Best Buy Co., Inc.

BBY · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Valuation
Market cap	$13,641	$18,356	$16,303	$18,847	$23,488	$26,178	$20,373	$14,066	$17,138	$13,642	$9,572	$12,347	$8,053	$5,455	$8,905	$13,145	$15,213	$11,888	$18,920	$22,345	$26,496	$16,847	$17,218	$9,330	$14,281	$8,262	$9,790	$9,227	$2,613	$436	$717	$996	$1,114	$489	$194	$63	$61	$67	$73	$118	$74
Enterprise value	$16,036	$20,831	$18,838	$20,951	$24,490	$24,675	$22,138	$13,474	$15,360	$11,086	$8,025	$10,077	$6,812	$6,032	$10,535	$14,419	$15,743	$13,855	$18,274	$19,237	$23,293	$14,099	$15,468	$8,245	$13,235	$7,811	$9,070	$8,502	$2,584	$941	$1,184	$1,404	$1,285	$539	$134	$71	$73	$106	$117	$126	$76
P/E (TTM) at period end	12.76×	19.80×	13.14×	13.28×	9.57×	14.56×	13.22×	9.61×	17.15×	11.30×	11.86×	9.91×	11.59×	–	6.24×	8.95×	10.83×	11.78×	13.45×	16.23×	23.24×	17.12×	24.42×	94.24×	25.05×	20.87×	28.21×	41.12×	27.65×	256.24×	14.93×	17.25×	26.97×	24.58×	20.23×	13.94×	10.75×	31.91×	26.01×	15.26×	18.15×
P/S (TTM) at period end	0.33×	0.44×	0.38×	0.41×	0.45×	0.55×	0.47×	0.33×	0.41×	0.35×	0.24×	0.31×	0.20×	0.13×	0.20×	0.30×	0.31×	0.26×	0.47×	0.62×	0.86×	0.61×	0.70×	0.45×	0.81×	0.54×	0.78×	0.92×	0.31×	0.06×	0.10×	0.20×	0.37×	0.30×	0.21×	0.09×	0.12×	0.13×	0.17×	0.49×	0.66×
P/B at period end	4.60×	6.54×	5.34×	6.74×	7.78×	5.71×	5.86×	4.25×	4.74×	2.90×	2.19×	2.47×	2.02×	1.78×	2.38×	1.99×	2.41×	2.56×	4.22×	3.60×	5.04×	3.79×	5.03×	3.42×	5.66×	4.53×	8.93×	8.67×	4.68×	0.99×	1.66×	2.65×	3.58×	2.68×	1.23×	1.11×	0.93×	1.15×	1.25×	2.11×	5.17×
EV / EBITDA (TTM)	7.22×	9.79×	7.54×	7.72×	6.27×	7.64×	7.85×	5.05×	6.08×	4.42×	3.95×	4.78×	3.69×	2.86×	3.40×	4.54×	4.91×	5.33×	6.67×	7.67×	11.09×	7.42×	9.16×	6.25×	10.88×	10.04×	13.98×	19.79×	11.01×	7.84×	6.68×	8.75×	12.90×	10.62×	4.67×	3.82×	3.89×	–	–	–	–
EV / Sales (TTM)	0.38×	0.50×	0.43×	0.45×	0.47×	0.52×	0.51×	0.31×	0.36×	0.28×	0.20×	0.25×	0.17×	0.14×	0.23×	0.32×	0.32×	0.31×	0.46×	0.54×	0.76×	0.51×	0.63×	0.39×	0.75×	0.51×	0.73×	0.84×	0.31×	0.12×	0.16×	0.28×	0.43×	0.33×	0.14×	0.11×	0.14×	0.21×	0.27×	0.53×	0.67×
Returns
Return on equity	36.1%	33.0%	40.6%	50.8%	81.3%	39.2%	44.3%	44.3%	27.7%	25.6%	18.4%	24.9%	17.4%	(9.2%)	38.1%	22.3%	22.2%	21.7%	31.4%	22.2%	21.7%	22.1%	20.6%	3.6%	22.6%	21.7%	31.7%	21.1%	16.9%	0.4%	11.1%	15.3%	13.3%	10.9%	6.1%	7.9%	8.6%	3.6%	4.8%	13.8%	28.5%
Return on invested capital	19.7%	17.0%	21.5%	29.1%	61.2%	58.6%	29.6%	54.3%	26.2%	32.1%	20.5%	31.2%	24.7%	–	26.9%	18.8%	21.9%	17.0%	35.1%	22.8%	21.3%	19.9%	20.0%	37.7%	37.5%	27.5%	88.5%	63.7%	19.3%	3.4%	8.3%	9.5%	9.8%	9.6%	12.0%	10.2%	10.2%	6.1%	5.1%	11.9%	25.6%
Dividend yield	5.9%	4.4%	4.9%	4.2%	2.9%	2.2%	2.6%	3.5%	2.4%	3.7%	5.2%	2.0%	2.9%	4.4%	2.6%	1.8%	1.5%	1.9%	1.1%	0.8%	0.6%	0.8%	0.8%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Financial health
Current ratio	1.11×	1.03×	1.00×	0.98×	0.99×	1.19×	1.10×	1.18×	1.26×	1.48×	1.43×	1.48×	1.41×	1.11×	1.16×	1.21×	1.18×	0.97×	1.08×	1.44×	1.32×	1.39×	1.27×	1.28×	1.24×	1.08×	1.25×	1.49×	1.65×	1.69×	1.60×	1.96×	1.90×	1.64×	1.87×	1.86×	2.58×	2.83×	2.83×	2.88×	1.81×
Debt / equity	0.40×	0.41×	0.38×	0.42×	0.41×	0.28×	0.37×	0.42×	0.38×	0.29×	0.40×	0.32×	0.42×	0.56×	0.46×	0.17×	0.18×	0.25×	0.18×	0.10×	0.11×	0.13×	0.25×	0.30×	0.32×	0.16×	0.03×	0.06×	0.47×	0.83×	0.75×	0.86×	0.74×	0.32×	0.34×	0.63×	0.53×	0.68×	0.77×	0.20×	0.13×
Effective tax rate	24.0%	28.7%	23.5%	20.7%	19.0%	24.4%	22.7%	22.5%	45.0%	33.5%	38.4%	10.2%	35.8%	6575.0%	34.3%	34.9%	35.9%	39.6%	36.6%	35.3%	33.8%	35.3%	38.3%	38.7%	39.1%	38.3%	38.3%	38.5%	38.6%	39.3%	39.2%	38.7%	39.0%	38.0%	37.7%	39.2%	40.0%	41.7%	41.7%	50.6%	50.0%
Share count
Diluted shares outstanding	212	217	218	226	249	263	268	281	307	323	351	354	348	339	374	416	428	423	453	496	505	502	501	496	483	479	478	472	451	382	385	405	371	298	240	202	214	210	210	192	154

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Revenue and gross profit
Revenue	$42,201	$41,691	$41,528	$43,452	$46,298	$51,761	$47,262	$43,638	$42,879	$42,151	$39,403	$39,528	$40,339	$40,611	$41,729	$45,457	$44,432	$49,243	$45,015	$40,023	$35,934	$30,848	$27,433	$24,547	$20,946	$17,711	$15,189	$12,494	$10,078	$8,358	$7,771	$7,217	$5,080	$3,006	$1,620	$930	$665	$513	$507	$439	$240	$113
Cost of revenue	($32,631)	($32,318)	($32,143)	($33,849)	($36,386)	($40,121)	($36,689)	($33,590)	($32,918)	($32,275)	($29,963)	($30,334)	($31,292)	($31,212)	($31,885)	($34,454)	($33,491)	($37,201)	($34,017)	($30,477)	($27,165)	($23,122)	($20,938)	($18,677)	($15,998)	($13,941)	($12,177)	($9,991)	($8,172)	($6,954)	($6,644)	($6,226)	($4,351)	($2,527)	($1,321)	($739)	($515)	($387)	($384)	($330)	($178)	($84)
Gross profit	$9,570	$9,373	$9,385	$9,603	$9,912	$11,640	$10,573	$10,048	$9,961	$9,876	$9,440	$9,191	$9,047	$9,399	$9,844	$10,984	$10,932	$12,042	$10,998	$9,546	$8,769	$7,726	$6,495	$5,871	$4,945	$3,770	$3,012	$2,503	$1,893	$1,383	$1,126	$991	$729	$479	$299	$191	$149	$126	$123	$109	$62	$29
Operating expenses
Research and development	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	($7,737)	($7,623)	($7,651)	($7,876)	($7,970)	($8,635)	($7,928)	($7,998)	($8,015)	($8,023)	($7,547)	($7,618)	($7,592)	($8,106)	($9,503)	($8,755)	($8,514)	($9,622)	($8,984)	($7,385)	($6,770)	($6,082)	($5,053)	($4,567)	($3,935)	($2,862)	($2,401)	($1,854)	($1,463)	($1,145)	($1,006)	($814)	($568)	($380)	($248)	($162)	($131)	($107)	($106)	($95)	($45)	($20)
Total operating expenses	($7,860)	($7,984)	($8,123)	($8,029)	($8,117)	($8,601)	($8,182)	($8,039)	($8,061)	($8,033)	($7,586)	($7,816)	($7,597)	($8,255)	($8,570)	($8,784)	($8,652)	($9,674)	($9,128)	($7,385)	($6,770)	($6,082)	($5,053)	($4,567)	($3,935)	($2,862)	($2,401)	($1,964)	($1,542)	($1,217)	($1,073)	($869)	($607)	($402)	($263)	($172)	($138)	($113)	($113)	($100)	($46)	($21)
Total costs and expenses	($40,491)	($40,302)	($40,266)	($41,878)	($44,503)	($48,722)	($44,871)	($41,629)	($40,979)	($40,308)	($37,549)	($38,153)	($38,889)	($39,467)	($40,455)	($43,257)	($42,152)	($46,875)	($43,145)	($37,862)	($33,935)	($29,204)	($25,991)	($23,243)	($19,936)	($16,803)	($14,578)	($11,955)	($9,727)	($8,192)	($7,718)	($7,095)	($4,958)	($2,929)	($1,584)	($911)	($654)	($500)	($497)	($430)	($224)	($105)
Operating income	$1,710	$1,389	$1,262	$1,574	$1,795	$3,039	$2,391	$2,009	$1,900	$1,843	$1,854	$1,375	$1,450	$1,144	$1,274	$2,200	$2,280	$2,368	$1,870	$2,161	$1,999	$1,644	$1,442	$1,304	$1,010	$908	$611	$539	$351	$166	$53	$122	$122	$77	$36	$19	$11	$13	$10	$9	$15	$8
Earnings
EBITDA	$2,508	$2,220	$2,128	$2,497	$2,713	$3,908	$3,230	$2,821	$2,670	$2,526	$2,508	$2,032	$2,106	$1,845	$2,106	$3,097	$3,176	$3,206	$2,600	$2,741	$2,508	$2,100	$1,901	$1,689	$1,320	$1,217	$778	$649	$430	$235	$120	$177	$160	$100	$51	$29	$19	$19	–	–	–	–
Interest income	$74	$68	$84	$78	$28	$10	–	$47	$49	$48	$31	$13	$14	$19	$33	$22	$43	$53	$35	$129	$142	$107	$45	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($45)	($47)	($51)	($52)	($35)	($25)	($52)	($64)	($73)	($75)	($72)	($80)	($90)	($100)	($112)	($111)	($61)	($92)	($94)	($62)	($31)	($30)	($44)	($8)	–	–	($37)	($23)	–	($33)	–	–	–	–	($4)	($3)	($4)	($4)	($4)	–	–	($0)
Pre-tax income	$1,737	$1,404	$1,295	$1,621	$1,788	$3,024	$2,377	$1,993	$1,888	$1,817	$1,816	$1,310	$1,387	$1,083	$4	$2,166	$2,247	$2,329	$1,700	$2,228	$2,130	$1,721	$1,443	$1,296	$1,014	$936	$641	$563	$365	$154	$3	$79	$94	$68	$32	$15	$7	$10	$5	$5	$16	$8
Income tax expense	($468)	($337)	($372)	($381)	($370)	($574)	($579)	($452)	($424)	($818)	($609)	($503)	($141)	($388)	($287)	($742)	($784)	($835)	($674)	($815)	($752)	($581)	($509)	($496)	($392)	($366)	($246)	($216)	($140)	($59)	($1)	($31)	($36)	($27)	($12)	($6)	($3)	($4)	($2)	($2)	($8)	($4)
Net income	$1,272	$1,069	$927	$1,241	$1,419	$2,454	$1,798	$1,541	$1,464	$1,000	$1,228	$897	$1,233	$532	($283)	($1,231)	$1,277	$1,317	$1,003	$1,407	$1,377	$1,140	$984	$705	$99	$570	$396	$347	$224	$94	$2	$48	$58	$41	$20	$10	$4	$6	$2	$3	$8	$4
Per share
Diluted EPS (GAAP)	$6.01	$5.04	$4.28	$5.68	$6.29	$9.84	$6.84	$5.75	$5.20	$3.26	$3.81	$2.56	$3.49	$1.53	($0.83)	($3.27)	$3.08	$3.10	$2.39	$3.12	$2.79	$2.27	$1.96	$1.41	$0.21	$1.18	$0.83	$0.73	$0.46	$0.23	$0.0044	$0.12	$0.14	$0.11	$0.0667	$0.04	$0.0222	$0.0267	$0.0133	$0.0133	$0.04	$0.0267
Basic EPS (GAAP)	$6.03	$5.06	$4.31	$5.70	$6.31	$9.94	$6.93	$5.82	$5.30	$3.33	$3.86	$2.59	$3.53	$1.56	($0.83)	($3.36)	$3.14	$3.16	$2.43	$3.20	$2.86	$2.33	$2.01	$1.45	$0.21	$1.19	$0.85	$0.76	$0.48	$0.24	$0.0044	$0.12	$0.15	$0.11	$0.0667	$0.04	$0.0222	$0.0267	$0.0133	$0.0133	$0.04	$0.0267
Basic shares outstanding	211	211	215	218	225	247	260	265	276	300	318	346	350	342	339	366	406	417	412	440	482	490	489	485	481	472	464	459	448	395	382	385	381	371	298	240	202	214	210	210	192	154
Margins
Gross margin	22.7%	22.5%	22.6%	22.1%	21.4%	22.5%	22.4%	23.0%	23.2%	23.4%	24.0%	23.3%	22.4%	23.1%	23.6%	24.2%	24.6%	24.5%	24.4%	23.9%	24.4%	25.0%	23.7%	23.9%	23.6%	21.3%	19.8%	20.0%	18.8%	16.5%	14.5%	13.7%	14.4%	15.9%	18.5%	20.6%	22.5%	24.5%	24.3%	24.9%	25.8%	25.6%
Operating margin	4.1%	3.3%	3.0%	3.6%	3.9%	5.9%	5.1%	4.6%	4.4%	4.4%	4.7%	3.5%	3.6%	2.8%	3.1%	4.8%	5.1%	4.8%	4.2%	5.4%	5.6%	5.3%	5.3%	5.3%	4.8%	5.1%	4.0%	4.3%	3.5%	2.0%	0.7%	1.7%	2.4%	2.6%	2.2%	2.0%	1.6%	2.6%	2.0%	2.1%	6.4%	7.3%
Net margin	3.0%	2.6%	2.2%	2.9%	3.1%	4.7%	3.8%	3.5%	3.4%	2.4%	3.1%	2.3%	3.1%	1.3%	(0.7%)	(2.7%)	2.9%	2.7%	2.2%	3.5%	3.8%	3.7%	3.6%	2.9%	0.5%	3.2%	2.6%	2.8%	2.2%	1.1%	0.0%	0.7%	1.1%	1.4%	1.2%	1.0%	0.7%	1.1%	0.4%	0.6%	3.2%	3.6%

Analyst consensus

Hold41 analysts

Bearish · 6 · Hold · 24 · Bullish · 11

Earnings history

	EPS	Estimate
Q3 2025	$1.26	$1.30	Miss
Q4 2025	$2.58	$2.41	Beat
Q1 2026	$1.15	$1.10	Beat
Q2 2026	$1.28	$1.21	Beat
Q3 2026	$1.40	$1.31	Beat
Q4 2026	$2.61	$2.46	Beat
Q1 2027	$1.28	$1.23	Beat
Q2 2027	$1.47	$1.39	Beat

Peers

Company overview

IPO dateApr 18, 1985

CEOCorie Sue Barry

Employees82,000

SectorConsumer Cyclical

IndustrySpecialty Retail

CountryUS

ExchangeNew York Stock Exchange

Websiteinvestors.bestbuy.com/overview/default.aspx

Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers). Customers can also find smartwatches and various consumer electronics, encompassing digital imaging devices, health and fitness gadgets, home theater systems, portable audio solutions (like headphones and speakers), and smart home products. Beyond electronics, Best Buy also supplies household appliances such as dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. For entertainment, their offerings range from drones, movies, music, and toys to gaming hardware and software, including virtual reality products. Additionally, the company stocks miscellaneous items like baby products, food and beverages, luggage, outdoor living essentials, and sporting goods. In terms of services, Best Buy provides consultation, delivery, design assistance, health-related programs, installation, membership benefits, repair work, product setup, technical support, and warranty services. Products are distributed through both physical stores and online platforms, operating under various brand names including Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird. Their primary online presence is via bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company maintained a network of 1,144 retail locations. Originally established in 1966 as Sound of Music, Inc., the corporation is headquartered in Richfield, Minnesota.

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