ASO Historical PE Ratio Notes

— Academy Sports & Outdoors (ASO) is a leading U.S. sporting goods retailer, offering apparel, footwear, outdoor gear, and recreational products through over 250 stores across the South, Midwest, and Southeast, as well as through its e-commerce platform. The company caters to budget-conscious families, outdoor enthusiasts, and sports participants with a value-oriented merchandising strategy. As you interpret ASO’s historical price-to-earnings (PE) ratios, it’s important to recognize that its PE ratio is shaped by both retail sector trends and company-specific factors like sales growth, margins, and competitive positioning. ASO operates in a cyclical industry affected by consumer confidence, discretionary spending, weather, and macroeconomic conditions; these factors can drive earnings volatility, thereby impacting the PE ratio over time. Additionally, the stock market assesses ASO’s operational consistency, same-store sales performance, online growth, and inventory management when assigning its historical PE. Periods of elevated PE might reflect investor optimism about expansion plans or margin improvements, while lower PE ratios may indicate concerns about competitive threats, recession risks, or execution issues. Understanding ASO’s business model and retail environment will help you interpret historical PE ratio charts more insightfully.

On this page we presented the Academy Sports Historical PE Ratio information for Academy Sports' stock. The average ASO historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 7.8. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ASO historical PE based on this TTM earnings result method is 8.1.

Let's now compare this ASO historical PE result, against the recent PE: when this page was posted on 4/22/2026, the most recent closing price for ASO had been 58.24, and the most recent quarterly earnings result, annualized, was 7.88. Meanwhile, the most recent TTM earnings summed to 5.81. From these numbers, we calculate the recent ASO PE on 4/22/2026 based on annualized quarterly EPS was 7.4. Based on ASO's history, that recent PE is low relative to the historical average, with the recent PE 5.1% lower than the historical average PE across our data set for Academy Sports. Looking at the recent ASO PE on 4/22/2026 based on TTM EPS, we calculate the ratio at 10.0. Based on ASO's history, that recent PE is elevated relative to the historical average, with the recent PE 23.5% higher than the historical average PE across our Academy Sports data set with TTM EPS used in the calculation at each period.

Another interesting ASO historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ASO, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ASO, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.76, 1.14, 1.94, and 1.97. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 1.14 and 1.94 — which gives us the median of 1.54. Basically the way to think about this 1.54 number is this: for the trailing four earnings reports, 1.54 marks the "middle ground" number where ASO has reported a value higher than 1.54 half the time, and has reported a value lower than 1.54 half the time. Annualizing that median value then gets us to 6.16/share, which we use as the denominator in our next PE calculation. With 58.24 as the numerator (as of 4/22/2026), the calculation is then 58.24 / 6.16 = 9.5 as the ASO PE ratio as of 4/22/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ASO or any other given stock, valuation analysis for ASO can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Academy Sports PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ASO. Thanks for visiting, and the next time you need to research ASO Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.