Consumer Cyclical · NYSE/NASDAQ: NKE
NIKE, Inc.
Footwear & Accessories
Market Cap $38.66B
Verdict: Average
Quality Scores
Multi-Bagger
35/100
Compounder Quality
68/100
Management Credibility
45/100
Governance
85/100
Cash Flow Quality
74/100
AI Summary
NIKE, Inc. remains the global leader in athletic footwear and apparel, but recent financials indicate a period of structural transition and decelerating growth. While the brand remains iconic, the 10-year data shows significant volatility in net income, particularly a sharp decline in FY2025. Revenue grew from $39.12B in 2019 to $51.36B in 2024 before contracting to $46.31B, signaling demand headwinds and potential strategic missteps in direct-to-consumer (DTC) execution. Capital structure has shifted significantly, with long-term debt ballooning from $2.05B in 2016 to nearly $8B currently.…
Top Opportunities
- Global brand leadership in sports apparel
- Robust Cash Flow from Operations historically
- Strong Balance Sheet with high asset coverage
Top Risks
- Sharp revenue decline in FY2025 estimates
- Loss of market share to niche competitors (On, Hoka)
- Management credibility damaged by 2024 guidance cuts
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