Best Buy Co., Inc. (BBY) Financial Ratios
30 years of historical data (1997–2026) · Consumer Cyclical · Specialty Retail
EV/EBITDA
↑
6.62
↓-12% vs avg
5yr avg: 7.50
30Y Low2.6·High21.0
P/FCF
↑
9.77
↓-39% vs avg
5yr avg: 16.00
30Y Low3.5·High56.7
P/B Ratio
↓
3.56
↓-43% vs avg
5yr avg: 6.19
30Y Low0.7·High9.3
ROE
↓
33.9%
↑-23% vs avg
5yr avg: 44.3%
30Y Low-21%·High65%
Debt/EBITDA
↑
1.86
↑+24% vs avg
5yr avg: 1.50
30Y Low0.0·High3.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BBY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Best Buy Co., Inc. trades at 11.6x earnings, 17% below its 5-year average of 14.0x, sitting at the 22nd percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.4x, the stock trades at a discount of 40%. On a free-cash-flow basis, the stock trades at 9.8x P/FCF, 39% below the 5-year average of 16.0x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.3B | $13.8B | $18.6B | $16.5B | $19.2B | $24.3B | $28.6B | $22.7B | $16.5B | $21.9B | $14.0B |
| Enterprise Value | $14.7B | $16.2B | $21.1B | $19.1B | $21.3B | $25.3B | $27.1B | $24.5B | $15.9B | $22.1B | $13.1B |
| P/E Ratio → | 11.62 | 12.92 | 20.06 | 13.33 | 13.54 | 9.92 | 15.91 | 14.73 | 11.24 | 21.85 | 11.41 |
| P/S Ratio | 0.29 | 0.33 | 0.45 | 0.38 | 0.42 | 0.47 | 0.61 | 0.52 | 0.38 | 0.52 | 0.36 |
| P/B Ratio | 3.56 | 3.95 | 6.62 | 5.42 | 6.88 | 8.06 | 6.24 | 6.53 | 4.98 | 6.06 | 2.98 |
| P/FCF | 9.77 | 10.98 | 13.36 | 24.50 | 21.50 | 9.68 | 6.79 | 12.46 | 10.35 | 15.06 | 7.14 |
| P/OCF | 6.27 | 7.04 | 8.86 | 11.25 | 10.54 | 7.49 | 5.81 | 8.85 | 6.83 | 10.22 | 5.51 |
P/E links to full P/E history page with 30-year chart
BBY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Best Buy Co., Inc.'s enterprise value stands at 6.6x EBITDA, 12% below its 5-year average of 7.5x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 42% discount on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.39 | 0.51 | 0.44 | 0.46 | 0.49 | 0.57 | 0.56 | 0.37 | 0.53 | 0.33 |
| EV / EBITDA | 6.62 | 7.30 | 8.15 | 7.64 | 7.86 | 6.56 | 8.40 | 8.67 | 5.94 | 8.76 | 5.24 |
| EV / EBIT | 10.57 | 11.17 | 15.66 | 11.40 | 11.70 | 8.31 | 11.16 | 11.90 | 8.09 | 11.70 | 6.96 |
| EV / FCF | — | 12.88 | 15.14 | 28.26 | 23.86 | 10.08 | 6.43 | 13.43 | 9.98 | 15.23 | 6.70 |
BBY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Best Buy Co., Inc. earns an operating margin of 3.3%, roughly in line with the Consumer Cyclical sector average. Return on equity of 33.9% is exceptionally high — well above the sector median of 5.7%. ROIC of 18.7% represents solid returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.5% | 22.5% | 22.6% | 22.1% | 21.4% | 22.5% | 22.4% | 23.0% | 23.2% | 23.4% | 24.0% |
| Operating Margin | 3.3% | 3.3% | 4.1% | 3.6% | 3.9% | 5.8% | 5.1% | 4.6% | 4.4% | 4.4% | 4.7% |
| Net Profit Margin | 2.6% | 2.6% | 2.2% | 2.9% | 3.1% | 4.7% | 3.8% | 3.5% | 3.4% | 2.4% | 3.1% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 33.9% | 33.9% | 31.6% | 42.4% | 48.8% | 64.5% | 44.6% | 45.4% | 42.3% | 24.0% | 27.0% |
| ROA | 7.3% | 7.3% | 6.2% | 8.1% | 8.5% | 13.4% | 10.4% | 10.8% | 11.3% | 7.4% | 9.0% |
| ROIC | 18.7% | 18.7% | 23.7% | 22.5% | 30.2% | 63.3% | 43.1% | 37.9% | 43.3% | 35.9% | 34.9% |
| ROCE | 20.2% | 20.2% | 24.9% | 22.7% | 26.3% | 39.0% | 29.7% | 31.1% | 35.8% | 30.8% | 27.8% |
BBY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Best Buy Co., Inc. carries a Debt/EBITDA ratio of 1.9x, which is manageable (58% below the sector average of 4.4x). Net debt stands at $2.4B ($4.1B total debt minus $1.7B cash). Interest coverage of 29.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.18 | 1.18 | 1.44 | 1.30 | 1.42 | 1.30 | 0.87 | 1.15 | 0.42 | 0.38 | 0.29 |
| Debt / EBITDA | 1.86 | 1.86 | 1.57 | 1.59 | 1.47 | 1.02 | 1.24 | 1.42 | 0.52 | 0.54 | 0.54 |
| Net Debt / Equity | — | 0.69 | 0.88 | 0.83 | 0.75 | 0.33 | -0.33 | 0.51 | -0.18 | 0.07 | -0.19 |
| Net Debt / EBITDA | 1.08 | 1.08 | 0.96 | 1.02 | 0.78 | 0.26 | -0.47 | 0.63 | -0.22 | 0.10 | -0.35 |
| Debt / FCF | — | 1.90 | 1.78 | 3.76 | 2.35 | 0.40 | -0.36 | 0.97 | -0.37 | 0.17 | -0.45 |
| Interest Coverage | 29.55 | 29.55 | 33.75 | 30.27 | 51.29 | 119.88 | 45.98 | 31.39 | 26.03 | 24.57 | 25.75 |
BBY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.11x means Best Buy Co., Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.43x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.00x to 1.11x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.11 | 1.11 | 1.03 | 1.00 | 0.98 | 0.99 | 1.19 | 1.10 | 1.18 | 1.26 | 1.48 |
| Quick Ratio | 0.43 | 0.43 | 0.39 | 0.37 | 0.41 | 0.43 | 0.66 | 0.46 | 0.46 | 0.59 | 0.79 |
| Cash Ratio | 0.23 | 0.23 | 0.20 | 0.18 | 0.21 | 0.28 | 0.52 | 0.28 | 0.26 | 0.40 | 0.55 |
| Asset Turnover | — | 2.84 | 2.81 | 2.90 | 2.93 | 2.96 | 2.48 | 2.80 | 3.32 | 3.23 | 2.84 |
| Inventory Turnover | 6.18 | 6.18 | 6.32 | 6.83 | 7.08 | 6.73 | 6.54 | 6.49 | 6.09 | 6.20 | 6.16 |
| Days Sales Outstanding | — | 9.13 | 9.18 | 7.89 | 9.00 | 7.35 | 8.19 | 9.61 | 8.64 | 9.08 | 12.48 |
BBY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Best Buy Co., Inc. returns 8.7% to shareholders annually — split between a 6.5% dividend yield and 2.2% buyback yield. The payout ratio of 74.9% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 8.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.5% | 5.8% | 4.3% | 4.8% | 4.1% | 2.8% | 2.0% | 2.3% | 3.0% | 1.9% | 3.6% |
| Payout Ratio | 74.9% | 74.9% | 87.1% | 64.5% | 55.6% | 28.0% | 31.6% | 34.2% | 33.9% | 40.9% | 41.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.6% | 7.7% | 5.0% | 7.5% | 7.4% | 10.1% | 6.3% | 6.8% | 8.9% | 4.6% | 8.8% |
| FCF Yield | 10.2% | 9.1% | 7.5% | 4.1% | 4.7% | 10.3% | 14.7% | 8.0% | 9.7% | 6.6% | 14.0% |
| Buyback Yield | 2.2% | 2.0% | 2.7% | 2.1% | 5.3% | 14.4% | 1.1% | 4.4% | 9.1% | 9.2% | 5.0% |
| Total Shareholder Yield | 8.7% | 7.8% | 7.0% | 6.9% | 9.4% | 17.2% | 3.1% | 6.7% | 12.2% | 11.0% | 8.6% |
| Shares Outstanding | — | $212M | $217M | $219M | $226M | $249M | $263M | $268M | $281M | $307M | $323M |
Peer Comparison
Compare BBY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BBYYou | $12B | 11.6 | 6.6 | 9.8 | 22.5% | 3.3% | 33.9% | 18.7% | 1.9 |
 WMT | $1.0T | 47.7 | 24.8 | 25.0 | 24.9% | 4.2% | 22.2% | 14.7% | 1.5 |
 TGT | $57B | 15.5 | 7.3 | 20.2 | 27.9% | 4.9% | 24.0% | 16.7% | 0.7 |
 COST | $449B | 55.6 | 34.6 | 57.2 | 12.8% | 3.8% | 30.7% | 34.5% | 0.6 |
 BJ | $14B | 21.5 | 14.7 | 42.7 | 18.6% | 3.9% | 28.6% | 13.5% | 2.3 |
 DG | $26B | 17.0 | 12.4 | 10.7 | 30.7% | 5.2% | 19.0% | 7.0% | 4.8 |
 DLTR | $19B | 16.3 | 10.3 | 18.2 | 36.4% | 8.2% | 33.2% | 13.2% | 2.1 |
 AMZN | $2.9T | 37.8 | 20.5 | 379.0 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 GME | $11B | 31.1 | 37.8 | — | 33.0% | 6.4% | 8.1% | 8.5% | 18.8 |
 HGV | $4B | 54.6 | 12.9 | 17.2 | 56.7% | 11.1% | 4.9% | 5.0% | 8.8 |
 AAPL | $4.2T | 38.5 | 29.7 | 42.7 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
| Consumer Cyclical Median | — | 19.4 | 11.4 | 15.3 | 36.8% | 2.9% | 5.7% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Full BBY Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See BBY's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs BBY Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare BBY vs WMT
Side-by-side business, growth, and profitability comparison vs Walmart Inc..
Start ComparisonBBY — Frequently Asked Questions
Quick answers to the most common questions about buying BBY stock.
What is Best Buy Co., Inc.'s P/E ratio?
Best Buy Co., Inc.'s current P/E ratio is 11.6x. The historical average is 20.5x. This places it at the 22th percentile of its historical range.
What is Best Buy Co., Inc.'s EV/EBITDA?
Best Buy Co., Inc.'s current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.9x.
What is Best Buy Co., Inc.'s ROE?
Best Buy Co., Inc.'s return on equity (ROE) is 33.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 24.9%.
Is BBY stock overvalued?
Based on historical data, Best Buy Co., Inc. is trading at a P/E of 11.6x. This is at the 22th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Best Buy Co., Inc.'s dividend yield?
Best Buy Co., Inc.'s current dividend yield is 6.45% with a payout ratio of 74.9%.
What are Best Buy Co., Inc.'s profit margins?
Best Buy Co., Inc. has 22.5% gross margin and 3.3% operating margin.
How much debt does Best Buy Co., Inc. have?
Best Buy Co., Inc.'s Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.