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Nike (XSGO:NKE) Other Income (Expense) : $273 Mil (TTM As of Aug. 2024)


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What is Nike Other Income (Expense)?

Nike's other income expense for the Nike's pretax income for the three months ended in Aug. 2024 was $55 Mil. Its other income expense for the trailing twelve months (TTM) ended in Aug. 2024 was $273 Mil.

Nike Other Income (Expense) Historical Data

The historical data trend for Nike's Other Income (Expense) 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 Other Income (Expense) Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -139.00 -14.00 181.00 280.00 228.00

Nike Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Other Income (Expense) 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 10.00 75.00 16.00 127.00 55.00

Nike Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $273 Mil.

* 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  (XSGO:NKE) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Nike Business Description

Industry
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Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Website
https://www.nike.com
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 (premium athletic footwear and clothing), 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.