Big Lots (BIGGQ) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for Q2 FY2024, filed Sep 12, 2024. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BIGGQ SEC filings page.
Big Lots Inc (BIGGQ) reported $4.5B in revenue over the twelve months to Aug 3, 2024, down 9.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
Sales are shrinking while overhead stays elevated, turning a low-reinvestment business into a loss-making, increasingly debt-financed operation.
Gross margin improved to35.7% in FY2023, yet operating margin fell to-8.2% . With SG&A at45.4% of sales, the pattern points to overhead deleveraging rather than a collapse in product-level margin.
FY2023 operating cash flow was
Liabilities reached
Financial Health Signals
We do not publish a peer-relative financial health score for Big Lots Inc, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Big Lots Inc scores 2.29, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from revenue of $4.7B against total assets of $3.3B. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Big Lots Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.
Big Lots Inc reported a net loss of $481.9M while operations used $252.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Big Lots Inc reported an operating loss of $387.4M against $44.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Big Lots Inc generated $1.0B in revenue in Q2 2024. This represents a decrease of 8.1% from the same quarter a year earlier. Against the prior quarter it is up 3.7%.
Big Lots Inc's EBITDA was -$187.7M in Q2 2024, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Big Lots Inc reported a net loss of $238.5M in Q2 2024. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Big Lots Inc earned -$8.04 per diluted share (EPS) in Q2 2024. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Big Lots Inc recorded an outflow of $27.1M in free cash flow in Q2 2024, representing a cash shortfall after capex. This represents a decrease of 622.4% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Big Lots Inc held $53.5M in cash against $0 in long-term debt as of Q2 2024, with $1.3B of liabilities due within a year.
Big Lots Inc paid $0.00 per share in dividends in Q2 2024. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Margins & Returns
Big Lots Inc's gross margin was 34.9% in Q2 2024, indicating the percentage of revenue retained after direct costs. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.
Big Lots Inc's operating margin was -21.2% in Q2 2024, reflecting core business profitability. This is down 10.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.1 percentage points.
Big Lots Inc's net profit margin was -22.8% in Q2 2024, showing the share of revenue converted to profit. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.5 percentage points.
Not reported for Q2 2024.
Capital Allocation
Big Lots Inc spent $14K on share buybacks in Q2 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 71.4% from the same quarter a year earlier. Against the prior quarter it is down 98.1%.
Big Lots Inc invested $9.5M in capex in Q2 2024, funding long-term assets and infrastructure. This represents a decrease of 28.0% from the same quarter a year earlier. Against the prior quarter it is down 37.6%.
Not reported for Q2 2024.
BIGGQ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B-8.1% | $1.0B-10.2% | $1.4B-7.2% | $1.0B-14.7% | $1.1B-15.4% | $1.1B-18.3% | $1.5B-10.9% | $1.2B-9.8% |
| Cost of Revenue | $681.4M-10.8% | $637.4M-12.8% | $888.0M-9.6% | $652.9M-17.9% | $763.5M-15.9% | $731.1M-16.0% | $982.2M-9.6% | $794.8M-2.7% |
| Gross Profit | $365.2M-2.9% | $371.7M-5.3% | $544.4M-2.9% | $373.8M-8.7% | $375.9M-14.3% | $392.5M-22.2% | $560.9M-13.2% | $409.5M-21.1% |
| SG&A Expenses | $553.7M+20.4% | $533.0M-14.2% | $535.3M-2.0% | $525.7M+4.5% | $460.1M-9.9% | $620.9M+29.1% | $546.1M+0.7% | $503.0M+3.2% |
| Operating Income | -$221.8Mn/m | -$192.9Mn/m | -$23.8Mn/m | $19.7Mn/m | -$122.1Mn/m | -$261.2Mn/m | -$8.1M-111.9% | -$130.8Mn/m |
| EBITDA | -$187.7Mn/m | -$160.4Mn/m | -$53.0M-249.1% | $53.3Mn/m | -$80.1Mn/m | -$224.0M-1029.8% | $35.6M-66.2% | -$93.1M-388.7% |
| Interest Expense | $16.3M+45.8% | $12.0M+31.0% | $8.0M+8.6% | $13.6M+117.3% | $11.2M+186.2% | $9.1M+232.7% | $7.4M+245.5% | $6.3M+173.9% |
| Income Tax | $350K-99.7% | $191Kn/m | -$3.9Mn/m | $1.3Mn/m | $116.6Mn/m | -$64.3Mn/m | -$3.0M-118.8% | -$34.0Mn/m |
| Net Income | -$238.5Mn/m | -$205.0Mn/m | -$30.7Mn/m | $4.7Mn/m | -$249.8Mn/m | -$206.1Mn/m | -$12.5M-125.0% | -$103.0Mn/m |
| EPS (Basic) | -$8.04n/m | -$6.99n/m | -$1.04n/m | $0.16n/m | -$8.56n/m | -$7.10n/m | -$0.42-125.8% | -$3.56n/m |
| EPS (Diluted) | -$8.04n/m | -$6.99n/m | -$1.04n/m | $0.16n/m | -$8.56n/m | -$7.10n/m | -$0.42-126.3% | -$3.56n/m |
| Diluted Shares (Avg) | 30M+1.6% | 29M+1.1% | N/A | 29M+1.2% | 29M+0.9% | 29M+1.4% | N/A | 29M-8.6% |
Not reported in any period shown, so not listed: R&D Expenses.
BIGGQ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.9B-13.7% | $3.2B-13.1% | $3.3B-9.9% | $3.6B-10.2% | $3.4B-11.8% | $3.7B-9.7% | $3.7B-6.0% | $4.0B+0.1% |
| Current Assets | $977.5M-13.4% | $1.1B-12.4% | $1.1B-15.5% | $1.3B-14.1% | $1.1B-14.4% | $1.2B-19.5% | $1.3B-8.9% | $1.5B+2.2% |
| Cash & Equivalents | $53.5M+16.2% | $44.0M-14.3% | $46.4M+3.8% | $46.6M-25.0% | $46.0M-6.3% | $51.3M-16.8% | $44.7M-16.7% | $62.1M-12.0% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $837.3M-14.8% | $949.9M-12.7% | $953.3M-17.0% | $1.2B-12.5% | $983.2M-15.2% | $1.1B-18.8% | $1.1B-7.3% | $1.3B+5.3% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $3.1B0.0% | $3.1B-0.3% | $3.0B+3.9% | $3.3B+1.8% | $3.1B+4.5% | $3.1B+1.1% | $2.9B+0.2% | $3.3B+9.1% |
| Current Liabilities | $1.3B+58.2% | $772.4M-7.6% | $831.0M-9.7% | $912.2M-10.8% | $838.8M-8.8% | $836.0M-16.6% | $919.9M-18.2% | $1.0B-13.3% |
| Non-Current Liabilities | $1.7B-21.9% | $2.3B+2.4% | $2.2B+10.1% | $2.4B+7.6% | $2.2B+10.6% | $2.3B+9.7% | $2.0B+11.8% | $2.2B+23.7% |
| Long-Term Debt | $0-100.0% | $573.8M+14.4% | $406.3M+34.8% | $533.0M+15.9% | $493.2M+95.2% | $501.6M+85.2% | $301.4M+8511.4% | $459.9Mn/m |
| Total Equity | -$154.6M-150.5% | $81.4M-85.2% | $284.5M-62.8% | $313.2M-60.0% | $306.0M-65.6% | $551.4M-43.8% | $763.9M-24.2% | $782.2M-25.5% |
| Retained Earnings | $2.3B-16.9% | $2.5B-15.8% | $2.8B-15.1% | $2.8B-14.7% | $2.8B-17.7% | $3.0B-12.8% | $3.2B-7.1% | $3.3B-5.4% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.
BIGGQ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$17.7M-196.3% | -$146.9Mn/m | $147.2M+9.2% | -$248.5Mn/m | $18.3M-69.9% | -$168.9Mn/m | $134.8M+14.1% | -$143.6Mn/m |
| Depreciation & Amortization | $34.1M-18.9% | $32.4M-12.8% | $34.3M-21.4% | $33.7M-10.6% | $42.0M+12.0% | $37.2M-1.2% | $43.6M+15.8% | $37.7M+3.5% |
| Stock-Based Compensation | $2.4M-45.5% | $2.7M-33.0% | N/A | $1.1M-71.8% | $4.4M+12.8% | $4.1M+10.7% | N/A | $3.9M-55.2% |
| Capital Expenditures | $9.5M-28.0% | $15.1M-10.2% | $18.1M-43.4% | $15.0M-60.5% | $13.1M-71.2% | $16.9M-61.5% | $32.1M-15.9% | $38.0M-16.7% |
| Free Cash Flow | -$27.1M-622.4% | -$162.1Mn/m | $129.0M+25.7% | -$263.5Mn/m | $5.2M-65.8% | -$185.8Mn/m | $102.7M+28.5% | -$181.6Mn/m |
| Investing Cash Flow | -$9.4Mn/m | -$15.7Mn/m | -$14.8M-193.1% | $314.7Mn/m | -$7.9Mn/m | -$12.5Mn/m | $15.9Mn/m | -$38.0Mn/m |
| Financing Cash Flow | $36.5Mn/m | $160.3M-14.8% | -$132.5Mn/m | -$65.6M-133.7% | -$15.7Mn/m | $188.0M-23.4% | -$168.1Mn/m | $194.6Mn/m |
| Dividends Paid | $54K-64.7% | $159K-98.3% | $20K-99.8% | $46K-99.5% | $153K-98.3% | $9.6M-10.4% | $8.7M-4.0% | $8.8M-11.4% |
| Share Buybacks | $14K-71.4% | $747K-47.3% | $21K-80.9% | $96K-49.5% | $49K-79.7% | $1.4M-86.7% | $110K-99.9% | $190K-99.8% |
BIGGQ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'24Filing | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.9%+1.9pp | 36.8%+1.9pp | 38.0%+1.7pp | 36.4%+2.4pp | 33.0%+0.4pp | 34.9%-1.8pp | 36.4%-1.0pp | 34.0%-4.9pp |
| Operating Margin | -21.2%-10.5pp | -19.1%+4.1pp | -1.7%-1.1pp | 1.9%+12.8pp | -10.7%-2.6pp | -23.3%-22.3pp | -0.5%-4.4pp | -10.9%-10.5pp |
| Net Margin | -22.8%-0.9pp | -20.3%-2.0pp | -2.1%-1.3pp | 0.5%+9.0pp | -21.9%-15.7pp | -18.3%-17.5pp | -0.8%-3.7pp | -8.6%-8.2pp |
| Return on Equity | N/A | -251.8%-214.4pp | -10.8%-9.2pp | 1.5%+14.7pp | -81.6%-72.2pp | -37.4%-36.3pp | -1.6%-6.6pp | -13.2%-12.8pp |
| Return on Assets | -8.2%-0.8pp | -6.5%-0.8pp | -0.9%-0.6pp | 0.1%+2.7pp | -7.4%-5.2pp | -5.6%-5.4pp | -0.3%-1.6pp | -2.5%-2.4pp |
| Current Ratio | 0.74-0.6x | 1.39-0.1x | 1.31-0.1x | 1.44-0.1x | 1.35-0.1x | 1.47-0.1x | 1.40+0.1x | 1.50+0.2x |
| Debt-to-Equity | N/A | 7.05+6.1x | 1.43+1.0x | 1.70+1.1x | 1.61+1.3x | 0.91+0.6x | 0.39+0.4x | 0.59+0.6x |
| Liabilities-to-Equity | N/A | 38.03+32.4x | 10.69+6.9x | 10.58+6.4x | 10.04+6.7x | 5.63+2.5x | 3.83+0.9x | 4.16+1.3x |
| Asset Turnover | 0.360.0x | 0.320.0x | 0.430.0x | 0.280.0x | 0.340.0x | 0.310.0x | 0.420.0x | 0.300.0x |
| FCF Margin | -2.6%-3.0pp | -16.1%+0.5pp | 9.0%+2.3pp | -25.7%-10.6pp | 0.5%-0.7pp | -16.5%+0.9pp | 6.7%+2.0pp | -15.1%-6.7pp |
Where Big Lots Inc Ranks
Frequently Asked Questions
Big Lots Inc (BIGGQ) reported $4.7B in total revenue for fiscal year 2023. This represents a -13.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Big Lots Inc (BIGGQ) revenue declined by 13.6% year-over-year, from $5.5B to $4.7B in fiscal year 2023.
No, Big Lots Inc (BIGGQ) reported a net loss of $469.5M over the trailing 12 months to August 3, 2024. In fiscal year 2023 it reported a net loss of $481.9M, with a net profit margin of -10.2%.
Big Lots Inc (BIGGQ) had EBITDA of -$240.2M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2023, Big Lots Inc (BIGGQ) had $46.4M in cash and equivalents against $406.3M in long-term debt.
Big Lots Inc (BIGGQ) had a gross margin of 35.7% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
Big Lots Inc (BIGGQ) had an operating margin of -8.2% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.
Big Lots Inc (BIGGQ) had a net profit margin of -10.2% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.
Yes, Big Lots Inc (BIGGQ) paid $0.30 per share in dividends during fiscal year 2023.
Big Lots Inc (BIGGQ) has a return on equity of -169.4% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.
Big Lots Inc (BIGGQ) recorded an outflow of $315.1M in free cash flow during fiscal year 2023. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Big Lots Inc (BIGGQ) recorded an outflow of $252.0M in operating cash flow during fiscal year 2023, representing cash used by core business activities.
Big Lots Inc (BIGGQ) had $3.3B in total assets as of fiscal year 2023, including both current and long-term assets.
Big Lots Inc (BIGGQ) invested $63.1M in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.
Big Lots Inc (BIGGQ) had a current ratio of 1.31 as of fiscal year 2023, which is considered adequate.
Big Lots Inc (BIGGQ) had a debt-to-equity ratio of 1.43 as of fiscal year 2023. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Big Lots Inc (BIGGQ) had a liabilities-to-equity ratio of 10.69 as of fiscal year 2023, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Big Lots Inc (BIGGQ) had a return on assets of -14.5% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
Big Lots Inc (BIGGQ) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to August 3, 2024). The market capitalization is $3K as of Nov 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Big Lots Inc (BIGGQ) trades at 0.0x sales, its market capitalization divided by $4.5B revenue, trailing 12 months to August 3, 2024. The market capitalization is $3K as of Nov 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2023, Big Lots Inc (BIGGQ) held $46.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $252.0M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Big Lots Inc (BIGGQ) has an Altman Z-Score of 2.29, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Big Lots Inc (BIGGQ) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Big Lots Inc (BIGGQ) reported a net loss of $481.9M while operations used $252.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Big Lots Inc (BIGGQ) reported an operating loss of $387.4M against $44.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.