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

NYSE:NKE • US6541061031

57.01 USD
-1.01 (-1.74%)
At close: Mar 6, 2026
56.9883 USD
-0.02 (-0.04%)
After Hours: 3/6/2026, 8:04:00 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

Taking everything into account, NKE scores 5 out of 10 in our fundamental rating. NKE was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. NKE has an average financial health and profitability rating. NKE is quite expensive at the moment. It does show a decent growth rate. Finally NKE also has an excellent dividend rating. This makes NKE very considerable for dividend investing!


Dividend Valuation Growth Profitability Health

6

1. NKE Profitability Analysis

1.1 Basic Checks

  • In the past year NKE was profitable.
  • In the past year NKE had a positive cash flow from operations.
  • Each year in the past 5 years NKE has been profitable.
  • In the past 5 years NKE always reported a positive cash flow from operatings.
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 Return On Assets of 6.68%. This is in the better half of the industry: NKE outperforms 77.78% of its industry peers.
  • With a decent Return On Equity value of 17.92%, NKE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 9.77%, NKE is doing good in the industry, outperforming 73.33% of the companies in the same industry.
  • NKE had an Average Return On Invested Capital over the past 3 years of 16.64%. This 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

  • NKE's Profit Margin of 5.43% is fine compared to the rest of the industry. NKE outperforms 73.33% of its industry peers.
  • NKE's Profit Margin has been stable in the last couple of years.
  • NKE's Operating Margin of 6.54% is in line compared 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 has a Gross Margin of 41.13%. This is in the lower half of the industry: NKE underperforms 64.44% of its industry peers.
  • NKE's Gross Margin has been stable in the last couple of years.
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

  • NKE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • NKE has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, NKE has less shares outstanding
  • Compared to 1 year ago, NKE has an improved debt to assets ratio.
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.
  • With a decent Debt to FCF ratio value of 3.24, NKE is doing good in the industry, outperforming 71.11% of the companies in the same industry.
  • NKE has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
  • NKE has a worse Debt to Equity ratio (0.50) than 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.24
Altman-Z N/A
ROIC/WACC0.9
WACC10.8%
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

  • NKE has a Current Ratio of 2.06. This indicates that NKE is financially healthy and has no problem in meeting its short term obligations.
  • NKE has a Current ratio (2.06) which is in line with its industry peers.
  • A Quick Ratio of 1.40 indicates that NKE should not have too much problems paying its short term obligations.
  • NKE has a Quick ratio of 1.40. This is in the better half 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%.
  • NKE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.37% yearly.
  • NKE shows a decrease in Revenue. In the last year, the revenue decreased by -5.03%.
  • Measured over the past years, NKE shows a small growth in Revenue. The Revenue has been growing by 4.36% on average per year.
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.
  • NKE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.27% yearly.
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

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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 33.54 indicates a quite expensive valuation of NKE.
  • Based on the Price/Earnings ratio, NKE is valued a bit more expensive than 62.22% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, NKE is valued a bit more expensive.
  • Based on the Price/Forward Earnings ratio of 24.06, the valuation of NKE can be described as rather expensive.
  • Based on the Price/Forward Earnings ratio, NKE is valued a bit more expensive than 62.22% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.57. NKE is around the same levels.
Industry RankSector Rank
PE 33.54
Fwd PE 24.06
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

  • NKE's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. NKE is more expensive than 66.67% of the companies in the same industry.
  • NKE's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 34.1
EV/EBITDA 22.11
NKE Per share dataNKE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • NKE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)9.95
EPS Next 2Y4.73%
EPS Next 3Y9.32%

More info and screens

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 2.83%.
  • NKE's Dividend Yield is rather good when compared to the industry average which is at 1.40. 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 better dividend.
Industry RankSector Rank
Dividend Yield 2.83%

5.2 History

  • On average, the dividend of NKE grows each year by 10.70%, which is quite nice.
  • NKE has paid a dividend for at least 10 years, which is a reliable track record.
  • NKE has not decreased their dividend for at least 10 years, which is a reliable track record.
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

  • NKE pays out 94.06% of its income as dividend. This is not a sustainable payout ratio.
  • NKE's earnings are growing more than its dividend. This makes the dividend growth 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

More info and screens

Find the best dividend stocksShow peers with best dividend

NKE Fundamentals: All Metrics, Ratios and Statistics

NIKE INC -CL B

NYSE:NKE (3/6/2026, 8:04:00 PM)

After market: 56.9883 -0.02 (-0.04%)

57.01

-1.01 (-1.74%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)12-18
Earnings (Next)03-18
Inst Owners83.12%
Inst Owner Change4.74%
Ins Owners0.68%
Ins Owner Change3.05%
Market Cap84.40B
Revenue(TTM)46.51B
Net Income(TTM)2.52B
Analysts75.91
Price Target77.6 (36.12%)
Short Float %3.43%
Short Ratio2.07
Dividend
Industry RankSector Rank
Dividend Yield 2.83%
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 33.54
Fwd PE 24.06
P/S 1.81
P/FCF 34.1
P/OCF 27.62
P/B 5.99
P/tB 6.21
EV/EBITDA 22.11
EPS(TTM)1.7
EY2.98%
EPS(NY)2.37
Fwd EY4.16%
FCF(TTM)1.67
FCFY2.93%
OCF(TTM)2.06
OCFY3.62%
SpS31.42
BVpS9.51
TBVpS9.18
PEG (NY)N/A
PEG (5Y)9.95
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
WACC10.8%
ROIC/WACC0.9
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%.