Adobe return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Adobe's return on equity is 61.92%: net income of 7.28B USD over the last twelve months on shareholders' equity of 11.76B USD.
- Today
- 61.92%
- Average, 5 years
- 43.13%
- Low, 5 years
- 31.05%
- High, 5 years
- 63.05%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 7.28B ÷ 11.76B = 61.92%
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Adobe's return on equity so high?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
- FY202530.0% × 0.81 × 2.54 = 61.3%
- FY202425.9% × 0.71 × 2.14 = 39.4%
- FY202328.0% × 0.65 × 1.80 = 32.9%
- FY202227.0% × 0.65 × 1.93 = 33.8%
- FY202130.5% × 0.58 × 1.84 = 32.6%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 61.92% | 7.28B | 11.76B | |
| FY2025 | 28 Nov 2025 | 61.34% | 7.13B | 11.62B |
| FY2024 | 29 Nov 2024 | 39.42% | 5.56B | 14.11B |
| FY2023 | 1 Dec 2023 | 32.86% | 5.43B | 16.52B |
| FY2022 | 2 Dec 2022 | 33.85% | 4.76B | 14.05B |
| FY2021 | 3 Dec 2021 | 32.59% | 4.82B | 14.80B |
| FY2020 | 27 Nov 2020 | 39.66% | 5.26B | 13.26B |
| FY2019 | 29 Nov 2019 | 28.03% | 2.95B | 10.53B |
| FY2018 | 30 Nov 2018 | 27.67% | 2.59B | 9.36B |
| FY2017 | 1 Dec 2017 | 20.02% | 1.69B | 8.46B |
| FY2016 | 2 Dec 2016 | 15.74% | 1.17B | 7.42B |
| FY2015 | 27 Nov 2015 | 8.99% | 629.55M | 7.00B |
| FY2014 | 28 Nov 2014 | 3.74% | 253.55M | 6.78B |
| FY2013 | 29 Nov 2013 | 4.31% | 289.99M | 6.72B |
| FY2012 | 30 Nov 2012 | 12.49% | 832.78M | 6.67B |
| FY2011 | 2 Dec 2011 | 14.40% | 832.85M | 5.78B |
| FY2010 | 3 Dec 2010 | 14.92% | 774.68M | 5.19B |
| FY2009 | 27 Nov 2009 | 7.90% | 386.51M | 4.89B |
| FY2008 | 28 Nov 2008 | 19.77% | 871.81M | 4.41B |
| FY2007 | 30 Nov 2007 | 15.57% | 723.81M | 4.65B |
| FY2006 | 1 Dec 2006 | 9.82% | 505.81M | 5.15B |
| FY2005 | 2 Dec 2005 | 32.34% | 602.84M | 1.86B |
| FY2004 | 3 Dec 2004 | 31.64% | 450.40M | 1.42B |
| FY2003 | 28 Nov 2003 | 24.20% | 266.34M | 1.10B |
| FY2002 | 29 Nov 2002 | 28.38% | 191.40M | 674.32M |
| FY2001 | 30 Nov 2001 | 33.33% | 205.64M | 616.97M |
| FY2000 | 1 Dec 2000 | 38.24% | 287.81M | 752.54M |
| FY1999 | 3 Dec 1999 | 46.42% | 237.75M | 512.21M |
| FY1998 | 27 Nov 1998 | 20.36% | 105.14M | 516.37M |
| FY1997 | 28 Nov 1997 | 26.12% | 186.84M | 715.42M |
| FY1996 | 29 Nov 1996 | 21.69% | 153.28M | 706.51M |
| FY1995 | 1 Dec 1995 | 13.39% | 93.49M | 698.42M |
| FY1994 | 25 Nov 1994 | 1.22% | 6.30M | 514.32M |
| FY1993 | 30 Nov 1993 | 20.93% | 57.00M | 272.30M |
| FY1992 | 30 Nov 1992 | 19.41% | 43.60M | 224.60M |
| FY1991 | 30 Nov 1991 | 28.23% | 51.60M | 182.80M |
| FY1990 | 30 Nov 1990 | 37.20% | 40.10M | 107.80M |
| FY1989 | 30 Nov 1989 | 57.31% | 33.70M | 58.80M |
| FY1988 | 30 Nov 1988 | 47.63% | 21.10M | 44.30M |
| FY1987 | 30 Nov 1987 | 38.30% | 9.00M | 23.50M |
| FY1986 | 30 Nov 1986 | 26.28% | 3.60M | 13.70M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 28 Aug 2026 | 61.92% | 7.28B | 11.76B |
| Q2 FY2026 | 29 May 2026 | 62.76% | 7.23B | 11.52B |
| Q1 FY2026 | 27 Feb 2026 | 63.05% | 7.21B | 11.43B |
| Q4 FY2025 | 28 Nov 2025 | 61.34% | 7.13B | 11.62B |
| Q3 FY2025 | 29 Aug 2025 | 59.11% | 6.96B | 11.77B |
| Q2 FY2025 | 30 May 2025 | 60.00% | 6.87B | 11.45B |
| Q1 FY2025 | 28 Feb 2025 | 51.55% | 6.75B | 13.10B |
| Q4 FY2024 | 29 Nov 2024 | 39.42% | 5.56B | 14.11B |
| Q3 FY2024 | 30 Aug 2024 | 36.85% | 5.36B | 14.55B |
| Q2 FY2024 | 31 May 2024 | 34.22% | 5.08B | 14.84B |
| Q1 FY2024 | 1 Mar 2024 | 31.05% | 4.80B | 15.46B |
| Q4 FY2023 | 1 Dec 2023 | 32.86% | 5.43B | 16.52B |
| Q3 FY2023 | 1 Sept 2023 | 32.46% | 5.12B | 15.78B |
| Q2 FY2023 | 2 Jun 2023 | 32.71% | 4.85B | 14.84B |
| Q1 FY2023 | 3 Mar 2023 | 33.35% | 4.74B | 14.21B |
| Q4 FY2022 | 2 Dec 2022 | 33.85% | 4.76B | 14.05B |
| Q3 FY2022 | 2 Sept 2022 | 33.49% | 4.81B | 14.37B |
| Q2 FY2022 | 3 Jun 2022 | 34.96% | 4.89B | 13.99B |
| Q1 FY2022 | 4 Mar 2022 | 35.04% | 4.83B | 13.78B |
| Q4 FY2021 | 3 Dec 2021 | 32.59% | 4.82B | 14.80B |
| Q3 FY2021 | 3 Sept 2021 | 40.51% | 5.84B | 14.41B |
| Q2 FY2021 | 4 Jun 2021 | 40.30% | 5.58B | 13.85B |
| Q1 FY2021 | 5 Mar 2021 | 41.09% | 5.57B | 13.55B |
| Q4 FY2020 | 27 Nov 2020 | 39.66% | 5.26B | 13.26B |
| Q3 FY2020 | 28 Aug 2020 | 32.97% | 3.86B | 11.71B |
| Q2 FY2020 | 29 May 2020 | 34.00% | 3.70B | 10.88B |
| Q1 FY2020 | 28 Feb 2020 | 30.89% | 3.23B | 10.47B |
| Q4 FY2019 | 29 Nov 2019 | 28.03% | 2.95B | 10.53B |
| Q3 FY2019 | 30 Aug 2019 | 27.12% | 2.78B | 10.24B |
| Q2 FY2019 | 31 May 2019 | 26.70% | 2.65B | 9.93B |
| Q1 FY2019 | 1 Mar 2019 | 27.17% | 2.68B | 9.87B |
| Q4 FY2018 | 30 Nov 2018 | 27.67% | 2.59B | 9.36B |
| Q3 FY2018 | 31 Aug 2018 | 27.24% | 2.41B | 8.86B |
| Q2 FY2018 | 1 Jun 2018 | 24.90% | 2.17B | 8.71B |
| Q1 FY2018 | 2 Mar 2018 | 21.76% | 1.88B | 8.63B |
| Q4 FY2017 | 1 Dec 2017 | 20.02% | 1.69B | 8.46B |
| Q3 FY2017 | 1 Sept 2017 | 19.49% | 1.59B | 8.17B |
| Q2 FY2017 | 2 Jun 2017 | 18.49% | 1.44B | 7.80B |
| Q1 FY2017 | 3 Mar 2017 | 17.30% | 1.31B | 7.59B |
| Q4 FY2016 | 2 Dec 2016 | 15.74% | 1.17B | 7.42B |
| Q3 FY2016 | 2 Sept 2016 | 13.63% | 991.87M | 7.28B |
| Q2 FY2016 | 3 Jun 2016 | 12.35% | 895.55M | 7.25B |
| Q1 FY2016 | 4 Mar 2016 | 11.28% | 798.97M | 7.08B |
| Q4 FY2015 | 27 Nov 2015 | 8.99% | 629.55M | 7.00B |
| Q3 FY2015 | 28 Aug 2015 | 7.02% | 480.14M | 6.84B |
| Q2 FY2015 | 29 May 2015 | 5.30% | 350.36M | 6.61B |
| Q1 FY2015 | 27 Feb 2015 | 4.42% | 291.39M | 6.59B |
| Q4 FY2014 | 28 Nov 2014 | 3.74% | 253.55M | 6.78B |
| Q3 FY2014 | 29 Aug 2014 | 3.65% | 245.58M | 6.73B |
| Q2 FY2014 | 30 May 2014 | 4.28% | 283.90M | 6.64B |
| Q1 FY2014 | 28 Feb 2014 | 4.11% | 271.91M | 6.61B |
| Q4 FY2013 | 29 Nov 2013 | 4.31% | 289.99M | 6.72B |
| Q3 FY2013 | 30 Aug 2013 | 6.54% | 447.00M | 6.83B |
| Q2 FY2013 | 31 May 2013 | 8.16% | 565.35M | 6.93B |
| Q1 FY2013 | 1 Mar 2013 | 10.47% | 712.68M | 6.81B |
| Q4 FY2012 | 30 Nov 2012 | 12.49% | 832.78M | 6.67B |
| Q3 FY2012 | 31 Aug 2012 | 12.18% | 784.16M | 6.44B |
| Q2 FY2012 | 1 Jun 2012 | 12.75% | 777.91M | 6.10B |
| Q1 FY2012 | 2 Mar 2012 | 13.09% | 783.47M | 5.99B |
| Q4 FY2011 | 2 Dec 2011 | 14.40% | 832.85M | 5.78B |
| Q3 FY2011 | 2 Sept 2011 | 16.68% | 927.98M | 5.56B |
| Q2 FY2011 | 3 Jun 2011 | 17.87% | 962.94M | 5.39B |
| Q1 FY2011 | 4 Mar 2011 | 16.26% | 882.12M | 5.43B |
| Q4 FY2010 | 3 Dec 2010 | 14.92% | 774.68M | 5.19B |
| Q3 FY2010 | 3 Sept 2010 | 9.32% | 473.79M | 5.08B |
| Q2 FY2010 | 4 Jun 2010 | 7.33% | 379.77M | 5.18B |
| Q1 FY2010 | 5 Mar 2010 | 6.91% | 357.23M | 5.17B |
| Q4 FY2009 | 27 Nov 2009 | 7.90% | 386.51M | 4.89B |
| Q3 FY2009 | 28 Aug 2009 | 14.15% | 664.47M | 4.69B |
| Q2 FY2009 | 29 May 2009 | 15.00% | 720.03M | 4.80B |
| Q1 FY2009 | 27 Feb 2009 | 17.54% | 808.87M | 4.61B |
| Q4 FY2008 | 28 Nov 2008 | 19.77% | 871.81M | 4.41B |
| Q3 FY2008 | 29 Aug 2008 | 19.40% | 848.11M | 4.37B |
| Q2 FY2008 | 8 May 2008 | 21.33% | 861.74M | 4.04B |
| Q1 FY2008 | 29 Feb 2008 | 20.96% | 799.34M | 3.81B |
| Q4 FY2007 | 30 Nov 2007 | 15.57% | 723.81M | 4.65B |
| Q3 FY2007 | 31 Aug 2007 | 14.47% | 684.84M | 4.73B |
| Q2 FY2007 | 1 Jun 2007 | 11.05% | 574.00M | 5.20B |
| Q1 FY2007 | 2 Mar 2007 | 10.66% | 544.59M | 5.11B |
| Q4 FY2006 | 1 Dec 2006 | 9.82% | 505.81M | 5.15B |
| Q3 FY2006 | 1 Sept 2006 | 9.74% | 478.82M | 4.91B |
| Q2 FY2006 | 2 Jun 2006 | 11.10% | 529.34M | 4.77B |
| Q1 FY2006 | 3 Mar 2006 | 10.95% | 556.02M | 5.08B |
| Q4 FY2005 | 2 Dec 2005 | 32.34% | 602.84M | 1.86B |
| Q3 FY2005 | 2 Sept 2005 | 26.93% | 560.09M | 2.08B |
| Q2 FY2005 | 3 Jun 2005 | 27.79% | 519.63M | 1.87B |
| Q1 FY2005 | 4 Mar 2005 | 29.50% | 479.26M | 1.62B |
| Q4 FY2004 | 3 Dec 2004 | 31.64% | 450.40M | 1.42B |
| Q3 FY2004 | 3 Sept 2004 | 34.28% | 420.25M | 1.23B |
| Q2 FY2004 | 4 Jun 2004 | 30.13% | 380.31M | 1.26B |
| Q1 FY2004 | 5 Mar 2004 | 27.53% | 335.15M | 1.22B |
| Q4 FY2003 | 28 Nov 2003 | 24.20% | 266.34M | 1.10B |
| Q3 FY2003 | 29 Aug 2003 | 25.83% | 223.08M | 863.78M |
| Q2 FY2003 | 30 May 2003 | 25.50% | 205.76M | 806.94M |
| Q1 FY2003 | 28 Feb 2003 | 28.08% | 195.82M | 697.43M |
| Q4 FY2002 | 29 Nov 2002 | 28.38% | 191.40M | 674.32M |
| Q3 FY2002 | 30 Aug 2002 | 24.42% | 185.60M | 760.16M |
| Q2 FY2002 | 31 May 2002 | 22.10% | 178.69M | 808.48M |
| Q1 FY2002 | 1 Mar 2002 | 26.93% | 185.70M | 689.51M |
| Q4 FY2001 | 30 Nov 2001 | 33.33% | 205.64M | 616.97M |
| Q3 FY2001 | 31 Aug 2001 | 37.40% | 250.55M | 669.94M |
| Q2 FY2001 | 1 Jun 2001 | 42.25% | 288.53M | 682.97M |
| Q1 FY2001 | 2 Mar 2001 | 39.45% | 293.00M | 742.74M |
| Q4 FY2000 | 1 Dec 2000 | 38.24% | 287.81M | 752.54M |
| Q3 FY2000 | 1 Sept 2000 | 45.42% | 305.97M | 673.68M |
| Q2 FY2000 | 2 Jun 2000 | 47.18% | 284.86M | 603.80M |
| Q1 FY2000 | 3 Mar 2000 | 41.48% | 264.04M | 636.61M |
| Q4 FY1999 | 3 Dec 1999 | 46.42% | 237.75M | 512.21M |
| Q3 FY1999 | 3 Sept 1999 | 32.97% | 190.66M | 578.37M |
| Q2 FY1999 | 4 Jun 1999 | 23.26% | 133.66M | 574.56M |
| Q1 FY1999 | 5 Mar 1999 | 21.41% | 116.68M | 544.87M |
| Q4 FY1998 | 27 Nov 1998 | 20.36% | 105.14M | 516.37M |
| Q3 FY1998 | 28 Aug 1998 | 14.98% | 101.70M | 678.98M |
| Q2 FY1998 | 29 May 1998 | 22.65% | 154.97M | 684.24M |
| Q1 FY1998 | 27 Feb 1998 | 26.36% | 167.10M | 633.96M |
| Q4 FY1997 | 28 Nov 1997 | 26.12% | 186.84M | 715.42M |
| Q3 FY1997 | 29 Aug 1997 | 23.83% | 207.78M | 871.97M |
| Q2 FY1997 | 30 May 1997 | 21.74% | 184.20M | 847.13M |
| Q1 FY1997 | 28 Feb 1997 | 22.48% | 166.10M | 738.98M |
| Q4 FY1996 | 29 Nov 1996 | 21.69% | 153.28M | 706.51M |
| Q3 FY1996 | 30 Aug 1996 | 12.99% | 81.30M | 626.06M |
| Q2 FY1996 | 31 May 1996 | 10.73% | 80.91M | 754.15M |
| Q1 FY1996 | 1 Mar 1996 | 12.60% | 92.80M | 736.57M |
| Q4 FY1995 | 1 Dec 1995 | 13.39% | 93.49M | 698.42M |
| Q3 FY1995 | 1 Sept 1995 | 8.95% | 54.71M | 611.16M |
| Q2 FY1995 | 2 Jun 1995 | 7.61% | 43.35M | 569.47M |
| Q1 FY1995 | 3 Mar 1995 | 5.00% | 25.55M | 511.13M |
| Q4 FY1994 | 25 Nov 1994 | 1.22% | 6.30M | 514.32M |
| Q3 FY1994 | 31 Aug 1994 | 19.39% | 65.00M | 335.20M |
| Q2 FY1994 | 31 May 1994 | 18.85% | 58.30M | 309.30M |
| Q1 FY1994 | 28 Feb 1994 | 18.96% | 56.60M | 298.50M |
| Q4 FY1993 | 30 Nov 1993 | 20.93% | 57.00M | 272.30M |
| Q3 FY1993 | 31 Aug 1993 | 18.64% | 49.70M | 266.60M |
| Q2 FY1993 | 31 May 1993 | 17.58% | 45.00M | 256.00M |
| Q1 FY1993 | 28 Feb 1993 | 19.08% | 45.80M | 240.10M |
| Q4 FY1992 | 30 Nov 1992 | 19.41% | 43.60M | 224.60M |
| Q3 FY1992 | 31 Aug 1992 | 21.09% | 48.30M | 229.00M |
| Q2 FY1992 | 31 May 1992 | 24.65% | 54.40M | 220.70M |
| Q1 FY1992 | 29 Feb 1992 | 25.52% | 52.50M | 205.70M |
| Q4 FY1991 | 30 Nov 1991 | 28.23% | 51.60M | 182.80M |
| Q3 FY1991 | 31 Aug 1991 | 30.01% | 50.60M | 168.60M |
| Q2 FY1991 | 31 May 1991 | 32.58% | 47.80M | 146.70M |
| Q1 FY1991 | 28 Feb 1991 | 33.57% | 42.40M | 126.30M |
| Q4 FY1990 | 30 Nov 1990 | 37.20% | 40.10M | 107.80M |
| Q3 FY1990 | 31 Aug 1990 | 39.54% | 38.00M | 96.10M |
| Q2 FY1990 | 31 May 1990 | 43.65% | 37.10M | 85.00M |
| Q1 FY1990 | 28 Feb 1990 | 51.90% | 36.80M | 70.90M |
| Q4 FY1989 | 30 Nov 1989 | 57.31% | 33.70M | 58.80M |
| Q3 FY1989 | 31 Aug 1989 | 48.95% | 30.40M | 62.10M |
| Q2 FY1989 | 31 May 1989 | 46.95% | 27.70M | 59.00M |
| Q1 FY1989 | 28 Feb 1989 | — | 24.60M | — |
| Q4 FY1988 | 30 Nov 1988 | 47.86% | 21.20M | 44.30M |
| Q3 FY1988 | 31 Aug 1988 | — | 17.20M | — |
| Q2 FY1988 | 31 May 1988 | — | 13.20M | — |
| Q1 FY1988 | 29 Feb 1988 | — | 11.00M | — |
| Q4 FY1987 | 30 Nov 1987 | 38.30% | 9.00M | 23.50M |
| Q3 FY1987 | 31 Aug 1987 | — | 7.20M | — |
| Q2 FY1987 | 31 May 1987 | — | 6.00M | — |
| Q1 FY1987 | 28 Feb 1987 | — | 4.60M | — |
| Q4 FY1986 | 30 Nov 1986 | 26.28% | 3.60M | 13.70M |
| Q3 FY1986 | 31 Aug 1986 | — | — | — |
| Q2 FY1986 | 31 May 1986 | — | — | — |
| Q1 FY1986 | 28 Feb 1986 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Debt to equity,Current ratio,All ratios
Common questions about Adobe's ROE
Source: Financial Modeling PrepVerified against SEC filings
