Nike (NKE) Return on Capital Employed (2009 - 2026)
Nike (NKE) reported Return on Capital Employed of 41.55% for Q1 2026, up 1016.0% on a YoY basis from 3.72% in Q1 2025, and up 5.67% quarter-over-quarter from 39.32% in Q4 2025.
Nike (NKE) Return on Capital Employed (2009 - 2026) Analysis & Trends
Nike has reported Return on Capital Employed for 18 years, with the latest figure at 41.55% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 1016.0% year-over-year to 41.55%; the trailing twelve-month figure through Feb 2026 stood at 41.55% (up 1016.0% YoY), and the FY2025 full-year result was 31.33%, down 758.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 41.55%, up from 39.32% in the prior quarter.
- The five-year high for Return on Capital Employed was 41.55% in Q1 2026, with the low at 21.14% in Q4 2022.
- Historically, Return on Capital Employed has averaged 29.39% across 5 years, with a median of 27.27% in 2024.
- Annual changes were most pronounced in 2023 — Return on Capital Employed plunged 612 bps — and 2025, when it soared 1307 bps.
- Nike's Return on Capital Employed stood at 21.14% in 2022, then increased by 18 bps to 24.95% in 2023, then soared by 34 bps to 33.43% in 2024, then grew by 18 bps to 39.32% in 2025, then rose by 6 bps to 41.55% in 2026.
- The last three Return on Capital Employed figures came in at 41.55% (Q1 2026), 39.32% (Q4 2025), and 40.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 102.63 Bn | 102.39 Bn | 390.51 Mn | 11.76% |
| 2 | Nike | 65.09 Bn | 57.03 Bn | 4.53 Bn | 41.55% |
| 3 | Deckers Outdoor | 16.02 Bn | 13.93 Bn | 1.17 Bn | 45.82% |
| 4 | Crocs | 6.13 Bn | 6.00 Bn | 522.95 Mn | 3.52% |
| 5 | Steven Madden | 3.14 Bn | 3.10 Bn | 357.42 Mn | 8.61% |
| 6 | Wolverine World Wide | 1.98 Bn | 1.79 Bn | 243.40 Mn | 12.55% |
| 7 | On Holding AG | 1.66 Bn | 264.30 Mn | 682.30 Mn | 18.70% |
| 8 | Forward Industries | 381.04 Mn | 355.65 Mn | 16.85 Mn | -50.36% |
| 9 | Designer Brands | 349.93 Mn | 299.82 Mn | 315.32 Mn | 5.39% |
| 10 | Weyco | 343.83 Mn | 246.40 Mn | 33.84 Mn | 2.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 41.55% |
| Nov 30, 2025 | 39.32% |
| Aug 31, 2025 | 40.00% |
| May 31, 2025 | 40.34% |
| Feb 28, 2025 | 31.39% |
| Nov 30, 2024 | 33.43% |
| Aug 31, 2024 | 30.09% |
| May 31, 2024 | 27.27% |
| Feb 29, 2024 | 21.19% |
| Nov 30, 2023 | 24.95% |
| Aug 31, 2023 | 23.51% |
| May 31, 2023 | 23.86% |
| Feb 28, 2023 | 24.08% |
| Nov 30, 2022 | 21.14% |
| Aug 31, 2022 | 24.38% |
| May 31, 2022 | 29.98% |
| Feb 28, 2022 | 23.18% |
| Nov 30, 2021 | 23.64% |
| Aug 31, 2021 | 20.62% |
| May 31, 2021 | 20.14% |