NIKE has retired 34.2% of its shares since 1999, from 2,257,782,200 to 1,485,308,829.
At $37.13 a share, a market value of $55.1B. FCF yield 3.8%, P/E 17.8, trailing twelve months to August 2026.
Early years use the fiscal-year average share count from the 10-K.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 1999-07-23 | 2,257,782,200 | 10-K | cover page |
| 2000 | 2000-07-24 | 2,158,060,136 | 10-K405 | cover page |
| 2001 | 2001-07-25 | 2,153,923,152 | 10-K | cover page |
| 2002 | 2002-07-25 | 2,134,868,392 | 10-K | cover page |
| 2003 | 2003-07-25 | 2,109,864,736 | 10-K | cover page |
| 2004 | 2004-07-26 | 2,106,919,768 | 10-K | cover page |
| 2005 | 2005-07-25 | 2,093,227,312 | 10-K | cover page |
| 2006 | 2006-07-25 | 2,043,185,608 | 10-K | cover page |
| 2007 | 2007-07-25 | 2,008,434,792 | 10-K | cover page |
| 2008 | 2008-07-25 | 1,961,649,524 | 10-K | cover page |
| 2009 | 2009-07-24 | 1,943,722,596 | 10-K | cover page |
| 2010 | 2010-07-16 | 1,932,077,812 | 10-K | cover page |
| 2011 | 2011-05-31 | 1,902,200,000 | 10-K | fiscal-year average |
| 2012 | 2012-07-19 | 1,823,480,880 | 10-K | |
| 2013 | 2013-07-19 | 1,780,704,932 | 10-K | |
| 2014 | 2014-07-18 | 1,736,594,992 | 10-K | |
| 2015 | 2015-07-17 | 1,710,703,178 | 10-K | |
| 2016 | 2016-05-31 | 1,697,900,000 | 10-K | fiscal-year average |
| 2017 | 2017-05-31 | 1,657,800,000 | 10-K | fiscal-year average |
| 2018 | 2018-05-31 | 1,623,800,000 | 10-K | fiscal-year average |
| 2019 | 2019-05-31 | 1,579,700,000 | 10-K | fiscal-year average |
| 2020 | 2020-05-31 | 1,558,800,000 | 10-K | fiscal-year average |
| 2021 | 2021-05-31 | 1,573,000,000 | 10-K | fiscal-year average |
| 2022 | 2022-05-31 | 1,578,800,000 | 10-K | fiscal-year average |
| 2023 | 2023-05-31 | 1,551,600,000 | 10-K | fiscal-year average |
| 2024 | 2024-05-31 | 1,517,600,000 | 10-K | fiscal-year average |
| 2025 | 2025-05-31 | 1,484,900,000 | 10-K | fiscal-year average |
| 2026 | 2026-05-31 | 1,479,800,000 | 10-K | fiscal-year average |
Source: all 10-K filings of NIKE on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
The story
Every Monday we write about one of these companies.
Read the full storyCash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $37.13.
Loading the chart from TradingView…
All-time chart by TradingView. Open it on TradingView →
Net of every new share it issued, NIKE has 772.5 million fewer shares than at its 1999 peak. That is 34.2% of the company.
1,485,308,829 shares, as of September 28, 2026, from the cover page of its latest 10-Q. At the 1999 peak it had 2,257,782,200.
Each share is a bigger slice of the company. Someone who held NIKE stock in 1999 owns 1.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
NIKE ranks No. 226 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Nucor (34.3%), Progressive (34.2%), Dover (34.2%), Reliance (34.2%).
Every answer is computed from NIKE's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
Free. Your email goes to Substack, which runs the newsletter. Privacy