adidas AG (ETR: ADS)

adidas AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	21,427	22,511	21,234	19,844	23,640
Revenue Growth (YoY)	-4.82%	6.01%	7.00%	-16.06%	7.87%
Cost of Revenue	11,244	11,867	10,469	9,990	11,347
Gross Profit	10,183	10,644	10,765	9,854	12,293
Selling, General & Admin	9,933	10,015	8,810	8,996	9,691
Research & Development	151	153	130	115	152
Other Operating Expenses	7	-100	-34	-3	-71
Operating Expenses	9,996	9,915	8,776	8,993	9,620
Operating Income	280	669	1,986	751	2,660
Interest Income	121	23	12	25	50
Interest Expense	160	137	177	164	160
Other Expense / Income	236	167	-31	34	-66
Pretax Income	66	388	1,852	575	2,558
Income Tax	124	134	360	146	640
Net Income	-119	254	1,492	432	1,976
Net Income Growth	-	-82.98%	245.37%	-78.14%	16.10%
Shares Outstanding (Basic)	178	183	194	195	198
Shares Outstanding (Diluted)	179	183	194	195	198
Shares Change	-2.57%	-5.62%	-0.50%	-1.24%	-2.06%
EPS (Basic)	-0.67	1.39	7.68	2.21	10.00
EPS (Diluted)	-0.67	1.39	7.68	2.21	10.00
EPS Growth	-	-81.90%	247.51%	-77.90%	18.48%
Free Cash Flow	2,002	-1,238	2,525	1,043	2,111
Free Cash Flow Per Share	11.21	-6.76	13.00	5.34	10.68
Gross Margin	47.52%	47.28%	50.70%	49.66%	52.00%
Operating Margin	1.31%	2.97%	9.35%	3.78%	11.25%
Profit Margin	-0.56%	1.13%	7.03%	2.18%	8.36%
Free Cash Flow Margin	9.34%	-5.50%	11.89%	5.26%	8.93%
Effective Tax Rate	187.88%	34.54%	19.44%	25.39%	25.02%
EBITDA	785	1,960	3,179	2,220	3,945
EBITDA Margin	3.66%	8.71%	14.97%	11.19%	16.69%
Depreciation & Amortization	1,096	1,375	1,149	1,370	1,214
EBIT	-311	585	2,030	850	2,731
EBIT Margin	-1.45%	2.60%	9.56%	4.28%	11.55%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.