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Adobe (FRA:ADB) Tax Rate % : 35.95% (As of Feb. 2024)


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What is Adobe Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Adobe's Tax Expense for the three months ended in Feb. 2024 was €323 Mil. Adobe's Pre-Tax Income for the three months ended in Feb. 2024 was €897 Mil. Therefore, Adobe's Tax Rate % for the quarter that ended in Feb. 2024 was 35.95%.

Adobe Tax Rate % Historical Data

The historical data trend for Adobe's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adobe Tax Rate % Chart

Adobe Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 -25.96 15.48 20.84 20.16

Adobe Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.96 21.52 19.51 17.98 35.95

Adobe Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Adobe's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2023 )/Pre-Tax Income (A: Nov. 2023 )
=1266.804/6282.276
=20.16 %

Adobe's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=322.596/897.336
=35.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adobe Tax Rate % Related Terms

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Adobe (FRA:ADB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Adobe Inc (FRA:ADB) » Definitions » Tax Rate %
Comparable Companies
ORCL PANW SNPS CRWD PLTR FTNT SQ NET MDB ZS MSFT XAMS:ADYEN XKAZ:KSPI CPAY IOT GDDY VRSN CHKP AKAM OKTA
Traded in Other Exchanges
ADBE:USA ADBE:Peru ADBE:Mexico 1ADBE:Italy ADBd:UK ADB:Germany ADBE:Canada ADBE34:Brazil ADBE:Austria ADBE:Argentina
Address
345 Park Avenue, San Jose, CA, USA, 95110-2704
Website
https://www.adobe.com
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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