Abercrombie & Fitch
ANF NYSE· Apparel Retail
Last close · Oct 26, 2026
$164.73
KIRA · Stoqly’s AI analyst, in plain words
- Abercrombie & Fitch had $5.3B of revenue in fiscal 2025, up 6.4% on the year before. Over five years, revenue changed +11.0% a year on average.
- Its operating margin was 13.3%, down 1.7 pts: of every 100 in sales, about 13 is left after running the business.
- Abercrombie & Fitch made $507M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 77.4% a year.
- Free cash flow was $378M in fiscal 2025, 7.2% of revenue.
- Abercrombie & Fitch returned $451M to shareholders in fiscal 2025, 119% of free cash flow. The diluted share count fell 8.5%.
- Abercrombie & Fitch has $785M more cash than debt.
Market cap
$7.3B
P/E
14.2x
Revenue
$5.3B
Net income
$507M
Free cash flow
$378M
Operating margin
13.3%
Abercrombie & Fitch in 30 seconds · fiscal 2025
Are sales growing?
+6.4%
Yes. Sales grew 6.4% last year.
Does it make a profit?
9.6%
A little. It keeps 9.6% of every sale as profit.
Does profit turn into cash?
7.2%
Partly. 7.2% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
14.2x
One share costs 14.2 times its yearly profit per share. Typical for its sector: 17.9x.
What Abercrombie & Fitch does
Abercrombie & Fitch sells clothing, personal care products such as fragrance, and accessories for men, women and kids. It has two brand families: Abercrombie, which includes Abercrombie & Fitch, abercrombie kids and Your Personal Best, and Hollister, which includes Hollister and Gilly Hicks. It sells mainly through its own stores and websites and apps, and can ship to customers in more than 105 countries. The company reports three regional segments: the Americas; Europe, the Middle East and Africa; and Asia-Pacific. Most Abercrombie brand sales are made online, while most Hollister sales happen in stores. It also earns money through franchise partners who run stores in places such as the Middle East, Central America, South America and Asia, through wholesale partners, and by licensing its brands for products such as eyewear and fragrance.
Biggest risks, in its own words
- Failing to keep customers engaged, keep up with fashion trends and manage inventory to match demand.
- Competing in a crowded and fast-changing clothing business.
- Tariffs on goods made in, or materials sourced from, the countries it buys from.
- Its reliance on outside vendors to make and deliver its goods, and on its distribution centers.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 26, 2026
- Legal name
- Abercrombie & Fitch Co.
- CIK
- 0001018840
Abercrombie & Fitch · ANF
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.7B | $3.7B | $4.3B | $4.9B | $5.3B |
| Revenue growth | 18.8% | −0.4% | 15.8% | 15.6% | 6.4% |
| Gross margin | 62.3% | 56.9% | 62.9% | — | — |
| Operating margin | 9.2% | 2.5% | 11.3% | 15.0% | 13.3% |
| Net income | $263M | $2.8M | $328M | $566M | $507M |
| Net margin | 7.1% | 0.1% | 7.7% | 11.4% | 9.6% |
| Diluted EPS | $4.20 | $0.05 | $6.22 | $10.69 | $10.46 |
| Cash | |||||
| Cash from operations | $278M | −$2.3M | $653M | $710M | $619M |
| Capital expenditure | $97.0M | $165M | $158M | $183M | $241M |
| Free cash flow | $181M | −$167M | $496M | $527M | $378M |
| FCF margin | 4.9% | −4.5% | 11.6% | 10.7% | 7.2% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $377M | $126M | $0.0M | $230M | $451M |
| Share count change | 0.1% | −16.5% | 0.8% | 0.5% | −8.5% |
| Debt and strength | |||||
| Cash and short-term investments | $823M | $518M | $901M | $889M | $785M |
| Debt incl. finance leases | $304M | $297M | $222M | $0.0M | $0.0M |
| Shareholders' equity | $826M | $695M | $1.0B | $1.3B | $1.4B |
| Net debt / EBITDA | −1.1x | −1.0x | −1.1x | −1.0x | −0.9x |
| Current ratio | 1.5x | 1.4x | 1.6x | 1.5x | 1.5x |
| Interest coverage | 9.0x | 3.1x | 16.0x | 77.8x | — |
| Returns and quality | |||||
| Return on capital | — | 11.5% | 78.3% | 132.7% | 91.0% |
| Return on equity | 29.8% | 0.4% | 37.9% | 47.8% | 37.0% |
| Piotroski F-score | 7 | 3 | 8 | 6 | 5 |
| Altman Z'' | 5.0 | 4.2 | 5.8 | 6.5 | 6.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$50.3M
5 insiders
Of sales under plans
87%
$44.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Abercrombie & Fitch · ANF
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Abercrombie & Fitch ANF | $7.3B | 6.4% | 13.3% | 7.2% | 91.0% | 14.2x | 5 |
| American Eagle Outfitters AEO | $3.2B | 4.1% | 4.1% | 3.5% | 11.5% | 9.6x | 4 |
| Urban Outfitters URBN | $7.9B | 11.1% | 9.8% | 5.1% | 23.7% | 14.1x | 8 |
| Victoria's Secret VSXY | $8.0B | 5.2% | 4.1% | 4.8% | 17.7% | 21.1x | 6 |
| Burlington Stores BURL | $15.4B | 8.8% | — | 1.5% | 28.1% | 21.7x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $164.73 a share, the company is worth $7.3B: 14.2 times its earnings of the last four quarters.
Abercrombie & Fitch grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 2 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001018840). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.