HIBB · Hibbett Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $1.73B | $1.71B | $1.69B | $1.42B | $1.18B | $968.22M |
| Cost of Revenue | $1.15B | $1.11B | $1.04B | $915.17M | $800.78M | $655.50M |
| Gross Profit | $583.70M | $601.90M | $646.41M | $504.49M | $383.45M | $328.74M |
| R&D | - | - | - | - | - | - |
| SG&A | $397.67M | $389.56M | $382.41M | $356.86M | $318.01M | $264.14M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $49.01M | $43.92M | $35.83M | $29.58M | $29.32M | $27.05M |
| Operating Income | $137.02M | $168.42M | $228.17M | $98.39M | $36.12M | $37.54M |
| Interest Expense | $5.74M | $1.58M | $317.0K | $563.0K | $1.01M | $714.0K |
| Income Tax | $28.49M | $38.91M | $53.58M | $23.69M | $8.98M | $9.14M |
| Net Income | $103.16M | $128.06M | $174.31M | $74.27M | $27.34M | $28.42M |
| EPS - Basic | $8.34 | $9.89 | $11.63 | $4.49 | $1.54 | $1.52 |
| EPS - Diluted | $8.17 | $9.62 | $11.19 | $4.36 | $1.52 | $1.51 |
Balance Sheet
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $21.23M | $16.02M | $17.05M | $209.29M | $38.96M | $61.76M |
| Accounts Receivable | $16.74M | $12.85M | $13.61M | $11.90M | $8.48M | $9.47M |
| Inventory | $344.29M | $420.84M | $221.22M | $202.04M | $288.01M | $280.29M |
| Accounts Payable | $96.43M | $190.65M | $85.65M | $107.22M | $131.66M | $107.31M |
| Current Assets | $406.71M | $473.06M | $277.01M | $439.80M | $372.51M | $367.86M |
| Total Assets | $909.22M | $939.16M | $703.22M | $808.17M | $769.76M | $546.07M |
| Current Liabilities | $236.21M | $327.75M | $194.86M | $225.32M | $233.66M | $173.27M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $490.20M | $562.93M | $411.70M | $417.13M | $440.78M | $210.02M |
| Stockholders' Equity | $419.02M | $376.23M | $291.51M | $391.04M | $328.98M | $336.05M |
| Retained Earnings | $1.23B | $1.14B | $1.02B | $858.95M | $784.94M | $759.68M |
Cash Flow
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $118.70M | $77.04M | $159.49M | $197.72M | $92.29M | $73.42M |
| Investing Cash Flow | ($55.37M) | ($63.17M) | ($70.16M) | ($32.97M) | ($17.01M) | ($103.87M) |
| Financing Cash Flow | ($58.11M) | ($14.91M) | ($281.56M) | ($21.53M) | ($70.96M) | $18.67M |
| CapEx | $57.89M | $62.83M | $71.15M | $34.76M | $17.33M | $17.70M |
| Free Cash Flow | $60.81M | $14.21M | $88.33M | $162.96M | $74.96M | $55.72M |
Ratios
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 33.8% | 35.2% | 38.2% | 35.5% | 32.4% | 34.0% |
| Operating margin | 7.9% | 9.9% | 13.5% | 6.9% | 3.0% | 3.9% |
| EBITDA margin | 10.8% | 12.4% | 15.6% | 9.0% | 5.5% | 6.7% |
| Net margin | 6.0% | 7.5% | 10.3% | 5.2% | 2.3% | 2.9% |
| Free cash flow margin | 3.5% | 0.8% | 5.2% | 11.5% | 6.3% | 5.8% |
| FCF / Net income | 0.59 | 0.11 | 0.51 | 2.19 | 2.74 | 1.96 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 23.0% | 22.8% | 22.6% | 25.1% | 26.9% | 27.3% |
| Effective tax rate | 21.6% | 23.3% | 23.5% | 24.2% | 24.7% | 24.3% |
| Return on assets | 11.3% | 13.6% | 24.8% | 9.2% | 3.6% | 5.2% |
| Return on equity | 24.6% | 34.0% | 59.8% | 19.0% | 8.3% | 8.5% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.72 | 1.44 | 1.42 | 1.95 | 1.59 | 2.12 |
| Quick ratio | 0.26 | 0.16 | 0.29 | 1.06 | 0.36 | 0.51 |
| Cash ratio | 0.09 | 0.05 | 0.09 | 0.93 | 0.17 | 0.36 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 23.9x | 106.7x | 719.8x | 174.8x | 35.6x | 52.6x |
| Equity multiplier | 2.17 | 2.50 | 2.41 | 2.07 | 2.34 | 1.62 |
| Liabilities / Assets | 0.54 | 0.60 | 0.59 | 0.52 | 0.57 | 0.38 |
| Efficiency | ||||||
| Asset turnover | 1.90 | 1.82 | 2.40 | 1.76 | 1.54 | 1.77 |
| Inventory turnover | 3.33 | 2.63 | 4.72 | 4.53 | 2.78 | 2.34 |
| Days sales outstanding | 4d | 3d | 3d | 3d | 3d | 4d |
| Days inventory outstanding | 110d | 139d | 77d | 81d | 131d | 156d |
| Days payable outstanding | 31d | 63d | 30d | 43d | 60d | 60d |
| Cash conversion cycle | 83d | 79d | 50d | 41d | 74d | 100d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 1.2% | 1.0% | 19.1% | 19.9% | 22.3% | 0.0% |
| Revenue CAGR (3y) | 6.8% | 13.0% | 20.4% | 13.6% | 6.8% | 0.9% |
| Revenue CAGR (5y) | 12.3% | 12.0% | 11.7% | 8.5% | 5.3% | - |
| Gross profit growth (YoY) | -3.0% | -6.9% | 28.1% | 31.6% | 16.6% | 5.1% |
| Operating income growth (YoY) | -18.6% | -26.2% | 131.9% | 172.4% | -3.8% | -33.8% |
| Net income growth (YoY) | -19.4% | -26.5% | 134.7% | 171.6% | -3.8% | -18.9% |
| EPS growth (YoY) | -15.1% | -14.0% | 156.7% | 186.8% | 0.7% | -11.7% |
| EPS CAGR (3y) | 23.3% | 85.0% | 95.0% | 36.6% | -17.6% | -19.7% |
| EPS CAGR (5y) | 40.2% | 41.3% | 32.7% | 8.3% | -11.9% | - |
| FCF growth (YoY) | 327.8% | -83.9% | -45.8% | 117.4% | 34.5% | -37.3% |
| FCF CAGR (5y) | 1.8% | -30.7% | 12.5% | 37.4% | -1.2% | - |
| Book value growth (YoY) | 11.4% | 29.1% | -25.5% | 18.9% | -2.1% | 5.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-02-03.
Product / service
$1.73B totalFootwear$1.21B · 70.3%
Apparel$329.40M · 19.1%
Sports Equipment$184.76M · 10.7%
Stability scores
Altman Z′
FY 2024 · bankruptcy risk
4.00
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2024 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Miscellaneous Shopping Goods Stores
Comparing HIBBETT INC against the 5 most active filers in the same SIC group.