Nike Vs. adidas: An Undisputed Leader

Jun. 07, 2022 10:47 AM ETNIKE, Inc. (NKE)ADDDF, ADDYY4 Comments
Vera Glebova profile picture
Vera Glebova


  • Nike and adidas are the two biggest sportswear companies.
  • Nike's scale is a big advantage, adidas doesn't even come close.
  • adidas looks cheaper than Nike and has been a better growth story, but there is a reason for Nike's high valuation.
  • Nike is better managed than adidas and has a stronger brand.
  • Nike is a better long-term buy, in my opinion.

Шанхай, Китай - Ноябрь 6, 2019: Nike против Adidas в Шанхае, Китай

Wen Sen Tan/iStock Editorial via Getty Images

Nike (NYSE:NKE) and adidas (OTCQX:ADDYY) are the two biggest footwear companies in the world with $182 billion and $36 billion respectively. Despite the fact that new players have entered the market in recent

Nike revenue compared to Adidas revenue chart

Figure 1 (chart by author)

Nike Vs. Adidas gross profit

Figure 2 (chart by author)

Nike Vs. Adidas cash

Figure 3 (chart by author)

global athletic market share

Figure 4 (chart by author)

Nike VS adidas p/e

Figure 5 (chart by author,

Nike Net Income Vs Adidas

Figure 6 (chart by author)

Nike Vs Adidas US sales

Figure 7 (chart by author)

Nike EPS actual vs estimates

Figure 8 (chart by author,

Nike Vs Adidas profit margin

Figure 9 (chart by author)

Nike Vs Adidas operating margin

Figure 10 (chart by author)

Nike Vs Adidas gross margin

Figure 11 (chart by author)

Adidas Vs Nike revenue structure

Figure 12 (chart by author)

Nike's organizational structure

Figure 13 (chart by author)

Adidas hybrid structure

Figure 14 (

This article was written by

Vera Glebova profile picture
Individual investor with three-year experience. Current student, studying economics and finance. Exploring opportunities to invest in this tough market.

Disclosure: I/we have a beneficial long position in the shares of NKE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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