American Outdoor Brands, Inc.
Rank #156DeclineAOUT · Nasdaq · Consumer Cyclical
American Outdoor Brands, Inc. (AOUT) — Rank #156 by gross profitability (GP/assets 0.37) · ROE -5.6% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0001808997 · all metrics point-in-time as of the filing date.
About
American Outdoor Brands, Inc. provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally.
Show moreShow less
It provides shooting sports accessories products, including rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsman knives and tools for fishing and hunting; land management tools for hunting preparedness and for use in the backyard; and outdoor cooking products. The company also offers c-optical devices, including hunting optics, firearm aiming devices, flashlights, and laser grips; and reloading, gunsmithing, and firearm cleaning supplies. In addition, it offers gunsmithing tools, hunting accessories, meat processing equipment, shooting range and marksman products, cleaning and maintenance products, security and storage solutions, flashlights, cleaning kits, reloading products, hearing and eye protection products, training systems, and aiming solutions. The company sells its products through e-commerce and traditional distribution channels under the Adventurer, Harvester, Marksman, and Defender brand names, including Grilla, BUBBA, Schrade, Imperial, Hooyman, Old Timer, BOG, Uncle Henry, MEAT! Your Maker, Caldwell, Tipton, Wheeler, Frankford Arsenal, Crimson Trace, LaserLyte, Lockdown, M&P, Smith & Wesson, and Performance Center by Smith & Wesson. American Outdoor Brands, Inc.
was incorporated in 2020 and is based in Columbia, Missouri.
- Industry
- Leisure
- Sector
- Consumer Cyclical
- State
- DE
- Filer Category
- Accelerated filerSmaller reporting company
- Fiscal Year End
- April 30
- Website
- aob.com
Price History
Company Snapshot
P/E, P/B, and dividend yield matter most — book value provides a floor.
Market Cap
$190.45M
P/E (annual)
—
P/S (annual)
1.0
P/B
1.2
P/OCF (annual)
30.2
Shareholder Yield
1.7%
Employees
267
Industry
Leisure
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds2 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
18.6%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -1.7% — per-share value needs a total required return of 16.9% once share-count change is priced in.
vs. own 6-year median revenue growth: -2.7%
Cost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
13.7%
r = 10% (base)
18.6%
r = 12%
22.9%
Net debt / market cap: -17.5%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Asset value and restructuring potential (balance-sheet strength) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.37
Primary signal (Novy-Marx).
4th of 7 SIC 39 peers
Return on equity
-5.6%
Gross margin
44.7%
3rd of 7 SIC 39 peers
Revenue growth (YoY)
-14.3%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-0.1%
Revenue CAGR (5Y)
-7.2%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
-47.4%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.39
3rd of 6 SIC 39 peers (best = lowest)
Current ratio
4.93×
1st of 7 SIC 39 peers
Quick ratio
1.74×
Net cash
$33.27M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$4.27M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
1.46
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.6%
Stock-based comp intensity.
Piotroski F-Score
F-Score
5 / 9
Fundamental-strength score (0-9).
Lifecycle Phase History
Lynch sell alert: Turnaround stalled
Classified decline for 2 consecutive fiscal years (2025-04-30, 2026-04-30) with no recovery to a healthier phase -- Lynch's turnaround rule: if it hasn't turned around by now, assume it isn't going to.