Nike (NKE) EBITDA Margin (2009 - 2026)

Nike (NKE) reported EBITDA Margin of 14.57% for Q1 2026, up 757.0% on a YoY basis from 1.7% in Q1 2025, and down 20.57% quarter-over-quarter from 18.34% in Q4 2025.

Nike (NKE) EBITDA Margin (2009 - 2026) Analysis & Trends

Nike has reported EBITDA Margin for 18 years, with the latest figure at 14.57% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA Margin rose 757.0% year-over-year to 14.57%; the trailing twelve-month figure through Feb 2026 stood at 23.75% (up 625.0% YoY), and the FY2025 full-year result was 18.12%, down 251.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 14.57%, down from 18.34% in the prior quarter.
  • The five-year high for EBITDA Margin was 45.15% in Q2 2025, with the low at 6.99% in Q1 2025.
  • Historically, EBITDA Margin has averaged 16.63% across 5 years, with a median of 14.57% in 2026.
  • Annual changes were most pronounced in 2022 — EBITDA Margin plunged 1148 bps — and 2025, when it jumped 2423 bps.
  • Nike's EBITDA Margin stood at 11.92% in 2022, then grew by 14 bps to 13.63% in 2023, then soared by 49 bps to 20.28% in 2024, then retreated by 10 bps to 18.34% in 2025, then decreased by 21 bps to 14.57% in 2026.
  • The last three EBITDA Margin figures came in at 14.57% (Q1 2026), 18.34% (Q4 2025), and 18.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn 19.59%
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn 14.57%
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn 24.73%
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 21.80%
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 15.20%
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn 9.45%
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn 20.95%
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn -2,722.80%
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 2.71%
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn -15.95%

Historic Data

Download Data
DateValue
Feb 28, 2026 14.57%
Nov 30, 2025 18.34%
Aug 31, 2025 18.05%
May 31, 2025 45.15%
Feb 28, 2025 6.99%
Nov 30, 2024 20.28%
Aug 31, 2024 21.01%
May 31, 2024 20.92%
Feb 29, 2024 10.75%
Nov 30, 2023 13.63%
Aug 31, 2023 12.40%
May 31, 2023 9.52%
Feb 28, 2023 18.85%
Nov 30, 2022 11.92%
Aug 31, 2022 13.36%
May 31, 2022 12.00%
Feb 28, 2022 14.98%
Nov 30, 2021 21.76%
Aug 31, 2021 24.84%
May 31, 2021 -1.65%