PP&E (Net)
Nike PP&E (Net) decreased by 1.6% to $4.77B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $4.72B to $4.77B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows relatively stable performance with a -0.4% CAGR.
Analysis
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
property_plant_equipment_netHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.90B | $4.87B | $4.81B | $4.81B | $4.79B | $4.78B | $4.85B | $4.94B | $5.08B | $5.11B | $5.15B | $5.08B | $5.00B | $4.95B | $4.86B | $4.72B | $4.83B | $4.86B | $4.84B | $4.77B |
| QoQ Change | — | -0.7% | -1.2% | -0.1% | -0.3% | -0.3% | +1.6% | +1.8% | +2.9% | +0.6% | +0.9% | -1.4% | -1.6% | -1.0% | -1.8% | -2.9% | +2.4% | +0.7% | -0.4% | -1.6% |
| YoY Change | — | — | — | — | -2.3% | -1.9% | +0.9% | +2.8% | +6.1% | +6.9% | +6.2% | +2.9% | -1.6% | -3.2% | -5.7% | -7.2% | -3.4% | -1.8% | -0.3% | +1.0% |
Business Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| NIKE Brand | $3.21B | $3.28B | $3.35B | $3.27B | $3.22B | $3.19B | $3.13B | $3.02B |
| Converse | $38.00M | $36.00M | $33.00M | $30.00M | $27.00M | $23.00M | $20.00M | $17.00M |
| Total | $5.08B | $5.11B | $5.15B | $5.08B | $5.00B | $4.95B | $4.86B | $4.72B |
Converse, NIKE Brand were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Nike's pp&e (net)?
- Nike (NKE) reported pp&e (net) of $4.77B in Q4 2025.
- How has Nike's pp&e (net) changed year-over-year?
- Nike's pp&e (net) increased by 1.0% year-over-year, from $4.72B to $4.77B.
- What is the long-term trend for Nike's pp&e (net)?
- Over 4 years (2021 to 2025), Nike's pp&e (net) has grown at a -0.4% compound annual growth rate (CAGR), from $4.90B to $4.83B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.