Specialty apparel retailer operating the Abercrombie & Fitch and Hollister brands for young-adult and teen consumers.
Specialty apparel retailer operating the Abercrombie & Fitch and Hollister brands for young-adult and teen consumers.
Sells almost entirely to shoppers directly through its own stores and websites, so profit depends on traffic, markdown levels and mall rents; digital sales are a large and growing share. A turnaround that shifted the Abercrombie brand toward older young adults, away from teen logos, widened its customer base.
Moat: narrow (brand, distribution). Successfully repositioned both brands for current trends, though teen apparel remains fashion-cycle sensitive.
Headquarters: New Albany, Ohio, US · Founded: 1892 · Employees: 43,200
Size Abercrombie & Fitch (ANF) is a United States Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $6.35B, the 1021st largest of 3,117 United States companies the cockpit tracks. Shares closed at $149.54 on 6 Nov 2026.
Performance Over six months the shares gained 57.0%, against +12.9% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 4.7% over the last twelve months (peer median +10.6%); the operating margin is 13.9% (peer median 9.2%).
Valuation It trades at 12.1× forward earnings against a peer median of 17.4× (6th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 19.7 points above its cost of capital (9.1% WACC).
Short interest Short interest is 10.8% of the free float (15 Oct 2026).
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.34B | $5.27B | $4.95B | $4.28B | $3.70B |
| Revenue growth | — | +6% | +16% | +16% | — |
| Gross profit | $3.24B | $3.09B | $3.02B | $2.55B | $1.96B |
| EBITDA | $907M | $837M | $886M | $622M | $222M |
| Net income | $536M | $507M | $566M | $328M | $2.82M |
| Free cash flow | $566M | $378M | $524M | $495M | -$167M |
| Capital expenditure | $253M | $241M | $183M | $158M | $165M |
| Total debt | $1.29B | $1.17B | $952M | $1.05B | $1.22B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Abercrombie & Fitch ANF | $6.35B | +57% | +5% | 14% | 12.1× | -2.7% |
| American Eagle Outfitters AEO | $3.34B | +19% | +8% | 9% | 11.1× | 0.9% |
| Gap GAP | $7.55B | -8% | +1% | 11% | 8.4× | -2.3% |
| Urban Outfitters URBN | $7.26B | +18% | +11% | 10% | 13.1× | 6.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ANF | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.8% | +7.5% | 9th lowest of 21 |
| 6-month return | +57.0% | +12.9% | 3rd highest of 21 |
| Distance from 52-week high | -13.1% | -11.3% | 10th lowest of 21 |
| Revenue growth (TTM) | +4.7% | +10.6% | 5th lowest of 21 |
| Operating margin | 13.9% | 9.2% | 5th highest of 21 |
| Forward P/E | 12.1× | 17.4× | 6th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -2.7% | 17.5% | 3rd least demanding of 20 |
| Growth delivered (Del g) | +11.0% | +15.5% | 7th lowest of 20 |
| Hurdle (Req g minus delivered) | -13.7 pp | -2.7 pp | 3rd least demanding of 20 |
| ROIC minus cost of capital | +19.7 pp | +1.5 pp | 2nd highest of 21 |
| EV / EBITDA | 7.7× | 11.0× | 6th cheapest of 19 |
| Net debt / EBITDA | 0.7× | 1.3× | 8th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Abercrombie & Fitch ANF | United States | $6.35B | +57% | +5% | 14% | 12.1× | -2.7% | +11.0% |
| JD Sports Fashion JD..L | United Kingdom | $6.03B | +37% | +2% | 7% | 9.0× | 1.4% | +15.5% |
| Urban Outfitters URBN | United States | $7.26B | +18% | +11% | 10% | 13.1× | 6.9% | +12.3% |
| Gap GAP | United States | $7.55B | -8% | +1% | 11% | 8.4× | -2.3% | +2.2% |
| SHIMAMURA 8227.T | Japan | $4.69B | +2% | +5% | 9% | 14.3× | -9.9% | +5.2% |
| Victoria's Secret & VSXY | United States | $8.62B | +125% | +10% | 8% | 21.4× | 20.0% | +3.9% |
| Vishal Mega Mart VMM.NS | India | $4.67B | -25% | +18% | 9% | 43.8× | 32.3% | +19.4% |
| Boot Barn BOOT | United States | $3.92B | -20% | +17% | 14% | 14.6× | 14.3% | +20.3% |
| Meesho MEESHO.NS | India | $11.4B | +17% | +34% | -9% | n/a | n/a | n/a |
| American Eagle Outfitters AEO | United States | $3.34B | +19% | +8% | 9% | 11.1× | 0.9% | +8.1% |
| Aritzia ATZ.TO | Canada | $12.5B | +9% | +40% | 16% | 27.1× | 22.0% | +34.0% |
| Lpp LPP.WA | Poland | $13.0B | +36% | +15% | 13% | 17.4× | 17.5% | +24.1% |
| Burlington Stores BURL | United States | $15.5B | -19% | +11% | 8% | 20.5× | 18.2% | +14.9% |
| Allegro.eu ALE.WA | Poland | $15.5B | +97% | +8% | 20% | 30.8× | 22.1% | +23.4% |
| Sailvan Times 301381.SZ | China | $2.39B | +25% | +14% | 4% | 25.4× | 14.9% | +17.6% |
| Metro Brands METROBRAND.NS | India | $2.39B | -20% | +16% | 19% | 49.2× | 34.1% | +29.1% |
| Trent TRENT.NS | India | $17.4B | +8% | +18% | 12% | 75.1× | 60.1% | +50.6% |
| Buckle BKE | United States | $2.16B | -20% | +6% | 22% | 10.3× | -5.2% | +7.6% |
| Capri CPRI | United States | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% | -3.1% |
| Modivo MDV.WA | Poland | $2.01B | +29% | +4% | 2% | 34.1× | 23.3% | +15.9% |
| OVS OVS.MI | Italy | $1.74B | +15% | +10% | 7% | 14.8× | 12.8% | +11.4% |