GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nike Inc (MIL:1NKE) » Definitions » Pretax Margin %

Nike (MIL:1NKE) Pretax Margin % : 11.28% (As of Aug. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Nike Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nike's Pre-Tax Income for the three months ended in Aug. 2024 was €1,185 Mil. Nike's Revenue for the three months ended in Aug. 2024 was €10,511 Mil. Therefore, Nike's pretax margin for the quarter that ended in Aug. 2024 was 11.28%.

The historical rank and industry rank for Nike's Pretax Margin % or its related term are showing as below:

MIL:1NKE' s Pretax Margin % Range Over the Past 10 Years
Min: 7.72   Med: 13.39   Max: 14.96
Current: 12.72


MIL:1NKE's Pretax Margin % is ranked better than
83.04% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.68 vs MIL:1NKE: 12.72

Nike Pretax Margin % Historical Data

The historical data trend for Nike's Pretax 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.

* Premium members only.

Nike Pretax Margin % Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.72 14.96 14.24 12.11 13.04

Nike Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.74 14.36 11.30 13.69 11.28

Competitive Comparison of Nike's Pretax Margin %

For the Footwear & Accessories subindustry, Nike's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nike's Pretax Margin % falls into.



Nike Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Nike's Pretax Margin for the fiscal year that ended in May. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2024 )/Revenue (A: May. 2024 )
=6197.5/47509.85
=13.04 %

Nike's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=1185.449/10511.223
=11.28 %

* 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  (MIL:1NKE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Nike Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Nike's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nike Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, 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.

Nike Headlines

No Headlines