Best Buy Co., Inc. (BBY)

Best Buy Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 1, 2025	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021
Revenue	41,528	43,452	46,298	51,761	47,262
Revenue Growth (YoY)	-4.43%	-6.15%	-10.55%	9.52%	8.30%
Cost of Revenue	32,143	33,849	36,386	40,127	36,666
Gross Profit	9,385	9,603	9,912	11,634	10,596
Selling, General & Admin	7,630	7,815	7,884	8,542	7,848
Operating Expenses	7,651	7,876	7,970	8,624	7,928
Operating Income	1,734	1,727	1,942	3,010	2,668
Interest Expense	-51	-52	-35	-25	-52
Interest & Investment Income	84	78	28	10	38
Earnings From Equity Investments	4	1	1	4	-
EBT Excluding Unusual Items	1,771	1,754	1,936	2,999	2,654
Merger & Restructuring Charges	3	-153	-147	29	-277
Impairment of Goodwill	-475	-	-	-	-
Gain (Loss) on Sale of Assets	-	21	-	-	-
Pretax Income	1,299	1,622	1,789	3,028	2,377
Income Tax Expense	372	381	370	574	579
Earnings From Continuing Operations	927	1,241	1,419	2,454	1,798
Net Income	927	1,241	1,419	2,454	1,798
Net Income to Common	927	1,241	1,419	2,454	1,798
Net Income Growth	-25.30%	-12.54%	-42.18%	36.48%	16.68%
Shares Outstanding (Basic)	215	218	225	247	260
Shares Outstanding (Diluted)	217	219	226	249	263
Shares Change (YoY)	-0.87%	-3.19%	-9.47%	-5.21%	-1.90%
EPS (Basic)	4.31	5.70	6.31	9.94	6.93
EPS (Diluted)	4.28	5.68	6.29	9.84	6.84
EPS Growth	-24.65%	-9.70%	-36.08%	43.86%	18.96%
Free Cash Flow	1,392	675	894	2,515	4,214
Free Cash Flow Per Share	6.43	3.09	3.96	10.09	16.02
Dividend Per Share	3.760	3.680	3.520	2.980	2.350
Dividend Growth	2.17%	4.54%	18.12%	26.81%	14.63%
Gross Margin	22.60%	22.10%	21.41%	22.48%	22.42%
Operating Margin	4.17%	3.98%	4.20%	5.82%	5.64%
Profit Margin	2.23%	2.86%	3.06%	4.74%	3.80%
Free Cash Flow Margin	3.35%	1.55%	1.93%	4.86%	8.92%
EBITDA	2,600	2,650	2,860	3,879	3,507
EBITDA Margin	6.26%	6.10%	6.18%	7.49%	7.42%
D&A For EBITDA	866	923	918	869	839
EBIT	1,734	1,727	1,942	3,010	2,668
EBIT Margin	4.17%	3.98%	4.20%	5.82%	5.64%
Effective Tax Rate	28.64%	23.49%	20.68%	18.96%	24.36%
Advertising Expenses	846	794	864	915	819

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q