Adobe (MEX:ADBE) EBIT: MXN167,948 Mil (TTM As of May. 2026)


MEX:ADBE Adobe Inc MEX:ADBE
89 GF Score
Price MXN3,467.59
GF Value MXN10,464.42
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Adobe EBIT?

Adobe MEX:ADBE +3.98% 89 EBIT is MXN167,948 Mil as of May. 2026. GuruFocus rates MEX:ADBE with a GF Score™ of 89/100 and a GF Value™ of MXN10,464.42 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Adobe's earnings before interest and taxes (EBIT) for the three months ended in May. 2026 was MXN39,957 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2026 was MXN167,948 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adobe's annualized ROC % for the quarter that ended in May. 2026 was 22.40%. Adobe's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 427.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adobe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 12.10%.


Adobe  (MEX:ADBE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Adobe's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=155315.408 * ( 1 - 23.5% )/( (505548.09 + 555124.201)/ 2 )
=118816.28712/530336.1455
=22.40 %

where

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=511523.673 - 23265.166 - ( 118650.623 - max(0, 196143.773 - 178854.19+118650.623))
=505548.09

Invested Capital(Q: May. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=519331.564 - 16430.261 - ( 97609.975 - max(0, 209550.884 - 157327.986+97609.975))
=555124.201

Note: The Operating Income data used here is four times the quarterly (May. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Adobe's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=159826.356/( ( (37145.05 + max(-119873.293, 0)) + (37631.716 + max(-116278.36, 0)) )/ 2 )
=159826.356/( ( 37145.05 + 37631.716 )/ 2 )
=159826.356/37388.383
=427.48 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36025.704 + 0 + 24177.863) - (23265.166 + 125280.593 + 31531.101)
=-119873.293

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34578.151 + 0 + 25139.86) - (16430.261 + 124085.77 + 35480.34)
=-116278.36

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Adobe's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2026 )
=167947.686/1388349.482
=12.10 %

* 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 EBIT Related Terms


Adobe EBIT Historical Data

* Premium members only.

The historical data trend for Adobe's EBIT 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.

Adobe EBIT Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124,813.55 118,519.92 120,101.53 144,703.29 164,827.01

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EBIT 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 42,143.90 42,511.55 42,686.11 42,793.44 39,956.59

MEX:ADBE vs CDNS, INTU, ADP: EBIT Comparison

For the Software - Application subindustry, Adobe's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adobe EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Adobe's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adobe's EV-to-EBIT falls into.


MEX:ADBE
89GF Score
Adobe Inc MEX:ADBE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adobe EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN167,948 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN167,948 Mil mean?
Adobe (MEX:ADBE) has a EBIT of MXN167,948 Mil as of May. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adobe.
Is Adobe's EBIT too high?
Adobe's current EBIT is MXN167,948 Mil. Overall, Adobe has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's EBIT compare to CDNS and INTU?
Adobe's EBIT of MXN167,948 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adobe. Adobe's current EBIT is MXN167,948 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adobe stock overvalued right now?
Based on GuruFocus' analysis, Adobe (MEX:ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN10,464.42, compared to a current price of MXN3,467.59 — trading 66.9% below its estimated fair value. The current EBIT is MXN167,948 Mil. Adobe's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Adobe (MEX:ADBE), the current EBIT is MXN167,948 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adobe (MEX:ADBE) Overvalued in 2026?

Based on GuruFocus' analysis, Adobe stock appears to be undervalued. The current stock price of MXN3,467.59 is trading 66.9% below its estimated GF Value™ of MXN10,464.42. GuruFocus considers Adobe to be Significantly Undervalued.

Key valuation signals for MEX:ADBE:

  • EBIT: MXN167,948 Mil
  • GF Value™: MXN10,464.42 vs. price of MXN3,467.59 (66.9% below fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the MEX:ADBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adobe Business Description

Address 345 Park Avenue, San Jose, CA, USA, 95110-2704
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).
89GF Score

Get the complete analysis for MEX:ADBE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,467.59
Price
MXN10,464.42
GF Value