Academy Sports and Outdoors, Inc. (ASO) is a publicly traded company in the Consumer Cyclical — Specialty Retail industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Academy Sports and Outdoors, Inc., through its various subsidiaries, operates as a significant retailer of sporting goods and outdoor recreational products throughout the United States. The company offers a vast and diverse inventory, encompassing everything from essential camping and marine equipment—like coolers, fishing rods, and bait—to specialized gear for hunting and shooting, including firearms, ammunition, archery supplies, and optics.
Is Academy Sports and Outdoors, Inc. stock overvalued or undervalued in 2026?
Academy Sports and Outdoors, Inc. (ASO) trades at 9.8× earnings (P/E), below the median of the 209 consumer cyclicals companies over $2bn in Kaplio's universe. At the decade median (8.2×) $49 (-16 %); at its sector median (17.9×) $107 (+83 %).
Kaplio overview: Academy Sports and Outdoors, Inc.
Market cap $4B · 52 weeks $42 – $62 (5 % below the high) · P/E 9.8× · 2027 expected P/E 8.7× · Dividend 1.0 % · 3 years rising · Next earnings December 8, 2026 · expected EPS $1.31 · Closing price, Oct 28 · accounts published Sep 9.
- Valuation: P/E 9.8× (fairly priced).
- Business: 5-year ROIC 14.1 % (solid).
- Balance sheet: Net debt/EBITDA 2.4× (solid).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (8.2×) $49 (-16 %); at its sector median (17.9×) $107 (+83 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer cyclicals: 7 of 8 pass
- Inventory turnover 2.6×, fails.
- 5y avg operating margin 11.0 %, passes.
- 5y avg ROIC 14.1 %, passes.
- Net debt / EBITDA 2.4×, passes.
- Current Ratio 1.74, passes.
- Altman Z-Score 2.9, passes.
- P/E read in reverse (cyclicals) 9.8×, passes.
- EV/Sales vs history 0.9×, passes.
Against its peers (reference peers) — Academy Sports and Outdoors, Inc.: P/E 9.8×; EV/EBITDA 7.4×; ROIC 10.4 %; $3.6B. DICK'S Sporting Goods, Inc. (P/E 15.2×; EV/EBITDA 10.4×; ROIC 7.2 %; $12.6B), YETI Holdings, Inc. (P/E 18.7×; EV/EBITDA 11.2×; ROIC 19.6 %; $3.1B), Bath & Body Works, Inc. (P/E 5.7×; EV/EBITDA 5.6×; ROIC 24.9 %; $4.3B).
Expensive or cheap against its last 6 years?
P/E at each close: today 9.8× · median 8.2× · minimum 4.2× · maximum 23.2× · cheap below 7.5× · expensive above 10.8×. It has been cheaper than today 74% of the time over its last 6 years.
Dividend
solid · Yield 1.0 % ($0.52 per share in 2025) · Years raising it 3 · Free cash flow coverage 9.3× · With $1,000 invested today you'd collect $10.10 a year ($0.84 a month).
Profitability
| Return on Equity | 18.38% |
| Return on Invested Capital | 10.40% |
| Return on Assets | 7.19% |
| Gross Margin | 35.78% |
| Operating Margin | 9.55% |
| Net Margin | 6.39% |
Financial Health
| Debt / Equity | 0.90 |
| Current Ratio | 1.74 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 2.89 |
Price Performance
| 1 month | +22.45% |
| 3 months | +23.58% |
| Year-to-date | +17.37% |
| 1 year | +20.07% |
| 3 years | +33.45% |
| 5 years | +37.07% |
Dividend History
Paid in the last 12 months: $0.5800 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-16 | $0.1500 |
| 2026-06-18 | $0.1500 |
| 2026-03-20 | $0.1500 |
| 2025-12-18 | $0.1300 |
| 2025-09-11 | $0.1300 |
| 2025-06-18 | $0.1300 |
| 2025-03-25 | $0.1300 |
| 2024-12-18 | $0.1100 |
| 2024-09-19 | $0.1100 |
| 2024-06-20 | $0.1100 |
Amounts adjusted for stock splits.
Related companies: DKS · YETI · AMZN · BABA · PDD · MELI · 0K0E.L · ORLY
Explore sector: Consumer Cyclical · Specialty Retail
More sections of ASO: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks