Company: NIKE, Inc.
Ticker: NKE
Form: 10-K
Filed: 2025-07-17
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was NIKE, Inc.'s operating cash flow margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetCashProvidedByUsedInOperatingActivities
RevenueFromContractWithCustomerExcludingAssessedTax
Answer (Numeric): 7.99
Answer (Display): 7.99%
Unit: percent

Evidence:
[{"chunk_id": "160", "equivalent_chunk_ids": ["160"], "section": "CONSOLIDATED STATEMENTS OF CASH FLOWS", "supports": ["numerator", "denominator"], "text": "YEAR ENDED MAY 31,\n(Dollars in millions)\nCash provided (used) by operations:\nNet income\n3,219\n5,700\n5,070\nAdjustments to reconcile net income to net cash provided (used) by operations:\nDepreciation and amortization\nDeferred income taxes\nStock-based compensation\nImpairment and other\nNet foreign currency adjustments\nChanges in certain working capital components and other assets and liabilities:\n(Increase) decrease in accounts receivable\n(Increase) decrease in inventories\n(Increase) decrease in prepaid expenses, operating lease right-of-use assets and other current and non-current assets\nIncrease (decrease) in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities\nCash provided (used) by operations\n3,698\n7,429\n5,841\nCash provided (used) by investing activities:\nPurchases of short-term investments\n3,234\n4,767\n6,059\nMaturities of short-term investments\n2,269\n3,356\nSales of short-term investments\n3,062\n4,219\n4,184\nAdditions to property, plant and equipment\nOther investing activities\nCash provided (used) by investing activities\nCash provided (used) by financing activities:\nIncrease (decrease) in notes payable, net\nRepayment of borrowings\n1,000\nProceeds from exercise of stock options and other stock issuances\nRepurchase of common stock\n2,985\n4,250\n5,480\nDividends — common and preferred\n2,300\n2,169\n2,012\nOther financing activities\nCash provided (used) by financing activities\n5,820\n5,888\n7,447\nEffect of exchange rate changes on cash and equivalents\nNet increase (decrease) in cash and equivalents\n2,396\n2,419\n1,133\nCash and equivalents, beginning of year\n9,860\n7,441\n8,574\nCASH AND EQUIVALENTS, END OF YEAR\n7,464\n9,860\n7,441\nSupplemental disclosure of cash flow information:\nCash paid during the year for:\nInterest, net of capitalized interest\nIncome taxes\n1,226\n1,299\n1,517\nNon-cash additions to property, plant and equipment\nDividends declared and not paid\nThe accompanying Notes to the Consolidated Financial Statements are an integral part of this statement.\n2025 FORM 10-K\nNIKE, INC."}]

Derivation: {"denominator": "revenue", "denominator_value": 46309.0, "format": "percentage", "numerator": "operating_cash_flow", "numerator_value": 3698.0, "op": "divide"}