - Common Stock - Net - Issue Specific - %, 5 Year Average 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend Yield - Common Stock - Gross - Issue Specific - % 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend Yield - Common Stock - Gross - Issue Specific - %, 5 Year Average 0.0% 0.0% 0.0% 0.0% 0.0%
Price to Book
Price to Book Value per Share - Issue Specific 14.18 17.23 19.79 11.23 16.87
Price to Book Value per Share - Issue Specific, 5 Year Average 10.67 13.04 15.66 15.32 15.99
Price to Tangible Book
Price to Tangible Book Value per Share 196.5 947.7 106.2
Price to Tangible Book Value per Share, 5 Year Average 518.5
Price to Sales
Price to Revenue from Business Activities - Total per Share 13.62 17.98 18.79 9.14 14.48
Price to Revenue from Business Activities - Total per Share, 5 Year Average 12.18 14.07 15.97 14.50 14.57
Price to FOCF
Price to Free Cash Flow per Share 37.78 43.59 43.09 21.75 40.50
Price to Free Cash Flow per Share, 5 Year Average 33.64 36.46 39.46 35.19 36.67
Price to CF Per Share
Price to Cash Flow per Share 41.22 38.45 52.86 28.66 44.62
Price to Cash Flow per Share, 5 Year Average 41.05 39.67 43.78 40.10 41.19
Price to Diluted EPS
Price to EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total 51.50 43.98 61.50 33.82 51.79
Price to EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total, 5 Year Average 50.30 46.81 51.16 46.89 48.30
Price to Normalized Diluted EPS
Price to EPS - Diluted - excluding Extraordinary Items - Normalized - Total 48.27 42.55 61.59 33.62 51.89
Price to EPS - Diluted - excluding Extraordinary Items - Normalized - Total, 5 Year Average 10.67 13.04 15.66 15.32 15.99
PEG Ratio
PE Growth Ratio 6.64 0.55 -8.13 46.63 3.03
PE Growth Ratio, 5 Year Average 0.80 0.86 1.50 1.92 2.98
EV to Sales
Enterprise Value to Revenue from Business Activities - Total 13.41 17.64 18.48 8.91 14.15
Enterprise Value to Revenue from Business Activities - Total, 5 Year Average 11.75 13.66 15.61 14.27 14.31
EV to EBITDA
Enterprise Value to Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 35.87 43.82 44.26 22.55 36.51
Enterprise Value to Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA), 5 Year Average 34.69 37.45 40.52 36.36 36.15
EV to CFO
Enterprise Value to Net Cash Flow from Operating Activities 33.88 39.63 40.34 20.01 37.61
Enterprise Value to Net Cash Flow from Operating Activities, 5 Year Average 29.82 32.73 36.03 32.43 33.82
EV to FOCF
Enterprise Value to Free Cash Flow 37.20 42.76 42.38 21.20 39.56
Enterprise Value to Free Cash Flow, 5 Year Average 32.47 35.41 38.58 34.65 36.00
Company Fundamentals - Operating Metrics
Company Name Adobe Inc (ADBE.O)
Country of Exchange United States of America
Country of Headquarters United States of America
TRBC Industry Group Software & IT Services
CF Template IND
Consolidation Basis Consolidated
Scaling Millions
Period Annual
Measure system Metric
Statement Data 2019 2020 2021 2022 2023
Period End Date 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Standardized Currency USD USD USD USD USD
Operating Metrics - Standardized (Currency: Standardized)
Field Name 29-11-2019 27-11-2020 03-12-2021 02-12-2022 01-12-2023
Value
Value of Backlog - Total 9,820,000,000 11,340,000,000 13,990,000,000 15,190,000,000 17,220,000,000