Academy Sports Outdoors Inc (ASO) — Tangible Net Worth Ratio

Latest as of January 2026: 73.3%

Academy Sports Outdoors Inc (ASO) has a Tangible Net Worth Ratio of 73.3% as of January 2026. This metric is calculated by deducting intangible assets ($579.77 Million) from net assets ($2.17 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Academy Sports Outdoors Inc (ASO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

73.3%
Tangible equity / total equity

Net Assets (Equity)

$2.17 Billion
USD

Intangible Assets

$579.77 Million
Goodwill, patents, brand value

Total Assets

$5.28 Billion
USD

Academy Sports Outdoors Inc Tangible Net Worth Ratio (2019–2026)

This chart shows how Academy Sports Outdoors Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2019 to 2026. As of January 2026, the ratio stands at 73.3%, reflecting net assets of $2.17 Billion with intangible assets of $579.77 Million USD. See ASO days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Academy Sports Outdoors Inc (2019–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Academy Sports Outdoors Inc from 2019 to 2026, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Academy Sports Outdoors Inc market cap and net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 73.3% $2.17 Billion $579.77 Million $5.28 Billion ▲ +2.2 pp
2025 71.1% $2.00 Billion $579.01 Million $4.90 Billion ▲ +0.7 pp
2024 70.4% $1.95 Billion $578.24 Million $4.68 Billion ▲ +5.9 pp
2023 64.5% $1.63 Billion $577.72 Million $4.60 Billion ▲ +3.9 pp
2022 60.7% $1.47 Billion $577.22 Million $4.58 Billion ▲ +12.5 pp
2021 48.1% $1.11 Billion $577.00 Million $4.38 Billion ▲ +6.5 pp
2020 41.6% $988.22 Million $577.00 Million $4.33 Billion ▲ +10.7 pp
2019 30.9% $857.04 Million $592.07 Million $3.24 Billion
pp = percentage points