NKE
NIKE, Inc.
NKE has the edge over SAH overall, supported by stronger valuation and lower modeled downside.
SAH
Sonic Automotive, Inc.
SAH offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
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.
SAH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Stable |
SAH's profitability is currently healthy, and its revenue, cash flow and balance sheet are stable.
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 SAH in the historical PE scenario, which offers more potential upside but is not a forecast.
SAH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.7x | $35.57 | -41% |
| Forward | 9.1x | $60.18 | — |
| Current | 9.6x | $60.18 | — |
| Fair | 11x | $66.57 | +11% |
| Expensive | 18x | $110 | +83% |
Historical ranges are pointers, not guarantees.
SAH's PE is in its fair range at 9.6x. If earnings grow as analysts expect, today's price would be 9.1x next year's earnings.
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.
SAH Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect SAH's earnings to grow, with its revenue and profitability holding steady.
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.
SAH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.62 | +6% |
| Q3 2026 | $6.25 | +69% |
SAH has the edge over NKE in the latest year-over-year earnings comparison.
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 has the edge over SAH on profitability, with a higher operating margin.
SAH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4B | +0.4% |
| Q2 2026 | $3.9B | +7.6% |
| Q1 2026 | $3.7B | +1% |
| Q4 2025 | $3.9B | -0.6% |
SAH has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 3.4% | +4 points |
| Q1 2026 | 3.6% | -0.4 points |
| Q4 2025 | 3.2% | -0.3 points |
| Q3 2025 | 3.1% | N/A |
| Q2 2025 | -0.6% | N/A |
| Q1 2025 | 4% | N/A |
| Q4 2024 | 3.4% | N/A |
SAH's operating margin was 3.4% last quarter, up 4 points from the same quarter a year ago.
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.
SAH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$217.8M | -312% |
| Q1 2026 | -$1.5M | -101% |
| Q4 2025 | $329.4M | -22% |
SAH has the edge over NKE in the latest year-over-year cash flow comparison.
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.
SAH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.6% | -1.9M shares |
| 1 year | -5.9% | -2M shares |
SAH has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $6.3M |
| Q1 2026 | $135.7M |
| Q4 2025 | $126.5M |
| Q3 2025 | — |
| Q2 2025 | $8.8M |
| Q1 2025 | $35.3M |
| Q4 2024 | $61.5M |
SAH spent $269M buying back its own shares over the past year.
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 has the edge over SAH on leverage, with a lower net debt burden relative to earnings.
SAH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 3.3x | Elevated |
| Q4 2025 | 3.0x | Elevated |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.5x | Moderate |
SAH's net debt is about 2.6 years of its operating earnings (EBITDA), about the same as a year ago.
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).
SAH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.2 | Neutral |
| Stochastic | 8.4 | Oversold |
SAH's weekly RSI is 37 (neutral) and its Stochastic is 8 (oversold).
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
SAH PE vs Consumer Cyclical Sector
| Metric | SAH | Sector median | Relative |
|---|---|---|---|
| PE | 9.6x | 18x | 47% below |
| PE % | 36 | 47 | 11 pts below |
SAH has the edge over NKE on valuation relative to its sector.
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 the edge over SAH on trend strength, trading above more of its moving averages.
SAH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.3 | 3.4% below |
| 20 week MA | $75.5 | 20% below |
| 50 week MA | $71.5 | 16% below |
| 100 week MA | $70.8 | 15% below |
| 200 week MA | $62.2 | 3.3% below |
SAH is in a downtrend: it's below all five of its weekly moving averages, and 3.3% below its 200-week average.
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.
SAH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.6 | $38.2 | +25% |
| 2021 | $38.2 | $48.3 | +27% |
| 2022 | $48.3 | $47.5 | -1.8% |
| 2023 | $47.5 | $56.2 | +18% |
| 2024 | $56.2 | $63.6 | +13% |
| 2025 | $63.6 | $64.3 | +1.1% |
| 2026 YTD | $64.3 | $60.2 | -6.4% |
SAH has the edge over NKE on returns for 2026, with the stronger performance.