Nike (NKE) Asset Utilization Ratio (2009 - 2026)
Nike's (NKE) Asset Utilization Ratio stood at 1.23 in fiscal Q4 2026 (quarter ended May 31, 2026), down 1.3% from 1.25 a year earlier and down 1.1% from the prior quarter.
Nike (NKE) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Nike's Asset Utilization Ratio came in at 1.24, down 0.2% from FY2025.
- Across earlier fiscal years, Asset Utilization Ratio came in at 1.24 in FY2025 (-8.7%), 1.36 in FY2024 (+3.2%), 1.32 in FY2023 (+9.9%) and 1.20 in FY2022 (-7.2%).
- The fiscal Q4 2026 figure is the lowest quarterly Asset Utilization Ratio since fiscal Q2 2023.
- On a year-over-year basis, Asset Utilization Ratio has declined for eight consecutive quarters, with an average decline of 5.1% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 19.6% in fiscal Q1 2024, against a decline of 8.8% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.24 (Q3 2026), 1.24 (Q2 2026) and 1.26 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.14 Bn | 19.13 Bn | 5.39 Bn | 1.23 |
| 2 | Tapestry | 22.87 Bn | 18.83 Bn | 1.56 Bn | 1.22 |
| 3 | Ralph Lauren | 21.39 Bn | 13.49 Bn | 1.44 Bn | 1.09 |
| 4 | Deckers Outdoor | 11.06 Bn | 3.93 Bn | - | - |
| 5 | Lululemon Athletica | 10.32 Bn | 4.58 Bn | 1.46 Bn | 1.30 |
| 6 | Levi Strauss | 7.62 Bn | 4.28 Bn | 979.10 Mn | 1.00 |
| 7 | Gildan Activewear | 6.55 Bn | 5.54 Bn | 459.76 Mn | 0.46 |
| 8 | Birkenstock Holding | 6.07 Bn | 4.38 Bn | 493.89 Mn | 0.42 |
| 9 | Crocs | 5.90 Bn | 5.31 Bn | 700.71 Mn | 0.93 |
| 10 | V F | 5.70 Bn | 2.32 Bn | 917.04 Mn | 1.01 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.23 |
| Feb 28, 2026 | 1.24 |
| Nov 30, 2025 | 1.24 |
| Aug 31, 2025 | 1.26 |
| May 31, 2025 | 1.25 |
| Feb 28, 2025 | 1.26 |
| Nov 30, 2024 | 1.29 |
| Aug 31, 2024 | 1.32 |
| May 31, 2024 | 1.36 |
| Feb 29, 2024 | 1.38 |
| Nov 30, 2023 | 1.39 |
| Aug 31, 2023 | 1.39 |
| May 31, 2023 | 1.35 |
| Feb 28, 2023 | 1.30 |
| Nov 30, 2022 | 1.22 |
| Aug 31, 2022 | 1.16 |
| May 31, 2022 | 1.18 |
| Feb 28, 2022 | 1.21 |
| Nov 30, 2021 | 1.21 |
| Aug 31, 2021 | 1.22 |
Nike Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();