Nike is currently considered richer than Adidas, based on market capitalization and revenue.
Market Capitalization:
- Nike: As of October 26, 2023, Nike's market capitalization is approximately $42.87 billion.
- Adidas: As of October 26, 2023, Adidas's market capitalization is approximately $28.16 billion.
Revenue:
- Nike: In fiscal year 2023, Nike generated $51.2 billion in revenue.
- Adidas: In 2022, Adidas generated €22.5 billion in revenue, which translates to approximately $24.2 billion in US dollars.
While both companies are major players in the sportswear industry, Nike consistently outperforms Adidas in terms of market capitalization and revenue.
