Return On Equity ratio Analysis of Adobe Systems Inc. - Deep Dive
Latest FY ROE
Period Ending - Nov-23
Very Good ROE
32.86
Period Ending - Nov-22
Very Good ROE
33.85
Growth
-2.92 %
Trailing Twelve Months ROE
Period Ending - Nov-23
Very Good ROE
31.26
Most recent Quarter ROE
Period Ending - Feb-24
Good ROE
4.01
ROE Analysis of Adobe Systems Inc.
ROE Ratio of Adobe Systems Inc. with value of 31.26 means its generates profits efficiently by using its Shareholders Fund. |
ROE Ratio of ADBE has fallen by -2.92 % Compared to previous Financial Year. |
ROE Ratio with value of 39.66 was highest in Year Nov-20 in last Five Years. |
ROE Ratio with value of 28.03 was lowest in Year Nov-19 in last Five Years. |
Latest ROE Ratio with value of 32.86 is lower than Average ROE of 33.40 in last five years. |
Other ROE Related Info of ADBE that may interest you.
Adobe Systems Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ADBE | 444.76 | 445.87 | 0.249 % | Software-Infrastructure |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Return On Equity of Adobe Systems Inc.
Period | Nov-23 | Nov-22 | Nov-21 | Nov-20 | Nov-19 | Nov-18 | Nov-17 |
---|---|---|---|---|---|---|---|
ROE | 32.86 | 33.85 | 32.59 | 39.66 | 28.03 | 27.67 | 20.02 |
Change | -2.92 % | 3.87 % | -17.82 % | 41.48 % | 1.29 % | 38.20 % | 27.20 % |
FY Chart of Return On Equity of Adobe Systems Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)