Amer Sports, Inc. AS

27.77 1.00 3.74% as of 25 Sep
Market cap
$15.6B
P/E
28.6×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 33.34
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — 6 1 3 — — 2
Insider Ownership 68.67%

Capital & Financial Ratios

Market Cap 15,580.00
Revenue 7,435.50
Net Income 567.70
Free Cash Flow 634.80
Net Debt 202.10
Current Ratio 1.76
Debt/Equity 0.13
P/E ratio 28.57
P/S ratio 2.17
P/B ratio 2.34
Past 5Y EPS Growth —
This Y EPS Growth 34.39%
Next Y EPS Growth 25.54%
Next 5Y EPS Growth 27.13%
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2027 Powerpack
2026 Powerpack
2025 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 483 345 652 720
Receivables 600 667 809 575
Inventory 1,100 1,223 1,622 1,897
Other 7 10 20 23
2,352 2,459 3,304 3,473
2023 2024 2025 Q'26
Payables 427 549 770 751
ST’ Debt 381 137 143 147
Other 597 781 1,045 871
1,574 1,614 2,209 1,974
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 22.77%
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue

Mar Jun Sep Dec Year
’26 1,946 1,633 — — —
’25 1,473 1,236 1,756 2,101 6,566
’24 1,193 1,001 1,354 1,636 5,183
’23 1,050 857 1,153 1,340 4,400
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 172 167 — — —
’25 164 (56) (3) 625 730
’24 117 (50) (49) 407 425
’23 0 (67) (14) 280 199
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 86 81 — — —
’25 96 (118) (70) 537 446
’24 53 (114) (106) 320 154
’23 0 (120) (51) 234 63
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.29 0.18 — — —
’25 0.24 0.03 0.25 0.23 0.76
’24 0.01 (0.01) 0.11 0.03 0.14
’23 0.05 (0.25) (0.09) (0.25) (0.54)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — — 10.11 20.21

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — — 29.43 42.36
High Price
— — — — — — 10,800 11,400 13,400 15,400
Employees
— — — — — — 0 0 0 0
Revenue/Emp
— — — — — — 3,549 4,400 5,183 6,566
Revenue
— — — — — — 49.70% 52.45% 55.40% 57.63%
Gross Margin
— — — — — — (183) (105) 161 625
EBT
— — — — — — (5.15%) (2.38%) 3.11% 9.51%
EBT Margin
— — — — — — (253) (209) 78 440
Net Income
— — — — — — 197 221 274 384
Depreciation
— — — — — — 9.23 11.44 10.41 11.82
Revenue/Sh
— — — — — — (0.66) (0.54) 0.15 0.77
Earnings/Sh
— — — — — — (0.24) 0.52 0.85 1.31
Cash Flow/Sh
— — — — — — (0.29) (0.35) (0.54) (0.51)
Capex/Sh
— — — — — — (0.52) 0.16 0.31 0.80
Free CF/Sh
— — — — — — (0.19) (0.41) 10.06 10.48
Book Value/Sh
— — — — — — 384 385 498 556
Shares
— — — — — — 0.00 0.00 199.71 48.51
PE Ratio
— — — — — — 1.17 1.17 2.69 3.16
PS Ratio
— — — — — — 0.00 0.00 2.78 3.57
PB Ratio
— — — — — — 2.55 2.55 2.88 3.30
EV/Sales
— — — — — — 355.72 355.72 97.37 48.63
EV/FCF
— — — — — — (92) 199 425 730
Op' Cash Flow
— — — — — — (110) (136) (271) (284)
Capex
— — — — — — (201) 63 154 446
FCF
— — — — — — 893 778 845 1,095
Working Cap'
— — — — — — 6,173 6,572 1,366 1,596
Total Debt
— — — — — — 5,771 6,088 1,021 944
Net Debt
— — — — — — (74) (157) 5,008 5,821
Sh' Equity
— — — — — — 0.00% (2.56%) 0.87% 4.63%
ROA
— — — — — — 0.56% 3.19% 4.88% 6.48%
ROIC
— — — — — — 0.00% 180.84% 2.99% 7.89%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Amer Sports, Inc. peers in Leisure

All 32 Leisure stocks →

Amer Sports, Inc. (AS) key facts

  • Amer Sports, Inc. (AS) is a Leisure company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • Amer Sports, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 26.7% from fiscal 2024.
  • Net income was $440.4 million, or $0.77 per share (basic), a net margin of 6.51%.
  • As of September 25, 2026, AS traded at $27.77, a market capitalization of $15.6 billion.
  • At that price the stock trades at 28.6× trailing-twelve-month earnings and 2.2× sales.
  • Return on equity was 7.89% and debt-to-equity 0.13.

Source: company filings (standardised) and stockrow calculations.

Amer Sports, Inc. (AS) Latest News

News by impact score

Fine-tune

24 Sep

3

Tributary Capital Management's Q2 2026 investor letter for its Multi Cap Core Equity Strategy shows Amer Sports, Inc. (NYSE: AS) as a new position. Amer Sports, a leading sporting goods maker, is benefiting from projected sales growth and margin expansion as it expands geographically, opens new stores, and boosts online traffic; shifting mix toward direct-to-consumer is expected to lift operating profit beyond top-line gains. AS closed at $26.90 on Sep 23, 2026, after an 11.86% slide in the prior month and a 21.53% drop over the past year; market cap around $15.65B. The fund noted AS isn’t among the 40 most popular hedge-fund stocks, with 59 portfolios holding it at end-Q2 (down from 69 in the prior quarter). The letter also implies AI stock opportunities exist, but diversification helps manage risk. Initiation of a new hedge-fund position and a favorable margin expansion outlook could lift sentiment and upside potential, though near-term stock weakness and limited earnings visibility temper gains.

17 Sep

4

Amer Sports beat earnings expectations then raised full-year guidance, signaling stronger operational momentum and improved outlook for revenue and profitability. Earnings beat followed by raised guidance signals major positive shift in performance trajectory and investor sentiment.

4

Amer Sports projects 2026 growth via margin expansion as its direct-to-consumer model scales. Margin expansion tied to DTC scaling signals major operational shift that can significantly alter trajectory and investor sentiment.

4

Salomon targets $3 billion revenue by 2028. Salomon $3 billion revenue goal by 2028 marks major growth target for key Amer Sports brand.

3

Amer Sports raised its Q3 outlook, supporting fiscal 2026 estimates according to UBS. Raised Q3 outlook reinforces fiscal 2026 estimates and may lift near-term investor sentiment.

16 Sep

3

Amer Sports updates its long-term financial algorithm and issues third quarter 2026 guidance. Financial algorithm revisions and future guidance updates can shift investor views on performance outlook.

27 Aug

4

Amer Sports (AS) continues exceeding its performance targets through sustained sales growth, operational strength and market demand in core segments. Repeated beats on expectations strengthen investor sentiment and support upward re-rating of Amer Sports shares.

25 Aug

4 transcript

Amer Sports (AS) held its Q2 2026 earnings call. Quarterly earnings calls disclose results and guidance that often drive major stock movements.

21 Aug

3

Amer Sports posted 32% revenue growth last quarter led by Arc’teryx and Salomon, with uncertainty whether those brands can maintain the pace going forward. 32% quarterly revenue rise at Amer Sports may lift near-term sentiment but sustainability doubts over key brands limit fundamental trajectory shifts.

19 Aug

4

Amer Sports Q2 sales and profits surged due to Arc’teryx and Salomon growth. Q2 sales and profit surge from key brands signals strong performance likely to boost valuation and outlook.

4

Amer Sports raised 2026 guidance and posted record DTC mix, shifting its investment story toward stronger growth and direct sales momentum. Raised 2026 guidance plus record DTC mix represent major strategic progress that can lift financial trajectory and sentiment.

3

Amer Sports is expanding its premium retail network in North America to strengthen market presence. Retail expansion in North America can moderately lift sales and brand positioning.

3

Amer Sports beat earnings expectations, refocusing attention on the company's fair value. Earnings beat affects near-term valuation views but does not alter core operations.

18 Aug

4

Amer Sports Inc posted record direct-to-consumer growth and margin expansion in its Q2 2026 earnings call. Record DTC growth and margin expansion indicate strengthened operations and sales channels that can materially lift future results and valuation.

4

Amer Sports shares rose after strong second-quarter results and the company raised its 2026 guidance. Strong 2Q beat and higher 2026 targets signal improved outlook that can lift valuation and sentiment.

4

Amer Sports beat second-quarter expectations and raised its full-year outlook. Quarterly beat combined with raised full-year outlook signals stronger performance likely to lift stock trajectory and investor sentiment.

4

Amer Sports beat Q2 forecast and raised full-year outlook. Q2 beat plus raised outlook signals stronger revenue and profit trajectory ahead.

4

Amer Sports shares jumped after beating Q2 earnings expectations and upgrading its 2026 outlook. Q2 earnings beat combined with 2026 outlook upgrade drives share gains and signals stronger growth trajectory.

4

Amer Sports reported second quarter 2026 financial results and raised full year revenue, margin, and EPS guidance. Raised full year guidance after quarterly results signals stronger performance and improved outlook for Amer Sports.

3 transcript

Amer Sports, Inc. held its Q2 2026 earnings call, covering financial results, operational updates and forward guidance. Earnings figures and guidance directly inform near-term revenue expectations and valuation.

3 transcript

Amer Sports Q2 earnings call highlighted revenue growth, segment performance, and updated guidance amid ongoing market expansion. Q2 results and guidance provide standard financial updates likely to influence short-term sentiment without major strategic shifts.

3

Amer Sports reported Q2 earnings results with key financial metrics compared against analyst estimates. Q2 earnings and metric comparisons can shift near-term stock valuation and sentiment.

3

Amer Sports, Inc. (AS) exceeded Q2 earnings and revenue estimates. Beating quarterly estimates typically triggers a positive but limited near-term stock reaction.

14 Aug

3

Truist states Amer Sports holds unique positioning and brand momentum that positions the company for outperformance. Truist analyst note signals modest positive sentiment shift for Amer Sports without indicating major operational or strategic changes.

11 Aug

3

Amer Sports, Inc. (AS) is scheduled to report earnings next week with Wall Street expecting growth. Upcoming earnings report with growth expectations may moderately affect short-term stock performance and sentiment.

30 Jun

3

Amer Sports challenges leading sportswear brands via structural efficiencies rather than marketing spending. Structural focus may improve Amer Sports competitive positioning against major brands.

21 May

3

Amer Sports CFO states there is no visibility on tariff refunds, leaving uncertainty around potential cost recoveries and financial planning. Tariff refund uncertainty introduces potential variability into Amer Sports cost structure and earnings outlook.

19 May

4 transcript

Amer Sports reported Q1 2026 earnings results and provided business updates during its earnings call. Quarterly earnings figures and guidance directly shape near-term valuation and investor sentiment for AS.

4

Amer Sports reported record Q1 2026 growth with strong sales and margins, while outlining strategic expansions into new markets and product lines to drive further gains. Record earnings growth plus announced expansions signal major positive shifts in performance and investor outlook.

3 transcript

Amer Sports held its Q1 2026 earnings call covering revenue, earnings, segment results and management outlook on operations and guidance. Quarterly earnings data and guidance directly inform near-term financial expectations and investor sentiment.

stockrow.com/AS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com