Skip to content
Non-Current Assets

PP&E (Net)

Best Buy PP&E (Net) increased by 0.1% to $1.99B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.9%, from $2.09B to $1.99B. Over 5 years (FY 2021 to FY 2026), PP&E (Net) shows a downward trend with a -2.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2027Jun 5, 2026

How to read this metric

Higher values indicate significant investment in physical infrastructure, which can drive sales but also increases fixed cost burdens.

Detailed definition

This represents the book value of tangible long-lived assets, including buildings, store improvements, and equipment, af...

Peer comparison

Varies widely based on whether a company owns or leases its real estate; peers with high ownership show higher net PPE.

Metric ID: property_plant_equipment_net

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$2.23B$2.23B$2.26B$2.25B$2.25B$2.32B$2.37B$2.35B$2.32B$2.31B$2.31B$2.26B$2.2B$2.18B$2.2B$2.12B$2.09B$2.05B$2.04B$1.99B$1.99B
QoQ Change-0.3%+1.3%-0.3%+0.0%+3.0%+2.3%-0.9%-1.3%-0.7%+0.3%-2.3%-2.8%-0.6%+0.6%-3.4%-1.6%-2.1%-0.4%-2.5%+0.1%
YoY Change+0.8%+4.2%+5.2%+4.5%+3.1%-0.6%-2.5%-3.9%-5.4%-5.3%-5.1%-6.1%-4.9%-6.3%-7.2%-6.4%-4.9%
Range$1.99B$2.37B
CAGR-2.3%
Avg YoY Growth-2.4%
Median YoY Growth-4.9%

Geographic Breakdown — Other Countries

View all
SegmentQ4 '23
Other Countries$2M
Total$2.35B

Geographic Breakdown — U.S.

View all
SegmentQ4 '23Q4 '25Q4 '26
U.S.$2.24B$2B$1.82B
Canada$107M$120M$164M
Total$2.35B$2.12B$1.99B

Canada, U.S. were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Best Buy's pp&e (net)?
Best Buy (BBY) reported pp&e (net) of $1.99B in Q1 2026.
How has Best Buy's pp&e (net) changed year-over-year?
Best Buy's pp&e (net) decreased by 4.9% year-over-year, from $2.09B to $1.99B.
What is the long-term trend for Best Buy's pp&e (net)?
Over 5 years (2021 to 2026), Best Buy's pp&e (net) has grown at a -2.6% compound annual growth rate (CAGR), from $2.26B to $1.99B.
What does pp&e (net) mean?
The current net value of all physical assets used in business operations.