Nike (NKE) FCF Margin (2009 - 2026)
Nike (NKE) reported FCF Margin of 2.52% for Q1 2026, down 1267.0% on a YoY basis from 0.22% in Q1 2025, and up 11.75% quarter-over-quarter from 2.25% in Q4 2025.
Nike (NKE) FCF Margin (2009 - 2026) Analysis & Trends
Nike has reported FCF Margin for 18 years, with the latest figure at 2.52% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1267.0% year-over-year to 2.52%; the trailing twelve-month figure through Feb 2026 stood at 2.25% (down 934.0% YoY), and the FY2025 full-year result was 7.06%, down 710.0% from the prior year.
- FCF Margin for Q1 2026 stood at 2.52%, up from 2.25% in the prior quarter.
- The five-year high for FCF Margin was 20.91% in Q2 2024, with the low at 1.65% in Q3 2023.
- Historically, FCF Margin has averaged 8.42% across 5 years, with a median of 4.24% in 2022.
- Annual changes were most pronounced in 2023 — FCF Margin jumped 1410 bps — and 2025, when it slumped 1764 bps.
- Nike's FCF Margin stood at 7.52% in 2022, then surged by 149 bps to 18.73% in 2023, then sank by 60 bps to 7.45% in 2024, then sank by 70 bps to 2.25% in 2025, then grew by 12 bps to 2.52% in 2026.
- The last three FCF Margin figures came in at 2.52% (Q1 2026), 2.25% (Q4 2025), and 1.03% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 102.63 Bn | 102.39 Bn | 390.51 Mn | 8.06% |
| 2 | Nike | 65.09 Bn | 57.03 Bn | 4.53 Bn | 2.52% |
| 3 | Deckers Outdoor | 16.02 Bn | 13.93 Bn | 1.17 Bn | 52.12% |
| 4 | Crocs | 6.13 Bn | 6.00 Bn | 522.95 Mn | -10.74% |
| 5 | Steven Madden | 3.14 Bn | 3.10 Bn | 357.42 Mn | -9.43% |
| 6 | Wolverine World Wide | 1.98 Bn | 1.79 Bn | 243.40 Mn | 30.94% |
| 7 | On Holding AG | 1.66 Bn | 264.30 Mn | 682.30 Mn | 2.01% |
| 8 | Forward Industries | 381.04 Mn | 355.65 Mn | 16.85 Mn | -36.99% |
| 9 | Designer Brands | 349.93 Mn | 299.82 Mn | 315.32 Mn | -3.55% |
| 10 | Weyco | 343.83 Mn | 246.40 Mn | 33.84 Mn | 30.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 2.52% |
| Nov 30, 2025 | 2.25% |
| Aug 31, 2025 | 1.03% |
| May 31, 2025 | 3.27% |
| Feb 28, 2025 | 15.18% |
| Nov 30, 2024 | 7.45% |
| Aug 31, 2024 | 2.36% |
| May 31, 2024 | 20.91% |
| Feb 29, 2024 | 18.83% |
| Nov 30, 2023 | 18.73% |
| Aug 31, 2023 | -1.65% |
| May 31, 2023 | 17.05% |
| Feb 28, 2023 | 17.83% |
| Nov 30, 2022 | 7.52% |
| Aug 31, 2022 | 1.84% |
| May 31, 2022 | 4.24% |
| Feb 28, 2022 | 3.73% |
| Nov 30, 2021 | 22.00% |
| Aug 31, 2021 | 8.23% |
| May 31, 2021 | 15.79% |