NKE Stock Overview
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide.
No risks detected for NKE from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$85.40|
|52 Week High||US$179.10|
|52 Week Low||US$82.22|
|1 Month Change||-19.24%|
|3 Month Change||-18.14%|
|1 Year Change||-41.96%|
|3 Year Change||-8.34%|
|5 Year Change||65.76%|
|Change since IPO||9,616.63%|
Recent News & Updates
Nike GAAP EPS of $0.93 beats by $0.01, revenue of $12.69B beats by $410M
Nike press release (NYSE:NKE): FQ1 GAAP EPS of $0.93 beats by $0.01. Revenue of $12.69B (+3.6% Y/Y) beats by $410M. NIKE Direct sales were $5.1 billion, up 8 percent on a reported basis and up 14 percent on a currency-neutral basis NIKE Brand Digital sales increased 16 percent on a reported basis, or 23 percent on a currency-neutral basis, led by 46 percent growth in EMEA Gross margin decreased 220 basis points to 44.3 percent Cash and equivalents and short-term investments were $11.9 billion, down approximately $1.8 billion from last year, as free cash flow was offset by share repurchases and cash dividends Inventories for NIKE, Inc. were $9.7 billion, up 44 percent compared to the prior year period, driven by elevated in-transit inventories from ongoing supply chain volatility, partially offset by strong consumer demand during the quarter. Dividends of $480 million, up 11 percent from the prior year. Share repurchases of $1.0 billion, reflecting 9.0 million retired shares. “Our focus continues to be the consumer, as we take action to navigate near-term dynamics while expanding long-term structural benefits through our Consumer Direct Acceleration strategy.” said said Matthew Friend, Executive Vice President and CFO. Shares -1.17%.
Earnings week ahead: Micron, Nike, Bed Bath & Beyond, CarMax and more
For the final week of September, a number of high-profile earnings reports are expected. Quarterly results are slated from a wide variety of players across the semiconductor, packaged food, restaurant, retail and leisure industries. Nike (NYSE:NKE) and Micron (NASDAQ:MU) will headline the week, which will also include updates from the likes of restaurant chain Cracker Barrel Old Country Store (CBRL), RV manufacturer Thor Industries (THO) and HR solutions provider Paychex Corporation (PAYX). Carmax (KMX), Bed Bath & Beyond (BBBY) and Rite Aid (RAD) are also on the itinerary. Below is a curated list of earnings results to come in the week of September 26 to September 30: Monday, September 26 Earnings are expected from Pluri Inc. (PLUR), Kintara Therapeutics (KTRA), and BeyondSpring (BYSI), per Seeking Alpha earnings calendar forecasts. However, these events have yet to be confirmed by the companies themselves. Tuesday, September 27 Cracker Barrel (CBRL) Cracker Barrel (CBRL) is due to report its fiscal fourth quarter results on Tuesday, with the announcement slated to take place prior to the market open. The Tennessee-based restaurant and gift store chain has staged a stark rally since mid-summer, rising nearly 30% from its 52-week low in June. Still, even with the recent upswing, shares remain about 21% lower than where they ended 2021. Ahead of the fourth quarter report, Deutsche Bank told clients that the chain’s older clientele is a negative with both inflation and pandemic concerns keeping the demographic away from booths and tables. Quarterly EPS and revenue estimates have each been revised down 3 times each, according to Seeking Alpha data. Consensus EPS Estimates: $1.39 Consensus Revenue Estimates: $838.28M Earnings Insight: Cracker Barrel has beaten EPS estimates in 4 of the past 8 quarters, rising above revenue expectations in 5 of those reports. Cal-Maine Foods (CALM) After the bell on Tuesday, Cal-Maine Foods (CALM) is due to give investors an update on its fiscal first quarter. The stock has been a significant outperformer in 2022, rising more than 60% year to date against significant declines in the major equity indices. The Mississippi-based egg distributor posted record net income in its last earnings report, citing strong pricing power amid unprecedented inflation. Ahead of the results, Wall Street analysts remain divided. The stock has its advocates as a strong defensive play, but analyst Evin Rohrbaugh calls the stock “highly overvalued.” Consensus EPS Estimates: $2.55 Consensus Revenue Estimates: $617.40M Earnings Insight: Cal-Maine Foods has exceeded EPS estimate in 5 of the past 8 quarters, beating revenue expectations in 6 of those reports. Also reporting: Jabil Inc. (JBL), United Natural Foods (UNFI), and Blackberry Limited (BB) Wednesday, September 28 Thor Industries (THO) Recreational vehicle manufacturer Thor Industries (THO) is due to report earnings prior to Wednesday’s market open. Shares of the Indiana-based company have fallen over 30% in 2022, with analysts growing cautious on consumer spending and realigning to a Hold consensus. While the company crushed earnings expectations in July, sliding RV sales have been reported into the end of the summer by Baird. Consensus EPS Estimates: $3.84 Consensus Revenue Estimates: $3.68B Earnings Insight: Thor industries has exceeded EPS and revenue estimates in 8 straight quarters. Paychex (PAYX) Paychex (PAYX) is due to update investors on its quarterly performance in Wednesday’s premarket hours. Shares of the Rochester, New York-based HR solutions provider have pushed about 7% higher in the past year, outpacing the market. However, the stock has seen a double-digit plunge in the month prior to its earnings announcement. About two weeks prior to the report, PAYX entered a partnership with Managed Health to offer companies a new healthcare solution. The report will be the final call to feature outgoing CEO Martin Mucci.
|NKE||US Luxury||US Market|
Return vs Industry: NKE matched the US Luxury industry which returned -41.3% over the past year.
Return vs Market: NKE underperformed the US Market which returned -23.2% over the past year.
|NKE Average Weekly Movement||6.1%|
|Luxury Industry Average Movement||6.3%|
|Market Average Movement||6.8%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: NKE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NKE's weekly volatility (6%) has been stable over the past year.
About the Company
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers.
NIKE Fundamentals Summary
|NKE fundamental statistics|
Is NKE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NKE income statement (TTM)|
|Cost of Revenue||US$25.75b|
Last Reported Earnings
Aug 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.60|
|Net Profit Margin||11.96%|
How did NKE perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is NKE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NKE?
Other financial metrics that can be useful for relative valuation.
|What is NKE's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NKE's PE Ratio compare to its peers?
|NKE PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
UAA Under Armour
SKX Skechers U.S.A
Price-To-Earnings vs Peers: NKE is expensive based on its Price-To-Earnings Ratio (23.8x) compared to the peer average (13.4x).
Price to Earnings Ratio vs Industry
How does NKE's PE Ratio compare vs other companies in the US Luxury Industry?
Price-To-Earnings vs Industry: NKE is expensive based on its Price-To-Earnings Ratio (23.8x) compared to the US Luxury industry average (8.6x)
Price to Earnings Ratio vs Fair Ratio
What is NKE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||23.8x|
|Fair PE Ratio||24.9x|
Price-To-Earnings vs Fair Ratio: NKE is good value based on its Price-To-Earnings Ratio (23.8x) compared to the estimated Fair Price-To-Earnings Ratio (24.9x).
Share Price vs Fair Value
What is the Fair Price of NKE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NKE ($85.4) is trading below our estimate of fair value ($124.17)
Significantly Below Fair Value: NKE is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is NIKE forecast to perform in the next 1 to 3 years based on estimates from 31 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NKE's forecast earnings growth (17.5% per year) is above the savings rate (1.9%).
Earnings vs Market: NKE's earnings (17.5% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: NKE's earnings are forecast to grow, but not significantly.
Revenue vs Market: NKE's revenue (8.4% per year) is forecast to grow faster than the US market (7.7% per year).
High Growth Revenue: NKE's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NKE's Return on Equity is forecast to be very high in 3 years time (45%).
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How has NIKE performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NKE has high quality earnings.
Growing Profit Margin: NKE's current net profit margins (12%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: NKE's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: NKE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NKE had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Luxury industry average (32.1%).
Return on Equity
High ROE: NKE's Return on Equity (35.6%) is considered high.
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How is NIKE's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NKE's short term assets ($28.9B) exceed its short term liabilities ($10.9B).
Long Term Liabilities: NKE's short term assets ($28.9B) exceed its long term liabilities ($14.3B).
Debt to Equity History and Analysis
Debt Level: NKE has more cash than its total debt.
Reducing Debt: NKE's debt to equity ratio has increased from 31.9% to 59.6% over the past 5 years.
Debt Coverage: NKE's debt is well covered by operating cash flow (55%).
Interest Coverage: NKE's interest payments on its debt are well covered by EBIT (38.8x coverage).
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What is NIKE current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|NIKE Dividend Yield vs Market|
|Market Bottom 25% (US)||1.6%|
|Market Top 25% (US)||4.6%|
|Industry Average (Luxury)||2.2%|
|Analyst forecast in 3 Years (NIKE)||1.6%|
Notable Dividend: NKE's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: NKE's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Stability and Growth of Payments
Stable Dividend: NKE's dividends per share have been stable in the past 10 years.
Growing Dividend: NKE's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), NKE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.2%), NKE's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Donahoe (61 yo)
Mr. John J. Donahoe, II, has been Non-Executive Chairman and Director of PayPal Holdings, Inc. since July 17, 2015. He serves as Vice Chairman of the Advisory Council at Stanford Graduate School of Busines...
CEO Compensation Analysis
|John Donahoe's Compensation vs NIKE Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Aug 31 2022||n/a||n/a|
|May 31 2022||US$29m||US$2m|
|Feb 28 2022||n/a||n/a|
|Nov 30 2021||n/a||n/a|
|Aug 31 2021||n/a||n/a|
|May 31 2021||US$33m||US$2m|
|Feb 28 2021||n/a||n/a|
|Nov 30 2020||n/a||n/a|
|Aug 31 2020||n/a||n/a|
|May 31 2020||US$54m||US$548k|
|Feb 29 2020||n/a||n/a|
|Nov 30 2019||n/a||n/a|
|Aug 31 2019||n/a||n/a|
|May 31 2019||US$280k||n/a|
|Feb 28 2019||n/a||n/a|
|Nov 30 2018||n/a||n/a|
|Aug 31 2018||n/a||n/a|
|May 31 2018||US$260k||n/a|
|Feb 28 2018||n/a||n/a|
|Nov 30 2017||n/a||n/a|
|Aug 31 2017||n/a||n/a|
|May 31 2017||US$282k||n/a|
|Feb 28 2017||n/a||n/a|
|Nov 30 2016||n/a||n/a|
|Aug 31 2016||n/a||n/a|
|May 31 2016||US$271k||n/a|
Compensation vs Market: John's total compensation ($USD28.84M) is above average for companies of similar size in the US market ($USD13.04M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: NKE's management team is considered experienced (2.6 years average tenure).
Experienced Board: NKE's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||546,671||0.03%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
NIKE, Inc.'s employee growth, exchange listings and data sources
- Name: NIKE, Inc.
- Ticker: NKE
- Exchange: NYSE
- Founded: 1964
- Industry: Footwear
- Sector: Consumer Durables
- Implied Market Cap: US$133.955b
- Shares outstanding: 1.57b
- Website: https://investors.nike.com
Number of Employees
- NIKE, Inc.
- One Bowerman Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NKE||NYSE (New York Stock Exchange)||Yes||Class B Common Stock||US||USD||Dec 1980|
|NKE||DB (Deutsche Boerse AG)||Yes||Class B Common Stock||DE||EUR||Dec 1980|
|NKE||XTRA (XETRA Trading Platform)||Yes||Class B Common Stock||DE||EUR||Dec 1980|
|NKE||SNSE (Santiago Stock Exchange)||Yes||Class B Common Stock||CL||USD||Dec 1980|
|NKE||SWX (SIX Swiss Exchange)||Yes||Class B Common Stock||CH||CHF||Dec 1980|
|NKE *||BMV (Bolsa Mexicana de Valores)||Yes||Class B Common Stock||MX||MXN||Dec 1980|
|0QZ6||LSE (London Stock Exchange)||Yes||Class B Common Stock||GB||USD||Dec 1980|
|NKE||BVL (Bolsa de Valores de Lima)||Yes||Class B Common Stock||PE||USD||Dec 1980|
|NKE||WBAG (Wiener Boerse AG)||Yes||Class B Common Stock||AT||EUR||Dec 1980|
|NKE||ETLX (Eurotlx)||Yes||Class B Common Stock||IT||EUR||Dec 1980|
|NKE_KZ||KAS (Kazakhstan Stock Exchange)||Yes||Class B Common Stock||KZ||USD||Dec 1980|
|NKECL||SNSE (Santiago Stock Exchange)||Yes||Class B Common Stock||CL||CLP||Dec 1980|
|NKE||BUL (Bulgaria Stock Exchange)||Yes||Class B Common Stock||BG||EUR||Dec 1980|
|NKE||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH REPR 1/3 ORD CLS'B'NPV||AR||ARS||Jul 2001|
|NKED||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH REPR 1/3 ORD CLS'B'NPV||AR||USD||Jul 2001|
|NIKE34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 10 REPR 1 COM||BR||BRL||Dec 2011|
|NKE0||DB (Deutsche Boerse AG)||CDR CAD HEDGED REG S||DE||EUR||Aug 2022|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/03 00:00|
|End of Day Share Price||2022/10/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.