What is the current Best Buy Co market capitalization?
The current market capitalization of Best Buy Co is 15.62 B USD.
Best Buy Co Market capitalization 2024
Best Buy Co Market capitalization
15.62 B USD
Best Buy Co Dividend yield
1.31 %
Ticker
BBY
ISIN
US0865161014
WKN
873629
In 2024, Best Buy Co's market cap stood at 15.62 B USD, a -7.45% increase from the 16.88 B USD market cap in the previous year.
The Best Buy Co Market capitalization history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) | NET INCOME (undefined USD) |
|---|---|---|---|
| 2030e | 48.37 | 19,85 | - |
| 2029e | 46.61 | 20,60 | 2.54 |
| 2028e | 45.88 | 20,93 | 2.08 |
| 2027e | 44.6 | 21,53 | 1.67 |
| 2027e | 44.57 | 21,55 | 1.68 |
| 2026e | 43.29 | 22,18 | 1.46 |
| 2026e | 43.85 | 21,90 | 1.47 |
| 2025e | 42.44 | 22,63 | 1.32 |
| 2024 | 43.45 | 22,10 | 1.24 |
| 2023 | 46.3 | 21,41 | 1.42 |
| 2022 | 51.76 | 22,50 | 2.45 |
| 2021 | 47.26 | 22,42 | 1.8 |
| 2020 | 43.64 | 23,03 | 1.54 |
| 2019 | 42.88 | 23,23 | 1.46 |
| 2018 | 42.15 | 23,43 | 1 |
| 2017 | 39.4 | 23,96 | 1.23 |
| 2016 | 39.53 | 23,26 | 0.9 |
| 2015 | 40.34 | 22,43 | 1.23 |
| 2014 | 40.61 | 23,14 | 0.53 |
| 2013 | 38.25 | 23,59 | -0.44 |
| 2012 | 45.46 | 24,21 | -1.23 |
| 2011 | 49.75 | 25,23 | 1.28 |
| 2010 | 49.24 | 24,45 | 1.32 |
| 2009 | 45.02 | 24,43 | 1 |
| 2008 | 40.02 | 23,85 | 1.41 |
| 2007 | 35.93 | 24,40 | 1.38 |
| 2006 | 30.85 | 25,05 | 1.14 |
| 2005 | 27.43 | 23,68 | 0.98 |
Best Buy Co Aktienanalyse
What does Best Buy Co do?
Best Buy Co. Inc. is a multinational retailer of consumer electronics, computers, and household appliances headquartered in Richfield, Minnesota, USA. The company was founded in 1966 by Richard M. Schulze and his business partners under the name Sound of Music. Initially, the company specialized in selling audio products and had only one store in St. Paul, Minnesota. In 1983, Schulze renamed the company to Best Buy and opened the first Best Buy Superstore in Burnsville, Minnesota. The Superstore offered a wide selection of electronics products at affordable prices, which quickly proved to be a successful formula. In the 1990s, Best Buy expanded throughout the United States and also opened stores in Canada and Mexico. Today, Best Buy is one of the largest retailers of electronics worldwide. Best Buy's business model is based on selling electronics products and services in large retail stores. Best Buy offers a wide range of products, including computers, tablets, smartphones, TVs, household appliances, cameras, video games, and more. Additionally, the company also provides services such as repairs, installations, and maintenance services for the products sold. Best Buy is divided into various business segments, all of which contribute to making the company profitable. The largest division is the Consumer Electronics Group, which is primarily responsible for the sale of electronics products such as TVs, audio devices, computer hardware, and consumer goods such as smartphones and tablets. The Home Appliances Group focuses on the sale of household appliances such as refrigerators, ovens, washing machines, and dryers. The Entertainment Group sells video games, music, and movies. Best Buy also has a digital division that deals with the online sale of products and services. An important feature of the Best Buy business model is its commitment to customer service. In recent years, Best Buy has invested in training and employee development to ensure that its staff can assist customers in selecting, purchasing, and using the products. The company has also built an online community that allows customers to exchange ideas and provide feedback. In addition to selling electronics products, Best Buy also carries a range of private label brands. These include Insignia and Rocketfish, which offer electronics products such as TVs, speakers, and phone cases. Furthermore, the company also offers its own brands for computers and household appliances, including Dynex and Amana. Overall, Best Buy has undergone an impressive development in recent decades. The company has evolved from a small audio store in Minnesota to become one of the largest retailers of consumer electronics globally. Despite increasing competition from online retailers and discount stores, Best Buy has been able to remain competitive and strengthen its presence in both the retail business and the online community. Best Buy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Best Buy Co's Market Capitalization
Best Buy Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of Best Buy Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
Best Buy Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in Best Buy Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about Best Buy Co Stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Best Buy Co.
How has the market capitalization of Best Buy Co developed in recent years?
The market capitalization of Best Buy Co has increased/decreased by -7.45% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of Best Buy Co?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of Best Buy Co?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of Best Buy Co have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does Best Buy Co pay?
Over the past 12 months, Best Buy Co paid a dividend of 0.94 USD . This corresponds to a dividend yield of about 1.31 %. For the coming 12 months, Best Buy Co is expected to pay a dividend of 1.42 USD.
What is the dividend yield of Best Buy Co?
The current dividend yield of Best Buy Co is 1.31 %.
When does Best Buy Co pay dividends?
Best Buy Co pays a quarterly dividend. This is distributed in the months of July, October, January, April.
How secure is the dividend of Best Buy Co?
Best Buy Co paid dividends every year for the past 0 years.
What is the dividend of Best Buy Co?
For the upcoming 12 months, dividends amounting to 1.42 USD are expected. This corresponds to a dividend yield of 1.98 %.
In which sector is Best Buy Co located?
Best Buy Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Best Buy Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Best Buy Co from 4/11/2024 amounting to 0.94 USD, you needed to have the stock in your portfolio before the ex-date on 3/20/2024.
When did Best Buy Co pay the last dividend?
The last dividend was paid out on 4/11/2024.
What was the dividend of Best Buy Co in the year 2023?
In the year 2023, Best Buy Co distributed 3.68 USD as dividends.
In which currency does Best Buy Co pay out the dividend?
The dividends of Best Buy Co are distributed in USD.
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Andere Kennzahlen von Best Buy Co
Our stock analysis for Best Buy Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Best Buy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
