Adobe Systems Incorporated (ADBE)
Operating return on assets (Operating ROA)
| Feb 28, 2025 | Nov 30, 2024 | Nov 29, 2024 | Aug 31, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Feb 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Sep 1, 2023 | Aug 31, 2023 | Jun 2, 2023 | May 31, 2023 | Mar 3, 2023 | Feb 28, 2023 | Dec 2, 2022 | Nov 30, 2022 | Sep 2, 2022 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,069,000 | 7,898,000 | 7,826,000 | 6,776,000 | 6,691,000 | 6,442,000 | 6,300,000 | 7,090,000 | 6,880,000 | 6,761,000 | 6,642,000 | 6,531,000 | 6,420,000 | 6,301,000 | 6,182,000 | 6,080,000 | 5,978,000 | 6,002,000 | 6,026,000 | 6,122,000 |
| Total assets | US$ in thousands | 29,955,000 | 30,230,000 | 30,230,000 | 29,830,000 | 29,830,000 | 30,007,000 | 28,751,000 | 28,751,000 | 29,779,000 | 29,779,000 | 29,090,000 | 29,090,000 | 27,838,000 | 27,838,000 | 26,667,000 | 26,667,000 | 27,165,000 | 27,165,000 | 26,744,000 | 26,744,000 |
| Operating ROA | 26.94% | 26.13% | 25.89% | 22.72% | 22.43% | 21.47% | 21.91% | 24.66% | 23.10% | 22.70% | 22.83% | 22.45% | 23.06% | 22.63% | 23.18% | 22.80% | 22.01% | 22.09% | 22.53% | 22.89% |
February 28, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $8,069,000K ÷ $29,955,000K
= 26.94%
The operating return on assets (ROA) of Adobe Systems Incorporated has shown fluctuations over the period analyzed. Starting at 22.89% as of August 31, 2022, the operating ROA decreased slightly to 22.53% by September 2, 2022. Subsequently, there was a further decline to 22.09% by November 30, 2022, and 22.01% by December 2, 2022.
However, there was an uptick in performance as the operating ROA increased to 22.80% by February 28, 2023, and further to 23.18% by March 3, 2023. The trend continued with minor fluctuations, reaching 23.06% by June 2, 2023, and 22.45% by August 31, 2023.
The operating ROA then ranged between 22.70% and 23.10% until February 29, 2024, when a significant increase was observed at 24.66%. However, this spike was short-lived as there was a notable decline to 21.91% by March 1, 2024, and further to 21.47% by May 31, 2024.
A recovery in performance was evident as the operating ROA rose to 22.43% by August 30, 2024, and 22.72% by August 31, 2024. The most substantial increase was observed by November 29, 2024, and November 30, 2024, with operating ROA at 25.89% and 26.13%, respectively.
By February 28, 2025, Adobe's operating ROA reached its peak at 26.94%. Overall, the fluctuations in operating ROA indicate variations in Adobe's efficiency in generating profits from its assets over the period under review.
Peer comparison
Feb 28, 2025