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 | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $447.16M | $455.50M | $431.92M | $374.88M | $424.05M | $433.16M | $392.81M | $506.86M | $381.72M | $419.26M |
| Cost of Revenue | $286.96M | $301.88M | $285.58M | $251.95M | $267.22M | $284.43M | $257.65M | $296.90M | $243.02M | $255.93M |
| Gross Profit | $160.21M | $153.62M | $146.34M | $122.92M | $156.83M | $148.73M | $135.15M | $209.96M | $138.70M | $163.33M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $105.93M | $96.01M | $99.40M | $94.87M | $95.60M | $103.51M | $91.41M | $91.74M | $96.32M | $93.44M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $12.97M | $11.69M | $12.46M | $12.04M | $10.52M | $11.02M | $10.93M | $8.07M | $8.96M | $8.38M |
| Operating Income | $41.31M | $45.91M | $34.48M | $16.02M | $50.72M | $34.20M | $32.81M | $110.15M | $33.41M | $61.50M |
| Interest Expense | $1.33M | - | - | - | - | - | - | - | - | - |
| Income Tax | $8.57M | $8.71M | $7.88M | $3.22M | $11.30M | $8.16M | $7.74M | $25.29M | $8.16M | $14.78M |
| Net Income | $32.50M | $35.88M | $25.50M | $10.90M | $39.35M | $25.57M | $24.71M | $84.77M | $25.19M | $46.70M |
| EPS - Basic | $2.73 | $2.80 | $2.09 | $0.86 | $2.98 | $1.99 | $1.91 | $5.19 | $1.75 | $2.98 |
| EPS - Diluted | $2.67 | $2.74 | $2.05 | $0.85 | $2.89 | $1.94 | $1.86 | $5.00 | $1.68 | $2.86 |
Balance Sheet
| Line item | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.68M | $21.23M | $29.58M | $33.07M | $16.02M | $25.11M | $28.44M | $17.05M | $29.75M | $176.84M |
| Accounts Receivable | $16.97M | $16.74M | $12.14M | $15.45M | $12.85M | $15.17M | $16.50M | $13.61M | $13.35M | $14.23M |
| Inventory | $371.26M | $344.29M | $398.11M | $430.82M | $420.84M | $404.82M | $366.22M | $221.22M | $258.84M | $216.79M |
| Accounts Payable | $128.07M | $96.43M | $118.13M | $133.31M | $190.65M | $209.19M | $140.95M | $85.65M | $116.23M | $102.36M |
| Current Assets | $436.12M | $406.71M | $468.23M | $502.46M | $473.06M | $474.68M | $437.01M | $277.01M | $324.34M | $418.92M |
| Total Assets | $935.33M | $909.22M | $950.89M | $976.87M | $939.16M | $937.37M | $888.70M | $703.22M | $725.24M | $800.07M |
| Current Liabilities | $236.92M | $236.21M | $316.77M | $343.46M | $327.75M | $361.93M | $332.35M | $194.86M | $212.55M | $203.12M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $488.08M | $490.20M | $561.84M | $579.56M | $562.93M | $599.54M | $566.15M | $411.70M | $419.76M | $399.89M |
| Stockholders' Equity | $447.25M | $419.02M | $389.05M | $397.31M | $376.23M | $337.83M | $322.54M | $291.51M | $305.49M | $400.18M |
| Retained Earnings | $1.26B | $1.23B | $1.20B | $1.18B | $1.14B | $1.10B | $1.08B | $1.02B | $1.01B | $986.57M |
Cash Flow
| Line item | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $60.64M | ($26.80M) | - | - | $28.82M | - | - | $108.36M | - | - |
| Investing Cash Flow | ($8.55M) | ($14.23M) | - | - | ($15.61M) | - | - | ($6.93M) | - | - |
| Financing Cash Flow | ($44.64M) | $51.94M | - | - | ($7.04M) | - | - | ($39.87M) | - | - |
| CapEx | $8.46M | $14.22M | - | - | $15.97M | - | - | $7.03M | - | - |
| Free Cash Flow | $52.18M | ($41.02M) | - | - | $12.85M | - | - | $101.33M | - | - |
Ratios
| Metric | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 35.8% | 33.7% | 33.9% | 32.8% | 37.0% | 34.3% | 34.4% | 41.4% | 36.3% | 39.0% |
| Operating margin | 9.2% | 10.1% | 8.0% | 4.3% | 12.0% | 7.9% | 8.4% | 21.7% | 8.8% | 14.7% |
| EBITDA margin | 12.1% | 12.6% | 10.9% | 7.5% | 14.4% | 10.4% | 11.1% | 23.3% | 11.1% | 16.7% |
| Net margin | 7.3% | 7.9% | 5.9% | 2.9% | 9.3% | 5.9% | 6.3% | 16.7% | 6.6% | 11.1% |
| Free cash flow margin | 11.7% | -9.0% | - | - | 3.0% | - | - | 20.0% | - | - |
| FCF / Net income | 1.61 | -1.14 | - | - | 0.33 | - | - | 1.20 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 23.7% | 21.1% | 23.0% | 25.3% | 22.5% | 23.9% | 23.3% | 18.1% | 25.2% | 22.3% |
| Effective tax rate | 20.9% | 19.5% | 23.6% | 22.8% | 22.3% | 24.2% | 23.8% | 23.0% | 24.5% | 24.0% |
| Return on assets | 3.5% | 3.9% | 2.7% | 1.1% | 4.2% | 2.7% | 2.8% | 12.1% | 3.5% | 5.8% |
| Return on equity | 7.3% | 8.6% | 6.6% | 2.7% | 10.5% | 7.6% | 7.7% | 29.1% | 8.2% | 11.7% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.84 | 1.72 | 1.48 | 1.46 | 1.44 | 1.31 | 1.31 | 1.42 | 1.53 | 2.06 |
| Quick ratio | 0.27 | 0.26 | 0.22 | 0.21 | 0.16 | 0.19 | 0.21 | 0.29 | 0.31 | 1.00 |
| Cash ratio | 0.12 | 0.09 | 0.09 | 0.10 | 0.05 | 0.07 | 0.09 | 0.09 | 0.14 | 0.87 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 31.1x | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.09 | 2.17 | 2.44 | 2.46 | 2.50 | 2.77 | 2.76 | 2.41 | 2.37 | 2.00 |
| Liabilities / Assets | 0.52 | 0.54 | 0.59 | 0.59 | 0.60 | 0.64 | 0.64 | 0.59 | 0.58 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.48 | 0.50 | 0.45 | 0.38 | 0.45 | 0.46 | 0.44 | 0.72 | 0.53 | 0.52 |
| Inventory turnover | 0.77 | 0.88 | 0.72 | 0.58 | 0.63 | 0.70 | 0.70 | 1.34 | 0.94 | 1.18 |
| Days sales outstanding | 14d | 13d | 10d | 15d | 11d | 13d | 15d | 10d | 13d | 12d |
| Days inventory outstanding | 472d | 416d | 509d | 624d | 575d | 519d | 519d | 272d | 389d | 309d |
| Days payable outstanding | 163d | 117d | 151d | 193d | 260d | 268d | 200d | 105d | 175d | 146d |
| Cash conversion cycle | 323d | 313d | 368d | 446d | 325d | 264d | 334d | 176d | 227d | 176d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -1.8% | 7.4% | -0.3% | -4.6% | -16.3% | 13.5% | -6.3% | 87.8% | 15.2% | -5.1% |
| Revenue CAGR (3y) | -4.1% | 19.1% | 9.2% | -5.3% | 7.3% | 16.3% | 15.9% | 22.7% | 20.7% | 25.7% |
| Revenue CAGR (5y) | 5.4% | 10.6% | 14.8% | 12.2% | 9.0% | 12.7% | 15.9% | 12.4% | 10.0% | 15.2% |
| Gross profit growth (YoY) | 4.3% | -2.0% | -1.6% | -9.0% | -25.3% | 7.2% | -17.3% | 183.2% | 9.2% | -0.2% |
| Operating income growth (YoY) | -10.0% | -9.5% | 0.8% | -51.2% | -54.0% | 2.4% | -46.6% | - | 0.7% | 9.3% |
| Net income growth (YoY) | -9.4% | -8.8% | -0.3% | -55.9% | -53.6% | 1.5% | -47.1% | - | -0.3% | 15.7% |
| EPS growth (YoY) | -2.6% | -5.2% | 5.7% | -54.3% | -42.2% | 15.5% | -35.0% | - | 14.3% | 20.2% |
| EPS CAGR (3y) | -18.9% | - | 11.7% | -29.1% | 24.4% | 146.2% | - | 64.7% | 175.9% | - |
| EPS CAGR (5y) | 12.2% | 19.6% | 91.3% | - | 24.4% | 39.3% | - | 32.6% | 20.5% | 58.0% |
| FCF growth (YoY) | - | - | - | - | -87.3% | - | - | - | - | - |
| FCF CAGR (5y) | -5.6% | - | - | - | -26.3% | - | - | 15.5% | - | - |
| Book value growth (YoY) | 6.7% | 11.4% | 15.2% | 23.2% | 29.1% | 10.6% | -19.4% | -25.5% | -18.1% | 15.8% |
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%
Peer comparison
Same SIC group: Retail-Miscellaneous Shopping Goods Stores
Comparing HIBBETT INC against the 5 most active filers in the same SIC group.