NIKE, Inc.

10-K & 10-Q Filings

NIKE, Inc. is a corporation incorporated in Oregon, with its principal business activity being the design, development, and worldwide marketing and selling of athletic footwear, apparel, equipment, accessories, and services. The company's business strategy focuses on creating innovative products and experiences through research, design, and development, as well as effective sourcing and distribution. NIKE operates in four reportable segments: North America, Europe, Middle East & Africa (EMEA), Greater China, and Asia Pacific & Latin America (APLA), with NIKE Brand and Converse sales accounting for approximately 96% of total revenues. The company's website is www.nike.com, and its ticker symbol is NKE.

12 mos ending May 31, 201212 mos ending May 31, 201312 mos ending May 31, 201412 mos ending May 31, 201512 mos ending May 31, 201612 mos ending May 31, 201712 mos ending May 31, 201812 mos ending May 31, 201912 mos ending May 31, 202012 mos ending May 31, 202112 mos ending May 31, 202212 mos ending May 31, 20239 mos ending Feb 28, 20239 mos ending Feb 29, 2024CAGR %YoY %Revenue (+)
$24128.00
25313.00
27799.00
30601.00
32376.00
34350.00
36397.00
39117.00
37403.00
44538.00
46710.00
51217.00
38392.00
38756.00
7.08%0.95%Cost of Revenue (-)
$13657.00
14279.00
15353.00
16534.00
17405.00
19038.00
20441.00
21643.00
21162.00
24576.00
25231.00
28925.00
21695.00
21503.00
7.06%-0.88%Gross Profit (+)
$10471.00
11034.00
12446.00
14067.00
14971.00
15312.00
15956.00
17474.00
16241.00
19962.00
21479.00
22292.00
16697.00
17253.00
7.11%3.33%Selling, General & Administrative (-)
$7431.00
7780.00
8766.00
9892.00
10469.00
10563.00
11511.00
12702.00
13126.00
13025.00
14804.00
16377.00
12003.00
12488.00
7.45%4.04%Marketing Expenses (-)
$2711.00
2745.00
3031.00
3213.00
3278.00
3341.00
3577.00
3753.00
3592.00
3114.00
3850.00
4060.00
2968.00
3194.00
3.74%7.61%Operating Expenses (-)
$7431.00
7780.00
8766.00
9892.00
10469.00
10563.00
11511.00
12702.00
13126.00
13025.00
14804.00
16377.00
12003.00
12488.00
7.45%4.04%Costs & Expenses (Total) (-)
$21088.00
22059.00
24119.00
26426.00
27874.00
29601.00
31952.00
34345.00
34288.00
37601.00
40035.00
45302.00
33698.00
33991.00
7.20%0.87%Operating Income/Loss (+)
$3040.00
3254.00
3680.00
4175.00
4502.00
4749.00
4445.00
4772.00
3115.00
6937.00
6675.00
5915.00
4694.00
4765.00
6.24%1.51%Non-operating Income/Expense (+)
$-54.00
15.00
-103.00
58.00
140.00
196.00
-66.00
78.00
-139.00
-14.00
181.00
280.00
283.00
101.00
-64.31%Interest Expense (-)
$3.00
-3.00
33.00
28.00
19.00
59.00
54.00
49.00
89.00
262.00
205.00
-6.00
22.00
-108.00
-590.91%Earnings before Tax (+)
$2983.00
3272.00
3544.00
4205.00
4623.00
4886.00
4325.00
4801.00
2887.00
6661.00
6651.00
6201.00
4955.00
4974.00
6.88%0.38%Tax Expense (-)
$760.00
808.00
851.00
932.00
863.00
646.00
2392.00
772.00
348.00
934.00
605.00
1131.00
916.00
774.00
3.68%-15.50%Income/Loss (Continuing Operations) (+)
$2223.00
2464.00
2693.00
3273.00
3760.00
4240.00
1933.00
4029.00
2539.00
5727.00
6046.00
5070.00
4039.00
4200.00
7.78%3.99%Income/Loss (Discontinued Operations) (+)
$
21.00
Net Income/Loss (+)
$2223.00
2485.00
2693.00
3273.00
3760.00
4240.00
1933.00
4029.00
2539.00
5727.00
6046.00
5070.00
4039.00
4200.00
7.78%3.99%Net Income/Loss (Common) (+)
$2223.00
2485.00
2693.00
3273.00
3760.00
4240.00
1933.00
4029.00
2539.00
5727.00
6046.00
5070.00
4039.00
4200.00
7.78%3.99%EPS (Basic)
$4.83
2.75
3.05
3.80
2.21
2.56
1.19
2.55
1.63
3.64
3.83
3.27
2.59
2.76
-3.48%6.56%EPS (Diluted)
$4.73
0.02
2.16
2.51
1.17
2.49
1.60
3.56
3.75
3.23
2.57
2.74
-3.41%6.61%Weighted Avg Shares (Basic)
455.87
855.35
1348.37
1313.95
1280.49
1579.70
1558.80
1573.00
1578.80
1551.60
1556.70
1520.80
11.78%-2.31%Weighted Avg Shares (Diluted)
1618.40
1591.60
1609.40
1610.80
1569.80
1574.40
1534.00
-2.57%Cash
$2317.00
3337.00
2220.00
3852.00
3138.00
3808.00
4249.00
4466.00
8348.00
9889.00
8574.00
7441.00
6955.00
8960.00
11.19%28.83%Short-term Investments
$1440.00
2628.00
2922.00
2072.00
2319.00
2371.00
996.00
197.00
439.00
3587.00
4423.00
3234.00
3847.00
1613.00
7.63%-58.07%Receivables
$3280.00
3117.00
3434.00
3358.00
3241.00
3677.00
3498.00
4272.00
2749.00
4463.00
4667.00
4131.00
4513.00
4526.00
2.12%0.29%Prepaid Expenses (Current)
$870.00
802.00
818.00
1968.00
1489.00
1150.00
1130.00
1968.00
1653.00
1498.00
2129.00
1942.00
1815.00
1928.00
7.57%6.23%Other Assets (Current)
$3624.00
3742.00
4302.00
4726.00
4838.00
5055.00
5261.00
5622.00
7367.00
6854.00
8420.00
8454.00
8905.00
7726.00
8.00%-13.24%Assets (Current)
$11531.00
13626.00
13696.00
15976.00
15025.00
16061.00
15134.00
16525.00
20556.00
26291.00
28213.00
25202.00
26035.00
24753.00
7.37%-4.92%Property, Plant & Equipment (Net)
$2279.00
2452.00
2834.00
3011.00
3520.00
3989.00
4454.00
4744.00
7963.00
8017.00
7717.00
8004.00
7773.00
7938.00
12.10%2.12%Goodwill & Intangibles
$736.00
513.00
413.00
412.00
412.00
422.00
439.00
437.00
497.00
511.00
286.00
555.00
558.00
499.00
-2.53%-10.57%Other Assets
$919.00
993.00
1651.00
2201.00
2439.00
2787.00
2509.00
2011.00
2326.00
2921.00
4105.00
3770.00
3928.00
4166.00
13.69%6.06%Assets (Non-current)
$3934.00
3958.00
4898.00
5624.00
6371.00
7198.00
7402.00
7192.00
10786.00
11449.00
12108.00
12329.00
12259.00
12603.00
10.94%2.81%Assets (Total)
$15465.00
17584.00
18594.00
21600.00
21396.00
23259.00
22536.00
23717.00
31342.00
37740.00
40321.00
37531.00
38294.00
37356.00
8.39%-2.45%Accounts Payable
$3708.00
3730.00
4853.00
6153.00
5313.00
5143.00
5698.00
7851.00
7588.00
9205.00
9800.00
8825.00
8599.00
8549.00
8.20%-0.58%Debt (Current)
$157.00
178.00
174.00
181.00
45.00
331.00
342.00
15.00
696.00
2.00
510.00
6.00
514.00
6.00
-25.68%-98.83%Other Liabilities (Current)
$
18.00
467.00
420.00
425.00
435.00
474.00
8.97%Liabilities (Current)
$3865.00
3926.00
5027.00
6334.00
5358.00
5474.00
6040.00
7866.00
8284.00
9674.00
10730.00
9256.00
9548.00
9029.00
8.26%-5.44%Debt (Non-current)
$228.00
1210.00
1199.00
1079.00
2010.00
3471.00
3468.00
3464.00
12319.00
9413.00
8920.00
8927.00
8925.00
8930.00
39.57%0.06%Other Liabilities
$
5886.00
5390.00
5344.00
5290.00
5171.00
-2.25%Liabilities (Non-current)
$228.00
1210.00
1199.00
1079.00
2010.00
3471.00
3468.00
3464.00
12319.00
15299.00
14310.00
14271.00
14215.00
14101.00
45.65%-0.80%Liabilities (Total)
$2053.00
5136.00
6226.00
7413.00
7368.00
8945.00
9508.00
11330.00
20603.00
24973.00
25040.00
23527.00
23763.00
23130.00
24.82%-2.66%Retained Earnings
$5588.00
5695.00
4871.00
4685.00
4151.00
3979.00
3517.00
1643.00
-191.00
3179.00
3476.00
1358.00
2152.00
970.00
-12.07%-54.93%AOCI
$149.00
274.00
85.00
1246.00
318.00
-213.00
-92.00
231.00
-56.00
-380.00
318.00
231.00
302.00
125.00
4.07%-58.61%Shareholder's Equity
$10381.00
11156.00
10824.00
12707.00
12258.00
12407.00
9812.00
9040.00
16110.00
12767.00
15281.00
14004.00
14531.00
14226.00
2.76%-2.10%Liabilities & Equity
$15465.00
17584.00
18594.00
21600.00
21396.00
23259.00
22536.00
23717.00
31342.00
37740.00
40321.00
37531.00
38294.00
37356.00
8.39%-2.45%Net Income/Loss
$2223.00
2485.00
2693.00
3273.00
3760.00
4240.00
1933.00
4029.00
2539.00
5727.00
6046.00
5070.00
4039.00
4200.00
7.78%3.99%Depreciation & Amortization
$373.00
438.00
518.00
606.00
649.00
706.00
747.00
705.00
721.00
744.00
717.00
703.00
516.00
589.00
5.93%14.15%Increase/Decrease in Working Capital
$799.00
42.00
488.00
-256.00
1580.00
1141.00
-1482.00
-562.00
1245.00
-45.00
1660.00
513.00
1217.00
286.00
-3.95%-76.50%Share-based Compensation
$130.00
174.00
177.00
191.00
236.00
215.00
218.00
325.00
429.00
611.00
638.00
755.00
556.00
618.00
17.34%11.15%Adjustments to Reconcile Net Income
$-324.00
542.00
310.00
1407.00
-664.00
-600.00
3022.00
1874.00
-54.00
930.00
-858.00
771.00
-451.00
610.00
235.25%Net Cash (Operating)
$1899.00
3027.00
3003.00
4680.00
3096.00
3640.00
4955.00
5903.00
2485.00
6657.00
5188.00
5841.00
3588.00
4810.00
10.75%34.06%Capital Expenditure
$595.00
-164.00
877.00
960.00
1133.00
1092.00
1025.00
1114.00
1086.00
695.00
758.00
969.00
700.00
599.00
4.53%-14.43%Net Cash (Investing)
$514.00
-1067.00
-1207.00
-175.00
-1034.00
-1008.00
276.00
-264.00
-1028.00
-3800.00
-1524.00
564.00
137.00
1184.00
0.85%764.23%Increase/Decrease in Debt
$-268.00
952.00
-2.00
-89.00
801.00
1748.00
-16.00
-358.00
6183.00
-249.00
15.00
-504.00
4.00
Increase/Decrease in Equity
$-1346.00
-1361.00
-2245.00
-2020.00
-2731.00
-2734.00
-3521.00
-3586.00
-2182.00
564.00
-2863.00
-4829.00
-3688.00
-2737.00
25.79%Interest Expenses
$29.00
20.00
53.00
53.00
70.00
98.00
125.00
153.00
140.00
293.00
290.00
347.00
25.31%Dividends Paid
$619.00
703.00
799.00
899.00
1022.00
1133.00
1243.00
1332.00
1452.00
1638.00
1837.00
2012.00
1488.00
1609.00
11.31%8.13%Net Cash (Financing)
$-2118.00
-1040.00
-2914.00
-2790.00
-2671.00
-1942.00
-4835.00
-5293.00
2491.00
-1459.00
-4836.00
-7447.00
-5266.00
-4468.00
15.15%Cash Taxes Paid
$638.00
702.00
856.00
1262.00
748.00
703.00
529.00
757.00
1028.00
1177.00
1231.00
1517.00
8.19%Effect of Exchange Rate
$67.00
100.00
1.00
-83.00
-105.00
-20.00
45.00
-129.00
-66.00
143.00
-143.00
-91.00
-78.00
-7.00
91.03%Increase/Decrease in Cash
$362.00
1020.00
-1117.00
1632.00
-714.00
670.00
441.00
217.00
3882.00
1541.00
-1315.00
-1133.00
-1619.00
1519.00
193.82%Cash (Beginning)
$1955.00
2317.00
3337.00
2220.00
3852.00
3138.00
3808.00
4249.00
4466.00
8348.00
9889.00
8574.00
8574.00
7441.00
14.38%-13.21%Cash (Ending)
$2317.00
3337.00
2220.00
3852.00
3138.00
3808.00
4249.00
4466.00
8348.00
9889.00
8574.00
7441.00
6955.00
8960.00
11.19%28.83%NOPAT
$2389.81
2555.86
2791.15
2922.00
3773.58
4065.71
3901.32
4019.57
2005.81
5711.23
5439.56
4467.97
3826.25
4023.52
5.85%5.16%Gross Margin %
43.40%
43.59%
44.77%
45.97%
46.24%
44.58%
43.84%
44.67%
43.42%
44.82%
45.98%
43.52%
43.49%
44.52%
Operating Margin %
12.60%
12.86%
13.24%
13.64%
13.91%
13.83%
12.21%
12.20%
8.33%
15.58%
14.29%
11.55%
12.23%
12.29%
NOPAT Margin %
9.90%
10.10%
10.04%
9.55%
11.66%
11.84%
10.72%
10.28%
5.36%
12.82%
11.65%
8.72%
9.97%
10.38%
Net Margin %
9.21%
9.82%
9.69%
10.70%
11.61%
12.34%
5.31%
10.30%
6.79%
12.86%
12.94%
9.90%
10.52%
10.84%
Tax Rate %
21.39%
21.45%
24.15%
30.01%
16.18%
14.39%
12.23%
15.77%
35.61%
17.67%
18.51%
24.46%
18.49%
15.56%
ROA
15.45%
14.54%
15.01%
13.53%
17.64%
17.48%
17.31%
16.95%
6.40%
15.13%
13.49%
11.90%
9.99%
10.77%
ROE
23.02%
22.91%
25.79%
23.00%
30.78%
32.77%
39.76%
44.46%
12.45%
44.73%
35.60%
31.90%
26.33%
28.28%
ROIC
41.39%
45.03%
57.36%
51.66%
58.17%
53.99%
52.28%
53.73%
22.25%
60.09%
57.50%
41.69%
39.52%
40.31%
Asset Turnover
1.56
1.44
1.50
1.42
1.51
1.48
1.62
1.65
1.19
1.18
1.16
1.36
1.00
1.04
Equity Multiplier
1.49
1.58
1.72
1.70
1.75
1.87
2.30
2.62
1.95
2.96
2.64
2.68
2.64
2.63
Current Ratio
2.98
3.47
2.72
2.52
2.80
2.93
2.51
2.10
2.48
2.72
2.63
2.72
2.73
2.74
Quick Ratio
1.82
2.31
1.71
1.47
1.62
1.80
1.45
1.14
1.39
1.85
1.65
1.60
1.60
1.67
Debt/Equity Ratio
0.04
0.12
0.13
0.10
0.17
0.31
0.39
0.38
0.81
0.74
0.62
0.64
0.65
0.63
Interest Coverage Ratio
104.83
162.70
69.43
78.77
64.31
48.46
35.56
31.19
22.25
23.68
23.02
17.05
Working Capital/Sales
0.11
0.11
0.06
0.07
0.08
0.09
0.07
0.06
0.01
0.02
0.03
0.04
0.04
0.04
Dividend Payout Ratio %
25.90%
27.51%
28.63%
30.77%
27.08%
27.87%
31.86%
33.14%
72.39%
28.68%
33.77%
45.03%
38.89%
39.99%
Total Payout
$2262.00
1132.00
3099.00
3061.00
3022.00
2217.00
4905.00
5429.00
-2409.00
1616.00
4975.00
7692.00
5172.00
4346.00
11.77%-15.97%Payout Ratio %
94.65%
44.29%
111.03%
104.76%
80.08%
54.53%
125.73%
135.06%
-120.10%
28.30%
91.46%
172.16%
135.17%
108.01%