Buyback yield (TTM)
0.38%
Shareholder yield (TTM)
2.97%
5Y share count change
-6.5%
Buyback spend (TTM)
$345.00M
Cumulative buybacks
$53.31B
Key takeaways
- NIKE (NKE) repurchased about $345.00M of stock over the trailing twelve months.
- Diluted share count is down 6.5% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 0.48× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at -0.5% per year over the latest 5-year window.
Dividend & buyback yield over time for NIKE (NKE)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for NIKE (NKE)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for NIKE (NKE)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for NIKE (NKE)
Latest: $2.98B
Overview
NIKE (NKE) most recent annual buyback spend stands at $2.98B (2025) – declined 29.8% year-over-year.
Through 2020–2025 (5 years), NIKE buyback spend delivered a -0.5% annualised rate; with a net decline across the window.
Between 2023 and 2025, NIKE buyback spend plunged 45.5%, falling from $5.48B to $2.98B.
$5.48B stands as the all-time-high annual buyback spend, posted in 2023, against a low of $0.00 during 1989.
NIKE Buyback Spend 2025: $2.98B
NIKE posted buyback spend of $2.98B in 2025, declined 29.8% below 2024.
NIKE Buyback Spend 2024: $4.25B
In 2024, NIKE reported buyback spend of $4.25B, declined 22.4% below 2023.
NIKE Buyback Spend 2023: $5.48B
NIKE buyback spend in 2023 was $5.48B, surged 36.5% from 2022. This figure represents the highest annual value in the available history.
NIKE Buyback Spend 2022: $4.01B
2022's buyback spend for NIKE came in at $4.01B, surged 560.2% from 2021.
NIKE Buyback Spend 2021: $608.00M
NIKE buyback spend in 2021 was $608.00M.
See more financial history for NIKE (NKE).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $2.98B | $709.00M | $2.28B | 3.34% | 1.49B | -2.8% | |
| 2024 | $4.25B | $804.00M | $3.45B | 2.95% | 1.53B | -2.6% | |
| 2023 | $5.48B | $755.00M | $4.72B | 3.39% | 1.57B | -2.5% | |
| 2022 | $4.01B | $638.00M | $3.38B | 2.15% | 1.61B | +0.1% | |
| 2021 | $608.00M | $611.00M | −$3.00M | 0.29% | 1.61B | +1.1% | |
| 2020 | $3.07B | $429.00M | $2.64B | 1.98% | 1.59B | -1.7% | |
| 2019 | $4.29B | $325.00M | $3.96B | 3.54% | 1.62B | -2.5% | |
| 2018 | $4.25B | $218.00M | $4.04B | 3.69% | 1.66B | -1.9% | |
| 2017 | $3.22B | $215.00M | $3.01B | 3.69% | 1.69B | -2.9% | |
| 2016 | $3.24B | $236.00M | $3.00B | 3.49% | 1.74B | -1.5% | |
| 2015 | $2.53B | $191.00M | $2.34B | 2.90% | 1.77B | -2.4% | |
| 2014 | $2.63B | $177.00M | $2.45B | 3.91% | 1.81B | -1.2% | |
| 2013 | $1.67B | $174.00M | $1.50B | 3.04% | 1.83B | -2.5% | |
| 2012 | $1.81B | $130.00M | $1.68B | 3.66% | 1.88B | -3.3% | |
| 2011 | $1.86B | $105.00M | $1.75B | 4.73% | 1.94B | -1.7% | |
| 2010 | $741.20M | $159.00M | $582.20M | 2.17% | 1.98B | +0.7% | |
| 2009 | $649.20M | $170.60M | $478.60M | 2.26% | 1.96B | -2.7% | |
| 2008 | $1.25B | $141.00M | $1.11B | 3.75% | 2.02B | -1.0% | |
| 2007 | $985.20M | $0.00 | $985.20M | 3.47% | 2.04B | -3.5% | |
| 2006 | $761.10M | $0.00 | $761.10M | 3.74% | 2.11B | -2.5% | |
| 2005 | $556.20M | $0.00 | $556.20M | 2.60% | 2.16B | +0.4% | |
| 2004 | $419.80M | $0.00 | $419.80M | 2.25% | 2.16B | +0.7% | |
| 2003 | $196.30M | $0.00 | $196.30M | 1.33% | 2.14B | -1.7% | |
| 2002 | $226.90M | $0.00 | $226.90M | 1.59% | 2.18B | -0.3% | |
| 2001 | $157.00M | $0.00 | $157.00M | 1.42% | 2.18B | -2.4% | |
| 2000 | $646.30M | $0.00 | $646.30M | — | 2.24B | -2.7% | |
| 1999 | $299.80M | $0.00 | $299.80M | — | 2.30B | -2.9% | |
| 1998 | $202.30M | $0.00 | $202.30M | — | 2.37B | -0.3% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 2.38B | +1.2% | |
| 1996 | $18.80M | $0.00 | $18.80M | — | 2.35B | — | |
| 1995 | $142.90M | $0.00 | $142.90M | — | — | — | |
| 1994 | $140.10M | $0.00 | $140.10M | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$2.98B
- 2024$4.25B
- 2023$5.48B
- 2022$4.01B
- 2021$608.00M
- 2020$3.07B
- 2019$4.29B
- 2018$4.25B
- 2017$3.22B
- 2016$3.24B
- 2015$2.53B
- 2014$2.63B
- 2013$1.67B
- 2012$1.81B
- 2011$1.86B
- 2010$741.20M
- 2009$649.20M
- 2008$1.25B
- 2007$985.20M
- 2006$761.10M
- 2005$556.20M
- 2004$419.80M
- 2003$196.30M
- 2002$226.90M
- 2001$157.00M
- 2000$646.30M
- 1999$299.80M
- 1998$202.30M
- 1997$0.00
- 1996$18.80M
- 1995$142.90M
- 1994$140.10M
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
- 1989$0.00
Buybacks vs stock-based compensation for NIKE (NKE)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.48×.
Buybacks vs dividends (share of cash returned) for NIKE (NKE)
How NIKE splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as NIKE, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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