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. See ADBE free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Adobe Systems Incorporated.
Annual Cash Flow Reinvestment Rate for Adobe Systems Incorporated (1989–2025)
Year-by-year capital reinvestment analysis for Adobe Systems Incorporated. See financial agility of Adobe Systems Incorporated to measure the company's free cash flow as a share of total liabilities.
| 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 | — |