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Best Buy BBY Finance Lease Liabilities

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Other financials

Income statement

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Revenue$8.9B+1.9%
Gross profit$2.1B+2.6%
Operating income$370.0M+68.9%
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$18.18B+29.9%
Enterprise value$20.31B+24.0%
P/E15.9×-2.1×
P/S0.4×+0.1×

Profitability

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Gross margin22.5%-0.1pp
Operating margin3.7%+0.9pp
Net margin2.7%+0.6pp
FCF margin3.2%

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

Reported directly by Best Buy in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiability.

The source filing: Best Buy’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:43 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000764478-26-000022
Line itemMay 2, 2026January 31, 2026May 3, 2025
Notes, 1.95%, due October 1, 2030 ("2030 Notes")650650650
Interest rate swap valuation adjustments(8)(1)(8)
Subtotal1,1421,1491,142
Debt discounts and issuance costs(5)(5)(6)
Finance lease obligations323227
Total long-term debt1,1691,1761,163
Less current portion111110
Total long-term debt, less current portion$1,158$1,165$1,153

Item 1. Financial Statements

FAQ

What is Best Buy's finance lease liabilities?
Best Buy (BBY) reported finance lease liabilities of $32M in Q1 2026.
How has Best Buy's finance lease liabilities changed year-over-year?
Best Buy's finance lease liabilities increased by 18.5% year-over-year, from $27M to $32M.
What is the long-term trend for Best Buy's finance lease liabilities?
Over 5 years (2021 to 2026), Best Buy's finance lease liabilities has grown at a -2.6% compound annual growth rate (CAGR), from $24M to $21M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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