TOTAL REV $19.99M
TOTAL EXP $19.99M
NET $0
TOTAL EXP $19.99M
NET $0
Investment Profile · FY 2019
Appalachian State University
Boone, North Carolina · NCAA Division I-FBS · Public, 4-year or above · Enrollment 16,557
ZIP 28608 · IPEDS unitid 197869
Revenue Percentile (Division)
17th
17th
Key Financial Metrics · 2019
Total Revenue
$19.99M
Total Expenses
$19.99M
Net Result
$0
Unique Athletes
272
Revenue & Expense Trend (2015–2019)
Revenue
Expenses
Expenses
Gender Investment Allocation
Men’s programs 70.7%Women’s programs 29.3%
$14.13M
$5.86M
$5.86M
Enrollment Trend (2015–2019)
Total
Men
Women
Men
Women
Total enrollment grew by 1,290 (8.4%) from 2015 to 2019.
Sport Program Investment
Revenue by sport
Football
$9.19M
Basketball
$3.64M
Soccer
$1.35M
All Track Combined
$1.19M
Baseball
$823.1K
Volleyball
$744K
Softball
$712.8K
Field Hockey
$640.3K
Tennis
$638.4K
Golf
$527.5K
Expense by sport
Football
$9.19M
Basketball
$3.64M
Soccer
$1.35M
All Track Combined
$1.19M
Baseball
$823.1K
Volleyball
$744K
Softball
$712.8K
Field Hockey
$640.3K
Tennis
$638.4K
Golf
$527.5K
Sport-by-sport profile table
| Sport | Men | Women | Revenue | Expense | Net |
|---|---|---|---|---|---|
| Football 7 | 130 | 0 | $9.19M | $9.19M | $0 |
| Basketball 2 | 15 | 18 | $3.64M | $3.64M | $0 |
| Soccer 15 | 30 | 33 | $1.35M | $1.35M | $0 |
| All Track Combined 3 | 83 | 142 | $1.19M | $1.19M | $0 |
| Baseball 1 | 38 | 0 | $823.1K | $823.1K | $0 |
| Volleyball 26 | 0 | 19 | $744K | $744K | $0 |
| Softball 16 | 0 | 21 | $712.8K | $712.8K | $0 |
| Field Hockey 6 | 0 | 28 | $640.3K | $640.3K | $0 |
| Tennis 22 | 10 | 8 | $638.4K | $638.4K | $0 |
| Golf 8 | 11 | 11 | $527.5K | $527.5K | $0 |
| Wrestling 28 | 32 | 0 | $522K | $522K | $0 |
Participation & Revenue-per-Athlete
Revenue / Unique Athlete
$73.5K
Athletes Tracked
272
Top Sport Share
Football · 46%
Program Count
11
Unique men
130
Unique women
142
Per-sport slots
629
Multi-sport coeff
2.31x
Coed men
—
Coed women
—
The program has 272 unique athletes filling 629 sport roster slots — a 2.31x multi-sport coefficient indicating extensive cross-sport participation.
Division & Classification Context
- Classification
- NCAA Division I-FBS
- Sector
- Public, 4-year or above
- Total Enrollment
- 16,557
- Revenue Tier
- Lower-tier (17th pct.)
- Peers in Division
- 127 schools
- Peers in North Carolina
- 68 schools
Peer Benchmark
| Peer School | State | Revenue | Net | Δ vs. subject |
|---|---|---|---|---|
| Central Michigan University | MI | $20.02M | $0 | $30.6K |
| The University of Texas at San Antonio | TX | $19.95M | $0 | $-39.8K |
| Western Kentucky University | KY | $19.79M | $0 | $-199.3K |
| Elon University | NC | $19.77M | $0 | $-219.4K |
| Eastern Michigan University | MI | $19.68M | $0 | $-308.9K |
Financial Ratios & Investment Lens
| Metric | Value | Definition |
|---|---|---|
| Subsidy Rate | 0.0% | Expense shortfall as % of revenue |
| Revenue / Enrollment | $1.2K | Athletic revenue per enrolled student |
| Expense Ratio | 100.0% | Expenses as % of revenue |
| Top Sport Share | 46.0% | Revenue concentration in top program |
| Division Percentile | 17th | Revenue rank within NCAA Division I-FBS |