adidas AG (ADS1) - Cash Flow Conversion Efficiency
Based on the latest financial reports, adidas AG (ADS1) has a cash flow conversion efficiency ratio of 0.105x as of September 2025. 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 (€641.00 Million ≈ $749.40 Million USD) by net assets (€6.08 Billion ≈ $7.11 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
adidas AG - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how adidas AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ADS1 total debt and obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
GE HEALTHCARE TECH.INC.
F:L0T
|
N/A |
|
Zijin Mining Group Company Limited
F:FJZ
|
0.033x |
|
Kongsberg Gruppen ASA
OL:KOG
|
0.565x |
|
adidas AG
F:ADS
|
0.105x |
|
Talanx AG
XETRA:TLX
|
0.183x |
|
IQVIA Holdings Inc
NYSE:IQV
|
0.408x |
|
Coupang LLC
NYSE:CPNG
|
0.004x |
|
Kraft Heinz Co
NASDAQ:KHC
|
0.033x |
Annual Cash Flow Conversion Efficiency for adidas AG (2016–2024)
The table below shows the annual cash flow conversion efficiency of adidas AG from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see adidas AG (ADS1) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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 | -- |
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