adidas AG
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from adidas AG's yearly results (2022–2025), compared with companies in Germany. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every €100 of reported profit came with €306 of operating cash. Higher than 90% of companies in Germany.
Where €100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
€306Over the last 3 years, every €100 of reported profit came with €306 of operating cash.
Higher than 90% of companies in Germany.
Self-Funding Ratio
4.1×Over the last 3 years its own operating cash covered its investment spending (capex) 4.1 times.
Higher than 84% of companies in Germany.
Cash Locked Ratio
€19For every €100 of sales, €19 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against €22 tied up three years earlier.
More money tied up than 52% of companies in Germany.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Steadier than 57% of companies in Germany.
Growth Efficiency Ratio
€32Sales grew 10% in 3 years; of every extra €100 of sales, €32 became extra profit.
Higher than 71% of companies in Germany.
Asset Productivity Ratio
+10% / -0%In 3 years sales changed by +10% while total assets changed by -0%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
1.2×Debt due within a year is covered 1.2 times by its yearly operating cash.
Lower than 82% of companies in Germany.
Cash Cushion Ratio
−14%Debt, after subtracting cash, equals 14% of its market value (net debt).
Higher than 53% of companies in Germany.
Tangible Assets Ratio
92%Of every €100 the company owns, €92 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 64% of companies in Germany.
Tangible Net Worth Ratio
72%Of every €100 of net worth, €72 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 67% of companies in Germany.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
adidas AG owes €0.70 for every €1 it owns. Net profit rose 75% in the year to Dec 2025, and grew 30% a year on average over 3 years.
Compared with companies in Germany · latest annual results Dec 2025.
P/E ratio
20.4Investors pay €20.4 for every €1 of adidas AG's yearly profit, higher than 57% of companies in Germany.
P/B ratio
4.67The share price is 4.67 times adidas AG's book value per share, higher than 86% of companies in Germany.
Market cap
€27.8 BThe total market value of all of adidas AG's shares at today's price (share price × number of shares), smaller than 64% of companies in Germany. PosiCap size class: Tito Cap.
Net worth (book value)
€6.0 BWhat adidas AG would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
€34.02Net worth divided by the number of shares. The share price of €159.00 is 4.7 times this, which is the P/B above.
Return on equity (ROE)
24.3%adidas AG earned 24.3% on its shareholders' money over the last year, higher than 93% of companies in Germany.
Owes vs Owns
0.70×adidas AG owes €0.70 for every €1 it owns (moderate), higher than 67% of companies in Germany.
Dividend yield
1.77%adidas AG pays 1.77% of its share price as dividends a year, lower than 72% of dividend-paying companies in Germany.
Revenue growth
+5%Revenue rose 5% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Profit growth
+75%Net profit rose 75% in the year to Dec 2025, and grew 30% a year on average over 3 years.
Profit margin
5.4%adidas AG keeps €5 of every €100 of revenue as net profit.
Cash quality
0.6×Cash from adidas AG's business was 0.6× its reported profit in the year to Dec 2025 — less cash came in than the profit reported.
Interest cover
9.0×adidas AG's operating profit covered its interest costs 9.0 times in the year to Dec 2025.
Cash vs debt
Net debtadidas AG had €4.0 B more debt than cash (net debt) at Dec 2025.
Questions
What is adidas AG's P/E ratio?
Investors pay €20.4 for every €1 of adidas AG's yearly profit, higher than 57% of companies in Germany.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For adidas AG: €27.8 B ÷ €6.0 B (30 Jun 2026) = 4.7.
What is adidas AG's return on equity?
adidas AG earned 24.3% on its shareholders' money over the last year, higher than 93% of companies in Germany.
How much does adidas AG owe compared with what it owns?
adidas AG owes €0.70 for every €1 it owns (moderate), higher than 67% of companies in Germany.
Does adidas AG pay a dividend?
Yes. adidas AG pays 1.77% of its share price as dividends a year, lower than 72% of dividend-paying companies in Germany.
Is adidas AG's revenue growing?
Revenue rose 5% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.