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MARKETS / NASDAQ / ASO
NASDAQ · RETAIL-MISCELLANEOUS SHOPPING GOODS STORES · LARGE CAP

Academy Sports & Outdoors, Inc. ASO

8 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$6.1B
▲ 2.0% YoY
$376.8M
▼ 10.0% YoY
$222.1M
▼ 32.4% YoY
In brief

What this company does

Academy Sports + Outdoors operates as a full-line sporting goods and outdoor recreation retailer in the United States. As of January 31, 2026, it operated 322 stores across 21 contiguous states. As of January 31, 2026, it employed approximately 23,000 team members in the United States and Hong Kong, of whom approximately 45% were full-time and 55% were part-time. The company operates three distribution centers, located in Katy, Texas; Twiggs County, Georgia; and Cookeville, Tennessee. Its product assortment is organized around four categories — outdoor, sports & recreation, apparel, and footwear — which represented 31%, 22%, 27% and 20% of 2025 net sales, respectively. Academy Sports + Outdoors was originally founded in 1938 as a family business in Texas.

Written from the business description in Academy Sports & Outdoors, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 March 2026. Every sentence was checked against that document before publication.

Growth
USD 6.1B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 6.1 · Net income 0.4
2.5B5.0B20182019202020212022202320242025
Compound annual growth
−1.8%
+1.2%
−15.7%
+4.1%
−9.6%
+7.9%
+20.1%
−22.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.2% a year over five years — but profit grew faster: net income at +4.1%, earnings per share at +7.9%.

The share count fell from 0.09B to 0.06B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.5% · Net 6.2%
5%10%20182019202020212022202320242025
ROE
FY2025 · ROE 18.0%
20%40%20182019202020212022202320242025

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders
USD 229.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 222.1
400M800M20182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 34.7 · Net buybacks 194.6
200M400M-80M-160M2019202020212022202320242025

USD 34.7M in dividends and USD 194.6M in buybacks — 61% of the year's profit went back to shareholders.

Total assetsUSD 5.3B
EquityUSD 2.2B
CashUSD 330.3M
Gross debtUSD 483.8M
Net debtUSD 153.5M
Current ratio1.89×

Net debt stands at 7% of equity.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B6.15.96.26.46.85.74.84.8
Operating income $B0.50.50.70.80.90.40.20.1
EBITDA $B0.60.70.81.01.00.50.30.3
Income tax $B0.10.10.10.20.20.00.00.0
Net income $B0.40.40.50.60.70.30.10.0
Free cash flow $B0.20.30.30.40.61.00.20.1
EPS, diluted $5.545.736.707.497.123.791.600.29
Dividend / sh $0.130.110.090.07····
Payout %985400··
ROE %18.021.129.040.652.127.8··
Shares out B0.060.070.070.080.090.09··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Miscellaneous Shopping Goods Stores
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 31
Data on record since2018

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