Nike Inc (NKE)
Profitability ratios
Return on sales
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 44.50% | 44.28% | 43.94% | 43.50% | 43.52% | 43.84% | 44.58% | 45.37% | 46.00% | 46.23% | 46.00% | 45.32% | 44.77% | 43.30% | 42.94% | 43.18% | 43.56% | 44.94% | 45.16% | 36.52% |
| Operating profit margin | 10.63% | 10.82% | 11.76% | 11.31% | 11.55% | 12.17% | 12.99% | 13.24% | 14.29% | 15.22% | 15.49% | 15.80% | 15.56% | 10.88% | 9.67% | 8.95% | 8.36% | 12.57% | 12.86% | 10.14% |
| Pretax margin | 13.03% | 12.05% | 12.20% | 11.69% | 12.11% | 12.50% | 13.28% | 13.51% | 14.24% | 15.24% | 15.34% | 15.28% | 14.94% | 10.40% | 8.50% | 8.15% | 7.74% | 11.97% | 13.12% | 10.36% |
| Net profit margin | 11.08% | 10.14% | 10.28% | 9.81% | 9.90% | 10.82% | 11.47% | 11.96% | 12.95% | 13.07% | 13.33% | 13.18% | 12.84% | 8.91% | 7.39% | 7.21% | 6.81% | 10.48% | 11.23% | 8.76% |
Nike Inc's profitability ratios have shown some fluctuations over the past few periods. The gross profit margin has ranged between 36.52% to 46.23%, with the latest figure at 44.50%, indicating the company's ability to efficiently manage its production costs.
The operating profit margin has varied from 8.36% to 15.80%, with a current value of 10.63%. This indicates the company's ability to generate profits from its core operations after accounting for operating expenses.
Similarly, the pretax margin has ranged from 7.74% to 15.34%, currently standing at 13.03%. This ratio reflects Nike's profitability before considering taxes, showing the company's overall profitability levels.
Lastly, the net profit margin has fluctuated between 6.81% to 13.33%, with the current figure at 11.08%. This ratio indicates the company's bottom-line profitability after all expenses, including taxes, have been deducted.
Overall, Nike Inc has maintained healthy profitability ratios, showing consistent profitability levels in the face of changing market conditions.
Return on investment
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.34% | 14.95% | 16.29% | 15.83% | 15.76% | 16.09% | 16.09% | 15.20% | 16.55% | 18.46% | 18.42% | 19.24% | 18.38% | 11.57% | 10.62% | 10.04% | 9.94% | 19.76% | 19.69% | 18.98% |
| Return on assets (ROA) | 14.96% | 14.00% | 14.24% | 13.73% | 13.51% | 14.31% | 14.21% | 13.73% | 14.99% | 15.85% | 15.85% | 16.04% | 15.17% | 9.47% | 8.11% | 8.09% | 8.10% | 16.47% | 17.19% | 16.40% |
| Return on total capital | 24.47% | 24.11% | 26.27% | 25.43% | 25.79% | 26.27% | 26.36% | 25.24% | 27.58% | 29.39% | 29.45% | 30.71% | 31.28% | 19.61% | 18.44% | 17.92% | 17.84% | 41.41% | 40.88% | 39.34% |
| Return on equity (ROE) | 39.50% | 36.77% | 37.46% | 36.16% | 36.20% | 37.70% | 36.89% | 35.65% | 39.57% | 41.30% | 41.34% | 42.41% | 44.86% | 28.73% | 26.56% | 29.16% | 31.52% | 47.74% | 48.89% | 46.78% |
Nike Inc's profitability ratios show a consistent trend of strong performance over the past few years. Operating return on assets (Operating ROA) has ranged from 14.34% to 19.69% during the period, indicating the company's ability to generate profits from its operational assets. Return on assets (ROA) has varied between 8.09% and 17.19%, demonstrating Nike's efficiency in utilizing its total assets to generate earnings.
Return on total capital has fluctuated between 17.84% and 41.41%, illustrating Nike's ability to generate returns for both equity and debt holders. Return on equity (ROE) has been consistently high, ranging from 26.56% to 48.89%, indicating the company's strong ability to generate returns for its shareholders.
Overall, Nike Inc shows a strong profitability performance across various ratios, reflecting its efficient use of assets and capital to generate earnings and returns for its stakeholders.