Academy Sports & Outdoors, Inc.(ASO)Stock Analysis
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Rank #1,232 of 2,879 stocksTOP 50%
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ASO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Academy Sports & Outdoors, Inc. (ASO), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores ASO at 54.2/100 on a 32-signal composite quality model, placing it at rank #1,232 of 2,879 stocks — the top half of the AI-ranked universe. ASO scores in the top quartile across revenue scale (80.0). Areas of concern include earnings quality (20.8) and revenue growth (34.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2027), Academy Sports & Outdoors, Inc. reports quarterly revenue of $1.4B, net income of $52.7M, an operating margin of 5.2%. Top institutional holders of ASO by reported 13-F value include FMR, BlackRock,, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. ASO trades on the Nasdaq exchange and files with the SEC under CIK 1817358. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ASO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Academy Sports & Outdoors, Inc. directly from SEC EDGAR. Academy Sports & Outdoors, Inc.'s 13F Pro composite quality score has ranged between 8 and 75 since 2021, currently 54.2 — a declining long-term trajectory across 55 quarterly and live scoring snapshots.
Revenue
Q1 2027
$1.4B
Net Income
Q1 2027
$52.7M
Free Cash Flow
Q1 2027
$121.7M
Operating Margin
Q1 2027
5.2%
D/E Ratio
Q1 2027
0.23
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+2.0% YoYNet Income
-10.0% YoYOperating Income
-4.9% YoYEPS (Diluted)
-3.3% YoYTotal Assets
+7.7% YoYTotal Debt
-0.4% YoYOp. Cash Flow
-17.7% YoY| Metric | FY 2026 | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $6.05B +2.0% | $5.93B -7.2% | $6.40B -5.6% | $6.77B +19.1% | $5.69B +17.8% | $4.83B |
| Net Income | $376.8M -10.0% | $418.4M -33.4% | $628.0M -6.5% | $671.4M +117.4% | $308.8M +157.2% | $120.0M |
| Operating Income | $512.2M -4.9% | $538.6M -36.4% | $846.5M -6.8% | $907.9M +116.0% | $420.4M +134.3% | $179.4M |
| EPS (Diluted) | $5.54 -3.3% | $5.73 -23.5% | $7.49 +5.2% | $7.12 +87.9% | $3.79 +136.9% | $1.60 |
| Total Assets | $5.28B +7.7% | $4.90B +6.6% | $4.60B +0.2% | $4.58B +4.6% | $4.38B +1.2% | $4.33B |
| Total Debt | $483.8M -0.4% | $485.7M -17.3% | $587.5M -14.4% | $686.6M -12.6% | $785.5M -46.3% | $1.46B |
| Operating Cash Flow | $434.8M -17.7% | $528.1M -4.3% | $552.0M -18.0% | $673.3M -33.4% | $1.01B +283.7% | $263.7M |
AI Insight: ASO Financial Trends
Academy Sports stabilized margins and deleveraged debt despite lumpy profitability; spring weakness persists in Q2 2026.
• Operating margin held 5.2% in Q2 2026, consistent with recent quarters (Q1 2026: 9.9%, Q4 2025: 7.2%), showing floor support.
• Total debt declined $4M from Q3 2025 to Q2 2026 ($485M to $483M) while equity grew $46M, reducing net leverage.
• Operating cash flow remained elevated at $161M in Q2 2026, above most prior quarters, indicating underlying cash generation.
⚠ Q2 profitability collapsed: net income fell 60% Q2 2025 ($46M) to Q2 2026 ($53M remains weak). Spring seasonality a persistent drag.
⚠ Revenue volatility persists: Q2 2026 ($1,442M) down 6% vs. Q1 2026 ($1,718M). Seasonal sensitivity or demand softness unclear.
AI Insight: ASO Ratio Trends
Academy Sports faces persistent H2 weakness; operating margins halved in Q2 2026 vs. Q1, with ROE collapsing to single digits.
• Strong odd-quarter pattern: Q1 and Q3 deliver 9–11% operating margins and 24–26% ROIC; Q2 and Q4 plunge to 5–7% margins and 11–15% ROIC.
• Q2 2026 mirrors Q2 2025 weakness (5.1% vs. 5.2% OpMargin, 9.5% vs. 9.9% ROE), suggesting structural seasonal headwind.
• Leverage stable; D/E drifted from 0.25 to 0.22–0.23, improving slightly despite earnings volatility.
⚠ Q2 2026 NPM at 3.6% — lowest since Q2 2025 (3.4%). Profitability severely compressed in spring/early summer quarters.
⚠ TTM ROIC 19.9% masks quarterly swings: latest Q2 ROIC only 11.5%, well below the 20%+ threshold hit in odd quarters.
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Top Institutional Holders of ASO
FMR LLC
$563.5M9,982,315 shBlackRock, Inc.
$555.8M9,845,256 shDIMENSIONAL FUND ADVISORS LP
$227.4M4,029,262 shVANGUARD PORTFOLIO MANAGEMENT LLC
$216.4M3,832,602 shVANGUARD CAPITAL MANAGEMENT LLC
$168.9M2,992,912 shSTATE STREET CORP
$150.8M2,664,266 shAMERICAN CENTURY COMPANIES INC
$135.4M2,399,131 shGEODE CAPITAL MANAGEMENT, LLC
$118.3M2,094,839 shWESTWOOD HOLDINGS GROUP INC
$90.5M1,602,998 shKING LUTHER CAPITAL MANAGEMENT CORP
$87.6M1,552,297 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $563.5M | 9,982,315 |
| BlackRock, Inc. | $555.8M | 9,845,256 |
| DIMENSIONAL FUND ADVISORS LP | $227.4M | 4,029,262 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $216.4M | 3,832,602 |
| VANGUARD CAPITAL MANAGEMENT LLC | $168.9M | 2,992,912 |
| STATE STREET CORP | $150.8M | 2,664,266 |
| AMERICAN CENTURY COMPANIES INC | $135.4M | 2,399,131 |
| GEODE CAPITAL MANAGEMENT, LLC | $118.3M | 2,094,839 |
| WESTWOOD HOLDINGS GROUP INC | $90.5M | 1,602,998 |
| KING LUTHER CAPITAL MANAGEMENT CORP | $87.6M | 1,552,297 |
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Popular Research
Is ASO a good stock to buy?
13F Pro's AI-powered analysis of Academy Sports & Outdoors, Inc. (ASO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ASO are available on the ASO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ASO?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ASO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Academy Sports & Outdoors, Inc.'s investment landscape.