TOTAL REV $17.7M
TOTAL EXP $17.7M
NET $0

Investment Profile · FY 2019

Texas State University

San Marcos, Texas · NCAA Division I-FBS · Public, 4-year or above · Enrollment 27,923

ZIP 78666 · IPEDS unitid 228459

Revenue Percentile (Division)
7th

Key Financial Metrics · 2019

Total Revenue
$17.7M

Total Expenses
$17.7M

Net Result
$0

Unique Athletes
186

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 70.1%Women’s programs 29.9%

$12.4M
$5.3M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 554 (2%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$8.58M

Basketball

$3.08M

All Track Combined

$1.6M

Baseball

$902.8K

Volleyball

$871.1K

Softball

$768.8K

Soccer

$743.8K

Golf

$721.8K

Tennis

$440.3K

Expense by sport

Football

$8.58M

Basketball

$3.08M

All Track Combined

$1.6M

Baseball

$902.8K

Volleyball

$871.1K

Softball

$768.8K

Soccer

$743.8K

Golf

$721.8K

Tennis

$440.3K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 120 0 $8.58M $8.58M $0
Basketball 2 14 14 $3.08M $3.08M $0
All Track Combined 3 84 66 $1.6M $1.6M $0
Baseball 1 35 0 $902.8K $902.8K $0
Volleyball 26 0 21 $871.1K $871.1K $0
Softball 16 0 23 $768.8K $768.8K $0
Soccer 15 0 31 $743.8K $743.8K $0
Golf 8 10 8 $721.8K $721.8K $0
Tennis 22 0 8 $440.3K $440.3K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$95.2K

Athletes Tracked
186

Top Sport Share
Football · 48.5%

Program Count
9

Unique men
120

Unique women
66

Per-sport slots
434

Multi-sport coeff
2.33x

Coed men

Coed women

The program has 186 unique athletes filling 434 sport roster slots — a 2.33x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
27,923
Revenue Tier
Lower-tier (7th pct.)
Peers in Division
127 schools
Peers in Texas
111 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
University of Akron Main Campus OH $17.88M $0 $172.8K
Northern Illinois University IL $17.22M $0 $-479.7K
Louisiana Tech University LA $18.6M $1.38M $895.2K
Florida International University FL $16.67M $-5.1M $-1.03M
Troy University AL $19.18M $1.6M $1.47M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $634 Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 48.5% Revenue concentration in top program
Division Percentile 7th 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.