Adobe Systems Incorporated (ADBE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 88.01% | 87.71% | 87.77% | 87.66% | 87.70% | 87.76% | 87.87% | 88.04% | 88.18% | 88.17% | 87.87% | 87.45% | 86.62% | 85.96% | 85.60% | 85.19% | 85.03% | 85.16% | 85.56% | 86.04% |
| Operating profit margin | 30.00% | 34.16% | 33.90% | 33.91% | 34.64% | 35.45% | 36.25% | 36.72% | 36.76% | 36.53% | 35.75% | 34.75% | 32.93% | 32.10% | 31.36% | 30.11% | 29.26% | 28.37% | 28.55% | 29.65% |
| Pretax margin | 30.93% | 34.87% | 34.12% | 33.69% | 34.12% | 34.66% | 35.47% | 36.02% | 36.14% | 35.99% | 35.28% | 34.28% | 32.45% | 31.66% | 30.82% | 29.35% | 28.70% | 27.69% | 27.85% | 29.24% |
| Net profit margin | 24.04% | 27.77% | 26.82% | 26.32% | 27.01% | 28.00% | 29.29% | 29.90% | 30.55% | 38.67% | 38.79% | 40.68% | 40.88% | 31.06% | 30.72% | 27.72% | 26.43% | 26.10% | 26.25% | 28.07% |
Adobe Systems Incorporated has consistently shown strong profitability ratios over the past few quarters. The gross profit margin has remained high, averaging around 87-88%, indicating efficient cost management and pricing strategies. The operating profit margin has also been stable, ranging from 30% to 36%, demonstrating effective operational efficiency in generating profits from sales.
The pretax margin, which reflects earnings before taxes as a percentage of total revenue, has been consistently healthy, hovering between 29% to 36%. This suggests that the company has been effective in managing its operating expenses and other costs.
Furthermore, the net profit margin, which represents the percentage of revenue that translates into net income, has also been robust, ranging from 24% to 31%. The net profit margin indicates Adobe's ability to convert sales into profits efficiently after all costs and expenses have been accounted for.
Overall, Adobe Systems Incorporated's profitability ratios demonstrate a solid financial performance, with consistent margins indicating strong operational efficiency and effective cost management.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 16.53% | 17.83% | 17.06% | 17.76% | 17.51% | 18.00% | 18.57% | 18.58% | 17.70% | 22.33% | 21.82% | 22.28% | 21.66% | 17.23% | 17.13% | 15.24% | 14.22% | 13.85% | 13.48% | 13.75% |
| Return on total capital | 40.30% | 41.05% | 40.75% | 43.50% | 43.56% | 42.24% | 43.13% | 43.02% | 39.32% | 38.48% | 37.46% | 35.46% | 32.36% | 34.68% | 35.37% | 34.13% | 31.94% | 30.22% | 29.63% | 29.41% |
| Return on equity (ROE) | 30.74% | 32.14% | 31.45% | 33.35% | 33.85% | 33.49% | 34.96% | 35.04% | 32.59% | 40.51% | 40.30% | 41.09% | 39.66% | 32.97% | 34.00% | 30.89% | 28.03% | 27.12% | 26.70% | 27.17% |
Adobe Systems Incorporated has shown consistent profitability over the periods analyzed based on the profitability ratios. The operating return on assets (Operating ROA) has generally ranged between 15% and 23%, indicating the company's efficiency in generating operating income from its assets. Return on assets (ROA) has been relatively stable, staying within the range of 13% to 23%, showing that Adobe effectively utilizes its total assets to generate profits.
Return on total capital has been strong, consistently above 30%, indicating that Adobe generates significant returns for both debt and equity holders. Return on equity (ROE) has also been impressive, consistently above 25%, reflecting the company's ability to generate profits for its shareholders.
Overall, Adobe Systems has demonstrated strong profitability, with solid returns on assets, total capital, and equity. This suggests effective management of resources and a strong financial position.
See also:
Adobe Systems Incorporated Profitability Ratios (Quarterly Data)