ADOBE INC.ADBE

Market cap

$137.6B

P/E ratio

	Dec 3, 2010	Dec 2, 2011	Nov 30, 2012	Nov 29, 2013	Nov 28, 2014	Nov 27, 2015	Dec 2, 2016	Dec 1, 2017	Nov 30, 2018	Nov 29, 2019	Nov 27, 2020	Dec 3, 2021	Dec 2, 2022	Dec 1, 2023	Nov 29, 2024
Net income	775	833	833	290	268	630	1,169	1,694	2,591	2,951	5,260	4,822	4,756	5,428	5,560
Depreciation, amortization and accretion	-	270	300	321	314	339	332	326	346	737	757	788	856	872	857
Stock-based compensation	231	286	299	329	334	336	350	451	610	788	909	1,069	1,440	1,718	1,833
Reduction of operating lease right-of-use assets	-	-	-	-	-	-	-	-	-	-	87	73	83	72	77
Lease-related asset impairments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78
Deferred income taxes	-172	51	89	30	-26	-70	24	52	-469	3	1,501	183	328	-426	-468
Unrealized losses (gains) on investments, net	-12	4	9	-6	0	9	-3	5	-1	48	11	4	-29	10	35
Other non-cash items	-	-15	14	-28	-2	-1	-2	-5	-7	-14	-40	-7	-10	-3	-10
Trade receivables, net	134	81	-45	-34	-8	80	160	187	2	188	-106	430	198	159	-143
Prepaid expenses and other assets	40	5	-5	56	2	8	71	-28	77	531	288	475	94	818	616
Trade payables	-10	32	-63	7	6	23	-6	-45	55	23	96	-20	66	-49	44
Accrued expenses and other liabilities	128	-25	-8	42	38	-6	65	154	44	172	86	162	7	146	196
Income taxes payable	-49	-17	10	-59	11	30	-32	-34	479	4	-72	2	19	-11	68
Deferred revenue	109	101	87	201	326	321	525	475	445	497	258	1,053	536	536	309
Net cash provided by operating activities	1,113	1,543	1,500	1,152	1,287	1,470	2,200	2,913	4,029	4,422	5,727	7,230	7,838	7,302	8,056
Purchases of short-term investments	2,601	1,861	1,776	2,058	2,014	2,065	2,285	1,931	566	700	1,071	1,533	909	-	59
Maturities of short-term investments	-	486	440	360	272	372	769	760	766	700	915	877	683	965	486
Proceeds from Sale of Short-Term Investments	1,134	1,148	1,127	1,450	1,444	1,176	861	1,394	1,709	86	167	191	270	223	11
Acquisitions, net of cash acquired	193	259	353	705	30	826	48	460	6,314	101	-	2,682	126	-	-
Purchases of property and equipment	170	210	271	188	148	185	204	178	267	394	419	348	442	360	183
Purchases of long-term investments, intangibles and other assets	-	66	30	68	18	23	58	30	19	49	15	42	46	53	108
Proceeds from Sale of Long-Term Investments	-	-	-	-	-	-	-	-	5	3	9	-	-	1	2
Net cash provided by (used for) investing activities	-1,159	-757	-835	-1,178	-491	-1,488	-960	-443	-4,685	-456	-414	-3,537	-570	776	149
Repurchases of common stock	850	695	405	1,100	600	625	1,075	1,100	2,050	2,750	3,050	3,950	6,550	4,400	9,500
Proceeds from Sale of Treasury Stock	139	145	169	501	228	164	146	158	191	233	270	291	278	314	361
Taxes paid related to net share settlement of equity awards	-	-	-	-	-	-	-	-	-	-	-	719	518	589	677
Proceeds from issuance of debt	-	-	-	-	-	-	-	-	2,248	-	3,144	-	-	-	1,997
Repayment of debt	-	-	-	-	-	-	-	-	-	-	3,150	-	-	500	-
Other financing activities, net	-	-	-	-	-	-	-	-	-	11	-21	77	-35	-7	95
Net cash used for financing activities	-215	-550	-235	-559	-507	-201	-1,091	-1,184	-6	-2,946	-3,488	-4,301	-6,825	-5,182	-7,724
Effect of foreign currency exchange rates on cash and cash equivalents	-	-	-	-	-	-	-	-	-	-	-	-	-51	9	-9
Net change in cash and cash equivalents	-	-	-	-	-	-	-	-	-	-	1,828	-634	392	2,905	472
Income Taxes Paid, Net	389	158	201	130	20	203	250	397	210	352	469	843	778	1,854	1,727
Cash paid for interest	35	64	66	65	69	56	66	69	81	152	88	100	103	106	143