BEST BUY CO INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 1/31/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 1,176 | 28.4 |
| Stockholders' equity | 2,964 | 71.6 |
| Total capitalization | 4,140 | 100.0 |
209,727,698 shares outstanding at 2 September 2026 (cover page of the 10-Q filed 4 September 2026).
LONG-TERM DEBT 1/31/26
| ($ millions) | Amount |
|---|---|
| Long-term debt, noncurrent | 1,165 |
| Current maturities | 11 |
CAPITAL STOCK 1/31/26
| Common shares authorized | 1,000,000,000 |
| Common shares issued | 209,100,000 |
| Par or stated value per share ($) | 0.1 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 9/2/26 | 209,727,698 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | 3.80 | 75.4 |
| 2025 | 3.76 | 87.9 |
| 2024 | 3.68 | 64.8 |
| 2023 | 3.52 | 56.0 |
| 2022 | 2.80 | 28.5 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Minnesota.
BUSINESS: Classified by the SEC under Standard Industrial Classification 5731, Retail-Radio, Tv & Consumer Electronics Stores. Large accelerated filer. Principal executive office: 7601 Penn Ave South, Richfield, MN 55423. Fiscal year ends January 30. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 1/31/26 | 2/1/25 | 2/3/24 |
|---|---|---|---|
| Revenues | 41,691 | 41,528 | 43,452 |
| Cost of revenues | 32,318 | 32,143 | 33,849 |
| Gross profit | 9,373 | 9,385 | 9,603 |
| Selling, general and administrative | 7,623 | 7,651 | 7,876 |
| Depreciation and amortization | 831 | 866 | 923 |
| Operating income | 1,389 | 1,262 | 1,574 |
| Interest expense | 47 | 51 | 52 |
| Income before income taxes | 1,404 | 1,295 | 1,621 |
| Income taxes | 337 | 372 | 381 |
| Net income | 1,069 | 927 | 1,241 |
| Earned per share, diluted ($) | 5.04 | 4.28 | 5.68 |
| Dividends per share ($) | 3.80 | 3.76 | 3.68 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 1/31/26 | 2/1/25 |
|---|---|---|
| Cash and equivalents | 1,738 | 1,578 |
| Receivables, net | 1,043 | 1,044 |
| Inventories | 5,230 | 5,085 |
| Total current assets | 8,504 | 8,224 |
| Property, plant and equipment, net | 1,986 | 2,122 |
| Goodwill | 790 | 908 |
| Total assets | 14,670 | 14,782 |
| Total current liabilities | 7,679 | 8,016 |
| Long-term debt | 1,165 | 1,144 |
| Stockholders' equity | 2,964 | 2,808 |
| Total liabilities and equity | 14,670 | 14,782 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1/31/26 | 41,691 | 1,389 | 1,069 | 2.6 | 5.04 | 3.80 | 1,962 | 704 | 1,258 | 14,670 | 11,706d | 1,176 | 2,964 | 36.1 | 0.40 |
| 2/1/25 | 41,528 | 1,262 | 927 | 2.2 | 4.28 | 3.76 | 2,098 | 706 | 1,392 | 14,782 | 11,974d | 1,154 | 2,808 | 33.0 | 0.41 |
| 2/3/24 | 43,452 | 1,574 | 1,241 | 2.9 | 5.68 | 3.68 | 1,470 | 795 | 675 | 14,967 | 11,914d | 1,165 | 3,053 | 40.6 | 0.38 |
| 1/28/23 | 46,298 | 1,795 | 1,419 | 3.1 | 6.29 | 3.52 | 1,824 | 930 | 894 | 15,803 | 13,008d | 1,176 | 2,795 | 50.8 | 0.42 |
| 1/29/22 | 51,761 | 3,039 | 2,454 | 4.7 | 9.84 | 2.80 | 3,252 | 737 | 2,515 | 17,504 | 14,484d | 1,229 | 3,020 | 81.3 | 0.41 |
| 1/30/21 | 47,262 | 2,391 | 1,798 | 3.8 | 6.84 | 2.20 | 4,927 | 713 | 4,214 | 19,067 | 14,480d | 1,377 | 4,587 | 39.2 | 0.30 |
| 2/1/20 | 43,638 | 2,009 | 1,541 | 3.5 | 5.75 | 2.00 | 2,565 | 743 | 1,822 | 15,591 | 12,112d | 1,271 | 3,479 | 44.3 | 0.37 |
| 2/2/19 | 42,879 | 1,900 | 1,464 | 3.4 | 5.20 | 1.80 | 2,408 | 819 | 1,589 | 12,901 | 9,595d | 1,388 | 3,306 | 44.3 | 0.42 |
| 2/3/18 | 42,151 | 1,843 | 1,000 | 2.4 | 3.26 | 1.36 | 2,141 | 688 | 1,453 | 13,049 | 9,437d | 1,355 | 3,612 | 27.7 | 0.38 |
| 1/28/17 | 39,403 | 1,854 | 1,228 | 3.1 | 3.81 | 1.57 | 2,557 | 580 | 1,977 | 13,856 | 9,147d | 1,163 | 4,709 | 26.1 | 0.25 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
BEST BUY CO INC
CIK 764478 · EIN 41-0907483
PRINCIPAL OFFICE:
7601 Penn Ave South, Richfield, MN 55423
Tel.: 6122911000
INCORPORATED:
Minnesota
INDUSTRY (SEC SIC CODE):
5731 · Retail-Radio, Tv & Consumer Electronics Stores
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 1/31/26, filed 18 March 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 3/18/26) · 10-K FY2025 (filed 3/19/25) · 10-K FY2024 (filed 3/15/24) · 10-K FY2023 (filed 3/17/23) · 10-K FY2022 (filed 3/18/22) · 10-K FY2020 (filed 3/19/21) · 10-K FY2020 (filed 3/23/20) · 10-K FY2019 (filed 3/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.