Compare NKE With Other Stocks
NIKE Net Profit Margin Historical Data | ||
---|---|---|
Date | TTM Revenue | Net Margin |
2021-08-31 | $46.19B | 13.17% |
2021-05-31 | $44.54B | 12.86% |
2021-02-28 | $38.51B | 8.90% |
In this post
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 NIKE margin?
Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. NIKE net profit margin as of May 31, 2022 is 12.94%.
How much did NIKE Net last year?
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.
What is NIKE’s annual profit?
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.
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.
What’s the profit margin on sneakers?
The pricing and popularity of running shoes helps keep profit margins in the 20 percent range for retail shoe owners who stock them. Demand and profit margins typically depend on how well the owner understands the local marketplace that the store serves, followed by a particular shoe’s collectibility and trend appeal.
What was NIKE’s net income in 2019?
$4,029
Compare NKE With Other Stocks
NIKE Annual Net Income (Millions of US $) | |
---|---|
2020 | $2,539 |
2019 | $4,029 |
2018 | $1,933 |
2017 | $4,240 |
What was NIKE’s return on equity ROE for 2019?
In 2019, the return on equity of Nike inc was 42.7% compared to 17.4% in 2018.
What is Nike’s net worth 2022?
As of 2022, the Nike brand was valued at more than 33 billion U.S. dollars, which is an increase of nearly three billion U.S. dollars from the previous year.
Why did Nike increase in 2021?
Over the fourth quarter of its 2021 fiscal year, the sportswear giant saw revenues grow by 96 percent to $12.3 billion USD, largely attributed by the company to the recovery of its operations that have been affected by COVID-19 last year.
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 |
Does Nike have high profit margins?
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.
Who is richer Adidas or Nike?
The brand value of Nike has increased year-on-year since 2010 and reached around 42.5 billion U.S. dollars in 2021. In comparison, the adidas brand was valued at approximately 13.4 billion U.S. dollars in 2021 – increasing for the sixth consecutive year following two years of decline.
How do I calculate a 40% margin?
Find out your revenue (how much you sell these goods for, for example $50 ). Divide gross profit by revenue: $20 / $50 = 0.4 . Express it as percentages: 0.4 * 100 = 40% . This is how you calculate profit margin… or simply use our gross margin calculator!
How do I calculate net profit on a calculator?
Here are the various formulas you can use to calculate net profit:
- net profit = total revenue – total expenses.
- net profit = gross profit – expenses.
- net profit margin = ( net profit / total revenue ) x 100.
- Let’s say that in a given period, Company A made a total revenue of $500,000.
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.
How much does it cost Nike to make a pair of Jordans?
Ever wonder the truth on how much it cost to make an Air Jordan 1 model? According to hk-kicks, who did some research and found this image which it breaks down the full model for a total of $16.25. The materials coast $10.75, the labor cost $2.43, the overhead is $2.10 and the factory profit is $0.97.
How much does it cost for Nike to make a shirt?
How is my price determined?
Quantity | 1 side |
---|---|
Additional services priced per application | |
1 Logo | $3.50 |
2 Logo | $5.25 |
3 Logo | $7.50 |
Did Nike have a loss of profit in 2021?
NIKE annual net income/loss for 2021 was $5.727B, a 125.56% increase from 2020. NIKE annual net income/loss for 2020 was $2.539B, a 36.98% decline from 2019.
Why did Nike’s net income drop in 2019?
Revenue for Nike decreased by 38% to 6.3 billion US dollars, down by 36% on a currency-neutral basis, primarily due to owned and partner physical store closures across North America, EMEA and APLA due to COVID-19, partially offset by growth in Greater China.