Academy Sports and Outdoors, Inc.
$2.96B- Market cap
- $2.80B
- Debt
- +$483.79M
- Cash
- −$330.32M
Capital structure 85% equity / 15% debt · EV / Revenue 0.49x · EV / EBITDA 4.57x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ASO stock price at discount vs WBD $45.22 current versus $537.57 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at WBD's multiple
Implied fair value · at ASO's multiple
Snapshot Sep 8, 2026, 3:01 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ASO FY 2026 (ended Jan 31, 2026) · WBD FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 85% equity / 15% debt · EV / Revenue 0.49x · EV / EBITDA 4.57x
Capital structure 68% equity / 32% debt · EV / Revenue 2.65x · EV / EBITDA 13.53x
WBD carries the larger enterprise value at $98.79B against $2.96B; ASO trades on the lower EV / Revenue multiple (0.49x vs 2.65x); ASO on the lower EV / EBITDA (4.57x vs 13.53x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Academy Sports and Outdoors, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Warner Bros. Discovery, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.22x
0.91x
Net debt / EBITDA
Leverage against operating earnings
0.24x
3.85x
Cash and equivalents
Liquid reserves on the balance sheet
$330.32M
$4.57B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$483.79M
$32.71B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.