NKE
NIKE, Inc.
NKE offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
SBUX
Starbucks Corporation
SBUX has a slight edge over NKE overall, supported by stronger modeled upside and stronger fundamentals.
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.
SBUX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Healthy |
SBUX's profitability, cash flow and balance sheet are currently healthy, and its revenue is 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 SBUX in the historical PE scenario, which offers more potential upside but is not a forecast.
SBUX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 25x | $54.72 | -49% |
| Fair | 32x | $71.35 | -33% |
| Forward | 33x | $107 | — |
| Current | 49x | $107 | — |
| Expensive | 78x | $172 | +60% |
Historical ranges are pointers, not guarantees.
SBUX's PE is in its expensive range at 49x. If earnings grow as analysts expect, today's price would be 33x next year's earnings, in its fair range.
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.
SBUX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
SBUX has the edge over NKE on the outlook, with more favorable valuation and earnings expectations.
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 has the edge over SBUX on earnings, with stronger typical year-over-year growth.
SBUX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.23 | +46% |
| Q3 2026 | $2.21 | +36% |
| Q2 2026 | $1.73 | -25% |
| Q1 2026 | $1.31 | -53% |
| Q4 2025 | $1.20 | -61% |
| Q3 2025 | $1.63 | -51% |
| Q2 2025 | $2.32 | -35% |
| Q1 2025 | $2.76 | -24% |
| Q4 2024 | $3.10 | -17% |
SBUX's earnings per share have fallen from their peak: $2.21 over the past year, against $3.74 in late 2023.
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.
SBUX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $9.1B | -4.5% |
| Q2 2026 | $9.3B | -1.4% |
| Q1 2026 | $9.5B | +8.8% |
| Q4 2025 | $9.9B | +5.5% |
| Q3 2025 | $9.6B | +5.5% |
| Q2 2025 | $9.5B | +3.8% |
| Q1 2025 | $8.8B | +2.3% |
| Q4 2024 | $9.4B | -0.3% |
SBUX has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +7.9 points |
| Q2 2026 | 11% | +0.6 points |
| Q1 2026 | 8.7% | +1.8 points |
| Q4 2025 | 9% | -3 points |
| Q3 2025 | 2.9% | -12 points |
| Q2 2025 | 9.9% | -6.8 points |
| Q1 2025 | 6.9% | -6 points |
| Q4 2024 | 12% | -3.8 points |
SBUX has the edge over NKE on profitability, with a higher operating margin.
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.
SBUX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1B | +8.9% |
| Q2 2026 | $1.4B | +211% |
| Q1 2026 | $91.8M | +$389M |
| Q4 2025 | $1.3B | -7.6% |
| Q3 2025 | $925.8M | +26% |
| Q2 2025 | $434.3M | -54% |
| Q1 2025 | -$297.2M | -$144.1M |
| Q4 2024 | $1.4B | -23% |
SBUX has the edge over NKE on cash flow, with more consistent year-over-year improvement.
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.
SBUX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -400K shares |
| 1 year | +0.3% | +3.6M shares |
| 3 years | -0.7% | -7.9M shares |
| 5 years | -3.6% | -42.1M shares |
| Available history | -4% | -47.6M shares |
SBUX has 1.1B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | $1.3B |
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 SBUX on leverage, with a lower net debt burden relative to earnings.
SBUX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.9x | Moderate |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.8x | Healthy |
SBUX's net debt is about 1.8 years of its operating earnings (EBITDA), down from 2.8 years 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).
SBUX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.1 | Neutral |
| Stochastic | 75.9 | Neutral |
SBUX's weekly RSI is 59 (neutral) and its Stochastic is 76 (neutral).
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 SBUX on valuation relative to its sector.
SBUX PE vs Consumer Cyclical Sector
| Metric | SBUX | Sector median | Relative |
|---|---|---|---|
| PE | 49x | 18x | 169% above |
| PE % | 70 | 47 | 23 pts above |
SBUX is trading at 49x earnings, a 169% premium to the Consumer Cyclical sector's median of 18x.
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.
SBUX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $99.4 | 7.9% above |
| 20 week MA | $102.3 | 4.8% above |
| 50 week MA | $98.4 | 9% above |
| 100 week MA | $94.8 | 13% above |
| 200 week MA | $94.9 | 13% above |
SBUX has the edge over NKE on trend strength, trading above more of its moving averages.
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.
SBUX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $88.1 | $102.0 | +16% |
| 2021 | $102.0 | $112.4 | +10% |
| 2022 | $112.4 | $98.3 | -13% |
| 2023 | $98.3 | $96.0 | -2.3% |
| 2024 | $96.0 | $92.3 | -3.9% |
| 2025 | $92.3 | $85.1 | -7.8% |
| 2026 YTD | $85.1 | $107.3 | +26% |
SBUX has the edge over NKE on returns for 2026, with the stronger performance.