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Company Overview
BEST BUY CO INC
Consumer DiscretionaryComputer & Electronics RetailBest Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consu...
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
Best Buy operates internationally in Canada, and formerly operated in China until February 2011 (when the faction was merged with Five Star) and in Mexico until December 2020 (due to the effects of the COVID-19 pandemic). The company also operated in Europe until 2012. Its subsidiaries include Geek Squad, Magnolia Audio Video, and Pacific Sales. Best Buy also operates the Best Buy Mobile and Insignia brands in North America, plus Five Star in China. Best Buy sells cellular phones from Verizon Wireless, AT&T Mobility, T-Mobile, Boost Mobile and Ting Mobile in the United States. In Canada, carriers include Bell Mobility, Rogers Wireless, Telus Mobility, their fighter brands, and competing smaller carriers, such as SaskTel.
Exchange: NYSE
Company Statistics
Profile
Market Cap$20.02B
EV$18.92B
Shares Out212.7M
Margins
Returns (5Yr Avg)
ROA8.7%
ROE44.9%
ROCE26.3%
ROIC97.7%
Valuation (TTM)
P/E15.7
P/B6.3
P/FCF11.3
EV/Gross Profit2.0
Financial Health
Cash$2.25B
Net Debt-$1.10B
Debt/Equity0.4
Growth (CAGR)
Rev 3Yr-3.4%
Rev 5Yr-2.5%
Rev 10Yr0.5%
Dil EPS 3Yr-7.1%
Dil EPS 5Yr-5.9%
Dil EPS 10Yr7%
FCF 5Yr-21.5%
Shares 5Yr-4.2%
Dividends
Yield4.1%
Payout64%
DPS$3.83
DPS Growth 3Yr-7.8%
DPS Growth 5Yr0.6%
DPS Growth 10Yr6.3%
Price History
No price history available
Financial Performance
Display:
Data reported in USD
Assets vs Liabilities
Data reported in USD
Free Cash Flow
Data reported in USD