Blue Ribbons Sports, aka Nike Inc. was founded in 1964 and was rebranded as Nike in 1971. The company has grown into the world’s leading athletic and sportswear footwear company. Nike has built a powerful global brand with relentless innovation, strategic athlete endorsements, and a diversified product portfolio that includes footwear, apparel, equipment, and accessories. Nike net worth is $88.25 billion with the share price at $59.79.
The company is committed to enhancing shareholder value, boasting 23 straight years of rising dividend payouts. It maintains a robust emphasis on product innovation and brand momentum, driven by impactful sports partnerships and compelling storytelling.
Nike Net Worth, Share Price, Revenue
Over the years Nike has showcased its power to adapt to changing consumer trends and using digital transformation, all the while maintaining itself at the forefront of the industry. Net worth of Nike (market capitalization) is approximately $88.25 billion. According to Stock Analysis, Nike’s share price is $59.79.
Nike’s annual income is around $51.36 billion, with the most recent 12-month revenue (ending February 2025) at $47.82 billion. This reflects a 7.3% year-over-year decline.
The company recently faced a decrease in market cap by over 38% in a year, but still remains dominant in the global athletic market.
| Founder/CEO | Founder: Bill Bowerman & Phil Knight CEO: Elliott Hill (since Oct 2024) |
| Net Worth | $88.25 billion (market capitalization, June 2025) |
| Valuation | $88.25 billion (market cap) |
| Revenue | $47.82 billion (TTM) $51.36 billion (FY24) |
| Stock price | $59.79 |
About Nike
In 1964, Bill Bowerman, University of Oregon track coach, and his former athlete Phil Knight founded Blue Ribbons Sports (BRS) in Europe, Oregon. Initially, it was a distributor for Japanese shoemaker Onitsuka Tiger and company’s early years were based on grassroots sales.
From the car trunk, Knight sold shoes at track meets and in its first year, BRS sold 1,300 pairs of shoes, earning $8,000.
Then in 1971, BRS ended its partnership with Onitsuka Tiger and rebranded itself as Nike, Inc. It also introduced the “swoosh” logo which was designed by Carolyn Davidson for $35 only. Dedicated towards making a separate identity in the market, Bowerman created the famous “waffle” sole (by pouring rubber into the waffle iron).
Through 1970s and 1980s, Nike’s growth was fueled by savvy marketing, strategic athlete endorsements, and technological innovations. This included the signing of Michael Jordan in 1984, that led to the launch of Air Jordan line.
In 1980, the company went public, and entered the international markets like Australia and Canada with a wide range of shoe models. With the launch of Just Do It campaign in 1988, Nike’s brand image, identity, and global appeal was cemented.
Throughout 2000s, the company diversified by acquiring brands like Converse and Hurley but continued to innovate with digital products like Nike+ SportBand. Today, the company is one of the leading sportswear and athletic footwear brand in the world.
Nike Net Worth and Valuation
According to Macrotrends, net worth of Nike is $88.25 billion, making it one of the world’s most recognized and valuable consumer brands. Despite recent fluctuations and previous year’s decline, Nike has maintained its position as the global leader in the industry, consistently ranking among the top 250 companies worldwide by market cap. Net worth of Nike in rupees is ₹7.64 lakh crore.
Nike Revenue
According to WALLSTREETZEN, Nike’s revenue is reported at $47.82 billion, reflecting a 7.3% year-over-year decline from the previous period.
For the FY24, Nike’s annual revenue was recorded at $51.36 billion, representing a slight increase from $51.22 billion in 2023.
| NKE Yearly Revenue | NKE Revenue | NKE Change | NKE Revenue Growth |
| 2024-05-31 | $51.36B | $145.00M | +0.28% |
| 2023-05-31 | $51.22B | $4.51B | +9.65% |
| 2022-05-31 | $46.71B | $2.17B | +4.88% |
| 2021-05-31 | $44.54B | $7.14B | +19.08% |
| 2020-05-31 | $37.40B | -$1.71B | -4.38% |
| 2019-05-31 | $39.12B | $2.72B | +7.47% |
| 2018-05-31 | $36.40B | $2.05B | +5.96% |
| 2017-05-31 | $34.35B | $1.97B | +6.10% |
| 2016-05-31 | $32.38B | $1.78B | +5.80% |
| 2015-05-31 | $30.60B | $2.80B | +10.08% |
| 2014-05-31 | $27.80B | $2.49B | +9.82% |
Nike Share Price and Market Share
| Share Price | $59.79 (closing, June 20, 2025) |
| Market Cap | $88.25 billion (June 2025) |
| Market Share | In the U.S. athletic footwear market, Nike’s share typically exceeds 35%, far outpacing competitors such as Adidas and Skechers. |
According to CEO Today Magazine, the co-founder of Nike, Phil Knight’s net worth including his family’s net worth is estimated at $33.8 billion. It makes them among the wealthiest individual globally. Phil is the largest shareholder and effective owner of the company.
At the time of his death, Bill Bowerman’s net worth was around $400 million, according to Celebrity Net Worth. After him, the Knight family maintains a strong influence over the company and owns more than 97% Class A shares. Despite the fact that Nike is a publicly traded company, the shares gives the Knight family a strong control over majority of board seats and voting rights.
Investments and Acquisitions
With a long history of strategic investments and acquisitions to strengthen company’s position, the most notable ones were as follows:
- Converse purchased in 2003 for $305 million. This deal allowed Nike to expand into casual and lifestyle footwear market.
- Umbro’s acquisition in 2008. It was a UK-based football brand. Later, Nike sold Umbro in 2012 as part of a portfolio refocus.
- In 2002, with the acquisition of Hurley International the company entered the surf and youth lifestyle market, but sold the brand in 2019 to streamline its core business.
Recently, Nike’s investments are heavily focused on digital transformation and direct-to-consumer capabilities. With investments in digital platforms and technology-driven startups, the company is enhancing its e-commerce, consumer engagement, and data analytics. This also includes the launch of the Nike+ ecosystem, wearables, and mobile apps.
Additionally, the company is investing in innovation, supply chain improvements, and sustainability.
