Nike Inc (NKE) — Cash Flow Quality Index
Latest as of February 2026:
0.83x
Nike Inc (NKE) has a Cash Flow Quality Index of 0.83x as of February 2026. Operating cash flow of $430.00 Million is below net income of $520.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Nike Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.83x
Operating CF / Net Income
Operating Cash Flow
$430.00 Million
USD
Net Income
$520.00 Million
USD
Data as of
Feb 2026
Most recent filing
Nike Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Nike Inc across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Nike Inc (NKE) cash flow conversion.
Annual Cash Flow Quality Index for Nike Inc (1989–2025)
Year-by-year earnings quality comparison for Nike Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.15x | $3.70 Billion | $3.22 Billion | ▼ -11.9% |
| 2024 | 1.30x | $7.43 Billion | $5.70 Billion | ▲ +13.1% |
| 2023 | 1.15x | $5.84 Billion | $5.07 Billion | ▲ +34.3% |
| 2022 | 0.86x | $5.19 Billion | $6.05 Billion | ▼ -26.2% |
| 2021 | 1.16x | $6.66 Billion | $5.73 Billion | ▲ +18.8% |
| 2020 | 0.98x | $2.48 Billion | $2.54 Billion | ▼ -33.2% |
| 2019 | 1.47x | $5.90 Billion | $4.03 Billion | ▼ -42.8% |
| 2018 | 2.56x | $4.96 Billion | $1.93 Billion | ▲ +198.6% |
| 2017 | 0.86x | $3.64 Billion | $4.24 Billion | ▲ +4.3% |
| 2016 | 0.82x | $3.10 Billion | $3.76 Billion | ▼ -42.4% |
| 2015 | 1.43x | $4.68 Billion | $3.27 Billion | ▲ +28.2% |
| 2014 | 1.12x | $3.00 Billion | $2.69 Billion | ▼ -8.5% |
| 2013 | 1.22x | $3.03 Billion | $2.48 Billion | ▲ +42.6% |
| 2012 | 0.85x | $1.90 Billion | $2.22 Billion | ▲ +0.6% |
| 2011 | 0.85x | $1.81 Billion | $2.13 Billion | ▼ -48.8% |
| 2010 | 1.66x | $3.16 Billion | $1.91 Billion | ▲ +42.1% |
| 2009 | 1.17x | $1.74 Billion | $1.49 Billion | ▲ +13.6% |
| 2008 | 1.03x | $1.94 Billion | $1.88 Billion | ▼ -18.4% |
| 2007 | 1.26x | $1.88 Billion | $1.49 Billion | ▲ +5.1% |
| 2006 | 1.20x | $1.67 Billion | $1.39 Billion | ▼ -7.6% |
| 2005 | 1.30x | $1.57 Billion | $1.21 Billion | ▼ -19.1% |
| 2004 | 1.60x | $1.51 Billion | $945.60 Million | ▼ -17.3% |
| 2003 | 1.94x | $917.40 Million | $474.00 Million | ▲ +18.7% |
| 2002 | 1.63x | $1.08 Billion | $663.30 Million | ▲ +46.5% |
| 2001 | 1.11x | $656.50 Million | $589.70 Million | ▼ -15.2% |
| 2000 | 1.31x | $759.90 Million | $579.10 Million | ▼ -38.4% |
| 1999 | 2.13x | $961.00 Million | $451.40 Million | ▲ +64.4% |
| 1998 | 1.30x | $517.50 Million | $399.60 Million | ▲ +219.0% |
| 1997 | 0.41x | $323.10 Million | $795.80 Million | ▼ -31.9% |
| 1996 | 0.60x | $330.00 Million | $553.20 Million | ▼ -6.5% |
| 1995 | 0.64x | $254.90 Million | $399.70 Million | ▼ -66.9% |
| 1994 | 1.93x | $576.50 Million | $298.80 Million | ▲ +165.4% |
| 1993 | 0.73x | $265.30 Million | $365.00 Million | ▼ -45.2% |
| 1992 | 1.33x | $436.60 Million | $329.20 Million | ▲ +2580.5% |
| 1991 | 0.05x | $14.20 Million | $287.00 Million | ▼ -90.5% |
| 1990 | 0.52x | $127.10 Million | $243.00 Million | ▼ -48.4% |
| 1989 | 1.01x | $169.40 Million | $167.00 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.