# Johnson Outdoors Inc. (JOUT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Hotels, Restaurants & Leisure. Price $46.30, market value $485 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Johnson Outdoors Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 6.2%** (5-yr avg 0.5%). Free cash flow equals 6.2% of the market value, above its five-year average of 0.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 39.7%**. Johnson Outdoors Inc. keeps 39.7% of revenue after the direct cost of what it sells.
- **Operating margin: 2.7%**. 2.7% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -5.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -8.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 5.7%**. Return on all capital, debt included, is 5.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.3%**. Each dollar of assets produces -1.3% of profit.

## Growth
- **Revenue growth (1 yr): -0.1%** (3-yr -7.3%/yr, 5-yr -0.1%/yr). Revenue fell 0.1% over the last year, against -0.1% a year compounded over five years: growth is slowing.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Altman Z-score: 3.43**. A Z-score of 3.43 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.85%** ($1.32 per share, trailing). Johnson Outdoors Inc. yields 2.85%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 12.9%/yr** (1-yr 0.0%). The dividend has compounded at 12.9% a year over five years, doubling roughly every 6 years at that pace.

## Price and momentum
- **Total return (1 yr): 16.9%** (YTD 11.4%, 3-mo 4.0%). The shares are up 16.9% over twelve months including dividends.
- **From 52-week high: -13.5%** (29.9% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.75** (volatility 35%). Beta of 0.75 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=JOUT · Page: https://foliofundamentals.com/stocks/jout

Not investment advice.