Dick's Sporting Goods (DKS)
Market Price (12/4/2025): $227.92 | Market Cap: $18.0 BilSector: Consumer Discretionary | Industry: Specialty Stores
Dick's Sporting Goods (DKS)
Market Price (12/4/2025): $227.92Market Cap: $18.0 BilSector: Consumer DiscretionaryIndustry: Specialty Stores
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% | |
| Low stock price volatilityVol 12M is 45% | |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Health & Wellness Trends. Themes include Direct-to-Consumer Brands, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 45% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Health & Wellness Trends. Themes include Direct-to-Consumer Brands, Show more. |
Valuation, Metrics & Events
DKS Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are the key points for why Dick's Sporting Goods (DKS) stock moved by 7.7% for the approximate time period from August 31, 2025, to early December 2025:
1. Strong Third-Quarter Earnings and Revenue. The company reported robust third-quarter earnings per share (EPS) of $2.78, surpassing analyst expectations of $2.71. Additionally, revenue reached $4.17 billion, reflecting effective strategy and strong business dynamics.
2. Raised Earnings Per Share Forecast. Dick's Sporting Goods increased its future EPS forecast from a range of $13.90-$14.50 to a new range of $14.25-$14.55, signaling positive future expectations for the company.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DKS Return | 18% | 117% | 7% | 26% | 59% | -7% | 408% |
| Peers Return | 46% | 71% | -14% | 20% | -8% | 12% | 168% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| DKS Win Rate | 58% | 75% | 50% | 58% | 67% | 50% | |
| Peers Win Rate | 65% | 65% | 45% | 53% | 47% | 56% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| DKS Max Drawdown | -66% | -0% | -38% | -14% | -6% | -27% | |
| Peers Max Drawdown | -56% | -9% | -37% | -22% | -34% | -40% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: GOLF, SPWH, DKS, FIVE, SIG. See DKS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | DKS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -49.2% | -25.4% |
| % Gain to Breakeven | 96.9% | 34.1% |
| Time to Breakeven | 287 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -65.9% | -33.9% |
| % Gain to Breakeven | 193.4% | 51.3% |
| Time to Breakeven | 161 days | 148 days |
| 2018 Correction | ||
| % Loss | -55.9% | -19.8% |
| % Gain to Breakeven | 126.9% | 24.7% |
| Time to Breakeven | 1035 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -73.3% | -56.8% |
| % Gain to Breakeven | 274.9% | 131.3% |
| Time to Breakeven | 743 days | 1480 days |
Compare to GOLF, SPWH, DKS, FIVE, SIG
In The Past
Dick's Sporting Goods's stock fell -49.2% during the 2022 Inflation Shock from a high on 11/22/2021. A -49.2% loss requires a 96.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
Trade Ideas
Select past ideas related to DKS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 6.8% | 6.8% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.5% | 0.5% | 0.0% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.6% | -2.6% | -2.6% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.7% | 3.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.3% | 1.3% | -1.6% |
| 04302024 | DKS | Dick's Sporting Goods | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.6% | -4.6% | -13.0% |
| 05312023 | DKS | Dick's Sporting Goods | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 2.0% | 80.9% | -19.5% |
| 09302022 | DKS | Dick's Sporting Goods | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 37.1% | 6.7% | -5.4% |
| 03312020 | DKS | Dick's Sporting Goods | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 172.3% | 266.7% | -16.4% |
| 08312017 | DKS | Dick's Sporting Goods | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 23.5% | 45.6% | -6.9% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 6.8% | 6.8% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.5% | 0.5% | 0.0% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.6% | -2.6% | -2.6% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.7% | 3.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.3% | 1.3% | -1.6% |
| 04302024 | DKS | Dick's Sporting Goods | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.6% | -4.6% | -13.0% |
| 05312023 | DKS | Dick's Sporting Goods | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 2.0% | 80.9% | -19.5% |
| 09302022 | DKS | Dick's Sporting Goods | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 37.1% | 6.7% | -5.4% |
| 03312020 | DKS | Dick's Sporting Goods | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 172.3% | 266.7% | -16.4% |
| 08312017 | DKS | Dick's Sporting Goods | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 23.5% | 45.6% | -6.9% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Dick's Sporting Goods
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 89.02 |
| Mkt Cap | 5.0 |
| Rev LTM | 4,232 |
| Op Inc LTM | 349 |
| FCF LTM | 345 |
| FCF 3Y Avg | 181 |
| CFO LTM | 559 |
| CFO 3Y Avg | 475 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 2.7% |
| Rev Chg 3Y Avg | 4.1% |
| Rev Chg Q | 5.0% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 8.3% |
| Op Mgn 3Y Avg | 9.6% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 9.1% |
| CFO/Rev 3Y Avg | 10.9% |
| FCF/Rev LTM | 4.4% |
| FCF/Rev 3Y Avg | 5.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.0 |
| P/S | 1.1 |
| P/EBIT | 9.7 |
| P/E | 21.1 |
| P/CFO | 11.0 |
| Total Yield | 5.6% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 4.0% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.0% |
| 3M Rtn | 8.1% |
| 6M Rtn | 20.5% |
| 12M Rtn | 11.3% |
| 3Y Rtn | 50.9% |
| 1M Excs Rtn | 3.0% |
| 3M Excs Rtn | -2.1% |
| 6M Excs Rtn | 5.8% |
| 12M Excs Rtn | -0.9% |
| 3Y Excs Rtn | -24.9% |
Comparison Analyses
Segment Financials
Revenue by Segment
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Omni-channel sporting goods retailer that offers an extensive assortment of authentic, high-quality, | 12,984 | 12,368 | 12,293 | 9,584 | 8,751 |
| Total | 12,984 | 12,368 | 12,293 | 9,584 | 8,751 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Omni-channel sporting goods retailer that offers an extensive assortment of authentic, high-quality, | 1,047 | 1,043 | |||
| Total | 1,047 | 1,043 |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 7312025 | 8282025 | 10-Q 8/2/2025 |
| 4302025 | 6092025 | 10-Q 5/3/2025 |
| 1312025 | 3272025 | 10-K 2/1/2025 |
| 10312024 | 11272024 | 10-Q 11/2/2024 |
| 7312024 | 9042024 | 10-Q 8/3/2024 |
| 4302024 | 5302024 | 10-Q 5/4/2024 |
| 1312024 | 3282024 | 10-K 2/3/2024 |
| 10312023 | 11222023 | 10-Q 10/28/2023 |
| 7312023 | 8232023 | 10-Q 7/29/2023 |
| 4302023 | 5242023 | 10-Q 4/29/2023 |
| 1312023 | 3232023 | 10-K 1/28/2023 |
| 10312022 | 11232022 | 10-Q 10/29/2022 |
| 7312022 | 8242022 | 10-Q 7/30/2022 |
| 4302022 | 5252022 | 10-Q 4/30/2022 |
| 1312022 | 3232022 | 10-K 1/29/2022 |
| 10312021 | 11232021 | 10-Q 10/30/2021 |
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