Adobe annual debt-to-equity ratio
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2025
Adobe Debt-to-Equity Ratio Growth & History (ADBE)
Adobe's debt-to-equity ratio was 0.57 for fiscal 2025.
View full Adobe company overviewAdobe annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-28 | 0.57 | 0.25 | +77.04% |
| 2024 | 2024-11-29 | 0.32 | 0.08 | +30.80% |
| 2023 | 2023-12-01 | 0.25 | −0.05 | −16.03% |
| 2022 | 2022-12-02 | 0.29 | −0.02 | −6.86% |
| 2021 | 2021-12-03 | 0.32 | −0.04 | −11.03% |
| 2020 | 2020-11-27 | 0.35 | −0.04 | −9.68% |
| 2019 | 2019-11-29 | 0.39 | −0.05 | −10.80% |
| 2018 | 2018-11-30 | 0.44 | 0.22 | +98.09% |
| 2017 | 2017-12-01 | 0.22 | −0.03 | −12.73% |
| 2016 | 2016-12-02 | 0.25 | −0.02 | −6.44% |
| 2015 | 2015-11-27 | 0.27 | 0.05 | +21.89% |
| 2014 | 2014-11-28 | 0.22 | −0.00 | −0.73% |
| 2013 | 2013-11-29 | 0.23 | −0.00 | −0.50% |
| 2012 | 2012-11-30 | 0.23 | −0.04 | −13.59% |
| 2011 | 2011-12-02 | 0.26 | −0.03 | −10.70% |
| 2010 | 2010-12-03 | 0.29 | 0.09 | +43.40% |
| 2009 | 2009-11-27 | 0.20 | 0.13 | +157.66% |
| 2008 | 2008-11-28 | 0.08 | — | — |
Adobe quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-29 | 0.45 | −0.12 | −20.92% |
| Q1 2026 | 2026-02-27 | 0.51 | 0.01 | +1.34% |
| Q4 2025 | 2025-11-28 | 0.57 | 0.25 | +77.04% |
| Q3 2025 | 2025-08-29 | 0.56 | 0.25 | +79.09% |
| Q2 2025 | 2025-05-30 | 0.57 | 0.26 | +85.31% |
| Q1 2025 | 2025-02-28 | 0.50 | 0.33 | +199.28% |
| Q4 2024 | 2024-11-29 | 0.32 | 0.08 | +30.80% |
| Q3 2024 | 2024-08-30 | 0.31 | 0.06 | +21.25% |
| Q2 2024 | 2024-05-31 | 0.31 | 0.03 | +11.61% |
| Q1 2024 | 2024-03-01 | 0.17 | −0.12 | −42.34% |
| Q4 2023 | 2023-12-01 | 0.25 | −0.05 | −16.03% |
| Q3 2023 | 2023-09-01 | 0.26 | −0.03 | −9.88% |
| Q2 2023 | 2023-06-02 | 0.28 | −0.02 | −6.79% |
| Q1 2023 | 2023-03-03 | 0.29 | −0.01 | −3.96% |
| Q4 2022 | 2022-12-02 | 0.29 | −0.02 | −6.86% |
| Q3 2022 | 2022-09-02 | 0.29 | −0.04 | −11.36% |
| Q2 2022 | 2022-06-03 | 0.30 | −0.04 | −12.22% |
| Q1 2022 | 2022-03-04 | 0.30 | −0.05 | −12.96% |
| Q4 2021 | 2021-12-03 | 0.32 | −0.04 | −11.03% |
| Q3 2021 | 2021-09-03 | 0.33 | −0.08 | −19.44% |
| Q2 2021 | 2021-06-04 | 0.34 | −0.09 | −21.52% |
| Q1 2021 | 2021-03-05 | 0.35 | −0.10 | −22.81% |
| Q4 2020 | 2020-11-27 | 0.35 | −0.04 | −9.68% |
| Q3 2020 | 2020-08-28 | 0.40 | 0.31 | +318.13% |
| Q2 2020 | 2020-05-29 | 0.43 | 0.33 | +333.97% |
| Q1 2020 | 2020-02-28 | 0.45 | 0.12 | +37.28% |
| Q4 2019 | 2019-11-29 | 0.39 | −0.05 | −10.80% |
| Q3 2019 | 2019-08-30 | 0.10 | −0.12 | −54.38% |
| Q2 2019 | 2019-05-31 | 0.10 | −0.12 | −53.79% |
| Q1 2019 | 2019-03-01 | 0.33 | 0.11 | +51.01% |
| Q4 2018 | 2018-11-30 | 0.44 | 0.22 | +98.09% |
| Q3 2018 | 2018-08-31 | 0.21 | −0.02 | −8.51% |
| Q2 2018 | 2018-06-01 | 0.22 | −0.03 | −11.04% |
| Q1 2018 | 2018-03-02 | 0.22 | −0.03 | −12.54% |
| Q4 2017 | 2017-12-01 | 0.22 | −0.03 | −12.73% |
| Q3 2017 | 2017-09-01 | 0.23 | −0.03 | −12.20% |
| Q2 2017 | 2017-06-02 | 0.24 | −0.02 | −8.57% |
| Q1 2017 | 2017-03-03 | 0.25 | −0.02 | −8.28% |
| Q4 2016 | 2016-12-02 | 0.25 | −0.02 | −6.44% |
| Q3 2016 | 2016-09-02 | 0.26 | −0.01 | −5.18% |
| Q2 2016 | 2016-06-03 | 0.26 | −0.02 | −8.14% |
| Q1 2016 | 2016-03-04 | 0.27 | −0.02 | −6.21% |
| Q4 2015 | 2015-11-27 | 0.27 | 0.05 | +21.89% |
| Q3 2015 | 2015-08-28 | 0.28 | 0.14 | +107.29% |
| Q2 2015 | 2015-05-29 | 0.29 | 0.15 | +113.27% |
| Q1 2015 | 2015-02-27 | 0.29 | 0.15 | +112.84% |
| Q4 2014 | 2014-11-28 | 0.22 | −0.00 | −0.73% |
| Q3 2014 | 2014-08-29 | 0.13 | −0.09 | −39.05% |
| Q2 2014 | 2014-05-30 | 0.14 | −0.08 | −37.84% |
| Q1 2014 | 2014-02-28 | 0.14 | −0.09 | −38.85% |
| Q4 2013 | 2013-11-29 | 0.23 | −0.00 | −0.50% |
| Q3 2013 | 2013-08-30 | 0.22 | −0.01 | −5.64% |
| Q2 2013 | 2013-05-31 | 0.22 | −0.03 | −11.66% |
| Q1 2013 | 2013-03-01 | 0.22 | −0.03 | −11.68% |
| Q4 2012 | 2012-11-30 | 0.23 | −0.04 | −13.59% |
| Q3 2012 | 2012-08-31 | 0.23 | −0.04 | −14.53% |
| Q2 2012 | 2012-06-01 | 0.25 | −0.04 | −12.68% |
| Q1 2012 | 2012-03-02 | 0.25 | −0.03 | −10.42% |
| Q4 2011 | 2011-12-02 | 0.26 | −0.03 | −10.70% |
| Q3 2011 | 2011-09-02 | 0.27 | −0.03 | −9.09% |
| Q2 2011 | 2011-06-03 | 0.28 | −0.01 | −2.31% |
| Q1 2011 | 2011-03-04 | 0.28 | −0.01 | −2.96% |
| Q4 2010 | 2010-12-03 | 0.29 | 0.09 | +43.40% |
| Q3 2010 | 2010-09-03 | 0.30 | 0.23 | +302.12% |
| Q2 2010 | 2010-06-04 | 0.29 | 0.22 | +295.63% |
| Q1 2010 | 2010-03-05 | 0.29 | — | — |
| Q4 2009 | 2009-11-27 | 0.20 | 0.13 | +157.66% |
| Q3 2009 | 2009-08-28 | 0.07 | — | — |
| Q2 2009 | 2009-05-29 | 0.07 | — | — |
| Q4 2008 | 2008-11-28 | 0.08 | — | — |
Adobe debt-to-equity ratio trends
Over the last five fiscal years, Adobe's debt-to-equity ratio increased from 0.35 to 0.57, a change of 0.22. The latest reported quarter, Q2 2026, shows 0.45.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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