Saturday 17 October 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. In the quarter to June 2026, revenue grew 32.1%, EPS grew 500.0%, free cash flow grew 169.1% and total debt fell 36.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.
30.02
0.08
+0.27%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | 10.11 | 20.21 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | — | 29.43 | 42.36 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 10,800 | 11,400 | 13,400 | 15,400 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.33 | 0.39 | 0.39 | 0.43 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 3,549 | 4,400 | 5,183 | 6,566 | ||||
| Gross margin, % | — | — | — | — | — | — | 49.70 | 52.45 | 55.40 | 57.63 | |||||
| EBT | — | — | — | — | — | — | (183) | (105) | 161 | 625 | |||||
| EBT margin, % | — | — | — | — | — | — | (5.15) | (2.38) | 3.11 | 9.51 | |||||
| Net income | — | — | — | — | — | — | (253) | (209) | 78 | 440 | |||||
| Depreciation | — | — | — | — | — | — | 197 | 221 | 274 | 384 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 9.23 | 11.44 | 10.41 | 11.82 | ||||
| Earnings | — | — | — | — | — | — | (0.66) | (0.54) | 0.15 | 0.77 | |||||
| Cash flow | — | — | — | — | — | — | (0.24) | 0.52 | 0.85 | 1.31 | |||||
| Capex | — | — | — | — | — | — | (0.29) | (0.35) | (0.54) | (0.51) | |||||
| Free cash flow | — | — | — | — | — | — | (0.52) | 0.16 | 0.31 | 0.80 | |||||
| Book value | — | — | — | — | — | — | (0.19) | (0.41) | 10.06 | 10.48 | |||||
| Shares, m | — | — | — | — | — | — | 384 | 385 | 498 | 556 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | 199.71 | 48.51 | ||||
| P/S | — | — | — | — | — | — | 1.17 | 1.17 | 2.69 | 3.16 | |||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 2.78 | 3.57 | |||||
| EV/Sales | — | — | — | — | — | — | 2.55 | 2.55 | 2.88 | 3.30 | |||||
| EV/FCF | — | — | — | — | — | — | 355.72 | 355.72 | 97.37 | 48.63 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | (92) | 199 | 425 | 730 | ||||
| Capex | — | — | — | — | — | — | (110) | (136) | (271) | (284) | |||||
| Free cash flow | — | — | — | — | — | — | (201) | 63 | 154 | 446 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 893 | 778 | 845 | 1,095 | ||||
| Total debt | — | — | — | — | — | — | 6,173 | 6,572 | 1,366 | 1,596 | |||||
| Net debt | — | — | — | — | — | — | 5,771 | 6,088 | 1,021 | 944 | |||||
| Shareholders’ equity | — | — | — | — | — | — | (74) | (157) | 5,008 | 5,821 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 0.00 | (2.56) | 0.87 | 4.63 | ||||
| ROIC | — | — | — | — | — | — | 0.56 | 3.19 | 4.88 | 6.48 | |||||
| ROE | — | — | — | — | — | — | 0.00 | 180.84 | 2.99 | 7.89 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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. | $17.4B | 30.9× | 29.3× | +32.06% (above 0%: growing) | +500.00% (above 0%: growing) | +169.07% (above 0%: growing) | 65.64% | 11.74% | |
| HAS Hasbro, Inc. | $13.9B | 17.5× | 14.6× | +16.19% (above 0%: growing) | n/m | +871.05% (above 0%: growing) | 76.10% | 22.16% | Compare |
| LTH Life Time Group Holdings, Inc. | $9.1B | 21.4× | 21.4× | +13.73% (above 0%: growing) | +39.39% (above 0%: growing) | −104.14% (below 0%: shrinking) | 47.61% | 17.29% | Compare |
| MAT Mattel, Inc. | $5.0B | 12.5× | 8.6× | +10.48% (above 0%: growing) | n/m | +29.42% (above 0%: growing) | 48.17% | 0.97% | Compare |
| GOLF Acushnet | $4.6B | 21.8× | 24.0× | +13.81% (above 0%: growing) | +65.87% (above 0%: growing) | +68.88% (above 0%: growing) | 54.37% | 21.54% | Compare |
| PLNT Planet Fitness, Inc. | $3.7B | 17.3× | 17.5× | +7.14% (above 0%: growing) | +26.09% (above 0%: growing) | −35.08% (below 0%: shrinking) | 82.34% | 33.90% | Compare |
| YETI YETI Holdings, Inc. | $3.1B | 18.5× | 19.1× | +8.52% (above 0%: growing) | +53.23% (above 0%: growing) | −18.84% (below 0%: shrinking) | 66.66% | 19.33% | Compare |
| CALY Callaway Golf Company | $2.5B | 28.2× | 24.7× | +1.97% (above 0%: growing) | +281.82% (above 0%: growing) | +101.95% (above 0%: growing) | 50.10% | 18.75% | Compare |
| OSW OneSpaWorld Holdings Limited | $2.4B | 29.8× | 26.8× | +8.52% (above 0%: growing) | +21.05% (above 0%: growing) | +76.52% (above 0%: growing) | 17.06% | 9.38% | Compare |
| Median of peers | $4.2B | 20.0× | 20.3× | +9.50% | +46.31% | +49.15% | 52.24% | 19.04% |
Amer Sports, Inc. (AS) key facts
- Strength: Amer Sports, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 26.7% from fiscal 2024.
- Strength: Net income was $440.4 million, or $0.77 per share (basic), a net margin of 6.51%.
- Amer Sports, Inc. (AS) is a Leisure company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- As of October 16, 2026, AS traded at $30.02, a market capitalization of $17.4 billion.
- At that price the stock trades at 30.9× trailing-twelve-month earnings and 2.4× sales.
- Return on equity was 7.89% and debt-to-equity 0.13.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.92 (safe zone) for fiscal 2025.