Nike Historical Income Statement

NKE Stock

USD 78.00 0.80 1.04%

Historical analysis of Nike income statement accounts such as Gross Profit of 24 B can show how well Nike Inc performed in making a profits. Evaluating Nike income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nike's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Nike Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nike Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

About Nike Income Statement Analysis

Nike Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nike shareholders. The income statement also shows Nike investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Nike Income Statement Chart

At present, Nike's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 53.9 B, whereas Selling General Administrative is forecasted to decline to about 6.4 B.

Interest Expense Total Revenue Gross Profit Other Operating Expenses Operating Income

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Nike Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Nike Inc minus its cost of goods sold. It is profit before Nike operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nike Inc. It is also known as Nike overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Nike Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nike Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Nike's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nike Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

	2021	2022	2023	2024 (projected)
Interest Expense	292M	286M	328.9M	345.3M
Depreciation And Amortization	717M	703M	844M	886.2M

Interest Expense Depreciation And Amortization

Nike income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Net Income From Continuing Ops	Selling And Marketing Expenses	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Net Interest Income	Interest Income	Extraordinary Items
Depreciation And Amortization		0.34	0.8	0.8	0.82	0.57	0.58	0.66	0.81	0.84	0.98	0.63	0.38	0.58	0.26	0.68	-0.31	0.38	0.73	0.25	-0.31	-0.11	0.02	-0.37	0.3
Interest Expense	0.34		0.58	0.59	0.58	0.46	0.5	0.5	0.58	0.58	0.38	0.55	0.34	0.58	-0.02	0.5	-0.31	0.57	0.63	0.45	-0.31	-0.16	0.05	-0.1	0.31
Total Revenue	0.8	0.58		1.0	1.0	0.88	0.9	0.93	1.0	0.99	0.86	0.94	0.08	0.9	0.3	0.84	-0.49	0.74	0.87	0.65	-0.49	-0.03	0.11	-0.3	0.47
Gross Profit	0.8	0.59	1.0		0.99	0.89	0.91	0.94	0.99	0.99	0.86	0.95	0.06	0.91	0.29	0.83	-0.49	0.76	0.87	0.66	-0.49	-0.04	0.09	-0.27	0.47
Other Operating Expenses	0.82	0.58	1.0	0.99		0.86	0.87	0.91	1.0	1.0	0.88	0.92	0.12	0.88	0.3	0.84	-0.49	0.71	0.88	0.64	-0.49	-0.03	0.13	-0.34	0.47
Operating Income	0.57	0.46	0.88	0.89	0.86		0.99	0.98	0.87	0.84	0.61	0.98	-0.31	0.92	0.35	0.64	-0.55	0.77	0.67	0.73	-0.55	0.07	0.14	-0.06	0.53
Ebit	0.58	0.5	0.9	0.91	0.87	0.99		0.99	0.88	0.85	0.63	0.99	-0.27	0.93	0.35	0.68	-0.5	0.81	0.71	0.73	-0.5	0.08	0.06	-0.04	0.48
Ebitda	0.66	0.5	0.93	0.94	0.91	0.98	0.99		0.92	0.89	0.71	0.99	-0.2	0.93	0.35	0.71	-0.5	0.8	0.74	0.71	-0.5	0.06	0.06	-0.08	0.48
Cost Of Revenue	0.81	0.58	1.0	0.99	1.0	0.87	0.88	0.92		0.99	0.87	0.93	0.09	0.88	0.31	0.84	-0.49	0.72	0.87	0.65	-0.49	-0.02	0.12	-0.33	0.47
Total Operating Expenses	0.84	0.58	0.99	0.99	1.0	0.84	0.85	0.89	0.99		0.89	0.9	0.17	0.86	0.28	0.84	-0.49	0.7	0.9	0.64	-0.49	-0.05	0.14	-0.37	0.47
Reconciled Depreciation	0.98	0.38	0.86	0.86	0.88	0.61	0.63	0.71	0.87	0.89		0.7	0.35	0.66	0.26	0.77	-0.27	0.49	0.78	0.31	-0.27	-0.11	-0.05	-0.34	0.25
Income Before Tax	0.63	0.55	0.94	0.95	0.92	0.98	0.99	0.99	0.93	0.9	0.7		-0.18	0.96	0.29	0.75	-0.47	0.84	0.75	0.73	-0.47	-0.01	0.04	-0.07	0.46
Total Other Income Expense Net	0.38	0.34	0.08	0.06	0.12	-0.31	-0.27	-0.2	0.09	0.17	0.35	-0.18		-0.12	-0.25	0.18	0.11	-0.15	0.34	-0.03	0.11	-0.36	0.12	-0.52	-0.11
Net Income	0.58	0.58	0.9	0.91	0.88	0.92	0.93	0.93	0.88	0.86	0.66	0.96	-0.12		0.04	0.72	-0.47	0.92	0.71	0.76	-0.47	-0.26	0.0	-0.06	0.46
Income Tax Expense	0.26	-0.02	0.3	0.29	0.3	0.35	0.35	0.35	0.31	0.28	0.26	0.29	-0.25	0.04		0.31	0.09	-0.05	0.3	-0.02	0.09	0.89	0.0	0.02	0.01
Selling General Administrative	0.68	0.5	0.84	0.83	0.84	0.64	0.68	0.71	0.84	0.84	0.77	0.75	0.18	0.72	0.31		-0.06	0.73	0.83	0.43	-0.06	-0.02	-0.12	-0.19	0.3
Research Development	-0.31	-0.31	-0.49	-0.49	-0.49	-0.55	-0.5	-0.5	-0.49	-0.49	-0.27	-0.47	0.11	-0.47	0.09	-0.06		-0.22	-0.38	-0.62	1.0	0.08	-0.7	0.52	-0.8
Net Income From Continuing Ops	0.38	0.57	0.74	0.76	0.71	0.77	0.81	0.8	0.72	0.7	0.49	0.84	-0.15	0.92	-0.05	0.73	-0.22		0.65	0.69	-0.22	-0.28	-0.17	0.09	0.37
Selling And Marketing Expenses	0.73	0.63	0.87	0.87	0.88	0.67	0.71	0.74	0.87	0.9	0.78	0.75	0.34	0.71	0.3	0.83	-0.38	0.65		0.65	-0.38	0.04	0.23	-0.49	0.52
Non Operating Income Net Other	0.25	0.45	0.65	0.66	0.64	0.73	0.73	0.71	0.65	0.64	0.31	0.73	-0.03	0.76	-0.02	0.43	-0.62	0.69	0.65		-0.62	-0.14	0.49	-0.42	0.62
Discontinued Operations	-0.31	-0.31	-0.49	-0.49	-0.49	-0.55	-0.5	-0.5	-0.49	-0.49	-0.27	-0.47	0.11	-0.47	0.09	-0.06	1.0	-0.22	-0.38	-0.62		0.08	-0.7	0.52	-0.8
Tax Provision	-0.11	-0.16	-0.03	-0.04	-0.03	0.07	0.08	0.06	-0.02	-0.05	-0.11	-0.01	-0.36	-0.26	0.89	-0.02	0.08	-0.28	0.04	-0.14	0.08		0.08	0.05	-0.02
Net Interest Income	0.02	0.05	0.11	0.09	0.13	0.14	0.06	0.06	0.12	0.14	-0.05	0.04	0.12	0.0	0.0	-0.12	-0.7	-0.17	0.23	0.49	-0.7	0.08		-0.79	0.7
Interest Income	-0.37	-0.1	-0.3	-0.27	-0.34	-0.06	-0.04	-0.08	-0.33	-0.37	-0.34	-0.07	-0.52	-0.06	0.02	-0.19	0.52	0.09	-0.49	-0.42	0.52	0.05	-0.79		-0.53
Extraordinary Items	0.3	0.31	0.47	0.47	0.47	0.53	0.48	0.48	0.47	0.47	0.25	0.46	-0.11	0.46	0.01	0.3	-0.8	0.37	0.52	0.62	-0.8	-0.02	0.7	-0.53

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Nike Account Relationship Matchups

Nike income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.1B	744M	717M	703M	844M	886.2M
Interest Expense	89M	262M	292M	286M	328.9M	345.3M
Total Revenue	37.4B	44.5B	46.7B	51.2B	51.4B	53.9B
Gross Profit	16.2B	20.0B	21.5B	22.3B	22.9B	24.0B
Other Operating Expenses	34.3B	37.6B	40.0B	45.3B	44.8B	47.1B
Operating Income	2.0B	6.1B	5.8B	5.1B	6.7B	7.0B
Ebit	2.0B	6.2B	6.0B	5.2B	6.3B	6.6B
Ebitda	3.1B	6.9B	6.7B	5.9B	7.2B	7.5B
Cost Of Revenue	21.2B	24.6B	25.2B	28.9B	28.5B	29.9B
Total Operating Expenses	13.1B	13.0B	14.8B	16.4B	16.3B	17.2B
Reconciled Depreciation	1.1B	797M	840M	859M	844M	886.2M
Income Before Tax	2.9B	6.7B	6.7B	6.2B	6.7B	7.0B
Total Other Income Expense Net	891M	(471M)	(24M)	286M	10M	16.1M
Net Income	2.5B	5.7B	6.0B	5.1B	5.7B	6.0B
Income Tax Expense	348M	934M	605M	1.1B	1B	601.1M
Selling General Administrative	9.5B	9.9B	11.0B	12.3B	12.3B	6.4B
Net Income Applicable To Common Shares	2.5B	5.7B	6.0B	5.1B	5.8B	6.1B
Net Income From Continuing Ops	2.5B	5.7B	6.0B	5.1B	5.7B	3.9B
Selling And Marketing Expenses	3.6B	3.1B	3.9B	4.1B	4.3B	3.7B
Non Operating Income Net Other	(139M)	(14M)	181M	280M	322M	338.1M
Tax Provision	348M	934M	605M	1.1B	1B	769.8M
Net Interest Income	(89M)	(262M)	(205M)	6M	161M	169.1M
Interest Income	14M	262M	205M	6M	6.9M	6.6M

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When determining whether Nike Inc is a strong investment it is important to analyze Nike's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nike's future performance. For an informed investment choice regarding Nike Stock, refer to the following important reports:

How To Invest In Nike

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Is Nike Stock a good investment?

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What is Nike's Net Worth?

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Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.26)

Dividend Share

1.48

Earnings Share

3.49

Revenue Per Share

33.122

Quarterly Revenue Growth

(0.10)

The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Nike Historical Income Statement

About Nike Income Statement Analysis

Nike Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Nike income statement Correlations

Nike Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nike income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 1.0	Other Operating Expenses
Discontinued Operations	+ 1.0	Research Development

Extraordinary Items	- 0.8	Discontinued Operations
Extraordinary Items	- 0.8	Research Development
Interest Income	- 0.79	Net Interest Income
Net Interest Income	- 0.7	Discontinued Operations
Net Interest Income	- 0.7	Research Development
Discontinued Operations	- 0.62	Non Operating Income Net Other