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Arphra AIPlain-English read on Adobe Inc.’s valuationEnterprise value
$79.72B
Market cap
$77.58B
Net debt
$324M
Total debt
$6.66B
Cash & ST inv.
$6.89B
Capital structure
· balance sheet · 2026-02-27Enterprise-value bridge
Equity 97%
Share of enterprise value funded by equity vs net debt.
Market capitalisation$77.58B
+ Total debt+$6.66B
− Cash & short-term investments−$6.89B
= Enterprise value$79.72B
Valuation
· key metrics · TTMEV multiples
EV / EBITDA8.0×
EV / Sales3.2×
EV / FCF7.5×
Net debt / EBITDA0.2×
Debt / Equity—
History
· 3y · net debt held constant