TOTAL REV $19.18M
TOTAL EXP $17.57M
NET $1.6M

Investment Profile · FY 2019

Troy University

Troy, Alabama · NCAA Division I-FBS · Public, 4-year or above · Enrollment 8,687

ZIP 360820001 · IPEDS unitid 102368

Revenue Percentile (Division)
9th

Key Financial Metrics · 2019

Total Revenue
$19.18M

Total Expenses
$17.57M

Net Result
$1.6M

Unique Athletes
214

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 64%Women’s programs 36%

$12.27M
$6.91M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 270 (-3%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$7.43M

Basketball

$4.83M

All Track Combined

$2.25M

Volleyball

$1.1M

Softball

$861.9K

Baseball

$852.6K

Soccer

$681.9K

Tennis

$621.5K

Golf

$547.2K

Expense by sport

Football

$8.13M

Basketball

$3.89M

All Track Combined

$1.29M

Volleyball

$614.2K

Softball

$861.9K

Baseball

$943K

Soccer

$681.9K

Tennis

$621.5K

Golf

$547.2K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 125 0 $7.43M $8.13M $-698K
Basketball 2 15 14 $4.83M $3.89M $947.4K
All Track Combined 3 68 89 $2.25M $1.29M $963.9K
Volleyball 26 0 18 $1.1M $614.2K $482K
Softball 16 0 21 $861.9K $861.9K $0
Baseball 1 39 0 $852.6K $943K $-90.4K
Soccer 15 0 33 $681.9K $681.9K $0
Tennis 22 11 8 $621.5K $621.5K $0
Golf 8 12 9 $547.2K $547.2K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$89.6K

Athletes Tracked
214

Top Sport Share
Football · 38.8%

Program Count
9

Unique men
125

Unique women
89

Per-sport slots
462

Multi-sport coeff
2.16x

Coed men

Coed women

The program has 214 unique athletes filling 462 sport roster slots — a 2.16x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
8,687
Revenue Tier
Lower-tier (9th pct.)
Peers in Division
127 schools
Peers in Alabama
44 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Ball State University IN $19.2M $0 $19K
Bowling Green State University-Main Campus OH $19.32M $-10K $137.7K
University of South Alabama AL $19.39M $0 $215.7K
University at Buffalo NY $19.67M $0 $489.5K
Eastern Michigan University MI $19.68M $0 $499.6K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $2.2K Athletic revenue per enrolled student
Expense Ratio 91.6% Expenses as % of revenue
Top Sport Share 38.8% Revenue concentration in top program
Division Percentile 9th 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.