NIKE (NKE) Financial Ratios: P/E, ROE & More

NIKE (NKE) Financial Ratios

For fiscal 2026 (fiscal year ended May 31, 2026), NIKE had a P/E ratio of 22.03 (down from 27.78), return on equity of 22.1% (down from 23.3%), debt-to-equity of 0.74 (down from 0.83) and a current ratio of 1.96 (down from 2.21). A current ratio of 1.96 means current assets exceed current liabilities. Its dividend yield was 3.53% with a payout ratio of 77.5%.

NIKE Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	May 2026	May 2025	May 2024	May 2023	May 2022	May 2021
Valuation Ratios
P/E Ratio	22.03	27.78	25.17	31.91	30.94	38.33
Forward P/E	28.29	36.76	24.95	27.68	27.75	38.05
P/S Ratio	1.48	1.93	2.79	3.16	4.00	4.83
P/B Ratio	4.61	6.77	9.94	11.55	12.24	16.87
Price/Tangible Book	4.77	7.03	10.30	12.03	12.71	17.20
Price/FCF	31.35	27.36	21.68	33.21	42.22	36.12
Price/OCF	23.87	24.18	19.31	27.70	36.05	32.35
PEG Ratio	1.73	46.56	2.19	2.57	1.77	1.68
Enterprise Value Ratios
EV/Revenue	1.54	1.96	2.82	3.19	3.99	4.81
EV/EBITDA	14.52	20.32	19.20	24.71	24.78	27.89
EV/EBIT	17.12	24.57	21.47	27.65	27.90	30.88
EV/FCF	32.78	27.83	21.91	33.57	42.04	35.93
Profitability & Returns
Return on Equity (ROE)	22.14%	23.29%	40.09%	34.63%	43.11%	55.01%
Return on Assets (ROA)	6.97%	6.20%	11.16%	9.50%	10.69%	17.27%
Return on Invested Capital (ROIC)	20.86%	20.51%	37.92%	31.83%	44.92%	39.13%
Return on Capital Employed (ROCE)	16.20%	14.20%	24.50%	20.90%	22.60%	27.14%
Leverage & Solvency Ratios
Debt/Equity	0.74	0.83	0.83	0.87	0.83	0.97
Debt/EBITDA	1.82	1.98	1.39	1.60	1.49	1.67
Debt/FCF	5.06	3.37	1.81	2.49	2.85	2.15
Liquidity Ratios
Current Ratio	1.96	2.21	2.40	2.72	2.63	2.72
Quick Ratio	1.19	1.31	1.51	1.60	1.65	1.85
Efficiency Ratios
Asset Turnover	1.24	1.24	1.36	1.32	1.20	1.29
Inventory Turnover	3.51	3.53	3.56	3.43	3.30	3.46
Yield & Distribution Ratios
Earnings Yield	4.54%	3.60%	3.97%	3.13%	3.23%	2.61%
FCF Yield	3.19%	3.65%	4.61%	3.01%	2.37%	2.77%
Dividend Yield	3.53%	2.59%	1.52%	1.26%	1.00%	0.76%
Payout Ratio	77.45%	71.45%	38.05%	39.68%	30.38%	28.60%
Buyback Yield	0.44%	2.75%	2.55%	2.55%	-0.09%	-1.12%
Total Return	3.98%	5.34%	4.07%	3.80%	0.91%	-0.36%

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About NIKE Financial Ratios

What is NIKE's P/E ratio?

NIKE's P/E ratio was 22.03 for fiscal 2026 (period ended May 31, 2026). It was 27.78 a year earlier.

What is NIKE's return on equity?

NIKE's return on equity (ROE) was 22.1% for fiscal 2026 (period ended May 31, 2026). It was 23.3% a year earlier.

What is NIKE's debt-to-equity ratio?

NIKE's debt-to-equity ratio was 0.74 for fiscal 2026 (period ended May 31, 2026). It was 0.83 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition