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American Outdoor Brands, Inc.

Rank #149DeclineWatchlistCompare with other stocks

AOUT · Nasdaq · Consumer Cyclical

American Outdoor Brands, Inc. (AOUT) — Rank #149 by gross profitability (GP/assets 0.37) · ROE -5.6% · Piotroski F-Score 5 / 9.

As-of 2026-10-30 · 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.

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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

Company Snapshot

P/E, P/B, and dividend yield matter most — book value provides a floor.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

267

Industry

Leisure

Exchange

Nasdaq

9/12

Flags passed

AOUT fails 2 critical flags

Passes 9 of 12 quality flags, 1 caution

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • FAIL
    Operating margin declining

    Operating margin lower than prior year

  • CAUTION
    Disclosure regression

    A previously-disclosed line item is no longer reported — worth checking the filing for why

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.37
Return on equity
-5.6%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.39
Current ratio
4.93×
Net cash
$33.27M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
1.6%

Growth

1/2 pass
Revenue growth
-14.3%
Piotroski F-Score
5 / 9
Share dilution
-1.7%

Asset value and restructuring potential (balance-sheet strength) are the primary reads at this stage.

Profitability

Does it make money well?

Warning: Operating margin declining, Revenue declining YoY · GP/assets 0.37

Gross profitability (GP / assets)

0.37

Primary signal (Novy-Marx).

4th of 6 SIC 39 peers

Return on equity

-5.6%

Gross margin

44.7%

3rd of 6 SIC 39 peers

Revenue growth (YoY)

-14.3%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
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%

Cash Flow Health

Is the cash real?

No warning flags · FCF 146% above net income

Free cash flow

$4.27M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

146.4%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

1.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $33.27M, F-Score 5/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.39

3rd of 5 SIC 39 peers (best = lowest)

Current ratio

4.93×

1st of 6 SIC 39 peers

Quick ratio

1.74×

Net cash

$33.27M

Cash & equivalents minus total debt.

Piotroski F-Score

5 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.0 / 5

Good
Share count trend(net buybacks)
-1.7%3/5 Good
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-0.9%3/5 Good

Lifecycle Phase History

20212026
Hypergrowth
Decline
Startup

Price History

AOUT-32.3% · -7.5% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports