NIKE, Inc.
NKE Consumer Cyclical Footwear & Accessories
NIKE, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $46.4 billion, roughly unchanged from fiscal 2025. In the quarter to August 2026, revenue fell 4.33%, EPS fell 2.04%, free cash flow fell 526.7% and total debt fell 1.29%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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NIKE, Inc. (NKE) Return on invested capital
NIKE, Inc.'s return on invested capital over the twelve months to 31 August 2026 was 15.9%, down 1.3 percentage points from fiscal 2026 (17.2%). Over the past ten years it has ranged from 17.2% (fiscal 2026) to 47.3% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Footwear & Accessories industry median of 9.58% and above the Consumer Cyclical sector median of 2.95%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 17.2% | (2.02) |
| FY2025 | 19.2% | (14.33) |
| FY2024 | 33.6% | 4.43 |
| FY2023 | 29.1% | (6.50) |
| FY2022 | 35.6% | (11.63) |
| FY2021 | 47.3% | 24.83 |
| FY2020 | 22.4% | (15.57) |
| FY2019 | 38.0% | 3.46 |
| FY2018 | 34.6% | 3.97 |
| FY2017 | 30.6% | (1.26) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| DECK Deckers Outdoor Corporation compare | 112.0% |
| ONON On Holding AG compare | 25.0% |
| CROX Crocs, Inc. compare | 20.8% |
| WEYS Weyco Group, Inc. compare | 16.8% |
| NKE NIKE, Inc. | 15.9% |
| SHOO Steven Madden, Ltd. compare | 12.8% |
| WWW Wolverine World Wide, Inc. compare | 12.4% |
| BIRK Birkenstock Holding PLC compare | 8.63% |
| FWDI Forward Industries, Inc. compare | −127.6% |
| Footwear & Accessories industry median | 9.58% |
| Consumer Cyclical sector median | 2.95% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on NKE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement