NYSE: NKE
NIKE, Inc.
Consumer Cyclical · Apparel - Footwear & Accessories
After hours: $39.26(+0.43%) · as of 7:59 PM ET
Market Cap
$57.85B
52w High
$80.17
52w Low
$38.86
P/E
18.65
Volume
58.24M
Outstanding Shares
1.48B
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 49.52% over the last year. Revenue grew 0.19% over the trailing twelve months. Operating margin moved from 7.99% to 8.19%. Free cash flow declined 33.17% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 8.19%. Free cash flow fell 33.17% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
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.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
35
Buy
30
Hold
6
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Sep 29, 2026
Q3 FY26 · EPS est $0.44 · Revenue est $11.38B
View
Dividends
$1.64/shareQuarterlyDividend Aristocrat · 34yrEx-div Sep 1, 2026 · in 15dStretchedNKE pays a dividend with a 4.2% declared yield, 34 consecutive years of growth, growing at 8.32% annually, covered 0.9× by free cash flow.
Declared Yield
4.2%
Annual Div / Share
$1.64
5yr CAGR
+8.32%
Doubles every ~8.7yr
Payout Ratio
77.45%
Stretched
Dividend Growth Rate
3yr CAGR
+6.44%
5yr CAGR
+8.32%
10yr CAGR
+9.87%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$3/mo
In 5 yrs
$5/mo
In 10 yrs
$8/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$42/yr $3/mo | $63/yr+49% $5/mo | $93/yr+122% $8/mo |
Yield-on-cost grows from 4.2% → 9.33% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
NKE has raised its dividend for 34 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 8.32% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.91× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.