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adidas AG logo

adidas AG

ADS.DERank #301Consumer CyclicalFootwear & Accessories

Market Cap

$30.7B

Global Rank

#301

All-Time High

$53.5B

2020-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 18% of the 367 companies we track (globally).
  • Equivalent to 0.6% of Germany's GDP (2025 data).
  • Just above: #300 Zoetis Inc. ($31.1B)
  • Just below: #302 Biogen Inc. ($30.1B)
  • Best year: 2016 (+69%). Worst year: 2022 (-49%).

$26.7B revenue · $2.2B operating income · $1.4B net income

  • Operating margin: 8.3% on $26.7B in revenue.
  • Net income margin: 5.4% — $1.4B in profit.
  • Free cash flow: $0.3B (1.1% of revenue).

Cost / Operating Expenses

Total operating expenses $24.5B

Total

$24.6B

Cost of revenue· Product / service delivery costs (COGS)$12.9B52.6%
Sales & marketing$9.6B39.2%
General & administrative$2.0B8.3%

Capital Expenditures

$0.5B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$0.3B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About adidas AG

Adidas AG is a German multinational athletic apparel and footwear corporation headquartered in Herzogenaurach, Germany. It is the largest sportswear manufacturer in Europe, and the second largest in the world, after Nike. It is the holding company for the Adidas Group, which also owns an 8.33% stake in the football club Bayern Munich, and Runtastictrian fitness technology company. Adidas's revenue for 2024 was listed at €23 billion. Adidas is known for its brand image, extensive long origin history for participating in sponsoring athletes, and gear in the FIFA World Cup series. The brand is also recognized for performance innovation of their shoes with ties within sports culture and durability with their focus of sport shoes, clothing, backpacks, and other accessories.

adidas AG Market Cap History (20262026)

adidas AG vs Sector Peers by Market Cap

BYD Company Limited1211.HK
$43.0B
JD.com, Inc.9618.HK
$39.6B
Bayerische Motoren Werke AktiengesellschaftBMW.DE
$38.7B
DENSO Corporation6902.T
$32.6B
adidas AGADS.DE
$30.7B
ANTA Sports Products Limited2020.HK
$26.8B
Rivian Automotive, Inc.RIVN
$23.6B
Tractor Supply CompanyTSCO
$18.4B

Compare adidas AG

Ranking History

YearMarket CapRankYoY Change
2026$30.7B#301(1)-3.5%
2025$31.8B#302(53)-28.0%
2024$44.1B#249(31)+29.0%
2023$34.2B#280(19)+45.1%
2022$23.6B#299(79)-48.7%
2021$46.0B#220(56)-14.1%
2020$53.5B#164(28)+2.8%
2019$52.1B#136(27)+61.0%
2018$32.3B#163(32)+10.6%
2017$29.2B#195(23)+12.6%
2016$26.0B#172(52)+69.4%
2015$15.3B#224(33)+59.3%
2014$9.6B#257(53)-36.6%
2013$15.2B#204(5)+39.8%
2012$10.8B#199(7)+36.2%
2011$8.0B#206(16)+4.4%
2010$7.6B#222(1)+30.5%
2009$5.8B#223(11)+42.0%
2008$4.1B#212(1)-46.4%
2007$7.7B#211(6)+37.1%
2006$5.6B#217(17)-5.0%
2005$5.9B#200(2)+36.1%
2004$4.3B#202(2)+32.9%
2003$3.3B#204(16)+11.1%
2002$2.9B#188(6)-1.3%
2001$3.0B#194(3)+29.5%
2000$2.3B#191(46)-9.1%
1999$2.5B#145(18)-20.8%
1998$3.2B#127

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FAQ

What is adidas AG's market cap?

adidas AG (ADS.DE) has a market capitalization of $30.7B, making it the #301 largest company in the world by market cap.

What was adidas AG's highest market cap?

adidas AG's all-time high market cap was $53.5B, reached in 2020-12-31. Its highest rank was #164 in 2020.

What sector is adidas AG in?

adidas AG is in the Consumer Cyclical sector, specifically the Footwear & Accessories industry. It is based in Germany.

How has adidas AG's market cap changed over time?

adidas AG has been tracked since 2026. Its market cap has grown by 0% from $30.7B in 2026 to $30.7B today.