Adobe Systems Incorporated (ADBE)
Pretax margin
| Nov 30, 2024 | Nov 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Dec 2, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 6,931,000 | 6,931,000 | 6,799,000 | 6,799,000 | 6,008,000 |
| Revenue | US$ in thousands | 21,505,000 | 21,505,000 | 19,409,000 | 19,409,000 | 17,606,000 |
| Pretax margin | 32.23% | 32.23% | 35.03% | 35.03% | 34.12% |
November 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $6,931,000K ÷ $21,505,000K
= 32.23%
Based on the provided data, Adobe Systems Incorporated's pretax margin has shown a generally positive trend over the analyzed period, with a slight fluctuation in the most recent years. The pretax margin increased from 34.12% in December 2, 2022, to 35.03% in November 30, 2023, and maintained this level through December 1, 2023.
However, there was a slight decline in the pretax margin to 32.23% in both November 29, 2024, and November 30, 2024. This decrease may indicate potential challenges in managing operating expenses or generating revenue efficiently during those periods.
Overall, while Adobe Systems Incorporated has shown a generally healthy pretax margin throughout the years analyzed, management should continue monitoring and addressing any factors that may impact profitability to ensure sustained financial performance.
Peer comparison
Nov 30, 2024