Nike, Inc.

NKE · NYSE · Consumer Brands & Retail · SIC 3021 Rubber & Plastics Footwear

Engine v1.1.0 · live data

Filings through May 31, 2026 · 10-K filed Jul 15, 2026

Price as of Sep 16, 2026 · USD

Valuation method: EV / EBITDA

Revenue (TTM)

$46.4B

EBITDA (TTM, pre-tax proxy)

$5.0B

Free cash flow (TTM)

$2.2B

Cash & short-term investments

$7.6B

Total debt

$7.9B

Market capitalization

$53.0B

Enterprise value

$53.4B

EV / EBITDA

10.7×

Dashboard Evidence Room™Opportunities & Approval Financial Lab™Multiple Intelligence™Enterprise Value Study™ Ultimate One-Pager

Opportunity Detection · MultiStrategy™

4 pathways detected from Nike, Inc.'s own filings

Each pathway fires only when the company's evidence supports it. Scores are deterministic; component scores are shown, the weights stay server-side.

#1NEXTAI Enterprise-Value Optimization·Operational Optimization·5X: Enterprise Value

Margin Recovery Program

EBITDA margin of 10.7% trails the live peer median of 18.4%. Closing part of the 3.0% gap on $46.4B of revenue is a direct EBITDA lever.

Annual economics

$348.0M–$835.2M

SCENARIO

$46.4B revenue × 3.0% margin gap × 25%–60% recovered

Evidence that triggered it

EBITDA margin (TTM)10.7%
Revenue (TTM)$46.4B

Assumptions (challenge these)

Share of margin gap recovered25.0%–60.0%ASSUMPTION
Program cost (share of revenue, one-time)0.5%ASSUMPTION

Score components

Economic impact100
Feasibility68
Time to value55
Capital efficiency100
Strategic fit80
Evidence strength100

Capital required: $232.0M
Time to value: 12 months
Execution complexity: Medium
Regulatory complexity: Low

HUMAN APPROVAL GATE

DRAFT

Activation is locked until this pathway is reviewed and approved.

#2NOWDigital Treasury·Treasury & Capital Strategy·5X: Treasury Value

Treasury Optimization — Excess Liquidity

Nike, Inc. holds $7.6B of cash and short-term investments against an operating reserve of $4.6B (10% of TTM revenue). A tiered treasury policy on the $2.9B above reserve can raise yield without reducing liquidity coverage.

Annual economics

$14.6M–$43.8M

SCENARIO

$2.9B excess cash × 0.5%–1.5% yield uplift

Evidence that triggered it

Cash & short-term investments$7.6B
Cash & equivalents$7.6B
Revenue (TTM)$46.4B

Assumptions (challenge these)

Operating reserve (share of revenue)10.0%ASSUMPTION
Yield uplift on excess cash0.5%–1.5%ASSUMPTION
Yield uplift on already-invested short-term investments0.1%–0.3%ASSUMPTION

Score components

Economic impact42
Feasibility88
Time to value100
Capital efficiency90
Strategic fit55
Evidence strength100

Capital required: None material
Time to value: 3 months
Execution complexity: Low
Regulatory complexity: Low

HUMAN APPROVAL GATE

DRAFT

Activation is locked until this pathway is reviewed and approved.

#3NOWDigital Asset Subscription & Settlement·Payments & Financial Infrastructure·5X: Enterprise Value

Programmable Payments & Settlement

Programmable payments and settlement on $46.4B of revenue can reduce payment cost and open new settlement revenue.

Annual economics

$46.4M–$139.2M

SCENARIO

$46.4B revenue × 0.10%–0.30%

Evidence that triggered it

Revenue (TTM)$46.4B

Assumptions (challenge these)

EBITDA impact (share of revenue)0.1%–0.3%ASSUMPTION

Score components

Economic impact56
Feasibility60
Time to value70
Capital efficiency90
Strategic fit65
Evidence strength100

Capital required: None material
Time to value: 9 months
Execution complexity: Medium
Regulatory complexity: Medium

Blockers & dependencies

Money-transmission, stablecoin and banking-partner requirements vary by jurisdiction.

HUMAN APPROVAL GATE

DRAFT

Activation is locked until this pathway is reviewed and approved.

#4NEXTCapital Formation·Strategic M&A & Partnerships·5X: Enterprise Value

Accretive M&A Capacity

Net leverage is 0.1× EBITDA. Excess cash plus debt capacity to 2.5× EBITDA gives about $7.4B of acquisition capacity — 13.9% of enterprise value. Only synergies are counted; acquired EBITDA bought at a fair price is not value creation.

Annual economics

$23.1M–$92.6M

SCENARIO

$7.4B capacity × 25%–50% deployed ÷ 8× × 10%–20% synergies

Evidence that triggered it

Net debt / EBITDA0.1×
Cash & short-term investments$7.6B
EBITDA (TTM, pre-tax proxy)$5.0B

Assumptions (challenge these)

Capacity deployed25.0%–50.0%ASSUMPTION
Entry multiple (EV/EBITDA)8.0×ASSUMPTION
Synergies (share of acquired EBITDA)10.0%–20.0%ASSUMPTION

Score components

Economic impact50
Feasibility40
Time to value40
Capital efficiency13
Strategic fit55
Evidence strength100

Capital required: $1.9B
Time to value: 15 months
Execution complexity: High
Regulatory complexity: Medium

HUMAN APPROVAL GATE

DRAFT

Activation is locked until this pathway is reviewed and approved.

Token Clear is modeling the enterprise…

First run for a company pulls filings live from SEC EDGAR. Subsequent loads are cached.

1Resolving issuer on SEC EDGAR
2Building Company Graph™ from XBRL filings
3Pulling market data and live peer set
4Detecting opportunities and scoring MultiStrategy™
5Running deterministic scenarios