NIKE, Inc.
NKE· NYSE· Rubber & Plastics Footwear
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 4.7%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +0.8%
We record prices for the companies we cover; NKE is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 1.48B
- Revenue
- $46.4B
- Free cash flow
- $2.2B
- Owner earnings
- $1.5B
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 42.9%
- Operating
- –
- Net
- 6.7%
- Free cash flow
- 4.7%
- Owner earnings
- 3.2%
- Stock pay
- 1.5%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- 20.9%
- ROE, 5 yr avg
- 32.1%
Growth (CAGR)
- Revenue, 3 yr
- -3.2%
- Revenue, 5 yr
- 0.8%
- Revenue, 9 yr
- 3.4%
- Diluted EPS, 3 yr
- -13.4%
- Diluted EPS, 5 yr
- -10.0%
- Diluted EPS, 9 yr
- -2.0%
- Free cash flow, 3 yr
- -23.5%
- Free cash flow, 5 yr
- -18.2%
- Free cash flow, 9 yr
- -2.5%
Financial health · FY2026
- Cash and investments
- $7.6B
- Total debt
- $7.9B
- Net debt
- $379.0M
- Debt/Equity
- 0.5x
- Debt/FCF
- 3.6x
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- 77.4%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -1.6%
Financials: ten years from the 10-Ks
Revenue
$46.4B
+3.4% a year over 9 years
FY2017FY2026
Margins
Gross42.9%Net6.7%
FY2026
FY2017FY2026
Free cash flow and owner earnings
Free cash flow$2.2BOwner earnings$1.5B
Free cash flow -2.5% a year
FY2017FY2026
Diluted shares
1.48B
-12.5% over 9 years, net buybacks
FY2017FY2026
Net debt (below zero)
-$379.0M
$379.0M more debt than cash
FY2017FY2026
Every figure, year by year
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $34.4B | $36.4B | $39.1B | $37.4B | $44.5B | $46.7B | $51.2B | $51.4B | $46.3B | $46.4B |
| Revenue growth | 6.1% | 6.0% | 7.5% | -4.4% | 19.1% | 4.9% | 9.6% | 0.3% | -9.8% | 0.2% |
| Gross margin | 44.6% | 43.8% | 44.7% | 43.4% | 44.8% | 46.0% | 43.5% | 44.6% | 42.7% | 42.9% |
| Operating margin | – | – | – | – | – | – | – | – | – | – |
| Net income | $4.2B | $1.9B | $4.0B | $2.5B | $5.7B | $6.0B | $5.1B | $5.7B | $3.2B | $3.1B |
| Net margin | 12.3% | 5.3% | 10.3% | 6.8% | 12.9% | 12.9% | 9.9% | 11.1% | 7.0% | 6.7% |
| Diluted EPS | $2.51 | $1.17 | $2.49 | $1.60 | $3.56 | $3.75 | $3.23 | $3.73 | $2.16 | $2.10 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $3.8B | $5.0B | $5.9B | $2.5B | $6.7B | $5.2B | $5.8B | $7.4B | $3.7B | $2.9B |
| Capital expenditure | $1.1B | $1.0B | $1.1B | $1.1B | $695.0M | $758.0M | $969.0M | $812.0M | $430.0M | $684.0M |
| Free cash flow | $2.7B | $3.9B | $4.8B | $1.4B | $6.0B | $4.4B | $4.9B | $6.6B | $3.3B | $2.2B |
| Stock-based compensation | $215.0M | $218.0M | $325.0M | $429.0M | $611.0M | $638.0M | $755.0M | $804.0M | $709.0M | $715.0M |
| Owner earnings? | $2.5B | $3.7B | $4.5B | $970.0M | $5.4B | $3.8B | $4.1B | $5.8B | $2.6B | $1.5B |
| Free cash flow per share | $1.62 | $2.37 | $2.96 | $0.88 | $3.70 | $2.75 | $3.10 | $4.33 | $2.20 | $1.47 |
| Capital allocation | ||||||||||
| Dividends paid | $1.1B | $1.2B | $1.3B | $1.5B | $1.6B | $1.8B | $2.0B | $2.2B | $2.3B | $2.4B |
| Share repurchases | $3.2B | $4.3B | $4.3B | $3.1B | $608.0M | $4.0B | $5.5B | $4.3B | $3.0B | $146.0M |
| Diluted shares | 1.69B | 1.66B | 1.62B | 1.59B | 1.61B | 1.61B | 1.57B | 1.53B | 1.49B | 1.48B |
| Share count change? | -2.9% | -1.9% | -2.5% | -1.7% | 1.1% | 0.1% | -2.5% | -2.6% | -2.8% | -0.4% |
| Balance sheet | ||||||||||
| Cash and equivalents | $3.8B | $4.2B | $4.5B | $8.3B | $9.9B | $8.6B | $7.4B | $9.9B | $7.5B | $7.6B |
| Short-term investments | – | $996.0M | $197.0M | $439.0M | $3.6B | – | – | – | – | – |
| Total debt | $3.8B | $3.8B | $3.5B | $9.7B | $9.4B | $9.4B | $8.9B | $8.9B | $8.0B | $7.9B |
| Net debt | -$6.0M | -$1.4B | -$1.2B | $870.0M | -$4.1B | $856.0M | $1.5B | -$951.0M | $502.0M | $379.0M |
| Shareholders' equity | $12.4B | $9.8B | $9.0B | $8.1B | $12.8B | $15.3B | $14.0B | $14.4B | $13.2B | $14.9B |
Latest filings
| 2026-10-02 | 10-Q | Quarterly report |
| 2026-10-01 | 8-K | Earnings release |
| 2026-07-15 | DEF 14A | Proxy statement |
| 2026-07-15 | 10-K | Annual report |
| 2026-06-30 | 8-K | Earnings release |
| 2026-06-23 | 8-K | Earnings release |
| 2026-04-01 | 10-Q | Quarterly report |
| 2026-03-31 | 8-K | Earnings release |
| 2025-12-30 | 10-Q | Quarterly report |
| 2025-12-18 | 8-K | Earnings release |
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