Adobe Systems Incorporated (ADBE)
Operating profit margin
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 6,741,000 | 6,650,000 | 6,098,000 | 5,802,000 | 4,237,000 |
| Revenue | US$ in thousands | 21,505,000 | 19,409,000 | 17,606,000 | 15,785,000 | 12,868,000 |
| Operating profit margin | 31.35% | 34.26% | 34.64% | 36.76% | 32.93% |
November 29, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $6,741,000K ÷ $21,505,000K
= 31.35%
Operating profit margin is a key financial metric that indicates a company's efficiency in generating profit from its core operations. For Adobe Systems Incorporated, the operating profit margin has displayed some fluctuations over the past five years.
As of November 27, 2020, the operating profit margin stood at 32.93%. It then increased to 36.76% by December 3, 2021, demonstrating an improvement in profitability. However, in the following years, the operating profit margin experienced a slight decline to 34.64% on December 2, 2022, and further to 34.26% on December 1, 2023.
The most recent data available as of November 29, 2024, shows that the operating profit margin decreased to 31.35%. This decline suggests that Adobe may have faced challenges in maintaining profitability from its core operations.
Overall, while Adobe's operating profit margin has fluctuated in the past five years, the company has generally maintained a healthy margin above 30%, indicating efficient cost management and revenue generation. Further analysis would be needed to understand the specific factors driving these fluctuations and to assess the company's profitability sustainability in the future.
Peer comparison
Nov 29, 2024