Adobe Systems Incorporated Free Cash Flow Generation Index

Latest as of May 2026: 0.98x

Adobe Systems Incorporated free cash flow generation index. Adobe Systems Incorporated (ADBE) has a Free Cash Flow Generation Index of 0.98x as of May 2026. Free cash flow of $2.45 Billion represents 1% of operating cash flow ($2.51 Billion).

FCF Generation Index

0.98x
Free Cash Flow / Operating CF

Free Cash Flow

$2.45 Billion
USD

Operating Cash Flow

$2.51 Billion
USD

Capital Expenditures

$58.00 Million
USD

Free Cash Flow Generation Index of Adobe Systems Incorporated (1989–2025)

Free cash flow generation index of Adobe Systems Incorporated from 1989 to 2025. Historical FCF Generation Index trend for Adobe Systems Incorporated across 37 annual periods. See Adobe Systems Incorporated leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Adobe Systems Incorporated Free Cash Flow Generation Index by Year (1989–2025)

Adobe Systems Incorporated free cash flow generation index by year from 1989 to 2025. Year-by-year Free Cash Flow Generation Index for Adobe Systems Incorporated. For the full cash flow conversion analysis, see ADBE cash generation efficiency.

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 —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).