Nike Inc (NKE) — Cash Flow Reinvestment Rate

Latest as of February 2026: 0.43x

Nike Inc (NKE) has a Cash Flow Reinvestment Rate of 0.43x as of February 2026, reinvesting $184.00 Million (capex $146.00 Million plus investments $38.00 Million) from operating cash flow of $430.00 Million. See Nike Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.43x
(Capex + Investments) / Operating CF

Total Reinvested

$184.00 Million
Capex + Investments

Operating Cash Flow

$430.00 Million
USD

Capital Expenditures

$146.00 Million
USD

Nike Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Nike Inc across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Nike Inc generate cash.

Annual Cash Flow Reinvestment Rate for Nike Inc (1989–2025)

Year-by-year capital reinvestment analysis for Nike Inc. See Nike Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.19x $705.00 Million $3.70 Billion $430.00 Million ▼ -17.0%
2024 0.23x $1.71 Billion $7.43 Billion $812.00 Million ▼ -45.3%
2023 0.42x $2.45 Billion $5.84 Billion $969.00 Million ▲ +44.6%
2022 0.29x $1.50 Billion $5.19 Billion $758.00 Million ▼ -51.4%
2021 0.60x $3.97 Billion $6.66 Billion $695.00 Million ▲ +33.2%
2020 0.45x $1.11 Billion $2.48 Billion $1.09 Billion ▲ +34.3%
2019 0.33x $1.97 Billion $5.90 Billion $1.12 Billion ▼ -29.8%
2018 0.48x $2.35 Billion $4.96 Billion $1.03 Billion ▲ +41.4%
2017 0.34x $1.22 Billion $3.64 Billion $1.10 Billion ▼ -13.3%
2016 0.39x $1.20 Billion $3.10 Billion $1.14 Billion ▼ -4.4%
2015 0.41x $1.90 Billion $4.68 Billion $963.00 Million ▲ +0.8%
2014 0.40x $1.21 Billion $3.00 Billion $880.00 Million ▼ -33.8%
2013 0.61x $1.84 Billion $3.03 Billion $636.00 Million ▼ -33.8%
2012 0.92x $1.74 Billion $1.90 Billion $597.00 Million ▲ +71.6%
2011 0.53x $969.00 Million $1.81 Billion $432.00 Million ▼ -58.3%
2010 1.28x $4.06 Billion $3.16 Billion $335.10 Million ▲ +388.8%
2009 0.26x $455.70 Million $1.74 Billion $455.70 Million ▲ +13.1%
2008 0.23x $449.20 Million $1.94 Billion $449.20 Million ▲ +39.0%
2007 0.17x $313.50 Million $1.88 Billion $313.50 Million ▼ -16.6%
2006 0.20x $333.70 Million $1.67 Billion $333.70 Million ▲ +22.2%
2005 0.16x $257.10 Million $1.57 Billion $257.10 Million ▲ +15.9%
2004 0.14x $213.90 Million $1.51 Billion $213.90 Million ▼ -30.3%
2003 0.20x $185.90 Million $917.40 Million $185.90 Million ▼ -22.5%
2002 0.26x $282.80 Million $1.08 Billion $282.80 Million ▼ -45.9%
2001 0.48x $317.60 Million $656.50 Million $317.60 Million ▼ -12.4%
2000 0.55x $419.90 Million $759.90 Million $419.90 Million ▲ +38.3%
1999 0.40x $384.10 Million $961.00 Million $384.10 Million ▼ -59.1%
1998 0.98x $505.90 Million $517.50 Million $505.90 Million ▼ -32.2%
1997 1.44x $465.90 Million $323.10 Million $465.90 Million ▲ +119.9%
1996 0.66x $216.40 Million $330.00 Million $216.40 Million ▲ +8.5%
1995 0.60x $154.10 Million $254.90 Million $154.10 Million ▲ +265.7%
1994 0.17x $95.30 Million $576.50 Million $95.30 Million ▼ -54.8%
1993 0.37x $97.00 Million $265.30 Million $97.00 Million ▲ +49.9%
1992 0.24x $106.50 Million $436.60 Million $106.50 Million ▼ -97.9%
1991 11.61x $164.80 Million $14.20 Million $164.80 Million ▲ +1591.6%
1990 0.69x $87.20 Million $127.10 Million $87.20 Million ▲ +176.7%
1989 0.25x $42.00 Million $169.40 Million $42.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow