The Tip Desk

Academy Sports & Outdoors, Inc.

Company Stats

Market Cap
$3.0B
as of Sep 30, 2026
Enterprise Value
$3.1B
Shares Outstanding
61.6M
Free Float
95.6%

Income Statement

Revenue
$6.1B
Operating Income
$512.2M
Net Income
$376.8M
EBITDA
$635.0M
Revenue Growth, 3Y
-1.8%
FCF Margin, 3Y Avg
4.8%
FCF Margin, Worst Year
3.7%

Cash Flow

Free Cash Flow
$222.1M
FCF Yield
7.5%
Owner FCF Yield
6.8%

Balance Sheet

Cash & Equivalents
$330.3M
Total Debt
$485.8M
Net Debt
$155.4M
Net Debt / EBITDA
0.24x
EV / EBITDA
4.91x
Net Debt / EBIT
0.30x

Returns & Capital

Dividends Paid
$34.7M
Dividend Yield
1.2%
Dividend Payout, 3Y Avg
7.3%
Share Repurchases
$199.0M
Buyback Yield, 3Y Avg
8.6%
SBC, 3Y Avg
$24.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$6.1B$222.1M3.7%
FY2025$5.9B$328.5M5.5%
FY2024$6.2B$328.0M5.3%
FY2023$6.4B$443.7M6.9%
FY2022$6.8B$597.5M8.8%

Annual filing data through FY ended January 31, 2026; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage