Nike Inc (NKE) — Capital Reinvestment Ratio
Latest as of February 2026:
0.34x
Nike Inc (NKE) has a Capital Reinvestment Ratio of 0.34x as of February 2026, meaning it reinvests 0% of its operating cash flow ($430.00 Million) in capital expenditures ($146.00 Million). Check Nike Inc (NKE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.34x
Capex / Operating Cash Flow
Operating Cash Flow
$430.00 Million
USD
Capital Expenditures
$146.00 Million
USD
Data as of
Feb 2026
Most recent filing
Nike Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Nike Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see NKE cash flow metrics.
Annual Capital Reinvestment Ratio for Nike Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Nike Inc from 1989 to 2025. See cash generation quality of Nike Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $3.70 Billion | $430.00 Million | ▲ +6.4% |
| 2024 | 0.11x | $7.43 Billion | $812.00 Million | ▼ -34.1% |
| 2023 | 0.17x | $5.84 Billion | $969.00 Million | ▲ +13.5% |
| 2022 | 0.15x | $5.19 Billion | $758.00 Million | ▲ +39.9% |
| 2021 | 0.10x | $6.66 Billion | $695.00 Million | ▼ -76.1% |
| 2020 | 0.44x | $2.48 Billion | $1.09 Billion | ▲ +130.5% |
| 2019 | 0.19x | $5.90 Billion | $1.12 Billion | ▼ -8.6% |
| 2018 | 0.21x | $4.96 Billion | $1.03 Billion | ▼ -31.7% |
| 2017 | 0.30x | $3.64 Billion | $1.10 Billion | ▼ -17.8% |
| 2016 | 0.37x | $3.10 Billion | $1.14 Billion | ▲ +79.4% |
| 2015 | 0.21x | $4.68 Billion | $963.00 Million | ▼ -29.8% |
| 2014 | 0.29x | $3.00 Billion | $880.00 Million | ▲ +39.5% |
| 2013 | 0.21x | $3.03 Billion | $636.00 Million | ▼ -33.2% |
| 2012 | 0.31x | $1.90 Billion | $597.00 Million | ▲ +31.9% |
| 2011 | 0.24x | $1.81 Billion | $432.00 Million | ▲ +125.1% |
| 2010 | 0.11x | $3.16 Billion | $335.10 Million | ▼ -59.7% |
| 2009 | 0.26x | $1.74 Billion | $455.70 Million | ▲ +13.1% |
| 2008 | 0.23x | $1.94 Billion | $449.20 Million | ▲ +39.0% |
| 2007 | 0.17x | $1.88 Billion | $313.50 Million | ▼ -16.6% |
| 2006 | 0.20x | $1.67 Billion | $333.70 Million | ▲ +22.2% |
| 2005 | 0.16x | $1.57 Billion | $257.10 Million | ▲ +15.9% |
| 2004 | 0.14x | $1.51 Billion | $213.90 Million | ▼ -30.3% |
| 2003 | 0.20x | $917.40 Million | $185.90 Million | ▼ -22.5% |
| 2002 | 0.26x | $1.08 Billion | $282.80 Million | ▼ -45.9% |
| 2001 | 0.48x | $656.50 Million | $317.60 Million | ▼ -12.4% |
| 2000 | 0.55x | $759.90 Million | $419.90 Million | ▲ +38.3% |
| 1999 | 0.40x | $961.00 Million | $384.10 Million | ▼ -59.1% |
| 1998 | 0.98x | $517.50 Million | $505.90 Million | ▼ -32.2% |
| 1997 | 1.44x | $323.10 Million | $465.90 Million | ▲ +119.9% |
| 1996 | 0.66x | $330.00 Million | $216.40 Million | ▲ +8.5% |
| 1995 | 0.60x | $254.90 Million | $154.10 Million | ▲ +265.7% |
| 1994 | 0.17x | $576.50 Million | $95.30 Million | ▼ -54.8% |
| 1993 | 0.37x | $265.30 Million | $97.00 Million | ▲ +49.9% |
| 1992 | 0.24x | $436.60 Million | $106.50 Million | ▼ -97.9% |
| 1991 | 11.61x | $14.20 Million | $164.80 Million | ▲ +1591.6% |
| 1990 | 0.69x | $127.10 Million | $87.20 Million | ▲ +176.7% |
| 1989 | 0.25x | $169.40 Million | $42.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow