Nike (NKE) Tax Rate (2009 - 2026)

Nike (NKE) reported Tax Rate of 20.0% for Q1 2026, up 1408.0% on a YoY basis from 1.33% in Q1 2025, and down 3.48% quarter-over-quarter from 20.72% in Q4 2025.

Nike (NKE) Tax Rate (2009 - 2026) Analysis & Trends

Nike has reported Tax Rate for 18 years, with the latest figure at 20.0% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 1408.0% year-over-year to 20.0%; the trailing twelve-month figure through Feb 2026 stood at 22.12% (up 729.0% YoY), and the FY2025 full-year result was 17.14%, up 222.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 20.0%, down from 20.72% in the prior quarter.
  • The five-year high for Tax Rate was 33.65% in Q2 2025, with the low at 4.73% in Q2 2022.
  • Historically, Tax Rate has averaged 16.61% across 5 years, with a median of 17.87% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate plunged 2334 bps — and 2023, when it surged 2199 bps.
  • Nike's Tax Rate stood at 19.33% in 2022, then fell by 7 bps to 17.9% in 2023, then retreated by 0 bps to 17.87% in 2024, then rose by 16 bps to 20.72% in 2025, then slipped by 3 bps to 20.0% in 2026.
  • The last three Tax Rate figures came in at 20.0% (Q1 2026), 20.72% (Q4 2025), and 21.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn -
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn 20.00%
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn 23.25%
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 23.09%
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 24.69%
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn 19.35%
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn -11.02%
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn -0.46%
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 54.98%
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn 17.53%

Historic Data

Download Data
DateValue
Feb 28, 2026 20.00%
Feb 28, 2026 20.00%
Nov 30, 2025 20.72%
Nov 30, 2025 20.72%
Aug 31, 2025 21.15%
Aug 31, 2025 21.15%
May 31, 2025 33.65%
May 31, 2025 33.65%
Feb 28, 2025 5.92%
Feb 28, 2025 5.92%
Nov 30, 2024 17.87%
Nov 30, 2024 17.87%
Aug 31, 2024 19.59%
Aug 31, 2024 19.59%
May 31, 2024 13.09%
May 31, 2024 13.09%
Feb 29, 2024 16.52%
Feb 29, 2024 16.52%
Nov 30, 2023 17.90%
Nov 30, 2023 17.90%