Best Buy Co. Inc (BBY)
Pretax margin
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,299,000 | 1,622,000 | 1,789,000 | 3,028,000 | 2,377,000 |
| Revenue | US$ in thousands | 41,528,000 | 43,452,000 | 46,298,000 | 51,761,000 | 47,262,000 |
| Pretax margin | 3.13% | 3.73% | 3.86% | 5.85% | 5.03% |
February 1, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $1,299,000K ÷ $41,528,000K
= 3.13%
The pretax margin of Best Buy Co. Inc has exhibited a mixed trend over the past five years. Starting at 5.03% on January 30, 2021, the pretax margin improved to 5.85% by January 29, 2022, indicating enhanced profitability. However, the margin dipped to 3.86% on January 28, 2023, and further decreased to 3.73% by February 3, 2024, showcasing a decline in profitability. The trend continued with a pretax margin of 3.13% on February 1, 2025, signifying a further decrease in profitability. Overall, the pretax margin of Best Buy Co. Inc has experienced fluctuations, pointing towards varying levels of operational efficiency and cost management over the period under review.