# Nike Inc. (NKE) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Consumer Cyclical / Apparel & Luxury Goods. Price $38.48, market value $57.2 billion.

## Valuation
- **P/E (trailing): 18.5×** (5-yr avg 26.6×, 3-yr avg 24.4×). Nike Inc. trades at 18.5× trailing earnings, well below its own five-year average of 26.6×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 24.7×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 3.7×**. The shares trade at 3.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 3.7%** (5-yr avg 3.5%). Free cash flow equals 3.7% of the market value, in line with its five-year average of 3.5%.
- **Earnings yield: 5.4%**. The inverse of the P/E: 5.4% of the price is earned each year.

## Profitability
- **Gross margin: 43.1%**. Nike Inc. keeps 43.1% of revenue after the direct cost of what it sells.
- **Net margin: 6.7%**. 6.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.9%**. 20.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 8.1%**. Each dollar of assets produces 8.1% of profit.

## Growth
- **Revenue growth (1 yr): 0.2%** (3-yr -3.2%/yr, 5-yr 0.8%/yr). Revenue grew 0.2% over the last year, against 0.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -2.8%** (3-yr -13.4%/yr, 5-yr -10.0%/yr). Earnings per share fell 2.8%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -23.5%/yr**. Free cash flow has compounded at -23.5% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.53**. Debt is 0.53 times equity, moderate leverage.
- **Current ratio: 1.96** (quick 1.96). Current assets cover the next year's liabilities 1.96 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.26%** ($1.64 per share, trailing). Nike Inc. yields 4.26%, an income-level yield.
- **Payout ratio: 77%** (115% of free cash flow). 77% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 9.8%/yr** (1-yr 6.6%). The dividend has grown 9.8% a year over five years.

## Analyst view
- **Analyst consensus: hold** (37 analysts). 37 analysts cover Nike Inc.; the consensus is hold, with an average price target of $36.50 (-5% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -38.1%** (YTD -37.6%, 3-mo -8.3%). The shares are down 38.1% over twelve months including dividends.
- **From 52-week high: -44.3%** (20.4% above the low). Trading 44% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 0.65** (volatility 36%). Beta of 0.65 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NKE · Page: https://foliofundamentals.com/stocks/nke

Not investment advice.