Best Buy Co. Inc (BBY)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,299,000 | 1,660,000 | 1,651,000 | 1,629,000 | 1,622,000 | 1,651,000 | 1,663,000 | 1,657,000 | 1,789,000 | 1,974,000 | 2,278,000 | 2,712,000 | 3,028,000 | 3,273,000 | 3,163,000 | 2,926,000 | 2,377,000 | 2,301,000 | 2,135,000 | 1,881,000 |
| 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 |
| Pretax margin | 3.13% | 3.93% | 3.88% | 3.80% | 3.73% | 3.79% | 3.75% | 3.67% | 3.86% | 4.12% | 4.63% | 5.34% | 5.85% | 6.25% | 6.05% | 5.81% | 5.03% | 5.05% | 4.92% | 4.37% |
February 1, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,299,000K ÷ $41,528,000K
= 3.13%
The pretax margin of Best Buy Co. Inc, which represents the company's profitability relative to its total revenue before accounting for taxes, has shown fluctuations over the analyzed period. From May 2, 2020, to February 1, 2025, the pretax margin ranged from a low of 3.13% to a high of 6.25%.
The pretax margin started at 4.37% in May 2020 and gradually increased, reaching its peak at 6.25% on October 30, 2021. Following this peak, there was a gradual decline in the pretax margin, dropping to 3.13% by February 1, 2025.
Overall, the pretax margin trend indicates some volatility in Best Buy's profitability over the period under review. It would be essential for stakeholders to closely monitor and analyze the factors impacting the company's pretax margin to understand the financial performance and make informed decisions.