8-K Announcements
6Apr 7, 2026·SEC
Mar 31, 2026·SEC
Mar 17, 2026·SEC
Academy Sports and Outdoors, Inc. (ASO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Academy Sports and Outdoors, Inc. (ASO) stock price & volume — 10-year historical chart
Academy Sports and Outdoors, Inc. (ASO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Academy Sports and Outdoors, Inc. (ASO) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 17, 2026 | $1.97vs $2.03-3.0% | $1.7Bvs $1.8B-2.1% |
| Q4 2025 | Dec 9, 2025 | $1.14vs $1.06+7.5% | $1.4Bvs $1.4B-1.3% |
| Q4 2025 | Sep 2, 2025 | $1.94vs $2.12-8.5% | $1.6Bvs $1.4B+13.9% |
| Q3 2025 | Jun 10, 2025 | $0.76vs $0.87-12.2% | $1.4Bvs $1.4B-1.2% |
Academy Sports and Outdoors, Inc. (ASO) competitors in Sporting Goods and Outdoor Retail — business model, growth, and fundamentals comparison
Academy Sports and Outdoors, Inc. (ASO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Academy Sports and Outdoors, Inc. (ASO) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 4.78B | 4.83B | 5.69B | 6.77B | 6.4B | 6.16B | 5.93B | 6.05B |
| Revenue Growth % | - | 0.96% | 17.79% | 19.05% | -5.58% | -3.69% | -3.67% | 2.02% |
| Cost of Goods Sold | 3.42B | 3.4B | 3.96B | 4.42B | 4.18B | 4.05B | 3.92B | 3.95B |
| COGS % of Revenue | 71.41% | 70.37% | 69.52% | 65.29% | 65.4% | 65.74% | 66.1% | 65.22% |
| Gross Profit | 1.37B▲ 0% | 1.43B▲ 4.6% | 1.73B▲ 21.2% | 2.35B▲ 35.6% | 2.21B▼ 5.9% | 2.11B▼ 4.6% | 2.01B▼ 4.7% | 2.11B▲ 4.7% |
| Gross Margin % | 28.59% | 29.63% | 30.48% | 34.71% | 34.6% | 34.26% | 33.9% | 34.78% |
| Gross Profit Growth % | - | 4.62% | 21.16% | 35.58% | -5.89% | -4.62% | -4.68% | 4.68% |
| Operating Expenses | 1.24B | 1.25B | 1.31B | 1.44B | 1.37B | 1.43B | 1.47B | 1.59B |
| OpEx % of Revenue | 25.9% | 25.92% | 23.09% | 21.31% | 21.36% | 23.26% | 24.82% | 26.32% |
| Selling, General & Admin | 1.24B | 1.25B | 1.31B | 1.44B | 1.37B | 1.43B | 1.47B | 1.59B |
| SG&A % of Revenue | 25.9% | 25.92% | 23.09% | 21.31% | 21.36% | 23.26% | 24.82% | 26.32% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 3.1M | 2.48M | 1.65M | 2.82M | 0 | 0 | 0 | 0 |
| Operating Income | 128.95M▲ 0% | 179.42M▲ 39.1% | 420.4M▲ 134.3% | 907.95M▲ 116.0% | 846.55M▼ 6.8% | 677.86M▼ 19.9% | 538.64M▼ 20.5% | 512.18M▼ 4.9% |
| Operating Margin % | 2.7% | 3.71% | 7.39% | 13.41% | 13.24% | 11.01% | 9.08% | 8.46% |
| Operating Income Growth % | - | 39.14% | 134.31% | 115.97% | -6.76% | -19.93% | -20.54% | -4.91% |
| EBITDA | 262.85M | 300.64M | 539.76M | 1.01B | 953.29M | 788.79M | 656.71M | 635.05M |
| EBITDA Margin % | 5.49% | 6.22% | 9.49% | 14.88% | 14.91% | 12.81% | 11.07% | 10.49% |
| EBITDA Growth % | - | 14.38% | 79.54% | 86.69% | -5.4% | -17.26% | -16.74% | -3.3% |
| D&A (Non-Cash Add-back) | 133.9M | 121.22M | 119.36M | 99.75M | 106.75M | 110.94M | 118.07M | 122.87M |
| EBIT | 130.94M | 224.59M | 415.59M | 905.21M | 864.76M | 709.21M | 575.1M | 512.18M |
| Net Interest Income | -108.65M | -101.31M | -86.51M | -48.99M | -46.44M | -46.05M | -36.87M | -36.21M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 108.65M | 101.31M | 86.51M | 48.99M | 46.44M | 46.05M | 36.87M | 36.21M |
| Other Income/Expense | -105.56M | -56.56M | -81.28M | -48.41M | -28.23M | -14.7M | -414K | -26.13M |
| Pretax Income | 23.39M▲ 0% | 122.86M▲ 425.2% | 339.12M▲ 176.0% | 859.54M▲ 153.5% | 818.32M▼ 4.8% | 663.16M▼ 19.0% | 538.23M▼ 18.8% | 486.06M▼ 9.7% |
| Pretax Margin % | 0.49% | 2.54% | 5.96% | 12.69% | 12.8% | 10.77% | 9.07% | 8.03% |
| Income Tax | 1.95M | 2.82M | 30.36M | 188.16M | 190.32M | 143.97M | 119.78M | 109.29M |
| Effective Tax Rate % | 8.34% | 2.29% | 8.95% | 21.89% | 23.26% | 21.71% | 22.25% | 22.48% |
| Net Income | 21.44M▲ 0% | 120.04M▲ 459.8% | 308.76M▲ 157.2% | 671.38M▲ 117.4% | 628M▼ 6.5% | 519.19M▼ 17.3% | 418.45M▼ 19.4% | 376.77M▼ 10.0% |
| Net Margin % | 0.45% | 2.49% | 5.43% | 9.91% | 9.82% | 8.43% | 7.05% | 6.22% |
| Net Income Growth % | - | 459.85% | 157.21% | 117.44% | -6.46% | -17.33% | -19.4% | -9.96% |
| Net Income (Continuing) | 21.44M | 120.04M | 308.76M | 671.38M | 628M | 519.19M | 418.45M | 376.77M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.27▲ 0% | 1.33▲ 392.6% | 3.39▲ 154.9% | 7.12▲ 110.0% | 7.49▲ 5.2% | 6.70▼ 10.5% | 5.73▼ 14.5% | 5.54▼ 3.3% |
| EPS Growth % | - | 392.59% | 154.89% | 110.03% | 5.2% | -10.55% | -14.48% | -3.32% |
| EPS (Basic) | 0.28 | 1.33 | 3.39 | 7.38 | 7.70 | 6.89 | 5.87 | 5.66 |
| Diluted Shares Outstanding | 78.57M | 90.45M | 91.11M | 94.28M | 83.89M | 77.47M | 73.05M | 68.03M |
| Basic Shares Outstanding | 76.56M | 90.45M | 91.11M | 90.96M | 81.59M | 75.39M | 71.34M | 66.61M |
| Dividend Payout Ratio | - | - | 83.24% | - | 3.92% | 5.24% | 7.52% | 9.2% |
Academy Sports and Outdoors, Inc. (ASO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.27B | 1.29B | 1.42B | 1.72B | 1.69B | 1.64B | 1.71B | 1.95B |
| Cash & Short-Term Investments | 75.69M | 149.38M | 377.6M | 486M | 337.14M | 347.92M | 288.93M | 330.32M |
| Cash Only | 75.69M | 149.38M | 377.6M | 486M | 337.14M | 347.92M | 288.93M | 330.32M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 15.72M | 14M | 17.31M | 19.72M | 16.5M | 19.37M | 16.76M | 34.76M |
| Days Sales Outstanding | 1.2 | 1.06 | 1.11 | 1.06 | 0.94 | 1.15 | 1.03 | 2.1 |
| Inventory | 1.13B | 1.1B | 990.03M | 1.17B | 1.28B | 1.19B | 1.31B | 1.5B |
| Days Inventory Outstanding | 121.19 | 118.11 | 91.36 | 96.72 | 112.01 | 107.65 | 121.81 | 139.03 |
| Other Current Assets | 1.76M | 1.76M | 1.76M | 1.76M | 1.76M | 83.45M | 95.62M | 85.41M |
| Total Non-Current Assets | 1.97B | 3.04B | 2.97B | 2.87B | 2.91B | 3.03B | 3.19B | 3.32B |
| Property, Plant & Equipment | 496.15M | 1.59B | 1.52B | 1.43B | 1.45B | 1.56B | 1.7B | 1.82B |
| Fixed Asset Turnover | 9.64x | 3.04x | 3.74x | 4.75x | 4.41x | 3.96x | 3.49x | 3.33x |
| Goodwill | 861.92M | 861.92M | 861.92M | 861.92M | 861.92M | 861.92M | 861.92M | 861.92M |
| Intangible Assets | 592.07M | 577M | 577M | 577.22M | 577.72M | 578.24M | 579.01M | 579.77M |
| Long-Term Investments | 5.36M | -3.69M | 0 | -33.35M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 12.46M | 15.85M | 8.58M | 4.68M | 17.62M | 35.21M | 51.68M | 642.52M |
| Total Assets | 3.24B▲ 0% | 4.33B▲ 33.7% | 4.38B▲ 1.2% | 4.58B▲ 4.6% | 4.6B▲ 0.2% | 4.68B▲ 1.8% | 4.9B▲ 4.8% | 5.28B▲ 7.7% |
| Asset Turnover | 1.48x | 1.12x | 1.30x | 1.48x | 1.39x | 1.32x | 1.21x | 1.15x |
| Asset Growth % | - | 33.73% | 1.23% | 4.57% | 0.23% | 1.77% | 4.79% | 7.67% |
| Total Current Liabilities | 684.48M | 750.65M | 1.17B | 1.13B | 1.04B | 879.86M | 960.88M | 1.03B |
| Accounts Payable | 432.04M | 428.82M | 791.4M | 737.83M | 686.47M | 541.08M | 612.42M | 637.85M |
| Days Payables Outstanding | 46.16 | 46.05 | 73.03 | 60.9 | 59.91 | 48.77 | 57 | 58.97 |
| Short-Term Debt | 68.31M | 34.12M | 84.34M | 86.08M | 3M | 3M | 3M | 150.49M |
| Deferred Revenue (Current) | 67.53M | 70.22M | 76.78M | 88.71M | 92.6M | 96.69M | 98.64M | 0 |
| Other Current Liabilities | 79.66M | 87.1M | 21.2M | 16.34M | 26.75M | 57.23M | 125.59M | 243.13M |
| Current Ratio | 1.85x | 1.72x | 1.21x | 1.52x | 1.62x | 1.87x | 1.78x | 1.89x |
| Quick Ratio | 0.19x | 0.25x | 0.36x | 0.48x | 0.39x | 0.51x | 0.42x | 0.44x |
| Cash Conversion Cycle | 76.22 | 73.11 | 19.44 | 36.88 | 53.04 | 60.02 | 65.84 | 82.15 |
| Total Non-Current Liabilities | 1.7B | 2.59B | 2.11B | 1.99B | 1.93B | 1.84B | 1.94B | 2.07B |
| Long-Term Debt | 1.56B | 1.43B | 781.49M | 683.59M | 584.46M | 484.55M | 482.68M | 1.26B |
| Capital Lease Obligations | 0 | 1.14B | 1.15B | 1.08B | 1.07B | 1.09B | 1.19B | 1.26B |
| Deferred Tax Liabilities | 3.21M | 3.47M | 138.7M | 217.21M | 259.04M | 254.8M | 256.81M | 300.65M |
| Other Non-Current Liabilities | 140.68M | 20.04M | 35.13M | 12.42M | 12.73M | 11.56M | 10.81M | 30.79M |
| Total Liabilities | 2.38B | 3.34B | 3.27B | 3.12B | 2.97B | 2.72B | 2.9B | 3.11B |
| Total Debt | 1.63B | 2.68B | 2.1B | 1.93B | 1.77B | 1.7B | 1.79B | 1.41B |
| Net Debt | 1.55B | 2.53B | 1.72B | 1.44B | 1.43B | 1.35B | 1.5B | 1.08B |
| Debt / Equity | 192.36x | - | 1.89x | 1.32x | 1.09x | 0.87x | 0.89x | 0.65x |
| Debt / EBITDA | 6.18x | 8.92x | 3.88x | 1.92x | 1.86x | 2.15x | 2.72x | 2.22x |
| Net Debt / EBITDA | 5.89x | 8.42x | 3.18x | 1.43x | 1.50x | 1.71x | 2.28x | 1.70x |
| Interest Coverage | 1.19x | 1.77x | 4.86x | 18.53x | 18.23x | 14.72x | 14.61x | 14.14x |
| Total Equity | 8.45M▲ 0% | -8.07M▼ 195.5% | 1.11B▲ 13886.1% | 1.47B▲ 31.9% | 1.63B▲ 11.0% | 1.95B▲ 20.0% | 2B▲ 2.5% | 2.17B▲ 8.4% |
| Equity Growth % | - | -195.48% | 13886.05% | 31.92% | 11% | 20.04% | 2.53% | 8.35% |
| Book Value per Share | 0.11 | -0.09 | 12.20 | 15.56 | 19.41 | 25.23 | 27.43 | 31.92 |
| Total Shareholders' Equity | 8.45M | -8.07M | 1.11B | 1.47B | 1.63B | 1.95B | 2B | 2.17B |
| Common Stock | 848.59M | 996.28M | 911K | 870K | 767K | 743K | 683K | 649K |
| Retained Earnings | -858.03M | -1.01B | 987.17M | 1.27B | 1.41B | 1.71B | 1.76B | 1.91B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 8.45M | -8.07M | -3.32M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Academy Sports and Outdoors, Inc. (ASO) cash flow — operating, investing & free cash flow history
| Line item | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 198.48M | 263.67M | 1.01B | 673.26M | 552M | 535.78M | 528.08M | 434.8M |
| Operating CF Margin % | 4.15% | 5.46% | 17.78% | 9.94% | 8.63% | 8.7% | 8.9% | 7.18% |
| Operating CF Growth % | - | 32.84% | 283.66% | -33.45% | -18.01% | -2.94% | -1.44% | -17.66% |
| Net Income | 21.44M | 120.04M | 308.76M | 671.38M | 628M | 519.19M | 418.45M | 376.77M |
| Depreciation & Amortization | 132.78M | 117.25M | 105.48M | 105.27M | 106.76M | 110.94M | 118.07M | 122.87M |
| Stock-Based Compensation | 4.63M | 7.88M | 31.62M | 39.26M | 21.18M | 24.38M | 26.63M | 21.18M |
| Deferred Taxes | -494K | 297K | 701K | 79.49M | 41.83M | -4.25M | 2.02M | 43.84M |
| Other Non-Cash Items | 4.82M | -34.04M | 17.34M | 2.23M | 5M | 20.6M | 26.26M | 33.38M |
| Working Capital Changes | 35.3M | 52.23M | 547.7M | -224.38M | -250.76M | -135.08M | -63.34M | -163.24M |
| Change in Receivables | 2.58M | 4.48M | -2.98M | -2.41M | 3.21M | -2.87M | 2.61M | -18M |
| Change in Inventory | 89.28M | 34.41M | 109.52M | -181.77M | -111.71M | 89.36M | -114.68M | -194.92M |
| Change in Payables | -70.03M | -2.9M | 361.52M | -50.63M | -55.4M | -142.35M | 65.76M | 27.34M |
| Cash from Investing | -99.03M | -66.78M | -33.14M | -76.02M | -108.81M | -206.14M | -186.12M | -172.04M |
| Capital Expenditures | -107.91M | -62.82M | -41.27M | -76.02M | -108.81M | -207.77M | -200.36M | -212.67M |
| CapEx % of Revenue | 2.26% | 1.3% | 0.73% | 1.12% | 1.7% | 3.37% | 3.38% | 3.51% |
| Acquisitions | 10.43M | 23K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 8.88M | -3.99M | 8.13M | -215K | -502K | 1.63M | 14.24M | 40.63M |
| Cash from Financing | -54.81M | -123.19M | -750.23M | -488.85M | -592.05M | -318.87M | -400.95M | -221.37M |
| Debt Issued (Net) | -56.06M | -122.82M | -665.07M | -102.25M | -103M | -103M | -3M | -3M |
| Equity Issued (Net) | 0 | -473K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Dividends Paid | 0 | 0 | -257M | 0 | -24.63M | -27.22M | -31.46M | -34.66M |
| Share Repurchases | 0 | -473K | 0 | -411.41M | -489.48M | -202.8M | -364.91M | -198.98M |
| Other Financing | 1.25M | 100K | -35.13M | -27.56M | -1.24M | 14.15M | -1.58M | 5.68M |
| Net Change in Cash | 44.65M▲ 0% | 73.69M▲ 65.1% | 228.22M▲ 209.7% | 108.39M▼ 52.5% | -148.85M▼ 237.3% | 10.78M▲ 107.2% | -58.99M▼ 647.5% | 41.39M▲ 170.2% |
| Free Cash Flow | 90.58M▲ 0% | 200.85M▲ 121.7% | 970.33M▲ 383.1% | 597.25M▼ 38.4% | 443.2M▼ 25.8% | 327.49M▼ 26.1% | 328.49M▲ 0.3% | 222.13M▼ 32.4% |
| FCF Margin % | 1.89% | 4.16% | 17.06% | 8.82% | 6.93% | 5.32% | 5.54% | 3.67% |
| FCF Growth % | - | 121.75% | 383.11% | -38.45% | -25.79% | -26.11% | 0.31% | -32.38% |
| FCF per Share | 1.15 | 2.22 | 10.65 | 6.33 | 5.28 | 4.23 | 4.50 | 3.26 |
| FCF Conversion (FCF/Net Income) | 9.26x | 2.20x | 3.28x | 1.00x | 0.88x | 1.03x | 1.26x | 1.15x |
| Interest Paid | 108.21M | 93.56M | 87.16M | 44.71M | 43.25M | 45.45M | 34.9M | 0 |
| Taxes Paid | 2.45M | 2.59M | 15.53M | 125.04M | 168.18M | 132.13M | 88.4M | 0 |
Academy Sports and Outdoors, Inc. (ASO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 253.81% | 62849.74% | 55.94% | 52.07% | 40.58% | 28.98% | 21.14% | 18.05% |
| Return on Invested Capital (ROIC) | 6.21% | 6.59% | 11.78% | 23.72% | 21.27% | 15.98% | 11.87% | 11.37% |
| Gross Margin | 28.59% | 29.63% | 30.48% | 34.71% | 34.6% | 34.26% | 33.9% | 34.78% |
| Net Margin | 0.45% | 2.49% | 5.43% | 9.91% | 9.82% | 8.43% | 7.05% | 6.22% |
| Debt / Equity | 192.36x | - | 1.89x | 1.32x | 1.09x | 0.87x | 0.89x | 0.65x |
| Interest Coverage | 1.19x | 1.77x | 4.86x | 18.53x | 18.23x | 14.72x | 14.61x | 14.14x |
| FCF Conversion | 9.26x | 2.20x | 3.28x | 1.00x | 0.88x | 1.03x | 1.26x | 1.15x |
| Revenue Growth | - | 0.96% | 17.79% | 19.05% | -5.58% | -3.69% | -3.67% | 2.02% |
Academy Sports and Outdoors, Inc. (ASO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 7, 2026·SEC
Mar 31, 2026·SEC
Mar 17, 2026·SEC
Academy Sports and Outdoors, Inc. (ASO) stock FAQ — growth, dividends, profitability & financials explained
Academy Sports and Outdoors, Inc. (ASO) reported $6.05B in revenue for fiscal year 2025. This represents a 27% increase from $4.78B in 2018.
Academy Sports and Outdoors, Inc. (ASO) grew revenue by 2.0% over the past year. Growth has been modest.
Yes, Academy Sports and Outdoors, Inc. (ASO) is profitable, generating $376.8M in net income for fiscal year 2025 (6.2% net margin).
Yes, Academy Sports and Outdoors, Inc. (ASO) pays a dividend with a yield of 0.94%. This makes it attractive for income-focused investors.
Academy Sports and Outdoors, Inc. (ASO) has a return on equity (ROE) of 18.0%. This is reasonable for most industries.
Academy Sports and Outdoors, Inc. (ASO) generated $264.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Academy Sports and Outdoors, Inc. (ASO) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates