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As of the most recent data point on 2025-08-31 (Q1'26), Nike's EV/EBITDA ratio stands at 27.083, marking a significant increase from the previous quarter's value of 24.454. This latest figure represents the highest level observed in the covered period. Analyzing the trend from Q3'23 to Q1'26, the EV/EBITDA ratio for Nike initially declined from 26.045 to a low of 14.296 in Q3'25, indicating a period of valuation compression. However, starting from Q3'25, the ratio rebounded sharply, climbing to 27.083 by Q1'26. This area chart highlights a volatile pattern with a pronounced dip followed by a strong recovery, suggesting shifts in market sentiment or company fundamentals over the observed quarters.