Adobe Systems Incorporated (ADBE)
Operating return on assets (Operating ROA)
| Mar 1, 2024 | Dec 1, 2023 | Sep 1, 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 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,933,000 | 6,531,000 | 6,272,000 | 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 | 3,269,000 | 3,019,177 | 2,883,783 | 2,832,267 |
| Total assets | US$ in thousands | 28,751,000 | 29,779,000 | 29,090,000 | 26,667,000 | 27,165,000 | 26,744,000 | 26,326,000 | 25,976,000 | 27,241,000 | 26,144,000 | 25,582,000 | 24,985,000 | 24,284,000 | 22,414,000 | 21,603,000 | 21,214,000 | 20,762,000 | 20,054,900 | 19,665,900 | 19,505,500 |
| Operating ROA | 20.64% | 21.93% | 21.56% | 22.89% | 22.45% | 22.79% | 22.98% | 22.82% | 21.30% | 21.10% | 20.11% | 19.03% | 17.45% | 17.81% | 17.48% | 16.55% | 15.75% | 15.05% | 14.66% | 14.52% |
March 1, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,933,000K ÷ $28,751,000K
= 20.64%
Operating return on assets (Operating ROA) is a key financial ratio that indicates how efficiently a company generates profits from its assets used in its core operations. Adobe Systems Incorporated's Operating ROA has shown some fluctuations over the past few quarters.
The highest Operating ROA was recorded at 22.89% on March 3, 2023, showing a strong profitability relative to the assets employed. This indicates effective management in generating earnings from its operational assets during that period.
The lowest Operating ROA was observed at 14.52% on March 1, 2019. This lower ratio suggests that Adobe Systems Incorporated was less efficient in generating profits from its assets during that specific quarter.
Overall, Adobe Systems Incorporated's Operating ROA has demonstrated a generally positive trend, indicating healthy profitability from its operational assets. However, it is important to continue monitoring this ratio to ensure sustained efficient asset utilization and profitability.
Peer comparison
Mar 1, 2024