Nike Inc (NKE) — Tangible Net Worth Ratio

Latest as of February 2026: 98.2%

Nike Inc (NKE) has a Tangible Net Worth Ratio of 98.2% as of February 2026. This metric is calculated by deducting intangible assets ($259.00 Million) from net assets ($14.09 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Nike Inc (NKE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.2%
Tangible equity / total equity

Net Assets (Equity)

$14.09 Billion
USD

Intangible Assets

$259.00 Million
Goodwill, patents, brand value

Total Assets

$37.06 Billion
USD

Nike Inc Tangible Net Worth Ratio (1986–2025)

This chart shows how Nike Inc's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at 98.2%, reflecting net assets of $14.09 Billion with intangible assets of $259.00 Million USD. See operational self-sufficiency of Nike Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Nike Inc (1986–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Nike Inc from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see NKE market cap.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 98.0% $13.21 Billion $259.00 Million $36.58 Billion ▼ -0.2 pp
2024 98.2% $14.43 Billion $259.00 Million $38.11 Billion ▲ +0.2 pp
2023 98.0% $14.00 Billion $274.00 Million $37.53 Billion ▼ -0.1 pp
2022 98.1% $15.28 Billion $286.00 Million $40.32 Billion ▲ +0.2 pp
2021 97.9% $12.77 Billion $269.00 Million $37.74 Billion ▲ +1.3 pp
2020 96.6% $8.05 Billion $274.00 Million $31.34 Billion ▼ -0.3 pp
2019 96.9% $9.04 Billion $283.00 Million $23.72 Billion ▼ -0.2 pp
2018 97.1% $9.81 Billion $285.00 Million $22.54 Billion ▼ -0.6 pp
2017 97.7% $12.41 Billion $283.00 Million $23.26 Billion ▲ +0.0 pp
2016 97.7% $12.26 Billion $281.00 Million $21.40 Billion ▼ -0.1 pp
2015 97.8% $12.71 Billion $281.00 Million $21.60 Billion ▲ +0.4 pp
2014 97.4% $10.82 Billion $282.00 Million $18.59 Billion ▲ +0.8 pp
2013 96.6% $11.16 Billion $382.00 Million $17.58 Billion ▲ +1.7 pp
2012 94.8% $10.38 Billion $535.00 Million $15.46 Billion ▼ -0.2 pp
2011 95.1% $9.84 Billion $487.00 Million $15.00 Billion ▼ -0.2 pp
2010 95.2% $9.75 Billion $467.00 Million $14.42 Billion ▲ +0.6 pp
2009 94.6% $8.69 Billion $467.40 Million $13.25 Billion ▲ +4.1 pp
2008 90.5% $7.83 Billion $743.10 Million $12.44 Billion ▼ -3.7 pp
2007 94.2% $7.03 Billion $409.90 Million $10.69 Billion ▲ +0.6 pp
2006 93.5% $6.29 Billion $405.50 Million $9.87 Billion ▲ +3.1 pp
2005 90.4% $5.64 Billion $541.50 Million $8.79 Billion ▼ -1.9 pp
2004 92.3% $4.78 Billion $366.30 Million $7.89 Billion ▼ -3.1 pp
2003 95.4% $3.99 Billion $183.80 Million $6.71 Billion ▲ +6.8 pp
2002 88.6% $3.84 Billion $437.80 Million $6.44 Billion ▼ 0.0 pp
2001 88.6% $3.49 Billion $397.30 Million $5.82 Billion ▲ +1.7 pp
2000 86.9% $3.14 Billion $410.90 Million $5.86 Billion ▼ -0.3 pp
1999 87.2% $3.33 Billion $426.60 Million $5.25 Billion ▲ +0.6 pp
1998 86.6% $3.26 Billion $435.80 Million $5.40 Billion ▲ +1.3 pp
1997 85.3% $3.16 Billion $464.20 Million $5.36 Billion ▲ +4.8 pp
1996 80.5% $2.43 Billion $474.80 Million $3.95 Billion ▲ +5.7 pp
1995 74.8% $1.97 Billion $495.90 Million $3.14 Billion ▼ -16.2 pp
1994 91.0% $1.74 Billion $157.20 Million $2.37 Billion ▲ +0.6 pp
1993 90.4% $1.65 Billion $157.90 Million $2.19 Billion ▼ -1.3 pp
1992 91.7% $1.33 Billion $110.40 Million $1.87 Billion ▲ +2.8 pp
1991 88.9% $1.03 Billion $114.70 Million $1.71 Billion ▼ -0.8 pp
1990 89.7% $784.50 Million $81.00 Million $1.09 Billion ▲ +4.2 pp
1989 85.4% $562.10 Million $81.90 Million $825.40 Million ▼ -14.6 pp
1988 100.0% $411.80 Million $0.00 $709.10 Million ▲ +0.0 pp
1987 100.0% $338.00 Million $0.00 $511.80 Million ▲ +0.0 pp
1986 100.0% $316.80 Million $0.00 $476.80 Million
pp = percentage points