Nike (NKE) Construction In Progress: $0 Mil (As of Feb. 2026)


NKE Nike Inc NKE
68 GF Score
Price $40.75
GF Value $74.89
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nike Construction In Progress?

Nike NKE -0.37% 68 Construction In Progress is $0 Mil as of Feb. 2026. GuruFocus rates NKE with a GF Score™ of 68/100 and a GF Value™ of $74.89 (Possible Value Trap). The stock has 4 warning signs investors should review.

Nike's annual construction in progress declined from May. 2023 ($525 Mil) to May. 2024 ($193 Mil) but then increased from May. 2024 ($193 Mil) to May. 2025 ($404 Mil).

Nike Construction In Progress Historical Data

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The historical data trend for Nike's Construction In Progress 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.

Nike Construction In Progress Chart

Nike Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 311.00 399.00 525.00 193.00 404.00

Nike Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 404.00 0.00 0.00 0.00
NKE
68GF Score
Nike Inc NKE
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nike Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0 Mil mean?
Nike (NKE) has a Construction In Progress of $0 Mil as of Feb. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nike and its competitors.
Is Nike's Construction In Progress too high?
Nike's current Construction In Progress is $0 Mil. Overall, Nike has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nike's Construction In Progress compare to DECK and ONON?
Nike's Construction In Progress of $0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Nike and its competitors. Nike's current Construction In Progress is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (NKE) is currently considered Possible Value Trap. The stock's GF Value™ is $74.89, compared to a current price of $40.75 — trading 45.6% below its estimated fair value. The current Construction In Progress is $0 Mil. Nike's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Nike (NKE), the current Construction In Progress is $0 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nike (NKE) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of $40.75 is trading 45.6% below its estimated GF Value™ of $74.89. GuruFocus considers Nike to be Possible Value Trap.

Key valuation signals for NKE:

  • Construction In Progress: $0 Mil
  • GF Value™: $74.89 vs. price of $40.75 (45.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the NKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), 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.
68GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.75
Price
$74.89
GF Value