Overview
BEST BUY CO INC
Latest 10-K: FY2026, filed Mar 18, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $41.69B
- 0.4%YoYup from FY2025
- TotalRevenue
- Gross profit
- $9.37B
- 0.1%YoYdown from FY2025
- GrossProfit
- Operating income
- $1.39B
- 10.1%YoYup from FY2025
- OperatingIncome
- Net income
- $1.07B
- 15.3%YoYup from FY2025
- NetIncome
- Diluted EPS
- $5.04
- 17.8%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 212.1M
- 2.1%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- BEST BUY CO INC reported revenue of $41.69B for fiscal 2026, up 0.4% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 0 of the last 4 fiscal years.
Profitability
- Operating margin was 3.3% and net margin was 2.6%.
Per share
- Diluted EPS was $5.04, up 17.8% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $41.69B0.4%up | $41.53B4.4%down Benchmark median 6.4% | $43.45B6.1%down Benchmark median 4.5% | $46.30B10.6%down Benchmark median 4.8% | $51.76B9.5%up Benchmark median 10.3% | -5.3% |
| Gross Profit Median of 315 / 498 | $9.37B0.1%down | $9.38B2.3%down Benchmark median 6.8% | $9.60B3.1%down Benchmark median 5.5% | $9.91B14.8%down Benchmark median 5.2% | $11.64B10.1%up Benchmark median 8.3% | -5.3% |
| Operating Income Median of 373 / 498 | $1.39B10.1%up | $1.26B19.8%down Benchmark median 7.3% | $1.57B12.3%down Benchmark median 7.4% | $1.79B40.9%down Benchmark median 4.9% | $3.04B27.1%up Benchmark median 7.5% | -17.8% |
| Net Income | $1.07B15.3%up | $0.93B25.3%down Benchmark median 4.8% | $1.24B12.5%down Benchmark median 5.7% | $1.42B42.2%down Benchmark median 1.9% | $2.45B36.5%up Benchmark median 1.3% | -18.8% |
| EPS (Diluted) | $5.0417.8%up | $4.2824.6%down Benchmark median 6.2% | $5.689.7%down Benchmark median 7.9% | $6.2936.1%down Benchmark median 1.9% | $9.8443.9%up Benchmark median 1.5% | -15.4% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $14.67B0.8%down | $14.78B1.2%down Benchmark median 5.6% | $14.97B5.3%down Benchmark median 3.4% | $15.80B9.7%down Benchmark median 4.1% | $17.50B8.2%down Benchmark median 2.2% | -4.3% |
| Total Liabilities Median of 357 / 498 | — | — | — | — | — | — |
| Stockholders' Equity | $2.96B5.6%up | $2.81B8.0%down Benchmark median 6.8% | $3.05B9.2%up Benchmark median 5.4% | $2.79B7.5%down Benchmark median 7.3% | $3.02B34.2%down Benchmark median 2.5% | -0.5% |
| Cash & Equivalents | $1.74B10.1%up | $1.58B9.1%up Benchmark median 5.2% | $1.45B22.8%down Benchmark median 1.9% | $1.87B36.2%down Benchmark median 6.7% | $2.94B46.6%down Benchmark median -8.6% | -12.3% |
| Total Debt | $1.18B1.9%up | $1.15B0.9%down Benchmark median 2.1% | $1.17B0.9%down Benchmark median 0.2% | $1.18B4.3%down Benchmark median 0.3% | $1.23B10.7%down Benchmark median 0.1% | -1.1% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.96B6.5%down | $2.10B42.7%up Benchmark median 6.3% | $1.47B19.4%down Benchmark median 4.8% | $1.82B43.9%down Benchmark median 9.9% | $3.25B34.0%down Benchmark median -0.7% | -11.9% |
| Capital Expenditures | $704.00M0.3%down | $706.00M11.2%down Benchmark median 5.4% | $795.00M14.5%down Benchmark median 2.8% | $930.00M26.2%up Benchmark median 11.3% | $737.00M3.4%up Benchmark median 14.0% | -1.1% |
| Free Cash Flow Median of 378 / 498 | $1.26B9.6%down | $1.39B106.2%up Benchmark median 7.3% | $0.68B24.5%down Benchmark median 6.1% | $0.89B64.5%down Benchmark median 8.8% | $2.52B40.3%down Benchmark median -11.3% | -15.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
7.7%
Wall Street
on net earnings
FY2025 5.0%
9.1%
Value investor
on free cash flow
FY2025 7.5%
Gap +1.4 pts: Value-investor figure 1.4 points higher
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 12.9×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
16.8%
Wall Street
on EBITDA
FY2025 11.7%
10.5%
Value investor
on EBIT
FY2025 6.9%
Gap −6.3 pts: Value-investor figure 6.3 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 6.0×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
21.5%
Wall Street
on book equity
FY2025 15.1%
15.7%
Value investor
on tangible book
FY2025 10.2%
Gap −5.8 pts: Value-investor figure 5.8 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 4.7×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
37.0%
Wall Street
ROE: net income ÷ equity
FY2025 31.6%
20.1%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 17.2%
Gap −16.9 pts: Value-investor figure 16.9 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
5.3%
Wall Street
EBITDA margin
FY2025 5.1%
3.0%
Value investor
Free-cash-flow margin
FY2025 3.4%
Gap −2.3 pts: Value-investor figure 2.3 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.11×
Wall Street
Current ratio
FY2025 1.03×
0.43×
Value investor
Quick ratio, inventory excluded
FY2025 0.39×
Gap −0.68×: Value-investor figure 0.68 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
1.89×
Wall Street
EBITDA ÷ total debt
FY2025 1.84×
1.07×
Value investor
FCF ÷ total debt
FY2025 1.21×
Gap −0.82×: Value-investor figure 0.82 lower
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net cashValue investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
47.2×
Wall Street
EBITDA ÷ interest
FY2025 41.7×
29.6×
Value investor
EBIT ÷ interest
FY2025 24.7×
Gap −17.6×: Value-investor figure 17.6 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on BBY yet.
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Cite this page
Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/BBY
Valuein. (2026, October 31). BEST BUY CO INC (BBY) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/BBY
@misc{valuein_bby_2026,
author = {{Valuein}},
title = {BEST BUY CO INC (BBY) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/BBY}},
note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}10-K filed Mar 18, 2026 · accession 0000764478-26-000009
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point-in-time · survivorship-free · every number traceable to its SEC filing
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