US stock · Technology sector · Software—Infrastructure
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Adobe Inc.

ADBENASDAQ

454.00

USD
+14.97
(+3.41%)
Market Closed
43.99P/E
26Forward P/E
1.80P/E to S&P500
208.250BMarket CAP
- -Div Yield
Upcoming Earnings
15 Jun
Shares Short
5/15/23
5.92M
Short % of Float
1.29%
Short % of Shares Outs.
1.29%
% Held by Insiders
0.29%
% Held by Institutions
85.70%
Beta
1.31
PEG Ratio
1.98
52w. high/low
466.59/274.73
Avg. Daily Volume
3.37M
Return %
Stock
S&P 500
1 year
12.84
9.18
3 years
12.10
34.24
5 years
82.40
55.11
Scale: |
High
Low
46.44
19.49
38.20
15.70
37.80
25.45
35.99
22.67
38.25
28.04
61.09
37.36
77.56
57.15
96.42
68.98
111.09
71.27
186.27
102.81
277.61
175.26
332.88
215.15
536.88
255.13
699.54
420.78
575.00
274.73
466.59
318.60
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
5.41
6.64
5.62
7.32
8.48
8.90
8.09
8.33
9.61
11.75
14.79
18.41
22.97
26.75
33.09
37.46
38.60
Earnings per share
1.24
1.62
0.74
1.49
1.67
1.68
0.58
0.54
1.26
2.35
3.43
5.28
6.07
10.94
10.11
10.12
10.17
FCF per share
2.24
2.17
1.90
1.82
2.68
2.48
1.92
2.29
2.58
4.01
5.54
7.67
8.28
11.04
14.43
15.74
15.70
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
0.23
0.21
0.23
0.33
0.42
0.55
0.38
0.30
0.37
0.41
0.36
0.54
0.81
0.87
0.73
0.94
0.95
Book Value per sh.
7.96
8.18
9.32
10.00
11.63
13.47
13.41
13.61
14.04
14.90
17.14
19.08
21.65
27.58
31.02
29.90
30.36
Comm.Shares outs.
584
539
524
519
497
495
501
498
499
498
494
491
486
481
477
470
466
Avg. annual P/E ratio
33.9
22.0
38.5
20.8
18.1
19.4
80.5
124.5
63.6
41.3
41.7
44.1
45.8
37.9
55.2
39.2
44.0
P/E to S&P500
2.0
1.0
0.5
1.0
1.1
1.3
4.7
6.9
3.2
1.9
1.8
1.8
1.9
1.0
1.8
1.9
1.8
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
3,158
3,580
2,946
3,800
4,216
4,404
4,055
4,147
4,796
5,854
7,302
9,030
11,171
12,868
15,785
17,606
17,999
Operating margin
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%
33.9%
Depreciation (m)
315
270
282
293
270
300
321
314
339
332
326
346
737
757
788
856
855
Net profit (m)
724
872
387
775
833
833
290
268
630
1,169
1,694
2,591
2,951
5,260
4,822
4,756
4,737
Income tax rate
23.6%
19.2%
44.9%
17.9%
19.5%
25.6%
18.6%
25.7%
28.0%
18.6%
20.8%
7.3%
7.9%
(26.0)%
15.5%
20.8%
21.9%
Net profit margin
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%
26.3%
Working capital (m)
1,721
1,973
1,629
2,148
2,521
3,060
2,520
2,108
2,608
3,028
3,720
556
(1,696)
2,634
1,737
868
905
Long-term debt (m)
- -
350
1,000
1,514
1,505
1,497
1,499
911
1,907
1,902
1,881
4,125
989
4,616
4,576
4,046
4,045
Equity (m)
4,650
4,410
4,891
5,192
5,783
6,665
6,725
6,776
7,002
7,425
8,460
9,362
10,530
13,264
14,797
14,051
14,206
ROIC
14.9%
17.2%
6.0%
11.6%
11.5%
10.1%
3.9%
3.8%
7.1%
12.4%
15.9%
18.5%
24.6%
28.8%
24.2%
25.4%
25.1%
Return on capital
16.6%
18.5%
9.7%
12.3%
12.3%
11.9%
4.1%
3.9%
8.0%
11.8%
15.2%
15.4%
16.2%
17.7%
21.4%
22.5%
23.2%
Return on equity
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%
33.3%
Plowback ratio
100.0%
100.0%
100.0%
- -
- -
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
109.8%
120.1%
17.1%
75.3%
41.3%
19.2%
62.2%
32.7%
35.9%
46.6%
34.4%
49.4%
62.5%
52.4%
53.2%
84.8%
73.3%
Capital Structure
3 Mar · 2023 | Q1
All numbers in millions
Total liabilities
$ 12,461
Total assets
$ 26,667
Long-term debt
$ 4,045
Cash and equiv.
$ 4,072
Goodwill
$ 12,792
Retained earnings
$ 29,435
Common stock
459
Enterprise Value
$ 208,223
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
5,992
5,798
6,096
Receivables
1,398
1,878
2,065
Inventory
- -
- -
- -
Other
756
359
593
Current assets
8,146
8,669
8,996
Acc. Payable
306
312
379
Debt due
92
97
587
Other
5,114
6,523
7,162
Current liabilities
5,512
6,932
8,128
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
11.54%
18.28%
17.94%
Cash flow
7.47%
18.99%
26.33%
Earnings
(1.37)%
20.61%
43.68%
Dividends
- -
- -
- -
Book value
(5.04)%
11.24%
8.86%
Insider Trading
Type
Shares
Date
Chen Gloria
Exempt
224
05/30/23
Chen Gloria
InKind
111
05/30/23
Chen Gloria
Exempt
224
05/30/23
Durn Daniel
Exempt
3,837
05/15/23
Durn Daniel
InKind
2,008
05/15/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
3,905
3,835
3,935
4,110
15,785
2022
4,262
4,386
4,433
4,525
17,606
2023
4,655
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
2.64
2.34
2.54
2.58
10.11
2022
2.69
2.51
2.42
2.50
10.12
2023
2.72
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Software—Infrastructure
CEO:
Mr. Shantanu Narayen
Full-time employees:
29,239
City:
San Jose
Address:
345 Park Avenue
IPO:
Jan 8, 1986
Website:
Adobe Inc. 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, 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.
Recent News
· 13 Mar, 2023 · The Wall Street Journal
· 8 Jan, 2023 · The Wall Street Journal
· 15 Dec, 2022 · The Wall Street Journal
· 18 Sep, 2022 · The Wall Street Journal
· 15 Sep, 2022 · The Wall Street Journal
· 15 Sep, 2022 · The Wall Street Journal
· 15 Sep, 2022 · The Wall Street Journal