NIKE, Inc. (NKE) FCF Payout Ratio: 230.95%
Is NIKE, Inc.’s FCF payout ratio high or low?
NIKE, Inc.'s FCF payout ratio of 230.95% is 337% above its 5-year average of 52.86%, near the high end of its 5-year range (27.47%–103.79%).
The FCF payout ratio for NIKE, Inc. (NKE) is 230.95%. It is above its 12-month average by 347.76% (51.58%).
NKE FCF Payout Ratio Chart
NKE Average FCF Payout Ratio Chart
NKE Current vs Average FCF Payout Ratio Chart
NKE FCF Payout Ratio Metrics
FCF PAYOUT RATIO
230.95%
FCF PAYOUT RATIO AVG TTM
51.58%
FCF PAYOUT RATIO AVG 3Y
46.48%
FCF PAYOUT RATIO AVG 5Y
52.86%
FCF PAYOUT RATIO AVG 10Y
45.26%
FCF PAYOUT RATIO AVG 15Y
41.91%
FCF PAYOUT RATIO AVG 20Y
37.93%
CURRENT VS TTM AVG
+347.76%
CURRENT VS 3Y AVG
+396.87%
CURRENT VS 5Y AVG
+336.87%
CURRENT VS 10Y AVG
+410.24%
CURRENT VS 15Y AVG
+451.07%
CURRENT VS 20Y AVG
+508.87%
Payout Ratio Comparison
FCF Payout Ratio
230.9%
Earnings Payout Ratio
75.1%
Dividend Yield
3.65%
FCF Yield
1.59%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.27B | $2.30B | 70.4% |
| 2024 | $6.62B | $2.17B | 32.8% |
| 2023 | $4.87B | $2.01B | 41.3% |
| 2022 | $4.43B | $1.84B | 41.5% |
| 2021 | $5.96B | $1.64B | 27.5% |
| 2020 | $1.40B | $1.45B | 103.8% |
| 2019 | $4.78B | $1.33B | 27.8% |
| 2018 | $3.93B | $1.24B | 31.7% |
| 2017 | $2.54B | $1.13B | 44.7% |
| 2016 | $1.95B | $1.02B | 52.3% |
| 2015 | $3.72B | $899.00M | 24.2% |
| 2014 | $2.12B | $799.00M | 37.6% |
| 2013 | $2.39B | $703.00M | 29.4% |
| 2012 | $1.30B | $619.00M | 47.5% |
| 2011 | $1.38B | $555.00M | 40.2% |
| 2010 | $2.83B | $505.40M | 17.9% |
| 2009 | $1.28B | $466.70M | 36.4% |
| 2008 | $1.49B | $412.90M | 27.8% |
| 2007 | $1.57B | $343.70M | 22.0% |
| 2006 | $1.33B | $290.90M | 21.8% |
| 2005 | $1.31B | $236.70M | 18.0% |
| 2004 | $1.30B | $179.20M | 13.8% |
| 2003 | $731.50M | $137.80M | 18.8% |
| 2002 | $798.70M | $128.90M | 16.1% |
| 2001 | $338.90M | $129.70M | 38.3% |
| 2000 | $340.00M | $133.10M | 39.1% |
| 1999 | $576.90M | $136.20M | 23.6% |
| 1998 | $11.60M | $127.30M | 1097.4% |
| 1997 | ($142.80M) | $100.90M | N/A (Loss) |
| 1996 | $113.60M | $78.80M | 69.4% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
NIKE, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NIKE, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for NIKE, Inc. (NKE)?
- The FCF payout ratio for NKE stock is 230.95%.
- Is NIKE, Inc.'s FCF payout ratio high or low?
- NIKE, Inc.'s FCF payout ratio of 230.95% is 337% above its 5-year average of 52.86%, near the high end of its 5-year range (27.47%–103.79%).
- What is the TTM average FCF payout ratio for NIKE, Inc. (NKE)?
- The TTM average FCF payout ratio for NKE stock is 51.58%.
- What is the 3Y average FCF payout ratio for NIKE, Inc. (NKE)?
- The 3Y average FCF payout ratio for NKE stock is 46.48%.
- What is the 5Y average FCF payout ratio for NIKE, Inc. (NKE)?
- The 5Y average FCF payout ratio for NKE stock is 52.86%.
- What is the 10Y average FCF payout ratio for NIKE, Inc. (NKE)?
- The 10Y average FCF payout ratio for NKE stock is 45.26%.
- What is the 15Y average FCF payout ratio for NIKE, Inc. (NKE)?
- The 15Y average FCF payout ratio for NKE stock is 41.91%.
- What is the 20Y average FCF payout ratio for NIKE, Inc. (NKE)?
- The 20Y average FCF payout ratio for NKE stock is 37.93%.
NIKE, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-05-31 | 70.38% |
| 2024-05-31 | 32.78% |
| 2023-05-31 | 41.30% |
| 2022-05-31 | 41.47% |
| 2021-05-31 | 27.47% |
| 2020-05-31 | 103.79% |
| 2019-05-31 | 27.84% |
| 2018-05-31 | 31.65% |
| 2017-05-31 | 44.69% |
| 2016-05-31 | 52.33% |
| 2015-05-31 | 24.19% |
| 2014-05-31 | 37.64% |
| 2013-05-31 | 29.40% |
| 2012-05-31 | 47.54% |
| 2011-05-31 | 40.22% |
| 2010-05-31 | 17.86% |
| 2009-05-31 | 36.45% |
| 2008-05-31 | 27.77% |
| 2007-05-31 | 21.96% |
| 2006-05-31 | 21.80% |
| 2005-05-31 | 18.02% |
| 2004-05-31 | 13.78% |
| 2003-05-31 | 18.84% |
| 2002-05-31 | 16.14% |
| 2001-05-31 | 38.27% |
| 2000-05-31 | 39.15% |
| 1999-05-31 | 23.61% |
| 1998-05-31 | 1097.41% |
| 1996-05-31 | 69.37% |
About NIKE, Inc.
NIKE, Inc., through its various subsidiaries, operates as a global enterprise focused on the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories for all ages and genders. Beyond its primary offerings, the company provides a range of athletic and casual footwear, clothing, and accessories under the notable Jumpman trademark. It also distributes a variety of casual sneakers, apparel, and accessories, featuring well-known brands like Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell. Under the NIKE brand itself, the company supplies a comprehensive line of performance sports gear and accessories, such as bags, socks, sports balls, eyewear, timepieces, digital devices, bats, gloves, and protective equipment. Additionally, NIKE sells various plastic products to other manufacturers. The company also markets sportswear adorned with licensed logos from college and professional sports teams and leagues. Furthermore, it engages in licensing arrangements, allowing unaffiliated parties to manufacture and sell apparel, digital devices, applications, and other sports equipment under NIKE-owned trademarks. Its extensive product catalog reaches consumers globally through diverse channels, including specialized footwear, sporting goods, athletic specialty, department, skate, tennis, and golf stores. Distribution occurs via NIKE's proprietary retail outlets, digital e-commerce platforms, independent distributors, authorized licensees, and sales representatives. Founded in 1964, the company was originally named Blue Ribbon Sports, Inc., before officially becoming NIKE, Inc. in 1971, and maintains its corporate headquarters in Beaverton, Oregon.
- Sector
- Consumer Cyclical
- Industry
- Apparel - Footwear & Accessories
- CEO
- Elliott J. Hill