Adobe Systems Incorporated (ADBE) — Free Cash Flow Generation Index
Adobe Systems Incorporated (ADBE) has a Free Cash Flow Generation Index of 0.99x as of February 2026. Free cash flow of $2.92 Billion represents 1% of operating cash flow ($2.96 Billion). See working capital position of Adobe Systems Incorporated to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Adobe Systems Incorporated Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Adobe Systems Incorporated across 37 annual periods. Explore Adobe Systems Incorporated debt service capacity to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Adobe Systems Incorporated (1989–2025)
Year-by-year Free Cash Flow Generation Index for Adobe Systems Incorporated. For the full company profile including market capitalisation, see Adobe Systems Incorporated market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | $9.85 Billion | $10.03 Billion | $179.00 Million | ▲ +1.1% |
| 2024 | 0.97x | $7.82 Billion | $8.06 Billion | $232.00 Million | ▲ +2.2% |
| 2023 | 0.95x | $6.94 Billion | $7.30 Billion | $360.00 Million | ▲ +0.8% |
| 2022 | 0.94x | $7.40 Billion | $7.84 Billion | $442.00 Million | ▼ -1.0% |
| 2021 | 0.95x | $6.89 Billion | $7.23 Billion | $330.00 Million | ▲ +2.9% |
| 2020 | 0.93x | $5.31 Billion | $5.73 Billion | $419.00 Million | ▲ +0.3% |
| 2019 | 0.92x | $4.09 Billion | $4.42 Billion | $333.98 Million | ▼ -1.0% |
| 2018 | 0.93x | $3.76 Billion | $4.03 Billion | $266.58 Million | ▼ -0.5% |
| 2017 | 0.94x | $2.73 Billion | $2.91 Billion | $178.12 Million | ▲ +3.5% |
| 2016 | 0.91x | $2.00 Billion | $2.20 Billion | $203.81 Million | ▲ +3.8% |
| 2015 | 0.87x | $1.28 Billion | $1.47 Billion | $184.94 Million | ▼ -1.2% |
| 2014 | 0.88x | $1.14 Billion | $1.29 Billion | $148.33 Million | ▲ +5.8% |
| 2013 | 0.84x | $963.33 Million | $1.15 Billion | $188.36 Million | ▲ +2.1% |
| 2012 | 0.82x | $1.23 Billion | $1.50 Billion | $271.08 Million | ▼ -5.2% |
| 2011 | 0.86x | $1.33 Billion | $1.54 Billion | $210.29 Million | ▲ +1.9% |
| 2010 | 0.85x | $943.35 Million | $1.11 Billion | $169.64 Million | ▼ -5.1% |
| 2009 | 0.89x | $998.18 Million | $1.12 Billion | $119.59 Million | ▼ -2.2% |
| 2008 | 0.91x | $1.17 Billion | $1.28 Billion | $111.79 Million | ▲ +0.5% |
| 2007 | 0.91x | $1.31 Billion | $1.44 Billion | $132.07 Million | ▼ -0.2% |
| 2006 | 0.91x | $843.99 Million | $927.24 Million | $83.25 Million | ▼ -2.5% |
| 2005 | 0.93x | $681.48 Million | $730.35 Million | $48.88 Million | ▲ +2.8% |
| 2004 | 0.91x | $620.52 Million | $683.74 Million | $63.23 Million | ▼ -0.2% |
| 2003 | 0.91x | $393.68 Million | $433.14 Million | $39.45 Million | ▲ +0.5% |
| 2002 | 0.90x | $297.75 Million | $329.33 Million | $31.58 Million | ▲ +1.7% |
| 2001 | 0.89x | $372.15 Million | $418.70 Million | $46.56 Million | ▼ -4.7% |
| 2000 | 0.93x | $414.79 Million | $444.63 Million | $29.84 Million | ▲ +6.8% |
| 1999 | 0.87x | $291.99 Million | $334.20 Million | $42.21 Million | ▲ +23.7% |
| 1998 | 0.71x | $143.72 Million | $203.47 Million | $59.74 Million | ▼ -15.7% |
| 1997 | 0.84x | $174.76 Million | $208.65 Million | $33.88 Million | ▲ +9.0% |
| 1996 | 0.77x | $152.25 Million | $198.11 Million | $45.87 Million | ▼ -4.8% |
| 1995 | 0.81x | $142.93 Million | $177.00 Million | $34.07 Million | ▲ +0.9% |
| 1994 | 0.80x | $114.00 Million | $142.50 Million | $28.50 Million | ▼ -7.7% |
| 1993 | 0.87x | $93.30 Million | $107.70 Million | $14.40 Million | ▲ +1.7% |
| 1992 | 0.85x | $68.50 Million | $80.40 Million | $11.90 Million | ▲ +0.7% |
| 1991 | 0.85x | $66.90 Million | $79.10 Million | $12.20 Million | ▼ -0.4% |
| 1990 | 0.85x | $41.70 Million | $49.10 Million | $7.40 Million | ▼ -3.6% |
| 1989 | 0.88x | $38.60 Million | $43.80 Million | $5.20 Million | — |