Adobe (ADBE) Return on Invested Capital [ROIC] (2009 - 2026)
Adobe (ADBE) posted Return on Invested Capital [ROIC] of 54.46% for fiscal Q3 2026 (quarter ended Aug 28, 2026), down 5.05 percentage points from 59.51% a year earlier and down 1.79 percentage points from the prior quarter.
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Analysis
Adobe (ADBE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 28, 2025), Adobe's Return on Invested Capital [ROIC] came in at 52.21%, up 18.54 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +25.77 percentage points (FY2020 to FY2025).
- In prior fiscal years, Adobe's Return on Invested Capital [ROIC] was 33.67% in FY2024 (-0.51 pp), 34.18% in FY2023 (+5.33 pp), 28.84% in FY2022 (+1.83 pp) and 27.02% in FY2021 (+0.58 pp).
- The fiscal Q3 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in seven of the last eight quarters, with an average year-over-year change of +13.70 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q3 2025, with a gain of 27.50 percentage points; the weakest was fiscal Q1 2024, with a drop of 5.41 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 56.25% (Q2 2026), 60.22% (Q1 2026) and 60.76% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.52 Bn | 69.77 Bn | 6.00 Bn | 44.30% |
| 2 | Autodesk | 54.99 Bn | 43.02 Bn | 1.87 Bn | 26.45% |
| 3 | Atlassian | 39.98 Bn | 33.26 Bn | 1.53 Bn | 0.00% |
| 4 | Twilio | 30.87 Bn | 20.51 Bn | 760.53 Mn | 3.95% |
| 5 | Zoom Communications | 26.33 Bn | -4.40 Bn | 985.50 Mn | - |
| 6 | Figma | 10.00 Bn | 3.32 Bn | 314.44 Mn | - |
| 7 | Dropbox | 7.80 Bn | 3.43 Bn | 506.50 Mn | 104.56% |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 8.12% |
| 9 | RingCentral | 6.04 Bn | 5.57 Bn | 494.30 Mn | 26.07% |
| 10 | Nice | 5.99 Bn | 4.56 Bn | 1.49 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 44.30% |
| May 29, 2026 | 43.54% |
| Feb 27, 2026 | 41.55% |
| Nov 28, 2025 | 39.70% |
| Aug 29, 2025 | 38.83% |
| May 30, 2025 | 36.84% |
| Feb 28, 2025 | 35.37% |
| Nov 29, 2024 | 29.30% |
| Aug 30, 2024 | 27.55% |
| May 31, 2024 | 26.84% |
| Mar 1, 2024 | 24.62% |
| Dec 1, 2023 | 26.84% |
| Sep 1, 2023 | 26.64% |
| Jun 2, 2023 | 26.65% |
| Mar 3, 2023 | 26.86% |
| Dec 2, 2022 | 27.06% |
| Sep 2, 2022 | 27.64% |
| Jun 3, 2022 | 28.54% |
| Mar 4, 2022 | 27.10% |
| Dec 3, 2021 | 26.19% |
API Access
Adobe Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ADBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ADBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();