Adobe Systems Incorporated (ADBE) — Cash Flow Reinvestment Rate
Adobe Systems Incorporated (ADBE) has a Cash Flow Reinvestment Rate of 0.18x as of February 2026, reinvesting $547.00 Million (capex $37.00 Million plus investments $510.00 Million) from operating cash flow of $2.96 Billion. Explore capital reinvestment ratio of Adobe Systems Incorporated to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore balance sheet size of Adobe Systems Incorporated for the complete picture of this company's asset base.
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 | — |