adidas AG Tangible Net Worth Ratio

Latest as of March 2026: 93.0%

adidas AG tangible net worth ratio. adidas AG (ADS) has a Tangible Net Worth Ratio of 93.0% as of March 2026. This metric is calculated by deducting intangible assets (€443.00 Million) from net assets (€6.35 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore ADS year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

93.0%
Tangible equity / total equity

Net Assets (Equity)

€6.35 Billion
EUR

Intangible Assets

€443.00 Million
Goodwill, patents, brand value

Total Assets

€20.45 Billion
EUR

Tangible Net Worth Ratio of adidas AG (2013–2025)

Tangible net worth ratio of adidas AG from 2013 to 2025. This chart shows how adidas AG's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 93.0%, reflecting net assets of €6.35 Billion with intangible assets of €443.00 Million EUR. Check strategic asset allocation of adidas AG to assess the company's strategic physical and investment asset allocation.

adidas AG Tangible Net Worth Ratio by Year (2013–2025)

adidas AG tangible net worth ratio by year from 2013 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for adidas AG from 2013 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see ADS stock market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 92.8% €6.12 Billion €443.00 Million €20.26 Billion ▲ +0.0 pp
2024 92.7% €5.87 Billion €426.00 Million €20.66 Billion ▲ +1.7 pp
2023 91.0% €4.92 Billion €442.00 Million €18.02 Billion ▼ -1.0 pp
2022 92.0% €5.35 Billion €429.00 Million €20.30 Billion ▼ -3.5 pp
2021 95.5% €7.84 Billion €352.00 Million €22.14 Billion ▲ +10.5 pp
2020 85.0% €6.69 Billion €1.00 Billion €21.05 Billion ▲ +1.5 pp
2019 83.5% €7.06 Billion €1.16 Billion €20.68 Billion ▼ -0.2 pp
2018 83.7% €6.36 Billion €1.04 Billion €15.61 Billion ▲ +6.4 pp
2017 77.3% €6.43 Billion €1.46 Billion €14.52 Billion ▲ +5.9 pp
2016 71.4% €6.46 Billion €1.85 Billion €15.18 Billion ▲ +3.5 pp
2015 67.8% €5.65 Billion €1.82 Billion €13.34 Billion ▼ -3.8 pp
2014 71.6% €5.62 Billion €1.59 Billion €12.42 Billion ▲ +0.5 pp
2013 71.1% €5.48 Billion €1.58 Billion €11.60 Billion —
pp = percentage points