Amer Sports, Inc.

AS Consumer Cyclical Leisure

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%
Market cap
$18.2B
P/E
32.2×
Fwd P/E
23.8×
Dividend yield
—
F-score
6/9
Altman Z
3.92
Beneish M
−2.49
Dividend safety
n/a

Amer Sports, Inc. (AS) Piotroski F-score

Alert me on Piotroski F-score

Amer Sports, Inc.'s Piotroski F-score for fiscal 2025 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, down from 8 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 6 (2.00)
FY2024 8 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 4.63% 0.87% Pass 1
Positive operating cash flow 729.80m 424.70m Pass 1
Rising return on assets 4.63% 0.87% Pass 1
Cash flow above net income 302.40m 352.10m Pass 1
Falling long-term leverage 0.16 0.15 Fail 0
Rising current ratio 1.50 1.52 Fail 0
No new shares issued 555,607,000 498,029,000 Fail 0
Rising gross margin 57.63% 55.40% Pass 1
Rising asset turnover 0.71 0.62 Pass 1
Piotroski F-score Mixed 6

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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