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Best Buy Co. logo
Best Buy Co. BBY
$ 100.38 0.64%
report update icon

Quarterly report 2027-Q2
added 09-04-2026

Best Buy Co. Balance Sheet 2026-2007 | BBY

Brief balance sheet overview of Best Buy Co.

Balance sheet changes are traced across five available annual reports between 2016 and 2020.

The asset base progressed from $13.5 billion to $15.6 billion, equal to +15.3% overall and about 3.6% per year.

Liabilities grew faster than assets: +32.5% versus +15.3%. A substantial part of expansion was externally funded.

The equity ratio equals 22.3%, with a starting level of 32.4%. Stable cash flow is important under this structure.

Cash exceeds interest-bearing debt, producing net debt of -$958 million. The balance sheet therefore carries a net cash position.

The cash share moved from 14.6% to 14.3%. A higher figure generally provides more room in an adverse scenario.

By the end of the period, accumulated earnings were $3.2 billion; the change from the start was -23.5%.

Overall assessment

The balance sheet gives no single signal for Best Buy Co.: some indicators are sound, while leverage or capitalization needs attention.

Annual Balance Sheet Best Buy Co.

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Net Debt

50 M 183 M 323 M -76 M -1.07 B -3.53 B -958 M -592 M 254 M -875 M -242 M -811 M -1.02 B -77 M 966 M 165 M -652 M 682 M - -

Long Term Debt

1.16 B 1.14 B 1.15 B 1.16 B 1.22 B 1.27 B 1.26 B 1.33 B 811 M 1.32 B 1.34 B 1.58 B 1.61 B 1.15 B 1.68 B 711 M 1.14 B 1.13 B - -

Long Term Debt Current

623 M 617 M 618 M 638 M 648 M 693 M 660 M 56 M 544 M 44 M 395 M 41 M 45 M 547 M 43 M 441 M 35 M 54 M - -

Total Non Current Liabilities

- - - - - - 4.05 B 2.08 B 1.62 B 2.02 B 2.22 B 2.48 B 2.59 B 2.92 B 3.4 B 2.58 B - - - -

Total Current Liabilities

7.68 B 8.02 B 7.91 B 8.98 B 10.7 B 10.5 B 8.06 B 7.51 B 7.82 B 7.12 B 6.92 B 7.78 B 7.44 B 10.8 B 8.86 B 8.66 B 8.98 B 8.44 B - -

Total Liabilities

- - - - - - 12.1 B 9.6 B 9.44 B 9.15 B 9.14 B 10.3 B 10 B 13.7 B 12.3 B 11.2 B - - - -

Deferred Revenue

- - - - - - 281 M 446 M 453 M 418 M 357 M 737 M 399 M 451 M 565 M 499 M - - - -

Retained Earnings

2.61 B 2.49 B 2.68 B 2.43 B 2.67 B 4.23 B 3.16 B 2.98 B 3.27 B 4.4 B 4.13 B 4.14 B 3.16 B 2.86 B 3.62 B 6.37 B 5.8 B 4.71 B - -

Total Assets

14.7 B 14.8 B 15 B 15.8 B 17.5 B 19.1 B 15.6 B 12.9 B 13 B 13.9 B 13.5 B 15.3 B 14 B 16.8 B 16 B 17.8 B 18.3 B 15.8 B - -

Cash and Cash Equivalents

1.74 B 1.58 B 1.45 B 1.87 B 2.94 B 5.49 B 2.23 B 1.98 B 1.1 B 2.24 B 1.98 B 2.43 B 2.68 B 1.83 B 1.2 B 1.1 B 1.83 B 498 M 1.44 B 1.2 B

Book Value

14.7 B 14.8 B 15 B 15.8 B 17.5 B 19.1 B 3.48 B 3.31 B 3.61 B 4.71 B 4.38 B 5 B 3.99 B 3.06 B 3.74 B 6.6 B 18.3 B 15.8 B - -

Total Shareholders Equity

2.96 B 2.81 B 3.05 B 2.8 B 3.02 B 4.59 B 3.48 B 3.31 B 3.61 B 4.71 B 4.38 B 5 B 3.99 B 3.06 B 3.74 B 6.6 B 6.32 B 4.64 B 4.52 B 6.24 B

All numbers in USD currency

Quarterly Balance Sheet Best Buy Co.

2027-Q2 2027-Q1 2026-Q4 2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q4 2010-Q3 2010-Q2 2010-Q1 2009-Q4 2009-Q3 2009-Q2

Long Term Debt

2.29 B 1.16 B 2.28 B 1.16 B 1.16 B 1.15 B 2.2 B 1.16 B 1.16 B 1.15 B 1.14 B 1.14 B 1.16 B 1.13 B 1.15 B 1.13 B 1.14 B 1.16 B 1.16 B 1.14 B 1.18 B 1.17 B 1.25 B 1.22 B 1.24 B 1.23 B 1.26 B 1.26 B 632 M 621 M 1.33 B 1.24 B 1.25 B 1.19 B 811 M 1.28 B 801 M 792 M 1.32 B 784 M 1.31 B 1.3 B 1.34 B 1.32 B 1.34 B 1.33 B 1.57 B 1.25 B 1.22 B 1.22 B 1.66 B 1.64 B 1.64 B 1.65 B 1.7 B 1.67 B 1.68 B 1.69 B - 1.7 B 1.71 B 1.72 B 2.11 B 2.13 B 2.14 B 2.15 B 1.1 B 1.13 B 1.12 B 1.09 B 1.13 B 1.1 B 1.11 B

Deferred Revenue

- - - - - - - - - - - - - - - - - - - - - - - - - - 281 M 278 M 267 M 257 M 446 M 445 M 468 M 409 M 453 M 449 M 438 M 371 M 418 M 426 M 427 M 371 M 357 M 380 M 380 M 349 M 326 M 330 M 316 M 304 M 399 M 449 M 442 M 394 M 451 M 418 M 409 M 395 M - - - 469 M - - - - - - - - - - -

Retained Earnings

2.38 B 2.68 B 2.49 B 2.31 B 2.38 B 2.43 B 2.68 B 2.31 B 2.38 B 2.43 B 2.49 B 2.75 B 2.78 B 2.72 B 2.68 B 2.48 B 2.49 B 2.45 B 2.43 B 2.6 B 2.52 B 2.42 B 4.23 B 3.92 B 3.98 B 3.76 B 3.16 B 3.66 B 3.41 B 3.13 B 2.98 B 2.81 B 2.96 B 3.04 B 3.27 B 2.68 B 2.86 B 3.08 B 4.4 B 3.82 B 4 B 4.2 B 4.13 B 3.95 B 3.99 B 4.08 B 4.14 B 4.14 B 4.09 B 4.01 B 3.16 B 3.69 B 3.65 B 3.56 B 2.86 B 2.93 B 2.93 B 2.72 B - 3.33 B 3.4 B 3.52 B 5.66 B 5.68 B 5.85 B 6.18 B 5.8 B 5.82 B 6 B 5.89 B 4.71 B 5.08 B 4.91 B

Total Assets

15.3 B 14.9 B 14.8 B 16.8 B 15.3 B 14.1 B 15.8 B 16.8 B 15.3 B 14.1 B 14.8 B 17 B 15.6 B 14.8 B 15 B 16.9 B 15.3 B 14.7 B 15.8 B 17 B 15.4 B 15.3 B 19.1 B 20.1 B 18.6 B 17.7 B 15.6 B 21.2 B 17.4 B 15.6 B 12.9 B 16.9 B 15 B 14.6 B 13 B 15 B 12 B 12.1 B 13.9 B 14.8 B 13.4 B 13 B 13.5 B 14.5 B 13.3 B 12.9 B 15.2 B 15.2 B 13.6 B 13.7 B 14 B 15.8 B 14.3 B 13.9 B 16.8 B 15.1 B 13.3 B 14.3 B - 17.6 B 15.8 B 16 B 22.7 B 20.1 B 19.3 B 19.6 B 15.8 B 22.4 B 17.4 B 18 B 15.8 B 21.1 B 17.2 B

Cash and Cash Equivalents

1.87 B 1.75 B 2.25 B 923 M 1.46 B 1.15 B 3.2 B 923 M 1.46 B 1.15 B 1.58 B 643 M 1.39 B 1.21 B 1.45 B 636 M 1.09 B 1.03 B 1.87 B 932 M 840 M 640 M 5.49 B 3.46 B 4.34 B 4.28 B 2.23 B 5.14 B 5.3 B 3.92 B 1.98 B 1.2 B 1.29 B 1.56 B 1.1 B 1.23 B 1.86 B 1.85 B 2.24 B 1.1 B 1.36 B 1.65 B 1.98 B 1.34 B 1.86 B 1.84 B 2.43 B 1.7 B 1.8 B 2.17 B 2.68 B 1.93 B 2.14 B 2.57 B 1.83 B 2.17 B 1.91 B 908 M 1.4 B 309 M 680 M 1.39 B - 2.07 B 2.08 B 2.79 B 1.44 B 925 M 843 M 1.24 B 1.2 B 564 M 668 M

Book Value

15.3 B 14.9 B 14.8 B 16.8 B 15.3 B 14.1 B 15.8 B 16.8 B 15.3 B 14.1 B 14.8 B 17 B 15.6 B 14.8 B 15 B 16.9 B 15.3 B 14.7 B 15.8 B 17 B 15.4 B 15.3 B 19.1 B 20.1 B 18.6 B 17.7 B 15.6 B 21.2 B 17.4 B 15.6 B 12.9 B 16.9 B 15 B 14.6 B 13 B 15 B 12 B 12.1 B 13.9 B 14.8 B 13.4 B 13 B 13.5 B 14.5 B 13.3 B 12.9 B 15.2 B 15.2 B 13.6 B 13.7 B 14 B 15.8 B 14.3 B 13.9 B 16.8 B 15.1 B 13.3 B 14.3 B - 17.6 B 15.8 B 16 B 22.7 B 20.1 B 19.3 B 19.6 B 15.8 B 22.4 B 17.4 B 18 B 15.8 B 21.1 B 17.2 B

Total Shareholders Equity

2.81 B 3.08 B 2.8 B 2.65 B 2.72 B 2.76 B 3.02 B 2.65 B 2.72 B 2.76 B 2.81 B 3.08 B 3.11 B 3.08 B 3.05 B 2.81 B 2.84 B 2.79 B 2.8 B 2.99 B 2.89 B 2.77 B 4.59 B 4.28 B 4.34 B 4.16 B 3.48 B 4.09 B 3.78 B 3.41 B 3.31 B 3.12 B 3.28 B 3.35 B 3.61 B 3.01 B 3.19 B 3.42 B 4.71 B 4.15 B 4.35 B 4.5 B 4.38 B 4.26 B 4.32 B 4.43 B 5 B 4.65 B 4.62 B 4.87 B 3.99 B 4.57 B 4.53 B 4.42 B 3.06 B 3.74 B 3.6 B 2.92 B 4.24 B 3.51 B 3.52 B 3.67 B 5.71 B 5.86 B 6.16 B 6.49 B 4.52 B 6 B 6.02 B 6.37 B 6.24 B 5.53 B 5.31 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of Best Buy Co., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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