adidas AG (ADS) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.25x

adidas AG (ADS) has a Cash Flow Reinvestment Rate of 0.25x as of December 2025, reinvesting €253.00 Million (capex €187.00 Million plus investments €-66.00 Million) from operating cash flow of €1.03 Billion. Check ADS cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.25x
(Capex + Investments) / Operating CF

Total Reinvested

€253.00 Million
Capex + Investments

Operating Cash Flow

€1.03 Billion
EUR

Capital Expenditures

€187.00 Million
EUR

adidas AG Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for adidas AG across 12 annual periods. Explore adidas AG long-term investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for adidas AG (2013–2025)

Year-by-year capital reinvestment analysis for adidas AG. For live market cap and broader valuation context, see ADS company net worth.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.75x €565.00 Million €751.00 Million €477.00 Million ▲ +289.6%
2024 0.19x €562.00 Million €2.91 Billion €540.00 Million ▼ -6.6%
2023 0.21x €527.00 Million €2.55 Billion €504.00 Million ▲ +21.5%
2021 0.17x €543.00 Million €3.19 Billion €494.00 Million ▼ -58.4%
2020 0.41x €608.00 Million €1.49 Billion €368.00 Million ▲ +19.9%
2019 0.34x €962.00 Million €2.82 Billion €598.00 Million ▲ +37.4%
2018 0.25x €667.00 Million €2.69 Billion €611.00 Million ▼ -49.5%
2017 0.49x €810.00 Million €1.65 Billion €678.00 Million ▼ -47.6%
2016 0.94x €1.26 Billion €1.35 Billion €651.00 Million ▲ +99.8%
2015 0.47x €512.00 Million €1.09 Billion €464.00 Million ▼ -34.1%
2014 0.71x €500.00 Million €701.00 Million €499.00 Million ▼ -28.0%
2013 0.99x €628.00 Million €634.00 Million €422.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow