adidas AG (XSWX:ADS) Tax Rate %: 24.92% (As of Mar. 2026)


XSWX:ADS adidas AG XSWX:ADS
82 GF Score
Price CHF162.00
GF Value CHF191.78
Valuation Modestly Undervalued
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What is adidas AG Tax Rate %?

adidas AG XSWX:ADS 82 Tax Rate % is 24.92% as of Mar. 2026. GuruFocus rates XSWX:ADS with a GF Score™ of 82/100 and a GF Value™ of CHF191.78 (Modestly Undervalued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. adidas AG's Tax Expense for the three months ended in Mar. 2026 was CHF147 Mil. adidas AG's Pre-Tax Income for the three months ended in Mar. 2026 was CHF588 Mil. Therefore, adidas AG's Tax Rate % for the quarter that ended in Mar. 2026 was 24.92%.

adidas AG Tax Rate % Related Terms

adidas AG Tax Rate % Historical Data

* Premium members only.

The historical data trend for adidas AG's Tax Rate % 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.

adidas AG Tax Rate % Chart

adidas AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.44 34.54 190.77 26.49 24.34

adidas AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 25.47 23.36 26.00 12.50 24.92
XSWX:ADS
82GF Score
adidas AG XSWX:ADS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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adidas AG Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

adidas AG's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=413.38/1698.311
=24.34 %

adidas AG's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=146.538/587.972
=24.92 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.92% mean?
adidas AG (XSWX:ADS) has a Tax Rate % of 24.92% as of Mar. 2026.
Is adidas AG's Tax Rate % too high?
adidas AG's current Tax Rate % is 24.92%. Overall, adidas AG has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Tax Rate % compare to NKE and DECK?
adidas AG's Tax Rate % of 24.92% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. adidas AG's current Tax Rate % is 24.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (XSWX:ADS) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF191.78, compared to a current price of CHF162.00 — trading 15.5% below its estimated fair value. The current Tax Rate % is 24.92%. adidas AG's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For adidas AG (XSWX:ADS), the current Tax Rate % is 24.92% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is adidas AG (XSWX:ADS) Overvalued in 2026?

Based on GuruFocus' analysis, adidas AG stock appears to be undervalued. The current stock price of CHF162.00 is trading 15.5% below its estimated GF Value™ of CHF191.78. GuruFocus considers adidas AG to be Modestly Undervalued.

Key valuation signals for XSWX:ADS:

  • Tax Rate %: 24.92%
  • GF Value™: CHF191.78 vs. price of CHF162.00 (15.5% below fair value)
  • GF Score™: 82/100

No single metric tells the full story. See the XSWX:ADS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
82GF Score

Get the complete analysis for XSWX:ADS

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF162.00
Price
CHF191.78
GF Value