Friday 6 November 2026
Export ASO’s income statement to Excel — free account
Academy Sports and Outdoors, Inc.
ASO Consumer Cyclical Specialty Retail
Academy Sports and Outdoors, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $6.1 billion, up 2.02% from fiscal 2025.
- Revenue
- +2.97%
- EPS
- +16.9%
- Free cash flow
- +435.2%
- Total debt
- +1.94%
Quarter to July 2026, against a year earlier
67.51
0.18
−0.27%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to January
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Jul ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | 4,836 | 4,784 | 4,830 | 5,689 | 6,773 | 6,395 | 6,159 | 5,933 | 6,053 | 6,191 | +2.8% | 6,322 | 6,626 | 6,943 | +4.7% | |
| Gross margin, % | — | 26.22 | 28.59 | 29.63 | 30.48 | 34.71 | 34.60 | 34.26 | 33.90 | 34.78 | 35.78 | +8.6 pt | ||||||
| EBT | — | 61 | 23 | 123 | 339 | 860 | 818 | 663 | 538 | 486 | 505 | +29.6% | ||||||
| EBT margin, % | — | 1.26 | 0.49 | 2.54 | 5.96 | 12.69 | 12.80 | 10.77 | 9.07 | 8.03 | 8.16 | +6.8 pt | ||||||
| Net income | — | 0 | 0 | 120 | 309 | 671 | 628 | 519 | 418 | 377 | 396 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | 53.73 | 66.05 | 66.64 | 72.94 | 74.47 | 78.38 | 81.70 | 83.17 | 90.88 | 99.39 | +6.8% | |||||
| Earnings | — | 0.65 | 0.30 | 1.66 | 3.96 | 7.38 | 7.70 | 6.89 | 5.87 | 5.66 | 6.12 | +31.1% | ||||||
| Cash flow | — | 0.93 | 2.74 | 3.64 | 12.97 | 7.40 | 6.77 | 7.11 | 7.40 | 6.53 | 8.79 | +27.6% | ||||||
| Capex | — | 0.00 | (1.35) | (0.87) | (0.53) | (0.84) | (1.33) | (2.73) | (2.61) | (2.58) | (2.82) | n/m | ||||||
| Free cash flow | — | 0.93 | 1.39 | 2.77 | 12.44 | 6.57 | 5.43 | 4.37 | 4.79 | 3.94 | 5.97 | +19.9% | ||||||
| Book value | — | 0.00 | 0.00 | 13.63 | 14.26 | 16.13 | 19.96 | 25.93 | 28.09 | 32.60 | 34.97 | n/m | ||||||
| Shares, m | — | 90 | 72 | 72 | 78 | 91 | 82 | 75 | 71 | 67 | 65 | (3.7%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | 4.52 | 4.52 | 4.52 | 5.57 | 5.28 | 7.58 | 9.10 | 8.88 | 9.90 | 11.03 | 6.7 | |||||
| P/S | — | 0.00 | 0.00 | 0.00 | 0.30 | 0.52 | 0.75 | 0.77 | 0.63 | 0.62 | 0.68 | 0.4 | ||||||
| P/B | — | 0.82 | 0.82 | 0.82 | 1.55 | 2.41 | 2.93 | 2.42 | 1.86 | 1.72 | 1.93 | 1.7 | ||||||
| EV/Sales | — | 0.00 | 0.00 | 0.00 | 0.37 | 0.55 | 0.78 | 0.79 | 0.66 | 0.64 | 0.71 | 0.4 | ||||||
| EV/FCF | — | 1.55 | 1.55 | 1.55 | 2.20 | 6.26 | 11.32 | 14.77 | 11.49 | 14.82 | 11.83 | 7.3 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | 83 | 198 | 264 | 1,012 | 673 | 552 | 536 | 528 | 435 | 548 | +22.9% | |||||
| Capex | — | (132) | (97) | (63) | (41) | (76) | (109) | (206) | (186) | (172) | (176) | +3.4% | ||||||
| Free cash flow | — | 83 | 101 | 201 | 970 | 597 | 443 | 330 | 342 | 263 | 372 | +15.4% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | 583 | 539 | 248 | 589 | 648 | 765 | 749 | 922 | 883 | +6.8% | |||||
| Net debt | — | — | 1,549 | 1,313 | 408 | 201 | 250 | 140 | 197 | 153 | 196 | (28.1%) | ||||||
| Shareholders’ equity | — | — | — | 988 | 1,112 | 1,467 | 1,628 | 1,955 | 2,004 | 2,171 | 2,178 | +14.0% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | 0.00 | 0.00 | 5.54 | 7.09 | 14.97 | 13.68 | 11.20 | 8.74 | 7.40 | 7.34 | +7.4 pt | |||||
| ROIC | — | — | 5.20 | 4.87 | 17.29 | 34.03 | 28.16 | 20.23 | 15.30 | 13.77 | 15.57 | +8.6 pt | ||||||
| ROE | — | 0.00 | 2.32 | 13.01 | 29.40 | 52.07 | 40.58 | 28.98 | 21.14 | 18.05 | 18.61 | +18.1 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | 21,000 | — | 22,000 | 22,000 | 22,000 | 22,000 | 22,000 | 23,000 | — | +1.3% | |||||
| Revenue/emp, $m | — | 0.00 | 0.00 | 0.00 | 0.26 | 0.31 | 0.29 | 0.28 | 0.27 | 0.26 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jan 2026 · latest quarter Jul 2026
Academy Sports and Outdoors, Inc. vs peers in Specialty Retail (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 |
|---|---|---|---|---|---|---|---|---|---|
| MUSA Murphy USA Inc. | $9.3B | 14.3× | 15.3× | +34.83% (above 0%: growing) | +41.29% (above 0%: growing) | +185.48% (above 0%: growing) | 10.36% | 3.78% | Compare |
| BBWI Bath & Body Works, Inc. | $4.5B | 5.7× | 7.5× | −2.26% (below 0%: shrinking) | +93.33% (above 0%: growing) | +123.23% (above 0%: growing) | 45.71% | 14.27% | Compare |
| ASO Academy Sports and Outdoors, Inc. | $4.2B | 11.0× | 9.4× | +2.97% (above 0%: growing) | +16.93% (above 0%: growing) | +435.22% (above 0%: growing) | 40.42% | 14.96% | |
| MNSO MINISO Group Holding Limited Unsponsored ADR | $3.2B | 18.7× | 9.5× | +23.53% (above 0%: growing) | n/m | +219.06% (above 0%: growing) | 45.26% | 2.04% | Compare |
| RH RH | $2.6B | 23.3× | 21.6× | +2.56% (above 0%: growing) | +15.22% (above 0%: growing) | +23.83% (above 0%: growing) | 48.24% | 11.67% | Compare |
| BOBS Bob's Discount Furniture, Inc. | $2.5B | 16.7× | 15.4× | +19.47% (above 0%: growing) | +0.03% (above 0%: growing) | +685.84% (above 0%: growing) | 46.45% | 8.68% | Compare |
| ARHS Arhaus, Inc. | $1.8B | 27.5× | 23.2× | +6.83% (above 0%: growing) | −33.33% (below 0%: shrinking) | +303.70% (above 0%: growing) | 39.23% | 2.74% | Compare |
| SBH Sally Beauty Holdings, Inc. | $1.8B | 9.4× | 8.8× | +0.23% (above 0%: growing) | +23.91% (above 0%: growing) | +25.44% (above 0%: growing) | 52.41% | 9.24% | Compare |
| SVV Savers Value Village, Inc. | $1.4B | 22.5× | 21.7× | +8.47% (above 0%: growing) | n/m | +563.29% (above 0%: growing) | 56.89% | 9.83% | Compare |
| Median of peers | $2.6B | 17.7× | 15.4× | +7.65% | +19.57% | +202.27% | 46.08% | 8.96% |
Pay and ownership Proxy statement filed 21 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2026 | 9.56m | 6.90m | 264.15 |
Ownership
Directors and executive officers, together
4.08%
FMR LLC
17.24%
BlackRock, Inc.
14.70%
Dimensional Fund Advisors LP
5.73%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Academy Sports and Outdoors, Inc. (ASO) Latest News
28 Oct
21 Oct
9 Oct
21 Sep
10 Sep
9 Sep
31 Aug
ASO 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score