Adobe Financial Statements From 2010 to 2022

ADBE -  USA Stock  

USD 387.72  11.08  2.94%

Adobe Systems financial statements provide useful quarterly and yearly information to potential Adobe Systems investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Adobe Systems financial statements helps investors assess Adobe Systems' valuation, profitability, and current liquidity needs.
There are over three available fundamental signals for Adobe Systems, which can be analyzed over time and compared to other ratios. Please make sure to validate all of Adobe Systems' prevailing performance against the performance from 2010 to 2022 to make sure the company is sustainable down the road.
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Check Adobe Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adobe main balance sheet or income statement drivers, such as Direct Expenses of 1 B, Consolidated Income of 2.5 B or Cost of Revenue of 1.2 B, as well as many exotic indicators such as Interest Coverage of 38.61, Long Term Debt to Equity of 0.47 or Calculated Tax Rate of 7.46. Adobe financial statements analysis is a perfect complement when working with Adobe Systems Valuation or Volatility modules. It can also supplement various Adobe Systems Technical models. Please continue to the analysis of Adobe Systems Correlation against competitors.

Adobe Systems Revenues

9.15 Billion

Share

Adobe Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets18.8 B18.8 B19.1 B
Increasing
Slightly volatile
Cash and EquivalentsB1.6 B2.7 B
Increasing
Stable
Investments1.9 B1.6 B2.8 B
Decreasing
Slightly volatile
Investments Current1.8 B1.6 B2.8 B
Decreasing
Slightly volatile
Investments Non Current158.7 M186.5 M153.1 M
Increasing
Slightly volatile
Deferred Revenue2.9 B3.1 B3.3 B
Increasing
Slightly volatile
Property Plant and Equipment Net1.2 B1.1 B1.3 B
Increasing
Slightly volatile
Tax Assets128.5 M125.2 M861.2 M
Decreasing
Stable
Trade and Non Trade Receivables1.3 B1.3 B1.4 B
Increasing
Slightly volatile
Trade and Non Trade Payables180.9 M186.3 M185.4 M
Increasing
Slightly volatile
Goodwill and Intangible Assets11.4 B12.7 B9.6 B
Increasing
Slightly volatile
Total Liabilities8.8 B9.4 B8.5 B
Increasing
Slightly volatile
Shareholders Equity10 B9.4 B10.6 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit12.7 B11.8 B14.4 B
Increasing
Slightly volatile
Current Assets5.9 B4.9 B7.4 B
Decreasing
Very volatile
Assets Non Current13 B13.9 B11.7 B
Increasing
Slightly volatile
Current Liabilities4.4 B4.3 B4.7 B
Increasing
Slightly volatile
Liabilities Non Current4.4 B5.1 B3.8 B
Increasing
Slightly volatile
Tax Liabilities700.2 M726.5 M543.8 M
Increasing
Slightly volatile
Total Debt3.7 B4.1 B3.1 B
Increasing
Slightly volatile
Debt Current11.5 M11.2 M77.1 M
Decreasing
Stable
Debt Non Current3.5 B4.1 BB
Increasing
Slightly volatile
Shareholders Equity USD10 B9.4 B10.6 B
Increasing
Slightly volatile
Cash and Equivalents USDB1.6 B2.7 B
Increasing
Stable
Total Debt USD3.7 B4.1 B3.1 B
Increasing
Slightly volatile
Accounts Payable155.2 M186.3 M183.4 M
Increasing
Slightly volatile
Receivables1.1 B1.3 B1.4 B
Increasing
Slightly volatile

Adobe Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues9.2 BB10.2 B
Increasing
Slightly volatile
Cost of Revenue1.2 B1.2 B1.3 B
Increasing
Slightly volatile
Selling General and Administrative Expense3.5 B3.4 B3.7 B
Increasing
Slightly volatile
Research and Development Expense1.6 B1.5 B1.7 B
Increasing
Slightly volatile
Operating Expenses5.2 BB5.5 B
Increasing
Slightly volatile
Interest Expense96.6 M89 M89.1 M
Increasing
Slightly volatile
Income Tax Expense178 M203 M539.9 M
Increasing
Stable
Consolidated Income2.5 B2.6 B2.8 B
Increasing
Slightly volatile
Net Income2.5 B2.6 B2.8 B
Increasing
Slightly volatile
Net Income Common Stock2.5 B2.6 B2.8 B
Increasing
Slightly volatile
Weighted Average Shares465.8 M491 M486.2 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted472.5 M498 M492.5 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT2.8 B2.9 B3.4 B
Increasing
Slightly volatile
Revenues USD9.2 BB10.2 B
Increasing
Slightly volatile
Net Income Common Stock USD2.5 B2.6 B2.8 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD2.8 B2.9 B3.4 B
Increasing
Slightly volatile
Gross Profit7.9 B7.8 B8.9 B
Increasing
Slightly volatile
Operating Income2.7 B2.8 B3.4 B
Increasing
Slightly volatile
Direct ExpensesB1.2 B1.3 B
Increasing
Slightly volatile

Adobe Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and DisposalsB1.9 B252.1 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 2.8 B2.6 B583.7 M
Increasing
Slightly volatile
Net Cash Flow from Operations3.9 BB4.4 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (2.2 M)(2 M)(3.7 M)
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(680.4 M)(663 M)398.8 M
Decreasing
Slightly volatile
Share Based Compensation614.1 M610 M667.8 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion445.8 M346 M501.4 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share5.095.285.7523
Increasing
Slightly volatile
Earnings per Diluted Share5.025.25.6889
Increasing
Slightly volatile
Earnings per Basic Share USD5.095.285.7523
Increasing
Slightly volatile
Return on Average Equity0.270.2910.2621
Increasing
Slightly volatile
Return on Average Assets0.150.1610.1478
Increasing
Slightly volatile
Return on Invested Capital0.650.6840.6343
Increasing
Slightly volatile
Gross Margin0.830.8680.8658
Increasing
Very volatile
Profit Margin0.270.2870.2618
Increasing
Slightly volatile
EBITDA Margin0.370.3580.3737
Increasing
Slightly volatile
Return on Sales0.320.3190.3259
Increasing
Slightly volatile
Asset Turnover0.590.5620.5615
Increasing
Slightly volatile
Enterprise Value over EBITDA39.7137.96738.2908
Increasing
Slightly volatile
Enterprise Value over EBIT49.0543.044.004
Increasing
Slightly volatile
Price to Earnings Ratio49.5947.51754.4345
Increasing
Stable
Sales per Share18.6918.39120.9989
Increasing
Slightly volatile
Price to Sales Ratio13.3213.64214.3421
Increasing
Slightly volatile
Price to Book Value12.2813.08113.6835
Increasing
Slightly volatile
Debt to Equity Ratio0.941.0050.7954
Increasing
Slightly volatile
Current Ratio1.431.1291.6884
Decreasing
Slightly volatile
Free Cash Flow per Share7.357.6628.5771
Increasing
Slightly volatile
Book Value per Share20.4419.06721.8117
Increasing
Slightly volatile
Tangible Assets Book Value per Share15.2612.46219.4442
Increasing
Stable
Total Assets Per Share33.0938.48739.0839
Increasing
Slightly volatile
Cash Flow Per Share6.858.26259.0385
Increasing
Slightly volatile
Return on Investment19.9623.840425.0761
Increasing
Slightly volatile
Operating Margin27.2231.454831.812
Increasing
Slightly volatile
Calculated Tax Rate7.467.269517.0719
Decreasing
Slightly volatile
Receivables Turnover6.977.14797.8473
Increasing
Slightly volatile
PPandE Turnover8.19.00068.8086
Increasing
Slightly volatile
Cash and Equivalents Turnover4.284.58614.2069
Decreasing
Slightly volatile
Accounts Payable Turnover67.5960.406564.4284
Decreasing
Slightly volatile
Accrued Expenses Turnover7.718.39598.818
Increasing
Stable
Interest Coverage38.6127.8715162
Decreasing
Slightly volatile
Long Term Debt to Equity0.470.44060.2758
Increasing
Slightly volatile
Quick Ratio1.081.05661.5796
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets3.042.961916.2053
Decreasing
Slightly volatile
Revenue to Assets0.450.48110.5206
Increasing
Stable

Adobe Systems Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax2.7 B2.8 B3.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3.2 B3.2 B3.9 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD3.2 B3.2 B3.9 B
Increasing
Slightly volatile
Market Capitalization121 B122.5 B156.6 B
Increasing
Slightly volatile
Enterprise Value121.5 B122.6 B156.8 B
Increasing
Slightly volatile
Invested Capital4.9 B4.3 B5.1 B
Increasing
Slightly volatile
Average Equity9.5 B8.9 B10.1 B
Increasing
Slightly volatile
Average Assets16.9 B16.1 B17.9 B
Increasing
Slightly volatile
Invested Capital Average4.8 B4.2 B5.2 B
Increasing
Slightly volatile
Tangible Asset Value7.5 B6.1 B9.5 B
Increasing
Stable
Free Cash Flow3.6 B3.8 B4.2 B
Increasing
Slightly volatile
Working Capital570.5 M555.9 M2.6 B
Decreasing
Slightly volatile
Revenue Per Employee379.4 K424 K465 K
Increasing
Slightly volatile
Net Income Per Employee103.6 K121.6 K124.4 K
Increasing
Slightly volatile

Adobe Fundamental Market Drivers

Forward Price Earnings22.41
Short Percent Of Float1.28%
Average Daily Volume Last 10 Day3.88M
Shares Short Prior Month6.82M
Average Daily Volume In Three Month3.56M
Date Short Interest29th of April 2022
Fifty Day Average408.58
Two Hundred Day Average524.21

Adobe Upcoming Events

Upcoming Quarterly Report22nd of March 2022
Next Financial Report16th of June 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End15th of December 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

About Adobe Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Adobe Systems income statement, its balance sheet, and the statement of cash flows. Adobe Systems investors use historical funamental indicators, such as Adobe Systems's revenue or net income, to determine how well the company is positioned to perform in the future. Although Adobe Systems investors may use each financial statement separately, they are all related. The changes in Adobe Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adobe Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adobe Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adobe Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue3.1 B2.9 B
Cost of Revenue1.2 B1.2 B
RevenuesB9.2 B
Revenue to Assets 0.48  0.45 
Revenue Per Employee424 K379.4 K
Adobe Inc. operates as a diversified software company worldwide. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California. Adobe Systems operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 25988 people.

Adobe Systems Investors Sentiment

The influence of Adobe Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Adobe. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Adobe Systems Implied Volatility

    
  55.04  
Adobe Systems' implied volatility exposes the market's sentiment of Adobe Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Adobe Systems' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Adobe Systems stock will not fluctuate a lot when Adobe Systems' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Adobe Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Adobe Systems' short interest history, or implied volatility extrapolated from Adobe Systems options trading.

Current Sentiment - ADBE

Adobe Systems Investor Sentiment

Majority of Macroaxis users are presently bullish on Adobe Systems. What is your sentiment towards investing in Adobe Systems? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Adobe Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adobe Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adobe Systems will appreciate offsetting losses from the drop in the long position's value.

Adobe Systems Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Adobe Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adobe Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adobe Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adobe Systems to buy it.
The correlation of Adobe Systems is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adobe Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adobe Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adobe Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Adobe Systems Correlation against competitors. Note that the Adobe Systems information on this page should be used as a complementary analysis to other Adobe Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Adobe Systems price analysis, check to measure Adobe Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
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Is Adobe Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adobe Systems. If investors know Adobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.073
Market Capitalization
172.6 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.15
Return On Equity
0.35
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine Adobe Systems value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.