Academy Sports and Outdoors ASO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 34.6%+0.6pp | 34.8%+0.9pp | 34.4%+0.2pp | 34%-0.3pp | 34%-0.2pp | |
| Operating margin | 8.4%-0.1pp | 8.5%-0.6pp | 8.3%-1.5pp | 8.2%-2.2pp | 8.5%-2.1pp | |
| Net margin | 6.2%-0.3pp | 6.2%-0.8pp | 6.3%-1.2pp | 6.2%-1.8pp | 6.6%-1.6pp | |
| EBITDA margin | 10.4%-0.1pp | 10.5%-0.6pp | 10.3%-1.4pp | 10.2%-2.1pp | 10.6%-1.9pp | |
| Free cash flow margin | 4.1%-0.4pp | 3.9%-1.6pp | 3.4%-3.7pp | 4%-2.7pp | 4.5%-3.4pp | |
| Returns | ||||||
| Return on equity | 18.8%-1.3pp | 18%-3.1pp | 18.3%-5.8pp | 18.4%-8.0pp | 20.1%-7.8pp | |
| Return on assets | 7.2%-0.5pp | 7.4%-1.3pp | 7.2%-1.9pp | 7.3%-2.9pp | 7.7%-2.8pp | |
| Return on invested capital | 11.2%-0.4pp | 11%-1.3pp | 10.7%-2.8pp | 10.8%-4.3pp | 11.6%-4.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.2×0.0× | 1.1×-0.1× | 1.2×-0.1× | 1.2×-0.1× | |
| Inventory turnover | 2.5×-0.2× | 2.8×-0.3× | 2.4×-0.2× | 2.7×-0.3× | 2.7×-0.3× | |
| Liquidity | ||||||
| Current ratio | 1.7×+0.2× | 1.9×+0.1× | 1.7×+0.1× | 1.6×0.0× | 1.5×-0.1× | |
| Quick ratio | 0.4×+0.1× | 0.4×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.3×-0.1× | |
| Cash ratio | 0.3×0.0× | 0.3×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Debt-to-assets | 0.4×0.0× | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.4×0.0× | |
| Net debt / EBITDA | 2.5×0.0× | 2.5×+0.2× | 2.5×+0.4× | 2.5×+0.7× | 2.5×+0.7× | |
| Per Share | ||||||
| Book value per share | $32.16+12.6% | $31.92+12.6% | $31.58+15.6% | $30.66+15.1% | $28.56+13.6% | |
| Valuation | ||||||
| Market capitalization | $3.54B+39.8% | $3.67B+1.0% | $3.19B-10.8% | $3.38B-13.4% | $2.53B-41.2% | |
| Enterprise value | $5.15B+26.3% | $5.23B+2.0% | $4.77B-5.9% | $4.92B-6.7% | $4.08B-27.6% | |
| Price / earnings | 9.2×+2.7× | 9.7×+1.1× | 8.5×+0.6× | 9.1×+1.1× | 6.5×-2.1× | |
| Price / sales | 0.6×+0.1× | 0.6×0.0× | 0.5×-0.1× | 0.6×-0.1× | 0.4×-0.3× | |
| Price / book | 1.7×+0.4× | 1.7×-0.1× | 1.5×-0.3× | 1.6×-0.4× | 1.3×-1.0× | |
| EV / EBITDA | 8×+1.5× | 8.2×+0.4× | 7.7×+0.5× | 8.1×+1.0× | 6.5×-0.8× | |
| EV / sales | 0.8×+0.1× | 0.9×0.0× | 0.8×0.0× | 0.8×0.0× | 0.7×-0.2× | |
| Free cash flow yield | 7.1%-3.5pp | 6.4%-2.6pp | 6.4%-5.6pp | 7.1%-3.5pp | 10.6%-0.7pp | |
| Earnings yield | 10.8%-4.5pp | 10.3%-1.3pp | 11.8%-0.9pp | 11%-1.5pp | 15.3%+3.7pp | |
| Dividend yield | 1%-0.3pp | 0.9%+0.1pp | 1.1%+0.2pp | 1%+0.2pp | 1.3%+0.6pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Academy Sports and Outdoors's profit margins?
- Academy Sports and Outdoors (ASO) runs a 34.6% gross margin and a 8.4% operating margin, with a 6.2% net margin.
- Where do Academy Sports and Outdoors's ratios come from?
- Every ratio is computed from Academy Sports and Outdoors's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.