Net Profit Margin
since 2006
Calculation
GameStop Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Feb 3, 2024 | 0.13% | = | 100 | × | 6,700) | ÷ | 5,272,800) |
| Jan 28, 2023 | -5.28% | = | 100 | × | (313,100) | ÷ | 5,927,200) |
| Jan 29, 2022 | -6.34% | = | 100 | × | (381,300) | ÷ | 6,010,700) |
| Jan 30, 2021 | -4.23% | = | 100 | × | (215,300) | ÷ | 5,089,800) |
| Feb 1, 2020 | -7.28% | = | 100 | × | (470,900) | ÷ | 6,466,000) |
| Feb 2, 2019 | -8.12% | = | 100 | × | (673,000) | ÷ | 8,285,300) |
| Feb 3, 2018 | 0.38% | = | 100 | × | 34,700) | ÷ | 9,224,600) |
| Jan 28, 2017 | 4.10% | = | 100 | × | 353,200) | ÷ | 8,607,900) |
| Jan 30, 2016 | 4.30% | = | 100 | × | 402,800) | ÷ | 9,363,800) |
| Jan 31, 2015 | 4.23% | = | 100 | × | 393,100) | ÷ | 9,296,000) |
| Feb 1, 2014 | 3.92% | = | 100 | × | 354,200) | ÷ | 9,039,500) |
| Feb 2, 2013 | -3.03% | = | 100 | × | (269,700) | ÷ | 8,886,700) |
| Jan 28, 2012 | 3.56% | = | 100 | × | 339,900) | ÷ | 9,550,500) |
| Jan 29, 2011 | 4.31% | = | 100 | × | 408,000) | ÷ | 9,473,700) |
| Jan 30, 2010 | 4.16% | = | 100 | × | 377,265) | ÷ | 9,077,997) |
| Jan 31, 2009 | 4.52% | = | 100 | × | 398,282) | ÷ | 8,805,897) |
| Feb 2, 2008 | 4.06% | = | 100 | × | 288,291) | ÷ | 7,093,962) |
| Feb 3, 2007 | 2.98% | = | 100 | × | 158,250) | ÷ | 5,318,900) |
| Jan 28, 2006 | 3.26% | = | 100 | × | 100,784) | ÷ | 3,091,783) |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).
1 US$ in thousands
The financial data reveals several notable trends and shifts in profitability, sales performance, and net income over the analyzed periods.
- Net Income (Loss)
- Net income generally expanded from 2006 through 2008, peaking in early 2009 at approximately $398 million. After a slight decline up to 2012, a significant downturn occurred in 2013, with net income turning negative to around -$270 million. This negative performance persisted with volatility over the next years, with losses reaching their worst in 2019 at approximately -$673 million. Although losses reduced in magnitude in subsequent years, profitability remained below historical positive levels until the data in early 2024, which showed a nominal positive net income of about $6.7 million, indicating a potential turnaround or stabilization.
- Net Sales
- Net sales exhibited a strong upward trajectory from 2006 to 2012, growing from roughly $3.1 billion to a peak of around $9.55 billion. However, from 2013 onwards, sales started to decline with some fluctuations, notably decreasing sharply in 2020 and 2021 to near $5 billion levels. Sales remained relatively subdued through 2023 and 2024, signaling challenges in maintaining revenue growth or market share in more recent years.
- Net Profit Margin
- The net profit margin, expressed as a percentage of sales, reflected the trends seen in net income. Margins were positive and moderately stable from 2006 through 2012, fluctuating between approximately 3.3% and 4.5%. Starting in 2013, the margin turned negative, reaching as low as -8.12% in 2019, mirroring the period of greatest net losses. Following this low point, margins showed some recovery but remained negative or near zero, with a slight positive margin of 0.13% reported in 2024. This suggests ongoing operational or market difficulties impacting profitability despite attempts at stabilization.
In summary, the data indicates a period of growth and profitability until around 2012, followed by a sharp reversal marked by declining sales, recurring losses, and negative profit margins. More recent data suggests some efforts towards recovery with a small positive net income and marginal improvement in profitability, although overall performance remains significantly below peak historical levels.
Comparison to Competitors
GameStop Corp., net profit margin, long-term trends, comparison to competitors
| GameStop Corp. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Feb 3, 2024 | 0.13% | 9.29% | 9.92% | 8.94% | 8.25% |
| Jan 28, 2023 | -5.28% | 5.29% | 10.87% | 6.63% | 7.00% |
| Jan 29, 2022 | -6.34% | -0.53% | 10.87% | 8.77% | 6.76% |
| Jan 30, 2021 | -4.23% | 7.10% | 9.74% | 6.51% | 0.28% |
| Feb 1, 2020 | -7.28% | 5.53% | 10.20% | 5.93% | 7.84% |
| Feb 2, 2019 | -8.12% | 4.13% | 10.28% | 3.25% | 7.85% |
| Feb 3, 2018 | 0.38% | 4.33% | 8.55% | 5.02% | 7.27% |
| Jan 28, 2017 | 4.10% | 1.71% | 8.41% | 4.76% | 6.93% |
| Jan 30, 2016 | 4.30% | 1.74% | 7.92% | 4.31% | 7.36% |
| Jan 31, 2015 | 4.23% | 0.56% | 7.63% | 4.80% | 7.62% |
| Feb 1, 2014 | 3.92% | -0.27% | 6.83% | 4.28% | 7.79% |
| Feb 2, 2013 | -3.03% | 0.37% | 6.07% | 3.88% | 7.37% |
| Jan 28, 2012 | 3.56% | -0.06% | 5.52% | 3.66% | 6.45% |
| Jan 29, 2011 | 4.31% | 1.31% | 4.91% | 4.12% | 6.12% |
| Jan 30, 2010 | 4.16% | 3.37% | 4.02% | 3.78% | 5.98% |
| Jan 31, 2009 | 4.52% | 3.68% | 3.17% | 4.55% | 4.63% |
| Feb 2, 2008 | 4.06% | 3.37% | 5.68% | 5.82% | 4.14% |
| Feb 3, 2007 | 2.98% | 3.21% | 6.34% | 6.62% | 4.24% |
| Jan 28, 2006 | 3.26% | 1.77% | 7.16% | 6.41% | 4.30% |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
GameStop Corp., net profit margin, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| GameStop Corp. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 3, 2024 | 0.13% | 9.30% |
| Jan 28, 2023 | -5.28% | 6.54% |
| Jan 29, 2022 | -6.34% | 3.14% |
| Jan 30, 2021 | -4.23% | 7.21% |
| Feb 1, 2020 | -7.28% | 6.58% |
| Feb 2, 2019 | -8.12% | 5.63% |
| Feb 3, 2018 | 0.38% | 5.65% |
| Jan 28, 2017 | 4.10% | 4.42% |
| Jan 30, 2016 | 4.30% | 4.52% |
| Jan 31, 2015 | 4.23% | 4.30% |
| Feb 1, 2014 | 3.92% | 3.85% |
| Feb 2, 2013 | -3.03% | 3.85% |
| Jan 28, 2012 | 3.56% | 3.50% |
| Jan 29, 2011 | 4.31% | 3.92% |
| Jan 30, 2010 | 4.16% | 4.06% |
| Jan 31, 2009 | 4.52% | 3.83% |
| Feb 2, 2008 | 4.06% | 5.27% |
| Feb 3, 2007 | 2.98% | 5.93% |
| Jan 28, 2006 | 3.26% | 6.26% |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).
Comparison to Industry (Consumer Discretionary)
GameStop Corp., net profit margin, long-term trends, comparison to industry (consumer discretionary)
| GameStop Corp. | Consumer Discretionary | |
|---|---|---|
| Feb 3, 2024 | 0.13% | 8.74% |
| Jan 28, 2023 | -5.28% | 7.92% |
| Jan 29, 2022 | -6.34% | 5.15% |
| Jan 30, 2021 | -4.23% | 9.20% |
| Feb 1, 2020 | -7.28% | 5.24% |
| Feb 2, 2019 | -8.12% | 5.92% |
| Feb 3, 2018 | 0.38% | 6.19% |
| Jan 28, 2017 | 4.10% | 4.38% |
| Jan 30, 2016 | 4.30% | 5.77% |
| Jan 31, 2015 | 4.23% | 6.37% |
| Feb 1, 2014 | 3.92% | 4.66% |
| Feb 2, 2013 | -3.03% | 5.29% |
| Jan 28, 2012 | 3.56% | 5.32% |
| Jan 29, 2011 | 4.31% | 8.80% |
| Jan 30, 2010 | 4.16% | 5.80% |
| Jan 31, 2009 | 4.52% | 4.94% |
| Feb 2, 2008 | 4.06% | 0.22% |
| Feb 3, 2007 | 2.98% | 3.23% |
| Jan 28, 2006 | 3.26% | 0.73% |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).