TOTAL REV $63.36M
TOTAL EXP $51.11M
NET $12.24M

Investment Profile · FY 2019

West Virginia University

Morgantown, West Virginia · NCAA Division I-FBS · Public, 4-year or above · Enrollment 19,366

ZIP 265066201 · IPEDS unitid 238032

Revenue Percentile (Division)
58th

Key Financial Metrics · 2019

Total Revenue
$63.36M

Total Expenses
$51.11M

Net Result
$12.24M

Unique Athletes
211

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 65%Women’s programs 35%

$41.2M
$22.15M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 1,166 (-5.7%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$18.96M

Basketball

$11.18M

Soccer

$5.61M

Swimming and Diving

$5.44M

Golf

$2.9M

Wrestling

$2.82M

Baseball

$2.8M

All Track Combined

$2.77M

Gymnastics

$2.74M

Volleyball

$2.73M

Expense by sport

Football

$22.22M

Basketball

$14.66M

Soccer

$3.06M

Swimming and Diving

$1.81M

Golf

$834.1K

Wrestling

$1.07M

Baseball

$2.06M

All Track Combined

$1.17M

Gymnastics

$1.13M

Volleyball

$1.33M

Sport-by-sport profile table

Sport Men Women Coed (M/W) Revenue Expense Net
Football 7 127 0 $18.96M $22.22M $-3.26M
Basketball 2 14 29 $11.18M $14.66M $-3.48M
Soccer 15 29 32 $5.61M $3.06M $2.54M
Swimming and Diving 18 36 31 $5.44M $1.81M $3.63M
Golf 8 9 0 $2.9M $834.1K $2.06M
Wrestling 28 37 0 $2.82M $1.07M $1.76M
Baseball 1 42 0 $2.8M $2.06M $732K
All Track Combined 3 0 84 $2.77M $1.17M $1.6M
Gymnastics 9 0 18 $2.74M $1.13M $1.6M
Volleyball 26 0 18 $2.73M $1.33M $1.4M
Rowing 13 0 66 $2.71M $1.1M $1.61M
Tennis 22 0 7 $2.7M $668.5K $2.03M
Rifle 12 0 0 4 / 6 $0 $0 $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$300.3K

Athletes Tracked
211

Top Sport Share
Football · 29.9%

Program Count
13

Unique men
127

Unique women
84

Per-sport slots
579

Multi-sport coeff
2.74x

Coed men
4

Coed women
6

The program has 211 unique athletes filling 579 sport roster slots — a 2.74x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
19,366
Revenue Tier
Above-median (58th pct.)
Peers in Division
127 schools
Peers in West Virginia
19 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Texas Tech University TX $64.17M $11.8M $812.2K
Boston College MA $62.17M $-63.5K $-1.19M
University of Colorado Boulder CO $64.9M $20.41M $1.55M
University of Arizona AZ $65.02M $9.44M $1.66M
University of Maryland-College Park MD $61.13M $6.98M $-2.22M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $3.3K Athletic revenue per enrolled student
Expense Ratio 80.7% Expenses as % of revenue
Top Sport Share 29.9% Revenue concentration in top program
Division Percentile 58th 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.