See more : Jet.AI Inc. (JTAI) Income Statement Analysis – Financial Results
Complete financial analysis of adidas AG (ADDYY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of adidas AG, a leading company in the Apparel – Footwear & Accessories industry within the Consumer Cyclical sector.
You may be interested
- Surya Roshni Limited (SURYAROSNI.NS) Income Statement Analysis – Financial Results
- Equitech International Corporation (EQTL) Income Statement Analysis – Financial Results
- Newcrest Mining Limited (NCMGY) Income Statement Analysis – Financial Results
- Russel Metals Inc. (RUSMF) Income Statement Analysis – Financial Results
- China Wood International Holding Co., Limited (1822.HK) Income Statement Analysis – Financial Results
adidas AG (ADDYY)
Industry: Apparel - Footwear & Accessories
Sector: Consumer Cyclical
Website: https://www.adidas-group.com
About adidas AG
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.43B | 22.51B | 21.23B | 19.84B | 23.64B | 21.92B | 21.22B | 19.29B | 16.92B | 14.53B | 14.49B | 14.88B | 13.34B | 11.99B | 10.38B | 10.80B | 10.30B | 10.08B | 6.64B | 6.48B | 6.27B | 6.52B |
| Cost of Revenue | 11.24B | 11.87B | 10.47B | 9.99B | 11.35B | 10.55B | 10.51B | 9.91B | 8.75B | 7.61B | 7.35B | 7.78B | 7.00B | 6.26B | 5.67B | 5.54B | 5.42B | 5.59B | 3.44B | 3.42B | 3.45B | 3.70B |
| Gross Profit | 10.18B | 10.64B | 10.77B | 9.85B | 12.29B | 11.36B | 10.70B | 9.38B | 8.17B | 6.92B | 7.14B | 7.10B | 6.34B | 5.73B | 4.71B | 5.26B | 4.88B | 4.50B | 3.20B | 3.06B | 2.81B | 2.82B |
| Gross Profit Ratio | 47.52% | 47.28% | 50.70% | 49.66% | 52.00% | 51.85% | 50.45% | 48.62% | 48.28% | 47.64% | 49.27% | 47.73% | 47.54% | 47.79% | 45.39% | 48.67% | 47.40% | 44.58% | 48.18% | 47.21% | 44.90% | 43.22% |
| Research & Development | 151.00M | 153.00M | 130.00M | 115.00M | 152.00M | 153.00M | 187.00M | 164.00M | 139.00M | 126.00M | 128.00M | 128.00M | 115.00M | 102.00M | 86.00M | 81.00M | 84.00M | 98.00M | 63.00M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.84B | 1.65B | 1.48B | 1.46B | 1.65B | 1.58B | 1.77B | 1.69B | 1.35B | 1.05B | 1.13B | 1.14B | 977.00M | 855.00M | 1.39B | 1.31B | 1.21B | 1.11B | 2.43B | 2.38B | 2.23B | 2.25B |
| Selling & Marketing | 8.08B | 8.36B | 7.33B | 7.54B | 8.04B | 7.45B | 6.93B | 6.41B | 5.80B | 5.03B | 4.88B | 4.89B | 3.75B | 3.47B | 2.91B | 2.98B | 2.74B | 2.50B | 1.68B | 0.00 | 0.00 | 0.00 |
| SG&A | 9.93B | 10.02B | 8.81B | 9.00B | 9.69B | 9.03B | 8.70B | 8.10B | 7.15B | 6.08B | 6.01B | 6.02B | 4.73B | 4.33B | 4.30B | 4.30B | 3.95B | 3.61B | 2.43B | 2.38B | 2.23B | 2.25B |
| Other Expenses | -169.00M | -100.00M | -34.00M | -3.00M | -71.00M | -62.00M | -242.00M | -327.00M | -211.00M | -235.00M | -241.00M | -225.00M | 487.00M | 407.00M | -186.00M | -192.00M | -102.00M | -90.00M | 64.32M | 58.60M | 53.37M | 51.14M |
| Operating Expenses | 9.92B | 9.92B | 8.78B | 8.99B | 9.62B | 8.97B | 8.64B | 7.94B | 7.08B | 5.97B | 5.89B | 5.93B | 5.33B | 4.84B | 4.20B | 4.19B | 3.93B | 3.61B | 2.49B | 2.43B | 2.28B | 2.30B |
| Cost & Expenses | 21.16B | 21.78B | 19.25B | 18.98B | 20.97B | 19.52B | 19.16B | 17.85B | 15.83B | 13.58B | 13.24B | 13.71B | 12.33B | 11.10B | 9.87B | 9.73B | 9.35B | 9.20B | 5.93B | 5.85B | 5.73B | 6.00B |
| Interest Income | 39.00M | 23.00M | 12.00M | 25.00M | 50.00M | 24.00M | 25.00M | 21.00M | 20.00M | 17.00M | 25.00M | 35.00M | 31.00M | 25.00M | 19.00M | 37.00M | 36.00M | 39.00M | 41.59M | 17.95M | 0.00 | 0.00 |
| Interest Expense | 160.00M | 137.00M | 177.00M | 164.00M | 160.00M | 42.00M | 62.00M | 70.00M | 65.00M | 62.00M | 73.00M | 97.00M | 115.00M | 113.00M | 169.00M | 203.00M | 170.00M | 197.00M | 93.73M | 56.83M | 49.17M | 87.12M |
| Depreciation & Amortization | 1.21B | 1.22B | 1.14B | 1.24B | 1.16B | 470.00M | 484.00M | 373.00M | 393.00M | 405.00M | 346.00M | 536.00M | 253.00M | 270.00M | 299.00M | 234.00M | 215.00M | 217.00M | 128.49M | 162.40M | 155.17M | 159.53M |
| EBITDA | 1.44B | 1.90B | 3.11B | 2.08B | 3.93B | 2.90B | 2.57B | 1.86B | 1.50B | 1.30B | 1.53B | 1.48B | 1.23B | 1.19B | 826.00M | 1.34B | 1.20B | 1.14B | 877.00M | 732.89M | 642.53M | 636.76M |
| EBITDA Ratio | 6.71% | 8.71% | 14.97% | 11.19% | 16.69% | 13.42% | 12.08% | 9.66% | 8.81% | 8.92% | 10.67% | 9.92% | 9.70% | 9.92% | 7.96% | 12.42% | 11.65% | 11.28% | 13.22% | 10.70% | 9.54% | 9.07% |
| Operating Income | 268.00M | 669.00M | 1.99B | 751.00M | 2.66B | 2.37B | 2.07B | 1.49B | 1.06B | 883.00M | 1.20B | 920.00M | 1.01B | 894.00M | 508.00M | 1.07B | 949.00M | 881.00M | 707.46M | 580.18M | 490.01M | 476.62M |
| Operating Income Ratio | 1.25% | 2.97% | 9.35% | 3.78% | 11.25% | 10.81% | 9.76% | 7.73% | 6.26% | 6.08% | 8.29% | 6.18% | 7.58% | 7.46% | 4.89% | 9.91% | 9.21% | 8.74% | 10.66% | 8.96% | 7.82% | 7.31% |
| Total Other Income/Expenses | -203.00M | -281.00M | -134.00M | -168.00M | -102.00M | 11.00M | -47.00M | -46.00M | -20.00M | -48.00M | -68.00M | -69.00M | -142.00M | -88.00M | -150.00M | -166.00M | -134.00M | -158.00M | -52.00M | -58.52M | -51.83M | -86.51M |
| Income Before Tax | 65.00M | 388.00M | 1.85B | 575.00M | 2.56B | 2.38B | 2.02B | 1.44B | 1.04B | 835.00M | 1.13B | 851.00M | 927.00M | 806.00M | 358.00M | 904.00M | 815.00M | 723.00M | 655.32M | 520.16M | 438.19M | 390.11M |
| Income Before Tax Ratio | 0.30% | 1.72% | 8.72% | 2.90% | 10.82% | 10.85% | 9.53% | 7.49% | 6.14% | 5.75% | 7.83% | 5.72% | 6.95% | 6.72% | 3.45% | 8.37% | 7.91% | 7.17% | 9.88% | 8.03% | 6.99% | 5.98% |
| Income Tax Expense | 124.00M | 134.00M | 360.00M | 146.00M | 640.00M | 669.00M | 668.00M | 426.00M | 353.00M | 271.00M | 344.00M | 327.00M | 257.00M | 238.00M | 113.00M | 260.00M | 260.00M | 227.00M | 220.92M | 196.69M | 166.71M | 147.86M |
| Net Income | -75.00M | 254.00M | 1.49B | 432.00M | 1.98B | 1.70B | 1.10B | 1.02B | 634.00M | 490.00M | 787.00M | 526.00M | 613.00M | 567.00M | 245.00M | 642.00M | 551.00M | 483.00M | 383.00M | 314.25M | 260.09M | 228.57M |
| Net Income Ratio | -0.35% | 1.13% | 7.03% | 2.18% | 8.36% | 7.77% | 5.17% | 5.27% | 3.75% | 3.37% | 5.43% | 3.53% | 4.59% | 4.73% | 2.36% | 5.94% | 5.35% | 4.79% | 5.77% | 4.85% | 4.15% | 3.50% |
| EPS | -1.06 | 1.39 | 7.68 | 2.21 | 10.00 | 8.44 | 5.42 | 5.08 | 3.16 | 2.68 | 3.76 | 2.52 | 2.94 | 2.72 | 1.26 | 3.26 | 2.72 | 2.38 | 4.34 | 3.50 | 1.44 | 1.26 |
| EPS Diluted | -0.67 | 1.39 | 7.68 | 2.21 | 10.00 | 8.44 | 5.38 | 5.00 | 3.16 | 2.68 | 3.76 | 2.52 | 2.94 | 2.72 | 1.22 | 3.08 | 2.58 | 2.26 | 4.08 | 3.32 | 1.44 | 1.26 |
| Weighted Avg Shares Out | 111.94M | 183.26M | 194.17M | 195.16M | 197.61M | 201.76M | 202.39M | 200.19M | 201.54M | 208.78M | 209.22M | 209.22M | 209.22M | 209.22M | 196.22M | 197.56M | 203.59M | 203.39M | 186.95M | 182.60M | 181.81M | 181.46M |
| Weighted Avg Shares Out (Dil) | 178.56M | 183.27M | 194.18M | 195.16M | 197.61M | 201.76M | 204.24M | 206.15M | 201.54M | 208.78M | 209.22M | 209.22M | 209.22M | 209.22M | 209.24M | 213.33M | 219.47M | 219.40M | 203.53M | 198.68M | 181.81M | 181.51M |
Adidas shares fall after cautious 2024 outlook
Adidas shares fell on Thursday after the sportswear maker delivered a forecast for 2024 well below analysts' expectations, based on limited profits from selling off its last stocks of Yeezy shoes after its break-up with Kanye West.
Adidas Sees Challenges in North America
The company's comments that the year got off to a lackluster start sent athletic stocks lower Wednesday.
Adidas won't write off remaining Yeezy inventory, plans to sell 'at least' at cost
Adidas won't write off the majority of its unsold Yeezy inventory after its breakup with Ye, the rapper formerly known as Kanye West, over antisemitism.
Adidas Sales, Earnings Beat Guidance After Decision Not to Write off Most Yeezy Inventory
The German sporting-goods company said sales on a currency neutral basis were flat last year compared with 2022.
Focus: Walmart and Adidas cargo aboard, one ship's voyage to avoid the Red Sea
When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S. East Coast, it was carrying cargo for retailers and clothing brands including Walmart , H&M , Adidas and ASOS ,...
Nike stock plunges and takes rivals like Under Armour and Adidas with it
Nike stock was down Friday after the company lowered its outlook. The company said it planned $2 billion in cuts, which could include layoffs.
JD Sports, adidas and Puma knocked by downbeat Nike outlook
JD Sports Fashion PLC (LSE:JD.) and other leading European sportswear retailers fell sharply on Friday after Nike gave a downbeat outlook for 2024.
Adidas, Puma, and JD Sports shares slump after Nike warning
Shares in the world's top sportswear companies slumped on Friday after apparel giant Nike lowered its sales forecasts, warning of a drop in consumer spending, and outlined plans to make $2 billion worth of cost savings over the next three...
Kanye West unveils first Yeezy shoe ‘since liberation from Adidas' after company cut ties over antisemitism
"Our first product since liberation from Adidas goes on presale today, $200 at yeezy.com. Accept no imitations," read the image on Ye's X account.
JD Sports and Adidas stands in luxury/sports for 2024, says JP Morgan
JD Sports is one of two standouts in a generally strong sportswear sector, according to the analysts at JP Morgan. The trainer specialist offers the best combination of growth, margins, returns and valuation in the sector, with well-underpinned estimates for...
Source: https://incomestatements.info
Category: Stock Reports