Revenue Performance: NIKE Inc's revenue for Q4 2024 stood at $12.61 billion, representing 1% decrease year-over-year, with noteworthy performance from performance products offset by declines in lifestyle lines. Profitability: Gross profit margin expanded to 44.7% due to strategic pricing and enhanced supply chain efficiency. The net income reached $1.5 billion, demonstrating a remarkable 45.49% increase year-over-year, leading to diluted EPS of $0.99. This reflects a significant comeback amid ongoing challenges.
Cash Flow and Balance Sheet Health: The company reported a robust cash flow from operations amounting to $7.4 billion, up 27% year-over-year, and maintained cash reserves of approximately $9.86 billion at the end of Q4. Inventory levels were effectively managed, declining by 11% year over year, which supported NIKE’s cash flow health. Current ratio stands at 2.40, indicating strong liquidity to cover short-term obligations. Total debt is $11.95 billion against total stockholders’ equity of $14.43 billion, reflecting a healthy debt-to-equity ratio of 0.83.