ASO (Academy Sports and Outdoors) EBIT: $528 Mil (TTM As of Apr. 2026)


ASO Academy Sports and Outdoors Inc ASO
80 GF Score
Price $48.43
GF Value $59.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Academy Sports and Outdoors EBIT?

Academy Sports and Outdoors ASO -5.43% 80 EBIT is $528 Mil as of Apr. 2026. GuruFocus rates ASO with a GF Score™ of 80/100 and a GF Value™ of $59.39 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Academy Sports and Outdoors's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was $78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was $528 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Academy Sports and Outdoors's annualized ROC % for the quarter that ended in Apr. 2026 was 5.45%. Academy Sports and Outdoors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 12.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 11.44%.


Academy Sports and Outdoors  (NAS:ASO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Academy Sports and Outdoors's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=298.62 * ( 1 - 23.5% )/( (4190.607 + 4187.588)/ 2 )
=228.4443/4189.0975
=5.45 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5277.036 - 756.109 - ( 330.32 - max(0, 1032.253 - 1954.245+330.32))
=4190.607

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5503.6 - 978.202 - ( 337.81 - max(0, 1256.196 - 2106.116+337.81))
=4187.588

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Academy Sports and Outdoors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=311.508/( ( (1818.349 + max(742.163, 0)) + (1892.878 + max(667.111, 0)) )/ 2 )
=311.508/( ( 2560.512 + 2559.989 )/ 2 )
=311.508/2560.2505
=12.17 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.755 + 1503.756 + 85.414) - (756.109 + 102.2 + 23.453)
=742.163

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.671 + 1654.429 + 96.206) - (978.202 + 92.377 + 30.616)
=667.111

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=528.074/4616.649
=11.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Academy Sports and Outdoors EBIT Related Terms


Academy Sports and Outdoors EBIT Historical Data

* Premium members only.

The historical data trend for Academy Sports and Outdoors's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Academy Sports and Outdoors EBIT Chart

Academy Sports and Outdoors Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBIT
Get a 7-Day Free Trial Premium Member Only 908.53 864.76 709.21 575.10 522.27

Academy Sports and Outdoors Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.07 173.86 103.01 173.33 77.88

ASO vs MNSO, RH, BBWI: EBIT Comparison

For the Specialty Retail subindustry, Academy Sports and Outdoors's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Academy Sports and Outdoors EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Academy Sports and Outdoors's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Academy Sports and Outdoors's EV-to-EBIT falls into.


ASO
80GF Score
Academy Sports and Outdoors Inc ASO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Academy Sports and Outdoors EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $528 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $528 Mil mean?
Academy Sports and Outdoors (ASO) has a EBIT of $528 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Academy Sports and Outdoors.
Is Academy Sports and Outdoors' EBIT too high?
Academy Sports and Outdoors' current EBIT is $528 Mil. Overall, Academy Sports and Outdoors has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Academy Sports and Outdoors' EBIT compare to MNSO and RH?
Academy Sports and Outdoors' EBIT of $528 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Academy Sports and Outdoors. Academy Sports and Outdoors's current EBIT is $528 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Academy Sports and Outdoors stock overvalued right now?
Based on GuruFocus' analysis, Academy Sports and Outdoors (ASO) is currently considered Modestly Undervalued. The stock's GF Value™ is $59.39, compared to a current price of $48.43 — trading 18.5% below its estimated fair value. The current EBIT is $528 Mil. Academy Sports and Outdoors' overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Academy Sports and Outdoors (ASO), the current EBIT is $528 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Academy Sports and Outdoors (ASO) Overvalued in 2026?

Based on GuruFocus' analysis, Academy Sports and Outdoors stock appears to be undervalued. The current stock price of $48.43 is trading 18.5% below its estimated GF Value™ of $59.39. GuruFocus considers Academy Sports and Outdoors to be Modestly Undervalued.

Key valuation signals for ASO:

  • EBIT: $528 Mil
  • GF Value™: $59.39 vs. price of $48.43 (18.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the ASO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Academy Sports and Outdoors Business Description

Other Exchanges A2SO34:Brazil
Address 1800 North Mason Road, Katy, TX, USA, 77449
Academy Sports and Outdoors Inc is engaged in the full-line sporting goods and outdoor recreation retailer in the United States. The company's product categories are outdoors, apparel, sports & recreation, and footwear.
80GF Score

Get the complete analysis for ASO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.43
Price
$59.39
GF Value