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.
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.
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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
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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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Nike Inc financial statement analysis. It represents the amount of money remaining after all of Nike Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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. 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.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 292M | 286M | 328.9M | 345.3M | Depreciation And Amortization | 717M | 703M | 844M | 886.2M |
Nike income statement Correlations
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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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.