Nike (NKE) FCF Margin (2009 - 2026)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.14 Bn | 19.13 Bn | 5.39 Bn | 13.66% |
| 2 | Tapestry | 22.87 Bn | 18.83 Bn | 1.56 Bn | 24.99% |
| 3 | Ralph Lauren | 21.39 Bn | 13.49 Bn | 1.44 Bn | 14.59% |
| 4 | Deckers Outdoor | 11.06 Bn | 3.93 Bn | - | - |
| 5 | Lululemon Athletica | 10.32 Bn | 4.58 Bn | 1.46 Bn | 9.32% |
| 6 | Levi Strauss | 7.62 Bn | 4.28 Bn | 979.10 Mn | 14.78% |
| 7 | Gildan Activewear | 6.55 Bn | 5.54 Bn | 459.76 Mn | 23.21% |
| 8 | Birkenstock Holding | 6.07 Bn | 4.38 Bn | 493.89 Mn | 37.90% |
| 9 | Crocs | 5.90 Bn | 5.31 Bn | 700.71 Mn | 28.06% |
| 10 | V F | 5.70 Bn | 2.32 Bn | 917.04 Mn | -6.11% |
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();