Deckers Outdoor Corporation (DECK)
Smaller industry benchmark · 0.21x market cap
Footwear & Accessories
YouTube · Q2 FY2027 · 2026-10-28
NKE · NYSE
Footwear & Accessories · United States
Snapshot 2026-11-11 · Latest financial period 2026-08-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-12-17 (provider estimate; issuer confirmation unavailable here).
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America. The company offers its products under the NIKE, Jordan, Converse, Jumpman, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also provides a line of performance equipment and accessories, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and sports apparel, as well as sells products to wholesale customers and directly to consumers through NIKE Direct operations; distributes and licenses casual sneakers, apparel, and accessories; and markets apparel with licensed college and professional team and league logos. In addition, the company offers consumer services and experiences, including sport focused events and activations; fitness and activity apps; sport, fitness, and wellness content; and digital services and features in retail stores. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other wholesale accounts through NIKE-owned retail stores, independent distributors, licensees, sales representatives, and digital platforms. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in May 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Company websiteQ1 FY2027
Q1 FY2027 REPORT HIGHLIGHTS
NIKE improved gross margin, but weak direct sales, a lower earnings outlook and restructuring cash needs make the recovery price-sensitive.
Gross margin rose to 42.8%, but lower sales left operating profit below the prior-year quarter.
NIKE Direct sales fell 8%, while Greater China revenue fell 22% on a reported basis.
The $2.5 billion savings estimate is cumulative through FY2031, before $1.0 billion of additional charges and reinvestment.
FY2026 free cash flow of $2.184 billion was below $2.407 billion of dividends.
Our $25 central value is below the saved $32.78 post-release reference; a $20 entry review requires the thesis to remain intact.
Comparable businesses
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | NKENIKE, Inc.Snapshot 2026-11-11Financial period: 2026-08-31 | DECKDeckers Outdoor CorporationSnapshot 2026-11-11Financial period: 2026-09-30 | ONONOn Holding AGSnapshot 2026-11-11Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$56.92B | US$11.80B | US$11.61B |
| Forward P/EProvider forward earnings estimate | 24.80x | 10.82x | 16.85x |
| EV / EBITDAEnterprise value / trailing EBITDA | 12.30x | 8.15x | — |
| Revenue growthLatest quarter vs prior-year quarter | -4.3% | 3.5% | 13.5% |
| Operating marginLatest reported quarter | 9.0% | 23.6% | 14.0% |
| Free cash flow yieldTrailing cash flow / market cap | 3.1% | 6.9% | — |
| Net debt / EBITDANet debt / trailing EBITDA | 0.56x | -0.48x | -1.38x |
| Debt / equityTotal debt / positive book equity | 0.73x | 0.23x | 0.29x |
| Trailing P/ETrailing twelve-month earnings | 18.42x | 11.71x | 21.16x |
| Price / bookPrice / positive book equity per share | 3.73x | 5.09x | 5.80x |
| EV / salesEnterprise value / trailing revenue | 1.31x | 2.03x | — |
| Earnings growthLatest quarter vs prior-year quarter | -2.1% | 27.0% | — |
| Gross marginTrailing twelve months | 43.4% | 58.9% | 64.8% |
| Net marginTrailing twelve months | 6.7% | 19.0% | 12.3% |
| Return on equityProvider trailing return; positive equity only | 21.6% | 44.3% | 24.0% |
| Free cash flow marginTrailing free cash flow / revenue | 3.9% | 14.6% | 9.0% |
| Dividend yieldIndicated annual dividend / price | 4.3% | — | — |
| Earnings payoutProvider trailing dividend payout | 78.8% | 0.0% | 0.0% |
| Current ratioCurrent assets / current liabilities | 2.08x | 2.72x | 2.83x |
| BetaProvider historical market sensitivity | 1.03 | 1.11 | 2.08 |
Smaller industry benchmark · 0.21x market cap
Footwear & Accessories
YouTube · Q2 FY2027 · 2026-10-28
YouTube · Q2 2026 · 2026-08-12
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THE RESEARCH RECORD
FREE RESEARCH PACKET · Q1 FY2027
NIKE improved gross margin, but weak direct sales, a lower earnings outlook and restructuring cash needs make the recovery price-sensitive.
Research published October 1, 2026 · Download original report
Read Research PacketPresentation · 2026-10-01 · YouTube
Short takes Q1 FY2027
NKE Stock: Nike’s Reset Has a Cash Bill — Q1 FY2027 #Shorts
Watch Short on YouTube
Presentation · 2026-07-01 · YouTube
Presentation · 2026-07-01 · YouTube
Short takes Q4 FY2026
NKE -31% — 10-year low on a 'beat' #Shorts
Watch Short on YouTube
NKE Q1 2026 earnings analysis · No verified episode link yet.
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