GME Consumer Cyclical

GameStop Corp.

$24.27+0.33%

Price as of close on Nov 3, 2026 · Financials updated Oct 9, 2026

Basics

Sector: Consumer Cyclical
Industry: Specialty Retail
Country: United States
Market cap: 12.2B USD
Enterprise value: 12.6B USD
Full-time employees: 4,000

Overall health

Strength: lower risk than most peers: more short-term liquiditylower risk: more liquidity
Drawback: its share price swings more than most peers’ (beta 1.62 vs a peer median of 0.63)bigger price swings (beta 1.62 vs peers 0.63)
About average: growth and valuation

Ranks #468 of 1,502 consumer cyclical companies (top 32%)

See how it ranks against its peers

Worth knowing

Profit looks boosted by one-off gains. Reported profit is 1.6× operating cash profit (EBITDA), lifted by income outside the core business.Reported profit is 1.6× operating cash profit, lifted by income outside the core business.
GameStop's reported profit is 1.6× its operating cash profit (EBITDA), which is unusual: normally it's the other way round. Income outside the core business, such as interest on a large cash pile, gains on investments or asset sales, or tax items, has lifted net income, so its earnings-based valuation may look cheaper than the business alone justifies.GameStop's reported profit is 1.6× its operating cash profit, which is unusual: normally it's the other way round. Income outside the core business, such as interest on a large cash pile, gains on investments or asset sales, or tax items, has lifted net income, so its earnings-based valuation may look cheaper than the business alone justifies.
Shareholders being diluted. Shares outstanding up 66% from January 2023 to September 2026.
GameStop had 66% more shares at September 2026 than at January 2023, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.GameStop had 66% more shares at September 2026 than at January 2023, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Operating margin at a 6-year high. 6.4% in FY Jan 2026, the best of the last 6 years.
GameStop kept 6.4% of revenue as operating profit in FY Jan 2026, its highest in the 6 years of filings we have.
Annual revenue fell three years running. Fiscal-year revenue down each year from FY Jan 2023 to FY Jan 2026.
GameStop's fiscal-year revenue declined in each of the three years to FY Jan 2026.

StockQuotient Score

60/ 100

Oct 5 59 → Nov 4 60 (+1)

Valuation

Is the price right?

41/100

Moderate▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: ▼ Weaker

Share count up 12.4% (existing holders diluted)

Valuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 42 → 41

Share price +3.9%-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ Earnings yield
▼ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield7.3%

SEC filings · 12 months to Aug 2026Reported value30% base weight · Z-score 0.88Sector median: 0.0439 · MAD: 0.0329

EBITDA yield4.4%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsReported value50% base weight · Z-score -0.95Sector median: 0.0877 · MAD: 0.0461

Free cash flow yield5.6%

SEC filings · 12 months to Aug 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.09Sector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield50.2%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

47/100

Moderate▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: ▼ Weaker

12-month revenue fell 4.9%

Why it changed since the Oct 27, 2026 close: Score 48 → 47

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ EPS growth
▼ 3-yr revenue
▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth118.9%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score 4.52Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth-15.2%

SEC filings · 3 years to Aug 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -2.84Sector median: 0.0425 · MAD: 0.0636

Revenue growth-7.7%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score -1.75Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

74/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

Operating margin rose 3.2 points to 13.5%

Why

Stronger than most peers on:

▲ ROA
▲ Operating margin

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin13.5%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score 1.55Sector median: 0.0638 · MAD: 0.0461

Return on assets8.0%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score 1.85Sector median: 0.0331 · MAD: 0.0254

Return on invested capital7.0%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score -0.06Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin37.9%

SEC filings · 12 months to Aug 2026Reported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity14.5%

SEC filings · 12 months to Aug 2026Reported valueInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Lower

Lower relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ Current ratio

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.62

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -3.31Sector median: 0.6345 · MAD: 0.2980

Current ratio8.72×

SEC filings · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score 6.28Sector median: 1.4800 · MAD: 0.5570

Debt / equity0.68×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.60Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about GameStop

Is GameStop getting weaker?: Its latest SEC filing (Sep 9, 2026) was mixed: some things better, some worse: operating margin rose 3.2 points to 13.5%; 12-month revenue fell 4.9%. Its overall score is unchanged at 60/100 since Oct 28, 2026.
How is GameStop valued vs its peers?: Priced about in line with its peers. Valuation scores 41/100 against 1,612 consumer cyclical peers. Earnings yield 7.3% vs a peer median of 4.4% (stronger than 74% of peers).Earnings yield 7.3% vs peers 4.4% (stronger than 74% of peers). EBITDA yield 4.4% vs a peer median of 8.8% (weaker than 75% of peers).EBITDA yield 4.4% vs peers 8.8% (weaker than 75% of peers).
Is GameStop growing?: At about the same pace as its peers. Growth scores 47/100 against 1,612 consumer cyclical peers. Earnings per share growth 118.9% vs a peer median of 4.2% (stronger than 93% of peers).Earnings per share growth 118.9% vs peers 4.2% (stronger than 93% of peers). 3-year revenue growth -15.2% vs a peer median of 4.3% (weaker than 100% of peers).3-year revenue growth -15.2% vs peers 4.3% (weaker than 100% of peers).
How profitable is GameStop?: More profitable than most of its peers. Profitability scores 74/100 against 1,612 consumer cyclical peers. Return on assets 8.0% vs a peer median of 3.3% (stronger than 86% of peers).Return on assets 8.0% vs peers 3.3% (stronger than 86% of peers).
How risky is GameStop?: Lower risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Current ratio 8.72× vs a peer median of 1.48× (stronger than 95% of peers).Current ratio 8.72× vs peers 1.48× (stronger than 95% of peers). Beta 1.62 vs a peer median of 0.63 (weaker than 93% of peers).Beta 1.62 vs peers 0.63 (weaker than 93% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Aug 1, 2026 · filed Sep 9, 2026 · compared with the quarter ended May 2, 2026

Mixed: some things better, some worse

Operating margin rose 3.2 points to 13.5%
12-month revenue fell 4.9%
Share count up 12.4% (existing holders diluted)

	Previous quarter	Latest quarter	Change
Revenue (12 months)	3.7B USD	3.6B USD	−4.9%
Net income (12 months)	762.8M USD	892.9M USD	+17.1%
Operating margin	10.3%	13.5%	+3.2 pts
Free cash flow (12 months)	740.6M USD	688.0M USD	−7.1%
Debt	4.2B USD	4.2B USD	+0.0%
Cash	7.4B USD	4.9B USD	−34.4%
Shares outstanding	448.7M	504.5M	+12.4%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Specialty Retail · 18 companies

Valuations in Specialty Retail are near the bottom of their range since 2021.

6% of months since 2021 were valued lower than now.
20% of companies are in the most expensive fifth of their own price-to-sales history.
Median price-to-sales is −69% vs the whole market, against a usual −59%.

2021Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY Jan 2022	FY Jan 2023	FY Jan 2024	FY Jan 2025	FY Jan 2026	Change
Gross margin	22.4%	23.1%	24.5%	29.1%	33.0%	▲ 3.8 pts
Operating margin	-6.1%	-5.3%	-0.7%	-0.7%	6.4%	▲ 7.1 pts
Net margin	-6.3%	-5.3%	0.1%	3.4%	11.5%	▲ 8.1 pts
Return on assets (ROA)	-10.9%	-10.1%	0.2%	2.2%	4.0%	▲ 1.8 pts
Return on equity (ROE)	-23.8%	-23.7%	0.5%	2.7%	7.7%	▲ 5.0 pts
Free cash flow margin	-8.3%	0.9%	-4.5%	3.4%	16.5%	▲ 13 pts
Current ratio	1.92×	1.74×	2.11×	8.05×	15.30×	▲ 90%
Quick ratio	1.24×	1.23×	1.44×	7.33×	14.68×	▲ 100%
Debt to equity	0.03×	0.03×	0.02×	0.00×	0.76×	▲ >999%
Interest coverage	-13.70×	—	—	—	—	—

GME price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

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Pop Mart International Group Limited9992.HK91/ 100

Bringing the fundamentals into focus…

Overall health

Strength: lower risk than most peers: more short-term liquiditylower risk: more liquidity

Drawback: its share price swings more than most peers’ (beta 1.62 vs a peer median of 0.63)bigger price swings (beta 1.62 vs peers 0.63)

About average: growth and valuation

Ranks #468 of 1,502 consumer cyclical companies (top 32%)

See how it ranks against its peers

Worth knowing

Profit looks boosted by one-off gains. Reported profit is 1.6× operating cash profit (EBITDA), lifted by income outside the core business.Reported profit is 1.6× operating cash profit, lifted by income outside the core business.

GameStop's reported profit is 1.6× its operating cash profit (EBITDA), which is unusual: normally it's the other way round. Income outside the core business, such as interest on a large cash pile, gains on investments or asset sales, or tax items, has lifted net income, so its earnings-based valuation may look cheaper than the business alone justifies.GameStop's reported profit is 1.6× its operating cash profit, which is unusual: normally it's the other way round. Income outside the core business, such as interest on a large cash pile, gains on investments or asset sales, or tax items, has lifted net income, so its earnings-based valuation may look cheaper than the business alone justifies.

Shareholders being diluted. Shares outstanding up 66% from January 2023 to September 2026.

GameStop had 66% more shares at September 2026 than at January 2023, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.GameStop had 66% more shares at September 2026 than at January 2023, mostly from issuing stock. Each existing share now owns a smaller slice of the business.

Operating margin at a 6-year high. 6.4% in FY Jan 2026, the best of the last 6 years.

GameStop kept 6.4% of revenue as operating profit in FY Jan 2026, its highest in the 6 years of filings we have.

Annual revenue fell three years running. Fiscal-year revenue down each year from FY Jan 2023 to FY Jan 2026.

GameStop's fiscal-year revenue declined in each of the three years to FY Jan 2026.

Questions investors ask about GameStop

Is GameStop getting weaker?

Its latest SEC filing (Sep 9, 2026) was mixed: some things better, some worse: operating margin rose 3.2 points to 13.5%; 12-month revenue fell 4.9%. Its overall score is unchanged at 60/100 since Oct 28, 2026.

How is GameStop valued vs its peers?

Priced about in line with its peers. Valuation scores 41/100 against 1,612 consumer cyclical peers. Earnings yield 7.3% vs a peer median of 4.4% (stronger than 74% of peers).Earnings yield 7.3% vs peers 4.4% (stronger than 74% of peers). EBITDA yield 4.4% vs a peer median of 8.8% (weaker than 75% of peers).EBITDA yield 4.4% vs peers 8.8% (weaker than 75% of peers).

Is GameStop growing?

At about the same pace as its peers. Growth scores 47/100 against 1,612 consumer cyclical peers. Earnings per share growth 118.9% vs a peer median of 4.2% (stronger than 93% of peers).Earnings per share growth 118.9% vs peers 4.2% (stronger than 93% of peers). 3-year revenue growth -15.2% vs a peer median of 4.3% (weaker than 100% of peers).3-year revenue growth -15.2% vs peers 4.3% (weaker than 100% of peers).

How profitable is GameStop?

More profitable than most of its peers. Profitability scores 74/100 against 1,612 consumer cyclical peers. Return on assets 8.0% vs a peer median of 3.3% (stronger than 86% of peers).Return on assets 8.0% vs peers 3.3% (stronger than 86% of peers).

How risky is GameStop?

Lower risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Current ratio 8.72× vs a peer median of 1.48× (stronger than 95% of peers).Current ratio 8.72× vs peers 1.48× (stronger than 95% of peers). Beta 1.62 vs a peer median of 0.63 (weaker than 93% of peers).Beta 1.62 vs peers 0.63 (weaker than 93% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

3.7B USD

3.6B USD

−4.9%

Net income (12 months)

762.8M USD

892.9M USD

+17.1%

Operating margin

10.3%

13.5%

+3.2 pts

Free cash flow (12 months)

740.6M USD

688.0M USD

−7.1%

Debt

4.2B USD

4.2B USD

+0.0%

Cash

7.4B USD

4.9B USD

−34.4%

Shares outstanding

448.7M

504.5M

+12.4%

Key ratios

FY Jan 2022

FY Jan 2023

FY Jan 2024

FY Jan 2025

FY Jan 2026

Change

Gross margin

22.4%

23.1%

24.5%

29.1%

33.0%

▲ 3.8 pts

Operating margin

-6.1%

-5.3%

-0.7%

6.4%

▲ 7.1 pts

Net margin

-6.3%

-5.3%

0.1%

3.4%

11.5%

▲ 8.1 pts

Return on assets (ROA)

-10.9%

-10.1%

0.2%

2.2%

4.0%

▲ 1.8 pts

Return on equity (ROE)

-23.8%

-23.7%

0.5%

2.7%

7.7%

▲ 5.0 pts

Free cash flow margin

-8.3%

0.9%

-4.5%

3.4%

16.5%

▲ 13 pts

Current ratio

1.92×

1.74×

2.11×

8.05×

15.30×

▲ 90%

Quick ratio

1.24×

1.23×

1.44×

7.33×

14.68×

▲ 100%

Debt to equity

0.03×

0.02×

0.00×

0.76×

▲ >999%

Interest coverage

-13.70×

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