Nike (CHIX:NKED) Selling, General, & Admin. Expense: €13,802 Mil (TTM As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:NKED Nike Inc CHIX:NKED
55 GF Score
Price €37.83
GF Value €64.03
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Nike Selling, General, & Admin. Expense?

Nike CHIX:NKED +0.17% 55 Selling, General, & Admin. Expense is €13,802 Mil as of May. 2026. GuruFocus rates CHIX:NKED with a GF Score™ of 55/100 and a GF Value™ of €64.03 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nike's selling, general, & admin. expense for the three months ended in May. 2026 was €3,494 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in May. 2026 was €13,802 Mil.


Nike  (CHIX:NKEd) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Nike Selling, General, & Admin. Expense Related Terms


Nike Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Nike's Selling, General, & Admin. Expense 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.

Nike Selling, General, & Admin. Expense Chart

Nike Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,004.58 15,066.84 15,332.80 14,270.06 13,793.58

Nike Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Selling, General, & Admin. Expense 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 3,679.28 3,449.74 3,493.74 3,364.54 3,494.19

CHIX:NKED vs DECK, ONON, BIRK: Selling, General, & Admin. Expense Comparison

For the Footwear & Accessories subindustry, Nike's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Nike's Selling, General, & Admin. Expense falls into.


CHIX:NKED
55GF Score
Nike Inc CHIX:NKED
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nike Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €13,802 Mil.

* 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.

What does a Selling, General, & Admin. Expense of €13,802 Mil mean?
Nike (CHIX:NKED) has a Selling, General, & Admin. Expense of €13,802 Mil as of May. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nike and its competitors.
Is Nike's Selling, General, & Admin. Expense too high?
Nike's current Selling, General, & Admin. Expense is €13,802 Mil. Overall, Nike has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nike's Selling, General, & Admin. Expense compare to DECK and ONON?
Nike's Selling, General, & Admin. Expense of €13,802 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nike and its competitors. Nike's current Selling, General, & Admin. Expense is €13,802 Mil. 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 (CHIX:NKED) is currently considered Significantly Undervalued. The stock's GF Value™ is €64.03, compared to a current price of €37.83 — trading 40.9% below its estimated fair value. The current Selling, General, & Admin. Expense is €13,802 Mil. Nike's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Nike (CHIX:NKED), the current Selling, General, & Admin. Expense is €13,802 Mil as of May. 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 (CHIX:NKED) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of €37.83 is trading 40.9% below its estimated GF Value™ of €64.03. GuruFocus considers Nike to be Significantly Undervalued.

Key valuation signals for CHIX:NKED:

  • Selling, General, & Admin. Expense: €13,802 Mil
  • GF Value™: €64.03 vs. price of €37.83 (40.9% below fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the CHIX:NKED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
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.
55GF Score

Get the complete analysis for CHIX:NKED

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.83
Price
€64.03
GF Value