NIKE
Financial ratios & Valuation

Forward Multiples (2026 – 2029)

2026202720282029
Price/Earnings ratio
20.2519.4017.4915.96
Price/Sales ratio
2.322.202.142.03
Earnings per Share (EPS)
$3.79$3.95$4.39$4.81

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
26.7924.9320.7160.3130.2461.1136.9431.0332.2125.3023.2561.11
Price/Sales ratio
2.862.892.553.203.114.144.754.013.182.802.324.14
Price/Book Value ratio
6.907.647.0811.8813.4719.2616.5712.2711.669.992.9919.26
Price/Cash Flow ratio
18.7330.2824.1323.5220.6462.4331.7836.1627.9619.4114.4062.43
Price/Free Cash Flow ratio
23.5948.0034.6529.6825.47110.9035.4842.3533.5221.7915.77110.90
Price/Earnings Growth ratio
1.071.521.30-1.120.26-1.690.295.94-2.201.68-0.56-1.69
Dividend Yield
1.02%1.09%1.28%1.06%1.09%0.93%0.77%0.97%1.23%1.50%1.97%1.09%
Profitability Indicator Ratios
Gross Profit Margin
45.96%46.24%44.57%43.83%44.67%43.42%44.82%45.98%43.52%44.56%44.59%43.42%
Operating Profit Margin
13.74%13.90%13.82%12.21%10.35%5.33%13.78%12.49%9.87%13.02%11.25%10.35%
Pretax Profit Margin
13.74%14.27%14.22%11.88%12.27%7.71%14.95%14.23%12.10%13.04%11.95%7.71%
Net Profit Margin
10.69%11.61%12.34%5.31%10.29%6.78%12.85%12.94%9.89%11.09%9.97%6.78%
Effective Tax Rate
22.16%18.66%13.22%55.30%16.08%12.05%14.02%9.09%18.23%14.92%16.52%16.08%
Return on Assets
15.15%17.57%18.22%8.57%16.98%8.10%15.17%14.99%13.50%14.95%12.87%8.10%
Return On Equity
25.75%30.67%34.17%19.70%44.56%31.52%44.85%39.56%36.20%39.50%24.26%31.52%
Return on Capital Employed
27.54%28.07%26.70%26.94%25.56%8.65%21.87%19.71%17.88%24.31%20.64%20.64%
Liquidity Ratios
Current Ratio
2.522.802.932.502.102.482.71N/AN/AN/A2.222.10
Quick Ratio
1.831.902.011.631.381.592.001.841.801.681.511.38
Cash ratio
0.600.580.690.700.561.001.020.790.800.930.700.56
Days of Sales Outstanding
40.0536.5339.0735.0739.8626.8236.5736.4629.4331.4639.5139.51
Days of Inventory outstanding
95.74101.4596.9193.9494.81127.06101.79121.80106.6796.38107.3594.81
Operating Cycle
135.79137.99135.98129.02134.67153.89138.37158.27136.11127.84146.86134.67
Days of Payables Outstanding
47.0445.9439.2640.6944.0538.7742.1148.5736.1136.5443.7838.77
Cash Conversion Cycle
88.7592.0496.7288.3290.62115.1196.25109.69100.0091.29103.0890.62
Debt Ratios
Debt Ratio
0.050.090.160.160.140.410.330.310.320.310.310.14
Debt Equity Ratio
0.090.160.300.380.381.611.000.820.860.820.311.61
Long-term Debt to Capitalization
0.070.130.210.260.270.600.490.430.450.420.210.60
Total Debt to Capitalization
0.090.140.230.270.270.610.500.450.460.450.240.61
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-82.29N/A
Cash Flow to Debt Ratio
3.711.510.951.301.690.190.510.410.480.620.650.65
Company Equity Multiplier
1.691.741.872.292.623.892.952.632.682.6413.89
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.150.090.100.130.150.060.140.110.110.140.160.15
Free Cash Flow / Operating Cash Flow Ratio
0.790.630.690.790.810.560.890.850.830.890.910.81
Cash Flow Coverage Ratio
3.711.510.951.301.690.190.510.410.480.620.650.65
Short Term Coverage Ratio
25.8568.810.9914.48393.533.5714.195.5713.555.005.153.57
Dividend Payout Ratio
27.46%27.18%26.72%64.30%33.06%57.18%28.60%30.38%39.68%38.05%45.08%33.06%