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Adobe ADBE Price / earnings

Price / earnings at other companies

Autodesk logo
AutodeskADSK
34.2×-23.0×
Fair Isaac logo
Fair IsaacFICO
33.3×-44.8×
Salesforce logo
SalesforceCRM
18×-22.9×
Oracle logo
OracleORCL
25.8×-12.4×
Twilio logo
TwilioTWLO
228.5×
Shopify logo
ShopifySHOP
116.1×+39.3×

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/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 the most recent quarter.

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 price / earnings?
Adobe (ADBE) reported price / earnings of 14.5× in Q1 2026.
How has Adobe's price / earnings changed year-over-year?
Adobe's price / earnings decreased by 43.5% year-over-year, from 25.6× to 14.5×.
What is the long-term trend for Adobe's price / earnings?
Over 4 years (2021 to 2025), Adobe's price / earnings has grown at a -17.4% compound annual growth rate (CAGR), from 202.5× to 94.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.