Johnson Outdoors IncJohnson Outdoors Inc
Johnson Outdoors Inc

Johnson Outdoors Inc

JOUT
Consumer Discretionary·Leisure Products

Johnson Outdoors, Inc. engages in the manufacturing and marketing of seasonal, outdoor recreation products. It operates through the following segments: Fishing, Camping, Watercraft Recreation, Diving, and Other. The Fishing segment includes the brands Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers, and shallow water anchors, Humminbird sonar and GPS equipment for fishfinding, navigation and marine cartography, and Cannon downriggers for controlled-depth fishing. The Camping segment consists of Eureka! Consumer, commercial and military tents and accessories, sleeping bags, camping furniture and stoves and other recreational camping products, and Jetboil portable outdoor cooking systems. The Watercraft Recreation segment designs and markets canoes and kayaks, including pedal-driven and Minn Kota motor-driven kayaks, under the Ocean Kayaks and Old Town brand names for family recreation, touring, angling, and tripping. The Diving segment sells and distributes the SCUBAPRO brand. The company was founded by Samuel Curtis Johnson II in 1987 and is headquartered in Racine, WI.

Wisconsin; U.S.A
Market cap
No dataNo data
Revenue
$592.4M−0.1% YoY
Net income
$-34.3M−29.3% YoY
Free cash flow
$40.2M+112.1% YoY

Market

Listed stock
JOUTPriceNasdaq
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Financial performance

Revenue
$592.4M−0.1% YoY
Operating income
$-16.2M+62.8% YoY
Net income
$-34.3M−29.3% YoY
Free cash flow
$40.2M+112.1% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $751.7M, 2022 $743.4M, 2023 $663.8M, 2024 $592.8M, 2025 $592.4M. Operating income: 2021 $111.3M, 2022 $66.3M, 2023 $11.7M, 2024 $-43.5M, 2025 $-16.2M. Net income: 2021 $83.4M, 2022 $44.5M, 2023 $19.5M, 2024 $-26.5M, 2025 $-34.3M. Free cash flow: 2021 $36.9M, 2022 $-93.8M, 2023 $19M, 2024 $19M, 2025 $40.2M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
-0.1%+1062 bps YoY
Gross margin
No dataNo data
Operating margin
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FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-10-01 $111.3M, 2022-09-30 $66.3M, 2023-09-29 $11.7M, 2024-09-27 $-43.5M, 2025-10-03 $-16.2M. Net income: 2021-10-01 $83.4M, 2022-09-30 $44.5M, 2023-09-29 $19.5M, 2024-09-27 $-26.5M, 2025-10-03 $-34.3M. Free cash flow: 2021-10-01 $36.9M, 2022-09-30 $-93.8M, 2023-09-29 $19M, 2024-09-27 $19M, 2025-10-03 $40.2M

Growth heatmap

2022202320242025CAGR
Revenue
-1.1%
-10.7%
-10.7%
-0.1%
-5.8%
Gross profit
-18.8%
-10.0%
-17.7%
+3.5%
-11.1%
Operating income
-40.4%
-82.3%
-470.7%
+62.8%
No data
Free cash flow
-354.2%
+120.3%
-0.4%
+112.1%
+2.2%

Earnings quality

Operating cash flow
$56.2M+37.1% YoY
Net income
$-34.3M−29.3% YoY
Free cash flow
$40.2M+112.1% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-10-03 -164%, 2024-09-27 -154%, 2023-09-29 214%, 2022-09-30 -140%, 2021-10-01 70%. Free cash flow: 2025-10-03 -117%, 2024-09-27 -71%, 2023-09-29 97%, 2022-09-30 -211%, 2021-10-01 44%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
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FCF / share
Latest
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Diluted shares
Latest
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Financial flexibility

Cash & equivalents
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Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
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Return on assets
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Return on invested capital
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Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
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EV / EBITDA
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Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
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EV / EBITDA
No data
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Free cash flow yield
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