Communication Services · Interactive Home Entertainment · US stock · price as of 16 Oct 2026
Key indicators
Price
$205.28
52-week range
$187.63 – $265.94
Market cap
$38.2B
P/E (trailing)
–
EV / EBITDA
1,111.9×
Free-cash-flow yield
0.9%
Dividend yield
–
Revenue (last 12 months)
$6.7B
Revenue growth (3y a year)
7.6%
Operating margin
−2.4%
Return on invested capital
−3.0%
Net debt / EBITDA
19.8×
Fair value
Blended fair value$45.49 book-value models
Versus priceData under review+0% to fair value
Peer multiples
$45.49
Model uncertainty
High
X-Ray Score
31/ 100 · High confidence · ahead of 6% of sector peers
Valuation9
Growth61
Profitability30
Financial health29
Dividends–
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Interactive entertainment for consoles, personal computers and mobile devices is developed, published and marketed by Take-Two Interactive. Its Rockstar Games label is behind Grand Theft Auto and Red Dead Redemption, and the company also publishes sports, strategy and mobile titles through its other labels. Players obtain games through digital stores and retailers, and many then spend on in-game content. The business runs a mix of new releases and long-lived franchise titles.
Revenue comes from full game releases and from recurring spending on in-game content and mobile games. Revenue was $6.7 billion over the last twelve months and has grown at 7.6% a year across the last three years. The operating margin is -2.4%, and the business earns -3% on the capital invested in it. Net debt is 19.8 times EBITDA. No dividend is paid.
StocksXray gives Take Two Interactive Software Inc an X-Ray Score of 31 out of 100 (high confidence), ahead of 6% of the S&P 500 stocks in its sector. Its strongest lens is growth (61) and its weakest is valuation (9).
Our fair value blend is $45.49. At $205.28 the stock trades 351% above that blend, so the label is "Data under review" with high model uncertainty. Fair value is a range, not a price target.
XStocksXray
Take Two Interactive Software Inc (TTWO)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2022
FY2023
FY2024
FY2025
FY2026
Now
Price
$153.74
$119.30
$148.49
$207.25
$197.50
$205.28
Market cap
$18.0B
$19.1B
$25.3B
$36.3B
$36.3B
$38.2B
P/E
42.9×
–
–
–
–
–
EV / revenue
4.4×
4.0×
5.2×
6.8×
5.5×
5.8×
EV / EBITDA
28.8×
–
–
–
390.8×
1,111.9×
Price / free cash flow
180.7×
–
–
–
78.7×
113.3×
Free-cash-flow yield
0.6%
−1.1%
−0.6%
−0.6%
1.3%
0.9%
Price / book
4.7×
2.1×
4.5×
17.0×
10.3×
10.6×
Dividend yield
–
–
–
–
–
–
Fundamentals checklist ● 2 Good · ● 4 Average · ● 8 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−9.1%Good
Free-cash-flow yield0.9%Bad
Risk models
Altman Z score-2.0×Bad
Piotroski F-Score7 of 9Good
Growth
Revenue growth (3y)7.6%Average
Growth consistency80%Average
Balance sheet
Current ratio1.1×Average
Net debt / EBITDA19.8×Bad
Interest cover-1.1×Bad
Valuation
Fair value vs price0.2×Bad
EBIT / EV yield−0.4%Bad
Profitability
Return on invested capital−3.0%Bad
Operating margin−2.4%Bad
Gross profitability41.3%Average
Red flags
Heavy dilution — Share count up more than 5% year on year
XStocksXray
Take Two Interactive Software Inc (TTWO)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY22
FY23
FY24
FY25
FY26
LTM
Revenue
3,505
5,350
5,350
5,634
6,656
6,687
Gross profit
1,969
2,285
2,242
3,062
3,810
3,747
Operating income
474
-1,165
-3,591
-4,391
-104
-161
Net income
418
-1,125
-3,744
-4,479
-298
-320
Diluted EPS ($)
3.58
-7.03
-22.01
-25.58
-1.62
-1.73
Free cash flow
99
-203
-158
-215
462
338
Gross margin
56.2%
42.7%
41.9%
54.4%
57.2%
56.0%
Operating margin
13.5%
−21.8%
−67.1%
−77.9%
−1.6%
−2.4%
Net margin
11.9%
−21.0%
−70.0%
−79.5%
−4.5%
−4.8%
Balance sheet
FY22
FY23
FY24
FY25
FY26
LTM
Total assets
6,546
15,862
12,217
9,181
9,383
9,064
Cash
1,732
827
754
1,456
1,546
1,365
Total debt
0
3,080
3,083
3,661
2,518
2,520
Equity
3,810
9,043
5,668
2,138
3,511
3,608
Dividend per share ($)
–
–
–
–
–
–
Revenue and net income US$ billions: navy revenue, teal net income
Margins blue gross, teal operating, brown net
Latest quarters
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue ($M)
1,583
1,504
1,774
1,699
1,680
1,534
Growth vs a year earlier
+13.1%
+12.4%
+31.1%
+24.9%
+6.1%
+2.0%
Net income ($M)
-3,726
-12
-134
-93
-60
-34
Diluted EPS ($)
–
-0.07
-0.73
-0.50
–
-0.18
XStocksXray
Take Two Interactive Software Inc (TTWO)
Peers in Interactive Home Entertainment
Company
X-Ray
TTWO · Take Two Interactive Softw...
31
Market Compass outlook for Communication Services: Favourable (76/100). It blends regime history, macro sensitivity, momentum and valuation.
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.