NKE
NIKE, Inc.
NKE has the edge over UFI overall, supported by stronger valuation and lower modeled downside.
UFI
Unifi, Inc.
UFI offers stronger modeled upside, 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.
UFI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Under pressure |
UFI's cash flow is currently healthy, and its revenue and profitability are stable, but its balance sheet is under pressure.
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's PE is in its cheap range at 18x. On analysts' estimates for next year's earnings, today's price would be 30x, in its fair range.
UFI PE Valuation
UFI has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 31x 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.
UFI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
UFI has the edge over NKE on the outlook, with more favorable earnings and revenue 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 UFI on earnings quality, reporting a profit while its opponent remains loss making.
UFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.22 | — |
| Q3 2026 | -$0.82 | +$0.52 |
| Q2 2026 | -$1.33 | -$0.19 |
| Q1 2026 | -$0.45 | +$1.73 |
| Q4 2025 | -$1.25 | +$0.58 |
| Q3 2025 | -$1.34 | +$0.97 |
| Q2 2025 | -$1.14 | +$1.48 |
| Q1 2025 | -$2.18 | +$1.07 |
| Q4 2024 | -$1.83 | +$1.14 |
UFI is still losing money, but far less than before: $0.82 per share over the past year, against $3.25 at its worst in early 2024.
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 has the edge over UFI on sales, with more consistent year-over-year improvement.
| 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 UFI on profitability, with a higher operating margin.
UFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $127.9M | -5.7% |
| Q2 2026 | $144.2M | +4.1% |
| Q1 2026 | $130M | -11% |
| Q4 2025 | $121.4M | -13% |
| Q3 2025 | $135.7M | -7.9% |
| Q2 2025 | $138.5M | -12% |
| Q1 2025 | $146.6M | -1.6% |
| Q4 2024 | $138.9M | +1.4% |
UFI's revenue has slid since its 2022 peak: $128M last quarter, down 5.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0% | +7.1 points |
| Q2 2026 | 1.6% | -9.3 points |
| Q1 2026 | -0.1% | +9.4 points |
| Q4 2025 | -6% | -0.5 points |
| Q3 2025 | -7.1% | -4.9 points |
| Q2 2025 | 11% | +11 points |
| Q1 2025 | -9.5% | -4.8 points |
| Q4 2024 | -5.5% | +7.4 points |
UFI's operating margin was −0% last quarter, up 7.1 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.
UFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.5M | +$13.4M |
| Q2 2026 | $1M | +$4.9M |
| Q1 2026 | $7.2M | +$15.2M |
| Q4 2025 | $24.2M | +$29.3M |
| Q3 2025 | -$10.9M | +$3.9M |
| Q2 2025 | -$3.9M | -$2.2M |
| Q1 2025 | -$8M | -$4M |
| Q4 2024 | -$5.1M | +$2.6M |
UFI 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 the edge over UFI on shareholder dilution, with a more favorable share count trend.
| 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.
UFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +100K shares |
| 1 year | +1.2% | +227K shares |
| 3 years | +2.8% | +504K shares |
| 5 years | -2.2% | -409K shares |
| Available history | -1% | -184K shares |
UFI has 19M diluted shares, up 1.2% from a year ago.
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 UFI on leverage, with a lower net debt burden relative to earnings.
UFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.5x | Elevated |
| Q2 2026 | 7.2x | High |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 8.7x | High |
| Q3 2025 | 11.4x | High |
| Q2 2025 | 5.4x | High |
| Q1 2025 | 197.4x | High |
| Q4 2024 | 14.5x | High |
UFI's net debt is about 3.5 years of its operating earnings (EBITDA), down from 11 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).
UFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.6 | Neutral |
| Stochastic | 24.9 | Neutral |
UFI's weekly RSI is 60 (neutral) and its Stochastic is 25 (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 is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
UFI PE vs Consumer Cyclical Sector
| Metric | UFI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
UFI has no meaningful PE right now: it lost money over the past year.
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.
UFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.10 | 10% above |
| 20 week MA | $6.40 | 5.3% above |
| 50 week MA | $4.86 | 39% above |
| 100 week MA | $4.88 | 38% above |
| 200 week MA | $5.87 | 15% above |
UFI 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.
UFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.0 | $17.1 | -32% |
| 2021 | $17.1 | $22.8 | +33% |
| 2022 | $22.8 | $7.91 | -65% |
| 2023 | $7.91 | $6.66 | -16% |
| 2024 | $6.66 | $5.71 | -14% |
| 2025 | $5.71 | $3.38 | -41% |
| 2026 YTD | $3.38 | $6.74 | +99% |
UFI has the edge over NKE on returns for 2026, with the stronger performance.