Electronic Arts (EA) Financials

$154.70 -0.04 (-0.03%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$161.54 +6.84 (+4.42%)

As of 08:03 AM Eastern

Annual Income Statements for Electronic Arts

This table shows Electronic Arts' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Net Income / (Loss) Attributable to Common Shareholders	875	1,156	967	1,043	1,019	3,039	837	789	802	1,273
Consolidated Net Income / (Loss)	875	1,156	967	1,043	1,019	3,039	837	789	802	1,273
Net Income / (Loss) Continuing Operations	875	1,156	967	1,043	1,019	3,039	837	789	802	1,273
Total Pre-Tax Income	925	877	1,210	1,449	1,079	1,508	1,017	1,081	1,326	1,589
Total Operating Income	948	898	1,224	1,434	996	1,445	1,046	1,129	1,332	1,518
Total Gross Profit	3,086	3,042	3,547	3,873	3,628	4,168	4,135	5,132	5,634	5,852
Total Revenue	4,515	4,396	4,845	5,150	4,950	5,537	5,629	6,991	7,426	7,562
Operating Revenue	4,515	4,396	4,845	5,150	4,950	5,537	5,629	6,991	7,426	7,562
Total Cost of Revenue	1,429	1,354	1,298	1,277	1,322	1,369	1,494	1,859	1,792	1,710
Operating Cost of Revenue	1,429	1,354	1,298	1,277	1,322	1,369	1,494	1,859	1,792	1,710
Total Operating Expenses	2,138	2,144	2,323	2,439	2,632	2,723	3,089	4,003	4,302	4,334
Selling, General & Admin Expense	386	406	439	469	460	506	592	673	727	691
Marketing Expense	647	622	673	641	702	631	689	961	978	1,019
Research & Development Expense	1,094	1,109	1,205	1,320	1,433	1,559	1,778	2,186	2,328	2,420
Amortization Expense	14	7.00	6.00	9.00	23	22	30	183	158	142
Restructuring Charge	-	-	-	-	-	-	0.00	0.00	111	62
Total Other Income / (Expense), net	-23	-21	-14	15	83	63	-29	-48	-6.00	71
Other Income / (Expense), net	-23	-21	-14	15	83	63	-29	-48	-6.00	71
Income Tax Expense	50	-279	243	406	60	-1,531	180	292	524	316
Basic Earnings per Share	$2.81	$3.73	$3.19	$3.39	$3.36	$10.37	$2.90	$2.78	$2.90	$4.71
Weighted Average Basic Shares Outstanding	311M	310M	303M	308M	303M	293M	289M	284M	277M	270M
Diluted Earnings per Share	$2.69	$3.50	$3.08	$3.34	$3.33	$10.30	$2.87	$2.76	$2.88	$4.68
Weighted Average Diluted Shares Outstanding	325M	330M	314M	312M	306M	295M	292M	286M	278M	272M
Weighted Average Basic & Diluted Shares Outstanding	311.40M	309.90M	303.10M	307.70M	-4.63B	288.69M	286.19M	279.89M	272.71M	266.38M
Cash Dividends to Common per Share	-	-	-	-	-	-	$0.34	$0.68	$0.76	$0.76

This table shows Electronic Arts' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	311	299	204	-12	402	399	290	182	280	294	293
Consolidated Net Income / (Loss)	311	299	204	-12	402	399	290	182	280	294	293
Net Income / (Loss) Continuing Operations	311	299	204	-12	402	399	290	182	280	294	293
Total Pre-Tax Income	436	427	282	181	556	391	382	260	394	399	405
Total Operating Income	441	427	289	175	542	377	365	234	364	384	377
Total Gross Profit	1,453	1,442	1,313	1,426	1,556	1,458	1,416	1,422	1,397	1,569	1,427
Total Revenue	1,767	1,904	1,881	1,874	1,924	1,914	1,945	1,779	1,660	2,025	1,883
Operating Revenue	1,767	1,904	1,881	1,874	1,924	1,914	1,945	1,779	1,660	2,025	1,883
Total Cost of Revenue	314	462	568	448	368	456	529	357	263	456	456
Operating Cost of Revenue	314	462	568	448	368	456	529	357	263	456	456
Total Operating Expenses	1,012	1,015	1,024	1,251	1,014	1,081	1,051	1,188	1,033	1,185	1,050
Selling, General & Admin Expense	167	174	162	224	163	173	170	185	180	197	176
Marketing Expense	234	233	256	255	229	280	276	234	205	272	251
Research & Development Expense	572	565	556	635	596	602	584	638	629	648	606
Amortization Expense	39	43	50	26	25	24	21	72	17	17	16
Restructuring Charge	0.00	0.00	0.00	111	1.00	2.00	0.00	59	2.00	51	1.00
Total Other Income / (Expense), net	-5.00	0.00	-7.00	6.00	14	14	17	26	30	15	28
Other Income / (Expense), net	-5.00	0.00	-7.00	6.00	14	14	17	26	30	15	28
Income Tax Expense	125	128	78	193	154	-8.00	92	78	114	105	112
Basic Earnings per Share	$1.11	$1.08	$0.74	($0.03)	$1.48	$1.47	$1.08	$0.68	$1.05	$1.11	$1.12
Weighted Average Basic Shares Outstanding	279M	278M	276M	277M	272M	271M	269M	270M	266M	264M	262M
Diluted Earnings per Share	$1.11	$1.07	$0.73	($0.03)	$1.47	$1.47	$1.07	$0.67	$1.04	$1.11	$1.11
Weighted Average Diluted Shares Outstanding	281M	279M	278M	278M	274M	272M	271M	272M	268M	266M	265M
Weighted Average Basic & Diluted Shares Outstanding	278.05M	276.08M	274.23M	272.71M	270.91M	268.97M	267.35M	266.38M	264.20M	262.27M	260.62M
Cash Dividends to Common per Share	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19

This table details how cash moves in and out of Electronic Arts' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Net Change in Cash & Equivalents	66	228	72	1,693	450	-940	1,492	-2,528	-308	476
Net Cash From Operating Activities	847	1,268	1,578	1,692	1,547	1,797	1,934	1,899	1,550	2,315
Net Cash From Continuing Operating Activities	1,067	1,465	1,578	1,692	1,547	1,797	1,934	1,899	1,550	2,315
Net Income / (Loss) Continuing Operations	875	1,156	967	1,043	1,019	3,039	837	789	802	1,273
Consolidated Net Income / (Loss)	875	1,156	967	1,043	1,019	3,039	837	789	802	1,273
Depreciation Expense	-	-	172	136	145	150	181	486	536	404
Non-Cash Adjustments To Reconcile Net Income	144	188	196	242	284	347	435	528	548	584
Changes in Operating Assets and Liabilities, net	-172	-76	243	271	99	-1,739	481	96	-336	54
Net Cash From Investing Activities	-470	-484	-759	622	169	-1,357	-505	-2,804	-217	-207
Net Cash From Continuing Investing Activities	-470	-484	-759	622	169	-1,357	-505	-2,804	-217	-207
Purchase of Property, Plant & Equipment	-95	-93	-123	-107	-119	-140	-124	-188	-207	-199
Acquisitions	-	0.00	0.00	-150	-58	0.00	-1,239	-3,391	0.00	0.00
Purchase of Investments	-1,102	-1,332	-1,917	-2,287	-1,342	-3,359	-2,828	-554	-405	-640
Sale and/or Maturity of Investments	727	941	1,281	3,166	1,688	2,142	3,686	1,329	395	632
Net Cash From Financing Activities	-255	-548	-729	-643	-1,253	-1,358	-15	-1,620	-1,600	-1,624
Net Cash From Continuing Financing Activities	-255	-548	-729	-643	-1,253	-1,358	-15	-1,620	-1,600	-1,624
Repurchase of Common Equity	-337	-1,018	-508	-601	-1,192	-1,207	-729	-1,300	-1,295	-1,300
Payment of Dividends	-	-	-	-	0.00	0.00	-98	-193	-210	-205
Issuance of Common Equity	60	107	72	78	61	62	86	77	80	77
Other Financing Activities, net	22	-156	-130	-120	-122	-213	-152	-204	-175	-196
Effect of Exchange Rate Changes	-56	-8.00	-18	22	-13	-22	78	-3.00	-41	-8.00
Cash Interest Paid	6.00	4.00	43	42	42	42	40	56	56	56
Cash Income Taxes Paid	2.00	35	51	57	100	170	340	629	583	300

This table details how cash moves in and out of Electronic Arts' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-650	-543	663	222	-165	-313	796	158	-500	-203	579
Net Cash From Operating Activities	-78	-112	1,123	617	359	112	1,264	580	120	234	1,176
Net Cash From Continuing Operating Activities	-78	-112	1,123	617	359	112	1,264	580	120	234	1,176
Net Income / (Loss) Continuing Operations	311	299	204	-12	402	399	290	182	280	294	293
Consolidated Net Income / (Loss)	311	299	204	-12	402	399	290	182	280	294	293
Depreciation Expense	114	127	122	173	88	85	82	149	80	122	75
Non-Cash Adjustments To Reconcile Net Income	125	140	141	142	130	155	151	148	143	174	163
Changes in Operating Assets and Liabilities, net	-628	-678	656	314	-261	-527	741	101	-383	-356	645
Net Cash From Investing Activities	-65	-54	-61	-37	-44	-63	-51	-49	-69	-46	-62
Net Cash From Continuing Investing Activities	-65	-54	-61	-37	-44	-63	-51	-49	-69	-46	-62
Purchase of Property, Plant & Equipment	-59	-53	-48	-47	-45	-51	-52	-51	-67	-50	-50
Purchase of Investments	-93	-80	-90	-142	-150	-163	-147	-180	-130	-107	-139
Sale and/or Maturity of Investments	87	79	77	152	151	151	148	182	128	111	127
Net Cash From Financing Activities	-476	-348	-418	-358	-482	-351	-431	-360	-546	-402	-504
Net Cash From Continuing Financing Activities	-476	-348	-418	-358	-482	-351	-431	-360	-546	-402	-504
Repurchase of Common Equity	-320	-325	-325	-325	-325	-325	-325	-325	-375	-375	-383
Payment of Dividends	-53	-53	-52	-52	-52	-51	-51	-51	-50	-51	-50
Issuance of Common Equity	1.00	43	3.00	33	-	-	3.00	34	-	-	1.00
Other Financing Activities, net	-104	-13	-44	-14	-105	-15	-58	-18	-121	-18	-72
Effect of Exchange Rate Changes	-31	-29	19	-	2.00	-11	14	-13	-5.00	11	-31
Cash Income Taxes Paid	-36	-274	-147	1,040	23	33	148	504	23	186	124

This table presents Electronic Arts' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Total Assets	6,147	7,050	7,718	8,584	8,957	11,112	13,288	13,800	13,459	13,420
Total Current Assets	3,720	4,354	5,199	6,004	6,381	6,517	7,213	4,151	3,969	4,247
Cash & Equivalents	2,068	2,493	2,565	4,258	4,708	3,768	5,260	2,732	2,424	2,900
Short-Term Investments	953	1,341	1,967	1,073	737	1,967	1,106	330	343	362
Accounts Receivable	362	233	359	385	623	461	521	650	684	565
Other Current Assets	247	287	308	288	313	321	326	439	518	420
Plant, Property, & Equipment, net	459	439	434	453	448	449	491	550	549	578
Total Noncurrent Assets	1,968	2,257	2,085	2,127	2,128	4,146	5,584	9,099	8,941	8,595
Goodwill	1,713	1,710	1,707	1,883	1,892	1,885	2,868	5,387	5,380	5,379
Intangible Assets	111	57	8.00	71	87	53	309	962	618	400
Noncurrent Deferred & Refundable Income Taxes	13	387	286	84	35	1,903	2,045	2,243	2,462	2,380
Other Noncurrent Operating Assets	131	103	84	89	114	305	362	507	481	436
Total Liabilities & Shareholders' Equity	6,147	7,050	7,718	8,584	8,957	11,112	13,288	13,800	13,459	13,420
Total Liabilities	3,080	3,652	3,658	3,989	3,626	3,651	5,448	6,175	6,166	5,907
Total Current Liabilities	2,747	2,418	2,415	2,491	2,265	2,664	2,964	3,513	3,285	3,090
Accounts Payable	68	89	87	48	113	68	96	101	99	1,276
Current Deferred Revenue	1,283	1,458	1,539	1,622	1,100	945	1,527	2,024	1,901	1,814
Total Noncurrent Liabilities	333	1,234	1,243	1,498	1,361	987	2,484	2,662	2,881	2,817
Long-Term Debt	0.00	989	990	992	994	397	1,876	1,878	1,880	1,882
Noncurrent Deferred & Payable Income Tax Liabilities	150	82	105	251	235	374	358	387	608	497
Other Noncurrent Operating Liabilities	183	163	148	255	132	216	250	397	393	438
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,036	3,396	4,060	4,595	5,331	7,461	7,840	7,625	7,293	7,513
Total Preferred & Common Equity	3,036	3,396	4,060	4,595	5,331	7,461	7,840	7,625	7,293	7,513
Total Common Equity	3,036	3,396	4,060	4,595	5,331	7,461	7,840	7,625	7,293	7,513
Common Stock	2,130	1,352	1,052	660	3.00	3.00	3.00	3.00	3.00	3.00
Retained Earnings	904	2,060	3,027	4,062	5,358	7,508	7,887	7,607	7,357	7,582
Accumulated Other Comprehensive Income / (Loss)	2.00	-16	-19	-127	-30	-50	-50	15	-67	-72

This table presents Electronic Arts' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Total Assets	13,192	13,079	13,470	13,459	13,083	13,139	13,617	13,420	12,708	13,136	13,451
Total Current Assets	3,517	3,442	3,842	3,969	3,574	3,844	4,349	4,247	3,587	3,972	4,272
Cash & Equivalents	2,082	1,539	2,202	2,424	2,259	1,946	2,742	2,900	2,400	2,197	2,776
Short-Term Investments	334	335	351	343	343	359	362	362	366	366	379
Accounts Receivable	579	919	836	684	517	1,047	867	565	433	1,012	742
Other Current Assets	522	649	453	518	455	492	378	420	388	397	375
Plant, Property, & Equipment, net	545	531	553	549	545	542	561	578	558	578	566
Total Noncurrent Assets	9,130	9,106	9,075	8,941	8,964	8,753	8,707	8,595	8,563	8,586	8,613
Goodwill	5,382	5,375	5,380	5,380	5,381	5,378	5,382	5,379	5,379	5,381	5,376
Intangible Assets	893	811	735	618	577	538	501	400	373	346	320
Noncurrent Deferred & Refundable Income Taxes	2,327	2,395	2,443	2,462	2,555	2,353	2,375	2,380	2,393	2,431	2,467
Other Noncurrent Operating Assets	528	525	517	481	451	484	449	436	418	428	450
Total Liabilities & Shareholders' Equity	13,192	13,079	13,470	13,459	13,083	13,139	13,617	13,420	12,708	13,136	13,451
Total Liabilities	5,551	5,281	5,919	6,166	5,749	5,564	6,084	5,907	5,308	5,728	6,039
Total Current Liabilities	2,833	2,561	3,113	3,285	2,800	2,788	3,280	3,090	2,468	2,787	3,104
Accounts Payable	70	136	62	99	75	152	62	1,276	80	1,312	1,298
Current Deferred Revenue	1,548	1,391	1,808	1,901	1,580	1,498	1,919	1,814	1,412	1,475	1,806
Total Noncurrent Liabilities	2,718	2,720	2,806	2,881	2,949	2,776	2,804	2,817	2,840	2,941	2,935
Long-Term Debt	1,878	1,879	1,879	1,880	1,880	1,881	1,881	1,882	1,882	1,883	1,883
Noncurrent Deferred & Payable Income Tax Liabilities	439	479	526	608	682	459	484	497	526	552	573
Other Noncurrent Operating Liabilities	401	362	401	393	387	436	439	438	432	506	479
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	7,641	7,798	7,551	7,293	7,334	7,575	7,533	7,513	7,400	7,408	7,412
Total Preferred & Common Equity	7,641	7,798	7,551	7,293	7,334	7,575	7,533	7,513	7,400	7,408	7,412
Total Common Equity	7,641	7,798	7,551	7,293	7,334	7,575	7,533	7,513	7,400	7,408	7,412
Common Stock	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Retained Earnings	7,567	7,658	7,585	7,357	7,406	7,606	7,614	7,582	7,457	7,520	7,472
Accumulated Other Comprehensive Income / (Loss)	71	137	-37	-67	-75	-34	-84	-72	-60	-115	-63

This table displays calculated financial ratios and metrics derived from Electronic Arts' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	26.29%	-2.64%	10.21%	6.30%	-3.88%	11.86%	1.66%	24.20%	6.22%	1.83%
EBITDA Growth	3,982.61%	-5.86%	56.33%	14.69%	-22.78%	35.46%	-27.74%	30.80%	18.83%	7.04%
EBIT Growth	13,114.29%	-5.19%	37.97%	19.75%	-25.53%	39.76%	-32.56%	6.29%	22.66%	19.83%
NOPAT Growth	2,277.76%	32.00%	-17.36%	5.52%	-8.87%	209.59%	-70.44%	-4.28%	-2.23%	50.95%
Net Income Growth	10,837.50%	32.11%	-16.35%	7.86%	-2.30%	198.23%	-72.46%	-5.73%	1.65%	58.73%
EPS Growth	8,866.67%	30.11%	-12.00%	8.44%	-0.30%	209.31%	-72.14%	-3.83%	4.35%	62.50%
Operating Cash Flow Growth	74.64%	49.70%	24.45%	7.22%	-8.57%	16.16%	7.62%	-1.81%	-18.38%	49.35%
Free Cash Flow Firm Growth	62.01%	26.18%	5.06%	10.22%	-75.54%	237.96%	-78.24%	-1,073.50%	137.08%	77.14%
Invested Capital Growth	1.73%	10.19%	-27.45%	-50.58%	243.75%	209.32%	23.07%	92.27%	-0.54%	-4.26%
Revenue Q/Q Growth	1.39%	2.88%	4.73%	1.08%	-24.81%	35.08%	-0.72%	7.36%	0.66%	-1.24%
EBITDA Q/Q Growth	6.70%	16.78%	34.70%	11.94%	-25.23%	13.48%	-16.11%	21.19%	-7.13%	2.84%
EBIT Q/Q Growth	6.94%	17.25%	18.63%	2.69%	-33.15%	14.85%	-19.67%	21.46%	-11.66%	5.23%
NOPAT Q/Q Growth	2.67%	78.21%	-26.41%	3.97%	-31.01%	8.96%	-27.33%	22.04%	-23.53%	16.65%
Net Income Q/Q Growth	3.31%	77.30%	-25.62%	4.09%	-28.09%	7.39%	-29.01%	23.28%	-22.81%	17.98%
EPS Q/Q Growth	-0.37%	81.35%	-23.76%	4.38%	-27.45%	8.31%	-29.66%	23.77%	-22.37%	17.59%
Operating Cash Flow Q/Q Growth	-22.51%	98.13%	-1.80%	8.67%	-6.81%	-5.32%	-6.16%	4.00%	12.56%	-1.57%
Free Cash Flow Firm Q/Q Growth	-11.64%	21.33%	3.70%	15.68%	-16.78%	-12.27%	-85.12%	36.21%	28.24%	-7.48%
Invested Capital Q/Q Growth	70.53%	480.49%	61.88%	31.96%	-25.23%	3.50%	48.89%	-0.59%	-6.85%	-2.81%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	68.35%	69.20%	73.21%	75.20%	73.29%	75.28%	73.46%	73.41%	75.87%	77.39%
EBITDA Margin	20.80%	20.11%	28.52%	30.78%	24.73%	29.94%	21.28%	22.41%	25.07%	26.36%
Operating Margin	21.00%	20.43%	25.26%	27.84%	20.12%	26.10%	18.58%	16.15%	17.94%	20.07%
EBIT Margin	20.49%	19.95%	24.97%	28.14%	21.80%	27.24%	18.07%	15.46%	17.86%	21.01%
Profit (Net Income) Margin	19.38%	26.30%	19.96%	20.25%	20.59%	54.89%	14.87%	11.29%	10.80%	16.83%
Tax Burden Percent	94.59%	131.81%	79.92%	71.98%	94.44%	201.53%	82.30%	72.99%	60.48%	80.11%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	5.41%	-31.81%	20.08%	28.02%	5.56%	-101.53%	17.70%	27.01%	39.52%	19.89%
Return on Invested Capital (ROIC)	139.57%	173.82%	158.80%	266.72%	165.60%	161.69%	28.36%	16.83%	12.54%	19.40%
ROIC Less NNEP Spread (ROIC-NNEP)	140.61%	174.90%	159.16%	266.45%	163.82%	158.93%	28.87%	18.07%	12.89%	14.38%
Return on Net Nonoperating Assets (RNNOA)	-107.69%	-138.05%	-132.86%	-242.62%	-145.07%	-114.18%	-17.41%	-6.63%	-1.79%	-2.20%
Return on Equity (ROE)	31.88%	35.76%	25.93%	24.10%	20.53%	47.51%	10.94%	10.20%	10.75%	17.20%
Cash Return on Invested Capital (CROIC)	137.86%	164.12%	190.62%	334.42%	55.74%	59.41%	7.67%	-46.31%	13.09%	23.75%
Operating Return on Assets (OROA)	15.59%	13.29%	16.39%	17.78%	12.30%	15.03%	8.34%	7.98%	9.73%	11.82%
Return on Assets (ROA)	14.75%	17.52%	13.10%	12.80%	11.62%	30.29%	6.86%	5.83%	5.88%	9.47%
Return on Common Equity (ROCE)	31.70%	35.58%	25.92%	24.10%	20.53%	47.51%	10.94%	10.20%	10.75%	17.20%
Return on Equity Simple (ROE_SIMPLE)	28.82%	34.04%	23.82%	22.70%	19.11%	40.73%	10.68%	10.35%	11.00%	16.94%
Net Operating Profit after Tax (NOPAT)	897	1,184	978	1,032	941	2,912	861	824	806	1,216
NOPAT Margin	19.86%	26.93%	20.19%	20.04%	19.00%	52.59%	15.29%	11.79%	10.85%	16.08%
Net Nonoperating Expense Percent (NNEP)	-1.04%	-1.08%	-0.36%	0.27%	1.78%	2.76%	-0.52%	-1.23%	-0.35%	5.02%
Cost of Revenue to Revenue	31.65%	30.80%	26.79%	24.80%	26.71%	24.72%	26.54%	26.59%	24.13%	22.61%
SG&A Expenses to Revenue	8.55%	9.24%	9.06%	9.11%	9.29%	9.14%	10.52%	9.63%	9.79%	9.14%
R&D to Revenue	24.23%	25.23%	24.87%	25.63%	28.95%	28.16%	31.59%	31.27%	31.35%	32.00%
Operating Expenses to Revenue	47.35%	48.77%	47.95%	47.36%	53.17%	49.18%	54.88%	57.26%	57.93%	57.31%
Earnings before Interest and Taxes (EBIT)	925	877	1,210	1,449	1,079	1,508	1,017	1,081	1,326	1,589
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	939	884	1,382	1,585	1,224	1,658	1,198	1,567	1,862	1,993
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.88	5.90	6.66	7.93	5.59	3.81	4.88	4.60	4.50	4.71
Price to Tangible Book Value (P/TBV)	14.73	12.29	11.52	13.79	8.90	5.15	8.20	27.51	25.32	20.43
Price to Revenue (P/Rev)	3.96	4.56	5.58	7.07	6.02	5.13	6.79	5.02	4.42	4.68
Price to Earnings (P/E)	20.41	17.32	27.95	34.92	29.26	9.35	45.67	44.50	40.89	27.82
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.26%	0.54%	0.78%	0.57%
Earnings Yield	4.90%	5.77%	3.58%	2.86%	3.42%	10.69%	2.19%	2.25%	2.45%	3.59%
Enterprise Value to Invested Capital (EV/IC)	23.87	24.29	45.33	125.31	28.83	8.70	10.07	5.27	4.98	5.55
Enterprise Value to Revenue (EV/Rev)	3.43	3.95	4.85	6.23	5.12	4.28	5.99	4.85	4.30	4.50
Enterprise Value to EBITDA (EV/EBITDA)	16.47	19.62	16.99	20.24	20.72	14.28	28.16	21.65	17.14	17.08
Enterprise Value to EBIT (EV/EBIT)	16.72	19.78	19.41	22.14	23.51	15.70	33.18	31.38	24.06	21.42
Enterprise Value to NOPAT (EV/NOPAT)	17.25	14.65	24.01	31.08	26.97	8.13	39.19	41.17	39.60	27.99
Enterprise Value to Operating Cash Flow (EV/OCF)	18.26	13.68	14.88	18.96	16.40	13.18	17.45	17.86	20.58	14.70
Enterprise Value to Free Cash Flow (EV/FCFF)	17.47	15.52	20.00	24.79	80.12	22.13	144.89	0.00	37.95	22.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.20	0.34	0.24	0.22	0.19	0.13	0.24	0.25	0.26	0.25
Long-Term Debt to Equity	0.00	0.29	0.24	0.22	0.19	0.05	0.24	0.25	0.26	0.25
Financial Leverage	-0.77	-0.79	-0.83	-0.91	-0.89	-0.72	-0.60	-0.37	-0.14	-0.15
Leverage Ratio	2.16	2.04	1.98	1.88	1.77	1.57	1.59	1.75	1.83	1.82
Compound Leverage Factor	2.16	2.04	1.98	1.88	1.77	1.57	1.59	1.75	1.83	1.82
Debt to Total Capital	16.41%	25.29%	19.60%	17.76%	15.72%	11.78%	19.31%	19.76%	20.49%	20.03%
Short-Term Debt to Total Capital	16.41%	3.54%	0.00%	0.00%	0.00%	7.08%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	21.75%	19.60%	17.76%	15.72%	4.69%	19.31%	19.76%	20.49%	20.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.84%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	82.75%	74.67%	80.40%	82.24%	84.28%	88.22%	80.69%	80.24%	79.51%	79.97%
Debt to EBITDA	0.64	1.30	0.72	0.63	0.81	0.60	1.57	1.20	1.01	0.94
Net Debt to EBITDA	-2.58	-3.04	-2.56	-2.74	-3.64	-2.86	-3.75	-0.76	-0.48	-0.69
Long-Term Debt to EBITDA	0.00	1.12	0.72	0.63	0.81	0.24	1.57	1.20	1.01	0.94
Debt to NOPAT	0.67	0.97	1.01	0.96	1.06	0.34	2.18	2.28	2.33	1.55
Net Debt to NOPAT	-2.70	-2.27	-3.62	-4.20	-4.73	-1.63	-5.22	-1.44	-1.10	-1.13
Long-Term Debt to NOPAT	0.00	0.84	1.01	0.96	1.06	0.14	2.18	2.28	2.33	1.55
Altman Z-Score	5.11	5.06	6.56	7.79	7.27	6.98	6.10	5.00	4.89	5.45
Noncontrolling Interest Sharing Ratio	0.56%	0.51%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.35	1.80	2.15	2.41	2.82	2.45	2.43	1.18	1.21	1.37
Quick Ratio	1.23	1.68	2.03	2.29	2.68	2.33	2.32	1.06	1.05	1.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	886	1,118	1,174	1,294	317	1,070	233	-2,267	841	1,489
Operating Cash Flow to CapEx	891.58%	1,363.44%	1,282.93%	1,581.31%	1,300.00%	1,283.57%	1,559.68%	1,010.11%	748.79%	1,163.32%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.76	0.67	0.66	0.63	0.56	0.55	0.46	0.52	0.54	0.56
Accounts Receivable Turnover	13.11	14.78	16.37	13.84	9.82	10.22	11.46	11.94	11.13	12.11
Inventory Turnover	31.07	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	9.32	9.79	11.10	11.61	10.99	12.35	11.98	13.43	13.51	13.42
Accounts Payable Turnover	15.28	17.25	14.75	18.92	16.42	15.13	18.22	18.87	17.92	16.36
Days Sales Outstanding (DSO)	27.85	24.70	22.30	26.37	37.16	35.73	31.84	30.57	32.78	30.14
Days Inventory Outstanding (DIO)	11.75	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	23.88	21.16	24.75	19.29	22.23	24.13	20.03	19.34	20.37	22.31
Cash Conversion Cycle (CCC)	15.72	3.54	-2.45	7.07	14.94	11.60	11.80	11.23	12.42	7.84
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	648	714	518	256	880	2,722	3,350	6,441	6,406	6,133
Invested Capital Turnover	7.03	6.46	7.87	13.31	8.71	3.07	1.85	1.43	1.16	1.21
Increase / (Decrease) in Invested Capital	11	66	-196	-262	624	1,842	628	3,091	-35	-273
Enterprise Value (EV)	15,470	17,344	23,483	32,080	25,367	23,678	33,739	33,925	31,906	34,038
Market Capitalization	17,858	20,026	27,025	36,419	29,818	28,417	38,229	35,109	32,793	35,418
Book Value per Share	$9.79	$10.98	$13.17	$14.98	$17.79	$25.76	$27.26	$27.11	$26.59	$28.10
Tangible Book Value per Share	$3.91	$5.27	$7.61	$8.61	$11.19	$19.07	$16.21	$4.54	$4.72	$6.49
Total Capital	3,669	4,548	5,050	5,587	6,325	8,457	9,716	9,503	9,173	9,395
Total Debt	602	1,150	990	992	994	996	1,876	1,878	1,880	1,882
Total Long-Term Debt	0.00	989	990	992	994	397	1,876	1,878	1,880	1,882
Net Debt	-2,419	-2,684	-3,542	-4,339	-4,451	-4,739	-4,490	-1,184	-887	-1,380
Capital Expenditures (CapEx)	95	93	123	107	119	140	124	188	207	199
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,446	-1,737	-1,748	-1,818	-1,329	-1,283	-2,117	-2,424	-2,083	-2,105
Debt-free Net Working Capital (DFNWC)	1,575	2,097	2,784	3,513	4,116	4,452	4,249	638	684	1,157
Net Working Capital (NWC)	973	1,936	2,784	3,513	4,116	3,853	4,249	638	684	1,157
Net Nonoperating Expense (NNE)	22	28	11	-11	-78	-127	24	35	3.63	-57
Net Nonoperating Obligations (NNO)	-2,419	-2,684	-3,542	-4,339	-4,451	-4,739	-4,490	-1,184	-887	-1,380
Total Depreciation and Amortization (D&A)	14	7.00	172	136	145	150	181	486	536	404
Debt-free, Cash-free Net Working Capital to Revenue	-32.03%	-39.51%	-36.08%	-35.30%	-26.85%	-23.17%	-37.61%	-34.67%	-28.05%	-27.84%
Debt-free Net Working Capital to Revenue	34.88%	47.70%	57.46%	68.21%	83.15%	80.40%	75.48%	9.13%	9.21%	15.30%
Net Working Capital to Revenue	21.55%	44.04%	57.46%	68.21%	83.15%	69.59%	75.48%	9.13%	9.21%	15.30%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.81	$3.73	$3.19	$3.39	$3.36	$10.37	$2.90	$2.78	$2.90	$4.71
Adjusted Weighted Average Basic Shares Outstanding	311M	310M	303M	308M	303M	293M	289M	284M	277M	270M
Adjusted Diluted Earnings per Share	$2.69	$3.50	$3.08	$3.34	$3.33	$10.30	$2.87	$2.76	$2.88	$4.68
Adjusted Weighted Average Diluted Shares Outstanding	325M	330M	314M	312M	306M	295M	292M	286M	278M	272M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	314.61M	301.61M	310.03M	306.83M	297.26M	288.69M	286.19M	279.89M	272.71M	266.38M
Normalized Net Operating Profit after Tax (NOPAT)	894	629	978	1,032	954	1,015	861	824	873	1,266
Normalized NOPAT Margin	19.80%	14.30%	20.19%	20.04%	19.27%	18.33%	15.29%	11.79%	11.75%	16.74%
Pre Tax Income Margin	20.49%	19.95%	24.97%	28.14%	21.80%	27.24%	18.07%	15.46%	17.86%	21.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.71%	24.46%	26.18%	16.10%
Augmented Payout Ratio	38.51%	88.06%	52.53%	57.62%	116.98%	39.72%	98.81%	189.23%	187.66%	118.22%

This table displays calculated financial ratios and metrics derived from Electronic Arts' official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.93%	4.27%	5.14%	2.68%	8.89%	0.53%	3.40%	-5.07%	-13.72%	5.80%	-3.19%
EBITDA Growth	33.17%	31.90%	70.46%	-28.77%	17.09%	-14.08%	14.85%	15.54%	-26.40%	9.45%	3.45%
EBIT Growth	41.56%	30.98%	209.89%	-49.16%	27.52%	-8.43%	35.46%	43.65%	-29.14%	2.05%	6.02%
NOPAT Growth	47.50%	-2.49%	182.60%	-105.03%	24.58%	28.67%	32.54%	1,511.80%	-33.99%	-26.45%	-1.57%
Net Income Growth	52.45%	1.70%	209.09%	-105.33%	29.26%	33.44%	42.16%	1,616.67%	-30.35%	-26.32%	1.03%
EPS Growth	56.34%	4.90%	217.39%	-103.75%	32.43%	37.38%	46.58%	2,333.33%	-29.25%	-24.49%	3.74%
Operating Cash Flow Growth	45.45%	-275.00%	-26.79%	38.96%	560.26%	200.00%	12.56%	-6.00%	-66.57%	108.93%	-6.96%
Free Cash Flow Firm Growth	68.39%	105.82%	95.45%	100.82%	197.83%	303.39%	546.76%	1,766.84%	-59.83%	-31.91%	-47.55%
Invested Capital Growth	20.68%	0.54%	6.14%	-0.54%	-6.91%	-8.36%	-8.24%	-4.26%	-1.45%	-5.92%	-2.69%
Revenue Q/Q Growth	-3.18%	7.75%	-1.21%	-0.37%	2.67%	-0.52%	1.62%	-8.53%	-6.69%	21.99%	-7.01%
EBITDA Q/Q Growth	10.66%	0.73%	-27.08%	-12.38%	81.92%	-26.09%	-2.52%	-11.85%	15.89%	9.92%	-7.87%
EBIT Q/Q Growth	22.47%	-2.06%	-33.96%	-35.82%	207.18%	-29.68%	-2.30%	-31.94%	51.54%	1.27%	1.50%
NOPAT Q/Q Growth	36.36%	-4.95%	-30.08%	-105.55%	3,477.61%	-1.83%	-27.97%	-40.89%	57.92%	9.38%	-3.61%
Net Income Q/Q Growth	38.22%	-3.86%	-31.77%	-105.88%	3,450.00%	-0.75%	-27.32%	-37.24%	53.85%	5.00%	-0.34%
EPS Q/Q Growth	38.75%	-3.60%	-31.78%	-104.11%	5,000.00%	0.00%	-27.21%	-37.38%	55.22%	6.73%	0.00%
Operating Cash Flow Q/Q Growth	-117.57%	-43.59%	1,102.68%	-45.06%	-41.82%	-68.80%	1,028.57%	-54.11%	-79.31%	95.00%	402.56%
Free Cash Flow Firm Q/Q Growth	68.45%	128.48%	-173.52%	112.38%	3,673.34%	17.42%	-18.58%	-48.25%	-18.80%	99.04%	-37.28%
Invested Capital Q/Q Growth	10.28%	9.86%	-11.87%	-6.85%	3.22%	8.15%	-11.76%	-2.81%	6.24%	3.25%	-8.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	82.23%	75.74%	69.80%	76.09%	80.87%	76.18%	72.80%	79.93%	84.16%	77.48%	75.78%
EBITDA Margin	31.13%	29.10%	21.48%	18.89%	33.47%	24.87%	23.86%	22.99%	28.55%	25.73%	25.49%
Operating Margin	24.96%	22.43%	15.36%	9.34%	28.17%	19.70%	18.77%	13.15%	21.93%	18.96%	20.02%
EBIT Margin	24.67%	22.43%	14.99%	9.66%	28.90%	20.43%	19.64%	14.62%	23.73%	19.70%	21.51%
Profit (Net Income) Margin	17.60%	15.70%	10.85%	-0.64%	20.89%	20.85%	14.91%	10.23%	16.87%	14.52%	15.56%
Tax Burden Percent	71.33%	70.02%	72.34%	-6.63%	72.30%	102.05%	75.92%	70.00%	71.07%	73.68%	72.35%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	28.67%	29.98%	27.66%	106.63%	27.70%	-2.05%	24.08%	30.00%	28.93%	26.32%	27.65%
Return on Invested Capital (ROIC)	19.76%	14.70%	12.28%	-0.72%	22.52%	20.41%	16.54%	11.11%	17.33%	14.92%	17.10%
ROIC Less NNEP Spread (ROIC-NNEP)	20.06%	14.70%	12.84%	-0.68%	20.92%	13.59%	15.18%	9.50%	14.67%	12.92%	15.47%
Return on Net Nonoperating Assets (RNNOA)	-3.11%	-0.08%	-1.53%	0.09%	-1.76%	-0.37%	-1.91%	-1.45%	-1.60%	-0.95%	-2.58%
Return on Equity (ROE)	16.65%	14.62%	10.74%	-0.62%	20.76%	20.04%	14.63%	9.65%	15.73%	13.97%	14.51%
Cash Return on Invested Capital (CROIC)	-4.50%	11.26%	9.82%	13.09%	20.07%	21.75%	24.41%	23.75%	17.93%	20.24%	18.44%
Operating Return on Assets (OROA)	13.72%	12.52%	8.07%	5.26%	16.68%	11.83%	11.10%	8.22%	13.43%	11.11%	11.68%
Return on Assets (ROA)	9.79%	8.77%	5.84%	-0.35%	12.06%	12.07%	8.43%	5.76%	9.55%	8.19%	8.45%
Return on Common Equity (ROCE)	16.65%	14.62%	10.74%	-0.62%	20.76%	20.04%	14.63%	9.65%	15.73%	13.97%	14.51%
Return on Equity Simple (ROE_SIMPLE)	11.73%	11.55%	13.76%	0.00%	12.18%	13.11%	14.32%	0.00%	15.55%	14.12%	14.15%
Net Operating Profit after Tax (NOPAT)	315	299	209	-12	392	385	277	164	259	283	273
NOPAT Margin	17.80%	15.70%	11.11%	-0.62%	20.37%	20.10%	14.25%	9.21%	15.58%	13.97%	14.48%
Net Nonoperating Expense Percent (NNEP)	-0.30%	0.00%	-0.56%	-0.04%	1.61%	6.82%	1.36%	1.61%	2.66%	2.00%	1.62%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	2.94%	-	-	-	2.93%
Cost of Revenue to Revenue	17.77%	24.26%	30.20%	23.91%	19.13%	23.82%	27.20%	20.07%	15.84%	22.52%	24.22%
SG&A Expenses to Revenue	9.45%	9.14%	8.61%	11.95%	8.47%	9.04%	8.74%	10.40%	10.84%	9.73%	9.35%
R&D to Revenue	32.37%	29.67%	29.56%	33.88%	30.98%	31.45%	30.03%	35.86%	37.89%	32.00%	32.18%
Operating Expenses to Revenue	57.27%	53.31%	54.44%	66.76%	52.70%	56.48%	54.04%	66.78%	62.23%	58.52%	55.76%
Earnings before Interest and Taxes (EBIT)	436	427	282	181	556	391	382	260	394	399	405
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	550	554	404	354	644	476	464	409	474	521	480
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.40	4.08	4.43	4.50	4.80	4.28	4.86	4.71	5.02	5.12	5.18
Price to Tangible Book Value (P/TBV)	24.63	19.75	23.28	25.32	25.56	19.55	22.19	20.43	22.52	22.54	22.36
Price to Revenue (P/Rev)	4.67	4.37	4.53	4.42	4.64	4.27	4.78	4.68	5.09	5.12	5.22
Price to Earnings (P/E)	37.55	35.34	32.18	40.89	39.38	32.67	33.93	27.82	32.25	36.23	36.58
Dividend Yield	0.58%	0.63%	0.75%	0.78%	0.74%	0.63%	0.56%	0.57%	0.55%	0.53%	0.52%
Earnings Yield	2.66%	2.83%	3.11%	2.45%	2.54%	3.06%	2.95%	3.59%	3.10%	2.76%	2.73%
Enterprise Value to Invested Capital (EV/IC)	4.66	4.08	4.76	4.98	5.21	4.48	5.61	5.55	5.56	5.53	6.04
Enterprise Value to Revenue (EV/Rev)	4.59	4.37	4.44	4.30	4.54	4.22	4.62	4.50	4.96	5.02	5.05
Enterprise Value to EBITDA (EV/EBITDA)	19.43	17.33	16.34	17.14	17.61	17.05	18.26	17.08	19.87	19.92	19.69
Enterprise Value to EBIT (EV/EBIT)	27.38	24.31	21.82	24.06	23.82	22.71	23.43	21.42	25.39	25.94	25.44
Enterprise Value to NOPAT (EV/NOPAT)	35.80	34.68	31.09	39.60	38.92	32.87	33.94	27.99	33.52	37.90	37.94
Enterprise Value to Operating Cash Flow (EV/OCF)	16.86	17.81	23.79	20.58	17.34	14.48	15.04	14.70	17.45	16.93	17.58
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	36.34	49.97	37.95	25.03	19.69	21.98	22.86	30.79	26.49	32.32
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.25	0.24	0.25	0.26	0.26	0.25	0.25	0.25	0.25	0.25	0.25
Long-Term Debt to Equity	0.25	0.24	0.25	0.26	0.26	0.25	0.25	0.25	0.25	0.25	0.25
Financial Leverage	-0.15	-0.01	-0.12	-0.14	-0.08	-0.03	-0.13	-0.15	-0.11	-0.07	-0.17
Leverage Ratio	1.69	1.67	1.81	1.83	1.75	1.71	1.80	1.82	1.75	1.75	1.81
Compound Leverage Factor	1.69	1.67	1.81	1.83	1.75	1.71	1.80	1.82	1.75	1.75	1.81
Debt to Total Capital	19.73%	19.42%	19.93%	20.49%	20.40%	19.89%	19.98%	20.03%	20.28%	20.27%	20.26%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	19.73%	19.42%	19.93%	20.49%	20.40%	19.89%	19.98%	20.03%	20.28%	20.27%	20.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	80.27%	80.58%	80.07%	79.51%	79.60%	80.11%	80.02%	79.97%	79.72%	79.73%	79.74%
Debt to EBITDA	1.10	1.02	0.94	1.01	0.96	1.00	0.97	0.94	1.03	1.01	1.00
Net Debt to EBITDA	-0.32	0.00	-0.34	-0.48	-0.37	-0.23	-0.63	-0.69	-0.48	-0.36	-0.68
Long-Term Debt to EBITDA	1.10	1.02	0.94	1.01	0.96	1.00	0.97	0.94	1.03	1.01	1.00
Debt to NOPAT	2.03	2.05	1.78	2.33	2.12	1.93	1.80	1.55	1.74	1.92	1.93
Net Debt to NOPAT	-0.58	0.01	-0.64	-1.10	-0.82	-0.44	-1.17	-1.13	-0.82	-0.69	-1.30
Long-Term Debt to NOPAT	2.03	2.05	1.78	2.33	2.12	1.93	1.80	1.55	1.74	1.92	1.93
Altman Z-Score	5.16	5.18	4.86	4.61	5.25	5.08	5.14	5.12	5.80	5.54	5.34
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.24	1.34	1.23	1.21	1.28	1.38	1.33	1.37	1.45	1.43	1.38
Quick Ratio	1.06	1.09	1.09	1.05	1.11	1.20	1.21	1.24	1.30	1.28	1.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-902	257	-189	23	883	1,037	844	437	355	706	443
Operating Cash Flow to CapEx	-132.20%	-211.32%	2,339.58%	1,312.77%	797.78%	219.61%	2,430.77%	1,137.25%	179.10%	468.00%	2,352.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.56	0.56	0.54	0.54	0.58	0.58	0.57	0.56	0.57	0.56	0.54
Accounts Receivable Turnover	12.69	7.47	8.19	11.13	13.84	7.72	8.99	12.11	15.36	7.20	9.13
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	13.66	13.92	13.72	13.51	13.91	14.15	13.75	13.42	13.23	13.23	13.04
Accounts Payable Turnover	25.99	13.43	23.82	17.92	25.46	12.78	29.05	16.36	20.71	2.19	2.25
Days Sales Outstanding (DSO)	28.77	48.85	44.56	32.78	26.38	47.25	40.59	30.14	23.76	50.72	39.97
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	14.05	27.19	15.32	20.37	14.34	28.57	12.57	22.31	17.62	166.47	162.01
Cash Conversion Cycle (CCC)	14.72	21.67	29.23	12.42	12.04	18.69	28.02	7.84	6.13	-115.75	-122.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,103	7,803	6,877	6,406	6,612	7,151	6,310	6,133	6,516	6,728	6,140
Invested Capital Turnover	1.11	0.94	1.10	1.16	1.11	1.02	1.16	1.21	1.11	1.07	1.18
Increase / (Decrease) in Invested Capital	1,217	42	398	-35	-491	-652	-567	-273	-96	-423	-170
Enterprise Value (EV)	33,108	31,844	32,757	31,906	34,446	32,017	35,383	34,038	36,231	37,217	37,099
Market Capitalization	33,646	31,839	33,431	32,793	35,168	32,441	36,606	35,418	37,115	37,897	38,371
Book Value per Share	$27.30	$28.05	$27.35	$26.59	$26.89	$27.96	$28.01	$28.10	$27.78	$28.04	$28.26
Tangible Book Value per Share	$4.88	$5.80	$5.20	$4.72	$5.05	$6.12	$6.13	$6.49	$6.19	$6.36	$6.54
Total Capital	9,519	9,677	9,430	9,173	9,214	9,456	9,414	9,395	9,282	9,291	9,295
Total Debt	1,878	1,879	1,879	1,880	1,880	1,881	1,881	1,882	1,882	1,883	1,883
Total Long-Term Debt	1,878	1,879	1,879	1,880	1,880	1,881	1,881	1,882	1,882	1,883	1,883
Net Debt	-538	5.00	-674	-887	-722	-424	-1,223	-1,380	-884	-680	-1,272
Capital Expenditures (CapEx)	59	53	48	47	45	51	52	51	67	50	50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,732	-993	-1,824	-2,083	-1,828	-1,249	-2,035	-2,105	-1,647	-1,378	-1,987
Debt-free Net Working Capital (DFNWC)	684	881	729	684	774	1,056	1,069	1,157	1,119	1,185	1,168
Net Working Capital (NWC)	684	881	729	684	774	1,056	1,069	1,157	1,119	1,185	1,168
Net Nonoperating Expense (NNE)	3.57	0.00	5.06	0.40	-10	-14	-13	-18	-21	-11	-20
Net Nonoperating Obligations (NNO)	-538	5.00	-674	-887	-722	-424	-1,223	-1,380	-884	-680	-1,272
Total Depreciation and Amortization (D&A)	114	127	122	173	88	85	82	149	80	122	75
Debt-free, Cash-free Net Working Capital to Revenue	-24.03%	-13.63%	-24.73%	-28.05%	-24.11%	-16.45%	-26.58%	-27.84%	-22.57%	-18.60%	-27.05%
Debt-free Net Working Capital to Revenue	9.49%	12.09%	9.88%	9.21%	10.21%	13.91%	13.96%	15.30%	15.33%	15.99%	15.90%
Net Working Capital to Revenue	9.49%	12.09%	9.88%	9.21%	10.21%	13.91%	13.96%	15.30%	15.33%	15.99%	15.90%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.11	$1.08	$0.74	($0.03)	$1.48	$1.47	$1.08	$0.68	$1.05	$1.11	$1.12
Adjusted Weighted Average Basic Shares Outstanding	279M	278M	276M	277M	272M	271M	269M	270M	266M	264M	262M
Adjusted Diluted Earnings per Share	$1.11	$1.07	$0.73	($0.03)	$1.47	$1.47	$1.07	$0.67	$1.04	$1.11	$1.11
Adjusted Weighted Average Diluted Shares Outstanding	281M	279M	278M	278M	274M	272M	271M	272M	268M	266M	265M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	278.05M	276.08M	274.23M	272.71M	270.91M	268.97M	267.35M	266.38M	264.20M	262.27M	260.62M
Normalized Net Operating Profit after Tax (NOPAT)	315	299	209	200	393	265	277	205	260	321	273
Normalized NOPAT Margin	17.80%	15.70%	11.11%	10.68%	20.41%	13.86%	14.25%	11.53%	15.67%	15.83%	14.52%
Pre Tax Income Margin	24.67%	22.43%	14.99%	9.66%	28.90%	20.43%	19.64%	14.62%	23.73%	19.70%	21.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.99%	22.42%	19.83%	26.18%	23.40%	20.85%	19.09%	16.10%	17.64%	19.41%	19.26%
Augmented Payout Ratio	166.52%	166.15%	144.47%	187.66%	168.98%	151.76%	139.57%	118.22%	134.93%	153.25%	158.25%

Frequently Asked Questions About Electronic Arts' Financials

When does Electronic Arts's fiscal year end?

According to the most recent income statement we have on file, Electronic Arts' financial year ends in March. Their financial year 2024 ended on March 31, 2024.

How has Electronic Arts' net income changed over the last 9 years?

Electronic Arts' net income were at $1.27 billion at the end of 2024, a 58.7% increase from 2023, and a 45.5% increase since 2015. View Electronic Arts' forecast to see where analysts expect Electronic Arts to go next.

What is Electronic Arts's operating income?

Electronic Arts's total operating income in 2024 was $1.52 billion, based on the following breakdown:

Total Gross Profit: $5.85 billion
Total Operating Expenses: $4.33 billion

How has Electronic Arts revenue changed over the last 9 years?

Over the last 9 years, Electronic Arts' total revenue changed from $4.52 billion in 2015 to $7.56 billion in 2024, a change of 67.5%.

How much debt does Electronic Arts have?

Electronic Arts' total liabilities were at $5.91 billion at the end of 2024, a 4.2% decrease from 2023, and a 91.8% increase since 2015.

How much cash does Electronic Arts have?

In the past 9 years, Electronic Arts' cash and equivalents has ranged from $2.07 billion in 2015 to $5.26 billion in 2021, and is currently $2.90 billion as of their latest financial filing in 2024.

How has Electronic Arts' book value per share changed over the last 9 years?

Over the last 9 years, Electronic Arts' book value per share changed from 9.79 in 2015 to 28.10 in 2024, a change of 187.0%.

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This page (NASDAQ:EA) was last updated on 5/7/2025 by MarketBeat.com Staff

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Electronic Arts (EA) Financials

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Electronic Arts (EA) Financials

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