Nike is being kicked out of the S&P 100 after nearly 18 years as a member.
S&P Dow Jones Indices announced Friday that Nike will exit the index effective before trading opens on September 21, 2026. The company joined the S&P 100 in December 2008, making its removal a significant milestone in what has been a prolonged decline in its market standing.
The cut is part of a routine quarterly rebalance, a process designed to keep each index aligned with its intended market-capitalization range. Nike will not disappear from major indexes entirely. It will remain a constituent of the broader S&P 500.
Special offer for our readers:
8 Top Credit Cards Offering Introductory No Interest into 2027
The S&P 100 is a subset of the S&P 500 focused on the largest and most firmly established U.S. companies. Being removed signals that Nike no longer meets the size threshold to compete with its former peers at that level.
As originally reported, Nike is not alone in its exit. Three other companies will also be removed on the same date: Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive. All four departing names will be replaced by companies from the information technology sector.
The four incoming additions are Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk. The shift reflects a broader reshaping of corporate America’s elite tier, with established industrial and consumer brands giving way to technology firms.
For Nike, the change marks a stark contrast to its earlier decades as one of the most dominant consumer brands on the planet. Joining the S&P 100 in late 2008 was a recognition of its scale and influence. Leaving it in 2026 tells a different story.
The company will still be tracked by millions of investors through its continued S&P 500 membership, but its removal from the top-tier index is a clear signal of how far its market capitalization has slipped relative to the largest players in the U.S. economy.
The rebalance takes effect before the market opens on September 21, 2026.
