Friday 6 November 2026
Export AS’s income statement to Excel — free account
Amer Sports, Inc.
Amer Sports, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 26.7% from fiscal 2024.
- Revenue
- +32.1%
- EPS
- +500.0%
- Free cash flow
- +169.1%
- Total debt
- −36.4%
Quarter to June 2026, against a year earlier
31.28
0.77
−2.40%
Follow AS
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 3,549 | 4,400 | 5,183 | 6,566 | 7,436 | +22.8% | 243 | 280 | 318 | (63.5%) | |
| Gross margin, % | — | — | — | — | — | — | 49.70 | 52.45 | 55.40 | 57.63 | 59.81 | +7.9 pt | ||||||
| EBT | — | — | — | — | — | — | (183) | (105) | 161 | 625 | 807 | n/m | ||||||
| EBT margin, % | — | — | — | — | — | — | (5.15) | (2.38) | 3.11 | 9.51 | 10.85 | +14.7 pt | ||||||
| Net income | — | — | — | — | — | — | (253) | (209) | 78 | 440 | 568 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 9.23 | 11.44 | 10.41 | 11.82 | 12.76 | +8.6% | |||||
| Earnings | — | — | — | — | — | — | (0.66) | (0.54) | 0.15 | 0.77 | 0.97 | n/m | ||||||
| Cash flow | — | — | — | — | — | — | (0.24) | 0.52 | 0.85 | 1.31 | 1.65 | n/m | ||||||
| Capex | — | — | — | — | — | — | (0.29) | (0.35) | (0.54) | (0.51) | (0.56) | +21.4% | ||||||
| Free cash flow | — | — | — | — | — | — | (0.52) | 0.16 | 0.31 | 0.80 | 1.09 | n/m | ||||||
| Book value | — | — | — | — | — | — | (0.19) | (0.41) | 10.06 | 10.48 | 11.82 | n/m | ||||||
| Shares, m | — | — | — | — | — | — | 384 | 385 | 498 | 556 | 565 | +13.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | 199.71 | 48.51 | 32.25 | 62.1 | |||||
| P/S | — | — | — | — | — | — | 1.17 | 1.17 | 2.69 | 3.16 | 2.45 | 2.0 | ||||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 2.78 | 3.57 | 2.65 | 1.6 | ||||||
| EV/Sales | — | — | — | — | — | — | 2.55 | 2.55 | 2.88 | 3.30 | 2.48 | 2.8 | ||||||
| EV/FCF | — | — | — | — | — | — | 355.72 | 355.72 | 97.37 | 48.63 | 29.03 | 214.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | (92) | 199 | 425 | 730 | 961 | n/m | |||||
| Capex | — | — | — | — | — | — | (110) | (136) | (271) | (284) | (326) | +37.3% | ||||||
| Free cash flow | — | — | — | — | — | — | (201) | 63 | 154 | 446 | 635 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 893 | 778 | 845 | 1,095 | 1,499 | +7.0% | |||||
| Net debt | — | — | — | — | — | — | 5,771 | 6,088 | 1,021 | 944 | 202 | (45.3%) | ||||||
| Shareholders’ equity | — | — | — | — | — | — | (74) | (157) | 5,008 | 5,821 | 6,888 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 0.00 | (2.56) | 0.87 | 4.63 | 5.68 | +4.6 pt | |||||
| ROIC | — | — | — | — | — | — | 0.56 | 3.19 | 4.88 | 6.48 | 8.43 | +5.9 pt | ||||||
| ROE | — | — | — | — | — | — | 0.00 | 180.84 | 2.99 | 7.89 | 8.80 | +7.9 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 10,800 | 11,400 | 13,400 | 15,400 | — | +12.6% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.33 | 0.39 | 0.39 | 0.43 | — | +9.1% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Amer Sports, Inc. vs peers in Leisure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AS Amer Sports, Inc. | $18.2B | 32.2× | 23.8× | +32.06% (above 0%: growing) | +500.00% (above 0%: growing) | +169.07% (above 0%: growing) | 65.64% | 11.74% | |
| HAS Hasbro, Inc. | $16.7B | 17.6× | 17.6× | +14.98% (above 0%: growing) | +68.67% (above 0%: growing) | +11.38% (above 0%: growing) | 75.88% | 32.43% | Compare |
| LTH Life Time Group Holdings, Inc. | $10.7B | 25.2× | 27.6× | +14.17% (above 0%: growing) | +1.13% (above 0%: growing) | −193.08% (below 0%: shrinking) | 46.89% | 17.68% | Compare |
| GOLF Acushnet | $4.9B | 22.5× | 21.3× | −1.28% (below 0%: shrinking) | +4.56% (above 0%: growing) | +39.79% (above 0%: growing) | 49.59% | 12.37% | Compare |
| PLNT Planet Fitness, Inc. | $4.5B | 20.4× | 18.0× | +8.97% (above 0%: growing) | +26.09% (above 0%: growing) | −62.29% (below 0%: shrinking) | 81.84% | 28.19% | Compare |
| MAT Mattel, Inc. | $4.3B | 10.9× | 9.7× | +10.48% (above 0%: growing) | n/m | +29.42% (above 0%: growing) | 48.17% | 0.97% | Compare |
| YETI YETI Holdings, Inc. | $3.4B | 20.1× | 15.1× | +8.52% (above 0%: growing) | +53.23% (above 0%: growing) | −18.84% (below 0%: shrinking) | 66.66% | 19.33% | Compare |
| OSW OneSpaWorld Holdings Limited | $3.1B | 36.6× | 32.6× | +6.97% (above 0%: growing) | +16.04% (above 0%: growing) | +58.18% (above 0%: growing) | 17.97% | 10.83% | Compare |
| CALY Callaway Golf Company | $2.8B | — (loss-making) | 25.8× | +1.97% (above 0%: growing) | +281.82% (above 0%: growing) | +101.95% (above 0%: growing) | 50.10% | 18.75% | Compare |
| Median of peers | $4.4B | 20.4× | 19.7× | +8.75% | +26.09% | +20.40% | 49.85% | 18.22% |
Amer Sports, Inc. (AS) Latest News
26 Oct
13 Oct
17 Sep
19 Aug
18 Aug
AS metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score