NIKE, Inc. (NKE) Return on Invested Capital (ROIC): 11.57%
Is NIKE, Inc.’s return on invested capital (ROIC) high or low?
NIKE, Inc.'s return on invested capital (ROIC) of 11.57% is 30% below its 5-year average of 16.54%, near the low end of its 5-year range (11.53%–20.90%).
The return on invested capital (ROIC) for NIKE, Inc. (NKE) is 11.57% as of Wednesday, June 10, 2026. It is below its 12-month average by 23.07% (15.04%).
NKE Return on Invested Capital (ROIC) Chart
NKE Average Return on Invested Capital (ROIC) Chart
NKE Current vs Average Return on Invested Capital (ROIC) Chart
NKE Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
11.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
16.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
18.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
18.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
18.45%
CURRENT VS TTM AVG
-23.07%
CURRENT VS 3Y AVG
-30.73%
CURRENT VS 5Y AVG
-30.05%
CURRENT VS 10Y AVG
-37.26%
CURRENT VS 15Y AVG
-37.49%
CURRENT VS 20Y AVG
-37.30%
NKE Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NIKE, Inc. (NKE) | — | 11.57% | 15.04% | 16.70% | 16.54% |
| General Motors Company (GM) | $71.59B | 1.16% | 2.58% | 3.32% | 3.26% |
| Ford Motor Company (F) | $56.36B | 0.75% | 1.26% | 1.78% | 1.23% |
| Ross Stores, Inc. (ROST) | $74.06B | 17.10% | 16.96% | 16.07% | 14.27% |
| Airbnb, Inc. (ABNB) | $76.62B | 19.16% | 18.93% | 18.27% | 2.36% |
| Hilton Worldwide Holdings Inc. (HLT) | $76.74B | 11.29% | 13.84% | 13.21% | 9.40% |
| MercadoLibre, Inc. (MELI) | $81.30B | 11.78% | 14.75% | 13.57% | 9.51% |
| eBay Inc. (EBAY) | $48.06B | 14.36% | 13.88% | 11.58% | 11.14% |
| Yum! Brands, Inc. (YUM) | $41.77B | 28.26% | 30.98% | 34.86% | 35.06% |
| Chipotle Mexican Grill, Inc. (CMG) | $39.13B | 18.97% | 18.28% | 16.75% | 13.86% |
Capital Efficiency
ROIC
11.6%
ROE
16.0%
NIKE, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NIKE, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The return on invested capital (ROIC) for NKE stock is 11.57%.
- Is NIKE, Inc.'s return on invested capital (ROIC) high or low?
- NIKE, Inc.'s return on invested capital (ROIC) of 11.57% is 30% below its 5-year average of 16.54%, near the low end of its 5-year range (11.53%–20.90%).
- What is the TTM average return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The TTM average return on invested capital (ROIC) for NKE stock is 15.04%.
- What is the 3Y average return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The 3Y average return on invested capital (ROIC) for NKE stock is 16.70%.
- What is the 5Y average return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The 5Y average return on invested capital (ROIC) for NKE stock is 16.54%.
- What is the 10Y average return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The 10Y average return on invested capital (ROIC) for NKE stock is 18.44%.
- What is the 15Y average return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The 15Y average return on invested capital (ROIC) for NKE stock is 18.51%.
- What is the 20Y average return on invested capital (ROIC) for NIKE, Inc. (NKE)?
- The 20Y average return on invested capital (ROIC) for NKE stock is 18.45%.
NIKE, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-05-31 | 11.57% |
| 2024-05-31 | 18.51% |
| 2023-05-31 | 16.85% |
| 2022-05-31 | 19.88% |
| 2021-05-31 | 20.90% |
| 2020-05-31 | 11.53% |
| 2019-05-31 | 25.24% |
| 2018-05-31 | 11.80% |
| 2017-05-31 | 22.75% |
| 2016-05-31 | 22.79% |
| 2015-05-31 | 21.04% |
| 2014-05-31 | 20.35% |
| 2013-05-31 | 17.74% |
| 2012-05-31 | 19.60% |
| 2011-05-31 | 18.87% |
| 2010-05-31 | 16.73% |
| 2009-05-31 | 18.03% |
| 2008-05-31 | 19.68% |
| 2007-05-31 | 17.55% |
| 2006-05-31 | 18.17% |
| 2005-05-31 | 17.96% |
| 2004-05-31 | 16.76% |
| 2003-05-31 | 15.94% |
| 2002-05-31 | 13.59% |
| 2001-05-31 | 13.26% |
| 2000-05-31 | 13.23% |
| 1999-05-31 | 12.28% |
| 1998-05-31 | 12.66% |
| 1997-05-31 | 20.93% |
| 1996-05-31 | 20.43% |
Related Metrics
About NIKE, Inc.
NIKE, Inc., through its various subsidiaries, operates as a global enterprise focused on the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories for all ages and genders. Beyond its primary offerings, the company provides a range of athletic and casual footwear, clothing, and accessories under the notable Jumpman trademark. It also distributes a variety of casual sneakers, apparel, and accessories, featuring well-known brands like Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell. Under the NIKE brand itself, the company supplies a comprehensive line of performance sports gear and accessories, such as bags, socks, sports balls, eyewear, timepieces, digital devices, bats, gloves, and protective equipment. Additionally, NIKE sells various plastic products to other manufacturers. The company also markets sportswear adorned with licensed logos from college and professional sports teams and leagues. Furthermore, it engages in licensing arrangements, allowing unaffiliated parties to manufacture and sell apparel, digital devices, applications, and other sports equipment under NIKE-owned trademarks. Its extensive product catalog reaches consumers globally through diverse channels, including specialized footwear, sporting goods, athletic specialty, department, skate, tennis, and golf stores. Distribution occurs via NIKE's proprietary retail outlets, digital e-commerce platforms, independent distributors, authorized licensees, and sales representatives. Founded in 1964, the company was originally named Blue Ribbon Sports, Inc., before officially becoming NIKE, Inc. in 1971, and maintains its corporate headquarters in Beaverton, Oregon.
- Sector
- Consumer Cyclical
- Industry
- Apparel - Footwear & Accessories
- CEO
- Elliott J. Hill