Adobe Systems Incorporated (ADBE)
Operating profit margin
| Nov 30, 2024 | Nov 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Dec 2, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 6,741,000 | 6,741,000 | 6,650,000 | 6,650,000 | 6,098,000 |
| Revenue | US$ in thousands | 21,505,000 | 21,505,000 | 19,409,000 | 19,409,000 | 17,606,000 |
| Operating profit margin | 31.35% | 31.35% | 34.26% | 34.26% | 34.64% |
November 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $6,741,000K ÷ $21,505,000K
= 31.35%
The operating profit margin of Adobe Systems Incorporated has shown relative stability over the past few years, hovering around the mid-30% range. Specifically, the margin stood at 34.64% in December 2, 2022, and decreased slightly to 34.26% in November 30, 2023 and remained the same in December 1, 2023. However, there was a noticeable decline to 31.35% in both November 29, 2024 and November 30, 2024.
This trend suggests that Adobe's ability to generate profits from its core business operations has remained strong, with margins consistently above 30%. Despite the slight decrease in the most recent period, the company still maintains a healthy operating profit margin, indicating efficient cost management and strong revenue generation. Investors and stakeholders can view this stability as a positive indicator of Adobe's financial health and operational efficiency.
Peer comparison
Nov 30, 2024