Nike Return on Equity (ROE) Growth & History (NKE)
Nike's return on equity was 22.14% for fiscal 2026.
View full Nike company overviewNike annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | 22.14% | −1.15 pp |
| 2025 | 2025-05-31 | 23.29% | −16.80 pp |
| 2024 | 2024-05-31 | 40.09% | +5.47 pp |
| 2023 | 2023-05-31 | 34.63% | −8.49 pp |
| 2022 | 2022-05-31 | 43.11% | −11.90 pp |
| 2021 | 2021-05-31 | 55.01% | +25.30 pp |
| 2020 | 2020-05-31 | 29.70% | −13.04 pp |
| 2019 | 2019-05-31 | 42.74% | +25.34 pp |
| 2018 | 2018-05-31 | 17.40% | −16.98 pp |
| 2017 | 2017-05-31 | 34.38% | +4.26 pp |
| 2016 | 2016-05-31 | 30.12% | +2.30 pp |
| 2015 | 2015-05-31 | 27.82% | +3.23 pp |
| 2014 | 2014-05-31 | 24.59% | +1.49 pp |
| 2013 | 2013-05-31 | 23.10% | +1.12 pp |
| 2012 | 2012-05-31 | 21.99% | +0.16 pp |
| 2011 | 2011-05-31 | 21.82% | +1.15 pp |
| 2010 | 2010-05-31 | 20.68% | +2.67 pp |
| 2009 | 2009-05-31 | 18.00% | — |
Nike quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | 7.38% | +5.83 pp |
| Q3 2026 | 2026-02-28 | 3.69% | −1.97 pp |
| Q2 2026 | 2025-11-30 | 5.75% | −2.56 pp |
| Q1 2026 | 2025-08-31 | 5.45% | −1.96 pp |
| Q4 2025 | 2025-05-31 | 1.55% | −8.92 pp |
| Q3 2025 | 2025-02-28 | 5.66% | −2.60 pp |
| Q2 2025 | 2024-11-30 | 8.31% | −2.91 pp |
| Q1 2025 | 2024-08-31 | 7.41% | −2.96 pp |
| Q4 2024 | 2024-05-31 | 10.47% | +3.24 pp |
| Q3 2024 | 2024-02-29 | 8.26% | −0.06 pp |
| Q2 2024 | 2023-11-30 | 11.22% | +2.66 pp |
| Q1 2024 | 2023-08-31 | 10.37% | +0.93 pp |
| Q4 2023 | 2023-05-31 | 7.23% | −2.34 pp |
| Q3 2023 | 2023-02-28 | 8.32% | −1.07 pp |
| Q2 2023 | 2022-11-30 | 8.56% | −0.58 pp |
| Q1 2023 | 2022-08-31 | 9.44% | −4.39 pp |
| Q4 2022 | 2022-05-31 | 9.56% | −2.65 pp |
| Q3 2022 | 2022-02-28 | 9.39% | −3.45 pp |
| Q2 2022 | 2021-11-30 | 9.14% | −3.46 pp |
| Q1 2022 | 2021-08-31 | 13.83% | −3.75 pp |
| Q4 2021 | 2021-05-31 | 12.22% | +21.46 pp |
| Q3 2021 | 2021-02-28 | 12.84% | +3.63 pp |
| Q2 2021 | 2020-11-30 | 12.60% | +0.57 pp |
| Q1 2021 | 2020-08-31 | 17.57% | +2.58 pp |
| Q4 2020 | 2020-05-31 | −9.24% | −20.23 pp |
| Q3 2020 | 2020-02-29 | 9.21% | −3.24 pp |
| Q2 2020 | 2019-11-30 | 12.02% | +2.46 pp |
| Q1 2020 | 2019-08-31 | 14.99% | +3.37 pp |
| Q4 2019 | 2019-05-31 | 10.99% | −0.62 pp |
| Q3 2019 | 2019-02-28 | 12.45% | +21.00 pp |
| Q2 2019 | 2018-11-30 | 9.56% | +3.10 pp |
| Q1 2019 | 2018-08-31 | 11.61% | +3.83 pp |
| Q4 2018 | 2018-05-31 | 11.61% | +3.58 pp |
| Q3 2018 | 2018-02-28 | −8.55% | −17.66 pp |
| Q2 2018 | 2017-11-30 | 6.46% | −0.42 pp |
| Q1 2018 | 2017-08-31 | 7.79% | −2.44 pp |
| Q4 2017 | 2017-05-31 | 8.02% | +1.13 pp |
| Q3 2017 | 2017-02-28 | 9.11% | +1.72 pp |
| Q2 2017 | 2016-11-30 | 6.88% | +0.91 pp |
| Q1 2017 | 2016-08-31 | 10.23% | +1.02 pp |
| Q4 2016 | 2016-05-31 | 6.89% | −0.01 pp |
| Q3 2016 | 2016-02-29 | 7.39% | +0.82 pp |
| Q2 2016 | 2015-11-30 | 5.97% | +0.23 pp |
| Q1 2016 | 2015-08-31 | 9.21% | +0.44 pp |
| Q4 2015 | 2015-05-31 | 6.90% | +0.54 pp |
| Q3 2015 | 2015-02-28 | 6.57% | +0.50 pp |
| Q2 2015 | 2014-11-30 | 5.74% | +1.02 pp |
| Q1 2015 | 2014-08-31 | 8.77% | +1.81 pp |
| Q4 2014 | 2014-05-31 | 6.36% | +0.33 pp |
| Q3 2014 | 2014-02-28 | 6.07% | −2.31 pp |
| Q2 2014 | 2013-11-30 | 4.72% | +0.89 pp |
| Q1 2014 | 2013-08-31 | 6.97% | +1.40 pp |
| Q4 2013 | 2013-05-31 | 6.02% | +0.78 pp |
| Q3 2013 | 2013-02-28 | 8.37% | +2.78 pp |
| Q2 2013 | 2012-11-30 | 3.83% | −0.92 pp |
| Q1 2013 | 2012-08-31 | 5.57% | −0.98 pp |
| Q4 2012 | 2012-05-31 | 5.24% | −0.79 pp |
| Q3 2012 | 2012-02-29 | 5.59% | +0.33 pp |
| Q2 2012 | 2011-11-30 | 4.75% | +0.09 pp |
| Q1 2012 | 2011-08-31 | 6.55% | +0.79 pp |
| Q4 2011 | 2011-05-31 | 6.03% | +0.59 pp |
| Q3 2011 | 2011-02-28 | 5.27% | −0.06 pp |
| Q2 2011 | 2010-11-30 | 4.66% | +0.57 pp |
| Q1 2011 | 2010-08-31 | 5.76% | −0.01 pp |
| Q4 2010 | 2010-05-31 | 5.44% | — |
| Q3 2010 | 2010-02-28 | 5.33% | — |
| Q2 2010 | 2009-11-30 | 4.10% | — |
| Q1 2010 | 2009-08-31 | 5.77% | — |
Nike return on equity trends
Over the last five fiscal years, Nike's return on equity decreased from 55.01% to 22.14%, a change of −32.87 percentage points. The latest reported quarter, Q4 2026, shows 7.38%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nike source filings ↗