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| Date | Value |
|---|---|
| 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% |