ADBE vs. NTAP: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ADBE and NTAP, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ADBE’s market capitalization of 161.66 billion USD is substantially larger than NTAP’s 21.49 billion USD, indicating a significant difference in their market valuations.
With betas of 1.54 for ADBE and 1.41 for NTAP, both stocks show similar sensitivity to overall market movements.
| Symbol | ADBE | NTAP |
|---|---|---|
| Company Name | Adobe Inc. | NetApp, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Computer Hardware |
| CEO | Shantanu Narayen | George Kurian |
| Price | 379.31 USD | 107.26 USD |
| Market Cap | 161.66 billion USD | 21.49 billion USD |
| Beta | 1.54 | 1.41 |
| Exchange | NASDAQ | NASDAQ |
| IPO Date | August 13, 1986 | November 21, 1995 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ADBE and NTAP by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ADBE
51.65%
Software - Infrastructure Industry
- Max
- 80.61%
- Q3
- 29.97%
- Median
- 2.84%
- Q1
- -8.35%
- Min
- -56.26%
In the upper quartile for the Software - Infrastructure industry, ADBE’s Return on Equity of 51.65% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
NTAP
123.03%
Computer Hardware Industry
- Max
- 123.03%
- Q3
- 15.78%
- Median
- -13.44%
- Q1
- -119.16%
- Min
- -227.95%
In the upper quartile for the Computer Hardware industry, NTAP’s Return on Equity of 123.03% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
ADBE
35.47%
Software - Infrastructure Industry
- Max
- 39.31%
- Q3
- 11.97%
- Median
- 1.67%
- Q1
- -7.10%
- Min
- -34.29%
In the upper quartile for the Software - Infrastructure industry, ADBE’s Return on Invested Capital of 35.47% signifies a highly effective use of its capital to generate profits when compared to its peers.
NTAP
16.49%
Computer Hardware Industry
- Max
- 30.37%
- Q3
- 20.44%
- Median
- 7.03%
- Q1
- -12.47%
- Min
- -31.70%
NTAP’s Return on Invested Capital of 16.49% is in line with the norm for the Computer Hardware industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
ADBE
30.39%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 14.65%
- Median
- 2.66%
- Q1
- -7.70%
- Min
- -35.45%
A Net Profit Margin of 30.39% places ADBE in the upper quartile for the Software - Infrastructure industry, signifying strong profitability and more effective cost management than most of its peers.
NTAP
18.05%
Computer Hardware Industry
- Max
- 40.72%
- Q3
- 10.87%
- Median
- 4.33%
- Q1
- -378.64%
- Min
- -753.20%
A Net Profit Margin of 18.05% places NTAP in the upper quartile for the Computer Hardware industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
ADBE
36.37%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 16.56%
- Median
- 4.48%
- Q1
- -6.43%
- Min
- -40.18%
An Operating Profit Margin of 36.37% places ADBE in the upper quartile for the Software - Infrastructure industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
NTAP
20.34%
Computer Hardware Industry
- Max
- 42.27%
- Q3
- 13.53%
- Median
- 4.56%
- Q1
- -295.01%
- Min
- -592.84%
An Operating Profit Margin of 20.34% places NTAP in the upper quartile for the Computer Hardware industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | ADBE | NTAP |
|---|---|---|
| Return on Equity (TTM) | 51.65% | 123.03% |
| Return on Assets (TTM) | 24.44% | 10.96% |
| Return on Invested Capital (TTM) | 35.47% | 16.49% |
| Net Profit Margin (TTM) | 30.39% | 18.05% |
| Operating Profit Margin (TTM) | 36.37% | 20.34% |
| Gross Profit Margin (TTM) | 89.25% | 70.19% |
Financial Strength
Current Ratio
ADBE
0.99
Software - Infrastructure Industry
- Max
- 3.80
- Q3
- 2.25
- Median
- 1.51
- Q1
- 1.10
- Min
- 0.23
ADBE’s Current Ratio of 0.99 falls into the lower quartile for the Software - Infrastructure industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
NTAP
1.26
Computer Hardware Industry
- Max
- 20.73
- Q3
- 11.54
- Median
- 2.69
- Q1
- 1.40
- Min
- 0.73
NTAP’s Current Ratio of 1.26 falls into the lower quartile for the Computer Hardware industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
ADBE
0.03
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.12
- Median
- 0.33
- Q1
- 0.05
- Min
- 0.00
Falling into the lower quartile for the Software - Infrastructure industry, ADBE’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
NTAP
3.36
Computer Hardware Industry
- Max
- 1.36
- Q3
- 0.67
- Median
- 0.04
- Q1
- 0.03
- Min
- 0.00
With a Debt-to-Equity Ratio of 3.36, NTAP operates with exceptionally high leverage compared to the Computer Hardware industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio
ADBE
-283.48
Software - Infrastructure Industry
- Max
- 32.21
- Q3
- 5.24
- Median
- 0.95
- Q1
- -17.99
- Min
- -50.82
ADBE has a negative Interest Coverage Ratio of -283.48. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
NTAP
31.09
Computer Hardware Industry
- Max
- 32.50
- Q3
- 21.85
- Median
- 4.98
- Q1
- -7.71
- Min
- -34.24
NTAP’s Interest Coverage Ratio of 31.09 is in the upper quartile for the Computer Hardware industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | ADBE | NTAP |
|---|---|---|
| Current Ratio (TTM) | 0.99 | 1.26 |
| Quick Ratio (TTM) | 0.99 | 1.22 |
| Debt-to-Equity Ratio (TTM) | 0.03 | 3.36 |
| Debt-to-Asset Ratio (TTM) | 0.01 | 0.32 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.52 | 0.47 |
| Interest Coverage Ratio (TTM) | -283.48 | 31.09 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ADBE and NTAP. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ADBE
0.00%
Software - Infrastructure Industry
- Max
- 4.07%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ADBE currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
NTAP
1.94%
Computer Hardware Industry
- Max
- 9.24%
- Q3
- 1.58%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.94%, NTAP offers a more attractive income stream than most of its peers in the Computer Hardware industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio
ADBE
0.00%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ADBE has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
NTAP
35.75%
Computer Hardware Industry
- Max
- 193.79%
- Q3
- 30.72%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NTAP’s Dividend Payout Ratio of 35.75% is in the upper quartile for the Computer Hardware industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | ADBE | NTAP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.94% |
| Dividend Payout Ratio (TTM) | 0.00% | 35.75% |
Valuation
Price-to-Earnings Ratio
ADBE
23.86
Software - Infrastructure Industry
- Max
- 107.77
- Q3
- 54.40
- Median
- 28.10
- Q1
- 18.03
- Min
- 5.32
ADBE’s P/E Ratio of 23.86 is within the middle range for the Software - Infrastructure industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
NTAP
18.36
Computer Hardware Industry
- Max
- 24.60
- Q3
- 24.01
- Median
- 20.31
- Q1
- 18.24
- Min
- 13.38
NTAP’s P/E Ratio of 18.36 is within the middle range for the Computer Hardware industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
ADBE
2.57
Software - Infrastructure Industry
- Max
- 8.12
- Q3
- 3.94
- Median
- 2.13
- Q1
- 0.94
- Min
- 0.01
ADBE’s Forward PEG Ratio of 2.57 is within the middle range of its peers in the Software - Infrastructure industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
NTAP
2.15
Computer Hardware Industry
- Max
- 9.77
- Q3
- 5.18
- Median
- 1.77
- Q1
- 1.17
- Min
- 0.02
The Forward PEG Ratio is often not a primary valuation metric in the Computer Hardware industry.
Price-to-Sales Ratio
ADBE
7.15
Software - Infrastructure Industry
- Max
- 18.25
- Q3
- 9.05
- Median
- 4.77
- Q1
- 2.30
- Min
- 0.11
ADBE’s P/S Ratio of 7.15 aligns with the market consensus for the Software - Infrastructure industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
NTAP
3.27
Computer Hardware Industry
- Max
- 57.61
- Q3
- 47.40
- Median
- 3.37
- Q1
- 1.56
- Min
- 0.43
NTAP’s P/S Ratio of 3.27 aligns with the market consensus for the Computer Hardware industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ADBE
14.31
Software - Infrastructure Industry
- Max
- 19.94
- Q3
- 10.91
- Median
- 6.33
- Q1
- 2.95
- Min
- 0.51
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
NTAP
20.94
Computer Hardware Industry
- Max
- 21.21
- Q3
- 14.71
- Median
- 9.28
- Q1
- 3.74
- Min
- 0.43
NTAP’s P/B Ratio of 20.94 is in the upper tier for the Computer Hardware industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | ADBE | NTAP |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 23.86 | 18.36 |
| Forward PEG Ratio (TTM) | 2.57 | 2.15 |
| Price-to-Sales Ratio (P/S, TTM) | 7.15 | 3.27 |
| Price-to-Book Ratio (P/B, TTM) | 14.31 | 20.94 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 17.13 | 16.06 |
| EV-to-EBITDA (TTM) | 18.02 | 13.94 |
| EV-to-Sales (TTM) | 6.95 | 3.38 |