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Nike NKE Free cash flow margin

Free cash flow margin at other companies

V.F. Corporation logo
V.F. CorporationVFC
6.6%
Wolverine World Wide logo
Wolverine World WideWWW
6.3%-2.1pp
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
20.1%-1.0pp
Columbia Sportswear Company logo
Columbia Sportswear CompanyCOLM
9.4%+1.9pp
Crocs logo
CrocsCROX
17.4%-1.2pp
Under Armour logo
Under ArmourUA

Other financials

Income statement

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Revenue$11.0B-1.1%
Gross profit$5.4B+20.7%
Net income$1.1B+407%
EPS (diluted)$0.72+414%

Balance sheet

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Cash & equivalents$7.6B+519%
Total debt$11.0B+0.1%
Total equity$14.9B+12.5%
Total assets$38.4B+5.0%

Cash flow

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Operating cash flow$1.6B+254%
CapEx$138.0M+38.0%
Free cash flow$1.5B+313%

Valuation

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Market cap$62.97B-43.5%
Enterprise value$66.44B-45.2%
P/E20.3×-14.4×
P/S1.4×-1.1×

Profitability

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Gross margin42.9%+0.2pp
Net margin6.7%-0.3pp

Returns & leverage

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Return on equity22.1%-1.2pp
Debt / equity0.7×-0.1×
Current ratio-0.3×

Where this comes from

Calculated from Nike’s reported figures.

Based on trailing twelve months.

The source filing: Nike’s 10-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 4:43 PM EDT
Fiscal year
FY2026
Accession
0000320187-26-000088

FAQ

What is Nike's free cash flow margin?
Nike (NKE) reported free cash flow margin of 4.7% in Q1 2026.
How has Nike's free cash flow margin changed year-over-year?
Nike's free cash flow margin decreased by 33.3% year-over-year, from 7.1% to 4.7%.
What is the long-term trend for Nike's free cash flow margin?
Over 5 years (2021 to 2026), Nike's free cash flow margin has grown at a -18.9% compound annual growth rate (CAGR), from 13.4% to 4.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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