Moat Index
Companies· Consumer & Media

NikeNKE

Moat score

One of the great consumer brands, currently learning that brand alone is not distribution.

MOATE2.6Solid
2.6 Solid
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DimensionMOATECommunity
Switching costsweight 15Nothing stops a customer from buying On or Hoka tomorrow.2
Network effectsweight 15None. Sneaker culture is social, but the value does not compound inside Nike.3
Scale & cost advantageweight 12Sourcing, manufacturing, and marketing scale no upstart can match.7
Brand & pricing powerweight 12A top-tier global brand; pricing power is real but has softened under discounting.9
Cornered resourceweight 12Athlete contracts, the Jordan franchise, and decades of design IP.6
Distribution controlweight 12Pulled back from wholesale, lost shelf space, and is now rebuilding it.5
Disruption resilienceweight 12Losing share to focused challengers is the live problem.4
Independenceweight 10Few dependencies; tariffs and sourcing geography are the main exposure.7

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How strong is Nike's moat?

Question 1 of 8

Switching costs

Switching costs · weight 15

How painful — in money, time, risk, retraining — is it for a customer to leave?

5