AS - Amer Sports, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$51.67
DETAILS
HIGH:
$62.00
LOW:
$45.00
MEDIAN:
$50.50
CONSENSUS:
$51.67
UPSIDE:
66.41%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 1,632.6 | 1,945.5 | 2,101.1 | 1,756.3 | 1,236.3 | 1,472.5 | 1,635.5 | 1,353.8 | 1,001.4 | 1,192.5 | 1,315 | 1,153.1 | 856.8 | 1,050.3 | 1,198.7 | 847.4 |
| Cost of Revenue | 561 | 780.1 | 889 | 758.1 | 513.4 | 621.4 | 718 | 606.5 | 442.5 | 544.4 | 631.8 | 564.9 | 400.2 | 495.4 | 596.7 | 415.2 |
| Gross Profit | 1,071.6 | 1,165.4 | 1,212.1 | 998.2 | 722.9 | 851.1 | 917.5 | 747.3 | 558.9 | 648.1 | 683.3 | 588.2 | 456.6 | 554.9 | 602 | 432.2 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 901.8 | 852.1 | 988.3 | 776.6 | 697.8 | 641.9 | 732.3 | 586.5 | 567.8 | 543.8 | 633.5 | 488.1 | 445.3 | 422.4 | 468.6 | 364.1 |
| Other Expenses | 0 | 0 | 0 | 5.7 | (18.6) | (5) | (8.4) | (15.9) | (0.4) | (4.7) | (10.2) | (4.6) | 3.8 | 2.1 | 191.5 | (2.2) |
| Operating Expenses | 901.8 | 852.1 | 988.3 | 782.3 | 679.2 | 636.9 | 723.9 | 570.6 | 567.4 | 539.1 | 623.3 | 483.5 | 449.1 | 424.5 | 660.1 | 361.9 |
| Operating Income | ||||||||||||||||
| Operating Income | 169.8 | 313.3 | 223.8 | 215.9 | 43.7 | 214.2 | 193.6 | 176.7 | (8.5) | 109 | 59.9 | 104.7 | 7.5 | 130.4 | (58.1) | 70.3 |
| Interest Expense | 20 | 24.9 | 20.1 | 25.6 | 30 | 22 | 64.1 | 48.9 | 47.7 | 68.3 | 105.1 | 109.4 | 101.1 | 86.1 | 69.3 | 55 |
| Interest Income | 5.4 | 2.7 | 2 | 1.5 | 1.4 | 1.5 | 2.5 | 1.1 | 2.5 | 2.7 | (2.1) | 1.4 | 1.8 | 1.3 | 1.2 | 0.6 |
| Profitability | ||||||||||||||||
| EBITDA | 282.3 | 368.1 | 333.8 | 342.1 | 133.2 | 256.2 | 188.1 | 244.2 | 51.7 | 145.9 | 120.8 | 160.2 | 61.7 | 181.2 | (1.1) | 117.9 |
| EBIT | 169.8 | 265.5 | 227.5 | 223.3 | 51.8 | 214.4 | 110.8 | 173 | (11.1) | 83.4 | 58.4 | 106.1 | 9.3 | 129.2 | (50.4) | 70.3 |
| Income Before Tax | 160.8 | 240.6 | 207.4 | 197.7 | 21.8 | 197.6 | 70.9 | 128.9 | (53.7) | 15.1 | (55.1) | (3.3) | (91.8) | 45.6 | (124.9) | 15.3 |
| Income Tax Expense | 43 | 70.5 | 73.9 | 51.3 | (0.6) | 59.5 | 53.8 | 72.7 | (51.9) | 8.2 | 39.8 | 32.6 | 5.2 | 26.6 | 23.4 | 17 |
| Net Income | 107.2 | 164.6 | 131.5 | 143.1 | 18.2 | 134.6 | 15.4 | 55.8 | (3.7) | 5.1 | (93) | (37.7) | (96.9) | 19 | (148.3) | (2.3) |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 0.18 | 0.29 | 0.24 | 0.26 | 0.03 | 0.24 | 0.03 | 0.11 | -0.01 | 0.01 | -0.18 | -0.07 | -0.20 | 0.04 | -0.30 | -0.00 |
| EPS (Diluted) | 0.18 | 0.29 | 0.23 | 0.25 | 0.03 | 0.24 | 0.03 | 0.11 | -0.01 | 0.01 | -0.18 | -0.07 | -0.20 | 0.04 | -0.30 | -0.00 |
| Shares Outstanding | 582.6 | 564.9 | 556.8 | 556.2 | 555.4 | 557.6 | 519.0 | 507.3 | 505.2 | 463.4 | 489.5 | 489.5 | 489.5 | 489.5 | 489.5 | 489.5 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 720.4 | 683.7 | 652.3 | 353.3 | 303.4 | 422.1 | 345.4 | 312 | 255.9 | 337.3 | 483.4 | 284.2 | 278.5 | (402) | 402 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 804 | 0 |
| Net Receivables | 656.5 | 723.9 | 952.3 | 1,084.6 | 478 | 561.4 | 746.7 | 897.8 | 695.8 | 731.8 | 717.1 | 676.9 | 430.3 | 0 | 757.9 |
| Inventory | 1,896.7 | 1,687.9 | 1,622.1 | 1,710.4 | 1,597 | 1,267.2 | 1,223.3 | 1,338.5 | 1,241 | 1,100.6 | 1,099.6 | 1,197.5 | 1,219.2 | 0 | 912.5 |
| Other Current Assets | 199.6 | 222.8 | 22.3 | 23 | 198.2 | 193.7 | 43.7 | 0 | 0 | 0 | 12.4 | 0 | 6 | 0 | 23.5 |
| Total Current Assets | 3,473.2 | 3,318.3 | 3,304 | 3,171.3 | 2,576.6 | 2,444.4 | 2,399.3 | 2,548.3 | 2,192.7 | 2,169.7 | 2,351.7 | 2,360.1 | 2,140.4 | 402 | 2,172.7 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 1,581.2 | 1,481.1 | 1,461.2 | 1,307.9 | 1,215.5 | 1,126.6 | 1,073.8 | 1,012.5 | 883.9 | 799 | 759.1 | 651 | 579.6 | 0 | 545.6 |
| Goodwill | 2,260.7 | 2,296.1 | 2,338.3 | 2,315.1 | 2,284.6 | 2,161.9 | 2,127.7 | 2,280.2 | 2,246.3 | 2,253.7 | 2,270 | 2,237.5 | 2,256.1 | 0 | 2,242.4 |
| Intangible Assets | 2,725.7 | 2,735.8 | 2,782 | 2,753.5 | 2,781.4 | 2,638.4 | 2,590.1 | 2,748.9 | 2,700.5 | 2,713.1 | 2,748.7 | 2,710.7 | 2,751.5 | 0 | 2,756 |
| Long-Term Investments | 84.6 | 75.3 | 68.7 | 67.2 | 60.6 | 16.9 | 16.8 | 9 | 9 | 9.1 | 9.2 | 8.8 | 8.6 | 0 | 8.9 |
| Other Non-Current Assets | 23 | 23.6 | 26.1 | 15.1 | 15.9 | 57.5 | 61 | 59.8 | 56.7 | 69.6 | 73.4 | 69.3 | 67.2 | (402) | 60.8 |
| Total Non-Current Assets | 6,754 | 6,692.3 | 6,760.4 | 6,540.2 | 6,442.3 | 6,083 | 5,937 | 6,280.1 | 6,052 | 6,004.8 | 6,022.1 | 5,786.9 | 5,773.8 | (402) | 5,722.4 |
| Total Assets | 10,227.2 | 10,010.6 | 10,064.4 | 9,711.5 | 9,018.9 | 8,527.4 | 8,336.3 | 8,828.4 | 8,244.7 | 8,174.5 | 8,373.8 | 8,147 | 7,914.2 | 0 | 7,895.1 |
| Current Liabilities | |||||||||||||||
| Account Payables | 750.7 | 672.6 | 769.8 | 564.5 | 529.2 | 457 | 549 | 482.3 | 454.3 | 387.4 | 426.5 | 389.4 | 434.2 | 0 | 435.6 |
| Short-Term Debt | 326.5 | 144.9 | 142.8 | 353.4 | 277.1 | 137.4 | 136.5 | 286.1 | 31.6 | 6.2 | 381 | 381.9 | 268 | 0 | 208.3 |
| Deferred Revenue | 80.1 | 107.9 | 99.3 | 0 | 0 | 0 | 0 | 81.4 | 0 | 62.5 | 50.7 | 0 | 0 | 0 | 45.9 |
| Other Current Liabilities | 573.2 | 333.7 | 299.7 | 1,019.9 | 664.3 | 689.3 | 667.3 | 120.3 | 583.2 | 75.5 | 115 | 29.6 | 29.6 | 0 | 96.1 |
| Total Current Liabilities | 1,974.1 | 1,994 | 2,209.2 | 2,098.5 | 1,612 | 1,468.7 | 1,554.4 | 1,571.4 | 1,170.8 | 1,106.2 | 1,573.9 | 1,435 | 1,211.2 | 0 | 1,279.4 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 0 | 0 | 792.3 | 791.9 | 791.5 | 791.2 | 790.8 | 1,984.7 | 2,013.9 | 2,021 | 5,940.4 | 5,797.7 | 5,945.2 | 0 | 5,831.2 |
| Deferred Tax Liabilities | 520.6 | 503.7 | 519.5 | 518.8 | 512.9 | 497.1 | 487.4 | 668.5 | 660.2 | 664.8 | 675 | 648.8 | 655.1 | 0 | 655.3 |
| Other Non-Current Liabilities | 69.4 | 66.2 | 61.6 | 60.6 | 62.3 | 55.5 | 56.3 | 83.7 | 56.3 | 76.7 | 90.9 | 71.7 | 70 | 73.9 | 70.1 |
| Total Non-Current Liabilities | 1,365.1 | 1,261 | 2,034.3 | 1,946.2 | 1,883.1 | 1,827.9 | 1,773.5 | 3,144.7 | 3,060.2 | 3,042.5 | 6,956.7 | 6,703.2 | 6,817 | 73.9 | 6,689.6 |
| Total Liabilities | 3,339.2 | 3,255 | 4,243.5 | 4,044.7 | 3,495.1 | 3,296.6 | 3,327.9 | 4,716.1 | 4,231 | 4,148.7 | 8,530.6 | 8,138.2 | 8,028.2 | 73.9 | 7,969 |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 19.5 | 19.4 | 18.6 | 18.5 | 18.5 | 18.5 | 18.4 | 16.9 | 16.9 | 16.9 | 642.2 | 642.2 | 642.2 | 0 | 642.2 |
| Retained Earnings | (70.7) | (135.8) | (213.6) | (339) | (464.2) | (780.3) | (984.9) | (797.7) | (941.3) | (1,052.4) | (1,057.5) | (811) | (830.4) | 0 | (848.9) |
| Accumulated Other Comprehensive Income | 2,797.8 | 2,768.4 | 2,745.8 | 2,747.3 | 2,736.9 | 2,780.1 | 2,776.7 | 2,749.8 | 2,797.6 | 2,922.7 | 255.1 | 172.3 | 70.7 | (73.9) | 132.8 |
| Total Stockholders' Equity | 6,866.1 | 6,744.2 | 5,802 | 5,646.7 | 5,507 | 5,218.2 | 4,999.3 | 4,104.8 | 4,006.6 | 4,020.6 | (160.2) | 3.5 | (117.5) | (73.9) | (73.9) |
| Total Liabilities & Equity | 10,227.2 | 10,010.6 | 10,064.4 | 9,711.5 | 9,018.9 | 8,527.4 | 8,336.3 | 8,828.4 | 8,244.7 | 8,174.5 | 8,373.8 | 8,147 | 7,914.2 | (73.9) | 7,895.1 |
| Debt Metrics | |||||||||||||||
| Total Debt | 1,101.6 | 1,001 | 1,753.1 | 1,867.9 | 1,718.9 | 1,534.3 | 1,483.2 | 2,787.4 | 2,477 | 2,400.9 | 6,661.2 | 6,439 | 6,426.9 | 0 | 6,236 |
| Net Debt | 381.2 | 317.3 | 1,100.8 | 1,514.6 | 1,415.5 | 1,112.2 | 1,137.8 | 2,475.4 | 2,221.1 | 2,063.6 | 6,177.8 | 6,154.8 | 6,148.4 | 402 | 5,834 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Net Income | 107.2 | 164.6 | 131.5 | 143.1 | 18.2 | 134.6 | 17.1 | 56.2 | (3.7) | 5.1 | (93) | (37.7) | (96.9) | 19 | (148.3) | (1.7) |
| Depreciation & Amortization | 112.5 | 102.6 | 106.3 | 118.8 | 81.4 | 77.7 | 77.3 | 71.2 | 62.8 | 62.5 | 62.4 | 54 | 52.4 | 52 | 46.6 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 2.8 | 6.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (59.5) | (169.6) | 344.2 | (256.8) | (132.4) | (65.8) | 220.7 | (188.6) | (39.4) | 23.2 | 255.2 | (183.8) | (84) | (79.1) | (95.1) | 0 |
| Other Non-Cash Items | 6.8 | 73.9 | 42.8 | (7.6) | (24) | 17.2 | 35.1 | (67) | (69.4) | 25.7 | 80.5 | 128.3 | 4.3 | 65.4 | 284.8 | 1.7 |
| Operating Cash Flow | 167 | 171.5 | 624.8 | (2.5) | (56.8) | 163.7 | 406.8 | (48.9) | (49.7) | 116.5 | 305.1 | (39.2) | (124.2) | 57.3 | 88 | 0 |
| Investing Activities | ||||||||||||||||
| Capital Expenditure | (63.4) | (77.6) | (76.7) | (57.1) | (49.1) | (42.6) | (92.7) | (65.4) | (46) | (62.8) | (50.1) | (34.5) | (30.1) | (24.4) | (35.9) | 0 |
| Acquisitions | (5.5) | 0 | (4.8) | (40.6) | 0 | 0 | 0 | 0 | 15.5 | 0 | (3.4) | (2) | 2.4 | 0 | 0.2 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | (15.1) | (5.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (93.4) | (89.3) | (94.8) | (108.1) | (66) | (69.2) | (89.4) | (64.5) | (47.1) | (67.3) | (59.1) | (39.4) | (28.5) | (27.8) | (36.2) | 0 |
| Financing Activities | ||||||||||||||||
| Net Debt Issuance | (929.7) | (886.1) | (206.9) | 207.5 | 2.9 | (25.5) | (1,312.5) | 152.5 | 19.5 | (1,640.6) | (75.9) | 120 | 123 | (63) | 17.8 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 878.7 | (1.6) | (42.6) | (59.4) | (23.4) | (12.8) | 14.2 | (1) | (0.4) | (59.1) | 13.5 | (27.3) | (31.5) | (23.8) | 15.5 | 0 |
| Financing Cash Flow | (40.7) | (47.3) | (237.7) | 152 | (10.3) | (27.4) | (251.7) | 151.5 | 19.1 | (184.9) | (62.4) | 92.7 | 91.5 | (86.8) | 33.3 | 0 |
| Cash Position | ||||||||||||||||
| Net Change in Cash | 36.7 | 31.4 | 299 | 49.9 | (118.7) | 76.7 | 33.4 | 56.1 | (81.4) | (146.1) | 199.2 | 284.2 | (69.8) | (53.7) | 402 | 0 |
| Cash at Beginning | 683.7 | 652.3 | 353.3 | 303.4 | 422.1 | 345.4 | 312 | 255.9 | 337.3 | 483.4 | 284.2 | 0 | 348.3 | 402 | 0 | 0 |
| Cash at End | 720.4 | 683.7 | 652.3 | 353.3 | 303.4 | 422.1 | 345.4 | 312 | 255.9 | 337.3 | 483.4 | 284.2 | 278.5 | 348.3 | 402 | 0 |
| Free Cash Flow | 103.6 | 93.9 | 548.1 | (59.6) | (105.9) | 121.1 | 314.1 | (114.3) | (95.7) | 53.7 | 255 | (73.7) | (154.3) | 32.9 | 52.1 | 0 |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 1,632.6 | 1,945.5 | 2,101.1 | 1,756.3 | 1,236.3 | 1,472.5 | 1,635.5 | 1,353.8 | 1,001.4 | 1,192.5 | 1,315 | 1,153.1 | 856.8 | 1,050.3 | 1,198.7 | 847.4 |
| Gross Profit | 1,071.6 | 1,165.4 | 1,212.1 | 998.2 | 722.9 | 851.1 | 917.5 | 747.3 | 558.9 | 648.1 | 683.3 | 588.2 | 456.6 | 554.9 | 602 | 432.2 |
| Operating Income | 169.8 | 313.3 | 223.8 | 215.9 | 43.7 | 214.2 | 193.6 | 176.7 | (8.5) | 109 | 59.9 | 104.7 | 7.5 | 130.4 | (58.1) | 70.3 |
| Net Income | 107.2 | 164.6 | 131.5 | 143.1 | 18.2 | 134.6 | 15.4 | 55.8 | (3.7) | 5.1 | (93) | (37.7) | (96.9) | 19 | (148.3) | (2.3) |
| EPS (Diluted) | 0.18 | 0.29 | 0.23 | 0.25 | 0.03 | 0.24 | 0.03 | 0.11 | -0.01 | 0.01 | -0.18 | -0.07 | -0.20 | 0.04 | -0.30 | -0.00 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 720.4 | 683.7 | 652.3 | 353.3 | 303.4 | 422.1 | 345.4 | 312 | 255.9 | 337.3 | 483.4 | 284.2 | 278.5 | (402) | 402 | |
| Total Assets | 10,227.2 | 10,010.6 | 10,064.4 | 9,711.5 | 9,018.9 | 8,527.4 | 8,336.3 | 8,828.4 | 8,244.7 | 8,174.5 | 8,373.8 | 8,147 | 7,914.2 | 0 | 7,895.1 | |
| Total Debt | 1,101.6 | 1,001 | 1,753.1 | 1,867.9 | 1,718.9 | 1,534.3 | 1,483.2 | 2,787.4 | 2,477 | 2,400.9 | 6,661.2 | 6,439 | 6,426.9 | 0 | 6,236 | |
| Stockholders' Equity | 6,866.1 | 6,744.2 | 5,802 | 5,646.7 | 5,507 | 5,218.2 | 4,999.3 | 4,104.8 | 4,006.6 | 4,020.6 | (160.2) | 3.5 | (117.5) | (73.9) | (73.9) | |
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 167 | 171.5 | 624.8 | (2.5) | (56.8) | 163.7 | 406.8 | (48.9) | (49.7) | 116.5 | 305.1 | (39.2) | (124.2) | 57.3 | 88 | 0 |
| Capital Expenditure | (63.4) | (77.6) | (76.7) | (57.1) | (49.1) | (42.6) | (92.7) | (65.4) | (46) | (62.8) | (50.1) | (34.5) | (30.1) | (24.4) | (35.9) | 0 |
| Free Cash Flow | 103.6 | 93.9 | 548.1 | (59.6) | (105.9) | 121.1 | 314.1 | (114.3) | (95.7) | 53.7 | 255 | (73.7) | (154.3) | 32.9 | 52.1 | 0 |