Adobe Systems Incorporated (ADBE) — Capital Reinvestment Ratio
Adobe Systems Incorporated (ADBE) has a Capital Reinvestment Ratio of 0.02x as of May 2026, meaning it reinvests 0% of its operating cash flow ($2.51 Billion) in capital expenditures ($58.00 Million). Check Adobe Systems Incorporated tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Adobe Systems Incorporated Capital Reinvestment Ratio (1989–2025)
This chart tracks Adobe Systems Incorporated's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Adobe Systems Incorporated.
Annual Capital Reinvestment Ratio for Adobe Systems Incorporated (1989–2025)
Year-by-year Capital Reinvestment Ratio for Adobe Systems Incorporated from 1989 to 2025. See ADBE free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | $10.03 Billion | $179.00 Million | ▼ -38.0% |
| 2024 | 0.03x | $8.06 Billion | $232.00 Million | ▼ -41.6% |
| 2023 | 0.05x | $7.30 Billion | $360.00 Million | ▼ -12.6% |
| 2022 | 0.06x | $7.84 Billion | $442.00 Million | ▲ +23.5% |
| 2021 | 0.05x | $7.23 Billion | $330.00 Million | ▼ -37.6% |
| 2020 | 0.07x | $5.73 Billion | $419.00 Million | ▼ -3.1% |
| 2019 | 0.08x | $4.42 Billion | $333.98 Million | ▲ +14.2% |
| 2018 | 0.07x | $4.03 Billion | $266.58 Million | ▲ +8.2% |
| 2017 | 0.06x | $2.91 Billion | $178.12 Million | ▼ -34.0% |
| 2016 | 0.09x | $2.20 Billion | $203.81 Million | ▼ -26.4% |
| 2015 | 0.13x | $1.47 Billion | $184.94 Million | ▲ +9.2% |
| 2014 | 0.12x | $1.29 Billion | $148.33 Million | ▼ -29.6% |
| 2013 | 0.16x | $1.15 Billion | $188.36 Million | ▼ -9.5% |
| 2012 | 0.18x | $1.50 Billion | $271.08 Million | ▲ +32.7% |
| 2011 | 0.14x | $1.54 Billion | $210.29 Million | ▼ -10.6% |
| 2010 | 0.15x | $1.11 Billion | $169.64 Million | ▲ +42.5% |
| 2009 | 0.11x | $1.12 Billion | $119.59 Million | ▲ +22.6% |
| 2008 | 0.09x | $1.28 Billion | $111.79 Million | ▼ -4.9% |
| 2007 | 0.09x | $1.44 Billion | $132.07 Million | ▲ +2.2% |
| 2006 | 0.09x | $927.24 Million | $83.25 Million | ▲ +34.2% |
| 2005 | 0.07x | $730.35 Million | $48.88 Million | ▼ -27.6% |
| 2004 | 0.09x | $683.74 Million | $63.23 Million | ▲ +1.5% |
| 2003 | 0.09x | $433.14 Million | $39.45 Million | ▼ -5.0% |
| 2002 | 0.10x | $329.33 Million | $31.58 Million | ▼ -13.8% |
| 2001 | 0.11x | $418.70 Million | $46.56 Million | ▲ +65.7% |
| 2000 | 0.07x | $444.63 Million | $29.84 Million | ▼ -46.9% |
| 1999 | 0.13x | $334.20 Million | $42.21 Million | ▼ -57.0% |
| 1998 | 0.29x | $203.47 Million | $59.74 Million | ▲ +80.8% |
| 1997 | 0.16x | $208.65 Million | $33.88 Million | ▼ -29.9% |
| 1996 | 0.23x | $198.11 Million | $45.87 Million | ▲ +20.3% |
| 1995 | 0.19x | $177.00 Million | $34.07 Million | ▼ -3.8% |
| 1994 | 0.20x | $142.50 Million | $28.50 Million | ▲ +49.6% |
| 1993 | 0.13x | $107.70 Million | $14.40 Million | ▼ -9.7% |
| 1992 | 0.15x | $80.40 Million | $11.90 Million | ▼ -4.0% |
| 1991 | 0.15x | $79.10 Million | $12.20 Million | ▲ +2.3% |
| 1990 | 0.15x | $49.10 Million | $7.40 Million | ▲ +26.9% |
| 1989 | 0.12x | $43.80 Million | $5.20 Million | — |