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ADDDF (adidas AG) Net Margin % : 6.88% (As of Sep. 2024)


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What is adidas AG Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. adidas AG's Net Income for the three months ended in Sep. 2024 was $492 Mil. adidas AG's Revenue for the three months ended in Sep. 2024 was $7,145 Mil. Therefore, adidas AG's net margin for the quarter that ended in Sep. 2024 was 6.88%.

The historical rank and industry rank for adidas AG's Net Margin % or its related term are showing as below:

ADDDF' s Net Margin % Range Over the Past 10 Years
Min: -0.35   Med: 4.46   Max: 9.97
Current: 1.88


ADDDF's Net Margin % is ranked worse than
56.5% of 1039 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75 vs ADDDF: 1.88

adidas AG Net Margin % Historical Data

The historical data trend for adidas AG's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

adidas AG Net Margin % Chart

adidas AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.36 2.34 9.97 2.72 -0.35

adidas AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.32 -7.88 3.11 3.26 6.88

Competitive Comparison of adidas AG's Net Margin %

For the Footwear & Accessories subindustry, adidas AG's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


adidas AG's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Net Margin % distribution charts can be found below:

* The bar in red indicates where adidas AG's Net Margin % falls into.



adidas AG Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

adidas AG's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-81.788/23366.412
=-0.35 %

adidas AG's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=491.676/7145.394
=6.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


adidas AG  (OTCPK:ADDDF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


adidas AG Net Margin % Related Terms

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adidas AG Business Description

Address
Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 1,900 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 67 countries. The company was founded in 1949 in Germany.

adidas AG Headlines

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