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Nike NKE Debt-to-equity

Debt-to-equity at other companies

V.F. Corporation logo
V.F. CorporationVFC
2.8×-1.8×
Wolverine World Wide logo
Wolverine World WideWWW
1.9×-0.9×
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
0.2×+0.1×
Columbia Sportswear Company logo
Columbia Sportswear CompanyCOLM
0.3×0.0×
Crocs logo
CrocsCROX
1.2×0.0×
Under Armour, Inc. logo
Under Armour, Inc.UA

Other financials

Income statement

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Revenue$11.0B-1.1%
Gross profit$5.4B+20.7%
Net income$1.1B+407%
EPS (diluted)$0.72+414%

Balance sheet

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Cash & equivalents$7.6B+519%
Total debt$11.0B+0.1%
Total equity$14.9B+12.5%
Total assets$38.4B+5.0%

Cash flow

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Operating cash flow$1.6B+254%
CapEx$138.0M+38.0%
Free cash flow$1.5B+313%

Valuation

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Market cap$61.88B-44.0%
Enterprise value$65.35B-45.7%
P/E19.9×-14.4×
P/S1.3×-1.0×

Profitability

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Gross margin42.9%+0.2pp
Net margin6.7%-0.3pp
FCF margin4.7%-2.3pp

Returns & leverage

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Return on equity22.1%-1.2pp
Current ratio-0.3×

Where this comes from

Calculated from Nike’s reported figures.

Based on the most recent quarter.

The source filing: Nike’s 10-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 4:43 PM EDT
Fiscal year
FY2026
Accession
0000320187-26-000088

FAQ

What is Nike's debt-to-equity?
Nike (NKE) reported debt-to-equity of 0.7× in Q1 2026.
How has Nike's debt-to-equity changed year-over-year?
Nike's debt-to-equity decreased by 11.0% year-over-year, from 0.8× to 0.7×.
What is the long-term trend for Nike's debt-to-equity?
Over 5 years (2021 to 2026), Nike's debt-to-equity has grown at a -5.9% compound annual growth rate (CAGR), from 1× to 0.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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