Adobe Inc. Financial Ratios — ADBE Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Return on Common Equity (%)	13.32	12.31	4.16	3.87	8.88	15.21	19.15	24.23	22.15	30.55	22.16	18.21	17.6	15.48	17.01
Return on Assets (%)	9.72	8.75	2.84	2.54	5.59	9.57	12.44	15.56	14.93	23.35	18.72	17.48	19.06	18.53	23.88
Return on Capital (%)	11.41	10.67	4.07	3.71	7.68	12.79	16.33	19.52	17.74	- -	18.59	15.75	15.68	13.9	15.22
Return on Invested Capital (%)	13.66	11.24	4.44	3.87	7.54	13.27	17.36	21.98	21.22	- -	25.99	25.09	26.78	30.11	36.33
Gross Margin (%)	89.61	89.01	85.54	85	84.48	86	86.16	86.77	85.02	86.62	88.18	87.7	87.87	89.04	89.27
EBITDA Margin (%)	34.8	33.54	19	17.99	25.91	31.18	34.16	35.28	36.03	38.81	41.75	39.5	38.76	39.98	40.07
Operating Margin (%)	28.39	26.73	11.08	10.43	18.83	25.51	29.69	31.45	29.25	32.93	36.76	34.64	34.26	36	36.63
Incremental Operating Margin (%)	43.42	-10.56	208.95	-18.13	72.56	55.77	46.61	38.87	19.99	57.1	53.65	16.25	30.62	52.05	42.62
Pretax Margin (%)	24.55	25.41	8.78	8.71	18.22	24.51	29.28	30.94	28.69	32.45	36.14	34.12	35.03	32.23	36.75
Profit Margin (%)	19.75	18.91	7.15	6.47	13.13	19.96	23.2	28.69	26.42	40.88	30.55	27.01	27.97	25.85	30
Net Income to Common Margin (%)	19.75	18.91	7.15	6.47	13.13	19.96	23.2	28.69	26.42	40.88	30.55	27.01	27.97	25.85	30
Effective Tax Rate (%)	19.55	25.56	18.58	25.73	27.95	18.56	20.76	7.27	7.93	- -	15.48	20.84	20.16	19.78	18.37
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	13.32	12.31	4.16	3.87	8.88	15.21	19.15	24.23	22.15	30.55	22.16	18.21	17.6	15.48	17.01

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Total Debt	1,514	1,508	1,514	1,514	1,907	1,892	1,881	4,125	4,138	4,708	4,673	4,633	4,080	6,056	6,648
ST Debt	9	11	15	603	- -	- -	- -	- -	3,149	92	97	587	73	1,574	77
LT Debt	1,505	1,497	1,499	911	1,907	1,892	1,881	4,125	989	4,616	4,576	4,046	4,007	4,482	6,571
Total Debt/EBITDA	1.03	1.02	1.97	2.03	1.53	1.04	0.75	1.29	1.03	0.94	0.71	0.67	0.54	0.7	0.7
Net Debt/EBITDA	0.34	0.05	0.88	0.53	0.83	0.48	-0.17	0.78	0.37	-0.07	0.04	-0.02	-0.47	-0.23	0.08
Total Debt/EBIT	1.27	1.28	3.37	3.5	2.11	1.27	0.87	1.45	1.27	1.11	0.81	0.76	0.61	0.78	0.76
Net Debt/EBIT	0.42	0.06	1.51	0.92	1.14	0.59	-0.2	0.87	0.46	-0.09	0.05	-0.02	-0.53	-0.26	0.09
EBITDA to Interest Expense	21.92	21.89	11.41	12.49	19.36	25.91	33.52	35.8	25.64	43.05	58.32	62.09	66.57	50.88	36.21
EBITDA-CapEx/Interest Expense	18.77	17.87	8.62	10.01	16.48	23.02	31.13	32.8	23.12	39.44	55.24	58.14	63.38	49.79	35.53
EBIT to Interest Expense	17.88	17.44	6.65	7.24	14.07	21.2	29.14	31.91	20.82	36.53	51.35	54.45	58.85	45.8	33.1
Interest Expense	67	67	68	60	64	70	74	89	157	116	113	112	113	169	263
Common Equity/Total Assets	72.61	69.75	66.75	64.2	61.86	63.91	65.87	62.95	71.42	80.76	87.75	104.25	111.98	127.26	153.76
Long-Term Debt/Equity (%)	26.03	22.46	22.3	13.45	27.24	25.48	22.24	44.06	9.39	34.8	30.93	28.8	24.26	31.78	56.53
Long-Term Debt/Capital (%)	18.71	17.59	17.76	10.8	20.82	18.91	16.42	25.88	5.21	18.98	16.01	12.28	10.71	10.07	12.64
Long-Term Debt/Total Assets (%)	16.74	14.91	14.44	8.45	16.26	14.9	12.94	21.98	4.76	19.01	16.8	14.89	13.46	14.83	22.28
Total Debt/Equity (%)	26.18	22.63	22.51	22.35	27.24	25.48	22.24	44.06	39.3	35.49	31.58	32.97	24.7	42.94	57.2
Total Debt/Capital (%)	18.83	17.72	17.93	17.94	20.82	18.91	16.42	25.88	21.82	19.36	16.35	14.06	10.9	13.6	12.78
Total Debt/Total Assets (%)	16.84	15.02	14.59	14.04	16.26	14.9	12.94	21.98	19.93	19.39	17.15	17.06	13.7	20.03	22.54
Net Debt to Equity	8.73	1.05	10.1	5.86	14.72	11.86	-5.02	26.51	14.13	-2.72	1.89	-0.76	-21.23	-14.07	6.7
Net Debt/Capital (%)	7.16	0.99	8.93	5.42	12.44	9.79	-4.64	17.36	9.12	-1.82	1.13	-0.37	-11.58	-5.38	1.67
EBITDA	1,467	1,477	770	746	1,243	1,825	2,494	3,186	4,025	4,994	6,590	6,954	7,522	8,598	9,524
EBITDA-CapEx	1,257	1,206	582	598	1,058	1,621	2,316	2,919	3,630	4,575	6,242	6,512	7,162	8,415	9,345
Operating Income (Loss)	1,197	1,177	449	433	903	1,494	2,168	2,840	3,268	4,237	5,802	6,098	6,650	7,741	8,706

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Cash Ratio	2.33	2.78	2.08	1.5	1.8	1.69	1.65	0.75	0.51	1.09	0.84	0.75	0.95	0.75	0.65
Current Ratio	3.02	3.46	2.65	1.85	2.18	2.08	2.05	1.13	0.79	1.48	1.25	1.11	1.34	1.07	1
Quick Ratio	2.84	3.27	2.47	1.74	2.11	1.99	2	1.06	0.7	1.34	1.11	1	1.22	0.95	0.88
CFO/Avg Current Liab	1.33	1.19	0.82	0.64	0.62	0.88	0.92	1.03	0.71	0.84	1.16	1.04	0.89	0.86	0.97
Common Equity/Total Assets	72.61	69.75	66.75	64.2	61.86	63.91	65.87	62.95	71.42	80.76	87.75	104.25	111.98	127.26	153.76
Long-Term Debt/Equity (%)	26.03	22.46	22.3	13.45	27.24	25.48	22.24	44.06	9.39	34.8	30.93	28.8	24.26	31.78	56.53
Long-Term Debt/Capital (%)	18.71	17.59	17.76	10.8	20.82	18.91	16.42	25.88	5.21	18.98	16.01	12.28	10.71	10.07	12.64
Long-Term Debt/Total Assets (%)	16.74	14.91	14.44	8.45	16.26	14.9	12.94	21.98	4.76	19.01	16.8	14.89	13.46	14.83	22.28
Total Debt/Equity (%)	26.18	22.63	22.51	22.35	27.24	25.48	22.24	44.06	39.3	35.49	31.58	32.97	24.7	42.94	57.2
Total Debt/Capital (%)	18.83	17.72	17.93	17.94	20.82	18.91	16.42	25.88	21.82	19.36	16.35	14.06	10.9	13.6	12.78
Total Debt/Total Assets (%)	16.84	15.02	14.59	14.04	16.26	14.9	12.94	21.98	19.93	19.39	17.15	17.06	13.7	20.03	22.54
CFO/Total Liabilities	48.11	44.43	31.5	32.11	31.1	41.72	47.94	42.83	43.22	51.97	58.1	59.77	55.06	49.96	56.12
CFO/CapEx	7.34	5.53	6.11	8.68	7.95	10.79	16.35	15.09	11.19	13.67	20.78	17.73	20.28	44.02	56.04
Altman's Z-Score	6.97	7.12	8.32	8.67	9.39	9.58	12.73	13.67	13.7	17.25	20.93	13.48	18.39	14.69	11.76

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Accounts Receivable Turnover	7.09	7.04	6.66	6.96	7.59	7.78	7.12	7.13	7.84	8.77	9.64	8.93	9.05	10.01	10.76
Days Sales Outstanding	51.45	51.87	54.77	52.44	48.1	46.92	51.26	51.2	46.57	41.6	37.88	40.87	40.33	36.46	33.91
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	6.3	7.09	10.49	9.54	9.21	9.04	10.03	7.97	8.47	6.69	6.04	6.27	6.79	6.99	6.56
Accounts Payable Turnover Days	57.97	51.46	34.8	38.28	39.64	40.36	36.4	45.78	43.12	54.58	60.47	58.25	53.73	52.24	55.66
Cash Conversion Cycle	-6.52	0.41	19.97	14.16	8.45	6.55	14.86	5.42	3.45	-12.98	-22.6	-17.38	-13.4	-15.78	-21.75
Inventory to Cash Days	51.45	51.87	54.77	52.44	48.1	46.92	51.26	51.2	46.57	41.6	37.88	40.87	40.33	36.46	33.91
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Market Capitalization	13,641	17,123	28,468	36,683	45,617	51,235	89,579	123,078	150,522	230,144	319,518	162,117	279,232	230,621	136,375
- Cash & Cash Equivalents	990	1,425	835	1,117	877	1,011	2,306	1,643	2,650	4,478	3,844	4,236	7,141	7,613	5,431
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,514	1,508	1,514	1,514	1,907	1,892	1,881	4,125	4,138	4,708	4,673	4,633	4,080	6,056	6,648
Enterprise Value	12,243	15,092	26,808	34,458	43,536	48,366	85,641	123,973	150,483	228,860	318,393	160,654	275,470	228,791	136,428
Total Capital	8,043	8,511	8,443	8,439	9,161	10,007	11,455	15,940	18,967	24,319	28,578	32,952	37,426	44,526	52,002
Total Debt/Capital (%)	18.83	17.72	17.93	17.94	20.82	18.91	16.42	25.88	21.82	19.36	16.35	14.06	10.9	13.6	12.78
Total Debt / EV	0.12	0.1	0.06	0.04	0.04	0.04	0.02	0.03	0.03	0.02	0.01	0.03	0.01	0.03	0.05
EV/Sales	2.9	3.43	6.61	8.31	9.08	8.26	11.73	13.73	13.47	17.79	20.17	9.12	14.19	10.64	5.74
EV/EBITDA	8.34	10.22	34.8	46.18	35.04	26.5	34.34	38.91	37.39	45.83	48.31	23.1	36.62	26.61	14.32
EV/EBIT	10.23	12.82	59.68	79.66	48.21	32.38	39.5	43.65	46.05	54.01	54.88	26.35	41.42	29.56	15.67
EV/Cash Flow to Firm	7.67	9.74	22.22	25.87	28.72	21.43	28.82	30.15	32.95	38.97	43.46	20.27	37.26	27.93	13.32
EV/Free Cash Flow to Firm	6.77	8.29	19.22	23.28	25.6	19.65	27.19	28.31	30.33	36.37	41.49	19.2	35.53	27.32	13.09
Diluted Market Cap	13,818	17,399	29,155	37,465	46,385	51,847	90,939	124,904	152,156	232,058	322,198	162,462	280,454	232,168	136,696
Diluted Enterprise Value	14,342	17,482	29,835	37,862	47,416	52,728	90,514	127,386	153,644	232,288	323,027	162,859	277,393	230,611	137,913
EV per Share	24.61	30.51	53.47	69.21	87.29	97.05	173.49	252.72	309.45	475.8	667.49	341.82	602.78	511.84	320.25
TTM Sales	4,216	4,404	4,055	4,147	4,796	5,854	7,302	9,030	11,171	12,868	15,785	17,606	19,409	21,505	23,769
TTM EBITDA	1,467	1,477	770	746	1,243	1,825	2,494	3,186	4,025	4,994	6,590	6,954	7,522	8,598	9,524
TTM Operating Income	1,197	1,177	449	433	903	1,494	2,168	2,840	3,268	4,237	5,802	6,098	6,650	7,741	8,706
TTM Cash Flow to Firm	1,597	1,550	1,207	1,332	1,516	2,257	2,972	4,112	4,567	5,873	7,326	7,927	7,392	8,192	10,246
TTM Free Cash Flow to Firm	1,807	1,821	1,395	1,480	1,701	2,461	3,150	4,379	4,962	6,292	7,674	8,369	7,752	8,375	10,425

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Price/Free Cash Flow	7.88	9.83	21.76	26.09	28.04	21.57	29.42	29.07	31.59	37.76	42.52	19.62	36.6	28.18	13.39
EV/EBIT	10.23	12.82	59.68	79.66	48.21	32.38	39.5	43.65	46.05	54.01	54.88	26.35	41.42	29.56	15.67
Enterprise Value	12,243	15,092	26,808	34,458	43,536	48,366	85,641	123,973	150,483	228,860	318,393	160,654	275,470	228,791	136,428
Low Price	22.67	26.25	34.57	53.93	68.98	71.27	98	165.68	204.95	255.13	420.78	274.73	318.6	433.97	311.58
EV/Sales	2.9	3.43	6.61	8.31	9.08	8.26	11.73	13.73	13.47	17.79	20.17	9.12	14.19	10.64	5.74
EV/EBITDA	8.34	10.22	34.8	46.18	35.04	26.5	34.34	38.91	37.39	45.83	48.31	23.1	36.62	26.61	14.32
Price/Earnings	16.38	20.56	98.17	136.67	72.46	43.84	52.88	47.5	51.01	43.75	66.26	34.09	51.44	41.48	19.13
Price/Earnings Average	18.08	18.98	77.95	122.65	62.8	41.09	40.28	43.64	44.91	36.68	54.49	41.43	37.36	42.97	23.25
Price/Earnings High	21.5	20.68	100.26	138.55	73.41	47.37	54.28	52.56	51.6	49.09	69.2	67.08	52.92	51.31	33.33
Price/Earnings Low	13.54	15.59	59.77	100.04	54.65	30.39	28.56	31.37	33.77	23.33	41.62	27.15	26.82	34.89	18.62
Price/Book Value	2.09	2.45	4.11	5.3	6.29	6.31	9.36	10.42	10.15	11.74	13.37	5.72	8.37	5.99	3.01
Price/Book Value Average	2.31	2.26	3.26	4.75	5.45	5.92	7.13	9.57	8.94	9.84	10.99	6.96	6.08	6.21	3.66
Price/Book Value High	2.74	2.46	4.2	5.37	6.37	6.82	9.6	11.53	10.27	13.17	13.96	11.27	8.61	7.42	5.24
Price/Book Value Low	1.73	1.85	2.5	3.88	4.74	4.38	5.05	6.88	6.72	6.26	8.4	4.56	4.37	5.04	2.93
Price/Tangible Book Value	9.82	8.62	21.13	23.15	40.56	31.94	39.77	-37.43	-79.98	197.89	1,034.04	-876.31	106.37	431.07	-78.88
Price/Tangible Book Value Average	10.84	7.95	16.78	20.78	35.15	29.95	30.29	-34.39	-70.42	165.92	850.29	-1,065.17	77.25	446.59	-95.88
Price/Tangible Book Value High	12.9	8.67	21.58	23.47	41.09	34.52	40.82	-41.42	-80.9	222.05	1,079.87	-1,724.47	109.44	533.27	-137.46
Price/Tangible Book Value Low	8.12	6.54	12.86	16.95	30.59	22.14	21.48	-24.72	-52.96	105.52	649.55	-697.96	55.47	362.59	-76.77
Price/Sales	3.24	3.89	7.02	8.85	9.51	8.75	12.27	13.63	13.47	17.88	20.24	9.21	14.39	10.72	5.74
Price/Sales Average	3.57	3.59	5.57	7.94	8.24	8.2	9.35	12.52	11.86	15	16.64	11.19	10.45	11.11	6.97
Price/Sales High	4.25	3.91	7.17	8.97	9.64	9.46	12.59	15.08	13.63	20.07	21.14	18.12	14.8	13.27	10
Price/Sales Low	2.67	2.95	4.27	6.47	7.17	6.07	6.63	9	8.92	9.54	12.72	7.33	7.5	9.02	5.58
Price/Cash Flow	8.84	11.42	24.72	28.49	31.04	23.29	30.75	30.55	34.04	40.19	44.19	20.68	38.24	28.63	13.6
Price/Cash Flow Average	9.76	10.54	19.63	25.57	26.9	21.83	23.43	28.06	29.97	33.69	36.34	25.14	27.77	29.66	16.53
Price/Cash Flow High	11.6	11.48	25.25	28.88	31.45	25.17	31.57	33.8	34.43	45.09	46.15	40.7	39.34	35.41	23.69
Price/Cash Flow Low	7.31	8.66	15.05	20.85	23.41	16.15	16.61	20.17	22.54	21.43	27.76	16.47	19.94	24.08	13.23
Price/Free Cash Flow Average	8.7	9.07	17.28	23.42	24.3	20.22	22.41	26.71	27.81	31.66	34.96	23.85	26.58	29.19	16.27
Price/Free Cash Flow High	10.34	9.88	22.22	26.45	28.4	23.31	30.2	32.17	31.95	42.37	44.4	38.61	37.66	34.86	23.33
Price/Free Cash Flow Low	6.51	7.45	13.25	19.1	21.15	14.95	15.89	19.2	20.92	20.13	26.71	15.63	19.09	23.7	13.03
EV/Sales Average	3.7	3.61	5.74	8.03	8.46	8.35	9.29	12.8	12	15.01	16.7	11.22	10.29	11.04	7.03
EV/Sales High	4.37	3.93	7.34	9.06	9.85	9.61	12.53	15.36	13.76	20.09	21.19	18.14	14.64	13.19	10.05
EV/Sales Low	2.8	2.97	4.44	6.57	7.39	6.22	6.57	9.28	9.05	9.55	12.77	7.36	7.34	8.95	5.64
EV/EBITDA Average	10.62	10.76	30.22	44.65	32.65	26.8	27.19	36.27	33.3	38.68	40	28.39	26.55	27.61	17.53
EV/EBITDA High	12.56	11.72	38.62	50.37	38.02	30.82	36.7	43.52	38.2	51.76	50.76	45.93	37.78	33	25.08
EV/EBITDA Low	8.04	8.85	23.38	36.52	28.52	19.94	19.23	26.29	25.13	24.62	30.58	18.63	18.95	22.38	14.06
EV/EBIT Average	13.02	13.49	51.83	77.02	44.92	32.75	31.28	40.68	41.01	45.6	45.43	32.38	30.03	30.66	19.18
EV/EBIT High	15.39	14.7	66.23	86.88	52.32	37.66	42.21	48.83	47.05	61	57.65	52.38	42.74	36.65	27.44
EV/EBIT Low	9.86	11.1	40.1	62.99	39.24	24.37	22.12	29.49	30.95	29.02	34.74	21.24	21.43	24.86	15.39
Last Price	27.42	34.61	56.78	73.68	91.46	102.81	181.47	250.89	309.53	478.47	669.85	344.93	611.01	515.93	320.13
High Price	35.99	34.81	57.99	74.69	92.66	111.09	186.27	277.61	313.11	536.88	699.54	678.78	628.6	638.25	557.9
Enterprise Value Average	15,581	15,886	23,283	33,316	40,568	48,912	67,812	115,543	134,016	193,189	263,568	197,454	199,726	237,369	166,993
Enterprise Value High	18,429	17,305	29,754	37,583	47,246	56,242	91,524	138,667	153,751	258,469	334,510	319,424	284,209	283,741	238,882
Enterprise Value Low	11,802	13,070	18,012	27,247	35,435	36,398	47,951	83,759	101,153	122,948	201,541	129,520	142,539	192,428	133,950

Shares Outstanding	492	494	496	497	498	494	491	488	482	479	475	462	455	441	413
Diluted Weighted Avg Shares	504	503	513	508	507	504	501	498	492	485	481	471	459	450	427
Basic Weighted Avg Shares	497	495	501	498	499	498	494	491	486	481	477	470	457	447	426
Revenue per Share	8.48	8.9	8.09	8.33	9.61	11.75	14.79	18.41	22.97	26.75	33.09	37.46	42.47	48.11	55.8
EBITDA per Share	2.95	2.99	1.54	1.5	2.49	3.66	5.05	6.49	8.28	10.38	13.82	14.8	16.46	19.23	22.36
Operating Income per Share	2.41	2.38	0.9	0.87	1.81	3	4.39	5.79	6.72	8.81	12.16	12.97	14.55	17.32	20.44
Basic EPS, GAAP	1.67	1.68	0.58	0.54	1.26	2.35	3.43	5.28	6.07	10.94	10.11	10.12	11.88	12.44	16.74
Basic EPS from Cont Ops	1.67	1.68	0.58	0.54	1.26	2.35	3.43	5.28	6.07	10.94	10.11	10.12	11.88	12.44	16.74
Diluted EPS, GAAP	1.65	1.66	0.56	0.53	1.24	2.32	3.38	5.2	6	10.85	10.02	10.1	11.83	12.36	16.7
Diluted EPS from Cont Ops	1.65	1.66	0.56	0.53	1.24	2.32	3.38	5.2	6	10.85	10.02	10.1	11.83	12.36	16.7
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	3.1	3.03	2.3	2.59	2.95	4.41	5.9	8.21	9.09	11.91	15.16	16.68	15.98	18.02	23.55
Free Cash Flow per Basic Share	2.68	2.48	1.92	2.29	2.58	4.01	5.54	7.67	8.28	11.04	14.43	15.74	15.19	17.61	23.13
Cash & Equivalents per Share	5.85	7.15	6.33	7.51	8	9.55	11.79	6.58	8.59	12.46	12.16	12.97	17.16	17.64	15.48
Book Value per Share	13.12	14.16	13.82	13.91	14.54	16.28	19.39	24.09	30.49	40.77	50.12	60.25	72.97	86.06	106.46
Tangible Book Value per Share	2.79	4.02	2.69	3.18	2.25	3.22	4.56	-6.7	-3.87	2.42	0.65	-0.39	5.74	1.2	-4.06

Adobe Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)