adidas AG (ADS1) — Cash Flow Reinvestment Rate
adidas AG (ADS1) 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 earnings quality score of adidas AG to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
adidas AG Cash Flow Reinvestment Rate (2016–2025)
Historical reinvestment intensity for adidas AG across 9 annual periods. Explore adidas AG cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Cash Flow Reinvestment Rate for adidas AG (2016–2025)
Year-by-year capital reinvestment analysis for adidas AG. For live market cap and broader valuation context, see ADS1 market cap overview.
| 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 | — |