NikeMEX:NKE -3.44%69 FCF Margin % is 2.52% as of Feb. 2026, which is 73% below its 10-year median of 9.50. GuruFocus rates MEX:NKE with a GF Score™ of 69/100 and a GF Value™ of MXN1,305.85 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Nike ranks better than 50.1% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Nike's Free Cash Flow for the
three
months ended in Feb. 2026 was MXN4,891 Mil. Nike's Revenue for the
three
months ended in Feb. 2026 was MXN194,232 Mil. Therefore, Nike's FCF Margin % for the quarter that ended in Feb. 2026 was 2.52%.
The historical data trend for Nike's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:NKE vs DECK, ONON, BIRK: FCF Margin % Comparison
For the Footwear & Accessories subindustry, Nike's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nike FCF Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Nike's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nike (MEX:NKE) has a FCF Margin % of 2.52% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nike and its competitors. This is 73% below median its historical median of 9.50. Over the past decade, Nike's FCF Margin % has ranged from 2.25 to 13.39. According to the industry distribution chart, Nike ranks #519 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.9%.
Is Nike's FCF Margin % too high?
Nike's current FCF Margin % of 2.52% is 73% below median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 13.39. The Manufacturing - Apparel & Accessories industry median FCF Margin % is 2.25. Nike's value of 2.52% is 12.2% above this industry median. Based on the distribution chart, Nike ranks #519 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nike has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nike's FCF Margin % compare to DECK and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #519 out of 1040 companies for FCF Margin %. This puts Nike in the upper half of its industry. The industry median FCF Margin % is 2.25. Nike's value of 2.52% is 12.2% above this benchmark. Historically, Nike's own FCF Margin % has ranged from 2.25 to 13.39 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 2.25, Nike has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Manufacturing - Apparel & Accessories company?
The median FCF Margin % among Manufacturing - Apparel & Accessories companies is 2.25, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current FCF Margin % of 2.52% is 12.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Margin % is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current FCF Margin % is 2.52%, which is 73% below median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (MEX:NKE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,305.85, compared to a current price of MXN713.17 — trading 45.4% below its estimated fair value. The current FCF Margin % is 2.52%, which is 73% below median its 10-year median of 9.50 and 12.2% above the Manufacturing - Apparel & Accessories industry median of 2.25. Nike's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Nike (MEX:NKE), the current FCF Margin % is 2.52% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nike (MEX:NKE) Overvalued in 2026?
Based on GuruFocus' analysis, Nike stock appears to be undervalued.
The current stock price of MXN713.17 is trading 45.4% below its estimated GF Value™ of MXN1,305.85.
GuruFocus considers Nike to be Possible Value Trap.
Key valuation signals for MEX:NKE:
FCF Margin %: 2.52% (73% below median its 10-year median of 9.50)
GF Value™: MXN1,305.85 vs. price of MXN713.17 (45.4% below fair value)
Industry Position: 12.2% above the Manufacturing - Apparel & Accessories median (#519 of 1040)
No single metric tells the full story. See the MEX:NKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
69GF Score
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