Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Adobe Inc. (ADBE) had Asset Turnover of 0.71 for the most recently reported fiscal year, ending 2024-11-30.

Quarterly Annual

Figures for fiscal year ending 2024-11-30

Income Statement Financials
Revenue	$21.50B
Net Income	$5.56B
Cost of Goods Sold	$2.36B
Gross Profit	$19.15B
Operating Expenses	$14.76B
Operating Income	$6.74B
Non-Operating Income/Expense	$190.00M
Pre-Tax Income	$6.93B
Normalized Pre-Tax Income	$6.88B
Income after Taxes	$5.56B
Income from Continuous Operations	$5.56B
Consolidated Net Income/Loss	$5.56B
Normalized Income after Taxes	$5.50B
EBIT	$6.74B
EBITDA	$7.60B
Weighted-Average Shares Outstanding (Basic)	447.00M
Weighted-Average Shares Outstanding (Diluted)	450.00M
Earnings per Share (EPS) (Basic)	$12.43
Earnings per Share (EPS) (Diluted)	$12.36
Balance Sheet Financials
Current Assets	$11.23B
Property, Plant, and Equipment	$1.94B
Long-Term Assets	$19.00B
Total Assets	$30.23B
Current Liabilities	$10.52B
Long-Term Debt	$4.13B
Long-Term Liabilities	$5.60B
Total Liabilities	$16.12B
Common Equity	$14.11B
Tangible Shareholders Equity	$535.00M
Shareholders Equity	$14.11B
Common Shares Outstanding	441.00M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$8.06B
Cash Flow from Investing Activities	$149.00M
Cash Flow from Financial Activities	$-7.72B
Beginning Cash	$7.14B
End Cash	$7.61B
Increase/Decrease in Cash	$472.00M
Stock-Based Compensation	$1.83B
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.07
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.23
Debt to Equity Ratio	0.40
Gross Margin	89.04%
Operating Margin	31.35%
EBIT Margin	31.35%
EBITDA Margin	35.33%
Pre-Tax Profit Margin	32.23%
Profit Margin	25.85%
Free Cash Flow	$7.87B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.71
Inventory Turnover	--
Receiveable Turnover	10.38
Days Sales in Receivables	35.17
Return on Equity	39.42%
Return on Tangible Equity	1039.25%
Return on Assets	18.39%
Return on Investments	30.49%
Book Value Per Share	$31.98
Free Cash Flow per Share	$17.50
Operating Cash Flow per Share	$17.90

Data from Zacks Investment Research, Inc.