adidas Past Earnings Performance

Past criteria checks 1/6

adidas's earnings have been declining at an average annual rate of -8.5%, while the Luxury industry saw earnings growing at 14.6% annually. Revenues have been declining at an average rate of 0.5% per year. adidas's return on equity is 13.2%, and it has net margins of 3.7%.

Key information

-8.5%

Earnings growth rate

-7.2%

EPS growth rate

Luxury Industry Growth13.8%
Revenue growth rate-0.5%
Return on equity13.2%
Net Margin3.7%
Next Earnings Update08 Mar 2023

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

BUL:ADS Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
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

Quality Earnings: ADS has high quality earnings.

Growing Profit Margin: ADS's current net profit margins (3.7%) are lower than last year (7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ADS's earnings have declined by 8.5% per year over the past 5 years.

Accelerating Growth: ADS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ADS had negative earnings growth (-44.4%) over the past year, making it difficult to compare to the Luxury industry average (5.7%).


Return on Equity

High ROE: ADS's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


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