Nike (NKE) Operating Leases (2019 - 2026)
Nike (NKE) reported Operating Leases of $2.71 billion for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 5.9% from $2.56 billion a year earlier and up 3.6% from the prior quarter.
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Analysis
Nike (NKE) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Nike posted Operating Leases of $2.61 billion, up 2.5% from FY2025.
- Operating Leases has a five-year compound annual growth rate of -2.3% (FY2021 to FY2026).
- By fiscal year, Operating Leases came in at $2.55 billion in FY2025 (-0.6%), $2.57 billion in FY2024 (-7.9%), $2.79 billion in FY2023 (+0.3%) and $2.78 billion in FY2022 (-5.3%).
- Five-year quarterly Operating Leases spans a low of $2.48 billion in fiscal Q3 2025 and a high of $2.84 billion in fiscal Q2 2022.
- Year over year, Operating Leases has now increased in each of the last four quarters, with growth averaging 0.5% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q2 2026 (growth of 7.5%); the low point was fiscal Q2 2025 (a decline of 8.0%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $2.61 billion (Q4 2026), $2.66 billion (Q3 2026) and $2.75 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nike | 55.20 Bn | 21.40 Bn | 4.80 Bn |
| 2 | Tapestry | 23.95 Bn | 19.91 Bn | 1.56 Bn |
| 3 | Ralph Lauren | 22.95 Bn | 15.05 Bn | 1.44 Bn |
| 4 | Deckers Outdoor | 12.57 Bn | 5.44 Bn | - |
| 5 | Lululemon Athletica | 11.02 Bn | 5.27 Bn | 1.46 Bn |
| 6 | Levi Strauss | 7.96 Bn | 4.54 Bn | 1.07 Bn |
| 7 | V F | 6.73 Bn | 3.35 Bn | 917.04 Mn |
| 8 | Gildan Activewear | 6.57 Bn | 5.49 Bn | 459.76 Mn |
| 9 | Birkenstock Holding | 6.13 Bn | 4.46 Bn | 493.89 Mn |
| 10 | Crocs | 5.91 Bn | 5.32 Bn | 700.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.71 Bn |
| May 31, 2026 | 2.61 Bn |
| Feb 28, 2026 | 2.66 Bn |
| Nov 30, 2025 | 2.75 Bn |
| Aug 31, 2025 | 2.56 Bn |
| May 31, 2025 | 2.55 Bn |
| Feb 28, 2025 | 2.48 Bn |
| Nov 30, 2024 | 2.56 Bn |
| Aug 31, 2024 | 2.63 Bn |
| May 31, 2024 | 2.57 Bn |
| Feb 29, 2024 | 2.69 Bn |
| Nov 30, 2023 | 2.79 Bn |
| Aug 31, 2023 | 2.81 Bn |
| May 31, 2023 | 2.79 Bn |
| Feb 28, 2023 | 2.69 Bn |
| Nov 30, 2022 | 2.67 Bn |
| Aug 31, 2022 | 2.74 Bn |
| May 31, 2022 | 2.78 Bn |
| Feb 28, 2022 | 2.78 Bn |
| Nov 30, 2021 | 2.84 Bn |
API Access
Nike Operating Leases 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=operating-leases&ticker=NKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();