Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nike's share price for the quarter that ended in Feb. 2024 was $103.93. Nike's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 1,511 Mil. Therefore, Nike's market cap for the quarter that ended in Feb. 2024 was $157,028 Mil.
Nike's quarterly market cap
increased
from Aug. 2023 ($155,006 Mil) to Nov. 2023 ($167,269 Mil) but then
declined
from Nov. 2023 ($167,269 Mil) to Feb. 2024 ($157,028 Mil).
Nike's annual market cap
declined
from May. 2021 ($215,334 Mil) to May. 2022 ($186,713 Mil) and
declined
from May. 2022 ($186,713 Mil) to May. 2023 ($161,258 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nike's Enterprise Value for Today is $140,389 Mil.
Nike Market Cap Historical Data
The historical data trend for Nike's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Nike Annual Data
Trend
May14
May15
May16
May17
May18
May19
May20
May21
May22
May23
Market Cap
120,955.52
153,587.64
215,333.88
186,713.35
161,258.32
Nike Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Market Cap
182,936.60
161,258.32
155,006.04
167,268.56
157,027.84
Competitive Comparison
For the Footwear & Accessories subindustry, Nike's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nike Market Cap Distribution
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Market Cap distribution charts can be found below:
* The bar in red indicates where Nike's Market Cap falls into.
Nike Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Nike's Market Cap for the fiscal year that ended in May. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nike (NYSE:NKE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Nike Market Cap Related Terms
Thank you for viewing the detailed overview of Nike's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
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