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DICK'S Sporting Goods, Inc (DKS) Fair Value & Analysis

Consumer Cyclical · US · Market cap $18.7B

DS DICK'S Sporting Goods, Inc logo DICK'S Sporting Goods, Inc DKS · US
Price$198.62
Fair Value$181.10
Upside-8.8%
Quality45/100
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Healthy Growth
Thin margins · 4.7% net margin
Low debt · generates free cash flow
2.31% dividend yield
Trails peers (5/15)
Moderate moat 53/100
Evidence: High Range $104.54 – $245.14 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 22 days ago

Share price −11.0% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range ($104.54 to $245.14) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$241.35 $64.42 Fair Value $181.10 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range $64.42 – $241.35 · fair‑value band $104.54 – $245.14 · the $198.62 price screens above the $181.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

DICK'S Sporting Goods, Inc (DKS) currently trades at $198.62, while our model-based Fair Value estimate is $181.10, implying the stock looks roughly 8.8% fairly valued today. We read business quality at 45/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, DICK'S Sporting Goods, Inc generated revenue of $19.2B at a net margin of 4.7%. Revenue grew 62.7% year over year. It earns a return on equity of 20.9%. Net debt stands at $6.4B. Fundamentals as of Jul 16, 2026

Our scenario range runs from $104.54 (bear case) to $245.14 (bull case); at $198.62, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -26% fair-value upside, at -9%, DKS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $63.38 $110.92 $188.86 80
Residual Income $66.24 $84.75 $206.25 76
Rev-Margin DCF $109.41 $202.41 $317.67 74
All 26 models by family
DCF Models
FCF DCF $63.29 $113.41 $196.79 38
Owner Earnings $22.59 $43.48 $78.23 31
5Y Revenue Exit $109.41 $205.52 $335.41 39
5Y EBITDA Exit $143.56 $273.62 $434.86 41
5Y P/E Exit $107.84 $202.38 $308.20 38
10Y Revenue Exit $88.16 $173.63 $302.49 36
10Y EBITDA Exit $115.17 $222.60 $383.13 37
10Y P/E Exit $91.80 $171.36 $280.43 35
Earnings-Based
Graham-Dodd $67.82 $278.73 $379.66 54
Lynch FV $70.10 $100.14 $130.18 50
PEG = 1.0 $70.10 $100.14 $130.18 46
EPV $109.44 $128.76 $145.67 59
Dividend Discount
Gordon GGM $44.63 $92.79 $147.21 70
DDM Multi-Stage $44.63 $78.25 $97.39 61
Multiples
P/E Multiple $149.61 $199.48 $249.35 63
P/S Multiple $127.17 $169.56 $211.95 58
P/B Multiple $127.17 $169.56 $211.95 55
EV/EBIT $204.25 $274.50 $344.74 53
EV/EBITDA $201.67 $271.05 $340.44 54
EV/Revenue $135.57 $196.45 $257.33 43
Asset-Based
NCAV (Graham) $32.53 $43.60 $65.07 50
Growth DCF
Growth DCF $63.38 $110.92 $188.86 80
Rev-Margin DCF $109.41 $202.41 $317.67 74
Economic Profit
Residual Income $66.24 $84.75 $206.25 76
ROIC Compounder $122.27 $165.41 $221.77 72
Growth Earnings
Growth-Adj P/E $117.54 $167.92 $218.29 68

Widest divergence: Multiples ($196.45) versus Asset-Based ($43.60). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $19.2B
Revenue growth (YoY) +62.7%
Net margin 4.7%
Return on equity 20.9%
Free cash flow $482M FY2026
P/E ratio 20.3
More key figures
Operating margin 10.6%
EPS (TTM) $10.28
Dividend yield 2.3%
EPS growth (YoY) +9.3%
Net debt $6.4B FY2026

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 50 · Market factors (momentum, volatility) 40

Profitability 52
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 25
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 77
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel.

Full company description

DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel. The company also offers footwear and accessories, such as athletic shoes for running, walking, tennis, fitness and cross training, basketball, and hiking; and specialty footwear comprising casual footwear and a complete line of cleats for team sports. In addition, it owns and operates Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, and Going Going Gone! specialty concept stores; and DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for live streaming, scheduling, communications, and scorekeeping. Further, the company owns and operates Foot Locker, which includes Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos banners. It offers its products online, as well as through its mobile apps. The company was formerly known as Dick'S Clothing and Sporting Goods, Inc. and changed its name to DICK'S Sporting Goods, Inc. in April 1999. DICK'S Sporting Goods, Inc. was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

DICK'S Sporting Goods, Inc reported revenue of $17.2B in FY2026 versus $12.3B in FY2022, a compound +8.8%/yr. Reported net income was $849M in FY2026, compounding −13.5%/yr from FY2022.

Growth Quality 87/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
$17.2B
Latest YoY
+28.1%
Avg. growth/yr (3Y)
+11.7%
Avg. growth/yr (5Y)
+12.4%
Avg. growth/yr (27Y)
+13.0%
Revenue +8.8%/yr
FY22 $12.3B
FY23 $12.4B
FY24 $13.0B
FY25 $13.4B
FY26 $17.2B
Net income −13.5%/yr
FY22 $1.5B
FY23 $1.0B
FY24 $1.0B
FY25 $1.2B
FY26 $849M

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Cite: Fair Value Calculator (2026). "DICK'S Sporting Goods, Inc Fair Value". https://www.fairvalue-calculator.com/stock/DKS

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Specialty Retail · 221 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Below median
Fair Value upside −9% · Below median
Return on equity (TTM) 21% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 11% · Top 25%
Revenue growth 63% · Top 25%
Dividend yield (TTM) 2.3% · Below median
Debt / equity 0.34× · Higher than median

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/E (TTM) 20.3× · Pricier than median
P/B 3.37× · Pricier than 75% of peers
P/S (TTM) 0.97× · Pricier than 75% of peers
P/FCF 38.8× · Pricier than 75% of peers
EV/EBITDA 8.7× · Pricier than median
PEG 1.46× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 22 · sector 33
FUTURE 100 · sector 24
PAST 84 · sector 27
HEALTH 83 · sector 94
DIVIDEND 46 · sector 51

Insider activity: 44/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Casey's General Stores, Inc CASY $827.04 $405.44 -51%
Williams-Sonoma, Inc WSM $222.84 $164.16 -26%
Ulta Beauty, Inc ULTA $479.57 $488.39 +2%
Best Buy Co BBY $83.98 $109.12 +30%
China Tourism Group 601888 ¥52.90 ¥40.40 -24%
Tractor Supply Company TSCO $31.01 $35.52 +15%
Murphy USA Inc MUSA $618.57 $423.35 -32%
Five Below, Inc FIVE $197.71 $117.29 -41%
Taiwan Mobile Co 3045 110.50 TWD 80.98 TWD -27%
GameStop Corp GME $21.68 $15.31 -29%

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Frequently asked questions

Is DICK'S Sporting Goods, Inc (DKS) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of $181.10 versus a price of $198.62, about −9% (fairly valued).
What is the fair value of DKS?
Our model-based fair value for DICK'S Sporting Goods, Inc is $181.10 (as of Jul 16, 2026), built from audited fundamentals. The current price is $198.62.
What is the quality score of DKS?
DICK'S Sporting Goods, Inc has a Quality Score of 45/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of DICK'S Sporting Goods, Inc (DKS)?
DICK'S Sporting Goods, Inc reported trailing-twelve-month revenue of about $19.2B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of DKS?
The net profit margin of DICK'S Sporting Goods, Inc is about 4.7%, meaning it keeps roughly 4.7% of revenue as net income. Based on the latest reported figures.
Does DICK'S Sporting Goods, Inc pay a dividend?
DICK'S Sporting Goods, Inc currently shows a dividend yield of about 2.18% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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