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NKE's Operating Income Growth by Quarter and Year
Nike Inc 's Operating Income results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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| NKE Operating Income (in millions $) |
FY 2024 |
FY 2023 |
FY 2022 |
FY 2021 |
| IV Quarter |
May |
-
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1,221.00
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1,468.00
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1,913.00
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| III Quarter |
February |
-
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1,412.00
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1,629.00
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1,678.00
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| II Quarter |
November |
-
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1,587.00
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1,454.00
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1,580.00
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| I Quarter |
August |
1,604.00
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1,695.00
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2,124.00
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1,766.00
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| FY |
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1,604.00
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5,915.00
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6,675.00
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6,937.00
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| NKE Operating Income first quarter 2024 Y/Y Growth Comment |
Nike Inc reported decrease in Operating Income in the first quarter 2024 by -5.37% to $ 1,604.00 millions, from the same quarter in 2023.
The decrease in the first quarter 2024 Nike Inc 's Operating Income compares unfavorably to the Company's average Operating Income growth of 9.93%.
Looking into first quarter 2024 results within Apparel, Footwear & Accessories industry 9 other companies have achieved higher Operating Income growth. While Nike Inc ' s Operating Income decline of -5.37% ranks overall at the positon no. 1127 in the first quarter 2024.
Explain Operating Income growth
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| NKE Operating Income ( Y/Y Growth %) |
2024
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2023 |
2022 |
2021 |
| IV Quarter |
May |
- |
-16.83 % |
-23.26 % |
- |
| III Quarter |
February |
- |
-13.32 % |
-2.92 % |
41.01 % |
| II Quarter |
November |
- |
9.15 % |
-7.97 % |
29.51 % |
| I Quarter |
August |
-5.37 % |
-20.2 % |
20.27 % |
14.45 % |
| FY |
|
- |
-11.39 % |
-3.78 % |
122.7 % |
NKE Operating Income (Quarter on Quarter Growth %) |
2024
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2023 |
2022 |
2021 |
| IV Quarter |
May |
- |
-13.53 % |
-9.88 % |
14 % |
| III Quarter |
February |
- |
-11.03 % |
12.04 % |
6.2 % |
| II Quarter |
November |
- |
-6.37 % |
-31.54 % |
-10.53 % |
| I Quarter |
August |
31.37 % |
15.46 % |
11.03 % |
- |
| FY (Year on Year) |
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- |
-11.39 % |
-3.78 % |
122.7 % |
| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 235.32 % |
9.93 % |
-69.74 % |
| (Feb. 26, 2010) |
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(Feb. 26, 2009) |
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| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 235.32 % |
9.93 % |
-69.74 % |
| (Feb. 26, 2010) |
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(Feb. 26, 2009) |
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| Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024 |
Nike Inc 's Q/Q Operating Income Growth
| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 132.96 % |
4.79 % |
-61.23 % |
| (May 31, 2009) |
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| NKE's I. Quarter Q/Q Operating Income Comment |
Nike Inc achieved in the I. Quarter 2024 above company average sequential Operating Income jump of 31.37%, to $ 1,604.00 millions, from $1,221.00 millions in the fourth quarter.
Nike Inc is impressively improving, with claiming higher then regular gain, but also increasing rate.
Within Apparel, Footwear & Accessories industry Nike Inc achieved highest sequential Operating Income growth. While Nike Inc 's Operating Income growth quarter on quarter, overall rank is 6. |
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| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 132.96 % |
4.79 % |
-61.23 % |
| (May 31, 2009) |
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| NKE's I. Quarter Q/Q Operating Income Comment |
Nike Inc achieved in the I. Quarter 2024 above company average sequential Operating Income jump of 31.37%, to $ 1,604.00 millions, from $1,221.00 millions in the fourth quarter.
Apparel, Footwear & Accessories company is going from strength to strength, with reporting higher then regular gain, and also increasing rate.
Within Apparel, Footwear & Accessories industry Nike Inc achieved highest sequential Operating Income growth. While Nike Inc 's Operating Income growth quarter on quarter, overall rank is 6. |
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Nike Inc 's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending
(Aug 31 2023) |
12 Months Ending
(May 31 2023) |
12 Months Ending
(Feb 28 2023) |
12 Months Ending
(Nov 30 2022) |
12 Months Ending
(Aug 31 2022) |
| Cumulative Operating Income 12 Months Ending |
$ 5,824.00 |
$ 5,915.00 |
$ 6,162.00 |
$ 6,379.00 |
$ 6,246.00 |
| Y / Y Operating Income Growth (TTM) |
-6.76 % |
-11.39 % |
-13.46 % |
-11.02 % |
-14.38 % |
| Year on Year Operating Income Growth Overall
Ranking |
# 26 |
# 1316 |
# 7 |
# 193 |
# 1401 |
| Seqeuential Operating Income Change (TTM) |
-1.54 % |
-4.01 % |
-3.4 % |
2.13 % |
-6.43 % |
| Seq. Operating Income Growth (TTM) Overall
Ranking |
# 57 |
# 1372 |
# 37 |
# 1069 |
# 1669 |
| Cumulative Operating Income growth
Comment |
Nike Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in May 31 2023. If the fiscal year would end in Aug 31 2023, Nike Inc 's annual Operating Income decline would be -6.76% year on year to $5,824 millions.
Looking into Consumer Discretionary sector trailing twelve month Operating Income increase, only one company had higher growth. While Total ranking has impoved so far to 26, from total ranking in previous quarter at 1316. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
122.7 % |
10.77 % |
-34.72 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
122.7 % |
10.77 % |
-34.72 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 1 |
| Sector |
# 2 |
| S&P 500 |
# 57 |
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| Cumulative Operating Income growth
Comment |
Nike Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in May 31 2023. If the fiscal year would end in Aug 31 2023, Nike Inc 's annual Operating Income drop would be -6.76% year on year to $5,824 millions.
Looking into Consumer Discretionary sector trailing twelve month Operating Income increase, only one company had higher growth. While Total ranking has impoved so far to 26, from total ranking in previous quarter at 1316. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
122.7 % |
10.77 % |
-34.72 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
122.7 % |
10.77 % |
-34.72 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 1 |
| Sector |
# 2 |
| S&P 500 |
# 57 |
| Companies with similar Operating Income drop for the quarter ending Aug 31 2023 within Consumer Discretionary Sector | Y/Y Change % | Operating Income for the quarter ending Aug 31 2023 | | Nike Inc |  -5.37% | $ -5.369 millions | | Eaco Corp | -7.51% | $ -7.512 millions | | Acuity Brands Inc | -26.67% | $ -26.671 millions | | Chase Corporation | -29.44% | $ -29.444 millions | | Surge Components Inc | -84.67% | $ -84.673 millions |
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