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Best Buy BBY Property under finance leases

Property under finance leases at other companies

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InnovAge Holdings, Inc.INNV
$1.48M
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$2.81M+284%
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Cardinal Infrastructure Group, Inc. logo
Cardinal Infrastructure Group, Inc.CDNL
$547.95K-24.3%
Huntington Bancshares logo
Huntington BancsharesHBAN
$544M+41.7%

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$16.87B+18.3%
Enterprise value$19B+14.1%
P/E14.8×-3.6×
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 bby:PropertyUnderFinanceLeases.

The source filing: Best Buy’s 10-K, filed March 18, 2026.

Filed
Mar 18, 2026, 12:00 AM EDT
Fiscal year
FY2026
Accession
0000764478-26-000009
Line itemJanuary 31, 2026February 1, 2025
Land and buildings734722
Leasehold improvements2,3952,370
Fixtures and equipment3,7323,872
Property under finance leases8088
Gross property and equipment6,9417,052
Less accumulated depreciation4,9554,930
Net property and equipment1,9862,122
Operating lease assets2,8692,833

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Best Buy's property under finance leases?
Best Buy (BBY) reported property under finance leases of $80M in Q4 2025.
How has Best Buy's property under finance leases changed year-over-year?
Best Buy's property under finance leases decreased by 9.1% year-over-year, from $88M to $80M.
What is the long-term trend for Best Buy's property under finance leases?
Over 5 years (2021 to 2026), Best Buy's property under finance leases has grown at a 1.8% compound annual growth rate (CAGR), from $73M to $80M.
What does property under finance leases mean?
This represents the value of assets acquired through finance lease arrangements, where the company effectively assumes the risks and rewards of ownership. Under modern accounting standards, these are capitalized on the balance sheet. It reflects the company's reliance on long-term leasing structures to control physical assets.

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