Nike Inc (NKE) — Free Cash Flow Generation Index
Latest as of February 2026:
0.66x
Nike Inc (NKE) has a Free Cash Flow Generation Index of 0.66x as of February 2026. Free cash flow of $284.00 Million represents 1% of operating cash flow ($430.00 Million). Explore Nike Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.66x
Free Cash Flow / Operating CF
Free Cash Flow
$284.00 Million
USD
Operating Cash Flow
$430.00 Million
USD
Capital Expenditures
$146.00 Million
USD
Nike Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Nike Inc across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Nike Inc.
Annual Free Cash Flow Generation for Nike Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Nike Inc. Check NKE cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.88x | $3.27 Billion | $3.70 Billion | $430.00 Million | ▼ -0.8% |
| 2024 | 0.89x | $6.62 Billion | $7.43 Billion | $812.00 Million | ▲ +6.8% |
| 2023 | 0.83x | $4.87 Billion | $5.84 Billion | $969.00 Million | ▼ -2.3% |
| 2022 | 0.85x | $4.43 Billion | $5.19 Billion | $758.00 Million | ▼ -4.7% |
| 2021 | 0.90x | $5.96 Billion | $6.66 Billion | $695.00 Million | ▲ +59.1% |
| 2020 | 0.56x | $1.40 Billion | $2.48 Billion | $1.09 Billion | ▼ -30.5% |
| 2019 | 0.81x | $4.78 Billion | $5.90 Billion | $1.12 Billion | ▲ +2.3% |
| 2018 | 0.79x | $3.93 Billion | $4.96 Billion | $1.03 Billion | ▲ +13.8% |
| 2017 | 0.70x | $2.54 Billion | $3.64 Billion | $1.10 Billion | ▲ +10.4% |
| 2016 | 0.63x | $1.95 Billion | $3.10 Billion | $1.14 Billion | ▼ -20.6% |
| 2015 | 0.79x | $3.72 Billion | $4.68 Billion | $963.00 Million | ▲ +12.3% |
| 2014 | 0.71x | $2.12 Billion | $3.00 Billion | $880.00 Million | ▼ -10.5% |
| 2013 | 0.79x | $2.39 Billion | $3.03 Billion | $636.00 Million | ▲ +15.2% |
| 2012 | 0.69x | $1.30 Billion | $1.90 Billion | $597.00 Million | ▼ -10.0% |
| 2011 | 0.76x | $1.38 Billion | $1.81 Billion | $432.00 Million | ▼ -14.8% |
| 2010 | 0.89x | $2.83 Billion | $3.16 Billion | $335.10 Million | ▲ +21.2% |
| 2009 | 0.74x | $1.28 Billion | $1.74 Billion | $455.70 Million | ▼ -4.0% |
| 2008 | 0.77x | $1.49 Billion | $1.94 Billion | $449.20 Million | ▼ -7.8% |
| 2007 | 0.83x | $1.57 Billion | $1.88 Billion | $313.50 Million | ▲ +4.2% |
| 2006 | 0.80x | $1.33 Billion | $1.67 Billion | $333.70 Million | ▼ -4.4% |
| 2005 | 0.84x | $1.31 Billion | $1.57 Billion | $257.10 Million | ▼ -2.6% |
| 2004 | 0.86x | $1.30 Billion | $1.51 Billion | $213.90 Million | ▲ +7.7% |
| 2003 | 0.80x | $731.50 Million | $917.40 Million | $185.90 Million | ▲ +8.0% |
| 2002 | 0.74x | $798.70 Million | $1.08 Billion | $282.80 Million | ▲ +43.1% |
| 2001 | 0.52x | $338.90 Million | $656.50 Million | $317.60 Million | ▲ +15.4% |
| 2000 | 0.45x | $340.00 Million | $759.90 Million | $419.90 Million | ▼ -25.5% |
| 1999 | 0.60x | $576.90 Million | $961.00 Million | $384.10 Million | ▲ +2578.1% |
| 1998 | 0.02x | $11.60 Million | $517.50 Million | $505.90 Million | ▲ +105.1% |
| 1997 | -0.44x | $-142.80 Million | $323.10 Million | $465.90 Million | ▼ -228.4% |
| 1996 | 0.34x | $113.60 Million | $330.00 Million | $216.40 Million | ▼ -12.9% |
| 1995 | 0.40x | $100.80 Million | $254.90 Million | $154.10 Million | ▼ -52.6% |
| 1994 | 0.83x | $481.20 Million | $576.50 Million | $95.30 Million | ▲ +31.6% |
| 1993 | 0.63x | $168.30 Million | $265.30 Million | $97.00 Million | ▼ -16.1% |
| 1992 | 0.76x | $330.10 Million | $436.60 Million | $106.50 Million | ▲ +107.1% |
| 1991 | -10.61x | $-150.60 Million | $14.20 Million | $164.80 Million | ▼ -3478.4% |
| 1990 | 0.31x | $39.90 Million | $127.10 Million | $87.20 Million | ▼ -58.3% |
| 1989 | 0.75x | $127.40 Million | $169.40 Million | $42.00 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).