FIG vs FROG vs ADBE Stock Comparison

Figma, JFrog and Adobe Prices as of Oct 23, 2026 Peers: Industry group
FIG Figma, Inc.
$24.64 +13.2% 1M -53.8% 1Y
Market cap
$12.41B
P/E
–
Revenue (TTM)
$1.20B
Div. yield
–
Creative Software Technology
1 win
FROG JFrog Ltd
$100.62 +9.0% 1M +108.3% 1Y
Market cap
$12.14B
P/E
–
Revenue (TTM)
$599.96M
Div. yield
–
Developer Tools Technology
2 wins
ADBE Adobe Inc.
$263.82 +9.6% 1M -25.5% 1Y
Market cap
$102.20B
P/E
14.0x
Revenue (TTM)
$25.97B
Div. yield
–
Creative Software Technology
5 wins

Head to Head

8 decided of 12

Adobe leads on 5 of the 12 questions below (Adobe 5, JFrog 2, Figma 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFIGFROGADBELeader
Larger companyMarket capitalisation $12.41B $12.14B $102.20B ADBE
Cheaper on earningsLower P/E, profitable companies only -8.7x -275.4x 14.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 88.0x 107.0x 10.5x ADBE
Faster revenue growthRevenue growth, trailing twelve months +42.2% +26.4% +12.0% FIG
More profitableNet margin, trailing twelve months -119.8% -7.3% 28.0% ADBE
Better return on capitalReturn on invested capital — — 54.5% –
Less leveragedLower net debt / EBITDA — — -0.4x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -53.8% +108.3% -25.5% FROG
Better 5-year returnAnnualised price return, 5 years — +23.4%/yr -16.3%/yr FROG
Less volatileAnnualised volatility, 1 year 74.6% 75.1% 42.0% ADBE
Higher overall scoreMean of the five percentile scores vs peers 32/100 59/100 65/100 ADBE

Percentile Scorecard

FIGFROGADBE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFIGFROGADBE
Valuation 3 #29 of 30 41 #74 of 124 59 #13 of 30
Growth 39 #17 of 27 80 #23 of 113 19 #22 of 27
Profitability 4 #25 of 26 57 #48 of 110 100 #1 of 26
Financial Health 81 #7 of 32 72 #37 of 129 61 #13 of 32
Shareholder Returns – 45 #38 of 68 88 #3 of 17
Overall 32 59 65
  • FIG ranked among 33 companies in Workplace Software
  • FROG ranked among 137 companies in Infrastructure Software
  • ADBE ranked among 33 companies in Workplace Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFIGFROGADBESPY
1 month +13.2%+9.0%+9.6% -1.0%
3 months +16.5%+25.5%+17.2% +2.9%
6 months +41.0%+122.4%+7.5% +6.4%
Year to date -34.1%+61.1%-24.6% +11.4%
1 year -53.8%+108.3%-25.5% +13.1%
3 years —+337.1%-51.1% +79.4%
3 years, per year —+63.6%-21.2% +21.5%
5 years —+185.4%-59.0% +67.7%
5 years, per year —+23.4%-16.3% +10.9%
10 years ——+142.0% +255.2%
10 years, per year ——+9.2% +13.5%

Risk

MeasureFIGFROGADBESPY
Volatility, 1Y 74.6%75.1%42.0% 12.7%
Downside volatility, 1Y 69.6%71.7%43.9% 12.7%
Beta vs S&P 500, 1Y 1.021.400.25 1.00
Return / volatility, 1Y -0.721.44-0.61 1.03
Max drawdown, 5Y -86.2%-56.6%-71.9% -25.4%
From 52-week high -53.8%-3.3%-26.7% -2.5%
52-week high $53.36$104.03$359.91 $779.14
52-week low $16.84$34.75$193.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFIGFROGADBE
P/E now vs peer median -9.1xmedian 32.3x -278.1xmedian 37.4x 14.3xmedian 32.3x
P/S now vs peer median 10.9xmedian 2.4x 20.6xmedian 4.4x 4.0xmedian 2.4x
EV/EBITDA now vs peer median -8.0xmedian 11.5x -247.2xmedian 35.0x 9.9xmedian 11.5x
P/FCF now vs peer median —median 14.2x 73.0xmedian 27.2x 9.7xmedian 14.2x
P/B now vs peer median 8.8xmedian 2.7x 12.9xmedian 3.4x 8.8xmedian 2.7x
PEG now vs peer median —median 0.77 -11.81median 1.27 0.78median 0.77

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFIGFROGADBE
Revenue $1.20B $599.96M $25.97B
Gross profit $971.13M $467.14M $23.18B
Operating income -$1.45B -$69.09M $9.27B
Net income -$1.41B -$44.07M $7.28B
Free cash flow – $169.70M $10.59B
R&D $1.13B $210.17M $4.69B
EPS (diluted) $-2.72 $-0.36 $18.42
Cash & equivalents $445.85M $96.69M $4.36B
Total debt – – $1.60B
Shares (diluted) 527.46M 121.82M 395.50M
Enterprise value $5.92B $9.22B $77.45B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFIGFROGADBE
P/E -9.1x -278.1x 14.3x
P/FCF – 73.0x 9.7x
P/Operating cash flow – 70.2x 9.5x
P/S 10.9x 20.6x 4.0x
P/B 8.8x 12.9x 8.8x
P/Tangible book 8.9x 13.3x 9.5x
EV/EBITDA -8.0x -247.2x 9.9x
EV/EBIT -7.9x -167.3x 10.7x
EV/Revenue 9.5x 19.3x 3.8x
EV/FCF – 68.1x 9.4x
EV/Operating cash flow – 65.6x 9.2x
PEG (3Y EPS CAGR) – -11.81 0.78

Growth

14 metrics
MetricFIGFROGADBE
Revenue growth (1Y) 42.2% 26.4% 12.0%
Revenue CAGR (3Y) – 24.3% 11.2%
Gross profit growth (1Y) 31.3% 30.3% 12.2%
Gross profit CAGR (3Y) – 24.4% 11.8%
Operating income growth (1Y) -63.0% 33.7% 10.3%
Operating income CAGR (3Y) – 8.6% 13.1%
Net income growth (1Y) -96.2% 48.9% 4.7%
Net income CAGR (3Y) – 19.0% 12.5%
EPS growth (1Y) 15.4% 51.7% 12.3%
EPS CAGR (3Y) – 23.5% 18.2%
Operating cash flow growth (1Y) – 24.4% 10.4%
Operating cash flow CAGR (3Y) – 84.6% 10.4%
Free cash flow growth (1Y) – 22.3% 10.3%
Free cash flow CAGR (3Y) – 89.2% 11.6%

Profitability

14 metrics
MetricFIGFROGADBE
Gross margin 81.1% 77.9% 89.3%
EBITDA margin -119.1% -7.8% 38.6%
Operating margin -120.9% -11.5% 35.7%
Pretax margin -115.4% -6.8% 35.7%
Net margin -119.8% -7.3% 28.0%
FCF margin – 28.3% 40.8%
Operating cash flow margin – 29.4% 41.6%
Return on equity -94.2% -4.7% 62.6%
Return on assets -59.9% -3.1% 24.3%
Return on invested capital – – 54.5%
Return on capital employed -93.8% -7.2% 51.3%
Asset turnover 0.5x 0.4x 0.9x
Cash conversion (OCF / net income) – -4.0x 1.5x
Stock comp / revenue – 26.8% 8.0%

Financial Health

11 metrics
MetricFIGFROGADBE
Debt / assets – – 5.3%
Debt / equity – – 0.1x
Net debt / EBITDA – – -0.4x
Debt / FCF – – 0.2x
Liabilities / assets 37.1% 35.5% 60.8%
Equity / assets 62.9% 64.5% 39.2%
Interest coverage – – 35.7x
Current ratio 2.5x 2.1x 0.8x
Quick ratio 2.3x 2.0x 0.7x
Cash ratio 2.1x 1.7x 0.5x
Altman Z-score 7.05 14.32 7.54

Shareholder Returns

7 metrics
MetricFIGFROGADBE
Dividend yield – – –
Net buyback yield – -0.2% 8.8%
Shareholder yield 0.0% -0.2% 8.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFIGFROGADBE
Forward P/E 88.0xFY2026 107.0xFY2026 10.5xFY2026
EPS, next fiscal year $0.28FY2026 $0.94FY2026 $25.10FY2026
EPS growth, next FY -37.8%FY2026 +14.6%FY2026 +19.9%FY2026
EPS growth, the year after +21.4% +16.0% +5.7%
Revenue, next fiscal year $1.43BFY2026 $669.80MFY2026 $24.94BFY2026
Revenue growth, next FY +35.0%FY2026 +25.9%FY2026 +4.9%FY2026
Revenue growth, the year after +34.9% +10.1% +21.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFIGFROGADBE
Held by institutions 81.2% 92.7% 82.5%
Institutions holding 373 409 1,982
Change in shares held, QoQ +12.2% +11.1% +3.7%
Institutions buying 257 252 838
Institutions selling 64 116 928
Buyers to sellers 4.02 2.17 0.90

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FIGFROGADBE
FIG 1.00 0.34 0.61
FROG 0.34 1.00 0.30
ADBE 0.61 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FIG, FROG and ADBE?

Adobe (ADBE) is the largest by market capitalisation: Figma (FIG) $12.41B, JFrog (FROG) $12.14B, Adobe (ADBE) $102.20B.

Which company is growing faster?

Figma (FIG) grew revenue fastest over the trailing twelve months: Figma (FIG) +42.2%, JFrog (FROG) +26.4%, Adobe (ADBE) +12.0%.

Which company is more profitable?

Adobe (ADBE) has the highest net margin (Figma (FIG) -119.8%, JFrog (FROG) -7.3%, Adobe (ADBE) 28.0%).

Which stock has performed better?

Over the past year JFrog (FROG) returned the most: Figma (FIG) -53.8%, JFrog (FROG) +108.3%, Adobe (ADBE) -25.5%. Over five years, JFrog (FROG) compounded fastest (JFrog (FROG) +23.4%/yr, Adobe (ADBE) -16.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Adobe (ADBE) has been the steadiest (Figma (FIG) 74.6%, JFrog (FROG) 75.1%, Adobe (ADBE) 42.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FIG, FROG and ADBE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Adobe (ADBE) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.