Stocktoria

NIKE, Inc. NKE

NYSE · stock · Rubber & Plastics Footwear · website · IPO 1980-12-02 · LEI

NIKE, Inc. statistics & valuation

Market cap$60.3B
P / E19.4×
P / S1.3×
P / B4.1×
P / FCF27.6×
Dividend yield3.99%
Net margin6.7%
Return on equity20.9%
FCF margin4.7%
Net debt$379.0M
Enterprise value USD$60.7B
Graham number -46.2%$21.78

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($21.78); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
12.30% 5.30% 10.30% 6.80% 12.90% 12.90% 9.90% 11.10% 7.00% 6.70% 2017201820192020202120222023202420252026
Gross margin (%)
44.60% 43.80% 44.70% 43.40% 44.80% 46.00% 43.50% 44.60% 42.70% 42.90% 2017201820192020202120222023202420252026
Operating margin (%)
2017201820192020202120222023202420252026
Return on equity (%)
34.20% 19.70% 44.60% 31.50% 44.90% 39.60% 36.20% 39.50% 24.40% 20.90% 2017201820192020202120222023202420252026
Shares outstanding
1.69B 1.66B 1.62B 1.59B 1.61B 1.61B 1.57B 1.53B 1.49B 1.48B 2017201820192020202120222023202420252026
Net debt ($)
-$331.0M -$775.0M -$996.0M $1.06B -$476.0M $846.0M $1.49B -$957.0M $497.0M $379.0M 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
18.20% 8.60% 17.00% 8.10% 15.20% 15.00% 13.50% 15.00% 8.80% 8.10% 2017201820192020202120222023202420252026
Free cash flow margin (%)
8.00% 10.80% 12.20% 3.70% 13.40% 9.50% 9.50% 12.90% 7.10% 4.70% 2017201820192020202120222023202420252026
Debt / equity (×)
0.28× 0.35× 0.38× 1.17× 0.74× 0.62× 0.64× 0.62× 0.60× 0.53× 2017201820192020202120222023202420252026
EPS ($)
$2.51 $1.17 $2.49 $1.60 $3.56 $3.75 $3.23 $3.73 $2.16 $2.10 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NIKE, Inc. trades at about 19.3× earnings — below its 10-year norm (10-year range 19.5×–68.1×, median 33.7×).

19.3× 68.1×

Shaded band = 10-year range (19.5×–68.1×); dot = today's 19.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin42.9%42.7%44.6%43.5%46.0%44.8%43.4%44.7%43.8%44.6%
Net margin6.7%7.0%11.1%9.9%12.9%12.9%6.8%10.3%5.3%12.3%
FCF margin4.7%7.1%12.9%9.5%9.5%13.4%3.7%12.2%10.8%8.0%
Return on assets8.1%8.8%15.0%13.5%15.0%15.2%8.1%17.0%8.6%18.2%
Return on equity20.9%24.4%39.5%36.2%39.6%44.9%31.5%44.6%19.7%34.2%
Debt / equity0.53×0.60×0.62×0.64×0.62×0.74×1.17×0.38×0.35×0.28×
Current ratio1.962.212.402.722.632.722.482.102.512.93

Computed from company filings · US · as of 2025-05-31. Facts plus Stocktoria's own computed scores — not investment advice.