Barnes & Noble Education, Inc. (BNED) is a Consumer Discretionary stock trading at $12.03 (as of 2026-08-20), with a market capitalization of $416.76M and a trailing P/E of 20.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates through three segments: Retail, Wholesale, and Digital Student Solutions. The company sells and rents new and used print textbooks, digital textbooks, and publisher hosted digital courseware through physical and virtual bookstores, as well as directly to students through Textbooks.com. It also offers First Day and First Day Complete access programs; BNC OER+, a turnkey solution for colleges and universities, that offers digital content, such as videos, activities, and auto-graded practice assessments; and general merchandise, including collegiate and athletic apparel, school spirit products, lifestyle products, technology products, supplies, graduation products, and convenience items. In addition, the company sources, sells, and distributes new and used textbooks; and sells hardware and a software suite of applications that provides inventory management and point-of-sale solutions to approximately 350 college bookstores. Further, it offers direct-to-student subscription-based writing services; and bartleby, a direct-to-student subscription-based offering that includes textbook solutions, expert questions and answers, and writing and tutoring services. The company operates 805 physical college and university bookstores; 622 virtual bookstores; 8 True Spirit e-commerce websites; pop-up retail locations; 73 customized cafés and 11 stand-alone convenience stores; and a media channel for brands targeting the college demographic. Barnes & Noble Education, Inc. was founded in 1965 and is headquartered in Basking Ridge, New Jersey.
Barnes & Noble Education operates campus and K-12 bookstores, selling and renting print and digital textbooks and publisher hosted courseware, and it also earns revenue by providing students access to course materials through programs like First Day and Textbooks.com.
The profit engine is monetizing required course materials around the school year, through a combination of retail textbook sales and rentals and higher-value campus access programs (First Day, First Day Complete), with smaller contributions from wholesale distribution and digital student solutions.
| Retail | $0.4B |
| Wholesale | $0.0B |
| Digital | $0.0B |
Business quality (Weak): Revenue is tied to course materials and campus access programs, and the operating picture appears to depend heavily on Retail execution, as shown by an identified Retail segment Non-GAAP Adjusted EBITDA loss alongside relatively small Wholesale and Digital segment revenues.
| Price | $12.03 |
| Market Cap | $416.76M |
| P/E Ratio | 20.3 |
| EV / EBITDA | 5.3 |
| Price / Book | 1.42 |
| Price / Sales | 0.22 |
| FCF Yield | -65.1% |
| DCF Value (model) | $8.82 |
| DCF Upside vs Price | -26.7% |
| Revenue (TTM) | $1.71B |
| Net Margin | 1.0% |
| Revenue Growth (YoY) | 6.5% |
| EPS Growth (YoY) | -119.6% |
| FCF Growth (YoY) | -134.4% |
| Altman Z-Score | 2.05 (grey) |
| Piotroski F-Score | 8/9 (strong) |
| Stock P/E | 20.3 |
| Sector P/E (Consumer Discretionary) | 20.5 |
| Industry P/E (Retail) | 19.5 |
| vs Sector | -0.7% |
| vs Industry | 4.1% |
| Top Institutional Holder | IMMERSION CORP ($98.97M) |
| Institutional Holders Tracked | 10 |
| Sector | Consumer Discretionary |
| Industry | Retail |
| CEO | Jonathan Shar |
| Employees | 2,520 |
| Country | US |
| IPO Date | 2015-07-23 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.