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Assessing the ROE of Adobe, Autodesk, and Salesforce in 3Q15

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Nov. 27 2015, Published 5:07 p.m. ET

ROE was 10.38% for Adobe in 3Q15

In 3Q15, the return on equity (or ROE) for Adobe (ADBE) was 10.38% compared to 2.67% in the same period last year and 4.82% in 3Q13. Return on assets (or ROA) improved YoY (year-over-year) in the last quarter as well, from 3.24% in 3Q13 to 1.71% in 3Q14 and to 6.16% in 3Q15.

Return on invested capital (or ROIC) for ADBE has been volatile YoY and moved from 8.04% in 3Q13 to 4.42% in 3Q14 and 14.50% in 3Q15.

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Autodesk’s return on equity in 3Q15

In 3Q15, the return on equity for Autodesk (ADSK) was -9.64% compared to 1.88% in the same period last year and 10.94% in 3Q13.

Return on assets was volatile YoY as well, from 5.39% in 3Q13 to 0.91% in 3Q14 and -3.32% in 3Q15. Return on invested capital for ADSK decreased YoY from 27.54% in 3Q13 to 4.81% in 3Q14 and to -11.92% in 3Q15.

Salesforce’s return on equity

In 3Q15, return on equity for Salesforce (CRM) was -2.17% compared to -4.39% in the same period last year and -17.37% in 3Q13. Return on assets improved YoY from -6.20% in 3Q13 to -1.69% in 3Q14 and -0.93% in 3Q15. Return on invested capital for Salesforce rose YoY from -9.65% in 3Q13 to -3.64% in 3Q14 and -2.08% in 3Q15.

Autodesk comprises 2.84% of the iShares North American Tech-Software ETF (IGV) and 0.39% of the iShares US Technology ETF (IYW).

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