NIKE INC -CL B (NKE) Fundamental Analysis & Valuation

NYSE:NKE • US6541061031

58.02 USD
-0.62 (-1.06%)
At close: Mar 5, 2026
58.0396 USD
+0.02 (+0.03%)
After Hours: 3/5/2026, 8:11:11 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This NKE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

NKE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 45 industry peers in the Textiles, Apparel & Luxury Goods industry. NKE has only an average score on both its financial health and profitability. While showing a medium growth rate, NKE is valued expensive at the moment. NKE also has an excellent dividend rating. These ratings could make NKE a good candidate for dividend investing.


Dividend Valuation Growth Profitability Health

6

1. NKE Profitability Analysis

1.1 Basic Checks

  • In the past year NKE was profitable.
  • NKE had a positive operating cash flow in the past year.
  • NKE had positive earnings in each of the past 5 years.
  • NKE had a positive operating cash flow in each of the past 5 years.
NKE Yearly Net Income VS EBIT VS OCF VS FCFNKE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

  • NKE has a better Return On Assets (6.68%) than 77.78% of its industry peers.
  • NKE has a better Return On Equity (17.92%) than 80.00% of its industry peers.
  • NKE has a Return On Invested Capital of 9.77%. This is in the better half of the industry: NKE outperforms 73.33% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NKE is above the industry average of 11.70%.
  • The last Return On Invested Capital (9.77%) for NKE is well below the 3 year average (16.64%), which needs to be investigated, but indicates that NKE had better years and this may not be a problem.
Industry RankSector Rank
ROA 6.68%
ROE 17.92%
ROIC 9.77%
ROA(3y)12.42%
ROA(5y)13.49%
ROE(3y)33.36%
ROE(5y)36.9%
ROIC(3y)16.64%
ROIC(5y)18.07%
NKE Yearly ROA, ROE, ROICNKE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • The Profit Margin of NKE (5.43%) is better than 73.33% of its industry peers.
  • NKE's Profit Margin has been stable in the last couple of years.
  • NKE has a Operating Margin of 6.54%. This is comparable to the rest of the industry: NKE outperforms 57.78% of its industry peers.
  • In the last couple of years the Operating Margin of NKE has remained more or less at the same level.
  • NKE's Gross Margin of 41.13% is on the low side compared to the rest of the industry. NKE is outperformed by 64.44% of its industry peers.
  • In the last couple of years the Gross Margin of NKE has remained more or less at the same level.
Industry RankSector Rank
OM 6.54%
PM (TTM) 5.43%
GM 41.13%
OM growth 3Y-17.6%
OM growth 5Y-0.82%
PM growth 3Y-18.72%
PM growth 5Y0.48%
GM growth 3Y-2.41%
GM growth 5Y-0.32%
NKE Yearly Profit, Operating, Gross MarginsNKE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. NKE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NKE is still creating some value.
  • Compared to 1 year ago, NKE has less shares outstanding
  • NKE has less shares outstanding than it did 5 years ago.
  • NKE has a better debt/assets ratio than last year.
NKE Yearly Shares OutstandingNKE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
NKE Yearly Total Debt VS Total AssetsNKE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • The Debt to FCF ratio of NKE is 3.24, which is a good value as it means it would take NKE, 3.24 years of fcf income to pay off all of its debts.
  • NKE's Debt to FCF ratio of 3.24 is fine compared to the rest of the industry. NKE outperforms 71.11% of its industry peers.
  • NKE has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.50, NKE is doing worse than 60.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.24
Altman-Z N/A
ROIC/WACC0.91
WACC10.77%
NKE Yearly LT Debt VS Equity VS FCFNKE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 2.06 indicates that NKE has no problem at all paying its short term obligations.
  • With a Current ratio value of 2.06, NKE perfoms like the industry average, outperforming 51.11% of the companies in the same industry.
  • NKE has a Quick Ratio of 1.40. This is a normal value and indicates that NKE is financially healthy and should not expect problems in meeting its short term obligations.
  • NKE's Quick ratio of 1.40 is fine compared to the rest of the industry. NKE outperforms 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 2.06
Quick Ratio 1.4
NKE Yearly Current Assets VS Current LiabilitesNKE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. NKE Growth Analysis

3.1 Past

  • NKE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -47.85%.
  • Measured over the past 5 years, NKE shows a small growth in Earnings Per Share. The EPS has been growing by 3.37% on average per year.
  • NKE shows a decrease in Revenue. In the last year, the revenue decreased by -5.03%.
  • The Revenue has been growing slightly by 4.36% on average over the past years.
EPS 1Y (TTM)-47.85%
EPS 3Y-16.87%
EPS 5Y3.37%
EPS Q2Q%-32.05%
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-0.29%
Revenue growth 5Y4.36%
Sales Q2Q%0.59%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.37% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 4.27% on average over the next years.
EPS Next Y-26.35%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
EPS Next 5Y18.37%
Revenue Next Year1.61%
Revenue Next 2Y2.75%
Revenue Next 3Y3.28%
Revenue Next 5Y4.27%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
NKE Yearly Revenue VS EstimatesNKE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B
NKE Yearly EPS VS EstimatesNKE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

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Find the best growth stocksShow best growing peers

1

4. NKE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 34.13 indicates a quite expensive valuation of NKE.
  • Based on the Price/Earnings ratio, NKE is valued a bit more expensive than the industry average as 62.22% of the companies are valued more cheaply.
  • The average S&P500 Price/Earnings ratio is at 26.74. NKE is valued slightly more expensive when compared to this.
  • With a Price/Forward Earnings ratio of 24.49, NKE is valued on the expensive side.
  • 62.22% of the companies in the same industry are cheaper than NKE, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.82, NKE is valued at the same level.
Industry RankSector Rank
PE 34.13
Fwd PE 24.49
NKE Price Earnings VS Forward Price EarningsNKE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NKE is valued a bit more expensive than 68.89% of the companies in the same industry.
  • NKE's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 34.7
EV/EBITDA 22.35
NKE Per share dataNKE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The decent profitability rating of NKE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)10.12
EPS Next 2Y4.73%
EPS Next 3Y9.32%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. NKE Dividend Analysis

5.1 Amount

  • NKE has a Yearly Dividend Yield of 2.56%.
  • NKE's Dividend Yield is rather good when compared to the industry average which is at 1.37. NKE pays more dividend than 84.44% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, NKE pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.56%

5.2 History

  • On average, the dividend of NKE grows each year by 10.70%, which is quite nice.
  • NKE has been paying a dividend for at least 10 years, so it has a reliable track record.
  • NKE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.7%
Div Incr Years23
Div Non Decr Years34
NKE Yearly Dividends per shareNKE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 94.06% of the earnings are spent on dividend by NKE. This is not a sustainable payout ratio.
  • The dividend of NKE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP94.06%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
NKE Yearly Income VS Free CF VS DividendNKE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
NKE Dividend Payout.NKE Dividend Payout, showing the Payout Ratio.NKE Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

NKE Fundamentals: All Metrics, Ratios and Statistics

NIKE INC -CL B

NYSE:NKE (3/5/2026, 8:11:11 PM)

After market: 58.0396 +0.02 (+0.03%)

58.02

-0.62 (-1.06%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)12-18
Earnings (Next)03-18
Inst Owners83.45%
Inst Owner Change4.74%
Ins Owners0.69%
Ins Owner Change3.05%
Market Cap85.89B
Revenue(TTM)46.51B
Net Income(TTM)2.52B
Analysts75.91
Price Target77.6 (33.75%)
Short Float %3.43%
Short Ratio2.07
Dividend
Industry RankSector Rank
Dividend Yield 2.56%
Yearly Dividend1.54
Dividend Growth(5Y)10.7%
DP94.06%
Div Incr Years23
Div Non Decr Years34
Ex-Date03-02
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.62%
Min EPS beat(2)39.21%
Max EPS beat(2)78.04%
EPS beat(4)4
Avg EPS beat(4)52.07%
Min EPS beat(4)7.49%
Max EPS beat(4)83.55%
EPS beat(8)8
Avg EPS beat(8)35.87%
EPS beat(12)11
Avg EPS beat(12)31.06%
EPS beat(16)15
Avg EPS beat(16)27.2%
Revenue beat(2)2
Avg Revenue beat(2)3.1%
Min Revenue beat(2)0.69%
Max Revenue beat(2)5.51%
Revenue beat(4)4
Avg Revenue beat(4)2.51%
Min Revenue beat(4)0.69%
Max Revenue beat(4)5.51%
Revenue beat(8)6
Avg Revenue beat(8)0.85%
Revenue beat(12)8
Avg Revenue beat(12)1%
Revenue beat(16)12
Avg Revenue beat(16)1.33%
PT rev (1m)-0.71%
PT rev (3m)-8.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-37.7%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-5.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.93%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.13%
Valuation
Industry RankSector Rank
PE 34.13
Fwd PE 24.49
P/S 1.85
P/FCF 34.7
P/OCF 28.11
P/B 6.1
P/tB 6.32
EV/EBITDA 22.35
EPS(TTM)1.7
EY2.93%
EPS(NY)2.37
Fwd EY4.08%
FCF(TTM)1.67
FCFY2.88%
OCF(TTM)2.06
OCFY3.56%
SpS31.42
BVpS9.51
TBVpS9.18
PEG (NY)N/A
PEG (5Y)10.12
Graham Number19.08
Profitability
Industry RankSector Rank
ROA 6.68%
ROE 17.92%
ROCE 11.63%
ROIC 9.77%
ROICexc 14.35%
ROICexgc 14.76%
OM 6.54%
PM (TTM) 5.43%
GM 41.13%
FCFM 5.32%
ROA(3y)12.42%
ROA(5y)13.49%
ROE(3y)33.36%
ROE(5y)36.9%
ROIC(3y)16.64%
ROIC(5y)18.07%
ROICexc(3y)27.29%
ROICexc(5y)31.4%
ROICexgc(3y)28.17%
ROICexgc(5y)32.46%
ROCE(3y)19.82%
ROCE(5y)21.52%
ROICexgc growth 3Y-18.4%
ROICexgc growth 5Y0.36%
ROICexc growth 3Y-18.27%
ROICexc growth 5Y0.46%
OM growth 3Y-17.6%
OM growth 5Y-0.82%
PM growth 3Y-18.72%
PM growth 5Y0.48%
GM growth 3Y-2.41%
GM growth 5Y-0.32%
F-Score5
Asset Turnover1.23
Health
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.24
Debt/EBITDA 1.84
Cap/Depr 75.85%
Cap/Sales 1.25%
Interest Coverage 250
Cash Conversion 80.25%
Profit Quality 98.06%
Current Ratio 2.06
Quick Ratio 1.4
Altman-Z N/A
F-Score5
WACC10.77%
ROIC/WACC0.91
Cap/Depr(3y)88.17%
Cap/Depr(5y)88.39%
Cap/Sales(3y)1.47%
Cap/Sales(5y)1.52%
Profit Quality(3y)104.57%
Profit Quality(5y)98.22%
High Growth Momentum
Growth
EPS 1Y (TTM)-47.85%
EPS 3Y-16.87%
EPS 5Y3.37%
EPS Q2Q%-32.05%
EPS Next Y-26.35%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
EPS Next 5Y18.37%
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-0.29%
Revenue growth 5Y4.36%
Sales Q2Q%0.59%
Revenue Next Year1.61%
Revenue Next 2Y2.75%
Revenue Next 3Y3.28%
Revenue Next 5Y4.27%
EBIT growth 1Y-48.04%
EBIT growth 3Y-17.84%
EBIT growth 5Y3.51%
EBIT Next Year0.88%
EBIT Next 3Y16.48%
EBIT Next 5Y20.93%
FCF growth 1Y-60.76%
FCF growth 3Y-9.64%
FCF growth 5Y18.49%
OCF growth 1Y-57.75%
OCF growth 3Y-10.67%
OCF growth 5Y8.27%

NIKE INC -CL B / NKE FAQ

What is the fundamental rating for NKE stock?

ChartMill assigns a fundamental rating of 5 / 10 to NKE.


Can you provide the valuation status for NIKE INC -CL B?

ChartMill assigns a valuation rating of 1 / 10 to NIKE INC -CL B (NKE). This can be considered as Overvalued.


How profitable is NIKE INC -CL B (NKE) stock?

NIKE INC -CL B (NKE) has a profitability rating of 6 / 10.


What is the expected EPS growth for NIKE INC -CL B (NKE) stock?

The Earnings per Share (EPS) of NIKE INC -CL B (NKE) is expected to decline by -26.35% in the next year.


How sustainable is the dividend of NIKE INC -CL B (NKE) stock?

The dividend rating of NIKE INC -CL B (NKE) is 7 / 10 and the dividend payout ratio is 94.06%.