Nike (NKE) Exchange Rate Effect (2009 - 2026)
Nike's Exchange Rate Effect was $15 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), compared with -$5 million a year earlier.
Nike (NKE) Exchange Rate Effect (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nike's Exchange Rate Effect was $31 million through Aug 31, 2026; for FY2026 (ended May 31, 2026), it came in at $11 million.
- Exchange Rate Effect shows a five-year compound annual growth rate of -40.1% (FY2021 to FY2026).
- In earlier fiscal years, Exchange Rate Effect was $1 million in FY2025, -$16 million in FY2024, -$91 million in FY2023 and -$143 million in FY2022.
- Quarterly Exchange Rate Effect has moved between -$88 million (fiscal Q4 2022) and $30 million (fiscal Q4 2025) over five years.
- Per Business Quant data, NKE's Exchange Rate Effect in the three fiscal quarters before Q1 2027 was -$8 million (Q4 2026), $25 million (Q3 2026) and -$1 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.18 Bn | 22.38 Bn | 4.80 Bn | 15.00 Mn |
| 2 | Tapestry | 23.99 Bn | 19.95 Bn | 1.56 Bn | -10.50 Mn |
| 3 | Ralph Lauren | 22.76 Bn | 14.85 Bn | 1.44 Bn | -16.50 Mn |
| 4 | Deckers Outdoor | 12.61 Bn | 5.48 Bn | - | - |
| 5 | Lululemon Athletica | 11.29 Bn | 5.54 Bn | 1.46 Bn | -23.18 Mn |
| 6 | Levi Strauss | 8.02 Bn | 4.60 Bn | 1.07 Bn | -3.00 Mn |
| 7 | V F | 6.86 Bn | 3.48 Bn | 917.04 Mn | -4.05 Mn |
| 8 | Gildan Activewear | 6.55 Bn | 5.47 Bn | 459.76 Mn | -7.69 Mn |
| 9 | Birkenstock Holding | 6.11 Bn | 4.43 Bn | 493.89 Mn | 833,413.45 |
| 10 | Crocs | 5.97 Bn | 5.38 Bn | 700.71 Mn | -4.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 15.00 Mn |
| May 31, 2026 | -8.00 Mn |
| Feb 28, 2026 | 25.00 Mn |
| Nov 30, 2025 | -1.00 Mn |
| Aug 31, 2025 | -5.00 Mn |
| May 31, 2025 | 30.00 Mn |
| Feb 28, 2025 | -15.00 Mn |
| Nov 30, 2024 | -33.00 Mn |
| Aug 31, 2024 | 19.00 Mn |
| May 31, 2024 | -9.00 Mn |
| Feb 29, 2024 | -10.00 Mn |
| Nov 30, 2023 | 19.00 Mn |
| Aug 31, 2023 | -16.00 Mn |
| May 31, 2023 | -13.00 Mn |
| Feb 28, 2023 | 20.00 Mn |
| Nov 30, 2022 | -11.00 Mn |
| Aug 31, 2022 | -87.00 Mn |
| May 31, 2022 | -88.00 Mn |
| Nov 30, 2021 | -17.00 Mn |
| Aug 31, 2021 | -38.00 Mn |
Nike Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=NKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();