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Sirius Investors
Adobe Inc.

Adobe Inc.

ADBE
NASDAQTechnology

Market Capitalization & Enterprise Value

Research-grade valuation history for ADBE. Track market capitalization versus enterprise value to see the impact of net debt and share changes. Use the interactive chart to explore different horizons; the table updates accordingly to support auditability and export.

Market Cap & Enterprise Value

Comparison of market capitalization and enterprise value over time

Market Cap

Market Capitalization = Stock Price × Number of Shares Outstanding. Represents the total value of a company's equity.
136.38B
1492.0x increase over period
CAGR: +20.60%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.

Enterprise Value

Enterprise Value = Market Cap + Total Debt - Cash and Cash Equivalents. Represents the total value of a company including its debt.
137.59B
1752.6x increase over period
CAGR: +21.09%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.

Market Cap History

Investor Valuation Insights

As of May 29, 2026

EV/EBITDA

Potentially Rich

42.61x

Higher EV/EBITDA may imply premium pricing; growth durability should justify the multiple.

EV vs Market Cap Spread

1.22B

EV is +0.9% vs equity value

Capital Structure Signal

Net Debt Profile

EV premium trend: +15.0 pp vs earliest data

Additional Multiples

EV/Sales: 16.07x

Net Debt/EBITDA: 0.86x

Share count change in dataset: +77.50%

Interpretation guide: EV/EBITDA compares total firm value (debt + equity - cash) to operating earnings. Lower is usually cheaper, but always benchmark against peers, growth rate, margins, and cyclicality.

Market Cap & Enterprise Value Data

Free users can view the latest 3 records. Upgrade to see full history.

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DateMarket CapEnterprise ValueStock PriceShares
Nov 28, 2025136.38B137.59B$320.13426.00M
Nov 29, 2024230.67B229.12B$515.93447.10M
Dec 1, 2023279.90B276.84B$612.47457.00M
Dec 2, 2022
Dec 3, 2021
Nov 27, 2020
Nov 29, 2019
Nov 30, 2018
Dec 1, 2017
Dec 2, 2016
Nov 27, 2015
Nov 28, 2014
Nov 29, 2013
Nov 30, 2012
Dec 2, 2011
Dec 3, 2010
Nov 27, 2009
Nov 28, 2008
Nov 30, 2007
Dec 1, 2006
Dec 2, 2005
Dec 3, 2004
Nov 28, 2003
Nov 29, 2002
Nov 30, 2001
Dec 1, 2000
Dec 3, 1999
Nov 27, 1998
Nov 28, 1997
Nov 29, 1996
Dec 1, 1995
Nov 25, 1994
Nov 30, 1993
Nov 30, 1992
Nov 30, 1991
Nov 30, 1990
Nov 30, 1989
Nov 30, 1988
Nov 30, 1987
Nov 30, 1986

Enterprise Value Analysis

Price Change (Nov 2024 to Nov 2025)

The stock price has decreased from Nov 2024 to Nov 2025.
-37.95%

Recent Volatility

The stock price has been relatively volatile over the last 5 periods, indicating a higher risk profile.
0.50

Risk-Adjusted Return

The stock's returns do not compensate for its risk level, suggesting a poor risk-reward profile.
-0.10

Market Cap Change (Nov 2024 to Nov 2025)

The company's market capitalization has decreased from Nov 2024 to Nov 2025.
-40.88%

Enterprise Value Change (Nov 2024 to Nov 2025)

The company's enterprise value has decreased from Nov 2024 to Nov 2025, suggesting a decline in the company's total economic value.
-39.95%

Market Cap vs. Enterprise Value

A higher enterprise value growth rate compared to market cap growth could indicate that the company is investing heavily in growth initiatives or taking on more debt.
EV Growth > Market Cap Growth

Market Cap CAGR

The Compound Annual Growth Rate (CAGR) of market capitalization represents the mean annual growth rate over the entire available history (40 periods), accounting for compounding effects.
20.60%

Enterprise Value CAGR

The Compound Annual Growth Rate (CAGR) of enterprise value represents the mean annual growth rate over the entire available history (40 periods), accounting for compounding effects.
21.09%