— Know what they know.
/
Not Investment Advice

BBY

NYSE · USD
Best Buy Co., Inc.
Consumer Cyclical · Specialty Retail
CEO Corie Sue Barry Employees 82,000 R&D / revenue 0.0%
Last price
$92.63−1.64%last session
Market cap
$19.4B
P/E (TTM)
15.4x
From 52w high
−4.0%
From 52w low
+68.1%
1-year return
+24.2%
RSI 14 · vs SMA200
59.2 · +27.9%
IS score
65.1/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

BBY   SPY   XLY (sector ETF) · weekly closes
80100120Jan 26Apr 26Jul 26Oct 26BBY 124SPY 116XLY 97

Score DNA

Each bar is a 0-100 score within the scored universe
40
Profitability
62
Growth
64
Value
86
Momentum
100
Risk (safety)
68
Quality
61
Balance sheet
82
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
▲ Share count rising
Observations
Moat model: Weak, Efficient ScalePiotroski 7 / 9Altman Z 4.2Beta 1.303 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
20 open-market sales, $189.7M
Form 144 notices (12m): 21, $319.8M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-05-01
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+9
130 new holders, 117 closed
876 filers hold 96.2% · 329 added, 331 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+241
1,172 funds adding shares
931 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
63.7%
20-day avg 61.6%, 50-day avg 59.0%
Latest 2.1 pp over its 20-day average · a flow, not short interest

Key financials · FY2026

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$41.7B
Revenue growth YoY+0.4%
Gross margin22.5%
Operating income$1.8B
Operating margin4.2%
Net income$1.1B
Net margin2.6%
EPS (diluted)$5.04
Cash flow
Operating cash flow$2.0B
Capital expenditure$704.0M
Free cash flow$1.3B
FCF conversion (FCF / OCF)64.1%
Stock-based compensation$139.0M
FCF less SBC$1.1B
Buybacks$273.0M
Dividends$801.0M
Balance sheet & returns
Cash & short-term investments$1.7B
Total debt$1.8B
Net debt$61.0M
Shareholders' equity$3.0B
Goodwill & intangibles$795.0M
Debt / equity1.30
ROE (TTM)42.8%
ROIC (TTM)17.2%
Operating margin by fiscal year
5.8%FY20224.2%FY20233.6%FY20243.1%FY20254.2%FY2026
Revenue $51.8B (FY2022) to $41.7B (FY2026), a -5.3% CAGR.

Valuation

P/E (TTM)15.4x
EV / EBITDA8.3x
Price / sales0.46x
Price / FCF11.0x
FCF yield9.10%
Buyback yield1.41%
SBC / revenue0.3%
Price / book6.15x
Forward P/E FY202713.6x
Forward multiples divide today's price by Street EPS estimates. Street mean target $89.10 across 10 analysts last quarter is theirs, not ours.

BBY vs industry median

241 companies in Specialty Retail
Gross margin 22.7% 37.7% Operating margin 4.4% 2.6% Net margin 3.0% 0.3% ROIC 17.2% 4.0%
BBY (TTM)Industry median Asset turnover 2.62 vs industry 1.17 · financial leverage 5.06

Earnings delivery

Next report 2026-11-24 · consensus EPS $1.48
92%
beat rate, 11 of 12 quarters
+7.0%
median EPS surprise
6
longest beat streak
+15+9+8+11+16-3+7+5+6+7+6+6
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-08-29 to 2026-08-27. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
BBY Best Buy Co., Inc. $19.4B15.4x42.8%3.0%+0.4% +24.2%
TSCO Tractor Supply Company $17.3B17.3x39.5%7.9%+4.0% −39.6%
ULTA Ulta Beauty, Inc. $25.4B21.5x46.1%9.3%+11.2% +10.4%
CASY Casey's General Stores, Inc. $25.5B33.0x20.0%4.8%+13.8% +22.9%
CPNG Coupang, Inc. $25.7Bn/m-20.0%-6.4%+9.9% −54.7%
W Wayfair Inc. $14.7Bn/m11.7%-0.0%+7.5% —
GME GameStop Corp. $13.5B13.5x15.8%37.8%−7.7% —
DKS DICK'S Sporting Goods, Inc. $12.8B15.2x18.5%5.6%+53.5% —
12-month window: SPY +15.9%, sector ETF XLY −3.2%. Past returns describe history only.

Recent 8-K filings

2026-08-27Earnings Release; Exhibits
2026-08-03Officer/Director Change; Exhibits
2026-06-22Officer/Director Change; Exhibits
2026-06-17Shareholder Vote
2026-05-28Earnings Release; Exhibits
2026-04-22Officer/Director Change; Exhibits

Context

Shares outstanding209,728,000
Free float94.0%
Institutional ownership96.2%
Beta1.30
Dividend yield4.13%
Last dividend$0.96 on 2026-09-17
50 / 200-day average$87.75 / $73.73
Large-cap Consumer Cyclical median P/E24.3x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where BBY sits among 40 scored companies in Specialty Retail (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureBBYIndustry medianIndustry percentileSector median
P/E (TTM) 15.3x 22.2x
17th		 17.7x
PEG (P/E ÷ 3-yr EPS CAGR) 30.19 1.02
100th		 0.96
Price / sales 0.5x 1.1x
13th		 1.0x
Price / book 6.1x 4.9x
59th		 2.4x
Price / tangible book 7.7x 7.7x
48th		 4.2x
Price / free cash flow 11.0x 19.7x
22nd		 15.2x
Price / operating cash flow 7.8x 12.0x
32nd		 10.2x
Enterprise value $21.3B $7.1B
72nd		 $5.6B
EV / sales 0.5x 1.5x
8th		 1.4x
EV / EBITDA 8.3x 13.1x
16th		 11.4x
EV / EBIT 12.0x 17.5x
14th		 16.0x
EV / free cash flow 12.1x 23.3x
17th		 21.0x
Earnings yield 6.5% 4.1%
85th		 4.8%
FCF yield 9.1% 4.7%
79th		 5.9%
Operating cash flow yield 12.7% 8.2%
69th		 9.3%
Graham number (per share) $44.87 $19.83
70th		 $33.39

Profitability (TTM)

MeasureBBYIndustry medianIndustry percentileSector median
Gross margin 22.7% 43.4%
13th		 34.2%
EBITDA margin 6.1% 10.4%
26th		 11.7%
Operating margin 4.4% 8.1%
33rd		 8.7%
EBIT margin 4.2% 7.5%
31st		 8.2%
Net margin 3.0% 5.2%
36th		 4.9%
NOPAT margin 3.2% 5.7%
28th		 6.8%
FCF margin 4.2% 5.0%
41st		 6.5%
Operating cash flow margin 5.9% 9.9%
26th		 10.4%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 18.3% 27.7%
21st		 17.2%
Stock comp / revenue 0.3% 0.7%
19th		 0.6%
Effective tax rate 26.9% 21.9%
87th		 22.4%

Returns on capital

MeasureBBYIndustry medianIndustry percentileSector median
ROE (on average equity) 43.1% 18.5%
81st		 12.8%
ROA 8.1% 7.7%
51st		 4.4%
ROIC 26.6% 12.6%
77th		 9.3%
ROCE 24.9% 15.5%
77th		 9.9%
Return on tangible assets 11.4% 10.7%
54th		 7.4%
Cash ROIC (OCF / invested capital) 48.9% 24.2%
78th		 14.4%
Gross profitability (GP / assets) 59.4% 48.6%
69th		 31.6%
ROIC, 3-yr average 19.2% 13.1%
62nd		 7.4%
ROIC, 5-yr average 26.8% 14.0%
76th		 9.1%
ROE, 5-yr average 43.2% 19.2%
87th		 15.8%
Incremental ROIC 148.0% 23.3%
92nd		 11.2%

Growth

MeasureBBYIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 1.4% 8.5%
21st		 6.0%
Revenue growth (QoQ) 9.4% 8.4%
56th		 6.6%
Revenue CAGR, 3 yr -1.7% 5.9%
10th		 3.0%
Revenue CAGR, 5 yr -4.2% 7.3%
9th		 5.9%
Gross profit CAGR, 3 yr -0.1% 6.3%
18th		 3.3%
Operating income CAGR, 3 yr 2.3% 3.7%
37th		 2.1%
Net income growth (TTM YoY) 63.5% 6.6%
86th		 4.7%
Net income CAGR, 3 yr -0.5% 3.5%
37th		 1.4%
EPS growth (TTM YoY) 63.3% 11.7%
86th		 7.6%
EPS CAGR, 3 yr 0.5% 7.9%
37th		 3.4%
EPS CAGR, 5 yr -9.8% 3.1%
33rd		 2.9%
FCF growth (TTM YoY) 30.8% 30.8%
50th		 26.3%
FCF CAGR, 3 yr -1.1% 8.2%
29th		 6.5%
Operating cash flow CAGR, 3 yr -3.0% 7.2%
12th		 6.7%
Book value CAGR, 3 yr 5.0% 12.8%
27th		 8.1%
Dividend CAGR, 3 yr 0.9% 5.5%
15th		 3.2%
Sustainable growth rate 15.9% 16.9%
47th		 12.2%

Margin history & stability

MeasureBBYIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 22.5% 42.3%
10th		 34.9%
Operating margin, 3-yr average 3.7% 6.8%
33rd		 8.0%
Net margin, 3-yr average 2.6% 4.5%
38th		 4.8%
FCF margin, 3-yr average 3.6% 3.9%
41st		 5.7%
Revenue stability (0-1) 0.81 0.82
49th		 0.80
Earnings stability (0-1) 0.68 0.50
67th		 0.43
Margin stability (0-1) 0.98 0.94
82nd		 0.92

Liquidity (latest quarter)

MeasureBBYIndustry medianIndustry percentileSector median
Cash & short-term investments $2.3B $295.9M
82nd		 $278.1M
Net cash (− = net debt) −$1.9B −$1.3B
41st		 −$1.2B
Working capital $1.0B $206.6M
79th		 $298.0M
Current ratio 1.12 1.34
33rd		 1.49
Quick ratio 0.41 0.68
26th		 0.92
Cash ratio (cash + ST investments / current liabilities) 0.25 0.47
36th		 0.31
Defensive interval (days) 150 days 163 days
49th		 290 days

Leverage & solvency (latest quarter)

MeasureBBYIndustry medianIndustry percentileSector median
Total debt $4.1B $2.2B
72nd		 $1.8B
Debt / equity 1.30 1.17
56th		 1.04
Net debt / equity 0.59 0.79
38th		 0.78
Debt / assets 25.7% 38.1%
21st		 39.7%
Debt / capital 56.5% 53.8%
56th		 51.0%
Debt / EBITDA 1.60 3.03
27th		 3.26
Net debt / EBITDA 0.73 2.03
30th		 2.42
Interest coverage (EBIT / interest) 39.6x 9.5x
84th		 5.1x
Cash interest coverage 55.0x 13.0x
81st		 6.0x
Debt payback (years of OCF) 1.7 yrs 3.1 yrs
30th		 3.8 yrs
Liabilities / assets 80.2% 70.6%
64th		 68.1%
IS credit model rating AA — —
Implied credit spread (bps) 80 175
18th		 275

Efficiency

MeasureBBYIndustry medianIndustry percentileSector median
Asset turnover 2.69 1.24
90th		 1.00
Fixed asset turnover 8.66 3.56
71st		 3.73
Inventory turnover 5.4 5.1
51st		 5.3
Receivables turnover 45.9 52.0
33rd		 19.9
Days sales outstanding 8 days 7 days
69th		 18 days
Days inventory outstanding 68 days 72 days
49th		 68 days
Days payables outstanding 65 days 44 days
74th		 42 days
Cash conversion cycle (days) 10 days 15 days
49th		 44 days
Capex / revenue 1.7% 3.5%
28th		 3.1%
Capex / depreciation 0.89 1.20
31st		 0.89
Operating expense ratio 19.6% 31.4%
10th		 24.8%

Cash flow & earnings quality

MeasureBBYIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.95 1.85
57th		 1.76
FCF / net income 1.39 1.08
63rd		 1.18
FCF / operating cash flow 71.4% 65.5%
59th		 70.1%
Capex / operating cash flow 28.6% 34.5%
41st		 29.9%
Accruals ratio -7.7% -6.2%
38th		 -5.7%
Sloan accruals ratio -0.5% -3.1%
79th		 -3.6%
Earnings quality score (0-1) 0.75 0.75
6th		 0.75

Dividends & buybacks

MeasureBBYIndustry medianIndustry percentileSector median
Dividend yield 4.1% 0.0%
97th		 0.8%
Dividend per share (TTM) $3.83 $0.00
95th		 $0.40
Payout ratio (dividends / net income) 63.1% 0.0%
89th		 17.8%
Dividends / FCF 45.4% 0.0%
81st		 11.6%
Dividend growth (YoY) -0.3% 6.2%
25th		 4.8%
Buyback yield 0.7% 1.2%
44th		 1.6%
Shareholder yield (dividends + buybacks) 4.9% 2.2%
69th		 3.7%
Share count change (YoY) 0.1% 0.0%
51st		 -0.9%
Buybacks, last 5 years $1.5B $120.0M
72nd		 $198.3M

Scores & forensic checks

MeasureBBYIndustry medianIndustry percentileSector median
IS score 65 56
79th		 50
IS profitability 40 43
44th		 38
IS growth 62 57
64th		 53
IS value 64 42
87th		 50
IS momentum 86 79
72nd		 72
IS risk (safety) 100 65
62nd		 65
IS quality 68 66
59th		 63
IS balance sheet 61 53
56th		 48
IS earnings quality 82 82
54th		 77
IS cash flow 63 55
69th		 56
Piotroski F-score (0-9) 7 6
56th		 6
Altman Z-score 4.2 2.9
62nd		 2.8
Beneish M-score −2.91 −2.72
26th		 −2.69
Ohlson O-score −6.74 −6.81
54th		 −6.83
IS credit score 86 66
79th		 58

Per share

MeasureBBYIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $5.98 $1.84
72nd		 $2.05
Book value per share $14.96 $7.32
69th		 $14.46
Tangible book per share $11.33 $3.07
64th		 $3.70
Revenue per share $198.41 $36.89
85th		 $46.29
FCF per share $8.31 $2.53
77th		 $2.72
Operating cash flow per share $11.64 $4.90
72nd		 $4.86
Cash per share $10.60 $4.80
85th		 $3.59

Size (TTM)

MeasureBBYIndustry medianIndustry percentileSector median
Market cap $19.4B $5.3B
74th		 $3.6B
Revenue $42.2B $6.1B
97th		 $3.9B
EBITDA $2.6B $449.3M
85th		 $442.3M
Net income $1.3B $173.0M
85th		 $178.6M
Free cash flow $1.8B $298.5M
90th		 $206.3M
Total assets $16.1B $5.1B
79th		 $4.4B
Shareholders' equity $3.2B $827.1M
82nd		 $957.6M
Employees 82,000 16,550
82nd		 12,300

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-23Scarlett Kathleen
SEVP, CHRO
 Option exercise 96,166$70.50$6.8M232,235
2026-09-23Scarlett Kathleen
SEVP, CHRO
 Open-market sale 27,952$92.41$2.6M204,283
2026-09-23Scarlett Kathleen
SEVP, CHRO
 Open-market sale 88,110$92.07$8.1M116,173
2026-09-23Scarlett Kathleen
SEVP, CHRO
 Option exercise 96,166$70.50$6.8M0
2026-09-20Scarlett Kathleen
SEVP, CHRO
 Award / grant 32,311——136,069
2026-09-16Schulze Richard M
other: Chairman Emeritus
 Gift 300,000——300,000
2026-09-16Schulze Richard M
other: Chairman Emeritus
 Open-market sale 52,660$92.90$4.9M247,340
2026-09-16Schulze Richard M
other: Chairman Emeritus
 Open-market sale 247,340$92.43$22.9M0
2026-09-16Schulze Richard M
other: Chairman Emeritus
 Gift 300,000——9,230,936
2026-08-20Bramman Anne L
EVP, CFO
 Award / grant 18,955——18,955
2026-08-20Bramman Anne L
EVP, CFO
 Award / grant 14,581——33,536
2026-07-20Watson Mathew
SVP, Controller & CAO
 Award / grant 5,874——27,678

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired16104,772—
GiftDisposed3300,950—
GiftAcquired2300,350—
Open-market saleDisposed202,318,196$189.7M
Option exerciseAcquired196,166$6.8M
Option exerciseDisposed196,166$6.8M
—Disposed20—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 21 notices · 3,924,336 shares · $319.8M
FiledFilerShares proposedEst. proceeds
2026-09-23Scarlett Kathleen116,062$10.7M
2026-09-16Schulze Richard M300,000$28.0M
2026-07-13Schulze Richard M900,000$74.5M
2026-06-26Schulze Richard M224,705$17.6M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 2 trades (1 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-05-01Ro KhannaHousePurchase$1,001 - $15,0002026-06-11
2026-01-29Ro KhannaHouseSale$1,001 - $15,0002026-02-10
2025-09-29Ro KhannaHousePurchase$1,001 - $15,0002025-10-03
2025-08-04Ro KhannaHousePurchase$1,000 - $15,0002025-09-12
2023-04-12John W. HickenlooperSenateSale (Full)$1,001 - $15,0002023-05-15
2023-04-12John W. HickenlooperSenateSale (Full)$1,001 - $15,0002023-05-14
2023-04-12John Wright HickenlooperSenateSale (Full)$1,001 - $15,0002023-05-14
2020-10-13Pat RobertsSenateSale (Full)$1,001 - $15,0002020-11-05
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.25,471,955$1.9B12.15%
STATE STREET CORP13,994,381$1.1B6.67%
VANGUARD CAPITAL MANAGEMENT LLC12,927,360$980.9M6.16%
VANGUARD PORTFOLIO MANAGEMENT LLC9,219,818$699.6M4.40%
GEODE CAPITAL MANAGEMENT, LLC7,981,481$617.9M3.81%
Invesco Ltd.5,075,482$385.1M2.42%
JPMORGAN CHASE & CO4,633,388$360.4M2.21%
GOLDMAN SACHS GROUP INC4,419,895$335.4M2.11%
SCHRODER INVESTMENT MANAGEMENT GROUP3,707,880$281.4M1.77%
DIMENSIONAL FUND ADVISORS LP3,413,456$259.1M1.63%
CITADEL ADVISORS LLC3,335,494$253.1M1.59%
NORGES BANK3,001,949$227.8M1.43%
Bank of New York Mellon Corp2,282,407$173.2M1.09%
NORTHERN TRUST CORP2,113,245$160.4M1.01%
UBS Group AG1,964,048$149.0M0.94%

Institutional ownership by quarter

2023-092026-0696.2%
% of shares held by 13F filers
2023-092026-06876
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3087696.2%130329331117
2026-03-3186793.7%100356302130
2025-12-3191496.0%15737027293
2025-09-3086985.5%14530130882
2025-06-3082085.7%123327282113
2025-03-3182085.7%95304323120
2024-12-3185884.9%136335282143
2024-09-3088384.4%14932730788
2024-06-3083484.0%13732327478
2024-03-3179083.8%11231227279
2023-12-3177182.4%14725627668
2023-09-3070381.7%5829126284

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-06-02SCHEDULE 13D/ASCHULZE RICHARD M6.1%12,859,275
2026-06-02SCHEDULE 13D/AThe Richard M. Schulze Family Foundation0.0%0
2026-04-29SCHEDULE 13GVanguard Capital Management7.1%14,778,078
2026-03-26SCHEDULE 13G/AThe Vanguard Group0.0%0
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.02%$562.3M
VTI0.02%$562.3M
VTSAX0.02%$562.3M
VSMPX0.02%$562.3M
SCHD0.44%$497.5M
VFINX0.03%$459.1M

Share structure

Shares outstanding209,728,000
Float197,170,536
Free float94.0%

Income statement

Fiscal years, USD
FY2022FY2023FY2024FY2025FY2026
Revenue$51.8B$46.3B$43.5B$41.5B$41.7B
Cost of revenue$40.1B$36.4B$33.8B$32.1B$32.3B
Gross profit$11.6B$9.9B$9.6B$9.4B$9.4B
R&D$0$0$0$0$0
SG&A$8.5B$7.9B$7.8B$7.7B$7.6B
Operating income$3.0B$1.8B$1.6B$1.7B$1.8B
EBITDA$3.9B$2.7B$2.6B$2.2B$2.3B
Pretax income$3.0B$1.8B$1.6B$1.3B$1.4B
Income tax$574.0M$370.0M$381.0M$372.0M$337.0M
Net income$2.5B$1.4B$1.2B$927.0M$1.1B
EPS, diluted$9.84$6.29$5.68$4.28$5.04
Diluted shares249.3M225.7M218.5M216.6M212.1M

Balance sheet

FY2022FY2023FY2024FY2025FY2026
Cash & short-term investments$2.9B$1.9B$1.4B$1.6B$1.7B
Receivables$1.0B$1.1B$939.0M$1.0B$1.0B
Inventory$6.0B$5.1B$5.0B$5.1B$5.2B
Total current assets$10.5B$8.8B$7.9B$8.2B$8.5B
PP&E, net$4.9B$5.1B$5.0B$5.0B$4.9B
Goodwill & intangibles$1.7B$1.6B$1.5B$999.0M$795.0M
Total assets$17.5B$15.8B$15.0B$14.8B$14.7B
Accounts payable$6.8B$5.7B$4.6B$5.0B$4.7B
Total current liabilities$10.7B$9.0B$7.9B$8.0B$7.7B
Long-term debt$1.2B$1.2B$1.2B$1.1B$1.2B
Total liabilities$14.5B$13.0B$11.9B$12.0B$11.7B
Shareholders' equity$3.0B$2.8B$3.1B$2.8B$3.0B

Cash flow statement

Outflows are negative
FY2022FY2023FY2024FY2025FY2026
Net income$2.5B$1.4B$1.2B$927.0M$1.1B
Depreciation & amortization$869.0M$918.0M$923.0M$866.0M$831.0M
Stock-based compensation$141.0M$138.0M$145.0M$139.0M$139.0M
Change in working capital−$203.0M−$861.0M−$783.0M−$259.0M−$539.0M
Operating cash flow$3.3B$1.8B$1.5B$2.1B$2.0B
Capital expenditure−$737.0M−$930.0M−$795.0M−$706.0M−$704.0M
Free cash flow$2.5B$894.0M$675.0M$1.4B$1.3B
Investing cash flow−$1.4B−$962.0M−$781.0M−$704.0M−$730.0M
Net debt issued / repaid−$133.0M−$19.0M−$19.0M−$17.0M−$13.0M
Buybacks−$3.5B−$1.0B−$340.0M−$500.0M−$273.0M
Dividends paid−$688.0M−$789.0M−$801.0M−$807.0M−$801.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2022FY2023FY2024FY2025FY2026
Gross margin22.4%21.3%22.1%22.6%22.5%
Operating margin5.8%4.2%3.6%3.1%4.2%
Net margin4.7%3.1%2.9%2.2%2.6%
FCF margin4.9%1.9%1.6%3.4%3.0%
ROE64.5%48.8%42.4%31.6%37.0%
ROIC60.6%31.4%21.3%17.2%24.8%
ROA13.4%8.5%8.1%6.2%7.3%
Debt / equity1.301.421.301.441.39
Interest coverage122.0x52.1x32.2x26.4x30.9x
Current ratio0.990.981.001.031.11
Revenue growth+9.5%−10.6%−6.1%−4.4%+0.4%
EPS growth+50.3%−37.7%−10.5%−24.8%+17.1%
P/E at year end7.9x11.5x12.0x18.9x12.9x
EV / EBITDA at year end5.2x6.7x6.7x9.1x7.1x
FCF yield at year end13.01%5.46%4.52%7.93%9.11%
Dividend payout28.0%55.6%64.5%87.1%74.9%

Revenue by segment

FY2022FY2023FY2024FY2025FY2026
Domestic Segment————$38.3B
Computing And Mobile Phones$22.5B$19.8B$18.5B$18.7B$18.0B
Computing and Mobile Phones————$19.7B
Consumer Electronics$16.2B$14.1B$13.0B$12.1B$11.5B
Appliances$7.2B$6.7B$5.8B$4.9B$4.5B
International Segment————$3.4B
Entertainment$3.3B$3.1B$3.4B$2.9B$3.1B
Services$2.4B$2.3B$2.5B$2.6B$2.7B
Other Segment$258.0M$317.0M$304.0M$333.0M$270.0M
Other————$300.0M

Revenue by region · FY2026

Domestic Segment$38.3B · 92%
International Segment$3.4B · 8%

Street estimates by fiscal year

Next report 2026-11-24 · consensus EPS $1.48 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$41.8B$41.3B – $41.9B$6.29$6.21 – $6.331814.7x
2026$41.8B$41.3B – $41.9B$6.29$6.21 – $6.331514.7x
2027$42.7B$42.4B – $42.9B$6.81$6.74 – $6.881513.6x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-27$1.39$1.47+5.8%$9.6B$9.8B+1.9%
2026-03-03$2.46$2.61+6.1%$13.9B$13.8B−0.4%
2025-11-25$1.31$1.40+6.9%$9.6B$9.7B+1.0%
2025-08-28$1.21$1.28+5.8%$9.2B$9.4B+2.3%
2025-05-29$1.10$1.15+4.5%$8.8B$8.8B−0.5%
2025-03-04$2.41$2.58+7.1%$13.7B$13.9B+1.9%
2024-11-26$1.30$1.26−3.1%$9.6B$9.4B−1.8%
2024-08-29$1.16$1.34+15.5%$9.2B$9.3B+0.6%
2024-05-30$1.08$1.20+11.1%$9.0B$8.8B−1.2%
2024-02-29$2.52$2.72+7.9%$14.6B$14.6B+0.6%
2023-11-21$1.18$1.29+9.3%$14.5B$9.8B−32.9%
2023-08-29$1.06$1.22+15.1%$9.5B$9.6B+0.7%
2023-05-25$1.11$1.15+3.6%$9.6B$9.5B−1.1%
2023-03-02$2.11$2.61+23.7%$14.7B$14.7B+0.1%
2022-11-22$1.03$1.38+34.0%$10.3B$10.6B+2.7%
2022-08-30$1.27$1.54+21.3%$10.3B$10.3B+0.5%
2022-05-24$1.61$1.57−2.5%$10.4B$10.6B+2.3%
2022-03-03$2.73$2.730.0%$16.6B$16.4B−1.3%
2021-11-23$1.91$2.08+8.9%$16.8B$11.9B−29.0%
2021-08-24$1.85$2.98+61.1%$11.4B$11.8B+3.5%
2021-05-27$1.39$2.23+60.4%$10.1B$11.6B+15.1%
2021-02-25$3.45$3.48+0.9%$16.8B$16.9B+0.9%
2020-11-24$1.76$2.06+17.0%$9.3B$11.9B+26.9%
2020-08-25$1.08$1.71+58.3%$6.3B$9.9B+58.3%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.306-150.406-220.206-290.407-060.507-130.307-200.307-270.508-030.308-100.308-170.708-240.608-31
Week ofNotionalSharesTrades
2026-08-31$551.2M6,453,508117,071
2026-08-24$662.6M7,813,103126,092
2026-08-17$345.0M3,952,51693,555
2026-08-10$302.4M3,578,87386,680
2026-08-03$460.8M5,545,412109,494
2026-07-27$325.8M3,670,43683,557

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1563.7%
DateShort shareShort volumeTotal volume
2026-10-1563.7%1,126,7571,768,670
2026-10-1457.8%398,969689,944
2026-10-1371.5%513,861718,295
2026-10-1262.4%597,993957,596
2026-10-0967.5%549,278813,402
2026-10-0856.5%967,0791,711,311
2026-10-0758.2%1,082,2031,858,751
2026-10-0661.5%847,6471,377,262
2026-10-0573.8%723,940980,623
2026-10-0267.0%488,730729,019
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-0.8Jan+0.8Feb+2.8Mar+2.9Apr-0.8May+0.2Jun-0.6Jul+3.5Aug+1.4Sep+0.9Oct+0.9Nov-1.5Dec
MonthAvg returnUp yearsYears
Jan−0.8%40%20
Feb+0.8%45%20
Mar+2.8%52%21
Apr+2.9%45%20
May−0.8%40%20
Jun+0.2%50%20
Jul−0.6%50%20
Aug+3.5%55%20
Sep+1.4%55%20
Oct+0.9%60%20
Nov+0.9%55%20
Dec−1.5%35%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1459.2
MFI55.4
ADX12.8
Stochastic %K / %D79.3 / 66.5
Williams %R-29.7
CCI126
TSI / signal5.8 / 3.2
Chaikin money flow-0.08
ATR$3.03
Bollinger width12.4%
Volume vs 20-day avg1.12x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$89.30 (+3.7%)
SMA 50$87.50 (+5.9%)
SMA 200$72.42 (+27.9%)
EMA 21$89.08 (+4.0%)
EMA 50$87.13 (+6.3%)
EMA 200$77.23 (+19.9%)
Bollinger upper$94.82 (−2.3%)
Bollinger lower$83.78 (+10.6%)
Parabolic SAR$83.87 (+10.4%)
Open the live chart, 110+ indicators

About Best Buy Co., Inc.

Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers). Customers can also find smartwatches and various consumer electronics, encompassing digital imaging devices, health and fitness gadgets, home theater systems, portable audio solutions (like headphones and speakers), and smart home products. Beyond electronics, Best Buy also supplies household appliances such as dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. For entertainment, their offerings range from drones, movies, music, and toys to gaming hardware and software, including virtual reality products. Additionally, the company stocks miscellaneous items like baby products, food and beverages, luggage, outdoor living essentials, and sporting goods. In terms of services, Best Buy provides consultation, delivery, design assistance, health-related programs, installation, membership benefits, repair work, product setup, technical support, and warranty services. Products are distributed through both physical stores and online platforms, operating under various brand names including Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird. Their primary online presence is via bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company maintained a network of 1,144 retail locations. Originally established in 1966 as Sound of Music, Inc., the corporation is headquartered in Richfield, Minnesota.

https://investors.bestbuy.com/overview/default.aspx

Key executives

NameTitlePayBorn
Corie Sue BarryChief Executive Officer & Director$3.6M1975
Kathleen ScarlettSenior EVP & Chief Human Resources$2.2M1964
Todd Gregory HartmanExecutive Vice President, Secretary, Chief Legal & Risk Officer$1.9M1967
Jason J. BonfigSenior EVP, Chief Customer, Product & Fulfillment Officer$1.9M1977
Richard SchulzeFounder & Chairman Emeritus$69,1331941
Frank BedoExecutive VP and Chief Strategy & Growth Officer——
Jeff HaydockEVP, Chief Communications & Public Affairs Officer——
Luke MotschenbacherExecutive VP and Chief Retail & Services Officer——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Corie Barry Chief Executive Officer2026$1.3M$13.7M$2.2M$17.3M
Matt Bilunas Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy2026$955,192$3.5M$1.2M$5.7M
Kamy Scarlett Senior Executive Vice President, Corporate Affairs and Human Resources2026$945,193$2.5M$1.2M$4.7M
Damien Harmon Former Senior Executive Vice President, Channel and Customer Experiences and Enterprise Services2026$378,654$1.8M$0$4.0M
Jason Bonfig Senior Executive Vice President, Customer Offering, Fulfillment and Best Buy Canada2026$840,385$2.0M$1.0M$3.9M
Todd Hartman Executive Vice President, Chief Legal and Risk Officer and Secretary2026$830,192$1.6M$1.0M$3.5M

Employees

125k2019125k2020102k2021105k202290k202385k202485k202582k2026

Dividends

Ex-dateAmountPaid
2026-09-17$0.962026-10-08
2026-06-18$0.962026-07-09
2026-03-24$0.962026-04-14
2025-12-16$0.952026-01-06
2025-09-18$0.952025-10-09
2025-06-18$0.952025-07-10
2024-12-17$0.942025-01-07
2024-09-19$0.942024-10-10

Moat model

Weak · Efficient Scale · 2026-08-01
Cost advantage73
Intangibles26
Switching costs43
Network effect40
Efficient scale90
Our component scores (0-100) and overall 51.4; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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