Last Price$387.3(0.6%)
Market Cap$168.8B
LTM Return on Invested Capital (ROIC)
37.6%
5Y avg
30.2%
Software - Infrastructure industry
median
1.8%
Stock quality & Intrinsic value
8/10
0.3% undervalued
Adobe Inc. Return on Invested Capital (ROIC)
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'05 | Dec'06 | Nov'07 | Nov'08 | Nov'09 | Dec'10 | Dec'11 | Nov'12 | Nov'13 | Nov'14 | Nov'15 | Dec'16 | Dec'17 | Nov'18 | Nov'19 | Nov'20 | Dec'21 | Dec'22 | Dec'23 | Nov'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Invested Capital (ROIC) | 109.5% | 20.1% | 19.9% | 26.1% | 9.5% | 16.9% | 17.1% | 15.6% | 5.6% | 4.8% | 9.5% | 16.8% | 22.1% | 22.8% | 20.2% | 35.2% | 29.4% | 26.6% | 29.0% | 30.1% |
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Adobe Inc. (ADBE) Return on Invested Capital (ROIC) comparison analysis
General
LTM Return on Invested Capital (ROIC)
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Adobe Inc.ADBE
37.6%
10.8%
4.7%
25.9%
Median Peer Set
17.7%
20.7%
21.5%
24.5%
Fortinet, Inc.FTNT
49.7%
12.3%
55.1%
29.3%
Palantir Technologies Inc.PLTR
33.5%
28.8%
114.9%
16.1%
Microsoft CorporationMSFT
27.5%
15.7%
22.0%
36.0%
Synopsys, Inc.SNPS
20.1%
4.9%
82.9%
36.9%
Robinhood Markets, Inc.HOOD
20.0%
56.3%
N/A
47.8%
Oracle CorporationORCL
15.5%
6.0%
21.0%
19.8%
Palo Alto Networks, Inc.PANW
12.5%
16.5%
457.2%
32.1%
Block, Inc.SQ
7.4%
25.0%
N/A
0.0%
CrowdStrike Holdings, Inc.CRWD
(7.3%)
29.4%
N/A
(0.5%)
Cloudflare, Inc.NET
(16.4%)
28.8%
(58.2%)
(4.7%)
ADBE key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'05 | Dec'06 | Nov'07 | Nov'08 | Nov'09 | Dec'10 | Dec'11 | Nov'12 | Nov'13 | Nov'14 | Nov'15 | Dec'16 | Dec'17 | Nov'18 | Nov'19 | Nov'20 | Dec'21 | Dec'22 | Dec'23 | Nov'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 1,966.3 18.0% | 2,575.3 31.0% | 3,157.9 22.6% | 3,579.9 13.4% | 2,945.9 (17.7%) | 3,800.0 29.0% | 4,216.3 11.0% | 4,403.7 4.4% | 4,055.2 (7.9%) | 4,147.1 2.3% | 4,795.5 15.6% | 5,854.4 22.1% | 7,301.5 24.7% | 9,030.0 23.7% | 11,171.3 23.7% | 12,868.0 15.2% | 15,785.0 22.7% | 17,606.0 11.5% | 19,409.0 10.2% | 21,505.0 10.8% |
| Cost of Goods Sold (COGS) | 112.6 | 292.5 | 354.7 | 362.6 | 296.7 | 403.5 | 437.9 | 483.8 | 586.6 | 622.1 | 744.3 | 819.9 | 1,010.5 | 1,195.0 | 1,672.7 | 1,722.0 | 1,865.0 | 2,165.0 | 2,354.0 | 2,358.0 |
% margin | 1,853.7 94.3% | 2,282.8 88.6% | 2,803.2 88.8% | 3,217.3 89.9% | 2,649.1 89.9% | 3,396.5 89.4% | 3,778.4 89.6% | 3,919.9 89.0% | 3,468.7 85.5% | 3,525.0 85.0% | 4,051.2 84.5% | 5,034.5 86.0% | 6,291.0 86.2% | 7,835.0 86.8% | 9,498.6 85.0% | 11,146.0 86.6% | 13,920.0 88.2% | 15,441.0 87.7% | 17,055.0 87.9% | 19,147.0 89.0% |
| Operating Expenses | 1,125.3 | 1,711.8 | 1,945.0 | 2,156.9 | 1,917.3 | 2,380.2 | 2,581.3 | 2,742.6 | 3,019.5 | 3,092.4 | 3,146.5 | 3,542.4 | 4,122.9 | 4,994.6 | 6,230.5 | 6,909.0 | 8,118.0 | 9,343.0 | 10,405.0 | 12,406.0 |
| Research & Development Expenses (R&D) | 365.3 | 539.7 | 613.2 | 662.1 | 565.1 | 680.3 | 738.1 | 742.8 | 826.6 | 844.4 | 862.7 | 976.0 | 1,224.1 | 1,537.8 | 1,930.2 | 2,188.0 | 2,540.0 | 2,987.0 | 3,473.0 | 3,944.0 |
| Selling, General & Administrative Expenses (SG&A) | 760.0 | 1,102.3 | 1,259.4 | 1,426.6 | 1,280.7 | 1,627.7 | 1,800.4 | 1,951.1 | 2,140.6 | 2,215.1 | 2,215.2 | 2,487.9 | 2,822.3 | 3,365.7 | 4,125.0 | 4,559.0 | 5,406.0 | 6,187.0 | 6,764.0 | 7,293.0 |
% margin | 728.4 37.0% | 551.3 21.4% | 857.6 27.2% | 1,028.3 28.7% | 690.5 23.4% | 993.1 26.1% | 1,099.3 26.1% | 1,180.2 26.8% | 422.7 10.4% | 412.7 10.0% | 903.1 18.8% | 1,493.6 25.5% | 2,168.1 29.7% | 2,840.4 31.5% | 3,268.1 29.3% | 4,237.0 32.9% | 5,802.0 36.8% | 6,098.0 34.6% | 6,650.0 34.3% | 6,741.0 31.3% |
| Interest Income | 0.0 | 0.0 | 0.0 | 43.8 | 31.4 | 21.9 | 24.5 | 24.5 | 21.9 | 21.4 | 28.8 | 47.3 | 66.1 | 92.5 | 42.3 | 43.0 | 17.0 | 61.0 | 269.0 | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 10.0 | 3.4 | 57.0 | 67.0 | 67.5 | 67.5 | 59.7 | 64.2 | 70.4 | 74.4 | 89.2 | 157.2 | 116.0 | 113.0 | 112.0 | 113.0 | 0.0 |
| Pre-tax Income | 765.8 | 679.7 | 947.2 | 1,078.5 | 701.5 | 943.2 | 1,035.2 | 1,118.8 | 356.1 | 361.4 | 873.8 | 1,435.1 | 2,137.6 | 2,793.9 | 3,204.7 | 4,176.0 | 5,705.0 | 6,008.0 | 6,799.0 | 6,931.0 |
% effective tax rate | 162.9 21.3% | 173.9 25.6% | 223.4 23.6% | 206.7 19.2% | 315.0 44.9% | 168.5 17.9% | 202.4 19.5% | 286.0 25.6% | 66.2 18.6% | 93.0 25.7% | 244.2 28.0% | 266.4 18.6% | 443.7 20.8% | 203.1 7.3% | 253.3 7.9% | (1,084.0) (26.0%) | 883.0 15.5% | 1,252.0 20.8% | 1,371.0 20.2% | 1,371.0 19.8% |
% margin | 602.8 30.7% | 505.8 19.6% | 723.8 22.9% | 871.8 24.4% | 386.5 13.1% | 774.7 20.4% | 832.8 19.8% | 832.8 18.9% | 290.0 7.2% | 253.6 6.1% | 629.6 13.1% | 1,168.8 20.0% | 1,694.0 23.2% | 2,590.8 28.7% | 2,951.5 26.4% | 5,260.0 40.9% | 4,822.0 30.5% | 4,756.0 27.0% | 5,428.0 28.0% | 5,560.0 25.9% |
| EPS | 1.23 | 0.85 | 1.24 | 1.62 | 0.74 | 1.49 | 1.67 | 1.68 | 0.58 | 0.51 | 1.26 | 2.35 | 3.43 | 5.28 | 6.07 | 10.94 | 10.10 | 10.13 | 11.88 | 12.44 |
| Diluted EPS | 1.19 | 0.83 | 1.21 | 1.59 | 0.73 | 1.47 | 1.65 | 1.66 | 0.56 | 0.50 | 1.24 | 2.32 | 3.38 | 5.20 | 6.00 | 10.83 | 10.02 | 10.10 | 11.83 | 12.36 |
% margin | 728.4 37.0% | 987.5 38.3% | 1,262.7 40.0% | 1,358.8 38.0% | 987.4 33.5% | 1,292.8 34.0% | 1,372.4 32.5% | 1,486.0 33.7% | 744.9 18.4% | 734.7 17.7% | 1,277.4 26.6% | 1,837.1 31.4% | 2,538.0 34.8% | 3,229.6 35.8% | 4,097.4 36.7% | 5,133.0 39.9% | 6,675.0 42.3% | 7,055.0 40.1% | 6,650.0 34.3% | 7,957.0 37.0% |
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FAQ
1) What is Adobe Inc.'s Return on Invested Capital (ROIC)?
As of today, Microsoft Corp's last 12-month Return on Invested Capital (ROIC) is 37.6%, based on the financial report for Feb 28, 2025 (Q1’2025). The average annual Return on Invested Capital (ROIC) for Adobe Inc. have been 30.5% over the past three years, and 31.7% over the past five years.
2) Is Adobe Inc.'s Return on Invested Capital (ROIC) Good?
As of today, Adobe Inc.'s Return on Invested Capital (ROIC) is 37.6%, which is higher than industry median of 1.8%. It indicates that Adobe Inc.'s Return on Invested Capital (ROIC) is Good.