$43.81
+0.18%NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
NKE โข NYSE
| NIKE, Inc. Cash Flow Statement | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | May 2009 | May 2008 | May 2007 | May 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
3.2B | 5.7B | 5.1B | 6B | 5.7B | 2.5B | 4B | 1.9B | 4.2B | 3.8B | 3.3B | 2.7B | 2.5B | 2.2B | 2.1B | 1.9B | 1.5B | 1.9B | 1.5B | 1.4B | |
808M | 844M | 859M | 840M | 797M | 1.1B | 720M | 774M | 716M | 662M | 649M | 632M | 513M | 405M | 358M | 395.5M | 383.3M | 321.5M | 270.2M | 290.9M | |
-288M | -497M | -117M | -650M | -385M | -380M | 34M | 647M | -273M | -80M | -113M | -11M | 21M | -60M | -76M | 8.3M | -294.1M | -300.6M | 34.1M | -26M | |
709M | 804M | 755M | 638M | 611M | 429M | 325M | 218M | 215M | 236M | 191M | 177M | 174M | 130M | 105M | 159M | 170.6M | 141M | 0.0 | 0.0 | |
37M | -138M | -213M | -26M | -138M | 23M | 233M | -99M | -117M | 98M | 424M | 46M | -124M | 0.0 | 0.0 | 0.0 | 401.3M | -60.6M | 147.7M | 54.2M | |
(1.2B) | (1.3B) | (1.5B) | (1.2B) | (1.2B) | (1B) | (757M) | (529M) | (703M) | (748M) | -1.3B | -856M | -702M | (638M) | -736M | (537M) | (765.2M) | (717.5M) | (0.0) | (0.0) | |
-787M | 716M | -513M | -1.7B | 45M | -1.2B | 562M | 1.5B | -1.1B | -1.6B | 256M | -488M | -42M | -799M | -708M | 694.7M | -411.7M | -48.4M | -64.8M | -43.2M | |
3.7B | 7.4B | 5.8B | 5.2B | 6.7B | 2.5B | 5.9B | 5B | 3.6B | 3.1B | 4.7B | 3B | 3B | 1.9B | 1.8B | 3.2B | 1.7B | 1.9B | 1.9B | 1.7B | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-430M | -812M | -969M | -758M | -695M | -1.1B | -1.1B | -1B | -1.1B | -1.1B | -963M | -880M | -636M | -597M | -432M | -335.1M | -455.7M | -449.2M | -313.5M | -333.7M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (5M) | (3M) | (13M) | (10M) | (0.0) | (3M) | (786M) | (2M) | (1M) | (10.1M) | (32M) | -325.1M | (28.3M) | (1.6M) | |
-3.2B | -4.8B | -6.1B | -12.9B | -10B | -2.4B | -2.9B | -4.8B | -5.9B | -5.2B | -5.1B | -5.4B | -3.7B | -2.7B | -7.6B | -3.7B | -2.9B | -1.9B | -2.1B | -2.6B | |
3.4B | 6.5B | 7.5B | 12.2B | 6.7B | 2.5B | 3.8B | 6.1B | 6B | 5.3B | 5.9B | 5.1B | 2.5B | 3.9B | 7.1B | 2.8B | 2.6B | 2.2B | 2.5B | 1.7B | |
8M | -15M | 52M | -19M | 171M | 31M | 0.0 | -25M | -34M | 6M | 3M | -2M | -14M | -37M | -30M | -11.2M | -47M | -19.9M | -4.3M | -34.6M | |
-275M | (894M) | (564M) | -1.5B | -3.8B | -1B | -264M | (276M) | -1B | -1B | -175M | -1.2B | -1.1B | (514M) | -1B | -1.3B | -798.1M | -413.8M | (92.9M) | -1.3B | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-3B | -4.3B | -5.5B | -4B | -608M | -3.1B | -4.3B | -4.3B | -3.2B | -3.2B | -2.5B | -2.6B | -1.7B | -1.8B | -1.9B | -741M | -649.2M | -1.2B | -662.3M | -535.8M | |
-1B | 0.0 | -504M | 15M | -249M | 6.2B | -331M | 13M | 1.7B | 801M | -89M | -2M | 947M | -268M | 33M | -237.6M | 170.3M | 28.5M | -161.3M | -24.2M | |
-2.3B | -2.2B | -2B | -1.8B | -1.6B | -1.5B | -1.3B | -1.2B | -1.1B | -1B | -899M | -799M | -703M | -619M | -555M | -505.4M | -466.7M | -412.9M | -343.7M | -290.9M | |
-3B | -4.3B | -5.5B | -4B | -608M | -3.1B | -4.3B | -4.3B | -3.2B | -3.2B | -2.5B | -2.6B | -1.7B | -1.8B | -1.9B | -741.2M | -649.2M | -1.2B | -985.2M | -761.1M | |
466M | 531M | -102M | 1B | 1B | 833M | -44M | 649M | 460M | 788M | 732M | 515M | 385M | 583M | 409M | 58.5M | 211.7M | 406.3M | 55.8M | 0.0 | |
-5.8B | -5.9B | -7.4B | -4.8B | -1.5B | 2.5B | -5.3B | -4.8B | -1.9B | -2.7B | -2.8B | -2.9B | -1B | -2.1B | -2B | -1.1B | -733.9M | -1.2B | -1.1B | -850.9M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
1M | -16M | -91M | -143M | 143M | -66M | -129M | 45M | -20M | -105M | -83M | 1M | 100M | 67M | 57M | -47.5M | -46.9M | -19.2M | 42.4M | 25.7M | |
-2.4B | 2.4B | -1.1B | -1.3B | 1.5B | 3.9B | 217M | 441M | 670M | -714M | 1.6B | -1.1B | 1B | 362M | -1.1B | 788M | 157.2M | 277.2M | 902.5M | -433.9M | |
9.9B | 7.4B | 8.6B | 9.9B | 8.3B | 4.5B | 4.2B | 3.8B | 3.1B | 3.9B | 2.2B | 3.3B | 2.3B | 2B | 3.1B | 2.3B | 2.1B | 1.9B | 954.2M | 1.4B | |
7.5B | 9.9B | 7.4B | 8.6B | 9.9B | 8.3B | 4.5B | 4.2B | 3.8B | 3.1B | 3.9B | 2.2B | 3.3B | 2.3B | 2B | 3.1B | 2.3B | 2.1B | 1.9B | 954.2M | |
3.3B | 6.6B | 4.9B | 4.4B | 6B | 1.4B | 4.8B | 3.9B | 2.5B | 2B | 3.7B | 2.1B | 2.4B | 1.3B | 1.4B | 2.8B | 1.3B | 1.5B | 1.6B | 1.3B |
NKE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 01, 2026 | February 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 05, 2026 | February 27, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | December 30, 2025 | November 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 18, 2025 | December 18, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 02, 2025 | December 01, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 01, 2025 | August 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 30, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 11, 2025 | September 09, 2025 | 2025 |
Continue your NKE research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.