Dick'S Sporting Goods
DKS · NYSERetail-Miscellaneous Shopping Goods Stores · Fiscal year ends Jan 30
Dick'S Sporting Goods reported revenue of $17.2B in the fiscal year ended Jan 2026, up 28.1% from the year before. Operating income was $1.1B, an operating margin of 6.4%, and net income was $849M. Operating cash flow of $1.5B less capital expenditure of $1.1B left free cash flow of $400M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|
| Revenue | $12.3B | $12.4B | $13B | $13.4B | $17.2B |
| Cost of revenue | $7.6B | $8.1B | $8.5B | $8.6B | $11.5B |
| Gross profit | $4.7B | $4.3B | $4.5B | $4.8B | $5.7B |
| Selling, general & admin | $2.7B | $2.8B | $3.2B | $3.3B | $4.3B |
| Operating income | $2B | $1.5B | $1.3B | $1.5B | $1.1B |
| Interest expense | $58M | $95M | $58M | $53M | $64M |
| Pre-tax income | $2B | $1.4B | $1.3B | $1.5B | $1.1B |
| Income tax | $475M | $341M | $272M | $354M | $293M |
| Net income | $1.5B | $1B | $1B | $1.2B | $849M |
| Diluted EPS | 13.87 | 10.78 | 12.18 | 14.05 | 9.97 |
| Diluted shares | 110M | 99M | 86M | 83M | 85M |
Balance sheet
| Fiscal year | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $2.6B | $1.9B | $1.8B | $1.7B | $1.4B |
| Inventory | $2.3B | $2.8B | $2.8B | $3.3B | $4.9B |
| Current assets | $5.1B | $5B | $4.9B | $5.4B | $7.1B |
| Net PP&E | $1.3B | $1.3B | $1.6B | $2.1B | $3.5B |
| Goodwill | $246M | $246M | $246M | $246M | $864M |
| Total assets | $9B | $9B | $9.3B | $10.5B | $17.4B |
| Payables | $1.3B | $1.2B | $1.3B | $1.5B | $2B |
| Current liabilities | $2.7B | $2.6B | $2.8B | $3.1B | $4.6B |
| Shareholders' equity | $2.1B | $2.5B | $2.6B | $3.2B | $5.5B |
Cash flow
| Fiscal year | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $1.6B | $922M | $1.5B | $1.3B | $1.5B |
| Capital expenditure | $308M | $364M | $587M | $803M | $1.1B |
| Free cash flow | $1.3B | $558M | $940M | $509M | $400M |
| Depreciation & amortisation | $323M | $365M | $394M | $400M | $489M |
| Stock-based compensation | $53M | $51M | $57M | $71M | $124M |
| Acquisitions | – | – | $0 | $0 | −$257M |
| Share buybacks | $1.1B | $458M | $649M | $263M | $347M |
| Dividends paid | $603M | $163M | $351M | $362M | $414M |
| Dividend per share | 7.10 | 1.95 | 4.00 | 4.40 | 4.85 |
Key ratios
| Fiscal year | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 0.6% | 5.0% | 3.5% | 28.1% |
| Operating income growth (YoY) | – | −28.1% | −12.3% | 14.9% | −25.6% |
| EPS growth (YoY) | – | −22.3% | 13.0% | 15.4% | −29.0% |
| Gross margin | 38.3% | 34.6% | 34.9% | 35.9% | 32.9% |
| Operating margin | 16.5% | 11.8% | 9.9% | 11.0% | 6.4% |
| Net margin | 12.4% | 8.4% | 8.1% | 8.7% | 4.9% |
| Return on equityBlank when equity is negative | 72.3% | 41.3% | 40.0% | 36.4% | 15.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 32.1% | 23.0% | 19.6% | 20.0% | 8.6% |
| Free cash flow margin | 10.6% | 4.5% | 7.2% | 3.8% | 2.3% |
| Cash conversion (CFO ÷ net income) | 1.06x | 0.88x | 1.46x | 1.13x | 1.81x |
| Inventory days | 111 | 128 | 123 | 142 | 155 |
| Payable days | 62 | 54 | 56 | 63 | 63 |
| Interest cover | 35.2x | 15.4x | 22.1x | 27.8x | 17.1x |
| Current ratio | 1.88x | 1.88x | 1.78x | 1.76x | 1.53x |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.