TickerStat.comNike annual debt-to-equity ratio
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Nike Debt-to-Equity Ratio Growth & History (NKE)
Nike's debt-to-equity ratio was 0.74 for fiscal 2026.
View full Nike company overviewNike annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 0.74 | −0.09 | −10.99% |
| 2025 | 2025-05-31 | 0.83 | 0.01 | +0.68% |
| 2024 | 2024-05-31 | 0.83 | −0.04 | −4.49% |
| 2023 | 2023-05-31 | 0.87 | 0.04 | +4.94% |
| 2022 | 2022-05-31 | 0.83 | −0.18 | −17.66% |
| 2021 | 2021-05-31 | 1.00 | −0.61 | −37.89% |
| 2020 | 2020-05-31 | 1.62 | 1.23 | +319.85% |
| 2019 | 2019-05-31 | 0.38 | −0.00 | −0.89% |
| 2018 | 2018-05-31 | 0.39 | 0.08 | +26.71% |
| 2017 | 2017-05-31 | 0.31 | 0.14 | +84.32% |
| 2016 | 2016-05-31 | 0.17 | 0.07 | +67.67% |
| 2015 | 2015-05-31 | 0.10 | −0.03 | −25.83% |
| 2014 | 2014-05-31 | 0.13 | 0.00 | +2.45% |
| 2013 | 2013-05-31 | 0.13 | 0.09 | +249.76% |
| 2012 | 2012-05-31 | 0.04 | −0.03 | −44.89% |
| 2011 | 2011-05-31 | 0.07 | 0.01 | +11.55% |
| 2010 | 2010-05-31 | 0.06 | −0.03 | −35.03% |
| 2009 | 2009-05-31 | 0.09 | — | — |
Nike quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 0.74 | −0.09 | −10.99% |
| Q3 2026 | 2026-02-28 | 0.79 | −0.06 | −6.71% |
| Q2 2026 | 2025-11-30 | 0.80 | −0.06 | −6.81% |
| Q1 2026 | 2025-08-31 | 0.82 | −0.05 | −5.56% |
| Q4 2025 | 2025-05-31 | 0.83 | 0.01 | +0.68% |
| Q3 2025 | 2025-02-28 | 0.85 | −0.00 | −0.03% |
| Q2 2025 | 2024-11-30 | 0.86 | −0.00 | −0.15% |
| Q1 2025 | 2024-08-31 | 0.87 | −0.00 | −0.23% |
| Q4 2024 | 2024-05-31 | 0.83 | −0.04 | −4.49% |
| Q3 2024 | 2024-02-29 | 0.85 | −0.01 | −1.64% |
| Q2 2024 | 2023-11-30 | 0.86 | 0.04 | +4.96% |
| Q1 2024 | 2023-08-31 | 0.87 | 0.08 | +9.53% |
| Q4 2023 | 2023-05-31 | 0.87 | 0.04 | +4.94% |
| Q3 2023 | 2023-02-28 | 0.86 | 0.01 | +1.18% |
| Q2 2023 | 2022-11-30 | 0.82 | −0.03 | −3.80% |
| Q1 2023 | 2022-08-31 | 0.80 | −0.10 | −10.76% |
| Q4 2022 | 2022-05-31 | 0.83 | −0.18 | −17.66% |
| Q3 2022 | 2022-02-28 | 0.85 | −0.22 | −20.64% |
| Q2 2022 | 2021-11-30 | 0.85 | −0.35 | −29.16% |
| Q1 2022 | 2021-08-31 | 0.89 | −0.51 | −36.56% |
| Q4 2021 | 2021-05-31 | 1.00 | −0.61 | −37.89% |
| Q3 2021 | 2021-02-28 | 1.08 | 0.34 | +46.36% |
| Q2 2021 | 2020-11-30 | 1.20 | 0.46 | +62.58% |
| Q1 2021 | 2020-08-31 | 1.41 | 0.66 | +89.59% |
| Q4 2020 | 2020-05-31 | 1.62 | 1.23 | +319.85% |
| Q3 2020 | 2020-02-29 | 0.74 | 0.35 | +89.11% |
| Q2 2020 | 2019-11-30 | 0.74 | 0.34 | +85.62% |
| Q1 2020 | 2019-08-31 | 0.74 | 0.35 | +91.24% |
| Q4 2019 | 2019-05-31 | 0.38 | −0.00 | −0.89% |
| Q3 2019 | 2019-02-28 | 0.39 | 0.03 | +9.19% |
| Q2 2019 | 2018-11-30 | 0.40 | −0.00 | −0.47% |
| Q1 2019 | 2018-08-31 | 0.39 | 0.07 | +21.90% |
| Q4 2018 | 2018-05-31 | 0.39 | 0.08 | +26.71% |
| Q3 2018 | 2018-02-28 | 0.36 | 0.08 | +29.50% |
| Q2 2018 | 2017-11-30 | 0.40 | 0.11 | +39.59% |
| Q1 2018 | 2017-08-31 | 0.32 | 0.15 | +87.89% |
| Q4 2017 | 2017-05-31 | 0.31 | 0.14 | +84.32% |
| Q3 2017 | 2017-02-28 | 0.28 | 0.11 | +64.71% |
| Q2 2017 | 2016-11-30 | 0.29 | 0.13 | +77.23% |
| Q1 2017 | 2016-08-31 | 0.17 | 0.08 | +80.66% |
| Q4 2016 | 2016-05-31 | 0.17 | 0.07 | +67.67% |
| Q3 2016 | 2016-02-29 | 0.17 | 0.07 | +65.18% |
| Q2 2016 | 2015-11-30 | 0.16 | 0.05 | +48.15% |
| Q1 2016 | 2015-08-31 | 0.09 | −0.03 | −22.76% |
| Q4 2015 | 2015-05-31 | 0.10 | −0.03 | −25.83% |
| Q3 2015 | 2015-02-28 | 0.10 | −0.02 | −15.14% |
| Q2 2015 | 2014-11-30 | 0.11 | −0.01 | −10.66% |
| Q1 2015 | 2014-08-31 | 0.12 | −0.00 | −0.47% |
| Q4 2014 | 2014-05-31 | 0.13 | 0.00 | +2.45% |
| Q3 2014 | 2014-02-28 | 0.12 | 0.09 | +296.09% |
| Q2 2014 | 2013-11-30 | 0.12 | 0.09 | +273.56% |
| Q1 2014 | 2013-08-31 | 0.12 | 0.09 | +236.40% |
| Q4 2013 | 2013-05-31 | 0.13 | 0.09 | +249.76% |
| Q3 2013 | 2013-02-28 | 0.03 | −0.01 | −17.01% |
| Q2 2013 | 2012-11-30 | 0.03 | −0.02 | −31.55% |
| Q1 2013 | 2012-08-31 | 0.04 | −0.02 | −30.76% |
| Q4 2012 | 2012-05-31 | 0.04 | −0.03 | −44.89% |
| Q3 2012 | 2012-02-29 | 0.04 | −0.03 | −41.43% |
| Q2 2012 | 2011-11-30 | 0.05 | −0.01 | −20.39% |
| Q1 2012 | 2011-08-31 | 0.05 | −0.01 | −13.29% |
| Q4 2011 | 2011-05-31 | 0.07 | 0.01 | +11.55% |
| Q3 2011 | 2011-02-28 | 0.06 | 0.00 | +2.73% |
| Q2 2011 | 2010-11-30 | 0.06 | −0.00 | −2.78% |
| Q1 2011 | 2010-08-31 | 0.06 | 0.00 | +0.67% |
| Q4 2010 | 2010-05-31 | 0.06 | −0.03 | −35.03% |
| Q3 2010 | 2010-02-28 | 0.06 | — | — |
| Q2 2010 | 2009-11-30 | 0.06 | — | — |
| Q1 2010 | 2009-08-31 | 0.06 | — | — |
| Q4 2009 | 2009-05-31 | 0.09 | — | — |
Nike debt-to-equity ratio trends
Over the last five fiscal years, Nike's debt-to-equity ratio decreased from 1.00 to 0.74, a change of −0.26. The latest reported quarter, Q4 2026, shows 0.74.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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