Adobe Systems Incorporated (ADBE)
Net profit margin
| Nov 30, 2024 | Nov 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Dec 2, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 5,560,000 | 5,560,000 | 5,428,000 | 5,428,000 | 4,756,000 |
| Revenue | US$ in thousands | 21,505,000 | 21,505,000 | 19,409,000 | 19,409,000 | 17,606,000 |
| Net profit margin | 25.85% | 25.85% | 27.97% | 27.97% | 27.01% |
November 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $5,560,000K ÷ $21,505,000K
= 25.85%
The net profit margin of Adobe Systems Incorporated has exhibited relatively stable performance over the years, ranging between 25.85% and 27.97%. This metric represents the company's ability to convert its revenue into profit after accounting for all expenses.
In December 2, 2022, the net profit margin stood at 27.01%, indicating that for every dollar of revenue generated, the company retained 27.01 cents as profit. Over the next two years, the net profit margin slightly increased to 27.97% by November 30, 2023, and remained consistent at this level until November 30, 2024.
However, there was a slight decline in the net profit margin to 25.85% by November 29, 2024. This dip could be attributed to various factors such as changes in revenue, cost structures, or investments made by the company during that period.
Overall, Adobe Systems Incorporated has maintained a healthy net profit margin, demonstrating efficiency in managing costs and generating profits from its operations, despite the slight fluctuations observed in the later years.
Peer comparison
Nov 30, 2024