Cash flow Nike, Inc.

Equities

NKE

US6541061031

Footwear

Market Closed - Nyse Other stock markets 04:00:02 2026-05-15 pm EDT			After hours 07:56:18 pm
41.88 ^USD	-0.33%		42.32	+1.05%

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Published financial data: NIKE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: May	2021	2022	2023	2024	2025
Revenues	44.54B	46.71B	51.22B	51.36B	46.31B
Total Revenues	44.54B	46.71B	51.22B	51.36B	46.31B
Cost of Goods Sold, Total	24.54B	25.23B	28.92B	28.41B	26.52B
Gross Profit	20B	21.48B	22.29B	22.95B	19.79B
Selling General & Admin Expenses, Total	12.77B	14.8B	16.38B	16.2B	16.09B
Other Operating Expenses, Total	12.77B	14.8B	16.38B	16.2B	16.09B
Operating Income	7.23B	6.68B	5.92B	6.75B	3.7B
Interest Expense, Total	-296M	-299M	-291M	-269M	-297M
Interest And Investment Income	34M	94M	297M	430M	404M
Net Interest Expenses	-262M	-205M	6M	161M	107M
Currency Exchange Gains (Loss)	-222M	219M	-	228M	147M
Other Non Operating Income (Expenses)	208M	58M	280M	-27M	21M
EBT, Excl. Unusual Items	6.96B	6.75B	6.2B	7.12B	3.98B
Restructuring Charges	-294M	-	-	-443M	-
Other Unusual Items	-	-96M	-	27M	-92M
EBT, Incl. Unusual Items	6.66B	6.65B	6.2B	6.7B	3.88B
Income Tax Expense	934M	605M	1.13B	1B	666M
Earnings From Continuing Operations	5.73B	6.05B	5.07B	5.7B	3.22B
Net Income to Company	5.73B	6.05B	5.07B	5.7B	3.22B
Net Income - (IS)	5.73B	6.05B	5.07B	5.7B	3.22B
Net Income to Common Incl Extra Items	5.73B	6.05B	5.07B	5.7B	3.22B
Net Income to Common Excl. Extra Items	5.73B	6.05B	5.07B	5.7B	3.22B
Per Share Items
Net EPS - Basic	3.64	3.83	3.27	3.76	2.17
Basic EPS - Continuing Operations	3.64	3.83	3.27	3.76	2.17
Basic Weighted Average Shares Outstanding	1.57B	1.58B	1.55B	1.52B	1.48B
Net EPS - Diluted	3.56	3.75	3.23	3.73	2.16
Diluted EPS - Continuing Operations	3.56	3.75	3.23	3.73	2.16
Diluted Weighted Average Shares Outstanding	1.61B	1.61B	1.57B	1.53B	1.49B
Normalized Basic EPS	2.76	2.67	2.5	2.93	1.67
Normalized Diluted EPS	2.7	2.62	2.47	2.91	1.67
Dividend Per Share	1.07	1.19	1.32	1.45	1.57
Payout Ratio	28.6	30.38	39.68	38.05	71.45
American Depositary Receipts Ratio (ADR)	0.1	0.1	0.1	0.1	0.1
Supplemental Items
EBITDA	8.03B	7.52B	6.77B	7.6B	4.48B
EBITA	7.28B	6.8B	6.07B	6.8B	3.7B
EBIT	7.23B	6.68B	5.92B	6.75B	3.7B
EBITDAR	8.96B	8.47B	7.76B	8.65B	5.57B
Effective Tax Rate - (Ratio)	14.02	9.1	18.24	14.93	17.14
Current Domestic Taxes	462M	329M	614M	983M	479M
Current Foreign Taxes	857M	926M	634M	514M	475M
Total Current Taxes	1.32B	1.26B	1.25B	1.5B	954M
Deferred Domestic Taxes	-405M	-538M	-187M	-483M	-147M
Deferred Foreign Taxes	20M	-112M	70M	-14M	-141M
Total Deferred Taxes	-385M	-650M	-117M	-497M	-288M
Normalized Net Income	4.35B	4.22B	3.88B	4.45B	2.49B
Supplemental Operating Expense Items
Marketing Expenses	3.11B	3.85B	4.06B	-	-
Selling and Marketing Expenses	3.11B	3.85B	4.06B	4.28B	4.69B
Net Rental Expense, Total	936M	959M	988M	1.05B	1.1B
Imputed Operating Lease Interest Expense	172M	180M	186M	187M	226M
Imputed Operating Lease Depreciation	764M	779M	802M	864M	869M
Stock-Based Comp., COGS (Total)	-	-	-	8M	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	43M	-
Stock-Based Comp., Other (Total)	611M	638M	755M	753M	709M
Total Stock-Based Compensation	611M	638M	755M	804M	709M

Fiscal Period: May	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	9.89B	8.57B	7.44B	9.86B	7.46B
Short Term Investments	3.59B	4.42B	3.23B	1.72B	1.69B
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	13.48B	13B	10.68B	11.58B	9.15B
Accounts Receivable, Total	4.46B	4.67B	4.13B	4.43B	4.72B
Total Receivables	4.46B	4.67B	4.13B	4.43B	4.72B
Inventory	6.85B	8.42B	8.45B	7.52B	7.49B
Prepaid Expenses	1.15B	1.26B	1.22B	1.22B	1.39B
Other Current Assets, Total	345M	868M	719M	630M	613M
Total Current Assets	26.29B	28.21B	25.2B	25.38B	23.36B
Gross Property Plant And Equipment	13.17B	13.02B	13.64B	13.63B	13.64B
Accumulated Depreciation	-5.16B	-5.31B	-5.63B	-5.91B	-6.1B
Net Property Plant And Equipment	8.02B	7.72B	8B	7.72B	7.54B
Long-term Investments	-	-	-	-	24M
Goodwill	242M	284M	281M	240M	240M
Other Intangibles, Total	269M	286M	274M	259M	259M
Deferred Tax Assets Long-Term	2.61B	2.3B	2.45B	2.46B	2.67B
Other Long-Term Assets, Total	308M	1.53B	1.32B	2.05B	2.49B
Total Assets	37.74B	40.32B	37.53B	38.11B	36.58B
Liabilities
Accounts Payable, Total	2.84B	3.36B	2.86B	2.85B	3.48B
Accrued Expenses, Total	4.21B	4.74B	2.29B	3.88B	3.48B
Short-term Borrowings	2M	10M	6M	6M	5M
Current Portion of Long-Term Debt	-	500M	-	1B	-
Current Portion of Leases	467M	420M	425M	477M	502M
Current Income Taxes Payable	306M	222M	240M	534M	669M
Other Current Liabilities	1.85B	1.48B	3.43B	1.84B	2.43B
Total Current Liabilities	9.67B	10.73B	9.26B	10.59B	10.57B
Long-Term Debt	9.41B	8.92B	8.93B	7.93B	7.96B
Long-Term Leases	2.93B	2.78B	2.79B	2.57B	2.55B
Pension & Other Post Retirement Benefits	-	30M	29M	-	-
Deferred Tax Liability Non Current	882M	922M	2.21B	145M	126M
Other Non Current Liabilities	2.07B	1.66B	320M	2.44B	2.16B
Total Liabilities	24.97B	25.04B	23.53B	23.68B	23.37B
Common Stock, Total	3M	3M	3M	3M	3M
Additional Paid In Capital	9.96B	11.48B	12.41B	13.41B	14.2B
Retained Earnings	3.18B	3.48B	1.36B	965M	-727M
Comprehensive Income and Other	-380M	318M	231M	53M	-258M
Total Common Equity	12.77B	15.28B	14B	14.43B	13.21B
Total Equity	12.77B	15.28B	14B	14.43B	13.21B
Total Liabilities And Equity	37.74B	40.32B	37.53B	38.11B	36.58B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.58B	1.57B	1.53B	1.5B	1.48B
ECS Total Common Shares Outstanding	1.58B	1.57B	1.53B	1.5B	1.48B
Book Value / Share	8.09	9.73	9.14	9.6	8.95
Tangible Book Value	12.26B	14.71B	13.45B	13.93B	12.71B
Tangible Book Value Per Share	7.77	9.36	8.78	9.27	8.61
Total Debt	12.81B	12.63B	12.14B	11.98B	11.02B
Net Debt	-663M	-370M	1.47B	401M	1.87B
Debt Equivalent of Unfunded Proj. Benefit Obligation	64M	30M	29M	-	-
Debt Equivalent Oper. Leases	7.49B	7.67B	7.9B	8.41B	8.76B
Account Code - Inventory Valuation	8	3	3	3	3
Inventories - Finished Goods, Total	-	8.42B	8.45B	7.52B	-
Inventories - Others	-	-	-	-	7.72B
Land - (BS)	363M	330M	326M	329M	334M
Buildings, Total	3.36B	3.17B	3.29B	3.44B	3.51B
Machinery, Total	3.02B	2.87B	3.08B	3.12B	2.95B
Full Time Employees	73.3K	79.1K	83.7K	79.4K	77.8K
Accumulated Allowance for Doubtful Accounts (Supple)	93M	34M	34M	35M	27M

Fiscal Period: May	2021	2022	2023	2024	2025
Net Income	5.73B	6.05B	5.07B	5.7B	3.22B
Depreciation & Amortization - CF	744M	717M	703M	796M	775M
Amortization of Goodwill and Intangible Assets - (CF)	53M	123M	156M	48M	-
Depreciation & Amortization, Total	797M	840M	859M	844M	775M
Asset Writedown & Restructuring Costs	-	-	-	-	33M
Stock-Based Compensation (CF)	611M	638M	755M	804M	709M
Other Operating Activities, Total	-523M	-676M	-330M	-635M	-251M
Change In Accounts Receivable	-1.61B	-504M	489M	-329M	-257M
Change In Inventories	507M	-1.68B	-133M	908M	120M
Change In Accounts Payable	1.33B	1.36B	-225M	397M	-426M
Change in Other Net Operating Assets	-182M	-845M	-644M	-260M	-224M
Cash from Operations	6.66B	5.19B	5.84B	7.43B	3.7B
Capital Expenditure	-695M	-758M	-969M	-812M	-430M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-3.28B	-747M	1.48B	1.72B	147M
Other Investing Activities, Total	171M	-19M	52M	-15M	8M
Cash from Investing	-3.8B	-1.52B	564M	894M	-275M
Short Term Debt Issued, Total	-	15M	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	15M	-	-	-
Short Term Debt Repaid, Total	-52M	-	-4M	-	-1M
Long-Term Debt Repaid, Total	-197M	-	-500M	-	-1B
Total Debt Repaid	-249M	-	-504M	-	-1B
Issuance of Common Stock	1.17B	1.15B	651M	667M	551M
Repurchase of Common Stock	-608M	-4.01B	-5.48B	-4.25B	-2.98B
Common Dividends Paid	-1.64B	-1.84B	-2.01B	-2.17B	-2.3B
Common & Preferred Stock Dividends Paid	-1.64B	-1.84B	-2.01B	-2.17B	-2.3B
Other Financing Activities, Total	-136M	-151M	-102M	-136M	-85M
Cash from Financing	-1.46B	-4.84B	-7.45B	-5.89B	-5.82B
Foreign Exchange Rate Adjustments	143M	-143M	-91M	-16M	1M
Net Change in Cash	1.54B	-1.32B	-1.13B	2.42B	-2.4B
Supplemental Items
Cash Interest Paid	293M	290M	347M	381M	389M
Cash Income Tax Paid (Refund)	1.18B	1.23B	1.52B	1.3B	1.23B
Levered Free Cash Flow	5.62B	2.9B	3.87B	5.9B	3.72B
Unlevered Free Cash Flow	5.8B	3.09B	4.06B	6.07B	3.91B
Change In Net Working Capital	-571M	1.81B	286M	-1.01B	-538M
Net Debt Issued / Repaid	-249M	15M	-504M	-	-1B

Fiscal Period: May	2021	2022	2023	2024	2025
Profitability
Return on Assets	13.08	10.69	9.5	11.16	6.2
Return on Total Capital	19.38	15.6	13.68	16.06	9.14
Return On Equity %	55.01	43.11	34.63	40.09	23.29
Return on Common Equity	55.01	43.11	34.63	40.09	23.29
Margin Analysis
Gross Profit Margin %	44.91	45.98	43.52	44.68	42.73
SG&A Margin	28.67	31.69	31.98	31.53	34.74
EBITDA Margin %	18.02	16.09	13.23	14.79	9.67
EBITA Margin %	16.35	14.55	11.85	13.24	7.99
EBIT Margin %	16.24	14.29	11.55	13.15	7.99
Income From Continuing Operations Margin %	12.86	12.94	9.9	11.1	6.95
Net Income Margin %	12.86	12.94	9.9	11.1	6.95
Net Avail. For Common Margin %	12.86	12.94	9.9	11.1	6.95
Normalized Net Income Margin	9.76	9.03	7.57	8.66	5.37
Levered Free Cash Flow Margin	12.61	6.21	7.56	11.49	8.03
Unlevered Free Cash Flow Margin	13.03	6.61	7.92	11.82	8.43
Asset Turnover
Asset Turnover	1.29	1.2	1.32	1.36	1.24
Fixed Assets Turnover	5.57	5.94	6.52	6.53	6.07
Receivables Turnover (Average Receivables)	12.35	10.23	11.64	12	10.13
Inventory Turnover (Average Inventory)	3.45	3.3	3.43	3.56	3.53
Short Term Liquidity
Current Ratio	2.72	2.63	2.72	2.4	2.21
Quick Ratio	1.85	1.65	1.6	1.51	1.31
Operating Cash Flow to Current Liabilities	0.69	0.48	0.63	0.7	0.35
Days Sales Outstanding (Average Receivables)	29.55	35.67	31.35	30.49	36.04
Days Outstanding Inventory (Average Inventory)	105.77	110.48	106.47	102.88	103.28
Average Days Payable Outstanding	38.62	42.18	39.2	38.05	43.61
Cash Conversion Cycle (Average Days)	96.7	103.97	98.62	95.33	95.71
Long Term Solvency
Total Debt/Equity	100.36	82.63	86.72	83.04	83.41
Total Debt / Total Capital	50.09	45.24	46.44	45.37	45.48
LT Debt/Equity	96.69	76.55	83.64	72.76	79.57
Long-Term Debt / Total Capital	48.26	41.91	44.8	39.75	43.39
Total Liabilities / Total Assets	66.17	62.1	62.69	62.14	63.88
EBIT / Interest Expense	24.43	22.32	20.33	25.11	12.46
EBITDA / Interest Expense	30.28	28.34	26.67	32.15	18.76
(EBITDA - Capex) / Interest Expense	27.94	25.81	23.34	29.13	17.31
Total Debt / EBITDA	1.43	1.49	1.56	1.39	1.98
Net Debt / EBITDA	-0.07	-0.04	0.19	0.05	0.34
Total Debt / (EBITDA - Capex)	1.55	1.64	1.79	1.53	2.14
Net Debt / (EBITDA - Capex)	-0.08	-0.05	0.22	0.05	0.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.08	4.88	9.65	0.28	-9.84
Gross Profit, 1 Yr. Growth %	23.15	7.39	3.78	2.96	-13.77
EBITDA, 1 Yr. Growth %	89.61	-6.39	-9.86	12.16	-40.7
EBITA, 1 Yr. Growth %	107.34	-6.67	-10.69	12.04	-45.19
EBIT, 1 Yr. Growth %	132.13	-7.69	-11.39	14.18	-45.19
Earnings From Cont. Operations, 1 Yr. Growth %	125.56	5.57	-16.14	12.43	-43.53
Net Income, 1 Yr. Growth %	125.56	5.57	-16.14	12.43	-43.53
Normalized Net Income, 1 Yr. Growth %	111.27	-2.99	-8.09	14.76	-44.32
Diluted EPS Before Extra, 1 Yr. Growth %	122.5	5.34	-13.87	15.48	-42.09
Accounts Receivable, 1 Yr. Growth %	62.35	4.57	-11.48	7.17	6.55
Inventory, 1 Yr. Growth %	-6.96	22.85	0.4	-11.06	-0.4
Net Property, Plant and Equip., 1 Yr. Growth %	0.68	-3.74	3.72	-3.57	-2.31
Total Assets, 1 Yr. Growth %	20.41	6.84	-6.92	1.54	-4.02
Tangible Book Value, 1 Yr. Growth %	62.16	20.03	-8.58	3.58	-8.74
Common Equity, 1 Yr. Growth %	58.5	19.69	-8.36	3.04	-8.43
Cash From Operations, 1 Yr. Growth %	167.89	-22.07	12.59	27.19	-50.22
Capital Expenditures, 1 Yr. Growth %	-36	9.06	27.84	-16.2	-47.04
Levered Free Cash Flow, 1 Yr. Growth %	158.14	-48.4	33.63	52.33	-36.44
Unlevered Free Cash Flow, 1 Yr. Growth %	155.56	-46.83	31.43	49.64	-35.13
Dividend Per Share, 1 Yr. Growth %	12.04	11.21	11.34	9.43	8.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.7	11.75	7.24	4.86	-4.91
Gross Profit, 2 Yr. CAGR %	6.99	15	5.57	3.37	-5.78
EBITDA, 2 Yr. CAGR %	20.9	33.23	-8.14	0.55	-17.75
EBITA, 2 Yr. CAGR %	23.35	39.11	-8.71	0.03	-20.89
EBIT, 2 Yr. CAGR %	23.1	46.38	-9.56	0.59	-20.89
Earnings From Cont. Operations, 2 Yr. CAGR %	19.22	54.31	-5.91	-2.9	-20.32
Net Income, 2 Yr. CAGR %	19.22	54.31	-5.91	-2.9	-20.32
Normalized Net Income, 2 Yr. CAGR %	20.36	52.87	-5.58	3.44	-19.92
Diluted EPS Before Extra, 2 Yr. CAGR %	19.57	53.09	-4.75	-0.27	-18.22
Accounts Receivable, 2 Yr. CAGR %	2.21	30.3	-3.79	-2.61	6.86
Inventory, 2 Yr. CAGR %	10.41	6.91	11.06	-5.5	-5.88
Net Property, Plant and Equip., 2 Yr. CAGR %	30	-1.56	-0.08	0.01	-2.94
Total Assets, 2 Yr. CAGR %	26.15	13.42	-0.28	-2.78	-1.28
Tangible Book Value, 2 Yr. CAGR %	19.36	39.51	4.75	-2.69	-2.77
Common Equity, 2 Yr. CAGR %	18.84	37.73	4.73	-2.82	-2.87
Cash From Operations, 2 Yr. CAGR %	6.19	44.49	-6.33	19.66	-20.43
Capital Expenditures, 2 Yr. CAGR %	-21.19	-16.46	18.08	3.5	-33.38
Levered Free Cash Flow, 2 Yr. CAGR %	37.43	15.41	-16.96	42.67	0.03
Unlevered Free Cash Flow, 2 Yr. CAGR %	37.79	16.57	-16.4	40.24	0.08
Dividend Per Share, 2 Yr. CAGR %	11.54	11.63	11.28	10.39	8.85
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.96	6.09	11.05	4.87	-0.29
Gross Profit, 3 Yr. CAGR %	7.82	7.12	11.13	4.69	-2.69
EBITDA, 3 Yr. CAGR %	15.44	11.02	16.96	-1.82	-15.86
EBITA, 3 Yr. CAGR %	17.66	12.4	20	-2.26	-18.34
EBIT, 3 Yr. CAGR %	17.61	11.84	23.83	-2.25	-17.84
Earnings From Cont. Operations, 3 Yr. CAGR %	43.63	14.49	25.93	-0.16	-18.95
Net Income, 3 Yr. CAGR %	43.63	14.49	25.93	-0.16	-18.95
Normalized Net Income, 3 Yr. CAGR %	17.16	12.01	29.02	0.77	-15.75
Diluted EPS Before Extra, 3 Yr. CAGR %	44.91	14.62	26.38	1.57	-16.8
Accounts Receivable, 3 Yr. CAGR %	8.46	2.99	14.54	-0.27	0.36
Inventory, 3 Yr. CAGR %	9.22	14.41	4.69	3.13	-3.83
Net Property, Plant and Equip., 3 Yr. CAGR %	21.64	17.61	0.17	-1.26	-0.77
Total Assets, 3 Yr. CAGR %	18.75	19.35	6.19	0.33	-3.19
Tangible Book Value, 3 Yr. CAGR %	9.35	19.58	21.18	4.36	-4.75
Common Equity, 3 Yr. CAGR %	9.17	19.12	20.24	4.17	-4.73
Cash From Operations, 3 Yr. CAGR %	10.34	-4.21	32.96	3.73	-10.67
Capital Expenditures, 3 Yr. CAGR %	-12.23	-12.18	-3.73	5.32	-17.22
Levered Free Cash Flow, 3 Yr. CAGR %	20.48	-0.85	21.19	1.65	8.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	20.82	0.32	21.33	1.5	8.17
Dividend Per Share, 3 Yr. CAGR %	11.11	11.43	11.53	10.66	9.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.59	6.34	7.07	5.6	4.36
Gross Profit, 5 Yr. CAGR %	5.96	7	6.92	5.6	4.03
EBITDA, 5 Yr. CAGR %	9.23	6.58	5.35	6.71	1.12
EBITA, 5 Yr. CAGR %	10.04	7.39	6.3	7.28	1.05
EBIT, 5 Yr. CAGR %	9.94	7.05	5.88	7.19	3.51
Earnings From Cont. Operations, 5 Yr. CAGR %	8.78	7.35	21.27	7.19	4.86
Net Income, 5 Yr. CAGR %	8.78	7.35	21.27	7.19	4.86
Normalized Net Income, 5 Yr. CAGR %	8.51	6.67	7.47	8.19	6.62
Diluted EPS Before Extra, 5 Yr. CAGR %	10.51	8.36	22.52	8.42	6.19
Accounts Receivable, 5 Yr. CAGR %	6.61	4.88	3.38	0.72	11.4
Inventory, 5 Yr. CAGR %	7.22	10.74	9.95	5.99	0.33
Net Property, Plant and Equip., 5 Yr. CAGR %	17.89	14.11	12.44	10.22	-1.09
Total Assets, 5 Yr. CAGR %	12.04	11.63	10.74	9.95	3.14
Tangible Book Value, 5 Yr. CAGR %	0.68	4.18	7.49	10.12	10.96
Common Equity, 5 Yr. CAGR %	0.82	4.26	7.37	9.8	10.4
Cash From Operations, 5 Yr. CAGR %	14.39	6.17	3.34	4.71	8.28
Capital Expenditures, 5 Yr. CAGR %	-9.47	-7.26	-1.18	-6.21	-16.91
Levered Free Cash Flow, 5 Yr. CAGR %	27.15	4.79	3.81	14.68	11.32
Unlevered Free Cash Flow, 5 Yr. CAGR %	27.69	5.62	4.27	14.7	11.46
Dividend Per Share, 5 Yr. CAGR %	11.53	11.2	11.18	11.01	10.45