FIVE
Five Below, Inc.
FIVE has the edge over NKE overall, supported by stronger fundamentals and stronger modeled upside.
NKE
NIKE, Inc.
NKE has slightly lower modeled downside risk, despite its lower overall score.
FIVE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
FIVE's revenue, profitability, cash flow and balance sheet are all currently healthy.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
FIVE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 22x | $247 | — |
| Cheap | 23x | $252 | +2.1% |
| Forward | 24x | $247 | — |
| Fair | 35x | $390 | +58% |
| Expensive | 49x | $546 | +121% |
Historical ranges are pointers, not guarantees.
FIVE's PE is in its cheap range at 22x. On analysts' estimates for next year's earnings, today's price would be 24x.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE has the edge over FIVE in the historical PE scenario, which offers more potential upside but is not a forecast.
FIVE Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| High |
FIVE has the edge over NKE on the outlook, with more favorable earnings and revenue expectations.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
FIVE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.31 | -7.5% |
| Q3 2026 | $11.15 | +126% |
| Q2 2026 | $7.93 | +66% |
| Q1 2026 | $6.47 | +41% |
| Q4 2025 | $5.57 | +15% |
| Q3 2025 | $4.94 | -2.8% |
| Q2 2025 | $4.77 | -10% |
| Q1 2025 | $4.59 | -15% |
| Q4 2024 | $4.85 | +0.2% |
FIVE has the edge over NKE on earnings, with more consistent year-over-year improvement.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
FIVE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +23% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.7B | +24% |
| Q4 2025 | $1B | +23% |
| Q3 2025 | $1B | +24% |
| Q2 2025 | $970.5M | +20% |
| Q1 2025 | $1.4B | +4% |
| Q4 2024 | $843.7M | +15% |
FIVE has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +17 points |
| Q2 2026 | 12% | +6.8 points |
| Q1 2026 | 18% | +0.3 points |
| Q4 2025 | 4.2% | +4.2 points |
| Q3 2025 | 5.1% | +0.1 points |
| Q2 2025 | 5.2% | +0.8 points |
| Q1 2025 | 18% | -2.3 points |
| Q4 2024 | -0.1% | -2.3 points |
FIVE has the edge over NKE on profitability, with a higher operating margin.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE's operating margin was 8.2% last quarter, about level with the same quarter a year ago.
FIVE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $142.3M | +195% |
| Q2 2026 | $190M | +97% |
| Q1 2026 | $400.1M | +28% |
| Q4 2025 | -$133.2M | -$22.2M |
| Q3 2025 | $48.3M | +$80.6M |
| Q2 2025 | $96.5M | +$157.9M |
| Q1 2025 | $311.4M | +2.2% |
| Q4 2024 | -$111M | +$81.9M |
FIVE has the edge over NKE on cash flow, with more consistent year-over-year improvement.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
FIVE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -133K shares |
| 1 year | +0.2% | +85.1K shares |
| 3 years | -0.6% | -327K shares |
| 5 years | -1.5% | -825K shares |
| Available history | -1% | -545K shares |
FIVE has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $13,000 |
| Q4 2024 | — |
| Q3 2024 | $10.1M |
| Q2 2024 | $30.2M |
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
FIVE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.6x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
FIVE has the edge over NKE on leverage, with a lower net debt burden relative to earnings.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE's net debt is less than a year of its operating earnings (EBITDA).
FIVE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.9 | Neutral |
| Stochastic | 66.1 | Neutral |
FIVE's weekly RSI is 61 (neutral) and its Stochastic is 66 (neutral).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
FIVE PE vs Consumer Cyclical Sector
| Metric | FIVE | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 23% above |
| PE % | 16 | 47 | 31 pts below |
FIVE is trading at 22x earnings, a 23% premium to the Consumer Cyclical sector's median of 18x.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE has the edge over FIVE on valuation relative to its sector.
FIVE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $229.1 | 7.9% above |
| 20 week MA | $227.0 | 8.9% above |
| 50 week MA | $215.4 | 15% above |
| 100 week MA | $166.0 | 49% above |
| 200 week MA | $162.4 | 52% above |
FIVE has the edge over NKE on trend strength, trading above more of its moving averages.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
FIVE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $125.4 | $158.9 | +27% |
| 2021 | $158.9 | $193.6 | +22% |
| 2022 | $193.6 | $174.8 | -9.7% |
| 2023 | $174.8 | $213.2 | +22% |
| 2024 | $213.2 | $109.2 | -49% |
| 2025 | $109.2 | $189.9 | +74% |
| 2026 YTD | $189.9 | $247.2 | +30% |
FIVE has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.