vs
Side-by-side financial comparison of Acadia Healthcare Company, Inc. (ACHC) and Academy Sports & Outdoors, Inc. (ASO). Click either name above to swap in a different company.
Academy Sports & Outdoors, Inc. is the larger business by last-quarter revenue ($1.4B vs $821.5M, roughly 1.7× Acadia Healthcare Company, Inc.). Academy Sports & Outdoors, Inc. runs the higher net margin — 5.2% vs -143.3%, a 148.5% gap on every dollar of revenue. On growth, Acadia Healthcare Company, Inc. posted the faster year-over-year revenue change (6.1% vs 3.0%). Academy Sports & Outdoors, Inc. produced more free cash flow last quarter ($-13.6M vs $-179.5M). Over the past eight quarters, Acadia Healthcare Company, Inc.'s revenue compounded faster (3.4% CAGR vs -12.2%).
Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico.
Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts. In October 2020, it was listed on NASDAQ.
ACHC vs ASO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $821.5M | $1.4B |
| Net Profit | $-1.2B | $71.6M |
| Gross Margin | — | 35.7% |
| Operating Margin | -142.4% | 7.3% |
| Net Margin | -143.3% | 5.2% |
| Revenue YoY | 6.1% | 3.0% |
| Net Profit YoY | -3710.4% | 8.8% |
| EPS (diluted) | $-12.98 | $1.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $821.5M | $1.4B | ||
| Q3 25 | $851.6M | $1.6B | ||
| Q2 25 | $869.2M | $1.4B | ||
| Q1 25 | $770.5M | $1.7B | ||
| Q4 24 | $774.2M | $1.3B | ||
| Q3 24 | $815.6M | $1.5B | ||
| Q2 24 | $796.0M | $1.4B | ||
| Q1 24 | $768.1M | $1.8B |
| Q4 25 | $-1.2B | $71.6M | ||
| Q3 25 | $36.2M | $125.4M | ||
| Q2 25 | $30.1M | $46.1M | ||
| Q1 25 | $8.4M | $133.6M | ||
| Q4 24 | $32.6M | $65.8M | ||
| Q3 24 | $68.1M | $142.6M | ||
| Q2 24 | $78.5M | $76.5M | ||
| Q1 24 | $76.4M | $168.2M |
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 33.3% |
| Q4 25 | -142.4% | 7.3% | ||
| Q3 25 | 4.7% | 10.8% | ||
| Q2 25 | 5.8% | 5.1% | ||
| Q1 25 | 1.7% | 9.2% | ||
| Q4 24 | 4.9% | 6.8% | ||
| Q3 24 | 12.1% | 12.3% | ||
| Q2 24 | 13.4% | 7.5% | ||
| Q1 24 | 12.9% | 11.4% |
| Q4 25 | -143.3% | 5.2% | ||
| Q3 25 | 4.3% | 7.8% | ||
| Q2 25 | 3.5% | 3.4% | ||
| Q1 25 | 1.1% | 8.0% | ||
| Q4 24 | 4.2% | 4.9% | ||
| Q3 24 | 8.4% | 9.2% | ||
| Q2 24 | 9.9% | 5.6% | ||
| Q1 24 | 9.9% | 9.4% |
| Q4 25 | $-12.98 | $1.05 | ||
| Q3 25 | $0.40 | $1.85 | ||
| Q2 25 | $0.33 | $0.68 | ||
| Q1 25 | $0.09 | $1.85 | ||
| Q4 24 | $0.36 | $0.92 | ||
| Q3 24 | $0.74 | $1.95 | ||
| Q2 24 | $0.85 | $1.01 | ||
| Q1 24 | $0.83 | $2.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $133.2M | $289.5M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $1.9B | $2.1B |
| Total Assets | $5.5B | $5.4B |
| Debt / EquityLower = less leverage | 1.28× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $133.2M | $289.5M | ||
| Q3 25 | $118.7M | $300.9M | ||
| Q2 25 | $131.4M | $285.1M | ||
| Q1 25 | $91.2M | $288.9M | ||
| Q4 24 | $76.3M | $296.0M | ||
| Q3 24 | $82.1M | $324.6M | ||
| Q2 24 | $77.2M | $378.1M | ||
| Q1 24 | $77.3M | $347.9M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.9B | — |
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $3.1B | $2.1B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $3.0B | $2.0B | ||
| Q4 24 | $3.1B | $2.0B | ||
| Q3 24 | $3.0B | $2.0B | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $2.9B | $2.0B |
| Q4 25 | $5.5B | $5.4B | ||
| Q3 25 | $6.4B | $5.3B | ||
| Q2 25 | $6.3B | $5.2B | ||
| Q1 25 | $6.1B | $4.9B | ||
| Q4 24 | $6.0B | $5.1B | ||
| Q3 24 | $5.9B | $4.9B | ||
| Q2 24 | $5.7B | $4.9B | ||
| Q1 24 | $5.5B | $4.7B |
| Q4 25 | 1.28× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-86.3M | $49.0M |
| Free Cash FlowOCF − Capex | $-179.5M | $-13.6M |
| FCF MarginFCF / Revenue | -21.8% | -1.0% |
| Capex IntensityCapex / Revenue | 11.3% | 4.5% |
| Cash ConversionOCF / Net Profit | — | 0.68× |
| TTM Free Cash FlowTrailing 4 quarters | $-439.9M | $191.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-86.3M | $49.0M | ||
| Q3 25 | $73.2M | $78.6M | ||
| Q2 25 | $133.5M | $157.5M | ||
| Q1 25 | $11.5M | $140.2M | ||
| Q4 24 | $116.7M | $96.9M | ||
| Q3 24 | $163.1M | $91.3M | ||
| Q2 24 | $171.1M | $199.7M | ||
| Q1 24 | $-321.3M | $234.7M |
| Q4 25 | $-179.5M | $-13.6M | ||
| Q3 25 | $-63.0M | $21.8M | ||
| Q2 25 | $-34.2M | $106.6M | ||
| Q1 25 | $-163.2M | $76.4M | ||
| Q4 24 | $-86.8M | $34.4M | ||
| Q3 24 | $-27.1M | $50.1M | ||
| Q2 24 | $16.9M | $167.4M | ||
| Q1 24 | $-463.7M | $178.9M |
| Q4 25 | -21.8% | -1.0% | ||
| Q3 25 | -7.4% | 1.4% | ||
| Q2 25 | -3.9% | 7.9% | ||
| Q1 25 | -21.2% | 4.6% | ||
| Q4 24 | -11.2% | 2.6% | ||
| Q3 24 | -3.3% | 3.2% | ||
| Q2 24 | 2.1% | 12.3% | ||
| Q1 24 | -60.4% | 10.0% |
| Q4 25 | 11.3% | 4.5% | ||
| Q3 25 | 16.0% | 3.5% | ||
| Q2 25 | 19.3% | 3.8% | ||
| Q1 25 | 22.7% | 3.8% | ||
| Q4 24 | 26.3% | 4.6% | ||
| Q3 24 | 23.3% | 2.7% | ||
| Q2 24 | 19.4% | 2.4% | ||
| Q1 24 | 18.5% | 3.1% |
| Q4 25 | — | 0.68× | ||
| Q3 25 | 2.02× | 0.63× | ||
| Q2 25 | 4.43× | 3.42× | ||
| Q1 25 | 1.37× | 1.05× | ||
| Q4 24 | 3.58× | 1.47× | ||
| Q3 24 | 2.39× | 0.64× | ||
| Q2 24 | 2.18× | 2.61× | ||
| Q1 24 | -4.21× | 1.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACHC
| Acute Inpatient Psychiatric Facilities | $451.2M | 55% |
| Comprehensive Treatment Centers | $144.2M | 18% |
| Medicare | $113.7M | 14% |
| Residential Treatment Centers | $89.7M | 11% |
| Self Payor | $16.1M | 2% |
| Other Payor | $10.7M | 1% |
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
