Best Buy Co., Inc. (BBY) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$1.38	$1.47	+6.5%	—	$9.8B	—
Q1 27	$1.23	$1.28	+4.1%	—	$8.9B	—
Q4 26	$2.47	$2.61	+5.7%	—	$13.8B	—
Q3 26	$1.31	$1.4	+6.9%	—	$9.7B	—
Q2 26	$1.22	$1.28	+4.9%	—	$9.4B	—
Q1 26	$1.1	$1.15	+4.5%	—	$8.8B	—
Q4 25	$2.41	$2.58	+7.1%	—	$13.9B	—
Q3 25	$1.29	$1.26	-2.3%	—	$9.4B	—
Q2 25	$1.16	$1.34	+15.5%	—	$9.3B	—
Q1 25	$1.07	$1.2	+12.1%	—	$8.8B	—
Q4 24	$2.5	$2.72	+8.8%	—	$14.6B	—
Q3 24	$1.2	$1.29	+7.5%	—	$9.8B	—
Q2 24	$1.07	$1.22	+14.0%	—	$9.6B	—
Q1 24	$1.09	$1.15	+5.5%	—	$9.5B	—
Q4 23	$2.14	$2.61	+22.0%	—	$14.7B	—
Q3 23	$1.02	$1.38	+35.3%	—	$10.6B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$5.06	—	—	$41.7B	—
FY25	—	$4.31	—	—	$41.5B	—
FY24	—	$5.7	—	—	$43.5B	—
FY23	—	$6.31	—	—	$46.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$39.4B	$42.2B	$42.9B	$43.6B	$47.3B	$51.8B	$46.3B	$43.5B	$41.5B	$41.7B
YoY change	-0.32%	+6.97%	+1.73%	+1.77%	+8.3%	+9.52%	-10.6%	-6.15%	-4.43%	+0.39%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	39.4B	42.2B	42.9B	43.6B	47.3B	51.8B	46.3B	43.5B	41.5B	41.7B
Cost of revenue	30B	32.3B	32.9B	33.6B	36.7B	40.1B	36.4B	33.8B	32.1B	32.3B
Gross profit	9.4B	9.9B	10B	10B	10.6B	11.6B	9.9B	9.6B	9.4B	9.4B
Gross margin	24%	23.4%	23.2%	23%	22.4%	22.5%	21.4%	22.1%	22.6%	22.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	7.5B	8B	8B	8B	7.9B	8.6B	8B	7.9B	7.7B	7.6B
Operating expenses	7.5B	8B	8B	8B	7.9B	8.6B	8B	7.9B	7.7B	7.6B
Operating income	1.9B	1.9B	1.9B	2B	2.6B	3B	1.9B	1.7B	1.7B	1.8B
Operating margin	4.8%	4.4%	4.54%	4.7%	5.6%	5.81%	4.19%	3.97%	4.18%	4.2%
Non-operating income, net	-5M	39M	15M	7M	-216M	44M	-119M	-54M	-388M	-299M
Pretax income	1.8B	1.8B	1.9B	2B	2.4B	3B	1.8B	1.6B	1.3B	1.4B
Income tax	609M	818M	424M	452M	579M	574M	370M	381M	372M	337M
Net income	1.2B	1B	1.5B	1.5B	1.8B	2.5B	1.4B	1.2B	927M	1.1B
Net margin	3.12%	2.37%	3.41%	3.53%	3.8%	4.74%	3.06%	2.86%	2.23%	2.56%
EBITDA	2.5B	2.5B	2.7B	2.9B	3.5B	3.9B	2.9B	2.6B	2.6B	2.6B
EPS	3.86	3.33	5.3	5.82	6.93	9.94	6.31	5.7	4.31	5.06
Diluted EPS	3.81	3.26	5.2	5.75	6.84	9.84	6.29	5.68	4.28	5.04

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	9.8B	14.6B	8.8B	9.3B	9.4B	13.9B	8.8B	9.4B	9.7B	13.8B	8.9B	9.8B
Cost of revenue	7.5B	11.6B	6.8B	7.1B	7.2B	11B	6.7B	7.2B	7.4B	10.9B	6.8B	7.4B
Gross profit	2.2B	3B	2.1B	2.2B	2.2B	2.9B	2B	2.2B	2.2B	2.9B	2.1B	2.3B
Gross margin	22.9%	20.5%	23.3%	23.5%	23.5%	20.9%	23.4%	23.2%	23.2%	20.9%	23.5%	23.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.9B	2.3B	1.7B	1.8B	1.9B	2.2B	1.7B	1.8B	1.9B	2.2B	1.7B	1.9B
Operating expenses	1.9B	2.3B	1.7B	1.8B	1.9B	2.2B	1.7B	1.8B	1.9B	2.2B	1.7B	1.9B
Operating income	354M	730M	327M	376M	346M	685M	328M	365M	364M	693M	361M	415M
Operating margin	3.63%	4.98%	3.7%	4.05%	3.66%	4.91%	3.74%	3.87%	3.76%	5.02%	4.04%	4.24%
Non-operating income, net	8M	-132M	10M	28M	23M	-449M	-94M	-100M	-147M	42M	28M	26M
Pretax income	348M	584M	325M	391M	356M	223M	222M	253M	205M	724M	378M	430M
Income tax	86M	124M	80M	101M	85M	106M	19M	68M	64M	186M	102M	116M
Net income	263M	460M	246M	291M	273M	117M	202M	186M	140M	541M	276M	315M
Net margin	2.7%	3.14%	2.78%	3.13%	2.89%	0.84%	2.3%	1.97%	1.45%	3.92%	3.09%	3.22%
EBITDA	583M	951M	546M	594M	559M	901M	539M	576M	570M	896M	555M	610M
EPS	1.21	2.13	1.14	1.35	1.27	0.55	0.95	0.88	0.67	2.58	1.31	1.49
Diluted EPS	1.21	2.12	1.13	1.34	1.26	0.54	0.95	0.87	0.66	2.56	1.31	1.48

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	14.2B	21.9B	16.4B	22.4B	28.2B	24.5B	19.9B	15.8B	18.5B	13.7B	18.9B
Enterprise value	11.6B	20.2B	15.8B	24.2B	26.7B	25.5B	22B	18.3B	21B	16.1B	20.7B
Shares outstanding	318.5M	300.4M	276.4M	264.9M	259.6M	246.8M	224.8M	217.7M	215.2M	211M	211M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	11.5	21.9	11.2	14.6	15.7	9.98	14.1	12.7	19.9	12.8	14.8
P/S	0.36	0.52	0.38	0.51	0.6	0.47	0.43	0.36	0.44	0.33	0.44
P/B	3.01	6.08	4.95	6.45	6.16	8.11	7.14	5.17	6.58	4.63	5.88
EV/EBITDA	4.56	7.95	5.81	8.45	7.68	6.58	7.71	6.91	8.06	6.25	7.91
EV/Sales	0.29	0.48	0.37	0.55	0.57	0.49	0.48	0.42	0.5	0.39	0.49
Earnings yield	8.66%	4.56%	8.94%	6.87%	6.36%	10%	7.11%	7.86%	5.02%	7.78%	6.75%
FCF yield	13.9%	6.62%	9.7%	8.12%	14.9%	10.3%	4.48%	4.28%	7.53%	9.16%	7.44%
PEG	—	—	—	—	—	—	—	—	—	—	0.21

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	24%	23.4%	23.2%	23%	22.4%	22.5%	21.4%	22.1%	22.6%	22.5%	23.9%
Operating margin	4.8%	4.4%	4.54%	4.7%	5.6%	5.81%	4.19%	3.97%	4.18%	4.2%	3.9%
Net margin	3.12%	2.37%	3.41%	3.53%	3.8%	4.74%	3.06%	2.86%	2.23%	2.56%	3.01%
ROE	26.1%	27.7%	44.3%	44.3%	39.2%	81.3%	50.8%	40.6%	33%	36.1%	43.1%
ROA	8.86%	7.66%	11.3%	9.88%	9.43%	14%	8.98%	8.29%	6.27%	7.29%	7.25%
ROIC	58.4%	55.6%	55.6%	30.3%	64.9%	60.5%	31.4%	23.6%	23.4%	24.8%	26.5%
Return on tangible assets	9.47%	8.21%	14.1%	11.9%	10.9%	17.3%	11%	10.2%	7.25%	8.17%	8.76%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.48	1.26	1.18	1.1	1.19	0.99	0.98	1	1.03	1.11	1.12
Quick ratio	0.79	0.59	0.46	0.46	0.66	0.43	0.41	0.37	0.39	0.43	0.41
Debt / equity	0.29	0.38	0.42	1.14	0.87	1.3	1.42	1.3	1.44	1.39	1.3
Debt / assets	0.1	0.1	0.11	0.26	0.21	0.22	0.25	0.27	0.27	0.28	0.26
Net debt / EBITDA	-1	-0.7	-0.22	0.61	-0.43	0.26	0.74	0.96	0.95	0.93	0.71
Interest coverage	26.2	25.2	26.9	32.1	46.7	122	52.1	32.2	26.4	30.9	39.6
Effective tax rate	33.5%	45%	22.5%	22.7%	24.4%	19%	20.7%	23.5%	28.7%	24%	26.9%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	123.7	140.3	155.1	164.7	182.1	209.7	206	199.6	193	197.6	200.5
EPS (basic)	3.86	3.33	5.3	5.82	6.93	9.94	6.31	5.7	4.31	5.06	5.06
EPS (diluted)	3.81	3.26	5.2	5.75	6.84	9.84	6.29	5.68	4.28	5.04	6.01
Book value per share	14.8	12	12	13.1	17.7	12.2	12.4	14	13	14	15.1
FCF per share	6.21	4.84	5.75	6.88	16.2	10.2	3.98	3.1	6.47	5.96	8.31
Cash per share	12.3	10.4	7.16	8.41	21.2	11.9	8.34	6.65	7.33	8.24	11.5
Capex per share	1.82	2.29	2.96	2.8	2.75	2.99	4.14	3.65	3.28	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.47%	1.63%	1.91%	1.7%	1.51%	1.42%	2.01%	1.83%	1.7%	—	—
Capex / operating cash flow	22.7%	32.1%	34%	29%	14.5%	22.7%	51%	53.3%	43.5%	—	—
Payout ratio	41.1%	40.9%	33.9%	34.2%	31.6%	28%	55.6%	64.5%	87.1%	74.9%	63.6%
Dividend yield	3.56%	1.86%	3.04%	2.35%	2.01%	2.81%	3.96%	5.08%	4.37%	5.83%	4.27%

Yield

4.27%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.96

ex-dividend Sep 17, 2026

Payout ratio

64%

of earnings

Dividend growth

15 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 17, 2026	$0.96
Jun 18, 2026	$0.96
Mar 24, 2026	$0.96

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	$9.8B	$14.6B	$8.8B	$9.3B	$9.4B	$13.9B	$8.8B	$9.4B	$9.7B	$13.8B	$8.9B	$9.8B
YoY change	-7.85%	-0.6%	-6.55%	-3.08%	-3.19%	-4.77%	-0.9%	+1.61%	+2.4%	-0.96%	+1.93%	+3.61%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	3.9B	3.1B	2B	2.2B	5.5B	2.9B	1.9B	1.4B	1.6B	1.7B
Receivables	1.3B	1B	1B	1.1B	1.1B	1B	1.1B	939M	1B	1B
Inventory	4.9B	5.2B	5.4B	5.2B	5.6B	6B	5.1B	5B	5.1B	5.2B
Total current assets	10.5B	9.8B	8.9B	8.9B	12.5B	10.5B	8.8B	7.9B	8.2B	8.5B
Property, plant & equipment	2.3B	2.4B	2.5B	5B	4.9B	4.9B	5.1B	5B	5B	4.9B
Goodwill & intangibles	886M	868M	2.5B	2.7B	2.6B	3.3B	3B	2.8B	2B	1.6B
Total assets	13.9B	13B	12.9B	15.6B	19.1B	17.5B	15.8B	15B	14.8B	14.7B
Accounts payable	5B	4.9B	5.3B	5.3B	7B	6.8B	5.7B	4.6B	5B	4.7B
Short-term debt	44M	544M	56M	674M	817M	661M	654M	631M	627M	634M
Total current liabilities	7.1B	7.8B	7.5B	8.1B	10.5B	10.7B	9B	7.9B	8B	7.7B
Long-term debt	1.3B	811M	1.3B	3.3B	3.2B	3.3B	3.3B	3.4B	3.4B	3.5B
Total liabilities	9.1B	9.4B	9.6B	12.1B	14.5B	14.5B	13B	11.9B	12B	11.7B
Shareholders' equity	4.7B	3.6B	3.3B	3.5B	4.6B	3B	2.8B	3.1B	2.8B	3B
Total debt	1.4B	1.4B	1.4B	4B	4B	3.9B	4B	4B	4.1B	4.1B
Net debt	-875M	254M	-592M	1.8B	-1.5B	1B	2.1B	2.5B	2.5B	2.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Cash & short-term investments	636M	1.4B	1.2B	1.4B	643M	1.6B	1.1B	1.5B	923M	1.7B	1.7B	2.3B
Receivables	901M	939M	770M	871M	932M	1B	744M	917M	1B	1B	906M	922M
Inventory	7.6B	5B	5.2B	5.7B	7.8B	5.1B	5.2B	5.8B	8B	5.2B	5.6B	6.3B
Total current assets	9.9B	7.9B	7.8B	8.6B	10B	8.2B	7.6B	8.9B	10.6B	8.5B	8.7B	10B
Property, plant & equipment	5.1B	5B	5B	5B	5B	5B	4.9B	4.9B	4.9B	4.9B	4.9B	4.9B
Goodwill & intangibles	3B	2.8B	3B	3B	3B	2B	2B	1.9B	1.6B	1.6B	1.6B	1.6B
Total assets	16.9B	15B	14.8B	15.6B	17B	14.8B	14.1B	15.3B	16.8B	14.7B	14.9B	16.1B
Accounts payable	7.1B	4.6B	4.7B	5.5B	7.1B	5B	4.7B	5.7B	7.3B	4.7B	5.1B	6B
Short-term debt	629M	631M	628M	623M	628M	627M	621M	620M	629M	634M	625M	625M
Total current liabilities	10B	7.9B	7.6B	8.5B	9.9B	8B	7.4B	8.6B	10.1B	7.7B	7.8B	8.9B
Long-term debt	3.4B	3.4B	3.4B	3.5B	3.4B	3.4B	3.4B	3.5B	3.5B	3.5B	3.5B	3.5B
Total liabilities	14.1B	11.9B	11.7B	12.5B	13.9B	12B	11.4B	12.5B	14.1B	11.7B	11.8B	12.9B
Shareholders' equity	2.8B	3.1B	3.1B	3.1B	3.1B	2.8B	2.8B	2.7B	2.7B	3B	3.1B	3.2B
Total debt	4B	4B	4B	4.1B	4.1B	4.1B	4.1B	4.1B	4.1B	4.1B	4.1B	4.1B
Net debt	3.4B	2.5B	2.8B	2.7B	3.4B	2.5B	2.9B	2.6B	3.2B	2.4B	2.4B	1.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	1.2B	1B	1.5B	1.5B	1.8B	2.5B	1.4B	1.2B	927M	1.1B
Depreciation & amortization	654M	683M	770M	812M	839M	869M	918M	923M	866M	831M
Stock-based compensation	108M	129M	123M	143M	135M	141M	138M	145M	139M	139M
Change in working capital	344M	170M	20M	-63M	1.9B	-203M	-861M	-783M	-259M	-539M
Operating cash flow	2.6B	2.1B	2.4B	2.6B	4.9B	3.3B	1.8B	1.5B	1.6B	2B
Capital expenditure	-580M	-688M	-819M	-743M	-713M	-737M	-930M	-795M	-706M	—
Investing cash flow	-877M	-1B	508M	-895M	-788M	-1.4B	-962M	-781M	-704M	-26M
Dividends paid	-505M	-409M	-497M	-527M	-568M	-688M	-789M	-801M	-807M	-801M
Share repurchases	-698M	-2B	-1.5B	-1B	-312M	-3.5B	-1B	-340M	-500M	-273M
Financing cash flow	-1.4B	-2.3B	-2B	-1.5B	-876M	-4.3B	-1.8B	-1.1B	-1.3B	-1.1B
Net change in cash	262M	-1.2B	898M	172M	3.3B	-2.4B	-944M	-434M	-390M	853M
Free cash flow	2B	1.5B	1.6B	1.8B	4.2B	2.5B	894M	675M	1.4B	1.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Net income	263M	460M	246M	291M	273M	117M	202M	186M	140M	541M	276M	315M
Depreciation & amortization	229M	221M	219M	218M	213M	216M	211M	211M	206M	203M	194M	195M
Stock-based compensation	35M	35M	38M	36M	34M	31M	40M	35M	31M	33M	40M	34M
Change in working capital	-423M	490M	-374M	123M	-763M	755M	-475M	97M	-657M	496M	-137M	378M
Operating cash flow	109M	1.4B	156M	675M	-246M	1.1B	34M	749M	-99M	1.3B	375M	921M
Capital expenditure	-217M	-183M	-152M	-183M	-193M	-178M	-166M	—	—	—	—	—
Investing cash flow	-219M	-188M	-167M	-185M	-170M	-176M	-166M	—	2M	1M	—	—
Dividends paid	-201M	-198M	-202M	-203M	-202M	-200M	-202M	-201M	-199M	-199M	-202M	-203M
Share repurchases	-112M	-70M	-50M	-98M	-137M	-215M	-100M	-65M	-35M	-73M	0	-36M
Financing cash flow	-313M	-272M	-252M	-301M	-339M	-415M	-305M	-269M	-224M	-280M	-202M	-239M
Net change in cash	-423M	934M	-263M	189M	-755M	530M	-437M	480M	-321M	999M	173M	682M
Free cash flow	-108M	997M	4M	478M	-449M	1.4B	-132M	574M	-287M	1.1B	215M	737M

Date	Ratio
Aug 4, 2005	3:2
May 13, 2002	3:2
Mar 19, 1999	2:1
May 27, 1998	2:1
Apr 29, 1994	2:1
Sep 2, 1993	3:2
Feb 24, 1987	3:2
Feb 23, 1987	3:2
Apr 1, 1986	2:1

Best Buy Co., Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history