Event-Driven Stocks

Academy Sports & Outdoors, Inc.

ASONasdaq

Consumer Discretionary · Retail-Miscellaneous Shopping Goods Stores · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs6 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY26FY25FY24FY23FY22FY21
Revenue$6.05B$5.93B$6.16B$6.40B$6.77B$5.69B
Operating income$512.2M$538.6M$677.9M$846.5M$907.9M$420.4M
Net income$376.8M$418.4M$519.2M$628.0M$671.4M$308.8M
Total assets$5.28B$4.90B$4.68B$4.60B$4.58B$4.38B
Total liabilities$3.11B$2.90B$2.72B$2.97B$3.12B$3.27B
Equity$2.17B$2.00B$1.95B$1.63B$1.47B$1.11B
EPS (diluted)$5.54$5.73$6.70$7.49$7.12$3.79
Shares out.64.4M67.0M74.4M77.0M87.1M91.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2026
Operating margin
8.5%
Net margin
6.2%
Return on equity
17.4%
Return on assets
7.1%
Return on capital (ROCE)
12.1%
Liabilities / assets
58.9%
Debt / equity
1.43×
Book value / share
$33.73
Revenue growth (YoY)
2.0%
Net income growth (YoY)
−10.0%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2026
Altman Z″ (distress)
3.72safe
Accruals / assets
1.1%clean
Beneish M-Score
-1.60elevated
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 warning6 good
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20266.7M5.3-12.5%
Apr 30, 20267.6M7.0+14.3%
Apr 15, 20266.7M4.4+4.1%
Mar 31, 20266.4M3.3+18.1%
Mar 13, 20265.4M3.9-10.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.