Best Buy Co. Inc. (BBY) Financial Statements (2025 and earlier)

Company Profile

Business Address 7601 PENN AVE SOUTH
RICHFIELD, MN 55423
State of Incorp. MN
Fiscal Year End January 31
Industry (SIC) 5731 - Radio, Television, and Consumer Electronics Stores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

1/31/2025
Q4
10/31/2024
Q3
7/31/2024
Q2
4/30/2024
Q1
1/31/2024
Q4
10/31/2023
Q3
7/31/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6431,3871,2141,4476361,093
Cash and cash equivalent6431,3871,2141,4476361,093
Receivables932871770939901856
Inventory, net of allowances, customer advances and progress billings7,8065,7065,2254,9587,5625,651
Inventory7,8065,7065,2254,9587,5625,651
Other current assets574598544553766704
Total current assets:9,9558,5627,7537,8979,8658,304
Noncurrent Assets
Operating lease, right-of-use asset2,8422,8602,7712,7582,8272,813
Property, plant and equipment2,1962,1832,1962,2602,3132,305
Intangible assets, net (including goodwill)1,3831,3831,3831,3831,3831,383
Goodwill1,3831,3831,3831,3831,3831,383
Other noncurrent assets642636649669494513
Total noncurrent assets:7,0637,0626,9997,0707,0177,014
TOTAL ASSETS:17,01815,62414,75214,96716,88215,318
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,8356,2985,4765,5397,8936,180
Accounts payable7,1455,5424,6644,6377,1335,471
Accrued liabilities690756812902760709
Debt121315261515
Self insurance reserve   111  
Other undisclosed current liabilities2,1012,1402,1582,2332,1022,238
Total current liabilities:9,9488,4517,6497,90910,0108,433
Noncurrent Liabilities
Long-term debt and lease obligation1,1441,1571,1341,1521,1301,145
Long-term debt, excluding current maturities1,1441,1571,1341,1521,1301,145
Liabilities, other than long-term debt2,8442,9092,8872,8532,9302,905
Other liabilities551593665654660651
Operating lease, liability2,2932,3162,2222,1992,2702,254
Total noncurrent liabilities:3,9884,0664,0214,0054,0604,050
Total liabilities:13,93612,51711,67011,91414,07012,483
Equity
Equity, attributable to parent3,0823,1073,0823,0532,8122,835
Common stock222222222222
Additional paid in capital   2631  
Accumulated other comprehensive income309310312317308322
Retained earnings2,7512,7752,7222,6832,4822,491
Total equity:3,0823,1073,0823,0532,8122,835
TOTAL LIABILITIES AND EQUITY:17,01815,62414,75214,96716,88215,318

Income Statement (P&L) ($ in millions)

1/31/2025
Q4
10/31/2024
Q3
7/31/2024
Q2
4/30/2024
Q1
1/31/2024
Q4
10/31/2023
Q3
7/31/2023
Q2
Revenues9,4459,2888,84711,8899,7569,583
Cost of revenue
(Cost of Product and Service Sold)
(7,228)(7,102)(6,783)(9,258)(7,524)(7,363)
Gross profit:2,2172,1862,0642,6312,2322,220
Operating expenses(1,867)(1,803)(1,752)(2,255)(1,878)(1,872)
Other undisclosed operating loss      
Operating income:350383312376354348
Nonoperating income
(Investment Income, Nonoperating)
19212576812
Interest and debt expense   (12)(29)(14)(12)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(13)(13) 21 21
Income from continuing operations before equity method investments, income taxes:356391325444348369
Income from equity method investments211211
Income from continuing operations before income taxes:358392326446349370
Income tax expense(85)(101)(80)(129)(86)(96)
Net income available to common stockholders, diluted:273291246317263274

Comprehensive Income ($ in millions)

1/31/2025
Q4
10/31/2024
Q3
7/31/2024
Q2
4/30/2024
Q1
1/31/2024
Q4
10/31/2023
Q3
7/31/2023
Q2
Net income:273291246317263274
Comprehensive income:273291246317263274
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)(2)(5)11(14)5
Comprehensive income, net of tax, attributable to parent:272289241328249279

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: