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adidas AG (ADS) Ratios
adidas AG Ratios
DE:ADS's free cash flow for Q2 2026 was $895.00M. For the 2026 fiscal year, DE:ADS's free cash flow was decreased by $-99.00M and operating cash flow was $994.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.32 | 1.24 | 1.22 | 1.27 | 1.56 |
| Quick Ratio | 0.67 | 0.72 | 0.66 | 0.62 | 1.11 |
| Cash Ratio | 0.18 | 0.22 | 0.18 | 0.09 | 0.43 |
| Solvency Ratio | 0.17 | 0.13 | 0.03 | 0.10 | 0.18 |
| Operating Cash Flow Ratio | 0.08 | 0.30 | 0.32 | -0.06 | 0.36 |
| Short-Term Operating Cash Flow Coverage | 1.16 | 5.11 | 4.64 | -1.03 | 110.07 |
| Net Current Asset Value | $ -2.16B | $ -2.88B | $ -3.29B | $ -3.21B | $ -356.00M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.27 | 0.27 | 0.31 | 0.32 | 0.24 |
| Debt-to-Equity Ratio | 0.96 | 1.02 | 1.21 | 1.29 | 0.71 |
| Debt-to-Capital Ratio | 0.49 | 0.51 | 0.55 | 0.56 | 0.41 |
| Long-Term Debt-to-Capital Ratio | 0.26 | 0.26 | 0.35 | 0.37 | 0.25 |
| Financial Leverage Ratio | 3.51 | 3.77 | 3.93 | 4.07 | 2.94 |
| Debt Service Coverage Ratio | 3.06 | 2.89 | 0.93 | 2.44 | 18.97 |
| Interest Coverage Ratio | 9.00 | 6.82 | 1.70 | 4.88 | 17.12 |
| Debt to Market Cap | 0.09 | 0.06 | 0.09 | 0.15 | 0.05 |
| Interest Debt Per Share | 32.33 | 32.39 | 32.04 | 35.99 | 28.05 |
| Net Debt to EBITDA | 1.27 | 1.38 | 5.26 | 3.23 | 0.48 |
| Profitability Margins | |||||
| Gross Profit Margin | 47.12% | 50.77% | 47.52% | 47.28% | 50.70% |
| EBIT Margin | 7.94% | 5.67% | 1.31% | 2.35% | 9.27% |
| EBITDA Margin | 12.46% | 10.61% | 3.66% | 7.78% | 14.65% |
| Operating Profit Margin | 7.94% | 5.65% | 1.25% | 2.97% | 9.35% |
| Pretax Profit Margin | 7.34% | 4.73% | 0.31% | 1.72% | 8.72% |
| Net Profit Margin | 5.40% | 3.23% | -0.35% | 1.13% | 7.03% |
| Continuous Operations Profit Margin | 5.55% | 3.48% | -0.27% | 1.13% | 7.03% |
| Net Income Per EBT | 73.63% | 68.15% | -113.64% | 65.46% | 80.56% |
| EBT Per EBIT | 92.34% | 83.84% | 24.63% | 58.00% | 93.25% |
| Return on Assets (ROA) | 6.61% | 3.70% | -0.42% | 1.25% | 6.74% |
| Return on Equity (ROE) | 23.20% | 13.95% | -1.64% | 5.09% | 19.84% |
| Return on Capital Employed (ROCE) | 17.65% | 12.09% | 2.69% | 6.06% | 15.08% |
| Return on Invested Capital (ROIC) | 12.01% | 8.03% | -2.13% | 3.59% | 11.62% |
| Return on Tangible Assets | 7.20% | 4.03% | -0.46% | 1.37% | 7.26% |
| Earnings Yield | 4.44% | 1.81% | -0.23% | 1.09% | 3.03% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.20 | 8.72 | 11.18 | 7.84 | 9.37 |
| Payables Turnover | 4.51 | 3.77 | 4.94 | 4.08 | 4.56 |
| Inventory Turnover | 2.24 | 2.34 | 2.48 | 1.99 | 2.61 |
| Fixed Asset Turnover | 5.42 | 4.82 | 4.87 | 4.55 | 4.40 |
| Asset Turnover | 1.22 | 1.15 | 1.19 | 1.11 | 0.96 |
| Working Capital Turnover Ratio | 9.55 | 11.62 | 10.10 | 6.04 | 5.11 |
| Cash Conversion Cycle | 132.70 | 101.11 | 105.64 | 140.82 | 98.74 |
| Days of Sales Outstanding | 50.72 | 41.84 | 32.64 | 46.55 | 38.95 |
| Days of Inventory Outstanding | 162.93 | 156.20 | 146.89 | 183.71 | 139.77 |
| Days of Payables Outstanding | 80.95 | 96.93 | 73.88 | 89.44 | 79.98 |
| Operating Cycle | 213.65 | 198.04 | 179.53 | 230.27 | 178.72 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 4.21 | 16.30 | 14.28 | -2.96 | 16.44 |
| Free Cash Flow Per Share | 1.53 | 13.27 | 11.91 | -6.76 | 13.00 |
| Dividend Paid and CapEx Coverage Ratio | 0.90 | 4.38 | 4.05 | -0.42 | 2.55 |
| Capital Expenditure Coverage Ratio | 1.57 | 5.39 | 5.06 | -0.78 | 4.79 |
| Operating Cash Flow Coverage Ratio | 0.14 | 0.52 | 0.46 | -0.08 | 0.60 |
| Operating Cash Flow to Sales Ratio | 0.03 | 0.12 | 0.12 | -0.02 | 0.15 |
| Free Cash Flow Yield | 0.91% | 5.61% | 6.47% | -5.30% | 5.14% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 22.54 | 55.33 | -438.41 | 91.96 | 32.95 |
| Price-to-Sales (P/S) Ratio | 1.22 | 1.79 | 1.53 | 1.04 | 2.32 |
| Price-to-Book (P/B) Ratio | 5.23 | 7.72 | 7.18 | 4.68 | 6.54 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 110.17 | 17.84 | 15.47 | -18.87 | 19.47 |
| Price-to-Operating Cash Flow Ratio | 40.19 | 14.53 | 12.89 | -43.02 | 15.40 |
| Price-to-Earnings Growth (PEG) Ratio | 0.30 | -0.05 | 3.37 | -1.12 | 0.13 |
| Enterprise Value Multiple | 11.04 | 18.20 | 47.15 | 16.57 | 16.29 |
| Enterprise Value | 34.12B | 45.74B | 37.01B | 29.02B | 50.67B |
| EV to EBITDA | 11.04 | 18.20 | 47.15 | 16.57 | 16.29 |
| EV to Sales | 1.38 | 1.93 | 1.73 | 1.29 | 2.39 |
| EV to Free Cash Flow | 124.53 | 19.30 | 17.41 | -23.44 | 20.07 |
| EV to Operating Cash Flow | 45.44 | 15.72 | 14.51 | -53.44 | 15.87 |
| Tangible Book Value Per Share | 25.08 | 23.34 | 18.17 | 19.98 | 32.22 |
| Shareholders’ Equity Per Share | 32.35 | 30.67 | 25.65 | 27.23 | 38.72 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.26 | 1.88 | 0.35 | 0.19 |
| Revenue Per Share | 138.95 | 132.64 | 120.01 | 122.83 | 109.36 |
| Net Income Per Share | 7.50 | 4.28 | -0.42 | 1.39 | 7.68 |
| Tax Burden | 0.74 | 0.68 | -1.14 | 0.65 | 0.81 |
| Interest Burden | 0.92 | 0.84 | 0.24 | 0.73 | 0.94 |
| Research & Development to Revenue | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
| SG&A to Revenue | 0.44 | 0.46 | 0.09 | 0.07 | 0.07 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.41 | 2.60 | -21.43 | -1.40 | 1.72 |
Currency in EUR