Adobe Systems Incorporated (ADBE)
Return on equity (ROE)
| Nov 29, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Dec 1, 2023 | Sep 1, 2023 | Jun 2, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,560,000 | 5,360,000 | 5,079,000 | 4,801,000 | 5,428,000 | 5,121,000 | 4,854,000 | 4,737,000 | 4,756,000 | 4,813,000 | 4,889,000 | 4,827,000 | 4,822,000 | 5,839,000 | 5,582,000 | 5,566,000 | 5,260,000 | 3,862,000 | 3,700,000 | 3,233,000 |
| Total stockholders’ equity | US$ in thousands | 14,105,000 | 14,545,000 | 14,843,000 | 15,460,000 | 16,518,000 | 15,776,000 | 14,838,000 | 14,206,000 | 14,051,000 | 14,373,000 | 13,985,000 | 13,775,000 | 14,797,000 | 14,414,000 | 13,852,000 | 13,546,000 | 13,264,000 | 11,713,000 | 10,881,000 | 10,465,000 |
| ROE | 39.42% | 36.85% | 34.22% | 31.05% | 32.86% | 32.46% | 32.71% | 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% |
November 29, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $5,560,000K ÷ $14,105,000K
= 39.42%
Adobe Systems Incorporated has demonstrated relatively stable Return on Equity (ROE) performance over the past few years, with ROE ranging from 30.89% to 41.09%. The highest ROE was reported on March 5, 2021, at 41.09%, indicating that Adobe efficiently generated a profit from its equity during that period.
Although there were fluctuations in ROE over time, the company maintained ROE above 30% for most periods, reflecting the ability of Adobe to effectively utilize shareholder equity to generate profits. Particularly noteworthy is the sustained high performance of ROE in recent periods, indicating continued strong performance in generating returns for shareholders.
Overall, Adobe Systems' ROE performance suggests that the company has been successful in efficiently leveraging its equity to generate profits, which is a positive indication of its financial health and operational efficiency. Investors and stakeholders may view Adobe favorably based on its consistent and solid ROE performance.
Peer comparison
Nov 29, 2024
See also:
Adobe Systems Incorporated Return on Equity (ROE) (Quarterly Data)