DICK'S SPORTING GOODS, INC., DEF 14A filed on 5/1/2026
Proxy Statement (definitive)
v3.26.1
Cover
 12 Months Ended
Jan. 31, 2026
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name DICK’S Sporting Goods, Inc.
Entity Central Index Key 0001089063
v3.26.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
Jan. 28, 2023
Jan. 29, 2022
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
YEAR
(A)
SUMMARY
COMPENSATION
TABLE TOTAL
FOR PEO
(B)($)(1)
COMPENSATION
ACTUALLY PAID
TO PEO
(C)($)(1)(6)
AVERAGE SUMMARY
COMPENSATION
TABLE TOTAL FOR
NON-PEO NAMED
EXECUTIVE
OFFICERS (D)($)(2)
AVERAGE
COMPENSATION
ACTUALLY PAID TO
NON-PEO NAMED
EXECUTIVE
OFFICERS
 (E)($)(2)(6)
VALUE OF INITIAL FIXED
$100 INVESTMENT BASED ON:
NET
INCOME
(H)($mm)
ADJUSTED
NON-GAAP
EARNINGS
BEFORE TAXES
(I)($mm)(5)
TOTAL
SHAREHOLDER
RETURN
(F)($)(3)
PEER GROUP TOTAL
SHAREHOLDER
RETURN
(G)($)(4)
2025
$15,103,545 $9,558,359 $9,440,590 $7,009,579 $350 $180 $849 $1,561 
2024$12,916,771 $36,086,981 $6,127,483 $19,131,329 $640 $211 $1,165 $1,550 
2023$13,575,226 $23,065,140 $6,696,899 $14,707,587 $407 $179 $1,047 $1,433 
2022$8,434,366 $12,575,614 $4,323,685 $8,230,092 $320 $155 $1,043 $1,447 
2021$9,566,004 $32,721,261 $4,122,786 $28,328,226 $281 $161 $1,520 $2,025 
        
Company Selected Measure Name Adjusted Non-GAAP EBT        
Named Executive Officers, Footnote Reflects total compensation as shown in the Summary Compensation Table for Lauren R. Hobart, who served as our President & Chief Executive Officer (PEO) in 2021, 2022, 2023, 2024, and 2025.        
Peer Group Issuers, Footnote Represents the cumulative TSR of the S&P 500 Specialty Retail Index for the relevant measuring period, assuming $100 was invested in the S&P 500 Specialty Retail Index at the beginning of the measurement period and that all dividends were reinvested.        
Adjustment To PEO Compensation, Footnote SEC rules require that certain adjustments, both deductions and additions, be made to the Summary Compensation Table totals to determine “compensation actually paid” (“CAP”) as reported in the Pay versus Performance Table. CAP does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. In general, CAP is required by SEC rules to be calculated as Summary Compensation Table total compensation with the following required adjustments:
YEARSUMMARY
COMPENSATION
TABLE TOTAL
($)
DEDUCTIONS FROM
SUMMARY
COMPENSATION
TABLE TOTAL PAY
($)(1)
ADDITIONS TO
SUMMARY
COMPENSATION
TABLE TOTAL PAY
($)(3)
COMPENSATION
ACTUALLY PAID
($)
Lauren R. Hobart(2),
President & Chief Executive Officer (PEO)
2025
$15,103,545 $(11,000,166)$5,454,980 $9,558,359 
2024$12,916,771 $(7,500,202)$30,670,412 $36,086,981 
2023$13,575,226 $(9,750,307)$19,240,221 $23,065,140 
2022$8,434,366 $(5,000,142)$9,141,390 $12,575,614 
2021$9,566,004 $(5,000,035)$28,155,292 $32,721,261 
Average for other Named Executive Officers indicated above
2025
$9,440,590 $(7,062,710)$4,631,699 $7,009,579 
2024$6,127,483 $(3,456,441)$16,460,287 $19,131,329 
2023$6,696,899 $(4,712,715)$12,723,403 $14,707,587 
2022$4,323,685 $(2,687,610)$6,594,017 $8,230,092 
2021$4,122,786 $(1,680,094)$25,885,534 $28,328,226 
(1)Reflects the grant date fair values as reported under the “Options Awards” and “Stock Awards” columns of the Summary Compensation Table from the applicable year.
(2)Lauren R. Hobart served as President & Chief Executive Officer, and therefore PEO, in 2021, 2022, 2023, 2024, and 2025.
(3)The following table sets forth additional adjustments made during each year represented in the Pay Versus Performance Table to arrive at the referenced CAP for the individuals listed therein.
YEARYEAR END FAIR
VALUE OF
CURRENT YEAR
EQUITY
AWARDS ($)
YEAR OVER
YEAR CHANGE
IN FAIR
VALUE OF
OUTSTANDING
AND
UNVESTED
EQUITY
AWARDS ($)(3)
FAIR VALUE
AS OF
VESTING
DATE OF
EQUITY
AWARDS
GRANTED
AND VESTED
IN THE SAME
YEAR ($)
YEAR OVER
YEAR CHANGE
IN FAIR VALUE
OF EQUITY
AWARDS
GRANTED IN
PRIOR YEAR
THAT VESTED
IN THE YEAR
($)(3)
FAIR VALUE
AT THE END
OF THE
PRIOR YEAR
OF EQUITY
AWARDS
THAT FAILED
TO MEET
VESTING
CONDITIONS
IN THE YEAR
($)
VALUE OF
DIVIDENDS OR
OTHER EARNINGS
PAID ON STOCK
OR OPTION
AWARDS NOT
OTHERWISE
REFLECTED IN
FAIR VALUE OR
TOTAL
COMPENSATION
($)(2)
TOTAL EQUITY
AWARD
ADJUSTMENTS
($)
Lauren R. Hobart(1),
President & Chief Executive Officer (PEO)
2025
$12,266,852 $(3,707,989)— $(3,823,227)— $719,344 $5,454,980 
2024$10,967,587 $10,536,643 — $7,861,691 — $1,304,491 $30,670,412 
2023$10,854,673 $5,471,001 — $2,090,979 — $823,568 $19,240,221 
2022$6,229,451 $3,536,215 — $(1,601,641)— $977,365 $9,141,390 
2021$10,709,359 $16,205,968 — $1,155,803 — $84,162 $28,155,292 
Average for other Named Executive Officers indicated above
2025
$7,875,894 $(1,700,358)— $(1,906,063)— $362,226 $4,631,699 
2024$4,929,823 $5,145,259 — $5,969,595 — $415,610 $16,460,287 
2023$5,227,077 $3,378,662 — $2,813,739 — $1,303,925 $12,723,403 
2022$2,959,021 $4,391,754 — $(1,407,544)— $650,786 $6,594,017 
2021$3,367,199 $20,904,721 — $1,519,563 — $94,051 $25,885,534 
(1)Lauren R. Hobart was named President & Chief Executive Officer and therefore PEO in 2021, 2022, 2023, 2024 and 2025.
(2)Represents dividends paid on equity awards vesting during the period, which were accrued during the vesting period of the award.
(3)Measurement date equity fair values are calculated with assumptions derived on a basis consistent with those used for grant date fair value purposes.
        
Non-PEO NEO Average Total Compensation Amount $ 9,440,590 $ 6,127,483 $ 6,696,899 $ 4,323,685 $ 4,122,786
Non-PEO NEO Average Compensation Actually Paid Amount $ 7,009,579 19,131,329 14,707,587 8,230,092 28,328,226
Adjustment to Non-PEO NEO Compensation Footnote Reflects averaged total compensation for: Navdeep Gupta, Lee J. Belitsky, Edward W. Stack, Donald J. Germano, and Vlad Rak in 2021; and Navdeep Gupta, Edward W. Stack, Raymond A. Sliva, and Vlad Rak in 2022, 2023, 2024, and 2025 as shown in the Summary Compensation Table for each respective year. SEC rules require that certain adjustments, both deductions and additions, be made to the Summary Compensation Table totals to determine “compensation actually paid” (“CAP”) as reported in the Pay versus Performance Table. CAP does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. In general, CAP is required by SEC rules to be calculated as Summary Compensation Table total compensation with the following required adjustments:
YEARSUMMARY
COMPENSATION
TABLE TOTAL
($)
DEDUCTIONS FROM
SUMMARY
COMPENSATION
TABLE TOTAL PAY
($)(1)
ADDITIONS TO
SUMMARY
COMPENSATION
TABLE TOTAL PAY
($)(3)
COMPENSATION
ACTUALLY PAID
($)
Lauren R. Hobart(2),
President & Chief Executive Officer (PEO)
2025
$15,103,545 $(11,000,166)$5,454,980 $9,558,359 
2024$12,916,771 $(7,500,202)$30,670,412 $36,086,981 
2023$13,575,226 $(9,750,307)$19,240,221 $23,065,140 
2022$8,434,366 $(5,000,142)$9,141,390 $12,575,614 
2021$9,566,004 $(5,000,035)$28,155,292 $32,721,261 
Average for other Named Executive Officers indicated above
2025
$9,440,590 $(7,062,710)$4,631,699 $7,009,579 
2024$6,127,483 $(3,456,441)$16,460,287 $19,131,329 
2023$6,696,899 $(4,712,715)$12,723,403 $14,707,587 
2022$4,323,685 $(2,687,610)$6,594,017 $8,230,092 
2021$4,122,786 $(1,680,094)$25,885,534 $28,328,226 
(1)Reflects the grant date fair values as reported under the “Options Awards” and “Stock Awards” columns of the Summary Compensation Table from the applicable year.
(2)Lauren R. Hobart served as President & Chief Executive Officer, and therefore PEO, in 2021, 2022, 2023, 2024, and 2025.
(3)The following table sets forth additional adjustments made during each year represented in the Pay Versus Performance Table to arrive at the referenced CAP for the individuals listed therein.
YEARYEAR END FAIR
VALUE OF
CURRENT YEAR
EQUITY
AWARDS ($)
YEAR OVER
YEAR CHANGE
IN FAIR
VALUE OF
OUTSTANDING
AND
UNVESTED
EQUITY
AWARDS ($)(3)
FAIR VALUE
AS OF
VESTING
DATE OF
EQUITY
AWARDS
GRANTED
AND VESTED
IN THE SAME
YEAR ($)
YEAR OVER
YEAR CHANGE
IN FAIR VALUE
OF EQUITY
AWARDS
GRANTED IN
PRIOR YEAR
THAT VESTED
IN THE YEAR
($)(3)
FAIR VALUE
AT THE END
OF THE
PRIOR YEAR
OF EQUITY
AWARDS
THAT FAILED
TO MEET
VESTING
CONDITIONS
IN THE YEAR
($)
VALUE OF
DIVIDENDS OR
OTHER EARNINGS
PAID ON STOCK
OR OPTION
AWARDS NOT
OTHERWISE
REFLECTED IN
FAIR VALUE OR
TOTAL
COMPENSATION
($)(2)
TOTAL EQUITY
AWARD
ADJUSTMENTS
($)
Lauren R. Hobart(1),
President & Chief Executive Officer (PEO)
2025
$12,266,852 $(3,707,989)— $(3,823,227)— $719,344 $5,454,980 
2024$10,967,587 $10,536,643 — $7,861,691 — $1,304,491 $30,670,412 
2023$10,854,673 $5,471,001 — $2,090,979 — $823,568 $19,240,221 
2022$6,229,451 $3,536,215 — $(1,601,641)— $977,365 $9,141,390 
2021$10,709,359 $16,205,968 — $1,155,803 — $84,162 $28,155,292 
Average for other Named Executive Officers indicated above
2025
$7,875,894 $(1,700,358)— $(1,906,063)— $362,226 $4,631,699 
2024$4,929,823 $5,145,259 — $5,969,595 — $415,610 $16,460,287 
2023$5,227,077 $3,378,662 — $2,813,739 — $1,303,925 $12,723,403 
2022$2,959,021 $4,391,754 — $(1,407,544)— $650,786 $6,594,017 
2021$3,367,199 $20,904,721 — $1,519,563 — $94,051 $25,885,534 
(1)Lauren R. Hobart was named President & Chief Executive Officer and therefore PEO in 2021, 2022, 2023, 2024 and 2025.
(2)Represents dividends paid on equity awards vesting during the period, which were accrued during the vesting period of the award.
(3)Measurement date equity fair values are calculated with assumptions derived on a basis consistent with those used for grant date fair value purposes.
        
Total Shareholder Return Vs Peer Group
COMPENSATION ACTUALLY PAID VERSUS TSR 2021 - 2025
03 DKS_PXY_2026_Exec Comp_CAP vs. TSR_TSR_TSR.jpg
        
Tabular List, Table
The following table lists the measures we believe are most important in linking compensation actually paid to company performance during 2025.
Adjusted Non-GAAP EBT
Adjusted Net Sales
External Merchandise Margin
eCommerce Comp Sales Growth
        
Total Shareholder Return Amount $ 350 640 407 320 281
Peer Group Total Shareholder Return Amount 180 211 179 155 161
Net Income (Loss) $ 849,000,000 $ 1,165,000,000 $ 1,047,000,000 $ 1,043,000,000 $ 1,520,000,000
Company Selected Measure Amount 1,561,000,000 1,550,000,000 1,433,000,000 1,447,000,000 2,025,000,000
PEO Name Lauren R. Hobart Lauren R. Hobart Lauren R. Hobart Lauren R. Hobart  
Additional 402(v) Disclosure Represents the cumulative total shareholder return (“TSR”) of the Company from the end of the 2021, 2022, 2023, 2024, and 2025 fiscal periods, assuming $100 was invested in the Company’s common stock at the beginning of the measurement period and that all dividends were reinvested.        
Measure:: 1          
Pay vs Performance Disclosure          
Compensation Actually Paid vs. Other Measure
COMPENSATION ACTUALLY PAID VERSUS NET INCOME AND ADJUSTED NON-GAAP EBT 2021 - 2025
03 DKS_PXY_2026_Exec Comp_CAP vs. Net income a_TSR_netincome.jpg
        
Name Adjusted Non-GAAP EBT        
Non-GAAP Measure Description The company selected measure, which is the measure we believe represents the most important financial performance not otherwise presented in the table above that we use to link CAP (as defined below) to our NEOs for fiscal 2025 to our Company’s performance, is adjusted consolidated earnings before taxes, referred to as Adjusted Non-GAAP EBT, a Non-GAAP financial measure. See Appendix A for the GAAP to non-GAAP reconciliations and related information.        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Net Sales        
Measure:: 3          
Pay vs Performance Disclosure          
Name External Merchandise Margin        
Measure:: 4          
Pay vs Performance Disclosure          
Name eCommerce Comp Sales Growth        
Lauren R. Hobart [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 15,103,545 $ 12,916,771 $ 13,575,226 $ 8,434,366 $ 9,566,004
PEO Actually Paid Compensation Amount 9,558,359 36,086,981 23,065,140 12,575,614 32,721,261
PEO | Lauren R. Hobart [Member] | Adjustment to Compensation Amount, Deductions Under Options Awards and Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (11,000,166) (7,500,202) (9,750,307) (5,000,142) (5,000,035)
PEO | Lauren R. Hobart [Member] | Equity Award Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,454,980 30,670,412 19,240,221 9,141,390 28,155,292
PEO | Lauren R. Hobart [Member] | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 12,266,852 10,967,587 10,854,673 6,229,451 10,709,359
PEO | Lauren R. Hobart [Member] | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards (3,707,989) 10,536,643 5,471,001 3,536,215 16,205,968
PEO | Lauren R. Hobart [Member] | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 0 0 0 0 0
PEO | Lauren R. Hobart [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards (3,823,227) 7,861,691 2,090,979 (1,601,641) 1,155,803
PEO | Lauren R. Hobart [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 0 0 0 0 0
PEO | Lauren R. Hobart [Member] | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 719,344 1,304,491 823,568 977,365 84,162
Non-PEO NEO | Adjustment to Compensation Amount, Deductions Under Options Awards and Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (7,062,710) (3,456,441) (4,712,715) (2,687,610) (1,680,094)
Non-PEO NEO | Equity Award Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,631,699 16,460,287 12,723,403 6,594,017 25,885,534
Non-PEO NEO | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 7,875,894 4,929,823 5,227,077 2,959,021 3,367,199
Non-PEO NEO | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards (1,700,358) 5,145,259 3,378,662 4,391,754 20,904,721
Non-PEO NEO | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 0 0 0 0 0
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards (1,906,063) 5,969,595 2,813,739 (1,407,544) 1,519,563
Non-PEO NEO | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards 0 0 0 0 0
Non-PEO NEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation Amount, Equity Awards $ 362,226 $ 415,610 $ 1,303,925 $ 650,786 $ 94,051
v3.26.1
Award Timing Disclosure
 12 Months Ended
Jan. 31, 2026
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
We do not currently grant new awards of stock options, stock appreciation rights or similar option-like awards as part of our compensation program. Accordingly, the Company has no policies or practices to disclose under Item 402(x) of Regulation S-K.
Award Timing Method
We do not currently grant new awards of stock options, stock appreciation rights or similar option-like awards as part of our compensation program. Accordingly, the Company has no policies or practices to disclose under Item 402(x) of Regulation S-K.
Award Timing Predetermined false
Award Timing MNPI Considered true
Award Timing, How MNPI Considered Accordingly, the Company has no policies or practices to disclose under Item 402(x) of Regulation S-K.
MNPI Disclosure Timed for Compensation Value false
v3.26.1
Insider Trading Policies and Procedures
 12 Months Ended
Jan. 31, 2026
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true