Nike (NKE) Asset Utilization Ratio (2009 - 2026)
Nike's (NKE) quarterly Asset Utilization Ratio came in at 1.23 in Q2 2026, down 1.27% YoY from 1.25 in Q2 2025, and down 1.09% on a QoQ basis from 1.24 in Q1 2026.
Nike (NKE) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Nike (NKE) has 18 years of Asset Utilization Ratio data on file, last reported at 1.23 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 1.27% year-over-year to 1.23 in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.23 (down 1.27% YoY) and the FY2026 annual result came in at 1.24, changed 0.21% from the prior year.
- Asset Utilization Ratio slipped to 1.23 in Q2 2026, from 1.24 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.39 in Q4 2023 to a low of 1.16 in Q3 2022.
- A 5-year average of 1.28 and a median of 1.26 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio gained 19.58% — and 2025, when it dropped 8.76%.
- Tracing NKE's Asset Utilization Ratio over 5 years: stood at 1.22 in 2022, then rose by 14.53% to 1.39 in 2023, then decreased by 7.28% to 1.29 in 2024, then decreased by 4.14% to 1.24 in 2025, then dropped by 0.71% to 1.23 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.23 (Q2 2026), 1.24 (Q1 2026), and 1.24 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 1.23 |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 0.42 |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 0.93 |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 1.45 |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 1.15 |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 0.86 |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 1.04 |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 1.47 |
Historic Data
Download 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 |