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.
Apparel - Footwear & Accessories
DE, Herzogenaurach [HQ]
ADDDF/Financial Reporting
Income Statements
15 Sheets · Starting from 2009In Million EUR. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,381.00 | 11,990.00 | 13,344.00 | 14,883.00 | 14,492.00 | 14,534.00 | 16,915.00 | 19,291.00 | 21,218.00 | 21,915.00 | 23,640.00 | 19,844.00 | 21,234.00 | 22,511.00 | 21,427.00 | |
|
EPS
|
1.25 | 2.71 | 2.93 | 2.52 | 3.76 | 2.67 | 3.15 | 5.08 | 5.42 | 8.44 | 10.00 | 2.21 | 7.68 | 1.39 | -0.67 | |
| Diluted in mil. | 1.22 | 2.71 | 2.93 | 2.52 | 3.76 | 2.67 | 3.15 | 4.99 | 5.38 | 8.44 | 10.00 | 2.21 | 7.68 | 1.39 | -0.67 | |
|
Profit
|
4,712.00 | 5,730.00 | 6,344.00 | 7,103.00 | 7,140.00 | 6,924.00 | 8,167.00 | 9,379.00 | 10,704.00 | 11,363.00 | 12,293.00 | 9,854.00 | 10,765.00 | 10,644.00 | 10,183.00 | |
| Gross Margin | 45.39 | 47.79 | 47.54 | 47.73 | 49.27 | 47.64 | 48.28 | 48.62 | 50.45 | 51.85 | 52.00 | 49.66 | 50.70 | 47.28 | 47.52 | |
| Pre Tax | 358.00 | 806.00 | 927.00 | 851.00 | 1,134.00 | 835.00 | 1,039.00 | 1,444.00 | 2,023.00 | 2,378.00 | 2,558.00 | 575.00 | 1,852.00 | 388.00 | 66.00 | |
| Profit Margin | 3.45 | 6.72 | 6.95 | 5.72 | 7.83 | 5.75 | 6.14 | 7.49 | 9.53 | 10.85 | 10.82 | 2.90 | 8.72 | 1.72 | 0.31 | |
| ETR | 31.56 | 29.53 | 27.72 | 38.43 | 30.34 | 32.46 | 33.97 | 29.50 | 33.02 | 28.13 | 25.02 | 25.39 | 19.44 | 34.54 | 187.88 | |
| Net | 245.00 | 567.00 | 671.00 | 526.00 | 787.00 | 490.00 | 634.00 | 1,017.00 | 1,097.00 | 1,702.00 | 1,976.00 | 432.00 | 1,492.00 | 254.00 | -119.00 | |
| Profit Margin | 2.36 | 4.73 | 5.03 | 3.53 | 5.43 | 3.37 | 3.75 | 5.27 | 5.17 | 7.77 | 8.36 | 2.18 | 7.03 | 1.13 | -0.56 | |
| EBITDA | 826.00 | 1,189.00 | 1,295.00 | 1,477.00 | 1,547.00 | 1,296.00 | 1,491.00 | 1,863.00 | 2,563.00 | 2,941.00 | 3,945.00 | 2,220.00 | 3,179.00 | 1,960.00 | 785.00 | |
| EBITDA Margin | 7.96 | 9.92 | 9.70 | 9.92 | 10.67 | 8.92 | 8.81 | 9.66 | 12.08 | 13.42 | 16.69 | 11.19 | 14.97 | 8.71 | 3.66 | |
| Operating Income | 508.00 | 894.00 | 1,011.00 | 920.00 | 1,202.00 | 883.00 | 1,059.00 | 1,491.00 | 2,070.00 | 2,368.00 | 2,660.00 | 751.00 | 1,986.00 | 669.00 | 280.00 | |
| Operating Margin | 4.89 | 7.46 | 7.58 | 6.18 | 8.29 | 6.08 | 6.26 | 7.73 | 9.76 | 10.81 | 11.25 | 3.78 | 9.35 | 2.97 | 1.31 | |
| Interest Income | 19.00 | 25.00 | 31.00 | 35.00 | 25.00 | 17.00 | 20.00 | 21.00 | 25.00 | 24.00 | 50.00 | 25.00 | 12.00 | 23.00 | 121.00 | |
| Loss | -9,873.00 | -11,096.00 | -12,333.00 | -13,705.00 | -13,244.00 | -13,579.00 | -15,827.00 | -17,848.00 | -19,155.00 | -19,517.00 | -20,967.00 | -18,983.00 | -19,245.00 | -21,782.00 | -21,240.00 | |
| Cost of Revenue | -5,669.00 | -6,260.00 | -7,000.00 | -7,780.00 | -7,352.00 | -7,610.00 | -8,748.00 | -9,912.00 | -10,514.00 | -10,552.00 | -11,347.00 | -9,990.00 | -10,469.00 | -11,867.00 | -11,244.00 | |
|
Operating Expenses
|
-4,204.00 | -4,836.00 | -5,333.00 | -5,925.00 | -5,892.00 | -5,969.00 | -7,079.00 | -7,936.00 | -8,641.00 | -8,965.00 | -9,620.00 | -8,993.00 | -8,776.00 | -9,915.00 | -9,996.00 | |
| R&D | -86.00 | -102.00 | -115.00 | -128.00 | -128.00 | -126.00 | -139.00 | -164.00 | -187.00 | - - | -152.00 | -115.00 | -130.00 | -153.00 | -151.00 | |
| G&A | -1,391.00 | -855.00 | -977.00 | -1,136.00 | -1,127.00 | -1,050.00 | -1,350.00 | -1,690.00 | -1,765.00 | -1,576.00 | -1,652.00 | -1,461.00 | -1,481.00 | -1,651.00 | -1,839.00 | |
| SG&A | -4,304.00 | -4,327.00 | -4,731.00 | -6,022.00 | -6,005.00 | -6,078.00 | -7,151.00 | -8,099.00 | -8,696.00 | -9,027.00 | -9,691.00 | -8,996.00 | -8,810.00 | -10,015.00 | -9,933.00 | |
| S&M | -2,913.00 | -3,472.00 | -3,754.00 | -4,886.00 | -4,878.00 | -5,028.00 | -5,801.00 | -6,409.00 | -6,931.00 | -7,451.00 | -8,039.00 | -7,535.00 | -7,329.00 | -8,364.00 | -8,075.00 | |
| Depreciation and Amortization | -299.00 | -270.00 | -253.00 | -536.00 | -346.00 | -405.00 | -393.00 | -397.00 | -484.00 | -490.00 | -1,214.00 | -1,370.00 | -1,149.00 | -1,375.00 | -1,096.00 | |
| Interest Expenses | -169.00 | -113.00 | -115.00 | -97.00 | -73.00 | -62.00 | -65.00 | -70.00 | -62.00 | -42.00 | -160.00 | -164.00 | -177.00 | -137.00 | -160.00 | |
| Other Expenses | -150.00 | -88.00 | -84.00 | -327.00 | -114.00 | -120.00 | -49.00 | -1.00 | -40.00 | -20.00 | -102.00 | -176.00 | -134.00 | -281.00 | -214.00 | |
|
WA Shares Outstanding
|
196.00 | 209.00 | 209.00 | 209.00 | 209.00 | 208.00 | 201.00 | 200.00 | 202.00 | 201.00 | 197.00 | 195.00 | 194.00 | 183.00 | 177.00 | |
| Diluted | 209.00 | 209.00 | 209.00 | 209.00 | 209.00 | 208.00 | 201.00 | 206.00 | 204.00 | 201.00 | 197.00 | 195.00 | 194.00 | 183.00 | 178.00 |