American Eagle Outfitters, Inc.

AEONYSEConsumer Cyclical● Active

$17.40

+$0.96(+5.84%)

Market Cap$2.9B

P/E Ratio—

52W High$28.46

52W Low$9.27

Avg Volume5.7M

Open$16.49

Beta1.31

Free Cash Flow Financials Revenue

American Eagle Outfitters, Inc. (AEO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AEO · free cash flow · updated Jun 8, 2026

Core FCF metrics

AEO · FCF · TTM · margin & CAGR

Free cash flow was $456.2M for FY2026 (fiscal year ending 2026-01-31), up 79.4% year-over-year The FCF margin was 8.3%. Five-year CAGR stands at +43.7%.

FY2026 Free Cash Flow$456.2M▲ +79.4% YoY

Trailing 12M (TTM)$14.9Mtrailing 4 quarters sum

FCF Margin8.3%$456.2M ÷ revenue

3-Year CAGR+46.2%FY2023 → FY2026

5-Year CAGR+43.7%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AEO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$456.2M(0M)$456.2M▲ +79.4%8.3%

FY2025$476.8M(223M)$254.3M▼ 37.4%4.8%

FY2024$580.7M(174M)$406.3M▲ +178.4%7.7%

FY2023$406.3M(260M)$145.9M▲ +109.0%2.9%

FY2022$303.7M(234M)$69.8M▼ 6.3%1.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AEO · P/FCF · FCF yield · FCF per share

American Eagle Outfitters, Inc. (AEO) trades at a FCF yield of 0.54% and a price-to-free-cash-flow ratio of 193.3x. FCF per share stands at $0.09, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.54%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.09

TTM FCF ÷ Shares Outstanding

Price / FCF

x193.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x303.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31

Cash flow statement summary

AEO · cash flow statement · operating / investing / financing

For FY2026, American Eagle Outfitters, Inc. generated $456.2M in operating cash flow and spent 0M in capital expenditures, yielding $456.2M in free cash flow.

Operating Activities

+$456.2M

Cash from core business operations

2026-01-31

Investing Activities

−$202.7M

CapEx, acquisitions & investments

2026-01-31

Financing Activities

−$326.9M

Buybacks, dividends & debt

2026-01-31

FCF FormulaOperating CF ($456.2M) − |CapEx| (0M) = FCF ($456.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

AEO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

American Eagle Outfitters, Inc.YOU

AEO

$456.2M+79.4%8.3%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

American Eagle Outfitters, Inc. (AEO) reported free cash flow of $456.2M for FY2026 (fiscal year ending 2026-01-31), up 79.4% year-over-year. The FCF margin was 8.3%.

Based on available data, American Eagle Outfitters, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $456.2M in FY2026. The 5-year CAGR stands at +43.7%.

American Eagle Outfitters, Inc.'s FCF yield is 0.54% and price-to-FCF ratio is 193.3x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AEO free cash flow · 8 questions

American Eagle Outfitters, Inc. free cash flow was $456.2M for FY2026, up 79.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $14.9M.

AEO free cash flowAEO FCFAEO FCF 2026AEO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · American Eagle Outfitters, Inc. · American Eagle Outfitters, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026