Academy Sports & Outdoors reported a gross margin of 33.24% and a net margin of 3.65% for the quarter ended May 2026. These financial ratios cover 29 quarters of results from May 2019 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | May2019 | Aug2019 | Nov2019 | Feb2020 | May2020 | Aug2020 | Oct2020 | Jan2021 | May2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Jan2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||
| Gross Margin | 35.86% | 35.21% | 32.30% | 35.53% | 35.33% | 34.97% | 32.78% | 33.76% | 35.59% | 34.53% | 33.26% | 33.41% | 36.07% | 34.00% | 32.22% | 33.95% | 36.05% | 35.66% | 33.55% | 33.24% | |||||||||
| EBT Margin | 13.45% | 12.89% | 10.42% | 13.30% | 14.64% | 11.37% | 11.80% | 8.58% | 12.84% | 9.30% | 11.77% | 7.16% | 12.04% | 6.61% | 9.86% | 4.66% | 10.30% | 6.80% | 9.55% | 4.78% | |||||||||
| EBIT Margin | 14.21% | 13.57% | 10.96% | 14.00% | 15.22% | 12.02% | 11.73% | 9.12% | 13.33% | 9.78% | 11.36% | 7.50% | 12.27% | 6.81% | 9.23% | 5.13% | 10.77% | 7.26% | 9.90% | 5.18% | |||||||||
| EBITDA Margin | 14.21% | 13.57% | 10.96% | 14.00% | 15.22% | 12.02% | 11.73% | 9.12% | 13.33% | 9.78% | 11.36% | 7.50% | 12.27% | 6.81% | 9.23% | 5.13% | 10.77% | 7.26% | 9.90% | 5.18% | |||||||||
| Operating Margin | 14.21% | 13.57% | 10.96% | 14.00% | 15.22% | 12.02% | 11.73% | 9.12% | 13.33% | 9.78% | 11.36% | 7.50% | 12.27% | 6.81% | 9.23% | 5.13% | 10.77% | 7.26% | 9.90% | 5.18% | |||||||||
| Net Margin | 10.63% | 10.13% | 7.84% | 10.21% | 11.19% | 8.82% | 9.03% | 6.79% | 9.92% | 7.15% | 9.37% | 5.61% | 9.21% | 4.90% | 7.97% | 3.41% | 7.84% | 5.17% | 7.78% | 3.65% | |||||||||
| FCF Margin | 9.46% | 5.31% | 7.79% | 5.44% | 7.74% | 1.30% | 12.25% | 0.84% | 7.72% | 1.09% | 9.97% | 12.27% | 3.24% | 2.56% | 4.56% | 7.89% | 1.36% | -0.98% | 6.24% | 8.44% | |||||||||
| Efficiency | |||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 1,097.91M | 1,220.50M | 1,248.89M | 1,247.85M | 1,314.22M | 1,400.01M | 1,389.49M | 1,334.99M | 1,347.74M | 1,400.63M | 1,343.19M | 1,275.48M | 1,361.71M | 1,445.80M | 1,416.91M | 1,434.44M | 1,573.83M | 1,644.39M | 1,602.46M | 1,579.09M | |||||||||
| Assets AverageAssets Avg. | 4,645.67M | 4,655.01M | 4,630.47M | 4,652.05M | 4,686.56M | 4,718.22M | 4,688.95M | 4,618.69M | 4,658.68M | 4,798.34M | 4,798.99M | 4,775.30M | 4,874.12M | 4,983.07M | 4,996.37M | 5,040.69M | 5,228.20M | 5,344.98M | 5,345.51M | 5,390.32M | |||||||||
| Invested CapitalInvested Cap. | 2,134.72M | 2,062.84M | 2,153.53M | 2,214.83M | 2,207.34M | 2,244.72M | 2,215.76M | 2,268.05M | 2,324.77M | 2,379.45M | 2,442.20M | 2,392.61M | 2,439.01M | 2,447.68M | 2,489.71M | 2,432.44M | 2,559.89M | 2,630.53M | 2,655.17M | 2,604.29M | |||||||||
| Asset Utilization RatioAsset Util. | 1.36 | 1.41 | 1.46 | 1.43 | 1.40 | 1.37 | 1.36 | 1.37 | 1.33 | 1.27 | 1.28 | 1.29 | 1.25 | 1.21 | 1.19 | 1.17 | 1.14 | 1.12 | 1.13 | 1.14 | |||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||
| Debt Ratio | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 | 0.13 | 0.13 | 0.13 | 0.12 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | |||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 22.92 | 30.11 | 22.05 | 26.94 | 13.56 | 22.78 | 14.88 | 25.19 | 9.35 | 18.00 | 8.50 | 17.53 | 5.29 | 14.50 | 8.26 | 15.49 | 5.46 | ||||||||||||
| FCF Payout RatioFCF Cover | 0.08 | 0.05 | 0.31 | 0.03 | 0.59 | 0.06 | 0.44 | 0.04 | 0.05 | 0.16 | 0.22 | 0.10 | 0.08 | 0.40 | -0.64 | 0.08 | 0.08 | ||||||||||||
| Dividend YieldDiv. Yield | 0.21% | 0.18% | 0.17% | 0.14% | 0.14% | 0.16% | 0.21% | 0.14% | 0.20% | 0.23% | 0.22% | 0.21% | 0.34% | 0.26% | 0.27% | 0.24% | 0.28% | ||||||||||||
| Payout Ratio | 0.04 | 0.03 | 0.05 | 0.04 | 0.07 | 0.04 | 0.07 | 0.04 | 0.11 | 0.06 | 0.12 | 0.06 | 0.19 | 0.07 | 0.12 | 0.06 | 0.18 | ||||||||||||
| Valuation | |||||||||||||||||||||||||||||
| Price to EarningsP/E | 18.06 | 23.38 | 23.13 | 21.22 | 18.17 | 26.36 | 27.08 | 51.67 | 27.97 | 32.09 | 28.51 | 54.49 | 24.44 | 53.88 | 26.75 | 56.38 | 26.17 | 44.62 | 26.72 | 64.87 | |||||||||
| Price to SalesP/S | 1.92 | 2.37 | 1.81 | 2.17 | 2.03 | 2.32 | 2.44 | 3.51 | 2.78 | 2.30 | 2.67 | 3.05 | 2.25 | 2.64 | 2.13 | 1.92 | 2.05 | 2.31 | 2.08 | 2.37 | |||||||||
| Price to BookP/B | 2.38 | 2.74 | 2.24 | 2.08 | 2.26 | 2.23 | 2.62 | 2.89 | 2.53 | 1.79 | 2.45 | 2.19 | 1.78 | 1.81 | 1.78 | 1.33 | 1.58 | 1.49 | 1.65 | 1.61 | |||||||||
| Enterprise Value | 2,887.53M | 3,370.40M | 2,793.41M | 2,705.87M | 3,030.71M | 3,154.15M | 3,931.86M | 4,559.91M | 4,082.10M | 2,933.37M | 4,446.16M | 3,788.55M | 3,160.24M | 3,247.46M | 3,285.57M | 2,313.07M | 2,981.77M | 2,903.67M | 3,242.36M | 3,080.78M | |||||||||
| EV to EBIT | 11.34 | 15.60 | 14.09 | 13.17 | 11.80 | 17.57 | 19.20 | 36.13 | 19.35 | 21.45 | 21.80 | 37.00 | 16.63 | 35.50 | 21.24 | 33.39 | 17.30 | 28.92 | 19.06 | 41.27 | |||||||||
| EV to EBITDA | 11.34 | 15.60 | 14.09 | 13.17 | 11.80 | 17.57 | 19.20 | 36.13 | 19.35 | 21.45 | 21.80 | 37.00 | 16.63 | 35.50 | 21.24 | 33.39 | 17.30 | 28.92 | 19.06 | 41.27 | |||||||||
| Market Capitalization | 3,441.35M | 3,771.70M | 3,279.41M | 3,178.26M | 3,430.57M | 3,472.32M | 4,269.01M | 4,855.44M | 4,393.43M | 3,208.20M | 4,794.08M | 4,166.70M | 3,484.81M | 3,543.46M | 3,574.50M | 2,598.17M | 3,282.63M | 3,193.16M | 3,572.68M | 3,418.59M | |||||||||
| Price to FCFP/FCF | 20.30 | 44.59 | 23.26 | 39.82 | 26.28 | 179.36 | 19.95 | 416.03 | 35.97 | 210.07 | 26.79 | 24.88 | 69.49 | 102.86 | 46.76 | 24.36 | 150.38 | -235.50 | 33.32 | 28.09 | |||||||||
| EV to FCF | 17.04 | 39.84 | 19.82 | 33.90 | 23.22 | 162.93 | 18.37 | 390.70 | 33.42 | 192.08 | 24.85 | 22.62 | 63.02 | 94.27 | 42.98 | 21.69 | 136.60 | -214.15 | 30.24 | 25.31 | |||||||||
| EV to CFO | 15.49 | 30.81 | 17.66 | 27.87 | 18.79 | 62.13 | 16.19 | 87.46 | 21.32 | 51.04 | 18.94 | 18.97 | 34.60 | 33.52 | 23.44 | 14.69 | 37.95 | 59.24 | 21.65 | 19.18 | |||||||||
| Return Ratios | |||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 14.21% | 13.57% | 10.96% | 14.00% | 15.22% | 12.02% | 11.73% | 9.12% | 13.33% | 9.78% | 11.36% | 7.50% | 12.27% | 6.81% | 9.23% | 5.13% | 10.77% | 7.26% | 9.90% | 5.18% | |||||||||
| Return on Capital Employed [ROCE]ROCE | 20.68% | 25.46% | 25.92% | 25.25% | 24.57% | 23.81% | 23.19% | 21.50% | 19.83% | 18.72% | 17.30% | 17.90% | 16.74% | 15.59% | 13.35% | 13.38% | 12.15% | 12.06% | 11.87% | 12.52% | |||||||||
| Return on Invested Capital [ROIC]ROIC | 27.21% | 31.76% | 33.64% | 31.04% | 30.43% | 28.85% | 29.13% | 26.40% | 24.33% | 22.31% | 22.01% | 21.14% | 20.42% | 18.66% | 16.96% | 15.83% | 15.04% | 14.80% | 15.02% | 15.34% | |||||||||
| Return on Assets [ROA]ROA | 11.18% | 13.34% | 14.50% | 13.83% | 13.69% | 12.97% | 13.39% | 12.39% | 11.60% | 10.60% | 10.82% | 10.51% | 10.00% | 9.09% | 8.38% | 7.70% | 7.09% | 7.05% | 7.05% | 7.11% |