Nike (NKE) Return on Capital Employed (2009 - 2026)

Nike's (NKE) quarterly Return on Capital Employed came in at 19.4% in Q2 2026, down 741.0% YoY from 3.03% in Q2 2025, and up 32.36% on a QoQ basis from 14.66% in Q1 2026.

Nike (NKE) Return on Capital Employed (2009 - 2026) Analysis & Trends

Nike (NKE) has 18 years of Return on Capital Employed data on file, last reported at 19.4% in Q2 2026.

  • Quarterly Return on Capital Employed fell 741.0% year-over-year to 19.4% in Q2 2026, while the trailing twelve-month figure through May 2026 was 19.4% (down 741.0% YoY) and the FY2026 annual result came in at 15.22%, up 140.0% from the prior year.
  • Return on Capital Employed advanced to 19.4% in Q2 2026, from 14.66% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 49.53% in Q3 2024 to a low of 14.66% in Q1 2026.
  • A 5-year average of 29.13% and a median of 28.43% in 2022 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2024 — Return on Capital Employed jumped 1838 bps — and 2025, when it plunged 3326 bps.
  • Tracing NKE's Return on Capital Employed over 5 years: stood at 18.38% in 2022, then soared by 79 bps to 32.83% in 2023, then soared by 50 bps to 49.2% in 2024, then tumbled by 68 bps to 15.93% in 2025, then climbed by 22 bps to 19.4% in 2026.
  • The last three Return on Capital Employed figures came in at 19.4% (Q2 2026), 14.66% (Q1 2026), and 15.93% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Nike 60.40 Bn 51.38 Bn 5.39 Bn 19.40%
2 Deckers Outdoor 13.25 Bn 11.34 Bn - -
3 Birkenstock Holding 7.23 Bn 6.43 Bn 493.89 Mn 11.17%
4 Crocs 6.34 Bn 6.17 Bn 700.71 Mn 23.21%
5 Steven Madden 3.45 Bn 3.39 Bn 309.66 Mn 14.60%
6 Wolverine World Wide 1.71 Bn 1.57 Bn 235.30 Mn 14.32%
7 Weyco 432.28 Mn 336.81 Mn 43.78 Mn 13.55%
8 Rocky Brands 355.90 Mn 353.27 Mn 60.80 Mn 11.46%
9 Fossil 329.23 Mn 234.38 Mn 130.79 Mn -2.16%
10 Forward Industries 314.59 Mn 314.59 Mn - -

Historic Data

Download Data
DateValue
May 31, 2026 19.40%
Feb 28, 2026 14.66%
Nov 30, 2025 15.93%
Aug 31, 2025 21.62%
May 31, 2025 26.81%
Feb 28, 2025 47.45%
Nov 30, 2024 49.20%
Aug 31, 2024 49.53%
May 31, 2024 46.87%
Feb 29, 2024 32.58%
Nov 30, 2023 32.83%
Aug 31, 2023 31.16%
May 31, 2023 31.52%
Feb 28, 2023 18.35%
Nov 30, 2022 18.38%
Aug 31, 2022 17.89%
May 31, 2022 20.05%
Feb 28, 2022 30.04%
Nov 30, 2021 27.69%
Aug 31, 2021 27.15%