Nike stock split: what it means for traders

Nike’s share price has moved through several split-adjusted cycles since the early 1980s, with the most recent split taking place in 2015. Since then, the company hasn’t announced further plans. With management focused on operational reset initiatives, any decision on share structure appears secondary to near-term execution.

By Dan Mitchell12:08 (UTC), 22 December 2025

Nike stock split — Photo: Shutterstock.com

Nike (NKE) has completed several stock splits over the past four decades, usually after long periods of share price growth. Each split increased the number of outstanding shares and lowered the price per share without changing the company’s market value at the time. While stock splits have historically helped keep Nike’s shares accessible to a wider retail audience, the company hasn’t carried out a split since 2015.

As at December 2025, Nike is prioritising performance stabilisation after a challenging fiscal year, and there’s no indication of another split on the horizon. Explore how stock splits work, Nike’s split history, and the latest corporate and financial updates.

Nike live share price

Past performance is not a reliable indicator of future results. Share prices are indicative and may differ from live market prices.

What is a stock split?

A stock split is a corporate action in which a company issues additional shares to existing shareholders at a predetermined ratio. The number of shares increases, while the price per share adjusts proportionally. The total value of each shareholder’s investment remains the same immediately after the split.

For example, in a 2-for-1 split, each share becomes two, with the share price roughly halved to maintain the same overall value. Companies often use splits to keep share prices within a range that may appeal to more investors and support market liquidity. A split does not affect the company’s market capitalisation.

Nike’s 2015 stock split

Nike's most recent split was a 2-for-1 action in December 2015, applied across 23–24 December. This doubled the number of outstanding shares and adjusted the trading price accordingly.

Up to 16 December 2025, Nike hasn’t introduced another split, making the 2015 event its latest.

Why did Nike conduct a share split?

Historically, Nike positioned its stock splits as a way to keep shares accessible to a wide base of retail investors, particularly during periods of sustained share price appreciation. As valuations rose, splits helped maintain a trading range perceived as more manageable for some market participants.

Splits can also support trading liquidity by increasing the number of available shares. For Nike, this approach aligned with long-term growth phases and a desire to broaden participation without altering the company’s fundamentals.

Will Nike split again in 2026?

As of 16 December 2025, Nike hasn’t issued guidance or filings suggesting a split in 2026. Any future split would require board approval and formal communication via investor channels. No such updates have been released.

Current priorities centre on Nike’s 'Win Now' turnaround programme, cost restructuring and distribution changes following a weaker fiscal year. These operational efforts remain the company’s main focus.

Nike stock split history

Nike has consistently used a 2-for-1 ratio for each of its stock splits:

Payable date	Ratio	Notes
5 January 1983	2-for-1	First recorded split
5 October 1990	2-for-1	Early-1990s split
30 October 1995	2-for-1	Mid-1990s split
23–24 October 1996	2-for-1	Late-1990s split; date varies by source
2 April 2007	2-for-1	2007 split
26 December 2012	2-for-1	2012 split
23–24 December 2015	2-for-1	Most recent split (as at Dec 2025)

Based on split-adjusted calculations, an investor holding one share before the October 1990 split would hold 64 shares after all subsequent splits.

Past performance is not a reliable indicator of future results

Latest earnings: Nike FY2025 results

Nike’s fiscal 2025 performance reflected revenue declines, margin pressures and restructuring activity as the company repositioned its direct-to-consumer (DTC) model.

Fourth-quarter and full-year FY2025

Q4 revenue declined by a mid-teens percentage, contributing to a full-year decrease of nearly 10%, to roughly $46.3bn.
Net income fell by more than 40%, reflecting restructuring charges and promotional activity.
Nike Direct revenue was about $4.4bn in Q4, down 14% due to weaker digital sales.
Wholesale channels showed more resilience relative to direct sales.

Overall, FY2025 was a period of recalibration, with Nike refining its channel mix and operational priorities in response to competitive pressures.

Summary

Nike’s most recent split was a 2-for-1 event in December 2015.

As of 16 December 2025, there’s no confirmation of a split planned for 2026.

All historical Nike splits have used a 2-for-1 ratio since 1983.

Fiscal 2025 results reflected lower revenue and net income amid restructuring and distribution changes.

Nike’s near-term focus is on operational improvements and its turnaround strategy rather than corporate actions like share splits.

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FAQ

When did Nike stock split?

Nike’s most recent stock split was a 2-for-1 split approved in November 2015. Earlier 2-for-1 splits took place in 1983, 1990, 1995, 1996, 2007 and 2012. Each split doubled the number of outstanding shares and adjusted the trading price to reflect the new share count.

When did the Nike stock split take effect?

The 2015 split was issued as a 100% stock dividend payable on 23 December 2015 to shareholders of record on 9 December 2015. Nike’s common stock began trading on a split-adjusted basis on 24 December 2015.

Did Nike have a stock split before?

Yes. Nike has carried out several 2-for-1 stock splits since the early 1980s. These occurred in January 1983, October 1990, October 1995, October 1996, April 2007, December 2012 and December 2015. While dates may vary slightly across data sources, the ratio has remained the same for all events.

How many times has Nike stock split?

As of 16 December 2025, Nike has completed seven stock splits. Together, these have significantly expanded the number of shares outstanding. Based on split-adjusted calculations, an investor holding one share before the October 1990 split would hold 64 shares after all subsequent splits.

How much was Nike stock after the split?

Before the 2015 split took effect, Nike’s shares traded at about $125. After the 2-for-1 adjustment on 24 December 2015, the split-adjusted price opened at roughly half that level, around $62–63. Most charting platforms now show historical data on a fully adjusted basis rather than displaying pre-split values.

Why did Nike split its stock?

Nike has used stock splits to help keep its share price within a range that may be more accessible to a broader investor base. When the share price rises over extended periods, splitting can support affordability and liquidity. The 2015 split was announced alongside updates to Nike’s capital-return programme, including an expanded buyback plan and a dividend increase.

Will Nike split again?

As at 16 December 2025, Nike has not announced plans for a further stock split. Any decision would require approval from the board of directors and would be communicated through official investor channels. Current public disclosures emphasise the company’s 'Win Now' strategy and operational initiatives following a weaker fiscal year.

What was the most recent Nike stock split date?

Nike’s latest stock split was a 2-for-1 event with a payable date of 23 December 2015. The stock began trading on a split-adjusted basis on 24 December 2015. Financial sources may reference either date, but both relate to the same split.

Can you trade Nike CFDs on Capital.com?

You can trade Nike share CFDs on Capital.com, giving you the ability to speculate on price movements without owning the underlying shares. CFD trading allows you to go long or short depending on your market outlook. Contracts for difference (CFDs) are traded on margin – leverage amplifies both profits and losses. Understand how CFDs work and how to use risk-management tools such as take-profit and stop-loss orders before opening a position. Past performance isn’t a reliable indicator of future results.*

*Standard stop-loss orders are not guaranteed. Guaranteed stop-loss orders incur a fee if activated.