Academy Sports & Outdoors, Inc. (ASO)
Academy Sports and Outdoors, Inc., through its various subsidiaries, operates as a significant retailer of sporting goods and outdoor recreational products throughout the United States. The company offers a vast and diverse inventory, encompassing everything from essential camping and marine equipment—like coolers, fishing rods, and bait—to specialized gear for hunting and shooting, including firearms, ammunition, archery supplies, and optics. For athletes and fitness enthusiasts, Academy provides equipment for popular team sports such as baseball, football, basketball, soccer, and golf, alongside fitness machinery, accessories, and nutritional supplements. Their product lines also extend to home and leisure items, featuring patio furniture, outdoor cooking appliances, trampolines, and watersports equipment, as well as various electronics and everyday consumables. Furthermore, the retailer stocks a comprehensive range of apparel, from outdoor and workwear to seasonal clothing, graphic t-shirts, and licensed merchandise from professional and collegiate teams. An extensive footwear selection is also available, covering casual and work boots, youth shoes, and specialized athletic footwear for running, training, and team sports. Academy Sports and Outdoors markets many items under its own private labels, which include Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Outdoor Gourmet, and Freely. As of June 14, 2022, the company maintained a robust physical footprint with 260 retail stores located across 16 contiguous U.S. states, supplemented by its online sales platform, academy.com. The enterprise, established in 1938, is headquartered in Katy, Texas.
Sector: Retail-Miscellaneous Shopping Goods Stores
Industry: Specialty Retail
Academy Sports and Outdoors, Inc.
NASDAQ:ASOConsumer Cyclical · Specialty Retail
-0.80%$67.27
CLOSED · Nov 6Prev close$67.81-0.80%Close$67.27+0.01%AH close$67.27
AH$67.27+0.01%vs close
Mkt Cap$4.14B
Float60.66M
O/S61.58M
VOL1.46M sh
$ Vol$98.74M
RVOL1.06×
Inst Own-
SI15.4%
Div Yield0.86%
Dilution
Financials Summary
Revenue$6.05B
Net Income$376.77M
Total Assets$5.28B
Free Cash Flow$222.13M
Debt & Equity
Debt 47%
Equity 53%
Total Debt$1.89B
Total Equity$2.17B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ASO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.28B
Liabilities$3.11B
Accounts Receivable$34.76M
Accounts Payable$637.85M
Inventory$1.5B
PP&E (Net)$1.82B
Goodwill$861.92M
Intangible Assets$579.77M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 |
| Revenue | $6.05B | $5.93B | $6.16B | $6.4B | $6.77B | $5.69B | $4.83B | $4.78B | $4.84B |
| YoY Growth | 2.0% | -3.7% | -3.7% | -5.6% | 19.1% | 17.8% | 1.0% | -1.1% | - |
| Cost of Revenue | $3.95B | $3.92B | $4.05B | $4.18B | $4.42B | $3.96B | $3.4B | $3.42B | $3.44B |
| Gross Profit | $2.11B | $2.01B | $2.11B | $2.21B | $2.35B | $1.73B | $1.43B | $1.37B | $1.4B |
| Gross Margin | 34.8% | 33.9% | 34.3% | 34.6% | 34.7% | 30.5% | 29.6% | 28.6% | 28.9% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.59B | $1.47B | $1.43B | $1.37B | $1.44B | $1.31B | $1.25B | $1.24B | $1.24B |
| Other | $0 | $0 | $0 | $0 | $2.82M | $1.65M | $2.48M | $3.1M | $2.52M |
| Total Operating Expenses | $1.59B | $1.47B | $1.43B | $1.37B | $1.44B | $1.31B | $1.25B | $1.24B | $1.24B |
| Operating Income (EBIT) | $512.18M | $538.64M | $677.86M | $846.55M | $907.95M | $420.4M | $179.42M | $128.95M | $157.32M |
| Operating Margin | 8.5% | 9.1% | 11.0% | 13.2% | 13.4% | 7.4% | 3.7% | 2.7% | 3.3% |
| Interest Expense | $36.21M | $36.87M | $46.05M | $46.44M | $48.99M | $86.51M | $101.31M | $108.65M | $104.86M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$26.13M | -$414K | -$14.7M | -$28.23M | -$48.41M | -$81.28M | -$56.56M | -$105.56M | -$96.04M |
| Income Before Tax (EBT) | $486.06M | $538.23M | $663.16M | $818.32M | $859.54M | $339.12M | $122.86M | $23.39M | $61.28M |
| Income Tax Expense | $109.29M | $119.78M | $143.97M | $190.32M | $188.16M | $30.36M | $2.82M | $1.95M | $2.78M |
| Net Income | $376.77M | $418.45M | $519.19M | $628M | $671.38M | $308.76M | $120.04M | $21.44M | $58.5M |
| Net Income Margin | 6.2% | 7.1% | 8.4% | 9.8% | 9.9% | 5.4% | 2.5% | 0.4% | 1.2% |
| Supplementary Data | |||||||||
| EPS | 5.66 | 5.87 | 6.89 | 7.70 | 7.38 | 3.39 | 1.33 | 0.28 | 0.70 |
| Diluted EPS | 5.54 | 5.73 | 6.70 | 7.49 | 7.12 | 3.39 | 1.33 | 0.27 | 0.69 |
| Weighted Average OS | 66.61M | 71.34M | 75.39M | 81.59M | 90.96M | 91.11M | 90.45M | 76.56M | 83.01M |
| EBITDA | $645.14M | $693.17M | $820.14M | $971.52M | $1.01B | $521.07M | $341.84M | $263.72M | $291.85M |
| EBITDA Margin | 10.7% | 11.7% | 13.3% | 15.2% | 14.9% | 9.2% | 7.1% | 5.5% | 6.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 | 2022-01-29 | 2021-01-30 | 2020-01-31 | 2019-01-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $330.32M | $288.93M | $347.92M | $337.14M | $486M | $377.6M | $149.38M | $75.69M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $330.32M | $288.93M | $347.92M | $337.14M | $486M | $377.6M | $149.38M | $75.69M |
| Accounts Receivable | $34.76M | $16.76M | $19.37M | $16.5M | $19.72M | $17.31M | $14M | $15.72M |
| Inventory | $1.5B | $1.31B | $1.19B | $1.28B | $1.17B | $990.03M | $1.1B | $1.13B |
| Other Current Assets | $85.41M | $95.62M | $83.45M | $1.76M | $1.76M | $1.76M | $1.76M | $1.76M |
| Total Current Assets | $1.95B | $1.71B | $1.64B | $1.69B | $1.72B | $1.42B | $1.29B | $1.27B |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $1.82B | $1.7B | $1.56B | $1.45B | $1.43B | $1.52B | $1.59B | $496.15M |
| Goodwill | $861.92M | $861.92M | $861.92M | $861.92M | $861.92M | $861.92M | $861.92M | $861.92M |
| Intangible Assets | $579.77M | $579.01M | $578.24M | $577.72M | $577.22M | $577M | $577M | $592.07M |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$33.35M | $0 | -$3.69M | $5.36M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $33.35M | $0 | $3.69M | $3.73M |
| Other Long-Term Assets | $62.76M | $51.68M | $35.21M | $17.62M | $4.68M | $8.58M | $15.85M | $12.46M |
| Total Long-Term Assets | $3.32B | $3.19B | $3.03B | $2.91B | $2.87B | $2.97B | $3.04B | $1.97B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.28B | $4.9B | $4.68B | $4.6B | $4.58B | $4.38B | $4.33B | $3.24B |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $637.85M | $612.42M | $541.08M | $686.47M | $737.83M | $791.4M | $428.82M | $432.04M |
| Short-Term Debt | $3M | $3M | $3M | $3M | $0 | $0 | $34.12M | $68.31M |
| Current Income Tax Payable | $0 | $27.7M | $9.31M | $31.42M | $40.4M | $55.69M | $29.57M | $24.46M |
| Current Unearned Revenue | $102.2M | $98.64M | $96.69M | $92.6M | $88.71M | $76.78M | $70.22M | $67.53M |
| Other Current Liabilities | $56.88M | $125.59M | $57.23M | $26.75M | $102.42M | $105.54M | $87.1M | $79.66M |
| Total Current Liabilities | $1.03B | $960.88M | $879.86M | $1.04B | $1.13B | $1.17B | $750.65M | $684.48M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $480.79M | $482.68M | $484.55M | $584.46M | $683.59M | $781.49M | $1.43B | $1.56B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$3.47M | -$3.21M |
| Long-Term Deferred Tax Liabilities | $300.65M | $256.81M | $254.8M | $259.04M | $217.21M | $138.7M | $3.47M | $3.21M |
| Other Long-Term Liabilities | $30.79M | $10.81M | $11.56M | $12.73M | $12.42M | $35.13M | $20.04M | $140.68M |
| Total Long-Term Liabilities | $2.07B | $1.94B | $1.84B | $1.93B | $1.99B | $2.11B | $2.59B | $1.7B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.11B | $2.9B | $2.72B | $2.97B | $3.12B | $3.27B | $3.34B | $2.38B |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $2.82M | $17.89M |
| Common Stock | $649K | $683K | $743K | $767K | $870K | $911K | $996.28M | $848.59M |
| Retained Earnings | $1.91B | $1.76B | $1.71B | $1.41B | $1.27B | $987.17M | -$1.01B | -$858.03M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | -$3.32M | -$8.07M | $8.45M |
| Other Stockholders' Equity | $256.35M | $247.09M | $242.1M | $216.21M | $198.02M | $123.9M | $2.82M | $17.89M |
| Total Equity | $2.17B | $2B | $1.95B | $1.63B | $1.47B | $1.11B | -$8.07M | $8.45M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.28B | $4.9B | $4.68B | $4.6B | $4.58B | $4.38B | $3.34B | $2.39B |
| Supplementary Data | ||||||||
| Total Debt | $1.89B | $1.79B | $1.7B | $1.77B | $1.84B | $2.01B | $2.68B | $1.63B |
| Net Debt | $1.56B | $1.5B | $1.35B | $1.43B | $1.36B | $1.63B | $2.53B | $1.55B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 | 2022-01-29 | 2021-01-30 | 2020-01-31 | 2019-01-31 | 2018-01-31 |
| Operating Activities | |||||||||
| Net Income | $376.77M | $418.45M | $519.19M | $628M | $671.38M | $308.76M | $120.04M | $21.44M | $58.5M |
| Depreciation & Amortization | $122.87M | $118.07M | $110.94M | $106.76M | $105.27M | $105.48M | $117.25M | $132.78M | $133.2M |
| Deferred Income Tax | $43.84M | $2.02M | -$4.25M | $41.83M | $79.49M | $701K | $297K | -$494K | $147K |
| Stock-Based Compensation | $21.18M | $26.63M | $24.38M | $21.18M | $39.26M | $31.62M | $7.88M | $4.63M | $4.58M |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$18M | $2.61M | -$2.87M | $3.21M | -$2.41M | -$2.98M | $4.48M | $2.58M | $2.93M |
| Inventory | -$194.92M | -$114.68M | $89.36M | -$111.71M | -$181.77M | $109.52M | $34.41M | $89.28M | -$132.69M |
| Accounts Payable | $27.34M | $65.76M | -$142.35M | -$55.4M | -$50.63M | $361.52M | -$2.9M | -$70.03M | $6.98M |
| Other Working Capital | $22.34M | -$17.03M | -$79.22M | -$86.87M | $10.43M | $79.64M | $16.25M | $13.46M | $9.34M |
| Total Working Capital Change | -$163.24M | -$63.34M | -$135.08M | -$250.76M | -$224.38M | $547.7M | $52.23M | $35.3M | -$113.44M |
| Other Non-Cash Items | $33.38M | $26.26M | $20.6M | $5M | $2.23M | $17.34M | -$34.04M | $4.82M | $360K |
| Net Cash from Operating | $434.8M | $528.08M | $535.78M | $552M | $673.26M | $1.01B | $263.67M | $198.48M | $83.36M |
| Investing Activities | |||||||||
| Capital Expenditures | -$212.67M | -$200.36M | -$207.77M | -$108.81M | -$76.02M | -$41.27M | -$62.82M | -$107.91M | -$132.13M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $23K | $10.43M | $15.99M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $40.63M | $14.24M | $1.63M | -$502K | -$215K | $8.13M | -$3.99M | $8.88M | $16.23M |
| Net Cash from Investing | -$172.04M | -$186.12M | -$206.14M | -$108.81M | -$76.02M | -$33.14M | -$66.78M | -$99.03M | -$115.9M |
| Financing Activities | |||||||||
| Debt Repaid | $3M | $3M | $103M | $103M | $102.25M | $665.07M | $122.82M | $53.25M | $2.99M |
| Common Stock Issuance | $9.58M | $0 | $0 | $0 | $0 | $206.97M | $0 | $0 | $0 |
| Common Stock Repurchases | -$198.98M | -$364.91M | -$202.8M | -$489.48M | -$411.41M | $0 | -$473K | $0 | $0 |
| Dividends Paid | -$34.66M | -$31.46M | -$27.22M | -$24.63M | $0 | -$257M | $0 | $0 | $0 |
| Other Financing Activities | $5.68M | -$1.58M | $14.15M | -$1.24M | -$27.56M | -$35.13M | $100K | $1.25M | $11.5M |
| Net Cash from Financing | -$221.37M | -$400.95M | -$318.87M | -$592.05M | -$488.85M | -$750.23M | -$123.19M | -$54.81M | $8.51M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $41.39M | -$58.99M | $10.78M | -$148.85M | $108.39M | $228.22M | $73.69M | $44.65M | -$24.03M |
| Supplementary Data | |||||||||
| Operating Cash Flow | $434.8M | $528.08M | $535.78M | $552M | $673.26M | $1.01B | $263.67M | $198.48M | $83.36M |
| Capital Expenditure | -$212.67M | -$199.59M | -$208.29M | -$108.81M | -$76.02M | -$41.27M | -$62.82M | -$107.91M | -$132.13M |
| Free Cash Flow | $222.13M | $328.49M | $327.49M | $443.2M | $597.25M | $970.33M | $200.85M | $90.58M | -$48.77M |
| Cash at Beginning | $288.93M | $347.92M | $337.14M | $486M | $377.6M | $149.38M | $75.69M | $31.05M | $55.08M |
| Cash at End | $330.32M | $288.93M | $347.92M | $337.14M | $486M | $377.6M | $149.38M | $75.69M | $31.05M |