Nike Inc (NKE) - Net Assets
Based on the latest financial reports, Nike Inc (NKE) has net assets worth $14.09 Billion USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.06 Billion) and total liabilities ($22.97 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. Check Nike Inc (NKE) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.09 Billion |
| % of Total Assets | 38.02% |
| 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. Also explore how large is Nike Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Nike Inc (1986–2025)
The table below shows the annual net assets of Nike Inc from 1986 to 2025. For live valuation and market cap data, see Nike Inc market cap and net worth.
| 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 |
|---|---|
|
Cenovus Energy Inc
TO:CVE
|
$53.00 Billion |
|
Alimentation Couchen Tard Inc A
TO:ATD
|
$53.06 Billion |
|
Ametek Inc
NYSE:AME
|
$53.06 Billion |
|
Nu Holdings Ltd.
F:M1Z
|
$53.19 Billion |
|
Nu Holdings Ltd
NYSE:NU
|
$52.90 Billion |
|
Public Storage
NYSE:PSA
|
$52.71 Billion |
|
Target Corporation
NYSE:TGT
|
$52.60 Billion |
|
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK
|
$52.60 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: 4.97x
- 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 336.82x to 4.97x 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 | $44.14 | x |
| 1987-05-31 | $0.14 | $44.14 | x |
| 1988-05-31 | $0.17 | $44.14 | x |
| 1989-05-31 | $0.24 | $44.14 | x |
| 1990-05-31 | $0.33 | $44.14 | x |
| 1991-05-31 | $0.43 | $44.14 | x |
| 1992-05-31 | $0.55 | $44.14 | x |
| 1993-05-31 | $0.68 | $44.14 | x |
| 1994-05-31 | $0.74 | $44.14 | x |
| 1995-05-31 | $0.84 | $44.14 | x |
| 1996-05-31 | $1.04 | $44.14 | x |
| 1997-05-31 | $1.33 | $44.14 | x |
| 1998-05-31 | $1.38 | $44.14 | x |
| 1999-05-31 | $1.45 | $44.14 | x |
| 2000-05-31 | $1.40 | $44.14 | x |
| 2001-05-31 | $1.60 | $44.14 | x |
| 2002-05-31 | $1.77 | $44.14 | x |
| 2003-05-31 | $1.86 | $44.14 | x |
| 2004-05-31 | $2.22 | $44.14 | x |
| 2005-05-31 | $2.61 | $44.14 | x |
| 2006-05-31 | $2.98 | $44.14 | x |
| 2007-05-31 | $3.45 | $44.14 | x |
| 2008-05-31 | $3.88 | $44.14 | x |
| 2009-05-31 | $4.43 | $44.14 | x |
| 2010-05-31 | $4.94 | $44.14 | x |
| 2011-05-31 | $5.07 | $44.14 | x |
| 2012-05-31 | $5.52 | $44.14 | x |
| 2013-05-31 | $6.09 | $44.14 | x |
| 2014-05-31 | $5.97 | $44.14 | x |
| 2015-05-31 | $7.18 | $44.14 | x |
| 2016-05-31 | $7.03 | $44.14 | x |
| 2017-05-31 | $7.33 | $44.14 | x |
| 2018-05-31 | $5.91 | $44.14 | x |
| 2019-05-31 | $5.59 | $44.14 | x |
| 2020-05-31 | $5.06 | $44.14 | x |
| 2021-05-31 | $7.93 | $44.14 | x |
| 2022-05-31 | $9.49 | $44.14 | x |
| 2023-05-31 | $8.92 | $44.14 | x |
| 2024-05-31 | $9.43 | $44.14 | x |
| 2025-05-31 | $8.88 | $44.14 | 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: $548,641,545
- Average return on equity (ROE) among peers: -6.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nike Inc (NKE) | $14.09 Billion | 18.69% | 1.63x | $52.95 Billion |
| American Rebel Holdings Inc (AREB) | $-646.27K | 0.00% | 0.00x | $930.25K |
| Birkenstock Holding plc (BIRK) | $2.72 Billion | 12.79% | 0.82x | $7.23 Billion |
| Crocs Inc (CROX) | $-3.59 Million | 0.00% | 0.00x | $4.52 Billion |
| Designer Brands Inc (DBI) | $362.51 Million | 8.02% | 4.73x | $285.90 Million |
| Deckers Outdoor Corporation (DECK) | $655.67 Million | 24.13% | 0.23x | $14.25 Billion |
| Kandal M Venture Limited Class A Ordinary Shares (FMFC) | $-950.79K | 0.00% | 0.00x | $6.27 Million |
| Forward Industries Inc (FORD) | $9.19 Million | -104.86% | 0.86x | $788.51 Million |
| Fossil Group Inc (FOSL) | $344.46 Million | 17.10% | 0.40x | $112.95 Million |
| On Holding Ltd (ONON) | $848.40 Million | -20.06% | 0.46x | $10.45 Billion |
About 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