Adobe Historical Income Statement
| ADBE Stock | USD 474.45 1.77 0.37% |
Historical analysis of Adobe Systems income statement accounts such as Interest Expense of 136.4 M, Selling General Administrative of 1.7 B or Total Revenue of 23.4 B can show how well Adobe Systems Incorporated performed in making a profits. Evaluating Adobe Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Adobe Systems's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Adobe Systems rporated latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Adobe Systems rporated is a good buy for the upcoming year.
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About Adobe Income Statement Analysis
Adobe Systems rporated Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Adobe Systems shareholders. The income statement also shows Adobe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Adobe Systems Income Statement Chart
Adobe Systems Incorporated Income Statement is one of the three primary financial statements used for reporting Adobe's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Adobe Systems rporated revenue and expense. Adobe Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Adobe Systems' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 1.7 B, whereas Net Interest Income is forecasted to decline to (106.8 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Adobe Systems rporated generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Adobe Systems Incorporated minus its cost of goods sold. It is profit before Adobe Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Adobe Systems rporated. It is also known as Adobe Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Adobe Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Adobe Systems rporated current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Adobe Systems' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 1.7 B, whereas Net Interest Income is forecasted to decline to (106.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 15.4B | 17.1B | 19.6B | 20.6B | Total Revenue | 17.6B | 19.4B | 22.3B | 23.4B |
Adobe Systems income statement Correlations
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Adobe Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adobe Systems income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 799M | 788M | 897M | 872M | 1.0B | 1.1B | |
| Interest Expense | 157.2M | 116M | 113M | 112M | 130.0M | 136.4M | |
| Selling General Administrative | 968M | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | |
| Total Revenue | 12.9B | 15.8B | 17.6B | 19.4B | 22.3B | 23.4B | |
| Gross Profit | 11.1B | 13.9B | 15.4B | 17.1B | 19.6B | 20.6B | |
| Other Operating Expenses | 8.6B | 10.0B | 11.5B | 12.8B | 14.7B | 15.4B | |
| Operating Income | 4.2B | 5.8B | 6.1B | 6.7B | 7.6B | 8.0B | |
| Ebit | 4.2B | 5.8B | 6.1B | 6.9B | 7.9B | 8.3B | |
| Ebitda | 5.0B | 6.6B | 7.0B | 7.8B | 8.9B | 9.4B | |
| Cost Of Revenue | 1.7B | 1.9B | 2.2B | 2.4B | 2.7B | 2.8B | |
| Total Operating Expenses | 6.9B | 8.1B | 9.3B | 10.4B | 12.0B | 12.6B | |
| Income Before Tax | 4.2B | 5.7B | 6.0B | 6.8B | 7.8B | 8.2B | |
| Total Other Income Expense Net | (61M) | (97M) | (90M) | 262M | 235.8M | 247.6M | |
| Net Income | 5.3B | 4.8B | 4.8B | 5.4B | 6.2B | 6.6B | |
| Income Tax Expense | (1.1B) | 883M | 1.3B | 1.4B | 1.6B | 1.7B | |
| Research Development | 2.2B | 2.5B | 3.0B | 3.5B | 4.0B | 4.2B | |
| Selling And Marketing Expenses | 3.6B | 4.3B | 5.0B | 5.4B | 6.2B | 6.5B | |
| Net Income Applicable To Common Shares | 3.0B | 5.3B | 4.8B | 4.8B | 5.5B | 5.7B | |
| Net Income From Continuing Ops | 5.3B | 4.8B | 4.8B | 5.4B | 6.2B | 6.6B | |
| Non Operating Income Net Other | 93.8M | 55M | 16M | 22M | 25.3M | 28.3M | |
| Tax Provision | (1.1B) | 883M | 1.3B | 1.4B | 1.6B | 1.7B | |
| Net Interest Income | (88.9M) | (116M) | (113M) | (112M) | (101.7M) | (106.8M) | |
| Interest Income | 43M | 17M | 61M | 269M | 309.4M | 324.8M | |
| Reconciled Depreciation | 757M | 788M | 856M | 872M | 1.0B | 735.8M |
Pair Trading with Adobe Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adobe Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adobe Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Adobe Stock
| 0.75 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Adobe Stock
| 0.84 | VERI | Veritone Financial Report 7th of May 2024 | PairCorr |
| 0.8 | DTSS | Datasea | PairCorr |
| 0.79 | NN | Nextnav Acquisition Corp Financial Report 8th of May 2024 | PairCorr |
| 0.76 | GB | Global Blue Group | PairCorr |
| 0.7 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Adobe Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adobe Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adobe Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adobe Systems Incorporated to buy it.
The correlation of Adobe Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adobe Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adobe Systems rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adobe Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Adobe Systems rporated information on this page should be used as a complementary analysis to other Adobe Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Adobe Stock analysis
When running Adobe Systems' price analysis, check to measure Adobe Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
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Is Adobe Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adobe Systems. If investors know Adobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 10.48 | Revenue Per Share 43.762 | Quarterly Revenue Growth 0.113 | Return On Assets 0.1572 |
The market value of Adobe Systems rporated is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.