ADBE vs. CRCL: Adobe vs. Circle Internet Stock Comparison
How do Adobe (ADBE) and Circle Internet (CRCL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Adobe (ADBE) and Circle Internet (CRCL) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Adobe (ADBE) carries decades of public-market history since August 13, 1986, while Circle Internet (CRCL) listed on June 5, 2025 — long-window comparisons have far more historical data on the ADBE side.
| Profile Item | ADBE | CRCL |
|---|---|---|
| Name | Adobe Inc. | Circle Internet Group, Inc. Class A |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 93.14 billion USD | 17.41 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 13, 1986 | June 5, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| Total Return (1Y) | -27.09% | -33.88% |
| Total Return (3Y, Annualized) | -25.55% | -- |
| Total Return (5Y, Annualized) | -18.62% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| Volatility (1Y, Annualized) | 41.62% | 96.01% |
| Beta (5Y) | 1.38 | 0.84 |
| Max Drawdown (5Y) | -71.90% | -80.93% |
| Avg. Volume (3M) | 4.61M | 12.74M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| Sharpe Ratio (1Y) | -0.75 | -0.40 |
| Sortino Ratio (1Y) | -1.04 | -0.61 |
Profitability
ROE (TTM)
Adobe (ADBE) at 61.90% clears its industry range for ROE, a sharper capital-efficiency signal than Circle Internet (CRCL) at 13.44%, which is closer to a typical peer reading.
ADBE
Software & Services industry group
61.90%
- ADBE
- 61.90%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
CRCL
Software & Services industry group
13.44%
- Max
- 53.85%
- Q3
- 17.90%
- CRCL
- 13.44%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Adobe (ADBE) at 28.05% retains a top-quartile share of revenue as profit, ahead of Circle Internet (CRCL) at 15.28%, which keeps about the industry-typical share.
ADBE
Software & Services industry group
28.05%
- Max
- 41.17%
- ADBE
- 28.05%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
CRCL
Software & Services industry group
15.28%
- Max
- 41.17%
- CRCL
- 15.28%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Adobe (ADBE) at 34.82% and Circle Internet (CRCL) at 24.09% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ADBE
Software & Services industry group
34.82%
- Max
- 46.89%
- ADBE
- 34.82%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
CRCL
Software & Services industry group
24.09%
- Max
- 46.89%
- CRCL
- 24.09%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| ROE (TTM) | 61.90% | 13.44% |
| ROA (TTM) | 20.08% | 0.28% |
| Net Margin (TTM) | 28.05% | 15.28% |
| Operating Margin (TTM) | 34.82% | 24.09% |
| Gross Margin (TTM) | 89.25% | 26.58% |
Growth
Revenue Growth
Circle Internet (CRCL) at 63.86% clears its industry range for revenue growth, far stronger top-line momentum than Adobe (ADBE) at 10.53%, which is closer to a typical peer reading.
EPS Growth
Adobe (ADBE) at 35.11% is around its peer norm for EPS growth, while Circle Internet (CRCL) at -640.54% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| Revenue Growth (YoY) | 10.53% | 63.86% |
| Revenue Growth (3Y CAGR) | 10.52% | 52.66% |
| EPS Growth (YoY) | 35.11% | -640.54% |
| EPS Growth (3Y CAGR) | 18.25% | -- |
Financial Strength
Current Ratio (MRQ)
Circle Internet (CRCL) at 1.04 keeps current ratio within its industry’s typical mid-range, while Adobe (ADBE) at 0.77 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADBE.
ADBE
Software & Services industry group
0.77
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- ADBE
- 0.77
- Min
- 0.03
CRCL
Software & Services industry group
1.04
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- CRCL
- 1.04
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Circle Internet (CRCL) at 0.00 keeps leverage in the lower industry quartile, while Adobe (ADBE) at 0.58 runs a more typical debt-to-equity mix.
ADBE
Software & Services industry group
0.58
- Max
- 2.52
- Q3
- 1.13
- ADBE
- 0.58
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
CRCL
Software & Services industry group
0.00
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- CRCL
- 0.00
- Min
- 0.00
Financial Strength Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| Current Ratio (MRQ) | 0.77 | 1.04 |
| Debt / Equity (MRQ) | 0.58 | 0.00 |
| Net Debt / EBITDA | 0.12 | -4.68 |
Dividends
Dividend Yield (TTM)
Neither Adobe (ADBE) nor Circle Internet (CRCL) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
ADBE
Software & Services industry group
0.00%
- ADBE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRCL
Software & Services industry group
0.00%
- CRCL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Adobe (ADBE) nor Circle Internet (CRCL) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
ADBE
Software & Services industry group
0.00%
- ADBE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRCL
Software & Services industry group
0.00%
- CRCL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Adobe (ADBE) at 13.36 sits in the cheaper P/E ratio quartile, while Circle Internet (CRCL) at 40.89 is closer to its industry’s usual earnings multiple — a discount for ADBE, though growth and earnings durability still matter.
ADBE
Software & Services industry group
13.36
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- ADBE
- 13.36
- Min
- 6.69
CRCL
Software & Services industry group
40.89
- Max
- 112.94
- Q3
- 60.32
- CRCL
- 40.89
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
On P/S ratio, both Adobe (ADBE) at 3.59 and Circle Internet (CRCL) at 5.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ADBE
Software & Services industry group
3.59
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- ADBE
- 3.59
- Q1
- 2.23
- Min
- 0.02
CRCL
Software & Services industry group
5.75
- Max
- 17.91
- Q3
- 8.78
- CRCL
- 5.75
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
On P/B ratio, both Adobe (ADBE) at 7.95 and Circle Internet (CRCL) at 4.50 are valued close to their industries’ norm against book — neither stands out from peers.
ADBE
Software & Services industry group
7.95
- Max
- 16.63
- Q3
- 8.50
- ADBE
- 7.95
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
CRCL
Software & Services industry group
4.50
- Max
- 16.63
- Q3
- 8.50
- CRCL
- 4.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | ADBE | CRCL |
|---|---|---|
| P/E Ratio (TTM) | 13.36 | 40.89 |
| P/S Ratio (TTM) | 3.59 | 5.75 |
| P/B Ratio (MRQ) | 7.95 | 4.50 |
| Free Cash Flow Yield (TTM) | 10.03% | 1.43% |