Nike (NKE) Tax Rate (2009 - 2026)
Nike's (NKE) quarterly Tax Rate came in at 19.56% in Q2 2026, down 1408.0% YoY from 1.5% in Q2 2025, and down 2.18% on a QoQ basis from 20.0% in Q1 2026.
Analysis
Nike (NKE) Tax Rate (2009 - 2026) Analysis & Trends
Nike (NKE) has 18 years of Tax Rate data on file, last reported at 19.56% in Q2 2026.
- Quarterly Tax Rate fell 1408.0% year-over-year to 19.56% in Q2 2026, while the trailing twelve-month figure through May 2026 was 20.31% (up 316.0% YoY) and the FY2026 annual result came in at 20.31%, up 316.0% from the prior year.
- Tax Rate declined to 19.56% in Q2 2026, from 20.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 33.65% in Q2 2025 to a low of 4.73% in Q2 2022.
- A 5-year average of 16.78% and a median of 17.88% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 2334 bps — and 2023, when it surged 2199 bps.
- Tracing NKE's Tax Rate over 5 years: 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 declined by 6 bps to 19.56% in 2026.
- The last three Tax Rate figures came in at 19.56% (Q2 2026), 20.0% (Q1 2026), and 20.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.58 Bn | 47.55 Bn | 5.39 Bn | 19.56% |
| 2 | Deckers Outdoor | 12.06 Bn | 10.16 Bn | - | - |
| 3 | Birkenstock Holding | 6.28 Bn | 5.48 Bn | 493.89 Mn | -31.53% |
| 4 | Crocs | 5.68 Bn | 5.51 Bn | 700.71 Mn | 22.37% |
| 5 | Steven Madden | 2.98 Bn | 2.88 Bn | 309.66 Mn | 26.63% |
| 6 | Wolverine World Wide | 1.58 Bn | 1.42 Bn | 235.30 Mn | 19.36% |
| 7 | Forward Industries | 541.84 Mn | 541.84 Mn | - | - |
| 8 | Weyco | 423.26 Mn | 327.79 Mn | 43.78 Mn | 28.38% |
| 9 | Rocky Brands | 330.85 Mn | 328.22 Mn | 60.80 Mn | 21.53% |
| 10 | Fossil | 297.84 Mn | 218.89 Mn | 130.79 Mn | -54.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 19.56% |
| Feb 28, 2026 | 20.00% |
| Nov 30, 2025 | 20.72% |
| Aug 31, 2025 | 21.15% |
| May 31, 2025 | 33.65% |
| Feb 28, 2025 | 5.92% |
| Nov 30, 2024 | 17.87% |
| Aug 31, 2024 | 19.59% |
| May 31, 2024 | 13.09% |
| Feb 29, 2024 | 16.52% |
| Nov 30, 2023 | 17.90% |
| Aug 31, 2023 | 12.01% |
| May 31, 2023 | 17.26% |
| Feb 28, 2023 | 16.05% |
| Nov 30, 2022 | 19.33% |
| Aug 31, 2022 | 19.69% |
| May 31, 2022 | -4.73% |
| Feb 28, 2022 | 16.41% |
| Nov 30, 2021 | 10.93% |
| Aug 31, 2021 | 11.02% |