adidas AG
ADDYYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
25,814
Cost of Revenue
12,707
Gross Profit
13,107
Gross Margin
50.8%
Operating Income
1,457
Operating Margin
5.6%
Net Income
833
Net Margin
3.2%
EPS (Basic)
$2.14
EPS (Diluted)
$2.14
EBITDA
2,739
EBITDA Margin
10.6%
2023
12/31/2023
Revenue
23,355
Cost of Revenue
12,256
Gross Profit
11,099
Gross Margin
47.5%
Operating Income
292
Operating Margin
1.3%
Net Income
-82
Net Margin
-0.4%
EPS (Basic)
$-0.21
EPS (Diluted)
$-0.21
EBITDA
856
EBITDA Margin
3.7%
2022
12/31/2022
Revenue
24,537
Cost of Revenue
12,935
Gross Profit
11,602
Gross Margin
47.3%
Operating Income
729
Operating Margin
3.0%
Net Income
277
Net Margin
1.1%
EPS (Basic)
$0.70
EPS (Diluted)
$0.70
EBITDA
1,909
EBITDA Margin
7.8%
2021
12/31/2021
Revenue
23,145
Cost of Revenue
11,411
Gross Profit
11,734
Gross Margin
50.7%
Operating Income
2,165
Operating Margin
9.4%
Net Income
1,626
Net Margin
7.0%
EPS (Basic)
$3.84
EPS (Diluted)
$3.84
EBITDA
3,390
EBITDA Margin
14.6%
2020
12/31/2020
Revenue
21,630
Cost of Revenue
10,889
Gross Profit
10,741
Gross Margin
49.7%
Operating Income
819
Operating Margin
3.8%
Net Income
471
Net Margin
2.2%
EPS (Basic)
$1.11
EPS (Diluted)
$1.11
EBITDA
2,159
EBITDA Margin
10.0%