Adobe Systems Incorporated (ADBE) — Tangible Net Worth Ratio

Latest as of February 2026: 96.0%

Adobe Systems Incorporated (ADBE) has a Tangible Net Worth Ratio of 96.0% as of February 2026. This metric is calculated by deducting intangible assets ($454.00 Million) from net assets ($11.43 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See ADBE working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.0%
Tangible equity / total equity

Net Assets (Equity)

$11.43 Billion
USD

Intangible Assets

$454.00 Million
Goodwill, patents, brand value

Total Assets

$29.70 Billion
USD

Adobe Systems Incorporated Tangible Net Worth Ratio (1986–2025)

This chart shows how Adobe Systems Incorporated's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at 96.0%, reflecting net assets of $11.43 Billion with intangible assets of $454.00 Million USD. See ADBE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Adobe Systems Incorporated (1986–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Adobe Systems Incorporated from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see ADBE stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 95.7% $11.62 Billion $495.00 Million $29.50 Billion ▲ +1.3 pp
2024 94.5% $14.11 Billion $782.00 Million $30.23 Billion ▲ +1.0 pp
2023 93.4% $16.52 Billion $1.09 Billion $29.78 Billion ▲ +3.7 pp
2022 89.7% $14.05 Billion $1.45 Billion $27.16 Billion ▲ +2.0 pp
2021 87.7% $14.80 Billion $1.82 Billion $27.24 Billion ▼ -2.1 pp
2020 89.8% $13.26 Billion $1.36 Billion $24.28 Billion ▲ +6.1 pp
2019 83.7% $10.53 Billion $1.72 Billion $20.76 Billion ▲ +5.8 pp
2018 77.9% $9.36 Billion $2.07 Billion $18.77 Billion ▼ -17.5 pp
2017 95.4% $8.46 Billion $385.66 Million $14.54 Billion ▲ +1.0 pp
2016 94.4% $7.42 Billion $414.40 Million $12.71 Billion ▲ +1.7 pp
2015 92.7% $7.00 Billion $510.01 Million $11.73 Billion ▼ -0.4 pp
2014 93.1% $6.78 Billion $469.66 Million $10.79 Billion ▲ +2.1 pp
2013 91.0% $6.72 Billion $605.25 Million $10.38 Billion ▼ -0.8 pp
2012 91.8% $6.67 Billion $545.04 Million $10.04 Billion ▲ +1.3 pp
2011 90.6% $5.78 Billion $545.53 Million $8.99 Billion ▲ +0.8 pp
2010 89.8% $5.19 Billion $528.78 Million $8.14 Billion ▲ +0.6 pp
2009 89.2% $4.89 Billion $527.39 Million $7.28 Billion ▼ -5.9 pp
2008 95.1% $4.41 Billion $214.96 Million $5.82 Billion ▲ +3.8 pp
2007 91.3% $4.65 Billion $402.62 Million $5.71 Billion ▲ +1.2 pp
2006 90.2% $5.15 Billion $506.40 Million $5.96 Billion ▼ -2.6 pp
2005 92.8% $1.86 Billion $135.16 Million $2.44 Billion ▲ +1.6 pp
2004 91.2% $1.42 Billion $125.80 Million $1.96 Billion ▲ +1.3 pp
2003 89.9% $1.10 Billion $111.29 Million $1.56 Billion ▲ +4.7 pp
2002 85.2% $674.32 Million $99.77 Million $1.05 Billion ▼ -8.5 pp
2001 93.7% $616.97 Million $38.97 Million $930.62 Million ▲ +1.0 pp
2000 92.7% $752.54 Million $54.75 Million $1.07 Billion ▼ -7.3 pp
1999 100.0% $512.21 Million $0.00 $803.86 Million ▲ +0.0 pp
1998 100.0% $516.37 Million $0.00 $767.33 Million ▲ +0.0 pp
1997 100.0% $715.42 Million $0.00 $940.07 Million ▲ +0.0 pp
1996 100.0% $706.51 Million $0.00 $1.00 Billion ▲ +0.0 pp
1995 100.0% $698.42 Million $0.00 $884.73 Million ▲ +0.0 pp
1994 100.0% $514.32 Million $0.00 $710.00 Million ▲ +4.3 pp
1993 95.7% $272.30 Million $11.80 Million $352.90 Million ▲ +3.5 pp
1992 92.1% $224.60 Million $17.70 Million $281.30 Million ▼ -7.9 pp
1991 100.0% $182.80 Million $0.00 $221.20 Million ▲ +0.0 pp
1990 100.0% $107.80 Million $0.00 $145.70 Million ▲ +0.0 pp
1989 100.0% $58.80 Million $0.00 $94.10 Million ▲ +0.0 pp
1988 100.0% $44.30 Million $0.00 $65.50 Million ▲ +0.0 pp
1987 100.0% $23.50 Million $0.00 $32.30 Million ▲ +0.0 pp
1986 100.0% $13.70 Million $0.00 $20.00 Million
pp = percentage points