Skip to Content

Best Buy

Charlie Riedel—AP/REX/Shutterstock
  • Previous Rank72
  • Revenues ($M)$42,879.0
  • Revenue Percent Change1.7%
  • Profits ($M)$1,464.0
  • Profits Percent Change46.4%
  • Assets ($M)$12,901.0
  • Employees125,000

The Minnesota electronics retailer is not just surviving, it’s thriving. In 2018, Best Buy saw its earnings jump 46% as it posted profits of $1.5 billion on revenues of $42.9 billion. The company is also holding its own against the likes of Walmart and Amazon by rapidly expanding its e-commerce offerings. Meanwhile, Best Buy has found a services niche, launching a 24/7 tech support subscription service. Now, the 53-year-old company is handing the reins to its longtime CFO, Corie Barry, who will become one of the country’s most visible female executives as she seeks to continue Best Buy’s transformation.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Info

Corie Barry
CEO Title
Chief Executive Officer & Director
Specialty Retailers: Other
HQ Location
Richfield, Minn.
Years on Fortune 500 List25
Figures are for fiscal year ended Jan. 31, 2019.

Best Buy Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$42,879.01.7%
Profits ($M)$1,464.046.4%
Assets ($M)$12,901.0-
Total Stockholder Equity ($M)$3,306.0-

Profit Ratios

Profit as % of Revenues3.4%
Profits as % of Assets11.3%
Profits as % of Stockholder Equity44.3%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)5.2
EPS % Change (from 2017)59.5%
EPS % Change (5 year annual rate)27.7%
EPS % Change (10 year annual rate)8.1%

Total Return

Total Return to Investors (2018)-20.5%
Total Return to Investors (5 year, annualized)9.3%
Total Return to Investors (10 year, annualized)9.5%