Take-Two Interactive Software, Inc. (TTWO) Key Metrics
TTWO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $38.38B
- Enterprise value
- $39.55B
- P/E (TTM)
- — 10-yr median 38.8
- Forward P/E
- 28.2
- PEG ratio
- 2.82
- Price / sales
- 5.7 10-yr median 4.9
- Price / book
- 10.7 10-yr median 5.4
- EV / EBITDA
- 31.6 10-yr median 20.6
- Dividend yield
- —
- Beta
- 0.97
TTWO key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsTTWO valuation Price multiples at each fiscal year-end price.
Price / sales−14.6%
5.5
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / book−38.6%
10.4
FY2026 · hover or tap a bar for each year
FY2017FY2026
EV / EBITDA
30.3
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / free cash flow
79.3
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow yield+1.9 pts
1.3%
FY2026 · hover or tap a bar for each year
FY2017FY2026
TTWO returns How much profit the business earns on the capital it uses.
Return on equity+104.2 pts
−10.6%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Return on invested capital+7.0 pts
−1.9%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Return on assets+38.7 pts
−3.2%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow margin+10.7 pts
6.9%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Asset turnover+36.2%
0.72
FY2026 · hover or tap a bar for each year
FY2017FY2026
TTWO per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+11.7%
$35.92
FY2026 · hover or tap a bar for each year
FY2017FY2026
Earnings per share
−$1.61
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow per share
$2.49
FY2026 · hover or tap a bar for each year
FY2017FY2026
Book value per share+55.2%
$18.95
FY2026 · hover or tap a bar for each year
FY2017FY2026
Shares outstanding+5.8%
185.3M
FY2026 · hover or tap a bar for each year
FY2017FY2026
TTWO financial health Debt, liquidity and how easily interest is covered.
Debt / equity−56.1%
0.84
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt−$1.7B
$969.0M
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt / EBITDA
0.78
FY2026 · hover or tap a bar for each year
FY2017FY2026
Current ratio+58.7%
1.24
FY2026 · hover or tap a bar for each year
FY2017FY2026
Interest coverage
-0.7
FY2026 · hover or tap a bar for each year
FY2017FY2026
Debt / assets−29.5%
0.32
FY2026 · hover or tap a bar for each year
FY2017FY2026
TTWO efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−9 days
44 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days of inventory
1 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days payables outstanding−2 days
26 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Cash conversion cycle−6 days
19 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Capex / revenue−0.6 pts
2.4%
FY2026 · hover or tap a bar for each year
FY2017FY2026
TTWO valuation history
Fiscal year-endToday10-year median
TTWO returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TTWO debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TTWO cash returned to shareholders
DividendsBuybacksFree cash flow
TTWO price vs earnings per share
Share price at year-endEPS (right axis)
TTWO key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $36.60B | $36.29B | $25.26B | $19.08B | $17.95B | $20.45B | $13.54B | $10.87B | $11.03B | $5.47B |
| Enterprise value | $37.57B | $38.93B | $28.02B | $21.55B | $15.65B | $17.91B | $11.71B | $10.25B | $10.43B | $5.02B |
| P/E ratio | — | — | — | — | 42.9 | 34.7 | 33.5 | 32.6 | 63.5 | 81.3 |
| Price / sales | 5.5 | 6.4 | 4.7 | 3.6 | 5.1 | 6.1 | 4.4 | 4.1 | 6.1 | 3.1 |
| Price / book | 10.4 | 17.0 | 4.5 | 2.1 | 4.7 | 6.1 | 5.3 | 5.3 | 7.4 | 5.5 |
| Price / free cash flow | 79.3 | — | — | — | 180.6 | 24.2 | 21.4 | 14.0 | 27.2 | 14.2 |
| Price / operating cash flow | 58.6 | — | — | — | 69.6 | 22.4 | 19.7 | 12.9 | 22.3 | 13.4 |
| EV / sales | 5.6 | 6.9 | 5.2 | 4.0 | 4.5 | 5.3 | 3.8 | 3.8 | 5.8 | 2.8 |
| EV / EBITDA | 30.3 | — | — | 37.0 | 21.0 | 20.1 | 16.7 | 20.3 | 34.3 | 14.3 |
| EV / free cash flow | 81.4 | — | — | — | 157.5 | 21.2 | 18.5 | 13.2 | 25.7 | 13.0 |
| Earnings yield | −0.8% | −12.3% | −14.8% | −5.9% | 2.3% | 2.9% | 3.0% | 3.1% | 1.6% | 1.2% |
| Free cash flow yield | 1.3% | −0.6% | −0.6% | −1.1% | 0.6% | 4.1% | 4.7% | 7.1% | 3.7% | 7.1% |
| Dividend yield | — | — | — | 0.6% | 0.0% | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | — | — | 0.4% | 1.1% | 1.1% | 0.4% | 0.6% | 3.3% | 1.4% | 0.9% |
| Share price at fiscal year-end | $197.50 | $207.25 | $148.49 | $119.30 | $153.74 | $176.70 | $118.61 | $94.37 | $97.78 | $59.27 |
| Per share | ||||||||||
| Revenue per share | $35.92 | $32.17 | $31.45 | $33.46 | $30.01 | $29.14 | $27.06 | $23.16 | $15.90 | $19.28 |
| Earnings per share | −$1.61 | −$25.58 | −$22.01 | −$7.03 | $3.58 | $5.09 | $3.54 | $2.90 | $1.54 | $0.73 |
| Operating cash flow per share | $3.37 | −$0.26 | −$0.09 | $0.01 | $2.21 | $7.88 | $6.01 | $7.32 | $4.38 | $4.42 |
| Free cash flow per share | $2.49 | −$1.23 | −$0.93 | −$1.27 | $0.85 | $7.29 | $5.54 | $6.74 | $3.60 | $4.19 |
| Cash per share | $10.74 | $8.37 | $4.56 | $6.34 | $21.86 | $23.60 | $17.54 | $13.64 | $12.63 | $15.08 |
| Book value per share | $18.95 | $12.21 | $33.32 | $56.55 | $32.62 | $28.79 | $22.25 | $17.71 | $13.20 | $10.87 |
| Tangible book value per share | $4.29 | −$17.77 | −$19.20 | −$20.33 | $18.09 | $18.87 | $14.89 | $8.53 | $3.07 | $1.65 |
| Dividends per share | — | — | — | $0.68 | $0.00 | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.88 | $0.97 | $0.83 | $1.28 | $1.36 | $0.60 | $0.47 | $0.58 | $0.78 | $0.23 |
| Debt per share | $15.96 | $23.45 | $20.78 | $21.81 | $2.14 | $1.65 | $1.55 | $8.26 | $7.33 | $10.16 |
| Shares outstanding | 185.3M | 175.1M | 170.1M | 159.9M | 116.8M | 115.7M | 114.1M | 115.2M | 112.8M | 92.3M |
| Change in shares outstanding | +5.8% | +2.9% | +6.4% | +36.9% | +0.9% | +1.4% | −0.9% | +2.2% | +22.1% | +10.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −10.6% | −114.8% | −50.9% | −17.5% | 11.7% | 20.1% | 17.7% | 18.9% | 13.9% | 8.5% |
| Return on invested capital (ROIC) | −1.9% | −8.8% | −9.1% | −14.0% | 37.1% | 72.6% | 35.1% | 17.9% | 18.8% | 17.2% |
| Return on assets (ROA) | −3.2% | −41.9% | −26.7% | −10.0% | 6.6% | 10.7% | 8.8% | 8.4% | 5.0% | 2.3% |
| Return on tangible assets | −4.5% | −113.9% | −114.0% | −31.5% | 8.6% | 12.1% | 9.8% | 10.5% | 6.7% | 2.9% |
| Free cash flow margin | 6.9% | −3.8% | −2.9% | −3.8% | 2.8% | 25.0% | 20.5% | 29.1% | 22.6% | 21.7% |
| Income quality (OCF / net income) | — | — | — | — | 0.62 | 1.55 | 1.70 | 2.53 | 2.84 | 6.06 |
| Financial health | ||||||||||
| Total debt | $2.96B | $4.11B | $3.53B | $3.49B | $250.2M | $191.3M | $177.2M | $951.4M | $826.1M | $937.9M |
| Cash & short-term investments | $1.99B | $1.47B | $776.0M | $1.01B | $2.55B | $2.73B | $2.00B | $1.57B | $1.42B | $1.39B |
| Net debt | $969.0M | $2.64B | $2.76B | $2.47B | −$2.30B | −$2.54B | −$1.82B | −$619.6M | −$598.2M | −$454.4M |
| Debt / equity | 0.84 | 1.92 | 0.62 | 0.39 | 0.07 | 0.06 | 0.07 | 0.47 | 0.55 | 0.93 |
| Debt / assets | 0.32 | 0.45 | 0.29 | 0.22 | 0.04 | 0.03 | 0.04 | 0.22 | 0.22 | 0.30 |
| Net debt / EBITDA | 0.78 | — | — | 4.24 | −3.08 | −2.85 | −2.61 | −1.23 | −1.97 | −1.30 |
| Current ratio | 1.24 | 0.78 | 0.94 | 0.65 | 1.84 | 1.89 | 1.71 | 1.45 | 1.40 | 1.30 |
| Quick ratio | 1.23 | 0.78 | 0.94 | 0.65 | 1.83 | 1.88 | 1.70 | 1.43 | 1.39 | 1.29 |
| Interest coverage | -0.7 | -4.4 | -8.1 | -8.0 | 19.4 | 59.4 | 81.0 | 25.7 | 6.1 | 4.2 |
| Working capital | $610.7M | −$799.9M | −$146.7M | −$1.34B | $1.77B | $1.99B | $1.45B | $876.0M | $682.2M | $509.4M |
| Invested capital | $4.48B | $4.78B | $8.43B | $11.52B | $1.51B | $791.6M | $714.8M | $1.42B | $890.7M | $549.3M |
| Tangible asset value | $795.8M | −$3.11B | −$3.27B | −$3.25B | $2.11B | $2.18B | $1.70B | $982.3M | $346.4M | $152.4M |
| Net current asset value | −$2.67B | −$4.23B | −$4.29B | −$4.31B | $1.13B | $1.52B | $1.08B | $625.4M | $160.3M | $49.8M |
| Graham number | — | — | — | — | $51.26 | $57.41 | $42.12 | $33.99 | $21.38 | $13.35 |
| Graham net-net per share | −$17.94 | −$28.20 | −$30.57 | −$32.35 | $2.87 | $4.65 | $0.40 | −$2.78 | −$5.60 | −$6.28 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $108.1M | $200,000 | — | — | — | $0 | $0 |
| Share buybacks (net) | — | — | $94.1M | $108.1M | $200.0M | $71.6M | $88.0M | $362.4M | $154.8M | $51.8M |
| Dividend payout ratio | — | — | — | — | 0.0% | — | — | — | 0.0% | 0.0% |
| Dividends + buybacks / free cash flow | — | — | — | — | 201.4% | 8.5% | 13.9% | 46.7% | 38.1% | 13.4% |
| Capex / revenue | 2.4% | 3.0% | 2.6% | 3.8% | 4.5% | 2.0% | 1.7% | 2.5% | 4.9% | 1.2% |
| Capex / operating cash flow | 26.1% | — | — | 18,563.6% | 61.5% | 7.6% | 7.8% | 7.9% | 17.7% | 5.2% |
| Capex / depreciation | 0.14 | 0.13 | 0.08 | 0.11 | 0.62 | 0.34 | 0.23 | 0.25 | 0.60 | 0.08 |
| Stock-based compensation / revenue | 4.6% | 5.6% | 5.8% | 6.1% | 3.8% | 3.0% | 8.3% | 9.3% | 6.5% | 4.6% |
| R&D / revenue | 16.1% | 17.8% | 17.7% | 16.6% | 11.6% | 9.4% | 9.6% | 8.6% | 11.0% | 7.7% |
| SG&A / revenue | 39.7% | 45.6% | 42.4% | 45.3% | 29.3% | 24.8% | 25.1% | 25.2% | 28.1% | 27.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 43.6 | 52.4 | 54.8 | 52.1 | 69.9 | 67.7 | 58.4 | 44.0 | 47.6 | 39.8 |
| Days of inventory on hand | 1.4 | — | 0.0 | 0.8 | 3.7 | 4.4 | 5.6 | 5.2 | 6.4 | 5.7 |
| Days payables outstanding | 26.0 | 27.7 | 19.7 | 15.8 | 23.4 | 16.2 | 16.4 | 12.9 | 13.6 | 11.1 |
| Cash conversion cycle (days) | 19.0 | 24.6 | 35.1 | 37.1 | 50.2 | 55.8 | 47.6 | 36.3 | 40.4 | 34.4 |
| Receivables turnover | 8.38 | 6.97 | 6.65 | 7.01 | 5.22 | 5.39 | 6.25 | 8.29 | 7.67 | 9.17 |
| Payables turnover | 14.03 | 13.17 | 18.50 | 23.04 | 15.60 | 22.46 | 22.28 | 28.26 | 26.85 | 32.82 |
| Inventory turnover | 254.17 | — | 3,107,800,000.00 | 463.49 | 99.17 | 83.32 | 65.21 | 70.28 | 57.06 | 63.52 |
| Asset turnover | 0.72 | 0.53 | 0.38 | 0.48 | 0.56 | 0.61 | 0.67 | 0.67 | 0.52 | 0.62 |
| Average receivables | $794.5M | $808.3M | $803.9M | $763.7M | $671.3M | $625.4M | $494.1M | $321.7M | $233.6M | $194.0M |
| Average payables | $202.8M | $195.3M | $168.0M | $133.0M | $98.5M | $68.3M | $69.2M | $53.9M | $33.5M | $31.2M |
| Average inventory | $11.2M | — | $1 | $6.6M | $15.5M | $18.4M | $23.7M | $21.7M | $15.7M | $16.1M |
| Intangibles / total assets | 28.9% | 57.2% | 73.1% | 77.5% | 25.9% | 19.0% | 17.0% | 24.9% | 30.6% | 27.0% |
Computed from TTWO's annual financial statements (latest annual report filed May 22, 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.
TTWO valuation and financial ratios
Take-Two earned a return on equity of −10.6% and a return on invested capital of −1.9% in fiscal 2026. It ended the year with $3.0 billion of debt and $2.0 billion in cash and short-term investments, net debt of $969.0 million. The share count rose 100.7% from 92.3M to 185.3M over 9 years.
See the TTWO income statement, the TTWO chart for price history, or the TTWO stock overview for the latest quote and news.
TTWO key metrics FAQ
What is Take-Two's EV/EBITDA?
Take-Two's enterprise value was 30.3 times EBITDA at the end of fiscal 2026 (enterprise value $37.6 billion, EBITDA $1.2 billion); the current EV/EBITDA is 31.6.
What is Take-Two's return on equity?
Take-Two's return on equity (ROE) was −10.6% in fiscal 2026: net income of -$298.2 million on average shareholders' equity of $2.8 billion.
What is Take-Two's ROIC?
Take-Two's return on invested capital was −1.9% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Take-Two have?
Take-Two had total debt of $3.0 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.84 and $969.0 million of net debt (0.78 times EBITDA).
What is Take-Two's free cash flow yield?
Take-Two generated $461.5 million of free cash flow in fiscal 2026, a free cash flow yield of 1.3% on its market value at year-end ($36.6 billion).
What is Take-Two's current ratio?
Take-Two's current ratio was 1.24 at the end of fiscal 2026: current assets were 1.24 times current liabilities.