| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | 2 | — | 1 | 2 | — | 1 | 1 | — | 1 | — |
| total | individual payouts | |
|---|---|---|
| 2026 | 0.99 |
—
—
—
|
| 2025 | 1.32 |
—
—
—
—
|
| 2024 | 1.32 |
—
—
—
—
|
| 2023 | 1.26 |
—
—
—
—
|
| 2022 | 1.21 |
—
—
—
—
|
| 2021 | 0.93 |
—
—
—
—
|
| 2020 | 0.72 |
—
—
—
—
|
| 2019 | 0.59 |
—
—
—
—
|
| 2018 | 0.48 |
—
—
—
—
|
| 2017 | 0.28 |
—
—
—
—
|
| 2016 | 0.33 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 138.62 | 162.04 | 176.40 | 175.25 |
| Receivables | 43.16 | 40.65 | 50.45 | 76.41 |
| Inventory | 261.47 | 209.79 | 170.73 | 188.26 |
| Other | 15.41 | 16.25 | 11.21 | 7.98 |
| 458.66 | 428.73 | 408.79 | 447.90 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 42.74 | 36.08 | 40.09 | 53.19 |
| ST’ Debt | 7.01 | — | — | — |
| Other | 9.57 | 10.48 | 10.30 | 11.14 |
| 104.01 | 90.44 | 104.64 | 132.95 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 140.94 | 194.48 | 189.73 | — |
—
|
| ’25 | 107.65 | 168.35 | 180.66 | 135.76 |
592.42
|
| ’24 | 138.64 | 175.86 | 172.47 | 105.87 |
592.85
|
| ’23 | 178.34 | 202.12 | 187.05 | 96.35 |
663.84
|
| ’22 | 153.52 | 189.62 | 203.82 | 196.39 |
743.36
|
| ’21 | 165.67 | 206.16 | 213.57 | 166.26 |
751.65
|
| ’20 | 128.05 | 163.08 | 138.39 | 164.68 |
594.21
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | (38.41) | (12.28) | 77.69 | — |
—
|
| ’25 | (36.91) | (1.66) | 71.38 | 23.40 |
56.21
|
| ’24 | (33.69) | (18.08) | 73.66 | 19.09 |
40.98
|
| ’23 | (17.57) | (0.52) | 63.31 | (3.50) |
41.71
|
| ’22 | (62.77) | (41.87) | 18.24 | 24.27 |
(62.14)
|
| ’21 | (11.24) | (0.72) | 69.57 | 0.71 |
58.32
|
| ’20 | (29.09) | 0.10 | 54.55 | 35.93 |
61.49
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | (42.71) | (18.47) | 71.84 | — |
—
|
| ’25 | (40.99) | (4.95) | 66.93 | 19.25 |
40.23
|
| ’24 | (36.50) | (23.23) | 67.43 | 13.52 |
21.21
|
| ’23 | (24.22) | 7.12 | 57.88 | (6.74) |
34.04
|
| ’22 | (69.02) | (51.35) | 8.81 | 17.74 |
(93.82)
|
| ’21 | (15.63) | (6.15) | 63.92 | (5.21) |
36.94
|
| ’20 | (32.39) | (4.36) | 50.97 | 31.69 |
45.91
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | (0.33) | 0.89 | 1.42 | — |
—
|
| ’25 | (1.49) | 0.22 | 0.75 | (2.83) |
(3.35)
|
| ’24 | 0.38 | 0.21 | 0.16 | (3.35) |
(2.60)
|
| ’23 | 0.57 | 1.45 | 1.44 | (1.56) |
1.90
|
| ’22 | 1.07 | 0.97 | 1.38 | 0.95 |
4.37
|
| ’21 | 1.96 | 2.74 | 2.83 | 0.68 |
8.21
|
| ’20 | 0.64 | 2.02 | 1.27 | 1.53 |
5.47
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 46.30 | 44.36 | 29.98 | 21.33 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 96.63 | 71.88 | 53.86 | 48.50 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,500 | 1,400 | 1,200 | 1,300 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.50 | 0.47 | 0.49 | 0.46 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 743.36 | 663.84 | 592.85 | 592.42 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 36.50% | 36.77% | 33.90% | 35.13% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 58.89 | 25.82 | (29.86) | (9.28) | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.92% | 3.89% | (5.04%) | (1.57%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 44.49 | 19.53 | (26.53) | (34.29) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.27 | 16.33 | 19.64 | 20.71 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 73.45 | 65.24 | 58.00 | 57.72 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 4.37 | 1.90 | (2.60) | (3.35) | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (6.14) | 4.10 | 4.01 | 5.48 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.13) | (0.75) | (1.93) | (1.56) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (9.27) | 3.34 | 2.08 | 3.92 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 48.22 | 49.11 | 45.34 | 40.77 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.12 | 10.18 | 10.22 | 10.26 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.74 | 28.74 | 0.00 | 0.00 | ‡‡‡‡ | ‡‡‡‡ | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.70 | 0.84 | 0.62 | 0.70 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.06 | 1.11 | 0.80 | 0.99 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.60 | 0.71 | 0.44 | 0.49 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.77) | 13.79 | 12.27 | 7.22 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (62.14) | 41.71 | 40.98 | 56.21 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (31.68) | (7.68) | (19.77) | (15.97) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (93.82) | 34.04 | 21.21 | 40.23 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 365.60 | 354.65 | 338.28 | 304.15 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 57.90 | 52.34 | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (71.90) | (86.27) | (162.04) | (176.40) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 488.01 | 499.74 | 463.42 | 418.42 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.55% | 2.87% | (4.03%) | (5.53%) | ‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.96% | 1.77% | (9.03%) | (4.18%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.36% | 3.96% | (5.51%) | (7.78%) | ‡‡‡‡‡ | — | — |
ROE
|
Johnson Outdoors Inc. (JOUT), a leader in marine electronics and outdoor recreation gear, experienced a dramatic boom from 2016-2021, with revenue surging 73% to $752 million amid pandemic-driven demand for boating and fishing products. However, post-2021 normalization, inflation, and boating sector destocking triggered a sharp contraction to $593 million in 2024, alongside margin erosion from 44.5% to 33.9% and swinging from peak profits (EPS $8.21) to losses (EPS -$3.35 in 2025). This cyclical volatility in leisure spending underscores the stock’s beta sensitivity, with shares halving from pandemic highs and now trading at discounted valuations (PS 0.62x, PB near 1x).
Despite challenges, JOUT’s fortress-like balance sheet shines: negative net debt exceeding $170 million, robust equity at 41% of revenue, and recovering free cash flow ($3.92 per share in 2025) provide a safety net for risk-averse investors. Analysts forecast a modest rebound—revenue to $673 million by 2026, profitability restoration (EPS $2.45 in 2027)—with price targets implying 11% upside and attractive EV/FCF at 7x, though absent insider buying tempers optimism.
For capital preservation seekers, JOUT offers downside protection via its cash hoard (40%+ of market cap) and 10%+ FCF yield potential, but recession risks and persistent margin pressures demand caution—history cautions against chasing echoes of past booms.
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