BEST BUY CO INC BBY

Consumer discretionary SIC 5731 - Retail-Radio, Tv & Consumer Electronics Stores NAICS Retail Trade › Furniture, Home Furnishings, Electronics, and Appliance Retailers › Electronics and Appliance Retailers derived NYSE

We were incorporated in the state of Minnesota in 1966. We are driven by our purpose to enrich lives through technology and our vision to personalize and humanize technology solutions for every stage of life. We accomplish this by leveraging our unique combination of tech expertise and a human touch to meet our customers' everyday needs, whether they come to us online, visit our stores or invite us into their homes. We have operations in the U.S. and Canada.

We have two reportable segments: Domestic and International. The Domestic segment is comprised of our operations in all states, districts and territories of the U.S. and our Best Buy Health business, and includes the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Essentials, Best Buy Health, Best Buy Marketplace, Geek Squad, Imagine That, Insignia, Lively, Jitterbug, My Best Buy, My Best Buy Memberships, Pacific Kitchen and Home, TechLiquidators and Yardbird; and the domain names bestbuy.com, lively.com, techliquidators.com and yardbird.com. Our International segment is comprised of all operations in Canada under the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Express, Best Buy Marketplace, Best Buy Mobile, Geek Squad, Insignia and TechLiquidators and the domain names bestbuy.ca and techliquidators.ca.

Last close 99.87 2026-10-23
Market cap $20.95B 2026-08-01 share count
52-week range 55.10 - 100.58

Valuation FY2025 figures against the last close

P/S0.5x
P/E19.8x
P/FCF16.6x
EV/EBITDA9.4x
Dividend yield3.8%
Diluted EPS5.04

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • U.S.
  • Canada
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 U.S., FY2025: 38.3B (91.8%) 92% U.S. Canada, FY2025: 3.4B (8.2%) 8% Canada FY2024 U.S., FY2024: 38.2B (92.1%) 92% Canada, FY2024: 3.3B (7.9%) 8% FY2023 U.S., FY2023: 40.1B (92.3%) 92% Canada, FY2023: 3.4B (7.7%) 8%
Region FY2025FY2024FY2023
U.S. $38.28B $38.24B $40.10B
Canada $3.41B $3.29B $3.35B

As the company reported it, from the “Segment and Geographic Information - Schedule of Geographic Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $41.69B$41.53B$43.45B$46.30B$51.76B$47.26B$43.64B$42.88B$42.15B$39.40B
Cost of revenue $32.32B$32.14B$33.85B$36.39B$40.12B$36.69B$33.59B$32.92B$32.27B$29.96B
Gross profit $9.37B$9.38B$9.60B$9.91B$11.64B$10.57B$10.05B$9.96B$9.88B$9.44B
SG&A $7.62B$7.65B$7.88B$7.97B$8.63B$7.93B$8.00B$8.02B$8.02B$7.55B
Operating income $1.39B$1.26B$1.57B$1.79B$3.04B$2.39B$2.01B$1.90B$1.84B$1.85B
Interest expense $47.0M$51.0M$52.0M$35.0M$25.0M$52.0M$64.0M$73.0M$75.0M$72.0M
Pre-tax income $1.40B$1.29B$1.62B$1.79B$3.02B$2.38B$1.99B$1.89B$1.82B$1.82B
Income tax $337.0M$372.0M$381.0M$370.0M$574.0M$579.0M$452.0M$424.0M$818.0M$609.0M
Net income $1.07B$927.0M$1.24B$1.42B$2.45B$1.80B$1.54B$1.46B$1.00B$1.23B
EPS, basic 5.064.315.706.319.946.935.825.303.333.86
EPS, diluted 5.044.285.686.299.846.845.755.203.263.81
Shares, diluted (wtd. avg.) 212.1M216.6M218.5M225.7M249.3M263.0M268.1M281.4M307.1M322.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.74B$1.58B$1.45B$2.25B$3.21B$5.62B$2.35B$2.18B$1.30B$2.43B
Short-term investments ———————$0$2.03B$1.68B
Receivables $1.04B$1.04B$939.0M$1.14B$1.04B$1.06B$1.15B$1.01B$1.05B$1.35B
Inventory $5.23B$5.08B$4.96B$5.14B$5.96B$5.61B$5.17B$5.41B$5.21B$4.86B
Total current assets $8.50B$8.22B$7.90B$8.80B$10.54B$12.54B$8.86B$8.87B$9.83B$10.52B
Property, plant and equipment $1.99B$2.12B$2.26B$2.35B$2.25B$2.26B$2.33B$2.51B$2.42B$2.29B
Goodwill $790.0M$908.0M$1.38B$1.38B$1.38B$986.0M$984.0M$490.0M$425.0M$425.0M
Total assets $14.67B$14.78B$14.97B$15.80B$17.50B$19.07B$15.59B$12.90B$13.05B$13.86B
Accounts payable $4.75B$4.98B$4.64B$5.69B$6.80B$6.98B$5.29B$5.26B$4.87B$4.98B
Short-term debt —$10.0M$13.0M$16.0M$13.0M$14.0M$14.0M$56.0M$544.0M$44.0M
Total current liabilities $7.68B$8.02B$7.91B$8.98B$10.67B$10.52B$8.06B$7.51B$7.82B$7.12B
Long-term debt —$1.14B$1.15B$1.16B$1.22B$1.25B$1.26B$1.33B—$1.32B
Retained earnings $2.61B$2.49B$2.68B$2.43B$2.67B$4.23B$3.16B$2.98B$3.27B$4.40B
Total equity $2.96B$2.81B$3.05B$2.79B$3.02B$4.59B$3.48B$3.31B$3.61B$4.71B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.96B$2.10B$1.47B$1.82B$3.25B$4.93B$2.56B$2.41B$2.14B$2.56B
Depreciation and amortisation $831.0M$866.0M$923.0M$918.0M$869.0M$839.0M$812.0M$770.0M$683.0M$654.0M
Stock-based compensation $139.0M$139.0M$145.0M$138.0M$141.0M$135.0M$143.0M$123.0M$129.0M$108.0M
Capital expenditure $704.0M$706.0M$795.0M$930.0M$737.0M$713.0M$743.0M$819.0M$688.0M$580.0M
Investing cash flow -$730.0M-$704.0M-$781.0M-$962.0M-$1.37B-$788.0M-$895.0M$508.0M-$1.00B-$877.0M
Financing cash flow -$1.08B-$1.31B-$1.14B-$1.81B-$4.30B-$876.0M-$1.50B-$2.02B-$2.30B-$1.42B
Dividends paid $801.0M$807.0M$801.0M$789.0M$688.0M$568.0M$527.0M$497.0M$409.0M$505.0M
Buybacks $273.0M$500.0M$340.0M$1.01B$3.50B$312.0M$1.00B$1.50B$2.00B$698.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-018265.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 20B 40B 60B Revenue, FY2016: 39.4B Gross profit, FY2016: 9.4B Net income, FY2016: 1.2B Revenue, FY2017: 42.2B Gross profit, FY2017: 9.9B Net income, FY2017: 1B Revenue, FY2018: 42.9B Gross profit, FY2018: 10B Net income, FY2018: 1.5B Revenue, FY2019: 43.6B Gross profit, FY2019: 10B Net income, FY2019: 1.5B Revenue, FY2020: 47.3B Gross profit, FY2020: 10.6B Net income, FY2020: 1.8B Revenue, FY2021: 51.8B Gross profit, FY2021: 11.6B Net income, FY2021: 2.5B Revenue, FY2022: 46.3B Gross profit, FY2022: 9.9B Net income, FY2022: 1.4B Revenue, FY2023: 43.5B Gross profit, FY2023: 9.6B Net income, FY2023: 1.2B Revenue, FY2024: 41.5B Gross profit, FY2024: 9.4B Net income, FY2024: 927M Revenue, FY2025: 41.7B Gross profit, FY2025: 9.4B Net income, FY2025: 1.1B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $39.40B $42.15B $42.88B $43.64B $47.26B $51.76B $46.30B $43.45B $41.53B $41.69B
Gross profit $9.44B $9.88B $9.96B $10.05B $10.57B $11.64B $9.91B $9.60B $9.38B $9.37B
Net income $1.23B $1.00B $1.46B $1.54B $1.80B $2.45B $1.42B $1.24B $927.0M $1.07B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 5731

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