NKE - NIKE Inc Stock Price, Fair Value and News

95.28USD-0.46 (-0.48%)Delayed as of 19 Apr 2024, 01:49 pm ET

Market Summary

USD95.28-0.46

Delayedas of 19 Apr 2024, 01:49 pm

-0.48%

NKE Stock Price

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NKE RSI Chart

NKE Valuation

Market Cap

145.6B

Price/Earnings (Trailing)

27.84

Price/Sales (Trailing)

2.82

EV/EBITDA

20.81

Price/Free Cashflow

23.51

NKE Price/Sales (Trailing)

NKE Profitability

Operating Margin

77.99%

EBT Margin

12.06%

Return on Equity

36.77%

Return on Assets

14%

Free Cashflow Yield

4.25%

NKE Fundamentals

NKE Revenue

Revenue (TTM)

51.6B

Rev. Growth (Yr)

0.31%

Rev. Growth (Qtr)

-7.25%

NKE Earnings

Earnings (TTM)

5.2B

Earnings Growth (Yr)

-5.48%

Earnings Growth (Qtr)

-25.73%

Breaking Down NKE Revenue

52 Week Range

90.55128.68

(Low)(High)

Last 7 days

4.1%

Last 30 days

-4.2%

Last 90 days

-5.9%

Trailing 12 Months

-23.8%

How does NKE drawdown profile look like?

NKE Financial Health

Current Ratio

2.74

Debt/Equity

0.63

Debt/Cashflow

0.79

NKE Investor Care

Dividend Yield

1.48%

Dividend/Share (TTM)

1.42

Buy Backs (1Y)

2.45%

Diluted EPS (TTM)

3.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	51.6B	0	0	0
2023	50.6B	51.2B	51.5B	51.6B
2022	46.8B	46.7B	47.1B	49.1B
2021	38.5B	44.5B	46.2B	46.3B
2020	41.3B	37.4B	37.3B	38.3B
2019	38.7B	39.1B	39.8B	40.8B
2018	35.3B	36.4B	37.3B	38.1B
2017	33.9B	34.4B	34.4B	34.7B
2016	31.9B	32.4B	33.0B	33.5B
2015	30.2B	30.6B	31.0B	31.3B
2014	27.1B	27.8B	28.8B	29.8B
2013	24.8B	25.3B	25.8B	26.3B
2012	22.3B	23.4B	23.8B	24.2B
2011	20.2B	20.1B	21.0B	21.7B
2010	18.6B	19.0B	19.4B	19.8B
2009	19.0B	19.2B	18.5B	18.4B
2008	0	18.6B	18.8B	18.9B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of NIKE Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 14, 2024	parker mark g	sold	-17,679,700	105	-168,378	executive chairman
Feb 14, 2024	parker mark g	acquired	4,263,600	38.76	110,000	executive chairman
Feb 14, 2024	parker mark g	gifted	-	-	-18,377	executive chairman
Feb 12, 2024	nielsen johanna	sold (taxes)	-19,935	107	-186	vp: corp controller
Feb 12, 2024	miller ann m	sold (taxes)	-35,047	107	-327	evp: chief legal officer
Jan 10, 2024	williams craig a.	sold (taxes)	-554,754	103	-5,346	pres: geographies & mrktplace
Dec 11, 2023	matheson monique s.	acquired	775,400	77.54	10,000	evp: chro
Dec 11, 2023	matheson monique s.	sold	-1,190,000	119	-10,000	evp: chro
Oct 16, 2023	parker mark g	gifted	-	-	-21,090	executive chairman
Oct 16, 2023	parker mark g	sold	-5,785,860	99.6	-58,091	executive chairman

Which funds bought or sold NKE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	SPIRIT OF AMERICA MANAGEMENT CORP/NY	unchanged	-	-10,213	65,786	0.01%
Apr 17, 2024	ATTICUS WEALTH MANAGEMENT, LLC	unchanged	-	-3,808	24,529	0.01%
Apr 17, 2024	BURNS J W & CO INC/NY	reduced	-1.61	-35,052	201,305	0.03%
Apr 17, 2024	Coston, McIsaac & Partners	added	47.64	84,000	382,000	0.12%
Apr 17, 2024	Private Ocean, LLC	reduced	-0.15	-58,895	375,168	0.04%
Apr 17, 2024	Cornerstone Wealth Group, LLC	new	-	240,739	240,739	0.02%
Apr 17, 2024	Brown Miller Wealth Management, LLC	added	0.62	-32,000	212,000	0.09%
Apr 17, 2024	Annapolis Financial Services, LLC	added	440	19,946	25,375	0.01%
Apr 17, 2024	Acropolis Investment Management, LLC	reduced	-8.7	-77,781	293,030	0.02%
Apr 17, 2024	Clarius Group, LLC	reduced	-13.37	-278,099	833,949	0.06%

Are Funds Buying or Selling NKE?

Are funds buying NKE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NKE

No. of Funds

Unveiling NIKE Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.95%	109,539,710	SC 13G/A
Jan 26, 2024	blackrock inc.	7.3%	89,773,424	SC 13G/A
Feb 09, 2023	vanguard group inc	8.71%	109,698,806	SC 13G/A
Feb 01, 2023	blackrock inc.	6.8%	85,497,266	SC 13G/A
Feb 10, 2022	vanguard group inc	8.32%	106,359,777	SC 13G/A
Feb 01, 2022	blackrock inc.	7.0%	89,983,773	SC 13G/A
Feb 10, 2021	vanguard group inc	8.28%	103,945,154	SC 13G/A
Jan 29, 2021	blackrock inc.	7.3%	93,108,691	SC 13G/A
Feb 14, 2020	capital world investors	1.6%	20,291,728	SC 13G/A
Feb 12, 2020	vanguard group inc	8.55%	106,539,047	SC 13G/A

Recent SEC filings of NIKE Inc

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	10-Q	Quarterly Report
Mar 21, 2024	8-K	Current Report
Mar 11, 2024	8-K	Current Report
Feb 16, 2024	4	Insider Trading
Feb 14, 2024	144	Notice of Insider Sale Intent
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	4	Insider Trading
Feb 13, 2024	4	Insider Trading
Jan 26, 2024	SC 13G/A	Major Ownership Report
Jan 12, 2024	4	Insider Trading

Peers (Alternatives to NIKE Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NKE	145.6B	51.6B	-4.19%	-23.79%	27.84	2.82	1.91%	-4.51%
DECK	20.9B	4.1B	-10.57%	69.09%	28.82	5.06	15.34%	46.56%
MID-CAP
SKX	8.8B	8.0B	-6.10%	14.16%	16.1	1.1	7.47%	46.32%
CROX	7.3B	4.0B	-8.03%	-16.10%	9.24	1.85	11.46%	46.73%
SHOO	2.9B	2.0B	-6.13%	9.70%	16.4	1.44	-6.62%	-19.91%
SMALL-CAP
DBI	521.6M	3.1B	-23.61%	-6.28%	17.95	0.17	-7.25%	-82.14%
WEYS	269.9M	318.0M	-1.86%	6.42%	9.72	0.85	-9.58%	0.88%
VRA	199.2M	470.8M	3.85%	8.36%	25.42	0.42	-5.84%	113.12%
RCKY	192.0M	461.8M	1.76%	2.47%	18.42	0.42	-24.96%	-49.05%
FORD	5.4M	33.6M	-6.90%	-48.57%	-1.48	0.16	-7.67%	-84.08%

NIKE Inc News

Latest updates

NIKE Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.2%	12,429	13,400	12,939	12,825	12,390	13,315	12,687	12,234	10,871	11,357	12,248	12,344	10,357	11,243	10,594	6,313	10,104	10,326	10,660	10,184	9,611
Gross Profit	-6.8%	5,562	5,971	5,720	5,595	5,371	5,711	5,615	5,503	5,067	5,213	5,696	5,655	4,719	4,847	4,741	2,353	4,473	4,544	4,871	4,633	4,339
S&GA Expenses	1.9%	4,226	4,146	4,116	4,374	3,959	4,124	3,920	4,035	3,438	3,759	3,572	3,742	3,041	3,267	2,975	3,191	3,283	3,324	3,328	3,406	3,091
EBITDA Margin	-0.6%	0.14*	0.14*	0.14*	0.14*	0.14*	0.15*	0.16*	0.16*	0.17*	0.18*	0.18*	0.17*	0.13*	0.11*	0.10*	0.10*	0.14*	0.15*	0.15*	0.14*	0.15*
Income Taxes	-32.6%	232	344	198	215	237	319	360	-65.00	274	164	232	345	187	205	197	-14.00	34.00	134	194	254	190
Earnings Before Taxes	-27.0%	1,404	1,922	1,648	1,246	1,477	1,650	1,828	1,374	1,670	1,501	2,106	1,854	1,636	1,456	1,715	-804	881	1,249	1,561	1,243	1,291
EBT Margin	-1.2%	0.12*	0.12*	0.12*	0.12*	0.13*	0.13*	0.14*	0.14*	0.15*	0.15*	0.15*	0.15*	0.10*	0.08*	0.08*	0.08*	0.12*	0.13*	0.13*	0.12*	0.12*
Net Income	-25.7%	1,172	1,578	1,450	1,031	1,240	1,331	1,468	1,439	1,396	1,337	1,874	1,509	1,449	1,251	1,518	-790	847	1,115	1,367	989	1,101
Net Income Margin	-1.4%	0.10*	0.10*	0.10*	0.10*	0.11*	0.11*	0.12*	0.13*	0.13*	0.13*	0.13*	0.13*	0.09*	0.07*	0.07*	0.07*	0.10*	0.11*	0.11*	0.10*	0.11*
Free Cashflow	-26.6%	1,918	2,612	-319	1,984	2,030	765	93.00	909	15.00	2,579	927	1,838	1,113	2,305	706	-290	905	674	110	1,737	852

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.4%	37,356	37,203	36,786	37,531	38,294	39,647	41,088	40,321	38,577	38,917	37,917	37,740	36,185	34,836	33,258	31,342	26,220	26,602	26,249	23,717	22,921
Current Assets	0.5%	24,753	24,631	24,250	25,202	26,035	27,447	28,877	28,213	26,962	27,177	26,390	26,291	24,700	23,607	21,937	20,556	15,744	16,369	16,228	16,525	15,796
Cash Equivalents	13.1%	8,960	7,919	6,178	7,441	6,955	6,490	7,226	8,574	8,704	10,751	10,720	9,889	8,516	8,635	8,148	8,348	2,863	3,070	3,446	4,466	3,695
Net PPE	-1.4%	5,082	5,153	5,109	5,081	4,939	4,854	4,778	4,791	4,806	4,812	4,869	4,904	4,958	4,959	4,969	4,866	4,783	4,668	4,615	4,744	4,688
Goodwill	-14.6%	240	281	281	281	281	281	282	284	284	242	242	242	242	223	223	223	223	224	224	154	154
Current Liabilities	0.3%	9,029	8,999	8,461	9,256	9,548	10,199	10,919	10,730	8,818	8,857	8,269	9,674	8,894	8,871	8,619	8,284	8,280	8,264	8,070	7,866	7,281
Short Term Borrowings	0%	6.00	6.00	6.00	6.00	14.00	7.00	9.00	10.00	-	9.00	15.00	2.00	4.00	41.00	137	248	9.00	300	250	9.00	16.00
Long Term Debt	-100.0%	-	8,930	8,929	8,927	8,925	8,924	8,922	8,920	9,418	9,417	9,415	9,413	9,412	9,410	9,408	9,406	3,463	3,462	3,463	3,464	3,465
LT Debt, Current	-	-	-	-	-	500	500	500	500	-	-	-	-	-	-	1.00	3.00	4.00	6.00	6.00	6.00	6.00
LT Debt, Non Current	0%	8,930	8,930	8,929	8,927	8,925	8,924	8,922	8,920	9,418	9,417	9,415	9,413	9,412	9,410	9,408	9,406	3,463	3,462	3,463	3,464	3,465
Shareholder's Equity	0.6%	14,226	14,146	13,971	14,004	14,531	15,272	15,822	15,281	14,809	14,924	14,343	12,767	11,931	10,640	9,224	8,055	9,045	9,351	9,200	9,040	8,961
Retained Earnings	-15.7%	970	1,151	1,242	1,358	2,152	2,859	3,535	3,476	3,521	3,786	3,886	3,179	2,729	1,730	927	-191	1,128	1,577	1,721	1,643	1,851
Additional Paid-In Capital	2.0%	13,128	12,871	12,590	12,412	12,074	11,851	11,648	11,484	11,186	10,990	10,521	9,965	9,645	9,336	8,695	8,299	7,971	7,719	7,296	7,163	6,910
Shares Outstanding	-100.0%	-	1,521	1,528	1,552	1,544	1,559	1,567	1,579	1,581	1,582	1,582	1,573	1,578	1,573	1,562	1,559	1,556	1,562	1,562	1,580	1,573
Float	-	-	-	-	-	-	144,299	-	-	-	228,000	-	-	-	180,448	-	-	-	123,844	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-26.9%	2,059	2,817	-66.00	2,253	2,230	1,001	357	1,151	169	2,757	1,111	2,012	1,290	2,473	882	-1.00	1,180	912	394	2,010	1,068
Share Based Compensation	4.9%	216	206	196	199	192	194	170	171	161	170	136	144	142	189	136	126	113	110	80.00	99.00	93.00
Cashflow From Investing	-32.4%	309	457	418	427	160	191	-214	187	-606	-1,606	501	187	-1,110	-1,988	-889	-270	30.00	-440	-348	-143	124
Cashflow From Financing	15.1%	-1,317	-1,552	-1,599	-2,181	-1,945	-1,917	-1,404	-1,380	-1,610	-1,103	-743	-847	-320	-44.00	-248	5,801	-1,442	-858	-1,010	-1,026	-977
Dividend Payments	7.5%	562	523	524	524	528	480	480	481	483	438	435	435	434	385	384	381	382	344	345	346	348
Buy Backs	-28.4%	866	1,209	1,133	1,375	1,519	1,607	983	1,082	1,222	968	752	608	-	-	-	196	957	922	999	901	754

NKE Income Statement

2024-02-29

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Income Statement [Abstract]
Revenues	$ 12,429	$ 12,390	$ 38,756	$ 38,392
Cost of sales	6,867	7,019	21,503	21,695
Gross profit	5,562	5,371	17,253	16,697
Demand creation expense	1,011	923	3,194	2,968
Operating overhead expense	3,215	3,036	9,294	9,035
Total selling and administrative expense	4,226	3,959	12,488	12,003
Interest expense (income), net	(52)	(7)	(108)	22
Other (income) expense, net	(16)	(58)	(101)	(283)
Income before income taxes	1,404	1,477	4,974	4,955
Income tax expense	232	237	774	916
NET INCOME	$ 1,172	$ 1,240	$ 4,200	$ 4,039
Earnings per common share:
Basic (in dollars per share)	$ 0.77	$ 0.80	$ 2.76	$ 2.59
Diluted (in dollars per share)	$ 0.77	$ 0.79	$ 2.74	$ 2.57
Weighted average common shares outstanding:
Basic (in shares)	1,513.2	1,543.8	1,520.8	1,556.7
Diluted (in shares)	1,526.5	1,564.8	1,534.0	1,574.4

NKE Balance Sheet

2024-02-29

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 29, 2024	May 31, 2023
Current assets:
Cash and equivalents	$ 8,960	$ 7,441
Short-term investments	1,613	3,234
Accounts receivable, net	4,526	4,131
Inventories	7,726	8,454
Prepaid expenses and other current assets	1,928	1,942
Total current assets	24,753	25,202
Property, plant and equipment, net	5,082	5,081
Operating lease right-of-use assets, net	2,856	2,923
Identifiable intangible assets, net	259	274
Goodwill	240	281
Deferred income taxes and other assets	4,166	3,770
TOTAL ASSETS	37,356	37,531
Current liabilities:
Current portion of long-term debt	0	0
Notes payable	6	6
Accounts payable	2,340	2,862
Current portion of operating lease liabilities	474	425
Accrued liabilities	5,818	5,723
Income taxes payable	391	240
Total current liabilities	9,029	9,256
Long-term debt	8,930	8,927
Operating lease liabilities	2,691	2,786
Deferred income taxes and other liabilities	2,480	2,558
Commitments and contingencies (Note 12)
Redeemable preferred stock	0	0
Shareholders' equity:
Capital in excess of stated value	13,128	12,412
Accumulated other comprehensive income (loss)	125	231
Retained earnings	970	1,358
Total shareholders' equity	14,226	14,004
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	37,356	37,531
Class A Convertible Common Stock
Shareholders' equity:
Common stock at stated value	0	0
Class B Common Stock
Shareholders' equity:
Common stock at stated value	$ 3	$ 3

About NIKE Inc

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services 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. It also sells a line of performance equipment and accessories comprising bags, sport balls, socks, 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. In addition, the company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel; and licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It 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. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

CEO	Mr. John J. Donahoe II
WEBSITE	nike.com
INDUSTRY	Footwear & Accessories
EMPLOYEES	65535

NIKE Inc Frequently Asked Questions

What is the ticker symbol for NIKE Inc? What does NKE stand for in stocks?

NKE is the stock ticker symbol of NIKE Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NIKE Inc (NKE)?

As of Thu Apr 18 2024, market cap of NIKE Inc is 145.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NKE stock?

You can check NKE's fair value in chart for subscribers.

What is the fair value of NKE stock?

You can check NKE's fair value in chart for subscribers. The fair value of NIKE Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NIKE Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NKE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NIKE Inc a good stock to buy?

The fair value guage provides a quick view whether NKE is over valued or under valued. Whether NIKE Inc is cheap or expensive depends on the assumptions which impact NIKE Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NKE.

What is NIKE Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, NKE's PE ratio (Price to Earnings) is 27.84 and Price to Sales (PS) ratio is 2.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NKE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NIKE Inc's stock?

In the past 10 years, NIKE Inc has provided 0.111 (multiply by 100 for percentage) rate of return.