Adobe Systems Incorporated (ADBE)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	14,105,000	16,518,000	14,051,000	14,797,000	13,264,000
ROE		39.42%	32.86%	33.85%	32.59%	39.66%

November 29, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $5,560,000K ÷ $14,105,000K
= 39.42%

Adobe Systems Incorporated's return on equity (ROE) has shown a generally positive trend over the past five years, ranging from 32.59% to 39.66%. This indicates that the company has been effectively utilizing its shareholders' equity to generate profits.

Although there was a slight dip in ROE in 2021, the metric rebounded in the subsequent years, demonstrating Adobe's ability to efficiently generate returns for its shareholders. The consistent performance above 30% reflects the company's strong profitability and efficient management of its assets to create value for its investors.

Overall, Adobe Systems Incorporated's ROE performance suggests that the company is effectively leveraging its equity capital to generate profits and create value for its shareholders.