Best Financial Statements From 2010 to 2024

BBY Stock  USD 77.13  0.89  1.14%   
Best Buy financial statements provide useful quarterly and yearly information to potential Best Buy Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Best Buy financial statements helps investors assess Best Buy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Best Buy's valuation are summarized below:
Gross Profit
9.9 B
Profit Margin
0.0286
Market Capitalization
16.8 B
Enterprise Value Revenue
0.4451
Revenue
43.5 B
We have found ninety available fundamental signals for Best Buy Co, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Best Buy Co prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best main balance sheet or income statement drivers, such as Depreciation And Amortization of 480.8 M, Interest Expense of 60.3 M or Selling General Administrative of 5 B, as well as many exotic indicators such as Short Term Coverage Ratios of 47.2, Price Earnings Ratio of 26.01 or Price To Sales Ratio of 0.17. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
This module can also supplement Best Buy's financial leverage analysis and stock options assessment as well as various Best Buy Technical models . Check out the analysis of Best Buy Correlation against competitors.

Best Buy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.7 B15 B13.9 B
Slightly volatile
Short and Long Term Debt Total4.2 BB2.5 B
Slightly volatile
Other Current Liabilities881.9 M1.4 B1.5 B
Pretty Stable
Total Current Liabilities5.2 B7.9 B7.7 B
Pretty Stable
Total Stockholder Equity2.9 B3.1 B3.4 B
Very volatile
Property Plant And Equipment Net5.3 BB3.4 B
Slightly volatile
Retained Earnings2.5 B2.7 B3.1 B
Very volatile
Cash1.3 B1.4 BB
Pretty Stable
Non Current Assets Total7.4 B7.1 B4.9 B
Slightly volatile
Non Currrent Assets Other344.8 M669 M512.6 M
Pretty Stable
Cash And Short Term Investments1.7 B1.4 B2.5 B
Pretty Stable
Net Receivables782.2 M939 M1.2 B
Slightly volatile
Common Stock Shares Outstanding386 M218.5 M295.5 M
Pretty Stable
Liabilities And Stockholders Equity9.6 B15 B13.8 B
Slightly volatile
Non Current Liabilities Total4.2 BB2.9 B
Slightly volatile
Inventory3.3 BB4.9 B
Pretty Stable
Other Current Assets422.9 M553 M547.1 M
Pretty Stable
Total Liabilities6.7 B11.9 B10.4 B
Slightly volatile
Total Current Assets6.3 B7.9 B9.2 B
Very volatile
Short Term Debt662.5 M631 M422.9 M
Slightly volatile
Accounts Payable3.6 B4.6 BB
Pretty Stable
Common Stock30.4 M25.3 M27.4 M
Very volatile
Current Deferred Revenue926.9 M1.3 B845.9 M
Slightly volatile
Good Will1.1 B1.6 B845.5 M
Slightly volatile
Intangible Assets228.2 M170.1 M211.1 M
Very volatile
Other Assets297.1 M468 M473.1 M
Slightly volatile
Long Term Debt932.3 MB1.2 B
Slightly volatile
Long Term Debt Total1.3 B1.3 B1.3 B
Pretty Stable
Cash And Equivalents2.8 B2.2 B2.4 B
Pretty Stable
Property Plant Equipment4.3 B5.9 B3.4 B
Slightly volatile
Other Liabilities534.1 M634.5 M699.9 M
Slightly volatile
Net Tangible Assets2.7 B4.1 B2.4 B
Slightly volatile
Net Invested CapitalB1.1 BB
Slightly volatile
Short and Long Term Debt13.7 M14.4 M45.7 M
Slightly volatile
Capital Stock19.8 M19.8 M25.3 M
Slightly volatile
Non Current Liabilities Other534.2 M634.5 M700.5 M
Slightly volatile
Capital Lease Obligations3.1 B3.2 B2.8 B
Slightly volatile
Property Plant And Equipment GrossBB5.4 B
Slightly volatile
Common Stock Total Equity17.6 M19.8 M21.6 M
Slightly volatile
Retained Earnings Total Equity1.9 B2.2 B2.4 B
Slightly volatile

Best Buy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization480.8 M923 M744.2 M
Slightly volatile
Interest Expense60.3 M52 M68.3 M
Slightly volatile
Selling General AdministrativeB8.2 B7.3 B
Very volatile
Total Revenue28 B43.5 B40.2 B
Slightly volatile
Gross Profit6.5 B9.5 B9.2 B
Pretty Stable
Other Operating Expenses26.8 B41.7 B38.5 B
Pretty Stable
EBITDA1.6 B2.6 B2.3 B
Slightly volatile
Cost Of Revenue21.5 B33.9 B31 B
Slightly volatile
Total Operating Expenses5.3 B7.8 B7.6 B
Very volatile
Income Tax Expense369.1 M381 M437.5 M
Pretty Stable
Selling And Marketing ExpensesB993.6 M377.6 M
Slightly volatile
Tax Provision404.9 M333 M529 M
Slightly volatile
Interest IncomeM6.3 M24.6 M
Slightly volatile
Net Income Applicable To Common Shares1.7 B1.6 B1.4 B
Slightly volatile
Net Income From Continuing Ops1.9 B1.6 B1.6 B
Slightly volatile
Reconciled Depreciation925.8 M1.1 B823.3 M
Slightly volatile
Non Recurring117.6 M132.3 M144.1 M
Slightly volatile
Non Operating Income Net Other23.2 M26.1 M28.4 M
Slightly volatile

Best Buy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow967.5 M675 M1.5 B
Pretty Stable
Begin Period Cash Flow1.4 B2.3 B2.1 B
Slightly volatile
Depreciation522.5 M923 M720.1 M
Slightly volatile
Capital Expenditures575 M795 M654.6 M
Slightly volatile
Total Cash From Operating Activities1.5 B1.5 B2.1 B
Slightly volatile
End Period Cash Flow1.5 B1.4 B2.1 B
Slightly volatile
Stock Based Compensation87.2 M145 M110.5 M
Slightly volatile
Dividends Paid403.8 M801 M450.2 M
Slightly volatile
Issuance Of Capital Stock25.4 M14.4 M33.5 M
Slightly volatile
Change To Netincome278.3 M400.2 M211.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios47.22.329611.7728
Pretty Stable
Price Earnings Ratio26.0113.326615.2184
Pretty Stable
Price To Sales Ratio0.170.38060.3713
Pretty Stable
Dividend Yield0.02040.04840.0313
Slightly volatile
Operating Cycle11661.254569.3809
Pretty Stable
Price Book Value Ratio1.255.41714.7783
Pretty Stable
Days Of Payables Outstanding58.6749.911755.4423
Slightly volatile
Operating Cash Flow Per Share5.546.72776.8429
Slightly volatile
Dividend Payout Ratio0.20.64540.4393
Pretty Stable
Price To Operating Cash Flows Ratio6.3611.25058.9278
Slightly volatile
Free Cash Flow Per Share3.933.08924.2307
Pretty Stable
Price To Free Cash Flows Ratio8.9524.501116.0412
Slightly volatile
Pretax Profit Margin0.01090.03730.0358
Very volatile
Inventory Turnover3.356.83956.267
Pretty Stable
Ebt Per Ebit0.530.93860.9369
Slightly volatile
Payables Turnover6.227.31296.6092
Slightly volatile
Operating Profit Margin0.02050.03970.0375
Pretty Stable
Effective Tax Rate0.420.2350.2788
Slightly volatile
Company Equity Multiplier2.414.90244.3737
Very volatile
Long Term Debt To Capitalization0.420.2740.3854
Pretty Stable
Cash Per Share0.00296.62247.5277
Slightly volatile
Total Debt To Capitalization0.440.36870.4311
Pretty Stable
Interest Coverage2.1433.211524.5955
Slightly volatile
Return On Capital Employed0.08910.24470.2241
Pretty Stable
Payout Ratio0.20.64540.4393
Pretty Stable
Debt Equity Ratio0.770.5840.8066
Very volatile
Ebit Per Revenue0.02050.03970.0375
Pretty Stable
Quick Ratio0.220.30170.4198
Slightly volatile
Net Income Per E B T0.580.76560.6828
Slightly volatile
Cash Ratio0.01530.1830.2565
Slightly volatile
Cash Conversion Cycle11611.342817.8501
Slightly volatile
Operating Cash Flow Sales Ratio0.0480.03380.0426
Pretty Stable
Days Of Inventory Outstanding10953.366959.9769
Pretty Stable
Days Of Sales Outstanding6.827.88779.404
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.710.45920.5873
Very volatile
Cash Flow Coverage Ratios1.190.82450.7276
Slightly volatile
Price To Book Ratio1.255.41714.7783
Pretty Stable
Current Ratio2.830.99851.2708
Pretty Stable
Fixed Asset Turnover15.798.659211.1804
Slightly volatile
Price Cash Flow Ratio6.3611.25058.9278
Slightly volatile
Enterprise Value Multiple8.377.19756.8383
Slightly volatile
Debt Ratio0.320.11910.189
Pretty Stable
Cash Flow To Debt Ratio1.190.82450.7276
Slightly volatile
Price Sales Ratio0.170.38060.3713
Pretty Stable
Return On Assets0.020.08290.0731
Pretty Stable
Receivables Turnover53.5446.274839.747
Slightly volatile
Asset Turnover3.132.90322.9094
Pretty Stable
Net Profit Margin0.00640.02860.0255
Pretty Stable
Gross Profit Margin0.250.21960.2282
Very volatile
Price Fair Value1.255.41714.7783
Pretty Stable
Return On Equity0.04810.40650.331
Slightly volatile

Best Fundamental Market Drivers

Forward Price Earnings12.8866
Cash And Short Term Investments1.4 B

Best Upcoming Events

7th of March 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
7th of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

About Best Buy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Best Buy income statement, its balance sheet, and the statement of cash flows. Best Buy investors use historical funamental indicators, such as Best Buy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Best Buy investors may use each financial statement separately, they are all related. The changes in Best Buy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Best Buy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Best Buy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.3 B926.9 M
Total Revenue43.5 B28 B
Cost Of Revenue33.9 B21.5 B
Ebit Per Revenue 0.04  0.02 

Best Buy Investors Sentiment

The influence of Best Buy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Best. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Best Buy's public news can be used to forecast risks associated with an investment in Best. The trend in average sentiment can be used to explain how an investor holding Best can time the market purely based on public headlines and social activities around Best Buy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Best Buy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Best Buy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Best Buy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Best Buy.

Best Buy Implied Volatility

    
  34.67  
Best Buy's implied volatility exposes the market's sentiment of Best Buy Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Best Buy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Best Buy stock will not fluctuate a lot when Best Buy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Best Buy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Best Buy's short interest history, or implied volatility extrapolated from Best Buy options trading.

Pair Trading with Best Buy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Best Buy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Best Buy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Best Stock

  0.63W Wayfair Financial Report 2nd of May 2024 PairCorr
  0.66AN AutoNation Financial Report 18th of April 2024 PairCorr
The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Best Buy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Best Buy Co to buy it.
The correlation of Best Buy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Best Buy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
Check out the analysis of Best Buy Correlation against competitors.
Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Best Stock analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
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Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
3.68
Earnings Share
5.68
Revenue Per Share
199.596
Quarterly Revenue Growth
(0.01)
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.