Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026)
Academy Sports & Outdoors (ASO) posted quarterly Gross Margin of 33.24% for Q2 2026, down 71.0% year-over-year from 114.63% in Q2 2025, and down 0.93% quarter-over-quarter from 33.55% in Q1 2026.
Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026) Analysis & Trends
Academy Sports & Outdoors (ASO) has reported Gross Margin for 8 consecutive years, with 33.24% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 71.0% year-over-year to 33.24%; the TTM figure through May 2026 stood at 34.6% (up 58.0% YoY), while the FY2026 annual figure was 34.78%, up 88.0% from the prior year.
- Gross Margin declined to 33.24% in Q2 2026 per ASO's latest filing, from 33.55% in the prior quarter.
- Across five years, Gross Margin topped out at 36.07% in Q3 2024 and bottomed at 32.22% in Q1 2025.
- Historically, Gross Margin has averaged 34.23% across 5 years, with a median of 33.98% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 177 bps — and 2025, when it surged 166 bps.
- Academy Sports & Outdoors' Gross Margin stood at 34.97% in 2022, then decreased by 1 bps to 34.53% in 2023, then retreated by 2 bps to 34.0% in 2024, then grew by 5 bps to 35.66% in 2025, then slipped by 7 bps to 33.24% in 2026.
- Business Quant data shows ASO's Gross Margin at 33.24% in Q2 2026, 33.55% in Q1 2026, and 35.66% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | Academy Sports & Outdoors | 2.94 Bn | 2.60 Bn | 479.35 Mn | 33.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 33.24% |
| Jan 31, 2026 | 33.55% |
| Nov 1, 2025 | 35.66% |
| Aug 2, 2025 | 36.05% |
| May 3, 2025 | 33.95% |
| Feb 1, 2025 | 32.22% |
| Nov 2, 2024 | 34.00% |
| Aug 3, 2024 | 36.07% |
| May 4, 2024 | 33.41% |
| Feb 3, 2024 | 33.26% |
| Oct 28, 2023 | 34.53% |
| Jul 29, 2023 | 35.59% |
| Apr 29, 2023 | 33.76% |
| Jan 28, 2023 | 32.78% |
| Oct 29, 2022 | 34.97% |
| Jul 30, 2022 | 35.33% |
| Apr 30, 2022 | 35.53% |
| Jan 29, 2022 | 32.30% |
| Oct 30, 2021 | 35.21% |
| Jul 31, 2021 | 35.86% |