Adobe Systems Incorporated (ADBE)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 30,230,000 | 29,779,000 | 27,165,000 | 27,241,000 | 24,284,000 |
| Operating ROA | 22.30% | 22.33% | 22.45% | 21.30% | 17.45% |
November 29, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $6,741,000K ÷ $30,230,000K
= 22.30%
The operating return on assets (ROA) for Adobe Systems Incorporated has shown a steadily increasing trend over the past five years, based on the provided data.
From November 27, 2020, where the operating ROA stood at 17.45%, there has been a consistent improvement in performance. By December 3, 2021, the operating ROA had increased to 21.30%, reflecting a notable uptick. This positive momentum continued into subsequent years, with the operating ROA reaching 22.45% by December 2, 2022, and further improving to 22.33% by December 1, 2023.
The most recent data point, on November 29, 2024, shows the operating ROA at 22.30%, indicating that Adobe's operating efficiency in generating profits from its assets has been maintained at a high level.
Overall, the increasing trend in operating ROA suggests that Adobe Systems Incorporated has been effectively utilizing its assets to generate operating profits, highlighting the company's operational efficiency and potential for sustainable growth.
Peer comparison
Nov 29, 2024