Nike NKE
NYSE NKE
$38.24 +0.12 (+0.31%)
At close: Sep 2, 2026 · 4:00 PM EDT

Nike (NKE) FCF Margin (2009 - 2026)

Nike's (NKE) quarterly FCF Margin came in at 9.3% in Q2 2026, up 822.0% YoY from 1.01% in Q2 2025, and up 123.09% on a QoQ basis from 4.17% in Q1 2026.

Analysis

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

Nike (NKE) has 18 years of FCF Margin data on file, last reported at 9.3% in Q2 2026.

  • Quarterly FCF Margin rose 822.0% year-over-year to 9.3% in Q2 2026, while the trailing twelve-month figure through May 2026 was 4.71% (down 235.0% YoY) and the FY2026 annual result came in at 4.71%, down 235.0% from the prior year.
  • FCF Margin advanced to 9.3% in Q2 2026, from 4.17% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 19.51% in Q4 2023 to a low of 2.47% in Q3 2023.
  • A 5-year average of 8.21% and a median of 7.48% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin sank 1676 bps — and 2023, when it soared 1649 bps.
  • Tracing NKE's FCF Margin over 5 years: stood at 7.52% in 2022, then surged by 160 bps to 19.51% in 2023, then plunged by 62 bps to 7.45% in 2024, then tumbled by 38 bps to 4.61% in 2025, then soared by 102 bps to 9.3% in 2026.
  • The last three FCF Margin figures came in at 9.3% (Q2 2026), 4.17% (Q1 2026), and 4.61% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Nike 56.58 Bn 47.55 Bn 5.39 Bn 13.66%
2 Deckers Outdoor 12.06 Bn 10.16 Bn - -
3 Birkenstock Holding 6.28 Bn 5.48 Bn 493.89 Mn 37.90%
4 Crocs 5.68 Bn 5.51 Bn 700.71 Mn 28.06%
5 Steven Madden 2.98 Bn 2.88 Bn 309.66 Mn 29.45%
6 Wolverine World Wide 1.58 Bn 1.42 Bn 235.30 Mn -
7 Forward Industries 541.84 Mn 541.84 Mn - -
8 Weyco 423.26 Mn 327.79 Mn 43.78 Mn -
9 Rocky Brands 330.85 Mn 328.22 Mn 60.80 Mn 3.50%
10 Fossil 297.84 Mn 218.89 Mn 130.79 Mn -
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%