adidas AGaa

adidas AG

256.40USDD
+1.47+0.58%
At close at Mar 7, 20:54 GMT
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ADDDF fundamentals

Key facts

Market capitalization‪45.78 B‬USD
Founded1989
Employees (FY)‪62.03 K‬
CEOBjørn Gulden
About

adidas AG engages in the design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following geographical segments: EMEA, North America, Greater China, Asia-Pacific, Latin America, and Other Businesses. The Other Businesses segment includes the activities of the Y-3 label and other subordinated businesses. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.

Ownership
‪‪178.55 M‬‬
Free Float shares
‪‪164.86 M‬‬ (92.33%)
Closely held shares
‪‪13.69 M‬‬ (7.67%)
Free Float shares
‪‪164.86 M‬‬ (92.33%)
Closely held shares
‪‪13.69 M‬‬ (7.67%)
Capital structure
Market cap
‪‪45.78 B‬‬
Debt
‪‪5.78 B‬‬
Minority interest
‪‪405.81 M‬‬
Cash & equivalents
‪‪2.62 B‬‬
Enterprise value
‪‪49.35 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪45.78 B‬‬
Price to earning ratio (P/E)
55.25x
Price to sales ratio (P/S)
1.78x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
55.25x
Price to sales ratio (P/S)
1.78x
Valuation ratios
‪0.00‬
‪0.50‬
‪1.00‬
‪1.50‬
‪2.00‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪70.00‬
‪140.00‬
‪210.00‬
‪280.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−10%‬
‪−5%‬
‪0%‬
‪5%‬
‪10%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−2.50 B‬‬
‪0.00‬
‪‪2.50 B‬‬
‪‪5.00 B‬‬
‪‪7.50 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−2.10 B‬‬
‪0.00‬
‪‪2.10 B‬‬
‪‪4.20 B‬‬
‪‪6.30 B‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−2.10 B‬‬
‪0.00‬
‪‪2.10 B‬‬
‪‪4.20 B‬‬
‪‪6.30 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Footwear
Apparel
Accessories and Gear
By country
Period: 2024
Europe
United States
Emerging Markets
China
Latin America
Germany
Japan/South Korea
North America
Greater China

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪2.00 B‬‬
‪‪4.00 B‬‬
‪‪6.00 B‬‬
‪‪8.00 B‬‬
Actual
Estimate
Earnings
Next:Apr 29, 2025
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪−1.00‬
‪0.00‬
‪1.00‬
‪2.00‬
‪3.00‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
0.00%
Payout ratio (TTM)
Dividend yield TTM
0.30%
Last payment
0.761
Last ex-date
May 17, 2024
Dividend history
‪0.35%‬
‪0.60%‬
‪0.85%‬
‪1.10%‬
‪1.35%‬
2020
2021
2022
2023
2024
‪0.00‬
‪1.00‬
‪2.00‬
‪3.00‬
‪4.00‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪1.70 B‬‬
‪‪3.40 B‬‬
‪‪5.10 B‬‬
‪‪6.80 B‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪3.50 B‬‬
‪‪7.00 B‬‬
‪‪10.50 B‬‬
‪‪14.00 B‬‬
Assets
Liabilities