Company Growth (employees)
Best Buy was founded in 1966 and is headquartered in Richfield, US
Key People at Best Buy
Hubert Joly
Chairman and Chief Executive Officer
Corie Barry
Chief Financial Officer
Mary Lou Kelley
President
Trish Walker
President
Greg Revelle
Chief Marketing Officer
Keith Nelsen
General Counsel
Mike Mohan
Senior Executive Vice President and Chief Merchandising Officer
Asheesh Saksena
Chief Strategic Growth Officer
Matt Furman
Chief Communications and Public Affairs Officer
Shari Ballard
Senior Executive Vice President and President
Paula Baker
Chief Human Resources Officer
Best Buy Office Locations
Best Buy has offices in Richfield, Salem, Madison, Norwalk and in 232 other locations
Richfield, US (HQ)
7601 Penn Ave S
Best Buy Data and Metrics
Best Buy Financial Metrics
Best Buy's revenue was reported to be $39.4 b in FY, 2017
USD
Revenue (FY, 2017) | 39.4 b |
Revenue growth (FY, 2016 - FY, 2017), % | (0%) |
Gross profit (FY, 2017) | 9.4 b |
Gross profit margin (FY, 2017), % | 24% |
EBIT (FY, 2017) | 1.9 b |
Market capitalization (21-Jul-2017) | 17.1 b |
Cash (29-Apr-2017) | 1.7 b |
Best Buy's current market capitalization is $17.1 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|
Revenue | 39.8 b | 38.3 b | 39.5 b | 39.4 b | |
Revenue growth, % | (4%) | 3% | (0%) | ||
Cost of goods sold | 29.2 b | 30.5 b | 29.2 b | 30.3 b | 30 b |
Gross profit | 9.3 b | 9 b | 9.2 b | 9.4 b | |
Gross profit Margin, % | 23% | 24% | 23% | 24% | |
General and administrative expense | 7.5 b | ||||
Operating expense total | 7.5 b | ||||
EBIT | (119 m) | 90 m | 1.4 b | 1.9 b | |
EBIT margin, % | (0%) | 0% | 3% | 5% | |
Interest expense | 99 m | 99 m | 99 m | 80 m | 72 m |
Income tax expense | 263 m | 269 m | 263 m | 503 m | 609 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 8.9 b | 9.4 b | 8.6 b | 8.5 b | 8.8 b | 8.4 b | 8.5 b | 8.9 b | 8.5 b |
Cost of goods sold | 6.8 b | 7.3 b | 6.5 b | 6.4 b | 6.7 b | 6.3 b | 6.5 b | 6.7 b | 6.5 b |
Gross profit | 2.1 b | 2.1 b | 2 b | 2.1 b | 2.1 b | 2.1 b | 2.1 b | 2.2 b | 2 b |
Gross profit Margin, % | 23% | 23% | 24% | 25% | 24% | 25% | 24% | 25% | 24% |
General and administrative expense | 1.8 b | 1.9 b | 1.8 b | 1.8 b | 1.9 b | 1.7 b | 1.8 b | 1.9 b | 1.7 b |
Operating expense total | 1.8 b | 1.9 b | 1.8 b | 1.8 b | 1.9 b | 1.7 b | 1.8 b | 1.9 b | 1.7 b |
EBIT | 238 m | 190 m | 86 m | 288 m | 230 m | 372 m | 289 m | 312 m | 300 m |
EBIT margin, % | 3% | 2% | 1% | 3% | 3% | 4% | 3% | 3% | 4% |
Interest expense | (23 m) | (22 m) | (20 m) | (20 m) | (20 m) | (20 m) | (18 m) | (16 m) | (19 m) |
Income tax expense | 79 m | 69 m | 38 m | 108 m | 84 m | 134 m | 97 m | 112 m | 104 m |
Net Income | 229 m | 198 m | 194 m | 188 m |
| USD | Y, 2011 | Y, 2012 | Y, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|
Cash | 1.1 b | 1.4 b | 1.8 b | 2.7 b | 2.4 b | 2 b | 2.2 b |
Current Assets | 10.5 b | 11.7 b | 9.9 b | 10.5 b | |||
Goodwill | 425 m | 425 m | 425 m | 425 m | |||
Total Assets | 14 b | 15.3 b | 13.5 b | 13.9 b | |||
Accounts Payable | 5.1 b | 5 b | 4.5 b | 5 b | |||
Total Debt | 1.7 b | 1.6 b | 1.7 b | 1.4 b | |||
Current Liabilities | 7.4 b | 7.8 b | 6.9 b | 7.1 b | |||
Additional Paid-in Capital | 300 m | 437 m | |||||
Retained Earnings | 3.2 b | 4.1 b | 4.1 b | 4.4 b | |||
Total Equity | 4 b | 5 b | 4.4 b | 4.7 b | |||
Debt to Equity Ratio | 0.4 x | 0.3 x | 0.4 x | 0.3 x | |||
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | |||
Financial Leverage | 3.5 x | 3.1 x | 3.1 x | 2.9 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 2.1 b | 1.9 b | 2.2 b | 1.8 b | 1.7 b | 1.8 b | 1.9 b | 1.3 b | 1.7 b |
Current Assets | 10.6 b | 12.1 b | 10.4 b | 10.2 b | 11.7 b | 9.3 b | 9.7 b | 11 b | 9.7 b |
PP&E | 2.5 b | 2.5 b | 2.2 b | 2.2 b | 2.3 b | 2.3 b | 2.3 b | 2.3 b | 2.3 b |
Goodwill | 425 m | 425 m | 425 m | 425 m | 425 m | 425 m | 425 m | 425 m | 425 m |
Total Assets | 14.3 b | 15.8 b | 13.7 b | 13.6 b | 15.2 b | 12.9 b | 13.3 b | 14.5 b | 13 b |
Accounts Payable | 5.2 b | 6.6 b | 4.6 b | 4.7 b | 6.2 b | 4.4 b | 4.8 b | 6.2 b | 4.6 b |
Current Liabilities | 7.3 b | 8.6 b | 6.7 b | 6.8 b | 8.4 b | 6.3 b | 6.8 b | 8.2 b | 6.5 b |
Additional Paid-in Capital | 348 m | 377 m | 494 m | 198 m | 185 m | ||||
Retained Earnings | 3.6 b | 3.7 b | 4 b | 4.1 b | 4.1 b | 4.1 b | 4 b | 4 b | 4.2 b |
Total Equity | 4.5 b | 4.6 b | 4.9 b | 4.6 b | 4.7 b | 4.4 b | 4.3 b | 4.3 b | 4.5 b |
Financial Leverage | 3.2 x | 3.4 x | 2.8 x | 2.9 x | 3.3 x | 2.9 x | 3.1 x | 3.4 x | 2.9 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Depreciation and Amortization | 654 m | |||
Accounts Payable | 1.7 b | 1.7 b | (536 m) | 518 m |
Long-term Borrowings | (1.6 b) | (1.6 b) | (28 m) | (394 m) |
Dividends Paid | (224 m) | (224 m) | (499 m) | (505 m) |
Interest Paid | 106 m | 106 m | 77 m | 76 m |
Income Taxes Paid | 478 m | 478 m | 550 m | 628 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 229 m | 198 m | 194 m | 188 m | |||||
Accounts Payable | 5.2 b | 6.6 b | 4.6 b | 4.7 b | 6.2 b | 4.4 b | 4.8 b | 6.2 b | 4.6 b |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 315.2 k |
Financial Leverage | 2.9 x |
Best Buy Operating Metrics
Best Buy's Distribution Centers was reported to be 27 in FY, 2017. Best Buy's Stores was reported to be 1.6 k in FY, 2017
- Source: phx.corporate-ir.net
Best Buy Market Value History
Best Buy Revenue Breakdown
Best Buy Job Categories
Best Buy Median Salaries
Source: 28 public H-1B filings from Best Buy
