Total Asset Turnover
since 2005
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- Income Statement
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Net Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Price to Earnings (P/E) since 2005
- Analysis of Revenues
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Calculation
Adobe Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Nov 29, 2024 | = | ÷ | |||
| Dec 1, 2023 | = | ÷ | |||
| Dec 2, 2022 | = | ÷ | |||
| Dec 3, 2021 | = | ÷ | |||
| Nov 27, 2020 | = | ÷ | |||
| Nov 29, 2019 | = | ÷ | |||
| Nov 30, 2018 | = | ÷ | |||
| Dec 1, 2017 | = | ÷ | |||
| Dec 2, 2016 | = | ÷ | |||
| Nov 27, 2015 | = | ÷ | |||
| Nov 28, 2014 | = | ÷ | |||
| Nov 29, 2013 | = | ÷ | |||
| Nov 30, 2012 | = | ÷ | |||
| Dec 2, 2011 | = | ÷ | |||
| Dec 3, 2010 | = | ÷ | |||
| Nov 27, 2009 | = | ÷ | |||
| Nov 28, 2008 | = | ÷ | |||
| Nov 30, 2007 | = | ÷ | |||
| Dec 1, 2006 | = | ÷ | |||
| Dec 2, 2005 | = | ÷ |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
1 US$ in millions
- Revenue Growth
- The company's revenue exhibits a consistent upward trend over the analyzed period. Starting at $1,966 million in 2005, revenue increased steadily with occasional acceleration, reaching $21,505 million by 2024. The growth is particularly pronounced from 2013 onward, with revenue more than quintupling in this interval, indicating strong business expansion and market demand.
- Total Assets Evolution
- Total assets also show a general upward trajectory, increasing from $2,440 million in 2005 to $30,230 million in 2024. The asset base grows steadily each year with pronounced increases in the latter years, which may reflect investments in long-term assets or acquisitions supporting business growth. The asset expansion corresponds with the revenue growth, indicating scaling of operations and resource accumulation.
- Total Asset Turnover Trends
- The total asset turnover ratio, which measures efficiency in generating revenue from assets, reveals variable trends. The ratio dropped sharply from 0.81 in 2005 to 0.40 in 2009, reflecting a period where asset growth outpaced revenue gains. Following this low point, the ratio fluctuated in the 0.38 to 0.54 range until around 2017. From 2018 onward, a notable improvement is observed, rising from 0.50 to 0.71 by 2024. This signals enhanced asset utilization and operational efficiency in recent years, implying that the company is generating more revenue per unit of asset employed.
- Overall Insights
- The data describes a company experiencing sustained revenue growth alongside increasing asset base, with a period of initial decline and subsequent recovery in asset efficiency. The improvements in total asset turnover since 2018 suggest better management or strategic deployment of assets, contributing to stronger financial performance. The combination of expanding revenues and improved asset use indicates a positive business trajectory with effective scaling and operational optimization.
Comparison to Competitors
Adobe Inc., total asset turnover, long-term trends, comparison to competitors
| Adobe Inc. | Accenture PLC | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 29, 2024 | |||||||||||||||
| Dec 1, 2023 | |||||||||||||||
| Dec 2, 2022 | |||||||||||||||
| Dec 3, 2021 | |||||||||||||||
| Nov 27, 2020 | |||||||||||||||
| Nov 29, 2019 | |||||||||||||||
| Nov 30, 2018 | |||||||||||||||
| Dec 1, 2017 | |||||||||||||||
| Dec 2, 2016 | |||||||||||||||
| Nov 27, 2015 | |||||||||||||||
| Nov 28, 2014 | |||||||||||||||
| Nov 29, 2013 | |||||||||||||||
| Nov 30, 2012 | |||||||||||||||
| Dec 2, 2011 | |||||||||||||||
| Dec 3, 2010 | |||||||||||||||
| Nov 27, 2009 | |||||||||||||||
| Nov 28, 2008 | |||||||||||||||
| Nov 30, 2007 | |||||||||||||||
| Dec 1, 2006 | |||||||||||||||
| Dec 2, 2005 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Sector (Software & Services)
Adobe Inc., total asset turnover, long-term trends, comparison to sector (software & services)
| Adobe Inc. | Software & Services | |
|---|---|---|
| Nov 29, 2024 | ||
| Dec 1, 2023 | ||
| Dec 2, 2022 | ||
| Dec 3, 2021 | ||
| Nov 27, 2020 | ||
| Nov 29, 2019 | ||
| Nov 30, 2018 | ||
| Dec 1, 2017 | ||
| Dec 2, 2016 | ||
| Nov 27, 2015 | ||
| Nov 28, 2014 | ||
| Nov 29, 2013 | ||
| Nov 30, 2012 | ||
| Dec 2, 2011 | ||
| Dec 3, 2010 | ||
| Nov 27, 2009 | ||
| Nov 28, 2008 | ||
| Nov 30, 2007 | ||
| Dec 1, 2006 | ||
| Dec 2, 2005 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Industry (Information Technology)
Adobe Inc., total asset turnover, long-term trends, comparison to industry (information technology)
| Adobe Inc. | Information Technology | |
|---|---|---|
| Nov 29, 2024 | ||
| Dec 1, 2023 | ||
| Dec 2, 2022 | ||
| Dec 3, 2021 | ||
| Nov 27, 2020 | ||
| Nov 29, 2019 | ||
| Nov 30, 2018 | ||
| Dec 1, 2017 | ||
| Dec 2, 2016 | ||
| Nov 27, 2015 | ||
| Nov 28, 2014 | ||
| Nov 29, 2013 | ||
| Nov 30, 2012 | ||
| Dec 2, 2011 | ||
| Dec 3, 2010 | ||
| Nov 27, 2009 | ||
| Nov 28, 2008 | ||
| Nov 30, 2007 | ||
| Dec 1, 2006 | ||
| Dec 2, 2005 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).