Nike (NKE) Debt Ratio (2009 - 2026)
Nike's Debt Ratio was 0.21 in fiscal Q1 2027 (quarter ended Aug 31, 2026), down 2.5% from 0.21 a year earlier but up 1.0% from the prior quarter.
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Analysis
Nike (NKE) Debt Ratio (2009 - 2026) Analysis & Trends
From fiscal Q4 2009 onward, Nike has reported Debt Ratio for 70 quarters.
- Debt Ratio has now declined for three consecutive fiscal years.
- In earlier fiscal years, Debt Ratio was 0.22 in FY2025 (-6.8%), 0.23 in FY2024 (-1.8%), 0.24 in FY2023 (+1.8%) and 0.23 in FY2022 (-6.3%).
- Quarterly Debt Ratio has moved between 0.21 (fiscal Q4 2026) and 0.25 (fiscal Q3 2023) over five years.
- Compared with a year earlier, Debt Ratio has declined for 11 straight quarters, with an average decline of 5.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q1 2024 (growth of 5.8%); the worst was fiscal Q2 2026 (a decline of 10.8%).
- Per Business Quant data, NKE's Debt Ratio in the three fiscal quarters before Q1 2027 was 0.21 (Q4 2026), 0.22 (Q3 2026) and 0.21 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.18 Bn | 22.38 Bn | 4.80 Bn | 0.21 |
| 2 | Tapestry | 23.99 Bn | 19.95 Bn | 1.56 Bn | - |
| 3 | Ralph Lauren | 22.76 Bn | 14.85 Bn | 1.44 Bn | 0.16 |
| 4 | Deckers Outdoor | 12.61 Bn | 5.48 Bn | - | - |
| 5 | Lululemon Athletica | 11.29 Bn | 5.54 Bn | 1.46 Bn | - |
| 6 | Levi Strauss | 8.02 Bn | 4.60 Bn | 1.07 Bn | 0.15 |
| 7 | V F | 6.86 Bn | 3.48 Bn | 917.04 Mn | 0.37 |
| 8 | Gildan Activewear | 6.55 Bn | 5.47 Bn | 459.76 Mn | 0.36 |
| 9 | Birkenstock Holding | 6.11 Bn | 4.43 Bn | 493.89 Mn | 0.30 |
| 10 | Crocs | 5.97 Bn | 5.38 Bn | 700.71 Mn | 0.30 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.21 |
| May 31, 2026 | 0.21 |
| Feb 28, 2026 | 0.22 |
| Nov 30, 2025 | 0.21 |
| Aug 31, 2025 | 0.21 |
| May 31, 2025 | 0.22 |
| Feb 28, 2025 | 0.24 |
| Nov 30, 2024 | 0.24 |
| Aug 31, 2024 | 0.24 |
| May 31, 2024 | 0.23 |
| Feb 29, 2024 | 0.24 |
| Nov 30, 2023 | 0.24 |
| Aug 31, 2023 | 0.24 |
| May 31, 2023 | 0.24 |
| Feb 28, 2023 | 0.25 |
| Nov 30, 2022 | 0.24 |
| Aug 31, 2022 | 0.23 |
| May 31, 2022 | 0.23 |
| Feb 28, 2022 | 0.24 |
| Nov 30, 2021 | 0.24 |
API Access
Nike Debt 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=debt-ratio&ticker=NKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();