Best Buy Co. Inc (BBY)
Operating profit margin
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,262,000 | 1,606,000 | 1,610,000 | 1,575,000 | 1,574,000 | 1,610,000 | 1,621,000 | 1,644,000 | 1,795,000 | 2,001,000 | 2,306,000 | 2,732,000 | 3,039,000 | 3,269,000 | 3,160,000 | 2,931,000 | 2,391,000 | 2,325,000 | 2,159,000 | 1,904,000 |
| Revenue (ttm) | US$ in thousands | 41,528,000 | 42,226,000 | 42,537,000 | 42,832,000 | 43,452,000 | 43,541,000 | 44,372,000 | 45,118,000 | 46,298,000 | 47,928,000 | 49,251,000 | 50,771,000 | 51,761,000 | 52,333,000 | 52,276,000 | 50,337,000 | 47,262,000 | 45,521,000 | 43,432,000 | 43,058,000 |
| Operating profit margin | 3.04% | 3.80% | 3.78% | 3.68% | 3.62% | 3.70% | 3.65% | 3.64% | 3.88% | 4.18% | 4.68% | 5.38% | 5.87% | 6.25% | 6.04% | 5.82% | 5.06% | 5.11% | 4.97% | 4.42% |
February 1, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,262,000K ÷ $41,528,000K
= 3.04%
Based on the provided data, Best Buy Co. Inc's operating profit margin has fluctuated over the given period. It started at 4.42% on May 2, 2020, and experienced slight variations until August 1, 2020, where it increased to 4.97%.
The operating profit margin continued to improve, reaching its peak at 6.25% on October 30, 2021, showcasing a favorable trend. However, from January 29, 2022, the margin began to decline gradually, dropping to 3.88% by January 28, 2023.
There was a slight recovery in the operating profit margin by May 4, 2024, but the margin remained relatively low around the 3.5-4% range from April 29, 2023, to February 1, 2025. The downward trend observed in the latter period may suggest challenges in managing operating expenses and generating sufficient revenues to maintain profitability.
Overall, the analysis indicates fluctuations in Best Buy Co. Inc's operating profit margin over time, underscoring the need for the company to focus on cost management and revenue growth strategies to enhance its operational efficiency and profitability in the future.