BBBY · Bed Bath & Beyond Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $5.34B | $7.87B | $9.23B | $11.16B | $12.35B | $12.35B |
| Cost of Revenue | $4.13B | $5.38B | $6.11B | $7.62B | $7.92B | $7.91B |
| Gross Profit | $1.21B | $2.48B | $3.12B | $3.54B | $4.10B | $4.44B |
| R&D | - | - | - | - | - | - |
| SG&A | $2.37B | $2.69B | $3.22B | $3.73B | $3.68B | $3.68B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $427.09M | $293.63M | $340.91M | $342.51M | $338.82M | $313.11M |
| Operating Income | ($2.78B) | ($407.58M) | ($336.89M) | ($700.06M) | ($87.14M) | $761.32M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | ($31.07M) | $86.97M | ($185.99M) | ($151.04M) | ($19.39M) | $270.80M |
| Net Income | ($3.50B) | ($559.62M) | ($137.22M) | ($613.82M) | ($137.22M) | $424.86M |
| EPS - Basic | ($36.03) | ($5.64) | ($1.24) | ($4.94) | ($1.02) | $3.05 |
| EPS - Diluted | ($36.03) | ($5.64) | ($1.24) | ($4.94) | ($1.02) | $3.04 |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $65.85M | $439.50M | $1.35B | $1.00B | $508.97M | $346.14M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $817.55M | $1.73B | $1.67B | $2.09B | $2.62B | $2.73B |
| Accounts Payable | $457.92M | $872.45M | $986.04M | $944.19M | $1.09B | $1.20B |
| Current Assets | $1.10B | $2.36B | $3.62B | $3.83B | $3.91B | $3.97B |
| Total Assets | $2.23B | $5.13B | $6.46B | $7.79B | $6.57B | $7.04B |
| Current Liabilities | $2.50B | $2.07B | $2.29B | $2.47B | $2.08B | $2.17B |
| Long-term Debt | $1.03B | $1.18B | $1.19B | $1.49B | $1.49B | $1.49B |
| Total Liabilities | $5.03B | $4.96B | $5.18B | $6.03B | $4.01B | $4.15B |
| Stockholders' Equity | ($2.80B) | $174.15M | $1.28B | $1.76B | $2.56B | $2.89B |
| Retained Earnings | $225.06M | $9.67B | $10.23B | $10.37B | $11.11B | $11.34B |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($990.98M) | $17.85M | $268.11M | $590.94M | $918.28M | $859.69M |
| Investing Cash Flow | ($298.74M) | ($349.18M) | $737.88M | $91.38M | ($509.68M) | ($674.41M) |
| Financing Cash Flow | $967.03M | ($606.02M) | ($632.30M) | ($182.85M) | ($238.58M) | ($323.43M) |
| CapEx | $332.89M | $354.19M | $183.08M | $277.40M | $325.37M | $375.79M |
| Free Cash Flow | ($1.32B) | ($336.33M) | $85.03M | $313.54M | $592.91M | $483.90M |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 22.7% | 31.6% | 33.8% | 31.7% | 33.2% | 36.0% |
| Operating margin | -51.9% | -5.2% | -3.6% | -6.3% | -0.7% | 6.2% |
| EBITDA margin | -43.9% | -1.4% | 0.0% | -3.2% | 2.0% | 8.7% |
| Net margin | -65.5% | -7.1% | -1.5% | -5.5% | -1.1% | 3.4% |
| Free cash flow margin | -24.8% | -4.3% | 0.9% | 2.8% | 4.8% | 3.9% |
| FCF / Net income | 0.38 | 0.60 | -0.62 | -0.51 | -4.32 | 1.14 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 44.4% | 34.2% | 34.9% | 33.4% | 29.8% | 29.8% |
| Effective tax rate | - | - | - | - | - | 38.9% |
| Return on assets | -157.2% | -10.9% | -2.1% | -7.9% | -2.1% | 6.0% |
| Return on equity | 125.0% | -321.4% | -10.7% | -34.8% | -5.4% | 14.7% |
| Return on invested capital | - | -23.8% | -10.8% | -17.0% | -1.7% | 10.6% |
| Liquidity | ||||||
| Current ratio | 0.44 | 1.14 | 1.58 | 1.55 | 1.88 | 1.83 |
| Quick ratio | 0.11 | 0.31 | 0.85 | 0.70 | 0.62 | 0.57 |
| Cash ratio | 0.03 | 0.21 | 0.59 | 0.41 | 0.24 | 0.16 |
| Leverage | ||||||
| Debt / Equity | -0.37 | 6.77 | 0.93 | 0.84 | 0.58 | 0.52 |
| Debt / Assets | 0.46 | 0.23 | 0.18 | 0.19 | 0.23 | 0.21 |
| Debt / EBITDA | - | - | 295.74 | - | 5.91 | 1.39 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | -0.79 | 29.46 | 5.06 | 4.41 | 2.57 | 2.44 |
| Liabilities / Assets | 2.26 | 0.97 | 0.80 | 0.77 | 0.61 | 0.59 |
| Efficiency | ||||||
| Asset turnover | 2.40 | 1.53 | 1.43 | 1.43 | 1.88 | 1.75 |
| Inventory turnover | 5.05 | 3.12 | 3.66 | 3.64 | 3.03 | 2.90 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 72d | 117d | 100d | 100d | 121d | 126d |
| Days payable outstanding | 40d | 59d | 59d | 45d | 50d | 55d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | 30.8x | 6.4x | 0.5x | - | - |
| P / S | 0.4x | 0.7x | 0.9x | 0.1x | - | - |
| EV / EBITDA | - | - | 1986.3x | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -32.1% | -14.8% | -17.3% | -9.6% | 0.0% | - |
| Revenue CAGR (3y) | -21.8% | -14.0% | -9.2% | - | - | - |
| Revenue CAGR (5y) | -15.4% | - | - | - | - | - |
| Gross profit growth (YoY) | -51.1% | -20.4% | -12.0% | -13.7% | -7.6% | -2.9% |
| Operating income growth (YoY) | -581.0% | -21.0% | 51.9% | -703.4% | - | -32.9% |
| Net income growth (YoY) | -525.2% | -307.8% | 77.6% | -347.3% | - | -38.0% |
| EPS growth (YoY) | -538.8% | -354.8% | 74.9% | -384.3% | - | -33.6% |
| EPS CAGR (3y) | - | - | - | - | - | -15.7% |
| EPS CAGR (5y) | - | - | - | - | - | -7.8% |
| FCF growth (YoY) | -293.6% | - | -72.9% | -47.1% | 22.5% | -27.6% |
| FCF CAGR (5y) | - | - | -34.1% | -18.2% | -11.1% | -11.2% |
| Book value growth (YoY) | - | -86.4% | -27.6% | -31.1% | -11.4% | 6.2% |
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-2.08
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Home Furniture, Furnishings & Equipment Stores
Comparing BED BATH & BEYOND INC against the 5 most active filers in the same SIC group.