Nike NKE
NYSE NKE
$35.83 -0.56 (-1.55%)
As of: Sep 29, 2026 · 3:59 PM EDT

Nike (NKE) FCF Margin (2009 - 2026)

Updated

Nike (NKE) posted FCF Margin of 13.66% for fiscal Q4 2026 (quarter ended May 31, 2026), up 10.39 percentage points from 3.27% a year earlier and up 11.14 percentage points from the prior quarter.

Analysis

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

For FY2026 (ended May 31, 2026), Nike's FCF Margin came in at 4.71%, down 2.35 percentage points from FY2025.

  • Annual FCF Margin shows a five-year change of -8.68 percentage points (FY2021 to FY2026).
  • In prior fiscal years, Nike's FCF Margin was 7.06% in FY2025 (-5.83 pp), 12.88% in FY2024 (+3.37 pp), 9.51% in FY2023 (+0.03 pp) and 9.48% in FY2022 (-3.90 pp).
  • The fiscal Q4 2026 figure stands as the highest quarterly FCF Margin since fiscal Q3 2025.
  • On a year-over-year basis, FCF Margin increased in two of the last eight quarters, with an average year-over-year change of -4.02 percentage points.
  • The strongest year-over-year quarter for FCF Margin in the past five years was fiscal Q3 2023, with a gain of 16.25 percentage points; the weakest was fiscal Q2 2023, with a drop of 16.96 percentage points.
  • According to Business Quant data, FCF Margin for the three prior fiscal quarters was 2.52% (Q3 2026), 3.11% (Q2 2026) and 0.13% (Q1 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Nike 53.94 Bn 19.93 Bn 5.39 Bn 13.66%
2 Tapestry 22.74 Bn 18.69 Bn 1.56 Bn 24.99%
3 Ralph Lauren 21.47 Bn 13.57 Bn 1.44 Bn 14.59%
4 Deckers Outdoor 11.15 Bn 4.02 Bn - -
5 Lululemon Athletica 10.72 Bn 4.97 Bn 1.46 Bn 9.32%
6 Levi Strauss 7.64 Bn 4.29 Bn 979.10 Mn 14.78%
7 Gildan Activewear 6.52 Bn 5.51 Bn 459.76 Mn 23.21%
8 Birkenstock Holding 6.06 Bn 4.37 Bn 493.89 Mn 37.90%
9 Crocs 5.89 Bn 5.30 Bn 700.71 Mn 28.06%
10 V F 5.67 Bn 2.29 Bn 917.04 Mn -6.11%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 13.66%
Feb 28, 2026 2.52%
Nov 30, 2025 3.11%
Aug 31, 2025 0.13%
May 31, 2025 3.27%
Feb 28, 2025 15.18%
Nov 30, 2024 7.45%
Aug 31, 2024 2.36%
May 31, 2024 19.09%
Feb 29, 2024 15.43%
Nov 30, 2023 19.51%
Aug 31, 2023 -2.47%
May 31, 2023 15.47%
Feb 28, 2023 16.38%
Nov 30, 2022 5.75%
Aug 31, 2022 0.73%
May 31, 2022 7.43%
Feb 28, 2022 0.14%
Nov 30, 2021 22.71%
Aug 31, 2021 7.57%
API Access

Nike FCF Margin 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=fcf-margin&ticker=NKE&period=max&api_key=YOUR_API_KEY