AVNW vs. NKE

Last updated Apr 2, 2026

Compare and contrast key facts about Aviat Networks, Inc. (AVNW) and NIKE, Inc. (NKE).

Performance

AVNW vs. NKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aviat Networks, Inc. (AVNW) and NIKE, Inc. (NKE). The values are adjusted to include any dividend payments, if applicable.

AVNW vs. NKE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVNW Aviat Networks, Inc.	-8.00%	18.06%	-44.55%	4.71%	-2.77%	87.88%	143.06%	6.04%	-12.66%	9.69%
NKE NIKE, Inc.	-29.48%	-13.83%	-29.11%	-6.01%	-29.04%	18.70%	40.97%	38.09%	19.87%	24.70%

Fundamentals

Market Cap AVNW : $255.81M NKE : $66.07B
EPS AVNW : $1.13 NKE : $1.52
PE Ratio AVNW : 17.43 NKE : 29.34
PS Ratio AVNW : 0.57 NKE : 1.42
PB Ratio AVNW : 0.94 NKE : 4.69
Total Revenue (TTM) AVNW : $446.77M NKE : $46.52B
Gross Profit (TTM) AVNW : $150.53M NKE : $18.99B
EBITDA (TTM) AVNW : $34.84M NKE : $3.33B

Returns By Period

In the year-to-date period, AVNW achieves a -8.00% return, which is significantly higher than NKE's -29.48% return. Over the past 10 years, AVNW has outperformed NKE with an annualized return of 16.86%, while NKE has yielded a comparatively lower -1.89% annualized return.

AVNW

• 1D: -13.00%
• 1M: -24.35%
• YTD: -8.00%
• 6M: -13.20%
• 1Y: 3.25%
• 3Y*: -17.05%
• 5Y*: -12.60%
• 10Y*: 16.86%

NKE

• 1D: -15.51%
• 1M: -26.85%
• YTD: -29.48%
• 6M: -39.07%
• 1Y: -29.35%
• 3Y*: -27.24%
• 5Y*: -18.33%
• 10Y*: -1.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AVNW vs. NKE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVNW

AVNW Risk / Return Rank: 42
AVNW Sharpe Ratio Rank: 43
AVNW Sortino Ratio Rank: 40
AVNW Omega Ratio Rank: 39
AVNW Calmar Ratio Rank: 43
AVNW Martin Ratio Rank: 43

NKE

NKE Risk / Return Rank: 12
NKE Sharpe Ratio Rank: 12
NKE Sortino Ratio Rank: 14
NKE Omega Ratio Rank: 13
NKE Calmar Ratio Rank: 18
NKE Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVNW vs. NKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aviat Networks, Inc. (AVNW) 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.

	AVNW	NKE	Difference
Sharpe ratio Return per unit of total volatility	0.07	-0.67	+0.74
Sortino ratio Return per unit of downside risk	0.44	-0.78	+1.21
Omega ratio Gain probability vs. loss probability	1.05	0.89	+0.16
Calmar ratio Return relative to maximum drawdown	0.10	-0.65	+0.75
Martin ratio Return relative to average drawdown	0.24	-1.78	+2.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVNW vs. NKE - Sharpe Ratio Comparison

The current AVNW Sharpe Ratio is 0.07, which is higher than the NKE Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of AVNW and NKE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVNW	NKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	-0.67	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	-0.52	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	-0.06	+0.37
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.41	-0.57

Correlation

The correlation between AVNW and NKE is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AVNW vs. NKE - Dividend Comparison

AVNW has not paid dividends to shareholders, while NKE's dividend yield for the trailing twelve months is around 3.63%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVNW Aviat Networks, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NKE NIKE, Inc.	3.63%	2.53%	2.00%	1.28%	1.07%	0.68%	0.71%	0.89%	1.11%	1.18%	1.30%	0.93%

Drawdowns

AVNW vs. NKE - Drawdown Comparison

The maximum AVNW drawdown since its inception was -97.67%, which is greater than NKE's maximum drawdown of -75.19%. Use the drawdown chart below to compare losses from any high point for AVNW and NKE.

Drawdown Indicators

	AVNW	NKE	Difference
Max Drawdown Largest peak-to-trough decline	-97.67%	-75.19%	-22.48%
Max Drawdown (1Y) Largest decline over 1 year	-26.44%	-42.65%	+16.21%
Max Drawdown (5Y) Largest decline over 5 years	-67.36%	-72.98%	+5.62%
Max Drawdown (10Y) Largest decline over 10 years	-68.58%	-72.98%	+4.40%
Current Drawdown Current decline from peak	-85.17%	-72.98%	-12.19%
Average Drawdown Average peak-to-trough decline	-81.21%	-20.70%	-60.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.88%	15.69%	-4.81%

Volatility

AVNW vs. NKE - Volatility Comparison

Aviat Networks, Inc. (AVNW) and NIKE, Inc. (NKE) have volatilities of 17.67% and 17.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNW	NKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.67%	17.58%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	33.07%	30.01%	+3.06%
Volatility (1Y) Calculated over the trailing 1-year period	45.88%	44.03%	+1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.64%	35.64%	+16.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.57%	32.11%	+22.46%

Financials

AVNW vs. NKE - Profitability Comparison

The chart below illustrates the profitability comparison between Aviat Networks, Inc. and NIKE, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AVNW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Aviat Networks, Inc. reported a gross profit of 36.10M and revenue of 111.47M. Therefore, the gross margin over that period was 32.4%.

NKE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.

AVNW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Aviat Networks, Inc. reported an operating income of 7.29M and revenue of 111.47M, resulting in an operating margin of 6.5%.

NKE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.

AVNW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Aviat Networks, Inc. reported a net income of 5.72M and revenue of 111.47M, resulting in a net margin of 5.1%.

NKE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.