BlackBerry Limited (BB) Key Metrics
BB valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $4.73B
- Enterprise value
- $4.80B
- P/E (TTM)
- 62.0 10-yr median 47.9
- Forward P/E
- 47.2
- PEG ratio
- 1.47
- Price / sales
- 7.7 10-yr median 5.0
- Price / book
- 6.5 10-yr median 2.7
- EV / EBITDA
- 46.3 10-yr median 51.4
- Dividend yield
- —
- Beta
- 1.30
BB key metrics, FY2017–FY2026
Fiscal year ended February 28, 2026 · U.S. dollarsBB valuation Price multiples at each fiscal year-end price.
BB returns How much profit the business earns on the capital it uses.
BB per-share figures Results divided by the shares outstanding at year-end.
BB financial health Debt, liquidity and how easily interest is covered.
BB efficiency & capital use Working capital cycle and where the cash goes.
BB valuation history
BB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BB cash returned to shareholders
BB price vs earnings per share
BB key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.03B | $2.79B | $1.65B | $2.48B | $4.34B | $5.64B | $3.18B | $5.36B | $6.63B | $3.66B |
| Enterprise value | $1.88B | $2.69B | $1.66B | $2.50B | $4.23B | $5.75B | $3.02B | $5.11B | $5.15B | $2.87B |
| P/E ratio | 38.1 | — | — | — | 361.5 | — | — | 57.7 | 16.4 | — |
| Price / sales | 3.7 | 5.2 | 2.2 | 4.7 | 6.0 | 6.3 | 3.1 | 5.9 | 7.1 | 2.8 |
| Price / book | 2.7 | 3.9 | 2.1 | 2.9 | 2.8 | 3.8 | 1.3 | 2.0 | 2.6 | 1.8 |
| Price / free cash flow | 42.9 | 435.3 | — | — | — | 148.5 | — | 105.2 | 10.1 | — |
| Price / operating cash flow | 39.6 | 168.8 | — | — | — | 68.8 | 122.2 | 53.6 | 9.4 | — |
| EV / sales | 3.4 | 5.0 | 2.2 | 4.7 | 5.9 | 6.4 | 2.9 | 5.7 | 5.5 | 2.2 |
| EV / EBITDA | 22.7 | 45.4 | 17.7 | — | — | 57.5 | 104.3 | 61.6 | — | — |
| EV / free cash flow | 39.8 | 419.8 | — | — | — | 151.2 | — | 100.3 | 7.8 | — |
| Earnings yield | 2.6% | −2.8% | −7.9% | −29.6% | 0.3% | −19.6% | −4.8% | 1.7% | 6.1% | −33.0% |
| Free cash flow yield | 2.3% | 0.2% | −1.5% | −12.2% | −1.5% | 0.7% | −0.6% | 1.0% | 9.9% | −8.0% |
| Shareholder yield (dividends + buybacks) | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% |
| Share price at fiscal year-end | $3.39 | $4.71 | $2.78 | $3.88 | $6.87 | $10.05 | $5.17 | $8.70 | $12.14 | $6.96 |
| Per share | ||||||||||
| Revenue per share | $0.92 | $0.90 | $1.28 | $0.82 | $1.14 | $1.59 | $1.69 | $1.47 | $1.71 | $2.49 |
| Earnings per share | $0.09 | −$0.13 | −$0.22 | −$1.15 | $0.02 | −$1.97 | −$0.25 | $0.15 | $0.74 | −$2.30 |
| Operating cash flow per share | $0.09 | $0.03 | −$0.01 | −$0.41 | −$0.04 | $0.15 | $0.04 | $0.16 | $1.29 | −$0.43 |
| Free cash flow per share | $0.08 | $0.01 | −$0.04 | −$0.47 | −$0.11 | $0.07 | −$0.03 | $0.08 | $1.21 | −$0.56 |
| Cash per share | $0.60 | $0.57 | $0.40 | $0.67 | $1.13 | $1.32 | $1.48 | $1.49 | $4.14 | $2.62 |
| Book value per share | $1.25 | $1.22 | $1.31 | $1.34 | $2.46 | $2.68 | $4.12 | $4.28 | $4.59 | $3.92 |
| Tangible book value per share | $0.38 | $0.34 | $0.41 | $0.09 | $0.30 | −$0.21 | $0.29 | $0.17 | $2.67 | $1.71 |
| Capex per share | $0.01 | $0.02 | $0.04 | $0.06 | $0.06 | $0.08 | $0.07 | $0.08 | $0.08 | $0.13 |
| Debt per share | $0.36 | $0.40 | $0.43 | $0.69 | $0.95 | $1.50 | $1.23 | $1.08 | $1.43 | $1.13 |
| Shares outstanding | 597.6M | 591.5M | 592.5M | 639.5M | 631.4M | 561.3M | 614.4M | 616.5M | 545.9M | 525.3M |
| Change in shares outstanding | +1.0% | −0.2% | −7.3% | +1.3% | +12.5% | −8.6% | −0.3% | +12.9% | +3.9% | −19.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.3% | −10.6% | −15.9% | −60.9% | 0.8% | −54.7% | −5.9% | 3.6% | 17.8% | −45.8% |
| Return on invested capital (ROIC) | 7.4% | 0.1% | 0.7% | −14.1% | −8.9% | −43.9% | −4.9% | 3.5% | 24.6% | −55.2% |
| Return on assets (ROA) | 4.2% | −5.9% | −8.5% | −34.6% | 0.4% | −32.9% | −3.9% | 2.4% | 11.5% | −27.4% |
| Return on tangible assets | 7.3% | −10.2% | −15.1% | −83.4% | 1.0% | −92.2% | −9.9% | 6.7% | 14.8% | −57.4% |
| Free cash flow margin | 8.6% | 1.2% | −3.2% | −57.6% | −9.3% | 4.3% | −1.7% | 5.6% | 70.7% | −22.4% |
| Income quality (OCF / net income) | 0.96 | — | — | — | −2.33 | — | — | 1.08 | 1.74 | — |
| Financial health | ||||||||||
| Total debt | $215.3M | $239.0M | $252.0M | $443.0M | $601.0M | $843.0M | $757.0M | $667.0M | $782.0M | $591.0M |
| Cash & short-term investments | $359.9M | $337.8M | $237.1M | $426.0M | $712.0M | $739.0M | $909.0M | $916.0M | $2.26B | $1.38B |
| Net debt | −$144.6M | −$98.8M | $14.9M | $17.0M | −$111.0M | $104.0M | −$152.0M | −$249.0M | −$1.48B | −$787.0M |
| Debt / equity | 0.29 | 0.33 | 0.32 | 0.52 | 0.39 | 0.56 | 0.30 | 0.25 | 0.31 | 0.29 |
| Debt / assets | 0.17 | 0.18 | 0.18 | 0.26 | 0.23 | 0.30 | 0.19 | 0.17 | 0.21 | 0.18 |
| Net debt / EBITDA | −1.75 | −1.67 | 0.16 | — | — | 1.04 | −5.24 | −3.00 | — | — |
| Current ratio | 2.12 | 1.72 | 1.42 | 1.02 | 2.63 | 2.34 | 1.07 | 2.54 | 5.49 | 2.79 |
| Quick ratio | 2.12 | 1.72 | 1.42 | 1.02 | 2.63 | 2.34 | 1.07 | 2.54 | 5.48 | 2.75 |
| Interest coverage | 8.4 | 0.1 | 2.0 | -32.3 | -36.1 | -70.0 | -6.6 | 0.4 | 0.2 | -0.8 |
| Working capital | $300.1M | $247.2M | $151.1M | $14.0M | $646.0M | $577.0M | $75.0M | $723.0M | $2.08B | $1.08B |
| Invested capital | $601.4M | $621.1M | $790.9M | $874.0M | $1.45B | $1.61B | $2.38B | $2.39B | $1.03B | $1.27B |
| Tangible asset value | $226.8M | $200.2M | $244.0M | $59.0M | $190.0M | −$116.0M | $177.0M | $105.0M | $1.46B | $896.0M |
| Net current asset value | $69.0M | $15.8M | −$111.0M | −$79.0M | $32.0M | −$308.0M | −$163.0M | −$99.0M | $1.27B | $485.0M |
| Graham number | $1.58 | — | — | — | $1.03 | — | — | $3.81 | $8.75 | — |
| Graham net-net per share | −$0.02 | −$0.12 | −$0.36 | −$0.46 | −$0.27 | −$0.73 | −$0.45 | −$0.34 | $2.15 | $0.68 |
| Capital allocation | ||||||||||
| Share buybacks (net) | $61.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.0M | $0 |
| Dividends + buybacks / free cash flow | 130.5% | 0.0% | — | — | — | 0.0% | — | 0.0% | 2.7% | — |
| Capex / revenue | 0.7% | 1.9% | 2.8% | 7.8% | 5.4% | 4.9% | 4.2% | 5.4% | 4.8% | 5.3% |
| Capex / operating cash flow | 7.6% | 61.2% | — | — | — | 53.7% | 169.2% | 49.0% | 6.4% | — |
| Capex / depreciation | 0.22 | 0.23 | 0.36 | 0.39 | 0.22 | 0.22 | 0.21 | 0.33 | 0.25 | 0.29 |
| Stock-based compensation / revenue | 4.2% | 4.8% | 4.4% | 6.4% | 5.0% | 4.9% | 6.1% | 7.4% | 5.3% | 4.6% |
| R&D / revenue | 20.7% | 20.3% | 16.7% | 25.5% | 30.5% | 24.1% | 24.9% | 24.2% | 25.6% | 23.4% |
| SG&A / revenue | 44.2% | 47.7% | 38.4% | 52.2% | 41.4% | 41.2% | 51.2% | 47.7% | 51.1% | 45.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 129.6 | 152.6 | 86.2 | 106.5 | 98.9 | 92.4 | 80.2 | 94.9 | 94.0 | 86.6 |
| Days of inventory on hand | — | — | 0.0 | — | — | — | — | — | 20.2 | 44.6 |
| Days payables outstanding | 51.0 | 62.7 | 27.9 | 52.6 | 30.5 | 37.2 | 52.0 | 83.3 | 103.8 | 98.4 |
| Cash conversion cycle (days) | 78.5 | 89.9 | 58.4 | 53.9 | 68.3 | 55.1 | 28.1 | 11.6 | 10.4 | 32.8 |
| Receivables turnover | 2.82 | 2.39 | 4.23 | 3.43 | 3.69 | 3.95 | 4.55 | 3.85 | 3.88 | 4.22 |
| Payables turnover | 7.15 | 5.82 | 13.09 | 6.94 | 11.95 | 9.80 | 7.01 | 4.38 | 3.52 | 3.71 |
| Inventory turnover | — | — | 268,400,000.00 | — | — | — | — | — | 18.07 | 8.19 |
| Asset turnover | 0.43 | 0.40 | 0.49 | 0.25 | 0.27 | 0.27 | 0.27 | 0.23 | 0.26 | 0.30 |
| Average receivables | $194.9M | $223.7M | $179.3M | $153.5M | $194.5M | $226.0M | $228.5M | $235.0M | $240.0M | $310.5M |
| Average payables | $18.3M | $24.1M | $20.5M | $23.0M | $21.0M | $25.5M | $39.5M | $47.0M | $74.5M | $186.5M |
| Average inventory | — | — | $1 | — | — | — | — | — | $14.5M | $84.5M |
| Intangibles / total assets | 41.7% | 40.1% | 38.1% | 47.5% | 53.2% | 57.5% | 60.5% | 64.4% | 27.7% | 35.6% |
Computed from BB's annual financial statements (latest annual report filed April 9, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BB valuation and financial ratios
At the end of fiscal 2026 (February 28, 2026), BlackBerry traded at 38.1 times earnings, against a 10-year median of 47.9. Based on the latest twelve months, the trailing P/E is 62.0 and the forward P/E is 47.2. BlackBerry earned a return on equity of 7.3% and a return on invested capital of 7.4% in fiscal 2026. It ended the year with $215.3 million of debt and $359.9 million in cash and short-term investments, a net cash position of $144.6 million. It returned $61.7 million to shareholders: $0 in dividends and $61.7 million in share buybacks, 131% of free cash flow. The share count rose 13.8% from 525.3M to 597.6M over 9 years.
See the BB income statement, the BB chart for price history, or the BB stock overview for the latest quote and news.
BB key metrics FAQ
What is BlackBerry's P/E ratio?
BlackBerry's trailing P/E ratio is 62.0 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 47.2. At the end of fiscal 2026 it was 38.1, compared with a 10-year median of 47.9.
What is BlackBerry's EV/EBITDA?
BlackBerry's enterprise value was 22.7 times EBITDA at the end of fiscal 2026 (enterprise value $1.9 billion, EBITDA $82.8 million); the current EV/EBITDA is 46.3.
What is BlackBerry's return on equity?
BlackBerry's return on equity (ROE) was 7.3% in fiscal 2026: net income of $53.2 million on average shareholders' equity of $733.0 million.
What is BlackBerry's ROIC?
BlackBerry's return on invested capital was 7.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does BlackBerry have?
BlackBerry had total debt of $215.3 million at the end of fiscal 2026, a debt-to-equity ratio of 0.29 and more cash than debt.
Does BlackBerry buy back its shares?
Yes. BlackBerry spent $61.7 million on net share repurchases in fiscal 2026 Shares outstanding changed +1.0% over the year, to 597.6M..
What is BlackBerry's free cash flow yield?
BlackBerry generated $47.3 million of free cash flow in fiscal 2026, a free cash flow yield of 2.3% on its market value at year-end ($2.0 billion).
What is BlackBerry's current ratio?
BlackBerry's current ratio was 2.12 at the end of fiscal 2026: current assets were 2.12 times current liabilities.