Reading the tape
NASDAQ: JOUT
Johnson Outdoors Inc.
Consumer Cyclical · Leisure
Market Cap
$525.00M
52w High
$53.54
52w Low
$23.49
P/E
-23.29
Volume
146.08K
Outstanding Shares
10.45M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 106.45%Revenue (TTM): 11.36%FCF (TTM): 131.13%P/FCF: 24th pct
What changed
The stock rose 106.45% over the last year. Revenue grew 11.36% over the trailing twelve months. Operating margin moved from -11.36% to 0.18%. Free cash flow grew 131.13% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 24th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 0.18%. Revenue grew 11.36% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide.
CEOHelen Johnson-Leipold
SectorConsumer Cyclical
IndustryLeisure
Employees1,200
IPO dateOct 9, 1987
Valuation
Forward P/E—
EV/EBITDA26.00
Enterprise value$300.91M
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth30.92%
Gross margin36.36%▲3.61%vs FY2024
Operating margin0.18%▲62.77%vs FY2024
ROE-8.2%▼43.15%vs FY2024
Analyst consensus
RatingBuy
Target price—
3
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 8, 2026
Q2 FY26 · EPS est $0.87 · Revenue est $185.09M
View
Dividends
$1.32/shareQuarterlyDividend Achiever · 13yrSafeJOUT pays a dividend with a 2.63% dividend yield, 13 consecutive years of growth, growing at 10.53% annually, covered 3.0× by free cash flow.
Dividend Yield
2.63%
Annual Div / Share
$1.32
5yr CAGR
+10.53%
Doubles every ~6.9yr
Payout Ratio
—
Safe
Dividend Growth Rate
3yr CAGR
+2.38%
5yr CAGR
+10.53%
10yr CAGR
+15.41%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.32+0.0%
2025$1.32+1.5%
2024$1.30+5.7%
2023$1.23+10.8%
2022$1.11+38.8%
2021$0.80+23.1%
2020$0.65+20.4%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$26/yr
$2/mo
In 5 yrs
$43/yr+65%
$4/mo
In 10 yrs
$72/yr+172%
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$26/yr $2/mo | $43/yr+65% $4/mo | $72/yr+172% $6/mo |
Yield-on-cost grows from 2.63% → 7.16% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
JOUT has raised its dividend for 13 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 3.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 10.53% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.