Nike (NKE) Dividend Payout Ratio: 1.17 (As of Feb. 2026) — 225% Above Median

Nike NKE -0.37% 68 Dividend Payout Ratio is 1.17 as of Feb. 2026, which is 225% above its 10-year median of 0.36. GuruFocus rates NKE with a GF Score™ of 68/100 and a GF Value™ of $74.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 415 Manufacturing - Apparel & Accessories companies, Nike ranks worse than 85.78% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nike's Dividend Payout Ratio for the months ended in Feb. 2026 was 1.17.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nike Inc is 1.07, which seems too high.

The historical rank and industry rank for Nike's Dividend Payout Ratio or its related term are showing as below:

NKE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.36 Max: 1.07
Current: 1.07

During the past 13 years, the highest Dividend Payout Ratio of Nike was 1.07. The lowest was 0.28. And the median was 0.36.

NKE's Dividend Payout Ratio is ranked worse than
85.78% of 415 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs NKE: 1.07

As of today (2026-06-27), the Dividend Yield % of Nike is 4.01%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nike was 4.08%. The lowest was 0.62%. And the median was 1.13%.

Nike's Dividends per Share for the months ended in Feb. 2026 was $0.41.

During the past 12 months, Nike's average Dividends Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nike was 38.70% per year. The lowest was 0.00% per year. And the median was 15.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Nike (NYSE:NKE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nike Dividend Payout Ratio Related Terms

Nike Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nike's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nike Dividend Payout Ratio Chart

Nike Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

May24

May25

Dividend Payout Ratio

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0.30

0.32

0.41

0.37

0.73

Nike Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.74	2.86	0.82	0.77	1.17

NKE vs DECK, ONON, BIRK: Dividend Payout Ratio Comparison

For the Footwear & Accessories subindustry, Nike's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nike Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nike's Dividend Payout Ratio falls into.

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Nike Dividend Payout Ratio Calculation

Nike's Dividend Payout Ratio for the fiscal year that ended in May. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: May. 2025 )	/	EPS without NRI (A: May. 2025 )
	=	1.57	/	2.16
	=	0.73

Nike's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2026 )	/	EPS without NRI (Q: Feb. 2026 )
	=	0.41	/	0.35
	=	1.17

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.17 mean?

Nike (NKE) has a Dividend Payout Ratio of 1.17 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nike and its competitors. This is 225% above median its historical median of 0.36. Over the past decade, Nike's Dividend Payout Ratio has ranged from 0.28 to 1.07. According to the industry distribution chart, Nike ranks #356 out of 415 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.8%.

Is Nike's Dividend Payout Ratio too high?

Nike's current Dividend Payout Ratio of 1.17 is 225% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.07. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.44. Nike's value of 1.17 is 165.9% above this industry median. Based on the distribution chart, Nike ranks #356 out of 415 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Nike has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Nike's Dividend Payout Ratio compare to DECK and ONON?

According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #356 out of 415 companies for Dividend Payout Ratio. This places Nike in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Nike's value of 1.17 is 165.9% above this benchmark. Historically, Nike's own Dividend Payout Ratio has ranged from 0.28 to 1.07 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.44, Nike has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Manufacturing - Apparel & Accessories company?

The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current Dividend Payout Ratio of 1.17 is 165.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current Dividend Payout Ratio is 1.17, which is 225% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nike stock overvalued right now?

Based on GuruFocus' analysis, Nike (NKE) is currently considered Possible Value Trap. The stock's GF Value™ is $74.89, compared to a current price of $40.75 — trading 45.6% below its estimated fair value. The current Dividend Payout Ratio is 1.17, which is 225% above median its 10-year median of 0.36 and 165.9% above the Manufacturing - Apparel & Accessories industry median of 0.44. Nike's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Nike (NKE), the current Dividend Payout Ratio is 1.17 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nike (NKE) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of $40.75 is trading 45.6% below its estimated GF Value™ of $74.89. GuruFocus considers Nike to be Possible Value Trap.

Key valuation signals for NKE:

Dividend Payout Ratio: 1.17 (225% above median its 10-year median of 0.36)
GF Value™: $74.89 vs. price of $40.75 (45.6% below fair value)
GF Score™: 68/100 with 4 warning signs
Industry Position: 165.9% above the Manufacturing - Apparel & Accessories median (#356 of 415)

No single metric tells the full story. See the NKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nike Business Description

Industry Consumer Cyclical Manufacturing - Apparel & Accessories

Comparable Companies DECK ONON BIRK CROX SHOO WWW DBI FWDI WEYS RCKY XTER:ADS TSE:7936 SHSE:600415 SZSE:300979 XTER:PUM TSE:8050 TSE:7762 HKSE:00551 HKSE:01910 TPE:9904

Other Exchanges NIKE:Poland NKE:Peru NKE:Mexico NKE_KZ:Kazakhstan 1NKE:Italy NKEd:UK 0QZ6:UK NKE:Germany NKE:Chile NKE:Canada NIKE34:Brazil NKE:Bulgaria NKE:Austria NKE:Argentina

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453

Website https://www.nike.com

Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.

68GF Score

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$40.75

Price

$74.89

GF Value

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