An outlet nozzle (1) which can be attached to an outlet fitting, or to a similar outlet end of a sanitary water line, which includes a valve unit (3), which is displaceable between a blocking position, closing the water line, and an open position, releasing the water line, wherein at least one aerator unit having a jet divider, homogenizer, and/or flow rectifier, a shower unit, or similar jet former, is provided in the outlet nozzle (1). The outlet nozzle (1) is characterized by the low space requirement and production costs thereof.