Question 1

What is Take-Two Interactive Software's EV/EBITDA ratio?

Accepted Answer

Take-Two Interactive Software (TTWO) EV/EBITDA ratio is 37.4× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Take-Two Interactive Software?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Take-Two Interactive Software specifically, the relevant sector benchmark is the current sector median of 20.3×.

Question 5

Is Take-Two Interactive Software's EV/EBITDA ratio high or low?

Accepted Answer

Take-Two Interactive Software's EV/EBITDA ratio of 37.4× is above its own 5-year average of 35.3× and above the sector median of 20.3×. That places the current reading at the 63th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Take-Two Interactive Software's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Take-Two Interactive Software (TTWO) EV/EBITDA ratio has ranged from a low of 1.2× in 2013 to a high of 113.8× in 2015. The 5-year average is 35.3× and the 5-year median is 30.2×.

Question 7

What was Take-Two Interactive Software's EV/EBITDA ratio in 2026?

Accepted Answer

Take-Two Interactive Software (TTWO) EV/EBITDA ratio at the end of 2026 was 31.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Take-Two Interactive Software's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$36.6B	$1.18B	31.7×	—	Mar 31, 2026
2025	$36.6B	-$3.02B	—	—	Mar 31, 2025
2024	$25.6B	-$1.97B	—	—	Mar 31, 2024
2023	$20.1B	$533M	42.4×	+24.2×	Mar 31, 2023
2022	$17.7B	$849M	18.1×	-2.1×	Mar 31, 2022
2021	$20.3B	$879M	20.2×	+3.6×	Mar 31, 2021
2020	$13.4B	$698M	16.7×	-1.5×	Mar 31, 2020
2019	$10.8B	$506M	18.2×	-14.5×	Mar 31, 2019
2018	$11.1B	$295M	32.7×	+19.0×	Mar 31, 2018
2017	$5.96B	$351M	13.7×	+3.1×	Mar 31, 2017
2016	$3.15B	$224M	10.6×	—	Mar 31, 2016
2015	$2.06B	-$104M	—	—	Mar 31, 2015
2014	$1.69B	$698M	1.7×	-3.9×	Mar 31, 2014
2013	$1.49B	$254M	5.6×	-9.4×	Mar 31, 2013
2012	$1.3B	$79.5M	15.0×	+9.5×	Mar 31, 2012
2011	$1.26B	$196M	5.6×	-7.0×	Mar 31, 2011
2010	$855M	$61.6M	12.6×	+8.2×	Apr 30, 2010
2009	$695M	$134M	4.4×	-5.9×	Apr 30, 2009
2008	$1.97B	$187M	10.2×	—	Apr 30, 2008
2007	$1.38B	-$1.88M	—	—	Apr 30, 2007
2006	$1.22B	-$130M	—	—	Apr 30, 2006
2005	$1.65B	$291M	4.9×	-1.3×	Apr 30, 2005
2004	$1.29B	$164M	6.3×	+2.0×	Apr 30, 2004
2003	$928M	$174M	4.3×	-4.9×	Apr 30, 2003
2002	$930M	$94M	9.2×	—	Apr 30, 2002


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NetApp (NTAP)	10.5×
PTC (PTC)	10.2×
Qorvo (QRVO)	10.2×
GoDaddy (GDDY)	10.1×
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QUALCOMM (QCOM)	9.9×
Ondas Holdings (ONDS)	9.9×
EPAM Systems (EPAM)	9.6×
Accenture (ACN)	9.4×
Science Applications International (SAIC)	9.2×
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Amkor Technology (AMKR)	8.7×
Gen Digital (GEN)	8.3×
First Solar (FSLR)	8.3×
Corpay (CPAY)	8.3×
Paycom Software (PAYC)	8.1×
Zoom Communications (ZM)	7.5×
Fiserv (FISV)	7.4×
Cognizant (CTSH)	7.1×
HP (HPQ)	6.4×
Fidelity National Information Services (FIS)	4.8×
IBM (IBM)	3.8×

EV/EBITDA for Take-Two Interactive Software (TTWO) 2002-2026

EV/EBITDA daily chart for Take-Two Interactive Software (TTWO)

Historical EV/EBITDA for Take-Two Interactive Software (TTWO) from 2002 to 2026

About EV/EBITDA at Take-Two Interactive Software (TTWO)

Take-Two Interactive Software EV/EBITDA by Year

Take-Two Interactive Software EV/EBITDA 2026: 31.7×

Take-Two Interactive Software EV/EBITDA 2023: 42.4×

Take-Two Interactive Software EV/EBITDA 2022: 18.1×

Take-Two Interactive Software EV/EBITDA 2021: 20.2×

Take-Two Interactive Software EV/EBITDA 2020: 16.7×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Take-Two Interactive Software (TTWO) Key Financials