Adobe Systems Incorporated (ADBE)

Operating profit margin

		Nov 29, 2024	Aug 30, 2024	May 31, 2024	Mar 1, 2024	Dec 1, 2023	Sep 1, 2023	Jun 2, 2023	Mar 3, 2023	Dec 2, 2022	Sep 2, 2022	Jun 3, 2022	Mar 4, 2022	Dec 3, 2021	Sep 3, 2021	Jun 4, 2021	Mar 5, 2021	Nov 27, 2020	Aug 28, 2020	May 29, 2020	Feb 28, 2020
Operating income (ttm)	US$ in thousands	6,741,000	6,527,000	6,232,000	5,971,000	6,650,000	6,412,000	6,199,000	6,104,000	6,098,000	6,094,000	6,051,000	5,928,000	5,802,000	5,516,000	5,144,000	4,754,000	4,237,000	3,992,000	3,777,000	3,511,000
Revenue (ttm)	US$ in thousands	21,505,000	20,947,000	20,429,000	19,936,000	19,409,000	18,886,000	18,429,000	17,999,000	17,606,000	17,191,000	16,693,000	16,142,000	15,785,000	15,099,000	14,389,000	13,682,000	12,868,000	12,436,000	12,045,000	11,661,000
Operating profit margin		31.35%	31.16%	30.51%	29.95%	34.26%	33.95%	33.64%	33.91%	34.64%	35.45%	36.25%	36.72%	36.76%	36.53%	35.75%	34.75%	32.93%	32.10%	31.36%	30.11%

November 29, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,741,000K ÷ $21,505,000K
= 31.35%

The operating profit margin of Adobe Systems Incorporated has shown a generally upward trend over the past few years, with fluctuations in between. From February 28, 2020, to November 27, 2020, there was a steady increase in the operating profit margin from 30.11% to 32.93%. Subsequently, the margin continued to rise, reaching its peak at 36.76% by December 3, 2021.

However, following this peak, there was a slight decline in the operating profit margin, dipping to 33.91% by March 4, 2022. The margin then fluctuated around the mid-30% range over the subsequent quarters, with some minor variations.

By November 29, 2024, the operating profit margin stood at 31.35%, showing a slight decrease compared to the previous quarters. Overall, Adobe Systems has maintained healthy operating profit margins above 30% during this period, reflecting its ability to generate profits from its core operations.