Adobe Systems Incorporated (ADBE) — Financial Flexibility Index

Latest as of May 2026: 0.14x

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 (ADBE) strategic investment index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.57 Billion
Operating CF − Capex

Total Liabilities

$18.41 Billion
USD

Capital Expenditures

$58.00 Million
USD

Adobe Systems Incorporated Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Adobe Systems Incorporated across 37 annual periods. See ADBE working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Adobe Systems Incorporated (1989–2025)

Year-by-year free cash flow to debt coverage for Adobe Systems Incorporated. For the full company profile including market capitalisation, see ADBE market cap overview.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities