OverviewSuggest Edit

Adidas is a global sporting goods company manufacturing apparel, accessories, and footwear for professional athletes. It designs, develops, produces, and markets clothing items, shoes, equipment, mobile accessories, watches, eyewear, bags, baseball caps, and socks. Adidas also offers a branded range of male and female deodorants, perfumes, aftershave, and lotions.
TypePublic
Founded1949
HQHerzogenaurach, DE
Websiteadidas-group.com
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)59,533(+5%)
Job Openings1,860
Revenue (FY, 2019)€23.6 B(+8%)
Share Price (May 2021)€279.9(+9%)
Cybersecurity ratingCMore

Key People/Management at Adidas

Kasper Rorsted

Kasper Rorsted

Chief Executive Officer
Roland Auschel

Roland Auschel

Member of the Executive Board responsible for Global Sales
Harm Ohlmeyer

Harm Ohlmeyer

Member of the Executive Board responsible for Finance
Karen Parkin

Karen Parkin

Member of the Executive Board responsible for Global Human Resources
Martin Shankland

Martin Shankland

Member of the Executive Board responsible for Global Operations
Brian Grevy

Brian Grevy

Member of the Executive Board responsible for Global Brands
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Adidas Office Locations

Adidas has offices in Herzogenaurach, Boston, Portland, Shanghai and in 6 other locations
Herzogenaurach, DE (HQ)
Adi-Dassler-Straße 1
Shanghai, CN
Xujiahui TWO ITC, No. 160, Gongcheng Road, Xuhui District
Hong Kong, HK
10/F, Cityplaza Four, 10th floor 12 Taikoo Wan Road Taikoo Shing, Island East
Amsterdam-Zuidoost, NL
Hoogoorddreef 9-A
Panamá, PA
Business Park Ave. Principal y Ave. La Rotonda Torre Sur
Moskva, RU
Krylatskaya
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Adidas Financials and Metrics

Adidas Revenue

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Adidas's revenue was reported to be €23.64 b in FY, 2019 which is a 7.9% increase from the previous period.
EUR

Revenue (FY, 2019)

23.6b

Revenue growth (FY, 2018 - FY, 2019), %

7.9%

Gross profit (FY, 2019)

12.3b

Gross profit margin (FY, 2019), %

52%

Net income (FY, 2019)

2.0b

EBIT (FY, 2019)

2.7b

Market capitalization (7-May-2021)

54.1b

Closing stock price (7-May-2021)

279.9

Cash (31-Dec-2019)

2.2b

EV

56.7b
Adidas's current market capitalization is €54.1 b.
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

16.9b19.3b21.2b21.9b23.6b

Revenue growth, %

16%14%10%3%8%

Cost of goods sold

8.7b9.9b10.5b10.6b11.3b

Gross profit

8.2b9.4b10.7b11.4b12.3b
Quarterly
EURQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

4.8b4.4b5.4b5.7b5.0b5.7b5.5b5.3b5.9b5.9b5.5b6.4b

Cost of goods sold

2.4b2.3b2.8b2.9b2.5b2.8b2.7b2.5b2.8b2.7b2.6b3.1b

Gross profit

2.4b2.2b2.6b2.8b2.5b2.9b2.8b2.8b3.0b3.2b2.9b3.3b

Gross profit Margin, %

49%49%48%49%50%50%51%52%52%54%53%52%
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.4b1.5b1.6b2.6b2.2b

Accounts Receivable

2.0b2.2b2.3b2.4b2.6b

Inventories

3.1b3.8b3.7b3.4b4.1b

Current Assets

7.5b8.9b8.6b9.8b10.9b
Quarterly
EURQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.3b1.1b1.3b1.5b1.2b1.3b1.6b1.3b2.2b2.6b2.5b2.3b

Accounts Receivable

2.5b2.4b2.7b2.9b2.5b2.8b2.8b2.8b3.0b3.0b2.8b3.2b

Inventories

2.9b3.5b3.2b3.6b3.6b3.4b3.2b3.4b3.2b3.3b3.6b3.7b

Current Assets

7.7b8.1b8.3b9.3b8.9b9.1b8.8b8.7b9.8b10.3b10.2b10.9b
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Depreciation and Amortization

393.0m397.0m484.0m490.0m1.2b

Inventories

(639.0m)(621.0m)(216.0m)180.0m(505.0m)

Accounts Payable

823.0m1.0b422.0m741.0m951.0m

Cash From Operating Activities

1.1b1.3b1.6b2.6b2.8b
EURFY, 2015

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.4 x
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Adidas Operating Metrics

Adidas's Stores was reported to be 2.5 k in FY, 2019.
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Adidas Acquisitions / Subsidiaries

Company NameDateDeal Size
RuntasticAugust 05, 2015$240 m
Adams GolfJune 30, 2012
Five Ten USANovember 04, 2011
TextronicsDecember 08, 2008
Mitchell & NessNovember 12, 2007
ReebokAugust 03, 2005$3.8 b
Salomon AGSeptember 17, 1997$1.4 b
adidas America, Inc.
adidas anticipation GmbH
adidas Argentina S.A.
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Adidas Revenue Breakdown

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Adidas revenue breakdown by business segment: 37.9% from Apparel, 57.2% from Footwear and 4.9% from Other

Adidas revenue breakdown by geographic segment: 5.5% from Emerging Markets, 34.0% from Asia-Pacific, 25.7% from Europe, 7.0% from Latin America, 22.5% from North America and 5.3% from Other

Human Capital Metrics

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Adidas Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Adidas Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Adidas Online and Social Media Presence

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Adidas Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    B

    70/100

  • Compensation

    A+

    88/100

Learn more on Comparably

Adidas News and Updates

Adidas is trying to have it both ways on Xinjiang

Adidas is trying to win back Chinese shoppers after being caught up in the March uproar over its stances on Xinjiang.

Europe Markets: European stocks hover at record highs, led by Adidas, while U.S. futures steady ahead of April jobs report

Earnings news was driving shares of Adidas and Siemens higher and boosting European stocks, as investors waited for an all-important U.S. jobs report later. U.S. stock futures are flat.

Adidas upgrades outlook for 2021 with sales expected to grow almost 20%

Adidas is more confident about sales this year as it notes stronger-than-expected demand for its products and a "healthy brand momentum."

Adidas Releases Recyclable Sneaker For The Circular Economy

The fashion industry has been coming under fire in recent years for its environmental impact. Not only does the industry have a large carbon footprint, but many of the materials it uses are damaging for ocean environments. Sustainability has become a key concern for conscious consumers, and this has…

Adidas, Nike Online Sales Plunged in China Amid Xinjiang Boycott

Adidas, Nike Online Sales Plunged in China Amid Xinjiang Boycott

Adidas delivers new running shoe developed with 3D printing technology

Designers of athletic equipment have used 3D printing for a number of years; it’s one of the larger markets of this technology. In particular, these designers use lattices to deliver specific mechanical properties to sports equipment. One of the latest examples is the new 4DFWD running shoe by adida…
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Adidas Frequently Asked Questions

  • When was Adidas founded?

    Adidas was founded in 1949.

  • Who are Adidas key executives?

    Adidas's key executives are Kasper Rorsted, Roland Auschel and Harm Ohlmeyer.

  • How many employees does Adidas have?

    Adidas has 59,533 employees.

  • What is Adidas revenue?

    Latest Adidas annual revenue is €23.6 b.

  • What is Adidas revenue per employee?

    Latest Adidas revenue per employee is €397.1 k.

  • Who are Adidas competitors?

    Competitors of Adidas include Reebok, New Balance and ASICS.

  • Where is Adidas headquarters?

    Adidas headquarters is located at Adi-Dassler-Straße 1, Herzogenaurach.

  • Where are Adidas offices?

    Adidas has offices in Herzogenaurach, Boston, Portland, Shanghai and in 6 other locations.

  • How many offices does Adidas have?

    Adidas has 10 offices.