Nike (NKE) Debt to Equity (2009 - 2026)
Nike (NKE) reported Debt to Equity of $0.5 for Q1 2026, down 21.97% on a YoY basis from $0.64 in Q1 2025, and down 12.32% quarter-over-quarter from $0.57 in Q4 2025.
Nike (NKE) Debt to Equity (2009 - 2026) Analysis & Trends
Nike has reported Debt to Equity for 18 years, with the latest figure at $0.5 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 21.97% year-over-year to $0.5; the trailing twelve-month figure through Feb 2026 stood at $0.5 (down 21.97% YoY), and the FY2025 full-year result was $0.6, down 2.28% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.5, down from $0.57 in the prior quarter.
- The five-year high for Debt to Equity was $0.65 in Q1 2023, with the low at $0.5 in Q1 2026.
- Historically, Debt to Equity has averaged $0.61 across 5 years, with a median of $0.63 in 2024.
- Annual changes were most pronounced in 2023 — Debt to Equity rose 13.3% — and 2026, when it dropped 21.97%.
- Nike's Debt to Equity stood at $0.58 in 2022, then increased by 8.02% to $0.63 in 2023, then gained by 1.19% to $0.64 in 2024, then slipped by 10.98% to $0.57 in 2025, then declined by 12.32% to $0.5 in 2026.
- The last three Debt to Equity figures came in at $0.5 (Q1 2026), $0.57 (Q4 2025), and $0.59 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 102.63 Bn | 102.39 Bn | 390.51 Mn | 0.01 |
| 2 | Nike | 65.09 Bn | 57.03 Bn | 4.53 Bn | 0.50 |
| 3 | Deckers Outdoor | 16.02 Bn | 13.93 Bn | 1.17 Bn | - |
| 4 | Crocs | 6.13 Bn | 6.00 Bn | 522.95 Mn | 0.94 |
| 5 | Steven Madden | 3.14 Bn | 3.10 Bn | 357.42 Mn | 0.31 |
| 6 | Wolverine World Wide | 1.98 Bn | 1.79 Bn | 243.40 Mn | 1.34 |
| 7 | On Holding AG | 1.66 Bn | 264.30 Mn | 682.30 Mn | - |
| 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 | 0.02 |
| 10 | Weyco | 343.83 Mn | 246.40 Mn | 33.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.50 |
| Nov 30, 2025 | 0.57 |
| Aug 31, 2025 | 0.59 |
| May 31, 2025 | 0.60 |
| Feb 28, 2025 | 0.64 |
| Nov 30, 2024 | 0.64 |
| Aug 31, 2024 | 0.65 |
| May 31, 2024 | 0.62 |
| Feb 29, 2024 | 0.63 |
| Nov 30, 2023 | 0.63 |
| Aug 31, 2023 | 0.64 |
| May 31, 2023 | 0.64 |
| Feb 28, 2023 | 0.65 |
| Nov 30, 2022 | 0.58 |
| Aug 31, 2022 | 0.56 |
| May 31, 2022 | 0.62 |
| Feb 28, 2022 | 0.64 |
| Nov 30, 2021 | 0.63 |
| Aug 31, 2021 | 0.66 |
| May 31, 2021 | 0.74 |