adidas AG

WBAG:ADS Stock Report

Market Cap: €42.3b

adidas Past Earnings Performance

Past criteria checks 2/6

adidas's earnings have been declining at an average annual rate of -40.4%, while the Luxury industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 1% per year. adidas's return on equity is 8.1%, and it has net margins of 1.7%.

Key information

-40.4%

Earnings growth rate

-39.4%

EPS growth rate

Luxury Industry Growth13.8%
Revenue growth rate1.0%
Return on equity8.1%
Net Margin1.7%
Next Earnings Update05 Mar 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How adidas makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

WBAG:ADS Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2422,52938110,3670
30 Jun 2422,09019610,0990
31 Mar 2421,6118510,0450
31 Dec 2321,427-1199,9330
30 Sep 2321,821-17910,1620
30 Jun 2322,231-36810,2680
31 Mar 2322,483-10710,1870
31 Dec 2222,51122810,0780
30 Sep 2222,4448209,8600
30 Jun 2221,7861,2159,4210
31 Mar 2221,2681,2469,0270
31 Dec 2121,2341,4508,8160
30 Sep 2121,2371,4768,6060
30 Jun 2121,0471,5248,4610
31 Mar 2119,3229268,3650
31 Dec 2018,4354518,4640
30 Sep 2019,1324968,8090
30 Jun 2019,9816369,2030
31 Mar 2022,1381,3189,5380
31 Dec 1923,6401,9179,7090
30 Sep 1923,0351,8299,6480
30 Jun 1922,4981,8399,3530
31 Mar 1922,2501,7969,2160
31 Dec 1821,9151,7079,0270
30 Sep 1821,7381,6088,8400
30 Jun 1821,5421,50212,9730
31 Mar 1821,3191,4318,6420
31 Dec 1721,2181,3518,6360
30 Sep 1720,6621,36013,538149
30 Jun 1720,2071,2187,214149
31 Mar 1719,3681,1729,336149
31 Dec 1618,4831,0797,214149
30 Sep 1618,1501,0416,689139
30 Jun 1617,6869696,689139
31 Mar 1617,3948136,689139
31 Dec 1516,9156806,689139
30 Sep 1516,3586455,303126
30 Jun 1515,6445895,442126
31 Mar 1515,1375865,580126
31 Dec 1414,5345585,703126
30 Sep 1414,1146015,192124
30 Jun 1413,9496395,424124
31 Mar 1413,9326695,649124
31 Dec 1314,2037705,889124

Quality Earnings: ADS has high quality earnings.

Growing Profit Margin: ADS became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ADS's earnings have declined by 40.4% per year over the past 5 years.

Accelerating Growth: ADS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ADS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (2.4%).

Return on Equity

High ROE: ADS's Return on Equity (8.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 18:42
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

adidas AG is covered by 82 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hans-Peter WodniokAlphaValue
Daniela NedialkovaAtlantic Equities LLP
Volker BosseBaader Helvea Equity Research