Nike Inc (NKE) — Financial Flexibility Index
Nike Inc (NKE) has a Financial Flexibility Index of 0.03x as of February 2026. Free cash flow of $576.00 Million (operating CF $430.00 Million minus capex $146.00 Million) represents 0% of total liabilities ($22.97 Billion). Check NKE cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nike Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Nike Inc across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Nike Inc generate cash.
Annual Financial Flexibility Index for Nike Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Nike Inc. Explore Nike Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.18x | $4.13 Billion | $3.70 Billion | $23.37 Billion | ▼ -49.2% |
| 2024 | 0.35x | $8.24 Billion | $7.43 Billion | $23.68 Billion | ▲ +20.2% |
| 2023 | 0.29x | $6.81 Billion | $5.84 Billion | $23.53 Billion | ▲ +21.9% |
| 2022 | 0.24x | $5.95 Billion | $5.19 Billion | $25.04 Billion | ▼ -19.3% |
| 2021 | 0.29x | $7.35 Billion | $6.66 Billion | $24.97 Billion | ▲ +92.0% |
| 2020 | 0.15x | $3.57 Billion | $2.48 Billion | $23.29 Billion | ▼ -67.9% |
| 2019 | 0.48x | $7.02 Billion | $5.90 Billion | $14.68 Billion | ▲ +1.7% |
| 2018 | 0.47x | $5.98 Billion | $4.96 Billion | $12.72 Billion | ▲ +7.5% |
| 2017 | 0.44x | $4.75 Billion | $3.64 Billion | $10.85 Billion | ▼ -5.7% |
| 2016 | 0.46x | $4.24 Billion | $3.10 Billion | $9.14 Billion | ▼ -26.9% |
| 2015 | 0.63x | $5.64 Billion | $4.68 Billion | $8.89 Billion | ▲ +27.0% |
| 2014 | 0.50x | $3.88 Billion | $3.00 Billion | $7.77 Billion | ▼ -12.3% |
| 2013 | 0.57x | $3.66 Billion | $3.03 Billion | $6.43 Billion | ▲ +16.1% |
| 2012 | 0.49x | $2.50 Billion | $1.90 Billion | $5.08 Billion | ▲ +12.8% |
| 2011 | 0.44x | $2.24 Billion | $1.81 Billion | $5.16 Billion | ▼ -42.0% |
| 2010 | 0.75x | $3.50 Billion | $3.16 Billion | $4.67 Billion | ▲ +55.9% |
| 2009 | 0.48x | $2.19 Billion | $1.74 Billion | $4.56 Billion | ▼ -6.9% |
| 2008 | 0.52x | $2.39 Billion | $1.94 Billion | $4.62 Billion | ▼ -13.7% |
| 2007 | 0.60x | $2.19 Billion | $1.88 Billion | $3.66 Billion | ▲ +7.2% |
| 2006 | 0.56x | $2.00 Billion | $1.67 Billion | $3.58 Billion | ▼ -3.8% |
| 2005 | 0.58x | $1.83 Billion | $1.57 Billion | $3.15 Billion | ▲ +4.4% |
| 2004 | 0.56x | $1.73 Billion | $1.51 Billion | $3.11 Billion | ▲ +37.2% |
| 2003 | 0.41x | $1.10 Billion | $917.40 Million | $2.72 Billion | ▼ -22.7% |
| 2002 | 0.52x | $1.36 Billion | $1.08 Billion | $2.60 Billion | ▲ +25.1% |
| 2001 | 0.42x | $974.10 Million | $656.50 Million | $2.33 Billion | ▼ -3.4% |
| 2000 | 0.43x | $1.18 Billion | $759.90 Million | $2.72 Billion | ▼ -38.3% |
| 1999 | 0.70x | $1.35 Billion | $961.00 Million | $1.91 Billion | ▲ +46.7% |
| 1998 | 0.48x | $1.02 Billion | $517.50 Million | $2.14 Billion | ▲ +33.9% |
| 1997 | 0.36x | $789.00 Million | $323.10 Million | $2.21 Billion | ▼ -0.5% |
| 1996 | 0.36x | $546.40 Million | $330.00 Million | $1.52 Billion | ▲ +3.5% |
| 1995 | 0.35x | $409.00 Million | $254.90 Million | $1.18 Billion | ▼ -67.3% |
| 1994 | 1.06x | $671.80 Million | $576.50 Million | $632.60 Million | ▲ +58.6% |
| 1993 | 0.67x | $362.30 Million | $265.30 Million | $541.20 Million | ▼ -33.3% |
| 1992 | 1.00x | $543.10 Million | $436.60 Million | $540.90 Million | ▲ +278.8% |
| 1991 | 0.27x | $179.00 Million | $14.20 Million | $675.30 Million | ▼ -61.6% |
| 1990 | 0.69x | $214.30 Million | $127.10 Million | $310.10 Million | ▼ -13.9% |
| 1989 | 0.80x | $211.40 Million | $169.40 Million | $263.30 Million | — |