NIKE’s latest twelve months gross profit margin is 46.0%. NIKE’s gross profit margin for fiscal years ending May 2018 to 2022 averaged 44.6%. NIKE’s operated at median gross profit margin of 44.7% from fiscal years ending May 2018 to 2022.
In this post
What was NIKE’s gross profit ratio for 2021?
44.8%
In fiscal 2022, Nike’s global gross profit margin stood at roughly 46 percent.
Nike’s gross margin rate worldwide from the fiscal years of 2014 to 2022.
| Characteristic | Gross margin rate |
|---|---|
| 2021 | 44.8% |
| 2020 | 43.4% |
| 2019 | 44.7% |
| 2018 | 43.8% |
What was NIKE’s net margin for 2020?
6.79%
Compare NKE With Other Stocks
| NIKE Net Profit Margin Historical Data | ||
|---|---|---|
| Date | TTM Revenue | Net Margin |
| 2020-05-31 | $37.40B | 6.79% |
| 2020-02-29 | $41.27B | 10.46% |
| 2019-11-30 | $40.78B | 11.21% |
What is adidas gross profit margin?
adidas’s latest twelve months gross profit margin is 49.9%. adidas’s gross profit margin for fiscal years ending December 2017 to 2021 averaged 51.0%. adidas’s operated at median gross profit margin of 50.7% from fiscal years ending December 2017 to 2021.
What is under Armour’s gross profit margin?
Under Armour Gross Profit Margin (Quarterly): 46.71% for June 30, 2022.
Is NIKE financially healthy?
The Bottom Line. Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. But there is no risk-free stock—not even Nike.
What is NIKE’s current ratio?
2.6x
NIKE’s latest twelve months current ratio is 2.6x. NIKE’s current ratio for fiscal years ending May 2018 to 2022 averaged 2.5x. NIKE’s operated at median current ratio of 2.5x from fiscal years ending May 2018 to 2022. Looking back at the last five years, NIKE’s current ratio peaked in May 2021 at 2.7x.
How much does NIKE markup their products?
The actual cost breakdown totals $28.50. This means Nike makes a profit of $21.50 on a $100 sneaker. Subsequently, after taxes and administrative expenses (including research and development), true profit is approximately $4.50. These profit and cost numbers can fluctuate depending on a number of factors.
What year did NIKE make the most money?
The company experienced around 18.7% growth in its net revenues in 2021 compared to the previous year. Net revenue of Nike Inc grew to $39.12 billion in 2019 (highest in its history) from $36.4 billion in 2018. Net Revenue of Nike rose to $36.4 billion in 2018 from $34.35 Billion in 2017. Nike Inc.
How do we calculate profit margin?
If you want to easily plug information into the above formula, use these three steps for determining profit margin: Determine your business’s net income (Revenue – Expenses) Divide your net income by your revenue (also called net sales) Multiply your total by 100 to get your profit margin percentage.
Is Adidas growing or declining?
After the recovery from the coronavirus pandemic in 2021, adidas expects double-digit top-line growth to continue in 2022 amid heightened uncertainty.
How is Adidas doing financially 2022?
The company’s total revenue for the first six months of 2022 grew five per cent YoY to €10.897 billion (US$11.144 billion). Adidas has adjusted its guidance for the financial year due to the slower-than-expected recovery in Greater China.
Is Adidas a profitable company?
The German sportswear giant reported net profit of €310 million ($327 million) in the first three months of 2022, down 38% on the same period last year. The company said the decline was caused by a “challenging market environment” in China, where sales fell 35%, as well as supply chain disruptions.
What is under Armour’s current ratio?
Under Armour has a current ratio of 2.06.
What are Nike’s weaknesses?
Nike’s Weaknesses – Internal Strategic Factors
- Poor Labor Conditions in Foreign Countries – In the last 20 years, Nike has been consistently targeted regarding their poor labor conditions.
- Retailers Have a Stronger Hold – Nike’s retail sector makes Nike weak due to its sensitivity against pricing.
Who is Nike’s main competitors?
Nike competitors include adidas, New Balance, Skechers U.S.A., Steve Madden and ASICS America. Nike ranks 1st in Overall Culture Score on Comparably vs its competitors.
Is Nike a profitable company?
Global gross profit of Nike from 2014 to 2022
This graph presents Nike’s gross profit worldwide from the financial years of 2014 to 2022. In fiscal 2022, Nike’s global gross profit amounted to about 21.5 billion U.S. dollars. In comparison, this figure was around 12.4 billion U.S. dollars in back in 2014.
What is NIKE’s liquidity?
Current and historical current ratio for NIKE (NKE) from 2010 to 2022. Current ratio can be defined as a liquidity ratio that measures a company’s ability to pay short-term obligations. NIKE current ratio for the three months ending May 31, 2022 was 2.63.
What is NIKE’s WACC?
As of today (2022-08-14), Nike’s weighted average cost of capital is 8.36%. Nike’s ROIC % is 32.25% (calculated using TTM income statement data).
Does NIKE have good liquidity?
With a market valuation of US$123.0b, NKE is a safe haven in times of market uncertainty due to its strong balance sheet. In times of low liquidity in the market, these firms won’t be left high and dry. They are also relatively unaffected by increases in interest rates.
How much profit do Nike make?
NIKE annual gross profit for 2022 was $21.479B, a 7.6% increase from 2021. NIKE annual gross profit for 2021 was $19.962B, a 22.91% increase from 2020. NIKE annual gross profit for 2020 was $16.241B, a 7.06% decline from 2019.