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NKE · NYSE · United States · Rubber & Plastics Footwear
In shortNIKE, Inc. is profitable, generates cash and carries moderate debt, with revenue stable (+0.2% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 6.7% | 47/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 22.1% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.96× | 97/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.53× | 81/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.7% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.70× | 50/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 7.2% | 84/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | -3.2% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -13.4% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 46,710 | 51,217 | 51,362 | 46,309 | 46,398 |
| Cost of revenue | 25,231 | 28,925 | 28,475 | 26,519 | 26,487 |
| Gross profit | 21,479 | 22,292 | 22,887 | 19,790 | 19,911 |
| Selling, general & admin | 14,804 | 16,377 | 16,576 | 16,088 | 16,114 |
| Pre-tax income | 6,651 | 6,201 | 6,700 | 3,885 | 3,900 |
| Income tax | 605 | 1,131 | 1,000 | 666 | 792 |
| Net income | 6,046 | 5,070 | 5,700 | 3,219 | 3,108 |
| Diluted EPS | $3.75 | $3.23 | $3.73 | $2.16 | $2.10 |
| Diluted shares (millions) | 1,611 | 1,570 | 1,530 | 1,488 | 1,481 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of NIKE, Inc. are included in the Investor plan. Try free for 7 days →
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 31, 2026 · Data updated Oct 2, 2026