MeritValue

AMERICAN EAGLE OUTFITTERS INC

AEOdata completeness 100%18 fiscal years on file

Data notes: no data for concept 'interestExpense'

i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$5.01B1$4.99B2$5.26B3$5.33B3$5.55B3
Net income$419.6M4$125.1M5$170M6$329.4M6$192M6
Operating cash flow$303.7M7$406.3M8$580.7M9$476.8M9$456.2M9
Capital expenditure$233.8M10$260.4M11$174.4M12$222.5M12$260.8M12
Free cash flow (derived)$69.8M7$145.9M8$406.3M9$254.3M9$195.4M9
Total debt$341M13$8.91M14$015$015$015
Cash & equivalents$434.8M16$170.2M17$354.1M18$309M19$238.9M19
Diluted shares206.5M205.2M196.9M196.4M176.1M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.0000057%
of the whole company
Your share of last year’s profit
$10.9
Your share of its debt
$0
Your share of free cash flow
$11.09
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
$90.06
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth20.0%
  • fcfBase$254.3M
DCF · Growth Exit 5Y
$49.66
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth20.0%
  • fcfBase$254.3M
Earnings Power Value
$11.49
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$192M
  • growthAssumed0.0%
Graham Number
$15.35
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

iv. The price question — last, on purpose
What does today’s price assume?
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years20.0%
Discount rate (WACC)8.78%
Terminal growth2.5%
At your growth, a share is worth $49.66

Default growth 20.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 10-K · period ending 2022-01-29 · accession 0000950170-24-032294 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2023-01-28 · accession 0000950170-25-042746 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2024-02-03 · accession 0001193125-26-132097 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2022-01-29 · accession 0000950170-24-032294 (NetIncomeLoss)
  5. 10-K · period ending 2023-01-28 · accession 0000950170-25-042746 (NetIncomeLoss)
  6. 10-K · period ending 2024-02-03 · accession 0001193125-26-132097 (NetIncomeLoss)
  7. 10-K · period ending 2022-01-29 · accession 0000950170-24-032294 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2023-01-28 · accession 0000950170-25-042746 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2024-02-03 · accession 0001193125-26-132097 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-01-29 · accession 0000950170-24-032294 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2023-01-28 · accession 0000950170-25-042746 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 10-K · period ending 2024-02-03 · accession 0001193125-26-132097 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2022-01-29 · accession 0000950170-23-007604 (LongTermDebtNoncurrent)
  14. 10-K · period ending 2023-01-28 · accession 0000950170-24-032294 (LongTermDebtNoncurrent)
  15. 10-K · period ending 2024-02-03 · accession 0001193125-26-132097 (LongTermDebt)
  16. 10-K · period ending 2022-01-29 · accession 0000950170-23-007604 (CashAndCashEquivalentsAtCarryingValue)
  17. 10-K · period ending 2023-01-28 · accession 0000950170-24-032294 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2024-02-03 · accession 0000950170-25-042746 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2025-02-01 · accession 0001193125-26-132097 (CashAndCashEquivalentsAtCarryingValue)