Question 1

What is Best Buy Co.'s EV/EBITDA ratio?

Accepted Answer

Best Buy Co. (BBY) EV/EBITDA ratio is 8.6× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Best Buy Co.?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Best Buy Co. specifically, the relevant sector benchmark is the current sector median of 13.4×.

Question 5

Is Best Buy Co.'s EV/EBITDA ratio high or low?

Accepted Answer

Best Buy Co.'s EV/EBITDA ratio of 8.6× is above its own 5-year average of 7.5× and below the sector median of 13.4×. That places the current reading at the 80th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Best Buy Co.'s historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Best Buy Co. (BBY) EV/EBITDA ratio has ranged from a low of 2.8× in 2013 to a high of 12.5× in 2003. The 5-year average is 7.5× and the 5-year median is 7.3×.

Question 7

What was Best Buy Co.'s EV/EBITDA ratio in 2026?

Accepted Answer

Best Buy Co. (BBY) EV/EBITDA ratio at the end of 2026 was 7.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Best Buy Co.'s EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$13.7B	$2.28B	7.1×	-2.3×	Jan 31, 2026
2025	$18.3B	$2.21B	9.4×	+2.1×	Feb 1, 2025
2024	$16.3B	$2.6B	7.3×	-0.4×	Feb 3, 2024
2023	$18.8B	$2.74B	7.6×	+1.5×	Jan 28, 2023
2022	$23.1B	$3.92B	6.2×	-2.0×	Jan 29, 2022
2021	$28.2B	$3.27B	8.2×	-0.1×	Jan 30, 2021
2020	$22B	$2.87B	8.3×	+2.7×	Feb 1, 2020
2019	$15.7B	$2.73B	5.5×	-1.8×	Feb 2, 2019
2018	$20.7B	$2.58B	7.3×	+3.0×	Feb 3, 2018
2017	$13.6B	$2.54B	4.4×	+0.5×	Jan 28, 2017
2016	$9.48B	$2.05B	3.9×	-0.8×	Jan 30, 2016
2015	$12.4B	$2.14B	4.7×	+1.1×	Jan 31, 2015
2014	$8.15B	$1.9B	3.6×	+0.9×	Feb 1, 2014
2013	$5.45B	$1.94B	2.8×	-1.6×	Feb 2, 2013
2012	$8.32B	$2.12B	4.4×	+0.2×	Mar 3, 2012
2011	$12.5B	$3.14B	4.2×	-0.6×	Feb 26, 2011
2010	$15.3B	$3.22B	4.7×	-0.3×	Feb 27, 2010
2009	$12B	$2.66B	5.1×	-1.2×	Feb 28, 2009
2008	$17.7B	$2.74B	6.2×	-1.4×	Mar 1, 2008
2007	$22.2B	$2.51B	7.6×	-3.3×	Mar 3, 2007
2006	$26.2B	$2.1B	10.9×	+3.6×	Feb 25, 2006
2005	$16.9B	$1.92B	7.4×	-1.8×	Feb 26, 2005
2004	$17.3B	$1.69B	9.2×	+2.7×	Feb 28, 2004
2003	$9.36B	$1.28B	6.5×	—	Mar 1, 2003


Etsy (ETSY)	12.3×
Amazon (AMZN)	12.2×
Packaging Corporation of America (PKG)	12.2×
Avery Dennison (AVY)	11.9×
Wynn Resorts (WYNN)	11.7×
Williams-Sonoma (WSM)	11.7×
Amcor (AMCR)	11.6×
Lennar (LEN)	11.2×
GameStop (GME)	11.0×
Ball (BALL)	10.7×
Hasbro (HAS)	10.7×
NVR (NVR)	10.6×
Norwegian Cruise Line (NCLH)	9.9×
LKQ (LKQ)	9.0×
Deckers Outdoor (DECK)	9.0×
Carnival Corporation (CCL)	8.7×
Toll Brothers (TOL)	8.6×
Smurfit Westrock (SW)	8.3×
Expedia Group (EXPE)	8.0×
Mohawk Industries (MHK)	6.4×
General Motors (GM)	6.3×
Weyco Group (WEYS)	6.2×
Lululemon Athletica (LULU)	6.0×
Leggett & Platt (LEG)	5.4×
PDD Holdings (PDD)	3.6×

EV/EBITDA for Best Buy Co. (BBY) 2003-2026

EV/EBITDA daily chart for Best Buy Co. (BBY)

Historical EV/EBITDA for Best Buy Co. (BBY) from 2003 to 2026

About EV/EBITDA at Best Buy Co. (BBY)

Best Buy Co. EV/EBITDA by Year

Best Buy Co. EV/EBITDA 2026: 7.1×

Best Buy Co. EV/EBITDA 2025: 9.4×

Best Buy Co. EV/EBITDA 2024: 7.3×

Best Buy Co. EV/EBITDA 2023: 7.6×

Best Buy Co. EV/EBITDA 2022: 6.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Best Buy Co. (BBY) Key Financials