Nike Inc
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America. The company offers its products under the NIKE, Jordan, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star… Read more
Nike Inc (NKE) - Net Assets
Latest net assets as of November 2025: $14.09 Billion USD
Based on the latest financial reports, Nike Inc (NKE) has net assets worth $14.09 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.79 Billion) and total liabilities ($23.70 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.09 Billion |
| % of Total Assets | 37.27% |
| Annual Growth Rate | 10.04% |
| 5-Year Change | 3.49% |
| 10-Year Change | 7.79% |
| Growth Volatility | 15.48 |
Nike Inc - Net Assets Trend (1986–2025)
This chart illustrates how Nike Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nike Inc (1986–2025)
The table below shows the annual net assets of Nike Inc from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $13.21 Billion | -8.43% |
| 2024-05-31 | $14.43 Billion | +3.04% |
| 2023-05-31 | $14.00 Billion | -8.36% |
| 2022-05-31 | $15.28 Billion | +19.69% |
| 2021-05-31 | $12.77 Billion | +58.50% |
| 2020-05-31 | $8.05 Billion | -10.90% |
| 2019-05-31 | $9.04 Billion | -7.87% |
| 2018-05-31 | $9.81 Billion | -20.92% |
| 2017-05-31 | $12.41 Billion | +1.22% |
| 2016-05-31 | $12.26 Billion | -3.53% |
| 2015-05-31 | $12.71 Billion | +17.40% |
| 2014-05-31 | $10.82 Billion | -2.98% |
| 2013-05-31 | $11.16 Billion | +7.47% |
| 2012-05-31 | $10.38 Billion | +5.47% |
| 2011-05-31 | $9.84 Billion | +0.92% |
| 2010-05-31 | $9.75 Billion | +12.20% |
| 2009-05-31 | $8.69 Billion | +11.09% |
| 2008-05-31 | $7.83 Billion | +11.39% |
| 2007-05-31 | $7.03 Billion | +11.78% |
| 2006-05-31 | $6.29 Billion | +11.36% |
| 2005-05-31 | $5.64 Billion | +18.04% |
| 2004-05-31 | $4.78 Billion | +19.82% |
| 2003-05-31 | $3.99 Billion | +3.95% |
| 2002-05-31 | $3.84 Billion | +9.86% |
| 2001-05-31 | $3.49 Billion | +11.42% |
| 2000-05-31 | $3.14 Billion | -5.96% |
| 1999-05-31 | $3.33 Billion | +2.24% |
| 1998-05-31 | $3.26 Billion | +3.35% |
| 1997-05-31 | $3.16 Billion | +29.81% |
| 1996-05-31 | $2.43 Billion | +23.74% |
| 1995-05-31 | $1.97 Billion | +12.85% |
| 1994-05-31 | $1.74 Billion | +5.76% |
| 1993-05-31 | $1.65 Billion | +23.60% |
| 1992-05-31 | $1.33 Billion | +28.93% |
| 1991-05-31 | $1.03 Billion | +31.69% |
| 1990-05-31 | $784.50 Million | +39.57% |
| 1989-05-31 | $562.10 Million | +36.50% |
| 1988-05-31 | $411.80 Million | +21.83% |
| 1987-05-31 | $338.00 Million | +6.69% |
| 1986-05-31 | $316.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nike Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 412.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00 Million | 0.02% |
| Other Comprehensive Income | $-258.00 Million | -1.95% |
| Other Components | $14.20 Billion | 107.43% |
| Total Equity | $13.21 Billion | 100.00% |
Nike Inc Competitors by Market Cap
The table below lists competitors of Nike Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kinder Morgan Inc
NYSE:KMI
|
$64.50 Billion |
|
Phillips 66
NYSE:PSX
|
$64.57 Billion |
|
DBS Group Holdings Ltd
PINK:DBSDF
|
$64.65 Billion |
|
Singapore Telecommunications PK
PINK:SGAPY
|
$64.66 Billion |
|
Meituan
PINK:MPNGF
|
$64.21 Billion |
|
Elevance Health Inc
NYSE:ELV
|
$63.54 Billion |
|
CSL Limited
PINK:CMXHF
|
$63.46 Billion |
|
Intel Corp. CEDEAR
BA:INTC
|
$63.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nike Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,430,000,000 to 13,213,000,000, a change of -1,217,000,000 (-8.4%).
- Net income of 3,219,000,000 contributed positively to equity growth.
- Dividend payments of 2,300,000,000 reduced retained earnings.
- Share repurchases of 2,985,000,000 reduced equity.
- Other comprehensive income decreased equity by 311,000,000.
- Other factors increased equity by 1,160,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.22 Billion | +24.36% |
| Dividends Paid | $2.30 Billion | -17.41% |
| Share Repurchases | $2.98 Billion | -22.59% |
| Other Comprehensive Income | $-311.00 Million | -2.35% |
| Other Changes | $1.16 Billion | +8.78% |
| Total Change | $- | -8.43% |
Book Value vs Market Value Analysis
This analysis compares Nike Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 420.60x to 6.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-05-31 | $0.13 | $55.12 | x |
| 1987-05-31 | $0.14 | $55.12 | x |
| 1988-05-31 | $0.17 | $55.12 | x |
| 1989-05-31 | $0.24 | $55.12 | x |
| 1990-05-31 | $0.33 | $55.12 | x |
| 1991-05-31 | $0.43 | $55.12 | x |
| 1992-05-31 | $0.55 | $55.12 | x |
| 1993-05-31 | $0.68 | $55.12 | x |
| 1994-05-31 | $0.74 | $55.12 | x |
| 1995-05-31 | $0.84 | $55.12 | x |
| 1996-05-31 | $1.04 | $55.12 | x |
| 1997-05-31 | $1.33 | $55.12 | x |
| 1998-05-31 | $1.38 | $55.12 | x |
| 1999-05-31 | $1.45 | $55.12 | x |
| 2000-05-31 | $1.40 | $55.12 | x |
| 2001-05-31 | $1.60 | $55.12 | x |
| 2002-05-31 | $1.77 | $55.12 | x |
| 2003-05-31 | $1.86 | $55.12 | x |
| 2004-05-31 | $2.22 | $55.12 | x |
| 2005-05-31 | $2.61 | $55.12 | x |
| 2006-05-31 | $2.98 | $55.12 | x |
| 2007-05-31 | $3.45 | $55.12 | x |
| 2008-05-31 | $3.88 | $55.12 | x |
| 2009-05-31 | $4.43 | $55.12 | x |
| 2010-05-31 | $4.94 | $55.12 | x |
| 2011-05-31 | $5.07 | $55.12 | x |
| 2012-05-31 | $5.52 | $55.12 | x |
| 2013-05-31 | $6.09 | $55.12 | x |
| 2014-05-31 | $5.97 | $55.12 | x |
| 2015-05-31 | $7.18 | $55.12 | x |
| 2016-05-31 | $7.03 | $55.12 | x |
| 2017-05-31 | $7.33 | $55.12 | x |
| 2018-05-31 | $5.91 | $55.12 | x |
| 2019-05-31 | $5.59 | $55.12 | x |
| 2020-05-31 | $5.06 | $55.12 | x |
| 2021-05-31 | $7.93 | $55.12 | x |
| 2022-05-31 | $9.49 | $55.12 | x |
| 2023-05-31 | $8.92 | $55.12 | x |
| 2024-05-31 | $9.43 | $55.12 | x |
| 2025-05-31 | $8.88 | $55.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nike Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.95%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 2.77x
- Recent ROE (24.36%) is above the historical average (24.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 18.69% | 5.54% | 2.24x | 1.51x | $27.52 Million |
| 1987 | 10.62% | 4.09% | 1.71x | 1.51x | $2.10 Million |
| 1988 | 24.70% | 8.45% | 1.70x | 1.72x | $60.52 Million |
| 1989 | 29.71% | 9.76% | 2.07x | 1.47x | $110.79 Million |
| 1990 | 30.98% | 10.87% | 2.04x | 1.40x | $164.55 Million |
| 1991 | 27.78% | 9.56% | 1.76x | 1.65x | $183.69 Million |
| 1992 | 24.71% | 9.67% | 1.82x | 1.41x | $196.00 Million |
| 1993 | 22.17% | 9.29% | 1.80x | 1.33x | $200.37 Million |
| 1994 | 17.16% | 7.88% | 1.60x | 1.36x | $124.68 Million |
| 1995 | 20.34% | 8.40% | 1.51x | 1.60x | $203.20 Million |
| 1996 | 22.75% | 8.55% | 1.64x | 1.63x | $310.06 Million |
| 1997 | 25.21% | 8.66% | 1.71x | 1.70x | $480.19 Million |
| 1998 | 12.25% | 4.18% | 1.77x | 1.65x | $73.41 Million |
| 1999 | 13.54% | 5.14% | 1.67x | 1.57x | $117.91 Million |
| 2000 | 18.46% | 6.44% | 1.54x | 1.87x | $265.47 Million |
| 2001 | 16.88% | 6.21% | 1.63x | 1.67x | $240.25 Million |
| 2002 | 17.28% | 6.70% | 1.54x | 1.68x | $279.40 Million |
| 2003 | 11.88% | 4.43% | 1.59x | 1.68x | $74.93 Million |
| 2004 | 19.78% | 7.72% | 1.55x | 1.65x | $467.43 Million |
| 2005 | 21.47% | 8.82% | 1.56x | 1.56x | $647.18 Million |
| 2006 | 22.15% | 9.31% | 1.52x | 1.57x | $763.48 Million |
| 2007 | 21.23% | 9.14% | 1.53x | 1.52x | $788.96 Million |
| 2008 | 24.07% | 10.11% | 1.50x | 1.59x | $1.10 Billion |
| 2009 | 17.10% | 7.75% | 1.45x | 1.52x | $617.42 Million |
| 2010 | 19.55% | 10.03% | 1.32x | 1.48x | $931.63 Million |
| 2011 | 21.67% | 10.60% | 1.34x | 1.52x | $1.15 Billion |
| 2012 | 21.30% | 9.48% | 1.51x | 1.49x | $1.17 Billion |
| 2013 | 22.16% | 9.77% | 1.44x | 1.58x | $1.36 Billion |
| 2014 | 24.88% | 9.69% | 1.50x | 1.72x | $1.61 Billion |
| 2015 | 25.76% | 10.70% | 1.42x | 1.70x | $2.00 Billion |
| 2016 | 30.67% | 11.61% | 1.51x | 1.75x | $2.53 Billion |
| 2017 | 34.17% | 12.34% | 1.48x | 1.87x | $3.00 Billion |
| 2018 | 19.70% | 5.31% | 1.62x | 2.30x | $951.80 Million |
| 2019 | 44.57% | 10.30% | 1.65x | 2.62x | $3.12 Billion |
| 2020 | 31.52% | 6.79% | 1.19x | 3.89x | $1.73 Billion |
| 2021 | 44.86% | 12.86% | 1.18x | 2.96x | $4.45 Billion |
| 2022 | 39.57% | 12.94% | 1.16x | 2.64x | $4.52 Billion |
| 2023 | 36.20% | 9.90% | 1.36x | 2.68x | $3.67 Billion |
| 2024 | 39.50% | 11.10% | 1.35x | 2.64x | $4.26 Billion |
| 2025 | 24.36% | 6.95% | 1.27x | 2.77x | $1.90 Billion |
Industry Comparison
This section compares Nike Inc's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $14,906,776,702
- Average return on equity (ROE) among peers: 15.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nike Inc (NKE) | $14.09 Billion | 18.69% | 1.68x | $64.28 Billion |
| Adidas AG (ADDDF) | $7.06 Billion | 28.00% | 1.93x | $29.25 Billion |
| American Rebel Holdings Inc (AREB) | $-5.01 Million | 0.00% | 0.00x | $820.83K |
| American Rebel Holdings Inc. Warrants (AREBW) | $-646.27K | 0.00% | 0.00x | $10.11K |
| ASICS Corporation (ASCCF) | $138.08 Billion | 9.97% | 0.77x | $14.51 Billion |
| Birkenstock Holding plc (BIRK) | $2.40 Billion | 3.13% | 1.01x | $2.66 Billion |
| Boss Holdings Inc (BSHI) | $18.59 Million | 4.22% | 0.25x | $144.31K |
| Eatware Inc (CHSH) | $3.45 Million | 18.93% | 0.33x | $0.97 |
| Crocs Inc (CROX) | $817.93 Million | 66.04% | 4.50x | $3.98 Billion |
| Designer Brands Inc (DBI) | $640.76 Million | 16.80% | 0.57x | $153.96 Million |
| Deckers Outdoor Corporation (DECK) | $57.10 Million | 7.88% | 0.31x | $14.69 Billion |