NKE - NIKE, Inc. Report

NIKE, Inc. (NKE : NYQ)

Sector: Consumer Cyclical | Industry: Footwear & Accessories

$40.76

+0.55 (+1.37%)

MARKET CAP

$60.47B

FCF YIELD

3.12%

CURRENT PRICE

$40.76

P/E RATIO

19.41x

Overview Financial Statements Metrics History DCF Valuation

INCOME STATEMENT (ANNUAL - 3-YEAR VIEW)

Financial Line Item	2026-05-31	2025-05-31	2024-05-31
1. REVENUE
Operating Revenue	$46.40B	$46.31B	$51.36B
Total Revenue	$46.40B	$46.31B	$51.36B
2. OPERATING EXPENSES
Reconciled Cost Of Revenue	$26.49B	$26.52B	$28.48B
Tax Provision	$792.00M	$666.00M	$1.00B
Operating Expense	$16.11B	$16.09B	$16.58B
Other Operating Expenses	-	-	-
Selling General And Administration	$16.11B	$16.09B	$16.58B
Cost Of Revenue	$26.49B	$26.52B	$28.48B
Total Expenses	$42.60B	$42.61B	$45.05B
3. NET INCOME & EARNINGS DETAILS
Tax Effect Of Unusual Items	$0.00	$0.00	$0.00
Tax Rate For Calcs	20.31%	17.14%	14.90%
Normalized EBITDA	$4.59B	$4.51B	$7.16B
Net Income From Continuing Operation Net Minority Interest	$3.11B	$3.22B	$5.70B
Reconciled Depreciation	$797.00M	$808.00M	$844.00M
EBITDA	$4.59B	$4.51B	$7.16B
EBIT	$3.80B	$3.70B	$6.31B
Net Interest Income	$50.00M	$107.00M	$161.00M
Normalized Income	$3.11B	$3.22B	$5.70B
Net Income From Continuing And Discontinued Operation	$3.11B	$3.22B	$5.70B
Diluted Average Shares	1.48B	1.49B	1.53B
Basic Average Shares	1.48B	1.48B	1.52B
Diluted EPS	$2.10	$2.16	$3.73
Basic EPS	$2.10	$2.17	$3.76
Diluted NI Availto Com Stockholders	$3.11B	$3.22B	$5.70B
Net Income Including Noncontrolling Interests	$3.11B	$3.22B	$5.70B
Net Income Continuous Operations	$3.11B	$3.22B	$5.70B
Pretax Income	$3.90B	$3.88B	$6.70B
Other Income Expense	$53.00M	$76.00M	$228.00M
Other Non Operating Income Expenses	$53.00M	$76.00M	$228.00M
Net Non Operating Interest Income Expense	$50.00M	$107.00M	$161.00M
Total Other Finance Cost	$-50.00M	$-107.00M	$-161.00M
Operating Income	$3.80B	$3.70B	$6.31B
Selling And Marketing Expense	$4.75B	$4.69B	$4.29B
General And Administrative Expense	$11.36B	$11.40B	$12.29B
Other Gand A	$11.36B	$11.40B	$12.29B
Gross Profit	$19.91B	$19.79B	$22.89B
Net Income Common Stockholders	$3.11B	$3.22B	$5.70B
Net Income	$3.11B	$3.22B	$5.70B

Financial Line Item	2026-05-31	2025-05-31	2024-05-31
1. ASSETS
1. Current Assets
Working Capital	$12.06B	$12.80B	$14.79B
Pensionand Other Post Retirement Benefit Plans Current	$1.57B	$1.25B	$1.87B
Current Provisions	$1.59B	$1.83B	$1.28B
Prepaid Assets	-	-	-
Inventory	$7.50B	$7.49B	$7.52B
Receivables	$5.93B	$4.72B	$4.43B
Accounts Receivable	$5.93B	$4.72B	$4.43B
Allowance For Doubtful Accounts Receivable	-	$-27.00M	$-35.00M
Gross Accounts Receivable	-	$4.74B	$4.46B
Cash Cash Equivalents And Short Term Investments	$9.03B	$9.15B	$11.58B
Other Short Term Investments	$1.46B	$1.69B	$1.72B
Cash And Cash Equivalents	$7.56B	$7.46B	$9.86B
Cash Equivalents	$5.84B	$6.24B	$8.64B
Cash Financial	$1.72B	$1.22B	$1.22B
Current Assets	$24.60B	$23.36B	$25.38B
Other Current Assets	$2.14B	$2.00B	$1.85B
2. Long Term Assets
Tangible Book Value	$14.37B	$12.71B	$13.93B
Net Tangible Assets	$14.37B	$12.71B	$13.93B
Other Non Current Assets	$5.67B	$5.18B	$4.51B
Non Current Deferred Assets	-	-	-
Non Current Deferred Taxes Assets	-	-	-
Goodwill And Other Intangible Assets	$499.00M	$499.00M	$499.00M
Other Intangible Assets	$259.00M	$259.00M	$259.00M
Goodwill	$240.00M	$240.00M	$240.00M
Net PPE	$7.63B	$7.54B	$7.72B
Accumulated Depreciation	$-6.53B	$-6.10B	$-5.91B
Gross PPE	$14.16B	$13.64B	$13.63B
Leases	$2.11B	$2.04B	$2.02B
Construction In Progress	$427.00M	$404.00M	$193.00M
Other Properties	$2.84B	$2.71B	$2.72B
Machinery Furniture Equipment	$4.86B	$4.65B	$4.93B
Buildings And Improvements	$3.59B	$3.51B	$3.44B
Land And Improvements	$333.00M	$334.00M	$329.00M
Properties	$0.00	$0.00	$0.00
Finished Goods	$7.50B	$7.49B	$7.52B
Total Non Current Assets	$13.81B	$13.22B	$12.73B
Total Assets	$38.41B	$36.58B	$38.11B
2. LIABILITIES
1. Current Liabilities
Current Debt And Capital Lease Obligation	$2.48B	$502.00M	$1.48B
Current Capital Lease Obligation	$478.00M	$502.00M	$477.00M
Current Debt	$2.00B	$5.00M	$1.01B
Other Current Borrowings	$2.00B	-	$1.00B
Current Notes Payable	-	$5.00M	$6.00M
Payables And Accrued Expenses	$6.91B	$6.99B	$5.96B
Current Accrued Expenses	$2.32B	$2.24B	$2.01B
Payables	$4.59B	$4.75B	$3.95B
Dividends Payable	$618.00M	$598.00M	$563.00M
Total Tax Payable	$377.00M	$669.00M	$534.00M
Income Tax Payable	$377.00M	$669.00M	$534.00M
Accounts Payable	$3.60B	$3.48B	$2.85B
Current Liabilities	$12.55B	$10.57B	$10.59B
2. Long Term Liabilities
Net Debt	$379.00M	$497.00M	-
Total Debt	$11.03B	$11.01B	$11.95B
Capital Lease Obligations	$3.09B	$3.05B	$3.04B
Other Non Current Liabilities	$2.44B	$2.29B	$2.62B
Non Current Deferred Liabilities	-	-	-
Non Current Deferred Taxes Liabilities	-	-	-
Long Term Debt And Capital Lease Obligation	$8.55B	$10.51B	$10.47B
Long Term Capital Lease Obligation	$2.61B	$2.55B	$2.57B
Long Term Debt	$5.94B	$7.96B	$7.90B
Total Non Current Liabilities Net Minority Interest	$11.00B	$12.80B	$13.09B
Total Liabilities Net Minority Interest	$23.55B	$23.37B	$23.68B
3. STOCKHOLDERS' EQUITY
1. Retained Earnings
Retained Earnings	$-155.00M	$-727.00M	$965.00M
2. Other Stockholders' Equity
Ordinary Shares Number	1.48B	1.48B	1.50B
Share Issued	$1.48B	$1.48B	$1.50B
Invested Capital	$22.81B	$21.17B	$23.34B
Common Stock Equity	$14.87B	$13.21B	$14.43B
Total Capitalization	$20.81B	$21.17B	$22.33B
Gains Losses Not Affecting Retained Earnings	$-141.00M	$-258.00M	$53.00M
Other Equity Adjustments	$-141.00M	$-258.00M	$53.00M
Additional Paid In Capital	$15.16B	$14.20B	$13.41B
Capital Stock	$3.00M	$3.00M	$3.00M
Common Stock	$3.00M	$3.00M	$3.00M
Preferred Securities Outside Stock Equity	$0.00	$0.00	$0.00
Stockholders Equity	$14.87B	$13.21B	$14.43B

Financial Line Item	2026-05-31	2025-05-31	2024-05-31
1. CASH FLOW FROM OPERATING ACTIVITIES
Free Cash Flow	$2.18B	$3.27B	$6.62B
Interest Paid Supplemental Data	$323.00M	$389.00M	$381.00M
Income Tax Paid Supplemental Data	$0.00	$1.23B	$1.30B
Effect Of Exchange Rate Changes	$11.00M	$1.00M	$-16.00M
Common Stock Payments	$-146.00M	$-2.98B	$-4.25B
Long Term Debt Payments	$0.00	$-1.00B	$0.00
Net PPE Purchase And Sale	$-684.00M	$-430.00M	$-812.00M
Change In Working Capital	$-1.68B	$-787.00M	$716.00M
Change In Payables And Accrued Expense	$-959.00M	$-426.00M	$397.00M
Change In Payable	$-959.00M	$-426.00M	$397.00M
Change In Account Payable	$-959.00M	$-426.00M	$397.00M
Change In Prepaid Assets	$519.00M	$-224.00M	$-260.00M
Change In Inventory	$-31.00M	$120.00M	$908.00M
Change In Receivables	$-1.21B	$-257.00M	$-329.00M
Changes In Account Receivables	$-1.21B	$-257.00M	$-329.00M
Stock Based Compensation	$715.00M	$709.00M	$804.00M
Deferred Tax	$-96.00M	$-288.00M	$-497.00M
Deferred Income Tax	$-96.00M	$-288.00M	$-497.00M
Depreciation Amortization Depletion	$797.00M	$808.00M	$844.00M
Depreciation And Amortization	$797.00M	$808.00M	$844.00M
Amortization Cash Flow	$50.00M	$33.00M	$48.00M
Amortization Of Intangibles	$50.00M	$33.00M	$48.00M
Depreciation	$747.00M	$775.00M	$796.00M
Operating Gains Losses	$22.00M	$37.00M	$-138.00M
Net Foreign Currency Exchange Gain Loss	$22.00M	$37.00M	$-138.00M
Net Income From Continuing Operations	$3.11B	$3.22B	$5.70B
Operating Cash Flow	$2.87B	$3.70B	$7.43B
Cash Flow From Continuing Operating Activities	$2.87B	$3.70B	$7.43B
2. CASH FLOW FROM INVESTING ACTIVITIES
Repurchase Of Capital Stock	$-146.00M	$-2.98B	$-4.25B
Capital Expenditure	$-684.00M	$-430.00M	$-812.00M
Net Other Investing Changes	$-65.00M	$8.00M	$-15.00M
Net Investment Purchase And Sale	$261.00M	$147.00M	$1.72B
Sale Of Investment	$1.58B	$3.38B	$6.49B
Purchase Of Investment	$-1.32B	$-3.23B	$-4.77B
Purchase Of PPE	$-684.00M	$-430.00M	$-812.00M
Investing Cash Flow	$-488.00M	$-275.00M	$894.00M
Cash Flow From Continuing Investing Activities	$-488.00M	$-275.00M	$894.00M
3. CASH FLOW FROM FINANCING ACTIVITIES
Repayment Of Debt	$0.00	$-1.00B	$0.00
Issuance Of Debt	-	-	-
Net Other Financing Charges	$-93.00M	$-86.00M	$-136.00M
Proceeds From Stock Option Exercised	$354.00M	$551.00M	$667.00M
Cash Dividends Paid	$-2.41B	$-2.30B	$-2.17B
Common Stock Dividend Paid	$-2.41B	$-2.30B	$-2.17B
Net Common Stock Issuance	$-146.00M	$-2.98B	$-4.25B
Net Issuance Payments Of Debt	$0.00	$-1.00B	$0.00
Net Short Term Debt Issuance	-	$-1.00M	$0.00
Net Long Term Debt Issuance	$0.00	$-1.00B	$0.00
Long Term Debt Issuance	-	-	-
Financing Cash Flow	$-2.29B	$-5.82B	$-5.89B
Cash Flow From Continuing Financing Activities	$-2.29B	$-5.82B	$-5.89B
4. CASH RECONCILIATION
Beginning Cash Position	$7.46B	$9.86B	$7.44B
Changes In Cash	$88.00M	$-2.40B	$2.44B
End Cash Position	$7.56B	$7.46B	$9.86B

FINANCIAL RATIOS & STATS

Financial Metric	Value
Trailing P/E	19.41x
Forward P/E	17.79x
Price-to-Book (P/B)	4.07x
Price-to-Sales (P/S)	1.30x
Net Profit Margin (Net Income / Revenue)	6.70%
Operating Profit Margin (EBIT / Revenue)	12.69%
Return on Equity (ROE)	22.14%
Return on Assets (ROA)	6.97%
Dividend Rate	$1.64
Dividend Yield	4.02%
Ex-Dividend Date	2026-09-01
Next Earnings Date	2026-06-30