Nike vs PVH
Nike is the larger business, with $46.40bn of revenue in fiscal 2026 against $8.95bn for PVH (5.2 times as much). PVH grew faster (3.4% against 0.2%). Nike kept more of each dollar of sales as profit: a net margin of 6.7% against 0.3%. PVH carries less debt relative to equity (48.1% against 53.4%).
| Latest fiscal year | NikeNKE, 2026 | PVHPVH, 2026 |
|---|---|---|
| Revenue | $46.40bn | $8.95bn |
| Revenue growth | 0.2% | 3.4% |
| Net income | $3.11bn | $25.3m |
| Operating margin | — | 2.6% |
| Net margin | 6.7% | 0.3% |
| Return on equity | 22.1% | 0.5% |
| Free cash flow | $2.18bn | $538m |
| Cash | $7.56bn | $702m |
| Total debt | $7.94bn | $2.30bn |
| Debt to equity | 53.4% | 48.1% |
| Dividend per share | $1.63 | $0.15 |
| Dividend yield | 4.2% | 0.2% |
| Share buybacks | $146m | $578m |
| Employees | 73,000 | 26,000 |
| Market value | $56.76bn | $4.22bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 74 (Strong) | 52 (Moderate) |
| Insider trades, 12 months | 9 buys, 11 sales | 1 buys, 3 sales |