Valuation, from the filing
| Public float | $3.20B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-08-01 |
|---|---|---|
| Float per share | $49.70 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 8.5× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.5× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.5× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-08-01, not today, and each multiple below it uses the figures for the fiscal year ending 2026-01-31 — the year that filing covered.
Valuation over time
8.5× earnings today, against a median of 7.5× across 4 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-08-01 | $3.20B | 8.5× | |
| 2024-08-02 | $3.40B | 8.1× | |
| 2022-07-29 | $4.30B | 6.8× | |
| 2021-07-30 | $2.70B | 4.0× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Retail-Miscellaneous Shopping Goods Stores filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| FCF margin | 3.7% | 100th | |
| Net margin | 6.2% | 100th | |
| Operating margin | 8.5% | 100th | |
| Current ratio | 1.89x | 83th | |
| SBC / revenue | 0.3% | 25th | |
| Gross margin | 34.8% | 67th | |
| CapEx / revenue | 3.5% | 50th | |
| Revenue YoY growth | 2.0% | 50th |
Academy Sports & Outdoors, Inc. (ASO) reported revenue of $6.19B and net income of $395.85M for the fiscal year ended 2026-08-01. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Academy Sports & Outdoors, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Miscellaneous Shopping Goods Stores.
Income
| Metric | 2026-08-01 |
|---|---|
| Revenue | $6.19B |
| Cost of revenue | $3.98B |
| Gross profit | $2.22B |
| Operating income | $591.56M |
| Net income | $395.85M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $505.48M |
| Income tax expense | $109.63M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $1.62B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-08-01 |
|---|---|
| Cash & equivalents | $298.21M |
| Total assets | $5.51B |
| Current assets | $2.07B |
| Total liabilities | $3.33B |
| Current liabilities | $1.19B |
| Total equity incl. NCI | $2.18B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $1.66B |
| Accounts receivable | $22.96M |
| Goodwill | $861.92M |
| Long-term debt | $494.16M |
| Accounts payable | $751.56M |
Cash flow
| Metric | 2026-08-01 |
|---|---|
| Operating cash flow | $547.77M |
| Capital expenditures | $216.35M |
| Investing cash flow | -$175.60M |
| Financing cash flow | -$374.82M |
| Net change in cash | -$2.65M |
| Stock-based compensation | $26.45M |
| Common dividends paid | $36.25M |
| Common share repurchases | $280.45M |
| Depreciation & amortization | $122.90M |
Derived
| Metric | 2026-08-01 |
|---|---|
| Free cash flow | $331.42M |
| Gross margin | 35.8% |
| Operating margin | 9.6% |
| FCF margin | 5.4% |
| SBC / revenue | 0.4% |
| Current ratio | 1.74x |
| Revenue YoY growth | 3.7% |
| Net margin | 6.4% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 3.5% |
| Long-term debt / equity | 0.23x |
| Effective tax rate | 21.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ASO in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.