Best Buy Overview

  • Year Founded
  • 1966

Year Founded

  • Status
  • Public

  • Employees
  • 85,000

Employees

  • Stock Symbol
  • BBY

Stock Symbol

  • Investments
  • 27

  • Share Price
  • $74.83
  • (As of Wednesday Closing)

Best Buy General Information

Description

With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American market and north of 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Contact Information

Website
www.bestbuy.com
Formerly Known As
Sound of Music
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 7601 Penn Avenue South
  • Richfield, MN 55423-3645
  • United States
+1 (612)
Primary Industry
Specialty Retail
Other Industries
Electronics (B2C)
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 7601 Penn Avenue South
  • Richfield, MN 55423-3645
  • United States
+1 (612)

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Best Buy Stock Performance

As of 26-Mar-2025, Best Buy’s stock price is $74.83. Its current market cap is $15.8B with 211M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$74.83 $74.62 $69.29 - $103.71 $15.8B 211M 3.03M $4.31

Best Buy Financials Summary

As of 31-Jan-2025, Best Buy has a trailing 12-month revenue of $41.5B.

In Thousands,
USD
TTM 31-Jan-2025 FY 2025 31-Jan-2025 FY 2024 31-Jan-2024 FY 2023 31-Jan-2023
EV 21,778,490 21,778,490 19,007,054 22,710,582
Revenue 41,528,000 41,528,000 43,452,000 46,298,000
EBITDA 2,212,000 2,212,000 2,596,000 2,741,000
Net Income 927,000 927,000 1,241,000 1,419,000
Total Assets 14,782,000 14,782,000 14,967,000 15,803,000
Total Debt 4,053,000 4,053,000 3,982,000 3,978,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Best Buy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Best Buy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US
Specialty Retail
Richfield, MN
85,000 As of 2025

Mooresville, NC
 

Bentonville, AR
 
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Best Buy Competitors (7)

One of Best Buy’s 7 competitors is Lowe's Companies, a Corporation company based in Mooresville, NC.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lowe's Companies Corporation Mooresville, NC
Walmart Corporation Bentonville, AR
H.H. Gregg Formerly PE-Backed Indianapolis, IN
True Value (Specialty Retail) Formerly PE-Backed Chicago, IL
HTC Corporation Taoyuan City, Taiwan
You’re viewing 5 of 7 competitors. Get the full list »

Best Buy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Best Buy Investments & Acquisitions (27)

Best Buy’s most recent deal was a Merger/Acquisition with Yardbird for . The deal was made on 04-Nov-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Yardbird 04-Nov-2021 Merger/Acquisition Home Furnishings
Current Health 02-Nov-2021 Merger/Acquisition Monitoring Equipment
BioSensics (predictive health care technology) 07-Aug-2019 Merger/Acquisition Therapeutic Devices
Critical Signal Technologies 09-May-2019 Merger/Acquisition Clinics/Outpatient Services
Swirl 01-Feb-2019 Merger/Acquisition Media and Information Services (B2B)
You’re viewing 5 of 27 investments and acquisitions. Get the full list »

Best Buy ESG

Risk Overview

Risk Rating

Updated November, 27, 2024

13.67 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,946

Rank

Percentile

Retailing

Industry

of 461

Rank

Percentile

Electronics Retail

Subindustry

of 32

Rank

Percentile

To view Best Buy’s complete esg history, request access »

Best Buy Exits (12)

Best Buy’s most recent exit was on 27-Feb-2017 from AddStructure. The exit was categorized as with 7 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
AddStructure 27-Feb-2017 Completed
  • 7 buyers
Merchant Customer Exchange 15-Aug-2012 Completed
  • 3 buyers
mindSHIFT Technologies 05-Jan-2012 Completed
CinemaNow 01-Jan-2010 Completed
Napster (US) 25-Oct-2008 Merger/Acquisition Completed
You’re viewing 5 of 12 exits. Get the full list »

Best Buy Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Yardbird Minneapolis, MN 2016
Current Health Edinburgh, United Kingdom 2014
Best Buy Capital Eden Prairie, MN 2008

Best Buy FAQs

  • When was Best Buy founded?

    Best Buy was founded in 1966.

  • Where is Best Buy headquartered?

    Best Buy is headquartered in Richfield, MN.

  • What is the size of Best Buy?

    Best Buy has 85,000 total employees.

  • What industry is Best Buy in?

    Best Buy’s primary industry is Specialty Retail.

  • Is Best Buy a private or public company?

    Best Buy is a Public company.

  • What is Best Buy’s stock symbol?

    The ticker symbol for Best Buy is BBY.

  • What is the current stock price of Best Buy?

    As of 26-Mar-2025 the stock price of Best Buy is $74.83.

  • What is the current market cap of Best Buy?

    The current market capitalization of Best Buy is $15.8B.

  • What is Best Buy’s current revenue?

    The trailing twelve month revenue for Best Buy is $41.5B.

  • Who are Best Buy’s competitors?

    Lowe's Companies, Walmart, H.H. Gregg, True Value (Specialty Retail), and HTC are some of the 7 competitors of Best Buy.

  • What is Best Buy’s annual earnings per share (EPS)?

    Best Buy’s EPS for 12 months was $4.31.

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