Nike (NKE) Interest Coverage Ratio (2010 - 2026)
Nike's (NKE) quarterly Interest Coverage Ratio came in at 2.62 in Q2 2026, up 72.82% YoY from 1.51 in Q2 2025, and up 19.93% on a QoQ basis from 2.18 in Q1 2026.
Nike (NKE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Nike (NKE) has 17 years of Interest Coverage Ratio data on file, last reported at 2.62 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 72.82% year-over-year to 2.62 in Q2 2026, while the trailing twelve-month figure through May 2026 was 9.75 (down 71.03% YoY) and the FY2026 annual result came in at 5.68, down 0.66% from the prior year.
- Interest Coverage Ratio advanced to 2.62 in Q2 2026, from 2.18 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 201.07 in Q2 2024 to a low of 69.53 in Q2 2022.
- A 5-year average of 10.39 and a median of 3.0 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 143.61% — and 2024, when it jumped 1490.82%.
- Tracing NKE's Interest Coverage Ratio over 5 years: stood at 4.12 in 2022, then gained by 9.8% to 4.53 in 2023, then dropped by 23.57% to 3.46 in 2024, then tumbled by 61.61% to 1.33 in 2025, then jumped by 96.91% to 2.62 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.62 (Q2 2026), 2.18 (Q1 2026), and 1.33 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 2.62 |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 4.72 |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 0.63 |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 0.13 |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 3.53 |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 1.69 |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 7.09 |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 2.62 |
| Feb 28, 2026 | 2.18 |
| Nov 30, 2025 | 1.33 |
| Aug 31, 2025 | 1.24 |
| May 31, 2025 | 1.51 |
| Feb 28, 2025 | 2.55 |
| Nov 30, 2024 | 3.46 |
| Aug 31, 2024 | 3.43 |
| May 31, 2024 | 201.07 |
| Feb 29, 2024 | 3.35 |
| Nov 30, 2023 | 4.53 |
| Aug 31, 2023 | 2.49 |
| May 31, 2023 | 12.64 |
| Feb 28, 2023 | 3.55 |
| Nov 30, 2022 | 4.12 |
| Aug 31, 2022 | 2.66 |
| May 31, 2022 | -69.53 |
| Feb 28, 2022 | 3.83 |
| Nov 30, 2021 | 3.80 |
| Aug 31, 2021 | 3.39 |