NIKE, Inc.

NKE · Materials · FY2026 filings · · Not rated ·

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We don't have enough comparable filing data to score at least four of the five filters for NKE, so we don't publish a composite. Missing: returnsOnCapital, balanceSheet. No composite: 2 components abstained (returnsOnCapital: Not enough years of ROIC data to score returns on capital.; balanceSheet: Insufficient leverage/coverage inputs to score the balance sheet.).

20 years of fundamentals

The business, in plain English

NIKE, Inc. booked $46.4B of revenue in FY2026 in the Materials sector and kept 42.9% of it as gross profit — a solid-margin business by that measure. After every other cost, 6.7% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $18.6B (FY2008) to $46.4B (FY2026) — about 5.2% a year compounded over 18 years.

The balance sheet carried $7.9B of total debt in FY2026 against $3.2B of owner earnings — roughly 2.5 years of owner earnings to retire it all.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2007–FY2026 · 20 fiscal years, normalized from NKE’s SEC filings

Sales, as filed$46.4B FY2026
$0$20B$40B2007201420212026
Revenue kept after cost of goods42.9% FY2026
0%20%40%2007201420212026
Standard ROIC or separately labeled Operating ROIC

Exact FY and FY-1 financing invested-capital inputs are required.. Current-year EBIT, tax expense, and non-zero pretax income are required for standard ROIC.

Exact FY and FY-1 financing invested-capital inputs are required.. Current-year EBIT, tax expense, and non-zero pretax income are required for standard ROIC.

Cash an owner could take out$3.2B FY2026
$0$2.5B$5B2007201420212026

The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Visual explainers

The filing-backed explainer service is temporarily unavailable, so no partial or guessed chart is shown.

Moat Score history

20 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale

No composite readings yet — NKE’s filings don’t give the engine enough comparable data to score, and we log that honestly instead of guessing a number.

Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars

  1. Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
  2. Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
  3. Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026
  4. Methodology upgraded moat-index@1.1.0tomoat-index@1.2.0 — readings across versions aren’t comparedJul 17, 2026

Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

Records still being gathered — partial as of retrieval Sep 5, 2026.

3 filings were skipped because the SEC primary document returned 404; the omission is disclosed and aggregates are withheld.

Among the rows shown, A/F/M acquisition, payment or withholding, and exercise or conversion rows outnumber S sale rows (28 versus 5). The filing codes alone do not establish that every such row arose from a compensation plan.

Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.

InsiderShares owned afterDateFiling detail
Nielsen JohannaVP: CORP CONTROLLERGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock11,893Grant, award, or other acquisition (A)16,235.7912Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 11,893 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 16,235.7912 ·
Nielsen JohannaVP: CORP CONTROLLERPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock263$39.06$10,27315,972.7912Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 263 shares at $39.06 · code F · owned after 15,972.7912 ·
Hill ElliottDirector, PRESIDENT & CEOGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock108,400Grant, award, or other acquisition (A)383,191.586Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 108,400 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 383,191.586 ·
Hill ElliottDirector, PRESIDENT & CEOPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock9,462$39.06$369,586373,729.586Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 9,462 shares at $39.06 · code F · owned after 373,729.586 ·
Hill ElliottDirector, PRESIDENT & CEOGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)395,570Grant, award, or other acquisition (A)395,570Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 395,570 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 395,570 ·
Alagirisamy VenkateshEVP: CHIEF OPERATING OFFICERGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock37,166Grant, award, or other acquisition (A)111,985.9272Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 37,166 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 111,985.9272 ·
Alagirisamy VenkateshEVP: CHIEF OPERATING OFFICERPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock3,453$39.06$134,874108,532.9272Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 3,453 shares at $39.06 · code F · owned after 108,532.9272 ·
Alagirisamy VenkateshEVP: CHIEF OPERATING OFFICERGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)135,624Grant, award, or other acquisition (A)135,624Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 135,624 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 135,624 ·
Denton David MEVP: CFOGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock71,234Grant, award, or other acquisition (A)71,234Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 71,234 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 71,234 ·
Denton David MEVP: CFOGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)259,946Grant, award, or other acquisition (A)259,946Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 259,946 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 259,946 ·
PARKER MARK GDirector, EXECUTIVE CHAIRMANGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)180,832Grant, award, or other acquisition (A)180,832Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 180,832 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 180,832 ·
Heinle TreasureEVP: CHIEF PEOPLE OFFICERGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock34,069Grant, award, or other acquisition (A)94,165.4162Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 34,069 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 94,165.4162 ·
Heinle TreasureEVP: CHIEF PEOPLE OFFICERPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock3,430$39.06$133,97690,735.4162Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 3,430 shares at $39.06 · code F · owned after 90,735.4162 ·
Heinle TreasureEVP: CHIEF PEOPLE OFFICERGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)124,322Grant, award, or other acquisition (A)124,322Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 124,322 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 124,322 ·
Montagne AmyPRESIDENT, NIKEGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock30,972Grant, award, or other acquisition (A)88,407.9272Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 30,972 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 88,407.9272 ·
Montagne AmyPRESIDENT, NIKEPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock2,647$39.06$103,39285,760.9272Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 2,647 shares at $39.06 · code F · owned after 85,760.9272 ·
Montagne AmyPRESIDENT, NIKEGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)113,020Grant, award, or other acquisition (A)113,020Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 113,020 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 113,020 ·
McCartney PhilipEVP: CHIEF INN,PROD&DSG OFCRGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock30,972Grant, award, or other acquisition (A)83,086.9272Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 30,972 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 83,086.9272 ·
McCartney PhilipEVP: CHIEF INN,PROD&DSG OFCRPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock2,407$39.06$94,01780,679.9272Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 2,407 shares at $39.06 · code F · owned after 80,679.9272 ·
McCartney PhilipEVP: CHIEF INN,PROD&DSG OFCRGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)113,020Grant, award, or other acquisition (A)113,020Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 113,020 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 113,020 ·
Leinwand RobertEVP: Chief Legal OfficerGrant, award, or other acquisition (A)Table I · Acquired · Class B Common Stock34,069Grant, award, or other acquisition (A)94,834.159Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 34,069 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 94,834.159 ·
Leinwand RobertEVP: Chief Legal OfficerPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock3,430$39.06$133,97691,404.159Sep 1, 2026
1 filed lot
  • Table I · Class B Common Stock: 3,430 shares at $39.06 · code F · owned after 91,404.159 ·
Leinwand RobertEVP: Chief Legal OfficerGrant, award, or other acquisition (A)Table II · Acquired · Non-Qualified Stock Option (Right to Buy)124,322Grant, award, or other acquisition (A)124,322Sep 1, 2026
1 filed lot
  • Table II · Non-Qualified Stock Option (Right to Buy): 124,322 shares at — (Grant, award, or other acquisition (A)) · code A · owned after 124,322 ·
PARKER MARK GDirector, EXECUTIVE CHAIRMANGift (G)Table I · Disposed · Class B Common Stock11,386Gift (G)613,999Aug 14, 2026
1 filed lot
  • Table I · Class B Common Stock: 11,386 shares at — (Gift (G)) · code G · owned after 613,999 ·
Montagne AmyPRESIDENT, NIKEOpen-market or private sale (S)Table I · Disposed · Class B Common Stock4,867$42.05$204,65757,435.9272Aug 7, 2026
1 filed lot
  • Table I · Class B Common Stock: 4,867 shares at $42.05 · code S · owned after 57,435.9272 ·
Leinwand RobertEVP: Chief Legal OfficerOpen-market or private sale (S)Table I · Disposed · Class B Common Stock821$41.60$34,15460,765.159Aug 5, 2026
1 filed lot
  • Table I · Class B Common Stock: 821 shares at $41.60 · code S · owned after 60,765.159 ·
Alagirisamy VenkateshEVP: CHIEF OPERATING OFFICEROpen-market or private sale (S)Table I · Disposed · Class B Common Stock890$41.60$37,02474,819.9272Aug 5, 2026
1 filed lot
  • Table I · Class B Common Stock: 890 shares at $41.60 · code S · owned after 74,819.9272 ·
McCartney PhilipEVP: CHIEF INN,PROD&DSG OFCROpen-market or private sale (S)Table I · Disposed · Class B Common Stock524$41.60$21,79852,114.9272Aug 5, 2026
1 filed lot
  • Table I · Class B Common Stock: 524 shares at $41.60 · code S · owned after 52,114.9272 ·
Friend MatthewEVP: CFOOpen-market or private sale (S)Table I · Disposed · Class B Common Stock2,463$41.60$102,46182,165.1024Aug 5, 2026
1 filed lot
  • Table I · Class B Common Stock: 2,463 shares at $41.60 · code S · owned after 82,165.1024 ·
Montagne AmyPRESIDENT, NIKEPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock578$41.71$24,10862,302.9272Aug 3, 2026
1 filed lot
  • Table I · Class B Common Stock: 578 shares at $41.71 · code F · owned after 62,302.9272 ·
Leinwand RobertEVP: Chief Legal OfficerPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock413$41.71$17,22661,586.159Aug 3, 2026
1 filed lot
  • Table I · Class B Common Stock: 413 shares at $41.71 · code F · owned after 61,586.159 ·
McCartney PhilipEVP: CHIEF INN,PROD&DSG OFCRPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock494$41.71$20,60552,638.9272Aug 3, 2026
1 filed lot
  • Table I · Class B Common Stock: 494 shares at $41.71 · code F · owned after 52,638.9272 ·
Alagirisamy VenkateshEVP: CHIEF OPERATING OFFICERPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock837$41.71$34,91175,709.9272Aug 3, 2026
1 filed lot
  • Table I · Class B Common Stock: 837 shares at $41.71 · code F · owned after 75,709.9272 ·
Friend MatthewEVP: CFOPayment of exercise price or tax liability (F)Table I · Disposed · Class B Common Stock1,239$41.71$51,67984,628.1024Aug 3, 2026
1 filed lot
  • Table I · Class B Common Stock: 1,239 shares at $41.71 · code F · owned after 84,628.1024 ·
PARKER MARK GDirector, EXECUTIVE CHAIRMANGift (G)Table I · Disposed · Class B Common Stock22,230Gift (G)625,385May 14, 2026
1 filed lot
  • Table I · Class B Common Stock: 22,230 shares at — (Gift (G)) · code G · owned after 625,385 ·

Source-event as of . Retrieved .

Materials context

Not ranked — NKE doesn’t have enough comparable filing data for a composite score, so we don’t place it on the board.

Materials leaders by Moat Score

  1. #1DECK DECKERS OUTDOOR CORP90.3 out of 100, Wide moatWide moat
  2. #2TPR Tapestry, Inc.90.0 out of 100, Wide moatWide moat
  3. #3WDFC WD-40 COMPANY88.5 out of 100, Wide moatWide moat

All Materials companies on the Index →

Common questions about NKE

Does NIKE, Inc. have an economic moat?
We don't publish a Moat Score for NIKE, Inc. (NKE): its SEC filings don't provide enough comparable data to score at least four of the five filters, and the Index records each gap rather than a guessed number. Missing inputs: returns on capital, balance-sheet safety.
How has NKE's Moat Score changed over time?
The record logs 20 readings since Jul 17, 2026, none with a composite — NKE hasn't had enough comparable filing data to score. No tier changes on record yet. (Methodology or normalizer upgrades on Jul 17, 2026, Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.