# Dick's Sporting Goods, Inc. (DKS) — Stock CV

Dick's Sporting Goods, Inc. is a $13.4B consumer company. Revenue shrank 1.1% over the last year, it keeps 6¢ of every dollar of sales as profit, and its net debt equals ~17.0 years of free cash flow. It trades at 14.5× earnings — in the most expensive third of its own history.

> Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores.

## Identity

- **Ticker**: DKS
- **Sector**: Consumer Cyclical
- **Industry**: Retail-Miscellaneous Shopping Goods Stores
- **Headquarters**: CORAOPOLIS, PA
- **Employees**: 105 200
- **Website**: https://www.dicks.com
- **Market cap**: $13.4B
- **Last price**: $136.50
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $43.9B
- **Net income**: $2.44B
- **Free cash flow**: $414M
- **Net debt**: $7.05B
- **P/E**: 14.5
- **Revenue growth (YoY)**: -1.1%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 67 |
| Growth | 37 |
| Profitability | 35 |
| Health | 60 |
| Quality | 68 |
| Moat | 60 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [ ] Revenue growing — -1.1% YoY
- [x] Profitable — $2.44B TTM
- [ ] Profit growing — -1.7% YoY
- [x] Generates cash — $414M TTM
- [ ] Debt under control — ~17.0y of cash flow to repay
- [x] Established company — $13.4B market cap
- [x] Not printing shares — -10.2% shares over ~5y
- [x] Proven track record — 12/12 profitable years
- [x] Financially stable — Altman Z 2.1 — grey
- [x] Pays a dividend — yield 3.64%
- [x] Valuation not extreme — P/E 14.5

## Experience (career milestones)

- **Q3 2026** — 9 open-market insider purchases: ~43K shares bought by insiders
- **FY2021** — Best year on record: $3.91B net income
- **FY2020** — Became debt-free: cash now exceeds total debt
- **FY2016** — Profitable every year on record: 12 consecutive profitable years in our data
- **FY2016** — Revenue already above $10B: $18.6B in first reported year

## Strengths

- Interest covered 18.8× by operating earnings

## Watch-outs

- Revenue shrinking 1.1% year over year
- Net debt would take ~17.6 years of free cash flow to repay
- Net debt equals ~17.0 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2023 | $30.9B | $2.61B | $1.61B |
| FY2024 | $32.5B | $2.94B | $952M |
| FY2025 | $38.2B | $2.48B | $217M |
| FY2026 | $44.1B | $2.53B | $58.7M |
| FY2027 | $15.9B | $955M | -$35.4M |

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Source: https://stockcv.com/DKS — derived from company filings; may be delayed or incomplete. Information, not investment advice.