NIKE, Inc. (NKE) Stock

About NIKE, Inc.

NIKE, Inc., through its various subsidiaries, operates as a global enterprise focused on the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories for all ages and genders. Beyond its primary offerings, the company provides a range of athletic and casual footwear, clothing, and accessories under the notable Jumpman trademark. It also distributes a variety of casual sneakers, apparel, and accessories, featuring well-known brands like Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell. Under the NIKE brand itself, the company supplies a comprehensive line of performance sports gear and accessories, such as bags, socks, sports balls, eyewear, timepieces, digital devices, bats, gloves, and protective equipment. Additionally, NIKE sells various plastic products to other manufacturers. The company also markets sportswear adorned with licensed logos from college and professional sports teams and leagues. Furthermore, it engages in licensing arrangements, allowing unaffiliated parties to manufacture and sell apparel, digital devices, applications, and other sports equipment under NIKE-owned trademarks. Its extensive product catalog reaches consumers globally through diverse channels, including specialized footwear, sporting goods, athletic specialty, department, skate, tennis, and golf stores. Distribution occurs via NIKE's proprietary retail outlets, digital e-commerce platforms, independent distributors, authorized licensees, and sales representatives. Founded in 1964, the company was originally named Blue Ribbon Sports, Inc., before officially becoming NIKE, Inc. in 1971, and maintains its corporate headquarters in Beaverton, Oregon.

NIKE, Inc. is led by CEO Elliott J. Hill, employs 79,400 people, headquartered in Beaverton, US, publicly traded since 1980.

NIKE, Inc. (NKE) stock trades at $43.22 with a market capitalization of $63.96B. The stock is valued at a price-to-earnings (P/E) ratio of 29.04, price-to-book of 4.64, price-to-sales of 1.33. Over the past 52 weeks the stock has ranged between $40.38 and $80.17, and currently trades 46.1% below its 52-week high. It pays a dividend yielding 3.87%.

On profitability, NIKE, Inc. generates a return on equity (ROE) of 16.02%, above the typical market average, return on capital employed of 28.02%, an operating margin of 7.99%, a net profit margin of 4.84%.

In its most recent fiscal year, NIKE, Inc. reported annual revenue of $46.3B, net profit of $3.2B, revenue has compounded at 4.4% a year over the last five years, profit at 4.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.79, a current ratio of 2.21, total assets of $36.6B, $7.5B in cash and equivalents.

NKE has an average daily trading volume of 23,100,037 shares, a beta of 1.12.

Official website: investors.nike.com