adidas AG (ADS1) — Free Cash Flow Generation Index
adidas AG (ADS1) has a Free Cash Flow Generation Index of 0.90x as of June 2026. Free cash flow of €895.00 Million represents 1% of operating cash flow (€994.00 Million). Explore ADS1 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
adidas AG Free Cash Flow Generation Index (2016–2025)
Historical FCF Generation Index trend for adidas AG across 9 annual periods. For the full cash flow conversion analysis, see adidas AG (ADS1) cash conversion ratio.
Annual Free Cash Flow Generation for adidas AG (2016–2025)
Year-by-year Free Cash Flow Generation Index for adidas AG. Check adidas AG (ADS1) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.36x | €274.00 Million | €751.00 Million | €477.00 Million | ▼ -55.2% |
| 2024 | 0.81x | €2.37 Billion | €2.91 Billion | €540.00 Million | ▲ +1.5% |
| 2023 | 0.80x | €2.05 Billion | €2.55 Billion | €504.00 Million | ▲ +1.4% |
| 2021 | 0.79x | €2.52 Billion | €3.19 Billion | €494.00 Million | ▲ +12.7% |
| 2020 | 0.70x | €1.04 Billion | €1.49 Billion | €368.00 Million | ▼ -6.3% |
| 2019 | 0.75x | €2.11 Billion | €2.82 Billion | €598.00 Million | ▲ +3.7% |
| 2018 | 0.72x | €1.94 Billion | €2.69 Billion | €611.00 Million | ▲ +32.8% |
| 2017 | 0.54x | €896.00 Million | €1.65 Billion | €678.00 Million | ▼ -63.3% |
| 2016 | 1.48x | €2.00 Billion | €1.35 Billion | €651.00 Million | — |