Adobe Systems Incorporated (ADBE)
Return on equity (ROE)
| Feb 28, 2025 | Nov 30, 2024 | Nov 29, 2024 | Aug 31, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Feb 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Sep 1, 2023 | Aug 31, 2023 | Jun 2, 2023 | May 31, 2023 | Mar 3, 2023 | Feb 28, 2023 | Dec 2, 2022 | Nov 30, 2022 | Sep 2, 2022 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,861,000 | 6,734,000 | 6,624,000 | 5,561,000 | 4,497,000 | 4,296,000 | 4,206,000 | 4,989,000 | 5,772,000 | 5,584,000 | 5,396,000 | 5,240,000 | 5,084,000 | 4,965,000 | 4,846,000 | 4,735,000 | 4,624,000 | 4,626,000 | 4,628,000 | 4,758,000 |
| Total stockholders’ equity | US$ in thousands | 13,095,000 | 14,105,000 | 14,105,000 | 14,545,000 | 14,545,000 | 14,843,000 | 15,460,000 | 15,460,000 | 16,518,000 | 16,518,000 | 15,776,000 | 15,776,000 | 14,838,000 | 14,838,000 | 14,206,000 | 14,206,000 | 14,051,000 | 14,051,000 | 14,373,000 | 14,373,000 |
| ROE | 52.39% | 47.74% | 46.96% | 38.23% | 30.92% | 28.94% | 27.21% | 32.27% | 34.94% | 33.81% | 34.20% | 33.22% | 34.26% | 33.46% | 34.11% | 33.33% | 32.91% | 32.92% | 32.20% | 33.10% |
February 28, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,861,000K ÷ $13,095,000K
= 52.39%
Adobe Systems Incorporated's return on equity (ROE) has shown fluctuations over the period indicated in the provided data. The ROE started at a healthy level of around 33% in August 2022 and remained relatively stable in the low 30% range until March 2023, where it peaked at 34.11%. Subsequently, there was a slight decline before picking up again to reach 34.94% in December 2023.
However, there was a notable decrease in ROE to 27.21% in March 2024, followed by a recovery to around 31% by August 2024. The performance improved significantly towards the end of 2024, with ROE rising to nearly 48% by November 2024, then soaring to 52.39% by February 2025, indicating a sharp increase in profitability relative to shareholders' equity.
Overall, Adobe Systems demonstrated varying ROE levels, with some periods of volatility and fluctuations. Investors may find the increasing trend towards the end of the period encouraging as it reflects the company's ability to generate profit from shareholders' equity.
Peer comparison
Feb 28, 2025
See also:
Adobe Systems Incorporated Return on Equity (ROE) (Quarterly Data)