NIKE INC -CL B (NKE) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:NKE • US6541061031

63.92 USD
+1.22 (+1.95%)
At close: Feb 6, 2026
63.9 USD
-0.02 (-0.03%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to NKE. NKE was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. NKE has an excellent profitability rating, but there are some minor concerns on its financial health. 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

7

1. Profitability

1.1 Basic Checks

  • NKE had positive earnings in the past year.
  • NKE had a positive operating cash flow in the past year.
  • NKE had positive earnings in each of the past 5 years.
  • Each year in the past 5 years NKE had a positive operating cash flow.
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 80.00% of its industry peers.
  • The Return On Equity of NKE (17.92%) is better than 77.78% of its industry peers.
  • NKE has a better Return On Invested Capital (9.77%) than 73.33% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NKE is significantly above the industry average of 11.59%.
  • 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 has a better Profit Margin (5.43%) than 82.22% of its industry peers.
  • NKE's Profit Margin has been stable in the last couple of years.
  • NKE has a Operating Margin (6.54%) which is in line with its industry peers.
  • NKE's Operating Margin has been stable in the last couple of years.
  • NKE has a worse Gross Margin (41.13%) than 62.22% 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. Health

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
  • The number of shares outstanding for NKE has been reduced compared to 5 years ago.
  • 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

  • NKE has a debt to FCF ratio of 3.24. This is a good value and a sign of high solvency as NKE would need 3.24 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.24, NKE is in the better half of the industry, outperforming 71.11% of the companies in the same industry.
  • A Debt/Equity ratio of 0.50 indicates that NKE is not too dependend on debt financing.
  • 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/WACC0.87
WACC11.25%
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.
  • The Current ratio of NKE (2.06) is comparable to the rest of the industry.
  • A Quick Ratio of 1.40 indicates that NKE should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.40, NKE is doing good in the industry, outperforming 71.11% of the companies in the same industry.
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. Growth

3.1 Past

  • NKE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -47.85%.
  • The Earnings Per Share has been growing slightly by 3.37% on average over the past years.
  • The Revenue has decreased by -5.03% in the past year.
  • NKE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.36% yearly.
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

  • NKE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.53% yearly.
  • NKE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.09% yearly.
EPS Next Y-26.19%
EPS Next 2Y4.97%
EPS Next 3Y9.44%
EPS Next 5Y14.53%
Revenue Next Year1.63%
Revenue Next 2Y2.76%
Revenue Next 3Y3.24%
Revenue Next 5Y5.09%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 37.60, the valuation of NKE can be described as expensive.
  • 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.
  • NKE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.92.
  • With a Price/Forward Earnings ratio of 26.86, NKE can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NKE indicates a slightly more expensive valuation: NKE is more expensive than 64.44% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, NKE is valued at the same level.
Industry RankSector Rank
PE 37.6
Fwd PE 26.86
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 the industry average as 73.33% of the companies are valued more cheaply.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as NKE.
Industry RankSector Rank
P/FCF 38.18
EV/EBITDA 23.89
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)11.15
EPS Next 2Y4.97%
EPS Next 3Y9.44%

More info and screens

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

7

5. Dividend

5.1 Amount

  • NKE has a Yearly Dividend Yield of 2.62%. Purely for dividend investing, there may be better candidates out there.
  • NKE's Dividend Yield is rather good when compared to the industry average which is at 1.46. NKE pays more dividend than 82.22% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, NKE pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.62%

5.2 History

  • The dividend of NKE is nicely growing with an annual growth rate of 10.70%!
  • 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 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 2Y4.97%
EPS Next 3Y9.44%
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

NIKE INC -CL B

NYSE:NKE (2/6/2026, 8:04:00 PM)

After market: 63.9 -0.02 (-0.03%)

63.92

+1.22 (+1.95%)

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 Change-2.44%
Ins Owners0.69%
Ins Owner Change4.43%
Market Cap94.49B
Revenue(TTM)46.51B
Net Income(TTM)2.52B
Analysts76.28
Price Target77.6 (21.4%)
Short Float %3.34%
Short Ratio2.12
Dividend
Industry RankSector Rank
Dividend Yield 2.62%
Yearly Dividend1.54
Dividend Growth(5Y)10.7%
DP94.06%
Div Incr Years23
Div Non Decr Years34
Ex-DateN/A
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)-2.65%
PT rev (3m)-8.12%
EPS NQ rev (1m)-2.9%
EPS NQ rev (3m)-37.59%
EPS NY rev (1m)-1.69%
EPS NY rev (3m)-5.06%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)-1.9%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.11%
Valuation
Industry RankSector Rank
PE 37.6
Fwd PE 26.86
P/S 2.03
P/FCF 38.18
P/OCF 30.92
P/B 6.71
P/tB 6.95
EV/EBITDA 23.89
EPS(TTM)1.7
EY2.66%
EPS(NY)2.38
Fwd EY3.72%
FCF(TTM)1.67
FCFY2.62%
OCF(TTM)2.07
OCFY3.23%
SpS31.47
BVpS9.53
TBVpS9.19
PEG (NY)N/A
PEG (5Y)11.15
Graham Number19.09
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
WACC11.25%
ROIC/WACC0.87
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-26.19%
EPS Next 2Y4.97%
EPS Next 3Y9.44%
EPS Next 5Y14.53%
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-0.29%
Revenue growth 5Y4.36%
Sales Q2Q%0.59%
Revenue Next Year1.63%
Revenue Next 2Y2.76%
Revenue Next 3Y3.24%
Revenue Next 5Y5.09%
EBIT growth 1Y-48.04%
EBIT growth 3Y-17.84%
EBIT growth 5Y3.51%
EBIT Next Year1.24%
EBIT Next 3Y16.62%
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 7 / 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 -26.19% 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%.