Nike Profit margin
What is the Profit margin of Nike?
The Profit margin of Nike, Inc. is 11.10%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Consumer Discretionary sector on NYSE compared to Nike
What does Nike do?
Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
Companies with profit margin similar to Nike
- Schneider Electric SE has Profit margin of 11.08%
- Schneider Electric SE has Profit margin of 11.08%
- DCM Shriram has Profit margin of 11.09%
- Star Paper Mills has Profit margin of 11.09%
- American Software has Profit margin of 11.09%
- Sitoy has Profit margin of 11.10%
- Nike has Profit margin of 11.10%
- W.W. Grainger has Profit margin of 11.10%
- Star Cement has Profit margin of 11.11%
- Sarla Performance Fibers has Profit margin of 11.11%
- Advanced Braking Technology has Profit margin of 11.12%
- Equinor ASA has Profit margin of 11.12%
- Manulife has Profit margin of 11.12%