Academy Sports & Outdoors (ASO) Return on Invested Capital [ROIC] (2020 - 2026)
Academy Sports & Outdoors' Return on Invested Capital [ROIC] was 17.56% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 2.52 percentage points from 15.04% a year earlier and up 2.22 percentage points from the prior quarter.
Academy Sports & Outdoors (ASO) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Return on Invested Capital [ROIC] at Academy Sports & Outdoors came in at 15.43%, down 1.55 percentage points from FY2025.
- Return on Invested Capital [ROIC] has now declined for four consecutive fiscal years, with a five-year change of -2.17 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 16.98% in FY2025 (-5.80 pp), 22.79% in FY2024 (-6.95 pp), 29.74% in FY2023 (-5.28 pp) and 35.01% in FY2022 (+17.41 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2025.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in 1 of the last eight quarters, with an average year-over-year change of -2.89 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q3 2022 (a gain of 18.95 percentage points); the worst was fiscal Q4 2024 (a drop of 7.12 percentage points).
- Per Business Quant data, ASO's Return on Invested Capital [ROIC] in the three fiscal quarters before Q2 2027 was 15.34% (Q1 2027), 15.02% (Q4 2026) and 14.80% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 33.92% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 14.40% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 0.00% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 54.96% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 46.64% |
| 10 | Academy Sports & Outdoors | 3.02 Bn | 1.77 Bn | 665.90 Mn | 17.56% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 17.56% |
| May 2, 2026 | 15.34% |
| Jan 31, 2026 | 15.02% |
| Nov 1, 2025 | 14.80% |
| Aug 2, 2025 | 15.04% |
| May 3, 2025 | 15.83% |
| Feb 1, 2025 | 16.96% |
| Nov 2, 2024 | 18.66% |
| Aug 3, 2024 | 20.42% |
| May 4, 2024 | 21.14% |
| Feb 3, 2024 | 22.01% |
| Oct 28, 2023 | 22.31% |
| Jul 29, 2023 | 24.33% |
| Apr 29, 2023 | 26.40% |
| Jan 28, 2023 | 29.13% |
| Oct 29, 2022 | 28.85% |
| Jul 30, 2022 | 30.43% |
| Apr 30, 2022 | 31.04% |
| Jan 29, 2022 | 33.64% |
| Oct 30, 2021 | 31.76% |
Academy Sports & Outdoors Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ASO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ASO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ASO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();