Adobe Systems Incorporated (ADBE) — Financial Flexibility Index

Latest as of February 2026: 0.16x

Adobe Systems Incorporated (ADBE) has a Financial Flexibility Index of 0.16x as of February 2026. Free cash flow of $3.00 Billion (operating CF $2.96 Billion minus capex $37.00 Million) represents 0% of total liabilities ($18.27 Billion). Also explore Adobe Systems Incorporated (ADBE) net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.16x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.00 Billion
Operating CF − Capex

Total Liabilities

$18.27 Billion
USD

Capital Expenditures

$37.00 Million
USD

Adobe Systems Incorporated Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Adobe Systems Incorporated across 37 annual periods. Check Adobe Systems Incorporated strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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 Adobe Systems Incorporated market cap and net worth.

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