Adobe Systems Incorporated (ADBE) — Financial Flexibility Index
Adobe Systems Incorporated (ADBE) has a Financial Flexibility Index of 0.14x as of May 2026. Free cash flow of $2.57 Billion (operating CF $2.51 Billion minus capex $58.00 Million) represents 0% of total liabilities ($18.41 Billion). Check Adobe Systems Incorporated total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Adobe Systems Incorporated Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Adobe Systems Incorporated across 37 annual periods. For the full cash flow conversion analysis, see Adobe Systems Incorporated cash conversion from operations.
Annual Financial Flexibility Index for Adobe Systems Incorporated (1989–2025)
Year-by-year free cash flow to debt coverage for Adobe Systems Incorporated. Explore ADBE operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.57x | $10.21 Billion | $10.03 Billion | $17.87 Billion | ▲ +11.1% |
| 2024 | 0.51x | $8.29 Billion | $8.06 Billion | $16.12 Billion | ▼ -11.0% |
| 2023 | 0.58x | $7.66 Billion | $7.30 Billion | $13.26 Billion | ▼ -8.5% |
| 2022 | 0.63x | $8.28 Billion | $7.84 Billion | $13.11 Billion | ▲ +3.9% |
| 2021 | 0.61x | $7.56 Billion | $7.23 Billion | $12.44 Billion | ▲ +8.9% |
| 2020 | 0.56x | $6.15 Billion | $5.73 Billion | $11.02 Billion | ▲ +20.0% |
| 2019 | 0.46x | $4.76 Billion | $4.42 Billion | $10.23 Billion | ▲ +1.8% |
| 2018 | 0.46x | $4.30 Billion | $4.03 Billion | $9.41 Billion | ▼ -10.2% |
| 2017 | 0.51x | $3.09 Billion | $2.91 Billion | $6.08 Billion | ▲ +11.8% |
| 2016 | 0.46x | $2.40 Billion | $2.20 Billion | $5.28 Billion | ▲ +29.9% |
| 2015 | 0.35x | $1.65 Billion | $1.47 Billion | $4.72 Billion | ▼ -2.2% |
| 2014 | 0.36x | $1.44 Billion | $1.29 Billion | $4.01 Billion | ▼ -2.3% |
| 2013 | 0.37x | $1.34 Billion | $1.15 Billion | $3.66 Billion | ▼ -30.1% |
| 2012 | 0.52x | $1.77 Billion | $1.50 Billion | $3.38 Billion | ▼ -4.0% |
| 2011 | 0.55x | $1.75 Billion | $1.54 Billion | $3.21 Billion | ▲ +25.7% |
| 2010 | 0.43x | $1.28 Billion | $1.11 Billion | $2.95 Billion | ▼ -15.9% |
| 2009 | 0.52x | $1.24 Billion | $1.12 Billion | $2.39 Billion | ▼ -47.6% |
| 2008 | 0.99x | $1.39 Billion | $1.28 Billion | $1.41 Billion | ▼ -33.2% |
| 2007 | 1.48x | $1.57 Billion | $1.44 Billion | $1.06 Billion | ▲ +18.5% |
| 2006 | 1.25x | $1.01 Billion | $927.24 Million | $810.67 Million | ▼ -7.9% |
| 2005 | 1.35x | $779.23 Million | $730.35 Million | $575.99 Million | ▼ -3.1% |
| 2004 | 1.40x | $746.97 Million | $683.74 Million | $535.15 Million | ▲ +34.2% |
| 2003 | 1.04x | $472.59 Million | $433.14 Million | $454.25 Million | ▲ +8.8% |
| 2002 | 0.96x | $360.91 Million | $329.33 Million | $377.29 Million | ▼ -35.5% |
| 2001 | 1.48x | $465.26 Million | $418.70 Million | $313.65 Million | ▼ -0.9% |
| 2000 | 1.50x | $474.46 Million | $444.63 Million | $316.87 Million | ▲ +16.0% |
| 1999 | 1.29x | $376.40 Million | $334.20 Million | $291.65 Million | ▲ +23.1% |
| 1998 | 1.05x | $263.21 Million | $203.47 Million | $250.97 Million | ▼ -2.9% |
| 1997 | 1.08x | $242.53 Million | $208.65 Million | $224.65 Million | ▲ +30.5% |
| 1996 | 0.83x | $243.98 Million | $198.11 Million | $294.88 Million | ▼ -27.0% |
| 1995 | 1.13x | $211.07 Million | $177.00 Million | $186.31 Million | ▲ +29.6% |
| 1994 | 0.87x | $171.00 Million | $142.50 Million | $195.69 Million | ▼ -42.3% |
| 1993 | 1.51x | $122.10 Million | $107.70 Million | $80.60 Million | ▼ -6.9% |
| 1992 | 1.63x | $92.30 Million | $80.40 Million | $56.70 Million | ▼ -31.5% |
| 1991 | 2.38x | $91.30 Million | $79.10 Million | $38.40 Million | ▲ +59.5% |
| 1990 | 1.49x | $56.50 Million | $49.10 Million | $37.90 Million | ▲ +7.4% |
| 1989 | 1.39x | $49.00 Million | $43.80 Million | $35.30 Million | — |