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Best Buy BBY Asset turnover

Asset turnover at other companies

Target logo
TargetTGT
1.9×0.0×
Walmart
 logo
Walmart WMT
2.6×0.0×
Costco Wholesale logo
Costco WholesaleCOST
3.6×-0.1×
Amazon logo
AmazonAMZN
-0.2×
Dell Technologies logo
Dell TechnologiesDELL
1.3×+0.2×
Lowe's Companies logo
Lowe's CompaniesLOW
1.8×-0.1×

Other financials

Income statement

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Revenue$8.9B+1.9%
Gross profit$2.1B+2.6%
Operating income$370.0M+69.0%
Net income$276.0M+36.6%
EPS (diluted)$1.31+37.9%

Balance sheet

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Cash & equivalents$2.0B+41.9%
Total debt$4.2B+2.0%
Total equity$3.1B+11.6%
Total assets$14.9B+5.4%

Cash flow

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Operating cash flow$375.0M+1,003%
CapEx$160.0M-3.6%
Free cash flow$215.0M+263%

Valuation

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Market cap$15.41B-9.3%
Enterprise value$17.54B-11.0%
P/E13.5×-5.8×
P/S0.4×0.0×

Profitability

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Gross margin22.5%-0.1pp
Operating margin3.7%+0.9pp
Net margin2.7%+0.6pp

Returns & leverage

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Return on equity39.1%+8.9pp
Debt / equity1.4×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Calculated from Best Buy’s reported figures.

Based on trailing twelve months.

The official record: Best Buy’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Best Buy's asset turnover?
Best Buy (BBY) reported asset turnover of 2.9× in Q1 2026.
How has Best Buy's asset turnover changed year-over-year?
Best Buy's asset turnover increased by 0.5% year-over-year, from 2.9× to 2.9×.
What is the long-term trend for Best Buy's asset turnover?
Over 4 years (2022 to 2026), Best Buy's asset turnover has grown at a -0.9% compound annual growth rate (CAGR), from 11.3× to 10.9×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.