NIKE, Inc.
NKENYSE
$38.02
Last price · USD
- Market cap
- $56.37B
- P/E
- 18.1x
- EV / EBITDA
- 13.2x
- P/S
- 1.2x
- FCF yield
- 3.9%
- Div. yield
- 4.27%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
NIKE, Inc. key metrics & ratios
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 0.2% | -9.8% | 0.3% | 9.6% | — | — | |
| Operating income growth | 2.6% | -41.3% | 6.7% | -11.4% | — | — | |
| Net income growth | -3.4% | -43.5% | 12.4% | -16.1% | — | — | |
| EPS (diluted) growth | -2.8% | -42.1% | 15.5% | -13.9% | — | — | |
| Free cash flow growth | -33.2% | -50.6% | 35.8% | 10.0% | — | — | |
| Margins | |||||||
| Gross margin | 42.9% | 42.7% | 44.6% | 43.5% | 46.0% | — | |
| Operating margin | 8.2% | 8.0% | 12.3% | 11.5% | 14.3% | — | |
| EBITDA margin | 9.8% | 10.8% | 15.2% | 14.3% | 16.7% | — | |
| Net margin | 6.7% | 7.0% | 11.1% | 9.9% | 12.9% | — | |
| FCF margin | 4.7% | 7.1% | 12.9% | 9.5% | 9.5% | — | |
| Returns on capital | |||||||
| Return on equity | 20.9% | 24.4% | 39.5% | 36.2% | 39.6% | — | |
| Return on assets | 8.1% | 8.8% | 15.0% | 13.5% | 15.0% | — | |
| Return on invested capital | 16.5% | 18.3% | 32.5% | 25.9% | 31.4% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 0.74x | 0.83x | 0.83x | 0.87x | 0.83x | — | |
| Net debt / EBITDA | 0.76x | 0.71x | 0.27x | 0.64x | 0.52x | — | |
| Current ratio | 1.96x | 2.21x | 2.40x | 2.72x | 2.63x | — | |
| Interest coverage | 76.00x | 12.81x | 24.18x | 20.90x | 22.86x | — | |
| Profitability & operating | |||||||
| EBIT | 3,797 | 4,174 | 6,961 | 6,484 | 6,943 | -14.0% | |
| EBITDA | 4,544 | 4,982 | 7,805 | 7,343 | 7,783 | -12.6% | |
| Operating income | 3,800 | 3,702 | 6,311 | 5,915 | 6,675 | -13.1% | |
| Income before tax | 3,900 | 3,885 | 6,700 | 6,201 | 6,651 | -12.5% | |
| Net income | 3,108 | 3,219 | 5,700 | 5,070 | 6,046 | -15.3% | |
| Earnings per share | |||||||
| EPS (basic) | $2.10 | $2.17 | $3.76 | $3.27 | $3.83 | -13.9% | |
| EPS (diluted) | $2.10 | $2.16 | $3.73 | $3.23 | $3.75 | -13.5% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 1,483 | 1,485 | 1,518 | 1,552 | 1,579 | -1.6% | |
| Weighted avg shares outstanding (diluted) | 1,483 | 1,488 | 1,530 | 1,570 | 1,611 | -2.0% | |
| Balance sheet highlights | |||||||
| Net debt | 3,470 | 3,554 | 2,092 | 4,703 | 4,053 | -3.8% | |
| Total debt | 11,033 | 11,018 | 11,952 | 12,144 | 12,627 | -3.3% | |
| Total investments | 1,464 | 1,687 | 1,722 | 3,234 | 4,423 | -24.1% | |
| Total stockholders' equity | 14,865 | 13,213 | 14,430 | 14,004 | 15,281 | -0.7% | |
| Total assets | 38,410 | 36,579 | 38,110 | 37,531 | 40,321 | -1.2% | |
| Cash flow highlights | |||||||
| Free cash flow | 2,184 | 3,268 | 6,617 | 4,872 | 4,430 | -16.2% | |
| Operating cash flow | 2,868 | 3,698 | 7,429 | 5,841 | 5,188 | -13.8% | |
| Capital expenditure | (684) | (430) | (812) | (969) | (758) | — | |
| Net cash from operating activities | 2,868 | 3,698 | 7,429 | 5,841 | 5,188 | -13.8% | |
| Additional fields | |||||||
| Accrued Expenses | 6,092 | 1,753 | 2,011 | 1,911 | 2,530 | +24.6% | |