adidas AG Total Assets
adidas AG total assets. Based on the latest financial reports, adidas AG (ADS1) holds total assets worth €21.06 Billion EUR (≈ $24.63 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see how much is adidas AG worth for the company's overall valuation and market capitalisation.
Total Assets of adidas AG (2016–2025)
Total assets of adidas AG from 2016 to 2025. This chart illustrates how adidas AG's total assets have evolved over time, based on quarterly financial data. See adidas AG (ADS1) share price today for real-time trading data and today's change.
adidas AG - Asset Composition Analysis
adidas AG Total Assets Breakdown (December 2025)
adidas AG total assets breakdown as of December 2025. adidas AG's total assets of €21.06 Billion consist of 59.1% current assets and 40.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.6% |
| Accounts Receivable | €2.63 Billion | 13.0% |
| Inventory | €5.83 Billion | 28.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €443.00 Million | 2.2% |
| Goodwill | €1.20 Billion | 5.9% |
Asset Composition Trend (2016–2025)
This chart illustrates how adidas AG's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore adidas AG (ADS1) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: adidas AG's current assets represent 59.1% of total assets in 2025, an increase from 58.6% in 2016.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2025, down from 10.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, a decrease from 21.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 28.8% of total assets.
adidas AG Competitors by Total Assets
Key competitors of adidas AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PUMA SE
XETRA:PUM
|
Germany | €7.06 Billion |
|
Anhui Korrun Co Ltd
SHE:300577
|
China | CN¥5.88 Billion |
|
Harson Trading China Co Ltd
SHG:603958
|
China | CN¥1.78 Billion |
|
Liberty Shoes Limited
NSE:LIBERTSHOE
|
India | Rs5.11 Billion |
|
Merchant House International Ltd
AU:MHI
|
Australia | AU$24.11 Million |
|
Vulcabras Azaleia S.A
SA:VULC3
|
Brazil | R$4.02 Billion |
|
Grendene S.A
SA:GRND3
|
Brazil | R$3.82 Billion |
|
Alpargatas S.A
SA:ALPA3
|
Brazil | R$6.29 Billion |
adidas AG - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.39 | 1.25 | 1.66 |
| Quick Ratio | 0.74 | 0.67 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €3.61 Billion | €2.27 Billion | €5.62 Billion |
adidas AG - Advanced Valuation Insights
This section examines the relationship between adidas AG's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.32 |
| Latest Market Cap to Assets Ratio | 1.25 |
| Asset Growth Rate (YoY) | -1.9% |
| Total Assets | €20.26 Billion |
| Market Capitalization | $25.38 Billion USD |
Valuation Analysis
Above Book Valuation: The market values adidas AG's assets above their book value (1.25x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: adidas AG's assets decreased by 1.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for adidas AG (2016–2025)
The table below shows the annual total assets of adidas AG from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €20.26 Billion ≈ $23.69 Billion |
-1.90% |
| 2024-12-31 | €20.66 Billion ≈ $24.15 Billion |
+14.62% |
| 2023-12-31 | €18.02 Billion ≈ $21.07 Billion |
-11.21% |
| 2022-12-31 | €20.30 Billion ≈ $23.73 Billion |
-8.32% |
| 2021-12-31 | €22.14 Billion ≈ $25.88 Billion |
+5.15% |
| 2020-12-31 | €21.05 Billion ≈ $24.61 Billion |
+1.80% |
| 2019-12-31 | €20.68 Billion ≈ $24.18 Billion |
+32.46% |
| 2018-12-31 | €15.61 Billion ≈ $18.25 Billion |
+7.51% |
| 2017-12-31 | €14.52 Billion ≈ $16.98 Billion |
-4.31% |
| 2016-12-31 | €15.18 Billion ≈ $17.74 Billion |
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About adidas AG
adidas AG, together with its subsidiaries, designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally. The company offers footwear and apparel, as well as accessories and gear, including bags, balls, sunglasses, and fitness equipment under the adidas brand; golf footwear… Read more