Head-to-head · free
Adobe vs Salesforce, Inc.
ADBE vs CRM — return on capital, cash generation, margins and balance sheet side by side.
ADBE
7 / 10
measures where ADBE leads
CRM
3 / 10
measures where CRM leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | ADBE · FY2025 | CRM · FY2025 |
|---|---|---|
| Revenue | $23.8B | $37.9B |
| Net income | $7.1B | $6.2B |
| Revenue growth (yearly, multi-year) | 10.8% | 15.6% |
| Free cash flow | $9.9B | $12.4B |
| Free cash flow margin | 41.4% | 32.8% |
| Net cash / (debt) | (1.2B) | — |
| ROIC | 36.3% | 8.8% |
| Return on equity | 55.4% | 12.4% |
| Gross margin | 89.3% | 77.7% |
| Operating margin | 36.6% | 21.5% |
| Net debt / EBITDA | 0.08x | 0.59x |
Figures are as reported by each company; latest fiscal year shown.
Where Adobe's cash went (FY2025)
- Capital spending
- $179.0M
- Buybacks
- $11.3B
- Dividends
- $0
- Acquisitions
- $17.0M
- Net debt issued / (repaid)
- $497.0M
Where Salesforce, Inc.'s cash went (FY2025)
- Capital spending
- $658.0M
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free