Analysis of Geographic Areas
Adobe Inc. operates in 3 regions: Americas; Europe, Middle East and Africa (EMEA); and Asia-Pacific (APAC).
Area Asset Turnover
Adobe Inc., asset turnover by geographic area
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | Nov 29, 2019 | |
|---|---|---|---|---|---|---|
| Americas | 7.80 | 6.69 | 6.06 | 6.07 | 5.60 | 5.76 |
| Europe, Middle East and Africa (EMEA) | 64.58 | 56.10 | 66.57 | 67.49 | 53.13 | 54.70 |
| Asia-Pacific (APAC) | 15.45 | 14.23 | 18.66 | 19.67 | 16.37 | 15.44 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Americas | Americas area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Europe, Middle East and Africa (EMEA) | Europe, Middle East and Africa (EMEA) area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. | |
| Asia-Pacific (APAC) | Asia-Pacific (APAC) area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: Americas
Adobe Inc.; Americas; area asset turnover calculation
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | Nov 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 12,891) | 11,654) | 10,251) | 8,996) | 7,454) | 6,506) |
| Property and equipment, net | 1,652) | 1,741) | 1,691) | 1,481) | 1,330) | 1,129) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 7.80 | 6.69 | 6.06 | 6.07 | 5.60 | 5.76 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 12,891 ÷ 1,652 = 7.80
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Americas | Americas area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Europe, Middle East and Africa (EMEA)
Adobe Inc.; Europe, Middle East and Africa (EMEA); area asset turnover calculation
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | Nov 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 5,554) | 4,881) | 4,593) | 4,252) | 3,400) | 2,975) |
| Property and equipment, net | 86) | 87) | 69) | 63) | 64) | 54) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 64.58 | 56.10 | 66.57 | 67.49 | 53.13 | 54.70 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 5,554 ÷ 86 = 64.58
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe, Middle East and Africa (EMEA) | Europe, Middle East and Africa (EMEA) area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Area Asset Turnover: Asia-Pacific (APAC)
Adobe Inc.; Asia-Pacific (APAC); area asset turnover calculation
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | Nov 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 3,060) | 2,874) | 2,762) | 2,537) | 2,014) | 1,690) |
| Property and equipment, net | 198) | 202) | 148) | 129) | 123) | 109) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 15.45 | 14.23 | 18.66 | 19.67 | 16.37 | 15.44 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 3,060 ÷ 198 = 15.45
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Asia-Pacific (APAC) | Asia-Pacific (APAC) area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Revenue
Adobe Inc., revenue by geographic area
US$ in millions
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | Nov 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 11,499) | 10,460) | 9,217) | 8,104) | 6,746) | 5,904) |
| Other | 1,392) | 1,194) | 1,034) | 892) | 708) | 602) |
| Americas | 12,891) | 11,654) | 10,251) | 8,996) | 7,454) | 6,506) |
| Europe, Middle East and Africa (EMEA) | 5,554) | 4,881) | 4,593) | 4,252) | 3,400) | 2,975) |
| Asia-Pacific (APAC) | 3,060) | 2,874) | 2,762) | 2,537) | 2,014) | 1,690) |
| Total | 21,505) | 19,409) | 17,606) | 15,785) | 12,868) | 11,171) |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).
Property and equipment, net
Adobe Inc., property and equipment, net by geographic area
US$ in millions
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | Nov 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 1,651) | 1,740) | 1,690) | 1,480) | 1,328) | 1,126) |
| Other | 1) | 1) | 1) | 1) | 2) | 3) |
| Americas | 1,652) | 1,741) | 1,691) | 1,481) | 1,330) | 1,129) |
| Europe, Middle East and Africa (EMEA) | 86) | 87) | 69) | 63) | 64) | 54) |
| Asia-Pacific (APAC) | 198) | 202) | 148) | 129) | 123) | 109) |
| Total | 1,936) | 2,030) | 1,908) | 1,673) | 1,517) | 1,293) |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).