Take-Two Interactive Software (TTWO)
Market Price (10/19/2025): $262.0 | Market Cap: $47.4 BilSector: Communication Services | Industry: Interactive Home Entertainment
Take-Two Interactive Software (TTWO)
Market Price (10/19/2025): $262.0Market Cap: $47.4 BilSector: Communication ServicesIndustry: Interactive Home Entertainment
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Low stock price volatilityVol 12M is 30% | Trading close to highsDist 52W High is -0.1%, Dist 3Y High is -0.1% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -587 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -10% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 8.1x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 467x | ||
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.0% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% |
| Low stock price volatilityVol 12M is 30% |
| Trading close to highsDist 52W High is -0.1%, Dist 3Y High is -0.1% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -587 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -10% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 8.1x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 467x |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.0% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% |
Market Valuation & Key Metrics
TTWO Stock
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TTWO Return | 70% | -14% | -41% | 55% | 14% | 42% | 113% |
| Peers Return | 107% | 5% | -24% | 36% | 18% | 14% | 202% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| TTWO Win Rate | 75% | 25% | 25% | 67% | 50% | 67% | |
| Peers Win Rate | 55% | 45% | 30% | 52% | 48% | 58% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 67% | |
Max Drawdowns [4] | |||||||
| TTWO Max Drawdown | -18% | -30% | -47% | -2% | -16% | -3% | |
| Peers Max Drawdown | -13% | -16% | -32% | -5% | -9% | -29% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: NET, VEEV, EA, APPF, CTW. See TTWO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/17/2025 (YTD)
Downturns Compared
| Event | TTWO | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -56.1% | -25.4% |
| % Gain to Breakeven | 128.0% | 34.1% |
| Time to Breakeven | 833 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -23.2% | -33.9% |
| % Gain to Breakeven | 30.2% | 51.3% |
| Time to Breakeven | 52 days | 148 days |
| 2018 Correction | ||
| % Loss | -38.7% | -19.8% |
| % Gain to Breakeven | 63.1% | 24.7% |
| Time to Breakeven | 447 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -79.7% | -56.8% |
| % Gain to Breakeven | 392.0% | 131.3% |
| Time to Breakeven | 2092 days | 1480 days |
How Low Can It Go?
Take-Two Interactive Software's stock fell -56.1% during the 2022 Inflation Shock from a high on 2/8/2021. A -56.1% loss requires a 128.0% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
Trade Ideas
Select past ideas related to TTWO. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 09302025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.0% | 2.0% | 0.0% |
| 07312025 | CMCSA | Comcast | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -10.2% | -10.2% | -11.0% |
| 05312025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.1% | 4.1% | -2.3% | |
| 04302025 | IRDM | Iridium Communications | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -22.0% | -22.0% | -27.4% |
| 04302025 | IAS | Integral Ad Science | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 44.1% | 44.1% | 0.0% |
| 11302019 | TTWO | Take-Two Interactive Software | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 12.2% | 45.4% | -17.5% |
| 05312019 | TTWO | Take-Two Interactive Software | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 12.2% | 25.9% | -7.4% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 09302025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.0% | 2.0% | 0.0% |
| 07312025 | CMCSA | Comcast | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -10.2% | -10.2% | -11.0% |
| 05312025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.1% | 4.1% | -2.3% | |
| 04302025 | IRDM | Iridium Communications | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -22.0% | -22.0% | -27.4% |
| 04302025 | IAS | Integral Ad Science | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 44.1% | 44.1% | 0.0% |
| 11302019 | TTWO | Take-Two Interactive Software | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 12.2% | 45.4% | -17.5% |
| 05312019 | TTWO | Take-Two Interactive Software | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 12.2% | 25.9% | -7.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Take-Two Interactive Software
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 222.76 |
| Mkt Cap | 47.3 |
| Rev LTM | 2,968 |
| Op Inc LTM | 140 |
| FCF LTM | 184 |
| FCF 3Y Avg | 121 |
| CFO LTM | 453 |
| CFO 3Y Avg | 313 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.3% |
| Rev Chg 3Y Avg | 16.9% |
| Rev Chg Q | 16.7% |
| QoQ Delta Rev Chg LTM | 4.0% |
| Op Mgn LTM | 16.2% |
| Op Mgn 3Y Avg | 6.5% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 25.6% |
| CFO/Rev 3Y Avg | 21.7% |
| FCF/Rev LTM | 20.9% |
| FCF/Rev 3Y Avg | 13.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 47.3 |
| P/S | 9.8 |
| P/EBIT | 32.9 |
| P/E | 41.7 |
| P/CFO | 45.6 |
| Total Yield | 1.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.3% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.2% |
| 3M Rtn | 3.5% |
| 6M Rtn | 27.1% |
| 12M Rtn | 33.8% |
| 3Y Rtn | 97.5% |
| 1M Excs Rtn | 2.7% |
| 3M Excs Rtn | -2.1% |
| 6M Excs Rtn | 1.0% |
| 12M Excs Rtn | 21.7% |
| 3Y Excs Rtn | 8.4% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/7/2025 | -4.0% | 2.9% | 9.8% |
| 5/15/2025 | -2.4% | -2.7% | 2.7% |
| 2/6/2025 | 14.0% | 14.8% | 10.3% |
| 11/6/2024 | 7.5% | 9.2% | 13.9% |
| 8/8/2024 | 4.4% | 5.5% | 12.6% |
| 5/16/2024 | 1.2% | 4.3% | 7.7% |
| 2/8/2024 | -8.7% | -7.5% | -14.0% |
| 11/8/2023 | 2.0% | 7.3% | 8.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 12 | 14 |
| # Negative | 10 | 10 | 8 |
| Median Positive | 5.3% | 6.4% | 8.5% |
| Median Negative | -5.0% | -6.2% | -9.8% |
| Max Positive | 14.0% | 14.8% | 14.6% |
| Max Negative | -11.9% | -12.2% | -22.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 8072025 | 10-Q 6/30/2025 |
| 3312025 | 5202025 | 10-K 3/31/2025 |
| 12312024 | 2072025 | 10-Q 12/31/2024 |
| 9302024 | 11072024 | 10-Q 9/30/2024 |
| 6302024 | 8092024 | 10-Q 6/30/2024 |
| 3312024 | 5222024 | 10-K 3/31/2024 |
| 12312023 | 2092024 | 10-Q 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8092023 | 10-Q 6/30/2023 |
| 3312023 | 5262023 | 10-K 3/31/2023 |
| 12312022 | 2072023 | 10-Q 12/31/2022 |
| 9302022 | 11082022 | 10-Q 9/30/2022 |
| 6302022 | 8092022 | 10-Q 6/30/2022 |
| 3312022 | 5172022 | 10-K 3/31/2022 |
| 12312021 | 2082022 | 10-Q 12/31/2021 |
| 9302021 | 11042021 | 10-Q 9/30/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Siminoff Ellen F | 9162025 | Sell | 246.25 | 144 | 35,460 | 739,489 | Form | |
| 1 | Emerson Daniel P | Chief Legal Officer | 9042025 | Sell | 236.83 | 1,083 | 256,487 | 30,482,152 | Form |
| 2 | Goldstein Lainie | Chief Financial Officer | 9042025 | Sell | 240.00 | 10,000 | 2,400,000 | 68,557,680 | Form |
| 3 | Goldstein Lainie | Chief Financial Officer | 9022025 | Sell | 230.64 | 20,000 | 4,612,800 | 68,190,330 | Form |
| 4 | ZELNICK STRAUSS | Chairman, CEO | 8282025 | Sell | 231.02 | 39,027 | 9,016,018 | 66,410,857 | Form |
External Quote Links
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