Have you ever wondered about the financial powerhouse behind your favorite sporting goods store? Academy Sports + Outdoors is a significant player in the retail industry, and understanding its financial performance can be quite insightful. Let's break down how much Academy Sports makes in a year, step by step!
Step 1: Understanding the Basics – Revenue vs. Net Income
Before we dive into the numbers, let's clarify two key financial terms that are often used interchangeably but mean very different things: Revenue and Net Income.
Revenue (or Sales): Think of this as the total money a company brings in from selling its products and services. It's the top line figure on a financial statement. For Academy Sports, this would be all the money they collect from selling everything from athletic apparel and footwear to camping gear and fishing rods.
Net Income (or Profit): This is the actual profit a company makes after all expenses, taxes, and other deductions have been subtracted from the revenue. It's the bottom line, indicating how much money is left for shareholders or to reinvest in the business.
So, when we talk about "how much Academy Sports makes a year," we're generally interested in their revenue for the overall scale of their operations, and their net income to understand their profitability.
 |
| How Much Does Academy Sports Make A Year |
Step 2: Unveiling Academy Sports' Annual Revenue
Academy Sports + Outdoors (ASO) generates billions of dollars in revenue annually. Their revenue figures fluctuate based on various market conditions, consumer spending, and their strategic initiatives.
Fiscal Year 2025 (Trailing Twelve Months - TTM)
As of the latest reports for the trailing twelve months ending in May 2025, Academy Sports + Outdoors had a revenue of approximately $5.92 billion.
For the fiscal year ending February 1, 2025, their annual revenue was $5.93 billion.
Fiscal Year 2024 (Ending February 3, 2024)
Academy Sports + Outdoors reported annual revenue of approximately $6.16 billion for the fiscal year ending February 3, 2024.
Fiscal Year 2023 (Ending January 28, 2023)
In the fiscal year ending January 28, 2023, Academy Sports + Outdoors generated revenues of approximately $6.40 billion.
Historical Revenue Trend
Here's a snapshot of their recent annual revenue trend, providing context to their current performance:
Fiscal Year End | Revenue (in Billions USD) | Change (%) |
Feb 1, 2025 | $5.93 | -3.67% |
Feb 3, 2024 | $6.16 | -3.69% Tip: Read at your natural pace. |
Jan 28, 2023 | $6.40 | -5.58% |
Jan 29, 2022 | $6.77 | 19.05% |
Jan 30, 2021 | $5.69 | 17.79% |
Feb 1, 2020 | $4.83 | 0.96% |
As you can see, after significant growth in fiscal years 2021 and 2022, the company has seen some modest declines in revenue in recent years. This could be attributed to various factors, including a softening in consumer demand compared to the pandemic-boosted years, or increased competition.
Step 3: Delving into Academy Sports' Net Income (Profitability)
While revenue tells us about the scale of operations, net income reveals how efficient and profitable the company truly is.
Fiscal Year 2025 (Ending February 1, 2025)
For the fiscal year ending February 1, 2025, Academy Sports + Outdoors reported a net income of approximately $418.45 million.
Fiscal Year 2024 (Ending February 3, 2024)
Academy Sports + Outdoors' net income for the fiscal year ending February 3, 2024, was approximately $519.2 million.
Fiscal Year 2023 (Ending January 28, 2023)
In the fiscal year ending January 28, 2023, the company's net income was approximately $628 million.
Historical Net Income Trend
Let's look at their net income over the past few years:
QuickTip: Highlight useful points as you read.
Fiscal Year End | Net Income (in Millions USD) | Change (%) | |
Feb 1, 2025 | $418.45 | -19.40% | |
Feb 3, 2024 | $519.2 | -17.33% | |
Jan 28, 2023 | $628 | -6.46% | |
Jan 29, 2022 | $671.38 | 117.44% | |
Jan 30, 2021 | $308.76
| 157.21% |
Similar to revenue, net income also saw substantial growth in fiscal years 2021 and 2022, followed by a decline in the subsequent years. This indicates a potential tightening of margins or increased operational costs.
Step 4: Factors Influencing Academy Sports' Earnings
Several factors can significantly impact Academy Sports + Outdoors' annual earnings. Understanding these can provide a clearer picture of their financial health.
4.1. Consumer Spending Habits ️
Discretionary Spending: As a retailer of sporting goods and outdoor equipment, Academy Sports is heavily reliant on discretionary consumer spending. When the economy is strong and people have more disposable income, they're more likely to invest in hobbies, sports, and outdoor activities.
Economic Downturns: Conversely, during economic slowdowns or recessions, consumers tend to cut back on non-essential purchases, which can directly affect Academy Sports' sales.
QuickTip: Treat each section as a mini-guide.
4.2. Inventory Management
Efficient Stocking: The ability to manage inventory effectively is crucial. Overstocking can lead to higher carrying costs and markdowns, while understocking can result in lost sales.
Supply Chain Efficiency: Disruptions in the global supply chain can impact product availability and costs, thereby affecting profitability.
4.3. Competitive Landscape
Rival Retailers: Academy Sports operates in a competitive market with other large sporting goods retailers like Dick's Sporting Goods, as well as general merchandise retailers like Walmart and Target, and online giants like Amazon.
Niche Markets: Specialty stores catering to specific sports or outdoor activities also pose a challenge.
4.4. E-commerce and Omnichannel Strategy
Online Sales Growth: The increasing shift to online shopping means that a robust e-commerce platform is vital for continued revenue generation. Academy Sports has been investing in its omnichannel capabilities.
Curbside Pickup & In-Store Services: Offering convenient options like buy online, pick up in-store (BOPIS) and services like equipment assembly can enhance customer experience and drive sales.
4.5. New Store Openings and Expansion ️
Footprint Expansion: The company's strategy includes opening new stores to expand its geographical reach. For instance, in fiscal year 2024, they opened 16 new stores. They plan to open 20-25 new stores in fiscal year 2025. This expansion can contribute to overall revenue growth, though it also incurs significant capital expenditures.
Step 5: Analyzing Profit Margins and Financial Health
Beyond the raw numbers, it's important to consider profitability metrics like gross margin and net profit margin, and the overall financial health of the company.
Gross Margin
For fiscal year 2025 (ending February 1, 2025), Academy Sports' gross margin was approximately 33.9%.
This represents the percentage of revenue left after deducting the cost of goods sold. A healthy gross margin indicates good pricing strategies and efficient cost management.
Net Profit Margin
For fiscal year 2025 (ending February 1, 2025), Academy Sports' net profit margin was approximately 7.05%.
This shows the percentage of revenue that translates into actual profit. It's a key indicator of overall profitability.
Debt and Liquidity
Debt-to-Equity Ratio: As of the latest available information, Academy Sports and Outdoors has a debt-to-equity ratio of approximately 24.9%, which is generally considered satisfactory.
Cash and Equivalents: The company maintains a strong liquidity position, with sufficient cash and available credit facilities to manage its operations and invest in growth.
Conclusion: A Multi-Billion Dollar Enterprise
In summary, Academy Sports + Outdoors is a multi-billion dollar enterprise, consistently generating significant revenue and net income. While recent years have seen some moderation in their growth compared to the exceptional performance during the peak of pandemic-driven demand, the company remains a strong player in the sporting goods retail sector. Their continued investment in new stores and omnichannel capabilities suggests a strategic focus on long-term growth.
Understanding these financial metrics provides valuable insights into the operational scale and profitability of a large retailer like Academy Sports + Outdoors.
Frequently Asked Questions (FAQs) ❓
How to calculate a company's annual revenue?
To calculate a company's annual revenue, you sum up all the money generated from sales of goods and services over a 12-month fiscal period. This information is typically found on the company's income statement in their annual financial reports (like the 10-K filing).
Reminder: Revisit older posts — they stay useful.
How to find Academy Sports' latest financial reports?
You can find Academy Sports + Outdoors' latest financial reports, including their annual 10-K filings and quarterly 10-Q reports, on their official Investor Relations website or through financial news platforms and SEC filing databases.
How to understand the difference between revenue and profit?
Revenue is the total money earned from sales before any deductions, while profit (net income) is the money left after all expenses, taxes, and costs of doing business are subtracted from the revenue.
How to interpret a company's net profit margin?
A company's net profit margin indicates how much profit is generated for every dollar of revenue. A higher net profit margin generally suggests more efficient management and cost control.
How to assess a retail company's financial health?
Assessing a retail company's financial health involves looking at key metrics like revenue growth, net income, gross profit margin, debt-to-equity ratio, cash flow from operations, and inventory turnover.
How to identify factors impacting sporting goods sales?
Factors impacting sporting goods sales include general economic conditions (disposable income), consumer trends (e.g., interest in outdoor activities, fitness), seasonal demand, and competitive pricing.
How to evaluate Academy Sports' growth strategy?
Academy Sports' growth strategy involves expanding its store footprint, enhancing its e-commerce platform and omnichannel capabilities, and optimizing its product assortment to meet evolving consumer demands.
How to compare Academy Sports to its competitors?
You can compare Academy Sports to competitors by analyzing their respective revenue, net income, profit margins, market share, store count, and e-commerce presence. Key competitors include Dick's Sporting Goods, Hibbett Sports, and Sportsman's Warehouse.
How to understand a company's fiscal year?
A company's fiscal year is any 12-month period that it uses for financial reporting. It doesn't always align with the calendar year (January to December). Academy Sports + Outdoors typically ends its fiscal year in late January or early February.
How to track stock performance based on earnings?
Stock performance often reacts to earnings reports. Positive earnings surprises (beating analyst expectations) can lead to stock price increases, while negative surprises can lead to decreases. Investors also look at guidance for future earnings.
 |
