Nike (NKE) Debt Ratio (2009 - 2026)

Nike (NKE) reported Debt Ratio of 0.19 for Q1 2026, down 19.96% on a YoY basis from 0.24 in Q1 2025, and down 10.58% quarter-over-quarter from 0.21 in Q4 2025.

Nike (NKE) Debt Ratio (2009 - 2026) Analysis & Trends

Nike has reported Debt Ratio for 18 years, with the latest figure at 0.19 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 19.96% year-over-year to 0.19; the trailing twelve-month figure through Feb 2026 stood at 0.19 (down 19.96% YoY), and the FY2025 full-year result was 0.22, down 6.78% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.19, down from 0.21 in the prior quarter.
  • The five-year high for Debt Ratio was 0.25 in Q1 2023, with the low at 0.19 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.24 in 2024.
  • Annual changes were most pronounced in 2023 — Debt Ratio rose 11.74% — and 2026, when it fell 19.96%.
  • Nike's Debt Ratio stood at 0.23 in 2022, then gained by 6.63% to 0.24 in 2023, then decreased by 1.59% to 0.24 in 2024, then declined by 10.27% to 0.21 in 2025, then decreased by 10.58% to 0.19 in 2026.
  • The last three Debt Ratio figures came in at 0.19 (Q1 2026), 0.21 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn 0.00
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn 0.19
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn -
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 0.31
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 0.15
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn 0.32
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn 0.02
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn 0.00
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 0.00
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn -

Historic Data

Download Data
DateValue
Feb 28, 2026 0.19
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 0.23
Aug 31, 2022 0.22
May 31, 2022 0.23
Feb 28, 2022 0.24
Nov 30, 2021 0.24
Aug 31, 2021 0.25
May 31, 2021 0.25