Nike (NKE) FY2022 results: revenue $46.7 billion, up 4.9% on the year
Nike, Inc. (NKE) reported revenue of $46.7 billion for fiscal 2022, the year ended 31 May 2022, up 4.9% on the year before. Net income was $6.0 billion, up 5.6%, and diluted earnings per share $3.75. The figures are the company's own, from the 10-K it filed with the SEC on 21 July 2022.
Revenue
$46.7 billion
+4.9% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$6.0 billion
+5.6% on the year
FY2015FY2022
Diluted EPS
$3.75
+5.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
5,188
6,657
2,485
-22.1%
Capital expenditure
758
695
1,086
+9.1%
Free cash flow
4,430
5,962
1,399
-25.7%
Free cash flow margin
9.5%
13.4%
3.7%
Cash from investing
-1,524
-3,800
-1,028
Cash from financing
-4,836
-1,459
2,491
Share-based compensation
638
611
429
+4.4%
Buybacks
4,014
608
3,067
+560.2%
Dividends paid
1,837
1,638
1,452
+12.1%
Dividend per share
$1.19
$1.07
$0.95
+11.2%
Diluted shares, weighted
1,611m
1,609m
1,592m
+0.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
15,281
12,767
8,055
+19.7%
Redeemable equity
0.0
0.0
0.0
Short-term borrowings
10.0
2.0
n/a
+400.0%
Debt
9,420
9,413
9,657
+0.1%
Operating lease liabilities
2,777
2,931
2,913
-5.3%
Other liabilities
12,833
12,627
10,717
+1.6%
Total liabilities and equity
40,321
37,740
31,342
+6.8%
Fixed assets
4,791
4,904
4,866
-2.3%
Goodwill
284
242
223
+17.4%
Intangible assets
286
269
274
+6.3%
Investments
n/a
3,587
439
Cash and equivalents
8,574
9,889
8,348
-13.3%
Receivables
4,667
4,463
2,749
+4.6%
Other assets
21,719
14,386
14,443
+51.0%
Total assets
40,321
37,740
31,342
+6.8%
10-K for the year ended 31 May 2022, filed 21 July 2022: the filing.