Adobe Systems Incorporated (ADBE) — Cash Flow Reinvestment Rate
Adobe Systems Incorporated (ADBE) has a Cash Flow Reinvestment Rate of 0.06x as of May 2026, reinvesting $156.00 Million (capex $58.00 Million plus investments $-98.00 Million) from operating cash flow of $2.51 Billion. Check ADBE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Adobe Systems Incorporated Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Adobe Systems Incorporated across 37 annual periods. Explore Adobe Systems Incorporated strategic investment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Adobe Systems Incorporated (1989–2025)
Year-by-year capital reinvestment analysis for Adobe Systems Incorporated. For live market cap and broader valuation context, see ADBE stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.12x | $1.17 Billion | $10.03 Billion | $179.00 Million | ▲ +147.3% |
| 2024 | 0.05x | $381.00 Million | $8.06 Billion | $232.00 Million | ▼ -69.6% |
| 2023 | 0.16x | $1.14 Billion | $7.30 Billion | $360.00 Million | ▲ +20.5% |
| 2022 | 0.13x | $1.01 Billion | $7.84 Billion | $442.00 Million | ▼ -75.7% |
| 2021 | 0.53x | $3.85 Billion | $7.23 Billion | $330.00 Million | ▲ +619.1% |
| 2020 | 0.07x | $424.00 Million | $5.73 Billion | $419.00 Million | ▼ -12.4% |
| 2019 | 0.08x | $373.58 Million | $4.42 Billion | $333.98 Million | ▼ -84.3% |
| 2018 | 0.54x | $2.16 Billion | $4.03 Billion | $266.58 Million | ▲ +319.1% |
| 2017 | 0.13x | $372.99 Million | $2.91 Billion | $178.12 Million | ▼ -69.1% |
| 2016 | 0.41x | $911.61 Million | $2.20 Billion | $203.81 Million | ▼ -15.4% |
| 2015 | 0.49x | $720.13 Million | $1.47 Billion | $184.94 Million | ▲ +36.9% |
| 2014 | 0.36x | $460.90 Million | $1.29 Billion | $148.33 Million | ▼ -17.1% |
| 2013 | 0.43x | $497.47 Million | $1.15 Billion | $188.36 Million | ▲ +34.5% |
| 2012 | 0.32x | $481.47 Million | $1.50 Billion | $271.08 Million | ▼ -0.5% |
| 2011 | 0.32x | $498.21 Million | $1.54 Billion | $210.29 Million | ▼ -77.8% |
| 2010 | 1.45x | $1.62 Billion | $1.11 Billion | $169.64 Million | ▲ +360.9% |
| 2009 | 0.31x | $352.09 Million | $1.12 Billion | $119.59 Million | ▲ +260.8% |
| 2008 | 0.09x | $111.79 Million | $1.28 Billion | $111.79 Million | ▼ -4.9% |
| 2007 | 0.09x | $132.07 Million | $1.44 Billion | $132.07 Million | ▲ +2.2% |
| 2006 | 0.09x | $83.25 Million | $927.24 Million | $83.25 Million | ▲ +34.2% |
| 2005 | 0.07x | $48.88 Million | $730.35 Million | $48.88 Million | ▼ -27.6% |
| 2004 | 0.09x | $63.23 Million | $683.74 Million | $63.23 Million | ▲ +1.5% |
| 2003 | 0.09x | $39.45 Million | $433.14 Million | $39.45 Million | ▼ -5.0% |
| 2002 | 0.10x | $31.58 Million | $329.33 Million | $31.58 Million | ▼ -13.8% |
| 2001 | 0.11x | $46.56 Million | $418.70 Million | $46.56 Million | ▲ +65.7% |
| 2000 | 0.07x | $29.84 Million | $444.63 Million | $29.84 Million | ▼ -46.9% |
| 1999 | 0.13x | $42.21 Million | $334.20 Million | $42.21 Million | ▼ -57.0% |
| 1998 | 0.29x | $59.74 Million | $203.47 Million | $59.74 Million | ▲ +80.8% |
| 1997 | 0.16x | $33.88 Million | $208.65 Million | $33.88 Million | ▼ -29.9% |
| 1996 | 0.23x | $45.87 Million | $198.11 Million | $45.87 Million | ▲ +20.3% |
| 1995 | 0.19x | $34.07 Million | $177.00 Million | $34.07 Million | ▼ -3.8% |
| 1994 | 0.20x | $28.50 Million | $142.50 Million | $28.50 Million | ▲ +49.6% |
| 1993 | 0.13x | $14.40 Million | $107.70 Million | $14.40 Million | ▼ -9.7% |
| 1992 | 0.15x | $11.90 Million | $80.40 Million | $11.90 Million | ▼ -4.0% |
| 1991 | 0.15x | $12.20 Million | $79.10 Million | $12.20 Million | ▲ +2.3% |
| 1990 | 0.15x | $7.40 Million | $49.10 Million | $7.40 Million | ▲ +26.9% |
| 1989 | 0.12x | $5.20 Million | $43.80 Million | $5.20 Million | — |