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NYSE · RUBBER & PLASTICS FOOTWEAR · LARGE CAP

Nike, Inc. NKE

19 fiscal years on record · USD · FY2025 reported · SEC filings only
12 YEARS OF DIVIDEND GROWTH
$46.4B
▲ 0.2% YoY
$3.1B
▼ 3.4% YoY
$2.2B
▼ 33.2% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

NIKE designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and services worldwide. It employed approximately 73,000 people worldwide as of May 31, 2026, including retail and part-time employees. Nearly all of its footwear and apparel products are manufactured outside the United States by independent contract manufacturers, many of which operate multiple factories. Products are offered under the NIKE, Jordan and Converse brands. Sales run through NIKE Direct operations, made up of NIKE-owned retail stores and digital platforms, and through wholesale accounts that include independent distributors, licensees and sales representatives in nearly all countries around the world. The reportable operating segments for the NIKE Brand are North America; Europe, Middle East and Africa; Greater China; and Asia Pacific and Latin America, and they include results for the NIKE and Jordan brands. Converse, a wholly-owned subsidiary brand headquartered in Boston, Massachusetts, designs, distributes and licenses casual sneakers, apparel and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks. It was incorporated in 1967 under the laws of the State of Oregon.

Written from the business description in NIKE, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 July 2026. Every sentence was checked against that document before publication.

Growth

USD 46.4B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 46.4 · Net income 3.1
20B40B
2007201020132016201920222025
Compound annual growth
−3.2%
+0.8%
+3.7%
+5.7%
−15.1%
−11.5%
−1.9%
+2.5%
−13.4%
−10.0%
−0.3%
+7.1%
+8.8%
+10.1%
−30.2%
+2.6%
−5.0%
+0.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.8% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.4% · Net 6.7%
5%10%
200720162025
ROE
FY2025 · ROE 22.1%
20%40%
200720162025
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Each USD of equity produced 22 cents of profit this year.

Cash & shareholders

USD 2.6B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.2
2.5B5.0B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 2.4 · Net buybacks 0.1
3B6BDividendsNet buybacks
2007201020132016201920222025
Dividends paidUSD 2.4B
Net buybacksUSD 146.0M
Share of profit82.1%
Consecutive raises12 years (since the 2013 share-count change)

USD 2.4B in dividends and USD 146.0M in buybacks — 82% of the year's profit went back to shareholders.

Total assetsUSD 38.4B
EquityUSD 14.9B
CashUSD 7.6B
Gross debtUSD 7.9B
Net debtUSD 379.0M
Current ratio1.96×

Net debt stands at 3% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
NKE, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B46.446.351.451.246.744.537.439.136.434.432.430.627.825.323.320.119.019.218.6
Operating income $B3.93.96.76.26.76.72.9◌◌◌◌◌◌◌◌◌◌◌◌
EBITDA $B4.64.77.56.97.47.43.6◌◌◌◌◌◌◌◌◌◌◌◌
Income tax $B0.80.71.01.10.60.90.30.82.40.60.90.90.90.80.80.70.60.50.6
Net income $B3.13.25.75.16.05.72.54.01.94.23.83.32.72.52.22.11.91.51.9
Free cash flow $B2.23.36.64.94.46.01.44.83.92.72.33.72.12.41.31.42.81.31.5
EPS, diluted $2.102.163.733.233.753.561.602.491.172.512.161.851.492.702.352.203.863.033.74
Dividend / sh $1.631.571.451.321.191.070.950.860.780.700.620.540.470.810.700.601.060.980.88
Payout %77713840302957336427272730282826263122
ROE %22.123.340.134.643.155.029.742.717.434.430.127.824.623.122.021.820.718.024.1
Shares out B1.191.211.231.271.271.241.251.271.311.331.361.391.430.370.38◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 92 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRubber & Plastics Footwear
Listed onNYSE
Incorporated inOregon
Fiscal year endsMay 31
Data on record since2007

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