Best Buy Co. Inc (BBY)
Operating profit margin
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,262,000 | 1,574,000 | 1,795,000 | 3,039,000 | 2,391,000 |
| Revenue | US$ in thousands | 41,528,000 | 43,452,000 | 46,298,000 | 51,761,000 | 47,262,000 |
| Operating profit margin | 3.04% | 3.62% | 3.88% | 5.87% | 5.06% |
February 1, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,262,000K ÷ $41,528,000K
= 3.04%
The operating profit margin of Best Buy Co. Inc has shown fluctuations over the years based on the data provided.
- In January 2021, the operating profit margin was 5.06%, indicating that the company generated 5.06 cents of profit for each dollar of sales before interest and taxes.
- By January 2022, this margin increased to 5.87%, suggesting improved operational efficiency or cost management.
- However, in January 2023, there was a decline in the operating profit margin to 3.88%, which may indicate increased expenses relative to sales.
- The trend continued with a further decrease in February 2024 to 3.62%, suggesting potential challenges in maintaining profitability.
- In February 2025, the operating profit margin decreased again to 3.04%, signaling the need for the company to carefully manage costs and improve operational effectiveness in order to enhance profitability.
Overall, it is essential for Best Buy Co. Inc to closely monitor its operating profit margin and implement strategies to improve efficiency and control costs in order to sustain and enhance its financial performance over time.