Best Buy (BBY) Financials

$60.47 +0.72 (+1.21%)

Closing price 04/11/2025 03:59 PM Eastern

Extended Trading

$59.72 -0.75 (-1.23%)

As of 04/11/2025 07:57 PM Eastern

Annual Income Statements for Best Buy

This table shows Best Buy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Net Income / (Loss) Attributable to Common Shareholders	1,233	897	1,228	1,000	1,464	1,541	1,798	2,454	1,419	1,241	927
Consolidated Net Income / (Loss)	1,235	897	1,228	1,000	1,464	1,541	1,798	2,454	1,419	1,241	927
Net Income / (Loss) Continuing Operations	1,246	807	1,207	999	1,464	1,541	1,798	2,454	1,419	1,241	927
Total Pre-Tax Income	1,387	1,310	1,816	1,817	1,888	1,993	2,377	3,024	1,788	1,621	1,295
Total Operating Income	1,450	1,375	1,854	1,843	1,900	2,009	2,391	3,039	1,795	1,574	1,262
Total Gross Profit	9,047	9,191	9,440	9,876	9,961	10,048	10,573	11,640	9,912	9,603	9,385
Total Revenue	40,339	39,528	39,403	42,151	42,879	43,638	47,262	51,761	46,298	43,452	41,528
Operating Revenue	40,339	39,528	39,403	42,151	42,879	43,638	47,262	51,761	46,298	43,452	41,528
Total Cost of Revenue	31,292	30,334	29,963	32,275	32,918	33,590	36,689	40,121	36,386	33,849	32,143
Operating Cost of Revenue	31,292	30,334	29,963	32,275	32,918	33,590	36,689	40,121	36,386	33,849	32,143
Total Operating Expenses	7,597	7,816	7,586	8,033	8,061	8,039	8,182	8,601	8,117	8,029	8,123
Selling, General & Admin Expense	7,592	7,618	7,547	8,023	8,015	7,998	7,928	8,635	7,970	7,876	7,651
Impairment Charge	0.00	-	-	-	-	-	-	-	0.00	0.00	475
Restructuring Charge	5.00	198	39	10	46	41	254	-34	147	153	-3.00
Total Other Income / (Expense), net	-63	-65	-38	-26	-12	-17	-14	-15	-7.00	47	33
Interest Expense	90	80	72	75	73	64	52	25	35	52	51
Interest & Investment Income	27	15	34	49	61	47	38	10	28	78	84
Other Income / (Expense), net	-	-	-	-	-	-	-	0.00	0.00	21	0.00
Income Tax Expense	141	503	609	818	424	452	579	574	370	381	372
Other Gains / (Losses), net	-	-	-	-	-	0.00	0.00	4.00	1.00	1.00	4.00
Basic Earnings per Share	$3.53	$2.59	$3.86	$3.33	$5.30	$5.82	$6.93	$9.94	$6.31	$5.70	$4.31
Weighted Average Basic Shares Outstanding	349.50M	346.50M	318.50M	300.40M	276.40M	264.90M	259.60M	246.80M	224.80M	217.70M	215.20M
Diluted Earnings per Share	$3.49	$2.56	$3.81	$3.26	$5.20	$5.75	$6.84	$9.84	$6.29	$5.68	$4.28
Weighted Average Diluted Shares Outstanding	353.60M	350.70M	322.60M	307.10M	281.40M	268.10M	263M	249.30M	225.70M	218.50M	216.60M
Weighted Average Basic & Diluted Shares Outstanding	349.30M	346.30M	318.10M	300.30M	275.20M	256.97M	250.04M	225.23M	218.05M	215.38M	211.37M
Cash Dividends to Common per Share	$0.72	$1.43	$1.57	$1.36	$1.80	$2.00	$2.20	$2.80	$3.52	$3.68	$3.76

This table shows Best Buy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Net Income / (Loss) Attributable to Common Shareholders	306	277	495	244	274	263	460	246	291	273	117
Consolidated Net Income / (Loss)	306	277	495	244	274	263	460	246	291	273	117
Net Income / (Loss) Continuing Operations	306	277	495	244	274	263	460	246	291	273	117
Total Pre-Tax Income	367	359	611	320	369	348	584	325	391	356	223
Total Operating Income	371	365	597	311	348	354	561	312	383	350	217
Total Gross Profit	2,287	2,332	2,940	2,150	2,220	2,232	3,001	2,064	2,186	2,217	2,918
Total Revenue	10,329	10,587	14,735	9,467	9,583	9,756	14,646	8,847	9,288	9,445	13,948
Operating Revenue	10,329	10,587	14,735	9,467	9,583	9,756	14,646	8,847	9,288	9,445	13,948
Total Cost of Revenue	8,042	8,255	11,795	7,317	7,363	7,524	11,645	6,783	7,102	7,228	11,030
Operating Cost of Revenue	8,042	8,255	11,795	7,317	7,363	7,524	11,645	6,783	7,102	7,228	11,030
Total Operating Expenses	1,916	1,967	2,343	1,839	1,872	1,878	2,440	1,752	1,803	1,867	2,701
Selling, General & Admin Expense	1,882	1,941	2,257	1,848	1,879	1,878	2,271	1,737	1,810	1,871	2,233
Restructuring Charge	34	26	86	-9.00	-7.00	0.00	169	15	-7.00	-4.00	-7.00
Total Other Income / (Expense), net	-4.00	-6.00	14	9.00	21	-6.00	23	13	8.00	6.00	6.00
Interest Expense	7.00	10	12	12	12	14	14	12	13	13	13
Interest & Investment Income	3.00	4.00	26	21	12	8.00	37	25	21	19	19
Income Tax Expense	58	84	118	75	96	86	124	80	101	85	106
Basic Earnings per Share	$1.36	$1.23	$2.22	$1.11	$1.25	$1.21	$2.13	$1.14	$1.35	$1.27	$0.55
Weighted Average Basic Shares Outstanding	225.40M	225.50M	224.80M	218.90M	218.60M	217.80M	217.70M	216.20M	216M	214.80M	215.20M
Diluted Earnings per Share	$1.35	$1.22	$2.23	$1.11	$1.25	$1.21	$2.11	$1.13	$1.34	$1.26	$0.55
Weighted Average Diluted Shares Outstanding	226.10M	226.20M	225.70M	219.90M	219M	218.30M	218.50M	217.20M	217.10M	216.70M	216.60M
Weighted Average Basic & Diluted Shares Outstanding	225.13M	221.26M	218.05M	218.21M	217.64M	215.40M	215.38M	215.71M	214.73M	213.80M	211.37M

This table details how cash moves in and out of Best Buy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Net Change in Cash & Equivalents	-52	-757	272	-1,133	884	171	3,270	-2,420	-952	-460	75
Net Cash From Operating Activities	1,935	1,343	2,557	2,141	2,408	2,565	4,927	3,252	1,824	1,470	2,098
Net Cash From Continuing Operating Activities	1,935	1,343	2,557	2,141	2,408	2,565	4,927	3,252	1,824	1,470	2,098
Net Income / (Loss) Continuing Operations	1,235	897	1,228	1,000	1,464	1,541	1,798	2,454	1,419	1,241	927
Consolidated Net Income / (Loss)	1,235	897	1,228	1,000	1,464	1,541	1,798	2,454	1,419	1,241	927
Depreciation Expense	656	657	654	683	770	812	839	869	918	923	866
Non-Cash Adjustments To Reconcile Net Income	117	206	164	126	144	205	392	118	297	303	623
Changes in Operating Assets and Liabilities, net	-73	-417	513	332	30	7.00	1,898	-189	-810	-997	-318
Net Cash From Investing Activities	-1,712	-526	-877	-1,002	508	-895	-788	-1,372	-962	-781	-704
Net Cash From Continuing Investing Activities	-1,712	-526	-877	-1,002	508	-895	-788	-1,372	-962	-781	-704
Purchase of Property, Plant & Equipment	-561	-649	-580	-688	-819	-743	-713	-737	-930	-795	-706
Purchase of Investments	-2,804	-2,281	-3,045	-4,325	0.00	-330	-620	-233	-46	-9.00	-26
Divestitures	39	-51	-	-	-	-	-	0.00	0.00	14	0.00
Sale and/or Maturity of Investments	1,580	2,427	2,689	4,018	2,098	322	546	66	7.00	7.00	20
Other Investing Activities, net	34	28	59	-7.00	16	1.00	-1.00	0.00	7.00	2.00	8.00
Net Cash From Financing Activities	-223	-1,536	-1,418	-2,297	-2,018	-1,498	-876	-4,297	-1,806	-1,144	-1,309
Net Cash From Continuing Financing Activities	-223	-1,536	-1,418	-2,297	-2,018	-1,498	-876	-4,297	-1,806	-1,144	-1,309
Repayment of Debt	-22	-29	-394	-47	-552	-16	-1,916	-136	-19	-22	-19
Repurchase of Common Equity	0.00	-1,055	-698	-2,004	-1,505	-1,003	-312	-3,502	-1,014	-340	-500
Payment of Dividends	-251	-499	-505	-409	-497	-527	-568	-688	-789	-801	-807
Issuance of Common Equity	50	47	171	163	38	48	28	29	16	19	17
Effect of Exchange Rate Changes	-52	-38	10	25	-14	-1.00	7.00	-3.00	-8.00	-5.00	-10
Cash Interest Paid	81	77	76	81	71	62	50	22	31	51	46
Cash Income Taxes Paid	355	550	628	366	391	514	442	716	283	543	643

This table details how cash moves in and out of Best Buy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Net Change in Cash & Equivalents	192	141	960	-821	59	-432	734	-266	171	-760	930
Net Cash From Operating Activities	675	601	1,932	-331	512	109	1,180	156	661	-256	1,537
Net Cash From Continuing Operating Activities	675	601	1,932	-331	512	109	1,180	156	661	-256	1,537
Net Income / (Loss) Continuing Operations	306	277	495	244	274	263	460	246	291	273	117
Consolidated Net Income / (Loss)	306	277	495	244	274	263	460	246	291	273	117
Depreciation Expense	229	226	239	237	236	229	221	219	218	213	216
Non-Cash Adjustments To Reconcile Net Income	67	59	119	43	-3.00	40	223	65	29	21	508
Changes in Operating Assets and Liabilities, net	73	39	1,079	-855	5.00	-423	276	-374	123	-763	696
Net Cash From Investing Activities	-271	-252	-226	-204	-177	-219	-181	-167	-185	-170	-182
Net Cash From Continuing Investing Activities	-271	-252	-226	-204	-177	-219	-181	-167	-185	-170	-182
Purchase of Property, Plant & Equipment	-226	-255	-234	-204	-191	-217	-183	-152	-183	-193	-178
Other Investing Activities, net	1.00	3.00	1.00	0.00	-	-2.00	4.00	-15	-2.00	23	2.00
Net Cash From Financing Activities	-211	-197	-748	-281	-279	-312	-272	-252	-305	-335	-417
Net Cash From Continuing Financing Activities	-211	-197	-748	-281	-279	-312	-272	-252	-305	-335	-417
Repayment of Debt	-3.00	1.00	-21	-	-	1.00	-23	-	-	4.00	-19
Repurchase of Common Equity	-10	-	-549	-79	-79	-112	-70	-50	-98	-137	-215
Payment of Dividends	-198	-198	-194	-202	-200	-201	-198	-202	-203	-202	-200

This table presents Best Buy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	15,245	13,519	13,856	13,049	12,901	15,591	19,067	17,504	15,803	14,967	14,782
Total Current Assets	11,472	9,886	10,516	9,829	8,870	8,857	12,540	10,539	8,802	7,897	8,224
Cash & Equivalents	2,432	1,976	2,240	1,101	1,980	2,229	5,494	2,936	1,874	1,447	1,578
Accounts Receivable	1,280	1,162	1,347	1,049	1,015	1,149	1,061	1,042	1,141	939	1,044
Inventories, net	5,174	5,051	4,864	5,209	5,409	5,174	5,612	5,965	5,140	4,958	5,085
Other Current Assets	449	392	384	438	466	305	373	596	647	553	517
Plant, Property, & Equipment, net	2,295	2,346	2,293	2,421	2,510	2,328	2,260	2,250	2,352	2,260	2,122
Plant, Property & Equipment, gross	7,660	8,107	8,143	8,700	9,200	9,228	9,256	8,341	6,976	7,076	7,052
Accumulated Depreciation	5,365	5,761	5,850	6,279	6,690	6,900	6,996	6,091	4,624	4,816	4,930
Total Noncurrent Assets	1,478	1,287	1,047	799	1,521	4,406	4,267	4,715	4,649	4,810	4,436
Goodwill	425	425	425	425	915	984	986	1,384	1,383	1,383	908
Other Noncurrent Operating Assets	829	831	622	374	606	3,422	3,281	3,331	3,266	3,427	3,528
Total Liabilities & Shareholders' Equity	15,245	13,519	13,856	13,049	12,901	15,591	19,067	17,504	15,803	14,967	14,782
Total Liabilities	10,245	9,141	9,147	9,437	9,595	12,112	14,480	14,484	13,008	11,914	11,974
Total Current Liabilities	7,777	6,925	7,122	7,817	7,513	8,060	10,521	10,674	8,979	7,909	8,016
Short-Term Debt	41	395	44	544	56	14	124	13	16	13	10
Accounts Payable	5,030	4,450	4,984	4,873	5,257	5,288	6,979	6,803	5,687	4,637	4,980
Accrued Expenses	1,193	1,211	1,292	1,386	982	906	972	946	843	902	741
Current Deferred Revenue	326	357	418	453	446	782	1,028	1,419	1,390	1,253	1,204
Current Employee Benefit Liabilities	372	384	358	561	482	410	725	845	405	486	464
Other Current Liabilities	-	-	-	-	290	660	693	648	638	618	617
Total Noncurrent Liabilities	2,468	2,216	2,025	1,620	2,082	4,052	3,959	3,810	4,029	4,005	3,958
Long-Term Debt	1,572	1,339	1,321	811	1,332	1,257	1,253	1,216	1,160	1,152	1,144
Noncurrent Deferred Revenue	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Other Noncurrent Operating Liabilities	881	877	704	809	750	2,795	2,706	2,594	2,869	2,853	2,814
Commitments & Contingencies	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,000	4,378	4,709	3,612	3,306	3,479	4,587	3,020	2,795	3,053	2,808
Total Preferred & Common Equity	4,995	0.00	4,709	3,612	3,306	3,479	4,587	3,020	2,795	3,053	2,808
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,995	4,378	4,709	3,612	3,306	3,479	4,587	3,020	2,795	3,053	2,808
Common Stock	472	32	31	28	27	26	26	23	43	53	22
Retained Earnings	4,141	4,130	4,399	3,270	2,985	3,158	4,233	2,668	2,430	2,683	2,486
Accumulated Other Comprehensive Income / (Loss)	382	271	279	314	294	295	328	329	322	317	300

This table presents Best Buy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Total Assets	15,251	15,419	17,021	15,803	14,688	15,318	16,882	14,967	14,752	15,624	17,018
Total Current Assets	8,315	8,344	9,922	8,802	7,762	8,304	9,865	7,897	7,753	8,562	9,955
Cash & Equivalents	640	840	932	1,874	1,030	1,093	636	1,447	1,214	1,387	643
Accounts Receivable	804	840	1,050	1,141	860	856	901	939	770	871	932
Inventories, net	6,258	6,043	7,294	5,140	5,219	5,651	7,562	4,958	5,225	5,706	7,806
Other Current Assets	613	621	646	647	653	704	766	553	544	598	574
Plant, Property, & Equipment, net	2,251	2,319	2,373	2,352	2,321	2,305	2,313	2,260	2,196	2,183	2,196
Total Noncurrent Assets	4,685	4,756	4,726	4,649	4,605	4,709	4,704	4,810	4,803	4,879	4,867
Goodwill	1,385	1,385	1,383	1,383	1,383	1,383	1,383	1,383	1,383	1,383	1,383
Other Noncurrent Operating Assets	3,300	3,371	3,343	3,266	3,222	3,326	3,321	3,427	3,420	3,496	3,484
Total Liabilities & Shareholders' Equity	15,251	15,419	17,021	15,803	14,688	15,318	16,882	14,967	14,752	15,624	17,018
Total Liabilities	12,484	12,527	14,028	13,008	11,895	12,483	14,070	11,914	11,670	12,517	13,936
Total Current Liabilities	8,635	8,650	10,170	8,979	7,908	8,433	10,010	7,909	7,649	8,451	9,948
Short-Term Debt	15	15	16	16	15	15	15	13	15	13	12
Accounts Payable	5,492	5,406	7,056	5,687	4,874	5,471	7,133	4,637	4,664	5,542	7,145
Accrued Expenses	771	820	744	843	759	709	760	902	812	756	690
Current Deferred Revenue	1,385	1,406	1,353	1,390	1,271	1,246	1,179	1,253	1,165	1,183	1,124
Current Employee Benefit Liabilities	336	374	363	405	364	377	309	486	380	347	361
Other Current Liabilities	636	629	638	638	625	615	614	618	613	610	616
Total Noncurrent Liabilities	3,849	3,877	3,858	4,029	3,987	4,050	4,060	4,005	4,021	4,066	3,988
Long-Term Debt	1,170	1,184	1,142	1,160	1,155	1,145	1,130	1,152	1,134	1,157	1,144
Noncurrent Deferred Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Noncurrent Operating Liabilities	2,679	2,693	2,716	2,869	2,832	2,905	2,930	2,853	2,887	2,909	2,844
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,767	2,892	2,993	2,795	2,793	2,835	2,812	3,053	3,082	3,107	3,082
Total Preferred & Common Equity	2,767	2,892	2,993	2,795	2,793	2,835	2,812	3,053	3,082	3,107	3,082
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,767	2,892	2,993	2,795	2,793	2,835	2,812	3,053	3,082	3,107	3,082
Common Stock	22	42	83	43	22	22	22	53	48	22	22
Retained Earnings	2,417	2,522	2,597	2,430	2,454	2,491	2,482	2,683	2,722	2,775	2,751
Accumulated Other Comprehensive Income / (Loss)	328	328	313	322	317	322	308	317	312	310	309

This table displays calculated financial ratios and metrics derived from Best Buy's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.67%	-2.01%	-0.32%	6.97%	1.73%	1.77%	8.30%	9.52%	-10.55%	-6.15%	-4.43%
EBITDA Growth	13.23%	-3.51%	23.43%	0.72%	5.70%	5.66%	14.50%	20.99%	-30.58%	-7.19%	-15.49%
EBIT Growth	26.75%	-5.17%	34.84%	-0.59%	3.09%	5.74%	19.01%	27.10%	-40.93%	-11.14%	-20.88%
NOPAT Growth	77.43%	-34.97%	45.48%	-17.77%	45.40%	5.43%	16.43%	36.14%	-42.18%	-15.42%	-25.30%
Net Income Growth	136.14%	-27.37%	36.90%	-18.57%	46.40%	5.26%	16.68%	36.49%	-42.18%	-12.54%	-25.30%
EPS Growth	128.10%	-26.65%	48.83%	-14.44%	59.51%	10.58%	18.96%	43.86%	-36.08%	-9.70%	-24.65%
Operating Cash Flow Growth	76.87%	-30.59%	90.39%	-16.27%	12.47%	6.52%	92.09%	-34.00%	-43.91%	-19.41%	42.72%
Free Cash Flow Firm Growth	0.00%	-66.63%	258.61%	-29.11%	-55.47%	194.35%	121.01%	-58.05%	-60.50%	-17.12%	142.71%
Invested Capital Growth	-9.76%	13.04%	-23.11%	-14.82%	47.98%	-7.11%	-81.36%	179.36%	59.71%	32.14%	-13.97%
Revenue Q/Q Growth	3.96%	-1.46%	-0.36%	4.67%	-1.29%	0.91%	3.82%	-1.09%	-3.40%	-0.20%	-1.65%
EBITDA Q/Q Growth	19.59%	-2.31%	4.59%	0.44%	5.66%	-0.91%	2.28%	-5.24%	-6.61%	-1.29%	-14.09%
EBIT Q/Q Growth	30.28%	-2.76%	6.31%	-0.49%	5.91%	-0.54%	2.84%	-7.04%	-10.29%	-0.93%	-21.42%
NOPAT Q/Q Growth	17.37%	-4.74%	11.07%	-19.96%	34.42%	0.36%	3.64%	-6.72%	-9.43%	-3.18%	-26.74%
Net Income Q/Q Growth	22.40%	-4.37%	11.64%	-19.55%	33.94%	0.65%	4.11%	-7.19%	-8.45%	-2.74%	-27.01%
EPS Q/Q Growth	21.60%	-3.03%	15.45%	-17.26%	37.57%	2.68%	0.00%	0.00%	-5.84%	-2.07%	-26.71%
Operating Cash Flow Q/Q Growth	25.32%	-17.30%	11.81%	-9.01%	17.75%	14.61%	-10.98%	56.27%	-12.43%	-33.84%	20.51%
Free Cash Flow Firm Q/Q Growth	22.44%	-50.34%	25.00%	-18.51%	192.19%	23.96%	-15.86%	76.07%	58.36%	-53.57%	34.88%
Invested Capital Q/Q Growth	-19.32%	-3.58%	-14.22%	-14.34%	-10.55%	-20.55%	41.99%	-35.98%	-34.86%	-16.56%	-33.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.43%	23.25%	23.96%	23.43%	23.23%	23.03%	22.37%	22.49%	21.41%	22.10%	22.60%
EBITDA Margin	5.22%	5.14%	6.37%	5.99%	6.23%	6.46%	6.83%	7.55%	5.86%	5.79%	5.12%
Operating Margin	3.59%	3.48%	4.71%	4.37%	4.43%	4.60%	5.06%	5.87%	3.88%	3.62%	3.04%
EBIT Margin	3.59%	3.48%	4.71%	4.37%	4.43%	4.60%	5.06%	5.87%	3.88%	3.67%	3.04%
Profit (Net Income) Margin	3.06%	2.27%	3.12%	2.37%	3.41%	3.53%	3.80%	4.74%	3.06%	2.86%	2.23%
Tax Burden Percent	89.04%	68.47%	67.62%	55.04%	77.54%	77.32%	75.64%	81.15%	79.36%	76.56%	71.58%
Interest Burden Percent	95.66%	95.27%	97.95%	98.59%	99.37%	99.20%	99.41%	99.51%	99.61%	101.63%	102.61%
Effective Tax Rate	10.17%	38.40%	33.54%	45.02%	22.46%	22.68%	24.36%	18.98%	20.69%	23.50%	28.73%
Return on Invested Capital (ROIC)	49.89%	32.10%	49.76%	50.83%	64.79%	59.35%	120.94%	276.18%	83.49%	49.47%	34.90%
ROIC Less NNEP Spread (ROIC-NNEP)	53.48%	29.67%	49.96%	51.44%	65.57%	60.94%	121.35%	276.46%	83.87%	41.93%	27.10%
Return on Net Nonoperating Assets (RNNOA)	-22.41%	-12.97%	-22.73%	-26.79%	-22.46%	-13.92%	-76.35%	-211.66%	-34.69%	-7.03%	-3.26%
Return on Equity (ROE)	27.48%	19.13%	27.03%	24.04%	42.32%	45.42%	44.58%	64.52%	48.80%	42.44%	31.63%
Cash Return on Invested Capital (CROIC)	60.15%	19.86%	75.88%	66.83%	26.09%	66.72%	258.08%	181.62%	37.51%	21.78%	49.91%
Operating Return on Assets (OROA)	9.91%	9.56%	13.55%	13.70%	14.64%	14.10%	13.80%	16.62%	10.78%	10.37%	8.48%
Return on Assets (ROA)	8.44%	6.24%	8.97%	7.43%	11.28%	10.82%	10.38%	13.42%	8.52%	8.07%	6.23%
Return on Common Equity (ROCE)	27.45%	19.12%	27.03%	24.04%	42.32%	45.42%	44.58%	64.52%	48.80%	42.44%	31.63%
Return on Equity Simple (ROE_SIMPLE)	24.72%	0.00%	26.08%	27.69%	44.28%	44.29%	39.20%	81.26%	50.77%	40.65%	33.01%
Net Operating Profit after Tax (NOPAT)	1,303	847	1,232	1,013	1,473	1,553	1,809	2,462	1,424	1,204	899
NOPAT Margin	3.23%	2.14%	3.13%	2.40%	3.44%	3.56%	3.83%	4.76%	3.07%	2.77%	2.17%
Net Nonoperating Expense Percent (NNEP)	-3.59%	2.44%	-0.21%	-0.61%	-0.79%	-1.60%	-0.42%	-0.28%	-0.38%	7.54%	7.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	35.85%	28.55%	22.70%
Cost of Revenue to Revenue	77.57%	76.74%	76.04%	76.57%	76.77%	76.97%	77.63%	77.51%	78.59%	77.90%	77.40%
SG&A Expenses to Revenue	18.82%	19.27%	19.15%	19.03%	18.69%	18.33%	16.77%	16.68%	17.21%	18.13%	18.42%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.83%	19.77%	19.25%	19.06%	18.80%	18.42%	17.31%	16.62%	17.53%	18.48%	19.56%
Earnings before Interest and Taxes (EBIT)	1,450	1,375	1,854	1,843	1,900	2,009	2,391	3,039	1,795	1,595	1,262
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,106	2,032	2,508	2,526	2,670	2,821	3,230	3,908	2,713	2,518	2,128
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.78	1.63	2.27	4.62	3.91	5.33	5.34	6.93	6.15	5.12	6.54
Price to Tangible Book Value (P/TBV)	1.97	1.81	2.49	5.24	5.41	7.43	6.80	12.79	12.18	9.36	9.66
Price to Revenue (P/Rev)	0.22	0.18	0.27	0.40	0.30	0.42	0.52	0.40	0.37	0.36	0.44
Price to Earnings (P/E)	7.21	7.98	8.69	16.69	8.84	12.03	13.61	8.53	12.12	12.59	19.80
Dividend Yield	2.84%	5.75%	3.80%	2.38%	3.74%	2.79%	2.33%	3.22%	4.53%	5.07%	4.38%
Earnings Yield	13.88%	12.53%	11.51%	5.99%	11.31%	8.31%	7.35%	11.73%	8.25%	7.94%	5.05%
Enterprise Value to Invested Capital (EV/IC)	2.67	2.00	3.77	8.13	4.55	6.97	43.31	14.64	7.87	5.54	7.52
Enterprise Value to Revenue (EV/Rev)	0.16	0.14	0.21	0.35	0.29	0.40	0.43	0.37	0.36	0.35	0.43
Enterprise Value to EBITDA (EV/EBITDA)	3.14	2.76	3.23	5.90	4.62	6.23	6.30	4.92	6.08	6.09	8.43
Enterprise Value to EBIT (EV/EBIT)	4.56	4.08	4.37	8.09	6.50	8.75	8.51	6.32	9.19	9.62	14.21
Enterprise Value to NOPAT (EV/NOPAT)	5.08	6.62	6.58	14.72	8.38	11.32	11.26	7.81	11.59	12.74	19.94
Enterprise Value to Operating Cash Flow (EV/OCF)	3.42	4.18	3.17	6.97	5.13	6.85	4.13	5.91	9.05	10.44	8.55
Enterprise Value to Free Cash Flow (EV/FCFF)	4.21	10.71	4.32	11.19	20.81	10.07	5.27	11.87	25.80	28.95	13.94
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.32	0.40	0.29	0.38	0.42	0.37	0.30	0.41	0.42	0.38	0.41
Long-Term Debt to Equity	0.31	0.31	0.28	0.22	0.40	0.36	0.27	0.40	0.42	0.38	0.41
Financial Leverage	-0.42	-0.44	-0.45	-0.52	-0.34	-0.23	-0.63	-0.77	-0.41	-0.17	-0.12
Leverage Ratio	3.25	3.07	3.01	3.23	3.75	4.20	4.30	4.81	5.73	5.26	5.08
Compound Leverage Factor	3.11	2.92	2.95	3.19	3.73	4.17	4.27	4.78	5.71	5.35	5.21
Debt to Total Capital	24.39%	28.37%	22.47%	27.28%	29.57%	26.76%	23.09%	28.92%	29.61%	27.62%	29.13%
Short-Term Debt to Total Capital	0.62%	6.46%	0.72%	10.95%	1.19%	0.29%	2.08%	0.31%	0.40%	0.31%	0.25%
Long-Term Debt to Total Capital	23.77%	21.91%	21.75%	16.33%	28.38%	26.46%	21.01%	28.62%	29.21%	27.31%	28.87%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.53%	71.63%	77.53%	72.72%	70.43%	73.24%	76.91%	71.08%	70.39%	72.38%	70.87%
Debt to EBITDA	0.77	0.85	0.54	0.54	0.52	0.45	0.43	0.31	0.43	0.46	0.54
Net Debt to EBITDA	-1.08	-0.76	-1.02	-0.70	-0.22	-0.34	-1.27	-0.44	-0.26	-0.11	-0.20
Long-Term Debt to EBITDA	0.75	0.66	0.53	0.32	0.50	0.45	0.39	0.31	0.43	0.46	0.54
Debt to NOPAT	1.24	2.05	1.11	1.34	0.94	0.82	0.76	0.50	0.83	0.97	1.28
Net Debt to NOPAT	-1.75	-1.83	-2.07	-1.75	-0.40	-0.62	-2.28	-0.69	-0.49	-0.23	-0.47
Long-Term Debt to NOPAT	1.21	1.58	1.07	0.80	0.90	0.81	0.69	0.49	0.81	0.96	1.27
Altman Z-Score	4.15	4.42	4.72	5.29	5.07	4.49	4.34	4.60	4.30	4.29	4.26
Noncontrolling Interest Sharing Ratio	0.09%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.48	1.43	1.48	1.26	1.18	1.10	1.19	0.99	0.98	1.00	1.03
Quick Ratio	0.66	0.64	0.74	0.54	0.40	0.42	0.62	0.37	0.34	0.30	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,571	524	1,879	1,332	593	1,746	3,860	1,619	640	530	1,286
Operating Cash Flow to CapEx	344.92%	206.93%	440.86%	311.19%	294.02%	345.22%	691.02%	441.25%	196.13%	184.91%	297.17%
Free Cash Flow to Firm to Interest Expense	17.45	6.55	26.10	17.76	8.13	27.29	74.22	64.77	18.27	10.19	25.23
Operating Cash Flow to Interest Expense	21.50	16.79	35.51	28.55	32.99	40.08	94.75	130.08	52.11	28.27	41.14
Operating Cash Flow Less CapEx to Interest Expense	15.27	8.68	27.46	19.37	21.77	28.47	81.04	100.60	25.54	12.98	27.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.76	2.75	2.88	3.13	3.30	3.06	2.73	2.83	2.78	2.82	2.79
Accounts Receivable Turnover	31.17	32.37	31.41	35.18	41.55	40.33	42.77	49.23	42.42	41.78	41.88
Inventory Turnover	5.93	5.93	6.04	6.41	6.20	6.35	6.80	6.93	6.55	6.70	6.40
Fixed Asset Turnover	16.49	17.03	16.99	17.88	17.39	18.04	20.60	22.95	20.12	18.84	18.95
Accounts Payable Turnover	6.16	6.40	6.35	6.55	6.50	6.37	5.98	5.82	5.83	6.56	6.68
Days Sales Outstanding (DSO)	11.71	11.27	11.62	10.37	8.78	9.05	8.53	7.41	8.61	8.74	8.71
Days Inventory Outstanding (DIO)	61.53	61.52	60.39	56.96	58.87	57.50	53.65	52.66	55.70	54.44	57.02
Days Payable Outstanding (DPO)	59.21	57.04	57.46	55.74	56.16	57.29	61.02	62.69	62.65	55.66	54.60
Cash Conversion Cycle (CCC)	14.03	15.76	14.55	11.60	11.49	9.26	1.17	-2.62	1.66	7.52	11.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,477	2,800	2,153	1,834	2,714	2,521	470	1,313	2,097	2,771	2,384
Invested Capital Turnover	15.45	14.98	15.91	21.14	18.86	16.67	31.60	58.06	27.15	17.85	16.11
Increase / (Decrease) in Invested Capital	-268	323	-647	-319	880	-193	-2,051	843	784	674	-387
Enterprise Value (EV)	6,615	5,610	8,111	14,914	12,348	17,579	20,358	19,220	16,500	15,345	17,932
Market Capitalization	8,885	7,157	10,667	16,692	12,940	18,537	24,475	20,927	17,198	15,627	18,356
Book Value per Share	$14.24	$12.77	$15.01	$12.36	$12.29	$13.44	$17.71	$12.55	$12.63	$14.17	$13.13
Tangible Book Value per Share	$12.87	$11.53	$13.65	$10.90	$8.89	$9.64	$13.91	$6.80	$6.38	$7.75	$8.89
Total Capital	6,613	6,112	6,074	4,967	4,694	4,750	5,964	4,249	3,971	4,218	3,962
Total Debt	1,613	1,734	1,365	1,355	1,388	1,271	1,377	1,229	1,176	1,165	1,154
Total Long-Term Debt	1,572	1,339	1,321	811	1,332	1,257	1,253	1,216	1,160	1,152	1,144
Net Debt	-2,275	-1,547	-2,556	-1,778	-592	-958	-4,117	-1,707	-698	-282	-424
Capital Expenditures (CapEx)	561	649	580	688	819	743	713	737	930	795	706
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-152	75	-483	-577	-567	-1,418	-3,351	-3,058	-2,035	-1,446	-1,360
Debt-free Net Working Capital (DFNWC)	3,736	3,356	3,438	2,556	1,413	811	2,143	-122	-161	1.00	218
Net Working Capital (NWC)	3,695	2,961	3,394	2,012	1,357	797	2,019	-135	-177	-12	208
Net Nonoperating Expense (NNE)	68	-50	4.26	13	9.31	12	11	8.15	4.55	-37	-28
Net Nonoperating Obligations (NNO)	-2,523	-1,578	-2,556	-1,778	-592	-958	-4,117	-1,707	-698	-282	-424
Total Depreciation and Amortization (D&A)	656	657	654	683	770	812	839	869	918	923	866
Debt-free, Cash-free Net Working Capital to Revenue	-0.38%	0.19%	-1.23%	-1.37%	-1.32%	-3.25%	-7.09%	-5.91%	-4.40%	-3.33%	-3.27%
Debt-free Net Working Capital to Revenue	9.26%	8.49%	8.73%	6.06%	3.30%	1.86%	4.53%	-0.24%	-0.35%	0.00%	0.52%
Net Working Capital to Revenue	9.16%	7.49%	8.61%	4.77%	3.16%	1.83%	4.27%	-0.26%	-0.38%	-0.03%	0.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$5.30	$5.82	$6.93	$9.94	$6.31	$5.70	$4.31
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	276.40M	264.90M	259.60M	246.80M	224.80M	217.70M	215.20M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$5.20	$5.75	$6.84	$9.84	$6.29	$5.68	$4.28
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	0.00	281.40M	268.10M	263M	249.30M	225.70M	218.50M	216.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	267.80M	256.97M	250.04M	225.23M	218.05M	215.38M	211.37M
Normalized Net Operating Profit after Tax (NOPAT)	1,307	969	1,258	1,019	1,509	1,585	2,001	2,435	1,540	1,321	1,236
Normalized NOPAT Margin	3.24%	2.45%	3.19%	2.42%	3.52%	3.63%	4.23%	4.70%	3.33%	3.04%	2.98%
Pre Tax Income Margin	3.44%	3.31%	4.61%	4.31%	4.40%	4.57%	5.03%	5.84%	3.86%	3.73%	3.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.11	17.19	25.75	24.57	26.03	31.39	45.98	121.56	51.29	30.67	24.75
NOPAT to Interest Expense	14.47	10.59	17.11	13.51	20.18	24.27	34.78	98.49	40.67	23.15	17.64
EBIT Less CapEx to Interest Expense	9.88	9.08	17.69	15.40	14.81	19.78	32.27	92.08	24.71	15.38	10.90
NOPAT Less CapEx to Interest Expense	8.24	2.48	9.06	4.34	8.96	12.66	21.07	69.01	14.10	7.87	3.79
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	20.32%	55.63%	41.12%	40.90%	33.95%	34.20%	31.59%	28.04%	55.60%	64.54%	87.06%
Augmented Payout Ratio	20.32%	173.24%	97.96%	241.30%	136.75%	99.29%	48.94%	170.74%	127.06%	91.94%	140.99%

This table displays calculated financial ratios and metrics derived from Best Buy's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.83%	-11.11%	-9.96%	-11.08%	-7.22%	-7.85%	-0.60%	-6.55%	-3.08%	-3.19%	-4.77%
EBITDA Growth	-40.65%	-33.14%	-18.68%	-20.12%	0.83%	-1.35%	-6.46%	-3.10%	-0.66%	-3.43%	-44.63%
EBIT Growth	-53.45%	-45.52%	-25.65%	-32.68%	-0.54%	-3.01%	-6.03%	0.32%	3.79%	-1.13%	-61.32%
NOPAT Growth	-57.37%	-44.36%	-23.58%	-31.84%	-17.58%	-4.68%	-8.27%	-1.22%	10.33%	-0.03%	-74.23%
Net Income Growth	-58.31%	-44.49%	-20.93%	-28.45%	-10.46%	-5.05%	-7.07%	0.82%	6.20%	3.80%	-74.57%
EPS Growth	-53.45%	-39.00%	-14.89%	-25.50%	-7.41%	-0.82%	-5.38%	1.80%	7.20%	4.13%	-73.93%
Operating Cash Flow Growth	-11.07%	205.08%	-11.82%	76.08%	-24.15%	-81.86%	-38.92%	147.13%	29.10%	-334.86%	30.25%
Free Cash Flow Firm Growth	-86.97%	27.03%	-42.16%	134.50%	138.47%	118.52%	23.22%	-75.50%	-51.18%	-104.60%	315.78%
Invested Capital Growth	138.69%	56.95%	59.71%	-11.44%	-10.74%	3.17%	32.14%	2.86%	-0.41%	8.25%	-13.97%
Revenue Q/Q Growth	-2.99%	2.50%	39.18%	-35.75%	1.23%	1.81%	50.12%	-39.59%	4.98%	1.69%	47.68%
EBITDA Q/Q Growth	-12.54%	-1.50%	41.46%	-34.45%	10.40%	-3.64%	34.13%	-32.10%	13.18%	-6.32%	-23.09%
EBIT Q/Q Growth	-19.70%	-1.62%	63.56%	-47.91%	18.65%	-4.07%	58.47%	-44.39%	22.76%	-8.62%	-38.00%
NOPAT Q/Q Growth	-10.58%	-10.49%	72.29%	-50.57%	8.13%	3.52%	65.80%	-46.77%	20.78%	-6.21%	-57.27%
Net Income Q/Q Growth	-10.26%	-9.48%	78.70%	-50.71%	12.30%	-4.01%	74.90%	-46.52%	18.29%	-6.19%	-57.14%
EPS Q/Q Growth	-9.40%	-9.63%	82.79%	-50.22%	12.61%	-3.20%	74.38%	-46.45%	18.58%	-5.97%	-56.35%
Operating Cash Flow Q/Q Growth	148.77%	-10.96%	221.46%	-117.13%	254.68%	-78.71%	982.57%	-86.78%	323.72%	-138.73%	700.39%
Free Cash Flow Firm Q/Q Growth	11.86%	43.65%	65.97%	304.14%	-1.73%	-72.87%	-241.09%	165.14%	95.81%	-102.56%	6,718.53%
Invested Capital Q/Q Growth	-1.84%	-0.98%	-34.86%	39.87%	-1.06%	14.44%	-16.56%	8.88%	-4.21%	24.39%	-33.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.14%	22.03%	19.95%	22.71%	23.17%	22.88%	20.49%	23.33%	23.54%	23.47%	20.92%
EBITDA Margin	5.81%	5.58%	5.67%	5.79%	6.31%	5.98%	5.34%	6.00%	6.47%	5.96%	3.10%
Operating Margin	3.59%	3.45%	4.05%	3.29%	3.63%	3.63%	3.83%	3.53%	4.12%	3.71%	1.56%
EBIT Margin	3.59%	3.45%	4.05%	3.29%	3.85%	3.63%	3.83%	3.53%	4.12%	3.71%	1.56%
Profit (Net Income) Margin	2.96%	2.62%	3.36%	2.58%	2.86%	2.70%	3.14%	2.78%	3.13%	2.89%	0.84%
Tax Burden Percent	83.38%	77.16%	81.01%	76.25%	74.25%	75.57%	78.77%	75.69%	74.42%	76.69%	52.47%
Interest Burden Percent	98.92%	98.36%	102.35%	102.89%	100.00%	98.31%	104.10%	104.17%	102.09%	101.71%	102.77%
Effective Tax Rate	15.80%	23.40%	19.31%	23.44%	26.02%	24.71%	21.23%	24.62%	25.83%	23.88%	47.53%
Return on Invested Capital (ROIC)	64.58%	48.04%	88.77%	36.34%	38.75%	36.38%	53.86%	38.28%	44.92%	34.45%	13.15%
ROIC Less NNEP Spread (ROIC-NNEP)	65.06%	48.30%	87.66%	38.06%	46.51%	35.42%	50.16%	67.08%	35.68%	35.73%	12.26%
Return on Net Nonoperating Assets (RNNOA)	-23.53%	-13.29%	-36.26%	4.69%	3.46%	4.48%	-8.41%	0.86%	-0.90%	6.20%	-1.48%
Return on Equity (ROE)	41.04%	34.74%	52.51%	41.03%	42.21%	40.86%	45.46%	39.13%	44.02%	40.64%	11.67%
Cash Return on Invested Capital (CROIC)	-4.09%	15.33%	37.51%	54.14%	52.19%	34.91%	21.78%	37.55%	42.82%	27.58%	49.91%
Operating Return on Assets (OROA)	10.41%	8.90%	11.26%	9.90%	11.12%	9.32%	10.82%	10.26%	11.34%	9.23%	4.34%
Return on Assets (ROA)	8.58%	6.76%	9.34%	7.77%	8.26%	6.92%	8.87%	8.09%	8.61%	7.20%	2.34%
Return on Common Equity (ROCE)	41.04%	34.74%	52.51%	41.03%	42.21%	40.86%	45.46%	39.13%	44.02%	40.64%	11.67%
Return on Equity Simple (ROE_SIMPLE)	61.27%	51.79%	0.00%	47.33%	45.50%	45.38%	0.00%	40.33%	40.55%	41.21%	0.00%
Net Operating Profit after Tax (NOPAT)	312	280	482	238	257	267	442	235	284	266	114
NOPAT Margin	3.02%	2.64%	3.27%	2.52%	2.69%	2.73%	3.02%	2.66%	3.06%	2.82%	0.82%
Net Nonoperating Expense Percent (NNEP)	-0.49%	-0.26%	1.11%	-1.72%	-7.76%	0.96%	3.70%	-28.80%	9.24%	-1.29%	0.89%
Return On Investment Capital (ROIC_SIMPLE)	-	-	12.13%	-	-	-	10.48%	-	-	-	2.87%
Cost of Revenue to Revenue	77.86%	77.97%	80.05%	77.29%	76.83%	77.12%	79.51%	76.67%	76.46%	76.53%	79.08%
SG&A Expenses to Revenue	18.22%	18.33%	15.32%	19.52%	19.61%	19.25%	15.51%	19.63%	19.49%	19.81%	16.01%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.55%	18.58%	15.90%	19.43%	19.53%	19.25%	16.66%	19.80%	19.41%	19.77%	19.36%
Earnings before Interest and Taxes (EBIT)	371	365	597	311	369	354	561	312	383	350	217
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	600	591	836	548	605	583	782	531	601	563	433
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.45	4.74	6.15	5.48	6.08	4.77	5.12	5.15	5.72	6.33	6.54
Price to Tangible Book Value (P/TBV)	10.47	8.80	12.18	10.86	11.88	9.39	9.36	9.35	10.31	11.49	9.66
Price to Revenue (P/Rev)	0.32	0.30	0.37	0.34	0.39	0.31	0.36	0.37	0.42	0.46	0.44
Price to Earnings (P/E)	8.90	9.14	12.12	11.58	13.37	10.51	12.59	12.77	14.10	15.37	19.80
Dividend Yield	4.51%	5.31%	4.53%	5.07%	4.55%	5.91%	5.07%	5.02%	4.52%	4.11%	4.38%
Earnings Yield	11.23%	10.94%	8.25%	8.63%	7.48%	9.51%	7.94%	7.83%	7.09%	6.51%	5.05%
Enterprise Value to Invested Capital (EV/IC)	4.96	4.47	7.87	5.27	5.97	4.19	5.54	5.24	6.07	5.57	7.52
Enterprise Value to Revenue (EV/Rev)	0.33	0.30	0.36	0.34	0.39	0.32	0.35	0.37	0.41	0.47	0.43
Enterprise Value to EBITDA (EV/EBITDA)	5.05	4.96	6.08	6.00	6.77	5.46	6.09	6.38	7.03	8.09	8.43
Enterprise Value to EBIT (EV/EBIT)	7.00	7.20	9.19	9.40	10.68	8.65	9.62	10.04	10.90	12.47	14.21
Enterprise Value to NOPAT (EV/NOPAT)	8.99	9.16	11.59	11.78	13.78	11.19	12.74	13.17	14.29	16.32	19.94
Enterprise Value to Operating Cash Flow (EV/OCF)	9.61	6.91	9.05	5.37	6.38	6.26	10.44	8.08	8.33	11.51	8.55
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	35.66	25.80	9.14	10.79	12.19	28.95	14.16	14.15	21.00	13.94
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.41	0.39	0.42	0.42	0.41	0.41	0.38	0.37	0.38	0.38	0.41
Long-Term Debt to Equity	0.41	0.38	0.42	0.41	0.40	0.40	0.38	0.37	0.37	0.37	0.41
Financial Leverage	-0.36	-0.28	-0.41	0.12	0.07	0.13	-0.17	0.01	-0.03	0.17	-0.12
Leverage Ratio	4.70	5.11	5.73	5.38	5.37	5.84	5.26	5.01	5.21	5.75	5.08
Compound Leverage Factor	4.65	5.02	5.86	5.54	5.37	5.74	5.48	5.22	5.32	5.85	5.22
Debt to Total Capital	29.31%	27.90%	29.61%	29.52%	29.04%	28.94%	27.62%	27.16%	27.36%	27.28%	29.13%
Short-Term Debt to Total Capital	0.37%	0.39%	0.40%	0.38%	0.38%	0.38%	0.31%	0.35%	0.30%	0.28%	0.25%
Long-Term Debt to Total Capital	28.94%	27.51%	29.21%	29.14%	28.66%	28.56%	27.31%	26.80%	27.05%	26.99%	28.87%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	70.69%	72.10%	70.39%	70.48%	70.96%	71.06%	72.38%	72.84%	72.64%	72.72%	70.87%
Debt to EBITDA	0.37	0.40	0.43	0.45	0.45	0.45	0.46	0.46	0.47	0.47	0.54
Net Debt to EBITDA	0.11	0.08	-0.26	0.05	0.03	0.20	-0.11	-0.03	-0.09	0.21	-0.20
Long-Term Debt to EBITDA	0.37	0.39	0.43	0.45	0.45	0.44	0.46	0.46	0.46	0.46	0.54
Debt to NOPAT	0.67	0.74	0.83	0.89	0.92	0.92	0.97	0.96	0.95	0.94	1.28
Net Debt to NOPAT	0.20	0.14	-0.49	0.11	0.05	0.41	-0.23	-0.05	-0.18	0.42	-0.47
Long-Term Debt to NOPAT	0.66	0.73	0.81	0.88	0.91	0.91	0.96	0.94	0.94	0.93	1.27
Altman Z-Score	4.23	3.69	4.05	4.14	4.02	3.42	4.06	4.06	3.91	3.62	4.03
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.96	0.98	0.98	0.98	0.98	0.99	1.00	1.01	1.01	1.00	1.03
Quick Ratio	0.19	0.19	0.34	0.24	0.23	0.15	0.30	0.26	0.27	0.16	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,577	-888	-302	617	606	165	-232	151	296	-7.57	501
Operating Cash Flow to CapEx	298.67%	235.69%	825.64%	-162.25%	268.06%	50.23%	644.81%	102.63%	361.20%	-132.64%	863.48%
Free Cash Flow to Firm to Interest Expense	-225.23	-88.84	-25.19	51.43	50.54	11.75	-16.58	12.60	22.77	-0.58	38.53
Operating Cash Flow to Interest Expense	96.43	60.10	161.00	-27.58	42.67	7.79	84.29	13.00	50.85	-19.69	118.23
Operating Cash Flow Less CapEx to Interest Expense	64.14	34.60	141.50	-44.58	26.75	-7.71	71.21	0.33	36.77	-34.54	104.54
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.90	2.58	2.78	3.01	2.89	2.57	2.82	2.91	2.75	2.49	2.79
Accounts Receivable Turnover	57.17	46.40	42.42	54.23	52.33	44.63	41.78	52.55	49.26	46.07	41.88
Inventory Turnover	6.18	4.75	6.55	6.17	5.94	4.58	6.70	6.38	5.82	4.26	6.40
Fixed Asset Turnover	21.67	20.71	20.12	19.74	19.19	18.58	18.84	18.96	18.96	18.73	18.95
Accounts Payable Turnover	6.23	4.87	5.83	6.83	6.39	4.79	6.56	6.99	6.00	4.59	6.68
Days Sales Outstanding (DSO)	6.38	7.87	8.61	6.73	6.98	8.18	8.74	6.95	7.41	7.92	8.71
Days Inventory Outstanding (DIO)	59.07	76.83	55.70	59.15	61.45	79.74	54.44	57.21	62.71	85.62	57.02
Days Payable Outstanding (DPO)	58.56	74.96	62.65	53.43	57.16	76.16	55.66	52.25	60.81	79.55	54.60
Cash Conversion Cycle (CCC)	6.90	9.74	1.66	12.46	11.27	11.76	7.52	11.91	9.31	13.99	11.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,251	3,219	2,097	2,933	2,902	3,321	2,771	3,017	2,890	3,595	2,384
Invested Capital Turnover	21.35	18.19	27.15	14.45	14.42	13.32	17.85	14.40	14.69	12.21	16.11
Increase / (Decrease) in Invested Capital	1,889	1,168	784	-379	-349	102	674	84	-12	274	-387
Enterprise Value (EV)	16,134	14,400	16,500	15,451	17,318	13,921	15,345	15,813	17,549	20,032	17,932
Market Capitalization	15,775	14,174	17,198	15,311	17,251	13,412	15,627	15,878	17,766	19,519	18,356
Book Value per Share	$12.84	$13.29	$12.63	$12.81	$12.99	$12.92	$14.17	$14.31	$14.40	$14.35	$13.13
Tangible Book Value per Share	$6.69	$7.15	$6.38	$6.47	$6.65	$6.57	$7.75	$7.89	$7.99	$7.91	$8.89
Total Capital	4,091	4,151	3,971	3,963	3,995	3,957	4,218	4,231	4,277	4,238	3,962
Total Debt	1,199	1,158	1,176	1,170	1,160	1,145	1,165	1,149	1,170	1,156	1,154
Total Long-Term Debt	1,184	1,142	1,160	1,155	1,145	1,130	1,152	1,134	1,157	1,144	1,144
Net Debt	359	226	-698	140	67	509	-282	-65	-217	513	-424
Capital Expenditures (CapEx)	226	255	234	204	191	217	183	152	183	193	178
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,131	-1,164	-2,035	-1,161	-1,207	-766	-1,446	-1,095	-1,263	-624	-1,360
Debt-free Net Working Capital (DFNWC)	-291	-232	-161	-131	-114	-130	1.00	119	124	19	218
Net Working Capital (NWC)	-306	-248	-177	-146	-129	-145	-12	104	111	7.00	208
Net Nonoperating Expense (NNE)	6.37	2.60	-13	-5.89	-17	3.52	-18	-11	-6.93	-6.57	-3.15
Net Nonoperating Obligations (NNO)	359	226	-698	140	67	509	-282	-65	-217	513	-424
Total Depreciation and Amortization (D&A)	229	226	239	237	236	229	221	219	218	213	216
Debt-free, Cash-free Net Working Capital to Revenue	-2.30%	-2.43%	-4.40%	-2.57%	-2.72%	-1.76%	-3.33%	-2.56%	-2.97%	-1.48%	-3.27%
Debt-free Net Working Capital to Revenue	-0.59%	-0.48%	-0.35%	-0.29%	-0.26%	-0.30%	0.00%	0.28%	0.29%	0.05%	0.52%
Net Working Capital to Revenue	-0.62%	-0.52%	-0.38%	-0.32%	-0.29%	-0.33%	-0.03%	0.24%	0.26%	0.02%	0.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.36	$1.23	$2.22	$1.11	$1.25	$1.21	$2.13	$1.14	$1.35	$1.27	$0.55
Adjusted Weighted Average Basic Shares Outstanding	225.40M	225.50M	224.80M	218.90M	218.60M	217.80M	217.70M	216.20M	216M	214.80M	215.20M
Adjusted Diluted Earnings per Share	$1.35	$1.22	$2.23	$1.11	$1.25	$1.21	$2.11	$1.13	$1.34	$1.26	$0.55
Adjusted Weighted Average Diluted Shares Outstanding	226.10M	226.20M	225.70M	219.90M	219M	218.30M	218.50M	217.20M	217.10M	216.70M	216.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	225.13M	221.26M	218.05M	218.21M	217.64M	215.40M	215.38M	215.71M	214.73M	213.80M	211.37M
Normalized Net Operating Profit after Tax (NOPAT)	341	300	551	231	252	267	575	247	279	263	110
Normalized NOPAT Margin	3.30%	2.83%	3.74%	2.44%	2.63%	2.73%	3.93%	2.79%	3.00%	2.79%	0.79%
Pre Tax Income Margin	3.55%	3.39%	4.15%	3.38%	3.85%	3.57%	3.99%	3.67%	4.21%	3.77%	1.60%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	53.00	36.50	49.75	25.92	30.75	25.29	40.07	26.00	29.46	26.92	16.69
NOPAT to Interest Expense	44.62	27.96	40.14	19.84	21.46	19.04	31.56	19.60	21.85	20.49	8.76
EBIT Less CapEx to Interest Expense	20.71	11.00	30.25	8.92	14.83	9.79	27.00	13.33	15.38	12.08	3.00
NOPAT Less CapEx to Interest Expense	12.34	2.46	20.64	2.84	5.54	3.54	18.49	6.93	7.77	5.65	-4.93
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	41.48%	49.10%	55.60%	59.91%	61.55%	62.46%	64.54%	64.44%	63.81%	63.39%	87.06%
Augmented Payout Ratio	190.69%	193.55%	127.06%	108.17%	116.36%	126.65%	91.94%	89.46%	90.00%	91.34%	140.99%

Frequently Asked Questions About Best Buy's Financials

When does Best Buy's financial year end?

According to the most recent income statement we have on file, Best Buy's fiscal year ends in February. Their fiscal year 2025 ended on February 1, 2025.

How has Best Buy's net income changed over the last 10 years?

Best Buy's net income appears to be on an upward trend, with a most recent value of $927 million in 2025, falling from $1.24 billion in 2015. The previous period was $1.24 billion in 2024.

What is Best Buy's operating income?

Best Buy's total operating income in 2025 was $1.26 billion, based on the following breakdown:

Total Gross Profit: $9.39 billion
Total Operating Expenses: $8.12 billion

How has Best Buy revenue changed over the last 10 years?

Over the last 10 years, Best Buy's total revenue changed from $40.34 billion in 2015 to $41.53 billion in 2025, a change of 2.9%.

How much debt does Best Buy have?

Best Buy's total liabilities were at $11.97 billion at the end of 2025, a 0.5% increase from 2024, and a 16.9% increase since 2015.

How much cash does Best Buy have?

In the past 10 years, Best Buy's cash and equivalents has ranged from $1.10 billion in 2018 to $5.49 billion in 2021, and is currently $1.58 billion as of their latest financial filing in 2025.

How has Best Buy's book value per share changed over the last 10 years?

Over the last 10 years, Best Buy's book value per share changed from 14.24 in 2015 to 13.13 in 2025, a change of -7.8%.

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This page (NYSE:BBY) was last updated on 4/14/2025 by MarketBeat.com Staff

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