Nike is an American company that designs, develops, and markets footwear, apparel, equipment, and accessory products.
The company offers various categories of shoes including running, training, basketball, soccer, sport-inspired urban shoes, and kids' shoes. It also provides shoes for aquatic activities, baseball, football, cheerleading, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and various athletic and recreational uses. In addition, the company offers sports-inspired lifestyle apparel, athletic bags, and accessory items.
Further, it provides a line of performance equipment including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and various equipments designed for sports activities under the NIKE brand name, as well as markets apparel with licensed college and professional team and league logos.
Additionally, it offers licenses to produce and sell NIKE brand swimwear, children's apparel, training equipment, eyewear, electronic devices, and golf accessories. The company also markets its products under the brand names of Converse, Chuck Taylor, All Star, One Star, Umbro, Jack Purcell, Cole Haan, Bragano, and Hurley.
It sells its products to retail accounts through stores, independent distributors, and licensees, as well as through its Website, nikestore.com. As of May 31, 2009, Nike, Inc. operated 338 retail stores in the United States and 336 retail stores internationally.
Company Growth (employees)
Nike was founded in 1972 and is headquartered in Beaverton, US
Key People at Nike
Eric Sprunk
COO
Andy Campion
EVP and CFO
Trevor Edwards
VP Global Brand and Category Management
Mark Parker
President & CEP
Michael Spillane
President, Product and Merchandising
Monique Matheson
EVP, Global Human Resources
Nike Office Locations
Nike has offices in Beaverton, Hilversum and Yangpu Qu
Beaverton, US (HQ)
One Bowerman Drive
Yangpu Qu, CN
Jiangwancheng Rd
Hilversum, NL
1 Colosseum
Nike Data and Metrics
Nike Financial Metrics
Nike's revenue was reported to be $32.4 b in FY, 2016 which is a 6% increase from the previous period.
USD
Revenue (FY, 2016) | 32.4 b |
Revenue growth (FY, 2015 - FY, 2016), % | 6% |
Gross profit (FY, 2016) | 15 b |
Gross profit margin (FY, 2016), % | 46% |
Net income (FY, 2016) | 3.8 b |
Market capitalization (15-Aug-2017) | 97.1 b |
Cash (31-Dec-2016) | 3.1 b |
EV | 96 b |
Nike's current market capitalization is $97.1 b.
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 27.8 b | 30.6 b | 32.4 b |
Revenue growth, % | 10% | 6% | |
Cost of goods sold | 15.4 b | 16.5 b | 17.4 b |
Gross profit | 12.4 b | 14.1 b | 15 b |
Gross profit Margin, % | 45% | 46% | 46% |
Pre tax profit | 3.5 b | 4.2 b | 4.6 b |
Net Income | 2.7 b | 3.3 b | 3.8 b |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 2.2 b | 3.9 b | 3.1 b |
Accounts Receivable | 3.4 b | 3.4 b | 3.2 b |
Inventories | 3.9 b | 4.3 b | 4.8 b |
Current Assets | 13.7 b | 16 b | 15 b |
PP&E | 2.8 b | 3 b | 3.5 b |
Goodwill | 131 m | 131 m | 131 m |
Total Assets | 18.6 b | 21.6 b | 21.4 b |
Accounts Payable | 1.9 b | 2.1 b | 2.2 b |
Total Debt | 1.4 b | 1.3 b | 2.1 b |
Current Liabilities | 5 b | 6.3 b | 5.4 b |
Additional Paid-in Capital | 5.9 b | 6.8 b | 7.8 b |
Retained Earnings | 4.9 b | 4.7 b | 4.2 b |
Total Equity | 12.7 b | 12.3 b | |
Debt to Equity Ratio | 0.1 x | 0.2 x | |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 1.7 x | 1.7 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 2.7 b | 3.3 b | 3.8 b |
Accounts Receivable | (298 m) | (216 m) | 60 m |
Inventories | (505 m) | (621 m) | (590 m) |
Accounts Payable | 525 m | 1.2 b | (889 m) |
Cash From Operating Activities | 3 b | 4.7 b | 3.1 b |
Purchases of PP&E | (880 m) | (963 m) | (1.1 b) |
Cash From Investing Activities | (175 m) | (1 b) | |
Short-term Borrowings | (63 m) | (67 m) | |
Long-term Borrowings | (60 m) | (7 m) | (106 m) |
Dividends Paid | (899 m) | (1 b) | |
Cash From Financing Activities | (2.9 b) | (2.8 b) | (2.7 b) |
Interest Paid | 53 m | 53 m | 70 m |
Income Taxes Paid | 856 m | 1.3 b | 748 m |
| USD | Y, 2016 |
|---|---|
EV/CFO | 31 x |
Revenue/Employee | 476.1 k |
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.7 x |
Nike Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Converse | July 09, 2003 | $309 m |
| Hurley | February 22, 2002 | |
| Cole Haan | April 25, 1988 | $80 m |
Nike Market Value History
Nike Median Salaries
Source: 362 public H-1B filings from Nike
