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Adobe ADBE Free cash flow yield

Free cash flow yield at other companies

Autodesk logo
AutodeskADSK
5.5%+2.6pp
Fair Isaac logo
Fair IsaacFICO
3.6%+2.0pp
Salesforce logo
SalesforceCRM
10.2%+5.2pp
Oracle logo
OracleORCL
-5.9%-7.2pp
Shopify logo
ShopifySHOP
1.4%0.0pp
Accenture logo
AccentureACN
11%+5.8pp

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$78.02B-40.5%
Enterprise value$80.17B-39.8%
P/E10.8×-8.3×
P/S3.1×-2.7×

Profitability

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

Returns & leverage

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Return on equity63%+10.7pp
Debt / equity0.6×0.0×
Current ratio0.8×-0.2×

Where this comes from

Calculated from Adobe’s reported figures.

Based on trailing twelve months.

The official record: Adobe’s 10-Q, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Adobe's free cash flow yield?
Adobe (ADBE) reported free cash flow yield of 9.8% in Q1 2026.
How has Adobe's free cash flow yield changed year-over-year?
Adobe's free cash flow yield increased by 83.1% year-over-year, from 5.4% to 9.8%.
What is the long-term trend for Adobe's free cash flow yield?
Over 4 years (2021 to 2025), Adobe's free cash flow yield has grown at a 25.4% compound annual growth rate (CAGR), from 9.6% to 23.9%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.