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| Date | Value |
|---|---|
| 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 |