Nike — Earning Quality

EARNING QUALITY

TICKER: [US.NKE - Nike]
PERIOD: [2010-ANNUAL ~ 2026-ANNUAL]


[+] Accruals Ratio: -2.4% (OCF > NI, excellent cash generation)
[+] Cash Conversion: 120% (> 80% = strong, < 50% = weak)
[+] FCF Conversion: 96% (> 80% = excellent quality)


Metric               Value
--------------------------
Avg Accruals Ratio   -2.4%
Avg Cash Conversion   120%
Avg FCF Conversion     96%
Cash Conv Stability  35.3%


Period       Net Income    OCF    FCF  Accruals  Cash Conv  FCF Conv
--------------------------------------------------------------------
2010 ANNUAL       1.91B  3.16B  2.83B     -8.7%     165.9%    148.3%
2011 ANNUAL       2.13B  1.81B  1.38B      2.1%      85.0%     64.7%
2012 ANNUAL       2.21B  1.82B  1.26B      2.5%      82.5%     57.0%
2013 ANNUAL       2.47B  3.03B  2.43B     -3.2%     122.7%     98.5%
2014 ANNUAL       2.69B  3.01B  2.13B     -1.7%     111.9%     79.2%
2015 ANNUAL       3.27B  4.68B  3.72B     -6.5%     143.0%    113.6%
2016 ANNUAL       3.76B  3.40B  2.26B      1.7%      90.4%     60.0%
2017 ANNUAL       4.24B  3.85B  2.74B      1.7%      90.7%     64.6%
2018 ANNUAL       1.93B  4.96B  3.93B    -13.4%     256.3%    203.2%
2019 ANNUAL       4.03B  5.90B  4.78B     -7.9%     146.5%    118.7%
2020 ANNUAL       2.54B  2.48B  1.40B      0.2%      97.9%     55.1%
2021 ANNUAL       5.73B  6.66B  5.96B     -2.5%     116.2%    104.1%
2022 ANNUAL       6.05B  5.19B  4.43B      2.1%      85.8%     73.3%
2023 ANNUAL       5.07B  5.84B  4.87B     -2.1%     115.2%     96.1%
2024 ANNUAL       5.70B  7.43B  6.62B     -4.5%     130.3%    116.1%
2025 ANNUAL       3.22B  3.70B  3.27B     -1.3%     114.9%    101.5%
2026 ANNUAL       3.11B  2.87B  2.18B      0.6%      92.3%     70.3%