adidas AG (ADS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, adidas AG (ADS) has a cash flow conversion efficiency ratio of -0.055x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-350.00 Million ≈ $-409.19 Million USD) by net assets (€6.35 Billion ≈ $7.42 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is adidas AG's balance sheet to measure how much of total assets are equity-financed.
adidas AG - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how adidas AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check adidas AG (ADS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
adidas AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of adidas AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kenvue Inc.
NYSE:KVUE
|
0.028x |
|
Bajaj Finserv Limited
NSE:BAJAJFINSV
|
-0.180x |
|
SANDVIK AB SP.ADR
F:SVK
|
0.046x |
|
Crown Castle
NYSE:CCI
|
-1.870x |
|
Transurban Group
AU:TCL
|
0.108x |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
-0.009x |
|
Orix Corp Ads
F:OIXA
|
0.068x |
|
Viking Holdings Ltd
NYSE:VIK
|
0.742x |
Annual Cash Flow Conversion Efficiency for adidas AG (2013–2025)
The table below shows the annual cash flow conversion efficiency of adidas AG from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see ADS market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €6.12 Billion ≈ $7.16 Billion |
€751.00 Million ≈ $878.00 Million |
0.123x | -75.28% |
| 2024-12-31 | €5.87 Billion ≈ $6.86 Billion |
€2.91 Billion ≈ $3.40 Billion |
0.496x | -4.22% |
| 2023-12-31 | €4.92 Billion ≈ $5.76 Billion |
€2.55 Billion ≈ $2.98 Billion |
0.518x | +610.23% |
| 2022-12-31 | €5.35 Billion ≈ $6.26 Billion |
€-543.00 Million ≈ $-634.82 Million |
-0.101x | -124.91% |
| 2021-12-31 | €7.84 Billion ≈ $9.16 Billion |
€3.19 Billion ≈ $3.73 Billion |
0.407x | +83.39% |
| 2020-12-31 | €6.69 Billion ≈ $7.82 Billion |
€1.49 Billion ≈ $1.74 Billion |
0.222x | -44.40% |
| 2019-12-31 | €7.06 Billion ≈ $8.25 Billion |
€2.82 Billion ≈ $3.30 Billion |
0.399x | -5.35% |
| 2018-12-31 | €6.36 Billion ≈ $7.44 Billion |
€2.69 Billion ≈ $3.14 Billion |
0.422x | +64.80% |
| 2017-12-31 | €6.43 Billion ≈ $7.52 Billion |
€1.65 Billion ≈ $1.93 Billion |
0.256x | +22.64% |
| 2016-12-31 | €6.46 Billion ≈ $7.55 Billion |
€1.35 Billion ≈ $1.58 Billion |
0.209x | +8.21% |
| 2015-12-31 | €5.65 Billion ≈ $6.60 Billion |
€1.09 Billion ≈ $1.27 Billion |
0.193x | +54.64% |
| 2014-12-31 | €5.62 Billion ≈ $6.57 Billion |
€701.00 Million ≈ $819.54 Million |
0.125x | +7.89% |
| 2013-12-31 | €5.48 Billion ≈ $6.41 Billion |
€634.00 Million ≈ $741.21 Million |
0.116x | -- |
About adidas AG
adidas AG, together with its subsidiaries, designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally. The company offers footwear and apparel, as well as accessories and gear, including bags, balls, sunglasses, and fitness equipment under the adidas brand; golf footwear… Read more