FirmAtlas
Company handbook · BBY · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
BBY · CIK 764478 · LATEST FILING: 10-Q AUG '26 · FILED SEP 4, 2026
BEST BUY CO., INC.
$92.63
−1.54 (−1.64%)
Close, Oct 16, 2026 · 52-week $55–97
Last fiscal year
BEST BUY CO., INC. reported revenue of $41.7B for the year ended Jan 31, 2026 (FY25), up 0.4% from FY24. Net income was $1.1B, operating cash flow $2.0B and free cash flow $1.3B. Source: 10-K filed Mar 18, 2026.
Market cap
$19.4B
P/E
15.2
EV/EBITDA
8.3x
P/B
6.1
Div yield
4.13%
ROIC
50.1%
Revenue 1Y
0.4%/yr
EPS 1Y
17.8%/yr
Shares 1Y
−1%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOCorie Barry
HQRichfield, MN
AuditorDeloitte & Touche LLP
Employees82,000
Year endsJanuary
Revenue by segment · FY25
Domestic92%
International8%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
8.9%
−4.0%
9.4%
17.9%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$3.8B deployed
Capex
$1.4B
37.2%
Dividends
$1.6B
42.4%
Buybacks
$773M
20.4%
Operating cash flow over the period: $4.1B. Total debt changed by +$22M.
More cash than debt at the end of FY25.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Jan 31, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Aug '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
41,528
41,691+0.4%
42,201
YoY
+0.4%
Gross profit
9,385
9,373−0.1%
9,570
Gross margin
22.6%
22.5%−0.1 pp
—
Operating income
1,262
1,389+10.1%
1,710
Operating margin
3.0%
3.3%+0.3 pp
—
EBITDA
2,128
2,220+4.3%
—
EBITDA margin
5.1%
5.3%+0.2 pp
—
Interest expense
51
47−7.8%
—
Interest coverage
41.73x
47.23x+5.51x
—
Net income
927
1,069+15.3%
1,272
YoY
+15.3%
Net margin
2.2%
2.6%+0.3 pp
—
EPS (diluted, $)
4.28
5.04+17.8%
6.04
YoY
+17.8%
Balance sheet
Total assets
14,782
14,670−0.8%
16,107
Cash & short-term investments
1,868
2,023+8.3%
—
Accounts receivable
1,044
1,043−0.1%
—
Inventory
5,085
5,230+2.9%
—
Net PP&E
2,122
1,986−6.4%
—
Other assets
4,663
4,388−5.9%
—
Total liabilities
11,974
11,706−2.2%
12,924
Accounts payable
4,980
4,745−4.7%
—
Total debt
1,154
1,176+1.9%
1,169
Other liabilities
5,840
5,785−0.9%
—
Shareholders’ equity
2,808
2,964+5.6%
3,183
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,098
1,962−6.5%
2,475
Net income
927
1,069+15.3%
—
Depreciation & amortization
866
831−4.0%
—
Stock-based compensation
139
139+0.0%
—
Working capital & other
166
(77)−146.4%
—
Cash from investing
(704)
(730)n/m
—
Capex
(706)
(704)n/m
—
Investments bought
(26)
(1)n/m
—
Investments sold / matured
20
0−100.0%
—
Other investing
8
(25)−412.5%
—
Cash from financing
(1,309)
(1,083)n/m
—
Debt repaid
(17)
(13)n/m
—
Dividends
(807)
(801)n/m
—
Buybacks
(500)
(273)n/m
—
Shares issued
17
5−70.6%
—
Other financing
(2)
(1)n/m
—
Net change in cash
75
155+106.7%
—
Free cash flow (OCF − capex)
1,392
1,258−9.6%
1,768
Where the cash went
Operating cash flow
2,098
1,962−6.5%
2,475
Reinvested in the business
706
704−0.3%
—
% of operating cash flow
33.7%
35.9%
Capex
706
704−0.3%
707
Free cash flow
1,392
1,258−9.6%
1,768
YoY
−9.6%
Returned to shareholders
1,307
1,074−17.8%
—
% of free cash flow
93.9%
85.4%
Dividends
807
801−0.7%
—
Buybacks
500
273−45.4%
—
Change in total debt
—
22
—
Cash left over
—
206
—
FCF conversion (FCF ÷ net income)
150.2%
117.7%−32.5 pp
—
Owner earnings
—
817
—
Owner earnings margin
—
2.0%
—
Buyback yield
2.8%
2.0%−0.7 pp
—
Returns & ratios
ROIC (all capital)
43.0%
50.1%+7.2 pp
—
ROIC (operating)
27.5%
31.1%+3.6 pp
—
Net debt / EBITDA
−0.34x
−0.38x−0.05x
—
Debt / equity
0.41x
0.40x−0.01x
—
Cash conversion cycle (days)
10
15+4 d
—
ROE
33.0%
36.1%+3.1 pp
—
ROA
6.3%
7.3%+1.0 pp
—
ROCE
18.7%
19.9%+1.2 pp
—
NOPAT
899
1,056+17.4%
—
Invested capital (operating)
3,271
3,514+7.4%
—
Invested capital (all)
2,094
2,117+1.1%
—
Reinvestment rate
—
23.0%
—
Debtor days
9
9−0 d
—
Inventory days
58
59+1 d
—
Days payable
57
54−3 d
—
Income
Nov '25
Jan '26
May '26
Aug '26
Revenue
9,672
13,814
8,936
9,779
vs year-ago quarter
Gross profit
2,248
2,882
2,102
2,338
Gross margin
23.2%
20.9%
23.5%
23.9%
Operating income
198
721
370
421
Net income
140
541
276
315
vs year-ago quarter
Net margin
1.4%
3.9%
3.1%
3.2%
EPS (diluted, $)
0.66
2.59
1.31
1.48
vs year-ago quarter
Balance sheet
Nov '25
Jan '26
May '26
Aug '26
Total assets
16,786
14,670
14,890
16,107
Cash & equivalents
1,194
2,023
2,036
2,534
Total debt
1,175
1,176
1,169
1,169
Shareholders’ equity
2,653
2,964
3,083
3,183
Cash flow
Nov '25
Jan '26
May '26
Aug '26
Operating cash flow
(99)
1,278
375
921
Capex
188
175
160
184
Free cash flow
(287)
1,103
215
737
vs year-ago quarter