Adobe Systems Incorporated (ADBE)
Return on total capital
| Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 8,931,000 | 8,708,000 | 8,411,000 | 8,335,000 | 8,083,000 | 8,013,000 | 7,051,000 | 5,953,000 | 5,797,000 | 5,662,000 | 6,437,000 | 7,212,000 | 7,052,000 | 6,892,000 | 6,752,000 | 6,568,000 | 6,437,000 | 6,266,000 | 6,120,000 | 6,018,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 11,623,000 | 11,770,000 | 11,448,000 | 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 |
| Return on total capital | 76.84% | 73.98% | 73.47% | 63.65% | 57.31% | 56.81% | 48.48% | 40.93% | 39.06% | 36.62% | 41.64% | 43.66% | 42.69% | 43.69% | 42.80% | 44.26% | 43.38% | 44.11% | 43.08% | 42.83% |
November 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $8,931,000K ÷ ($—K + $11,623,000K)
= 76.84%
Peer comparison
Nov 30, 2025
Company name
Symbol
Return on total capital
Adobe Systems Incorporated
ADBE
76.84%
Bentley Systems Inc
BSY
29.12%
Fair Isaac Corporation
FICO
—
Guidewire Software Inc
GWRE
4.30%
PTC Inc
PTC
24.25%
Q2 Holdings
QTWO
2.83%