NIKE net income for the quarter ending May 31, 2022 was $1.439B, a 4.64% decline year-over-year. NIKE net income for the twelve months ending May 31, 2022 was $6.046B, a 5.57% increase year-over-year.
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| NIKE Annual Net Income (Millions of US $) | |
|---|---|
| 2019 | $4,029 |
| 2018 | $1,933 |
| 2017 | $4,240 |
| 2016 | $3,760 |
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How much did NIKE make last year?
Revenues for NIKE, Inc. decreased 1 percent to $12.2 billion compared to the prior year and were up 3 percent on a currency-neutral basis. Revenues for the NIKE Brand were $11.7 billion, down 1 percent on a reported basis and up 3 percent on a currency-neutral basis, led by 20 percent growth in EMEA.
What is NIKE’s net?
In 2021, Nike’s global net income amounted to about 5.73 billion U.S. dollars. US-based Nike is the world leader in athletic footwear and apparel.
What was NIKE’s net margin for 2020?
6.79%
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| 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% |
How much does NIKE make a year 2022?
US$46.7 billion
Nike has revealed revenue of US$46.7 billion for the 2022 financial year, up five per cent year-over-year (YoY). The US sportswear giant’s net income for fiscal 2022 was US$6 billion, a rise of six per cent YoY. Broken down, revenue for the Nike brand was US$44.4 billion, up five per cent YoY.
How much did Nike make in 2021?
$44.538B
NIKE annual revenue for 2022 was $46.71B, a 4.88% increase from 2021. NIKE annual revenue for 2021 was $44.538B, a 19.08% increase from 2020. NIKE annual revenue for 2020 was $37.403B, a 4.38% decline from 2019.
Who owns Nike now?
Phil Knight
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
Who owns Nike net worth?
He is the co-founder and chairman emeritus of Nike, Inc., and was previously chairman and CEO of the company. As of July 23, 2020, Knight was ranked by Forbes as the 24th richest person in the world, with an estimated net worth of US$54.5 billion.
| Phil Knight | |
|---|---|
| Parent(s) | William W. Knight Lota Hatfield Knight |
What is NIKE’s gross margin 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 |
|---|---|
| 2022 | 46% |
| 2021 | 44.8% |
| 2020 | 43.4% |
| 2019 | 44.7% |
What is a good profit margin for NIKE?
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.
What is NIKE’s return on assets?
NIKE’s latest twelve months return on assets is 15.5%. NIKE’s return on assets for fiscal years ending May 2018 to 2022 averaged 13.4%. NIKE’s operated at median return on assets of 15.5% from fiscal years ending May 2018 to 2022.
How much does Nike pay Ronaldo?
The most prominent sponsor for Ronaldo is Nike, who reportedly pay him more than $20m every year. Ronaldo signed a lifetime deal with Nike in 2016 and was only the third athlete to do so. He followed in the footsteps of basketball giants Michael Jordan and LeBron James in signing such a deal.
What is Nike ranked in the world?
RANK83. Nike has been celebrating its 50th anniversary over the past year, and doing so in style: Its revenue grew 19% in 2021, while profits more than doubled.
Is Nike the biggest company in the world?
Nike, Inc., which is an American multinational corporation, is the world’s largest supplier and manufacturer of athletic shoes and apparel, as well as a major supplier of sports equipment. Some of the other big players within the industry are adidas, Puma, and Under Armour.
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.
Is Nike currently profitable?
In fiscal 2022, Nike’s global gross profit amounted to about 21.5 billion U.S. dollars.
Nike’s gross profit worldwide from the fiscal years of 2014 to 2022 (in million U.S. dollars)
| Characteristic | Gross profit in million U.S. dollars |
|---|---|
| 2019 | 17,474 |
| 2018 | 15,956 |
| 2017 | 15,312 |
| 2016 | 14,971 |
How much does Nike make a day?
Powell arrived at that number by first starting with Nike’s Q1 earnings, which were $9.1 billion. “That’s $700 million per week; $100 Million per day; $4 million per hour; $66K Minute; $1K (25 pairs) a second.”
How much is the Nike logo worth?
$26 billion
The Swoosh is the logo of American sportswear designer and retailer Nike. Today, it has become one of the most recognizable brand logos in the world, and the most valuable, having a worth of $26 billion alone.
Does Michael Jordan own Nike?
Air Jordan is a line of basketball shoes and athletic clothing produced by American corporation Nike.
Air Jordan.
| The silhouette of Michael Jordan served as inspiration to create the “Jumpman” logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
Why is Nike called Nike?
The company was founded on January 25, 1964, as “Blue Ribbon Sports”, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory.
Who is the richest person in the world 2022?
Elon Musk
As of August 4, 2022, with a net worth of roughly $278.4 billion, Elon Musk is the wealthiest person in the world, followed by Bernard Arnault (No. 2, $170.3 billion), Jeff Bezos (No. 3, $165.1 billion); and Gautam Adani (No. 4, $131.5 billion).