Bed Bath & BEYOND, Inc. (BBBY) intrinsic value & 10-year financials
Bed Bath & BEYOND, Inc. (BBBY) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 5.9% a year to $1.0B, with an average return on invested capital of -183.3%.
- Graham intrinsic value
- —
- Share price (Oct 18, 2026)
- $1.56
- Market cap
- $93.8M
- Revenue (FY2025)
- $1.0B
- Revenue growth (10-yr CAGR)
- -5.9%
- ROIC (10-yr avg)
- -183.3%
- Free cash flow (FY2025)
- -$64.1M
BBBY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.0B | -$84.6M | -$1.41 | -$64.1M | -5.9% | -124.5% |
| FY2024 | $1.4B | -$258.8M | -$5.56 | -$188.6M | -13.7% | -413.6% |
| FY2023 | $1.6B | -$307.8M | -$6.81 | -$37.8M | -7.6% | -63.8% |
| FY2022 | $1.9B | -$35.2M | -$0.83 | -$27.4M | 1.4% | 9.0% |
| FY2021 | $2.8B | $389.4M | $8.11 | $67.3M | 4.0% | 111.8% |
| FY2020 | $2.5B | $56.0M | $1.24 | $177.3M | 2.0% | -160.6% |
| FY2019 | $1.5B | -$121.8M | -$3.46 | -$103.4M | -8.5% | -1397.3% |
| FY2018 | $1.8B | -$206.1M | -$6.83 | -$167.6M | -11.9% | 1252.6% |
| FY2017 | $1.7B | -$109.9M | -$4.28 | -$58.9M | -2.7% | -1057.5% |
| FY2016 | $1.8B | $12.5M | $0.49 | -$32.7M | 0.4% | 10.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
BED BATH & BEYOND, INC. is facing top-line stagnation, with revenue contracting over the decade.
BED BATH & BEYOND, INC. has historically struggled to out-earn its cost of capital, averaging just -7.4% ROIC.
BED BATH & BEYOND, INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, BED BATH & BEYOND, INC. is modeled at -5.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-22.67 per share.