American Eagle Outfitters, Inc. operates as a multi-brand specialty retailer in the United States and internationally. It provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands. The company also offers menswear products under the Todd Snyder New York brand; and fashion clothing and accessories under the Unsubscribed brand. It sells its products through its own and licensed retail stores, concession-based shops-within-shops, wholesale markets, and online marketplaces; and digital channels, such as www.ae.com, www.aerie.com, www.toddsnyder.com, and www.unsubscribed.com. American Eagle Outfitters, Inc. was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $5.5B | $550M | $192M | $195M | 11.3% | 4.1% | -41.7% |
| 2025 | $5.3B | $665M | $329M | $254M | 18.7% | 1.3% | 93.7% |
| 2024 | $5.3B | $600M | $170M | $406M | 9.8% | 5.4% | 35.9% |
| 2023 | $5.0B | $482M | $125M | $146M | 7.8% | - | - |
| 2022 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,989.83 | 5,261.77 | 5,328.65 | 5,547.24 |
| Operating Revenue | - | 4,989.83 | 5,261.77 | 5,328.65 | 5,547.24 |
| Cost Of Revenue | - | 3,244.58 | 3,237.19 | 3,239.72 | 3,521.92 |
| Gross Profit | - | 1,745.25 | 2,024.58 | 2,088.93 | 2,025.32 |
| Operating Expense | - | 1,475.99 | 1,660.17 | 1,644.07 | 1,697.50 |
| Selling General And Administration | - | 1,269.10 | 1,433.30 | 1,431.81 | 1,485.54 |
| Total Expenses | - | 4,720.58 | 4,897.36 | 4,883.79 | 5,219.41 |
| Operating Income | - | 269.26 | 364.41 | 444.86 | 327.82 |
| Total Operating Income As Reported | - | 247.05 | 222.72 | 427.30 | 226.22 |
| EBITDA | - | 481.76 | 599.62 | 665.39 | 550 |
| Normalized EBITDA | - | 503.96 | 741.32 | 682.95 | 651.61 |
| EBIT | - | 269.26 | 364.41 | 444.86 | 327.82 |
| Interest Expense | 34.63 | 14.30 | - | - | - |
| Net Interest Income | - | -79.02 | 6.19 | 7.77 | -4.11 |
| Other Non Operating Income Expenses | - | 10.46 | 10.01 | 4.68 | 27.28 |
| Other Income Expense | - | -11.74 | -131.69 | -12.88 | -74.32 |
| Interest Expense Non Operating | 34.63 | 14.30 | - | - | - |
| Net Non Operating Interest Income Expense | - | -79.02 | 6.19 | 7.77 | -4.11 |
| Pretax Income | - | 178.49 | 238.92 | 439.76 | 249.39 |
| Tax Provision | - | 53.36 | 69.82 | 112.85 | 63.87 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -6.64 | -41.23 | -4.51 | -26.02 |
| Net Income Continuous Operations | - | 125.14 | 169.10 | 326.90 | 185.52 |
| Net Income From Continuing And Discontinued Operation | - | 125.14 | 170.04 | 329.38 | 191.98 |
| Net Income From Continuing Operation Net Minority Interest | - | 125.14 | 170.04 | 329.38 | 191.98 |
| Net Income | - | 125.14 | 170.04 | 329.38 | 191.98 |
| Net Income Common Stockholders | - | 125.14 | 170.04 | 329.38 | 191.98 |
| Net Income Including Noncontrolling Interests | - | 125.14 | 169.10 | 326.90 | 185.52 |
| Normalized Income | - | 140.71 | 270.50 | 342.43 | 267.57 |
| Diluted NI Availto Com Stockholders | - | 130.61 | 170.10 | 329.38 | 191.98 |
| Basic Average Shares | - | 181.78 | 195.65 | 193.06 | 172.16 |
| Diluted Average Shares | - | 205.23 | 196.86 | 196.41 | 176.14 |
| Reconciled Depreciation | - | 212.50 | 235.21 | 220.52 | 222.18 |
| Reconciled Cost Of Revenue | - | 3,238.98 | 3,228.84 | 3,231.45 | 3,511.70 |
| Total Unusual Items | - | -22.21 | -141.70 | -17.56 | -101.60 |
| Total Unusual Items Excluding Goodwill | - | -22.21 | -141.70 | -17.56 | -101.60 |
| Minority Interests | - | - | 0.94 | 2.48 | 6.46 |
| Special Income Charges | - | -22.21 | -141.70 | -17.56 | -101.60 |
| Impairment Of Capital Assets | 9.37 | 18.36 | - | - | - |
| Restructuring And Mergern Acquisition | 2.58 | 3.84 | 130.81 | 10.73 | - |
| Depreciation Amortization Depletion Income Statement | - | 206.90 | 226.87 | 212.26 | 211.96 |
| Depreciation And Amortization In Income Statement | - | 206.90 | 226.87 | 212.26 | 211.96 |
| Total Other Finance Cost | - | 79.02 | -6.19 | -7.77 | 4.11 |
| Average Dilution Earnings | - | 5.47 | 0.06 | 0 | 0 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| American Eagle Outfitters, Inc.this co. | AEO | $2.8B | 14.54 | 1.65 | 11.3% | 7.73 |
| PHINIA Inc. | PHIN | $3.0B | 23.42 | 1.92 | 8.2% | 8.50 |
| Green Brick Partners, Inc. | GRBK | $3.0B | 9.55 | 1.65 | 17.3% | 7.63 |
| Marriott Vacations Worldwide Corporation | VAC | $3.0B | - | 1.50 | -15.5% | 434.60 |
| Patrick Industries, Inc. | PATK |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $2.8B |
| 20.96 |
| 2.39 |
| 11.4% |
| 10.19 |
| Callaway Golf Company | CALY | $2.7B | -6.59 | 1.30 | -19.8% | 17.81 |
| Sonic Automotive, Inc. | SAH | $2.7B | 22.45 | 2.49 | 11.1% | 13.11 |
| PENN Entertainment, Inc. | PENN | $2.6B | -3.12 | 1.43 | -46.0% | 412.90 |
| CarGurus, Inc. | CARG | $2.5B | 15.83 | 6.60 | 41.7% | 9.03 |
| Peer Median | - | 15.83 | 1.78 | 9.7% | 11.65 | |