GameStop Corp. (GME) has a current P/E ratio of 24.1, compared to its historical median P/E of 38.7. The stock is currently considered Fair based on its historical valuation range.
GameStop Corp. (GME) has a 5-year average return on invested capital (ROIC) of 1.9%. This is below average and may indicate limited pricing power.
GameStop Corp. (GME) has a market capitalization of $9.5B. It is classified as a mid-cap stock.
GameStop Corp. (GME) does not currently pay a regular dividend.
Based on historical P/E analysis, GameStop Corp. (GME) appears fair. The current P/E of 24.1 is 38% below its historical median of 38.7. The estimated fair value CAGR (P/E method) is -20.7%.
GameStop Corp. (GME) operates in the Retail-Computer & Computer Software Stores industry, within the Consumer Cyclical sector.
GameStop Corp. (GME) reported annual revenue of $3.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
GameStop Corp. operates a global retail business offering games, entertainment products, and technology through physical stores and ecommerce platforms across four geographic segments: United States, Canada, Australia, and Europe. The company's merchandise portfolio comprises hardware and accessories (gaming consoles and controllers), software (new and pre-owned games, digital content), and collectibles (apparel, toys, trading cards, and pop culture merchandise), with operations under the GameStop®, EB Games®, Micromania®, and Zing Pop Culture® brands. The business model centers on a trade-in program that enables customers to exchange pre-owned gaming and mobility products for cash or credit, driving customer traffic and enabling the company to offer a range of price points while operating refurbishment centers across all geographic segments to test, repair, and redistribute used products. As of February 1, 2025, GameStop operated 3,203 stores worldwide—2,325 in the United States, 193 in Canada, 374 in Australia, and 311 in Europe—primarily located in strip centers, shopping malls, and high-traffic pedestrian areas to maximize customer accessibility and frequency. The company's strategy focuses on optimizing its retail business to achieve profitability while using cash and liquidity to maximize shareholder value through potential investment and acquisition opportunities.
【Profitability and operational efficiency】 Management has emphasized a path toward near-term profitability through cost optimization and streamlined operations following a period of infrastructure modernization and system upgrades. The company anticipates capital expenditures will remain at modest or reduced levels now that heavy investment in fulfillment capabilities and foundational systems has largely been completed. Management is aligning corporate costs to go-forward needs and expects to continue delivering a unique customer experience while maintaining direct connectivity to customers through its global store footprint. The company does not provide formal forward-looking guidance, preferring to be judged on results rather than projections.
No forward guidance provided.
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q3 FY2023 Earnings Call, Q2 FY2023 Earnings Call
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 3.8B | 3.6B | 3.8B | 5.3B | 5.9B | 6.0B |
| Net Income | 422M | 418M | 131M | 6.7M | -313M | -381M |
| EPS | $0.85 | $0.77 | $0.33 | $0.02 | $-1.03 | $-0.33 |
| Free Cash Flow | 569M | 597M | 130M | -239M | 52M | -496M |
| ROIC | 26.5% | 59.2% | 4.2% | 0.5% | -20.8% | -33.2% |
| Gross Margin | 30.8% | 33.0% | 29.1% | 24.5% | 23.1% | 22.4% |
| Debt/Equity | 0.78 | 0.76 | 0.01 | 0.03 | 0.04 | 0.03 |
| Dividends/Share | $0.00 | - | - | - | $0.00 | $0.00 |
| Operating Income | 177M | 232M | -26M | -35M | -312M | -369M |
| Operating Margin | 4.6% | 6.4% | -0.7% | -0.7% | -5.3% | -6.1% |
| ROE | 8.0% | 8.1% | 4.2% | 0.5% | -21.4% | -37.4% |
| Shares Outstanding | 448M | 543M | 398M | 335M | 304M | 1,164M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 9.3B | 9.4B | 8.0B | 8.5B | 8.3B | 6.5B | 5.1B | 6.0B | 5.9B | 5.3B | 3.8B | 3.6B | 3.8B |
| Gross Margin | 29.9% | 31.2% | 31.4% | 29.1% | 27.9% | 29.5% | 24.7% | 22.4% | 23.1% | 24.5% | 29.1% | 33.0% | 30.8% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 2.0B | 2.1B | 1.9B | 2.0B | 2.0B | 1.9B | 1.5B | 1.7B | 1.7B | 1.3B | 1.1B | 910M | 951M |
| EBIT | 618M | 648M | 482M | 439M | -702M | -400M | -238M | -369M | -312M | -35M | -26M | 232M | 177M |
| Op. Margin | 6.7% | 6.9% | 6.0% | 5.1% | -8.5% | -6.2% | -4.7% | -6.1% | -5.3% | -0.7% | -0.7% | 6.4% | 4.6% |
| Net Income | 393M | 403M | 353M | 35M | -673M | -471M | -215M | -381M | -313M | 6.7M | 131M | 418M | 422M |
| Net Margin | 4.2% | 4.3% | 4.4% | 0.4% | -8.1% | -7.3% | -4.2% | -6.3% | -5.3% | 0.1% | 3.4% | 11.5% | 11.1% |
| Non-Recurring | 2.2M | 34M | 34M | 6.4M | 971M | 364M | 32M | 6.7M | 2.7M | 3.3M | 17M | 50M | 50M |
| Returns on Capital | |||||||||||||
| ROIC | 33.1% | 27.4% | 14.6% | 11.5% | -27.8% | -33.2% | -25.6% | -33.2% | -20.8% | 0.5% | 4.2% | 59.2% | 26.5% |
| ROE | 19.0% | 19.4% | 16.3% | 1.6% | -37.9% | -48.4% | -41.1% | -37.4% | -21.4% | 0.5% | 4.2% | 8.1% | 8.0% |
| ROA | 9.3% | 9.3% | 7.6% | 0.7% | -14.8% | -13.7% | -8.1% | -12.8% | -9.5% | 0.2% | 3.1% | 5.1% | 4.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 481M | 657M | 537M | 435M | 325M | -415M | 124M | -434M | 108M | -204M | 146M | 615M | 584M |
| Free Cash Flow | 321M | 484M | 394M | 322M | 231M | -493M | 64M | -496M | 52M | -239M | 130M | 597M | 569M |
| Owner Earnings | 303M | 469M | 383M | 287M | 209M | -519M | 36M | -541M | 6.4M | -282M | 90M | 569M | 61M |
| CapEx | 160M | 173M | 143M | 113M | 94M | 79M | 60M | 62M | 56M | 35M | 16M | 18M | 15M |
| Maint. CapEx | 157M | 158M | 137M | 122M | 106M | 95M | 80M | 77M | 62M | 56M | 39M | 20M | 497M |
| Growth CapEx | 3.1M | 15M | 6.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 157M | 158M | 137M | 122M | 106M | 95M | 80M | 77M | 62M | 56M | 39M | 20M | 497M |
| CapEx/OCF | 33.2% | 26.4% | 26.6% | N/A | 28.8% | N/A | 48.5% | N/A | 51.7% | N/A | 11.1% | N/A | 2.5% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 149M | 154M | 156M | 155M | 157M | 41M | 300K | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | 4.5% | 4.9% | 6.8% | 8.8% | 11.7% | 7.5% | 0.0% | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 331M | 194M | 63M | 22M | 0 | 199M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 42.5% | 30.9% | 12.2% | N/A | N/A | 252.2% | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 22M | 30M | 18M | 26M | 11M | 8.9M | 7.9M | 31M | 40M | 22M | 16M | 27M | 25M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 405M | 130M | 307M | 0 | 0 | 0 | 42M | 42M |
| Balance Sheet | |||||||||||||
| Net Debt | -859M | -555M | 151M | -36M | -804M | -80M | -171M | -1.2B | -1.3B | -1.2B | -4.7B | -4.8B | -4.7B |
| Cash & Equiv. | 610M | 450M | 665M | 854M | 1.6B | 499M | 508M | 1.3B | 1.1B | 922M | 4.8B | 6.3B | 8.8B |
| Long-Term Debt | 351M | 345M | 815M | 818M | 472M | 420M | 216M | 41M | 40M | 29M | 17M | 4.2B | N/A |
| Debt/Equity | 0.17 | 0.17 | 0.36 | 0.37 | 0.61 | 0.69 | 0.77 | 0.03 | 0.04 | 0.03 | 0.01 | 0.76 | 0.78 |
| Interest Coverage | 57.8 | 27.7 | 9.0 | 7.7 | -12.4 | -14.7 | -7.4 | -13.7 | -32.8 | -0.7 | -0.2 | 0.9 | 0.9 |
| Equity | 2.1B | 2.1B | 2.3B | 2.2B | 1.3B | 612M | 437M | 1.6B | 1.3B | 1.3B | 4.9B | 5.4B | 5.3B |
| Total Assets | 4.2B | 4.3B | 5.0B | 5.0B | 4.0B | 2.8B | 2.5B | 3.5B | 3.1B | 2.7B | 5.9B | 10.4B | 10.6B |
| Total Liabilities | 2.2B | 2.2B | 2.7B | 2.8B | 2.7B | 2.2B | 2.0B | 1.9B | 1.8B | 1.4B | 946M | 4.9B | 5.2B |
| Intangibles | 238M | 330M | 507M | 93M | 34M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | 2.1B | 2.2B | 2.3B | 2.2B | 1.4B | 690M | 475M | 94M | -220M | -213M | -82M | 205M | 77M |
| Working Capital | 423M | 143M | 379M | 1.1B | 947M | 396M | 209M | 1.2B | 985M | 1.0B | 4.7B | 9.4B | 8.8B |
| Current Assets | 2.1B | 1.9B | 2.1B | 3.0B | 3.1B | 1.6B | 1.6B | 2.6B | 2.3B | 2.0B | 5.4B | 10.0B | 9.7B |
| Current Liabilities | 1.6B | 1.8B | 1.8B | 1.9B | 2.2B | 1.2B | 1.3B | 1.4B | 1.3B | 935M | 665M | 655M | 932M |
| Per Share Data | |||||||||||||
| EPS | 0.87 | 0.95 | 0.85 | 0.09 | -1.65 | -1.35 | -0.21 | -0.33 | -1.03 | 0.02 | 0.33 | 0.77 | 0.85 |
| Owner EPS | 0.67 | 1.10 | 0.92 | 0.70 | 0.51 | -1.48 | 0.03 | -0.46 | 0.02 | -0.84 | 0.23 | 1.05 | 0.14 |
| Book Value | 4.56 | 4.88 | 5.42 | 5.42 | 3.27 | 1.75 | 0.42 | 1.38 | 4.35 | 4.00 | 12.39 | 10.02 | 11.84 |
| Cash Flow/Share | 1.06 | 1.54 | 1.29 | 1.07 | 0.80 | -1.18 | 0.12 | -0.37 | 0.36 | -0.61 | 0.37 | 1.13 | 2.05 |
| Dividends/Share | 0.36 | 0.37 | 0.37 | 0.37 | 0.38 | 0.10 | 0.00 | 0.00 | 0.00 | N/A | N/A | N/A | 0.00 |
| Shares Out. | 453.1M | 426.2M | 415.5M | 408.2M | 408.5M | 350.1M | 1.0B | 1.2B | 304.0M | 335.0M | 397.9M | 543.4M | 448.0M |
| Valuation | |||||||||||||
| P/E Ratio | 2.0 | 1.6 | 1.5 | N/A | N/A | N/A | N/A | N/A | N/A | 712.0 | 75.9 | N/A | 24.8 |
| P/FCF | 9.7 | 5.2 | 5.2 | 4.4 | 5.0 | N/A | 414.3 | N/A | 111.8 | N/A | 76.9 | N/A | 16.7 |
| EV/EBIT | N/A | 1.2 | 1.0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 27.3 |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.6 | 2.0 | N/A | 1.8 |
| Price/Sales | 0.1 | 0.1 | 0.1 | N/A | 0.0 | 0.0 | 0.2 | 2.1 | 1.4 | 1.2 | 2.4 | N/A | 2.5 |
| FCF Yield | 41.2% | 77.0% | 76.4% | N/A | 80.1% | -625.8% | 1.0% | -5.5% | 0.9% | -5.0% | 1.3% | N/A | 6.0% |
| Market Cap | 779M | 628M | 516M | N/A | 289M | 79M | 6.6B | 9.0B | 5.8B | 4.8B | 10.0B | 0 | 9.5B |
| Avg. Price | 7.24 | 7.43 | 5.48 | 4.31 | 3.29 | 1.54 | 4.48 | 43.94 | 28.23 | 18.33 | 22.82 | 0.00 | 21.17 |
| Year-End Price | 6.88 | 5.89 | 4.97 | 3.43 | 2.83 | 0.90 | 25.43 | 30.83 | 19.23 | 14.24 | 25.04 | 0.00 | 21.17 |
GameStop Corp. passes 2 of 9 quality checks, indicating weak fundamentals.
GameStop Corp. trades at 24.1x trailing earnings, compared to its 15-year median P/E of 38.7x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 16.7x vs a median of 5.1x. The company's 5-year average ROIC is 1.9% with a gross margin of 26.4%. At current prices, the estimated annualized return to fair value is -6.1%.
GameStop Corp. (GME) has a net profit margin of 11.5%. This is a healthy margin.
GameStop Corp. (GME) generated $597 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
GameStop Corp. (GME) has a debt-to-equity ratio of 0.76. This indicates moderate leverage.
GameStop Corp. (GME) reported earnings per share (EPS) of $0.77 in its most recent fiscal year.
GameStop Corp. (GME) has a return on equity (ROE) of 8.1%. This indicates moderate shareholder returns.
GameStop Corp. (GME) has a 5-year average gross margin of 26.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 19 years of financial data for GameStop Corp. (GME), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
GameStop Corp. (GME) has a book value per share of $10.02, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management has emphasized a path toward near-term profitability through cost optimization and streamlined operations following a period of infrastructure modernization and system upgrades. The company anticipates capital expenditures will remain at modest or reduced levels now that heavy investment in fulfillment capabilities and foundational systems has largely been completed. Management is aligning corporate costs to go-forward needs and expects to continue delivering a unique customer experience while maintaining direct connectivity to customers through its global store footprint. The company does not provide formal forward-looking guidance, preferring to be judged on results rather than projections.