TOTAL REV $115.91M
TOTAL EXP $109.92M
NET $5.99M

Investment Profile · FY 2019

Florida State University

Tallahassee, Florida · NCAA Division I-FBS · Public, 4-year or above · Enrollment 29,768

ZIP 323061037 · IPEDS unitid 134097

Revenue Percentile (Division)
92th

Key Financial Metrics · 2019

Total Revenue
$115.91M

Total Expenses
$109.92M

Net Result
$5.99M

Unique Athletes
300

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 81.6%Women’s programs 18.4%

$94.58M
$21.33M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 837 (2.9%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$71.1M

Basketball

$19.1M

Baseball

$4.86M

All Track Combined

$4.51M

Softball

$3.46M

Swimming

$3.13M

Soccer

$2.79M

Golf

$2.31M

Tennis

$2.17M

Volleyball

$1.62M

Expense by sport

Football

$67.75M

Basketball

$16.54M

Baseball

$4.86M

All Track Combined

$4.51M

Softball

$3.46M

Swimming

$3.13M

Soccer

$2.79M

Golf

$2.31M

Tennis

$2.17M

Volleyball

$1.62M

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 114 0 $71.1M $67.75M $3.35M
Basketball 2 19 15 $19.1M $16.54M $2.56M
Baseball 1 38 0 $4.86M $4.86M $0
All Track Combined 3 108 186 $4.51M $4.51M $0
Softball 16 0 25 $3.46M $3.46M $0
Swimming 19 39 37 $3.13M $3.13M $0
Soccer 15 0 22 $2.79M $2.79M $0
Golf 8 12 9 $2.31M $2.31M $0
Tennis 22 10 9 $2.17M $2.17M $0
Volleyball 26 0 18 $1.62M $1.62M $0
Beach Volleyball 32 0 24 $874K $789.3K $84.7K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$386.4K

Athletes Tracked
300

Top Sport Share
Football · 61.3%

Program Count
11

Unique men
114

Unique women
186

Per-sport slots
685

Multi-sport coeff
2.28x

Coed men

Coed women

The program has 300 unique athletes filling 685 sport roster slots — a 2.28x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
29,768
Revenue Tier
Top-tier (92th pct.)
Peers in Division
127 schools
Peers in Florida
66 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
University of Washington-Seattle Campus WA $116.37M $35.74M $460.5K
University of Nebraska-Lincoln NE $116.52M $43.76M $608.8K
The University of Tennessee-Knoxville TN $114.04M $36.54M $-1.88M
Auburn University AL $113.02M $23.18M $-2.9M
University of Notre Dame IN $109.76M $8.13M $-6.15M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $3.9K Athletic revenue per enrolled student
Expense Ratio 94.8% Expenses as % of revenue
Top Sport Share 61.3% Revenue concentration in top program
Division Percentile 92th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.