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 $4.9B to $4.83B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Nike NKE PP&E (Net)

PP&E (Net) at other companies

V.F. CorporationVFC

$674.51M-6.4%

Wolverine World WideWWW

$77.8M-17.8%

Deckers Outdoor CorporationDECK

$337.78M+3.7%

Columbia Sportswear CompanyCOLM

$273.21M-3.3%

CrocsCROX

$236.87M-3.6%

Under Armour, Inc.UA

——

Segments

By geography

See full

Other$1.39B+6.9%

Other financials

Income statement

See full

Revenue$11.3B+0.1%

Gross profit$4.5B-3.1%

Net income$520.0M-34.5%

EPS (diluted)$0.35-35.2%

Balance sheet

See full

Cash & equivalents$1.7B-80.3%

Total debt$10.2B-6.7%

Total equity$14.1B+0.6%

Total assets$37.1B-1.9%

Cash flow

See full

Operating cash flow$430.0M-76.0%

CapEx$146.0M+80.2%

Free cash flow$284.0M-83.4%

Valuation

See full

Market cap$61.93B-31.4%

Enterprise value$70.42B-29.6%

P/E27.5×-0.5×

P/S1.3×-0.6×

Profitability

See full

Gross margin40.8%-3.0pp

Net margin4.8%-4.6pp

FCF margin2.3%-8.9pp

Returns & leverage

See full

Return on equity16%-15.9pp

Debt / equity0.7×-0.1×

Current ratio2.1×-0.1×

Where this comes from

Reported directly by Nike in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Nike’s 10-Q, filed April 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 $4.9B to $4.83B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.