In 2023, the adidas Group's market capitalization amounted to approximately 32.9 billion euros, up from 22.8 billion euros in the previous year. The company’s market capitalization almost doubled between 2015 and 2016, when its value rose by around 12 billion euros. In 2000, the company’s market capitalization amounted to 2.99 billion euros. Market capitalization represents the value of a listed company.
Adidas
The adidas Group manufactures and sells a wide range of clothing items and sports equipment. Adidas is one of the best-known names in this industry. Its main competitors are Nike, Puma, and Under Armour. In 2023, the adidas Group had net sales amounting to 21.4 billion euros.
The company’s increase in value is possibly attributed to its sponsorship deals with some of the most influential athletes in the world, most notably David Beckham and Lionel Messi. Furthermore, adidas has collaborated with fashion designers and celebrities such as Stella McCartney and Donald Glover in recent years.
The adidas Group's market capitalization from 2000 to 2023
(in million euros)
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Adidas. (March 13, 2024). The adidas Group's market capitalization from 2000 to 2023 (in million euros) [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/268426/market-capitalization-of-the-adidas-group-since-2000/
Adidas. "The adidas Group's market capitalization from 2000 to 2023 (in million euros)." Chart. March 13, 2024. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/268426/market-capitalization-of-the-adidas-group-since-2000/
Adidas. (2024). The adidas Group's market capitalization from 2000 to 2023 (in million euros). Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/268426/market-capitalization-of-the-adidas-group-since-2000/
Adidas. "The Adidas Group's Market Capitalization from 2000 to 2023 (in Million Euros)." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/268426/market-capitalization-of-the-adidas-group-since-2000/
Adidas, The adidas Group's market capitalization from 2000 to 2023 (in million euros) Statista, https://www.statista.com/statistics/268426/market-capitalization-of-the-adidas-group-since-2000/ (last visited October 04, 2024)
The adidas Group's market capitalization from 2000 to 2023 (in million euros) [Graph], Adidas, March 13, 2024. [Online]. Available: https://www.statista.com/statistics/268426/market-capitalization-of-the-adidas-group-since-2000/
