Amer Sports
AS NYSE· Apparel, Accessories & Luxury Goods
Last close · Oct 27, 2026
$28.19
KIRA · Stoqly’s AI analyst, in plain words
- Amer Sports had $6.6B of revenue in fiscal 2025, up 26.7% on the year before.
- Its operating margin was 10.7%, up 1.6 pts: of every 100 in sales, about 11 is left after running the business.
- Amer Sports made $427M of net profit in fiscal 2025.
- Free cash flow was $513M in fiscal 2025, 7.8% of revenue.
- Amer Sports returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 12.2%.
- Amer Sports owes $283M more than it holds in cash, about 0.3 years of operating profit.
Market cap
$15.9B
P/E
—
Revenue
$6.6B
Net income
$427M
Free cash flow
$513M
Operating margin
10.7%
Amer Sports in 30 seconds · fiscal 2025
Are sales growing?
+26.7%
Yes. Sales grew 26.7% last year.
Does it make a profit?
6.5%
A little. It keeps 6.5% of every sale as profit.
Does profit turn into cash?
7.8%
Partly. 7.8% of sales ends up as free cash.
Is debt under control?
0.3x
Yes. It could repay its debt with 0.3 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
What Amer Sports does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Feb 26, 2026
- Legal name
- Amer Sports, Inc.
- CIK
- 0001988894
Amer Sports · AS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.1B | $3.6B | $4.4B | $5.2B | $6.6B |
| Revenue growth | — | 16.5% | 23.2% | 17.8% | 26.7% |
| Gross margin | 49.1% | 50.0% | 52.5% | 55.4% | 57.6% |
| Operating margin | 6.1% | 1.4% | 6.9% | 9.1% | 10.7% |
| Net income | −$126M | −$253M | −$209M | $72.6M | $427M |
| Net margin | −4.1% | −7.1% | −4.7% | 1.4% | 6.5% |
| Diluted EPS | −$0.33 | −$0.66 | −$0.54 | $0.14 | $0.76 |
| Cash | |||||
| Cash from operations | $268M | −$91.7M | $199M | $425M | $730M |
| Capital expenditure | $60.7M | $77.7M | $124M | $229M | $217M |
| Free cash flow | $207M | −$169M | $75.4M | $196M | $513M |
| FCF margin | 6.8% | −4.7% | 1.7% | 3.8% | 7.8% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | — | 0.3% | 0.1% | 30.5% | 12.2% |
| Debt and strength | |||||
| Cash and short-term investments | $568M | $402M | $483M | $345M | $652M |
| Debt incl. finance leases | — | — | $6.6B | $927M | $935M |
| Shareholders' equity | $38.0M | −$73.9M | −$160M | $5.0B | $5.8B |
| Net debt / EBITDA | — | — | 11.7x | 0.8x | 0.3x |
| Current ratio | — | 1.7x | 1.5x | 1.5x | 1.5x |
| Interest coverage | 0.7x | 0.2x | 0.8x | 2.2x | 7.2x |
| Returns and quality | |||||
| Return on capital | — | — | — | 4.1% | 8.5% |
| Return on equity | — | — | — | 3.0% | 7.9% |
| Piotroski F-score | — | — | — | 8 | 7 |
| Altman Z'' | — | 0.4 | 0.4 | — | — |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$33.3M
5 insiders
Of sales under plans
0%
$0.0M
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.
Amer Sports · AS
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 |
|---|---|---|---|---|---|---|---|
| Amer Sports AS | $15.9B | 26.7% | 10.7% | 7.8% | 8.5% | — | 7 |
| Levi Strauss LEVI | $8.5B | 4.1% | 10.8% | 4.9% | 22.2% | 14.5x | 7 |
| Tapestry TPR | $23.4B | 14.2% | 23.9% | 22.6% | 77.9% | — | 7 |
| Ralph Lauren RL | $24.0B | 14.6% | 14.5% | 9.2% | 45.4% | 24.7x | 8 |
| Under Armour UAA | $2.0B | −3.8% | −3.3% | −3.3% | −6.0% | — | 3 |
KIRA
At $28.19 a share, the company is worth $15.9B.
Amer Sports grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001988894). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.