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Adobe Systems Incorporated

Technology US ADBE

473.44USD
-3.68(0.77%)

Last update at 2024-04-25T20:12:00Z

Day Range

465.78474.50
LowHigh

52 Week Range

318.60633.89
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Income before tax 6799.00M 6008.00M 5705.00M 4176.00M 3204.74M
Minority interest - - - - -
Net income 5428.00M 4756.00M 4822.00M 5260.00M 2951.46M
Selling general administrative 1413.00M 1219.00M 1085.00M 968.00M 880.64M
Selling and marketing expenses 5351.00M 4968.00M 4321.00M 3591.00M 3244.35M
Gross profit 17055.00M 15441.00M 13920.00M 11146.00M 9498.58M
Reconciled depreciation 872.00M 856.00M 788.00M 757.00M 736.67M
Ebit 6896.00M 6098.00M 5802.00M 4237.00M 3268.12M
Ebitda 7768.00M 6995.00M 6590.00M 5036.00M 3935.12M
Depreciation and amortization 872.00M 897.00M 788.00M 799.00M 667.00M
Non operating income net other - 22.00M 16.00M 55.00M 93.83M
Operating income 6650.00M 6098.00M 5802.00M 4237.00M 3268.12M
Other operating expenses 12759.00M 11508.00M 9983.00M 8631.00M 7903.18M
Interest expense 113.00M 112.00M 113.00M 116.00M 157.21M
Tax provision 1371.00M 1252.00M 883.00M -1084.00000M 253.28M
Interest income - 61.00M 17.00M 43.00M 68.32M
Net interest income -113.00000M -112.00000M -113.00000M -116.00000M -88.89300M
Extraordinary items - - - - -2.95500M
Non recurring - - - - -
Other items - - - - -
Income tax expense 1371.00M 1252.00M 883.00M -1084.00000M 253.28M
Total revenue 19409.00M 17606.00M 15785.00M 12868.00M 11171.30M
Total operating expenses 10405.00M 9343.00M 8118.00M 6909.00M 6230.46M
Cost of revenue 2354.00M 2165.00M 1865.00M 1722.00M 1672.72M
Total other income expense net 262.00M -90.00000M -97.00000M -61.00000M -63.38000M
Discontinued operations - - - - -
Net income from continuing ops 5428.00M 4756.00M 4822.00M 5260.00M 2951.46M
Net income applicable to common shares - 4756.00M 4822.00M 5260.00M 2951.46M
Preferred stock and other adjustments - - - - -
Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Total assets 29779.00M 27165.00M 27241.00M 24284.00M 20762.40M
Intangible assets 1088.00M 1449.00M 1820.00M 1359.00M 1720.57M
Earning assets - - - - -
Other current assets 1018.00M 835.00M 975.00M 756.00M 783.14M
Total liab 13261.00M 13114.00M 12444.00M 11020.00M 10232.25M
Total stockholder equity 16518.00M 14051.00M 14797.00M 13264.00M 10530.16M
Deferred long term liab - 406.00M 5.00M 10.00M 263.23M
Other current liab 2027.00M 1865.00M 1790.00M 1485.00M 1454.11M
Common stock - - - - 0.06M
Capital stock 0.00000M 0.00000M 0.00000M 0.00000M 0.06M
Retained earnings 33346.00M 28319.00M 23905.00M 19611.00M 14828.56M
Other liab - 940.00M 936.00M 892.00M 1052.38M
Good will 12805.00M 12787.00M 12721.00M 10742.00M 10691.20M
Other assets - 1618.00M 1933.00M 2033.00M 562.70M
Cash 7141.00M 4236.00M 3844.00M 4478.00M 2650.22M
Cash and equivalents - - - - -
Total current liabilities 8251.00M 8128.00M 6932.00M 5512.00M 8190.94M
Current deferred revenue 5837.00M 5297.00M 4733.00M 3629.00M 3377.99M
Net debt -3061.00000M 397.00M 829.00M 230.00M 1488.05M
Short term debt 73.00M 587.00M 97.00M 92.00M 3149.34M
Short long term debt - 500.00M - - 3149.34M
Short long term debt total 4080.00M 4633.00M 4673.00M 4708.00M 4138.27M
Other stockholder equity -16543.00000M -13975.00000M -8971.00000M -6189.00000M -4110.43400M
Property plant equipment - 1908.00M 2116.00M 1517.00M 1293.02M
Total current assets 11084.00M 8996.00M 8651.00M 8146.00M 6494.93M
Long term investments - - - - -
Net tangible assets - -185.00000M 256.00M 1163.00M -1881.60900M
Short term investments 701.00M 1860.00M 1954.00M 1514.00M 1526.76M
Net receivables 2224.00M 2065.00M 1878.00M 1398.00M 1534.81M
Long term debt 3634.00M 3629.00M 4123.00M 4117.00M 988.92M
Inventory - - - - -
Accounts payable 314.00M 379.00M 312.00M 306.00M 209.50M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -285.00000M -293.00000M -137.00000M -158.00000M -188.03400M
Additional paid in capital - - - - -
Common stock total equity - - - - 0.06M
Preferred stock total equity - - - - -
Retained earnings total equity - 28319.00M 23905.00M 19611.00M 14828.56M
Treasury stock - -23843.00000M -17399.00000M -13546.00000M -10615.23400M
Accumulated amortization - - - - -
Non currrent assets other 1223.00M 841.00M 848.00M 663.00M 562.70M
Deferred long term asset charges - - - - -
Non current assets total 18695.00M 18169.00M 18590.00M 16138.00M 14267.48M
Capital lease obligations 446.00M 504.00M 550.00M 591.00M -
Long term debt total - 3629.00M 4123.00M 4117.00M 988.92M
Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Investments 776.00M -570.00000M -3519.00000M 5.00M 39.60M
Change to liabilities - 628.00M 1197.00M 368.00M 695.95M
Total cashflows from investing activities - -570.00000M -3537.00000M -414.00000M -455.58400M
Net borrowings - - - -6.00000M -6.00000M
Total cash from financing activities -5182.00000M -6825.00000M -4301.00000M -3488.00000M -2946.04400M
Change to operating activities - -87.00000M -313.00000M -202.00000M -359.34900M
Net income 5428.00M 4756.00M 4822.00M 5260.00M 2951.46M
Change in cash 2905.00M 392.00M -634.00000M 1828.00M 1007.45M
Begin period cash flow 4236.00M 3844.00M 4478.00M 2650.00M 1642.78M
End period cash flow 7141.00M 4236.00M 3844.00M 4478.00M 2650.22M
Total cash from operating activities 7302.00M 7838.00M 7223.00M 5727.00M 4421.31M
Issuance of capital stock - 278.00M 291.00M 270.00M 232.93M
Depreciation 872.00M 856.00M 788.00M 757.00M 624.75M
Other cashflows from investing activities - -126.00000M -2682.00000M - -100.70400M
Dividends paid - - - -2977.00000M -
Change to inventory - - 450.00M -202.00000M 164.70M
Change to account receivables - -198.00000M -430.00000M 106.00M -187.82600M
Sale purchase of stock -4400.00000M -6550.00000M -3950.00000M -3050.00000M -2750.00000M
Other cashflows from financing activities -782.00000M -553.00000M -642.00000M 5419.00M -428.97600M
Change to netincome - 1807.00M 1255.00M 2439.00M 756.62M
Capital expenditures 360.00M 442.00M 330.00M 419.00M 333.98M
Change receivables - -198.00000M -430.00000M 106.00M -187.82600M
Cash flows other operating - -11.00000M -402.00000M -201.00000M -531.05400M
Exchange rate changes - - -26.00000M 3.00M -12.73900M
Cash and cash equivalents changes - 443.00M -634.00000M 1828.00M 1007.45M
Change in working capital -355.00000M 336.00M 285.00M 186.00M 105.03M
Stock based compensation 1718.00M 1440.00M 1069.00M 909.00M 787.71M
Other non cash items -361.00000M 122.00M 76.00M 116.00M -50.33300M
Free cash flow 6942.00M 7396.00M 6893.00M 5308.00M 4087.33M

Fundamentals

  • Previous Close 477.12
  • Market Cap272387.78M
  • Volume2084526
  • P/E Ratio50.49
  • Dividend Yield1.15%
  • EBITDA7516.67M
  • Revenue TTM19409.00M
  • Revenue Per Share TTM42.47
  • Gross Profit TTM 15441.00M
  • Diluted EPS TTM11.85

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ADBE
Adobe Systems Incorporated
-3.68 0.77% 473.44 50.49 33.22 13.98 16.43 13.79 34.38
MSFT
Microsoft Corporation
-10.02 2.45% 399.04 36.23 33.11 12.62 12.48 12.35 24.07
ORCL
Oracle Corporation
-0.47 0.41% 114.87 29.34 18.66 5.55 74.06 7.10 18.13
PANW
Palo Alto Networks Inc
-5.03 1.71% 288.79 166.60 58.48 13.17 44.82 12.93 84.16
SNPS
Synopsys Inc
2.59 0.49% 530.11 66.19 38.31 14.35 13.65 14.21 53.55

Reports Covered

Stock Research & News

Profile

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Adobe Systems Incorporated

345 Park Avenue, San Jose, CA, United States, 95110-2704

Key Executives

Name Title Year Born
Mr. Shantanu Narayen Chairman & CEO 1964
Dr. John E. Warnock Co-Founder & Independent Director 1941
Mr. Daniel J. Durn CFO and Exec. VP of Fin., Technology Services & Operations 1966
Mr. David Wadhwani Pres of Digital Media Bus. 1972
Dr. Anil S. Chakravarthy Pres of Digital Experience Bus. 1968
Mr. Mark S. Garfield Sr. VP, Chief Accounting Officer & Corp. Controller 1971
Ms. Cynthia A. Stoddard Sr. VP & Chief Information Officer 1957
Mr. Jonathan Vaas VP of Investor Relations NA
Mr. Dana Rao Exec. VP, Gen. Counsel & Chief Trust Officer 1970
Ms. Ann Lewnes Chief Marketing Officer and Exec. VP of Corp. Strategy & Devel. 1962

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