TOTAL REV $88.89M
TOTAL EXP $69.37M
NET $19.53M

Investment Profile · FY 2019

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina · NCAA Division I-FBS · Public, 4-year or above · Enrollment 18,516

ZIP 27599 · IPEDS unitid 199120

Revenue Percentile (Division)
78th

Key Financial Metrics · 2019

Total Revenue
$88.89M

Total Expenses
$69.37M

Net Result
$19.53M

Unique Athletes
228

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 90.2%Women’s programs 9.8%

$80.22M
$8.67M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 910 (5.2%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$48.66M

Basketball

$27.16M

Soccer

$1.7M

All Track Combined

$1.66M

Lacrosse

$1.65M

Swimming and Diving

$1.44M

Baseball

$989.9K

Tennis

$893K

Field Hockey

$802.5K

Softball

$749.9K

Expense by sport

Football

$30.54M

Basketball

$13.02M

Soccer

$3.17M

All Track Combined

$3.15M

Lacrosse

$2.73M

Swimming and Diving

$2.4M

Baseball

$3.06M

Tennis

$1.94M

Field Hockey

$1.68M

Softball

$1.45M

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 134 0 $48.66M $30.54M $18.11M
Basketball 2 33 30 $27.16M $13.02M $14.13M
Soccer 15 37 38 $1.7M $3.17M $-1.48M
All Track Combined 3 117 94 $1.66M $3.15M $-1.49M
Lacrosse 11 54 40 $1.65M $2.73M $-1.08M
Swimming and Diving 18 32 31 $1.44M $2.4M $-953.9K
Baseball 1 43 0 $989.9K $3.06M $-2.07M
Tennis 22 8 9 $893K $1.94M $-1.05M
Field Hockey 6 0 30 $802.5K $1.68M $-874.8K
Softball 16 0 27 $749.9K $1.45M $-696.8K
Wrestling 28 45 0 $747.6K $1.25M $-502.8K
Golf 8 10 8 $716.2K $1.38M $-661.8K
Gymnastics 9 0 21 $706.4K $1.02M $-316.6K
Volleyball 26 0 22 $704.7K $1.41M $-703K
Rowing 13 0 78 $243.1K $746K $-502.8K
Fencing 5 24 21 $87.1K $426.1K $-339.1K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$389.9K

Athletes Tracked
228

Top Sport Share
Football · 54.7%

Program Count
16

Unique men
134

Unique women
94

Per-sport slots
986

Multi-sport coeff
4.32x

Coed men

Coed women

The program has 228 unique athletes filling 986 sport roster slots — a 4.32x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
18,516
Revenue Tier
Upper quartile (78th pct.)
Peers in Division
127 schools
Peers in North Carolina
68 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
University of South Carolina-Columbia SC $88.01M $14.65M $-880.2K
University of Virginia-Main Campus VA $90.55M $18.56M $1.66M
University of Southern California CA $86.79M $15.71M $-2.11M
University of Illinois at Urbana-Champaign IL $91.59M $28.06M $2.69M
University of Louisville KY $92.17M $15.21M $3.27M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $4.8K Athletic revenue per enrolled student
Expense Ratio 78.0% Expenses as % of revenue
Top Sport Share 54.7% Revenue concentration in top program
Division Percentile 78th 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.