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NIKE, Inc.(NKE)Earnings, Financials & Key Ratios
NKE•NYSE
$43.06
$51.28B mkt cap·19.9× P/E·Price updated May 6, 2026
SectorConsumer CyclicalIndustryFootwear & AccessoriesSub-IndustryAthletic and casual footwear brands
AboutNIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.Show more
- Revenue$46.31B-9.8%
- EBITDA$4.51B-37.0%
- Net Income$3.22B-43.5%
- EPS (Diluted)2.16-42.1%
- Gross Margin42.73%-4.1%
- EBITDA Margin9.74%-30.1%
- Operating Margin7.99%-34.9%
- Net Margin6.95%-37.4%
- ROE23.29%-41.9%
- ROIC16.68%-37.9%
- Debt/Equity0.83+0.7%
- Interest Coverage12.81-47.0%
NKE Key Insights
NIKE, Inc. (NKE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 32.7%
- ✓23 consecutive years of dividend growth
- ✓Healthy dividend yield of 3.6%
- ✓Share count reduced 2.8% through buybacks
- ✓Healthy 5Y average net margin of 10.8%
- ✓Efficient asset utilization: 1.3x turnover
✗Weaknesses
- ✗Weak momentum: RS Rating 10 (bottom 10%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NKE Price & Volume
NIKE, Inc. (NKE) stock price & volume — 10-year historical chart
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NKE Growth Metrics
NIKE, Inc. (NKE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.23%
5 Years4.36%
3 Years-0.29%
TTM-5.03%
Profit CAGR
10 Years-0.17%
5 Years4.86%
3 Years-18.95%
TTM-48.34%
EPS CAGR
10 Years1.56%
5 Years6.19%
3 Years-16.8%
TTM-47.22%
Return on Capital
10 Years23.55%
5 Years21.44%
3 Years18.97%
Last Year13.83%
NKE Recent Earnings
NIKE, Inc. (NKE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Mar 31, 2026EPS
$0.35
Est $0.29
+20.4%
Revenue
$11.3B
Est $11.2B
+0.4%
Q4 2025
Dec 18, 2025EPS
$0.53
Est $0.37
+41.4%
Revenue
$12.4B
Est $12.2B
+1.8%
Q4 2025
Sep 30, 2025EPS
$0.49
Est $0.27
+80.1%
Revenue
$11.7B
Est $11.0B
+6.6%
Q3 2025
Jun 26, 2025EPS
$0.14
Est $0.13
+7.4%
Revenue
$11.1B
Est $10.7B
+3.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 31, 2026 | $0.35vs $0.29+20.4% | $11.3Bvs $11.2B+0.4% |
| Q4 2025 | Dec 18, 2025 | $0.53vs $0.37+41.4% | $12.4Bvs $12.2B+1.8% |
| Q4 2025 | Sep 30, 2025 | $0.49vs $0.27+80.1% | $11.7Bvs $11.0B+6.6% |
| Q3 2025 | Jun 26, 2025 | $0.14vs $0.13+7.4% | $11.1Bvs $10.7B+3.4% |
Based on last 12 quarters of dataView full earnings history →
NKE Peer Comparison
NIKE, Inc. (NKE) competitors in Athletic and casual footwear brands — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 UAA | 1.27B | 6.27 | -13.34 | -9.43% | -10.44% | -36.22% | 0.69 | |
 ONON | 10.26B | 34.59 | 46.49 | 24.16% | 6.76% | 13.48% | 3.16% | 0.36 |
 DECK | 14.03B | 98.54 | 15.57 | 16.28% | 19.35% | 39.85% | 6.83% | 0.11 |
 VFC | 7.16B | 18.32 | -37.39 | -9.09% | 2.33% | 12.52% | 4.73% | 3.61 |
 PVH | 4.05B | 88.32 | 8.36 | -6.13% | 5.34% | 9.63% | 14.39% | 0.66 |
 HBI | 2.29B | 6.47 | -7.11 | -3.63% | 9.59% | 73.92% | 9.89% | 75.02 |
 RL | 48.75B | 360.02 | 31.01 | 6.75% | 11.73% | 31.8% | 2.09% | 1.03 |
 COLM | 3.17B | 60.50 | 18.67 | 0.84% | 4.98% | 10.26% | 6.84% | 0.51 |
Compare NKE vs Peers
NIKE, Inc. (NKE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NKE Income Statement
NIKE, Inc. (NKE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | May'17 | May'18 | May'19 | May'20 | May'21 | May'22 | May'23 | May'24 | May'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 34.35B | 36.4B | 39.12B | 37.4B | 44.54B | 46.71B | 51.22B | 51.36B | 46.31B | 46.51B |
| Revenue Growth % | 6.1% | 5.96% | 7.47% | -4.38% | 19.08% | 4.88% | 9.65% | 0.28% | -9.84% | -5.03% |
| Cost of Goods Sold | 19.04B | 20.44B | 21.64B | 21.16B | 24.58B | 25.23B | 28.93B | 28.48B | 26.52B | 27.38B |
| COGS % of Revenue | 55.42% | 56.16% | 55.33% | 56.58% | 55.18% | 54.02% | 56.48% | 55.44% | 57.27% | - |
| Gross Profit | 15.31B▲ 0% | 15.96B▲ 4.2% | 17.47B▲ 9.5% | 16.24B▼ 7.1% | 19.96B▲ 22.9% | 21.48B▲ 7.6% | 22.29B▲ 3.8% | 22.89B▲ 2.7% | 19.79B▼ 13.5% | 19.13B▲ 0% |
| Gross Margin % | 44.58% | 43.84% | 44.67% | 43.42% | 44.82% | 45.98% | 43.52% | 44.56% | 42.73% | 41.13% |
| Gross Profit Growth % | 2.28% | 4.21% | 9.51% | -7.06% | 22.91% | 7.6% | 3.79% | 2.67% | -13.53% | - |
| Operating Expenses | 10.56B | 11.51B | 12.7B | 13.13B | 13.03B | 14.8B | 16.38B | 16.58B | 16.09B | 16.09B |
| OpEx % of Revenue | 30.75% | 31.63% | 32.47% | 35.09% | 29.24% | 31.69% | 31.98% | 32.27% | 34.74% | - |
| Selling, General & Admin | 10.56B | 11.51B | 12.7B | 13.13B | 13.03B | 14.8B | 16.38B | 16.58B | 16.09B | 16.09B |
| SG&A % of Revenue | 30.75% | 31.63% | 32.47% | 35.09% | 29.24% | 31.69% | 31.98% | 32.27% | 34.74% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 4.75B▲ 0% | 4.45B▼ 6.4% | 4.77B▲ 7.4% | 3.12B▼ 34.7% | 6.94B▲ 122.7% | 6.67B▼ 3.8% | 5.92B▼ 11.4% | 6.31B▲ 6.7% | 3.7B▼ 41.3% | 3.04B▲ 0% |
| Operating Margin % | 13.83% | 12.21% | 12.2% | 8.33% | 15.58% | 14.29% | 11.55% | 12.29% | 7.99% | 6.54% |
| Operating Income Growth % | 5.49% | -6.4% | 7.36% | -34.72% | 122.7% | -3.78% | -11.39% | 6.69% | -41.34% | - |
| EBITDA | 5.46B | 5.22B | 5.49B | 4.23B | 7.73B | 7.51B | 6.77B | 7.16B | 4.51B | 3.66B |
| EBITDA Margin % | 15.91% | 14.34% | 14.04% | 11.32% | 17.36% | 16.09% | 13.23% | 13.93% | 9.74% | 7.88% |
| EBITDA Growth % | 5.83% | -4.5% | 5.23% | -22.91% | 82.66% | -2.83% | -9.86% | 5.62% | -36.97% | -42.01% |
| D&A (Non-Cash Add-back) | 716M | 774M | 720M | 1.12B | 797M | 840M | 859M | 844M | 808M | 629M |
| EBIT | 4.75B | 4.45B | 4.77B | 3.12B | 6.94B | 6.67B | 5.92B | 6.31B | 3.7B | 3.09B |
| Net Interest Income | -55M | -47M | -42M | -82M | -255M | -198M | 14M | 169M | 115M | 57M |
| Interest Income | 27M | 70M | 82M | 62M | 34M | 94M | 297M | 430M | 404M | 353M |
| Interest Expense | 82M | 117M | 124M | 144M | 289M | 292M | 283M | 261M | 289M | 296M |
| Other Income/Expense | 137M | -120M | 29M | -228M | -276M | -24M | 286M | 389M | 183M | 41M |
| Pretax Income | 4.89B▲ 0% | 4.33B▼ 11.5% | 4.8B▲ 11.0% | 2.89B▼ 39.9% | 6.66B▲ 130.7% | 6.65B▼ 0.2% | 6.2B▼ 6.8% | 6.7B▲ 8.0% | 3.88B▼ 42.0% | 3.08B▲ 0% |
| Pretax Margin % | 14.22% | 11.88% | 12.27% | 7.72% | 14.96% | 14.24% | 12.11% | 13.04% | 8.39% | 6.63% |
| Income Tax | 646M | 2.39B | 772M | 348M | 934M | 605M | 1.13B | 1B | 666M | 559M |
| Effective Tax Rate % | 13.22% | 55.31% | 16.08% | 12.05% | 14.02% | 9.1% | 18.24% | 14.93% | 17.14% | 18.13% |
| Net Income | 4.24B▲ 0% | 1.93B▼ 54.4% | 4.03B▲ 108.4% | 2.54B▼ 37.0% | 5.73B▲ 125.6% | 6.05B▲ 5.6% | 5.07B▼ 16.1% | 5.7B▲ 12.4% | 3.22B▼ 43.5% | 2.52B▲ 0% |
| Net Margin % | 12.34% | 5.31% | 10.3% | 6.79% | 12.86% | 12.94% | 9.9% | 11.1% | 6.95% | 5.43% |
| Net Income Growth % | 12.77% | -54.41% | 108.43% | -36.98% | 125.56% | 5.57% | -16.14% | 12.43% | -43.53% | -48.34% |
| Net Income (Continuing) | 4.24B | 1.93B | 4.03B | 2.54B | 5.73B | 6.05B | 5.07B | 5.7B | 3.22B | 2.52B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.51▲ 0% | 1.17▼ 53.4% | 2.49▲ 112.8% | 1.60▼ 35.7% | 3.56▲ 122.5% | 3.75▲ 5.3% | 3.23▼ 13.9% | 3.73▲ 15.5% | 2.16▼ 42.1% | 1.71▲ 0% |
| EPS Growth % | 16.2% | -53.39% | 112.82% | -35.74% | 122.5% | 5.34% | -13.87% | 15.48% | -42.09% | -47.22% |
| EPS (Basic) | 2.56 | 1.19 | 2.55 | 1.63 | 3.64 | 3.83 | 3.27 | 3.76 | 2.17 | - |
| Diluted Shares Outstanding | 1.69B | 1.66B | 1.62B | 1.59B | 1.61B | 1.61B | 1.57B | 1.53B | 1.49B | 1.48B |
| Basic Shares Outstanding | 1.66B | 1.62B | 1.58B | 1.56B | 1.57B | 1.58B | 1.55B | 1.52B | 1.48B | 1.48B |
| Dividend Payout Ratio | 26.72% | 64.3% | 33.06% | 57.19% | 28.6% | 30.38% | 39.68% | 38.05% | 71.45% | - |
NKE Balance Sheet
NIKE, Inc. (NKE) balance sheet — assets, liabilities & shareholders' equity
| Line item | May'17 | May'18 | May'19 | May'20 | May'21 | May'22 | May'23 | May'24 | May'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 16.06B | 15.13B | 16.52B | 20.56B | 26.29B | 28.21B | 25.2B | 25.38B | 23.36B | 24.02B |
| Cash & Short-Term Investments | 6.18B | 5.25B | 4.66B | 8.79B | 13.48B | 13B | 10.68B | 11.58B | 9.15B | 8.35B |
| Cash Only | 3.81B | 4.25B | 4.47B | 8.35B | 9.89B | 8.57B | 7.44B | 9.86B | 7.46B | 6.97B |
| Short-Term Investments | 2.37B | 996M | 197M | 439M | 3.59B | 4.42B | 3.23B | 1.72B | 1.69B | 1.37B |
| Accounts Receivable | 3.68B | 3.5B | 4.27B | 2.75B | 4.46B | 4.67B | 4.13B | 4.43B | 4.72B | 5.74B |
| Days Sales Outstanding | 39.07 | 35.08 | 39.86 | 26.83 | 36.58 | 36.47 | 29.44 | 31.46 | 37.18 | 39.06 |
| Inventory | 5.05B | 5.26B | 5.62B | 7.37B | 6.85B | 8.42B | 8.45B | 7.52B | 7.49B | 7.73B |
| Days Inventory Outstanding | 96.92 | 93.94 | 94.81 | 127.07 | 101.79 | 121.81 | 106.68 | 96.38 | 103.08 | 102.87 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1.94B | 1.85B | 2B | 2.21B |
| Total Non-Current Assets | 7.2B | 7.4B | 7.19B | 10.79B | 11.45B | 12.11B | 12.33B | 12.73B | 13.22B | 13.77B |
| Property, Plant & Equipment | 3.99B | 4.45B | 4.74B | 7.96B | 8.02B | 7.72B | 8B | 7.72B | 7.54B | 7.74B |
| Fixed Asset Turnover | 8.61x | 8.17x | 8.25x | 4.70x | 5.56x | 6.05x | 6.40x | 6.65x | 6.14x | 6.16x |
| Goodwill | 139M | 154M | 154M | 223M | 242M | 284M | 281M | 240M | 240M | 240M |
| Intangible Assets | 283M | 285M | 283M | 274M | 269M | 286M | 274M | 259M | 259M | 259M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 3.77B | 4.51B | 5.18B | 10.45B |
| Total Assets | 23.26B▲ 0% | 22.54B▼ 3.1% | 23.72B▲ 5.2% | 31.34B▲ 32.1% | 37.74B▲ 20.4% | 40.32B▲ 6.8% | 37.53B▼ 6.9% | 38.11B▲ 1.5% | 36.58B▼ 4.0% | 37.79B▲ 0% |
| Asset Turnover | 1.48x | 1.62x | 1.65x | 1.19x | 1.18x | 1.16x | 1.36x | 1.35x | 1.27x | 1.24x |
| Asset Growth % | 8.79% | -3.11% | 5.24% | 32.15% | 20.41% | 6.84% | -6.92% | 1.54% | -4.02% | -4.71% |
| Total Current Liabilities | 5.47B | 6.04B | 7.87B | 8.28B | 9.67B | 10.73B | 9.26B | 10.59B | 10.57B | 11.64B |
| Accounts Payable | 2.05B | 2.28B | 2.61B | 2.25B | 2.84B | 3.36B | 2.86B | 2.85B | 3.48B | 3.72B |
| Days Payables Outstanding | 39.26 | 40.69 | 44.05 | 38.77 | 42.12 | 48.58 | 36.12 | 36.54 | 47.88 | 46.9 |
| Short-Term Debt | 331M | 342M | 15M | 251M | 2M | 510M | 6M | 1.01B | 5M | 1.51B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.44B | 1.55B | 3.21B | 2.83B | 2.91B | 3.21B | 3.28B | 3.15B | 3.56B | 5.92B |
| Current Ratio | 2.93x | 2.51x | 2.10x | 2.48x | 2.72x | 2.63x | 2.72x | 2.40x | 2.21x | 2.21x |
| Quick Ratio | 2.01x | 1.63x | 1.39x | 1.59x | 2.01x | 1.84x | 1.81x | 1.69x | 1.50x | 1.50x |
| Cash Conversion Cycle | 96.72 | 88.33 | 90.62 | 115.12 | 96.25 | 109.7 | 100 | 91.3 | 92.37 | 95.02 |
| Total Non-Current Liabilities | 5.38B | 6.68B | 6.81B | 15B | 15.3B | 14.31B | 14.27B | 13.09B | 12.8B | 12.06B |
| Long-Term Debt | 3.47B | 3.47B | 3.46B | 9.41B | 9.41B | 8.92B | 8.93B | 7.9B | 7.96B | 7.02B |
| Capital Lease Obligations | 0 | 0 | 0 | 2.91B | 2.93B | 2.78B | 2.79B | 2.57B | 2.55B | 10.34B |
| Deferred Tax Liabilities | 1.91B | 3.22B | 3.35B | 2.68B | 2.96B | 2.61B | 0 | 0 | 0 | 2.29B |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 2.96B | 2.61B | 2.56B | 2.62B | 2.29B | 9.12B |
| Total Liabilities | 10.85B | 12.72B | 14.68B | 23.29B | 24.97B | 25.04B | 23.53B | 23.68B | 23.37B | 23.7B |
| Total Debt | 3.8B | 3.81B | 3.48B | 13.02B | 12.81B | 12.63B | 12.14B | 11.95B | 11.02B | 11.28B |
| Net Debt | -6M | -439M | -987M | 4.67B | 2.92B | 4.05B | 4.7B | 2.09B | 3.55B | 4.31B |
| Debt / Equity | 0.31x | 0.39x | 0.38x | 1.62x | 1.00x | 0.83x | 0.87x | 0.83x | 0.83x | 0.83x |
| Debt / EBITDA | 0.70x | 0.73x | 0.63x | 3.07x | 1.66x | 1.68x | 1.79x | 1.67x | 2.44x | 3.08x |
| Net Debt / EBITDA | -0.00x | -0.08x | -0.18x | 1.10x | 0.38x | 0.54x | 0.69x | 0.29x | 0.79x | 0.79x |
| Interest Coverage | 57.91x | 37.99x | 38.48x | 21.63x | 24.00x | 22.86x | 20.90x | 24.18x | 12.81x | 10.45x |
| Total Equity | 12.41B▲ 0% | 9.81B▼ 20.9% | 9.04B▼ 7.9% | 8.05B▼ 10.9% | 12.77B▲ 58.5% | 15.28B▲ 19.7% | 14B▼ 8.4% | 14.43B▲ 3.0% | 13.21B▼ 8.4% | 14.09B▲ 0% |
| Equity Growth % | 1.22% | -20.92% | -7.87% | -10.9% | 58.5% | 19.69% | -8.36% | 3.04% | -8.43% | -13.04% |
| Book Value per Share | 7.33 | 5.91 | 5.59 | 5.06 | 7.93 | 9.49 | 8.92 | 9.43 | 8.88 | 9.52 |
| Total Shareholders' Equity | 12.41B | 9.81B | 9.04B | 8.05B | 12.77B | 15.28B | 14B | 14.43B | 13.21B | 14.09B |
| Common Stock | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 0 |
| Retained Earnings | 6.91B | 3.52B | 1.64B | -191M | 3.18B | 3.48B | 1.36B | 965M | -727M | -519M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -213M | -92M | 231M | -56M | -380M | 318M | 231M | 53M | -258M | -104M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NKE Cash Flow Statement
NIKE, Inc. (NKE) cash flow — operating, investing & free cash flow history
| Line item | May'17 | May'18 | May'19 | May'20 | May'21 | May'22 | May'23 | May'24 | May'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 3.64B | 4.96B | 5.9B | 2.48B | 6.66B | 5.19B | 5.84B | 7.43B | 3.7B | 3.7B |
| Operating CF Margin % | 10.6% | 13.61% | 15.09% | 6.64% | 14.95% | 11.11% | 11.4% | 14.46% | 7.99% | - |
| Operating CF Growth % | 17.57% | 36.13% | 19.13% | -57.9% | 167.89% | -22.07% | 12.59% | 27.19% | -50.22% | -183.75% |
| Net Income | 4.24B | 1.93B | 4.03B | 2.54B | 5.73B | 6.05B | 5.07B | 5.7B | 3.22B | 2.52B |
| Depreciation & Amortization | 716M | 774M | 720M | 1.12B | 797M | 840M | 859M | 844M | 775M | 775M |
| Stock-Based Compensation | 215M | 218M | 325M | 429M | 611M | 638M | 755M | 804M | 709M | 695M |
| Deferred Taxes | -273M | 647M | 34M | -380M | -385M | -650M | -117M | -497M | -288M | -168M |
| Other Non-Cash Items | -117M | -99M | 233M | 23M | -138M | -26M | -213M | -138M | 70M | -1.36B |
| Working Capital Changes | -1.14B | 1.48B | 562M | -1.25B | 45M | -1.66B | -513M | 716M | -787M | 594M |
| Change in Receivables | -426M | 187M | -270M | 1.24B | -1.61B | -504M | 489M | -329M | -257M | -335M |
| Change in Inventory | -231M | -255M | -490M | -1.85B | 507M | -1.68B | -133M | 908M | 120M | 410M |
| Change in Payables | 0 | 1.51B | 1.52B | 24M | 1.33B | 1.36B | -225M | 397M | -426M | -671M |
| Cash from Investing | -1.01B | 276M | -264M | -1.03B | -3.8B | -1.52B | 564M | 894M | -275M | -143M |
| Capital Expenditures | -1.1B | -1.03B | -1.12B | -1.09B | -695M | -758M | -969M | -812M | -430M | -581M |
| CapEx % of Revenue | 3.22% | 2.82% | 2.86% | 2.9% | 1.56% | 1.62% | 1.89% | 1.58% | 0.93% | - |
| Acquisitions | 13M | 3M | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -34M | -25M | 0 | 31M | 171M | -19M | 52M | -15M | 8M | -5M |
| Cash from Financing | -1.94B | -4.83B | -5.29B | 2.49B | -1.46B | -4.84B | -7.45B | -5.89B | -5.82B | -3.93B |
| Debt Issued (Net) | 1.75B | 13M | -331M | 6.18B | -249M | 15M | -504M | 0 | -1B | -1.04B |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K |
| Dividends Paid | -1.13B | -1.24B | -1.33B | -1.45B | -1.64B | -1.84B | -2.01B | -2.17B | -2.3B | -2.37B |
| Share Repurchases | -3.22B | -4.25B | -4.29B | -3.07B | -608M | -4.01B | -5.48B | -4.25B | -2.98B | -851M |
| Other Financing | 460M | 649M | -44M | 833M | 1.04B | 1B | -102M | 531M | -85M | -355M |
| Net Change in Cash | 670M▲ 0% | 441M▼ 34.2% | 217M▼ 50.8% | 3.88B▲ 1688.9% | 1.54B▼ 60.3% | -1.31B▼ 185.3% | -1.13B▲ 13.8% | 2.42B▲ 313.5% | -2.4B▼ 199.0% | -1B▲ 0% |
| Free Cash Flow | 2.54B▲ 0% | 3.93B▲ 54.9% | 4.78B▲ 21.8% | 1.4B▼ 70.8% | 5.96B▲ 326.2% | 4.43B▼ 25.7% | 4.87B▲ 10.0% | 6.62B▲ 35.8% | 3.27B▼ 50.6% | 2.48B▲ 0% |
| FCF Margin % | 7.38% | 10.79% | 12.23% | 3.74% | 13.39% | 9.48% | 9.51% | 12.88% | 7.06% | 5.32% |
| FCF Growth % | 29.8% | 54.91% | 21.82% | -70.76% | 326.16% | -25.7% | 9.98% | 35.82% | -50.61% | -55.15% |
| FCF per Share | 1.50 | 2.37 | 2.96 | 0.88 | 3.70 | 2.75 | 3.10 | 4.33 | 2.20 | 2.20 |
| FCF Conversion (FCF/Net Income) | 0.86x | 2.56x | 1.47x | 0.98x | 1.16x | 0.86x | 1.15x | 1.30x | 1.15x | 0.98x |
| Interest Paid | 98M | 125M | 153M | 140M | 293M | 290M | 347M | 381M | 389M | 0 |
| Taxes Paid | 703M | 529M | 757M | 1.03B | 1.18B | 1.23B | 1.52B | 1.3B | 1.23B | 0 |
NKE Key Ratios
NIKE, Inc. (NKE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 34.38% | 17.4% | 42.74% | 29.7% | 55.01% | 43.11% | 34.63% | 40.09% | 23.29% | 17.92% |
| Return on Invested Capital (ROIC) | 30.24% | 30.62% | 41.08% | 22.49% | 36.62% | 28.59% | 23.32% | 26.87% | 16.68% | 16.68% |
| Gross Margin | 44.58% | 43.84% | 44.67% | 43.42% | 44.82% | 45.98% | 43.52% | 44.56% | 42.73% | 41.13% |
| Net Margin | 12.34% | 5.31% | 10.3% | 6.79% | 12.86% | 12.94% | 9.9% | 11.1% | 6.95% | 5.43% |
| Debt / Equity | 0.31x | 0.39x | 0.38x | 1.62x | 1.00x | 0.83x | 0.87x | 0.83x | 0.83x | 0.83x |
| Interest Coverage | 57.91x | 37.99x | 38.48x | 21.63x | 24.00x | 22.86x | 20.90x | 24.18x | 12.81x | 10.45x |
| FCF Conversion | 0.86x | 2.56x | 1.47x | 0.98x | 1.16x | 0.86x | 1.15x | 1.30x | 1.15x | 0.98x |
| Revenue Growth | 6.1% | 5.96% | 7.47% | -4.38% | 19.08% | 4.88% | 9.65% | 0.28% | -9.84% | -5.03% |
NKE SEC Filings & Documents
NIKE, Inc. (NKE) SEC filings — annual & quarterly reports (10-K, 10-Q)
NKE Frequently Asked Questions
NIKE, Inc. (NKE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NIKE, Inc. (NKE) reported $46.51B in revenue for fiscal year 2025. This represents a 619% increase from $6.47B in 1996.
NIKE, Inc. (NKE) saw revenue decline by 9.8% over the past year.
Yes, NIKE, Inc. (NKE) is profitable, generating $2.52B in net income for fiscal year 2025 (7.0% net margin).
Dividend & Returns
Yes, NIKE, Inc. (NKE) pays a dividend with a yield of 3.59%. This makes it attractive for income-focused investors.
NIKE, Inc. (NKE) has a return on equity (ROE) of 23.3%. This is excellent, indicating efficient use of shareholder capital.
NIKE, Inc. (NKE) generated $2.48B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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