ADBE EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
ADBE's ev/ebitda is lower than 95% of the last 10 years.
EV/EBITDA History
ADBE EV/EBITDA by year
Yearly range of ADBE’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 8.0 to 56.6, averaging 32.9.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 8.0 | 10.7 | 14.6 | 10.5 |
| 2025 | 13.8 | 18.0 | 25.6 | 15.1 |
| 2024 | 24.2 | 31.1 | 37.0 | 24.6 |
| 2023 | 21.4 | 29.5 | 38.1 | 34.8 |
| 2022 | 18.6 | 27.6 | 40.8 | 22.5 |
| 2021 | 36.8 | 46.0 | 53.7 | 41.0 |
| 2020 | 33.0 | 44.9 | 56.6 | 48.0 |
| 2019 | 33.9 | 40.1 | 44.9 | 40.4 |
| 2018 | 32.3 | 40.2 | 44.8 | 35.5 |
| 2017 | 28.8 | 33.7 | 39.5 | 34.5 |
| 2016 | 27.8 | 31.6 | 34.0 | 28.7 |
Get notified when ADBE EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is ADBE EV/EBITDA High or Low Right Now?
Adobe Inc.'s EV/EBITDA is currently 10.5, which is near historic low relative to its 10-year historical range. The 10-year median EV/EBITDA for ADBE is approximately 34.0. See all ADBE valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.