GameStop (GME): analysis in plain words
Is GameStop cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
GameStop (GME) is listed on the NYSE and we classify it in retail. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against GameStop according to those figures, and the questions people ask most about the stock. No buy or sell tips.
GameStop (GME) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $25.14 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 16.5x | Price over earnings per share |
| Revenue growth | -18.7% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 25.2% | Profit for every 100 of sales |
| Net debt / EBITDA | Net cash (more cash than debt) | Years of operating profit to repay debt |
| Dividend yield | 0.00% | Annual dividend over price |
| Market cap | $12.7 billion | What the stock market values it at |
The GameStop figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any GME figure that is not available shows as N/A: we do not estimate it.
How GameStop makes money
GameStop sells video game consoles, games, accessories, collectibles and trading cards in its stores and online, mainly in the United States. Hardware and accessories are its largest sales category. It also buys used games for resale and holds part of its cash reserves in bitcoin.
Over the last 12 months, GameStop brought in revenue of $3.6 billion. For every 100 it sells, GameStop keeps 37.9 after the direct cost of what it sells (gross margin) and 20.0 after all operating costs (operating margin). With 4,000 full-time employees, that is about $888,000 of revenue per employee.
GameStop against its sector
To know whether a GameStop figure is high or low you have to put it next to similar companies. This table compares GameStop with the median of the 18 retail companies Fintols covers, with data as of November 4, 2026.
| Figure | GameStop | retail median |
|---|---|---|
| P/E | 16.5x | 26.2x (18) |
| Revenue growth | -18.7% | +7.1% (18) |
| Net margin | 25.2% | 7.2% (18) |
| Dividend yield | 0.00% | 0.78% (18) |
| Net debt / EBITDA | -1.4x | 1.5x (18) |
In short, against the typical retail company, GameStop trades on a lower P/E, grows more slowly and earns a wider margin. By size, GameStop ranks number 17 of 17 retail companies quoted in USD on Fintols.
The bull case for GameStop
These are the strengths in the GameStop figures as of November 4, 2026:
- Its net margin over the last 12 months is 25.2% (sector median: 7.2%): GameStop turns a large share of its sales into profit.
- GameStop holds more cash than debt (net cash), so it does not depend on lenders to keep investing and is better placed to ride out a bad year.
- On a P/E basis GameStop trades cheaper than its sector: 16.5x its annual earnings, against 26.2x for the retail median (18 companies with data).
The main risk for GameStop
GameStop sales fell 18.7% in the latest quarter against the same quarter a year earlier: if the decline drags on, profit usually follows.
On top of that: gameStop stock moves much more than the market: its beta is 1.66, so in a broad sell-off it tends to fall further than the index.
And, like the rest of retail, GameStop is exposed to price competition, which keeps margins thin, and a slowdown in consumer spending.
Frequently asked questions about GameStop
Is it a good time to buy GameStop stock?
Fintols does not tell you whether to buy or sell GameStop, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, GameStop stock trades at $25.14, 11% below its 52-week high ($28.30) and 41% above its low ($17.79). Its P/E is 16.5x against a retail median of 26.2x, and 16.3x on the earnings analysts expect over the next 12 months. With GameStop, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does GameStop pay a dividend?
No. As of November 4, 2026, GameStop does not pay a dividend: what it earns stays in the company to grow, invest or, where it does so, buy back shares. Anyone buying GameStop today is counting on the share price rising, not on income.
Is GameStop stock expensive?
It depends on what you compare it with. On P/E, GameStop trades at 16.5x its last 12 months of earnings: cheaper than the retail median (26.2x). Including its debt, GameStop is valued at 22.8x its EBITDA (EV/EBITDA). A high P/E alone does not make GameStop expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are GameStop's competitors?
On Fintols we compare GameStop with Dollar General, Ross Stores and Kroger, which are also in retail. As of November 4, 2026, Dollar General is worth $31.2 billion and trades on a P/E of 18.4; Ross Stores is worth $78.8 billion and trades on a P/E of 29.7; Kroger is worth $40.7 billion and trades on a P/E of 38.3. Each has a side-by-side comparison with GameStop below.
GameStop competitors
- Dollar General (DG) analysis · GameStop vs Dollar General comparison
- Ross Stores (ROST) analysis · GameStop vs Ross Stores comparison
- Kroger (KR) analysis · GameStop vs Kroger comparison
To understand GameStop better
- Economic Moats Explained: From Warren Buffett to AI
- 7 Common Beginner Investing Mistakes (and How to Avoid Them)
More companies like GameStop: retail stocks. Open the full GME analysis with its valuation and scenarios. Educational content about GameStop, not investment advice.