Adobe Systems Incorporated (ADBE)

Operating return on assets (Operating ROA)

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
Total assets US$ in thousands 30,230,000 30,230,000 29,779,000 29,779,000 27,165,000
Operating ROA 22.30% 22.30% 22.33% 22.33% 22.45%

November 30, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $6,741,000K ÷ $30,230,000K
= 22.30%

Based on the data provided, the operating return on assets (ROA) for Adobe Systems Incorporated has remained relatively stable over the observed period. The company's operating ROA ranged from 22.45% on December 2, 2022, to 22.30% on November 29 and November 30, 2024. This indicates that Adobe has been able to effectively generate operating income relative to its total assets consistently.

A high operating ROA suggests that Adobe is efficient in utilizing its assets to generate operating income. The consistency in the operating ROA over the period indicates the company's ability to maintain profitability and efficient asset management strategies.

However, it is essential to consider other factors and metrics in conjunction with operating ROA to gain a comprehensive understanding of Adobe's financial performance and efficiency in utilizing its assets effectively. Nonetheless, the stable operating ROA of Adobe Systems Incorporated suggests a solid performance in terms of generating operating income relative to its asset base.