adidas AG (ADS1) — Cash Flow Quality Index

Latest as of June 2026: 2.80x

adidas AG (ADS1) has a Cash Flow Quality Index of 2.80x as of June 2026. Operating cash flow of €994.00 Million exceeds net income of €355.00 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of adidas AG to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.80x
Operating CF / Net Income

Operating Cash Flow

€994.00 Million
EUR

Net Income

€355.00 Million
EUR

Data as of

Jun 2026
Most recent filing

adidas AG Cash Flow Quality Index (2016–2025)

Historical Cash Flow Quality Index for adidas AG across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ADS1 cash generation efficiency.

Annual Cash Flow Quality Index for adidas AG (2016–2025)

Year-by-year earnings quality comparison for adidas AG.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 0.56x €751.00 Million €1.34 Billion ▼ -85.3%
2024 3.81x €2.91 Billion €764.00 Million ▲ +529.3%
2022 -0.89x €-543.00 Million €612.00 Million ▼ -158.8%
2021 1.51x €3.19 Billion €2.12 Billion ▼ -56.1%
2020 3.44x €1.49 Billion €432.00 Million ▲ +141.1%
2019 1.43x €2.82 Billion €1.98 Billion ▼ -9.6%
2018 1.58x €2.69 Billion €1.70 Billion ▲ +5.0%
2017 1.50x €1.65 Billion €1.10 Billion ▲ +13.3%
2016 1.33x €1.35 Billion €1.02 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.