American Eagle Outfitters, Inc. (AEO) Key Metrics
AEO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.01B
- Enterprise value
- $4.44B
- P/E (TTM)
- 9.2 10-yr median 14.4
- Forward P/E
- 11.3
- PEG ratio
- 3.34
- Price / sales
- 0.5 10-yr median 0.8
- Price / book
- 1.5 10-yr median 2.4
- EV / EBITDA
- 5.9 10-yr median 8.0
- Dividend yield
- 2.78% $0.50 a year
- Beta
- 1.26
AEO key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsAEO valuation Price multiples at each fiscal year-end price.
AEO returns How much profit the business earns on the capital it uses.
AEO per-share figures Results divided by the shares outstanding at year-end.
AEO financial health Debt, liquidity and how easily interest is covered.
AEO efficiency & capital use Working capital cycle and where the cash goes.
AEO valuation history
AEO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AEO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AEO cash returned to shareholders
AEO price vs earnings per share
AEO key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.11B | $3.17B | $3.90B | $3.31B | $4.72B | $3.78B | $2.46B | $3.76B | $3.24B | $2.78B |
| Enterprise value | $5.60B | $4.26B | $4.63B | $4.51B | $6.09B | $4.73B | $3.64B | $3.35B | $2.94B | $2.50B |
| P/E ratio | 21.4 | 9.6 | 22.9 | 26.5 | 11.2 | — | 12.9 | 14.4 | 15.9 | 13.1 |
| Price / sales | 0.7 | 0.6 | 0.7 | 0.7 | 0.9 | 1.0 | 0.6 | 0.9 | 0.9 | 0.8 |
| Price / book | 2.4 | 1.8 | 2.2 | 2.1 | 3.3 | 3.5 | 2.0 | 2.9 | 2.6 | 2.3 |
| Price / free cash flow | 21.0 | 12.5 | 9.6 | 22.7 | 67.5 | 50.7 | 12.0 | 14.0 | 14.4 | 13.7 |
| Price / operating cash flow | 9.0 | 6.6 | 6.7 | 8.2 | 15.5 | 18.7 | 5.9 | 8.2 | 8.2 | 7.6 |
| EV / sales | 1.0 | 0.8 | 0.9 | 0.9 | 1.2 | 1.3 | 0.8 | 0.8 | 0.8 | 0.7 |
| EV / EBITDA | 12.0 | 6.4 | 9.7 | 11.1 | 8.0 | — | 8.5 | 6.5 | 6.4 | 5.1 |
| EV / free cash flow | 28.7 | 16.7 | 11.4 | 30.9 | 87.2 | 63.5 | 17.8 | 12.5 | 13.1 | 12.4 |
| Earnings yield | 4.7% | 10.4% | 4.4% | 3.8% | 8.9% | −5.5% | 7.8% | 7.0% | 6.3% | 7.6% |
| Free cash flow yield | 4.8% | 8.0% | 10.4% | 4.4% | 1.5% | 2.0% | 8.3% | 7.1% | 6.9% | 7.3% |
| Dividend yield | 2.1% | 3.0% | 2.1% | 2.0% | 2.4% | 0.6% | 3.8% | 2.6% | 2.7% | 3.3% |
| Shareholder yield (dividends + buybacks) | 8.6% | 9.5% | 2.9% | 8.3% | 2.9% | 1.3% | 8.7% | 6.9% | 5.8% | 3.5% |
| Share price at fiscal year-end | $23.31 | $16.14 | $19.82 | $16.14 | $22.83 | $22.69 | $14.40 | $21.12 | $18.00 | $15.11 |
| Per share | ||||||||||
| Revenue per share | $31.21 | $27.13 | $26.73 | $24.31 | $24.26 | $22.58 | $25.21 | $22.67 | $21.07 | $19.64 |
| Earnings per share | $1.09 | $1.68 | $0.86 | $0.61 | $2.03 | −$1.26 | $1.12 | $1.47 | $1.13 | $1.16 |
| Operating cash flow per share | $2.59 | $2.43 | $2.95 | $1.98 | $1.47 | $1.22 | $2.43 | $2.56 | $2.19 | $1.99 |
| Free cash flow per share | $1.11 | $1.29 | $2.06 | $0.71 | $0.34 | $0.45 | $1.20 | $1.50 | $1.25 | $1.10 |
| Cash per share | $1.36 | $1.83 | $2.31 | $0.83 | $2.11 | $5.11 | $2.44 | $2.39 | $2.30 | $2.06 |
| Book value per share | $9.60 | $9.00 | $8.82 | $7.79 | $6.89 | $6.53 | $7.30 | $7.23 | $6.92 | $6.55 |
| Tangible book value per share | $8.11 | $7.63 | $7.44 | $6.04 | $5.08 | $6.11 | $6.99 | $6.91 | $6.58 | $6.20 |
| Dividends per share | $0.48 | $0.49 | $0.43 | $0.32 | $0.55 | $0.14 | $0.54 | $0.55 | $0.49 | $0.49 |
| Capex per share | $1.48 | $1.13 | $0.89 | $1.27 | $1.13 | $0.77 | $1.23 | $1.06 | $0.94 | $0.89 |
| Debt per share | $9.84 | $7.36 | $6.02 | $6.66 | $8.75 | $10.83 | $9.37 | $0.11 | $0.61 | $0.57 |
| Shares outstanding | 176.1M | 196.4M | 196.9M | 205.2M | 206.5M | 166.5M | 170.9M | 178.0M | 180.2M | 183.8M |
| Change in shares outstanding | −10.3% | −0.2% | −4.1% | −0.6% | +24.1% | −2.6% | −4.0% | −1.2% | −2.0% | −6.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 11.1% | 18.8% | 10.2% | 8.3% | 33.4% | −17.9% | 15.1% | 20.7% | 16.7% | 18.8% |
| Return on invested capital (ROIC) | 8.1% | 12.6% | 9.9% | 6.9% | 18.9% | 0.3% | 14.8% | 28.2% | 24.7% | 24.0% |
| Return on assets (ROA) | 4.9% | 8.9% | 4.9% | 3.5% | 11.6% | −6.2% | 7.3% | 14.1% | 11.3% | 12.5% |
| Return on tangible assets | 5.1% | 9.2% | 5.2% | 4.1% | 12.3% | −6.2% | 5.8% | 14.2% | 11.6% | 12.4% |
| Free cash flow margin | 3.6% | 4.8% | 7.7% | 2.9% | 1.4% | 2.0% | 4.8% | 6.6% | 5.9% | 5.6% |
| Income quality (OCF / net income) | 2.38 | 1.45 | 3.42 | 3.25 | 0.72 | — | 2.17 | 1.74 | 1.93 | 1.72 |
| Financial health | ||||||||||
| Total debt | $1.73B | $1.45B | $1.19B | $1.37B | $1.81B | $1.80B | $1.60B | $20.1M | $109.3M | $104.8M |
| Cash & short-term investments | $238.9M | $359.0M | $454.1M | $170.2M | $434.8M | $850.5M | $416.9M | $425.5M | $413.6M | $378.6M |
| Net debt | $1.49B | $1.09B | $731.5M | $1.20B | $1.37B | $952.2M | $1.18B | −$405.4M | −$304.3M | −$273.8M |
| Debt / equity | 1.02 | 0.82 | 0.68 | 0.86 | 1.27 | 1.66 | 1.28 | 0.02 | 0.09 | 0.09 |
| Debt / assets | 0.43 | 0.38 | 0.33 | 0.40 | 0.48 | 0.52 | 0.48 | 0.01 | 0.06 | 0.06 |
| Net debt / EBITDA | 3.21 | 1.64 | 1.54 | 2.96 | 1.80 | — | 2.77 | −0.79 | −0.67 | −0.55 |
| Current ratio | 1.52 | 1.53 | 1.61 | 1.43 | 1.66 | 1.77 | 1.39 | 1.93 | 2.00 | 1.83 |
| Quick ratio | 0.71 | 0.81 | 0.89 | 0.67 | 1.00 | 1.30 | 0.80 | 1.15 | 1.18 | 1.10 |
| Interest coverage | 79.7 | 375.0 | 311.9 | 3.5 | 17.5 | 0.3 | 2.1 | — | — | — |
| Working capital | $448.5M | $471.6M | $542.2M | $331.3M | $554.1M | $664.2M | $296.2M | $503.6M | $483.3M | $407.4M |
| Invested capital | $3.19B | $2.85B | $2.47B | $2.80B | $2.80B | $2.04B | $2.43B | $882.2M | $942.5M | $930.8M |
| Tangible asset value | $1.43B | $1.50B | $1.47B | $1.24B | $1.05B | $1.02B | $1.19B | $1.23B | $1.19B | $1.14B |
| Net current asset value | −$1.04B | −$709.7M | −$387.8M | −$721.6M | −$966.0M | −$825.5M | −$1.03B | $430.4M | $399.0M | $323.1M |
| Graham number | $15.35 | $18.42 | $13.09 | $10.34 | $17.75 | — | $13.56 | $15.47 | $13.28 | $13.05 |
| Graham net-net per share | −$8.90 | −$6.06 | −$4.37 | −$5.74 | −$6.96 | −$7.12 | −$7.91 | $0.52 | $0.57 | $0.24 |
| Capital allocation | ||||||||||
| Dividends paid | $85.3M | $96.5M | $83.8M | $64.8M | $113.9M | $22.9M | $92.8M | $97.1M | $88.5M | $90.7M |
| Share buybacks (net) | $266.7M | $204.7M | $30.9M | $209.8M | $24.0M | $25.4M | $120.5M | $164.1M | $100.2M | $7.0M |
| Dividend payout ratio | 44.4% | 29.3% | 49.3% | 51.8% | 27.2% | — | 48.5% | 37.1% | 43.4% | 42.7% |
| Dividends + buybacks / free cash flow | 180.1% | 118.4% | 28.2% | 188.2% | 197.6% | 64.8% | 104.0% | 97.6% | 83.9% | 48.2% |
| Capex / revenue | 4.7% | 4.2% | 3.3% | 5.2% | 4.7% | 3.4% | 4.9% | 4.7% | 4.5% | 4.5% |
| Capex / operating cash flow | 57.2% | 46.7% | 30.0% | 64.1% | 77.0% | 63.2% | 50.6% | 41.4% | 43.0% | 44.6% |
| Capex / depreciation | 1.23 | 1.01 | 0.74 | 1.23 | 1.37 | 0.77 | 1.16 | 1.11 | 1.00 | 1.03 |
| Stock-based compensation / revenue | 1.5% | 0.7% | 1.0% | 0.8% | 0.8% | 0.9% | 0.5% | 0.7% | 0.4% | 0.8% |
| SG&A / revenue | 27.0% | 26.9% | 27.2% | 25.4% | 24.4% | 26.0% | 23.9% | 24.3% | 23.2% | 23.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 17.3 | 17.5 | 17.0 | 19.4 | 15.8 | 12.9 | 9.0 | 7.8 | 7.9 | 8.5 |
| Days of inventory on hand | 66.3 | 67.6 | 64.8 | 60.3 | 55.0 | 56.0 | 53.6 | 55.3 | 53.3 | 50.5 |
| Days payables outstanding | 26.4 | 29.1 | 26.6 | 24.7 | 28.0 | 35.6 | 32.4 | 32.1 | 34.0 | 32.6 |
| Cash conversion cycle (days) | 57.2 | 56.0 | 55.3 | 55.0 | 42.8 | 33.3 | 30.2 | 31.0 | 27.2 | 26.3 |
| Receivables turnover | 21.10 | 20.88 | 21.46 | 18.86 | 23.16 | 28.35 | 40.54 | 46.99 | 46.02 | 43.09 |
| Payables turnover | 13.84 | 12.56 | 13.73 | 14.79 | 13.05 | 10.24 | 11.26 | 11.38 | 10.73 | 11.19 |
| Inventory turnover | 5.50 | 5.40 | 5.63 | 6.06 | 6.64 | 6.51 | 6.81 | 6.60 | 6.85 | 7.23 |
| Asset turnover | 1.40 | 1.44 | 1.51 | 1.38 | 1.39 | 1.11 | 1.65 | 2.17 | 2.11 | 2.13 |
| Average receivables | $260.5M | $255.1M | $245.2M | $264.5M | $216.4M | $132.6M | $106.3M | $85.9M | $82.5M | $83.8M |
| Average payables | $266.2M | $274.5M | $251.3M | $233.1M | $243.8M | $270.8M | $263.2M | $238.7M | $241.5M | $214.5M |
| Average inventory | $669.3M | $638.7M | $612.9M | $569.3M | $479.5M | $425.9M | $435.3M | $411.3M | $378.3M | $331.8M |
| Intangibles / total assets | 6.5% | 7.0% | 7.6% | 10.5% | 9.9% | 2.0% | 1.6% | 3.1% | 3.4% | 3.6% |
Computed from AEO's annual financial statements (latest annual report filed March 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AEO valuation and financial ratios
At the end of fiscal 2026 (January 31, 2026), American Eagle Outfitters traded at 21.4 times earnings, against a 10-year median of 14.4. Based on the latest twelve months, the trailing P/E is 9.2 and the forward P/E is 11.3. American Eagle Outfitters earned a return on equity of 11.1% and a return on invested capital of 8.1% in fiscal 2026. It ended the year with $1.7 billion of debt and $238.9 million in cash and short-term investments, net debt of $1.5 billion. It returned $352.0 million to shareholders: $85.3 million in dividends and $266.7 million in share buybacks, 180% of free cash flow. The share count fell 4.2% from 183.8M to 176.1M over 9 years.
See the AEO income statement, the AEO chart for price history, or the AEO stock overview for the latest quote and news.
AEO key metrics FAQ
What is American Eagle Outfitters's P/E ratio?
American Eagle Outfitters's trailing P/E ratio is 9.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.3. At the end of fiscal 2026 it was 21.4, compared with a 10-year median of 14.4.
What is American Eagle Outfitters's EV/EBITDA?
American Eagle Outfitters's enterprise value was 12.0 times EBITDA at the end of fiscal 2026 (enterprise value $5.6 billion, EBITDA $465.5 million); the current EV/EBITDA is 5.9.
What is American Eagle Outfitters's return on equity?
American Eagle Outfitters's return on equity (ROE) was 11.1% in fiscal 2026: net income of $192.0 million on average shareholders' equity of $1.7 billion.
What is American Eagle Outfitters's ROIC?
American Eagle Outfitters's return on invested capital was 8.1% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does American Eagle Outfitters have?
American Eagle Outfitters had total debt of $1.7 billion at the end of fiscal 2026, a debt-to-equity ratio of 1.02 and $1.5 billion of net debt (3.21 times EBITDA).
What is American Eagle Outfitters's dividend yield?
American Eagle Outfitters's forward dividend yield is 2.78%. American Eagle Outfitters paid $85.3 million in dividends in fiscal 2026 ($0.48 per share), a payout ratio of 44.4%.
Does American Eagle Outfitters buy back its shares?
Yes. American Eagle Outfitters spent $266.7 million on net share repurchases in fiscal 2026 Shares outstanding changed −10.3% over the year, to 176.1M..
What is American Eagle Outfitters's free cash flow yield?
American Eagle Outfitters generated $195.4 million of free cash flow in fiscal 2026, a free cash flow yield of 4.8% on its market value at year-end ($4.1 billion).
What is American Eagle Outfitters's current ratio?
American Eagle Outfitters's current ratio was 1.52 at the end of fiscal 2026: current assets were 1.52 times current liabilities.