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ASO · Nasdaq · United States · Retail-Miscellaneous Shopping Goods Stores
In shortAcademy Sports & Outdoors, Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+2.0% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 8.5% | 45/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 6.2% | 45/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 18.0% | 90/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 15.0% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.89× | 91/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.22× | 99/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.24× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.72 | 67/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 3.7% | 35/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.59× | 36/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 10.1% | 74/100 |
| Operating margin volatility | 2.3% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.8% | 7/100 |
|---|---|---|
| EPS growth, 3-year average | -9.6% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 6,773 | 6,395 | 6,159 | 5,933 | 6,053 |
| Cost of revenue | 4,422 | 4,183 | 4,049 | 3,922 | 3,948 |
| Gross profit | 2,351 | 2,213 | 2,110 | 2,011 | 2,106 |
| Selling, general & admin | 1,443 | 1,366 | 1,432 | 1,473 | 1,593 |
| Operating income | 908 | 847 | 678 | 539 | 512 |
| Pre-tax income | 860 | 818 | 663 | 538 | 486 |
| Income tax | 188 | 190 | 144 | 120 | 109 |
| Net income | 671 | 628 | 519 | 418 | 377 |
| Diluted EPS | $7.12 | $7.49 | $6.70 | $5.73 | $5.54 |
| Diluted shares (millions) | 94 | 84 | 77 | 73 | 68 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
3.72 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 1, 2026 · Data updated Sep 9, 2026