Adobe (MEX:ADBE) EBITDA Margin %: 37.72% (As of May. 2026) — Near Median


MEX:ADBE Adobe Inc MEX:ADBE
89 GF Score
Price MXN3,467.59
GF Value MXN10,464.42
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Adobe EBITDA Margin %?

Adobe MEX:ADBE +3.98% 89 EBITDA Margin % is 37.72% as of May. 2026, which is 1% below its 10-year median of 38.12. 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. Among 2,818 Software companies, Adobe ranks better than 93.75% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Adobe's EBITDA for the three months ended in May. 2026 was MXN43,305 Mil. Adobe's Revenue for the three months ended in May. 2026 was MXN114,821 Mil. Therefore, Adobe's EBITDA margin for the quarter that ended in May. 2026 was 37.72%.


Adobe  (MEX:ADBE) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Adobe EBITDA Margin % Related Terms


Adobe EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Adobe's EBITDA Margin % 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 EBITDA Margin % Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.85 39.62 40.11 37.00 41.29

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EBITDA Margin % 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 40.49 41.12 40.59 41.56 37.72

MEX:ADBE vs CDNS, INTU, ADP: EBITDA Margin % Comparison

For the Software - Application subindustry, Adobe's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, Adobe's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Adobe's EBITDA Margin % falls into.


MEX:ADBE
89GF Score
Adobe Inc MEX:ADBE
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adobe EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Adobe's EBITDA Margin % for the fiscal year that ended in Nov. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=179812.95/435453.286
=41.29 %

Adobe's EBITDA Margin % for the quarter that ended in May. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: May. 2026 )/Revenue (Q: May. 2026 )
=43305.101/114820.976
=37.72 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 37.72% mean?
Adobe (MEX:ADBE) has a EBITDA Margin % of 37.72% as of May. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Adobe and its competitors. This is near median its historical median of 38.12. Over the past decade, Adobe's EBITDA Margin % has ranged from 31.38 to 41.85. According to the industry distribution chart, Adobe ranks #176 out of 2818 companies in the Software industry, placing it in the top 6.2%.
Is Adobe's EBITDA Margin % too high?
Adobe's current EBITDA Margin % of 37.72% is near median its 10-year median of 38.12. Over the past 10 years, this metric has ranged from a low of 31.38 to a high of 41.85. The Software industry median EBITDA Margin % is 8.07. Adobe's value of 37.72% is 367.4% above this industry median. Based on the distribution chart, Adobe ranks #176 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. 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 EBITDA Margin % compare to CDNS and INTU?
According to the Software industry distribution chart, Adobe ranks #176 out of 2818 companies for EBITDA Margin %. This places Adobe in the top 6% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.07. Adobe's value of 37.72% is 367.4% above this benchmark. Historically, Adobe's own EBITDA Margin % has ranged from 31.38 to 41.85 over the past decade. While the company's 10-year median is 38.12 vs. the industry median of 8.07, Adobe has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,818 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adobe's current EBITDA Margin % of 37.72% is 367.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Adobe and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adobe's current EBITDA Margin % is 37.72%, which is near median its own 10-year median of 38.12. 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 EBITDA Margin % is 37.72%, which is near median its 10-year median of 38.12 and 367.4% above the Software industry median of 8.07. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Adobe (MEX:ADBE), the current EBITDA Margin % is 37.72% 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:

  • EBITDA Margin %: 37.72% (near median its 10-year median of 38.12)
  • GF Value™: MXN10,464.42 vs. price of MXN3,467.59 (66.9% below fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 367.4% above the Software median (#176 of 2818)

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

EBITDA Margin % 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