AEO vs. NKE
AEO (American Eagle Outfitters, Inc.) and NKE (NIKE, Inc.) are both stocks. Both are in the Consumer Cyclical sector — AEO in Apparel Retail, NKE in Footwear & Accessories. Over the past 10 years, AEO returned 2.84%/yr vs -1.30%/yr for NKE. At a 0.31 correlation, their price movements are largely independent.
Performance
AEO vs. NKE - Performance Comparison
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Returns By Period
In the year-to-date period, AEO achieves a -35.04% return, which is significantly lower than NKE's -29.27% return. Over the past 10 years, AEO has outperformed NKE with an annualized return of 2.84%, while NKE has yielded a comparatively lower -1.30% annualized return.
AEO
- 1D
- 1.54%
- 1M
- -9.86%
- 6M
- -36.42%
- YTD
- -35.04%
- 1Y
- 74.46%
- 3Y*
- 14.29%
- 5Y*
- -11.86%
- 10Y*
- 2.84%
NKE
- 1D
- 3.72%
- 1M
- -1.25%
- 6M
- -31.64%
- YTD
- -29.27%
- 1Y
- -37.23%
- 3Y*
- -23.95%
- 5Y*
- -21.43%
- 10Y*
- -1.30%
AEO vs. NKE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEO American Eagle Outfitters, Inc. | -35.04% | 64.66% | -19.34% | 54.86% | -43.44% | 29.76% | 38.82% | -22.10% | 5.50% | 28.48% |
NKE NIKE, Inc. | -29.27% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
Correlation
The correlation between AEO and NKE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 1994 | 0.31 |
The correlation between AEO and NKE shifts across timeframes, from 0.31 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AEO:
$2.82B
NKE:
$65.66B
AEO:
$1.62
NKE:
$2.10
AEO:
10.38
NKE:
21.14
AEO:
0.52
NKE:
1.42
AEO:
1.76
NKE:
1.71
AEO:
$5.60B
NKE:
$46.40B
AEO:
$2.00B
NKE:
$19.91B
AEO:
$662.21M
NKE:
$3.21B
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Return for Risk
AEO vs. NKE — Risk / Return Rank
AEO
NKE
AEO vs. NKE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Eagle Outfitters, Inc. (AEO) and NIKE, Inc. (NKE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AEO | NKE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.15 | ||
| Sortino ratioReturn per unit of downside risk | +3.64 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.80 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | -0.83 | +2.39 |
| Martin ratioReturn relative to average drawdown | 3.00 | -1.44 | +4.44 |
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Drawdowns
AEO vs. NKE - Drawdown Comparison
The maximum AEO drawdown since its inception was -80.67%, which is greater than NKE's maximum drawdown of -75.19%. Use the drawdown chart below to compare losses from any high point for AEO and NKE.
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Drawdown Indicators
| AEO | NKE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.67% | -75.19% | -5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -46.69% | -47.16% | +0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -63.13% | -64.87% | +1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -72.18% | -75.10% | +2.92% |
Max Drawdown (10Y)Largest decline over 10 years | -75.67% | -75.10% | -0.57% |
Current DrawdownCurrent decline from peak | -48.50% | -72.89% | +24.39% |
Average DrawdownAverage peak-to-trough decline | -37.91% | -21.01% | -16.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.35% | 27.07% | -2.72% |
Volatility
AEO vs. NKE - Volatility Comparison
American Eagle Outfitters, Inc. (AEO) has a higher volatility of 12.85% compared to NIKE, Inc. (NKE) at 11.10%. This indicates that AEO's price experiences larger fluctuations and is considered to be riskier than NKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEO | NKE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.85% | 11.10% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 37.01% | 27.48% | +9.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.80% | 35.39% | +34.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.12% | 35.43% | +18.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.80% | 32.38% | +19.42% |
Dividends
AEO vs. NKE - Dividend Comparison
AEO's dividend yield for the trailing twelve months is around 3.72%, more than NKE's 3.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEO American Eagle Outfitters, Inc. | 2.97% | 1.90% | 3.00% | 1.42% | 2.58% | 3.22% | 1.37% | 2.81% | 2.85% | 2.66% | 3.30% | 3.23% |
NKE NIKE, Inc. | 3.67% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
Financials
AEO vs. NKE - Financials Comparison
This section allows you to compare key financial metrics between American Eagle Outfitters, Inc. and NIKE, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AEO vs. NKE - Profitability Comparison
AEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, American Eagle Outfitters, Inc. reported a gross profit of 456.17M and revenue of 1.20B. Therefore, the gross margin over that period was 38.2%.
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NIKE, Inc. reported a gross profit of 5.39B and revenue of 10.97B. Therefore, the gross margin over that period was 49.2%.
AEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, American Eagle Outfitters, Inc. reported an operating income of 28.23M and revenue of 1.20B, resulting in an operating margin of 2.4%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NIKE, Inc. reported an operating income of 1.31B and revenue of 10.97B, resulting in an operating margin of 12.0%.
AEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, American Eagle Outfitters, Inc. reported a net income of 23.53M and revenue of 1.20B, resulting in a net margin of 2.0%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NIKE, Inc. reported a net income of 1.07B and revenue of 10.97B, resulting in a net margin of 9.7%.
Frequently Asked Questions
AEO and NKE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEO has higher volatility (12.85%) compared to NKE (11.10%). In terms of maximum drawdown, AEO dropped -80.67% vs NKE's -75.19%.
AEO currently has the higher Sharpe Ratio (1.05 vs -1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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