Tearsheet
Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. NKE Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Nike (NKE)

Market Price (9/18/2025): $72.56 | Market Cap: $107.2 Bil
Sector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

Nike (NKE)

Market Price (9/18/2025): $72.56
Market Cap: $107.2 Bil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights

0 Attractive cash flow generation
CFO LTM is 3.7 Bil, FCF LTM is 3.3 Bil		 Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -93%		 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 29x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 29x
1 Low stock price volatility
Vol 12M is 39%		  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.0%, Rev Chg QQuarterly Revenue Change % is -12%
0 Attractive cash flow generation
CFO LTM is 3.7 Bil, FCF LTM is 3.3 Bil
1 Low stock price volatility
Vol 12M is 39%
2 Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -93%
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 29x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 29x
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.0%, Rev Chg QQuarterly Revenue Change % is -12%

Market Valuation

 9/18/25202420232022
Share Price CYE$72.56$74.41$104.95$111.67
Market Cap CYE ($ Bil)107.2110.6159.6174.1
Total Debt ($ Bil)11.011.012.012.1
Total Cash ($ Bil)9.29.211.610.7
Enterprise Value ($ Bil)109.0121.6171.6186.2
Valuation Ratios    
P/S TTM2.32.43.23.5
P/EBIT TTM28.930.426.130.7
P/E TTM33.334.928.935.8
Sector Ratios    
P/S TTM (Sector)0.80.80.90.8
P/EBIT TTM (Sector)7.26.97.05.5
P/E TTM (Sector)9.58.18.97.3
 9/18/252024
Share Price CYE$72.56$74.41
Market Cap CYE ($ Bil)107.2110.6
Total Debt ($ Bil)11.011.0
Total Cash ($ Bil)9.29.2
Enterprise Value ($ Bil)109.0121.6
Valuation Ratios  
P/S TTM2.32.4
P/EBIT TTM28.930.4
P/E TTM33.334.9
Sector Ratios  
P/S TTM (Sector)0.80.8
P/EBIT TTM (Sector)7.26.9
P/E TTM (Sector)9.58.1

Market Cap Chart

Business Description

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
NKE Return41%19%-29%-6%-29%-3%-22%
Peers Return16%20%-12%28%20%8%102%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: SKX, NKE, LULU, TPR, RL.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Interactive Breakdown

Nike Interactive Breakdown Analysis

Better Bets than Nike (NKE)

 NKEBetter Performance than NKE
MetricValueIndustry (Apparel, Accessories & Luxury )
Rev Chg LTM-9.8%TPR (5.1%), LULU (9.2%), RL (9.6%), LEVI (5.6%), GIL (3.1%)
Rev Chg 3Y Avg0.0%TPR (1.6%), LULU (15.8%), RL (4.8%), LEVI (0.5%), GIL (1.9%)
Op Mgn LTM8.0%TPR (18.1%), LULU (22.9%), RL (14.6%), LEVI (10.8%), GIL (19.5%)
CFO/Rev LTM8.0%TPR (17.4%), LULU (17.5%), RL (15.6%), LEVI (9.3%), GIL (11.8%)
FCF/Rev LTM7.1%TPR (15.6%), LULU (10.7%), RL (10.5%), GIL (7.8%), KTB (11.3%)
Total Yield3.0%LULU (9.1%), RL (5.3%), LEVI (6.2%), GIL (6.6%), KTB (6.2%)
 NKEBetter Performance than NKE
MetricValueAll Other Sectors
Rev Chg LTM-9.8%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), META (19.4%)
Rev Chg 3Y Avg0.0%NVDA (92.0%), MSFT (12.5%), AAPL (1.8%), GOOGL (10.2%), META (13.0%)
Op Mgn LTM8.0%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM8.0%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM7.1%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield3.0%MSFT (3.3%), AAPL (3.2%), GOOGL (4.1%), META (3.7%), BRK-B (5.9%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Nike Earnings Notes  
2NKE Capital Return Hits $44 Bil in 10 Years  
3Better Bet Than NKE Stock: Pay Less Than Nike To Get More From LULU, TPR Actionable 
4Now Is Not The Time To Buy Nike StockBuy or Fear 
5Nike vs Alphabet: Which Is A Better Investment?Counter-Intuitive Comparisons 
6Nike vs McDonald's: Which Is A Better Investment?Counter-Intuitive Comparisons 
7Nike vs Tapestry: Which Is A Better Investment?Counter-Intuitive Comparisons 
8How Does NKE Stack Up Against Its Peers?Peer Comparison 
9Better Bet Than NKE Stock: Pay Less Than Nike To Get More From BKNG, TJX   
10Better Bet Than NKE Stock: Pay Less Than Nike To Get More From LULU, TPR   
11ARTICLES  
12A Decade of Rewards: NKE Returns $44 Bil to Investors September 9th, 2025
13Better Bet Than Nike Stock: Pay Less To Get More From TPR, LULU September 9th, 2025
14Better Bet Than Nike Stock: Pay Less To Get More From TPR, LULU August 29th, 2025
15Now is not the time to buy Nike stock August 19th, 2025
16Better Bet Than Nike Stock: Pay Less To Get More From TPR, LULU August 7th, 2025
Title
0DASHBOARDS
1A Decade of Rewards: NKE Returns $44 Bil to Investors
2Better Bet Than Nike Stock: Pay Less To Get More From TPR, LULU
3Better Bet Than Nike Stock: Pay Less To Get More From TPR, LULU
4Now is not the time to buy Nike stock
5Better Bet Than Nike Stock: Pay Less To Get More From TPR, LULU
6ARTICLES
7Nike Earnings Notes
8NKE Capital Return Hits $44 Bil in 10 Years
9Better Bet Than NKE Stock: Pay Less Than Nike To Get More From LULU, TPR 
10Now Is Not The Time To Buy Nike Stock
11Nike vs Alphabet: Which Is A Better Investment?
12Nike vs McDonald's: Which Is A Better Investment?
13Nike vs Tapestry: Which Is A Better Investment?
14How Does NKE Stack Up Against Its Peers?
15Better Bet Than NKE Stock: Pay Less Than Nike To Get More From BKNG, TJX 
16Better Bet Than NKE Stock: Pay Less Than Nike To Get More From LULU, TPR 

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical11931.7%11931.7%
2GIBOGIBO10714.0% 
3LNZALanzaTech Global8455.2%-86.3%
4GTIGraphjet Technology3998.4%-93.1%
5GWAVGreenwave Technology Solutions3582.8%-91.4%
6QMMMQMMM3409.6%8153.1%
7ECDAECD Automotive Design2715.2%307.9%
8OESXOrion Energy Systems1373.7%14.2%
9OPOceanPal1266.5%-95.6%
10BCTXBriaCell Therapeutics1032.4%-89.8%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-94.5%-96.0%
2STFSStar Fashion Culture-92.3%-97.9%
3ELPWElong Power-91.1%-76.9%
4NXTTNext Technology-90.1%-95.4%
5EPIXESSA Pharma-89.4%-8.9%
6NAKAKindly MD-88.1% 
7BINIBollinger Innovations-87.6%-100.0%
8JEM707 Cayman-87.4%-98.2%
9YAASYouxin Technology-83.3%-98.4%
10NEONNeonode-82.5%-51.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Nike

Financials

NKESKXLULUTPRRLMedian
NameNike Skechers.Lululemo.Tapestry Ralph La. 
Mkt Price72.31-163.48109.88306.12136.68
Mkt Cap106.89.519.622.918.719.6
Rev LTM46,3099,41210,9047,0117,2869,412
Op Inc LTM3,7028372,4951,2701,0671,270
FCF LTM3,268631,1681,0947641,094
FCF 3Y Avg4,9193951,2791,0117001,011
CFO LTM3,6986411,9121,2171,1341,217
CFO 3Y Avg5,6568171,9641,1499491,149

Growth & Margins

NKESKXLULUTPRRLMedian
NameNike Skechers.Lululemo.Tapestry Ralph La. 
Rev Chg LTM-9.8%12.1%9.2%5.1%9.6%9.2%
Rev Chg 3Y Avg0.0%10.9%15.8%1.6%4.8%4.8%
Rev Chg Q-12.0%13.1%6.5%8.3%13.7%8.3%
QoQ Delta Rev Chg LTM-3.2%3.1%1.4%1.9%2.9%1.9%
Op Mgn LTM8.0%8.9%22.9%18.1%14.6%14.6%
Op Mgn 3Y Avg10.6%9.2%22.7%17.6%13.1%13.1%
QoQ Delta Op Mgn LTM-2.3%-0.6%-0.5%0.2%0.7%-0.5%
CFO/Rev LTM8.0%6.8%17.5%17.4%15.6%15.6%
CFO/Rev 3Y Avg11.3%9.7%19.8%16.9%13.9%13.9%
FCF/Rev LTM7.1%0.7%10.7%15.6%10.5%10.5%
FCF/Rev 3Y Avg9.8%4.8%12.9%14.9%10.3%10.3%

Valuation

NKESKXLULUTPRRLMedian
NameNike Skechers.Lululemo.Tapestry Ralph La. 
Mkt Cap106.89.519.622.918.719.6
P/S2.31.01.83.32.62.3
P/EBIT28.811.37.876.117.717.7
P/E33.214.210.9125.223.523.5
P/CFO28.914.810.218.816.516.5
Total Yield3.0%7.0%9.1%2.1%5.3%5.3%
Dividend Yield0.0%0.0%0.0%1.3%1.1%0.0%
FCF Yield 3Y Avg3.9%4.1%3.6%8.6%6.0%4.1%
D/E0.10.20.10.20.20.2
Net D/E0.00.10.00.10.10.1

Returns

NKESKXLULUTPRRLMedian
NameNike Skechers.Lululemo.Tapestry Ralph La. 
1M Rtn-6.1%--19.7%10.4%5.7%-0.2%
3M Rtn22.1%--28.5%30.9%14.7%18.4%
6M Rtn0.2%--50.4%50.7%37.3%18.8%
12M Rtn-8.3%--39.1%158.5%68.6%30.2%
3Y Rtn-27.0%--50.9%267.8%249.0%111.0%
1M Excs Rtn-8.5%--22.1%8.1%3.3%-2.6%
3M Excs Rtn10.8%--40.8%22.9%5.4%8.1%
6M Excs Rtn-17.7%--67.0%38.5%22.7%2.5%
12M Excs Rtn-23.8%--56.0%144.3%56.6%16.4%
3Y Excs Rtn-92.9%--114.2%168.5%168.4%37.7%

Comparison Analyses

Financials

$ Mil | FY: 5/312025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1
Period End5/31/20252/28/202511/30/20248/31/20245/31/20242/29/202411/30/20238/31/20235/31/20232/28/202311/30/20228/31/2022
Filing Date7/17/20254/3/20251/3/202510/7/20247/25/20244/4/20241/5/202410/6/20237/20/20234/6/20231/5/202310/6/2022
Key Financials Quarterly            
Total Revenue11,09711,26912,35411,58912,60612,42913,38812,93912,82512,39013,31512,687
Ebitda5181,0301,5691,3931,7501,6062,0091,7901,4571,5561,9061,855
Operating Income3217881,3841,2091,5461,3361,8251,6041,2211,4121,5871,695
Net Income2117941,1631,0511,5001,1721,5781,4501,0311,2401,3311,468
EPS0.140.540.780.700.990.771.040.950.670.800.850.94
Key Financials TTM            
Total Revenue TTM46,30947,81848,97850,01251,36251,58151,54251,46951,21750,62649,10747,149
Ebitda TTM4,5105,7426,3186,7587,1556,8626,8126,7096,7747,0817,3377,078
Operating Income TTM3,7024,9275,4755,9166,3115,9866,0625,8245,9156,1626,3796,246
Net Income TTM3,2194,5084,8865,3015,7005,2315,2995,0525,0705,4785,6345,640
Growth Rates Quarterly            
Total Revenue Growth-12.0%-9.3%-7.7%-10.4%-1.7%0.3%0.5%2.0%4.8%14.0%17.2%3.6%
EBITDA Growth-70.4%-35.9%-21.9%-22.2%20.1%3.2%5.4%-3.5%-17.4%-14.1%15.7%-19.1%
Operating Income Growth-79.2%-41.0%-24.2%-24.6%26.6%-5.4%15.0%-5.4%-16.8%-13.3%9.1%-20.2%
Net Income Growth-85.9%-32.3%-26.3%-27.5%45.5%-5.5%18.6%-1.2%-28.4%-11.2%-0.4%-21.7%
Margins Quarterly            
EBITDA Margin4.7%9.1%12.7%12.0%13.9%12.9%15.0%13.8%11.4%12.6%14.3%14.6%
Operating Income Margin2.9%7.0%11.2%10.4%12.3%10.7%13.6%12.4%9.5%11.4%11.9%13.4%
Net Income Margin1.9%7.0%9.4%9.1%11.9%9.4%11.8%11.2%8.0%10.0%10.0%11.6%
Cash & Debt            
Total Cash9,15110,3939,76110,29411,58210,5739,9278,79010,67510,80210,62111,876
Total Debt11,01811,91112,06512,12611,95212,10112,17712,17712,14412,56612,52512,591
Net Debt / (Cash)1,8671,5182,3041,8323701,5282,2503,3871,4691,7641,904715
Cash Flows Quarterly            
FCF from Operations4631,7921,0493942,6192,0592,817-662,2532,2301,001357
Cash Flows TTM            
FCF from Operations TTM3,6985,8546,1217,8897,4297,0637,2345,4185,8414,7392,6784,434
Returns to Shareholders Quarterly            
Dividends591594557558560562523524524528480480
Share Repurchases1995061,0961,1841,0368831,1981,1331,3791,5511,567983
Return on Invested Capital (ROIC) Quarterly            
ROIC5.4%18.9%27.9%25.3%38.8%30.2%39.3%35.0%28.6%33.5%35.8%41.9%
Return on Invested Capital (ROIC) TTM            
ROIC TTM19.4%26.7%28.1%32.1%38.8%34.1%33.5%30.3%34.3%37.7%38.5%42.5%

Price Behavior

NKE Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta0.731.151.691.150.941.05
Up Beta1.320.991.251.070.991.13
Down Beta-0.01-0.071.320.990.941.06
Up Capture84%159%245%135%69%63%
Bmk +ve Days10223571142415
Stock +ve Days8183056113366
Down Capture49%172%158%132%99%103%
Bmk -ve Days11192754106334
Stock -ve Days13233269134380

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity36,473,748
Short Interest: % Change Since 8152025-13.3%
Average Daily Volume9,406,522
Days-to-Cover Short Interest3.88
Basic Shares Quantity1,476,800,000
Short % of Basic Shares2.5%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/26/202515.2%22.4%25.2%
3/20/2025-5.5%-8.4%-21.9%
12/19/2024-0.2%-0.9%-3.6%
10/1/2024-6.8%-9.4%-14.2%
6/27/2024-20.0%-19.9%-21.9%
3/21/2024-6.9%-6.8%-6.6%
12/21/2023-11.8%-11.4%-17.8%
9/28/20236.7%6.9%9.3%
...
SUMMARY STATS   
# Positive101111
# Negative141313
Median Positive7.7%6.9%9.3%
Median Negative-6.5%-7.9%-6.6%
Max Positive15.5%22.4%25.2%
Max Negative-20.0%-19.9%-21.9%

SEC Filings

Expand for More

Report DateFiling DateFiling
5312025717202510-K 5/31/2025
2282025403202510-Q 2/28/2025
11302024103202510-Q 11/30/2024
83120241007202410-Q 8/31/2024
5312024725202410-K 5/31/2024
2292024404202410-Q 2/29/2024
11302023105202410-Q 11/30/2023
83120231006202310-Q 8/31/2023
5312023720202310-K 5/31/2023
2282023406202310-Q 2/28/2023
11302022105202310-Q 11/30/2022
83120221006202210-Q 8/31/2022
5312022721202210-K 5/31/2022
2282022405202210-Q 2/28/2022
11302021106202210-Q 11/30/2021
83120211005202110-Q 8/31/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0McCartney PhilipEVP: CHIEF INN,PROD&DSG OFCR8142025Sell77.213,162244,1382,748,058Form
1Leinwand RobertEVP: Chief Legal Officer8062025Sell74.911,644123,1522,153,830Form
2Nielsen JohannaVP: CORP CONTROLLER4252025Sell57.811387,97848,769Form
3SWAN ROBERT HOLMES 4072025Buy58.468,600502,7561,869,726Form
4Leinwand RobertEVP: Chief Legal Officer2182025Sell72.814,506328,0822,252,941Form

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