Valuation dashboard for NIKE, Inc. (NKE) with P/E 19.37, P/B 3.95, EV/EBITDA 13.4 and dividend yield 4.05%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Cyclical companies.
NIKE, Inc., through its various subsidiaries, operates as a global enterprise focused on the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories for all ages and genders. Beyond its primary offerings, the company provides a range of athletic and casual footwear, clothing, and accessories under the notable Jumpman trademark.
Where would it trade at its usual multiples?
Versus its usual multiples: fairly priced · 2027 est. P/E 31.9× · Multiples range: $23.33 · $37.49.
On those earnings: at the decade median (29.5×) $37 (-7%); at its sector median (18.4×) $23 (-42%). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Note: earnings per share over the last twelve months ($2.09) are far from the consensus for 2027 ($1.27); that is why this range uses expected earnings.
Analysis Summary
NIKE, Inc. reported revenue of $46.40B in the most recent fiscal year, growing at a 5-year CAGR of 0.8%. Net income reached $3.11B, with a -11.5% 5-year CAGR.
Trailing-twelve-month margins: gross margin 43.1%, operating margin 8.2%, net margin 6.7%.
At $40.49 (closing price, November 4, 2026), NKE trades at a P/E of 19.37 and an ROE of 21.24%. Market capitalisation stands at $60.1B, placing it among large-cap names.
Balance sheet quality for NKE: debt-to-equity ratio of 0.73, current ratio of 2.07 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 19.37 |
| Price / Book | 3.95 |
| EV / EBITDA | 13.4 |
| Dividend Yield | 4.05% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| NKE | NIKE, Inc. | $60.1B | 19.37 | 3.95 | 21.2% |
| LULU | Lululemon Athletica Inc. | $13.0B | 9.21 | 2.64 | 29.7% |
| CROX | Crocs, Inc. | $7.3B | 11.95 | 5.54 | 48.8% |
| COLM | Columbia Sportswear Company | $3.6B | 15.55 | 2.21 | 14.6% |
| AS | Amer Sports, Inc. | $18.6B | 33.74 | 2.72 | 8.7% |
| DECK | Deckers Outdoor Corporation | $11.9B | 11.82 | 5.24 | 43.6% |
| ONON | On Holding AG | $12.7B | 25.56 | 5.36 | 23.3% |
| VFC | V.F. Corporation | $8.2B | 22.75 | 4.05 | 19.9% |
Price
| Price | $40.49 (closing price, November 4, 2026) |
| Market Cap | $60.1B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 21.24% |
| Return on Invested Capital | 10.34% |
| Return on Assets | 8.18% |
| Gross Margin | 43.07% |
| Operating Margin | 8.20% |
| Net Margin | 6.74% |
Related companies: LULU · CROX · COLM · AS · DECK · ONON · VFC
Explore sector: Consumer Cyclical · Apparel - Footwear & Accessories
More sections of NKE: Overview · Financials · Estimates · Technical · Ownership
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks