PUMA Group Development

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

Sales

Consolidated sales

8,601.7

8,465.1

6,805.4

5,234.4

5,502.2

4,648.3

4,135.9

3,626.7

3,387.4

2,972.0

- Change in %

1.6%

24.4%

30.0%

-4.9%

18.4%

12.4%

14.0%

7.1%

14.0%

-0.4%

- Footwear

4,583.4

4,317.9

3,163.6

2,367.6

2,552.5

2,184.7

1,974.5

1,627.0

1,506.1

1,282.7

- Apparel

2,763.0

2,896.3

2,517.3

1,974.1

2,068.7

1,687.5

1,441.4

1,333.2

1,244.8

1,103.1

- Accessories

1,255.3

1,251.0

1,124.5

892.7

881.1

776.1

719.9

666.5

636.4

586.3

Result of operations

Gross profit

3,986.6

3,902.7

3,257.8

2,458.0

2,686.4

2,249.4

1,954.3

1,656.4

1,540.2

1,385.4

- Gross profit margin

46.3%

46.1%

47.9%

47.0%

48.8%

48.4%

47.3%

45.7%

45.5%

46.6%

Royalty and commission income

38.5

33.8

23.9

16.1

25.1

16.3

15.8

15.7

16.5

19.4

EBIT

621.6

640.6

557.1

209.2

440.2

337.4

244.6

127.6

96.3

128.0

- EBIT margin

7.2%

7.6%

8.2%

4.0%

8.0%

7.3%

5.9%

3.5%

2.8%

4.3%

EBT

478.3

551.7

505.3

162.3

417.6

313.4

231.2

118.9

85.0

121.8

- EBT margin

5.6%

6.5%

7.4%

3.1%

7.6%

6.7%

5.6%

3.3%

2.5%

4.1%

Net earnings attributable to shareholders of PUMA SE

304.9

353.5

309.6

78.9

262.4

187.4

135.8

62.4

37.1

64.1

- Net margin

3.5%

4.2%

4.5%

1.5%

4.8%

4.0%

3.3%

1.7%

1.1%

2.2%

Expenses

Marketing/retail

1,643.2

1,578.5

1,309.1

1,050.2

1,112.1

931.2

822.9

732.3

697.6

599.7

Personnel

900.6

846.5

712.4

583.7

640.5

553.8

549.1

493.1

483.8

425.3

Balance sheet

Total assets

6,640.4

6,772.7

5,728.3

4,684.1

4,378.2

3,207.2

2,853.8

2,765.1

2,620.3

2,549.9

Total equity

2,582.3

2,538.8

2,278.5

1,763.9

1,902.3

1,722.2

1,656.7

1,722.2

1,619.3

1,618.3

- Equity ratio

38.9%

37.5%

39.8%

37.7%

43.4%

53.7%

58.1%

62.3%

61.8%

63.5%

Working capital

1,177.3

1,086.8

727.9

465.8

549.4

503.9

493.9

536.6

532.9

455.7

- thereof: inventories

1,804.4

2,245.1

1,492.2

1,138.0

1,110.2

915.1

778.5

718.9

657.0

571.5

Cash flow

Free cash flow

369.0

177.5

276.2

276.0

330.0

172.9

128.5

49.7

-98.9

39.3

Investments (incl. acquisitions)

300.4

263.6

202.4

151.0

218.4

130.2

122.9

91.1

79.5

96.4

Profitability

Return on equity (ROE)

11.8%

13.9%

13.6%

4.5%

13.8%

10.9%

8.2%

3.6%

2.3%

4.0%

Return on capital employed (ROCE)

25.1%

28.4%

31.9%

15.1%

29.6%

25.8%

20.7%

10.3%

7.9%

11.5%

Additional information

Number of employees (year-end)

18,681

18,071

16,125

14,374

14,332

12,894

11,787

11,495

11,351

11,267

Number of employees (annual average)

18,023

16,669

14,846

13,016

13,348

12,192

11,389

11,128

10,988

10,830

PUMA share*

Share price (in €)

50.52

56.70

107.50

92.28

68.35

42.70

36.30

24.97

19.87

17.26

Earnings per share (in €)

2.03

2.36

2.07

0.53

1.76

1.25

0.91

0.42

0.25

0.43

Average outstanding shares (in million)

149.85

149.65

149.59

149.56

149.52

149.47

149.43

149.40

149.40

149.40

Number of shares outstanding as of 31 Dec.
‎(in million shares)

149.84

149.76

149.61

149.58

149.55

149.51

149.46

149.40

149.40

149.40

Market capitalization

7,570

8,491

16,083

13,804

10,222

6,384

5,426

3,730

2,968

2,578