NIKE Future Growth

Future criteria checks 1/6

NIKE is forecast to grow earnings and revenue by 3.2% and 2.9% per annum respectively. EPS is expected to grow by 4.8% per annum. Return on equity is forecast to be 42.4% in 3 years.

Key information

3.2%

Earnings growth rate

4.8%

EPS growth rate

Luxury earnings growth	31.7%
Revenue growth rate	2.9%
Future return on equity	42.4%
Analyst coverage	Good
Last updated	19 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BVC:NKE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
5/31/2027	52,671	5,426	5,032	6,335	19
5/31/2026	49,951	4,843	4,487	6,026	37
5/31/2025	47,545	4,130	3,604	4,827	33
8/31/2024	50,012	5,301	7,210	7,889	N/A
5/31/2024	51,362	5,700	6,617	7,429	N/A
2/29/2024	51,581	5,231	6,195	7,063	N/A
11/30/2023	51,542	5,299	6,307	7,234	N/A
8/31/2023	51,469	5,052	4,460	5,418	N/A
5/31/2023	51,217	5,070	4,872	5,841	N/A
2/28/2023	50,626	5,478	3,797	4,739	N/A
11/30/2022	49,107	5,634	1,782	2,678	N/A
8/31/2022	47,149	5,640	3,596	4,434	N/A
5/31/2022	46,710	6,046	4,430	5,188	N/A
2/28/2022	46,820	6,116	5,359	6,049	N/A
11/30/2021	46,306	6,169	6,457	7,170	N/A
8/31/2021	46,192	6,083	6,183	6,886	N/A
5/31/2021	44,538	5,727	5,962	6,657	N/A
2/28/2021	38,507	3,428	3,834	4,644	N/A
11/30/2020	38,254	2,826	3,626	4,534	N/A
8/31/2020	37,337	2,690	1,995	2,973	N/A
5/31/2020	37,403	2,539	1,399	2,485	N/A
2/29/2020	41,274	4,318	3,426	4,496	N/A
11/30/2019	40,781	4,572	3,373	4,384	N/A
8/31/2019	39,829	4,304	3,936	4,996	N/A
5/31/2019	39,117	4,029	4,784	5,903	N/A
2/28/2019	38,722	4,177	5,017	6,163	N/A
11/30/2018	38,095	2,155	4,722	5,882	N/A
8/31/2018	37,275	2,075	4,580	5,681	N/A
5/31/2018	36,397	1,933	N/A	4,955	N/A
2/28/2018	35,285	1,804	N/A	3,647	N/A
11/30/2017	34,733	3,866	N/A	3,974	N/A
8/31/2017	34,359	3,941	N/A	3,633	N/A
5/31/2017	34,350	4,240	N/A	3,846	N/A
2/28/2017	33,917	4,078	N/A	4,068	N/A
11/30/2016	33,517	3,887	N/A	3,830	N/A
8/31/2016	33,023	3,830	N/A	3,393	N/A
5/31/2016	32,376	3,760	N/A	3,399	N/A
2/29/2016	31,911	3,779	N/A	3,254	N/A
11/30/2015	31,339	3,620	N/A	4,169	N/A
8/31/2015	31,033	3,490	N/A	4,488	N/A
5/31/2015	30,601	3,273	N/A	4,680	N/A
2/28/2015	30,247	3,106	N/A	4,666	N/A
11/30/2014	29,759	2,997	N/A	3,612	N/A
8/31/2014	28,810	2,876	N/A	3,078	N/A
5/31/2014	27,799	2,693	N/A	3,013	N/A
2/28/2014	27,071	2,678	N/A	2,961	N/A
11/30/2013	26,286	2,658	N/A	2,671	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NKE's forecast earnings growth (3.2% per year) is below the savings rate (9%).

Earnings vs Market: NKE's earnings (3.2% per year) are forecast to grow slower than the CO market (5.9% per year).

High Growth Earnings: NKE's earnings are forecast to grow, but not significantly.

Revenue vs Market: NKE's revenue (2.9% per year) is forecast to grow slower than the CO market (3.5% per year).

High Growth Revenue: NKE's revenue (2.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NKE's Return on Equity is forecast to be very high in 3 years time (42.4%).