Adobe Inc. ADBE NASDAQ

Adobe Inc. (ADBE) generated $10.03B in operating cash flow for fiscal year 2025. After capital expenditures of $179M, free cash flow was $9.85B.

Free cash flow margin was 41.4% of revenue. Cash conversion ratio was 1.41x, indicating earnings are backed by cash.

The company returned $11.28B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (80/100, Pass) — $9.85B (41.4% FCF margin) supports a durable competitive advantage
• INCOME (100/100) — Cash conversion ratio was 1.41x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 80/100 with 6/7 criteria passed.