Dick's Sporting Goods (MEX:DKS) Altman Z2-Score: 3.17 (As of Jun. 25, 2026) — 30% Below Median


MEX:DKS Dick's Sporting Goods Inc MEX:DKS
96 GF Score
Price MXN3,450.27
GF Value MXN4,017.62
! 6 Warning Signs
View Full Analysis

What is Dick's Sporting Goods Altman Z2-Score?

Dick's Sporting Goods MEX:DKS 96 Altman Z2-Score is 3.17 as of Jun. 25, 2026, which is 30% below its 10-year median of 4.51. GuruFocus rates MEX:DKS with a GF Score™ of 96/100 and a GF Value™ of MXN4,017.62. The stock has 6 warning signs investors should review. Among 1,122 Retail - Cyclical companies, Dick's Sporting Goods ranks better than 52.32% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Dick's Sporting Goods has a Altman Z2-Score of 3.17, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Dick's Sporting Goods's Altman Z2-Score or its related term are showing as below:

MEX:DKS' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.43   Med: 4.51   Max: 5.08
Current: 3.15

During the past 13 years, Dick's Sporting Goods's highest Altman Z2-Score was 5.08. The lowest was 2.43. And the median was 4.51.


Dick's Sporting Goods  (MEX:DKS) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Dick's Sporting Goods Altman Z2-Score Related Terms


Dick's Sporting Goods Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Dick's Sporting Goods's Altman Z2-Score 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.

Dick's Sporting Goods Altman Z2-Score Chart

Dick's Sporting Goods Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 4.98 4.87 4.93 3.16

Dick's Sporting Goods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Altman Z2-Score 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 4.70 4.85 3.31 3.16 3.15

MEX:DKS vs ULTA, WSM, TSCO: Altman Z2-Score Comparison

For the Specialty Retail subindustry, Dick's Sporting Goods's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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.


Dick's Sporting Goods Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dick's Sporting Goods's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Dick's Sporting Goods's Altman Z2-Score falls into.


MEX:DKS
96GF Score
Dick's Sporting Goods Inc MEX:DKS
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dick's Sporting Goods Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Dick's Sporting Goods's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.1361+3.26*0.3945+6.72*0.0759+1.05*0.4583
=3.17

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Apr. 2026:
Total Assets was MXN312,364 Mil.
Total Current Assets was MXN127,350 Mil.
Total Current Liabilities was MXN84,851 Mil.
Retained Earnings was MXN123,243 Mil.
Pre-Tax Income was 7816.998 + 3123.36 + 1936.384 + 9583.011 = MXN22,460 Mil.
Interest Expense was -307.25 + -306.51 + -340.124 + -302.97 = MXN-1,257 Mil.
Total Liabilities was MXN214,199 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(127350.385 - 84851.317)/312363.631
=0.1361

X2=Retained Earnings/Total Assets
=123242.597/312363.631
=0.3945

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(22459.753 - -1256.854)/312363.631
=0.0759

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(98164.498 - 0)/214199.132
=0.4583

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Dick's Sporting Goods has a Altman Z2-Score of 3.17 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.17 mean?
Dick's Sporting Goods (MEX:DKS) has a Altman Z2-Score of 3.17 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Dick's Sporting Goods and its competitors. This is 30% below median its historical median of 4.51. Over the past decade, Dick's Sporting Goods' Altman Z2-Score has ranged from 2.43 to 5.08. According to the industry distribution chart, Dick's Sporting Goods ranks #535 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 47.7%.
Is Dick's Sporting Goods' Altman Z2-Score too high?
Dick's Sporting Goods' current Altman Z2-Score of 3.17 is 30% below median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 5.08. The Retail - Cyclical industry median Altman Z2-Score is 2.96. Dick's Sporting Goods' value of 3.17 is 7.3% above this industry median. Based on the distribution chart, Dick's Sporting Goods ranks #535 out of 1122 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Dick's Sporting Goods has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Dick's Sporting Goods' Altman Z2-Score compare to ULTA and WSM?
According to the Retail - Cyclical industry distribution chart, Dick's Sporting Goods ranks #535 out of 1122 companies for Altman Z2-Score. This puts Dick's Sporting Goods in the upper half of its industry. The industry median Altman Z2-Score is 2.96. Dick's Sporting Goods' value of 3.17 is 7.3% above this benchmark. Historically, Dick's Sporting Goods' own Altman Z2-Score has ranged from 2.43 to 5.08 over the past decade. While the company's 10-year median is 4.51 vs. the industry median of 2.96, Dick's Sporting Goods has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 2.96, based on 1,122 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dick's Sporting Goods's current Altman Z2-Score of 3.17 is 7.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Dick's Sporting Goods and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dick's Sporting Goods's current Altman Z2-Score is 3.17, which is 30% below median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dick's Sporting Goods stock overvalued right now?
Dick's Sporting Goods (MEX:DKS) has a current Altman Z2-Score of 3.17. The stock's GF Value™ is MXN4,017.62, compared to a current price of MXN3,450.27 — trading 14.1% below its estimated fair value. The current Altman Z2-Score is 3.17, which is 30% below median its 10-year median of 4.51 and 7.3% above the Retail - Cyclical industry median of 2.96. Dick's Sporting Goods' overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Dick's Sporting Goods (MEX:DKS), the current Altman Z2-Score is 3.17 as of Jun. 25, 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 Dick's Sporting Goods (MEX:DKS) Overvalued in 2026?

Based on GuruFocus' analysis, Dick's Sporting Goods stock appears to be undervalued. The current stock price of MXN3,450.27 is trading 14.1% below its estimated GF Value™ of MXN4,017.62.

Key valuation signals for MEX:DKS:

  • Altman Z2-Score: 3.17 (30% below median its 10-year median of 4.51)
  • GF Value™: MXN4,017.62 vs. price of MXN3,450.27 (14.1% below fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 7.3% above the Retail - Cyclical median (#535 of 1122)

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


Dick's Sporting Goods Business Description

Address 345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. The combined Dick's and Foot Locker has an annual sales base of more than $22 billion. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
96GF Score

Get the complete analysis for MEX:DKS

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,450.27
Price
MXN4,017.62
GF Value