Table

Nike Free Cash Flow
  F2014 F2015 F2016 F2017 F2018 F2019 Average
Sales 27,799 30,601 32,376 34,350 36,397 39,117 7.1%
Net Income 2,693 3,273 3,760 4,240 1,933 4,029 8.4%
Free Cash Flow (FCF) 2,133 3,717 2,256 2,741 3,927 4,784 17.5%
FCF/Net Income 0.8 1.1 0.6 0.6 2.0 1.2 1.1
FCF Margin 7.7% 12.1% 7.0% 8.0% 10.8% 12.2% 9.6%

Source: S&P Global Market Intelligence; Author's calculations.