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Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
1983
30.7K+
LTM Revenue $21.9B
LTM EBITDA $10.8B
$187B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Adobe has a last 12-month revenue of $21.9B and a last 12-month EBITDA of $10.8B.
In the most recent fiscal year, Adobe achieved revenue of $21.5B and an EBITDA of $8.0B.
Adobe expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Adobe valuation multiples based on analyst estimates| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $17.6B | $19.4B | $21.5B | $21.9B | XXX |
| Gross Profit | $15.4B | $17.1B | $19.1B | XXX | XXX |
| Gross Margin | 88% | 88% | 89% | XXX | XXX |
| EBITDA | $7.0B | $7.8B | $8.0B | $10.8B | XXX |
| EBITDA Margin | 40% | 40% | 37% | 49% | XXX |
| Net Profit | $4.8B | $5.4B | $5.6B | XXX | XXX |
| Net Margin | 27% | 28% | 26% | XXX | XXX |
| Net Debt | n/a | n/a | n/a | XXX | XXX |
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As of February 7, 2025, Adobe's stock price is $433.
Adobe has current market cap of $189B, and EV of $187B.
See Adobe trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $187B | $189B | XXX | XXX | XXX | XXX | $18.80 |
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Sign UpAs of February 7, 2025, Adobe has market cap of $189B and EV of $187B.
Adobe's trades at 8.5x LTM EV/Revenue multiple, and 17.3x LTM EBITDA.
Analysts estimate Adobe's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Adobe and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $187B | XXX | XXX | XXX |
| EV/Revenue | 8.6x | XXX | XXX | XXX |
| EV/EBITDA | 22.6x | XXX | XXX | XXX |
| P/E | 32.3x | XXX | XXX | XXX |
| P/E/Growth | 1.1x | XXX | XXX | XXX |
| EV/FCF | 23.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpAdobe's NTM/LTM revenue growth is 9%
Adobe's revenue per employee for the last fiscal year averaged $0.7M, while opex per employee averaged $0.4M for the same period.
Over next 12 months, Adobe's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Adobe's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Adobe and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 38% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 48% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.7M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.4M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 27% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 7% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 18% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 53% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Aerometrex | XXX | XXX | XXX | XXX | XXX | XXX |
| Genesys International | XXX | XXX | XXX | XXX | XXX | XXX |
| HYBRID Software Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Mensch und Maschine | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Adobe acquired XXX companies to date.
Last acquisition by Adobe was XXXXXXXX, XXXXX XXXXX XXXXXX . Adobe acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Adobe founded? | Adobe was founded in 1983. |
| Where is Adobe headquartered? | Adobe is headquartered in United States of America. |
| How many employees does Adobe have? | As of today, Adobe has 30.7K+ employees. |
| Who is the CEO of Adobe? | Adobe's CEO is Mr. Shantanu Narayen. |
| Is Adobe publicy listed? | Yes, Adobe is a public company listed on NAS. |
| What is the stock symbol of Adobe? | Adobe trades under ADBE ticker. |
| When did Adobe go public? | Adobe went public in 1986. |
| Who are competitors of Adobe? | Similar companies to Adobe include e.g. Aerometrex, Genesys International, HYBRID Software Group, Mensch und Maschine. |
| What is the current market cap of Adobe? | Adobe's current market cap is $189B |
| What is the current revenue of Adobe? | Adobe's last 12-month revenue is $21.9B. |
| What is the current EBITDA of Adobe? | Adobe's last 12-month EBITDA is $10.8B. |
| What is the current EV/Revenue multiple of Adobe? | Current revenue multiple of Adobe is 8.5x. |
| What is the current EV/EBITDA multiple of Adobe? | Current EBITDA multiple of Adobe is 17.3x. |
| What is the current revenue growth of Adobe? | Adobe revenue growth between 2023 and 2024 was 11%. |
| Is Adobe profitable? | Yes, Adobe is EBITDA-positive (as of the last 12 months). |
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