Stocks · Consumer discretionary · Retail-Miscellaneous Shopping Goods Stores

Academy Sports & Outdoors, Inc.

ASO Clue Score39
United States Fiscal year ends January CIK 0001817358
$53.49 +1.38% Close, 9 Oct 2026
Price $53.49 +32.80% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 2 Oct 2020. 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 2019Revenue4,783.9Operating income129.0Net income21.4EPS, diluted0.29Fiscal year 2020Revenue4,829.9 +1.0%Operating income179.4Net income120.0 +459.8%EPS, diluted1.60 +451.7%Fiscal year 2021Revenue5,689.2 +17.8%Operating income420.4Net income308.8 +157.2%EPS, diluted3.79 +136.9%Fiscal year 2022Revenue6,773.1 +19.1%Operating income907.9Net income671.4 +117.4%EPS, diluted7.12 +87.9%Fiscal year 2023Revenue6,395.1 −5.6%Operating income846.5Net income628.0 −6.5%EPS, diluted7.49 +5.2%Fiscal year 2024Revenue6,159.3 −3.7%Operating income677.9Net income519.2 −17.3%EPS, diluted6.70 −10.5%Fiscal year 2025Revenue5,933.5 −3.7%Operating income538.6Net income418.4 −19.4%EPS, diluted5.73 −14.5%Fiscal year 2026Revenue6,053.4 +2.0%Operating income512.2Net income376.8 −10.0%EPS, diluted5.54 −3.3%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 4,783.9 4,829.9 5,689.2 6,773.1 6,395.1 6,159.3 5,933.5 6,053.4
Growth +1.0% +17.8% +19.1% −5.6% −3.7% −3.7% +2.0%
Operating income 129.0 179.4 420.4 907.9 846.5 677.9 538.6 512.2
Net income 21.4 120.0 308.8 671.4 628.0 519.2 418.4 376.8
Growth +459.8% +157.2% +117.4% −6.5% −17.3% −19.4% −10.0%
EPS, diluted 0.29 1.60 3.79 7.12 7.49 6.70 5.73 5.54
Growth +451.7% +136.9% +87.9% +5.2% −10.5% −14.5% −3.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin28.6%Operating margin2.7%Net margin0.4%Free cash flow margin1.9%Fiscal year 2020Gross margin29.6%Operating margin3.7%Net margin2.5%Free cash flow margin4.2%Fiscal year 2021Gross margin30.5%Operating margin7.4%Net margin5.4%Free cash flow margin17.1%Fiscal year 2022Gross margin34.7%Operating margin13.4%Net margin9.9%Free cash flow margin8.8%Fiscal year 2023Gross margin34.6%Operating margin13.2%Net margin9.8%Free cash flow margin6.9%Fiscal year 2024Gross margin34.3%Operating margin11.0%Net margin8.4%Free cash flow margin5.3%Fiscal year 2025Gross margin33.9%Operating margin9.1%Net margin7.1%Free cash flow margin5.5%Fiscal year 2026Gross margin34.8%Operating margin8.5%Net margin6.2%Free cash flow margin3.7%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 28.6% 29.6% 30.5% 34.7% 34.6% 34.3% 33.9% 34.8%
Operating margin 2.7% 3.7% 7.4% 13.4% 13.2% 11.0% 9.1% 8.5%
Net margin 0.4% 2.5% 5.4% 9.9% 9.8% 8.4% 7.1% 6.2%
Free cash flow margin 1.9% 4.2% 17.1% 8.8% 6.9% 5.3% 5.5% 3.7%

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 2019Operating cash flow198.5Capital expenditure−107.9Free cash flow90.6Fiscal year 2020Operating cash flow263.7Capital expenditure−62.8Free cash flow200.9 +121.7%Buybacks0.0Fiscal year 2021Operating cash flow1,011.6Capital expenditure−41.3Free cash flow970.3 +383.1%Buybacks0.0Dividends paid0.0Fiscal year 2022Operating cash flow673.3Capital expenditure−75.8Free cash flow597.5 −38.4%Buybacks−411.4Dividends paid0.0Fiscal year 2023Operating cash flow552.0Capital expenditure−108.3Free cash flow443.7 −25.7%Buybacks−489.5Dividends paid−24.6Fiscal year 2024Operating cash flow535.8Capital expenditure−207.8Free cash flow328.0 −26.1%Buybacks−202.8Dividends paid−27.2Fiscal year 2025Operating cash flow528.1Capital expenditure−199.6Free cash flow328.5 +0.1%Buybacks−364.9Dividends paid−31.5Fiscal year 2026Operating cash flow434.8Capital expenditure−212.7Free cash flow222.1 −32.4%Buybacks−199.0Dividends paid−34.7
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 198.5 263.7 1,011.6 673.3 552.0 535.8 528.1 434.8
Capital expenditure −107.9 −62.8 −41.3 −75.8 −108.3 −207.8 −199.6 −212.7
Free cash flow 90.6 200.9 970.3 597.5 443.7 328.0 328.5 222.1
Growth +121.7% +383.1% −38.4% −25.7% −26.1% +0.1% −32.4%
Buybacks n/a 0.0 0.0 −411.4 −489.5 −202.8 −364.9 −199.0
Dividends paid n/a n/a 0.0 0.0 −24.6 −27.2 −31.5 −34.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash75.7Fiscal year 2020Cash149.4Total debt1,462.7Net cash (debt)−1,313.3Fiscal year 2021Cash377.6Total debt785.5Net cash (debt)−407.9Shareholders’ equity1,112.0Debt to equity0.71Fiscal year 2022Cash486.0Total debt686.6Net cash (debt)−200.6Shareholders’ equity1,466.9Debt to equity0.47Fiscal year 2023Cash337.1Total debt587.5Net cash (debt)−250.3Shareholders’ equity1,628.3Debt to equity0.36Fiscal year 2024Cash347.9Total debt487.6Net cash (debt)−139.6Shareholders’ equity1,954.7Debt to equity0.25Fiscal year 2025Cash288.9Total debt485.7Net cash (debt)−196.8Shareholders’ equity2,004.0Debt to equity0.24Fiscal year 2026Cash330.3Total debt483.8Net cash (debt)−153.5Shareholders’ equity2,171.4Debt to equity0.22
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 75.7 149.4 377.6 486.0 337.1 347.9 288.9 330.3
Total debt n/a 1,462.7 785.5 686.6 587.5 487.6 485.7 483.8
Net cash (debt) n/a −1,313.3 −407.9 −200.6 −250.3 −139.6 −196.8 −153.5
Shareholders’ equity n/a n/a 1,112.0 1,466.9 1,628.3 1,954.7 2,004.0 2,171.4
Debt to equity n/a n/a 0.71 0.47 0.36 0.25 0.24 0.22

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

Financial statements FY2026 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 2 Feb 2019 FY2020 1 Feb 2020 FY2021 30 Jan 2021 FY2022 29 Jan 2022 FY2023 28 Jan 2023 FY2024 3 Feb 2024 FY2025 1 Feb 2025 FY2026 31 Jan 2026
Assets
75.7 149.4 377.6 486.0 337.1 347.9 288.9 330.3
n/a 14.0 17.3 19.7 16.5 19.4 16.8 34.8
n/a 1,099.7 990.0 1,171.8 1,283.5 1,194.2 1,308.8 1,503.8
n/a 441.4 378.3 345.8 351.4 445.2 525.1 584.1
n/a 861.9 861.9 861.9 861.9 861.9 861.9 861.9
n/a 4,331.3 4,384.5 4,584.9 4,595.4 4,676.7 4,901.0 5,277.0
Growth +1.2% +4.6% +0.2% +1.8% +4.8% +7.7%
Liabilities
n/a 34.1 4.0 3.0 3.0 3.0 3.0 3.0
n/a 1,428.5 781.5 683.6 584.5 484.6 482.7 480.8
calc n/a 1,462.7 785.5 686.6 587.5 487.6 485.7 483.8
n/a 3,340.3 3,272.5 3,118.0 2,967.1 2,722.1 2,896.9 3,105.7
Equity
n/a n/a 987.2 1,268.1 1,411.3 1,711.8 1,756.3 1,914.4
n/a n/a 1,112.0 1,466.9 1,628.3 1,954.7 2,004.0 2,171.4
Growth +31.9% +11.0% +20.0% +2.5% +8.4%
Per share and net cash
calc n/a −1,313.3 −407.9 −200.6 −250.3 −139.6 −196.8 −153.5
n/a n/a 91.1 87.1 76.7 74.3 68.3 64.9
calc n/a n/a 12.20 16.85 21.23 26.29 29.33 33.43

Lines marked calc are worked out here from filed figures; point at one for how.