Best Buy Co. Inc (BBY)
Profitability ratios
Return on sales
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.10% | 21.91% | 21.73% | 21.52% | 21.41% | 21.46% | 21.84% | 22.21% | 22.49% | 22.68% | 22.69% | 22.49% | 22.37% | 22.55% | 22.64% | 22.86% | 23.03% | 23.35% | 23.36% | 23.32% |
| Operating profit margin | 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% | 4.60% | 4.67% | 4.52% | 4.59% |
| Pretax margin | 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% | 4.57% | 4.62% | 4.50% | 4.57% |
| Net profit margin | 2.86% | 2.93% | 2.91% | 2.93% | 3.06% | 3.23% | 3.60% | 4.33% | 4.74% | 5.05% | 4.85% | 4.44% | 3.80% | 3.79% | 3.75% | 3.33% | 3.53% | 3.54% | 3.52% | 3.54% |
Best Buy Co. Inc's profitability ratios have shown some fluctuations over the past few quarters. The gross profit margin has remained relatively stable at around 21-23% with a slight increase in recent periods. This indicates that the company is managing its cost of goods sold effectively.
The operating profit margin has shown more variability, ranging from 3.62% to 6.25% over the last few quarters. There was an increase from 2021 to 2022, but a slight decline in the most recent quarters. This could reflect changes in operating expenses and efficiency in generating operating income.
The pretax margin has also fluctuated between 3.67% and 6.25%, with a similar pattern to the operating profit margin. This suggests that while the company is generating a consistent level of revenue, its ability to control expenses and taxes has varied.
The net profit margin, which indicates the company's bottom-line profitability, has shown a similar trend, fluctuating between 2.86% and 5.05%. There was a significant increase in net profit margin from 2021 to 2022, followed by a slight decline in recent quarters.
Overall, Best Buy Co. Inc's profitability ratios suggest that the company has been able to maintain a reasonable level of profitability, but there may be some areas where efficiency improvements could be made to enhance overall profitability in the future.
Return on investment
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.52% | 9.54% | 10.58% | 11.19% | 11.36% | 11.76% | 14.96% | 17.91% | 17.36% | 16.26% | 17.01% | 16.55% | 12.54% | 10.97% | 12.40% | 12.20% | 12.89% | 11.93% | 13.00% | 13.53% |
| Return on assets (ROA) | 8.29% | 7.56% | 8.42% | 9.00% | 8.98% | 9.11% | 11.49% | 14.43% | 14.02% | 13.15% | 13.65% | 12.62% | 9.43% | 8.15% | 9.36% | 9.20% | 9.88% | 9.05% | 10.11% | 10.45% |
| Return on total capital | 39.81% | 43.15% | 42.94% | 43.01% | 46.12% | 48.44% | 56.53% | 69.52% | 72.07% | 60.01% | 57.28% | 55.08% | 41.59% | 44.14% | 49.82% | 48.23% | 43.43% | 47.39% | 44.31% | 44.71% |
| Return on equity (ROE) | 40.65% | 45.38% | 45.50% | 47.33% | 50.77% | 51.79% | 61.27% | 79.51% | 81.26% | 61.80% | 58.50% | 53.73% | 39.20% | 42.27% | 43.12% | 42.08% | 44.29% | 48.99% | 46.12% | 45.35% |
Best Buy Co. Inc has shown consistent profitability over the past few quarters.
- Operating return on assets (Operating ROA): This ratio indicates that for every dollar of assets, Best Buy generates operating income. The company's Operating ROA has generally been stable around the 10-14% range, with a peak at 17.91% in April 2022 and a low of 9.54% in October 2023.
- Return on assets (ROA): The ROA measures the overall efficiency of asset utilization in generating profits. Best Buy's ROA also remained relatively steady, fluctuating between 7.56% and 9.43%, with a peak of 14.43% in April 2022.
- Return on total capital: This ratio measures the profitability of the company's total capital, including both equity and debt. Best Buy's return on total capital has been notably high, ranging between 39.81% and 72.07%, with the highest point at 72.07% in January 2022.
- Return on equity (ROE): The ROE reflects how well the company is utilizing shareholders' equity to generate profits. Best Buy has consistently delivered strong ROE figures, with a range between 39.20% and 81.26%, showcasing the company's ability to generate high returns for its shareholders.
Overall, Best Buy has maintained solid profitability ratios, demonstrating effective management of assets and capital, as well as a strong ability to generate returns for its investors.