Adobe (ADBE) Return on Assets (ROA)

Price: $494.07
Market Cap: $217.49B
Avg Volume: 2.66M
Country: US
Industry: Software - Infrastructure
Sector: Technology
Beta: 1.289
52W Range: $433.97-638.25
Website: Adobe

Adobe Return on Assets (ROA) Summary

Adobe's ROA indicates the return generated on the company's assets:

  • Annual: 18.23%
  • Quarterly: 5.65%
  • TTM: 17.97%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Adobe's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 32.86%
    • Quarterly: 11.58%
    • TTM: 34.94%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 25.77%
    • Quarterly: 7.97%
    • TTM: 28.99%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: 34.17%
    • Quarterly: 10.42%
    • TTM: 33.17%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: 27.97%
    • Quarterly: 31.14%
    • TTM: 25.59%

These metrics provide insights into Adobe's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

18.23%

Quarterly ROA

5.65%

TTM ROA

17.97%

Adobe Historical ROA
Historical ROE
Historical ROIC
Historical Profit Margin
Historical Return on Tangible Assets

Adobe Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2023 18.23% 32.86% 25.77% 27.97% 34.17%
2022 17.51% 33.85% 25.84% 27.01% 36.79%
2021 17.70% 32.59% 25.19% 30.55% 37.97%
2020 21.66% 39.66% 29.70% 40.88% 43.17%
2019 14.22% 28.03% 20.52% 26.42% 35.34%
2018 13.80% 27.67% 19.40% 28.69% 42.34%
2017 11.65% 20.02% 16.51% 23.20% 20.34%
2016 9.20% 15.74% 12.93% 19.96% 16.97%
2015 5.37% 8.99% 7.28% 13.13% 10.76%
2014 2.35% 3.75% 3.70% 6.11% 4.53%