Return on Equity (ROE)
since 2005
Calculation
Nike Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| May 31, 2024 | 39.50% | = | 100 | × | 5,700) | ÷ | 14,430) |
| May 31, 2023 | 36.20% | = | 100 | × | 5,070) | ÷ | 14,004) |
| May 31, 2022 | 39.57% | = | 100 | × | 6,046) | ÷ | 15,281) |
| May 31, 2021 | 44.86% | = | 100 | × | 5,727) | ÷ | 12,767) |
| May 31, 2020 | 31.52% | = | 100 | × | 2,539) | ÷ | 8,055) |
| May 31, 2019 | 44.57% | = | 100 | × | 4,029) | ÷ | 9,040) |
| May 31, 2018 | 19.70% | = | 100 | × | 1,933) | ÷ | 9,812) |
| May 31, 2017 | 34.17% | = | 100 | × | 4,240) | ÷ | 12,407) |
| May 31, 2016 | 30.67% | = | 100 | × | 3,760) | ÷ | 12,258) |
| May 31, 2015 | 25.76% | = | 100 | × | 3,273) | ÷ | 12,707) |
| May 31, 2014 | 24.88% | = | 100 | × | 2,693) | ÷ | 10,824) |
| May 31, 2013 | 22.28% | = | 100 | × | 2,485) | ÷ | 11,156) |
| May 31, 2012 | 21.41% | = | 100 | × | 2,223) | ÷ | 10,381) |
| May 31, 2011 | 21.67% | = | 100 | × | 2,133) | ÷ | 9,843) |
| May 31, 2010 | 19.55% | = | 100 | × | 1,907) | ÷ | 9,754) |
| May 31, 2009 | 17.10% | = | 100 | × | 1,487) | ÷ | 8,693) |
| May 31, 2008 | 24.07% | = | 100 | × | 1,883) | ÷ | 7,825) |
| May 31, 2007 | 21.23% | = | 100 | × | 1,492) | ÷ | 7,025) |
| May 31, 2006 | 22.15% | = | 100 | × | 1,392) | ÷ | 6,285) |
| May 31, 2005 | 21.47% | = | 100 | × | 1,212) | ÷ | 5,644) |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
1 US$ in millions
Comparison to Competitors
Nike Inc., ROE, long-term trends, comparison to competitors
| Nike Inc. | lululemon athletica inc. | |
|---|---|---|
| May 31, 2024 | 39.50% | 36.63% |
| May 31, 2023 | 36.20% | 27.15% |
| May 31, 2022 | 39.57% | 35.60% |
| May 31, 2021 | 44.86% | 23.02% |
| May 31, 2020 | 31.52% | 33.07% |
| May 31, 2019 | 44.57% | 33.46% |
| May 31, 2018 | 19.70% | 16.20% |
| May 31, 2017 | 34.17% | 22.31% |
| May 31, 2016 | 30.67% | 25.89% |
| May 31, 2015 | 25.76% | 21.94% |
| May 31, 2014 | 24.88% | 25.49% |
| May 31, 2013 | 22.28% | 30.49% |
| May 31, 2012 | 21.41% | 30.61% |
| May 31, 2011 | 21.67% | 31.21% |
| May 31, 2010 | 19.55% | 25.00% |
| May 31, 2009 | 17.10% | 25.42% |
| May 31, 2008 | 24.07% | 27.53% |
| May 31, 2007 | 21.23% | — |
| May 31, 2006 | 22.15% | — |
| May 31, 2005 | 21.47% | — |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
Comparison to Sector (Consumer Durables & Apparel)
Nike Inc., ROE, long-term trends, comparison to sector (consumer durables & apparel)
| Nike Inc. | Consumer Durables & Apparel | |
|---|---|---|
| May 31, 2024 | 39.50% | — |
| May 31, 2023 | 36.20% | 34.54% |
| May 31, 2022 | 39.57% | 38.96% |
| May 31, 2021 | 44.86% | 41.21% |
| May 31, 2020 | 31.52% | 31.82% |
| May 31, 2019 | 44.57% | 43.04% |
| May 31, 2018 | 19.70% | 19.21% |
| May 31, 2017 | 34.17% | 33.00% |
| May 31, 2016 | 30.67% | 30.30% |
| May 31, 2015 | 25.76% | 25.46% |
| May 31, 2014 | 24.88% | 24.94% |
| May 31, 2013 | 22.28% | 22.88% |
| May 31, 2012 | 21.41% | 21.92% |
| May 31, 2011 | 21.67% | 22.03% |
| May 31, 2010 | 19.55% | 19.68% |
| May 31, 2009 | 17.10% | 17.25% |
| May 31, 2008 | 24.07% | 24.12% |
| May 31, 2007 | 21.23% | 21.23% |
| May 31, 2006 | 22.15% | 22.15% |
| May 31, 2005 | 21.47% | 21.47% |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
Comparison to Industry (Consumer Discretionary)
Nike Inc., ROE, long-term trends, comparison to industry (consumer discretionary)
| Nike Inc. | Consumer Discretionary | |
|---|---|---|
| May 31, 2024 | 39.50% | — |
| May 31, 2023 | 36.20% | 30.61% |
| May 31, 2022 | 39.57% | 21.65% |
| May 31, 2021 | 44.86% | 34.37% |
| May 31, 2020 | 31.52% | 25.29% |
| May 31, 2019 | 44.57% | 34.62% |
| May 31, 2018 | 19.70% | 34.33% |
| May 31, 2017 | 34.17% | 22.85% |
| May 31, 2016 | 30.67% | 28.74% |
| May 31, 2015 | 25.76% | 29.03% |
| May 31, 2014 | 24.88% | 20.60% |
| May 31, 2013 | 22.28% | 20.34% |
| May 31, 2012 | 21.41% | 21.97% |
| May 31, 2011 | 21.67% | 34.92% |
| May 31, 2010 | 19.55% | 24.34% |
| May 31, 2009 | 17.10% | 25.32% |
| May 31, 2008 | 24.07% | 1.64% |
| May 31, 2007 | 21.23% | 16.06% |
| May 31, 2006 | 22.15% | 3.84% |
| May 31, 2005 | 21.47% | 19.92% |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).