American Eagle Outfitters (AEO) financial statements

Consumer Cyclical · Apparel Retail · Market cap $3.0B

American Eagle Outfitters reported revenue of $5.5B in fiscal 2026, up 4.9% a year over 9 years.

Net income was $192M and the operating margin 4.1%, against 9.2% in 2017.

Free cash flow was $195M, and the company returned $85M in dividends and $57M in net buybacks.

The diluted share count fell 4% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

02462017201820192020202120222023202420252026RevenueFree cash flow
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Income statement

Fiscal years, from American Eagle Outfitters's 10-K filings with the SEC.

Fiscal year2017201820192020202120222023202420252026
Revenue$3.6B$3.8B$4.0B$4.3B$3.8B$5.0B$5.0B$5.3B$5.3B$5.5B
Cost of revenue$2.2B$2.4B$2.5B$2.8B$2.6B$3.0B$3.2B$3.2B$3.2B$3.5B
Gross profit$1.4B$1.4B$1.5B$1.5B$1.1B$2.0B$1.7B$2.0B$2.1B$2.0B
Selling, general and admin$858M$880M$981M$1.0B$977M$1.2B$1.3B$1.4B$1.4B$1.5B
Operating income$331M$303M$337M$233M-$271M$591M$247M$223M$427M$226M
Pre-tax income$335M$287M$345M$245M-$292M$559M$178M$239M$440M$249M
Income tax$123M$83M$83M$54M-$83M$139M$53M$70M$113M$64M
Net income$212M$204M$262M$191M-$209M$420M$125M$170M$329M$192M
EPS (diluted)$1.16$1.13$1.47$1.12-$1.26$2.03$0.64$0.86$1.68$1.09
Diluted shares184M180M178M171M166M207M205M197M196M176M
Gross margin37.9%36.1%36.9%35.3%30.5%39.8%35.0%38.5%39.2%36.5%
Operating margin9.2%8.0%8.4%5.4%-7.2%11.8%5.0%4.2%8.0%4.1%
Net margin5.9%5.4%6.5%4.4%-5.6%8.4%2.5%3.2%6.2%3.5%

Balance sheet

Fiscal years, from American Eagle Outfitters's 10-K filings with the SEC.

Fiscal year2017201820192020202120222023202420252026
Cash and short-term investments$379M$414M$425M$417M$850M$435M$170M$454M$359M$239M
Receivables$87M$78M$93M$119M$146M$287M$242M$248M$262M$259M
Inventory$358M$398M$424M$446M$405M$553M$585M$641M$637M$702M
Total current assets$901M$969M$1.0B$1.0B$1.5B$1.4B$1.1B$1.4B$1.4B$1.3B
Property, plant and equipment$708M$724M$742M$735M$624M$728M$782M$713M$751M$786M
Goodwill$15M$15M$15M$13M$13M$271M$265M$225M$225M$225M
Total assets$1.8B$1.8B$1.9B$3.3B$3.4B$3.8B$3.4B$3.6B$3.8B$4.0B
Total current liabilities$494M$485M$543M$752M$858M$843M$769M$891M$883M$868M
Long-term debt————$325M$341M$9M——$0
Total liabilities$578M$570M$616M$2.1B$2.3B$2.4B$1.8B$1.8B$2.1B$2.3B
Shareholders' equity$1.2B$1.2B$1.3B$1.2B$1.1B$1.4B$1.6B$1.7B$1.8B$1.7B
Net debt-$379M-$414M-$333M-$362M-$525M-$94M-$161M-$354M-$309M-$239M

Cash flow

Fiscal years, from American Eagle Outfitters's 10-K filings with the SEC.

Fiscal year2017201820192020202120222023202420252026
Operating cash flow$366M$394M$457M$415M$202M$304M$406M$581M$477M$456M
Capital spending$161M$169M$189M$210M$128M$234M$260M$174M$223M$261M
Free cash flow$204M$225M$268M$205M$75M$70M$146M$406M$254M$195M
Stock-based compensation$29M$17M$28M$23M$33M$38M$39M$51M$40M$39M
Dividends paid$91M$89M$97M$93M$23M$114M$65M$84M$96M$85M
Share buybacks (net)—-$88M-$144M-$112M-$20M—-$10M-$11M-$191M-$57M
Net borrowing————$406M——$30M——
Free cash flow margin5.7%5.9%6.6%4.8%2.0%1.4%2.9%7.7%4.8%3.5%
Dividends per share$0.49$0.49$0.55$0.54$0.14$0.55$0.32$0.43$0.49$0.48
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Questions

What was American Eagle Outfitters's revenue in 2026?

$5.5B in fiscal 2026, from its 10-K filing.

How much free cash flow does American Eagle Outfitters generate?

$195M in fiscal 2026 (operating cash flow minus capital spending).

From American Eagle Outfitters's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.