Best Buy (BBY)
Market Price (10/23/2025): $81.25 | Market Cap: $17.2 BilSector: Consumer Discretionary | Industry: Computer & Electronics Retail
Best Buy (BBY)
Market Price (10/23/2025): $81.25Market Cap: $17.2 BilSector: Consumer DiscretionaryIndustry: Computer & Electronics Retail
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.8%, FCF Yield is 7.9% | Weak multi-year price returns2Y Excs Rtn is -28%, 3Y Excs Rtn is -39% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.4% |
Attractive cash flow generationCFO LTM is 2.1 Bil | ||
Low stock price volatilityVol 12M is 43% |
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.8%, FCF Yield is 7.9% |
Attractive cash flow generationCFO LTM is 2.1 Bil |
Low stock price volatilityVol 12M is 43% |
Weak multi-year price returns2Y Excs Rtn is -28%, 3Y Excs Rtn is -39% |
Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.4% |
Market Valuation & Key Metrics
BBY Stock
Return vs. Risk
Price Returns Compared
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
---|---|---|---|---|---|---|---|
Returns | |||||||
BBY Return | 17% | 4% | -17% | 3% | 14% | -1% | 14% |
Peers Return | 15% | 26% | -18% | 26% | 14% | 3% | 76% |
S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 106% |
Monthly Win Rates [3] | |||||||
BBY Win Rate | 58% | 42% | 25% | 42% | 58% | 56% | |
Peers Win Rate | 58% | 60% | 40% | 60% | 63% | 49% | |
S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 67% | |
Max Drawdowns [4] | |||||||
BBY Max Drawdown | -42% | -2% | -36% | -19% | -10% | -34% | |
Peers Max Drawdown | -35% | -6% | -34% | -11% | -17% | -26% | |
S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: AMZN, WMT, HD, TGT, ODP. See BBY Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/22/2025 (YTD)
How Low Can It Go
Event | BBY | S&P 500 |
---|---|---|
2022 Inflation Shock | ||
% Loss | -54.5% | -25.4% |
% Gain to Breakeven | 119.6% | 34.1% |
Time to Breakeven | Not Fully Recovered days | 464 days |
2020 Covid Pandemic | ||
% Loss | -44.9% | -33.9% |
% Gain to Breakeven | 81.4% | 51.3% |
Time to Breakeven | 121 days | 148 days |
2018 Correction | ||
% Loss | -41.6% | -19.8% |
% Gain to Breakeven | 71.2% | 24.7% |
Time to Breakeven | 351 days | 120 days |
2008 Global Financial Crisis | ||
% Loss | -67.4% | -56.8% |
% Gain to Breakeven | 206.4% | 131.3% |
Time to Breakeven | 3108 days | 1480 days |
Compare to AMZN, WMT, HD, TGT, ODP
In The Past
Best Buy's stock fell -54.5% during the 2022 Inflation Shock from a high on 11/22/2021. A -54.5% loss requires a 119.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
Trade Ideas
Select past ideas related to BBY. For more, see Trefis Trade Ideas.
Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
---|---|---|---|---|---|---|---|
09302025 | ANF | Abercrombie & Fitch | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -19.3% | -19.3% | -22.1% |
09302025 | DECK | Deckers Outdoor | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.6% | 1.6% | -6.2% |
09302025 | CHH | Choice Hotels International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -4.6% | -4.6% | -7.9% |
09302025 | VAC | Marriott Vacations Worldwide | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 3.9% | 3.9% | -6.1% |
09302025 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 12.8% | 12.8% | -11.7% |
Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
---|---|---|---|---|---|---|---|
09302025 | ANF | Abercrombie & Fitch | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -19.3% | -19.3% | -22.1% |
09302025 | DECK | Deckers Outdoor | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.6% | 1.6% | -6.2% |
09302025 | CHH | Choice Hotels International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -4.6% | -4.6% | -7.9% |
09302025 | VAC | Marriott Vacations Worldwide | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 3.9% | 3.9% | -6.1% |
09302025 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 12.8% | 12.8% | -11.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Best Buy
Financials
Median | |
---|---|
Name | |
Mkt Price | 100.58 |
Mkt Cap | 214.3 |
Rev LTM | 135,347 |
Op Inc LTM | 13,512 |
FCF LTM | 8,212 |
FCF 3Y Avg | 9,134 |
CFO LTM | 12,129 |
CFO 3Y Avg | 13,299 |
Growth & Margins
Median | |
---|---|
Name | |
Rev Chg LTM | 1.3% |
Rev Chg 3Y Avg | 0.7% |
Rev Chg Q | 3.2% |
QoQ Delta Rev Chg LTM | 0.8% |
Op Mgn LTM | 4.7% |
Op Mgn 3Y Avg | 4.6% |
QoQ Delta Op Mgn LTM | -0.1% |
CFO/Rev LTM | 5.8% |
CFO/Rev 3Y Avg | 6.3% |
FCF/Rev LTM | 2.4% |
FCF/Rev 3Y Avg | 3.3% |
Valuation
Median | |
---|---|
Name | |
Mkt Cap | 214.3 |
P/S | 0.8 |
P/EBIT | 16.7 |
P/E | 29.2 |
P/CFO | 13.7 |
Total Yield | 4.7% |
Dividend Yield | 1.6% |
FCF Yield 3Y Avg | 5.2% |
D/E | 0.2 |
Net D/E | 0.2 |
Returns
Median | |
---|---|
Name | |
1M Rtn | 2.3% |
3M Rtn | 8.1% |
6M Rtn | 17.0% |
12M Rtn | -4.8% |
3Y Rtn | 49.7% |
1M Excs Rtn | 1.5% |
3M Excs Rtn | 2.7% |
6M Excs Rtn | -7.6% |
12M Excs Rtn | -21.8% |
3Y Excs Rtn | -36.1% |
Comparison Analyses
Segment Financials
Revenue by Segment
$ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Computing and Mobile Phones | 18,482 | 19,766 | 22,478 | 21,653 | 19,399 |
Consumer Electronics | 12,969 | 14,094 | 16,203 | 14,211 | 14,292 |
Appliances | 5,804 | 6,736 | 7,167 | 5,873 | 4,810 |
Entertainment | 3,363 | 3,053 | 3,275 | 3,079 | 2,597 |
Services | 2,530 | 2,332 | 2,380 | 2,252 | 2,325 |
Other | 304 | 317 | 258 | 194 | 215 |
Total | 43,452 | 46,298 | 51,761 | 47,262 | 43,638 |
Returns Analyses
Earnings Returns History
Expand for MoreForward Returns | |||
---|---|---|---|
Earnings Date | 1D Returns | 5D Returns | 21D Returns |
8/28/2025 | -3.7% | 2.1% | 2.2% |
5/29/2025 | -7.3% | -2.6% | -3.3% |
3/4/2025 | -13.3% | -9.1% | -13.2% |
11/26/2024 | -4.9% | -4.4% | -2.9% |
8/29/2024 | 14.1% | 13.2% | 17.6% |
5/30/2024 | 13.4% | 23.7% | 18.4% |
2/29/2024 | 1.5% | -1.8% | 4.2% |
11/21/2023 | -0.7% | 4.3% | 12.4% |
... | |||
SUMMARY STATS | |||
# Positive | 12 | 10 | 10 |
# Negative | 12 | 14 | 14 |
Median Positive | 6.1% | 5.5% | 13.7% |
Median Negative | -4.8% | -3.8% | -7.5% |
Max Positive | 14.1% | 23.7% | 19.1% |
Max Negative | -13.3% | -22.6% | -29.0% |
SEC Filings
Expand for MoreReport Date | Filing Date | Filing |
---|---|---|
7312025 | 9052025 | 10-Q 8/2/2025 |
4302025 | 6062025 | 10-Q 5/3/2025 |
1312025 | 3192025 | 10-K 2/1/2025 |
10312024 | 12062024 | 10-Q 11/2/2024 |
7312024 | 9062024 | 10-Q 8/3/2024 |
4302024 | 6072024 | 10-Q 5/4/2024 |
1312024 | 3152024 | 10-K 2/3/2024 |
10312023 | 12012023 | 10-Q 10/28/2023 |
7312023 | 9012023 | 10-Q 7/29/2023 |
4302023 | 6022023 | 10-Q 4/29/2023 |
1312023 | 3172023 | 10-K 1/28/2023 |
10312022 | 12062022 | 10-Q 10/29/2022 |
7312022 | 9082022 | 10-Q 7/30/2022 |
4302022 | 6022022 | 10-Q 4/30/2022 |
1312022 | 3182022 | 10-K 1/29/2022 |
10312021 | 12032021 | 10-Q 10/30/2021 |
Insider Activity
Expand for MoreOwner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
---|---|---|---|---|---|---|---|---|---|
0 | Watson Mathew | SVP, Controller & CAO | 9032025 | Sell | 74.07 | 3,715 | 275,176 | 1,640,684 | Form |
1 | SCHULZE RICHARD M | 9032025 | Sell | 74.00 | 196,100 | 14,511,420 | Form | ||
2 | SCHULZE RICHARD M | 6112025 | Sell | 72.95 | 200,000 | 14,590,520 | 14,306,005 | Form | |
3 | Bilunas Matthew M | SEVP Enterprise Strategy & CFO | 3262025 | Sell | 72.65 | 9,482 | 688,839 | 7,762,768 | Form |
4 | Watson Mathew | SVP, Controller & CAO | 3262025 | Sell | 72.65 | 2,951 | 214,381 | 1,552,539 | Form |
External Quote Links
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