BigBear.ai Holdings, Inc. (BBAI) Financial Ratios
7 years of historical data (2019–2025) · Technology · Information Technology Services
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
25.63
↑+40% vs avg
5yr avg: 18.31
30Y Low4.9·High31.7
ROE
↑
-96.7%
↓+38% vs avg
5yr avg: -157.1%
30Y Low-264%·High53%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BBAI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BigBear.ai Holdings, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $20.7B | $19.4B | $1.0B | $319M | $86M | $606M | — | — |
| Enterprise Value | $20.6B | $19.3B | $1.1B | $487M | $274M | $731M | — | — |
| P/E Ratio → | -5.33 | — | — | — | — | — | — | — |
| P/S Ratio | 161.92 | 151.76 | 6.57 | 2.06 | 0.55 | 4.16 | — | — |
| P/B Ratio | 25.63 | 31.67 | — | — | — | 4.95 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
BBAI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 151.27 | 7.18 | 3.14 | 1.77 | 5.02 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
BBAI Profitability
Margins and return-on-capital ratios measuring operating efficiency
BigBear.ai Holdings, Inc. earns an operating margin of -65.3%. Operating margins have compressed from -25.2% to -65.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -96.7% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.3% | 22.3% | 28.6% | 26.2% | 27.7% | 23.4% | 23.7% | 23.8% |
| Operating Margin | -65.3% | -65.3% | -84.3% | -25.2% | -71.3% | -53.9% | -5.0% | 8.7% |
| Net Profit Margin | -230.2% | -230.2% | -186.8% | -45.5% | -71.8% | -84.9% | -2.8% | 8.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | -96.7% | -96.7% | — | — | -263.6% | -110.9% | -4.5% | 53.5% |
| ROA | -47.5% | -47.5% | -108.7% | -35.8% | -38.5% | -41.1% | -2.2% | 39.2% |
| ROIC | -19.5% | -19.5% | -103.6% | -23.4% | -41.7% | -26.4% | -3.3% | 47.7% |
| ROCE | -19.6% | -19.6% | -98.1% | -26.8% | -46.7% | -30.2% | -4.2% | 54.6% |
BBAI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $87M exceeds total debt of $24M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | — | — | — | 1.59 | 1.07 | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.10 | — | — | — | 1.03 | 0.97 | -0.14 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | -0.26 |
| Debt / FCF | — | — | — | — | — | — | 105.52 | -0.40 |
| Interest Coverage | -15.22 | -15.22 | -10.53 | -2.13 | -3.87 | -14.78 | — | 50.25 |
Net cash position: cash ($87M) exceeds total debt ($24M)
BBAI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.78x means BigBear.ai Holdings, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.93x to 1.78x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.78 | 1.78 | 0.46 | 0.93 | 1.52 | 2.94 | 2.85 | 3.70 |
| Quick Ratio | 1.78 | 1.78 | 0.46 | 0.93 | 1.52 | 1.50 | 2.85 | 3.70 |
| Cash Ratio | 0.47 | 0.47 | 0.25 | 0.47 | 0.35 | 0.98 | 0.80 | 0.39 |
| Asset Turnover | — | 0.14 | 0.46 | 0.78 | 0.79 | 0.38 | 0.42 | 4.62 |
| Inventory Turnover | — | — | — | — | — | 1.10 | — | — |
| Days Sales Outstanding | — | 64.91 | 91.92 | 62.97 | 73.94 | 73.29 | 95.93 | 68.40 |
BBAI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BigBear.ai Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | 13.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 1.8% | 100.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 1.8% | 100.0% | 0.0% | — | — |
| Shares Outstanding | — | $3.6B | $234M | $149M | $128M | $107M | $105M | $105M |
Peer Comparison
Compare BBAI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BBAIYou | $21B | -5.3 | — | — | 22.3% | -65.3% | -96.7% | -19.5% | — |
 PLTR | $307B | 212.4 | 212.0 | 145.9 | 82.4% | 31.6% | 25.8% | 22.3% | 0.2 |
 KTOS | $12B | 473.2 | 128.2 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 SPIR | $602B | 11.4 | — | — | 40.8% | -121.4% | 0.1% | -0.1% | — |
 AIOT | $451M | -7.7 | 43.4 | — | 53.7% | -7.1% | -17.7% | -4.3% | 18.1 |
 GOVX | $2M | -0.1 | — | — | 100.0% | -869.3% | -0.0% | -0.0% | — |
 SAIC | $4B | 12.3 | 6.4 | 7.4 | 12.0% | 7.1% | 23.3% | 14.2% | 0.3 |
 CACI | $11B | 22.4 | 14.9 | 22.9 | 8.9% | 8.9% | 13.5% | 9.2% | 3.5 |
 LDOS | $17B | 12.1 | 9.0 | 10.5 | 17.7% | 12.3% | 30.9% | 17.1% | 2.5 |
 BAH | $13B | 10.5 | 10.6 | 14.2 | 54.8% | 11.4% | 91.2% | 24.3% | 2.7 |
 MSFT | $3.1T | 30.3 | 19.4 | 42.9 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonBBAI — Frequently Asked Questions
Quick answers to the most common questions about buying BBAI stock.
What is BigBear.ai Holdings, Inc.'s P/E ratio?
BigBear.ai Holdings, Inc.'s current P/E ratio is -5.3x. This places it at the 50th percentile of its historical range.
What is BigBear.ai Holdings, Inc.'s ROE?
BigBear.ai Holdings, Inc.'s return on equity (ROE) is -96.7%. The historical average is -84.4%.
Is BBAI stock overvalued?
Based on historical data, BigBear.ai Holdings, Inc. is trading at a P/E of -5.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are BigBear.ai Holdings, Inc.'s profit margins?
BigBear.ai Holdings, Inc. has 22.3% gross margin and -65.3% operating margin.