15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 2.5% per year over the past 5 years.
Net income has grown slower than revenue (-9.9% vs -2.5% per year).
Operating margin has contracted, at 3.3% in the latest year.
Free cash flow has declined 21.5% per year over the past 5 years.
Financial health
Total debt has grown in line with revenue (-1.9% vs -2.5% per year).
Operating income covered interest expense 30× in the latest year, down from 46× 5 years ago.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 74.9% of earnings and 63.7% of free cash flow.
The dividend has grown 7.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$41.7B
$1.1B
22.5%
3.3%
$1.3B
—
$1.7B
2025
$41.5B
$927M
22.6%
3.0%
$1.4B
$1.2B
$1.6B
2024
$43.5B
$1.2B
22.1%
3.6%
$675M
$1.2B
$1.4B
2023
$46.3B
$1.4B
21.4%
3.9%
$894M
$1.2B
$1.9B
2022
$51.8B
$2.5B
22.5%
5.9%
$2.5B
$1.2B
$2.9B
2021
$47.3B
$1.8B
22.4%
5.1%
$4.2B
$1.4B
$5.5B
2020
$43.6B
$1.5B
23.0%
4.6%
$1.8B
$1.3B
$2.2B
2019
$42.9B
$1.5B
23.2%
4.4%
$1.6B
$1.4B
$2.0B
2018
$42.2B
$1.0B
23.4%
4.4%
$1.5B
—
$1.1B
2017
$39.4B
$1.2B
24.0%
4.7%
$2.0B
$1.2B
$2.2B
2016
—
$897M
—
—
$694M
$1.5B
$2.0B
2015
—
$1.2B
—
—
$1.4B
$1.5B
$2.4B
2014
—
$532M
—
—
$547M
$1.7B
$2.7B
2013
—
-$441M
—
—
$749M
$2.3B
$1.8B
2012
—
-$1.2B
—
—
$2.5B
$2.2B
$1.2B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
May '26
$8.9B
$276M
23.5%
4.1%
$215M
—
$1.7B
Jan '26
$13.8B
$541M
20.9%
5.2%
$1.1B
—
$1.7B
Nov '25
$9.7B
$140M
23.2%
2.0%
-$287M
$1.2B
$923M
Aug '25
$9.4B
$186M
23.2%
2.7%
$574M
$1.2B
$1.5B
May '25
$8.8B
$202M
23.4%
2.5%
-$132M
$1.2B
$1.1B
Feb '25
$13.9B
$117M
20.9%
1.6%
$1.4B
$1.2B
$1.6B
Nov '24
$9.4B
$273M
23.5%
3.7%
-$449M
$1.2B
$643M
Aug '24
$9.3B
$291M
23.5%
4.1%
$478M
$1.2B
$1.4B
May '24
$8.8B
$246M
23.3%
3.5%
$4M
$1.1B
$1.2B
Feb '24
$14.6B
$460M
20.5%
3.8%
$997M
$1.2B
$1.4B
Oct '23
$9.8B
$263M
22.9%
3.6%
-$108M
$1.1B
$636M
Jul '23
$9.6B
$274M
23.2%
3.6%
$321M
$1.2B
$1.1B
Apr '23
$9.5B
$244M
22.7%
3.3%
-$535M
$1.2B
$1.0B
Jan '23
$14.7B
$495M
20.0%
4.1%
$1.7B
$1.2B
$1.9B
Oct '22
$10.6B
$277M
22.0%
3.4%
$346M
$1.2B
$932M
Jul '22
$10.3B
$306M
22.1%
3.6%
$449M
$1.2B
$840M
Apr '22
$10.6B
$341M
22.1%
4.3%
-$1.6B
$1.2B
$640M
Jan '22
$16.4B
$626M
20.2%
4.9%
$2.0B
$1.2B
$2.9B
Oct '21
$11.9B
$499M
23.5%
5.6%
-$28M
$1.2B
$3.5B
Jul '21
$11.8B
$734M
23.7%
6.7%
$597M
$1.4B
$4.3B
Valuation over time
How the market has priced BBY against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 11.6× (Mar '23) to 15.2× (Jun '26).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 0.4× (Jun '26).
The dividend yield has risen from 4.8% (Mar '23) to 4.9% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BBY growing its revenue and profit?
Over the past 5 years, Best Buy's revenue has declined 2.5% per year, and net income declined 9.9% per year. These are computed facts, not advice.
How much debt does BBY have?
As of FY2026, Best Buy reported — of total debt against $1.7B of cash; operating income covered interest expense 30×.
What is BBY's profit margin?
In FY2026, gross margin was 22.5%, operating margin 3.3%, and net margin 2.6%.
What is BBY's P/E ratio?
As of Jun '26, Best Buy traded at a price-to-earnings ratio of about 15.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.