Stocks · Consumer discretionary · Apparel & Other Finishd Prods of Fabrics & Similar Matl

Amer Sports, Inc.

AS Clue Score63
Cayman Islands Fiscal year ends December CIK 0001988894
$28.14 +2.51% Close, 9 Oct 2026
Price $28.14 −13.26% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 1 Feb 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue3.07Operating income0.19Net income−0.13EPS, diluted−0.33Fiscal year 2022Revenue3.57 +16.5%Operating income0.05Net income−0.25EPS, diluted−0.66Fiscal year 2023Revenue4.40 +23.2%Operating income0.30Net income−0.21EPS, diluted−0.54Fiscal year 2024Revenue5.18 +17.8%Operating income0.47Net income0.07EPS, diluted0.14Fiscal year 2025Revenue6.57 +26.7%Operating income0.70Net income0.43 +488.7%EPS, diluted0.76 +442.9%
FY2021FY2022FY2023FY2024FY2025
Revenue 3.07 3.57 4.40 5.18 6.57
Growth +16.5% +23.2% +17.8% +26.7%
Operating income 0.19 0.05 0.30 0.47 0.70
Net income −0.13 −0.25 −0.21 0.07 0.43
Growth +488.7%
EPS, diluted −0.33 −0.66 −0.54 0.14 0.76
Growth +442.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin49.1%Operating margin6.1%Net margin−4.1%Free cash flow margin6.8%Fiscal year 2022Gross margin50.0%Operating margin1.4%Net margin−7.1%Free cash flow margin−4.7%Fiscal year 2023Gross margin52.5%Operating margin6.9%Net margin−4.7%Free cash flow margin1.7%Fiscal year 2024Gross margin55.4%Operating margin9.1%Net margin1.4%Free cash flow margin3.8%Fiscal year 2025Gross margin57.6%Operating margin10.7%Net margin6.5%Free cash flow margin7.8%
FY2021FY2022FY2023FY2024FY2025
Gross margin 49.1% 50.0% 52.5% 55.4% 57.6%
Operating margin 6.1% 1.4% 6.9% 9.1% 10.7%
Net margin −4.1% −7.1% −4.7% 1.4% 6.5%
Free cash flow margin 6.8% −4.7% 1.7% 3.8% 7.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow0.27Capital expenditure−0.06Free cash flow0.21Fiscal year 2022Operating cash flow−0.09Capital expenditure−0.08Free cash flow−0.17 −181.7%Fiscal year 2023Operating cash flow0.20Capital expenditure−0.12Free cash flow0.08Fiscal year 2024Operating cash flow0.42Capital expenditure−0.23Free cash flow0.20 +159.4%Fiscal year 2025Operating cash flow0.73Capital expenditure−0.22Free cash flow0.51 +162.4%
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.27 −0.09 0.20 0.42 0.73
Capital expenditure −0.06 −0.08 −0.12 −0.23 −0.22
Free cash flow 0.21 −0.17 0.08 0.20 0.51
Growth −181.7% +159.4% +162.4%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash0.57Shareholders’ equity0.04Fiscal year 2022Cash0.40Shareholders’ equity−0.07Fiscal year 2023Cash0.48Total debt6.32Net cash (debt)−5.84Shareholders’ equity−0.16Fiscal year 2024Cash0.35Total debt0.93Net cash (debt)−0.58Shareholders’ equity5.00Debt to equity0.19Fiscal year 2025Cash0.65Total debt0.94Net cash (debt)−0.28Shareholders’ equity5.80Debt to equity0.16
FY2021FY2022FY2023FY2024FY2025
Cash 0.57 0.40 0.48 0.35 0.65
Total debt n/a n/a 6.32 0.93 0.94
Net cash (debt) n/a n/a −5.84 −0.58 −0.28
Shareholders’ equity 0.04 −0.07 −0.16 5.00 5.80
Debt to equity n/a n/a n/a 0.19 0.16

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
3.07 3.57 4.40 5.18 6.57
Growth +16.5% +23.2% +17.8% +26.7%
1.56 1.79 2.09 2.31 2.78
1.51 1.79 2.31 2.87 3.78
Growth +18.6% +29.2% +24.4% +31.8%
1.33 1.55 2.01 2.43 3.10
0.19 0.05 0.30 0.47 0.70
Growth −72.9% +497.8% +55.6% +49.1%
−0.09 −0.18 −0.10 0.16 0.62
0.03 0.05 0.10 0.08 0.18
−0.13 −0.25 −0.21 0.07 0.43
Growth +488.7%
Per share
−0.33 −0.66 −0.54 0.15 0.77
−0.33 −0.66 −0.54 0.14 0.76
Growth +442.9%
383.3 384.3 384.5 498.0 555.6
383.3 384.3 384.5 501.7 563.1
Growth +0.3% +0.1% +30.5% +12.2%

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 3 of 5 years on file.