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Which company is richer between Nike and Adidas?

Published in Business & Finance 1 min read

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.

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