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Adobe ADBE Debt-to-equity

Debt-to-equity at other companies

Digital Turbine logo
Digital TurbineAPPS
1.9×-0.8×
LiveRamp Holdings, Inc. logo
LiveRamp Holdings, Inc.RAMP
0.0×
Autodesk logo
AutodeskADSK
0.0×
Open Text logo
Open TextOTEX
1.6×0.0×
Salesforce logo
SalesforceCRM
1.2×+1.0×
DocuSign logo
DocuSignDOCU
0.1×0.0×

Other financials

Income statement

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Revenue$6.6B+12.7%
Gross profit$5.9B+12.8%
Operating income$2.2B+6.1%
Net income$1.7B+1.2%
EPS (diluted)$4.25+7.9%

Balance sheet

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Cash & equivalents$4.9B-0.2%
Total debt$7.1B+7.6%
Total equity$11.5B+0.6%
Total assets$29.9B+6.5%

Cash flow

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Operating cash flow$2.2B-1.2%
CapEx$58.0M+23.4%
Free cash flow$2.1B-1.7%

Valuation

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Market cap$99.54B-30.8%
Enterprise value$101.68B-30.1%
P/E13.8×-7.2×
P/S-2.4×

Profitability

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Gross margin89.4%+0.2pp
Operating margin36.1%-0.3pp
Net margin28.7%-1.7pp
FCF margin40.8%-1.0pp

Returns & leverage

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Return on equity63%+10.7pp
Current ratio0.8×-0.2×

Where this comes from

Calculated from Adobe’s reported figures.

Based on the most recent quarter.

The source filing: Adobe’s 10-Q, filed June 15, 2026. Open the filing →

Filed
Jun 15, 2026, 6:04 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000796343-26-000112

FAQ

What is Adobe's debt-to-equity?
Adobe (ADBE) reported debt-to-equity of 0.6× in Q1 2026.
How has Adobe's debt-to-equity changed year-over-year?
Adobe's debt-to-equity increased by 7.0% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for Adobe's debt-to-equity?
Over 5 years (2020 to 2025), Adobe's debt-to-equity has grown at a 10.0% compound annual growth rate (CAGR), from 0.4× to 0.6×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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