Best Buy Co., Inc. company logo
Best Buy Co., Inc. logo

Best Buy Co., Inc. (BBY) Gross Margin

Annual Gross Margin

22.45%0.10%-0.44%

Summary

Current Value
As of today, BBY annual gross margin is 22.45%, down -0.44% on
Historical Performance
BBY annual gross margin is up +5.80% over the past 3 years, up +0.90% over the past 5 years
All-Time High Comparison
BBY annual gross margin is currently -76.99% below its historical high of 97.58% set on
3-Year Low Comparison
BBY annual gross margin is +5.80% above its 3-year low of 21.22% reached on an earlier date
Sector Comparison
BBY annual gross margin is higher than 37.41% of companies in Consumer Cyclical sector

Gross Margin Chart

SUGGESTED SERIES

Performance

BBY Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin22.45%-0.4%+5.8%+0.9%-10.9%
Quarterly Gross Margin23.50%+0.8%+4.4%+1.7%-7.1%
Price$87.27+21.6%+11.0%-20.7%+263.3%
PE Ratio16.15-18.4%+19.5%+43.8%+130.7%
Annual Revenue$41.69B+0.4%-9.9%-11.8%-17.1%
Annual Gross Profit$9.36B-0.1%-4.8%-11.0%-26.1%
Annual Operating Margin4.16%+0.5%-0.2%-23.5%-9.6%
Annual Net Margin2.56%+14.8%-16.3%-32.6%-5.9%

Gross Margin Highs

BBY Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y22.55%-0.4%
5Y22.55%-0.4%
All97.58%-77.0%

Gross Margin Lows

BBY Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y21.22%N/A+5.8%
5Y21.22%+5.8%
All12.22%+83.7%

Gross Margin History

YearValueChange
22.45%-0.4%
22.55%+2.7%
21.96%+3.5%
21.22%-4.9%
22.32%+0.3%
22.25%-2.7%
22.86%-1.6%
23.23%-0.9%
23.43%-0.5%
23.55%+2.2%
23.04%+2.7%
22.43%+0.9%
22.23%-5.9%
23.62%-4.9%
24.83%-1.4%
25.19%+2.9%
24.47%+0.2%
24.43%+2.4%
23.85%-2.3%
24.40%+4.3%
23.40%-1.2%
23.68%0.0%
YearValueChange
23.68%-5.3%
25.00%+18.9%
21.03%+11.4%
18.87%0.0%
18.87%+3.2%
18.28%+5.3%
17.36%+14.8%
15.12%+17.2%
12.90%+5.6%
12.22%-4.8%
12.83%-11.2%
14.45%-13.1%
16.62%-9.7%
18.40%-81.1%
97.58%+335.6%
22.40%-76.9%
97.18%+328.5%
22.68%-12.3%
25.85%+0.8%
25.64%+9.8%
23.35%-

FAQ

What is the current annual gross margin of BBY?
As of today, BBY annual gross margin is 22.45%
What is 1-year change in BBY annual gross margin?
BBY annual gross margin is down -0.44% year-over-year
What is 3-year change in BBY annual gross margin?
BBY annual gross margin is up +5.80% over the past 3 years
How far is BBY annual gross margin from its all-time high?
BBY annual gross margin is currently -76.99% below its historical high of 97.58% set on January 1, 1991
How does BBY annual gross margin rank versus sector peers?
BBY annual gross margin is higher than 37.41% of companies in Consumer Cyclical sector
When is BBY next annual earnings release?
As of today, the next annual earnings release for BBY has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. BBY Official Website bestbuy.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/764478/000076447826000005/0000764478-26-000005-index.htm
  3. BBY Profile on Yahoo Finance finance.yahoo.com/quote/BBY
  4. BBY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bby