ANFAbercrombie & Fitch Co.

$151.47
Latest close: a new 52-week highSep 8, 2026what changed →

Is the business good?

How good a business is ANF?

Abercrombie & Fitch Co. earns 81% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

81%

Return on invested capital · cost of capital 9.0% · 72 points above what the capital costs: growth creates value

Operating margin
14%

Operating margin · Apparel Retail median 12% · 12 months to Q2 2026

Cash conversion
1.06×

Cash conversion · 0.64× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−9.3%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY2020−0.65%
FY20219.2%
FY20222.5%
FY202311%
FY202415%
FY202513%
Details
Operating margin12 months to Q2 2026
14%
Net margin12 months to Q2 2026
10%
Free cash flow margin
11%
Revenue, trailing twelve months
$5.34B
Free cash flow, trailing twelve months
$566M
Net income, trailing twelve months
$536M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
81%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.