ANFNYSERetail-Family Clothing StoresFiscal year ends January 30
ABERCROMBIE & FITCH CO /DE/
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 4, 2026
$162.01+8.75 (+5.71%)
Close on Oct 19, 2026
- Market cap
- $7.14B
- P/E (TTM)
- 13.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
61.5%+1.0 pts over 5 years
Operating margin
13.3%+13.9 pts over 5 years
Net margin
9.6%+13.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.4% | +12.5% | +11.0% | +4.1% | |
| Gross profit | +2.0% | +15.4% | +11.4% | +4.1% | |
| Operating income | -5.6% | +96.1% | – | +25.4% | |
| Net income | -10.5% | +464.6% | – | +30.4% | |
| EPS, diluted | -2.2% | +493.6% | – | +35.3% | |
| Free cash flow | -28.3% | – | +4.5% | +8.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 0.3% | -11.4% | 37.0% | |
| Return on assets | 0.2% | -3.3% | 14.8% | |
| Current ratio | 2.34 | 1.73 | 1.49 | |
| Debt to equity | 0.21 | 0.37 | – | |
| Net debt to EBITDA | -1.45× | -5.35× | – | |
| Interest coverage | 0.7× | -0.6× | – | |
| Inventory turnover | 3.1× | 2.9× | 3.4× | |
| Capex to revenue | 4.2% | 3.3% | 4.6% | |
| Diluted shares | 68M | 63M | 48M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Abercrombie & Fitch generated $2.26B from operations and spent $2.03B on capital expenditure, dividends and share buybacks. 42% of that went back into the business.
Generated
$2.26B
Used
$2.03B
Capital expenditure$843.02M42%Dividends$00%Share buybacks$1.18B58%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin9.6%
×Asset turnover1.54×
×Equity multiplier2.50×
=Return on equity, FY202537.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 9.6% | 1.54× | 2.50× | 37.0% |
| FY2024 | 11.4% | 1.58× | 2.65× | 47.8% |
| FY2023 | 7.7% | 1.51× | 3.29× | 37.9% |
| FY2022 | 0.1% | 1.31× | 3.72× | 0.4% |
| FY2021 | 7.1% | 1.19× | 3.55× | 29.8% |
| FY2020 | -3.6% | 0.91× | 3.44× | -11.4% |
| FY2019 | 1.1% | 1.22× | 2.62× | 3.5% |
| FY2018 | 2.1% | 1.52× | 1.91× | 6.1% |
| FY2017 | 0.2% | 1.51× | 1.85× | 0.6% |
| FY2016 | 0.1% | 1.41× | 1.86× | 0.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$506.92M
- Cash generatingOperating cash flow above zero$619.14M
- Return on assets improvedROA up on the prior year19.0% → 15.4%
- Earnings backed by cashOperating cash flow above net income$619.14M vs $506.92M
- Less leverageLong-term debt to assets fell0.0% → –
- Better liquidityCurrent ratio rose1.48 → 1.49
- No dilutionShare count did not rise53M → 48M
- Gross margin improvedGross margin up on the prior year64.15% → 61.47%
- More efficientAsset turnover rose1.66 → 1.60