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ASOAcademy Sports and Outdoors, Inc.
$48.31$3.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
ASO logo

Academy Sports and Outdoors, Inc.

ASO
NASDAQ · Specialty Retail
$48.31
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$3.07B
P/E8.7x
52W High$62.45
Volume1.17M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Structural Margin Gains Offset by Leverage and Consumer Pressure

Academy Sports and Outdoors appears to have achieved a structural margin expansion, with trailing twelve-month gross margins above 36% and operating income growing 44.5% year-over-year in the latest quarter, driven by private label strength and operating lever...

GrowthStable
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

ASO price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-53% Peers

P/E is 53% below peer median

03

Market leadership

RS 40 · Lag

Laggard (Underperforming 60% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Dec 9

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ASO-6.50%
S&P 500 (^GSPC)+12.39%
1-Year Return
ASO+2.39%
S&P 500 (^GSPC)+15.77%
3-Year Return
ASO+8.31%
S&P 500 (^GSPC)+76.58%
5-Year Return
ASO+19.13%
S&P 500 (^GSPC)+70.72%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
8.7x
Forward P/EExpansion
8.2x
EV/EBITDA40th %ile
7.3x
FCF YieldCash Flow
7.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.7x
9.1x
40th· Fair
EV/EBITDA
7.3x
7.9x
40th· Fair
Price/FCF
13.8x
11.6x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$53.54+10.8%
Base (Fair)$113.12+134.3%
Bull$227.24+370.4%
$53.54 Bear$113.12 Base$227.24 Bull
Current Market Price: $48.31
Trades at a 57.3% discount to Base DCF ($113.12)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$6.05B+2.0% YoY
Net income
$377M-10.0% YoY
Free cash flow
$222M-32.4% YoY
Operating margin
8.5%-0.6 pts YoY
ROIC (TTM)10.6%
Avg ROIC 5Y-
ROE (TTM)18%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate3/12 (25%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Sep 9, 2026
$2.31+11.6%
vs $2.07
$1.6B-0.1%
vs $1.6B
Q3 2026
Jun 9, 2026
$0.93+2.0%
vs $0.91
$1.4B+0.3%
vs $1.4B
Q2 2026
Mar 17, 2026
$1.97-3.0%
vs $2.03
$1.7B-2.1%
vs $1.8B
Q4 2025
Dec 9, 2025
$1.14+7.5%
vs $1.06
$1.4B-1.3%
vs $1.4B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
The Motley Fool·Sep 16, 2026
Academy Sports Director Marley Sells 10,432 Shares at $53.25

The transaction involved 10,432 shares executed at $53.25 per share, representing a total value of $555,504 on September 15, 2026. The director traded shares equal to 24% of the direct equity stake held prior to the filing.

Seeking Alpha·Sep 15, 2026
Academy Sports and Outdoors, Inc. (ASO) Presents at Goldman Sachs Global Consumer and Retail Conference Transcript

Academy Sports and Outdoors, Inc. (ASO) Presents at Goldman Sachs Global Consumer and Retail Conference Transcript

PRNewsWire·Sep 14, 2026
Academy Sports + Outdoors Delivers Great Value on Fall Workwear Favorites with Deals on Customers' Favorite Brands

Shop dependable footwear and apparel for the jobsite and beyond in-store and at Academy.com KATY, Texas, Sept. 14, 2026 /PRNewswire/ -- As workwear continues to gain traction among consumers seeking durability, versatility and everyday value, Academy Sports + Outdoors ("Academy" or the "Company") (Nasdaq: ASO) is launching five weeks of savings on trusted workwear brands.

Benzinga·Sep 10, 2026
Academy Sports Analysts Boost Their Forecasts After Upbeat Q2 Earnings

Academy Sports and Outdoors Inc. (NASDAQ:ASO) on Wednesday reported upbeat fiscal second-quarter adjusted earnings and raised its full-year earnings outlook.

Filtered for Academy Sports and Outdoors, Inc.More Headlines
04

Compare before deciding

Benchmark ASO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Academy Sports and Outdoors, Inc. (ASO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ASO logoASOAcademy Sports and Outdoors, Inc.Current
$48.31$3.07B8.722.02%6.22%18.05%1.05%
DKS logoDKSDICK'S Sporting Goods, Inc.
$132.36$11.31B13.2828.06%3.97%14.99%—
BOOT logoBOOTBoot Barn Holdings, Inc.
$124.49$3.77B16.9417.93%10.35%18.78%—
CATO logoCATOThe Cato Corporation
$2.46$44.06M-7.940.62%1.35%5.41%—
WMT logoWMTWalmart Inc.
$110.53$881.03B40.494.73%3.04%21.64%—
TGT logoTGTTarget Corporation
$156.26$70.97B19.22-1.68%4.08%26.66%—

Compare ASO vs Peers

Academy Sports and Outdoors, Inc. (ASO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DKS

Most directly comparable listed peer for ASO.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare ASO against a more recognizable public peer.

Peer Set

Compare Top 5

vs DKS, BOOT, CATO, WMT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

ASO SEC Filings & Documents

Academy Sports and Outdoors, Inc. (ASO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Sep 9, 2026·SEC

Material company update

Jun 9, 2026·SEC

Material company update

Jun 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 17, 2026·SEC

FY 2025

Mar 20, 2025·SEC

FY 2024

Mar 21, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Sep 9, 2026·SEC

FY 2026

Jun 10, 2026·SEC

FY 2025

Dec 9, 2025·SEC

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ASO Frequently Asked Questions

Academy Sports and Outdoors, Inc. (ASO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Academy Sports and Outdoors, Inc.'s revenue?

Academy Sports and Outdoors, Inc. (ASO) reported $6.19B in revenue for fiscal year 2025. This represents a 29% increase from $4.78B in 2018.

How fast is Academy Sports and Outdoors, Inc. growing?

Academy Sports and Outdoors, Inc. (ASO) grew revenue by 2.0% over the past year. Growth has been modest.

Is ASO profitable?

Yes, Academy Sports and Outdoors, Inc. (ASO) is profitable, generating $395.9M in net income for fiscal year 2025 (6.2% net margin).

Dividend & Returns
Does ASO pay dividends?

Yes, Academy Sports and Outdoors, Inc. (ASO) pays a dividend with a yield of 1.05%. This makes it attractive for income-focused investors.

What is ASO's return on equity?

Academy Sports and Outdoors, Inc. (ASO) has a return on equity (ROE) of 18.0%. This is reasonable for most industries.

What is Academy Sports and Outdoors, Inc.'s free cash flow?

Academy Sports and Outdoors, Inc. (ASO) generated $331.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in ASO back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →