Nike (NKE) Invested Capital (2009 - 2026)
Nike (NKE) recorded Invested Capital of $22.81 billion in fiscal Q4 2026 (quarter ended May 31, 2026), up 7.7% from $21.18 billion a year earlier and up 3.1% from the prior quarter.
Nike (NKE) Invested Capital (2009 - 2026) Analysis & Trends
Starting with fiscal Q4 2009, Nike's Invested Capital history includes 69 quarters.
- Annual Invested Capital has a five-year compound annual growth rate of 0.6% (FY2021 to FY2026).
- Across earlier fiscal years, Invested Capital came in at $21.18 billion in FY2025 (-9.3%), $23.34 billion in FY2024 (+1.8%), $22.94 billion in FY2023 (-7.2%) and $24.71 billion in FY2022 (+11.4%).
- The fiscal Q4 2026 figure is the highest quarterly Invested Capital since fiscal Q3 2025.
- On a year-over-year basis, Invested Capital rose in two of the last eight quarters, with an average decline of 2.1%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 26.7% in fiscal Q1 2022, against a decline of 9.3% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $22.12 billion (Q3 2026), $22.1 billion (Q2 2026) and $21.47 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 52.05 Bn | 18.05 Bn | 5.39 Bn | 22.81 Bn |
| 2 | Tapestry | 23.90 Bn | 19.86 Bn | 1.56 Bn | 692.10 Mn |
| 3 | Ralph Lauren | 21.81 Bn | 13.91 Bn | 1.44 Bn | 3.96 Bn |
| 4 | Deckers Outdoor | 11.33 Bn | 4.20 Bn | - | - |
| 5 | Lululemon Athletica | 10.22 Bn | 4.47 Bn | 1.46 Bn | - |
| 6 | Levi Strauss | 7.69 Bn | 4.35 Bn | 979.10 Mn | 3.32 Bn |
| 7 | Gildan Activewear | 6.41 Bn | 5.41 Bn | 459.76 Mn | 6.85 Bn |
| 8 | Birkenstock Holding | 6.07 Bn | 4.37 Bn | 493.89 Mn | 5.22 Bn |
| 9 | Crocs | 5.74 Bn | 5.15 Bn | 700.71 Mn | 2.69 Bn |
| 10 | V F | 5.66 Bn | 2.28 Bn | 917.04 Mn | 5.28 Bn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 22.81 Bn |
| Feb 28, 2026 | 22.12 Bn |
| Nov 30, 2025 | 22.10 Bn |
| Aug 31, 2025 | 21.47 Bn |
| May 31, 2025 | 21.18 Bn |
| Feb 28, 2025 | 22.97 Bn |
| Nov 30, 2024 | 23.06 Bn |
| Aug 31, 2024 | 22.95 Bn |
| May 31, 2024 | 23.34 Bn |
| Feb 29, 2024 | 23.16 Bn |
| Nov 30, 2023 | 23.08 Bn |
| Aug 31, 2023 | 22.91 Bn |
| May 31, 2023 | 22.94 Bn |
| Feb 28, 2023 | 23.97 Bn |
| Nov 30, 2022 | 24.70 Bn |
| Aug 31, 2022 | 25.25 Bn |
| May 31, 2022 | 24.71 Bn |
| Feb 28, 2022 | 24.23 Bn |
| Nov 30, 2021 | 24.35 Bn |
| Aug 31, 2021 | 23.77 Bn |
Nike Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();