AMERICAN EAGLE OUTFITTERS INC AEO
American Eagle Outfitters, Inc. (the "Company," "AEO," "we," "us," and "our") is a leading global specialty retailer with a portfolio of beloved apparel brands. We operate and license nearly 1,500 retail stores worldwide and are online at www.ae.com and www.aerie.com in the U.S. and internationally.
Rooted in optimism, inclusivity, and authenticity, AEO's brands empower every customer to celebrate their unique personal style. We offer casual, comfortable, timeless outfitting and high-quality products that are made to last under the American Eagle ("AE") brand, and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands. We sell directly to consumers through our retail channels, which includes online, stores, and concession-based shops-within-shops. We operate stores in the U.S., Canada, and Mexico. We also have license agreements with third parties to operate American Eagle and Aerie stores and online marketplace businesses throughout Asia (including India), Europe, Latin America, and the Middle East.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.55B | $5.33B | $5.26B | $4.99B | $5.01B | $3.76B | $4.31B | $4.04B | $3.80B | $3.61B |
| Cost of revenue | $3.52B | $3.24B | $3.24B | $3.24B | $3.02B | $2.61B | $2.79B | $2.55B | $2.43B | $2.24B |
| Gross profit | $2.03B | $2.09B | $2.02B | $1.75B | $1.99B | $1.15B | $1.52B | $1.49B | $1.37B | $1.37B |
| SG&A | $1.49B | $1.43B | $1.43B | $1.27B | $1.22B | $977.3M | $1.03B | $980.6M | $879.7M | $857.6M |
| Operating income | $226.2M | $427.3M | $222.7M | $247.0M | $591.1M | -$271.3M | $233.3M | $337.1M | $302.8M | $331.5M |
| Pre-tax income | $249.4M | $439.8M | $238.9M | $178.5M | $558.9M | -$292.3M | $245.3M | $345.1M | $287.2M | $335.3M |
| Income tax | $63.9M | $112.9M | $69.8M | $53.4M | $139.3M | $83.0M | $54.0M | $83.2M | $83.0M | $122.8M |
| Net income | $186.0M | $327.0M | $169.0M | $124.0M | $420.0M | -$209.3M | $191.3M | $261.9M | $204.2M | $212.4M |
| EPS, basic | 1.12 | 1.71 | 0.87 | 0.69 | 2.50 | -1.26 | 1.13 | 1.48 | 1.15 | 1.17 |
| EPS, diluted | 1.09 | 1.68 | 0.86 | 0.64 | 2.03 | -1.26 | 1.12 | 1.47 | 1.13 | 1.16 |
| Shares, diluted (wtd. avg.) | 176.1M | 196.4M | 196.9M | 205.2M | 206.5M | 166.5M | 170.9M | 178.0M | 180.2M | 183.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $238.9M | $309.0M | $354.1M | $170.2M | $434.8M | $850.5M | $361.9M | $333.3M | $413.6M | $378.6M |
| Short-term investments | — | $50.0M | $100.0M | — | — | — | $55.0M | $92.1M | $0 | $0 |
| Receivables | $258.6M | $262.4M | $247.9M | $242.4M | $286.7M | $146.1M | $119.1M | $93.5M | $78.3M | $86.6M |
| Inventory | $702.0M | $636.7M | $640.7M | $585.1M | $553.5M | $405.4M | $446.3M | $424.4M | $398.2M | $358.4M |
| Total current assets | $1.31B | $1.35B | $1.43B | $1.10B | $1.40B | $1.52B | $1.05B | $1.05B | $968.5M | $901.2M |
| Property, plant and equipment | $785.6M | $751.3M | $713.3M | $781.5M | $728.3M | $623.8M | $735.1M | $742.1M | $724.2M | $707.8M |
| Goodwill | $225.3M | $225.1M | $225.3M | $264.9M | $271.4M | $13.3M | $13.2M | $14.9M | $15.1M | $14.9M |
| Other intangibles | $37.5M | $42.4M | $46.1M | $94.5M | $102.7M | $57.1M | $39.8M | $43.3M | $46.7M | $49.4M |
| Total assets | $4.01B | $3.83B | $3.56B | $3.42B | $3.79B | $3.43B | $3.33B | $1.90B | $1.82B | $1.78B |
| Accounts payable | $251.8M | $280.7M | $268.3M | $234.3M | $231.8M | $255.9M | $285.7M | $240.7M | $236.7M | $246.2M |
| Total current liabilities | $867.6M | $882.7M | $891.2M | $768.9M | $842.9M | $858.5M | $751.8M | $542.6M | $485.2M | $493.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $341.0M | $325.3M | — | — | — | — |
| Retained earnings | $2.55B | $2.46B | $2.21B | $2.14B | $2.20B | $1.87B | $2.11B | $2.05B | $1.88B | $1.78B |
| Total equity | $1.69B | $1.76B | $1.74B | $1.60B | $1.42B | $1.09B | $1.25B | $1.29B | $1.25B | $1.20B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $456.2M | $476.8M | $580.7M | $406.3M | $303.7M | $202.5M | $415.4M | $456.6M | $394.4M | $365.6M |
| Depreciation and amortisation | $222.2M | $220.5M | $235.2M | $212.5M | $171.2M | $165.6M | $181.4M | $170.5M | $169.5M | $158.2M |
| Stock-based compensation | $39.4M | $39.6M | $51.1M | $39.0M | $38.2M | $32.8M | $23.0M | $27.5M | $16.9M | $29.1M |
| Capital expenditure | $260.8M | $222.5M | $174.4M | $260.4M | $233.8M | $128.0M | $210.4M | $189.0M | $169.5M | $161.5M |
| Investing cash flow | -$202.7M | -$217.5M | -$287.4M | -$261.4M | -$594.6M | -$73.9M | -$174.9M | -$282.8M | -$172.2M | -$163.0M |
| Financing cash flow | -$326.9M | -$301.9M | -$109.5M | -$407.9M | -$125.2M | $359.9M | -$211.2M | -$252.5M | -$188.8M | -$85.1M |
| Dividends paid | $85.3M | $96.5M | $83.8M | $64.8M | $113.9M | $22.9M | $92.8M | $97.1M | $88.5M | $90.7M |
| Buybacks | $56.9M | $190.9M | $10.7M | $9.8M | — | $20.0M | $112.4M | $144.4M | $87.7M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-227158.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.61B | $3.80B | $4.04B | $4.31B | $3.76B | $5.01B | $4.99B | $5.26B | $5.33B | $5.55B |
| Gross profit | $1.37B | $1.37B | $1.49B | $1.52B | $1.15B | $1.99B | $1.75B | $2.02B | $2.09B | $2.03B |
| Net income | $212.4M | $204.2M | $261.9M | $191.3M | -$209.3M | $420.0M | $124.0M | $169.0M | $327.0M | $186.0M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 5651
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| TJX | TJX COMPANIES INC /DE/ | $159.56B | 29.8x | 7.1% |
| ROST | ROSS STORES, INC. | $73.25B | 34.7x | 7.7% |
| GAP | GAP INC | $7.84B | 10.5x | 1.9% |
| URBN | URBAN OUTFITTERS INC | $7.41B | 17.1x | 11.1% |
| ANF | ABERCROMBIE & FITCH CO /DE/ | $6.61B | 14.9x | 6.4% |
| BKE | BUCKLE INC | $2.40B | 11.2x | 6.6% |
| LE | LANDS' END, INC. | $282.7M | 53.2x | -2.0% |
| DXLG | DESTINATION XL GROUP, INC. | $27.1M | — | -6.9% |