1. Germany Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Footwear & Accessories
adidas AG

adidas AG

ADS.F
adidas AGundefined flagFrankfurt Stock Exchange
186.90
EUR
+1.65
- -
33.39BMarket Cap
adidas AG
ADS.F
(Frankfurt Stock Exchange)

Recent

price

186.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
57.31
63.68
71.14
67.89
69.62
83.93
92.33
104.84
108.62
119.63
94.46
109.36
122.83
120.01
132.64
138.95
142.51
Revenue per Share
2.71
2.93
2.51
3.76
2.35
3.15
5.08
5.42
8.44
10
2.21
10.9
3.34
-0.42
4.28
7.5
7.86
Basic EPS, GAAP
2.99
2.06
2.43
0.76
0.73
2.86
3.53
4.43
9.81
10.68
5.4
13
-6.41
11.46
13.27
1.53
4.8
Free Cash Flow per Basic Share
0.35
0.8
1
1.35
1.5
1.5
1.6
2
2.62
3.36
- -
3.01
3.33
0.7
0.7
2
- -
Dividend per Share
18.64
20.77
22.29
24.7
24.16
25.18
28.58
29.95
30.99
34.16
35.5
36.32
24.7
24.22
27.75
33.25
33.39
Book Value per Share
6.5
8.37
10.48
12.09
12.89
11.17
15.13
18.19
19.24
21.92
22.97
32.22
19.98
18.17
23.34
25.08
26.48
Tangible Book Value per Share
209
209
209
209
209
202
200
202
202
198
195
194
183
179
179
179
177
Basic Weighted Avg Shares
11,990
13,322
14,883
14,203
14,534
16,915
18,483
21,218
21,915
23,640
18,435
21,234
22,511
21,427
23,683
24,811
25,250
Sales/Revenue/Turnover
7.46
7.12
7.92
8.64
6.57
6.43
8.31
9.92
10.94
11.31
4.63
9.37
3.24
1.3
5.45
8.31
8.53
Operating Margin (%)
270
253
536
340
405
393
376
484
490
1,214
1,261
1,149
1,375
1,096
1,171
1,121
1,119
Depreciation Expense
567
613
526
787
490
634
1,017
1,097
1,702
1,976
432
2,116
612
-75
764
1,340
1,393
Net Income, GAAP
29.53
30.03
38.43
30.55
32.46
33.97
29.56
33.02
28.13
25.02
20.24
19.44
34.54
190.77
26.49
24.34
24.26
Effective Tax Rate (%)
4.73
4.6
3.53
5.54
3.37
3.75
5.5
5.17
7.77
8.36
2.34
9.97
2.72
-0.35
3.23
5.4
5.52
Profit Margin (%)
1,878
1,990
2,503
2,125
2,969
2,133
2,121
2,354
2,979
2,180
3,327
4,979
2,475
1,766
2,311
2,883
3,192
Working Capital
1,337
995
1,220
662
1,591
1,470
986
986
1,690
3,994
4,641
4,729
5,289
4,469
4,410
4,307
4,338
LT Debt
4,461
5,128
5,291
5,481
5,617
5,648
6,455
6,017
6,364
7,057
6,691
7,837
5,351
4,925
5,868
6,125
6,349
Total Equity
10.43
10.23
10.59
12.08
8.72
9.23
13.32
17.58
21.57
19.15
5.31
11.95
3.69
-2.21
8.34
12.89
13.22
Return on Invested Capital (%)
11.9
12.45
9.98
13.18
7.83
9.71
14.96
15.66
22.79
21.16
4.92
16.8
5.62
-2.61
8.11
12.89
13.49
Return on Capital (%)
15.2
14.87
11.68
16.01
9.6
12.53
18.84
18.62
27.64
30.39
6.32
30.27
10.57
-1.69
16.47
24.61
24.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,237
1,249
1,614
LT Borrowings
1,902
1,997
1,992
LT Finance Leases
2,290
2,310
2,346
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
179
179
177
Market Capitalization
31,925
30,017
24,212

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
11,967
11,977
12,280
Cash, Cash Equivalents & STI
1,699
1,520
1,494
Accounts Receivable, Net
3,428
2,635
3,492
Inventories
5,471
5,832
5,788
Total Current Liabilities
9,133
9,094
9,088
Payables & Accruals
- -
- -
- -
ST Debt
1,237
1,249
1,614
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.99%
0.2%
4.38%
Free Cash Flow
-22.71%
-70.76%
-88.44%
Net Income, GAAP
-77.54%
-167.36%
75.39%
Sales/Revenue/Turnover
4.49%
6.33%
4.76%
Total Cash Common Dividend
- -
- -
185.6%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,458
5,822
6,438
5,965
23,683
2025
6,153
5,952
6,630
6,076
24,811
2026
6,592
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.95
1.06
2.48
-0.22
4.28
2025
2.4
2.07
- -
0.46
7.5
2026
2.72
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.7
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -
Similar Companies
Lindex Group Oyj (LINDEX.HE)
Regal Corporation (7938.T)
Industria de Diseño Textil, S.A. (IDEXY)
Birkenstock Holding plc (BIRK)
Bizotic Commercial Limited (BIZOTIC.BO)
Winsome Yarns Ltd (WINSOME.BO)
Business
adidas AG (ADS.F), headquartered in Herzogenaurach, Germany, and founded in 1949 by Adolf Dassler, designs, manufactures, and markets athletic footwear, apparel, and accessories worldwide. The company offers a broad portfolio of products under the adidas brand, including Performance footwear such as Predator and F50 football boots, Adizero and Ultraboost running shoes, Dropset training shoes, and basketball models like AE1; Lifestyle icons including Samba, Gazelle, Handball Spezial, Campus, Stan Smith, Superstar, SL72, Terrace range, Low Profile silhouettes like Tokyo and Japan, Climacool 3D-printed shoes, and Aruku; apparel franchises such as Firebird, Z.N.E. collection, Tiro pants, MyShelter jackets, Optime leggings, and tracksuits; as well as accessories, gear, bags, balls, sunglasses, and fitness equipment; it operates in segments spanning football, running, training, basketball, tennis, golf, outdoor, and lifestyle Sportswear, with global sales channels including own retail, e-commerce, and wholesale partners across North America, Europe, Greater China, Japan, and other regions. In recent developments, adidas reports strong double-digit revenue growth of 12% currency-neutral in 2024, driven by momentum in Originals and Sportswear with collaborations including Bad Bunny, Wales Bonner, Edison Chen, Pharrell Williams, Gucci, and JJJJound; launches innovative products like Adizero Adios Pro 4, Adizero Evo SL, Supernova 2, Ultraboost 5, Duramo SL, Crazyquick padel shoes, Terrex Xperior jacket, and relaunches F50 and Superstar; expands partnerships with Mercedes-AMG PETRONAS F1 team, New South Wales Rugby League, French Rugby Federation, Ukrainian Football Association, Aitana Bonmatí, Lamine Yamal, and Travis Hunter while extending deals with UEFA Champions League, MLS, and others; invests 7% more in capital expenditures to €540 million for retail, IT, and logistics; and upgrades its full-year 2025 outlook amid robust Q2 2025 performance including 60-70 new store openings, though anticipates a €200 million tariff impact in the US second half of 2025.