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DKS

DICK'S Sporting Goods, Inc.

DKS

DICK'S Sporting Goods, Inc. • NYSE
$206.57 ▼ -0.40% (-0.84)
Market Cap $16.73 B
52w High $254.60
52w Low $166.37
Dividend Yield 4.74%
P/E 16.84
Volume 1.77M
Outstanding Shares 81.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $4.168B ▲ $1.119B ▲ $75.212M ▼ 1.805% ▼ $0.88 ▼ $122.746M ▼
Q2-2025 $3.647B ▲ $899.087M ▲ $381.402M ▲ 10.459% ▲ $4.82 ▲ $631.596M ▲
Q1-2025 $3.175B ▼ $798.97M ▼ $264.288M ▼ 8.325% ▲ $3.33 ▼ $457.72M ▼
Q4-2024 $3.894B ▲ $974.266M ▲ $299.969M ▲ 7.704% ▲ $3.73 ▲ $520.005M ▲
Q3-2024 $3.057B $807.4M $227.813M 7.452% $2.83 $411.161M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $821.331M ▼ $17.427B ▲ $11.907B ▲ $5.52B ▲
Q2-2025 $1.231B ▲ $10.691B ▲ $7.336B ▼ $3.355B ▲
Q1-2025 $1.036B ▼ $10.435B ▼ $7.382B ▲ $3.052B ▼
Q4-2024 $1.69B ▲ $10.459B ▲ $7.26B ▼ $3.198B ▲
Q3-2024 $1.459B $10.452B $7.388B $3.063B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $75.212M ▼ $-196.48M ▼ $-12.417M ▲ $-198.353M ▼ $-409.691M ▼ $-463.707M ▼
Q2-2025 $381.402M ▲ $557.595M ▲ $-263.177M ▲ $-99.289M ▲ $195.133M ▲ $296.244M ▲
Q1-2025 $264.288M ▼ $178.046M ▼ $-385.693M ▼ $-446.729M ▼ $-654.051M ▼ $-86.679M ▼
Q4-2024 $299.969M ▲ $631.528M ▲ $-239.313M ▼ $-160.694M ▼ $231.285M ▲ $394.532M ▲
Q3-2024 $227.813M $54.159M $-190.367M $-96.982M $-233.244M $-139.305M

Revenue by Products

Product Q2-2019Q3-2019Q4-2019Q1-2025
Reportable Segment
Reportable Segment
 $0 ▲$0 ▲$0 ▲$3.17Bn ▲
Apparel
Apparel
 $680.00M ▲$680.00M ▲$1.17Bn ▲$0 ▼
Footwear
Footwear
 $450.00M ▲$450.00M ▲$480.00M ▲$0 ▼
Hardlines
Hardlines
 $1.09Bn ▲$800.00M ▼$930.00M ▲$0 ▼
Other Non Merchandise Category
Other Non Merchandise Category
 $40.00M ▲$30.00M ▼$30.00M ▲$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Over the past five years, DICK’S has grown sales steadily while keeping profitability at a high level for a retailer. Earnings jumped during the pandemic boom and then normalized, but profits have remained strong and have started to grow again after that peak. Gross margins are healthy, suggesting good pricing power and effective mix of brands and private labels. Overall, the income statement points to a mature business that is still expanding, with solid efficiency and no obvious signs of strain in its core operations.

Balance Sheet

Balance Sheet The balance sheet shows a company that has grown its asset base and shareholder equity over time while also taking on a meaningful, but seemingly manageable, level of debt. Cash balances are solid, though not as elevated as during the pandemic period, reflecting more active investment and capital returns. Debt has ticked up alongside growth, so leverage is something to monitor, but it doesn’t appear excessive relative to the size and earnings power of the business. Overall, the financial foundation looks sound, with a reasonable balance between growth, liquidity, and leverage.

Cash Flow

Cash Flow DICK’S generates consistent cash from its operations, which provides a strong underpinning for the business. Free cash flow has been positive in every year shown, though it has moved around as the company steps up spending on new stores, experiential concepts, and technology. Capital spending has clearly increased, signaling a deliberate choice to reinvest more heavily for future growth rather than simply maximizing near‑term cash. The pattern suggests a business that can comfortably fund its investments from internal cash while still having room for shareholder returns, provided performance remains stable.

Competitive Edge

Competitive Edge The company holds a leading position in U.S. sporting goods retail, supported by a broad assortment, national store footprint, and an increasingly strong digital presence. Its relationships with major athletic brands, plus its own private labels, help it stand out and support margins. Experiential “destination” stores further differentiate it from online‑only rivals and more generic retailers. At the same time, competition from brand-direct channels, e‑commerce giants, and other specialty retailers remains a key ongoing pressure that requires constant innovation and tight execution.

Innovation and R&D

Innovation and R&D Innovation at DICK’S is centered on customer experience and technology rather than traditional lab-based R&D. The GameChanger app ecosystem, new AI-driven video tools, RFID-enabled inventory, and a unified omnichannel platform deepen engagement and make shopping smoother. Experiential formats like House of Sport and Field House turn stores into activity hubs, while the Foot Locker acquisition and the DSG Ventures fund extend its reach into new concepts, geographies, and sports technologies. These initiatives create upside potential but also introduce integration and execution risks, especially around large-scale store rollouts and the Foot Locker turnaround.

Summary

Taken together, DICK’S looks like a mature retailer that has used the pandemic surge as a springboard rather than a one‑off windfall. Revenue and profits are solid, cash generation is strong, and the balance sheet appears capable of supporting its growth ambitions. The company is leaning into experiential stores, digital platforms, data-driven media, and strategic deals like Foot Locker to widen its moat. The main questions going forward center on how well it can integrate acquisitions, execute new store concepts at scale, and defend its position against both online and brand-direct competition while maintaining its current level of profitability.

NEWS

November 25, 2025 · 7:00 AM UTC

DICK'S Sporting Goods, Inc. Reports Third Quarter Results; Raises 2025 Outlook for the DICK'S Business

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November 25, 2025 · 2:00 AM UTC

DICK'S Sporting Goods Names Matthew Barnes President, Foot Locker International

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November 19, 2025 · 8:00 AM UTC

DICK'S Sporting Goods Announces Participation in the Morgan Stanley Global Consumer & Retail Conference

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November 18, 2025 · 10:03 AM UTC

DICK'S Sporting Goods' Cookie Jar & A Dream Studios Announces Newest Project, An Unscripted Television Series Titled Play It Forward: Game On

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November 13, 2025 · 9:03 AM UTC

GOLF GALAXY ANNOUNCES 2025 HOLIDAY DEALS, GIFT GUIDE AND BLACK FRIDAY HOURS

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