ADBE - Adobe Inc.
NASDAQ
->
Technology
->
Software—Infrastructure
San Jose,
United States
Type: Equity
ADBE price evolution
ADBE
| (in millions $) | 31 Mar 2024 | 1 Jan 2024 | 30 Sep 2023 | 2 Jul 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $6254 | $7141 | $6601 | $5456 |
| Short term investments | $566 | $701 | $915 | $1145 |
| Net receivables | $2057 | $2224 | $1851 | $1685 |
| Inventory | ||||
| Total current assets | $10008 | $11084 | $10410 | $9274 |
| Long term investments | ||||
| Property, plant & equipment | $2354 | $2388 | $2409 | $2421 |
| Goodwill & intangible assets | $13814 | $13893 | $13967 | $14054 |
| Total noncurrent assets | $18743 | $18695 | $18680 | $18564 |
| Total investments | $566 | $701 | $915 | $1145 |
| Total assets | $28751 | $29779 | $29090 | $27838 |
| Current liabilities | ||||
| Accounts payable | $300 | $314 | $314 | $346 |
| Deferred revenue | $6110 | $5950 | $5483 | $5381 |
| Short long term debt | $1570 | $73 | $74 | $74 |
| Total current liabilities | $9537 | $8251 | $8334 | $8019 |
| Long term debt | $2516 | $3634 | $4022 | $4039 |
| Total noncurrent liabilities | $3754 | $5010 | $4980 | $4981 |
| Total debt | $4086 | $4080 | $4096 | $4113 |
| Total liabilities | $13291 | $13261 | $13314 | $13000 |
| Shareholders' equity | ||||
| Retained earnings | $33809 | $33346 | $32012 | $30609 |
| Other shareholder equity | -$277 | -$285.06 | -$285 | -$297 |
| Total shareholder equity | $15460 | $16518 | $15776 | $14838 |
| (in millions $) | 1 Jan 2024 | 2 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7141 | $657 | $3844 | $4478 |
| Short term investments | $701 | $1860 | $1954 | $1514 |
| Net receivables | $2224 | $2065 | $1878 | $1398 |
| Inventory | ||||
| Total current assets | $11084 | $8996 | $8669 | $8146 |
| Long term investments | ||||
| Property, plant & equipment | $2388 | $2315 | $2116 | $2004 |
| Goodwill & intangible assets | $13893 | $14236 | $14488 | $12101 |
| Total noncurrent assets | $18695 | $18169 | $18572 | $16138 |
| Total investments | $701 | $1860 | $1954 | $1514 |
| Total assets | $29779 | $27165 | $27241 | $24284 |
| Current liabilities | ||||
| Accounts payable | $314 | $379 | $312 | $306 |
| Deferred revenue | $5950 | $5414 | $4878 | $3759 |
| Short long term debt | $73 | $587 | $97 | $92 |
| Total current liabilities | $8251 | $8128 | $6932 | $5512 |
| Long term debt | $3634 | $3629 | $4576 | $4616 |
| Total noncurrent liabilities | $5010 | $4986 | $5512 | $5508 |
| Total debt | $4080 | $4633 | $4673 | $4708 |
| Total liabilities | $13261 | $13114 | $12444 | $11020 |
| Shareholders' equity | ||||
| Retained earnings | $33346 | $28319 | $23905 | $19611 |
| Other shareholder equity | -$285.06 | -$293 | -$137 | -$158 |
| Total shareholder equity | $16518 | $14051 | $14797 | $13264 |
| (in millions $) | 31 Mar 2024 | 1 Jan 2024 | 30 Sep 2023 | 2 Jul 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5182 | $5048 | $4890 | $4816 |
| Cost of revenue | $590 | $580 | ||
| Gross Profit | $4592 | $4414 | $4310 | $4244 |
| Operating activities | ||||
| Research & development | $939 | $881 | ||
| Selling, general & administrative | $1704 | $1690 | ||
| Total operating expenses | $3685 | $2671 | $2613 | $2620 |
| Operating income | $907 | $1697 | ||
| Income from continuing operations | ||||
| EBIT | $995 | $1770 | ||
| Income tax expense | $348 | $325 | $340 | $355 |
| Interest expense | $27 | -$24 | $27 | -$21 |
| Net income | ||||
| Net income | $620 | $1483 | $1403 | $1295 |
| Income (for common shares) | $620 | $1403 | ||
| (in millions $) | 1 Jan 2024 | 31 Dec 2022 | 3 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $19409 | $17606 | $12868 | |
| Cost of revenue | $2165 | $1722 | ||
| Gross Profit | $17055 | $15441 | $11146 | |
| Operating activities | ||||
| Research & development | $2987 | $2188 | ||
| Selling, general & administrative | $6187 | $4559 | ||
| Total operating expenses | $10405 | $9343 | $6909 | |
| Operating income | $6098 | $4237 | ||
| Income from continuing operations | ||||
| EBIT | $6120 | $4292 | ||
| Income tax expense | $1371 | $1252 | -$1084 | |
| Interest expense | -$97 | $112 | $116 | |
| Net income | ||||
| Net income | $5428 | $4756 | $5260 | |
| Income (for common shares) | $4756 | $5260 | ||
| (in millions $) | 31 Mar 2024 | 1 Jan 2024 | 30 Sep 2023 | 2 Jul 2023 |
|---|---|---|---|---|
| Net income | $620 | $1403 | ||
| Operating activities | ||||
| Depreciation | $230 | $236 | ||
| Business acquisitions & disposals | ||||
| Stock-based compensation | $451 | $442 | ||
| Total cash flows from operations | $1174 | $1873 | ||
| Investing activities | ||||
| Capital expenditures | -$37 | -$91 | ||
| Investments | $103 | $236 | ||
| Total cash flows from investing | $66 | $776 | $145 | $478 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$1903 | -$756 | ||
| Net borrowings | ||||
| Total cash flows from financing | -$2128 | -$5182 | -$871 | -$3094 |
| Effect of exchange rate | $1 | $9 | -$2 | $4 |
| Change in cash and equivalents | -$887 | $2905 | $1145 | $1220 |
| (in millions $) | 1 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $4756 | $4822 | $5260 | |
| Operating activities | ||||
| Depreciation | $939 | $861 | $844 | |
| Business acquisitions & disposals | -$126 | -$2682 | ||
| Stock-based compensation | $1440 | $1069 | $909 | |
| Total cash flows from operations | $7838 | $7230 | $5727 | |
| Investing activities | ||||
| Capital expenditures | -$442 | -$348 | -$419 | |
| Investments | -$2 | -$507 | $5 | |
| Total cash flows from investing | $776 | -$570 | -$3537 | -$414 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$6272 | -$3659 | -$2780 | |
| Net borrowings | -$6 | |||
| Total cash flows from financing | -$5182 | -$6825 | -$4301 | -$3488 |
| Effect of exchange rate | $9 | -$51 | -$26 | $3 |
| Change in cash and equivalents | $2905 | $392 | -$634 | $1828 |
News
Fundamentals
| Market cap | $210.65B |
|---|---|
| Enterprise value | $208.49B |
| Shares outstanding | 453.00M |
| Revenue | $19.94B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $4.80B |
| Revenue Q/Q | 11.32% |
| Revenue Y/Y | 10.76% |
| P/E ratio | 43.88 |
|---|---|
| EV/Sales | 10.46 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 10.57 |
| P/B ratio | 13.39 |
| Book/Share | 34.74 |
| Cash/Share | 13.81 |
| EPS | $10.60 |
|---|---|
| ROA | 16.63% |
| ROE | 30.68% |
| Debt/Equity | 0.80 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.05 |
| Quick ratio | 1.05 |