Adobe Systems Incorporated (ADBE)
Return on assets (ROA)
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 5,560,000 | 5,428,000 | 4,756,000 | 4,822,000 | 5,260,000 |
| Total assets | US$ in thousands | 30,230,000 | 29,779,000 | 27,165,000 | 27,241,000 | 24,284,000 |
| ROA | 18.39% | 18.23% | 17.51% | 17.70% | 21.66% |
November 29, 2024 calculation
ROA = Net income ÷ Total assets
= $5,560,000K ÷ $30,230,000K
= 18.39%
Based on the data provided, Adobe Systems Incorporated's return on assets (ROA) has exhibited a slight decrease from 21.66% as of November 27, 2020, to 17.70% as of December 3, 2021. Subsequently, there was a further marginal decrease to 17.51% as of December 2, 2022. However, there was a slight improvement in ROA to 18.23% as of December 1, 2023, and a subsequent increase to 18.39% as of November 29, 2024.
Overall, Adobe Systems' ROA has shown fluctuations over the years, but it appears to have rebounded and improved in recent periods. It is essential to monitor this metric closely to assess the company's efficiency in generating profits from its assets.
Peer comparison
Nov 29, 2024