NIKE, Inc. (LON:0QZ6)

NIKE, Inc. Cash Flow Statement

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Net Income	-	5,700	5,070	6,046	5,727
Depreciation & Amortization	-	844	859	840	797
Stock-Based Compensation	-	804	755	638	611
Other Operating Activities	-	-635	-330	-676	-523
Change in Accounts Receivable	-	-329	489	-504	-1,606
Change in Inventory	-	908	-133	-1,676	507
Change in Accounts Payable	-	397	-225	1,365	1,326
Change in Other Net Operating Assets	-	-260	-644	-845	-182
Operating Cash Flow	-	7,429	5,841	5,188	6,657
Operating Cash Flow Growth	-	27.19%	12.59%	-22.07%	167.89%
Capital Expenditures	-	-812	-969	-758	-695
Investment in Securities	-	1,721	1,481	-747	-3,276
Other Investing Activities	-	-15	52	-19	171
Investing Cash Flow	-	894	564	-1,524	-3,800
Short-Term Debt Issued	-	-	-	15	-
Total Debt Issued	-	-	-	15	-
Short-Term Debt Repaid	-	-	-4	-	-52
Long-Term Debt Repaid	-	-	-500	-	-197
Total Debt Repaid	-	-	-504	-	-249
Net Debt Issued (Repaid)	-	-	-504	15	-249
Issuance of Common Stock	-	667	651	1,151	1,172
Repurchase of Common Stock	-	-4,250	-5,480	-4,014	-608
Dividends Paid	-	-2,169	-2,012	-1,837	-1,638
Other Financing Activities	-	-136	-102	-151	-136
Financing Cash Flow	-	-5,888	-7,447	-4,836	-1,459
Foreign Exchange Rate Adjustments	-	-16	-91	-143	143
Net Cash Flow	-	2,419	-1,133	-1,315	1,541
Free Cash Flow	-	6,617	4,872	4,430	5,962
Free Cash Flow Growth	-	35.82%	9.98%	-25.70%	326.16%
Free Cash Flow Margin	-	12.88%	9.51%	9.48%	13.39%
Free Cash Flow Per Share	-	4.33	3.10	2.75	3.70
Cash Interest Paid	-	381	347	290	293
Cash Income Tax Paid	-	1,299	1,517	1,231	1,177
Levered Free Cash Flow	-	5,901	3,874	2,899	5,618
Unlevered Free Cash Flow	-	6,069	4,056	3,086	5,803
Change in Net Working Capital	-538	-1,012	286	1,806	-571

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.