adidas AG

As of June 30, 2026, adidas AG carries a market capitalization of 167.68B, placing it among publicly traded companies globally. Its enterprise value stands at 191.58B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

adidas AG's next confirmed earnings release is scheduled for October 29, 2026.

As of June 30, 2026, adidas AG has 175.06M shares outstanding.

As of June 30, 2026, adidas AG trades at a trailing price-to-earnings ratio of 23.45. The price-to-sales ratio is 1.24, and the price-to-book ratio stands at 5.37.

As of June 30, 2026, adidas AG trades at an EV/EBITDA multiple of 11.05 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.40 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.78 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. adidas AG trades at an EV/FCF ratio of 17.66, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 191.58B versus a market cap of 167.68B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, adidas AG maintains a current ratio of 1.39, meaning it holds 1.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 94.13, indicating elevated leverage, while an interest coverage ratio of 10.57 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, adidas AG posted a return on equity (ROE) of 24.73, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 13.57 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.80, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 13.26, useful for judging operating efficiency across full business cycles. The company generates approximately 2.13M in revenue per employee across its workforce of 64,212.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.25 indicates how many times adidas AG sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, adidas AG recorded 2.49B in income tax expense. That works out to an effective tax rate of 24.71, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 10.07B, leaving 7.23B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, adidas AG's stock has declined approximately 14.18% over the past 52 weeks. The 50-day moving average sits at 849.72, while the 200-day moving average is 850.58.

Over the twelve months ended June 30, 2026, adidas AG generated 136.48B in revenue and converted that into 7.23B in net income, yielding earnings per share of 42.92. EBITDA reached 17.34B, while operating income came in at 11.43B.

As of June 30, 2026, adidas AG holds 9.51B in cash and equivalents against 31.33B in total debt, resulting in a net debt position of 9.91B. Total book value stands at 31.22B, with working capital of 18.90B providing operational flexibility.

adidas AG produced 12.11B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -2.50B in capital expenditures, free cash flow totaled 9.61B - equivalent to 54.33 per share.

Over the twelve months ended June 30, 2026, adidas AG posted a gross margin of 51.58, reflecting its pricing power and cost economics. The operating margin of 8.37 and net profit margin of 5.30 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, adidas AG paid dividends of - - per share. The dividend payout ratio of - - indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.67, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.72, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to adidas AG shareholders.

adidas AG's most recent stock split took place on June 6, 2006 with a 1:4 split ratio.

As of June 30, 2026, adidas AG has an Altman Z-Score of 3.64, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.