Academy Sports & Outdoors Debt-to-Equity Ratio Growth & History (ASO)
Academy Sports & Outdoors's debt-to-equity ratio was 0.87 for fiscal 2025.
View full Academy Sports & Outdoors company overviewAcademy Sports & Outdoors annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 0.87 | −0.02 | −2.24% |
| 2024 | 2025-02-01 | 0.89 | 0.02 | +2.70% |
| 2023 | 2024-02-03 | 0.87 | −0.22 | −20.09% |
| 2022 | 2023-01-28 | 1.09 | −0.17 | −13.74% |
| 2021 | 2022-01-29 | 1.26 | −0.55 | −30.54% |
| 2020 | 2021-01-30 | 1.81 | — | — |
Academy Sports & Outdoors quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-05-02 | 0.92 | −0.02 | −2.30% |
| Q4 2025 | 2026-01-31 | 0.87 | −0.02 | −2.24% |
| Q3 2025 | 2025-11-01 | 0.87 | −0.04 | −4.55% |
| Q2 2025 | 2025-08-02 | 0.89 | 0.02 | +2.25% |
| Q1 2025 | 2025-05-03 | 0.94 | 0.05 | +5.08% |
| Q4 2024 | 2025-02-01 | 0.89 | 0.02 | +2.70% |
| Q3 2024 | 2024-11-02 | 0.91 | −0.09 | −9.08% |
| Q2 2024 | 2024-08-03 | 0.87 | −0.15 | −14.32% |
| Q1 2024 | 2024-05-04 | 0.90 | −0.15 | −14.34% |
| Q4 2023 | 2024-02-03 | 0.87 | −0.22 | −20.09% |
| Q3 2023 | 2023-10-28 | 1.00 | −0.19 | −16.26% |
| Q2 2023 | 2023-07-29 | 1.01 | −0.21 | −16.92% |
| Q1 2023 | 2023-04-29 | 1.05 | −0.17 | −13.76% |
| Q4 2022 | 2023-01-28 | 1.09 | −0.17 | −13.74% |
| Q3 2022 | 2022-10-29 | 1.20 | −0.15 | −11.43% |
| Q2 2022 | 2022-07-30 | 1.22 | −0.08 | −6.10% |
| Q1 2022 | 2022-04-30 | 1.21 | −0.31 | −20.32% |
| Q4 2021 | 2022-01-29 | 1.26 | −0.55 | −30.54% |
| Q3 2021 | 2021-10-30 | 1.35 | −1.37 | −50.26% |
| Q2 2021 | 2021-07-31 | 1.30 | — | — |
| Q1 2021 | 2021-05-01 | 1.52 | — | — |
| Q4 2020 | 2021-01-30 | 1.81 | — | — |
| Q3 2020 | 2020-10-31 | 2.72 | — | — |
Academy Sports & Outdoors debt-to-equity ratio trends
Over the last five fiscal years, Academy Sports & Outdoors's debt-to-equity ratio decreased from 1.81 to 0.87, a change of −0.94. The latest reported quarter, Q1 2026, shows 0.92.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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