Nike (NKE) Dividend Coverage Ratio (2009 - 2026)
Nike's (NKE) quarterly Dividend Coverage Ratio came in at 1.74 in Q2 2026, up 388.48% on a YoY basis from 0.36 in Q2 2025, and up 104.57% quarter-over-quarter from 0.85 in Q1 2026.
Analysis
Nike (NKE) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Nike (NKE) has reported Dividend Coverage Ratio for 18 consecutive years, with 1.74 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 388.48% year-over-year to 1.74; the trailing twelve-month figure through May 2026 stood at 1.28 (down 6.98% YoY), and the FY2026 full-year result was 1.28, down 7.14% from the prior year.
- Dividend Coverage Ratio advanced to 1.74 in Q2 2026 per NKE's latest filing, from 0.85 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 3.05 in Q3 2022 and bottomed at 0.36 in Q2 2025.
- Historically, Dividend Coverage Ratio has averaged 2.04 across 5 years, with a median of 2.03 in 2023.
- The sharpest annual moves came in 2025 and 2026: Dividend Coverage Ratio slumped 86.74% in 2025, then jumped 388.48% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 2.53 in 2022, then grew by 10.37% to 2.79 in 2023, then tumbled by 30.25% to 1.95 in 2024, then plunged by 33.46% to 1.3 in 2025, then jumped by 34.32% to 1.74 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 1.74, 0.85, and 1.3 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.96 Bn | 47.94 Bn | 5.39 Bn | 1.74 |
| 2 | Deckers Outdoor | 12.21 Bn | 10.30 Bn | - | - |
| 3 | Birkenstock Holding | 6.25 Bn | 5.45 Bn | 493.89 Mn | - |
| 4 | Crocs | 5.65 Bn | 5.48 Bn | 700.71 Mn | - |
| 5 | Steven Madden | 3.20 Bn | 3.13 Bn | 309.66 Mn | 1.82 |
| 6 | Wolverine World Wide | 1.70 Bn | 1.57 Bn | 235.30 Mn | - |
| 7 | Weyco | 433.33 Mn | 337.86 Mn | 43.78 Mn | 5.05 |
| 8 | Caleres | 418.19 Mn | 387.75 Mn | 315.47 Mn | 5.84 |
| 9 | Rocky Brands | 330.52 Mn | 327.89 Mn | 60.80 Mn | 10.91 |
| 10 | Smartbird | 29.76 Mn | -8.13 Mn | 6.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.74 |
| Feb 28, 2026 | 0.85 |
| Nov 30, 2025 | 1.30 |
| Aug 31, 2025 | 1.22 |
| May 31, 2025 | 0.36 |
| Feb 28, 2025 | 1.34 |
| Nov 30, 2024 | 1.95 |
| Aug 31, 2024 | 1.88 |
| May 31, 2024 | 2.69 |
| Feb 29, 2024 | 2.09 |
| Nov 30, 2023 | 2.79 |
| Aug 31, 2023 | 2.77 |
| May 31, 2023 | 1.97 |
| Feb 28, 2023 | 2.35 |
| Nov 30, 2022 | 2.53 |
| Aug 31, 2022 | 3.05 |
| May 31, 2022 | 3.00 |
| Feb 28, 2022 | 2.86 |
| Nov 30, 2021 | 2.77 |
| Aug 31, 2021 | 4.31 |