Amer Sports, Inc. (AS)
Amer Sports, Inc. is a global enterprise dedicated to the creation, production, promotion, and sale of athletic equipment, clothing, footwear, and related accessories. The company's extensive reach covers Europe, the Middle East, Africa, the Americas, China, and the wider Asia Pacific region. Its operations are structured into three main divisions. The Technical Apparel segment focuses on high-performance outdoor wear, shoes, and accessories, primarily under the Arc'teryx and Peak Performance brands. The Outdoor Performance segment supplies a variety of outdoor apparel, footwear, accessories, and winter sports gear from labels such as Salomon, Atomic, Armada, and ENVE. Finally, the Ball & Racquet Sports segment delivers sports equipment, activewear, and accessories, featuring prominent brands like Wilson, DeMarini, Louisville Slugger, EvoShield, and ATEC. Beyond these brand-specific offerings, Amer Sports' product range includes specialized items like climbing gear, hiking and running shoes, skiing and snowboarding equipment, functional athletic apparel, and lifestyle footwear. They also provide sporting goods for popular activities such as tennis, baseball, American football, basketball, golf, and many other professional and recreational sports. The company's products are distributed through a diverse network that encompasses its own retail stores, major sporting goods retailers, specialty shops, independently operated partner stores, and various distributors. Furthermore, sales are conducted online via their proprietary e-commerce platforms, as well as through retailer-owned and third-party e-commerce sites. Established in 1950 and headquartered in Helsinki, Finland, the company was previously known as Amer Sports Management Holding (Cayman) Limited, officially changing its name to Amer Sports, Inc. in August 2023.
Sector: Apparel & Other Finishd Prods of Fabrics & Similar Matl
Industry: Leisure
Amer Sports, Inc.
No splits on record
Nothing in AS's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $6.57B | $5.18B | $4.4B | $3.57B | $3.07B | $2.45B |
| YoY Growth | 26.7% | 17.8% | 23.2% | 16.5% | 25.4% | - |
| Cost of Revenue | $2.78B | $2.31B | $2.09B | $1.79B | $1.56B | $1.3B |
| Gross Profit | $3.78B | $2.87B | $2.31B | $1.79B | $1.51B | $1.15B |
| Gross Margin | 57.6% | 55.4% | 52.5% | 50.0% | 49.1% | 47.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.1B | $2.43B | $2.01B | $1.54B | $1.33B | $1.01B |
| Other | $0 | -$29.4M | -$8.9M | $190.4M | -$8.3M | $13.3M |
| Total Operating Expenses | $3.1B | $2.4B | $2.01B | $1.74B | $1.32B | $1.02B |
| Operating Income (EBIT) | $679.7M | $470.8M | $302.5M | $50.6M | $186.9M | $125.1M |
| Operating Margin | 10.4% | 9.1% | 6.9% | 1.4% | 6.1% | 5.1% |
| Interest Expense | $97.7M | $230.8M | $401.7M | $248.9M | $278.6M | $272.4M |
| Interest Income | $6.4M | $8.8M | $2.4M | $3.1M | $1.6M | $1M |
| Other Income (Expense) | -$55.2M | -$309.6M | -$407.1M | -$233.2M | -$276.7M | -$272.5M |
| Income Before Tax (EBT) | $624.5M | $161.2M | -$104.6M | -$182.6M | -$89.8M | -$147.4M |
| Income Tax Expense | $184.1M | $82.8M | $104.2M | $48.3M | $34.7M | $26.2M |
| Net Income | $427.4M | $72.6M | -$208.6M | -$252.7M | -$126.3M | -$237.2M |
| Net Income Margin | 6.5% | 1.4% | -4.7% | -7.1% | -4.1% | -9.7% |
| Supplementary Data | ||||||
| EPS | 0.77 | 0.15 | -0.43 | -0.52 | -0.26 | -0.48 |
| Diluted EPS | 0.76 | 0.14 | -0.43 | -0.52 | -0.26 | -0.48 |
| Weighted Average OS | 555.61M | 498.03M | 489.50M | 489.50M | 489.50M | 489.50M |
| EBITDA | $1.11B | $653.8M | $518M | $258.3M | $371.2M | $292.5M |
| EBITDA Margin | 16.8% | 12.6% | 11.8% | 7.2% | 12.1% | 12.0% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $652.3M | $345.4M | $483.4M | $402M | $566.7M | $389.5M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $652.3M | $345.4M | $483.4M | $402M | $566.7M | $389.5M |
| Accounts Receivable | $952.3M | $746.7M | $717M | $757.9M | $629.7M | $602.9M |
| Inventory | $1.62B | $1.22B | $1.1B | $912.5M | $582.8M | $569.5M |
| Other Current Assets | $77.3M | $43.7M | $12.5M | $23.5M | $74.5M | $558.5M |
| Total Current Assets | $3.3B | $2.4B | $2.35B | $2.17B | $1.89B | $2.16B |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $1.46B | $1.07B | $719M | $545.6M | $580.4M | $653.6M |
| Goodwill | $2.34B | $2.13B | $2.27B | $2.24B | $2.48B | $2.56B |
| Intangible Assets | $2.78B | $2.59B | $2.75B | $2.76B | $2.87B | $3.08B |
| Long-Term Investments | $70.7M | $16.8M | $9.2M | $8.9M | $300K | $400K |
| Deferred Tax Assets | $84.1M | $67.6M | $161.7M | $108.7M | $101.6M | $154.9M |
| Other Long-Term Assets | $24.1M | $61M | $113.5M | $60.8M | $24.8M | $13.5M |
| Total Long-Term Assets | $6.76B | $5.94B | $6.02B | $5.72B | $6.06B | $6.47B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10.06B | $8.34B | $8.37B | $7.9B | $7.95B | $8.62B |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $769.8M | $549M | $426.5M | $435.6M | $320.2M | $293M |
| Short-Term Debt | $142.8M | $136.5M | $381M | $208.3M | $34.8M | $198.2M |
| Current Income Tax Payable | $0 | $84.7M | $72.06M | $69.8M | $70.2M | $78.9M |
| Current Unearned Revenue | $106.7M | $0 | $50.7M | $45.9M | $53M | $38.2M |
| Other Current Liabilities | $365.9M | $667.3M | $398.7M | $96.1M | $107.6M | $294.7M |
| Total Current Liabilities | $2.21B | $1.55B | $1.57B | $1.28B | $947.2M | $1.16B |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $792.3M | $790.8M | $5.94B | $5.83B | $6.04B | $6.53B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $519.5M | $487.4M | $675M | $655.3M | $678.3M | $0 |
| Other Long-Term Liabilities | $61.6M | $56.3M | $90.9M | $70.1M | $92.4M | $894.2M |
| Total Long-Term Liabilities | $2.03B | $1.77B | $6.96B | $6.69B | $6.96B | $7.62B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.24B | $3.33B | $8.53B | $7.97B | $7.91B | $8.78B |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $18.6M | $18.4M | $642.2M | $642.2M | $640.4M | $640.4M |
| Retained Earnings | -$213.6M | -$984.9M | -$1.06B | -$848.9M | -$596.2M | -$469.9M |
| Comprehensive Income & Other | $2.79B | $2.78B | $255.1M | $132.8M | -$6.2M | -$323.4M |
| Other Stockholders' Equity | $6B | $5.97B | $255.1M | $132.8M | -$6.2M | -$323.4M |
| Total Equity | $5.8B | $5B | -$160.2M | -$73.9M | $38M | -$152.9M |
| Minority Interest | $18.9M | $9.1M | $3.4M | $0 | $0 | $0 |
| Total Liabilities and Equity | $10.05B | $8.33B | $8.37B | $7.9B | $7.95B | $8.62B |
| Supplementary Data | ||||||
| Total Debt | $1.75B | $1.48B | $6.66B | $6.24B | $6.3B | $6.99B |
| Net Debt | $1.1B | $1.14B | $6.18B | $5.83B | $5.73B | $6.6B |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | $427.4M | $72.6M | -$208.6M | -$230.9M | -$124.5M | -$173.6M |
| Depreciation & Amortization | $384.2M | $273.8M | $220.9M | $197M | $195.7M | $179.9M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$123.6M | -$53.7M | $41.8M | -$174M | $18.3M | $141M |
| Inventory | -$318.3M | -$172.4M | -$175.1M | -$355.2M | -$50.9M | $43.8M |
| Accounts Payable | $190.1M | $123.7M | -$38.7M | $115.5M | $43.4M | -$31.4M |
| Other Working Capital | $141M | $118.3M | $80.3M | $58.8M | $67.9M | -$33.1M |
| Total Working Capital Change | -$110.8M | $15.9M | -$91.7M | -$354.9M | $78.7M | $120.3M |
| Other Non-Cash Items | $28.4M | $62.4M | $278.4M | $297.1M | $118.1M | $171.3M |
| Net Cash from Operating | $729.2M | $424.7M | $199M | -$91.7M | $268M | $297.9M |
| Investing Activities | ||||||
| Capital Expenditures | -$292.7M | -$288M | -$151.8M | -$119.7M | -$98.9M | -$106.8M |
| Acquisitions | -$45.4M | $19.7M | -$3M | $20.5M | $394.3M | $100K |
| Purchases of Investments | $0 | $0 | $0 | -$19.4M | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$338.1M | -$268.3M | -$154.8M | -$118.6M | $295.4M | -$106.7M |
| Financing Activities | ||||||
| Debt Repaid | $2.3M | $2.78B | -$49.1M | -$11.7M | $136.2M | $56M |
| Common Stock Issuance | $36.8M | $2.57B | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$163.7M | -$110.8M | -$69.1M | -$102.9M | -$74.7M | -$75.5M |
| Net Cash from Financing | -$123.4M | -$266M | $35M | $81.1M | -$369.7M | -$165.3M |
| Forex Effect | $39.2M | -$28.4M | $2.2M | -$35.5M | $373M | -$25.9M |
| Net Change in Cash | $306.9M | -$138M | $81.4M | -$164.7M | $566.7M | $0 |
| Supplementary Data | ||||||
| Operating Cash Flow | $729.2M | $424.7M | $199M | -$91.7M | $268M | $297.9M |
| Capital Expenditure | -$225.5M | -$241.7M | -$139.1M | -$87.6M | -$65.9M | -$92.1M |
| Free Cash Flow | $503.7M | $183M | $59.9M | -$179.3M | $202.1M | $205.8M |
| Cash at Beginning | $345.4M | $483.4M | $402M | $566.7M | $0 | $0 |
| Cash at End | $652.3M | $345.4M | $483.4M | $402M | $566.7M | $0 |