Nike (NKE) Depreciation and Depletion (2009 - 2025)
Nike (NKE) posted Depreciation and Depletion of $198 million for fiscal Q3 2025 (quarter ended Feb 28, 2025), down 4.3% from $207 million a year earlier but up 4.2% from the prior quarter.
Nike (NKE) Depreciation and Depletion (2009 - 2025) Analysis & Trends
For the trailing twelve months through Feb 28, 2025, Depreciation and Depletion at Nike was $783 million, up 0.9% year-over-year; for FY2024 (ended May 31, 2024), it was $796 million, up 13.2% from FY2023.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 2.5% (FY2019 to FY2024).
- In prior fiscal years, Nike's Depreciation and Depletion was $703 million in FY2023 (-2.0%), $717 million in FY2022 (-3.6%), $744 million in FY2021 (+3.2%) and $721 million in FY2020 (+2.3%).
- Quarterly Depreciation and Depletion has run from a low of $169 million in fiscal Q1 2023 to a high of $208 million in fiscal Q4 2020 over five years.
- On a year-over-year basis, Depreciation and Depletion has declined in each of the last three quarters, with growth averaging 6.4% over the last eight quarters.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was fiscal Q3 2024, with growth of 19.0%; the weakest was fiscal Q4 2022, with a decline of 10.9%.
- According to Business Quant data, Depreciation and Depletion for the three prior fiscal quarters was $190 million (Q2 2025), $188 million (Q1 2025) and $207 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 50.34 Bn | 16.54 Bn | 4.80 Bn | - |
| 2 | Tapestry | 23.66 Bn | 19.62 Bn | 1.56 Bn | - |
| 3 | Ralph Lauren | 21.85 Bn | 13.95 Bn | 1.44 Bn | 56.50 Mn |
| 4 | Deckers Outdoor | 11.26 Bn | 4.14 Bn | - | - |
| 5 | Lululemon Athletica | 10.07 Bn | 4.32 Bn | 1.46 Bn | - |
| 6 | Levi Strauss | 7.67 Bn | 4.32 Bn | 979.10 Mn | - |
| 7 | Gildan Activewear | 6.27 Bn | 5.26 Bn | 459.76 Mn | - |
| 8 | Birkenstock Holding | 6.13 Bn | 4.43 Bn | 493.89 Mn | - |
| 9 | Crocs | 5.68 Bn | 5.09 Bn | 700.71 Mn | - |
| 10 | V F | 5.64 Bn | 2.26 Bn | 917.04 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2025 | 198.00 Mn |
| Nov 30, 2024 | 190.00 Mn |
| Aug 31, 2024 | 188.00 Mn |
| May 31, 2024 | 207.00 Mn |
| Feb 29, 2024 | 207.00 Mn |
| Nov 30, 2023 | 191.00 Mn |
| Aug 31, 2023 | 191.00 Mn |
| May 31, 2023 | 187.00 Mn |
| Feb 28, 2023 | 174.00 Mn |
| Nov 30, 2022 | 173.00 Mn |
| Aug 31, 2022 | 169.00 Mn |
| May 31, 2022 | 179.00 Mn |
| Feb 28, 2022 | 180.00 Mn |
| Nov 30, 2021 | 181.00 Mn |
| Aug 31, 2021 | 177.00 Mn |
| May 31, 2021 | 201.00 Mn |
| Feb 28, 2021 | 182.00 Mn |
| Nov 30, 2020 | 185.00 Mn |
| Aug 31, 2020 | 176.00 Mn |
| May 31, 2020 | 208.00 Mn |
Nike Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();