Tearsheet

Best Buy (BBY)

Market Price (12/5/2025): $74.075 | Market Cap: $15.7 Bil
Sector: Consumer Discretionary | Industry: Computer & Electronics Retail

Best Buy (BBY)

Market Price (12/5/2025): $74.075
Market Cap: $15.7 Bil
Sector: Consumer Discretionary
Industry: 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

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 5.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.9%, FCF Yield is 9.5%	Weak multi-year price returns 2Y Excs Rtn is -35%, 3Y Excs Rtn is -72%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.4%
1	Attractive cash flow generation CFO LTM is 2.1 Bil
2	Low stock price volatility Vol 12M is 43%
3	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Digital Health & Telemedicine. Themes include Online Marketplaces, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 5.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.9%, FCF Yield is 9.5%
1	Attractive cash flow generation CFO LTM is 2.1 Bil
2	Low stock price volatility Vol 12M is 43%
3	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Digital Health & Telemedicine. Themes include Online Marketplaces, Show more.
4	Weak multi-year price returns 2Y Excs Rtn is -35%, 3Y Excs Rtn is -72%
5	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.4%

Valuation, Metrics & Events

	12/5/25	2024	2023	2022
Share Price CYE	$74.08	$82.50	$72.14	$70.38
Market Cap CYE ($ Bil)	15.7	17.7	15.7	15.9
Total Debt ($ Bil)	4.1	4.1	4.0	4.0
Total Cash ($ Bil)	1.5	1.6	1.4	1.9
Enterprise Value ($ Bil)	18.3	21.8	19.7	19.9
Valuation Ratios
P/S TTM	0.3	0.4	0.4	0.4
P/EBIT TTM	12.9	13.7	10.2	9.9
P/E TTM	18.2	19.9	13.7	12.7
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8
P/EBIT TTM (Sector)	7.6	8.0	7.8	6.3
P/E TTM (Sector)	10.4	11.1	10.7	8.4

	12/5/25	2024
Share Price CYE	$74.08	$82.50
Market Cap CYE ($ Bil)	15.7	17.7
Total Debt ($ Bil)	4.1	4.1
Total Cash ($ Bil)	1.5	1.6
Enterprise Value ($ Bil)	18.3	21.8
Valuation Ratios
P/S TTM	0.3	0.4
P/EBIT TTM	12.9	13.7
P/E TTM	18.2	19.9
Sector Ratios
P/S TTM (Sector)	0.8	0.8
P/EBIT TTM (Sector)	7.6	8.0
P/E TTM (Sector)	10.4	11.1

	BBY	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	41.6
Rev Chg Q	1.6%	7.1%
Rev Chg LTM	-2.2%	6.1%
Rev Chg 3Y Avg	-5.4%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	1.7
CFO LTM ($ Bil)	2.1
Net Inc LTM ($ Bil)	0.8
Op Mgn LTM	4.1%	18.8%
CFO/Rev LTM	5.0%	20.5%
Net Inc Mgn	1.9%	13.1%
VALUATION	LOW
P/S	0.3	3.2
P/CFO	6.9	15.8
P/FCF	10.5	20.5
P/E	18.3	23.5
STABILITY	GOOD
Debt/Equity	0.29	0.20
Cash/Assets	0.10	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Domestic online revenue as a percentage of total domestic revenue	32.8%	8022025	Link
Enterprise comparable sales growth	1.6%	8022025	Link
Number of U.S. stores	1054	10152025	Link
U.S. employee turnover rate	28%	7242025	Link
Paid My Best Buy Plus and Total members	nearly 8 million	3072025	Link
Carbon emission reduction (Scope 1 and 2) vs. 2009 baseline	74%	7242025	Link
Net Promoter Score (NPS)	43	3312025	Link
Waste diversion rate from U.S. operations	69%	7232025	Link
U.S. Consumer Electronics Market Share (Dollar Share)	31%	6112024	Link

Recent
11/25/2025	Earnings Release	Rev: $9.0 Bil (A) vs. $9.0 Bil (E) EPS: 1.40 (A) vs. $1.31 (E)
Upcoming
12/16/2025	Dividend	Amount: $0.95 Payment On: 1/06/2026
3/03/2026	Earnings Release	Rev: - EPS: -

BBY Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Best Buy (BBY) stock experienced an approximate 1.9% movement around late November 2025, primarily driven by its third-quarter fiscal year 2026 (Q3 FY26) earnings report and optimistic outlook.

1. Best Buy reported better-than-expected Q3 FY26 results on November 25, 2025. The company's adjusted earnings per share (EPS) of $1.40 surpassed analysts' consensus estimates of $1.31, and revenue of $9.67 billion exceeded the forecasted $9.59 billion.

2. The company raised its full-year fiscal year 2026 (FY26) guidance. Best Buy increased its full-year revenue outlook to a range of $41.65 billion to $41.95 billion and raised its earnings guidance to $6.25 to $6.35 per share. This upward revision signaled confidence in future performance.

Stock Movement Drivers

Fundamental Drivers

The -2.6% change in BBY stock from 9/4/2025 to 12/4/2025 was primarily driven by a -12.2% change in the company's Net Income Margin (%).

	9042025	12042025	Change
Stock Price ($)	76.07	74.06	-2.64%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	41448.00	41598.00	0.36%
Net Income Margin (%)	2.13%	1.87%	-12.21%
P/E Multiple	18.26	20.13	10.24%
Shares Outstanding (Mil)	212.00	211.50	0.24%
Cumulative Contribution			-2.64%

LTM = Last Twelve Months as of date shown

Market Drivers

9/4/2025 to 12/4/2025

	Return	Correlation
BBY	-2.6%
Market (SPY)	5.4%	56.5%
Sector (XLY)	-49.4%	12.3%

Fundamental Drivers

The 7.9% change in BBY stock from 6/5/2025 to 12/4/2025 was primarily driven by a 27.3% change in the company's P/E Multiple.

	6052025	12042025	Change
Stock Price ($)	68.61	74.06	7.94%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	41528.00	41598.00	0.17%
Net Income Margin (%)	2.23%	1.87%	-16.21%
P/E Multiple	15.82	20.13	27.29%
Shares Outstanding (Mil)	213.70	211.50	1.03%
Cumulative Contribution			7.93%

LTM = Last Twelve Months as of date shown

Market Drivers

6/5/2025 to 12/4/2025

	Return	Correlation
BBY	7.9%
Market (SPY)	15.7%	53.5%
Sector (XLY)	-43.0%	15.1%

Fundamental Drivers

The -14.0% change in BBY stock from 12/4/2024 to 12/4/2025 was primarily driven by a -36.9% change in the company's Net Income Margin (%).

	12042024	12042025	Change
Stock Price ($)	86.08	74.06	-13.97%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	42537.00	41598.00	-2.21%
Net Income Margin (%)	2.96%	1.87%	-36.86%
P/E Multiple	14.76	20.13	36.43%
Shares Outstanding (Mil)	216.00	211.50	2.08%
Cumulative Contribution			-14.00%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2024 to 12/4/2025

	Return	Correlation
BBY	-14.0%
Market (SPY)	13.7%	63.2%
Sector (XLY)	-47.0%	28.5%

Fundamental Drivers

The 1.2% change in BBY stock from 12/5/2022 to 12/4/2025 was primarily driven by a 116.3% change in the company's P/E Multiple.

	12052022	12042025	Change
Stock Price ($)	73.19	74.06	1.19%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	49251.00	41598.00	-15.54%
Net Income Margin (%)	3.60%	1.87%	-48.02%
P/E Multiple	9.31	20.13	116.27%
Shares Outstanding (Mil)	225.40	211.50	6.17%
Cumulative Contribution			0.81%

LTM = Last Twelve Months as of date shown

Market Drivers

12/5/2023 to 12/4/2025

	Return	Correlation
BBY	10.0%
Market (SPY)	53.3%	50.2%
Sector (XLY)	-29.2%	27.3%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
BBY Return	17%	4%	-17%	3%	14%	-10%	6%
Peers Return	15%	26%	-18%	26%	14%	3%	76%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	112%
Monthly Win Rates [3]
BBY Win Rate	58%	42%	25%	42%	58%	60%
Peers Win Rate	58%	60%	40%	60%	63%	50%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
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 12/4/2025 (YTD)

How Low Can It Go

Unique Key	Event	BBY	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-54.5%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	119.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-44.9%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	81.4%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	121 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-41.6%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	71.2%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	351 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-67.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	206.4%	131.3%
2008 Global Financial CrisisTime to Breakeven	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

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Asset Allocation

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About Best Buy (BBY)

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the 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, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Best Buy (BBY):

The Target or Walmart for consumer electronics and home appliances.
The brick-and-mortar Amazon for electronics.
The Home Depot for electronics and appliances.

AI Generated Analysis | Feedback

Consumer Electronics: Best Buy sells a wide range of new consumer electronics, including televisions, computers, mobile phones, home appliances, and gaming systems.
Geek Squad Services: Provides tech support, installation, setup, repair, and protection plans for various electronics, both in-store and in-home.
Home Delivery & Installation: Offers professional delivery, setup, and installation services for large appliances, televisions, and home theater systems.
Membership Programs: Provides tiered membership options (e.g., My Best Buy Plus, My Best Buy Totaltech) offering benefits like exclusive pricing, extended return windows, free shipping, and dedicated tech support.

AI Generated Analysis | Feedback

Best Buy (symbol: BBY) primarily sells to **individuals** (consumers). Below are up to three categories of customers that it serves: ```html

Best Buy (symbol: BBY) primarily sells to individuals (consumers). Below are up to three categories of customers that it serves:

Everyday Consumers: This broad category includes individuals and families seeking a wide range of electronics for daily life, such as new smartphones, laptops for work or school, televisions, small kitchen appliances, and basic home electronics. They often prioritize convenience, competitive pricing, and accessible product information.
Tech Enthusiasts & Gamers: This segment consists of customers passionate about technology, actively seeking the latest innovations, high-performance components (e.g., gaming PCs, premium audio equipment), specialized gaming accessories, smart home devices, and cutting-edge photography or video gear. They often value in-depth product knowledge and expert recommendations.
Homeowners & Appliance Shoppers: These customers are typically looking for larger, more significant purchases like major kitchen appliances (refrigerators, ovens, dishwashers), laundry machines, or comprehensive home theater systems. They often require delivery, installation services (like Best Buy's Geek Squad), and may value financing options and the ability to view products in a showroom environment.

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Apple Inc. (AAPL)
Samsung Electronics Co., Ltd. (KRX: 005930)
Microsoft Corp. (MSFT)
Sony Group Corp. (NYSE: SONY)
HP Inc. (HPQ)
Dell Technologies Inc. (DELL)
LG Electronics Inc. (KRX: 066570)
Alphabet Inc. (GOOGL)
Whirlpool Corporation (WHR)

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Corie Barry, Chief Executive Officer

Corie Barry joined Best Buy in 1999 as a financial analyst and has held various financial and operational leadership roles, including Chief Financial Officer (2016-2019) and Chief Strategic Growth Officer, before becoming CEO in June 2019. Prior to joining Best Buy, she worked as an auditor at Deloitte & Touche for two years. Barry also serves on the board of directors for Domino's Pizza.

Matt Bilunas, SEVP, Chief Financial and Strategy Officer

Matt Bilunas was appointed CFO in July 2019. He has over 13 years of experience with Best Buy, serving in various finance leadership positions such as Vice President of Enterprise and Merchandise Finance, Director of Territory Finance, Senior Director of Enterprise Finance, and Vice President of E-commerce and Marketing Finance. His responsibilities have included strategic planning, annual budgeting, monthly forecasting, and capital planning.

Jason Bonfig, SEVP, Chief Customer, Product and Fulfillment Officer

Jason Bonfig has served as a merchant at Best Buy for 20 years, overseeing all aspects of merchandising, product category management, and e-commerce for Best Buy's U.S. business, including demand planning, buying, pricing, and promotional planning. He also leads the company's Exclusive Brands private-label team.

Deborah Di Sanzo, President of Best Buy Health

Deborah Di Sanzo leads Best Buy's health technology business, focusing on enabling care at home. This includes integrated technology, personalized caring centers, technical services, logistics, supply chain, and omnichannel experiences.

Mark Irvin, Chief Supply Chain Officer

Mark Irvin is responsible for Best Buy's supply chain operations. He joined Best Buy in August 2013.

AI Generated Analysis | Feedback

The increasing strategic emphasis and investment by major consumer electronics manufacturers in their direct-to-consumer (DTC) sales channels. This includes sophisticated online storefronts, exclusive product launches and bundles, and dedicated physical retail locations (e.g., Apple Stores, Samsung Experience Stores, Google Stores). These direct channels increasingly offer competitive pricing, unique promotions, and integrated service and support, challenging Best Buy's role as the primary sales and service intermediary by capturing a greater share of consumer purchases directly from the source.

AI Generated Analysis | Feedback

Best Buy (BBY) operates primarily in the United States and Canada, with its main addressable markets spanning several key product and service categories.

U.S. Addressable Markets for Best Buy's Main Products and Services:

Consumer Electronics: The U.S. consumer electronics market generated an estimated revenue of USD 200.36 billion in 2024 and is projected to reach USD 261.93 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2030. Another estimate values the U.S. consumer electronics market at USD 185.8 billion in 2024. The market for consumer electronics stores in the U.S. was approximately USD 156.6 billion in 2024 and is expected to reach USD 158.6 billion in 2025.
Home Appliances: The U.S. home appliances market was valued at USD 90.65 billion in 2024 and is expected to reach USD 181.68 billion by 2034, with a CAGR of 7.20% during the forecast period of 2025-2034. Another report states the U.S. home appliance market size was USD 129.83 billion in 2024, projected to grow to USD 204.99 billion by 2032 at a CAGR of 6.01% from 2025-2032. The U.S. household appliances market was estimated at USD 99.34 billion in 2024 and is expected to grow at a CAGR of 3.8% from 2025 to 2030.
Technology Services: The United States IT services market size is estimated at USD 490.86 billion in 2025 and is expected to reach USD 671.57 billion by 2030, growing at a CAGR of 6.47% during the forecast period. Another source projects the U.S. IT services market to advance to USD 691.57 billion by 2030 with a CAGR of 7.10%. In 2023, the U.S. IT services market was valued at USD 405.7 billion and is projected to grow to USD 695.6 billion by 2030 at a CAGR of 7.9% from 2024 to 2030.
Computing Devices: The U.S. personal computers market generated a revenue of USD 30.5 billion in 2024 and is expected to reach USD 47.1 billion by 2030, with a CAGR of 8% from 2025 to 2030. The broader U.S. IT devices market, which includes mobile devices, surpassed USD 450.77 billion in 2024 and is predicted to reach approximately USD 1,159.5 billion by 2034, registering a CAGR of 9.9% from 2025 to 2034. The overall U.S. technology market, which segments by technology into laptops, desktop computers, tablets, monitors, printers, and scanners, was valued at USD 390.94 billion in 2024 and is projected to reach USD 722.89 billion by 2032 with a CAGR of 7.99% from 2025 to 2032.
Entertainment Products: The U.S. movie and entertainment market generated a revenue of USD 29.92 billion in 2023 and is expected to reach USD 47.68 billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030. The North American entertainment content and goods market was valued at USD 73.8 billion in 2024. The U.S. online entertainment market was estimated at USD 32.79 billion in 2024 and is anticipated to be worth around USD 111.12 billion by 2034, with a CAGR of 12.96% from 2025 to 2034.

AI Generated Analysis | Feedback

Best Buy (BBY) is focusing on several key drivers to fuel future revenue growth over the next two to three years:

Omnichannel Experience Enhancements and Digital Transformation: Best Buy is strategically investing in evolving its digital solutions and integrating its unique in-store elements, such as the Geek Squad, into digital platforms to create a seamless omnichannel customer experience. This includes personalizing the app interface, streamlining online and in-home services, and leveraging physical stores as service and fulfillment centers.
Launch and Scaling of New Profit Streams: The company is actively pursuing new revenue streams, notably through the planned launch of a third-party online marketplace in the U.S. by mid-2025, which mirrors the success of its Canadian counterpart. This initiative aims to expand product assortment and introduce new categories, contributing to increased profit and unit share. Best Buy is also expanding its Best Buy Ads business, creating new opportunities for advertisers and driving traffic.
Growth in Key Product Categories Driven by Technology Innovation and Refresh Cycles: Best Buy anticipates revenue growth from specific product categories, including gaming, computing, and mobile phones, which have shown recent strength. Upcoming technology refresh cycles, such as the end of Windows 10 support and advancements in AI-powered features in computing, are expected to stimulate demand. Additionally, the launch of new innovative products, like the Nintendo Switch 2, has historically contributed to sales increases.
Expansion of Best Buy Health: Best Buy Health is a significant strategic initiative focused on providing age-in-place home health technology and services. This includes solutions addressing age-related needs, fitness technology, and prescription fulfillment, representing a new market segment for revenue generation.
Development of Tiered Membership Programs: To enhance customer loyalty and recurring revenue, Best Buy has revamped its membership offerings into three tiers: My Best Buy, My Best Buy Plus, and My Best Buy Total. These programs offer varying levels of benefits, including free shipping, exclusive pricing, extended return windows, product access, protection plans, and support, driving customer engagement and service-related income.

AI Generated Analysis | Feedback

 Share Repurchases

    Best Buy repurchased approximately $500 million of its shares in fiscal 2025.
    In fiscal 2024, the company's share repurchases amounted to approximately $339 million.
    The company expects to spend approximately $300 million on share repurchases during fiscal 2026.

 Outbound Investments

    In fiscal 2022, Best Buy acquired Current Health Ltd. and Two Peaks, LLC d/b/a Yardbird Furniture.
    The company has invested up to $10 million with Brown Venture Group, a venture capital firm focusing on Black, Latino, and Indigenous technology startups.

 Capital Expenditures

    Best Buy incurred $706 million in capital expenditures for fiscal 2025.
    Capital expenditures are expected to be between $700 million and $750 million for fiscal 2026.
    The primary focus of capital expenditures includes optimizing the store fleet, enhancing supply chain systems and processes, and investing in digital transformation, customer experience improvements, and new initiatives like Best Buy Marketplace and Best Buy Ads.

Interactive Breakdown

Best Buy Interactive Breakdown Analysis

Better Bets than Best Buy (BBY)

	BBY	Better Performance than BBY
Metric	Value	INDUSTRY: Computer & Electronics Retail
Rev Chg LTM	-2.2%	UPBD (7.5%)
Rev Chg 3Y Avg	-5.4%	UPBD (1.5%)
Op Mgn LTM	4.1%	UPBD (5.4%)
CFO/Rev LTM	5.0%	GME (12.9%)
FCF/Rev LTM	3.3%	GME (12.5%)
Total Yield	11.1%	UPBD (12.7%)
P/S	0.3	UPBD (0.3)
P/Op Inc	8.2	UPBD (5.5)

	BBY	Better Performance than BBY
Metric	Value	SECTOR: Consumer Discretionary
Rev Chg LTM	-2.2%	AMZN (10.9%), HD (8.5%), TJX (4.1%), MCD (1.2%), TSLA (-1.6%)
Rev Chg 3Y Avg	-5.4%	AMZN (11.3%), TSLA (9.3%), TJX (5.3%), MCD (4.2%), HD (2.2%)
Op Mgn LTM	4.1%	MCD (46.1%), HD (13.1%), AMZN (11.4%), TJX (11.2%), TSLA (5.1%)
CFO/Rev LTM	5.0%	MCD (39.9%), AMZN (18.1%), TSLA (16.5%), HD (10.8%), TJX (10.2%)
FCF/Rev LTM	3.3%	BKNG (31.9%), MCD (28.1%), HD (8.6%), TSLA (7.1%), TJX (7.0%)
Total Yield	11.1%	DDS (15.2%), F (13.6%), TOL (12.7%), MGA (11.8%), DHI (11.3%)
P/S	0.3	LAD (0.2), F (0.3), AN (0.3), GM (0.3), MGA (0.3)
P/Op Inc	8.2	TOL (6.4), MGA (6.7), GM (7.1), PHM (7.6), DHI (8.0)

	BBY	Better Performance than BBY
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-2.2%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), GOOGL (13.4%), AAPL (6.0%)
Rev Chg 3Y Avg	-5.4%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	4.1%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	5.0%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), GOOGL (39.3%), AAPL (26.6%)
FCF/Rev LTM	3.3%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	11.1%	VZ (16.8%), TD (16.6%), PFE (13.5%), MRK (13.0%), BMY (12.0%)
P/S	0.3	CAH (0.2), COR (0.2), CVS (0.2), MCK (0.2), CI (0.3)
P/Op Inc	8.2	CMCSA (5.2), VZ (5.9), BUD (7.7), BMY (8.0), BN (8.1)

		Best Bets In Consumer Discretionary Sector
	BBY	ABNB	BKNG	MCD	ETSY	LOPE	ALSN	GRMN	CROX	WH	YUM
What You Pay
P/E	18.2	28.2	34.7	25.7	36.2	28.8	10.2	30.2	19.7	18.1	29.2
P/EBIT	12.9	27.4	20.8	17.7	15.9	19.2	7.5	26.7	17.2	10.6	16.9
What You Get
Rev Chg Q	1.6%	9.7%	12.7%	3.0%	2.4%	9.6%	-15.9%	11.7%	3.4%	-3.5%	8.4%
Rev Chg LTM	-2.2%	10.2%	13.0%	1.2%	2.0%	7.0%	-4.2%	16.6%	2.0%	3.4%	11.6%
Rev Chg 3Y Avg	-5.4%	14.2%	17.8%	4.2%	4.9%	6.5%	4.6%	12.2%	14.5%	-2.5%	6.4%
FCF/Rev 3Y Avg	3.5%	40.2%	35.6%	27.4%	23.8%	21.8%	21.0%	20.5%	19.8%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Can Best Buy Stock Recover If Markets Fall?	Return
2	Upbound vs Best Buy: Which Is the Stronger Buy Today?	Counter-Intuitive Comparisons
3	How Does Best Buy Stock Stack Up Against Its Peers?	Peer Comparison
4	Better Bet Than BBY Stock: Pay Less Than Best Buy To Get More From UNH, SLB
5	Better Bet Than BBY Stock: Pay Less Than Best Buy To Get More From NCLH, ALSN
6	BBY Dip Buy Analysis
7	Best Buy vs. Large Cap Stocks: Which Is A Better Investment?	Investment Theme Comparisons
8	Best Buy Total Shareholder Return (TSR): 22.9% in 2025 and 5.2% 3-yr compounded annual returns (above peer average)
9	Best Buy (BBY) worth $17 Bil (down $-2.5 Bil), still more valuable than F5	Notification
10	BBY YTD Stock Return Of 6.1% Outperforms ODP by 21% and Underperforms WMT by -8.7%	Return
11	ARTICLES
12	S&P 500 Movers \| Winners: INTC, SNPS, APP \| Losers: WRB, PODD, BBY		December 2nd, 2025
13	How Will Best Buy Stock React To Its Upcoming Earnings?		November 22nd, 2025
14	Why Best Buy’s Struggles May Not Be Over Yet		October 20th, 2025
15	Best Buy’s Stock Faces Risks Despite Nintendo Switch 2 Buzz		June 13th, 2025
16	Is A 50% Drop Ahead For Best Buy Stock?		May 30th, 2025

	Title
0	DASHBOARDS
1	Can Best Buy Stock Recover If Markets Fall?
2	Upbound vs Best Buy: Which Is the Stronger Buy Today?
3	How Does Best Buy Stock Stack Up Against Its Peers?
4	Better Bet Than BBY Stock: Pay Less Than Best Buy To Get More From UNH, SLB
5	Better Bet Than BBY Stock: Pay Less Than Best Buy To Get More From NCLH, ALSN
6	BBY Dip Buy Analysis
7	Best Buy vs. Large Cap Stocks: Which Is A Better Investment?
8	Best Buy Total Shareholder Return (TSR): 22.9% in 2025 and 5.2% 3-yr compounded annual returns (above peer average)
9	Best Buy (BBY) worth $17 Bil (down $-2.5 Bil), still more valuable than F5
10	BBY YTD Stock Return Of 6.1% Outperforms ODP by 21% and Underperforms WMT by -8.7%
11	ARTICLES
12	S&P 500 Movers \| Winners: INTC, SNPS, APP \| Losers: WRB, PODD, BBY
13	How Will Best Buy Stock React To Its Upcoming Earnings?
14	Why Best Buy’s Struggles May Not Be Over Yet
15	Best Buy’s Stock Faces Risks Despite Nintendo Switch 2 Buzz
16	Is A 50% Drop Ahead For Best Buy Stock?

Trade Ideas

Select past ideas related to BBY. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
LXP	LXP Industrial Trust	2.8	406.1%	25.7%
OLMA	Olema Pharmaceuticals	2.4	237.1%	374.1%
COGT	Cogent Biosciences	5.4	178.2%	404.0%
CDTX	Cidara Therapeutics	5.9	119.6%	720.3%
SGML	Sigma Lithium	1.1	113.2%	-11.1%
IRWD	Ironwood Pharmaceuticals	0.6	99.5%	-15.8%
ALMS	Alumis	0.6	82.4%	5.6%
NPCE	NeuroPace	0.6	80.5%	51.7%
BW	Babcock & Wilcox Enterprises	0.7	80.5%	311.6%
CBLL	CeriBell	0.7	75.4%	-26.0%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CCOI	Cogent Communications	0.9	-53.0%	-74.0%
UP	Wheels Up Experience	0.5	-48.0%	-60.0%
TLRY	Tilray Brands	7.7	-41.8%	-45.7%
AMSC	American Superconductor	1.4	-41.4%	34.0%
CTEV	Claritev	0.6	-41.2%
BTDR	Bitdeer Technologies	2.5	-40.7%	-41.6%
FRMI	Fermi	11.1	-40.2%
JANX	Janux Therapeutics	1.0	-39.3%	-69.4%
ARDT	Ardent Health	1.2	-39.1%	-48.1%
SMR	NuScale Power	3.4	-35.9%	27.4%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

Peer Comparisons for Best Buy

Peers to compare with:

Financials

	BBY	AMZN	WMT	HD	TGT	ODP	Median
Name	Best Buy	Amazon.c.	Walmart	Home Dep.	Target	ODP
Mkt Price	74.06	229.11	114.84	351.17	91.59	27.97	103.22
Mkt Cap	15.7	2,437.0	916.2	348.4	41.6	0.8	195.0
Rev LTM	41,598	670,038	693,153	165,054	105,640	6,533	135,347
Op Inc LTM	1,724	76,190	28,988	21,601	5,424	149	13,512
FCF LTM	1,352	13,481	13,753	14,230	2,944	120	8,212
FCF 3Y Avg	1,518	21,677	14,986	15,759	3,282	176	9,134
CFO LTM	2,064	121,137	38,438	17,872	6,386	191	12,129
CFO 3Y Avg	2,295	96,977	36,707	19,128	7,470	261	13,299

Growth & Margins

	BBY	AMZN	WMT	HD	TGT	ODP	Median
Name	Best Buy	Amazon.c.	Walmart	Home Dep.	Target	ODP
Rev Chg LTM	-2.2%	10.9%	4.2%	8.5%	-1.5%	-8.9%	1.3%
Rev Chg 3Y Avg	-5.4%	11.3%	5.7%	2.2%	-0.7%	-8.1%	0.7%
Rev Chg Q	1.6%	13.3%	4.8%	4.9%	-0.9%	-8.7%	3.2%
QoQ Delta Rev Chg LTM	0.4%	3.0%	1.2%	1.3%	-0.2%	-2.3%	0.8%
Op Mgn LTM	4.1%	11.4%	4.2%	13.1%	5.1%	2.3%	4.7%
Op Mgn 3Y Avg	4.1%	7.9%	4.0%	14.0%	5.1%	3.3%	4.6%
QoQ Delta Op Mgn LTM	-0.0%	0.3%	-0.1%	-0.2%	-0.3%	0.0%	-0.1%
CFO/Rev LTM	5.0%	18.1%	5.5%	10.8%	6.0%	2.9%	5.8%
CFO/Rev 3Y Avg	5.3%	15.8%	5.5%	12.2%	7.0%	3.5%	6.3%
FCF/Rev LTM	3.3%	2.0%	2.0%	8.6%	2.8%	1.8%	2.4%
FCF/Rev 3Y Avg	3.5%	3.5%	2.3%	10.1%	3.1%	2.3%	3.3%

Valuation

	BBY	AMZN	WMT	HD	TGT	ODP	Median
Name	Best Buy	Amazon.c.	Walmart	Home Dep.	Target	ODP
Mkt Cap	15.7	2,437.0	916.2	348.4	41.6	0.8	195.0
P/S	0.3	3.5	1.1	2.2	0.4	0.1	0.8
P/EBIT	12.9	27.4	25.1	16.8	8.1	23.2	20.0
P/E	18.2	33.1	36.5	24.9	11.4	-92.8	21.6
P/CFO	6.9	19.3	20.3	20.4	7.0	4.4	13.2
Total Yield	11.1%	3.0%	3.6%	6.5%	13.3%	-1.1%	5.1%
Dividend Yield	5.7%	0.0%	0.9%	2.5%	4.6%	0.0%	1.7%
FCF Yield 3Y Avg	9.1%	1.1%	2.8%	4.7%	5.6%	13.6%	5.2%
D/E	0.3	0.1	0.1	0.2	0.4	0.9	0.2
Net D/E	0.2	0.0	0.1	0.2	0.3	0.7	0.2

Returns

	BBY	AMZN	WMT	HD	TGT	ODP	Median
Name	Best Buy	Amazon.c.	Walmart	Home Dep.	Target	ODP
1M Rtn	-6.7%	-8.1%	12.3%	-7.7%	3.1%	0.6%	-3.0%
3M Rtn	-2.6%	-2.8%	13.8%	-14.1%	0.0%	31.3%	-1.3%
6M Rtn	7.9%	10.2%	17.5%	-3.7%	0.2%	55.4%	9.1%
12M Rtn	-14.0%	5.0%	22.8%	-15.9%	-26.5%	4.8%	-4.6%
3Y Rtn	1.2%	151.7%	136.0%	18.4%	-34.4%	-41.1%	9.8%
1M Excs Rtn	-8.0%	-9.4%	11.0%	-9.0%	1.8%	-0.7%	-4.3%
3M Excs Rtn	-7.3%	-7.2%	8.5%	-21.4%	-6.3%	20.1%	-6.7%
6M Excs Rtn	-7.5%	-5.3%	2.1%	-19.2%	-15.2%	39.9%	-6.4%
12M Excs Rtn	-27.8%	-4.7%	11.8%	-29.1%	-40.2%	0.3%	-16.2%
3Y Excs Rtn	-71.9%	74.6%	60.7%	-52.6%	-112.2%	-112.7%	-62.2%

Comparison Analyses

	Title
0	How Does Best Buy Stock Stack Up Against Its Peers?
1	Why BBY With 10% Upside May Beat JBLU?
2	Best Buy Co vs. Amazon.com: With Return Forecast Of 25%, Amazon.com Is A Better Bet
3	BBY Could Deliver 10% Returns And Outperform WMT
4	Why BBY With 10% Upside May Beat HD?
5	BBY or TGT - With 15% Return Forecast, TGT Probably Deserves Your Money
6	Best Buy vs. The Coca-Cola Company: With Return Forecast Of 14%, Best Buy Is A Better Bet
7	Best Buy vs. Abbott Laboratories: Both Seem Similar Bets
8	Best Buy vs. Merck: With Return Forecast Of 15%, Best Buy Is A Better Bet
9	Best Buy vs. Paramount Global: With Return Forecast Of 36%, Paramount Global Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 2/1	LTM	2025	2024	2023	2022	2021	2020
Period End	8/2/2025	2/1/2025	2/3/2024	1/28/2023	1/29/2022	1/30/2021	2/1/2020
Filing Date	9/5/2025	3/19/2025	3/15/2024	3/17/2023	3/18/2022	3/19/2021	3/23/2020
Key Financials
Total Revenue	41,598	41,528	43,452	46,298	51,761	47,262	43,638
EBITDA	1,955	2,212	2,596	2,741	3,918	3,268	2,869
Operating Income	1,724	1,734	1,727	1,942	3,005	2,645	2,050
Net Income	778	927	1,241	1,419	2,454	1,798	1,541
EPS	3.65	4.31	5.70	6.31	9.94	6.93	5.82
Growth Rates
Total Revenue Growth	-2.2%	-4.4%	-6.1%	-10.6%	9.5%	8.3%	1.8%
EBITDA Growth	-24.5%	-14.8%	-5.3%	-30.0%	19.9%	13.9%	5.1%
Operating Income Growth	-3.5%	0.4%	-11.1%	-35.4%	13.6%	29.0%	5.3%
Net Income Growth	-38.3%	-25.3%	-12.5%	-42.2%	36.5%	16.7%	5.3%
Margins
EBITDA Margin	4.7%	5.3%	6.0%	5.9%	7.6%	6.9%	6.6%
Operating Income Margin	4.1%	4.2%	4.0%	4.2%	5.8%	5.6%	4.7%
Net Income Margin	1.9%	2.2%	2.9%	3.1%	4.7%	3.8%	3.5%
Cash & Debt
Total Cash	1,456	1,578	1,447	1,874	2,936	5,494	2,229
Total Debt	4,076	4,053	3,982	3,978	3,938	3,991	3,980
Net Debt / (Cash)	2,620	2,475	2,535	2,104	1,002	-1,503	1,751
Cash Flows
Net Cash from Operations	2,064	2,098	1,470	1,824	3,252	4,927	2,565
Free Cash from Operations	1,352	1,392	675	894	2,515	4,214	1,822
Returns to Shareholders
Dividends	805	807	801	789	688	568	527
Share Repurchases	517	500	340	1,014	3,502	312	1,003

$ Mil \| FY: 2/1	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	8/2/2025	5/3/2025	2/1/2025	11/2/2024	8/3/2024	5/4/2024	2/3/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022
Filing Date	9/5/2025	6/6/2025	3/19/2025	12/6/2024	9/6/2024	6/7/2024	3/15/2024	12/1/2023	9/1/2023	6/2/2023	3/17/2023	12/6/2022
Key Financials Quarterly
Total Revenue	9,438	8,767	13,948	9,445	9,288	8,847	14,646	9,756	9,583	9,467	14,735	10,587
Ebitda	476	445	452	582	622	556	819	591	617	569	862	595
Operating Income	365	328	685	346	376	327	730	354	341	302	683	391
Net Income	186	202	117	273	291	246	460	263	274	244	495	277
EPS	0.88	0.95	0.55	1.27	1.35	1.14	2.13	1.21	1.25	1.11	2.24	1.23
Key Financials TTM
Total Revenue TTM	41,598	41,448	41,528	42,226	42,537	42,832	43,452	43,541	44,372	45,118	46,298	47,928
Ebitda TTM	1,955	2,101	2,212	2,579	2,588	2,583	2,596	2,639	2,643	2,629	2,741	2,910
Operating Income TTM	1,724	1,735	1,734	1,779	1,787	1,752	1,727	1,680	1,717	1,781	1,942	2,067
Net Income TTM	778	883	927	1,270	1,260	1,243	1,241	1,276	1,290	1,322	1,419	1,550
Growth Rates Quarterly
Total Revenue Growth	1.6%	-0.9%	-4.8%	-3.2%	-3.1%	-6.5%	-0.6%	-7.8%	-7.2%	-11.1%	-10.0%	-11.1%
EBITDA Growth	-23.5%	-20.0%	-44.8%	-1.5%	0.8%	-2.3%	-5.0%	-0.7%	2.3%	-16.4%	-16.4%	-32.8%
Operating Income Growth	-2.9%	0.3%	-6.2%	-2.3%	10.3%	8.3%	6.9%	-9.5%	-15.8%	-34.8%	-15.5%	-41.6%
Net Income Growth	-36.1%	-17.9%	-74.6%	3.8%	6.2%	0.8%	-7.1%	-5.1%	-10.5%	-28.4%	-20.9%	-44.5%
Margins Quarterly
EBITDA Margin	5.0%	5.1%	3.2%	6.2%	6.7%	6.3%	5.6%	6.1%	6.4%	6.0%	5.9%	5.6%
Operating Income Margin	3.9%	3.7%	4.9%	3.7%	4.0%	3.7%	5.0%	3.6%	3.6%	3.2%	4.6%	3.7%
Net Income Margin	2.0%	2.3%	0.8%	2.9%	3.1%	2.8%	3.1%	2.7%	2.9%	2.6%	3.4%	2.6%
Cash & Debt
Total Cash	1,456	1,147	1,578	643	1,387	1,214	1,447	636	1,093	1,030	1,874	932
Total Debt	4,076	4,051	4,053	4,065	4,096	3,984	3,982	4,029	4,029	3,923	3,978	4,012
Net Debt / (Cash)	2,620	2,904	2,475	3,422	2,709	2,770	2,535	3,393	2,936	2,893	2,104	3,080
Cash Flows Quarterly
FCF from Operations	749	34	1,537	-256	661	156	1,180	109	512	-331	1,932	601
Cash Flows TTM
FCF from Operations TTM	2,064	1,976	2,098	1,741	2,106	1,957	1,470	2,222	2,714	2,877	1,824	2,083
Returns to Shareholders Quarterly
Dividends	201	202	200	202	203	202	198	201	200	202	194	198
Share Repurchases	65	100	215	137	98	50	70	112	79	79	549	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	36.1%	37.0%	51.4%	28.1%	36.7%	31.5%	79.2%	28.6%	30.8%	28.6%	89.3%	34.5%
Return on Invested Capital (ROIC) TTM
ROIC TTM	43.0%	39.6%	44.2%	36.2%	44.8%	42.7%	45.5%	34.9%	40.6%	44.0%	62.4%	46.7%

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

Price Behavior

Price Behavior

Market Price	$74.06
Market Cap ($ Bil)	15.7
First Trading Date	04/19/1985
Distance from 52W High	-15.5%
	50 Days	200 Days
DMA Price	$77.97	$71.88
DMA Trend	indeterminate	up
Distance from DMA	-5.0%	3.0%
	3M	1YR
Volatility	36.0%	43.4%
Downside Capture	160.71	149.98
Upside Capture	107.16	116.46
Correlation (SPY)	57.2%	63.2%

BBY Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.12	1.80	1.69	1.72	1.39	1.16
Up Beta	0.49	2.05	2.49	2.63	1.38	1.12
Down Beta	0.76	1.95	1.76	1.78	1.46	1.12
Up Capture	110%	191%	161%	157%	142%	129%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	6	19	30	62	121	362
Down Capture	143%	150%	131%	129%	124%	106%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	13	22	32	63	127	386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of BBY With Other Asset Classes (Last 1Y)
	BBY	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-13.5%	-46.1%	14.6%	57.6%	4.7%	-5.6%	-3.5%
Annualized Volatility	43.2%	55.9%	19.6%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-0.21	-0.77	0.57	2.22	0.10	-0.47	0.03
Correlation With Other Assets		28.6%	63.2%	-3.1%	24.4%	47.7%	22.0%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of BBY With Other Asset Classes (Last 5Y)
	BBY	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-4.4%	-4.8%	15.1%	18.0%	11.7%	4.8%	40.5%
Annualized Volatility	36.8%	32.7%	17.1%	15.5%	18.8%	19.0%	49.0%
Sharpe Ratio	-0.03	-0.04	0.71	0.93	0.51	0.17	0.68
Correlation With Other Assets		39.8%	53.6%	3.9%	14.0%	44.2%	17.8%

Based On 10-Year Data

		Comparison of BBY With Other Asset Classes (Last 10Y)
	BBY	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.7%	5.0%	14.5%	14.2%	5.7%	5.3%	76.1%
Annualized Volatility	38.0%	27.1%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.43	0.24	0.69	0.79	0.25	0.23	0.94
Correlation With Other Assets		45.7%	54.2%	3.3%	20.3%	42.9%	12.7%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	12,564,308
Short Interest: % Change Since 10312025	-4.8%
Average Daily Volume	3,025,264
Days-to-Cover Short Interest	4.15
Basic Shares Quantity	211,500,000
Short % of Basic Shares	5.9%

Returns Analyses

	Title
0	Can Best Buy Stock Recover If Markets Fall?
1	BBY YTD Stock Return Of 6.1% Outperforms ODP by 21% and Underperforms WMT by -8.7%
2	Best Buy Stock Return Comparison
3	[10/6/2021] Best Buy (BBY) Stock Price Forecast: AI Forecasts BBY Stock Price To Be Around $108 In A Month (Up 1.9%)
4	Best Buy Total Shareholder Return (TSR): -7.1% in 2023 and 4.5% 3-yr returns (below peer average)

SEC Filings

Expand for More

Report 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 More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	SCHULZE RICHARD M		10282025	Sell	83.24	374,164	31,143,615	981,085,312	Form
1	SCHULZE RICHARD M		10222025	Sell	80.56	200,000	16,111,440	1,030,077,183	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Best Buy (BBY)

Market Price (12/5/2025): $74.075 | Market Cap: $15.7 BilSector: Consumer Discretionary | Industry: Computer & Electronics Retail

Best Buy (BBY)

Market Price (12/5/2025): $74.075Market Cap: $15.7 BilSector: Consumer DiscretionaryIndustry: Computer & Electronics Retail

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Market Price (12/5/2025): $74.075 | Market Cap: $15.7 Bil
Sector: Consumer Discretionary | Industry: Computer & Electronics Retail

Market Price (12/5/2025): $74.075
Market Cap: $15.7 Bil
Sector: Consumer Discretionary
Industry: Computer & Electronics Retail