Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Best BUY Co. Inc.BBY · shops
GradeBullAstrongest fifth of 258 graded peers; percentile 7.8, sampling error 2.9 points; lower is stronger
Rank21 of 258
ProfitabilityA/Bpercentile 21.7
SolvencyBpercentile 26.9
Growth and financingCpercentile 49.5
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $14.7B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active · fortress balance sheetnot computable: distress
Inputs computable12 of 14
Graded fromfilings received through Mar 18, 2026205 days before the rescan; every figure keyed to the SEC receipt date
Last close$88.372026-10-08; market equity $18.5B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$60$80NovDecJanFebMarAprMayJunJulAugSepOctA/BBA/BA$88.40
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Mar 21, 2012B/C40.2Q5
May 21, 2012D66.9Q5
Apr 21, 2014B34.9Q5
Aug 21, 2014B/C36.7Q5
Sep 21, 2014B35.6Q5
Dec 21, 2014B/C37.5Q5
Mar 21, 2015B33.6Q5
Apr 21, 2015C55.6Q5
May 21, 2015C/D56.3Q5
Jun 21, 2015C55.8Q5
Aug 21, 2015C/D57.7Q5
Jan 21, 2016C54.9Q5
Mar 21, 2016C/D57.0Q5
May 21, 2016D63.7Q5
Jun 21, 2016C/D63.3Q5
Apr 21, 2017A14.4Q5
Apr 21, 2018B/C37.1Q5
Oct 21, 2018B36.5Q5
Nov 21, 2018B/C36.8Q5
Mar 21, 2019B34.3Q5
Apr 21, 2019A/B21.3Q5
Oct 21, 2020B23.4Q5
Mar 21, 2021A2.2Q5
Mar 21, 2023B27.8Q5
Mar 21, 2024B/C39.0Q5
Mar 21, 2025B24.2Q5
Apr 21, 2025A/B21.0Q5
Nov 21, 2025B23.5Q5
Dec 21, 2025A/B22.3Q5
Mar 21, 2026A9.6Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 18, 2026; the document on sec.gov.

Unless the context otherwise requires, the terms “we,” “us,” “our” and the “company” in this Annual Report on Form 10-K refer to Best Buy Co., Inc. and, as applicable, its consolidated subsidiaries. Any references to our website addresses do not constitute incorporation by reference of the information contained on the websites. We were incorporated in the state of Minnesota in 1966. We are driven by our purpose to enrich lives through technology and our vision to personalize and humanize technology solutions for every stage of life.

Warnings [top]

Fortress balance sheet. cash minus debt is 573,000,000 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 21.7
Gross profitability63.9%[1,5]42.6%22.02422026-01-31
Return on invested capital44.2%[3-4,6-12]10.9%12.0842026-01-31
Accruals ratio(6.1%)[1,13-15](4.9%)43.02872026-01-31
Gross margin stability, five years0.4 pts[2,5,16-23]1.2 pts9.62192026-01-31
Solvency, sleeve percentile 26.9
Twelve-month failure probabilitynot computable0.04%
liabilities and a nearby cover-page share count are required at 2026-08-01
Altman Z double-primenot computable1.92
one or more required annual facts are missing
Net debt to EBITDA(0.26x)[3-4,6,24]1.84x10.11002026-01-31
Interest coverage29.55x[6,25]2.26x4.8642026-01-31
Current ratio1.11x[26-27]1.37x66.02952026-01-31
Growth and financing, sleeve percentile 49.5
Revenue growth, three-year compound(3.4%)[2,17,19,21]1.5%69.82692026-01-31
Free cash flow growth, three-year compound12.1%[14,28-34]5.6%37.71472026-01-31
Reinvestment rate46.4%[6-8,24,26-28,35-36]7.3%29.11522026-01-31
Asset growth, three years(2.4%)[1,15,37-38]3.4%70.52722026-01-31
Net share issuance, one year(1.1%)[39-40](0.6%)40.52112026-03-16

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.374; sampling error 2.9 percentile points on 258 peers.

Among 258 Peers [top]

ABCDECOST, Costco Wholesale Corp.; A, percentile 4.7; market equity $420.1B; warnings: fortress balance sheetCOSTAMZN, Amazon COM Inc.; A/B, percentile 20.2; market equity $2.7T; warnings: fortress balance sheetAMZNHD, Home Depot, Inc.; B, percentile 32.3; market equity $294.8BHDTJX, TJX Companies Inc.; C, percentile 43.6; market equity $152.6BTJXWMT, Walmart Inc.; C, percentile 52.9; market equity $877.2BWMTMCD, Mcdonalds Corp.; D, percentile 63.4; market equity $167.6BMCDBBY 7.8strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
16W.W. Grainger, Inc. (GWW)

W.W. Grainger, Inc. (GWW)

Astrongest fifth; percentile 5.8

NYSE · Wholesale-Durable Goods

market equity $59.8B; last close $1,270.02

No active warnings; 11 of 14 inputs

5.8A
17Weis Markets Inc. (WMK)

Weis Markets Inc. (WMK)

Astrongest fifth; percentile 6.2

NYSE · Retail-Grocery Stores

market equity $1.8B; last close $73.00

Warnings: late filer; 8 of 14 inputs

6.2Alate filer
18Applied Industrial Technologies Inc. (AIT)

Applied Industrial Technologies Inc. (AIT)

Astrongest fifth; percentile 6.6

NYSE · Wholesale-Machinery, Equipment & Supplies

market equity $12.2B; last close $332.40

No active warnings; 11 of 14 inputs

6.6A
19Winmark Corp. (WINA)

Winmark Corp. (WINA)

Astrongest fifth; percentile 7.0

Nasdaq · Retail-Miscellaneous Retail

market equity $1.1B; last close $296.49

No active warnings; 9 of 14 inputs

7.0A
20Rave Restaurant Group, Inc. (RAVE)

Rave Restaurant Group, Inc. (RAVE)

Astrongest fifth; percentile 7.4

Nasdaq · Wholesale-Groceries & Related Products

market equity $31.8M; last close $2.24

No active warnings; 9 of 14 inputs

7.4A
21Best BUY Co. Inc. (BBY)

Best BUY Co. Inc. (BBY)

Astrongest fifth; percentile 7.8

NYSE · Retail-Radio, Tv & Consumer Electronics Stores

market equity $18.5B; last close $88.37

Warnings: fortress balance sheet; 12 of 14 inputs

7.8Afortress balance sheet
22Urban Outfitters Inc. (URBN)

Urban Outfitters Inc. (URBN)

Astrongest fifth; percentile 8.2

Nasdaq · Retail-Family Clothing Stores

market equity $6.9B; last close $81.01

No active warnings; 10 of 14 inputs

8.2A
23QXO, Inc. (QXO)

QXO, Inc. (QXO)

Astrongest fifth; percentile 8.8

NYSE · Wholesale-Lumber & Other Construction Materials

last close $11.12

No active warnings; 8 of 14 inputs

8.8A
24QXO, Inc. (QXO-PB)

QXO, Inc. (QXO-PB)

Astrongest fifth; percentile 8.8

NYSE · Wholesale-Lumber & Other Construction Materials

No active warnings; 8 of 14 inputs

8.8A
25FirstCash Holdings, Inc. (FCFS)

FirstCash Holdings, Inc. (FCFS)

Astrongest fifth; percentile 9.3

Nasdaq · Retail-Miscellaneous Retail

market equity $9.2B; last close $211.93

No active warnings; 8 of 14 inputs

9.3A
26Pricesmart Inc. (PSMT)

Pricesmart Inc. (PSMT)

Astrongest fifth; percentile 9.7

Nasdaq · Retail-Variety Stores

market equity $5.2B; last close $167.12

Warnings: fortress balance sheet; 12 of 14 inputs

9.7Afortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesA8.92204
sector peers, equal sleeves (the grade)A7.8258
same exchange, equal sleevesA8.4984
sector peers, equal inputsA9.3258

Each letter is one fifth of the 258 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month9.3%(0.1%)61hotter than 61 of 100 peers
Distance from 52-week high(6.8%)(24.1%)89closer to its high than 89 of 100 peers
EBIT to enterprise value8.0%5.3%76pricier than 24 of 100 peers
Free cash flow yield6.8%4.2%69pricier than 31 of 100 peers
Book value to price0.170.3632pricier than 68 of 100 peers
Sales to price2.251.7561pricier than 39 of 100 peers
Composite equity issuance, five years(41.1%)(16.7%)9more equity-funded than 9 of 100 peers
Relative strength against the sector, log excess return0.110.0261ahead of 61 of 100 peers

Inputs: market equity $18.5B; EBIT $1.4B; free cash flow $1.3B; book equity $3.2B; sales $41.7B; debt $1.2B; cash $2.3B[41].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 7 of 9, period end 2026-01-31
Return on assets above zero7.2%✓ pass[13,15]
Operating cash flow above zero$2.0B✓ pass[14]
Return on assets improved1.0 pts✓ pass[13,15,37,42]
Operating cash flow exceeds net income$893.0M✓ pass[13-14]
Long-term leverage fell0.2 pts✗ fail[1,4,15,37,43]
Current ratio improved8.1 pts✓ pass[26-27,35-36]
No new shares issued(1.1%)✓ pass[39-40]
Gross margin improved(0.1 pts)✗ fail[2,5,16-17]
Asset turnover improved4.6 pts✓ pass[2,15,17,37]
Cash, filings, liquidity
Cash and equivalents$2.3B[44]
Operating cash flow, four quarters$2.5B[14,44-48]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing35
10-Q received Sep 4, 2026
Median daily dollar volume$279.4M
63 sessions
Days since newest grade input205

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$14.7B2026-01-312026-03-1810-Kfiling · viewer · series
2revenueus-gaap:Revenues$41.7B2026-01-312026-03-1810-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$1.7B2026-01-312026-03-1810-Kfiling · viewer · series
4total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$1.2B2026-01-312026-03-1810-Kfiling · viewer · series
5gross profitus-gaap:GrossProfit$9.4B2026-01-312026-03-1810-Kfiling · viewer · series
6operating incomeus-gaap:OperatingIncomeLoss$1.4B2026-01-312026-03-1810-Kfiling · viewer · series
7pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments$1.4B2026-01-312026-03-1810-Kfiling · viewer · series
8income taxus-gaap:IncomeTaxExpenseBenefit$337.0M2026-01-312026-03-1810-Kfiling · viewer · series
9book equityus-gaap:StockholdersEquity$3.0B2026-01-312026-03-1810-Kfiling · viewer · series
10total debtus-gaap:LongTermDebt$1.2B2025-02-012025-03-1910-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$2.8B2025-02-012026-03-1810-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$1.6B2025-02-012026-03-1810-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$1.1B2026-01-312026-03-1810-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$2.0B2026-01-312026-03-1810-Kfiling · viewer · series
15assetsus-gaap:Assets$14.8B2025-02-012026-03-1810-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit$9.4B2025-02-012026-03-1810-Kfiling · viewer · series
17revenueus-gaap:Revenues$41.5B2025-02-012026-03-1810-Kfiling · viewer · series
18gross profitus-gaap:GrossProfit$9.6B2024-02-032026-03-1810-Kfiling · viewer · series
19revenueus-gaap:Revenues$43.5B2024-02-032026-03-1810-Kfiling · viewer · series
20gross profitus-gaap:GrossProfit$9.9B2023-01-282025-03-1910-Kfiling · viewer · series
21revenueus-gaap:Revenues$46.3B2023-01-282025-03-1910-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$11.6B2022-01-292024-03-1510-Kfiling · viewer · series
23revenueus-gaap:Revenues$51.8B2022-01-292024-03-1510-Kfiling · viewer · series
24depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$831.0M2026-01-312026-03-1810-Kfiling · viewer · series
25interest expenseus-gaap:InterestExpense$47.0M2026-01-312026-03-1810-Kfiling · viewer · series
26current assetsus-gaap:AssetsCurrent$8.5B2026-01-312026-03-1810-Kfiling · viewer · series
27current liabilitiesus-gaap:LiabilitiesCurrent$7.7B2026-01-312026-03-1810-Kfiling · viewer · series
28capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$704.0M2026-01-312026-03-1810-Kfiling · viewer · series
29operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$2.1B2025-02-012026-03-1810-Kfiling · viewer · series
30capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$706.0M2025-02-012026-03-1810-Kfiling · viewer · series
31operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.5B2024-02-032026-03-1810-Kfiling · viewer · series
32capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$795.0M2024-02-032026-03-1810-Kfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.8B2023-01-282025-03-1910-Kfiling · viewer · series
34capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$930.0M2023-01-282025-03-1910-Kfiling · viewer · series
35current assetsus-gaap:AssetsCurrent$8.2B2025-02-012026-03-1810-Kfiling · viewer · series
36current liabilitiesus-gaap:LiabilitiesCurrent$8.0B2025-02-012026-03-1810-Kfiling · viewer · series
37assetsus-gaap:Assets$15.0B2024-02-032025-03-1910-Kfiling · viewer · series
38assetsus-gaap:Assets$15.8B2023-01-282025-03-1910-Kfiling · viewer · series
39shares outstandingdei:EntityCommonStockSharesOutstanding209,112,5772026-03-162026-03-1810-Kfiling · viewer · series
40shares outstandingdei:EntityCommonStockSharesOutstanding211,369,6572025-03-172025-03-1910-Kfiling · viewer · series
41shares outstandingdei:EntityCommonStockSharesOutstanding209,727,6982026-09-022026-09-0410-Qfiling · viewer · series
42net incomeus-gaap:NetIncomeLoss$927.0M2025-02-012026-03-1810-Kfiling · viewer · series
43long term debtus-gaap:LongTermDebtNoncurrent$1.1B2025-02-012025-03-1910-Kfiling · viewer · series
44cashus-gaap:CashAndCashEquivalentsAtCarryingValue$2.3B2026-08-012026-09-0410-Qfiling · viewer · series
45operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.3B2026-08-012026-09-0410-Qfiling · viewer · series
46operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$375.0M2026-05-022026-06-0510-Qfiling · viewer · series
47operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$684.0M2025-11-012025-12-0510-Qfiling · viewer · series
48operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$783.0M2025-08-022026-09-0410-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 7.8 is 12.2 points from the nearest band edge; sampling error is 2.9 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.