NKE
NIKE, Inc.
NKE has slightly lower modeled downside risk, despite its lower overall score.
VFC
V.F. Corporation
VFC has the 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.
VFC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Under pressure |
VFC's profitability and cash flow are currently healthy, and its revenue is 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 has the edge over VFC in the historical PE scenario, which offers more potential upside but is not a forecast.
VFC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $20.03 | — |
| Cheap | 17x | $15.91 | -21% |
| Current | 22x | $20.03 | — |
| Fair | 27x | $24.83 | +24% |
| Expensive | 63x | $58.30 | +191% |
Historical ranges are pointers, not guarantees.
VFC's PE is in its cheap range at 22x. If earnings grow as analysts expect, today's price would be 16x 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.
VFC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
VFC 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's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
VFC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.22 | +32% |
| Q3 2026 | $0.93 | +288% |
| Q2 2026 | $0.69 | +$0.80 |
| Q1 2026 | $0.64 | +$1.12 |
| Q4 2025 | $0.57 | +$1.75 |
| Q3 2025 | $0.24 | +$1.96 |
| Q2 2025 | -$0.11 | +$2.90 |
| Q1 2025 | -$0.48 | +$2.01 |
| Q4 2024 | -$1.18 | +$0.79 |
VFC has the edge over NKE on earnings, with more consistent year-over-year improvement.
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 VFC on sales, with stronger typical year-over-year growth.
| 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.
VFC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.7B | -3.8% |
| Q2 2026 | $1.7B | -5.2% |
| Q1 2026 | $2.2B | +1% |
| Q4 2025 | $2.9B | +1.5% |
| Q3 2025 | $2.8B | +1.6% |
| Q2 2025 | $1.8B | -7.7% |
| Q1 2025 | $2.1B | -9.7% |
| Q4 2024 | $2.8B | -4.3% |
VFC's revenue fell from its 2022 peak and has held roughly level since: $2.7B last quarter, down 3.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +2.5 points |
| Q2 2026 | -5% | -0.1 points |
| Q1 2026 | 2.8% | +6.2 points |
| Q4 2025 | 10% | +2.1 points |
| Q3 2025 | 11% | +1.2 points |
| Q2 2025 | -4.9% | +7.7 points |
| Q1 2025 | -3.4% | +12 points |
| Q4 2024 | 8% | +9.1 points |
VFC 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.
VFC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$190.7M | +$62.9M |
| Q2 2026 | -$102.1M | +$71.6M |
| Q1 2026 | $5.9M | +$198.9M |
| Q4 2025 | $977.9M | +8.7% |
| Q3 2025 | -$253.5M | +$68.8M |
| Q2 2025 | -$173.7M | -$168.3M |
| Q1 2025 | -$193M | -$75.7M |
| Q4 2024 | $899.7M | -18% |
VFC 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 VFC 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.
VFC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +7.6M shares |
| 1 year | +1.4% | +5.7M shares |
| 3 years | +2.9% | +11.3M shares |
| 5 years | +1.4% | +5.7M shares |
| Available history | -0.2% | -642K shares |
VFC has 400M diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2023 | — |
| Q1 2022 | $50M |
| Q1 2021 | — |
| Q1 2020 | $500M |
| Q4 2019 | $500M |
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 VFC on leverage, with a lower net debt burden relative to earnings.
VFC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.5x | Elevated |
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.7x | Elevated |
| Q3 2025 | 6.5x | High |
| Q2 2025 | 6.5x | High |
| Q1 2025 | 7.9x | High |
| Q4 2024 | 18.4x | High |
VFC's net debt is about 3.5 years of its operating earnings (EBITDA), down from 6.5 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).
VFC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.5 | Neutral |
| Stochastic | 90.4 | Overbought |
VFC's weekly RSI is 66 (neutral) and its Stochastic is 90 (overbought).
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 VFC on valuation relative to its sector.
VFC PE vs Consumer Cyclical Sector
| Metric | VFC | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 20% above |
| PE % | 31 | 47 | 16 pts below |
VFC is trading at 22x earnings, a 20% 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.
VFC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.0 | 18% above |
| 20 week MA | $15.8 | 27% above |
| 50 week MA | $17.4 | 15% above |
| 100 week MA | $16.7 | 20% above |
| 200 week MA | $17.5 | 14% above |
VFC 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.
VFC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $100.0 | $83.9 | -16% |
| 2021 | $83.9 | $69.5 | -17% |
| 2022 | $69.5 | $26.1 | -62% |
| 2023 | $26.1 | $18.8 | -28% |
| 2024 | $18.8 | $21.8 | +16% |
| 2025 | $21.8 | $18.5 | -15% |
| 2026 YTD | $18.5 | $20.0 | +8.3% |
VFC has the edge over NKE on returns for 2026, with the stronger performance.