Amer Sports, Inc. logo

Amer Sports, Inc.

AS

NYSEConsumer CyclicalLeisure

Previous close

$32.63

+$0.10 · +0.31%

Aug 21, 4:00 PM ET

AS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

76

Undervalued

Momentum

41

Neutral

Sentiment

67

Bullish

Risk resilience

55

Elevated Risk

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Company profile

Company website

Amer Sports, Inc. is a global enterprise dedicated to the creation, production, promotion, and sale of athletic equipment, clothing, footwear, and related accessories. The company's extensive reach covers Europe, the Middle East, Africa, the Americas, China, and the wider Asia Pacific region. Its operations are structured into three main divisions. The Technical Apparel segment focuses on high-performance outdoor wear, shoes, and accessories, primarily under the Arc'teryx and Peak Performance brands. The Outdoor Performance segment supplies a variety of outdoor apparel, footwear, accessories, and winter sports gear from labels such as Salomon, Atomic, Armada, and ENVE. Finally, the Ball & Racquet Sports segment delivers sports equipment, activewear, and accessories, featuring prominent brands like Wilson, DeMarini, Louisville Slugger, EvoShield, and ATEC. Beyond these brand-specific offerings, Amer Sports' product range includes specialized items like climbing gear, hiking and running shoes, skiing and snowboarding equipment, functional athletic apparel, and lifestyle footwear. They also provide sporting goods for popular activities such as tennis, baseball, American football, basketball, golf, and many other professional and recreational sports. The company's products are distributed through a diverse network that encompasses its own retail stores, major sporting goods retailers, specialty shops, independently operated partner stores, and various distributors. Furthermore, sales are conducted online via their proprietary e-commerce platforms, as well as through retailer-owned and third-party e-commerce sites. Established in 1950 and headquartered in Helsinki, Finland, the company was previously known as Amer Sports Management Holding (Cayman) Limited, officially changing its name to Amer Sports, Inc. in August 2023.

Industry
Leisure
Sector
Consumer Cyclical
Headquarters
FI
CEO
Jie Zheng
Listed since
Feb 1, 2024
Employees
15,400

Market position

Day range

Current $32.63

52-week range

Current $32.63

Open
$32.79
Previous close
$32.53
Volume
6.18M
1.36× average
Average volume
4.55M
Average daily volume
Market cap
18.87B USD
Beta
2.05
Market reference 1
50-day average
$34.8156
-6.28% below average
200-day average
$35.535
-8.18% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
21.85B USD
P/E (TTM)
33.64×
P/B (TTM)
2.77×
P/S (TTM)
2.54×
EV / EBITDA
19.75×
Earnings yield
2.06%
Free cash flow yield
2.43%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
59.81%
Operating margin
12.41%
Net margin
7.35%
Return on equity
7.37%
Return on assets
4.25%
Return on invested capital
5.88%

Financial health

Debt / equity
0.16×
Current ratio
1.5×
Altman Z-score
4.57
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends64%38%12%-14%Gross margin, FY2021: 49.10%Gross margin, FY2022: 50.01%Gross margin, FY2023: 52.45%Gross margin, FY2024: 55.40%Gross margin, FY2025: 57.63%Operating margin, FY2021: 6.09%Operating margin, FY2022: 1.42%Operating margin, FY2023: 6.87%Operating margin, FY2024: 9.08%Operating margin, FY2025: 10.35%Net margin, FY2021: -4.12%Net margin, FY2022: -7.08%Net margin, FY2023: -4.74%Net margin, FY2024: 1.40%Net margin, FY2025: 6.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.10%. Gross margin FY2022 50.01%. Gross margin FY2023 52.45%. Gross margin FY2024 55.40%. Gross margin FY2025 57.63%. Operating margin FY2021 6.09%. Operating margin FY2022 1.42%. Operating margin FY2023 6.87%. Operating margin FY2024 9.08%. Operating margin FY2025 10.35%. Net margin FY2021 -4.12%. Net margin FY2022 -7.08%. Net margin FY2023 -4.74%. Net margin FY2024 1.40%. Net margin FY2025 6.51%.

Income trends

Revenue

6.57B USD+26.68%

Operating income

679.7M USD+44.37%

Net income

427.4M USD+488.71%
Income trends across reported periods7.25B USD4.52B USD1.79B USD−934.59M USDRevenue, FY2021: 3.07B USDRevenue, FY2022: 3.57B USDRevenue, FY2023: 4.4B USDRevenue, FY2024: 5.18B USDRevenue, FY2025: 6.57B USDOperating income, FY2021: 186.9M USDOperating income, FY2022: 50.6M USDOperating income, FY2023: 302.5M USDOperating income, FY2024: 470.8M USDOperating income, FY2025: 679.7M USDNet income, FY2021: −126.3M USDNet income, FY2022: −252.7M USDNet income, FY2023: −208.6M USDNet income, FY2024: 72.6M USDNet income, FY2025: 427.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.07B USD. Revenue FY2022 3.57B USD. Revenue FY2023 4.4B USD. Revenue FY2024 5.18B USD. Revenue FY2025 6.57B USD. Operating income FY2021 186.9M USD. Operating income FY2022 50.6M USD. Operating income FY2023 302.5M USD. Operating income FY2024 470.8M USD. Operating income FY2025 679.7M USD. Net income FY2021 −126.3M USD. Net income FY2022 −252.7M USD. Net income FY2023 −208.6M USD. Net income FY2024 72.6M USD. Net income FY2025 427.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.57B USD5.18B USD4.4B USD3.57B USD3.07B USD
Cost of goods sold2.78B USD2.31B USD2.09B USD1.79B USD1.56B USD
Gross profit3.78B USD2.87B USD2.31B USD1.79B USD1.51B USD
Selling, general, and administrative3.1B USD2.43B USD2.01B USD1.55B USD1.33B USD
Operating expenses3.1B USD2.4B USD2.01B USD1.74B USD1.32B USD
Interest income6.4M USD8.8M USD2.4M USD3.1M USD1.6M USD
Interest expense97.7M USD230.8M USD401.7M USD248.9M USD278.6M USD
Depreciation and amortization384.2M USD273.8M USD220.9M USD197M USD206.1M USD
Operating income679.7M USD470.8M USD302.5M USD50.6M USD186.9M USD
Net income427.4M USD72.6M USD−208.6M USD−252.7M USD−126.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+75.31%
11 comparable reports
Latest EPS result
0.22
Estimate 0.11 · Beat by 108.33%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.420.290.150.02Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.17, estimate 0.17, surprise +0.06%, Beat. Q2 2025, reported May 20, 2025: actual 0.27, estimate 0.154, surprise +74.98%, Beat. Q3 2025, reported Aug 19, 2025: actual 0.06, estimate 0.025, surprise +143.21%, Beat. Q4 2025, reported Nov 18, 2025: actual 0.33, estimate 0.252, surprise +31.00%, Beat. Q1 2026, reported Feb 24, 2026: actual 0.31, estimate 0.279, surprise +10.99%, Beat. Q2 2026, reported May 19, 2026: actual 0.38, estimate 0.306, surprise +24.10%, Beat. Q3 2026, reported Aug 18, 2026: actual 0.22, estimate 0.106, surprise +108.33%, Beat. Q4 2026, reported Nov 17, 2026: actual —, estimate 0.33, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.19B1.82B1.46B1.09BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 1.64B USD, estimate 1.6B USD, surprise +2.47%, Beat. Q2 2025, reported May 20, 2025: actual 1.47B USD, estimate 1.39B USD, surprise +6.14%, Beat. Q3 2025, reported Aug 19, 2025: actual 1.24B USD, estimate 1.18B USD, surprise +5.05%, Beat. Q4 2025, reported Nov 18, 2025: actual 1.76B USD, estimate 1.72B USD, surprise +2.13%, Beat. Q1 2026, reported Feb 24, 2026: actual 2.1B USD, estimate 1.99B USD, surprise +5.34%, Beat. Q2 2026, reported May 19, 2026: actual 1.95B USD, estimate 1.84B USD, surprise +5.94%, Beat. Q3 2026, reported Aug 18, 2026: actual 1.63B USD, estimate 1.54B USD, surprise +5.95%, Beat. Q4 2026, reported Nov 17, 2026: actual —, estimate 2.1B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$51.67

58.35% upside
Past 12 months12-month forecast

Price history unavailable

High $62.00Average $51.67Low $45.00

Rating distribution

15 ratings
Strong buy00%
Buy1387%
Hold213%
Sell00%
Strong sell00%

AS peers

ETFs holding AS

Funds reporting this stock among their holdings, ordered by reported position size.

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